introductory chapter focuses on the concept of development. The low standard
of living of the mass of the population in developing countries is singled
out as a key issue in development. The development of per capita income over
time and the factors that influence economic development or stagnation are
important topics in the book. However, the interplay between economic and
non-economic factors is also of great importance for our understanding of
the dynamics of socio-economic development. Economic growth cannot be
explained by economic factors only, and the concept of development includes
more than mere changes in economic indicators.
tables in this chapter highlight the differences between developing
countries, providing data on per capita incomes, growth rates, income
inequality and poverty.
List of Tables