Books like Development economics by Yūjirō Hayami

A practical, policy‑oriented textbook that uses models and country examples to explain economic development, updated with the latest research and data for students with limited economics background.

Amartya Sen’s 1999 book analyzes international development as a process of expanding human freedom.

Debraj Ray, one of the most accomplished theorists in development economics today, presents in this book a synthesis of recent and older literature in the field and raises important questions that will help to set the agenda for future research. He covers such vital subjects as theories of economic growth, economic inequality, poverty and undernutrition, population growth, trade policy, and the markets for land, labor, and credit. The book takes the position that there is no single cause for economic progress, but that a combination of factors - among them the improvement of physical and human capital, the reduction of inequality, and institutions that enable the background flow of information essential to market performance - consistently favor development. Ray supports his arguments throughout with examples from around the world. The book assumes a knowledge of only introductory economics and explains sophisticated concepts in simple, direct language, keeping the use of mathematics to a minimum.

Nobel laureate Angus Deaton explains how historic advances in health and economics have made the world richer and healthier while widening global inequality.

This book is a 'stock-taking' of development theory at the end of the twentieth century. It argues that the assumptions on which development theory has rested since the 1950s no longer hold. The ex-colonial 'third world' for which development theory was originally developed has fractured into increasingly diverse regions, while the end of the post-war regime of regulated international trade and capital movements has drastically curtailed the scope for state economic intervention. A much broader-based, more historical and more explicitly political theoretical effort is now called for.

This book collects the most recent and authoritative contributions to the field of development economics and provides a wealth of pedagogical materials that make it ideal for classroom use. As countries such as China and India are experiencing tremendous economic growth, other parts of the world such as Sub-Saharan Africa remain mired in poverty and unable to raise standards of living. This volume helps readers understand why poor countries are poor and why designing policies to reduce poverty is such a challenging task. The book is divided into eight parts and the main themes include economic growth, poverty and inequality, human capital, globalization and foreign aid. The reader focuses on the most recent and up-to-date contributions to the field of development economics. The articles chosen for the book: (1) are understandable to students with limited background in economics; (2) are all written by well-respected development economists or by authoritative scholars and reporters, including Amartya Sen, Jeffrey Sachs, Muhammad Yunus, Hernando de Soto, Dani Rodrik, William Easterly, Joseph Stiglitz, Abhijit Banerjee and Daron Acemoglu; (3) include the most recent contributions to the area of development economics, reflecting the latest research and the most promising ideas in the field; (4) acquaint students with the wide variety of points of view that generate the controversies and lively debate typical of development economics. Each part begins with an extensive introduction and a preview of each selection; review and discussion questions follow each reading, and at the end of each part there are suggestions for further reading. Contemporary and highly accessible, 'The Development Economics Reader' is an invaluable resource for all students of the discipline.