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The new development economics : after the Washington Consensus / edited by Jomo K.S., Ben Fine.
- Format:
- Book
- Language:
- English
- Subjects (All):
- Development economics.
- Physical Description:
- xxiv, 304 pages : illustrations ; 25 cm
- Place of Publication:
- New Delhi : Tulika Books ; London ; New York : Zed Books ; New York : Distributed in the USA by Palgrave, 2006.
- Summary:
- Development economics emerged in the 1950s and, during its first quarter century, evolved in the context of both the Cold War and decolonization. The ascendance of free market conservatism in the west in the early 1980s was followed by the consolidation of the counter-revolution against the 'old' development economics, together with a corresponding promotion of neoliberal economic policies that came to be known as the Washington Consensus.
- Over the last decade or more, reaction against the Washington Consensus has gathered momentum, pioneered within mainstream economics by those who emphasize institutions and market imperfections, as opposed to the virtues of the market. The chapters in this book provide expert and critical, but readable and up-to-date, expositions of this 'new' development economics.
- A longer view of development economic thought is provided in the topics covered. Considerable emphasis is placed on the extent to which the insights of earlier thought on development have been abandoned. As such, the volume provides a critical introductory survey of the new development economics, invaluable to all interested in economics and development studies for academic, campaigning and policy purposes.
- Contents:
- Introduction: The Economics of Development and the Development of Economics / Ben Fine xv
- The New Development Economics / Ben Fine 1
- From Washington to Post-Washington Consensus: Illusions of Development / Elisa van Waeyenberge 21
- Kicking Away the Logic: Free Trade is Neither the Question Nor the Answer for Development / Sonali Deraniyagala, Ben Fine 46
- New Growth Theory: More Problem than Solution / Ben Fine 68
- Financial Programming and the IMF / Ben Fine 87
- The Developmental State and the Political Economy of Development / Ben Fine 101
- Analysis of Technology and Development: A Critical Review / Sonalideraniyagala 123
- Privatization Theory and Practice: A Critical Analysis of Policy Evolution in the Development Context / Kate Bayliss 144
- From Washington to Post-Washington Consensus: The Triumph of Human Capital / Pauline Rose 162
- Social Capital / John Harriss 184
- Corruption and Governance / Mushtaq Husain Khan 200
- Agriculture and Development: Towards a Critique of the 'New Neoclassical Development Economics' and of 'Neoclassical Neo-Populism' / Terence J. Byres 222
- Development and Geography: Current Debates in Historical Perspective / Hugh Goodacre 249
- Pioneers of Economic History / Dimitris Milonakis 269.
- Notes:
- Includes bibliographical references and index.
- ISBN:
- 1842776428
- 1842776436
- 8185229961
- OCLC:
- 60668321
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