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Handbook of Alternative Theories of Economic Development
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 more than 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.
More Information
Critical Acclaim
Contributors
Contents
More Information
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.
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.
Critical Acclaim
‘This collection provides some useful insights into the reality of development processes for practitioners in local development.’
– Local Economy
– Local Economy
Contributors
Contributors: M. Alacevich, R. Arocena, J.G. Backhaus, E.B. Barbier, R. Bielschowsky, C.N. Biltoft, R. Boyer, L. Burlamaqui, C.P. Chandrasekhar, M. Cimoli, A.M. Daastøl, G. Derluguian, W. Drechsler, S. Endresen, M.S. Erkek, M.S. Floro, J. Ghosh, J.-C. Graz, J.P. Hochard, I. Ianos, P. Jha, A. Kadri, R. Kattel, J.A. Kregel, B.-Å. Lundvall, A.C. Macedo e Silva, J.A. Mathews, L. Mjøset, S. Moyo, R.R. Nelson, G. Omkarnath, E. Özveren, J.G. Palma, P. Patnaik, G. Porcile, E.S. Reinert, S.A. Reinert, P.R. Rössner, A. Saltelli, M. Shafaeddin, A. Singh, I.G. Shivji, J. Sutz, Y. Tandon, E. Thurbon, F. Tregenna, H.S. Ünal, L. Weiss, T. Xu, P. Yeros, X. Zhao
Contents
Contents:
Introduction
Erik S. Reinert, Rainer Kattel and Jayati Ghosh
PART I DEVELOPMENT THINKING ACROSS HISTORY AND GEOGRAPHY
1. Giovanni Botero (1588) and Antonio Serra (1613): Italy and The Birth of Development Economics
Erik S. Reinert
2. Economic Emulation and the Politics of International Trade in Early Modern Europe
Sophus A. Reinert
3. Cameralism and the German Tradition of Development Economics
Erik S. Reinert and Philipp R. Rössner
4. Friedrich List: The International Dynamics of Mindpower
Arno Mong Daastøl
5. Kathedersozialismus and the German Historical School
Wolfgang Drechsler
6. Chinese Development Thinking
Ting Xu
7. The Economic Cycle of Imperial China and Its Development
Xuan Zhao
8. Islam and Capitalism: Military Routs, not Formal Institutions
Ali Kadri
9. Unity and Diversity in the Ottoman School of National Economy: A Reappraisal of Ziya Gökalp and Ethem Nejat
Eyüp Özveren, Mehmet Salih Erkek and Hüseyin Safa Ünal
10. Indian Development Thinking
Goddanti Omkarnath
11. Latin American Structuralism: The Co-Evolution of Technology, Structural Change and Economic Growth
Mario Cimoli and Gabriel Porcile
12. Revisiting the Debate on National Autonomous Development in Africa
Issa G. Shivji
13. Development as the Struggle for Liberation from Hegemonic Structures of Domination and Control
Yash Tandon
14. The League of Nations and Alternative Economic Perspectives
Carolyn N. Biltoft
15. The Havana Charter: When State and Market Shake Hands
Jean-Christophe Graz
16. The UNCTAD System of Political Economy
Ricardo Bielschowsky and Antonio Carlos Macedo e Silva
PART II APPROACHES TO UNDERSTANDING DEVELOPMENT
17. Marxist Theory and the “Underdeveloped Economies”
Prabhat Patnaik
18. Economic Development as an Evolutionary Process
Richard B. Nelson
19. Classical Development Economists of the Midtwentieth Century
Rainer Kattel, Jan A. Kregel and Erik S. Reinert
20. Development and Régulation Theory
Robert Boyer
21. The “Dependency School” and its Aftermath: Why Latin America’s Critical Thinking Switched from One Type of Absolute Certainties to Another
José Gabriel Palma
22. Feminist Approaches to Development
Maria Sangrario Floro
23. Reading Freeman when Ladders for Development are Gone
Rodrigo Arocena and Judith Sutz
24. Albert O. Hirschman
Michele Alacevich
25. Michal Kalecki
Jayati Ghosh
PART III ISSUES IN DEVELOPMENT
26. The Agrarian Question and Trajectories of Economic Transformation: A Perspective from the South
Sam Moyo, Praveen Jha and Paris Yeros
27. The Effective Demand Approach to Economic Development
Jan A. Kregel
28. Development Planning
C.P. Chandrasekhar
29. The Nordic Route to Development
Lars Mjøset
30. Competitiveness and Development: A Schumpeterian Approach
Mehdi Shafaeddin
31. Innovation Systems and Development: History, Theory and Challenges
Bengt-Åke Lundvall
32. Latecomer Industrialisation
John A. Mathews
33. The Developmental State in the Late Twentieth Century
Elizabeth Thurbon and Linda Weiss
34. Development, Ecology and the Environment
Edward B. Barbier and Jacob P. Hochard
35. Competition, Competition Policy, Competitiveness, Globalisation and Development
Ajit Singh
36. Knowledge Governance: Intellectual Property Management for Development and the Public Interest
Leonardo Burlamaqui
37. Legal Structures and Economic Development: Towards an Ideal Economic Analysis of a Legal Problem
Jürgen G. Backhaus
38. Deindustrialisation and Premature Deindustrialisation
Fiona Tregenna
39. The Post-Soviet Industrial Extinctions and the Rise of Jihadi Terrorism in the North Caucasus
Georgi Derluguian
40. Epilogue: The Future of Economic Development between Utopias and Dystopias
Erik S. Reinert, Sylvi Endresen, Ioan Ianos and Andrea Saltelli
Index
Introduction
Erik S. Reinert, Rainer Kattel and Jayati Ghosh
PART I DEVELOPMENT THINKING ACROSS HISTORY AND GEOGRAPHY
1. Giovanni Botero (1588) and Antonio Serra (1613): Italy and The Birth of Development Economics
Erik S. Reinert
2. Economic Emulation and the Politics of International Trade in Early Modern Europe
Sophus A. Reinert
3. Cameralism and the German Tradition of Development Economics
Erik S. Reinert and Philipp R. Rössner
4. Friedrich List: The International Dynamics of Mindpower
Arno Mong Daastøl
5. Kathedersozialismus and the German Historical School
Wolfgang Drechsler
6. Chinese Development Thinking
Ting Xu
7. The Economic Cycle of Imperial China and Its Development
Xuan Zhao
8. Islam and Capitalism: Military Routs, not Formal Institutions
Ali Kadri
9. Unity and Diversity in the Ottoman School of National Economy: A Reappraisal of Ziya Gökalp and Ethem Nejat
Eyüp Özveren, Mehmet Salih Erkek and Hüseyin Safa Ünal
10. Indian Development Thinking
Goddanti Omkarnath
11. Latin American Structuralism: The Co-Evolution of Technology, Structural Change and Economic Growth
Mario Cimoli and Gabriel Porcile
12. Revisiting the Debate on National Autonomous Development in Africa
Issa G. Shivji
13. Development as the Struggle for Liberation from Hegemonic Structures of Domination and Control
Yash Tandon
14. The League of Nations and Alternative Economic Perspectives
Carolyn N. Biltoft
15. The Havana Charter: When State and Market Shake Hands
Jean-Christophe Graz
16. The UNCTAD System of Political Economy
Ricardo Bielschowsky and Antonio Carlos Macedo e Silva
PART II APPROACHES TO UNDERSTANDING DEVELOPMENT
17. Marxist Theory and the “Underdeveloped Economies”
Prabhat Patnaik
18. Economic Development as an Evolutionary Process
Richard B. Nelson
19. Classical Development Economists of the Midtwentieth Century
Rainer Kattel, Jan A. Kregel and Erik S. Reinert
20. Development and Régulation Theory
Robert Boyer
21. The “Dependency School” and its Aftermath: Why Latin America’s Critical Thinking Switched from One Type of Absolute Certainties to Another
José Gabriel Palma
22. Feminist Approaches to Development
Maria Sangrario Floro
23. Reading Freeman when Ladders for Development are Gone
Rodrigo Arocena and Judith Sutz
24. Albert O. Hirschman
Michele Alacevich
25. Michal Kalecki
Jayati Ghosh
PART III ISSUES IN DEVELOPMENT
26. The Agrarian Question and Trajectories of Economic Transformation: A Perspective from the South
Sam Moyo, Praveen Jha and Paris Yeros
27. The Effective Demand Approach to Economic Development
Jan A. Kregel
28. Development Planning
C.P. Chandrasekhar
29. The Nordic Route to Development
Lars Mjøset
30. Competitiveness and Development: A Schumpeterian Approach
Mehdi Shafaeddin
31. Innovation Systems and Development: History, Theory and Challenges
Bengt-Åke Lundvall
32. Latecomer Industrialisation
John A. Mathews
33. The Developmental State in the Late Twentieth Century
Elizabeth Thurbon and Linda Weiss
34. Development, Ecology and the Environment
Edward B. Barbier and Jacob P. Hochard
35. Competition, Competition Policy, Competitiveness, Globalisation and Development
Ajit Singh
36. Knowledge Governance: Intellectual Property Management for Development and the Public Interest
Leonardo Burlamaqui
37. Legal Structures and Economic Development: Towards an Ideal Economic Analysis of a Legal Problem
Jürgen G. Backhaus
38. Deindustrialisation and Premature Deindustrialisation
Fiona Tregenna
39. The Post-Soviet Industrial Extinctions and the Rise of Jihadi Terrorism in the North Caucasus
Georgi Derluguian
40. Epilogue: The Future of Economic Development between Utopias and Dystopias
Erik S. Reinert, Sylvi Endresen, Ioan Ianos and Andrea Saltelli
Index
