Introduction to Development Economics

Why are some poor and others rich? What is poverty and what are the reasons for it? What policies are needed to reduce inequality? And why have seen the largest decrease of poverty in history over the last 30 years? Is global inequality in- or decreasing? Are 8 billion people a challenge for this planet? Do markets fail the poorest? Free trade or fair trade? This textbook introduces students from all disciplines into the key concepts in development economics.