Development and Paradigms

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  • Topic: Economics, Development economics, Dependency theory
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  • Published : March 4, 2013
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WEEK TWO: DEVELOPMENT PARADIGMS & THEORIES

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The study of development is large and contains many different viewpoints and academic disciplines. You will need to understand the difference between modernisation theory and dependency theory for any future study of development. -------------------------------------------------

These two approaches were both built on classical studies of economics, have been superseded by refined versions in both economics (as Development Economics) and more interdisciplinary approaches to Development Studies. -------------------------------------------------

I will try to make these as simple as possible for you in the lecture, but once you’ve grasped the basics it is important to undertake further reading, as these are themes that we will keep referring back to. -------------------------------------------------

The material is quite old (again – don’t worry it gets newer as we go through the course!), but this is because you need to know what was said about these theories at a crucial time. The recommended texts from the module handbook also contain summaries of these (as do many other general Development Studies textbooks). Diana Hunt, Economic Theories of Development : An analysis of competing paradigms, New York & London, Harvester Wheatsheaf, 1989. For week 4 see, especially, chapter 2 ‘The Theoretical Heritage’ and 3 ‘The Theoretical Debate in Development Economics from the 1940s: an Overview’. For week 5, see chapter 5 ‘The Structuralist Paradigm’ and chapter 7 ‘Dependency Analysis: The Seeds of a new Paradigm?’. Thomas Klak, ‘World-systems theory: centres, peripheries and semi-peripheries’ in Vandana Desai and Robert B. Potter, The Companion to Development Studies, London, Arnold Publishing, 2002. Charles Wilber and Kenneth Jameson, The Political Economy of Development and Underdevelopment, Fifth Edition, McGraw-Hill, 1992. See chapter 2 ‘The Misconceptions of...
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