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Palgrave Macmillan

Why Developing Countries Fail to Develop

International Economic Framework and Economic Subordination

  • Book
  • © 1991

Overview

Authors:
  1. Purushottam Narayan Mathur

    1. University College of Wales, Aberystwyth, UK

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Table of contents (19 chapters)

  1. Front Matter

    Pages i-xix
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  2. Introduction

    1. Introduction

      • Purushottam Narayan Mathur
      Pages 1-5

  3. The Central Argument

    1. Front Matter

      Pages 7-7
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    2. The Development Dilemma

      • Purushottam Narayan Mathur
      Pages 9-30

  4. Development Theory and Experience

    1. Front Matter

      Pages 31-31
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    2. Metaeconomics

      • Purushottam Narayan Mathur
      Pages 33-45

    3. A Synoptic View of Economic Historic States in Theoretical Perspective: Before the Industrial Revolution

      • Purushottam Narayan Mathur
      Pages 46-61

    4. A Synoptic View of the Industrial Revolution in Theoretical Perspective

      • Purushottam Narayan Mathur
      Pages 62-76

    5. Types of Developing Countries

      • Purushottam Narayan Mathur
      Pages 77-86

  5. An International Framework for National Economies

    1. Front Matter

      Pages 87-87
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    2. Determination of International Commodity Prices

      • Purushottam Narayan Mathur
      Pages 89-103

    3. Commodity Price Shocks and World Economies

      • Purushottam Narayan Mathur
      Pages 104-122

    4. Changing Export Income and the Developing Countries’ Economy: A Diagrammatic Representation

      • Purushottam Narayan Mathur
      Pages 123-135

  6. Macroeconomics of Developing Countries

    1. Front Matter

      Pages 137-137
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    2. The Macroeconomics of Economic Subordination and Drain

      • Purushottam Narayan Mathur
      Pages 139-150

    3. The Wage Goods Constraint for Employment and Development

      • Purushottam Narayan Mathur
      Pages 151-161

    4. Violations of Macro Constraints and Inflation: Different Types of Demand-pull and Cost-push Inflations, with Indian Illustrations

      • Purushottam Narayan Mathur
      Pages 162-178

  7. The Microeconomics of Developing Countries

    1. Front Matter

      Pages 179-179
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    2. The Role of Scarcity Value and Market Price

      • Purushottam Narayan Mathur
      Pages 181-195

    3. Implications of Adopting Modern Technology

      • Purushottam Narayan Mathur
      Pages 196-213
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Keywords

About this book

Recent debt crises and consequent dislocations and distress in the underdeveloped world have shown that the development strategies of the last forty years were misconceived. No underdeveloped country during this period could become an industrially advanced country, despite the development schemes orchestrated by the World Bank. This results from the fact that mainstream economic theory ignores international and national constraints and their interactions with the dynamics of technological transformation. This book develops a completely articulated theory of economic interconnections to deal with underdeveloped country's situation.

Authors and Affiliations

  • University College of Wales, Aberystwyth, UK

    Purushottam Narayan Mathur

Bibliographic Information

  • Book Title: Why Developing Countries Fail to Develop

  • Book Subtitle: International Economic Framework and Economic Subordination

  • Authors: Purushottam Narayan Mathur

  • DOI: https://doi.org/10.1007/978-1-349-21343-6

  • Publisher: Palgrave Macmillan London

  • eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)

  • Copyright Information: Purushottam Narayan Mathur 1991

  • Hardcover ISBN: 978-0-333-47634-5Published: 31 May 1991

  • Softcover ISBN: 978-1-349-21345-0Published: 01 January 1991

  • eBook ISBN: 978-1-349-21343-6Published: 27 July 2016

  • Edition Number: 1

  • Number of Pages: XIX, 303

  • Topics: Development Economics, Development Studies, International Political Economy

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