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Economic development and the revival of the classical surplus approach

Serrano,Franklin
Medeiros, Carlos
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Abstract
"In this note we describe how we have been trying to rethink development economics in our own research programme and teaching (both graduate and undergraduate) practice in the Instituto de Economia at the Universidade Federal do Rio de Janeiro, Brazil (that is why all references here are to our own works1). Over the last few years we have been rethinking development economics adopting the standpoint of the Classical Surplus Approach, in the form in which this approach has been revived and modernised by Piero Sraffa and Pierangelo Garegnani since the early sixties. That, of course is not a fashionable route nowadays, and to our knowledge is not adopted elsewhere in Latin America at all, but it should perhaps be noted that this was the perspective taken by a fine theorist, historian of thought and development economist: the late Krishna Bharadwaj."(pg 2)
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Preprint
Date
2001-09-07
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With permission of the license/copyright holder
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