ABSTRACT

Following the 2007–2009 financial and economic crises, there has been an unprecedented demand among economics students for an alternative approach, which offers a historical, institutional and multidisciplinary treatment of the discipline. Economic development lends itself ideally to meet this demand, yet most undergraduate textbooks do not reflect this.

This book will fill this gap, presenting all the core material needed to teach development economics in a one semester course, while also addressing the need for a new economics and offering flexibility to instructors. Rather than taking the typical approach of organizing by topic, the book uses theories and debates to guide its structure. This will allow students to see different perspectives on key development questions, and therefore to understand more fully the contested nature of many key areas of development economics.

The book can be used as a standalone textbook on development economics, or to accompany a more traditional text.

part I|2 pages

Background

part II|2 pages

Key approaches to economic development and the middle income trap

chapter 6|27 pages

Developmentalists and developmentalism 1

chapter 8|38 pages

Neoliberalism and its critics

chapter 9|34 pages

New developmentalism

Industrial policy, policy space and premature deindustrialization debates 1

chapter 10|9 pages

Is there a middle income trap? 1

part III|2 pages

How key approaches play into some key debates

part IV|2 pages

Conclusion

chapter 15|14 pages

Catch-up growth

374Finding a trigger 1