Meier, Gerald M.Stiglitz, Joseph E.Meier, Gerald M.Stiglitz, Joseph E.2013-06-112013-06-112000-120-19-521592-3https://hdl.handle.net/10986/13842This book helps us to understand development economics in light of the past half-century's experience of development thought and practice. This volume is an outgrowth of an intergenerational symposium on "the Future of Development Economics," held in Dubrovnik in May 1999. It collects the papers presented at Dubrovnik by the representatives of the first and second generations of development economists. They look toward the unsettled issues that will confront the next generation. About 15 discussants comment on the main papers. At the end, two appendixes offer reflections on the future by several Nobel laureates and first-generation pioneers.CC BY 3.0 IGOAPPROPRIATE TECHNOLOGYBUSINESS CYCLESCAPITAL ACCUMULATIONCASE STUDIESCIVIL SOCIETYCLASSICAL ECONOMISTSCOMPREHENSIVE DEVELOPMENTCOUNTRIESCOUNTRY CASEDECENTRALIZATIONDEVELOPINGDEVELOPING COUNTRIESDEVELOPING COUNTRYDEVELOPMENT ECONOMICSDEVELOPMENT GOALSDEVELOPMENT POLICYDEVELOPMENT PROCESSDEVELOPMENT PROCESSESDEVELOPMENT REPORTDEVELOPMENT REPORTSDEVELOPMENT STRATEGIESDEVELOPMENT STRATEGYDEVELOPMENT THEORYDEVELOPMENTAL OBJECTIVESDIMINISHING RETURNSECONOMIC CHANGEECONOMIC DEVELOPMENTECONOMIC GOODSECONOMIC HISTORIANSECONOMIC HISTORYECONOMIC MODELSECONOMIC POLICIESECONOMIC POLICYECONOMIC PROGRESSECONOMIC REVIEWECONOMIC THEORYECONOMIC VALUEECONOMICS LITERATUREECONOMISTSELASTICITIESEMPIRICAL EVIDENCEENTITLEMENTSENVIRONMENTAL DEGRADATIONENVIRONMENTAL PROBLEMSEQUILIBRIUMFOREIGN EXCHANGEGDPGLOBAL ECONOMYGROSS DOMESTIC PRODUCTGROWTH RATEGROWTH THEORIESGROWTH THEORYHISTORICAL PERSPECTIVESHUMAN CAPITALHUMAN DEVELOPMENTINCENTIVE STRUCTURESINCOMEINCOME DISTRIBUTIONINCOME GROWTHINCOME LEVELSINCREASING RETURNSINDUSTRIALIZATIONINFLATIONINFORMATION FAILURESINSTITUTIONAL ARRANGEMENTSINSTITUTIONAL CHANGEINSTITUTIONAL FRAMEWORKINTERNATIONAL TRADEKNOWLEDGE ECONOMYLIVING STANDARDSLOCAL LEVELSMACROECONOMIC GROWTHMACROECONOMIC MANAGEMENTMACROECONOMIC STABILITYMARKET FAILURESMARKET LIBERALIZATIONMONETARY ECONOMICSNATIONAL INCOMENATURAL RESOURCESNEOCLASSICAL GROWTH MODELNEW GROWTH THEORIESORGANIZATIONAL STRUCTURESPARTICIPATORY FORMSPER CAPITA INCOMEPOLICY CHANGEPOLICY CHANGESPOLICY IMPLICATIONSPOLICY INTERVENTIONSPOLITICAL ECONOMYPOLITICAL PROCESSESPOOR COUNTRIESPOVERTY REDUCTIONPRODUCTION FUNCTIONPRODUCTION FUNCTIONSPROMOTING GROWTHPROPERTY RIGHTSPUBLIC GOODPUBLIC GOODSPUBLIC POLICYREAL INCOMEREAL WAGESRELATIVE PRICESRESEARCH AGENDARESEARCH INSTITUTESSAFETY NETSSAVINGSSOCIAL CAPITALSOCIAL GROUPSSOCIAL POLICIESSURPLUS LABORTECHNOLOGY TRANSFERTERMS OF TRADETOTAL FACTOR PRODUCTIVITYTRADE POLICYUNDERDEVELOPED COUNTRIESWAGESWELFARE ECONOMICSWorld Bank10.1596/0-1952-1592-3