Perkins argues that development theory can be improved by
considering the causal effects of precapitalist structures in
developing countries on their transition to capitalism. Applying
French Structuralist analysis, she proposes a theoretical framework
tying production relations to key issues in development. The
opening chapters review and critique French structuralist thought.
The book also examines the structuralist theory of production
modes, the concept of economic calculation, a new theory of prices,
inflation in developing countries, and agricultural credit
expansion, export subsidies, tenancy and labor laws, and land
taxation. Finally, Perkins invites others to transcend the limits
of orthodox thinking and to seek creative solutions to the problems
of underdevelopment.
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