It focuses on a wide range of developing countries not only as independent nation-states but also in relation to one another and in their interactions with rich nations in a global economy.Although these problems will of course differ in both scope and magnitude when we deal with such diverse countries as India, Bangladesh, Kenya, Egypt, Nigeria, Brazil, Mexico, and Guatemala, the fact remains that most face similar development problems: widespread poverty and large income and asset inequalities, rapid population growth, low levels of literacy and health, high levels of urban unemployment and underemployment, and chronic balance of payments and foreign-debt burdens, to name just a few. It starts from the premise that it is possible to design and structure a broadly based development economics textbook that simultaneously uses the best available cross-sectional data from Africa, Asia, and Latin America and appropriate theoretical tools to illuminate common developing country problems.This approach not only helps students think systematically about major current development issues but, even more important, provides them with a methodology and an operating procedure for analyzing and reaching policy conclusions about other contemporary and future development problems. The chapter then presents main goals and possible objectives, the role of economic analysis in illuminating the problem, and some possible policy alternatives and their likely consequences.
Each chapter begins by stating the general nature of a problem, its principal issues, and how it is manifested empirically in various developing countries. It approaches development problems systematically by following a standard pedagogic procedure with regard to their analysis and exposition.It adopts a problem- and policy-oriented approach to the teaching of development economics on the assumption that a central objective of any development economics course should be the fostering of a student’s ability to understand contemporary economic problems of developing countries and to reach independent and informed judgments and policy conclusions about their possible resolution.Formal, abstract models and concepts are used to elucidate real-world development problems rather than being presented in isolation from case study illustrations. It teaches economic development within the context of a major set of problems, such as poverty, inequality, unemployment, population growth, environmental decay, and rural stagnation.Among its most significant innovations are the following: These experiences have helped shape and refine a book that is unique among development texts in approach, organization, and pedagogy. Professor Todaro’s five years of living and teaching in Africa as well as two decades of extensive travel throughout Latin America and Asia, first as a director of the Rockefeller Foundation and then as a professor of economics at New York University. Senior Associate, at Population Council.Professor of economics, New York University.
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