The origins of development economics : how schools of economic thought have addressed development

Bibliographic Information

The origins of development economics : how schools of economic thought have addressed development

edited by Jomo K.S., Erik S. Reinert

Tulika Books , Zed Books, 2005

  • : Tulika Books
  • : Zed Books : pb
  • : Zed Books : hb

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

Historically much economic thought, especially until the 1960s, has been pre-occupied with the central concerns of development economics. It is thus contemporary mainstream economics - dominated by those with a touching faith in the virtues and infallibility of the market - that emerges as almost exceptional when viewed in longer term historical perspective. Although economics has gone through many changes over the centuries, the original developmental concerns of economists have persisted until relatively recently, ironically only diminishing as development economics emerged as a sub-discipline in the post-war period. This book reviews the history of economic thought to highlight these enduring developmental concerns in earlier economic discourses. This survey also shows that various schools of economic thought over the years have pointed to the role of the state in leading and coordinating economic transformation and progress. In the second half of the 20th century, often static, abstract and formal approaches displaced historically informed and institutionally nuanced discourses. Thus the narrow approaches of contemporary economics have marginalized greater appreciation of history and the other social sciences. After two introductory chapters by Erik Reinert and Tamas Szentes, Erik and Sophus Reinert offer three fascinating surveys of mercantilism, the Italian tradition associated with its city states, as well as the later German economic tradition. Mushtaq Khan then surveys the historical debate over capitalist transformation. Jaime Ros reviews the impact of modern growth theory on pioneering development economists, while Amitava Dutt considers the role of international trade in early development economics. Finally, Alfredo Saad Filho assesses Latin American structuralism and dependency theory.

Table of Contents

1. Introduction 2. The Development of Development Economics - Tamas Szentes 3. Mercantilism as Development Economics and Structural Change - Erik Reinert 4. The Italian Tradition of Political Economy - Sophus Reinert 5. German Economics as Development Economics - Erik Reinert 6. Capitalist Transformation - M. H. Khan 7. The Classical Surplus Approach - Franklin Serrano 8. The Pioneers of Development Economics and Modern Growth Theory - Jaime Ros 9. International Trade In Early Development Economics - Amitava Dutt

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Details

  • NCID
    BA7580008X
  • ISBN
    • 8185229988
    • 9781842776476
    • 1842776460
  • LCCN
    2006295861
  • Country Code
    ii
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    New Delhi,London
  • Pages/Volumes
    xxii, 165 p.
  • Size
    24 cm
  • Classification
  • Subject Headings
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