Economics of Development

Naqvi analyzes the inclusive growth model of economic development and discusses strategies for the future. He discusses the dynamics of a fast growing market economy along with the necessity for state intervention to mitigate inequalities. Naqvi argues that for economic progress to take hold over time it must be widely shared. This requires, in developing economies, a doubling of per capita income over a decade with inclusivity emphasized. The material is Divided into six parts. Part I, "Spreading Out the Wings," discusses rival views on development policies and sets up Naqvi's argument for the inclusive growth paradigm. Part II, "Anatomy of the Development Revolution," examines the history of the development revolution. Part III, "The Liberalist Dystopia," discusses the rise of economic liberalism and its philosophy and agenda. Part IV, "Rolling Back the Liberalist Tide," lines up a case against liberalism. Part V, "The Human Development Initiative," makes an argument for human development as essential for economic development. Part VI, "Toward Inclusive Growth Strategy," proposes and details elements of a strategy that focuses on growth while incorporating social justice. Annotation c2015 Ringgold, Inc., Portland, OR (protoview.com)