Early Development Economics Debates Revisited
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Early Development Economics Debates Revisited
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Author : Michele Alacevich
language : en
Publisher: World Bank Publications
Release Date : 2008
Early Development Economics Debates Revisited written by Michele Alacevich and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Banks and Banking Reform categories.
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.
Early Development Economics Debates Revisited
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Author : Michele Alacevich
language : en
Publisher:
Release Date : 2012
Early Development Economics Debates Revisited written by Michele Alacevich and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
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.
Analytical Development Economics
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Author : Kaushik Basu
language : en
Publisher:
Release Date : 2003
Analytical Development Economics written by Kaushik Basu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.
Dissent On Development
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Author : Péter Tamás Bauer
language : en
Publisher:
Release Date : 1972
Dissent On Development written by Péter Tamás Bauer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with Business & Economics categories.
The Economic Government Of The World
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Author : Martin Daunton
language : en
Publisher: Penguin UK
Release Date : 2023-05-11
The Economic Government Of The World written by Martin Daunton and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-11 with Business & Economics categories.
An epic history of money, trade and development since 1933 In 1933, Keynes reflected on the crisis of the Great Depression that arose from individualistic capitalism: 'It is not intelligent, it is not beautiful, it is not just, it is not virtuous - and it doesn't deliver the goods ... But when we wonder what to put in its place, we are extremely perplexed.' We are now in a similar state of perplexity, wondering how to respond to the economic problems of the world. Martin Daunton examines the changing balance over ninety years between economic nationalism and globalization, explaining why one economic order breaks down and how another one is built, in a wide-ranging history of the institutions and individuals who have managed the global economy. In 1933, the World Monetary and Economic Conference brought together the nations of the world: it failed. Trade and currency warfare led to economic nationalism and a turn from globalization that culminated in war. During the Second World War, a new economic order emerged - the embedded liberalism of Bretton Woods, the International Monetary Fund and the International Bank for Reconstruction and Development - and the post-war General Agreement on Tariffs and Trade. These institutions and their rules created a balance between domestic welfare and globalization, complemented by a social contract between labour, capital and the state to share the benefits of economic growth. Yet this embedded liberalism reflected the interests of the 'west' in the Cold War: in the 1970s, it faced collapse, caused by its internal weaknesses and the breakdown of the social contract, and was challenged by the Third World as a form of neo-colonialism. It was succeeded by neoliberalism, financialisation and hyper-globalization. In 2008, the global financial crash exposed the flaws of neoliberalism without leading to a fundamental change. Now, as leading nations are tackling the fall-out from Covid-19 and the threats of inflation, food security and the existential risk of climate change, Martin Daunton calls for a return to a globalization that benefits many of the world's poor and a fairer capitalism that delivers domestic welfare and equality. The Economic Government of the World is the first history to show how trade, international monetary relations, capital mobility and development impacted on and influenced each other. Martin Daunton places these economic relations in the geo-political context of the twentieth century, and considers the importance of economic ideas and of political ideology, of electoral calculations and institutional design. The book rests on extensive archival research to provide a powerful analysis of the origins of our current global crisis, and suggests how we might build a fairer international order.
The Cassa Per Il Mezzogiorno The World Bank And The Model For Italian Economic Development
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Author : Amedeo Lepore
language : en
Publisher: Cambridge Scholars Publishing
Release Date : 2023-12-15
The Cassa Per Il Mezzogiorno The World Bank And The Model For Italian Economic Development written by Amedeo Lepore and has been published by Cambridge Scholars Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-15 with Business & Economics categories.
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.
Handbook Of Alternative Theories Of Economic Development
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Author : Erik S. Reinert
language : en
Publisher: Edward Elgar Publishing
Release Date : 2016-09-28
Handbook Of Alternative Theories Of Economic Development written by Erik S. Reinert and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-28 with Business & Economics categories.
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.
Cognitive Governance And The Historical Distortion Of The Norm Of Modern Development A Theory Of Political Asymmetry
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Author : Rueda, Renny
language : en
Publisher: IGI Global
Release Date : 2023-11-27
Cognitive Governance And The Historical Distortion Of The Norm Of Modern Development A Theory Of Political Asymmetry written by Rueda, Renny and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-27 with Business & Economics categories.
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 asymmetryan 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.
Private Enterprise Led Economic Development In Sub Saharan Africa
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Author : John Kuada
language : en
Publisher: Springer
Release Date : 2015-10-05
Private Enterprise Led Economic Development In Sub Saharan Africa written by John Kuada and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-10-05 with Social Science categories.
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.
African Industrial Development And European Union Co Operation
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Author : Francis A.S.T. Matambalya
language : en
Publisher: Routledge
Release Date : 2014-08-27
African Industrial Development And European Union Co Operation written by Francis A.S.T. Matambalya and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-27 with Business & Economics categories.
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.