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Visiting-economists through Hirschman's eyes

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  • Ana Maria Bianchi

Abstract

Since the nineteenth century, Latin America and other poor areas of the world received periodical visits from missions of economic experts. This paper analyzes the picture that Hirschman draws of these money doctors, whose main task was to advise on the economic and financial reforms that were deemed necessary for economic development. Hirschman coins the expression 'visiting-economist syndrome' to criticize the work done by these money doctors. I discuss whether Hirschman, as a money doctor himself, was able to acquire immunity from the disease he feared.

Suggested Citation

  • Ana Maria Bianchi, 2011. "Visiting-economists through Hirschman's eyes," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 18(2), pages 217-242.
    • Handle: RePEc:taf:eujhet:v:18:y:2011:i:2:p:217-242
    DOI: 10.1080/09672560903318146
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    References listed on IDEAS

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    1. Michele Alacevich, 2009. "The Political Economy of the World Bank : The Early Years," World Bank Publications - Books, The World Bank Group, number 13807, December.
    2. Hirschman,Albert O., 1981. "Essays in Trespassing," Cambridge Books, Cambridge University Press, number 9780521282437.
    3. Sebastian Edwards, 2005. "Establishing Credibility: The Role of Foreign Advisors," NBER Working Papers 11429, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Ana Maria Bianchi, 2011. "Albert Hirschman and his controversial research report," Working Papers, Department of Economics 2011_03, University of São Paulo (FEA-USP).

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