Includes index.

Contents: Principles and concepts: Economics, institutions, and development: A Global perspective -- Comparative development: Differences and commonalities among developing countries -- Classic theories of economic development -- Contemporary models of development and underdevelopment -- Problems and policies: Domestic: Poverty, inequality, and development -- Population growth and economic development: causes, consequences, and controversies -- Urbanization and rural-urban migration: Theory and policy -- Human capital: Education and health in economic development -- Agricultural transformation and rural development -- The Environment and development -- Development policymaking and the roles of market, state, and civil society -- Problems and policies: International and macro: Trade theory and development experience -- The Trade policy debate: Export promotion, import substitution, and economic integration -- Balance of payments, developing-country debt, and the macroeconomic stabilization controversy -- Foreign finance, investment, and aid: Controversies and opportunities -- Finance and fiscal policy for development -- Some critical issues for the twenty-first century.