Economic development / Michael P. Todaro, Stephen C. Smith.

Includes bibliographical references and indexes.

(* Denotes Online Chapter.)I. PRINCIPLES AND CONCEPTS. 1. Economics, Institutions, and Development: A Global Perspective. 2. Diverse Structures and Common Characteristics of Developing Nations. 3. Historic Growth and Contemporary Development: Lessons and Controversies. 4. Classic Theories of Development: A Comparative Analyis. 5. Contemporary Models of Development and Underdevelopment. II. PROBLEMS AND POLICIES: DOMESTIC. 6. Poverty, Inequality, and Development. 7. Population Growth and Economic Development: Causes, Consequences, Controversies. 8. Urbanization and Rural-Urban Migration: Theory and Policy. 9. Human Capital: Education and Health in Economic Development. 10. Agricultural Transformation and Rural Development. 11. The Environment and Development. III. PROBLEMS AND POLICIES: INTERNATIONAL. 12. Trade Theory and Development Experience. 13. The Trade Policy Debate: Export Promotion, Import Substitution, and Economic Integration. 14. Balance of Payments, Developing-Country Debt, and the Macroeconomic Stabilization Controversy. 15. Foreign Finance, Investment, and Aid: Controversies and Opportunities. IV. POSSIBILITIES AND PROSPECTS. 16. Developing Policymaking and the Role of the State. 17. Financial and Fiscal Policy for Development.