Handbook of Alternative Theories of Economic Development

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

Table of Contents:
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

About the Author :
Edited by Erik S. Reinert, Honorary Professor, UCL Institute for Innovation and Public Purpose (IIPP), University College London, UK and Adjunct Professor of Technology Governance and Development Strategies, TalTech, Estonia, Jayati Ghosh, University of Massachusetts Amherst, US and Rainer Kattel, Professor of Innovation and Public Governance and Deputy Director, Institute for Innovation and Public Purpose, University College London, UK

Review :
'This collection provides some useful insights into the reality of development processes for practitioners in local development.' --Local Economy