344 pages | 33 B/W Illus.
Following the 2007-2009 financial and economic crises, there has been an unprecedented demand among economics students for an alternative approach, which offers a historical, institutional and multidisciplinary treatment of the discipline. Economic development lends itself ideally to meet this demand, yet most undergraduate textbooks do not reflect this.
This book will fill this gap, presenting all the core material needed to teach development economics in a one semester course, whilst also addressing the need for a new economics and offering flexibility to instructors. Rather than taking the typical approach of organizing by topic, the book uses theories and debates to guide its structure. This will allow students to see different perspectives on key development questions, and therefore to understand more fully the contested nature of many key areas of development economics.
The book can be used as a standalone textbook on development economics, or to accompany a more traditional text.
1: Introduction: Overview
2: Should economic development be taught?
3: How much faith can we have in the data used?
4: How economic development knowledge is acquired?
5: Alternative perspectives on poverty and inequality
Part II. History and alternative approaches as solutions
6: Marx and development
7: Colonialism and neo-colonialism
8: Market failures and developmentalism
9: Government failure and neo-liberalism
10: Heterdox challenges to neo-liberalism: Rights based approaches to poverty alleviation
11: Heterodox challenges to neo-liberalism: Gender and development
12: Current state of the debate: A developmentalist challenge to neo-liberalism
Part III: Future challenges
13: Clean production and sustainable development
14: The challenge of automation