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Size matters

The Need for Human-Scale Economic Institutions for Development

Bibliographic Data

ID3886941
AuthorsJulian Oram (New Economics Foundation , 3 Jonathan Street, London, SE11 5NH, UK), Deborah Doane (New Economics Foundation , 3 Jonathan Street, London, SE11 5NH, UK)
Year2005
Volume15
Issue3-4
Pages439-450
Publication date2005-06-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueDevelopment in Practice (JOURNAL)
Journal identifiersISSN: 0961-4524 • E-ISSN: 1364-9213
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/09614520500076233
OpenAlexW2005247080
LanguageEN
Citations received1
References cited1

Current mainstream development thinking, with the exception of a few areas like microcredit, tends to favour size over substance. This article aims to challenge the belief that large-scale companies, markets, and institutions are the most effective means of ‘delivering development’. We argue that, by designing institutions to meet different needs at different scales, long-term sustainable development outcomes are more likely. Through an analysis of ‘new economics’ thinking, we look specifically at how the concept of subsidiarity could be applied to development thinking at the community and business levels, and we draw on some examples of where the concept is already manifest in practice, such as energy and commodity production

Development economics · Economic growth · Economic policy · Economics · Exchequer · Political science · Politics · Poverty · Sociology · Subsidiarity · Innovation and Socioeconomic Development · Law · Public Administration

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Unique citing works1
Citations per year0,08
Citation span2013 - 2013 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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