Development: The Re-Balancing of Economic Powers

ISBN-13: 9783319548784 / Angielski / Twarda / 2018 / 172 str.

Giovanni Vaggi

Opis

This book provides a brief history of the notion of development and of the related policies. The book examines some well-known economic growth models from Harrod in 1939 to Solow in 1956, but it contends that contemporary issues on development can be better understood with the help of the founding fathers of economics, namely Smith and Marx.

Spis treści

1. In the Beginning There Was Economic Growth

2. Towards a Broader Definition of Development

3. The Economy Strikes Back: Convergence, Divergence and Imbalances

4. The Founding Fathers and the Long-Run Visions

5. Sustainable Reproduction, Use and Exchange values

6.  Making the Global Partnership Work

O autorze

Gianni Vaggi is Professor of Economics of Cooperation and Development and Director of the homonymous Master Program at the University of Pavia, Italy. He has coordinated several cooperation and development programs in the Middle East and in Sub-Saharan Africa and is Director of the UNESCO UNITWIN Network in International Cooperation and Development. He was awarded his PhD in Economics from the University of Cambridge, UK. His main fields of research are the history of economic thought and development economics. 

Blurb

This book provides a brief history of the concept of development and policies relating to it. Readers will find an overview of how development has been discussed and debates from 1950 to the present. The author argues that development is a dialectic relationship between people's empowerment and the existing social and economic structures.

Chapters examine well-known economic growth models from Harrod in 1939 to Solow in 1956, but it contends that contemporary issues on development can be better understood with the help of the founding fathers of economics, namely Smith and Marx. The work offers some examples of how to re-balance the existing economic powers with the problem of long-term financing for development in mind.