Includes bibliographical references and indexes.

Contents: Development and underdevelopment: The study of economic development -- The development gap and the measurement of poverty -- The characteristics of underdevelopment and structural change -- Theories of economic growth: Why growth rates differ between countries -- Factors in the development process: Land, labour and agriculture -- Capital and technical progress -- Obstacles to development: Dualism, centre-periphery models and the process of cumulative causation -- Population and development -- The role of the state, the allocation of resources, sustainable development and the choice of techniques: Resource allocation in developing countries: The market mechanism and the role of the state -- Project appraisal, social cost-benefit analysis and shadow wages -- Development and the environment -- The choice of techniques -- Input-output analysis -- Financing economic development: Financing development from domestic resources -- Foreign assistance, debt and development -- International trade, the balance of payments and development: Trade and development -- The balance of payments, international monetary assistance and development.