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Economic Development

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This best-selling text offers a unique policy-oriented approach that uses models and concepts to illustrate real-world development problems. Retaining its hallmark accessibility throughout, the Eighth Edition uses the most current data, offering full coverage of recent advances in the field, and featuring a balanced presentation of opposing viewpoints on today's major poli This best-selling text offers a unique policy-oriented approach that uses models and concepts to illustrate real-world development problems. Retaining its hallmark accessibility throughout, the Eighth Edition uses the most current data, offering full coverage of recent advances in the field, and featuring a balanced presentation of opposing viewpoints on today's major policy debates.The authors have streamlined this edition and have included coverage of new and critical topics. The text includes extensive country-specific examples, updated Country Case Studies, and Comparative Case Studies that allow students to apply concepts to specific developing nations.


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This best-selling text offers a unique policy-oriented approach that uses models and concepts to illustrate real-world development problems. Retaining its hallmark accessibility throughout, the Eighth Edition uses the most current data, offering full coverage of recent advances in the field, and featuring a balanced presentation of opposing viewpoints on today's major poli This best-selling text offers a unique policy-oriented approach that uses models and concepts to illustrate real-world development problems. Retaining its hallmark accessibility throughout, the Eighth Edition uses the most current data, offering full coverage of recent advances in the field, and featuring a balanced presentation of opposing viewpoints on today's major policy debates.The authors have streamlined this edition and have included coverage of new and critical topics. The text includes extensive country-specific examples, updated Country Case Studies, and Comparative Case Studies that allow students to apply concepts to specific developing nations.

30 review for Economic Development

  1. 4 out of 5

    Miriam

    this book made me cry as an undergrad. yes it did, and on multiple occasions. consequently, i decided i was an english major, and now i am an english phd student. so in other words, if i never obtain legitimate employment, it will be todaro and smith's fault. this book made me cry as an undergrad. yes it did, and on multiple occasions. consequently, i decided i was an english major, and now i am an english phd student. so in other words, if i never obtain legitimate employment, it will be todaro and smith's fault.

  2. 5 out of 5

    Daniel

    Rating this book is a dilemma for me. I actually liked it because it is really good at what it covers, but what it covers is seriously flawed. This is not a book about development. It is about misery and dealing with symptoms of backwardness and poverty, not its causes or the process of development. This shortcoming is most obvious in the complete lack of a discussion of industrialization - although very few countries can hope to develop without industrialization. I'm not saying that we should c Rating this book is a dilemma for me. I actually liked it because it is really good at what it covers, but what it covers is seriously flawed. This is not a book about development. It is about misery and dealing with symptoms of backwardness and poverty, not its causes or the process of development. This shortcoming is most obvious in the complete lack of a discussion of industrialization - although very few countries can hope to develop without industrialization. I'm not saying that we should close our eyes from the misery of the world. But a development economics textbook has to be about development and hope and this one is not. Anyway, as I mentioned earlier, the book is really well-written. It is an almost encyclopaedic coverage of many issues related to backwardness and poverty. Theories, empirics and debates are well balanced. Professors would do well to adopt Justin Lin's "New Structural Economics" instead, which is about economic development - in contrast to this book.

  3. 4 out of 5

    Abe

    The most unnecessarily verbose text on economics I have yet encountered, this book could easily have been reduced to one third or one fourth of its length. The author attempts to explain mathematical concepts without any mathematical terms and often ends up dragging on for several pages without coming to any semblance succinct conclusion. Additionally, Todaro often fails to properly argue many of his points, instead "briefly summarizing" (if 7 pages could ever be considered brief) with lengthy, w The most unnecessarily verbose text on economics I have yet encountered, this book could easily have been reduced to one third or one fourth of its length. The author attempts to explain mathematical concepts without any mathematical terms and often ends up dragging on for several pages without coming to any semblance succinct conclusion. Additionally, Todaro often fails to properly argue many of his points, instead "briefly summarizing" (if 7 pages could ever be considered brief) with lengthy, winded examples. One entire chapter seemed dedicated solely to tout his own slightly outdated and discredited theory he came up with 46 years ago; but then again, that chapter may have been my favorite because the theory was at least described well. I learned very little other than no absolutes exist in developmental economics, and I am overall disappointed with this text.

  4. 5 out of 5

    Sophearyou

    -Nature of aid -nature of poverty and possible poverty policy options, plus case studies from other countries. -Neocolony- theory of dependency

  5. 5 out of 5

    Dr. Faheem J. Khan

    My all time companion, since undergrad. Excellent reference for students and academicians.

  6. 5 out of 5

    Sarah

    Refreshing if you're used to neoliberal texts. It is a bit sappy, but sweet and seems like it was written by a sane human, which cannot really be said of any other Econ textbook out there. Also, Todaro is a development Econ badass. Refreshing if you're used to neoliberal texts. It is a bit sappy, but sweet and seems like it was written by a sane human, which cannot really be said of any other Econ textbook out there. Also, Todaro is a development Econ badass.

  7. 5 out of 5

    Khurramshahzad990 shahzad

    CAN TELL U AFTER READING

  8. 5 out of 5

    Straton

    An incisive discussion on the prolems and solutions of the developing world

  9. 5 out of 5

    Dzigborfa Edem

    great book for all managers

  10. 4 out of 5

    Dzarin Vandergos

    this is my class book,

  11. 4 out of 5

    Mark

    I read this to prepare for a subject I was thinking of taking next semester on Development Economics. Even though it's quite long, and talks about a lot of different areas, I feel like I didn't really get much of anything out of it. There's a bit on the recent history related to development, a bit on some economic models that relate to development, and discussion of different theories, but by and large, it's an overview of a field where people can't agree on fairly basic stuff, so, almost entire I read this to prepare for a subject I was thinking of taking next semester on Development Economics. Even though it's quite long, and talks about a lot of different areas, I feel like I didn't really get much of anything out of it. There's a bit on the recent history related to development, a bit on some economic models that relate to development, and discussion of different theories, but by and large, it's an overview of a field where people can't agree on fairly basic stuff, so, almost entirely, it's basically like: - is democracy important for development? ¯\_(ツ)_/¯ - should the governments of developing countries be more or less involved in their economies? ¯\_(ツ)_/¯ - what's the best trade practice for a developing country? ¯\_(ツ)_/¯ and so on, and so on So, like, while you will learn that basic health and education is probably a good idea, everything else is ¯\_(ツ)_/¯ In a way, if you want something which mentions everything, that's great! But it doesn't really facilitate understanding imo. If I could go back in time, I'd spend the 30+ hours I spent reading this book reading the work the textbook references- work by Banerjee, Duflo, Kremer, Acemoglu, and others- and get the best version of their arguments, not this -_-

  12. 4 out of 5

    Khadija Atta

    Although this book is an important academic reference on the subject of economic development, the main problem of the book is not considering the differences in the causes of poverty and its repercussions, thus considering that all developing countries must follow one path to reach development. the book can be considered a great encyclopedic coverage in theories of economic development, However, personal convictions are not taken from it regarding this aspect, so I do not think that it would be s Although this book is an important academic reference on the subject of economic development, the main problem of the book is not considering the differences in the causes of poverty and its repercussions, thus considering that all developing countries must follow one path to reach development. the book can be considered a great encyclopedic coverage in theories of economic development, However, personal convictions are not taken from it regarding this aspect, so I do not think that it would be suitable for non-academic readers.

  13. 4 out of 5

    Gavin

    The first piece of economics I remember actually understanding, probably because it got under my guard by being undeniably, obviously about matters of life and death, hope and justice, and what's around the corner, and how maths can help. (Specifically Todaro's own model of urban migration.) The first piece of economics I remember actually understanding, probably because it got under my guard by being undeniably, obviously about matters of life and death, hope and justice, and what's around the corner, and how maths can help. (Specifically Todaro's own model of urban migration.)

  14. 5 out of 5

    Shibajee Samaddar

    This book took me One year! But it gives one a perspective of Development that is much required. It's not that it's sufficient but it's definitely necessary. This book took me One year! But it gives one a perspective of Development that is much required. It's not that it's sufficient but it's definitely necessary.

  15. 5 out of 5

    Bootaan Bootaan

    Best book in economic development I have read.

  16. 4 out of 5

    Jurnalphobia

    it addresses anything i need to understand economic development.

  17. 4 out of 5

    Itx Hira

    want to read

  18. 5 out of 5

    AJIT B

    the book is one of the leading book for get information about economic fact who have learning economic situation, who want study about economy this guys must read this book for hence them knowledge

  19. 4 out of 5

    Lyn Gwantwa

    This review has been hidden because it contains spoilers. To view it, click here. This book saved my life as an undergrad and allowed me to better apply economic development models and concepts in a modern context particularly to Africa- my area of interest. Highly recommended!

  20. 4 out of 5

    Fran

    Perhaps, readers from the developed world would find the text as sappy and melodramatic. I can't blame them. The text was originally entitled as Economic Development in the Third World, so expect a lot of heart wrenching stories! Note to self: Main text for Development Economics course under Prof. Kiyoshi Taniguchi (currently an economist at the Asian Development Bank). Spring Term 2004, International Development Program, International University of Japan. Perhaps, readers from the developed world would find the text as sappy and melodramatic. I can't blame them. The text was originally entitled as Economic Development in the Third World, so expect a lot of heart wrenching stories! Note to self: Main text for Development Economics course under Prof. Kiyoshi Taniguchi (currently an economist at the Asian Development Bank). Spring Term 2004, International Development Program, International University of Japan.

  21. 4 out of 5

    Jewels

    I used the free e-book version of this text for one of my political science classes. I have to admit that I didn't read it all the way through. I just read the chapters assigned by the professor. It was fairly boring to be honest. If statistics and what-not is your thing, you will probably enjoy it a lot more than I did. I just couldn't get interested enough to read the entire thing on my own. I used the free e-book version of this text for one of my political science classes. I have to admit that I didn't read it all the way through. I just read the chapters assigned by the professor. It was fairly boring to be honest. If statistics and what-not is your thing, you will probably enjoy it a lot more than I did. I just couldn't get interested enough to read the entire thing on my own.

  22. 4 out of 5

    Ali

    Todaro is an undisputed master on Economic Development. He has extensive experience in the field and genuine analyses are employed. His book on the subject is considered to be an authority and it is a real honor for me to have read such a good book.

  23. 5 out of 5

    Fran

    Main text for Econ 191: Development Economics under Prof. Solita "Winnie" Monsod. First Semester 1997-98, UP School of Economics. Main text for Econ 191: Development Economics under Prof. Solita "Winnie" Monsod. First Semester 1997-98, UP School of Economics.

  24. 5 out of 5

    Marts (Thinker)

    ...highlighting a policy-oriented approach to economic development studies, companion text for international development studies...

  25. 5 out of 5

    Gulied

    ITS MY HOBBY TO READ THIS BOOK

  26. 4 out of 5

    Mini Mao

    can i read online economic development

  27. 5 out of 5

    Ahmed Gamal

    it is very very very very very very good

  28. 4 out of 5

    Salman Khan

    i want to read to it.....

  29. 4 out of 5

    Feroza

    I want to read this book for the improving my knowledge about the economy and get some idea how it effect on a country economic to improve it.

  30. 4 out of 5

    Mjkatuufu

    This book is one of the most inciting books especially on the matters concerning developing world.

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