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Development Economics – From the Poverty to the Wealth of Nations - Oxford Scholarship Online
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Development Economics: From the Poverty to the Wealth of Nations

Yujiro Hayami


Provides a comprehensive, systematic treatise on development economics, combining classical political economy, modern institutional theory, and current development issues. It addresses one basic question: Why has a small set of countries achieved a high level of affluence while the majority remains poor and stagnant? The treatment is global, although the organizational principle is the East Asian development experience. Quantitative characteristics of Third World development in terms of population growth, natural resource depletion, capital accumulation, and technological change are outlined; ... More

Keywords: capital accumulation, comparative institutional analysis, East Asia, economic development, innovation, institutional theory, multiple development paths, political economy, population, resource depletion, Third World

Bibliographic Information

Print publication date: 2001 Print ISBN-13: 9780199243976
Published to Oxford Scholarship Online: November 2003 DOI:10.1093/0199243972.001.0001


Affiliations are at time of print publication.

Yujiro Hayami, author
National Graduate Institute for Policy Studies