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Handbook of Alternative Theories of Economic Development

Edited by Erik S. Reinert, Professor of Technology Governance and Development Strategies, Tallinn University of Technology, Estonia and head, The Other Canon Foundation, Norway, Jayati Ghosh, Professor, Centre for Economic Studies and Planning, Jawaharlal Nehru University, India and Rainer Kattel, Professor of Innovation Policy and Technology Governance, Tallinn University of Technology, Estonia
The Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today’s mainstream and neo-classical tenets. With a total of more than 40 specially commissioned chapters, written by the foremost authorities in their respective fields, this volume represents a landmark in the field of economic development. It elucidates the richness of the alternative and sometimes misunderstood ideas which, in different historical contexts, have proved to be vital to the improvement of the human condition.
Extent: 848 pp
Hardback Price: $399.95 Web: $359.95
Publication Date: 2016
ISBN: 978 1 78254 466 1
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  • Development Studies
  • Development Economics
  • Development Studies
  • Economics and Finance
  • Development Economics
  • Economic History
The Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today’s mainstream and neo-classical tenets. With a total of 40 specially commissioned chapters, written by the foremost authorities in their respective fields, this volume represents a landmark in the field of economic development. It elucidates the richness of the alternative and sometimes misunderstood ideas which, in different historical contexts, have proved to be vital to the improvement of the human condition.
 
The subject matter is approached from several complementary perspectives. From a historical angle, the Handbook charts the mercantilist and cameralist theories that emerged from the Renaissance and developed further during the Enlightenment. From a geographical angle, it includes chapters on African, Chinese, Indian, and Muslim approaches to economic development. Different schools are also explored and discussed including nineteenth century US development theory, Marxist, Schumpeterian, Latin American structuralism, regulation theory and world systems theories of development. In addition, the Handbook has chapters on important events and institutions including The League of Nations, The Havana Charter, and UNCTAD, as well as on particularly influential development economists. Contemporary topics such as the role of finance, feminism, the agrarian issue, and ecology and the environment are also covered in depth.
 
This comprehensive Handbook offers an unrivalled review and analysis of alternative and heterodox theories of economic development. It should be read by all serious scholars, teachers and students of development studies, and indeed anyone interested in alternatives to development orthodoxy.
Contributors: M. Alacevich, R. Arocena, J.G. Backhaus, E.B. Barbier, R. Bielschowsky, C.N. Biltoft, R. Boyer, L. Burlamaqui, C.P. Chandrasekhar, M. Cimoli, A.M. Daastøl, G. Derluguian, W. Drechsler, S. Endresen, M.S. Erkek, M.S. Floro, J. Ghosh, J.-C. Graz, J.P. Hochard, I. Ianos, P. Jha, A. Kadri, R. Kattel, J.A. Kregel, B.-Å. Lundvall, A.C. Macedo e Silva, J.A. Mathews, L. Mjøset, S. Moyo, R.R. Nelson, G. Omkarnath, E. Özveren, J.G. Palma, P. Patnaik, G. Porcile, E.S. Reinert, S.A. Reinert, P.R. Rössner, A. Saltelli, M. Shafaeddin, A. Singh, I.G. Shivji, J. Sutz, Y. Tandon, E. Thurbon, F. Tregenna, H.S. Ünal, L. Weiss, T. Xu, P. Yeros, X. Zhao

Contents:

Introduction
Erik S. Reinert, Rainer Kattel and Jayati Ghosh

PART I DEVELOPMENT THINKING ACROSS HISTORY AND GEOGRAPHY
1. Giovanni Botero (1588) and Antonio Serra (1613): Italy and The Birth of Development Economics
Erik S. Reinert

2. Economic Emulation and the Politics of International Trade in Early Modern Europe
Sophus A. Reinert

3. Cameralism and the German Tradition of Development Economics
Erik S. Reinert and Philipp R. Rössner

4. Friedrich List: The International Dynamics of Mindpower
Arno Mong Daastøl

5. Kathedersozialismus and the German Historical School
Wolfgang Drechsler

6. Chinese Development Thinking
Ting Xu

7. The Economic Cycle of Imperial China and Its Development
Xuan Zhao

8. Islam and Capitalism: Military Routs, not Formal Institutions
Ali Kadri

9. Unity and Diversity in the Ottoman School of National Economy: A Reappraisal of Ziya Gökalp and Ethem Nejat
Eyüp Özveren, Mehmet Salih Erkek and Hüseyin Safa Ünal

10. Indian Development Thinking
Goddanti Omkarnath

11. Latin American Structuralism: The Co-Evolution of Technology, Structural Change and Economic Growth
Mario Cimoli and Gabriel Porcile

12. Revisiting the Debate on National Autonomous Development in Africa
Issa G. Shivji

13. Development as the Struggle for Liberation from Hegemonic Structures of Domination and Control
Yash Tandon

14. The League of Nations and Alternative Economic Perspectives
Carolyn N. Biltoft

15. The Havana Charter: When State and Market Shake Hands
Jean-Christophe Graz

16. The UNCTAD System of Political Economy
Ricardo Bielschowsky and Antonio Carlos Macedo e Silva

PART II APPROACHES TO UNDERSTANDING DEVELOPMENT
17. Marxist Theory and the “Underdeveloped Economies”
Prabhat Patnaik

18. Economic Development as an Evolutionary Process
Richard B. Nelson

19. Classical Development Economists of the Midtwentieth Century
Rainer Kattel, Jan A. Kregel and Erik S. Reinert

20. Development and Régulation Theory
Robert Boyer

21. The “Dependency School” and its Aftermath: Why Latin America’s Critical Thinking Switched from One Type of Absolute Certainties to Another
José Gabriel Palma

22. Feminist Approaches to Development
Maria Sangrario Floro

23. Reading Freeman when Ladders for Development are Gone
Rodrigo Arocena and Judith Sutz

24. Albert O. Hirschman
Michele Alacevich

25. Michal Kalecki
Jayati Ghosh

PART III ISSUES IN DEVELOPMENT
26. The Agrarian Question and Trajectories of Economic Transformation: A Perspective from the South
Sam Moyo, Praveen Jha and Paris Yeros

27. The Effective Demand Approach to Economic Development
Jan A. Kregel

28. Development Planning
C.P. Chandrasekhar

29. The Nordic Route to Development
Lars Mjøset

30. Competitiveness and Development: A Schumpeterian Approach
Mehdi Shafaeddin

31. Innovation Systems and Development: History, Theory and Challenges
Bengt-Åke Lundvall

32. Latecomer Industrialisation
John A. Mathews

33. The Developmental State in the Late Twentieth Century
Elizabeth Thurbon and Linda Weiss

34. Development, Ecology and the Environment
Edward B. Barbier and Jacob P. Hochard

35. Competition, Competition Policy, Competitiveness, Globalisation and Development
Ajit Singh

36. Knowledge Governance: Intellectual Property Management for Development and the Public Interest
Leonardo Burlamaqui

37. Legal Structures and Economic Development: Towards an Ideal Economic Analysis of a Legal Problem
Jürgen G. Backhaus

38. Deindustrialisation and Premature Deindustrialisation
Fiona Tregenna

39. The Post-Soviet Industrial Extinctions and the Rise of Jihadi Terrorism in the North Caucasus
Georgi Derluguian

40. Epilogue: The Future of Economic Development between Utopias and Dystopias
Erik S. Reinert, Sylvi Endresen, Ioan Ianos and Andrea Saltelli

Index