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In this comprehensive and insightful book, renowned economist Compton Bourne offers a unique perspective on the major economic and social challenges facing developing countries. Drawing upon his extensive experience as a leader in regional development banking, higher education and international cooperation, he provides invaluable insights into the policies and strategies necessary for sustainable growth. From his early days at the University of the West Indies to his pivotal roles at the Caribbean Development Bank and the Caribbean Community, Bourne has been at the forefront of efforts to address the economic disadvantages of small states. Through vivid anecdotes and in-depth analysis, he explores the historical context of these developments and the lessons learned along the way. The development debate redefined: Bourne also delves into the critical role of higher education in fostering economic growth and social progress. He examines the challenges and opportunities facing universities in developing countries and discusses the importance of institutional reform and international collaboration. With a keen eye for historical context and a deep understanding of the complexities of development, Bourne offers a thought-provoking analysis of the challenges and opportunities facing developing countries today. His insights and recommendations will be invaluable to policy-makers, academics and anyone interested in the economic development of the Caribbean and other regions, and the future of global development.