Underdevelopment: A Strategy for Reform

Hardback

Main Details

Title Underdevelopment: A Strategy for Reform
Authors and Contributors      By (author) Paolo Sylos Labini
SeriesFederico Caffe Lectures
Physical Properties
Format:Hardback
Pages:224
Dimensions(mm): Height 224,Width 144
Category/GenreEconomics
The environment
ISBN/Barcode 9780521588690
ClassificationsDewey:338.90091724
Audience
Professional & Vocational
Tertiary Education (US: College)

Publishing Details

Publisher Cambridge University Press
Imprint Cambridge University Press
Publication Date 10 May 2001
Publication Country United Kingdom

Description

The process of globalisation, evidenced by environmental change, migration, industrial relation and the extraordinary acceleration of industrial economic relations, has not led to increased convergence in the global economy. Rather, in some cases it has been accompanied by greater divergence between the fortunes of the world's richest and poorest nations. Professor Sylos Labini argues that mainstream economics provide limited help in considering these phenomena and instead adopts the perspectives of Adam Smith, David Riccardo and Malthus, who put economic growth at the centre of their analyses. In this short book he offers a new approach to the theory of economic growth and reminds us of the great variety of economic trajectories in developing countries. He further proposes a strategy of institutional reform to respond to the problem of underdevelopment. For Africa he recommends a strategy of organizational reforms, including a programme to eradicate illiteracy and to promote rural and industrial districts.