From Anxiety to Nonchalance

Bibliographic Data

ID4737796
AuthorsSalim Rashid (0009-0008-8450-0091, corresponding author)
Year2018
Volume50
IssueS1
Pages286-302
Publication date2018-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueHistory of Political Economy (JOURNAL)
Journal identifiersISSN: 0018-2702 • E-ISSN: 1527-1919
PublisherDuke University Press (PUBLISHER • US)
DOI10.1215/00182702-7033992
OpenAlexW2907219533
LanguageEN
References cited23

Neoclassical economic development is the view that there exists a core set of theoretical propositions that define all economic problems—whether for developed or developing countries—and even guide us toward the solutions. Details from local circumstances may need to be filled in, but these are boundary conditions for a general solution. When development economics began in the 1950s, it was rare to find economists who espoused the direct applicability of such views. Some forty years later, when the Washington Consensus triumphed with its mantra of “stabilize, liberalize, privatize,” it was breathing new life into older ideas. Why were obstacles seen in applying eighteenth-century principles in 1950, and how was the path for their applicability cleared

Clearance · Core (optical fiber · Economics · Law and economics · Mantra · Neoclassical economics · Path (computing · Path dependence · Positive economics · Set (abstract data type · Sociology · Telecommunications · Computer Science · Economic Theory and Policy · Income, Poverty, and Inequality · Medicine · Philosophy · Social and Economic Development in India

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