Features

• Comprehensive overview of the burgeoning field of economic growth that incorporates the most significant findings of contemporary research, as well as more traditional approaches.

• Featured recent research includes:

  • Development accounting (Hall and Jones, 1999; Klenow and Rodriguez-Clare, 1997).

  • Colonial origins of modern institutions (Acemoglu, Johnson and Robinson, 2001).

  • Helping hand vs. grabbing hand analysis of government regulation (Djankov et al., 2002).

  • Geography as an instrument for understanding trade's effect on growth (Frankel and Romer, 1999).

  • Experimental evidence on the propensity to cooperate (Henrich et al., 2001).

  • The roles of climate and geography as determinants of economic development (Sachs et al., various papers).

• Strong focus on data, with a coherent theoretical framework.

• The textbook is accessible in its design and layout and include a wealth of two-color figures and tables, plus maps and photographs, glossary of key terms, and index.

• An array of sidebar boxes on topics of special interest.

• End-of-chapter questions and problems designed to encourage critical thinking and to help students apply the theory.

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