Cypher - The Process of Economic Development 3e (Routledge, 2009).pdf

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The Process of Economic Development
The third edition of
The Process of Economic Development
offers a thorough and up-to-date
presentation of development economics. This landmark text will continue to be an invaluable
resource for students, teachers and researchers in the fields of development economics and
development studies.
Each subject area in this vast, inter-disciplinary field has been thoroughly re-analyzed in
light of current published material in specialized journals, books, and United Nations, World
Bank and International Monetary Fund publications. Much has happened in the developing
world since the appearance of the second edition in 2002. The period has seen remarkable
growth rates in countries such as China and India, the accession of a number of post-communist
economies to the European Union, the financial crisis in Argentina and continuing desperate
poverty in many African countries. This third edition reflects these developments and includes
new material on the following:
•
•
•
n
ational systems of innovation, including information technology in India
t
he ongoing impact of globalization
t
he continuing programs of foreign aid across all developing countries.
Cypher and Dietz’s text is the development economics text
par excellence,
as it takes a
much more practical, hands-on approach to the issues facing developing countries than its
overly mathematical rivals. It will appeal to all those studying this important subject area.
James M. Cypher
is Research Professor, Doctoral Program in Development Studies,
Universidad Autónoma de Zacatecas, Mexico.
James L. Dietz
is Professor in the Department of Economics at California State University,
Fullerton, USA.
The Process of Economic
Development
3rd Edition
James M. Cypher and James L. Dietz
First edition published 1997
Second edition published 2004
Third edition published 2009 by Routledge
2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN
Simultaneously published in the USA and Canada
by Routledge
270 Madison Ave, New York, NY 10016
Routledge is an imprint of the Taylor & Francis Group, an informa business
This edition published in the Taylor & Francis e-Library, 2008.
“To purchase your own copy of this or any of Taylor & Francis or Routledge’s
collection of thousands of eBooks please go to www.eBookstore.tandf.co.uk.”
© 1997, 2004, 2009 James M. Cypher and James L. Dietz
All rights reserved. No part of this book may be reprinted or reproduced
or utilised in any form or by any electronic, mechanical, or other means,
now known or hereafter invented, including photocopying and recording,
or in any information storage or retrieval system, without permission in
writing from the publishers.
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
Library of Congress Cataloging in Publication Data
Cypher, James M.
The process of economic development / James M. Cypher and
James L. Dietz. – 3rd ed.
p. cm.
Includes bibliographical references and index.
1. Economic development. I. Dietz, James L., 1947– II. Title.
HD82.C96 2008
338.9–dc22
2007051285
ISBN 0-203-89506-1 Master e-book ISBN
ISBN13: 978-0-415-77103-0 (hbk)
ISBN13: 978-0-415-77104-7 (pbk)
ISBN13: 978-0-203-89506-1 (ebk)
ISBN10: 0-415-77103-X (hbk)
ISBN10: 0-415-77104-8 (pbk)
ISBN10: 0-203-89506-1 (ebk)

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