Development Economics is arguably the most important field within economics. Charged with analyzing and criticizing the way economies develop and grow, development economists play a vital role in attempting to reduce inequality across the world. The new edition of this excellent textbook introduces students to this vital field. Also new in this book is the introduction of endogenous growth theory. Defined, this is growth that occurs from within the economy, which is not reliant on trade, and can include improvements in education, health and technology. With vastly improved and updated pedagogical features such as new topical case studies and questions for discussion, Subrata Ghatak introduces what can be a difficult topic with a welcome clarity.Charged with analyzing and criticizing the way economies develop and grow, development economists play a vital role in attempting to reduce inequality across the world. The fourth edition of this classic textbook introduces students to this vital field. All of the popular aspects of earlier editions are retained with new additions such as the introduction of endogenous growth theory. The book also includes the very latest World Bank development data. With vastly improved and updated pedagogical features such as new topical case studies and questions for discussion, Subrata Ghatak introduces what can be a difficult topic with a welcome clarity.