Understanding Development Economics
Its Challenge to Development Studies
By Adam Fforde
To Be Published November 7th 2013 by Routledge – 336 pages
Series: Economics as Social Theory
Important parts of development practice, especially in key institutions such as the
World Bank, are dominated by economists. In contrast, Development Studies is
largely based upon multidisciplinary work in which anthropologists, human
geographers, sociologists, and others play important roles.
Hence, a tension has arisen between the claims made by Development Economics to be a scientific, measurable discipline prone to wide usage of mathematical modelling to the more discursive, practice based approach favoured by Development Studies.
The aim of this book is to show how the two disciplines have interacted as well as how they differ. At the root of this are the implications for policy with the actual outcome of many recommendations leading to severe ongoing problems in developing countries.
Part 1: Development Economics: Theory and its Application 1. Ways to Cope with Development Economics 2. Evidence and Positions 3. Interdisciplinary Boundaries: the Limits of Economics 4. Development Economics 5. Toward Better Management of Understanding 6. Coping with Facts 7. Established Theories of Economic Growth Part One 8. Established Theories of Economic Growth Part Two 9. Micro-foundations 10. Contemporary Internal Radicalism 11. Alternative Economic Theories 12. Other Visions of the Developing Economy 13. More Visions of the Developing Economy 14. Determinants of Economic Policy in Developing Countries 15. Policy Debacles and their Legacy Part Two: Topics and Issues 16. Poverty, Inequality and Accounts 17. The Economics of Factor Markets in Economic Development 18. Development Dogmas and their Histories 19. Import Substituting Industrialization Revisited 20. Globalization and Economic Development: Some Histories 21. Why East Asia? 22. Conclusions
Adam Fforde is one of the most widely cited authors working on contemporary Vietnam. He holds an honorary position at the Asia Institute of the University of Melbourne and is part-time Professorial Fellow at the Centre for Strategic Economic Studies, Victoria University, Australia.