For this Handbook authors known to have different views regarding the nature of development economics have been selected. The Handbook is organised around the implications of different sets of assumptions and their associated research programs. It is divided into three volumes, each with three parts which focus on the broad processes of development.
In Volume 2 the emphasis shifts towards policy issues. Techniques of resource allocation and policy planning at both macro and micro levels are discussed in the first part of this volume. The changing international economy within which national development takes place is an important aspect and this is dealt with in the middle section of the book. The role of the state is at least as important in the early stages of development as it is later on, and included in the last section of the Handbook is a comparison of the experience of countries pursuing different development strategies and draws lessons for policy.

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Table of Contents

Planning and Resource Allocation. Introduction (H. Chenery). Short-run macroeconomics (P. Arida, L. Taylor). Multisectoral models (S. Robinson). Income distribution and development (I. Adelman, S. Robinson). Taxation for developing countries (N. Stern, E. Ahmad). Project evaluation in theory and practice (L. Squire). International Aspects. Introduction (T. Srinivasan). International cooperation (P. Streeten). Trade and development (C. Bliss). Alternative perspectives on trade and development (D. Evans). Foreign public capital flows (J. Eaton). Foreign private capital flows (E.A. Cardoso, R. Dombusch). Transnational corporations and direct foreign investment (G. Helleiner). Disequilibrium and structural adjustment (S. Edwards, S. van Wijnbergen,). Country Experience with Development. Introduction (H. Chenery). Primary exporting countries (S.R. Lewis Jr.). Import substitution (H. Bruton). Outward orientation (B. Balassa). Large countries: The influence of size (D.H. Perkins, M. Syrquin).


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© 1989
North Holland
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@qu:..."this is a wonderfully stimulating and comprehensive collection of essays on development economics. It deserves to be on the shelf of every serious scholar of development economics and to be closely read by graduate students working in the area." @source:Economic Record @qu:If one ambitiously attempts to make an overall evaluation of these two volumes, one must conclude that the two volumes are excellent and extremely worthwhile for all readers who are interested in development economics. Not only are almost all important problems tackled and very well presented in these two volumes, but also one learns how difficult the various problems of developing countries are and how difficult it is to achieve certain progress in the development of such countries. All chapters have an extremely good reference list so that one easily finds more literature should one desire to study specific problems. @source:Journal of Economics/Zeitschrift für Nationalökonomie @qu:..."The Handbook is an impressive accomplishment. Academics more than practitioners will be the beneficiaries, and a cohort of graduate students will find the comprehensive surveys and extensive bibliographies a basic reference." @source:Journal of Economic Literature @qu:"This addition to the prestigious North-Holland series of Handbooks in Economics is fully up to the high standards set by earlier titles. ..."
"... These books should be obligatory items on the acquisitions list of any libraries which take their coverage of development economics seriously." @source:Development Policy Review @qu:..."Each survey is self-contained .... with its own bibliography and notes to assist the reader and student in further study. ..... an extensive and excellent index also helps the reader to study what is be