Categories
Critique of Mainstream Economics Economic Development Experimental Economics Publications

Impoverished Economics? A Critical Assessment of the New Gold Standard (new essay)

I wrote an essay for the World Development Symposium on Development and Poverty Alleviation. Here is the abstract:

This article situates the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in the history of thought on development, tracing how the focus, theory and methods have shifted in the field. The article evaluates theoretical and methodological critiques of the way randomized control trials (RCTs) are employed by the laureates, as well as attempts to overcome these challenges. In terms of theory, the article demonstrates what gets lost when experiments are guided by methodological individualism and assumptions of individual utility-maximizing behavior. In terms of methodology, the article unpacks the limits of RCTs related to their causal model, and their lack of attention to human agency and wider socio-economic context. Finally, the article discusses the experimental approach’s relevance for research and policy-making and cautions against any approach becoming a “gold standard,” due to the importance of pluralism for maintaining an open debate about development.

Read the full article here and do check out the other essays as well.

Categories
Dependency theory Economic Development Heterodox Economics Marx Publications

Samir Amin: A Pioneering Marxist and Third World Activist (new article)

I had the honor of writing a legacy piece on Samir Amin for Development and Change this year. It will be a part of the 2020 Forum issue, but is already available for download.

Screenshot 2019-12-08 at 10.51.53.png

Categories
Critique of Mainstream Economics Economic Development Experimental Economics In the media Podcasts

Interview on LBO News (Podcast)

This week I had the pleasure of appearing on Doug Henwood’s political economy radio show, the LBO news. He picked my brain about the recent developments in the field of development economics and the work of Banerjee, Duflo and Kremer, in particular. This is a one-hour episode, with René Rojas being interviewed by the political demonstrations in Chile in the first half, and me being interviewed in the second half. You can download the podcast here or listen to it by pressing the play button below.

Categories
Critique of Mainstream Economics Economic Development Experimental Economics Op-ed

Impoverished economics? Unpacking the economics Nobel Prize (openDemocracy)

4039856015_f9907d808d_o.jpg
Esther Duflo, 2009. Photo: PopTech

I recently wrote this opinion piece for openDemocracy on the work of this year’s winners of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. The so-called Nobel went to Abhijit Banerjee, Esther Duflo and Michael Kremer, for promoting an experimental approach to alleviating global poverty.

The piece was also re-published by the URPE blog, The Mint, the Kashmir Times, Momentum Institut (in German), and Disparada (in Portuguese), and was covered by several newspapers, including by the Argentinian business newspaper La Nacion (Con el Nobel a los “randomistas”,la grieta llegó al ámbito académico) and the French daily newspaper Libération (L’extinction expérimentale et aléatoire du paupérisme).

Categories
Blog Dependency theory Economic Development Heterodox Economics

Hardcore Peripheries (article in The Mint)

In this article in The Mint, I explore the relevance of dependency theory/ies today, along with Farwa Sial and Carolina Alves. We also identify some common critiques of dependency theory and argue that these are rooted in misunderstandings about the theories.

Categories
Economic Development Presentations Rethinking Economics Norway Video

The Tyranny of Metrics – Panel Discussion

On February 9th 2019, I presented on a panel with Desmond McNeill (Centre for Development and Environment, University of Oslo) and Morten Jerven (Norwegian University of Life Sciences). I presented specifically on the politics of GDP measurement (based on this recent working paper I co-authored with Jacob Assa). The panel was a part of the Rethinking Sustainability conference organized by Rethinking Economics, Norway. My slides can be found here. [Note: the video is in Norwegian]

Categories
Economic Development Video

Short videos on development

At IGDC, we ask the big questions! Check out some of these short videos, where I try to answer what development is, what the future of global development holds, and why the IGDC values matter.

You can see what my colleagues answered here.

 

Categories
Economic Development Video

A Critical Approach to Development Economics (Video)

The Interdisciplinary Global Development Centre (IGDC) recently filmed a snippet about one of my current research projects (with my colleague Collin Constantine). Check it out below.

Categories
Economic Development Events Heterodox Economics In the media

Launch of IGDC and the Heterodox Development Economics Project

In June 2018, the Interdisciplinary Global Development Centre was launched (my new employer). During the launch, I held a presentation of my project “Heterodox Development Economics” and gave some remarks. See the promo video from the event below.

You can read more about the launch here and about the Heterodox Development Economics project here.

Categories
Development Finance Economic Development Microfinance Publications

New paper: ‘Caveat emptor: the Graduation Approach, electronic payments and the potential pitfalls of financial inclusion’

7171804334_5b23bd85fe_b

Paulo dos Santos and I recently published a piece in Policy in Focus 14 (2): 55-57. This is a publication by The International Policy Centre for Inclusive Growth. You can also read the piece on Developing Economics.