Factors in Economic Development [Paperback]

First published in 1961, this work is a compendium of essays written by esteemed economist Sir Alexander Cairncross, pertaining to the theme of economic development. A wide cross-section of factors are taken into account in this extensive collection of articles, amongst which are the importance of investment and technical progress; trade; administration and planning; and the role of education.

Part I: The Setting  1. The Poverty of Nations  2. The Economics of 1984  Part II: Investment, Technical Progress and Development  3. The Contribution of Foreign and Domestic Capital to Economic Development  4. The Place of Capital in Economic Progress  5. Investment and Growth  6. The Capital Output Ratio  7. Capital Formation in the Take-Off  8. The Stages of Economic Growth  9. The Investment League  10. Banking in Developing Countries  11. Migration of Technology  Part III: Trade  12. Patterns of Trade and Development  13. International Trade and Economic Development  14. World Trade in Manufactures since 1900  15. Organisation for European Economic Co-operation Part IV: Administration and Planning  16. On Being an Economic Advisor  17. The Work of the Economic Development Institute  18. A Visit to Moscow  19. Programmes as Instruments of Co-ordination  20. Economic Schizophrenia

Extremely wide-ranging and refreshingly unparochial  The Observer

It has the great merit that the difficult, delicate and often highly frustrating impediments to any theory of growth are not assumed out of the way.  The Financial Times

Cairncross expounds his views on lÓÆ