The Economics of Developing and Emerging Markets

Explains the rising importance of emerging markets to give a better understanding of current development challenges.

Charles van Marrewijk (Author), Steven Brakman (Author), Julia Swart (Author)

9781107043336, Cambridge University Press

Hardback, published 1 December 2022

562 pages
26 x 20.8 x 3 cm, 1.52 kg

'This excellent new textbook on development economics is up to date in its coverage of research - history, data, and theories. It explains difficult concepts simply and clearly. The visual presentation - figures, charts, and use of color - is outstanding. It is balanced and thoughtful in its assessment of the issues and policies. A treasure for students and teachers alike.' Avinash Dixit, Princeton University

This textbook presents an innovative new perspective on the economics of development, including insights from a broad range of disciplines. It starts with the current state of affairs, a discussion of data availability, reliability, and analysis, and an historic overview of the deep influence of fundamental factors on human prosperity. Next, it focuses on the role of human interaction in terms of trade, capital, and knowledge flows, as well as the associated implications for institutions, contracts, and finance. The book also highlights differences in the development paths of emerging countries in order to provide a better understanding of the concepts of development and the Millennium Development Goals. Insights from other disciplines are used help to understand human development with regard to other issues, such as inequalities, health, demography, education, and poverty. The book concludes by emphasizing the importance of connections, location, and human interaction in determining future prosperity.

Part I. Introduction and Deep Roots: 1. Economic Development Today
2. Data and Methods
3. Uneven Playing Field
4. Geo-Human Interaction
Part II. Human Interaction: 5. Globalization and Development
6. International Trade
7. Economic Growth
8. Institutions and Contracts
9. Money and Finance
Part III. Human Development: 10. Poverty, Inequality, and Gender
11. Poor Economics
12. Population and Migration
13. Education
14. Health
Part IV. Connections and Interactions: 15. Agriculture and Development
16. Urbanization and Agglomeration
17. Geographical Economics and Development
18. Heterogeneous and Multinational Firms
19. Sustainability and Development.

Subject Areas: Political economy [KCP], Development economics & emerging economies [KCM], Development studies [GTF], Data analysis: general [GPH]