The Economics of Developing and Emerging Markets

This book presents an innovative new perspective on the economics
of development, including insights from a broad range of disciplines.
It starts with the current state of affairs; a discussion of data availability,
reliability, and analysis; and a historic overview of the deep influence
of fundamental factors on human prosperity. Next, it focuses on the role
of human interaction in terms of trade, capital, and knowledge flows,
as well as the associated implications for institutions, contracts, and
finance. The book also highlights differences in the development paths
of emerging countries in order to provide a better understanding
of the concepts of development and the Millennium Development
Goals. Insights from other disciplines are used to help to understand
human development with regard to other issues, such as inequalities,
health, demography, education, and poverty. The book concludes
by emphasizing the importance of connections, location, and human
interaction in determining future prosperity.