Contemporary economic issues in developing countries / John Baffoe-Bonnie and Mohammed Khayum.

Includes bibliographical references and index.

Introduction / John Baffoe-Bonnie, Mohammed Khayum -- International Debt: Ten Lessons for the New Millennium / John Loxley -- Population Dynamics and Food Production in Sub-Saharan Africa / Henry Rempel, Kazi Nazrul Islam -- Ongoing Fertility Transition in Sub-Saharan Africa / David Shapiro, Basile Oleko Tambashe -- Poverty Estimates and Poverty-Reducing Strategies for the Developing Economy / John Gafar -- Environmental Issues in Economic Growth: Application of an EQT Model for Developing Countries / Fidel Ezeala-Harrison -- Rent-seeking and Economic Growth in Developing Countries / John Mukum Mbaku, Mwangi S. Kimenyi -- Corruption Control in Developing Societies: Lessons from Public Choice / John Mukum Mbaku -- Fiscal and Monetary Policies for Economic Development / James C.W. Ahiakpor -- Why Structural Adjustment Failed in Africa / George B.N. Ayittey -- Openness and Economic Performance of Developing Countries / Richard E. Mshomba -- Government Spending, Human Capital, and Endogenous Growth in Developing Countries / John Baffoe-Bonnie -- Life-Cycle Consumption, Economic Development, and Planning Horizon in Developing Countries / John Baffoe-Bonnie, Mohammed Khayum -- Defense Spending and Economic Growth / Wimal Rankaduwa.

Important lessons for policy makers are provided here as contributors evaluate the effectiveness of domestic economic policies and the recommendations of international organizations such as the World Bank regarding the economic development of developing countries. Challenges posed by debt problems, corruption, population dynamics, poverty, and the absence of adequate human and physical capital are highlighted. Contributors cast doubts on the conclusions of the prevailing theories of economic development with patterns of economic change over the course of the 20th century.