Description
Book SynopsisThe decade of the 1980s represented a notable deviation from the widespread and significant development advances of the previous 30 years. This was reflected in an extensive re-examination of the theoretical and empirical bases of development economics.
This major new book - written by a group of distinguished economists - provides the new directions needed for confronting the continuing challenge of development. Lance Taylor, Joseph Stiglitz and Amitava Dutt focus primarily on recent theoretical developments and highlight significant advances in several areas especially in new structuralist and new neoclassical approaches. Ajit Singh, Keith Griffin and Kenneth Jameson present a refreshing perspective on the recent experience of developing countries and the prospects of development in coming decades.
The main thesis of the book is that the 1980s represented a clear break in the development processes, but the 1990s and beyond hold the possibility of a viable re-direction of development and development economics.
Trade Review'The quality of the work is significantly higher than in the average conference volume. It should be noted, however, that the present book aims to be more than yet another contribution to that species. As the editor argues in his Introduction, which is actually a manifesto, the book is intended to give birth to a new paradigm or, in somewhat less grandiloquent terms, a new direction in economics: analytical political economy.'Table of ContentsTwo issues in the state of development economics, Amitava Krishna Dutt; structuralist and competing approaches to development economics, Lance Taylor; alternative tactics and strategies for economic development, Joseph E. Stiglitz; the actual crisis of economic development in the 1980s - an alternative perspective for the future, Ajit Singh; grassroots development in the 1990s - can the development conundrum be resolved? Kenneth P. Jameson; suggestions for an international development strategy for the 1990s, Keith Griffin.
