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The Political Economy of Underdevelopment

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  • Bagchi,Amiya Kumar

Abstract

The division of the world into rich and poor nations, and the division within poor nations between a minority of rich people and a majority of poor people living at a minimum subsistence level, has been obvious to careful observers for a long time. This book gives an overview of the problems of underdevelopment confronting third-world countries, making use of both Marxist and neo-Keynesian methods of analysis. It makes clear the historical origins of these contemporary problems, particularly with reference to the major countries of Asia and Latin America, and discusses the ways in which inequalities, both within and between countries, are propaged and perpetuated. Other problems analysed are the typical patterns of fluctuating growth faced by third-world countries; the social structures in both rural and urban areas and their influence on the behaviour of governments and private investors in these countries; and environmental control and population planning issues faced by these countries. Finally, an introduction is provided to the planning methods adopted by most third-world countries and the hurdles such planning has encountered. The illustrations are drawn widely from among third-world countries.

Suggested Citation

  • Bagchi,Amiya Kumar, 1982. "The Political Economy of Underdevelopment," Cambridge Books, Cambridge University Press, number 9780521284042, December.
  • Handle: RePEc:cup:cbooks:9780521284042
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    Cited by:

    1. repec:eee:jouret:v:87:y:2011:i:s1:p:s53-s66 is not listed on IDEAS
    2. Sanjay Hansda, 2005. "Sustainability of Services-Led Growth: An Input Output Exploration of the Indian Economy," GE, Growth, Math methods 0512009, University Library of Munich, Germany.
    3. Dipak Ghosh, 2007. "The metamorphosis of Lewis's dual economy model," Journal of Economic Methodology, Taylor & Francis Journals, vol. 14(1), pages 5-25.
    4. Minoiu, Camelia & Reddy, Sanjay G., 2010. "Development aid and economic growth: A positive long-run relation," The Quarterly Review of Economics and Finance, Elsevier, vol. 50(1), pages 27-39, February.
    5. Alan Freeman, 2010. "Crisis and “law of motion” in economics: a critique of positivist Marxism," Research in Political Economy,in: The National Question and the Question of Crisis, volume 26, pages 211-250 Emerald Publishing Ltd.
    6. Shafaeddin, Mehdi, 2006. "Does trade openness helps or hinders industrialization?," MPRA Paper 4371, University Library of Munich, Germany.
    7. Tirthankar Roy, 2002. "Economic History and Modern India: Redefining the Link," Journal of Economic Perspectives, American Economic Association, vol. 16(3), pages 109-130, Summer.
    8. Shafaeddin, Mehdi, 2010. "Trade liberalization, industrialization and development; experience of recent decades," MPRA Paper 26355, University Library of Munich, Germany.
    9. Rajah Rasiah, 2012. "Beyond the Multi-Fibre Agreement: How are Workers in East Asia Faring?," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 4(3), pages 1-20, October.
    10. repec:mes:jeciss:v:41:y:2007:i:1:p:283-287 is not listed on IDEAS
    11. Juan Carlos Moreno Brid & Esteban Pérez Caldentey, 2010. "Trade and Economic Growth: A Latin American Perspective on Rhetoric and Reality," Chapters,in: Handbook of Alternative Theories of Economic Growth, chapter 20 Edward Elgar Publishing.
    12. Broadberry, Stephen N & Gupta, Bishnupriya, 2005. "Cotton Textiles and the Great Divergence: Lancashire, India and Shifting Competitive Advantage, 1600-1850," CEPR Discussion Papers 5183, C.E.P.R. Discussion Papers.
    13. Rahul Varman, 2008. "Debating with the Ideology of Globalisation," Working Papers id:1423, eSocialSciences.
    14. John Armour & Priya Lele, 2008. "Law, Finance, and Politics: The Case of India," Working Papers wp361, Centre for Business Research, University of Cambridge.
    15. Carlo Cristiano, 2009. "Keynes and India, 1909-1913: a study on foreign investment policy," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 16(2), pages 301-324.
    16. Freeman, Alan, 2009. "Marxism without Marx: a note towards a critique," MPRA Paper 48618, University Library of Munich, Germany, revised 17 Nov 2009.
    17. Mishra, SK, 2018. "On the Academic Making of Dr. Narmadeshwar Jha," MPRA Paper 87526, University Library of Munich, Germany.

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