Economics of Development

Dwight H. Perkins is the H. H. Burbank Professor of Political Economy Emeritus at Harvard University and former director of the Harvard Institute for International Development. Professor Perkins is a leading scholar on the economies of East and Southeast Asia. Professor Perkins's legacy is contained not only in the many chapters he has contributed to Economics of Development and in his many scholarly books and articles, but also in the thousands of students he has taught over his distinguished academic career (including all of his current coauthors!).

This classic text has been aggressively revised to incorporate the latest research defining the Development Economics field today.

UPDATED AND STREAMLINEDAgriculture remains key to a healthy economy. The Seventh Edition addresses agriculture's role in growth and poverty alleviation and the institutions needed to create a robust agricultural sector. Several chapters have been heavily revised with new analysis on how economic development happens, the catalysts behind economic growth, the impact of globalisation on developing countries, effective trade policies and how development policies can be made positive and sustainable.INCORPORATES THE LATEST RESEARCH ON ECONOMIC GROWTH AND HUMAN RESOURCESThe Seventh Edition synthesises the latest economic growth theories with new research on technological change, laws protecting patents and copyright, institutions fostering innovation and invention, government stability, and the rule of law. New study-based policies for lowering population growth rates have also been added. Considering the added and revised chapters of this edition, as well as the five new chapters added to the previous edition, two-thirds of the text has been heavily updated in the past six years.AUTHORITATIVE AND COMPREHENSIVE COVERAGEThe authors are all distinguished scholars and practitioners, combining to produce a balanced and authoritative text. New coauthor Steven Block, an esteemed researcher and teacher, brings his expertise in agricultural development to the Seventh Edition.