Development Economics

"The book brings into sharp relief the constituent elements of development economics - namely, a commitment to high rates of economic and human development; an uncompromising emphasis on bringing ethics and economics into a logical framework wherein it is neither irrational to act morally nor immoral to act rationally; and a mixed-economy approach to economic development. It persuasively illustrates how the foundations of neo-classical economics have been shaken by numerous developments in recent years which has made it increasingly inadequate when it comes to tackling real-world problems." "This book will be of considerable interest to both economic policy makers and lay persons interested in the philosophical and ethical questions raised by economic development. It will also serve as a text at the postgraduate level and as supplementary reading at the undergraduate level in the economics departments of universities throughout the world, but especially in Asia, Africa and Latin America."--Jacket.