This book provides a comprehensive, systematic treatise on development economics, combining classical political economy, modern institutional theory, and current development issues. It addresses one basic question: Why has a small set of countries achieved a high level of affluence while the majority remains poor and stagnant? This fully revised and updated third edition also incorporates analyses of several recent changes and newly emerged problems relevant to the global economy.

This textbook provides a comprehensive, systematic treatise on development economics, combining classical political economy, modern institutional theory, and current development issues. Grown out of twenty years' experience of teaching in the United States and Japan, its treatment is global, although the organizing principle is the East Asian development experience. Taking a comparative institutional analysis approach, it also outlines quantitative characteristics of Third World development in terms of population growth, natural resource depletion, capital accumulation, and technological change.Development Economics addresses one major question: Why has a small set of countries achieved a high level of affluence while the majority remain poor and stagnant? One obvious factor is a the ability to adopt and develop advanced technology, due in large measure to the difficulty experienced by low-income economies in preparing appropriate institutions for borrowing advanced technology given their social and cultural constraints. This volume explores the nature of these constraints, with the aim of identifying the means to remove them, and examines countries where the constraints have been successfully lifted---most notably Japan and East Asian NIEs.This fully revised and updated third edition also incorporates analyses of several recent changes and newly emerged problems relevant to the global economy: recurrent economic crises in Latin America contrasted with the recovery of East Asia from the 1997-8 financial crisis; a paradigm change in international development assistance from 'the Washington Consensus' to the 'the Post-Washington Consensus', with a major shift in its focus from economic growth to poverty reduction as manifested in the United Nations' Millennium Development Goals; and the stalemate in international collaboration on the environment as represented by delays in the ratification of the Kyoto Protocol. In exploring these issues, Development Economics provides important lessons on what institutions can promote economic growth, reduce poverty, and conserve the environment through the borrowing of technology.

This book offers a multidisciplinary analysis of approach in the field of energy studies of Japan, examining post-closure coal mining towns in Japan and their gentrification. It considers the impact of closures on the agricultural industry, the re-absorption of laid off coal miners into service and industrial sectors, and the gentrification of former coal mines into agricultural farms and communities. It also considers the historical process of gentrification in terms of origins, social history, continuity/discontinuity and cooperation/resistance. The historical background of coal mine closures analyses nostalgic recollection about mine closures and Sakubei's UNESCO drawings of life in the coal mines and other cultural materials related to coal energy and the mining industry in general in Japan.

This book offers a multidisciplinary analysis of approach in the field of energy studies of Japan, examining post-closure coal mining towns in Japan and their gentrification. It considers the impact of closures on the agricultural industry, the re-absorption of laid off coal miners into service and industrial sectors, and the gentrification of former coal mines into agricultural farms and communities. It also considers the historical process of gentrification in terms of origins, social history, continuity/discontinuity and cooperation/resistance. The historical background of coal mine closures analyses nostalgic recollection about mine closures and Sakubei''s UNESCO drawings of life in the coal mines and other cultural materials related to coal energy and the mining industry in general in Japan. 

This book provides a comprehensive, systematic treatise on development economics, combining classical political economy, modern institutional theory, and current development issues. It addresses one basic question: Why has a small set of countries achieved a high level of affluence while the majority remains poor and stagnant? This fully revised and updated third edition also incorporates analyses of several recent changes and newly emerged problems relevant to the global economy.

This textbook provides a comprehensive, systematic treatise on development economics, combining classical political economy, modern institutional theory, and current development issues. Grown out of twenty years' experience of teaching in the United States and Japan, its treatment is global, although the organizing principle is the East Asian development experience. Taking a comparative institutional analysis approach, it also outlines quantitative characteristics of Third World development in terms of population growth, natural resource depletion, capital accumulation, and technological change.Development Economics addresses one major question: Why has a small set of countries achieved a high level of affluence while the majority remain poor and stagnant? One obvious factor is a the ability to adopt and develop advanced technology, due in large measure to the difficulty experienced by low-income economies in preparing appropriate institutions for borrowing advanced technology given their social and cultural constraints. This volume explores the nature of these constraints, with the aim of identifying the means to remove them, and examines countries where the constraints have been successfully lifted---most notably Japan and East Asian NIEs.This fully revised and updated third edition also incorporates analyses of several recent changes and newly emerged problems relevant to the global economy: recurrent economic crises in Latin America contrasted with the recovery of East Asia from the 1997-8 financial crisis; a paradigm change in international development assistance from 'the Washington Consensus' to the 'the Post-Washington Consensus', with a major shift in its focus from economic growth to poverty reduction as manifested in the United Nations' Millennium Development Goals; and the stalemate in international collaboration on the environment as represented by delays in the ratification of the Kyoto Protocol. In exploring these issues, Development Economics provides important lessons on what institutions can promote economic growth, reduce poverty, and conserve the environment through the borrowing of technology.

This book offers a multidisciplinary analysis of approach in the field of energy studies of Japan, examining post-closure coal mining towns in Japan and their gentrification. It considers the impact of closures on the agricultural industry, the re-absorption of laid off coal miners into service and industrial sectors, and the gentrification of former coal mines into agricultural farms and communities. It also considers the historical process of gentrification in terms of origins, social history, continuity/discontinuity and cooperation/resistance. The historical background of coal mine closures analyses nostalgic recollection about mine closures and Sakubei's UNESCO drawings of life in the coal mines and other cultural materials related to coal energy and the mining industry in general in Japan.

This book offers a multidisciplinary analysis of approach in the field of energy studies of Japan, examining post-closure coal mining towns in Japan and their gentrification. It considers the impact of closures on the agricultural industry, the re-absorption of laid off coal miners into service and industrial sectors, and the gentrification of former coal mines into agricultural farms and communities. It also considers the historical process of gentrification in terms of origins, social history, continuity/discontinuity and cooperation/resistance. The historical background of coal mine closures analyses nostalgic recollection about mine closures and Sakubei''s UNESCO drawings of life in the coal mines and other cultural materials related to coal energy and the mining industry in general in Japan.