In and against Development: From New to Newest Development Economics: Critical Reconstructions of Political Economy, Volume 5

The Economics of Everything, or Economics Imperialism, now has a dominant presence in development economics, and an agenda-setting role in development studies, with the World Bank taking a leading, if contested, role. This volume examines how this happened, charting the evolution from the old or classic development economics through the new, newer and newest development economics. Drawing critically upon the Kuhnian notions of paradigm shifts, corresponding changes are contextualised materially, intellectually and policy-wise. Covering key issues such as famine, the developmental state, and trade and industrial policy, detailed attention is paid to the potential for alternatives for economics and economic policies.