“Explore the core theories of Development Economics, from classical perspectives like Linear-Stages and Harrod-Domar models to modern insights in Endogenous Growth and Institutional Economics. Understand how theories like the Lewis Dual-Sector Model and Patterns of Development explain structural changes, transitioning economies from agriculture to industry and services. Delve into Dependency Theory’s critique of global inequalities and the Neoclassical Counter-Revolution’s emphasis on free markets and institutional reforms. Discover the role of innovation, human capital, and governance in fostering sustainable growth, and learn how Behavioral and Experimental Economics address real-world challenges with evidence-based solutions. Whether it’s understanding historical exploitation, the importance of savings and investment, or the transformative power of education and technology, this comprehensive overview highlights the dynamic approaches shaping development policies and strategies today. Perfect for researchers, students, and professionals seeking actionable insights into global economic progress and challenges.”
Economics of Development : Rostow’s Stages of Economics Growth
