Theory and Evidence
Author: A.P. Thirlwall,Penélope Pacheco-López
Category: Business & Economics
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The economic and social development of the world’s poorest countries, and the eradication of primary poverty, is one of the greatest challenges facing the world. This tenth edition of Tony Thirlwall’s classic textbook Economics of Development, now co-written with Penélope Pacheco-López, provides a clear, comprehensive and rigorous introduction to the theory ofdevelopment economics and the experience of developing countries. Highlights of the new edition include:• A brand new chapter on human capital: education, nutrition, health, and the role of women in development• New material on the Sustainable Development Goals, the measurement of poverty, and the multidimensional poverty index• Discussion of randomized control trials • The role of structural change in economic development• New IMF lending facilities An ideal textbook for students of economics and other social sciences, this edition contains up-to-date statistics and data, case examples and website references. A companion website is available at www.palgravehighered.com/Thirlwall-Econ-Of-Dev-10e, which includes PowerPoint slides for lecturers, as well as web links to additional resources and videos on development issues. ‘The first edition of this classic text was in 1972, now in 2017 we have a tenth edition. No scholarly work survives for almost half a century without continuing to be current, relevant and authoritative; a considerable task in our fast changing world. Edition number 10 does not disappoint, and will continue to be of great value to current generations of students interested in the economics of development. It is stimulating, informative and comprehensive; as with previous editions, it also maintains rigour whilst continuing to be accessible.’ – Sir David Greenaway, University of Nottingham, UK ‘Economics of Development is by far the best undergraduate textbook in development economics. The new edition expands coverage of the material to include important and relevant topics such as the Sustainable Development Goals, multidimensional poverty, health and nutrition, microcredit, climate change and randomised control trials, and should be an essential reference for students and scholars alike.’ – Kunal Sen, University ofManchester, UK ‘Successive editions of Tony Thirlwall’s textbook on the economics of development have become classic guides to the subject – comprehensive, clear and dispassionate. This updated edition is again outstanding, an essential contemporary introduction to the topic.’ – Frances Stewart, University of Oxford, UK ‘This splendid book, which has gone from strength to strength through ten comprehensive editions, is unquestionably the finest available introduction to the challenging and ever-evolving subject of economic development.’ – Prema-chandra Athukorala, Australian National University, Australia A.P. THIRLWALL is Professor of Applied Economics at the University of Kent, UK. He has lectured widely in developing countries and has been a consultant to several international development agencies. He has also written a number of other books in the field of growth and development, and is Series Editor of Great Thinkers in Economics, published by Palgrave Macmillan. PENÉLOPE PACHECO-LÓPEZ teaches economics at the University of Kent, UK, and has been Consultant to the United Nations Conference on Trade and Development (UNCTAD), the International Trade Centre, and the United Nations Industrial Development Organization (UNIDO). With A.P. Thirlwall she is co-author of Trade Liberalization and the Poverty of Nations.