Early Development Economics Debates Revisited

Author : Michele Alacevich
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 22 pages
Book Rating : 4./5 ( download)

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Download or read book Early Development Economics Debates Revisited written by Michele Alacevich and published by World Bank Publications. This book was released on 2008 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Development economics in its early years created the image of a fierce fight between advocates of contrasting theories or approaches- "balanced growth" vs. "unbalanced growth" or "program loans" vs. "project loans." This view has the merit to highlight such conflicts in great detail; yet it fails to take into account the reality of development economics as it was practiced in the field. This paper reassesses these old conflicts by complementing the traditional focus on theoretical debates with an emphasis on the practice of development economics. A particularly interesting example is the debate between Albert Hirschman, one of the fathers of the "unbalanced growth" approach, and Lauchlin Currie, among the advocates of "balanced growth" on how to foster iron production in Colombia in the 1950s. An analysis of the positions held by these two economists shows that they were in fact much less antithetical than is usually held and, indeed, were in some fundamental aspects surprisingly similar. Debates among development economists during the 1950s thus must be explained-at least partially-as the natural dynamics of an emerging discipline that took shape when different groups tried to achieve supremacy-or at least legitimacy-through the creation of mutually delegitimizing systemic theories.

Author : Michele Alacevich
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.79/5 ( download)

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Download or read book Early Development Economics Debates Revisited written by Michele Alacevich and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Development economics in its early years created the image of a fierce fight between advocates of contrasting theories or approaches- "balanced growth" vs. "unbalanced growth" or "program loans" vs. "project loans." This view has the merit to highlight such conflicts in great detail; yet it fails to take into account the reality of development economics as it was practiced in the field. This paper reassesses these old conflicts by complementing the traditional focus on theoretical debates with an emphasis on the practice of development economics.A particularly interesting example is the debate between Albert Hirschman, one of the fathers of the "unbalanced growth" approach, and Lauchlin Currie, among the advocates of "balanced growth" on how to foster iron production in Colombia in the 1950s. An analysis of the positions held by these two economists shows that they were in fact much less antithetical than is usually held and, indeed, were in some fundamental aspects surprisingly similar. Debates among development economists during the 1950s thus must be explained-at least partially-as the natural dynamics of an emerging discipline that took shape when different groups tried to achieve supremacy-or at least legitimacy-through the creation of mutually delegitimizing systemic theories.

Author : Amedeo Lepore
Publisher : Cambridge Scholars Publishing
ISBN 13 : 152753801X
Total Pages : 294 pages
Book Rating : 4.16/5 ( download)

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Download or read book The Cassa per il Mezzogiorno, the World Bank and the Model for Italian Economic Development written by Amedeo Lepore and published by Cambridge Scholars Publishing. This book was released on 2023-12-15 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research, carried out in original documents by the World Bank, which were intended exclusively for internal use and were made available to scholars only a few years ago, tackles the theme of the extraordinary intervention in Southern Italy from an international perspective. The book provides an updated view of the issues concerning the regions of Southern Italy, as well as the solutions proposed for the “Southern Question” during the years of the post-war reconstruction of Italy, creating the only period of convergence – considering the whole of the history of united Italy – between Southern and Northern Italy and between the entire country and the most advanced Western economies during the golden age. The volume enhances our understanding of such a decisive development phase, especially within the framework of both Italian and international economic history, following the peacetime rebuilding of Italy and before the crisis of the 1970s, while providing very useful elements in order to analyse the current events of both the Mezzogiorno and all of Italy.

Author : Erik S. Reinert
Publisher : Edward Elgar Publishing
ISBN 13 : 1782544682
Total Pages : 848 pages
Book Rating : 4.85/5 ( download)

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Download or read book Handbook of Alternative Theories of Economic Development written by Erik S. Reinert and published by Edward Elgar Publishing. This book was released on 2016-09-28 with total page 848 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today’s mainstream and neo-classical tenets. With a total of 40 specially commissioned chapters, written by the foremost authorities in their respective fields, this volume represents a landmark in the field of economic development. It elucidates the richness of the alternative and sometimes misunderstood ideas which, in different historical contexts, have proved to be vital to the improvement of the human condition. The subject matter is approached from several complementary perspectives. From a historical angle, the Handbook charts the mercantilist and cameralist theories that emerged from the Renaissance and developed further during the Enlightenment. From a geographical angle, it includes chapters on African, Chinese, Indian, and Muslim approaches to economic development. Different schools are also explored and discussed including nineteenth century US development theory, Marxist, Schumpeterian, Latin American structuralism, regulation theory and world systems theories of development. In addition, the Handbook has chapters on important events and institutions including The League of Nations, The Havana Charter, and UNCTAD, as well as on particularly influential development economists. Contemporary topics such as the role of finance, feminism, the agrarian issue, and ecology and the environment are also covered in depth. This comprehensive Handbook offers an unrivalled review and analysis of alternative and heterodox theories of economic development. It should be read by all serious scholars, teachers and students of development studies, and indeed anyone interested in alternatives to development orthodoxy.

Author : Albert O. Hirschman
Publisher : Princeton University Press
ISBN 13 : 069116567X
Total Pages : 404 pages
Book Rating : 4.77/5 ( download)

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Download or read book The Essential Hirschman written by Albert O. Hirschman and published by Princeton University Press. This book was released on 2015-04-27 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some of the finest essays in the social sciences, written by one of the twentieth century's most influential and provocative thinkers ​​​ The Essential Hirschman brings together some of the finest essays in the social sciences, written by one of the twentieth century's most influential and provocative thinkers. Albert O. Hirschman was a master essayist, one who possessed the rare ability to blend the precision of economics with the elegance of literary imagination. In an age in which our academic disciplines require ever-greater specialization and narrowness, it is rare to encounter an intellectual who can transform how we think about inequality by writing about traffic, or who can slip in a quote from Flaubert to reveal something surprising about taxes. The essays gathered here span an astonishing range of topics and perspectives, including industrialization in Latin America, imagining reform as more than repair, the relationship between imagination and leadership, routine thinking and the marketplace, and the ways our arguments affect democratic life. Throughout, we find humor, unforgettable metaphors, brilliant analysis, and elegance of style that give Hirschman such a singular voice. Featuring an introduction by Jeremy Adelman that places each of these essays in context as well as an insightful afterword by Emma Rothschild and Amartya Sen, The Essential Hirschman is the ideal introduction to Hirschman for a new generation of readers and a must-have collection for anyone seeking his most important writings in one book.

Author : Martin Daunton
Publisher : Farrar, Straus and Giroux
ISBN 13 : 0374611777
Total Pages : 738 pages
Book Rating : 4.74/5 ( download)

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Download or read book The Economic Government of the World written by Martin Daunton and published by Farrar, Straus and Giroux. This book was released on 2023-11-14 with total page 738 pages. Available in PDF, EPUB and Kindle. Book excerpt: An epic history of the people and institutions that have built the global economy since the Great Depression. In this vivid landmark history, the distinguished economic historian Martin Daunton pulls back the curtain on the institutions and individuals who have created and managed the global economy over the last ninety years, revealing how and why one economic order breaks down and another is built. During the Great Depression, trade and currency warfare led to the rise of economic nationalism—a retreat from globalization that culminated in war. From the Second World War came a new, liberal economic order. Squarely reflecting the interests of the West in the Cold War, liberalism faced collapse in the 1970s and was succeeded by neoliberalism, financialization, and hyper-globalization. Now, as leading nations are tackling the fallout from COVID-19 and threats of inflation, food insecurity, and climate change, Daunton calls for a return to a more just and equitable form of globalization. Western imperial powers have overwhelmingly determined the structures of world economic government, often advancing their own self-interests and leading to ruinous resource extraction, debt, poverty, and political and social instability in the Global South. He argues that while our current economic system is built upon the politics of and between the world’s biggest economies, a future of global recovery—and the reduction of economic inequality—requires the development of multilateral institutions. Dramatic and revelatory, The Economic Government of the World offers a powerful analysis of the origins of our current global crises and a path toward a fairer international order.

Author : Rueda, Renny
Publisher : IGI Global
ISBN 13 : 1668497964
Total Pages : 272 pages
Book Rating : 4.68/5 ( download)

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Download or read book Cognitive Governance and the Historical Distortion of the Norm of Modern Development: A Theory of Political Asymmetry written by Rueda, Renny and published by IGI Global. This book was released on 2023-11-27 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the world of academic scholarship, there exists a pressing problem that has long confounded researchers and scholars alike. The issue at hand is the glaring gap in our understanding of political asymmetry—an elusive concept that holds the key to deciphering how institutions evolve and influence normative constructs within contemporary governance structures. Despite its undeniable relevance, political asymmetry has remained a neglected subject in social science discourse. This omission hampers our capacity to explore the intricate interplay between cultural diversity, normative representations, and political dynamics. As such, a critical void persists in comprehending the complex mechanisms that underpin governance practices in our ever-evolving global landscape. Cognitive Governance and the Historical Distortion of the Norm of Modern Development: A Theory of Political Asymmetry offers an illuminating solution to this enduring problem. This pioneering work presents a comprehensive and meticulously crafted exploration of the concept of political asymmetry, providing both a theoretical taxonomy and an empirical roadmap for scholars eager to delve into uncharted territory. By bridging this knowledge gap, the book equips researchers with the tools needed to redefine how political asymmetry is not only understood but also applied in rigorous social science research. It marks a transformative shift in our approach to political science, enabling us to navigate the labyrinth of contemporary governance structures with newfound clarity.

Author : John Kuada
Publisher : Springer
ISBN 13 : 1137534451
Total Pages : 278 pages
Book Rating : 4.53/5 ( download)

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Download or read book Private Enterprise-Led Economic Development in Sub-Saharan Africa written by John Kuada and published by Springer. This book was released on 2015-10-05 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Private Enterprise-Led Development in Sub-Saharan Africa provides a novel theoretical and conceptual model to guide research into Africa's economic development. It endorses the view that private enterprise-led growth will help reduce poverty since it strengthens individuals' capacity to care for themselves and their families.

Author : Francis A.S.T. Matambalya
Publisher : Routledge
ISBN 13 : 1317674669
Total Pages : 453 pages
Book Rating : 4.65/5 ( download)

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Download or read book African Industrial Development and European Union Co-operation written by Francis A.S.T. Matambalya and published by Routledge. This book was released on 2014-08-27 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of the 54African states, only South Africa is categorised by the United Nations Industrial Development Organization (UNIDO) amongst industrialised countries. The economic activities in Africa are still dominated by the production and trade of agricultural and mineral commodities. This situation is in spite of the longstanding Africa--European Union (EU) co-operation, which intends, among other things, to support Africa’s industrialisation endeavours. Imperatively, a long road to substantive levels of industrialisation still lies ahead of most African countries. This raises the question as to what role the international community could and should play in the twenty-first century to provide the support needed to expedite Africa’s industrial transformation. This book argues that to supplement the initiatives of each African country, international partnerships, of both a ‘North–South’ and ‘South–South’ nature, will serve better purposes if they are leveraged to develop productive capacities in African economies. In order to enable the African countries to leverage their traditional partnership with the EU for industrialisation, a paradigm shift is obligatory. A feasible model should emulate the Japanese-led ‘flying geese’ model and the Chinese-led ‘bamboo capitalism’ model.

Author : Luca Fiorito
Publisher : Emerald Group Publishing
ISBN 13 : 1804559822
Total Pages : 245 pages
Book Rating : 4.26/5 ( download)

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Download or read book Research in the History of Economic Thought and Methodology written by Luca Fiorito and published by Emerald Group Publishing. This book was released on 2023-10-02 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research in the History of Economic Thought and Methodology Volume 41B features a selection of papers presented at the First History of Economics Diversity Caucus Conference.