The global financial and economic crisis starting in 2007 has
provoked the exploration of alternatives to neo-liberalism.
Although neo-liberalism has been critiqued from various
perspectives, these critiques have not coalesced into a concrete
alternative in development economics literature. The main objective
of this book is to name and formulate this alternative, identify
what is new about this viewpoint, and project it on to the academic
landscape.
This book includes contributions from many prominent development
economists who are unified by a form of "developmental pragmatism."
Their concern is with the problems of development that preoccupied
the pioneers of economic development in the mid-twentieth century,
known as the developmentalists. Like the developmentalists, the
contributors to Towards New Developmentalism are policy-oriented
and supportive of institutional development and engagement with
economic globalization. This collection has an over-arching concern
with promoting social justice, and holds the general view of the
market as the means to affecting an alternative program of
development rather than as a master whose dictates are to be obeyed
without question.
This important collection sets the agenda for new
developmentalism, drawing on issues such as industrial policy,
technology, competition, growth and poverty. In broad terms, the
economic development debate is cast in terms of whether the market
is the master, an ideological neo-liberal perspective, or the means
to affect change as suggested by the pragmatic perspective that is
being termed neo-developmentalism. This book will be valuable
reading to postgraduates and researchers specialising in the area
of development studies including within economics, international
relations, political science and sociology.
General
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