Economic Development

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Combining accessible theory, relevant policy issues, and the latest data and research

Economic Development presents theory in the context of policy debates, so you see how theory and applied studies relate to the problems and prospects of developing countries. In the Tenth Edition, the authorsintegrate new discussions of recent thinking in areas such as environmental resources, gender, governance, inequality and poverty, and microfinance.

Todaro and Smith provide:

§          Theory and applied studies in context with real-world, country-specific examples.

§          Relevancy via an approach that presents development problems and case studies in the context of critical policy questions.

§          Currency with the best and most recent data and tools for analytical thinking.

§          A global perspective with development viewed in both domestic and international contexts.

“'In attempting the impossible task of covering the empirical diversity of Third World experiences and institutions, trying to keep up with the policy debate, and very important and very difficult, not pushing an ideological line but allowing students to make up their own minds it is streets ahead of all the direct competition I have seen, '

-Paul Mosley University of Sheffield.

'The strengths of the book are that it is comprehensive, well written and accessible to students who don’t have an in-depth understanding of formal economics.'

-Matthew Cole Birmingham University. 

“This Book has been and still is a classic.”

-Arild Angelsen, Agricultural University of  Norway.