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Economic Development
 
 

Economic Development [Hardcover]

Michael P. Todaro , Stephen C. Smith
4.0 out of 5 stars  See all reviews (2 customer reviews)
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Product Description

Book Description

A complete, balanced introduction to the theory, issues, and latest research.

Economic Development–the leading textbook in this field–provides readers with a complete and balanced introduction to the requisite theory, driving policy issues, and latest research. Todaro and Smith take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies so readers see how theory relates to the problems and prospects of developing countries.

 

The eleventh edition offers new sections on the global financial crisis and violent conflict. 

 

About the Author

Michael P. Todaro was Professor of Economics at New York University for eighteen years and Senior Associate at the Population Council for twenty years. He lived and taught in Africa for six years. He appears in Who's Who in Economics and Economists of the Twentieth Century. He is also the author of eight books and more than fifty professional articles. In a special February 2011 centenary edition, the American Economic Review selected Todaro’s article “Migration, Unemployment and Development: A 2-Sector Analysis” (with J. Harris) as one of the twenty most important articles published by that journal during the first one hundred years of its existence.

Stephen C. Smith is Director of the Institute for International Economic Policy and Professor of Economics and International Affairs at George Washington University. He received his PhD in economics from Cornell University. Smith is author of Ending Global Poverty: A Guide to What Works, co-editor of NGOs and the Millennium Development Goals: Citizen Action to Reduce Poverty, and author or coauthor of some three dozen journal articles.

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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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4.0 out of 5 stars (2 customer reviews)
 
 
 
 
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3.0 out of 5 stars Shipping Takes FOREVER, Feb 3 2012
This review is from: Economic Development (Paperback)
Cons:
I ordered this product just over a month ago, and really didn't think it would take this long. I emailed the provider and they never returned my inquiry. Overall, I got the book, but it was ridiculously late... good thing I need it for another class, or I'd have to unfortunately admit the level of usage really wouldn't be worth it.

Pros:
Beats the price at the bookstore...

Niagara College Student.
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1 of 3 people found the following review helpful
5.0 out of 5 stars Excellent!!, Feb 13 2010
By 
Lynne L. Lessard (Canada) - See all my reviews
(REAL NAME)   
This review is from: Economic Development (Hardcover)
Excellent... I am shocked to have gotten it ahead of time and in perfect condition. Great value, thank you so much!
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Amazon.com: 4.3 out of 5 stars (16 customer reviews)

12 of 12 people found the following review helpful
5.0 out of 5 stars A very readable introduction to developmental economics., Aug 23 2000
By J. Michael Showalter - Published on Amazon.com
Todaro in this book presents what is quite possibly the easiest to understand introduction to developmental economics that the world has to offer. He does not provide quick answers but a logical and well thought out conception of the complexities of the problems in a format that although not wholly excluding mathmatics, uses it only in appendixes, etc. to explain problems-- which leaves the book open to a wider audience (and also does not allow its readers into the overly simplistic answers that too much mathmatics sometimes hints at....) In my studies of development, this book more often than any other served as a quick reference and fairly handy bibliography. I recommend this book to any undergraduate student or student of public policy the world over. It should be a classic.

8 of 8 people found the following review helpful
5.0 out of 5 stars Accessible and Comprehensive, April 12 2003
By -_Tim_- - Published on Amazon.com
Amazon Verified Purchase(What's this?)
This review is from: Economic Development (8th Edition) (Hardcover)
The greatest problem facing economists today (I should say "facing the world today") is how to create wealth in the poorest countries of the world. This introduction to the subject is accessible to any reader, even those with very limited previous knowledge of economics. The book begins with a critical summary of current development theories and then takes on a number of policy questions, with case studies. Each chapter ends with discussion questions and the publisher maintains a web site with useful quantitative and graphing exercises (with answers).

Michael Todaro writes from a left-of-center perspective and is more ideological than most textbook writers. However, he presents other points of view and presents them pretty fairly in my opinion. And I have to say that he scores some pretty big points against the neoclassical theorists by showing that their assumptions are frequently at odds with reality.

While some of Todaro's more stridently ideological statements can be annoying, I know of no other book that provides such a comprehensive, well organized, and engagingly written introduction to economic development.


11 of 12 people found the following review helpful
5.0 out of 5 stars The best book on the complexities of economic development., Oct 13 1997
By Pedro J. Quintanilla - Published on Amazon.com
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Todaros's text on the complexities a developing country must face and consider to lead itself out of poverty and backwardness gets better with every edition, now on its sixth. It is the only book I have found that, with unsurpasssed dexterity, combines economics, sociology and political science into a unifying frame that should be required reading for policymakers and government throughout the developing world. His writing style, clarity of exposition and long-term vision are absolutely second to none.
 Go to Amazon.com to see all 16 reviews  4.3 out of 5 stars 
 
 
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