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Some issues in development economics
Helleiner, Gerry
Helleiner, Gerry
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helleine.pdf
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"I suspect that it may not be productive to try to resurrect the "grand theorizing" of the early "greats" (Lewis, Nurkse, Rosenstein-Rodan, Hirschman, etc.) in development economics or to try to build upon the "new growth" literature. This material is far too general to have much policy influence. In my postgraduate development economics reading list I used to incorporate it all under a heading of "What every student of development economics should know but is most unlikely ever to use"! My instinct is to try to build greater respect for and competence in applied economics - in a variety of fields (public finance, money, trade, open-economy-macro, health, etc.) - with particular reference to developing economies, in all their institutional, cultural, political and historical variety. Good "development economics" , in practice, is good applied economics in a variety of different specialisations and contexts. And recognition of and allowance for the variety of contexts is what distinguishes the good development economist from the weak one."(pg 1)
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2001-09-07
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With permission of the license/copyright holder