Summary

This best-selling text offers a unique policy-oriented approach that uses models and concepts to illustrate real-world development problems. Revised to incorporate the latest research and data, Economic Development includes extensive country-specific examples. Throughout, the text provides students with the necessary technical coverage while maintaining its hallmark accessibility for those with little economic background. *Humanistic approach - focuses on people issues' - not abstract economic theories *NEW The seventh edition takes a detailed look at the 1997 Asian currency crises, the virtual implosion of the Russian economy, and recession in the Brazilian economy *NEW A reorganised Part II, Problems and Policies: Domestic', better reflects the continuity of human resource issues by presenting in succession chapters on population, unemployment, urbanisation, and education *NEW Updated end-of-chapter case studies and part-concluding comparative case studies allow students to apply concepts to various developing nations *NEW The significance of Indonesia in the Asian economic crises is highlighted in an all-new country case study *NEW The Seventh Edition comes with a powerfu