Economic Development

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Economic Development
by Michael P. Todaro, Stephen C. Smith
from Longman Group United Kingdom

Customer Reviews:

• Avg. Customer Rating: 4.5 / 5.0

• Very illuminating
  This book talks about many issues on economic development, and it also includes alternative approaches. You do not have to be a economics major to understand that book.

• Expensive--and worth every penny
  I was horrified to see how much this book cost when I started my Development Economics course. Now I'm very glad I bought it.
  The writing is very good: it's dense, clear, and accurate. It clearly presents the economic models of the most referenced development economists. It places them in context and critiques them.
  I was so pleased with this book (and the subject) that I went on to pursue an MA with a focus on development economics. Textbooks that can change your life are few--this ranks among... more info

• Not really much economics
  While Michael Todaro's text is widely used, as another reviewer points out, it is as much political "science" and sociology as economics. I am an economics professor and I have taught Economic Development courses from this text and had to repeatedly bring the perspective of neo-classical economics which was lacking or misconstrued. This text is closer to neo-Marxist than neo-classical.

  If you wish to gain the insights of economics, I would recommend "The Elusive Quest for Growth : Economists' Adventures... more info

• Gives meaning to "development" ...... 5++
  Todaro and Smith cover the major issues and influences of poverty in the third world, as we know it today.

  With development having many different meanings and underdevelopment been a concept that many theories, especially economic ones, ignore, this book is exceptional in its analysis of the third world and the need for development, both economically and socially; the role of women and children in poverty is raised and discussed, as the important issue that it is, .... and more than often is ignored AND... more info

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