Book Description

This classic, bestselling textbook provides a comprehensive introduction to the field of development economics. The 10th edition of Tony Thirlwall's book, now co-written with Penélope Pacheco-López, provides a clear, comprehensive and rigorous introduction to the theory of development economics and the experience of developing countries. Balancing a historic approach with current data and references, it provides a wide-ranging analysis of the subject. This all-inclusive methodology succeeds at representing different schools of thought with a balance of micro and macro topics.

An ideal textbook for undergraduate students of economics and other social sciences, it is also suitable for upper undergraduate and master's level modules on development economics as an option on a non-economics degree.

New to this Edition

- A brand new chapter on human capital: education, nutrition, health, and the role of women in development

- New material on the Sustainable Development Goals, the measurement of poverty, and the multidimensional poverty index

- Discussion of randomized control trials

- The role of structural change in economic development

- New IMF lending facilities