1st Edition

Economic Progress and Policy in Developing Countries

By Angus Maddison Copyright 2006
    322 Pages
    by Routledge

    328 Pages
    by Routledge

    First published in 2005. The central issue of our times is the unequal income of nations. Its importance outweighs most of the domestic problems in rich countries, and the division of the world into rich and poor has become more significant than the ideological cleavage between communism and capitalism. There are twenty-five rich countries, but more than 100 countries who are in the where income range. Two-thirds of the world's population live in the latter group. This study focuses on those countries and looks at economic policy and progress.

    ECONOMIC PROGRESS & POLICY: A. MADDISON

    Contents

    ACKNOWLEDGMENTS page 7

    I. Postwar Growth in Historical Perspective 15

    II. Reasons for Accelerated Growth and Variations in Performance 34

    III. The Overall Strategy of Development 63

    IV. The Reasons for Instability 91

    V. Has Agriculture Been Neglected? 120

    VI. Has Industrialization Been Too Costly? 161

    VII. Foreign Markets for Goods and Services 197 VIII. External Finance 216

    IX. Population Control and Economic Growth 253

    X. Conclusions 266

    APPENDIX

    A. Levels of Real Output 278

    B. Growth of Total Output 297

    C. Population and, Employment 302

    D. Investment and External Finance 306

    E. Foreign Trade 312

    INDEX 314

    Biography

    Angus Addison