Economic development / Michael P. Todaro, Stephen C. Smith

Includes bibliographical references and indexes.

For courses on economic development Accessible theory, relevant policy issues, and the latest data and research, in the context of a thorough introduction to the developing world. Economic Development, - the leading textbook in this field - provides students with a complete and balanced introduction to the requisite theory, driving policy issues, and latest research. Todaro and Smith take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies, to see how theory relates to the problems and prospects of developing countries. New to this edition · Findings Boxes - new intuitive introductions to important recent research · Global Crisis - up-to-date challenges and opportunities for developing countries · Policy Analysis and case studies - review great progress in many developing countries, plus big challenges such as violent conflict and climate change; insights from comparative case studies such as Costa Rica, Guatemala and Honduras.