This work discusses the application of theoretical methods to economic development. The authors break their analysis into distinct sections--macroeconomics, industrial organization, planning and public policy, and intertemporal economics. In each section, they approach specific issues with a rigorous analysis, from the influence of Kalecki in macroeconomics to the design of a decentralized planning procedure to decide on resource allocation between public and private sectors. They also examine fundamental issues underlying well-known models of intertemporal behavior, both inter- and intragenerational. Discussing complex theories clearly related to problems of development, this work will interest students and scholars of development economics, and professionals involved in policy, economic research, and planning.
This work discusses the application of theoretical methods to economic development. The authors break their analysis into distinct sections--macroeconomics, industrial organization, planning and public policy, and intertemporal economics. In each section, they approach specific issues with a rigorous analysis, from the influence of Kalecki in macroeconomics to the design of a decentralized planning procedure to decide on resource allocation between public and private sectors. They also examine fundamental issues underlying well-known models of intertemporal behavior, both inter- and intragenerational. Discussing complex theories clearly related to problems of development, this work will interest students and scholars of development economics, and professionals involved in policy, economic research, and planning.