The role of education in economic growth -- Effective and rational investment under socialism -- Basic thoughts on economic restructuring -- A tentative study of socialist ownership structure -- Two types of disequilibrium and the mainstream of current economic restructuring -- Relationship...

Peter Bauer draws conclusions about economic development that diverge from the mainstream. "The Development Frontier" illustrates his characteristic and distinctive approach: he bases his analyses on careful and direct observation of conditions in the developing world. In doing so, he takes...