Categories
Dependency theory Economic Development Publications

New Article: Beyond the Stereotype: Restating the Relevance of the Dependency Research Programme

I recently published “Beyond the Stereotype: Restating the Relevance of the Dependency Research Programme” in Development and Change. Here is the abstract:

This article evaluates the relevance of dependency theory for understanding contemporary development challenges, especially in the light of changes in the global economy over the past 50 years. In order to do so, the article rectifies previous misunderstandings of the scholarship and offers a new definition of dependency theory as a research programme, rather than a singular theory. Four core tenets of this research programme are identified: a global historical approach; theorizing of the polarizing tendencies of global capitalism; a focus on structures of production; and a focus on the specific constraints faced by peripheral economies. While each of these elements can be found in many contemporary theories, what makes dependency theory unique — and a particularly strong research programme — is the combination of these elements. The article demonstrates how this approach provides a deep and broad understanding that is necessary to appreciate the persistence of uneven development with reference to two case studies, namely successful industrialization in South Korea, and how the fragmentation of global value chains has impacted industrialization in Indonesia. Finally, the article argues that approaching these kinds of cases through a dependency research programme can contribute to a fruitful renewal of development studies.

You can read my twitter thread about the paper here.
I also wrote about the findings in the article in openDemocracy and Progress for Political Economy.
Categories
Development Finance Economic Development In the media Interviews Podcasts

Podcast on Trade and RCTs (Danish)

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In April, I was interviewed for two episodes of the brilliant Danish Economics podcast Boblen. One episode was on microfinance and the other on trade.

Categories
Decolonizing Economics Development Finance Economic Development In the media

The Syllabus Cyberflâneur: Health Inequities, Financialization and Imperialism

With debate raging around the implications of COVID-19 for the “developing world”, Ingrid Kvangraven’s turn to guest curate the Cyberflâneur has come at the right time.[…] Ingrid has “chosen a selection of articles that can help us better understand how COVID-19 will impact developing countries and the underlying structures that lead to inequitable and underfunded health systems, with a focus on financialization and imperialism.” You’ll find some real gems, including on the “coloniality in knowledge production about public health”, why blended finance might not be as good as it sounds or how the IMF and World Bank have fed an audit culture “serving to obscure the destructive effects of NGO proliferation on public health systems”.

See the selection of articles with my comments here.

Categories
Blog Dependency theory Economic Development Heterodox Economics In the media

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

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I recently had the pleasure of contributing a blog post to the excellent blog Progress in Political Economy (PPE), which is based at the University of Sydney’s Political Economy department. I wrote about Samir Amin’s legacy, based on my recent Legacy piece in Development and Change. Check it out here.

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.

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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)

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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]