The political economy of poverty, equity, and growth : a comparative study / Deepak Lal and H. Myint.

By: Lal, DeepakContributor(s): Hla Myint, UMaterial type: TextTextPublisher: Oxford : Clarendon Press, 1998Edition: 1st pbk. edDescription: xviii, 458 p. : ill. ; 24 cmISBN: 0198294328 (pbk.); 9780198294320 (pbk.)Subject(s): Developing countries -- Economic conditions | Developing countries -- Economic policy | Poverty -- Developing countriesLOC classification: HC59.7 | .L3177 1998
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HC59.7 .L3177 1998 (Browse shelf) Available 0000001437540

Includes bibliographical references (p. [410]-436).

Includes indexes.

Reviews provided by Syndetics


This excellent book is likely to become basic to the study of economic development. The result of a World Bank study of 21 developing countries covering the years 1950 to 1985, this is a synthesis volume, the last of ten books published from the study. Earlier volumes covered Malawi and Madagascar; Egypt and Turkey; Sri Lanka and Malaysia; Indonesia and Nigeria; Thailand and Ghana; Brazil and Mexico; Costa Rica and Uruguay; Colombia and Peru; and the five small economies of Hong Kong, Singapore, Malta, Jamaica, and Mauritius. These country groupings reflect the comparative approach used in the study which attempted to show how growth, poverty, and equity was affected by the political and economic processes that occurred in the different countries. Factor endowment, institutions and organization, and economic policies are all central to the analysis. The authors' approach and conclusions (e.g., that growth in income per capita led to the alleviation of mass poverty) may not be accepted by all readers. The sophistication of the analysis, along with the data supporting the work, makes this a valuable book. The extensive chapter notes are meant to be an essential part of the study as well as serve as a bibliography. Accessible to knowledgeable noneconomists, this book belongs in all academic and professional libraries. J. E. Weaver Drake University

Author notes provided by Syndetics

Deepak Lal is at University of California, Los Angeles. H. Myint is at London School of Economics.

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