Aspects of Development and Underdevelopment

An analysis of the economic mechanisms that produce wealth in the midst of growing misery.

Joan Robinson (Author)

9780521295895, Cambridge University Press

Paperback, published 6 September 1979

160 pages
21.7 x 13.5 x 1 cm, 0.174 kg

Joan Robinson shows how the economic mechanisms that produce wealth in the midst of growing misery can be understood. For this purpose she uses the classical theory of accumulation and the modern theory of international trade and finance. Her simple but penetrating analysis illuminates the problems of poverty, accumulation, industrialization and trade, while exposing misleading conceptions of the Third World. Throughout the book, general principles are demonstrated with particular examples, making those principles both clearer and more relevant. The book's conclusion is that the economic problems of the Third World remain rooted in deep-seated political conflicts of national and international interests.

Series preface
Foreword
1. Misleading lights
2. Surplus and accumulation
3. Land and labour
4. Trade in primary commodities
5. Aid and loans
6. Dependent industrialisation
7. Armaments
8. What now?
Index.

Subject Areas: Microeconomics [KCC]