Origins of Development Economics by Kwame Sundaram Jomo
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Origins of Development Economics
By Kwame Sundaram Jomo

The Origins of Development Economics

How Schools of Economic Thought Have Addressed Development

Edited by See other recent books by Kwame Sundaram Jomo See other recent books by Erik S. Reinert
Format: Paperback

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Origins of Development Economics by Kwame Sundaram Jomo

Book Description

Historically much economic thought, especially until the 1960s, has been pre-occupied with the central concerns of development economics. It is thus contemporary mainstream economics - dominated by those with a touching faith in the virtues and infallibility of the market - that emerges as almost exceptional when viewed in longer term historical perspective. Although economics has gone through many changes over the centuries, the original developmental concerns of economists have persisted until relatively recently, ironically only diminishing as development economics emerged as a sub-discipline in the post-war period. This book reviews the history of economic thought to highlight these enduring developmental concerns in earlier economic discourses. This survey also shows that various schools of economic thought over the years have pointed to the role of the state in leading and coordinating economic transformation and progress. In the second half of the 20th century, often static, abstract and formal approaches displaced historically informed and institutionally nuanced discourses. Thus the narrow approaches of contemporary economics have marginalized greater appreciation of history and the other social sciences. After two introductory chapters by Erik Reinert and Tamas Szentes, Erik and Sophus Reinert offer three fascinating surveys of mercantilism, the Italian tradition associated with its city states, as well as the later German economic tradition. Mushtaq Khan then surveys the historical debate over capitalist transformation. Jaime Ros reviews the impact of modern growth theory on pioneering development economists, while Amitava Dutt considers the role of international trade in early development economics. Finally, Alfredo Saad Filho assesses Latin American structuralism and dependency theory.

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Book Details

ISBN: 9781842776476
ISBN-10: 1842776479
Format: Paperback
(239mm x 161mm x 11mm)
Pages: 224
Imprint: Zed Books Ltd
Publisher: Zed Books Ltd
Publish Date: 1-Sep-2005
Country of Publication: United Kingdom

Other Editions...


Books By Author Kwame Sundaram Jomo

Policy Matters by Kwame Sundaram Jomo Policy Matters, Paperback (March 2007)

Brings together the research on the MDGs' progress and reveals their major flaws. This book proposes long-term investment alternatives for education, health, and infrastructure. It reveals disparate problems faced by the UN in developing a coherent Development Agenda.

Flat World, Big Gaps by Kwame Sundaram Jomo Flat World, Big Gaps, Paperback (March 2007)

Offers a contribution to the attempt to move Development Economics beyond the dominant neo-liberal paradigm. This book brings together case-studies on every continent, from North America to Africa, by experts in their respective fields. It is suitable as a diverse resource for students and academics.

Manufacturing Competitiveness in Asia by Kwame Sundaram Jomo Manufacturing Competitiveness in Asia, Paperback (June 2006)

Studies industries and firms in East Asia and examines the major determinants of their economic performance. With contributions from such leading thinkers as Ha-Joon Chang and Rajah Rasiah, the book covers themes ranging from industrial policy and East Asia to the role of the government in technological capability building.

Rents, Rent-Seeking and Economic Development by Kwame Sundaram Jomo Rents, Rent-Seeking and Economic Development, Paperback (September 2000)

A critique of economic conventional wisdom about rent-seeking, corruption and the development process.

» View all books by Kwame Sundaram Jomo

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Author Biography - Kwame Sundaram Jomo

Jomo K.S. is director of economic development at the Department of Social and Economic Affairs (DESA), United Nations.

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Recent books by Kwame Sundaram Jomo close
Policy Matters by Kwame Sundaram Jomo
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