The Palgrave Handbook of Development Economics: Critical Reflections on Globalisation and Development

Description

This Handbook responds to the needs and aspirations of current and future generations of development economists by providing critical reference material alongside or in relation to mainstream propositions. Despite the potential of globalisation in accelerating growth and development in low and middle-income countries through the spread of technology, knowledge and information, its current practice in many parts of the world has led to processes that are socially, economically and politically and ecologically unsustainable. It is critical for development economists to engage with the pivotal question of how to change the nature and course of globalisation to make it work for inclusive and sustainable development. Applying a critical and pluralistic approach, the chapters in this Handbook examine economics of development paths under globalisation, focusing on sustainable development in social, environmental, institutional and political economy dimensions. It aims at advancing the frontier of development economics in these key aspects and generating more refined policy perspectives. It is critically reflective in examining effects of globalisation on development paths to date, and in terms of methodological and analytical approaches, as well as forward-thinking in policy perspectives with a view to laying a foundation for sustainable development. Front Matter ....Pages i-xxxi Front Matter ....Pages 1-1 Introduction to the Handbook (Machiko Nissanke, José Antonio Ocampo)....Pages 3-26 Critical Reflections on Globalisation and Development and Challenges Ahead (Machiko Nissanke, José Antonio Ocampo)....Pages 27-58 Front Matter ....Pages 59-59 The History and Evolution of the Development Doctrine, 1950–2017 (Erik Thorbecke)....Pages 61-108 Structuralists, Structures, and Economic Development (Amitava Krishna Dutt)....Pages 109-141 Development Economics and Public Economics: Emerging Analytical Interface and Practical Policy Implications (Valpy FitzGerald)....Pages 143-175 The Process of Development: The Contribution of Régulation Theory (Robert Boyer)....Pages 177-227 Development as an Evolutionary Economic Process (Richard R. Nelson)....Pages 229-245 Feminist Economist’s Reflections on Economic Development: Theories and Policy Debates (Maria S. Floro)....Pages 247-277 Front Matter ....Pages 279-279 The Recent Growth Boom in Developing Economies: A Structural-Change Perspective (Xinshen Diao, Margaret McMillan, Dani Rodrik)....Pages 281-334 Income Inequality in Developing Countries, Past and Present (Rolph van der Hoeven)....Pages 335-376 The Distribution of Productive Assets and the Economics of Rural Development and Poverty Reduction (Michael R. Carter, Aleksandr Michuda)....Pages 377-408 Institutions and the Process of Industrialisation: Towards a Theory of Social Capability Development (Ha-Joon Chang, Antonio Andreoni)....Pages 409-439 Capability Approach and Human Development (Sakiko Fukuda-Parr, Ismael Cid-Martinez)....Pages 441-468 Front Matter ....Pages 469-469 Development Finance: Theory and Practice (Fernando Cardim de Carvalho†, Jan Kregel, Lavinia Barros de Castro, Rogério Studart)....Pages 471-505 Critical Reappraisal of the Aid-Debt-Growth Debate: Retrospect and Prospects for Low-Income Countries (Machiko Nissanke)....Pages 507-551 Labour Institutions and Development Under Globalization (Servaas Storm, Jeronim Capaldo)....Pages 553-587 Technology and Innovation for Sustainable Development (Raphael Kaplinsky)....Pages 589-626 Ecological Sustainability, Intergenerational Resource Transfer and Economic Development (Edward B. Barbier)....Pages 627-655 Front Matter ....Pages 657-657 Globalization in Historical Perspective (Deepak Nayyar)....Pages 659-695 Financial Globalization and Its Implications for Development (Ricardo Ffrench-Davis, Stephany Griffith-Jones)....Pages 697-726 Trade and Investment in the Era of Hyperglobalization (Elissa Braunstein, Piergiuseppe Fortunato, Richard Kozul-Wright)....Pages 727-762 International Migration and Development (Hania Zlotnik)....Pages 763-797 The International Monetary System and Economic Development (José Antonio Ocampo)....Pages 799-832 Global Public Goods and Governance for Addressing Sustainability (Inge Kaul)....Pages 833-865 Back Matter ....Pages 867-905