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Development Economics pp 1–21Cite as

Palgrave Macmillan

Introduction

The Role of Agriculture in Development

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Abstract

Development Economics has moved over the decades from using an historical approach to using theoretical and mathematical approaches. Much of the literature used applied econometric methods to investigate various issues in Development Economics. In recent years, the growth of behavioural and experimental economics has led to the use of randomised control trials to investigate the effectiveness of various policies (World Bank, 2015). However, in the process of the development of the subject, we have lost the social, historical, and political context within which less developed countries (LDCs) operate. Economic development is a broader concept than economic growth. It entails not only an improvement in living standards on average (say in terms of GDP per capita) but also a lowering of poverty and inequality, an improvement in the educational, health and housing standards of people, and an increase in freedom and entitlements.1

“When the missionaries first came to Africa they had the Bible and we had the land. They said ‘let us pray’. We closed our eyes. When we opened them, we had the Bible and they had the land.” (Bishop Desmond Tutu).

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Author information

Authors and Affiliations

  1. Industrial Relations Research Centre, UNSW Australia, Australia

    P. N. Raja Junankar (Honorary Professor, Emeritus Professor, Research Fellow)

  2. Western Sydney University, Australia

    P. N. Raja Junankar (Honorary Professor, Emeritus Professor, Research Fellow)

  3. IZA, Bonn, Germany

    P. N. Raja Junankar (Honorary Professor, Emeritus Professor, Research Fellow)

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  1. P. N. Raja Junankar
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© 2016 P. N. (Raja) Junankar

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Junankar, P.N.R. (2016). Introduction. In: Development Economics. Palgrave Macmillan, London. https://doi.org/10.1057/9781137555229_1

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