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Michele Alacevich - One of the best experts on this subject based on the ideXlab platform.

  • Theory and Practice in Development Economics
    History of Political Economy, 2017
    Co-Authors: Michele Alacevich
    Abstract:

    After World War II, a new disciplinary field called “Development Economics” emerged, as economists began to shape specific theories in order to address the practical problems they were facing in less developed countries. Theory arose out of practice, in the sense that the shaping of Development Economics theories involved learning in the field and developing new analyses and concepts out of this experience, not just taking ideas from other fields and applying them in a different context. During the 1950s the discipline prospered but, by the 1960s, it faced a crisis, for it came to be recognized that the experience of developing countries did not fit the models of Development that had been constructed, and many of the main policy prescriptions had clearly failed. The result was a complete reorientation of the discipline, in which “neoclassical Economics”, hitherto believed irrelevant to developing countries, became central. The field started to apply, systematically, tools such as cost-benefit analysis and input-output analysis; it also became much more formalized than it was before. The result of this transformation was a much more conventional application of theory to the problem of Development.This paper discusses the oscillating nature of Development Economics. The tension between theory and practice has never gone away.

  • Albert O. Hirschman and the Rise and Decline of Development Economics
    Research in the History of Economic Thought and Methodology, 2016
    Co-Authors: Michele Alacevich
    Abstract:

    Abstract This paper discusses the role of Albert O. Hirschman as a founder of Development Economics in the postwar years. Although Hirschman maintained a strong interest in Development matters throughout his entire professional career, his major contributions to Development Economics took place between the mid-1950s and the late 1960s. The paper examines Hirschman’s innovative contributions to the new discipline. When, in the 1950s, Development Economics gravitated around the concept of “balanced growth,” Hirschman opened new vistas with a theory of “unbalanced growth.” In the early 1960s, Hirschman focused on reformist political approaches to Development, against the opposed extremisms of reaction and revolution. Finally, in the late 1960s, Hirschman opened new perspectives on the importance of detailed analysis of Development projects, against the theoretical drift of early Development Economics. The discussion of Hirschman’s Development career is also an opportunity to observe the gap between theoretical debates and Development policies. Whereas Development economists often clashed on theoretical issues, their views were remarkably closer on practical questions. As a pioneer of Development Economics, Hirschman sought to establish it as a discipline theoretically distinct from mainstream Economics. By the 1980s, this project had collapsed, and the Development question was reabsorbed by the economic mainstream. This article, however, argues that current Development debates remain deeply indebted to Hirschman’s contribution. His reformist vision, rejection of one-size-fits-all solutions, his insistence on the ineluctable role of uncertainty, and his search for country-specific, incremental, and evolutionary policies make his approach central to current Development discourse.

  • Not a Knowledge Bank: The Divided History of Development Economics and Development Organizations
    Social Science History, 2016
    Co-Authors: Michele Alacevich
    Abstract:

    In the aftermath of World War II, the birth of Development Economics was paralleled by the growth of Development organizations, the most prominent of which was the World Bank. Not surprisingly, the paths of the Bank and of the pioneers of the new discipline often crossed, and it is fair to say that the Bank and the new discipline – from the perspective of the history and sociology of social sciences – are part of the same story. Indeed, one would think that the Bank was the natural place for the breeding of Development Economics. This seems coherent with the image we have of the Bank today: the reign of economists, endowed with resources for economic research which would “dwarf those of any university department or research institution working on Development Economics.” Yet, for most of the years when Development theory was shaped and advanced, the Bank, although very active in Development policies worldwide, was remarkably silent in the field of Development Economics. Other multilateral agencies such as the UN Secretariat and regional agencies, on the contrary, became important centers for the elaboration of Development theories addressing the problems of less developed countries. Based on previously untapped archival sources, this paper examines the different trajectories that Development Economics followed at the World Bank and other multilateral agencies. This will help reflect on how the history of Development Economics has intersected, has shaped, and has been shaped by, the history of Development organizations.

  • Early Development Economics Debates Revisited - Early Development Economics Debates Revisited
    Journal of The History of Economic Thought, 2008
    Co-Authors: Michele Alacevich
    Abstract:

    Development Economics in its early years created the image of a fierce fight between advocates of contrasting theories or approaches—“balanced growth” vs. “unbalanced growth,” or “program loans” vs. “project loans.” This view has the merit of highlighting such conflicts in great detail; yet, it fails to take into account the reality of Development Economics as it was practiced in the field. This paper reassesses these old conflicts by complementing the traditional focus on theoretical debates with an emphasis on the practice of Development Economics.

Fabio R. Chaddad - One of the best experts on this subject based on the ideXlab platform.

  • agroindustrialization of the global agrifood economy bridging Development Economics and agribusiness research
    Agricultural Economics, 2000
    Co-Authors: Michael L. Cook, Fabio R. Chaddad
    Abstract:

    This paper examines the agroindustrialization process from two supposedly disparate views: Development Economics and agribusiness research. The evolution of conceptual and methodological approaches emanating from these fields is explored and general observations are made concerning farm economic interdependence, institutional and organizational change, differing scopes of interest, the causes of agroindustrialization, orientation, and the choice of microanalytic tools, terminology, and unit of analysis. Despite an impressive list of hurdles, disincentives, and disconnects, complementarities between the two fields are identified. The paper concludes by exploring the potential of bridging Development Economics and agribusiness research to inform the future agroindustrialization research agenda. © 2000 Elsevier Science B.V. All rights reserved.

  • Agroindustrialization of the global agrifood economy: Bridging Development Economics and agribusiness research
    Agricultural Economics, 2000
    Co-Authors: Michael L. Cook, Fabio R. Chaddad
    Abstract:

    This paper examines the agroindustrialization process from two supposedly disparate views: Development Economics and agribusiness research. The evolution of conceptual and methodological approaches emanating from these fields is explored and general observations are made concerning farm economic interdependence, institutional and organizational change, differing scopes of interest, the causes of agroindustrialization, orientation, and the choice of microanalytic tools, terminology, and unit of analysis. Despite an impressive list of hurdles, disincentives, and disconnects, complementarities between the two fields are identified. The paper concludes by exploring the potential of bridging Development Economics and agribusiness research to inform the future agroindustrialization research agenda. (C) 2000 Elsevier Science B.V.

Daron Acemoglu - One of the best experts on this subject based on the ideXlab platform.

  • theory general equilibrium and political economy in Development Economics
    Journal of Economic Perspectives, 2010
    Co-Authors: Daron Acemoglu
    Abstract:

    I discuss the role of economic theory in empirical work in Development Economics with special emphasis on general equilibrium and political economy considerations. I argue that economic theory plays (should play) a central role in formulating models, estimates of which can be used for counterfactual and policy analysis. I discuss why counterfactual analysis based on microdata that ignores general equilibrium and political economy issues may lead to misleading conclusions. I illustrate the main arguments using examples from recent work in Development Economics and political economy.

Michael L. Cook - One of the best experts on this subject based on the ideXlab platform.

  • agroindustrialization of the global agrifood economy bridging Development Economics and agribusiness research
    Agricultural Economics, 2000
    Co-Authors: Michael L. Cook, Fabio R. Chaddad
    Abstract:

    This paper examines the agroindustrialization process from two supposedly disparate views: Development Economics and agribusiness research. The evolution of conceptual and methodological approaches emanating from these fields is explored and general observations are made concerning farm economic interdependence, institutional and organizational change, differing scopes of interest, the causes of agroindustrialization, orientation, and the choice of microanalytic tools, terminology, and unit of analysis. Despite an impressive list of hurdles, disincentives, and disconnects, complementarities between the two fields are identified. The paper concludes by exploring the potential of bridging Development Economics and agribusiness research to inform the future agroindustrialization research agenda. © 2000 Elsevier Science B.V. All rights reserved.

  • Agroindustrialization of the global agrifood economy: Bridging Development Economics and agribusiness research
    Agricultural Economics, 2000
    Co-Authors: Michael L. Cook, Fabio R. Chaddad
    Abstract:

    This paper examines the agroindustrialization process from two supposedly disparate views: Development Economics and agribusiness research. The evolution of conceptual and methodological approaches emanating from these fields is explored and general observations are made concerning farm economic interdependence, institutional and organizational change, differing scopes of interest, the causes of agroindustrialization, orientation, and the choice of microanalytic tools, terminology, and unit of analysis. Despite an impressive list of hurdles, disincentives, and disconnects, complementarities between the two fields are identified. The paper concludes by exploring the potential of bridging Development Economics and agribusiness research to inform the future agroindustrialization research agenda. (C) 2000 Elsevier Science B.V.

Jing Zhao - One of the best experts on this subject based on the ideXlab platform.

  • Rearch on Bilingual Teaching of Development Economics Graduate Course
    2010 International Conference on E-Business and E-Government, 2010
    Co-Authors: Jing Zhao
    Abstract:

    Using bilingual teaching in the graduate course Development Economics has great significance for training internationally competitive Economics professionals. First, the significance of bilingual teaching on graduate course Development Economics are described, and then the existing problems of bilingual education in Development Economics graduate courses are analyzed from four aspects including teachers, students, cultural backgrounds and teaching materials differences between Chinese and Western, and then the perfection methods of new teaching materials mode, teaching mode, assessment mode and teacher training mode are proposed.

  • ICEE - Rearch on Bilingual Teaching of Development Economics Graduate Course
    2010 International Conference on E-Business and E-Government, 2010
    Co-Authors: Jing Zhao
    Abstract:

    Using bilingual teaching in the graduate course Development Economics has great significance for training internationally competitive Economics professionals. First, the significance of bilingual teaching on graduate course Development Economics are described, and then the existing problems of bilingual education in Development Economics graduate courses are analyzed from four aspects including teachers, students, cultural backgrounds and teaching materials differences between Chinese and Western, and then the perfection methods of new teaching materials mode, teaching mode, assessment mode and teacher training mode are proposed.