Handbook of Development Economics

About this book

We noted in our preface that since the publication of the first two volumes of the Handbook of Development Economics, the paradigm of development that was dominant for a long time after the Second World War and which emphasized a state-directed, inward-oriented, import-substituting industrialization as the appropriate strategy of development was finally dethroned with many countries undertaking reforms aimed at liberalizing their economies from the shackles of state control.