ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Development of What? On the Politics of Development Economics

It could possibly be sheer historical coincidence that development economics as a distinct branch of economics was born at a time when the cold war was blossoming. But the question as to what has subsequently happened to the fate of the sub-field along with the trajectory of the cold war - the great "intangible" battle fought mainly in the spheres of ideology, economics, politics and propaganda between the capitalist and socialist blocs - cannot be similarly left as a historic fluke. A detailed substantive academic attempt at examining/establishing the latter apprehension has so far remained suspended or sometimes just taken for granted in most retrospective accounts of development economics. This paper makes a systematic study of the issue and argues that the evolution of development economics has been heavily mediated by international politics and that development economics, as it exists in the post-cold war era, entails a great delusion in relation to its original purpose, promise and priorities.

I am deeply thankful to Jean Drze and N Krishnaji for their encouragement and comments on an earlier and larger version of this paper.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Or

To gain instant access to this article (download).


Pay
INR 236

(Readers in India)


Pay
$ 12

(Readers outside India)

Support Us

Your Support will ensure EPW’s financial viability and sustainability.

The EPW produces independent and public-spirited scholarship and analyses of contemporary affairs every week. EPW is one of the few publications that keep alive the spirit of intellectual inquiry in the Indian media.

Often described as a publication with a “social conscience,” EPW has never shied away from taking strong editorial positions. Our publication is free from political pressure, or commercial interests. Our editorial independence is our pride.

We rely on your support to continue the endeavour of highlighting the challenges faced by the disadvantaged, writings from the margins, and scholarship on the most pertinent issues that concern contemporary Indian society.

Every contribution is valuable for our future.