ABSTRACT
Economic development is a field of study in which economists have only recently begun to specialize, and in which consequently there is as yet no settled body of economic doctrine. I must therefore begin with the warning that what I am about to present is not the agreed view of a representative group of economists, but rather my own opinions. Though I have drawn on the literature of development and of economic theory in forming these opinions, I cannot say that the results constitute an authoritative statement of the present position of economics.
