Gerard Roland's new text, Development Economics, is the first undergraduate text to recognize the role of institutions in understanding development and growth. Through a series of chapters devoted to specific sets of institutions, Roland examines the effects of institutions on growth, property rights, market development, and the delivery of public goods and services and focuses. With the most comprehensive and up to date treatment of institutions on development, Roland explores the important questions of why some countries develop faster than others and why some fail while others are successful.
1. The Development Gap 2. Poverty and Inequality 3. Population Growth 4. Economic Growth 5. Structural Change and Development Strategies 6. International Trade and Exchange Rates 7. Institutions and Economic Development 8. Markets and Hierarchies 9. Political Institutions 10. Legal and Fiscal Institutions 11. Culture 12. Rural Land Rights and Contracts 13. Property Rights and Efficiency in Urban Areas 14. Market Development 15. Credit Markets in Development 16. Delivering Healthcare in Developing Countries 17. Delivering Education in Developing Countries 18. Delivering Infrastructure in Developing Countries 19. Corruption 20. Conflict