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Early Development Economics Debates Revisited

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  • ALACEVICH, MICHELE

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.

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  • Alacevich, Michele, 2011. "Early Development Economics Debates Revisited," Journal of the History of Economic Thought, Cambridge University Press, vol. 33(02), pages 145-171, June.
  • Handle: RePEc:cup:jhisec:v:33:y:2011:i:02:p:145-171_00
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    Cited by:

    1. Maria Savona, 2018. "Industrial policy for a Europeanindustrial renaissance. A few reflections," SPRU Working Paper Series 2018-07, SPRU - Science and Technology Policy Research, University of Sussex.

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