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Journal articles on the topic 'Development economics'

Author: Grafiati

Published: 4 June 2021

Last updated: 8 February 2025

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1

Naqvi, Syed Nawab Haider. "Economic Development and Development Economics (Presidential Address)." Pakistan Development Review 32, no. 4I (December 1, 1993): 357–86. http://dx.doi.org/10.30541/v32i4ipp.357-386.

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To state that development economics is about economic development is now considered beyond debate. But opinions differ about what constitutes economic development and its proper index; in particular whether the growth of per capita income adequately captures its flavour. Thus, instead of being regarded, a La Lewis, as just a synonym for capital accumulation going above a certain critical level, development economics is now also required to respond to such challenges as raising the quality of life that people succeed in achieving by living longer; by being more literate in addition to being more prosperous; and, environmentally speaking, by making the development process sustainable. Indeed, our discipline is being asked to encompass an ever wider set of problems and venture into domains where it has not entered before: namely, the choices that people make; the economic and political freedoms they enjoy; the heavy incidence of poverty among the least privileged in the society, including the rural poor; the unjust social and economic structures that must be changed; the regulatory framework that needs to be evolved to enable the market to work-hopefully in the interest of the society. What complicates matters even more is that to be able to address many of these issues, development economics must transcend the self-imposed boundaries of strict positivism and acquire an overarching ethical vision. If mainstream economics is (rightly) regarded as a difficult science, development economics is even more so.

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2

Fuzhan, Xie. "China’s Economic Development and Development Economics Innovation." Social Sciences in China 40, no. 2 (April 3, 2019): 100–110. http://dx.doi.org/10.1080/02529203.2019.1595082.

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3

Knežević, Vladimir, Dragan Ivković, and Aleksandra Penjišević. "Institutional economics and economic development." Ekonomika 66, no. 3 (2020): 81–94. http://dx.doi.org/10.5937/ekonomika2003081k.

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This research deals with the relationship between economic quality of institutions and economic development. For obtaining the value quantification of institutional quality, we measured rankings of 138 most important national economies based on three pillars of competitiveness, and we used Gross national product per capita to measure development. We applied Spearman`s rank correlation coefficient based on these two parameters for measuring the relationship between ranking of national economies. There is no doubt that a strong direct relationship was recognised. The value of the result lies in the identification of institutional economics as the major cause for different development levels of certain countries. This implies that in case of value measurement of our country, also the most efficient tool would be to put focus on increase of institutional quality.

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4

Prasad, Biman C. "Institutional economics and economic development." International Journal of Social Economics 30, no. 6 (June 2003): 741–62. http://dx.doi.org/10.1108/03068290310474120.

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5

Bjorvatn, Kjetil. "Islamic Economics and Economic Development." Forum for Development Studies 25, no. 2 (January 1998): 229–43. http://dx.doi.org/10.1080/08039410.1998.9666084.

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6

Thanawala, Kishor. "Schumpeter's Theory Of Economic Development and Development Economics." Review of Social Economy 52, no. 4 (December 1994): 353–63. http://dx.doi.org/10.1080/758523329.

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7

Ho, Samuel P. S. "Economics, Economic Bureaucracy, and Taiwan's Economic Development." Pacific Affairs 60, no. 2 (1987): 226. http://dx.doi.org/10.2307/2758133.

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8

Lee, Jae-Yool. "Early Development Economics and External Economies." JOURNAL OF SOCIAL SCIENCES 28, no. 1 (June 30, 2009): 225. http://dx.doi.org/10.18284/jss.2009.06.28.1.225.

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9

Sundaram, J. K., and R. von Arnim. "ECONOMICS: Trade Liberalization and Economic Development." Science 323, no. 5911 (January 9, 2009): 211–12. http://dx.doi.org/10.1126/science.1155337.

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10

Marinescu, Cosmin. "Why Institutions Matter: From Economic Development to Development Economics." European Review 22, no. 3 (June 30, 2014): 469–90. http://dx.doi.org/10.1017/s1062798714000283.

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The last few decades have seen a significant growth of economists’ interest in studying institutions. They are generally preoccupied with explaining institutions using instruments that are specific for an economist, and especially with discerning the significance of institutions for both economic development and development economics. Therefore, the integration of institutions into economic theory is an essential step in our continuous attempt to refine and improve scientific explanations. The neoclassical theory of economic growth only identifies the conditions needed for material production growth, such as capital accumulation and technical progress. In order to explain ‘why’ people save, invest, learn and seek useful knowledge, special attention must also be paid to institutional and value systems.

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11

Avickson, Eli Kofi, and Amos Abidemi Ogunola. "Big Data Economics: Leveraging AI to Drive Financial Inclusion and Economic Development." International Journal of Research Publication and Reviews 5, no. 11 (November 2024): 6126–42. https://doi.org/10.55248/gengpi.5.1124.3335.

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12

Lin, Justin Yifu. "New structural economics: the third generation of development economics." Asian Education and Development Studies 9, no. 3 (December 2, 2019): 279–86. http://dx.doi.org/10.1108/aeds-02-2019-0039.

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Purpose Development economics is a new sub-discipline in modern economics. The first generation of development economics is structuralism. The second generation of development economics is neoliberalism. Most developing countries followed the above two generations of development economics and failed to achieve industrialization and modernization. The purpose of this paper is to introduce the third generation of development economics, called new structural economics, which advises governments in developing countries to play a facilitating role in the development of industries in a market economy according to the country’s comparative advantages. The paper also discusses how the government may use industrial policies to play this facilitating role and some new theoretical insights from new structural economics. Design/methodology/approach The paper draws on the experiences of success and failure in developing countries to generate new understanding about the nature and causes of economic development in developing countries. Findings The structuralism failed because it ignored the endogeneity of economic structure in a country. The neoliberalism failed because it neglected the endogeneity of distortions in the transition economies. Originality/value The paper proposes new policy and theoretical framework for developing countries.

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13

Pack, Howard, and Debraj Ray. "Development Economics." Southern Economic Journal 65, no. 4 (April 1999): 973. http://dx.doi.org/10.2307/1061294.

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14

Quisumbing, Agnes R. "Development economics." Agricultural Economics 20, no. 2 (March 1999): 186–88. http://dx.doi.org/10.1111/j.1574-0862.1999.tb00564.x.

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15

Biswas, Basudeb. "Development Economics." American Journal of Agricultural Economics 88, no. 3 (August 2006): 768–70. http://dx.doi.org/10.1111/j.1467-8276.2006.00895_2.x.

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16

Smith, Stephen C. "Development economics." Journal of Development Economics 62, no. 1 (June 2000): 280–84. http://dx.doi.org/10.1016/s0304-3878(00)00072-9.

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17

Gualerzi, Davide. "Development Economics." International Journal of Political Economy 41, no. 3 (October 2012): 3–23. http://dx.doi.org/10.2753/ijp0891-1916410301.

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18

Bardhan, Pranab. "Economics of Development and the Development of Economics." Journal of Economic Perspectives 7, no. 2 (May 1, 1993): 129–42. http://dx.doi.org/10.1257/jep.7.2.129.

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The purpose of this paper is to restore some historical perspective by highlighting the many contributions of development economics to the rest of economics. We will point out to the younger generations how some of the glittering ideas they currently play with originally came from that now-neglected field and how in some cases they have rediscovered, with great fanfare, insights that were well-known in the development literature, familiarity with which would have enriched their own work.

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19

Kitamura, Hiroshi. "Policy Relevance of Development Economics Revisited." Asian Development Review 07, no. 01 (January 1989): 35–47. http://dx.doi.org/10.1142/s0116110589000035.

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The state of development economics has recently been the subject of a great deal of discussion. This debate has been initiated by Albert Hirschman’s illuminating paper which traced the extraordinarily productive tensions surrounding the birth of a new subdiscipline of economics, called “development economics”, up to several factors leading to its inevitable decline. Since the decline could not “be fully reversed”, the end result had to be the demise of a separate branch of economics. This was welcomed by an ideological stream of the time, the anti-Keynesian counter-revolution, as “conducive to the health of both the economics and the economies of developing countries”, because the subject was wrong and dogmatic and a hindrance rather than a help to our understanding of the development problems, let alone policymaking for economic development…

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20

Siuta-Tokarska, Barbara. "Economics of moderation. Towards sustainable development." Nierówności społeczne a wzrost gospodarczy 67, no. 3 (2021): 5–15. http://dx.doi.org/10.15584/nsawg.2021.3.1.

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The article describes attempts at implementation of the idea of sustainable development in the world economy of the 21st century. The presented research is theoretical. The aim of the study is to set economics of moderation as a theory in the evolution of economic thought. The problem of sustainable development in the world economy has been depicted in relation to ongoing environmental, social and economic changes, pointing to the negative effects of the implementation of the current consumption model of contemporary economies. “Economics of moderation” is a new, unique approach to the theory of economics forming some kind of theoretical basis to the practical implementation of a real development restoring the right understanding of intergenerational harmony and justice. In the research work, an analysis of the literature on the subject, both domestic and foreign, was used within the scope of research methods of social sciences in the field of analysis and criticism of literature, as well as analysis and logical construction.

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21

OSLINGTON, P. "Development Economics and Classical Economics." South African Journal of Economics 65, no. 1 (March 1997): 56–63. http://dx.doi.org/10.1111/j.1813-6982.1997.tb01354.x.

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22

Ostapenko, Tetiana. "Development of managerial economics as a component of economic theory." Technology audit and production reserves 3, no. 4(77) (June 30, 2024): 15–20. http://dx.doi.org/10.15587/2706-5448.2024.307356.

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The object of research is managerial economics, which is considered as a component of economic theory. The scientific problem is that there are such concepts as management and managerial economics, which are tangential and somewhat overlapping. Managerial economics is included in the structure of the economic system as a separate component. It is also proven that managerial economics is a systemic entity and has the following levels: global, macro-, meso-, micro- and nano-. The study defined these levels and outlined the use of the global (international) and macro levels. Analysis of these categories is necessary for understanding the governance and governance conditions of global and national economies. The essence of the obtained results is that the existing system of managing international relations is inflexible and difficult to solve the global problems of humanity. And the management of national economies must correspond to the strategic development plans of a particular nation. These obtained results can be explained by the immobility of management structures and the need to revise the global economic order. At the state level, there should be levers for regulating economic relations. It was noted in the work that society is a set of people united at a certain stage of historical development by one or another economic relations that determine all other social relations. The economic life of society consists of various phenomena and processes, the essence of which must be sought in social production. The concept of «managerial economics» is often used to characterize the regulation of social production. There are different approaches to defining the content of managerial economics. First, managerial economy is considered as regulation by a set of industries and types of material production. Secondly, a system of regulation of productive forces and production relations is usually associated with managerial economics. Thirdly, managerial economics regulates the conditions for achieving equilibrium and cyclicality of social production.

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23

Naqvi, Syed Nawab Haider. "The Bases of Development Policy (Presidential Address)." Pakistan Development Review 34, no. 4I (December 1, 1995): 321–30. http://dx.doi.org/10.30541/v34i4ipp.321-330.

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Development economics seeks to isolate the elemental forces at work in developing countries that raise per capita income, initially and then continuously, by exploiting fully the inter-industry and inter-sectoral network of economies of scale, externalities, and complementarities; it also analyses the key factors that decide a fair distribution of the fruits of economic progress, and those which enhance human happiness more directly. The process of economic development is seen as complex, even mysterious; which must be tackled by conscious planning where coordination failures are threatening, and through the market mechanism if information problems are daunting. Yet a persistent theme in economic literature has been one of denial of the (marginal) utility of development economics. Essentially, most of these “arguments” against development economics are nothing more than a thinly disguised championing of the ideology of free-market capitalism and neo-classical economics as the ultimate truths about the economic universe [Heilbroner (1990)]. They are a frame of thought into which development economics would not fit “naturally”. As one would expect, these views about development economics have not gone unchallenged. But the main issue is far from settled. I, therefore, restate here the case for development economics to make sure that development policy is saved from the revages of an incompatible liberalist philosophy. I would concentrate on issues related to the acknowledged mainsprings of economic progress, and those related to the relationship between trade and growth and the interface of the government and the market. Finally, I would like to emphasise the need to acquire an overarching ethical vision in order to identify the ends of economic progress and to order the means to achieve them.

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24

Jankowski, Patrick. "Economics at Work in an Economic Development Organization." Business Economics 49, no. 3 (July 2014): 191–93. http://dx.doi.org/10.1057/be.2014.22.

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25

Zauro, Zusak Saad, Ahmmed Syibly Civín, and Obioma Bouma. "Islamic Economics for Sustainable Development." Seriat Ekonomisi 1, no. 2 (June 7, 2024): 53–70. http://dx.doi.org/10.35335/ac1n5382.

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This study explores the convergence of Islamic economics and sustainable development, with the objective of clarifying the correlation between Islamic economic principles and the achievement of sustainable development objectives. The study examines the impact of Islamic economic principles, including equality, social justice, and ethical conduct, on sustainable development results, using a thorough examination of existing literature and empirical research. The findings provide valuable theoretical insights and practical implications for policymakers, practitioners, and scholars who are interested in utilizing Islamic economics to achieve sustainable development. Methodological thoughts emphasize the significance of interdisciplinary collaboration and rigorous research procedures in furthering knowledge and practice in this subject. This research provides unique insights into the potential of Islamic economics in achieving inclusive economic growth, social equality, and environmental sustainability by combining theoretical frameworks, empirical evidence, and methodological concerns. The primary objective of this study is to provide information that can be used to make policies based on facts and to encourage discussion among all involved in order to fully realize the transformative power of Islamic economics in accomplishing sustainable development goals. Research Highlights: This research explores the intersection of Islamic economics and sustainable development, aiming to elucidate the relationship between Islamic economic principles and the attainment of sustainable development goals. Through a comprehensive review of existing literature and empirical analysis, the study investigates how Islamic economic principles, such as equity, social justice, and ethical conduct, contribute to sustainable development outcomes. The findings reveal both theoretical insights and practical implications for policymakers, practitioners, and scholars interested in leveraging Islamic economics for sustainable development. Methodological reflections underscore the importance of interdisciplinary collaboration and rigorous research methodologies in advancing knowledge and practice in this field. By synthesizing theoretical frameworks, empirical evidence, and methodological considerations, this research offers valuable insights into the potential of Islamic economics as a tool for promoting inclusive economic growth, social equity, and environmental sustainability.

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26

Chu, Ke-young. "Institutions, Transition Economies, and Economic Development." Journal of Comparative Economics 32, no. 2 (June 2004): 370–71. http://dx.doi.org/10.1016/j.jce.2004.02.001.

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27

Snowdon, Brian, and Gerald M. Meier. "From Classical Economics to Development Economics." Economic Journal 105, no. 430 (May 1995): 745. http://dx.doi.org/10.2307/2235036.

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28

Lucarelli, Bill. "Understanding Development Economics." Journal of Contemporary Asia 45, no. 2 (September 19, 2014): 367–70. http://dx.doi.org/10.1080/00472336.2014.961323.

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29

Chang, Pei-Kang. "Whither Development Economics?" Journal of Asian Economics 14, no. 2 (April 2003): 201–8. http://dx.doi.org/10.1016/s1049-0078(03)00028-9.

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30

Weaver, James H., and Kevin M. O'Keefe. "Whither Development Economics?" SAIS Review 11, no. 2 (1991): 113–32. http://dx.doi.org/10.1353/sais.1991.0055.

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31

Stiglitz, J. E. "Rethinking Development Economics." World Bank Research Observer 26, no. 2 (July 19, 2011): 230–36. http://dx.doi.org/10.1093/wbro/lkr011.

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32

Thomas, Caroline. "Economic development and the environment: a comparison of sustainable development with conventional development economics." International Affairs 69, no. 4 (October 1993): 775–76. http://dx.doi.org/10.2307/2620639.

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33

Sidaway, James D. "Economic development and the environment: a comparison of sustainable development with conventional development economics." Journal of Rural Studies 9, no. 3 (July 1993): 306. http://dx.doi.org/10.1016/0743-0167(93)90083-v.

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34

Muller, Frank G. "Economic development and the environment: A comparison of sustainable development with conventional development economics." Ecological Economics 11, no. 2 (November 1994): 165–67. http://dx.doi.org/10.1016/0921-8009(94)90028-0.

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35

Stoett, Peter J. "Economic development and the environment: A comparison of sustainable development with conventional development economics." Futures 25, no. 10 (December 1993): 1111–12. http://dx.doi.org/10.1016/0016-3287(93)90086-9.

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36

Woodroffe, Neil P. "Geographical economics or economic geography?" Journal of Geography in Higher Education 18, no. 1 (January 1994): 98–105. http://dx.doi.org/10.1080/03098269408709243.

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37

de Janvry, Alain, and Elisabeth Sadoulet. "Sixty Years of Development Economics: What Have we Learned for Economic Development?" Revue d'économie du développement 22, HS01 (2014): 9. http://dx.doi.org/10.3917/edd.hs01.0009.

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38

Chen, John-Ren, and David Sapsford. "Economic development and policy: Professor Sir Hans Singer's contributions to development economics." World Development 25, no. 11 (November 1997): 1853–56. http://dx.doi.org/10.1016/s0305-750x(97)00074-0.

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39

Mustó, István. "Development economics – development policies. Some remarks on concepts, applications and fallacies." Competitio 3, no. 2 (May 1, 2004): 46–58. http://dx.doi.org/10.21845/comp/2004/2/4.

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40

Suleymanov, Magomed, Aminat Huazheva, and Elman Akhyadov. "Environmental economics and sustainable development." BIO Web of Conferences 76 (2023): 08007. http://dx.doi.org/10.1051/bioconf/20237608007.

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Environmental economics plays a pivotal role in shaping policies and strategies for sustainable development in the contemporary world. The intricate relationship between economic activities and the environment calls for an interdisciplinary approach that integrates ecological, social, and economic factors. This article explores the multifaceted connection between environmental economics and sustainable development. It delves into key concepts, such as externalities, market failures, and policy instruments, that inform decision-making processes aimed at achieving environmental sustainability. Additionally, it highlights the challenges and opportunities associated with incorporating environmental considerations into economic paradigms. Through case studies and empirical evidence, the article underscores the real-world implications of environmental economics on sustainable development. It also emphasizes the importance of proactive policies and global cooperation to address pressing environmental issues, promote responsible resource management, and work toward a more sustainable and equitable future.

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41

Sutinen, Jon G. "Enforcement economics in Exclusive Economic Zones." GeoJournal 16, no. 3 (April 1988): 273–81. http://dx.doi.org/10.1007/bf00270257.

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42

Legiedz, Tomasz. "Economic policy for development and the new institutional economics." Catallaxy 5, no. 2 (December 31, 2020): 61–73. http://dx.doi.org/10.24136/cxy.2020.006.

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Motivation: Economists have increasingly emphasized the importance of institutions as a fundamental factor for economic development. However, too frequently institutional approach used in economics is simplified, both from the starting point in defining an institution and during the analysis itself. Aim: The aim of this article is to summarise the current state of knowledge on the use of the institutional perspective in the research on the economic development of developing countries. Materials and methods: The analysis is conducted from the perspective of the new institutional economics. The article uses the qualitative analysis method that includes a literature review and descriptive analysis. Results: The first part briefly describes the contribution of the new institutional economics to the research on the economic development. The second part demonstrates how the institutional perspective is used in the mainstream economics, while the third, how it is used in the development economics. Although the contribution of the new institutional economics to the development theory is significant, in practice, it is very difficult to provide clear guidelines for development policy. This is the reason why there is a huge difference between researching economic development in the spirit of the new institutional economics and how institutions are implemented in the mainstream and development economics.

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43

Stiglitz, J. E. "Economics of information and the theory of economic development." Brazilian Review of Econometrics 5, no. 1 (April 1, 1985): 7. http://dx.doi.org/10.12660/bre.v5n11985.3129.

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44

Swinnen, Johan, Giulia Meloni, and Mara P. Squicciarini. "The Economics and Politics of Food and Economic Development." Reflets et perspectives de la vie économique LV, no. 1 (2016): 47. http://dx.doi.org/10.3917/rpve.551.0047.

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45

Rodgers, Gerry. "Institutional Economics, Development Economics and Labour Economics (The Distinguishedl Lecture)." Pakistan Development Review 31, no. 4I (December 1, 1992): 581–605. http://dx.doi.org/10.30541/v31i4ipp.581-605.

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It seems to be quite fashionable for economists to be interested in institutions nowadays. At least, there is a growing interest among economists in the economic effects of institutions (reflected most obviously in the award of the 1991 Nobel Prize to Ronald Coase). And quite a few books on the economics of institutions have been coming out recently.! Sociologists are not impressed, of course. Institutions are and always have been central to much sociological theory. But for economists, an interest in institutions has in the past been off the mainstream. One reason may be that it is difficult to reach agreement on what institutions really represent, because there are so many ways and levels at which one can consider them. One definition is that "institutions are the humanly devised constraints that structure political, economic and social interaction" [North (1991)]. "Humanly devised" might seem too purposive for some tastes. Others refer to "rules of a society or of organisations that facilitate co-ordination among people by helping them form expectations which each person can reasonably hold in dealing with others" (Ruttan and Hayami); or "complexes of norms of behaviour that persist over time, by serving collectively valued purposes" (Uphoff) [both cited in Nabli and Nugent (l989a), p. 7].

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46

Pirimova, Vera, and Kristina Stefanova. "Development, welfare, integration." Economic Thought journal 64, no. 4 (August 20, 2019): 148–62. http://dx.doi.org/10.56497/etj1964410.

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On 15 and 16 November 2018 at the University of National and World Economy an International Scientific Conference on "Economic Challenges: Development, Welfare, Integration" was held. The conference was jointly organized by the Department of Economics of the UNWE and the Faculty of Economics of the Sofia University "St. Kliment Ohridski" and was part of the solemn celebration of a remarkable anniversary - 70 years since the establishment of the Department of Economics ("Political Economy") at UNWE. This conference continued the tradition, as for the fourth consecutive time the lecturers from both universities highlighted the current economic challenges and focused the attention of the scientific community on their most important concrete manifestations and aspects.

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47

Novikova, M. N., M. V. Borovyk, O. V. Kozureva, and A. B. Olkhovska. "ECONOMICS KNOWLEDGE AS A PARADIGM OF SUSTAINABLE SOCIO-ECONOMIC DEVELOPMENT OF ECONOMICS AND SOCIETY." Financial and credit activity: problems of theory and practice 4, no. 27 (December 31, 2018): 505–12. http://dx.doi.org/10.18371/fcaptp.v4i27.154362.

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48

HAYASHIYAMA, Yasuhisa, Shin-ichi MUTO, and Tetsuji SATO. "OPTIMAL ECONOMIC GROWTH THEORY IN THE ENVIRONMENTAL AND RESOURCE ECONOMICS: ECONOMICS FOR SUSTAINABLE DEVELOPMENT." Doboku Gakkai Ronbunshu, no. 779 (2005): 25–44. http://dx.doi.org/10.2208/jscej.2005.779_25.

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49

Steiger, Otto. "Property Economics versus New Institutional Economics: Alternative Foundations of How to Trigger Economic Development." Journal of Economic Issues 40, no. 1 (March 2006): 183–208. http://dx.doi.org/10.1080/00213624.2006.11506889.

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50

Das, Sanchita Basu. "The Origins of Development Economics: How Schools of Economic Thought Have Addressed Development?" Asean Economic Bulletin 23, no. 2 (August 2006): 270–71. http://dx.doi.org/10.1355/ae23-2j.

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