Contemporary Economic Issues in Developing Countries

Contemporary Economic Issues in Developing Countries
Author :
Publisher : Bloomsbury Publishing USA
Total Pages : 276
Release :
ISBN-10 : 9780313057007
ISBN-13 : 0313057001
Rating : 4/5 (07 Downloads)

Book Synopsis Contemporary Economic Issues in Developing Countries by : John Baffoe-Bonnie

Download or read book Contemporary Economic Issues in Developing Countries written by John Baffoe-Bonnie and published by Bloomsbury Publishing USA. This book was released on 2003-04-30 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Important lessons for policy makers are provided here as contributors evaluate the effectiveness of domestic economic policies and the recommendations of international organizations such as the World Bank regarding the economic development of developing countries. Challenges posed by debt problems, corruption, population dynamics, poverty, and the absence of adequate human and physical capital are highlighted. Contributors cast doubts on the conclusions of the prevailing theories of economic development with patterns of economic change over the course of the 20th century. Their findings point out the issue of inadequate social capability as a critical factor in understanding the lack of economic development in many developing countries. They suggest that contemporary theorizing tends to pinpoint necessary but insufficient conditions for the successful implementation of development strategies in these countries.


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