Economic Development

In their book Economic Development, Todaro and Smith adopt a problem-solving, policy-oriented approach while exploring the sources of economic development and long term growth.

Michael P. Todaro, Stephen C. Smith, Economic Development, Addison Wesley; 9th Edition, 2005

In their book Economic Development, Todaro and Smith adopt a problem-solving, policy-oriented approach while exploring the sources of economic development and long term growth. In addition, they try to answer why less developed countries are poor, what is the role of foreign aid and fiscal policy in promoting development, and how current systems might be improved. The authors adopt a problem-solving, policy-oriented approach while addressing these issues.

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