G. Vaggi - Böcker

Addressing the problem of the foreign debt of less developed countries, this book examines its impact on their development possibilities. It also analyzes the lessons that both economic theory and policy should draw from the debt crisis. The contributions are divided into four parts dealing with: traditional facts and new horizons in the theory of economic development, the theory and practice of the debt problem, the policies of structural adjustment recommended by international organizations, and the relationship between economic growth, democracy and a new international order. Long-term sustainable development is the only way to avoid further economic crises in the Third World, but it can only be achieved by means of a comprehensive approach directly aiming at long-term growth and involving a re-thinking of trade relationships between low and high-income countries. The author's articles have appeared in "The Economic Journal, "History of Political Economy", "Australian Economic Papers", "Contributions to Political Economy", "History of European Ideas", "Economie Appliquee" and "Note Economiche".

This book presents a brief history of economic thought from the 17th century to the present day. Each chapter examines the key contributions of a major economist or group of economists and includes suggestions for further reading. Economists covered include Keynes, Marshall, Petty and Jevons, and less familiar theorists such as Galiani and Turgot.