A History of Development Economics Thought: Challenges and Counter-challenges

This book explores the history of economic development thought, with an emphasis on alternative approaches. If we loosely think of the evolution of development economics in terms of a series of crises that the established paradigm cannot resolve, the most significant shift in the last century was the Keynesian contribution to resolving the unemployment, and associated poverty, problem in the 1930s. This book charts the evolution of development economic thought from the early developmentalists, or structuralists, through to the neo- Marxist approach and radical development theory, the neo-liberal counter revolution and the debate between new developmentalists and neo-liberal scholars. It ends with an assessment of the state of the field today. This book will be of interest to all scholars and students interested in the evolution of development economics.