Economic development is a sophisticated process that covers economic social political and cultural progress and focuses on raising human well-being. Therefore it has many components such as economic growth health education income distribution institutional progress financial development so forth. From this point of view several contemporary issues in economic development have been investigated in this book. Within this regard it aims to provide both empirical and theoretical contributions to the existing literature. Each chapter of the book has been written by scholars who are experts in their fields and their findings provide significant information and empirical proofs for policymakers. Moreover it may provide deep insights for graduate students and scholars studying economic development and it contains information and analysis to be taught in postgraduate courses and to be used in postgraduate papers.