Understanding development economics: its challenge to development studies
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
London [u.a.]
Routledge
2013
|
| Edition: | 1. publ. |
| Series: | Economics as social theory
35 |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis Klappentext |
| Physical Description: | XXIX, 354 S. |
| ISBN: | 9780415869829 9780415869836 |
Staff View
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Record in the Search Index
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|---|---|
| adam_text | Contents
List of abbreviations
xv
Preface
xvii
PARTI
Development economics: theory and its application
1
1
Ways to cope with development economics
3
Development as an issue: globalization and underdevelopment
4
Action and actors: the developers and what they do
8
The problem of development
10
Development economics and doing development
13
Conclusions
16
Questions for discussion
17
2
Evidence and positions: development economics
and its facts
19
The empirics of development
19
Development economists unstable views
21
The authority of an economic position
23
Is knowability a necessary assumption?
27
Conclusions
31
Questions far discussion
32
3
Interdisciplinary boundaries: the limits of economics
34
Universalism
and knowledge compartmentalization
34
For economists, why development economics?
36
The influence of context: an example
40
Conclusions
43
Questions for discussion
43
χ
Contents
4
How
DE
categorizes development: internal definitions
45
The central issue
45
The relationship between economic growth and development
47
Macroeconomics: year-by-year changes in levels of
GOP per capita
57
Conclusions
62
Questions far discussion
62
5
Toward better management of understandings:
internal and external critiques of mainstream
development economics
65
An internal critique: coping with the contingent
—
a case study
66
Assessments of economists explanations: epistemologies
and empirics
70
Conclusions
81
Questions far discussion
82
6
Coping with facts: how mainstream economists decide
on what is worth modeling
84
Economics as rhetoric
85
The sociology of economists
89
Changes in economists interests and the cutting edge
92
Conclusions
94
Questions far discussion
95
7
Established theories of economic growth:
standard theories and implications for policy and practice,
Part
1 97
Growth models: overview
97
Review of
NIA
98
Production functions
100
What is a model?
101
The Harrod-Domar model
102
Solow model
106
Conclusions
109
Questions far discussion
110
8
Established theories of economic growth:
standard theories and implications for policy and practice,
Part
2 112
Human capital and growth
113
What is meant by technical progress in endogenous growth models?
114
Contents xi
Externalities, technical progress, and growth
116
Total factor productivity
118
Total factor productivity and the East Asian miracle
120
Conclusions
121
Questions for discussion
122
9
Microfoundations
124
Background of microeconomics
128
Microeconomics and market failure
131
Markets and the failure of standard analytical methodology
137
Conclusions
140
Questions for discussion
141
10
Contemporary internal radicalism: the Washington
Consensus and after
143
The mainstream and the Washington Consensus: continuities
144
The Washington Consensus
147
The post-Washington Consensus
149
Conclusions
154
Questions for discussion
154
11
Alternative economic theories
156
Development economics and critique
158
Commoditization and ignorance: linking economics to critique
159
Beließ
about the nature of reality
160
Neo-institutional economics
162
Interpretations of perfect competition
164
Debates about the importance of realism in theoretical
assumptions
166
Conclusions
167
Questions for discussion
169
12
Other visions of the developing economy: uneven growth
and exclusion
171
Exclusion as more than poverty
172
Mainstream development economics: the rural and the urban
175
Rural-urban migration and the Harris and Todaro model
180
Conclusions
182
Questions for discussion
183
13
More visions of the developing economy: rural economy
185
Mainstream DE
and markets in agriculture
187
Land, labor, capital, and credit
190
xii Contents
Market
failure as an argument for rural economic institutions
193
Some alternative views
195
Conclusions
197
Questions for discussion
198
14
Determinants of economic policy in developing countries:
*
model and muddle revisited
200
Determinants of economic policy in developing countries
201
Veblen and his implications for modern developmentalism
202
Models, fads, and economic governance: the World Bank and
gap models
205
Socialization of risk and the heuristic emergence of economic
policy belief sets
207
Conclusions
210
Questions for discussion
210
15
Policy debacles and their legacies
212
Lesotho
213
Development economics and the Philippines
215
Conclusions
218
Questions for discussion
219
PART
H
Topics and issues
221
16
Poverty, inequality, and accounts of the impacts of
globalization
225
Economic inequality: measurement
225
Economic inequality: the
Lorenz
curve
227
Measuring inequality:
DE
and DS
228
Causality in economic inequality
230
Conclusions
234
Questions for discussion
234
17
The economics of factor markets in economic development
236
SEA and the big numbers
237
Markets as institutions
239
DE
and its treatment of credit
243
Conclusions
244
Questions for discussion
245
Contents xiii
18 Development
dogmas
and their histories
247
The European economic miracle
248
The East Asian economic miracle
250
Conclusions
255
Questions for discussion
256
19
Import substituting industrialization revisited
258
Trade policy: import substitution
259
The move from import substitution
261
ISI:
economics, political economy, and institutional stability
263
Conclusions
264
Questions for discussion
265
20
Globalization and economic development: some issues
267
The wider context to the economics of globalization
267
Mainstream
DE
and the economics of trade
268
Issues of globalization
269
Empirics relating to international economic interactions
270
Globalization and labor
272
Conclusions
273
Questions for discussion
274
21
Why East Asia?
275
The Cold War
276
East Asia and commodity chains
278
Conclusions
281
Questions for discussion
281
22
Experimental economics, the problem of empirics,
and the challenge to development studies
282
Introduction
282
An overview of experimental economics
285
A summary of standard positions within
DE, in
the light
of experimental economics
289
Experimental economics: empirical implications
296
Development studies challenged: prerequisites to challenges to
belief systems—
DE
and DS as contrasting examples
297
Conclusions
299
Questions for discussion
300
xiv Contents
23
Conclusions
302
Spin as part of
DE
arguments
303
Economics and metaphor
308
Confusion and its power
318
Question for discussion
320
List of special terms
323
References
329
Index
340
c o n o m i c s
Edited by Tony Lawson, University of Cambridge
By exploring the often tetchy and conflict-ridden boundaries between pure
economics and development practice, this book sheds important light on the strengths
and weaknesses of each, and should hefp both sides understand and learn better from
each other.
Duncan Green, Oxfam
Don t be deceived by appearances: not only is this a comprehensive, scholarly, and
practical textbook, it s also a rapprochement between the disciplines of development
economics and development studies. These two approaches to development are
too often separated ideologically, epistemologically and methodologically. Fforde s
informed mediation is both timely and welcome. A must read for undergraduates,
postgraduates and professional scholars with an interest in international development.
Prepare to be challenged!
Peter Case, James Cook University, Australia
Adam Fforde is a long-standing sceptic when it comes to development economics,
and in the wake of the global economic crisis he has written an important book
that not only challenges the orthodoxies of development economics but also shows
what development studies can learn by challenging the orthodoxies of development
economics. Students of development economics and development studies will both
benefit from engaging with the central arguments of Understanding Development
Economics. It is a book that deserves to be widely read.
Haroon Akram-Lodhi, Trent University, Canada
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 modeling, and the more discursive, practice-based approach favored
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.
Adam Fforde is a part-time Professorial Fellow at the Centre for Strategic Economic
Studies, Victoria University, Australia, and he holds an honorary position at the Asia
Institute of the University of Melbourne, Australia.
DEVELOPMENT
/
ECONOMICS
/
POLITICS
Cover image:
©
John
Kleinen
(Amsterdam)
ISBN
978-0-415-86982-9
9 780415 869829
an
informa business
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| spelling | Fforde, Adam 1953- Verfasser (DE-588)130601020 aut Understanding development economics its challenge to development studies Adam Fforde 1. publ. London [u.a.] Routledge 2013 XXIX, 354 S. txt rdacontent n rdamedia nc rdacarrier Economics as social theory 35 Wirtschaftsentwicklung Development economics Economic development Entwicklungsökonomie (DE-588)4213090-6 gnd rswk-swf Entwicklungsökonomie (DE-588)4213090-6 s DE-604 Erscheint auch als Online-Ausgabe 978-1-315-88177-5 Economics as social theory 35 (DE-604)BV026921763 35 Digitalisierung UB Bayreuth - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=026226000&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Bayreuth - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=026226000&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext |
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| subject_GND | (DE-588)4213090-6 |
| title | Understanding development economics its challenge to development studies |
| title_auth | Understanding development economics its challenge to development studies |
| title_exact_search | Understanding development economics its challenge to development studies |
| title_full | Understanding development economics its challenge to development studies Adam Fforde |
| title_fullStr | Understanding development economics its challenge to development studies Adam Fforde |
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| title_short | Understanding development economics |
| title_sort | understanding development economics its challenge to development studies |
| title_sub | its challenge to development studies |
| topic | Wirtschaftsentwicklung Development economics Economic development Entwicklungsökonomie (DE-588)4213090-6 gnd |
| topic_facet | Wirtschaftsentwicklung Development economics Economic development Entwicklungsökonomie |
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