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Full Description
Important parts of development practice, especially in key institutions such as the World Bank, are dominated by economists. In contrast, Development Studies is largely based upon multidisciplinary work in which anthropologists, human geographers, sociologists, and others play important roles. Hence, a tension has arisen between the claims made by Development Economics to be a scientific, measurable discipline prone to wide usage of mathematical modelling, and the more discursive, practice based approach favoured by Development Studies.
The aim of this book is to show how the two disciplines have interacted, as well as how they differ. This is crucial in forming an understanding of development work, and to thinking about why policy recommendations can often lead to severe and continuing problems in developing countries.
This book introduces Development Economics to those coming from two different but linked perspectives; economists and students of development who are not economists. In both explaining and critiquing Development Economics, the book is able to suggest the implications of these findings for Development Studies, and more broadly, for development policy and its outcomes.
Contents
Part 1: Development Economics: Theory and its Application 1. Ways to Cope with Development Economics 2. Evidence and Positions 3. Interdisciplinary Boundaries: the Limits of Economics 4. Development Economics 5. Toward Better Management of Understanding 6. Coping with Facts 7. Established Theories of Economic Growth Part One 8. Established Theories of Economic Growth Part Two 9. Micro-foundations 10. Contemporary Internal Radicalism 11. Alternative Economic Theories 12. Other Visions of the Developing Economy 13. More Visions of the Developing Economy 14. Determinants of Economic Policy in Developing Countries 15. Policy Debacles and their Legacy Part Two: Topics and Issues 16. Poverty, Inequality and Accounts 17. The Economics of Factor Markets in Economic Development 18. Development Dogmas and their Histories 19. Import Substituting Industrialization Revisited 20. Globalization and Economic Development: Some Histories 21. Why East Asia? 22. Experimental economics, the problem of empirics, and the challenge to development studies 23. Conclusions
