The fifth edition of The Process of Economic Development by James M. Cypher is an authoritative textbook in the field of development economics. This reference work provides a current and comprehensive overview of economic development, aimed at students and researchers in this field.
Overview
This edition features an in-depth analysis of economic development worldwide, including recent growth achievements of China and India, reforms in Latin America and Southeast Asia, and the impact of environmental issues such as climate change. The book discusses the role of the state in development, with comparisons between China and African countries.
Key themes include the role of multinational corporations, division of labor, agricultural policy, and industrialization. In addition, it offers theoretical depth, including neoclassical theories and current insights from behavioral economics. Numerous case studies and practical examples make complex concepts easier to understand.
This textbook stands out for its practical approach, a broad overview of heterodox and institutional approaches, and a thorough focus on the historical contexts of development.
Product information
- Author: James M. Cypher
- Publisher: Taylor & Francis Ltd
- Imprint: Routledge
- Publication date: 2020-12-31
- Number of pages: 756
- ISBN: 9780367256821
- Theme: Development economics and emerging economies
- BISAC: BUSINESS & ECONOMICS / Development / Economic Development

