Economic Development, 13th edition

Published by Pearson (July 25, 2024) © 2025

  • Stephen C. Smith The George Washington University
  • Michael P. Todaro New York University and The Population Council
eTextbook in Pearson+

Details

  • A print edition
Products list

Details

  • A print edition

Title overview

Economic Development, the leading textbook in this field, provides you with a complete and balanced introduction to the requisite theory, driving policy issues, and latest research. Todaro and Smith take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies, to show how theory relates to the problems and prospects of developing countries.

Table of contents

  1. 1 Introducing Economic Development: A Global Perspective
  2. 2 Comparative Economic Development
  3. 3 Classic Theories of Economic Growth and Development
  4. 4 Contemporary Models of Development and Underdevelopment
  5. 5 Poverty, Inequality, and Development
  6. 6 Population Growth and Economic Development: Causes, Consequences, and Controversies
  7. 7 Urbanisation and Rural-Urban Migration: Theory and Policy
  8. 8 Human Capital: Education and Health in Economic Development
  9. 9 Agricultural Transformation and Rural Development
  10. 10 The Environment and Development
  11. 11 Development Policymaking and the Roles of Market, State, and Civil Society
  12. 12 International Trade Theory and Development Strategy
  13. 13 Balance of Payments, Debt, Financial Crises, and Sustainable Recovery: Cases and Policies
  14. 14 Foreign Finance, Investment, Aid, and Conflict: Controversies and Opportunities
  15. 15 Finance and Fiscal Policy for Development

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