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Conference news-The need to rethink development economics
Mkandawire, Thandika Rodríguez,Virginia
Mkandawire, Thandika
Rodríguez,Virginia
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cn12e.pdf
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Abstract
"Conference participants prepared short papers on the following themes, which structured their discussions during the meeting: the decline of development economics; current intellectual trends; new challenges; regional perspectives; and strategies and future activities. This report is based on both oral presentations and written contributions. The conference papers and participants are listed at the end of this report. THEME ONE The Decline of Development Economics In their exchanges during the first session, conference participants analysed the reasons for the demise of development economics during the late 1970s and the 1980s. This provided the background for their subsequent discussions of why its revival is currently being urged or contemplated. The crisis of Keynesianism Up until the 1970s, problems of welfare and unemployment in developed countries, and those of poverty and underdevelopment in developing ones, were interpreted through the lenses of Keynesian economics and development economics , respectively. The presentations by Jayati Ghosh, Thandika Mkandawire, C.P. Chandrasekhar and Erinç Yeldan served to remind participants of the central tenets and preoccupations of development economics. In his background paper, Mkandawire argued that although there were few analytical commonalities between the Keynesian doctrine and that of development economics, the two approaches shared both critical views of neoclassical economic theory and acceptance of state intervention."(pg 1)
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2001-09-07
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With permission of the license/copyright holder