Introduction to Development Economics.
An Alternative Approach to Growth, Sustainability and Cooperation
Authors:
Marco Missaglia
Gianni Vaggi
Marco Missaglia is Professor of International Macroeconomics at the University of Pavia.
Gianni Vaggi is Professor of Economics and Management of Cooperation and Development at the University of Pavia.
Palgrave Macmillan Cham, Springer Nature Switzerland AG 2025
About this book
Contains summary points and learning exercises to aid revision and self-assessment
Includes case studies to provide an empirical understanding of development economics
Looks beyond neoclassical ideas of growth to present development that is socially and environmentally sustainable
This textbook provides an introduction to development economics that examines both the drivers of economic growth and sustainable development. It initially presents development economics within a historical and political context, before widening its attention to theories of growth and development, the importance of the Sustainable Development Goals, the imbalance of power between the Global North and South, global development policies, and the role of international finance in development. Rather than focusing primarily on neoclassical growth theories, qualitative and quantitative aspects of the development process are both highlighted.
This book aims to give readers a broad understanding of the economic drivers of development and the economic theories that underpin them. It will be relevant to undergraduate and postgraduate students interested in development economics and sustainable development.
Table of contents (16 chapters)
Front Matter
Pages i-xxvii
Introduction: About Human and Sustainable Development?
Pages 1-5
Facts, Definitions, and Goals
Front Matter
Pages 7-7
People: Human Beings in Space and Time
Pages 9-27
Prosperity
Pages 29-51
From Economic Growth to Sustainability
Pages 53-70
A Changing Economic Scenario
Pages 71-88
Theories of Economic Development and Growth
Front Matter
Pages 89-89
Production and Distribution of Wealth; the Founding Fathers
Pages 91-104
Solow and Swan’s Growth Theory: An Already Mature Economy
Pages 105-116
Dualism, Development, Growth and Structural Change: Arthur Lewis Comes Back
Pages 117-128
Development and Increasing Returns: The Teaching of Paul Rosenstein-Rodan and Albert Hirschman, and the Role of the Bourgeoisie
Pages 129-140
Convergence, Divergence, and Endogenous Growth: Does Globalization Work?
Pages 141-154
Keynes in the Tropics. The Importance of History and Aggregate Demand in the Processes of Growth and Development
Pages 155-167
Macroeconomics and Structure. Mickael Kalecki’s Lessons and Gap Models
Pages 169-185
Development in the Global Economy
Front Matter
Pages 187-187
Trade, Finance, and the Environment in the “center-periphery” Models. Raul Prebish, CEPAL and Today’s World
Pages 189-203
Finance and Development
Pages 205-230
Toward Human and Sustainable Development
Pages 231-247
The Road to Dignity
Pages 249-264
DOI: https://doi.org/10.1007/978-3-031-67926-1
Softcover ISBN978-3-031-67925-4 (Published: 22 March 2025)
eBook ISBN978-3-031-67926-1 (Published: 21 March 2025)
Number of Pages: XXVII, 278
Mario Cedrini