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Handbook of development economics. / Volume 5 PDF

1066 Pages·2010·8.37 MB·English
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HANDBOOK OF DEVELOPMENT ECONOMICS 5 VOLUME Edited by DANI RODRIK John F. Kennedy School of Government, Harvard University, Cambridge, MA 02138, USA MARK R. ROSENZ WEIG Department of Economics, Yale University, New Haven, CT 06520-8269, USA AMSTERDAM (cid:129) BOSTON (cid:129) HEIDELBERG (cid:129) LONDON NEW YORK (cid:129) OXFORD (cid:129) PARIS (cid:129) SAN DIEGO SAN FRANCISCO (cid:129) SINGAPORE (cid:129) SYDNEY (cid:129) TOKYO North-Holland is an imprint of Elsevier HANDBOOKS IN ECONOMICS Series Editors KENNETH J. ARROW MICHAEL D. INTRILIGATOR AMSTERDAM (cid:129) BOSTON (cid:129) HEIDELBERG (cid:129) LONDON NEW YORK (cid:129) OXFORD (cid:129) PARIS (cid:129) SAN DIEGO SAN FRANCISCO (cid:129) SINGAPORE (cid:129) SYDNEY (cid:129) TOKYO North-Holland is an imprint of Elsevier HANDBOOK OF DEVELOPMENT ECONOMICS 5 VOLUME North-HollandisanimprintofElsevier TheBoulevard,LangfordLane,Kidlington,OxfordOX51GB,UK Radarweg29,POBox211,1000AEAmsterdam,TheNetherlands #2010ElsevierBV.Allrightsreserved. Nopartofthispublicationmaybereproducedortransmittedinanyformorbyanymeans,electronicormechanical, includingphotocopying,recording,oranyinformationstorageandretrievalsystem,withoutpermissioninwriting fromthepublisher.Detailsonhowtoseekpermission,furtherinformationaboutthePublisher’spermissions policiesandourarrangementswithorganizationssuchastheCopyrightClearanceCenterandtheCopyright LicensingAgency,canbefoundatourwebsite:www.elsevier.com/permissions. ThisbookandtheindividualcontributionscontainedinitareprotectedundercopyrightbythePublisher(otherthanas maybenotedherein). Notices Knowledgeandbestpracticeinthisfieldareconstantlychanging.Asnewresearchandexperiencebroadenour understanding,changesinresearchmethods,professionalpractices,ormedicaltreatmentmaybecomenecessary. Practitionersandresearchersmustalwaysrelyontheirownexperienceandknowledgeinevaluatingandusingany information,methods,compounds,orexperimentsdescribedherein.Inusingsuchinformationormethodsthey shouldbemindfuloftheirownsafetyandthesafetyofothers,includingpartiesforwhomtheyhaveaprofessional responsibility. Tothefullestextentofthelaw,neitherthePublishernortheauthors,contributors,oreditors,assumeanyliability foranyinjuryand/ordamagetopersonsorpropertyasamatterofproductsliability,negligenceorotherwise,or fromanyuseoroperationofanymethods,products,instructions,orideascontainedinthematerialherein. BritishLibraryCataloguinginPublicationData AcataloguerecordforthisbookisavailablefromtheBritishLibrary LibraryofCongressCataloging-in-PublicationData AcatalogrecordforthisbookisavailablefromtheLibraryofCongress ISBN:978-0-444-52944-2 ForinformationonallNorth-Hollandpublications visitourwebsiteatbooks.elsevier.com PrintedandboundintheUnitedStatesofAmerica 10 11 12 13 10 9 8 7 6 5 4 3 2 1 INTRODUCTION TO THE SERIES The aim of the Handbooks in Economics series is to produce Handbooks for various branches of economics, each of which is a definitive source, reference, and teaching supplement for use by professional researchers and advanced graduate students. Each Handbook provides self-contained surveys of the current state of a branch of econom- ics in the form of chapters prepared by leading specialists on various aspects of this branch of economics. These surveys summarize not only received results but also newer developments, from recent journal articles and discussion papers. Some original material is also included, but the main goal is to provide comprehensive and accessible surveys.TheHandbooksareintendedtoprovidenotonlyusefulreferencevolumesfor professional collections but also possible supplementary readings for advanced courses for graduate students in economics. Kenneth J. Arrow Michael D. Intriligator v This page intentionally left blank CONTENTS OF THE HANDBOOK VOLUME 1 PART 1 ECONOMIC DEVELOPMENT—CONCEPTS AND APPROACHES Introduction T.N.Srinivasan CHAPTER 1 The Concept of Development AmartyaSen CHAPTER 2 The Roots of Development Theory W.ArthurLewis CHAPTER 3 Alternative Approaches to Development Economics PranabBardhan CHAPTER 4 Analytics of Development: Dualism GustavRanis CHAPTER 5 Economic Organization, Information, and Development JosephE.Stiglitz CHAPTER 6 Long-run Income Distribution and Growth LanceTaylor andPersioArida PART 2 STRUCTURAL TRANSFORMATION Introduction HollisChenery CHAPTER 7 Patterns of Structural Change MosheSyrquin vii viii ContentsoftheHandbook CHAPTER 8 The Agricultural Transformation C. PeterTimmer CHAPTER 9 Industrialization and Trade HowardPack CHAPTER 10 Saving and Development MarkGersovitz CHAPTER 11 Migration and Urbanization Jeffrey G.Williamson PART 3 HUMAN RESOURCES AND LABOR MARKETS Introduction T.N.Srinivasan CHAPTER 12 Economic Approaches to Population Growth NancyBirdsall CHAPTER 13 Education Investments and Returns T.PaulSchultz CHAPTER 14 Health and Nutrition JereR.BehrmanandAnilB. Deolalikar CHAPTER 15 Labor Markets in Low-Income Countries MarkR.Rosenzweig CHAPTER 16 Credit Markets and Interlinked Transactions Clive Bell Volume 2 PART 4 PLANNING AND RESOURCE ALLOCATION Introduction Hollis Chenery ContentsoftheHandbook ix CHAPTER 17 Short-Run Macroeconomics PersioAridaandLance Taylor CHAPTER 18 Multisectoral Models ShermanRobinson CHAPTER 19 Income Distribution and Development IrmaAdelmanandShermanRobinson CHAPTER 20 Taxation for Developing Countries Nicholas SternandEhtishamAhmad CHAPTER 21 Project Evaluation in Theory and Practice LynSquire PART 5 INTERNATIONAL ASPECTS Introduction T.N.Srinivasan CHAPTER 22 International Cooperation PaulStreeten CHAPTER 23 Trade and Development ChristopherBliss CHAPTER 24 Alternative Perspectives on Trade and Development DavidEvans CHAPTER 25 Foreign Public Capital Flows JonathanEaton CHAPTER 26 Foreign Private Capital Flows ElianaA.CardosoandRudiger Dornbusch CHAPTER 27 Transitional Corporations and Direct Foreign Investment GeraldHelleiner

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