Why Developing Countries Fail to Develop

List of Tables - List of Figures - Acknowledgements - Introduction - PART 1: THE CENTRAL ARGUMENT - The Development Dilemma - PART 2: DEVELOPMENT THEORY AND EXPERIENCE - Meta-Economics - A Synoptic View of Economic Historical States in Theoretical Perspective: Pre-Industrial Revolution - A Synoptic View of Industrial Revolution in Theoretical Perspective - Different Types of Developing Countries - PART 3: INTERNATIONAL FRAMEWORK FOR NATIONAL ECONOMIES - Determination of International Commodity Prices - Commodity Price Shocks and World Economies - Changing Export Income and Developing Country's Economy: A Diagrammatic Representation - PART 4: MACROECONOMICS OF DEVELOPING COUNTRIES - Macroeconomics of Economic Subordination and Drain - Wage Goods Constraint for Employment and Development - Violations of Macro Constraints and Inflation: Different Types of Demand Pull and Cost Pull: Indian Illustrations - PART 5: MICROECONOMICS OF DEVELOPING COUNTRIES - Role of Scarcity Value and Market Price - Implications of Adopting Modern Technology - Economics of Technology Transfer - PART 6: STRATEGIES FOR DEVELOPMENT - The Role of Subsidies and Import Controls in Modernising Low Income Countries - Partnership in Development? - Foreign Exchange Constrained Developing Economies - Why International Price Structures Differ - Notes - Index