Table of Contents

Introduction Part I: An Overview of Economic Development 1. The Development Imperative 2. Measuring Economic Growth and Development 3. Development in Historical Perspective Part II: Theories of Development and Underdevelopment 4. Classical and Neoclassical Theories 5. Developmentalist Theories of Economic Development 6. Heterodox Theories of Economic Development Part III: The Structural Transformation 7. The State as a Potential Agent of Transformation 8. Endogenous Growth Theories and New Strategies for Development 9. The Initial Structural Transformation 10. Strategy Switching and Industrial Policies 11. Agriculture and Development 12. Population, Education and Human Capital 13. Technology and Development Part IV: Problems and Issues 14. Transnational Corporations and Economic Development 15. Macroeconomic Equilibrium 16. The Debt Problem and Development 17. International Institutional Linkages

About the Author

James M. Cypher is Research Professor at the Universidad Autónoma de Zacatecas, Mexico and Emeritus Professor of Economics at California State University, Fresno, USA.

Reviews

'The Process of Economic Development has been an excellent text and resource for development studies and economic development students for many years. The new fourth edition of this book continues to provide these important educational services in a relevant and scholarly manner, while effectively keeping up with the evolving research literatures of the field' — Kenneth A. Reinert, George Mason University, USA