the less developed economy revisited Basu, Kaushik. creator text Cambridge, Ma MIT Press c1997 monographic xix, 366 pages : illustrations ; Preface to The Less Developed Economy, 1984 -- I. Preliminaries. 1. Introduction -- II. Macro Perspectives. 2. The Vicious Circle of Poverty. 3. Growth and Development. 4. Inflation and Structural Disequilibrium. 5. Foreign Exchange and Trade: Some Considerations. 6. International Debt -- III. The Dual Economy. 7. The Structure of a Dual Economy. 8. Migration. 9. The Rural-Urban Wage Gap. 10. Unemployment and Surplus Labor -- IV. The Rural Economy. 11. Stagnation in Backward Agriculture. 12. Tenancy and Efficiency. 13. Rural Credit Markets. 14. Interlinkage in Rural Markets -- V. Concluding Remarks. 15. The Limits of Economic Analysis. Revised edition of: The less developed economy: a critique of contemporary theory. 1984. Economic development HD 82 BAS 0262024233 9780262024235 0262523442 9780262523448