Description
The fourth edition of this established textbook has been revised to take full account of the onset of a world recession and the fall in commodity prices that have brought increased poverty to some of the world's poorest countries. The provision of aid has not expanded and national debt has escalated, in many cases to unmanageable proportions. These changes are set out in two new chapters on debt and aid trends, and documented in more detail in a new statistical appendix. Review: . . . lively, topical and interesting . . . it will be widely read and deservedly so. - The Economic Journal
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