000			02677nam a2200181Ia 4500
999			_c159462 _d159462
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008			200208s9999 xx 000 0 und d
082			_a339.5 UND
100			_aSingh, S. P. (ed.)
245		0	_aUnderdevelopment to devloping economies / edited by S. P. Singh
260			_aBombay
260			_bOxford university Press
260			_c1978
300			_a551 p.
520			_aIn the introduction to The Economics of Underdevelopment which appeared nineteen years ago, we indicated that it would be followed by two further volumes of selected readings covering the remaining aspects of the subject. The second volume in the series, Accelerating Investment in Developing Economies," was published eight years ago. The present volume is the third in the series. The first volume. comprised articles which deal with the economics of underdevelop ment in an overall manner. The focus is on underdevelopment as a total problem, not the parts of the problem. They represent the formative years of the subject when separate articles on specific aspects were rarely written. In subsequent years specialized treat ment of the problems of investment was in vogue. This is reflected in the selections for the second volume. The remaining problem areas are covered in the present volume: dualism, agriculture, industriali zation, wages, employment, trade and foreign exchange. Nearly twenty-five years ago we were attracted by the early signs of the emergence of a new branch of study: economics of under development. It was seen as a subject deep and broad enough to be treated as a separate branch of economics. Moreover, it had both continuity and rigour entitling it to be a legitimate part of the future history of economic analysis. But most of the contributions were scattered in journals. It was not possible for a serious beginner to go quickly to those pieces which contained ideas that were likely to influence thought and reality for many more years to come. We, therefore, planned for these three volumes of selected readings. Today the situation is somewhat different. The initial flood of ideas is no longer there. As it happens with other innovations, we seem to be settling down to 'normalcy'. Moreover, the important new ideas are now in most cases not coming forth only in the journals, but explored in a large number of monographs. There has also been a dissection of underdevelopment into its various 'components': poverty, regional planning, appropriate technology, inequality, neo-colonialism, etc. Such developments mark the end of a phase and the beginning of another.
650			_aEconomic development.
942			_cDB _2ddc