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This book provides a brief history of the notion of development and
related policies. Readers will find an overview of the main
development notions and debates from 1950 to the 2015 Sustainable
Development Goals. The author argues that sustainable development
is equal to empowerment within a specific historical setting;
development is a dialectic relationship between people's
empowerment and the existing social and economic structures. The
book examines some well-known growth theories from Harrod in 1939
to contemporary debates views about the role of the state and the
market. Some major structural changes are also examined from
economic growth in Asia to international finance: the author
contends that contemporary issues on development can be better
understood with the help of the founding fathers of economics, from
the Mercantilist era to Marx. They help to understand the difficult
relationship between development and market forces within different
models of social and economic reproduction. The author contends
that the main development challenge is that of building a global
partnership in a system with enormous differences in economic
powers and offers some examples of how to re-balance the existing
economic powers particularly in trade and finance.
Some of the greatest thinkers in the history of economic thought
have been instrumental in advancing the study of development
economics. In this volume, leading scholars are brought together to
illuminate this tradition, with particular emphasis on the question
of growth and development. Divided into two parts, this collection
offers a blend of papers of history of economic thought and
development economics, and suggests that classical political
economy - that strand of thought which goes from Physiocracy to
Smith and to Ricardo and Marx - has a precise vision and indeed a
precise model of long term development. This book: examines the
influence that has been exerted by both pre-classical and classical
thought on modern day development economics provides a synthetic
analysis of the classical vision of growth and development from the
mercantilist era to physiocracy examines Adam Smith's contribution
to growth theory explores Marxian thinking and ideas, and the
political developments that gave rise to state functions in
post-war theory. Including contributions by well known authors such
as Eltis, Murphy and Kurz, this significant volume by one of the
premier historians of economic thought will be a valuable resource
for postgraduates and professionals in the fields of economic
history and political economy.
Some of the greatest thinkers in the history of economic thought
have been instrumental in advancing the study of development
economics. In this volume, leading scholars are brought together to
illuminate this tradition, with particular emphasis on the question
of growth and development. Divided into two parts, this collection
offers a blend of papers of history of economic thought and
development economics, and suggests that classical political
economy - that strand of thought which goes from Physiocracy to
Smith and to Ricardo and Marx - has a precise vision and indeed a
precise model of long term development. This book: examines the
influence that has been exerted by both pre-classical and classical
thought on modern day development economics provides a synthetic
analysis of the classical vision of growth and development from the
mercantilist era to physiocracy examines Adam Smith's contribution
to growth theory explores Marxian thinking and ideas, and the
political developments that gave rise to state functions in
post-war theory. Including contributions by well known authors such
as Eltis, Murphy and Kurz, this significant volume by one of the
premier historians of economic thought will be a valuable resource
for postgraduates and professionals in the fields of economic
history and political economy.
This book provides a brief history of the notion of development and
related policies. Readers will find an overview of the main
development notions and debates from 1950 to the 2015 Sustainable
Development Goals. The author argues that sustainable development
is equal to empowerment within a specific historical setting;
development is a dialectic relationship between people's
empowerment and the existing social and economic structures. The
book examines some well-known growth theories from Harrod in 1939
to contemporary debates views about the role of the state and the
market. Some major structural changes are also examined from
economic growth in Asia to international finance: the author
contends that contemporary issues on development can be better
understood with the help of the founding fathers of economics, from
the Mercantilist era to Marx. They help to understand the difficult
relationship between development and market forces within different
models of social and economic reproduction. The author contends
that the main development challenge is that of building a global
partnership in a system with enormous differences in economic
powers and offers some examples of how to re-balance the existing
economic powers particularly in trade and finance.
The author undertakes a new interpretation of physiocratic
economics and its contributions to the foundation of economic
science.
The author undertakes a new interpretation of physiocratic
economics and its contributions to the foundation of economic
science.
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