The development imperative -- Measuring economic growth and development -- Development in historical perspective -- Classical and neoclassical theories -- Developmentalist theories of economic development -- Heterodox theories of economic development -- The state as a potential agent of transformation -- Endogenous growth theories and new strategies for development -- The initial structural transformation : initiating the industrialization process -- Strategy switching and industrial transformation -- Agriculture and development -- Population, education and human capital -- Technology and development -- Multinational corporations and economic development -- Macroeconomic equilibrium : the external balance -- The debt problem and development -- International institutional linkages : the International Monetary Fund, the World Bank, and foreign aid.