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Travelling with the GDP through early development economics’ history

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  • Speich, Daniel

Abstract

In the vast body of development theoretical knowledge one element has been of a considerable longevity: the abstraction of a Gross Domestic Product to represent a given economic entity. This paper suggests approaching the history of development thinking by travelling with the GDP through this discourse. The GDP has been contested as an indicator of economic development ever since it was first put to use in the 1940s. However, the specific mode of knowledge which is expressed in this abstraction has opened up a quite universally shared frame of reference in which a North-South-Divide became operational. The paper argues that GDP figures have become facts that travel easily across the globe because constant work is being undertaken to uphold the conditions for their mobility. Based on this observation the development endeavour can be located historically in a manifold constellation of the statistical acquisition of economic insight, political utopia, state intervention, the emerging prospect of economic planning in capitalist and noncapitalist systems and the quest for the international standardization of economic knowledge production.

Suggested Citation

  • Speich, Daniel, 2008. "Travelling with the GDP through early development economics’ history," Economic History Working Papers 22501, London School of Economics and Political Science, Department of Economic History.
    • Handle: RePEc:ehl:wpaper:22501
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    File URL: http://eprints.lse.ac.uk/22501/
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    Cited by:

    1. Morgan, Mary S., 2008. "‘On a mission' with mutable mobiles," Economic History Working Papers 22500, London School of Economics and Political Science, Department of Economic History.
    2. Rogelio Madrueño-Aguilar, 2017. "Global Income Distribution and the Middle-Income Strata: Implications for the World Development Taxonomy Debate," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 29(1), pages 1-18, January.

    More about this item

    JEL classification:

    • N0 - Economic History - - General
    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925

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