Development Economics and over 2 million other books are available for Amazon Kindle . Learn more
  • RRP: £45.00
  • You Save: £15.75 (35%)
FREE Delivery in the UK.
Only 11 left in stock (more on the way).
Dispatched from and sold by Amazon.
Gift-wrap available.
Quantity:1
Development Economics has been added to your Basket
Condition: Used: Good
Comment: Used Good condition book may have signs of cover wear and/or marks on corners and page edges. Inside pages may have highlighting, writing and underlining. All purchases eligible for Amazon customer service and a 30-day return policy.
Trade in your item
Get a £6.75
Gift Card.
Have one to sell?
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

Development Economics Hardcover – 1 Feb 1998


See all 4 formats and editions Hide other formats and editions
Amazon Price New from Used from
Kindle Edition
"Please retry"
Hardcover
"Please retry"
£29.25
£28.10 £18.98
Paperback
"Please retry"
£45.92
£29.25 FREE Delivery in the UK. Only 11 left in stock (more on the way). Dispatched from and sold by Amazon. Gift-wrap available.

Frequently Bought Together

Development Economics + Poor Economics: Barefoot Hedge-fund Managers, DIY Doctors and the Surprising Truth about Life on less than $1 a Day
Price For Both: £36.24

Buy the selected items together


Trade In this Item for up to £6.75
Trade in Development Economics for an Amazon Gift Card of up to £6.75, which you can then spend on millions of items across the site. Trade-in values may vary (terms apply). Learn more

Product details

  • Hardcover: 872 pages
  • Publisher: Princeton University Press (1 Feb. 1998)
  • Language: English
  • ISBN-10: 0691017069
  • ISBN-13: 978-0691017068
  • Product Dimensions: 3.8 x 19 x 26 cm
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Bestsellers Rank: 34,670 in Books (See Top 100 in Books)
  • See Complete Table of Contents

More About the Author

Discover books, learn about writers, and more.

Product Description

From the Back Cover

"An elegant, insightful, and extremely effective textbook on development economics. It combines astute theoretical reasoning with a firm grip on empirical circumstances, including institutional possibilities and limitations. There is real originality here without sacrificing usefulness and accessibility."--Amartya Sen, Winner of the 1998 Nobel Prize for Economics, Harvard University

Customer Reviews

4.7 out of 5 stars
5 star
2
4 star
1
3 star
0
2 star
0
1 star
0
See all 3 customer reviews
Share your thoughts with other customers

Most Helpful Customer Reviews

15 of 17 people found the following review helpful By A Customer on 3 Nov. 1998
Format: Hardcover
This is what we've been waiting for: a textbook on Development Economics that is aimed squarely at economists. Most other textbooks on the subject are aimed at students with a general interest in development. While this makes them more accessible, they suffer from not seeing how useful a tool mainstream economic theory is when it comes to examining development issues. Importantly, Ray uses the analytical tools of economics without being too mathematical. This is the textbook I'm going to have my students buy.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
1 of 1 people found the following review helpful By Amazon Customer on 9 April 2009
Format: Hardcover
I used this book as the main source of information for one of my last year uni modules. Although a bit large-ish, it offers an organised and easily understandable way for the topics discussed.

If you believe that you would often need to refer to this book,then it would definitely be worth buying regardless of the price.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
By Ann on 14 Dec. 2014
Format: Kindle Edition Verified Purchase
Textbook for Uni
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Most Helpful Customer Reviews on Amazon.com (beta)

Amazon.com: 15 reviews
22 of 23 people found the following review helpful
solid textbook in scientific mode 3 May 2003
By los desaparecidos - Published on Amazon.com
Format: Hardcover
This textbook was written for senior undergraduates or master's students with a minimum introduction to economics, which assumes that the student has assimilated the general features of the approach defining economics as a social science. Consequently, any student or reader who is well grounded in the social science paradigm will readily assimilate this excellent introduction to development economics, which is distinguished by the solid, I would even say, jam-packed expertise of Debraj Ray.
The author gives an excellent overview in the four-page preface, where he acknowledges the limitations of his work and prepares the reader well by conveying a transparent framework for absorbing the rather dense exposition that follows.
There is in the second chapter a concise discussion of the meaning of economic development, which defines it as a multifaceted concept for which per capita income is a robust but significantly incomplete operational measure.
Throughout the book, the basic pattern of discussion is consistent. The author discusses theory and data in dynamic--the order of the two is interchangeable--identifying and discriminating what is substantiated, imperfect, or defective in theory, as well as what is informative, unexplained, or wanting in data, and then whenever possible drawing implications or conclusions for economic policy. The ultimate goal of author's analysis is to limn the "structural characteristics" of economic development, building upon the fundamental assumption that the key determinants of economic performance are a cohort of salient variables that affect the efficient functioning of markets.
Some of the variables that are intensively discussed include inequality, poverty, population growth, rural-urban sector interaction, the functioning of land, labor, capital, credit, and insurance markets, and trade policy. Not all factors that affect economic development are adequately quantified, such as social norms or the status quo. Interestingly, the author accounts rather well for the "East Asian miracle" in terms of some of these variables.
The two appendices at the end cover game theory and elementary statistical methods, both essential for the scientific understanding of economic development.
Designed for an introductory course, the textbook is of course weakly regardful of new ideas or studies, so that it will not bring the reader to any eager appreciation of exciting issues in the discipline--or maybe economics inherently IS a dismal science?
From the standpoint of social science, the textbook is surpassingly descriptive and analytical but to only a limited extent prescriptive. I highly recommend it to anyone who wishes to substantively understand economic development in an analytical and scientific mode.
15 of 15 people found the following review helpful
Best of the best. 13 Jan. 2001
By Gerardo Villoslado - Published on Amazon.com
Format: Hardcover
Ray wrote this book with the objective of being one of the classical text books for Development Economics. And he did it. This book is used in LSE, Ivy League, and Oxford. It requires a strong microeconomic background, as well as econometric skills. There aren't a lot of formulas but theory. Easy reading and broad contents.
13 of 13 people found the following review helpful
The best UNDERGRADUATE textbook on Development Economics 10 Jan. 2005
By K. O. Rahman - Published on Amazon.com
Format: Hardcover
This is what I had to wait a long time for back in my days as an academic -- an UNDERGRADUATE textbook on Development Economics that is aimed squarely at economists. Most other textbooks on the subject are aimed at students with a general interest in development. While this makes them more accessible, they suffer from not seeing how useful a tool mainstream economic theory is when it comes to examining development issues. Importantly, Ray uses the analytical tools of economics without being too mathematical. This is the textbook I had my undergraduate students buy.

For graduate students it's an excellent 'background' text, but not sufficiently advanced enough to serve as a core text to supplement journal articles.
10 of 14 people found the following review helpful
An excellent text book 25 Jan. 1999
By Sunil@intech.unu.edu or SUNIL MANI - Published on Amazon.com
Format: Hardcover
For quite some time, I have been looking for a good text book in Development Economics. My serach more or less ends with Ray's excellently produced, "Development Economics". The best parts of the book are Chapters 2, 3, 4 and the two appendices. However there are some notable omissions in the book. It does not have chapters on "Industrialisation" and on "Financial Flows". But I am sure this can be "rectified" in the next edition. The book is eminently accessible to a graduate student in Economics in a typical developing country.
3 of 4 people found the following review helpful
The basics of Development economics. 18 Sept. 2006
By Haggenmueller Oliver - Published on Amazon.com
Format: Hardcover
With Debraj Ray's book, the study of Development Economics finally becomes more accessible to all those interested. It is written for the undergraduate level and is accessible to non-economists as well. The book is a formalisation of the theories on growth and development that have been published until now and gives a very good overview of the subject.

Two things, however are to criticise. First of all, it is a magnum opus that would be a lot more comfortable to read as a paperback. Second, the information presented in this book is huge, yet doesn't go into sufficient and into equal detail for all factors of growth that are presented in this book. In other words, the presentation of the different factors is at a rather general level, however some factors seem to stand out more than others, which is somewhat a little annoying, since growth depends on many factors, some of which are too narrowly described.

The style however is straight-forward and is not limited to economists alone. At the same time, a good understanding of both macro- and microeconomics (in particular) will be useful. The book should also ideally be read together with some further readings so that the reader fully understands the contents and the points that the author is stressing. Yet, it is a fabulous book that can serve as an ideal starting-step for further study in the area. Four points are therefore awarded for this book.
Were these reviews helpful? Let us know


Feedback