| Description |
1 online resource (200 pages) |
| Series |
Perspectives in Economic and Social History |
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Perspectives in economic and social history.
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| Contents |
Development Economics in the Twenty-First Century; Perspectives in Economic and Social History; Title; Copyright; Contents; List of Contributors; Foreword; Introduction: The Rise and Decline of Development Economics in the History of Economic Thought; 'Why this Old Stuff?': An Example by Davide Gualerzi; A Changing World Economy; The Roots of Development Economics: The Seminal Contributions; The Rise and Decline of Development Economics; Historiography of Development Economics and History; The Contributions in the Volume; Notes |
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1 Historical Growth Modelling: Rostow's 'Take-Off' and Rosenstein-Rodan's 'Big Push'1.1 Introduction; 1.2 Rostow's 'Stages of Economic Growth' Model; 1.3 Explaining the 'Take-Off' Growth Process; 1.4 Rosenstein-Rodan's 'Big Push' Model; 1.5 An Appraisal Through the Lens of a Demand-Led Theory of Growth; Notes; 2 Albert Hirschman: Unbalanced Growth Theory; 2.1 Introduction; 2.2 Hirschman and Development Economics; 2.3 Hirschman on Development; 2.4 Balanced Growth; 2.5 Development as a Chain of Disequilibria; 2.6 Additional Features of Unbalanced Growth; 2.7 Views on Unbalanced Growth |
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2.8 Unbalanced Growth and Structural Change2.9 Development, Consumption Complementarities and Market Formation; 2.10 Concluding Remarks and Research Questions; Notes; 3 The Brilliant Fifties: International Trade as a Cause of Underdevelopment; 3.1 Before the Start; 3.2 Singer and Prebisch: The Widening Gap; 3.3 The Unsolved Problems in the Prebisch-Singer Theory; 3.4 W. Arthur Lewis: The Two-Sectors Economy; 3.5 Cumulative Process, Dependence, Oligopolies, Diffusion; 3.6 The Comparative Costs Law is Incompatible with Development; 3.7 After the Fifties: A Note |
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3.8 Today: Old Concepts, New ProblemsNotes; 4 Dual Development Models in Historical Perspective; 4.1 Introduction; 4.2 The Lewis' Model; 4.3 The Debates on the Lewis' Model; 4.4 Furtado and Hirschman on Dualism; 4.5 The Applications of Dual Development Models; 4.6 Concluding Remarks; Notes; 5 The Structuralist Research Program in Development Economics; 5.1 Approaches to Development Economics; 5.2 Structuralist Methodology and Dependency Theory; 5.3 Economic Development and Macroeconomic Imbalances; 5.4 The Road Ahead: Neostructuralism; Notes |
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6 The Resurgence of Dependency Analysis: Nostalgia or Renewed Relevance?6.1 Introduction; 6.2 The Structuralist Roots of Dependency Analysis; 6.3 Dependency Analysis: Main Currents; 6.4 Dependency Analysis in Centre Countries: Some Issues; 6.5 The Rebirth of Dependency: Current Views Far and Wide; 6.6 Concluding Remarks; Notes; 7 Development Theory and Poverty; 7.1 Introduction; 7.2 The Appraisal of Poverty in the Economics of Development; 7.3 Measures of Absolute and Relative Poverty; 7.4 The Turn to Multi-Dimensional Well-Being and Poverty |
| Summary |
Development Economics has been identified as a homogeneous body of theory since the 1950s, concerned both with the study of development issues and with the shaping of more effective policies for less advanced economies. Development Economics in the Twenty-First Century brings together an international contributor team in order to explore the origins and evolution of development economics. This book highlights the different elements of 'high development theory' through a precise reconstruction of the different theoretical approaches that developed between the 1950s and the 1970s. These include the theory of balanced and unbalanced growth theory, the debate on international trade, the concept of dualism, dependency theory, structuralism and the analysis of poverty and institutions. The chapters highlight the relevance and usefulness of these analyses for the contemporary theoretical debate on development issues. Comparative perspectives are explored and analysed, including those of Keynes, Hirschman, Krugman and Stiglitz. The chapters situate development economics within current debates among economists and historians of economic thought, providing a platform for future research. This book is suitable for researchers and students with an interest in Development Economics, the History of Economic development and the Economics of Developing Countries.-- Provided by Publisher |
| Subject |
Development economics -- History -- 21st century
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BUSINESS & ECONOMICS -- Development -- Economic Development.
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Development economics
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| Genre/Form |
History
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| Form |
Electronic book
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| Author |
Sunna, Claudia, editor
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Gualerzi, Davide, editor
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| ISBN |
9781317219965 |
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1317219961 |
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