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?David presents a balanced survey of theoretical approaches to economic development. After a brief discussion of the orthodox models for advanced countries, he summarizes the orthodox approach to development, focusing on the broad underlying assumptions and expectations, rather than on specific models. He then discusses some perceived anomalies.... The book concludes with summaries of four theoretical approaches to explain economic inequality, three structuralist and one Marxist. The material is clearly presented with an extensive bibliography, a short index, and a minimum of mathematical material. This brief overview of a large area of economic thought is a useful guide for readers unfamiliar with the various issues and approaches to development economics.?-Choice
Wilfred L. David makes a plea for the fundamental reorientation of the economics that guide conventional development discourse, moving toward an emancipatory conversation focusing on human well-being or people-centred liberation.
Using insights from the history of ideas, economic history, philosophy and political economy, this text investigates the belief patterns underlying alternative perspectives of development thought and policy. It discusses differing theories and models, showing how development economics has evolved.
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