Development and the revival of political economy
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.14/42570 |
Resumo: | Ha-Joon Chang argues that there has been a switch in development thinking from a “productionist” view, in which development is conceptualized in terms of the productive structures of the economy, to “neoliberal” and “humanistic” views of development, where in the humanistic view development is studied in terms of its impact on human well-being. Chang calls for a new developmentalism that integrates both the productionist and the humanistic view, within an institutionalist approach. Here I address the prospects for a synthesis between productionist and humanistic views drawing on the idea of a revival of political economy developed at Cambridge, UK, especially on the contributions of Joan Robinson, Piero Sraffa, and others. More specifically, I argue that Celso Furtado's suggestion of applying the theoretical framework that underpins this revival of political economy to the study of development can help achieving a fruitful synthesis between productionist and humanistic approaches to development, while also drawing on elements from post Keynesianism and original institutionalism. |
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Development and the revival of political economyCultureDevelopmentInstitutionsProductionWell-beingHa-Joon Chang argues that there has been a switch in development thinking from a “productionist” view, in which development is conceptualized in terms of the productive structures of the economy, to “neoliberal” and “humanistic” views of development, where in the humanistic view development is studied in terms of its impact on human well-being. Chang calls for a new developmentalism that integrates both the productionist and the humanistic view, within an institutionalist approach. Here I address the prospects for a synthesis between productionist and humanistic views drawing on the idea of a revival of political economy developed at Cambridge, UK, especially on the contributions of Joan Robinson, Piero Sraffa, and others. More specifically, I argue that Celso Furtado's suggestion of applying the theoretical framework that underpins this revival of political economy to the study of development can help achieving a fruitful synthesis between productionist and humanistic approaches to development, while also drawing on elements from post Keynesianism and original institutionalism.Veritati - Repositório Institucional da Universidade Católica PortuguesaMartins, Nuno Ornelas2023-09-22T11:44:14Z2021-01-022021-01-02T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.14/42570eng0021-362410.1080/00213624.2021.187479785102478571000627590600008info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-12-26T01:38:33Zoai:repositorio.ucp.pt:10400.14/42570Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:31:00.459675Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Development and the revival of political economy |
title |
Development and the revival of political economy |
spellingShingle |
Development and the revival of political economy Martins, Nuno Ornelas Culture Development Institutions Production Well-being |
title_short |
Development and the revival of political economy |
title_full |
Development and the revival of political economy |
title_fullStr |
Development and the revival of political economy |
title_full_unstemmed |
Development and the revival of political economy |
title_sort |
Development and the revival of political economy |
author |
Martins, Nuno Ornelas |
author_facet |
Martins, Nuno Ornelas |
author_role |
author |
dc.contributor.none.fl_str_mv |
Veritati - Repositório Institucional da Universidade Católica Portuguesa |
dc.contributor.author.fl_str_mv |
Martins, Nuno Ornelas |
dc.subject.por.fl_str_mv |
Culture Development Institutions Production Well-being |
topic |
Culture Development Institutions Production Well-being |
description |
Ha-Joon Chang argues that there has been a switch in development thinking from a “productionist” view, in which development is conceptualized in terms of the productive structures of the economy, to “neoliberal” and “humanistic” views of development, where in the humanistic view development is studied in terms of its impact on human well-being. Chang calls for a new developmentalism that integrates both the productionist and the humanistic view, within an institutionalist approach. Here I address the prospects for a synthesis between productionist and humanistic views drawing on the idea of a revival of political economy developed at Cambridge, UK, especially on the contributions of Joan Robinson, Piero Sraffa, and others. More specifically, I argue that Celso Furtado's suggestion of applying the theoretical framework that underpins this revival of political economy to the study of development can help achieving a fruitful synthesis between productionist and humanistic approaches to development, while also drawing on elements from post Keynesianism and original institutionalism. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-01-02 2021-01-02T00:00:00Z 2023-09-22T11:44:14Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.14/42570 |
url |
http://hdl.handle.net/10400.14/42570 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
0021-3624 10.1080/00213624.2021.1874797 85102478571 000627590600008 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
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openAccess |
dc.format.none.fl_str_mv |
application/pdf |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799133578520428544 |