Foundations of Economic Development: Theory and Concepts is a comprehensive exploration of how nations transform from poverty to prosperity. The book traces the intellectual evolution of development thought-from classical theories of Adam Smith and Keynesian growth models to modern paradigms emphasizing sustainability, equity, and human freedom. It blends economic theory with real-world application, explaining how institutions, governance, education, and technology shape long-term development outcomes.
Foundations of Economic Development: Theory and Concepts is a comprehensive exploration of how nations transform from poverty to prosperity. The book traces the intellectual evolution of development thought-from classical theories of Adam Smith and Keynesian growth models to modern paradigms emphasizing sustainability, equity, and human freedom. It blends economic theory with real-world application, explaining how institutions, governance, education, and technology shape long-term development outcomes.