Theory and Experience of Economic Development

Mark Gersovitz, Carlos F. Diaz-Alejandro, Gustav Ranis, Mark R. Rosenzweig

• 1. On Arthur Lewis’ Contributions to Economics 2. W. Arthus Lewis: An Appreciation Part I: The Dual Economy 3. Lewis and the Classicists 4. The Pattern of Shift of Labour Force from Agriculture, 1950-70 5. Food Price Inflation, Terms of Trade and Growth 6. Alternative Theories of Wage Determination and Unemployment: The Efficiency Wage Model 7. Agricultural Development, Education and Innovation 8. Uncertainty, Information and the Inflation Tax in Poor Countries Part II: The Open Economy 9. Unequal Exchange in a Lewis-type World 10: Protection and Growth in a Dual Economy 11. Lessons of Experience under Fixed Exchange Rates 12. Currency Baskets and Real Effective Exchange Rates 13. Negotiating International Economic Order Part III: Cost Benefit and Planning 14. General Equilibrium Theory, Project Evaluation and Economic Development 15. The Economics of Pollution Control 16. Planning and Dual Values of Linearized Non-linear Problems: A Gothic Tale Part IV: Economic History and History of Thought 17. Economic Growth and Stagnation in the United Kingdom before the First World War 18. The Cyclical Pattern of Long-term Lending 19. Inter-Country Diffusion of Economic Growth, 1870-1914 20. Latin America in Depression, 1929-39 21. Indian Industrialisation Before 1945 22. The Rise and Decline of Development Economics

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