The importance of development economics in understanding the problems that developing countries face is stressed in this book and remedies for their resolution are offered. The author exposes the weaknesses of the free market theory but argues that development economics must itself evolve and take on new dimensions which are founded in rational analysis. Comprehensive in scope and lively in style, this book deals with various schools of thought and provides insightful comments on economic thinking relating to ...
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The importance of development economics in understanding the problems that developing countries face is stressed in this book and remedies for their resolution are offered. The author exposes the weaknesses of the free market theory but argues that development economics must itself evolve and take on new dimensions which are founded in rational analysis. Comprehensive in scope and lively in style, this book deals with various schools of thought and provides insightful comments on economic thinking relating to development issues.
Read Less