Introduction to the Political Economy of Development is a book written by Ravi Kanbur, a prominent economist known for his research in the field of development economics and political economy. The book, first published in 2018, provides a comprehensive and detailed introduction to the political economy of development and its implications for economic policy and analysis.
The book begins by introducing the basic concepts of development economics, such as economic growth, poverty, and inequality. It then goes on to cover a range of topics in the political economy of development, including the historical evolution of development thinking, the role of institutions in shaping development outcomes, and the current challenges facing development in the contemporary world.
One of the key contributions of the book is Kanbur's examination of the political economy of development and the ways in which it can be used to inform policy decisions. He provides a detailed analysis of the institutional and policy framework of development and its impact on economic growth, development, and poverty reduction.
The book also examines the implications of development for economic policy and analysis, particularly for the design of institutions and regulations. Kanbur provides a balanced and objective analysis of the benefits and costs of different policy options, and he encourages the reader to consider the trade-offs involved in policy decisions.
Introduction to the Political Economy of Development is considered a comprehensive and accessible introduction to the political economy of development and its implications for economic policy and analysis. It is widely used as a textbook in university courses and it is considered a valuable resource for students, scholars, and anyone interested in understanding the political economy of development.
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