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Development TWELFTH EDITION Michael P. Todaro …

Economic Development TWELFTH EDITION Michael P. Todaro New York University Stephen C. Smith The George Washington University PEARSON Harlow, England London New York Boston San Francisco Toronto Sydney Auckland Singapore HongKong Tokyo Seoul Taipei New Delhi CapeTown S o Paulo Mexico City Madrid Amsterdam Munich Paris Milan Brief Contents Part One Principles and Concepts 1 1 Introducing Economic Development : A Global Perspective 2 2 Comparative Economic Development 40 3 Classic Theories of Economic Growth and Development 118 4 Contemporary Models of Development and Underdevelopment 164 Part Two Problems and Policies.

The Microeconomic Household Theory of Fertility 303 ... Theory and Policy 330 7.1 Urbanization: Trends and Living Conditions 331 ... Subsistence Farming: Risk Aversion, Uncertainty, and Survival 462 The Economics of Sharecropping and Interlocking Factor Markets 466

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