The new development economics: after the Washington Consensus

Abstract

This volume provides an original and thought-provoking critique of the post-Washington Concensus in neoliberal economics. Aimed at academics and postgraduates, and policy-makers, in development economics, the text clearly presents current trends in theory and policy within mainstream development economics. Introduction: The economics of development and the development of economics ; The new development economics / Ben Fine – From Washington to post-Washington consensus: illusions of development / Elisa Van Waeyenberge – Kicking away the logic: free trade is neither the question nor the answer for development / Sonali Deraniyagala, Ben Fine – New growth theory: more problem than solution ; Financial programming and the IMF ; The developmental state and the political economy of development / Ben Fine – Analysis of technology and development: a critical review / Sonali Deraniyagala – Privatization theory and practice: a critical analysis of policy evolution in the development context / Kate Bayliss – From Washington to post-Washington consensus: the triumph of human capital / John Harriss – Corruption and governance / Mushtaq Husain Khan – Agriculture and development: towards a critique of the 'new neoclassical development economics' and of 'neoclassical neo-populism' / Terrence J. Byres – Development and geography: current debates in historical perspective / Hugh Goodacre – Pioneers of economic history / Dimitris Milonakis.