Distribution and Development

Name: Distribution and Development
Price: 75 AUD
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ISBN: 9780262561532

A New Look at the Developing World

Gary S. Fields (Cornell University)

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Paperback

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English

MIT Press
26 July 2002

Macroeconomics; Development economics

Most of the world's people live in ""developing"" economies, as do most of the world's poor. The predominant means of economic development is economic growth. In this book Gary Fields asks to what extent and in what circumstances economic growth improves the material standard of living of a country's people. Most development economists agree that economic growth raises the incomes of people in all parts of the income distribution and lowers the poverty rate. At the same time, some groups lose out because of changes accompanying economic growth. Fields examines these beliefs, asking what variables should be measured to determine whether progress is being made and what policies and circumstances cause some countries to do better than others. He also shows how the same data can be interpreted to reach different, even conflicting, conclusions. Using both theoretical and empirical approaches, Fields defines and examines inequality, poverty, income mobility, and economic well-being. Finally, he considers various policies for broad-based growth. Copublished with the Russell Sage Foundation.

By: Gary S. Fields (Cornell University)
Imprint: MIT Press
Country of Publication: United States
Edition: New edition
Dimensions: Height: 229mm, Width: 152mm, Spine: 15mm
Weight: 363g
ISBN: 9780262561532
ISBN 10: 0262561530
Pages: 270
Publication Date: 26 July 2002
Recommended Age: From 18 years
Audience: College/higher education , Professional and scholarly , Professional & Vocational , A / AS level , Further / Higher Education
Format: Paperback
Publisher's Status: Active

Gary S. Fields is Professor of Labor Economics and Economics in the School of Industrial and Labor Relations at Cornell University.

Reviews for Distribution and Development: A New Look at the Developing World

Fields's combination of simple examples, basic theory, and empirical evidence provides a clear, comprehensive, and current account of how inequality, poverty, and growth interact in the course of development. After reading this book, no one will question that 'economic growth is essential to improving the economic well-being of a nation's people.' --Lyn Squire, Director, The Global Development Network, The World Bank