A modern guide to uneven economic development

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A modern guide to uneven economic development

edited by Erik S. Reinert, Ingrid Harvold Kvangraven

(Elgar modern guides)

Edward Elgar Pub., c2023

  • : cased

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Includes bibliographical references and index

Description and Table of Contents

Description

In contrast to neo-classical mainstream approaches to economics, this innovative Modern Guide addresses the complex reality of economic development as an inherently uneven process, exploring the ways of theorizing and empirically exploring the mechanisms with which the unevenness manifests itself. Advancing experience-based theories in the debate of economic development, this Modern Guide provides a qualitative, holistic and nuanced understanding of economic inequality by uniquely combining explanations from a large number of academic fields. It covers a wide array of issues influencing wealth and poverty, technological innovation, ecology and sustainability, financialization, population, gender and geography, and considers the dynamics of cumulative causations created by the interplay between these factors. By looking at falling real wages, world income distribution, and refugees and migrants in poorer regions, it ultimately explains why wealth and poverty are so unevenly distributed globally. The cutting-edge discussions in this Modern Guide will prove invaluable for students and scholars from a range of disciplines including economics and development studies. In today's world of 'single-issue management', the alternative theories of mutual influence in this book will prove useful to policy makers working across a variety of economic fields.

Table of Contents

Contents: Introduction: uneven development - addressing causes versus treating symptoms 1 Erik S. Reinert and Ingrid Harvold Kvangraven PART I NATURE-MADE VERSUS POLICY-MADE SOURCES OF UNEVEN DEVELOPMENT 1 Uneven economic development: identifying the blind spots of mainstream economics 19 Erik S. Reinert 2 Geography, uneven development and population density: attempting a non-ethnocentric approach to development 46 Erik S. Reinert, Salah Chafik and Xuan Zhao 3 Redirecting growth: inclusive, sustainable and innovation-led 71 Mariana Mazzucato and Carlota Perez PART II ASSUMPTIONS, ABSTRACTIONS AND APPROACHES TO UNEVEN DEVELOPMENT 4 Altered states: Cartesian and Ricardian dreams 108 Erik S. Reinert, Monica Di Fiore, Andrea Saltelli and Jerome R. Ravetz 5 Gender and uneven development 135 Lyn Ossome 6 Dependency theory: strengths, weaknesses, and its relevance today 147 Ingrid Harvold Kvangraven 7 The need to centre imperialism in studies of uneven development 171 Ingrid Harvold Kvangraven 8 Imperialism: a note on the unequal treaties of modern China and Japan 186 Xuan Zhao PART III UNDERSTANDING MECHANISMS THAT CREATE AND PREVENT INEQUALITY 9 Physiocracy, guillotines and antisemitism? Did economics emulate the wrong Enlightenment? 200 Andrea Saltelli and Erik S. Reinert 10 Technological retrogression and persistent poverty 218 Sylvi B. Endresen PART IV WHEN NATIONS AND SYSTEMS DECLINE AND COLLAPSE 11 When nations collapse: a note on Jacob Bielfeld's 'On the Decline of States' (1760) 238 Erik S. Reinert 12 Free trade with the former COMECON countries as unequal exchange 255 Marta Kuc-Czarnecka, Andrea Saltelli, Magdalena Olczyk and Erik S. Reinert 13 Escaping the poverty trap in China: the co-evolution of diversity in property and economic development 277 Ting Xu 14 Recent experiences of successful economic policies: the case of Uzbekistan 304 Vladimir Popov PART V FINANCE VERSUS THE REAL ECONOMY 15 Uneven development, financialised capitalism and subordination 332 Bruno Bonizzi, Annina Kaltenbrunner and Jeff Powell 16 Unequal growth and the single currency: the fiscal policy paradox 348 Jan Kregel PART VI ECOLOGY 17 Identifying ecologically unequal exchange in the world-system: implications for development 367 Alf Hornborg Conclusion: what are the important lessons from history? 389 Erik S. Reinert and Ingrid Harvold Kvangraven Index 406

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