Wealth and poverty : essays in development economics / edited by Gene Grossman v.1

volume 1 : Essays in development economics

Wealth and Poverty, Volume 1 of Essays in Development Economics, comprises twenty two essays, written over two decades, by Bhagwati on domestic development issues. The volume opens with a brilliant retro spective look at developmental economics, and ends with insightful sketches and commentaries on the pioneering develop mental economists of the early post-war period. Other essays consider questions of economic structure using economic theory imaginatively to explain irregularities in the price, production and trade patterns of developing countries. Included also are papers on income distribution, class structure and poverty. Written long before these concerns became fashionable in development econ omics, these essays underline the freshness that characterizes Bhagwati's approach to developmental thinking.

The author's current views on the development issues discussed in these essays form an integral part of the work in a series of introductions, notes and postscripts.