Public Policy and Economic Development

This is a volume of essays in honour of Ian Little, who was Professor of Economics at Oxford until 1975, and whose seminal work in the discipline - notably in the areas of public policy and economic development - spans over 30 years and is still continuing. The authors, all well known economists, provide pointers to help and influence policymakers in areas crucial to the economies of developing countries. Each chapter provides a succinct summing up of the literature, conveying the main ideas in the chosen area in a way that is accessible to the layperson as well as to the professional economist, keeping technical matter to a minimum. The volume as a whole covers issues of concern in both microeconomic and macroeconomic policy. These include: exchange rate policy, trade policy, problems of industrialization, foreign investment, taxation strategies, capital flows, and aspects of the interface between politics and economic policy. The collection begins with a personal memoir by Francis Seton and concludes with a bibliography of Little's published work.