This study resulted from five years of living and teaching as a professor of development economics at Addis Ababa University, Gondar University and Debre Birhan University in Ethiopia as well as travel Kenya. These experiences have helped shape and refine a book that is unique in approach, organization, and pedagogy in the context of a major set of problems, such as capitalist crisis, development problems, poverty, inequality, unemployment, environmental decay, and rural stagnation.It proceeds to evaluate the economic growth in historical context, and focusing on major economic and...

This book has designed to meet the requirements of the university students who studying the courses of economics, and management at graduate and post graduate levels, and preparation of the civil services etc. For groups, essential principles and concepts of the development that are particularly relevant for understanding development problems are highlighted throughout the book. This study was based on the survey reports under the project entitled: "Evaluation of Rural Technology" conducted by NISTADS from 1996-98. During this survey I visited 19 districts of Bihar include Patna, Mokama,...

The standard development and growth theory and practice in the post-Second World War era gravely misled about the key determinants of economic development. The postwar models focused mainly on the patterns of savings and investment by a representative household and firm. According to such models, the biggest development challenge was raising the rate of capital accumulation. The socialist economies-including the Soviet Union, China and, in case of even India, they took the emphasis on capital accumulation to the extreme, by employing various forms of compulsion, including extreme...