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The process of economic development


"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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