Kenwood and Lougheed’s classic book has been the benchmark introduction to the development of the global economy for decades. For this fifth edition, Michael

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3. Phases of development

For many countries, primarily in the Global South, extractivism – the exploiting and exporting of natural resources – is big business. For those exporting c

This book is about the economy rather than economics. It explores the structures, inner workings and problems of modern economies, showing how the organisations