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"The fifth edition of The Process of Economic Development offers a thorough and up-to-date treatment of development economics. It has been extensively revised throughout, reflecting the most recent developments in research and incorporating the latest empirical data, as well as key theoretical advances and many new topics. The world has seen vast economic growth in China, economic transformation in India, challenges in Latin America, rapid economic progress in Southeast Asia and the deepening impact of environmental issues such as climate change. This new edition addresses all these critical issues as well as the pivotal role of the state, where China's capacity is contrasted with that of the African states. Transnational corporations' reliance on low-wage manufacturing and labour arbitrage is featured. Agricultural policy-extensively explored-remains crucial, as does the promotion of industrialization. This fifth edition offers a 'state-of-the-art' analysis of these essential themes and many others. Numerous case studies and issue focuses have been integrated with sundry central topics. Neoclassical theories and applications, including a timely exploration of behavioral economics, are accessibly explicated. Cypher's comprehensive account remains the development economics text par excellence, as it takes a much more practical, hands-on view of the issues facing developing countries than other, overly mathematical texts. This book is unique in its scope and in the detailed attention it gives to a vast range of ideas, including pioneering developmentalist and heterodox formulations. Distinct institutional structures are examined within their historical contexts. This landmark text will continue to be an invaluable resource for students, teachers and researchers in the fields of development economics and development studies"--
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In development studies it is widely recognized that state intervention has been more profound in Mexico than elsewhere in Latin America. Since the 1930s, successive governments have actively adopted import substitution as a means of spurring economic growth, often with spectacular results. The collapse of the petro-boom in 1982, however, brought an
Free enterprise --- Mexico --- Economic conditions --- Economic policy.
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"The fourth edition of The Process of Economic Development offers a thorough and up-to-date treatment of development economics. This landmark text will continue to be an invaluable resource for students, teachers and researchers in the fields of development economics and development studies. The new edition has been revised and updated throughout, reflecting the most recent developments in research and incorporating the latest empirical data, as well as key theoretical advances. The period since the publication of the third edition of The Process of Economic Development has been a time of immense change in the developing world. The period has seen huge economic growth in China, economic restructuring in India and the continuing impact of environmental issues such as climate change. The fourth edition reflects these developments, as well as including new material on the following: - transnational corporations - perspectives on structural change - gender and development - progress towards the Millennium Development Goals - aid and the least developed nations - the post debt crisis era and debt relief for Africa. Cypher's text remains the development economics text par excellence, as it takes a much more practical, hands-on view of the issues facing developing countries than other, overly mathematical texts. This book is unique in its scope and in the detailed attention it gives to the historical contexts that have influenced progress toward development. It is accessibly written both for students of economics and for those with an interest in the many aspects of development studies"-- "The period since the publication of the third edition of The Process of Economic Development has been a time of immense change in the developing world. China, India and Brazil have enjoyed a period of huge economic growth while smaller countries such as Vietnam and Angola have also been subject to striking transformation. Environmental issues such as climate change have also had a huge impact, while issues of security in the Middle East and elsewhere have underlined the importance of natural resources and the ongoing forces of globalization.The fourth edition of this popular textbook has been updated to reflect the new challenges faced by developing countries across Asia, Latin America and Africa, while retaining its ever important emphasis on institutions, the importance of technology and the influence of global finance and business"--
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"How and why Mexico's socioeconomic structure was transformed through plutocratic preferences, US corporate strategies and ideology-all powering transnational processes of neoliberalization-are issues examined in this comprehensive, carefully documented, publication covering four crucial decades of metamorphosis. The causes and consequences of the creation of a new, regional, power bloc-NAFTA-are extensively examined. Readers will benefit from the many important demystifications presented here, chronicling the asymmetric Mexico-US production system. The impacts of the new transnational structure for labor on both sides of the border are matters of centrality. Specialists and general readers alike will find an explicit and accessible account of the powerful forces opening access to, and profiting from millions of low wage workers enabling Mexico to become a strategic source of US imports. Portrayed by mainstream economists and major policy makers as a "win-win" triumph of "free trade" theory, this book documents the opposing reality imposed by NAFTA and the USMCA on both the US and Mexican working classes. US economists foretold a dramatic narrowing of the income gap-the US would benefit; Mexico would benefit even more. But instead, the yawning gap increased for three decades, bringing devastation for workers while debilitating Mexico's national industrial base"--
Economic history. --- Mexico --- United States --- Economic conditions --- Economic policy --- Foreign economic relations
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Economic development. --- Economic development --- 330.580 --- 331.04 --- 338.30 --- 338.8 --- AA / International- internationaal --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Gecontroleerde economie. Geleide economie. Welvaarststaat. Algemeenheden --- Langdurige bewegingen --- Organisatie van de productie: algemeenheden --- Economische groei --- Économie du développement
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Economic conditions. Economic development --- Economic development --- 338 --- 330 --- 330 Theoretische economie. Economische theorie. Economische analyse --- Theoretische economie. Economische theorie. Economische analyse --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Economische toestand. Economische ontwikkeling --- 330.580 --- 331.04 --- 338.30 --- 338.8 --- AA / International- internationaal --- Gecontroleerde economie. Geleide economie. Welvaarststaat. Algemeenheden --- Langdurige bewegingen --- Organisatie van de productie: algemeenheden --- Economische groei
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Written by two leading scholars, this book provides a detailed analysis of Mexico's political economy. James M. Cypher and Raúl Delgado Wise begin with an examination of Mexico's pivotal economic crisis of the 1980's and the consequent turn toward an export-led economy, later anchored by NAFTA. They show how Mexico, after abandoning frequently successful past practices of state-led development, disastrously tied its future to an unconditional reliance on foreign corporations to promote an export-led growth strategy. This strategy, they convincingly argue, has resulted in a fragmented economy
Neoliberalism --- Mexico --- United States --- Economic policy --- Economic conditions --- Foreign economic relations
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The authors identify the inherent failures in CEPAL's "structuralist" approach to Latin America's severe economic problems and advance innovative strategies for improving longterm development prospects in the region.
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