Part of the The European Heritage in Economics and the Social Sciences book series (EHES, volume 8)


Low-income countries are the focus of this study. They comprise the world’s poorest nations, more than two thirds of which are concentrated in Africa south of the Sahara. Most people in these countries are as poor today as their grandparents were at the time when development economics emerged as a new sub-discipline within the economic sciences, and when Western governments started to provide billions of dollars worth in development assistance to the developing world.


Poverty Reduction Advanced Economy Economic Reality Economic Life Contextual Approach 
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Copyright information

© Springer Science+Business Media, LLC 2011

Authors and Affiliations

  1. 1.CologneGermany

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