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(For convenience, longer chapters can be divided into 2 parts, as indicated by page numbers)
PART I PRINCIPLES AND CONCEPTS OF DEVELOPMENT
1. Introduction (pp. 1-14)
2. The Meaning and Measurement of Economic Development (pp. 15-29, 30-52)
3. Economic Development in Historical Perspective (pp. 53-74, 74-94)
4. Characteristics and Institutions of Developing Countries (pp. 123-142, 142-164)
5. Theories of Economic Development (pp. 123-142, 142-164)
PART II POVERTY ALLEVIATION AND INCOME DISTRIBUTION
6. Poverty, Malnutrition, and Income Inequality (pp. 165-186, 186-219)
7. Rural Poverty and Agricultural Transformation (pp. 220-245, 245-269)
PART III FACTORS OF GROWTH
8. Population and Development (pp. 271-284, 284-307)
9. Employment, Migration, and Urbanization (pp. 308-333)
10. Education, Health, and Human Capital (pp. 334-360)
11. Capital Formation, Investment Choice, Information Technology,
and Technical Progress (pp. 361-377, 378-391)
12. Entrepreneurship, Organization, and Innovation (pp. 392-412)
13. Natural Resources and the Environment: Toward Sustainable Development (pp. 413-434,
PART IV THE MACROECONOMICS AND INTERNATIONAL
ECONOMICS OF DEVELOPMENT
14. Monetary, Fiscal, and Incomes Policy, and Inflation (pp. 465-478, 478-500)
15. Balance of Payments, Aid, and Foreign Investment (pp. 501-526, 526-550)
16. The External Debt and Financial Crises (pp. 551-566, 566-590)
17. International Trade (pp. 591-615, 615-654)
PART VI DEVELOPMENT STRATEGIES
18. Development Planning and Policymaking: the State, and the Market (pp. 655-676)
19. Stabilization, Adjustment, Reform, and Privatization (pp. 677-700, 700-736)
CHAPTER 1: ORGANIZATION OF THE TEXT
The book is organized into six parts.
Chapters 1-5 focus on principles and concepts of economic development.
Chapters 6-7 examine income distribution, including a discussion of the distribution between urban and rural areas and the process of agricultural transformation.
Chapters 8-13 analyze the role of population, production factors, and technology in economic development, with special emphasis in Chapter 13 on the environment and natural resources.
Chapters 14-17 discuss the macroeconomics and international economics of development.
Chapter 18 looks at planning for economic development.
Chapter 19 analyzes stabilization, adjustment, reform, and privatization.
HOW THE OTHER THREE-QUARTERS LIVE
Inequality between the world’s rich and poor
Development economics focuses primarily on the poorest three-fourths (to be precise, 78 percent) of the world's population.
These poor are the vast majority, but not all, of the population of developing countries, which comprise 81 percent of the world’s population. Many of them are inadequately fed and housed, in poor health, and illiterate.
If you have an average income in the United States and Canada, you are among the richest 5 percent of the world's population. The economic concerns of this 5 percent are in stark contrast to those of the majority of people on this planet.
Live in a three bedrooms apartment, a living room, kitchen, and numerous electrical appliances and consumer goods.
Three meals a day include coffee from Brazil, tinned fruit from the Philippines, and bananas from Ecuador.
Children are in good health.
Average life expectancy of 77 years.
Both parents received a secondary education, and the children can be expected to finish high school and possibly go to a university.
Their jobs will probably be relieved by modern machinery and technology.
Though they seem to have a reasonably good life, they may experience stress, frustration, boredom, insecurity, and a lack of meaning and control over their lives –air/water polluted, and roads congested..