Selected Development Issues in Economics

Selected Development Issues in Economics

  • Author John Kigongo E. Mubazi
  • ISBN: 978-0-9838996-6-2

John Kigongo E. Mubazi holds a Bachelors degree in Economics, single honours, from Makerere University, a Masters degree in Economics from the University of Kent at Canterbury in England, and an M. Phil. in Advanced Economics and Quantitative Techniques from the United Nations University centre at the Bangladesh Institute of Development Studies in Dhaka, Bangladesh. His Doctorate in Social and Economic Studies was obtained from the University of Economics and Business Administration, Vienna, Austria. Currently he is a Senior Lecturer, Department of Economic Theory and Analysis, School of Economics, College of Business and Management Sciences, Makerere University, Kampala, Uganda.

Description

The publication concentrates on topical selected development and policy issues for purposes of enabling the user to appreciate the controversies surrounding and arising from them.

Table of Contents

Chapters

1.0 INTRODUCTION

  1.1 Development Economics and Economics of Development

  1.2 Economic and Social Development

  1.3 Poverty and Inequality

  1.4 Balanced and Unbalanced Growth

  1.5 Industry and Agriculture

2.0 BASIS OF TRADE

  2.1 Background

  2.2 The Concepts of Absolute and Comparative Cost Advantage

  2.3 Problems with the Concept of Comparative or Cost Advantage

  2.4 Factors that account for differences in Comparative Advantage

  2.5 Remarks

3.0 INTERNATIONAL TRADE AND COOPERATION

  3.1 Terms of Trade

  3.2 Protection and Trade Liberalisation

  3.3 Economic Integration

4.0 STABILISATION, ADJUSTMENT, AND GLOBALISATION

  4.1 Stabilisation and Structural Adjustment

  4.2 Washington Consensus and Its collapse

  4.3 Globalisation and the World Economy

5.0 INSTITUTIONS

  5.1 Institutions Matter

  5.2 Markets and Governments

  5.3 Governance

  5.4 Regulation

  5.5 Corruption

  5.6 Privatisation

6.0 LESSONS FROM SOME DEVELOPING COUNTRIES

  6.1 The East Asian Economic Miracle and Crisis

  6.2 The Latin American Experience

  6.3 The Chinese Experience

FIGURES

  3.1 Opportunity cost of industrialisation

  3.2 Benefits and costs of industrialisation