Categories
Economic Development Heterodox Economics Presentations SDGs Video

A New International Development Paradigm (video)

I had the pleasure and honour of debating ‘A New International Development Paradigm. Do the Sustainable Development Goals Drive Global Progress?’ with Dr. Fred Muhumuza (Makerere University) and Prof. Dr. Aram Ziai (University of Kassel) at the Online Summer Academy for Pluralist Economics, August 2020.

The blurb for the panel:

The Sustainable Development Goals (SDGs) of the United Nations are considered a universal benchmark for development around the world. But is it realistic to have such a benchmark for countries/regions whose societies are structured within different local contexts? During this discussion, the panelists will share their perspectives on what development is, on the relevance of the SDGs, and on what a new development paradigm could look like in light of the COVID-19 pandemic.

Categories
Blog Covid-19 Critique of Mainstream Economics Heterodox Economics

Reclaiming Economics After Covid-19 (new blog post)

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“The pandemic has revealed the poverty of our economic theory. Rupture with the old paradigm is the only route to recovery.”
Read my piece with Carolina Alves on Progressive International’s blog.
Categories
Heterodox Economics Publications

¿Por qué tan hostil? Quebrando mitos sobre la economía heterodoxa (translation)

My work with Carolina Alves on Heterodox Economics is now translated to Spanish and published in the Colombian journal Ensayos de Economía. Download the full Spanish article or read the working paper in English. Thanks to Orlando Nikolai Santos Alvarado for the translation.

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Categories
Blog Critique of Mainstream Economics Decolonizing Economics Discrimination in Economics Heterodox Economics INET Teaching

Why Do Economists Have Trouble Understanding Racialized Inequalities? (Blog post)

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I wrote a blog post with Surbhi Kesar for the Institute for New Economic Thinking on the Economics discipline’s lack of capacity to understand racial inequalities, based on survey data.

Categories
Covid-19 Critique of Mainstream Economics Heterodox Economics Publications

Changing the Narrative: Economics After Covid-19 (new article)

I wrote an article on how COVID-19 exposes weaknesses in the dominant Economics narrative, and how heterodox economics offer important alternatives, with Carolina Alves for the Review of Agrarian Studies. Here’s the abstract:

In this ar­ti­cle, we argue that so­ci­eties’ un­pre­pared­ness and in­ad­e­quate re­sponses to the Covid-19 pan­demic ex­pose weak­nesses in the foun­da­tions of the dom­i­nant eco­nomic par­a­digm. We doc­u­ment how eco­nom­ics came to dis­em­bed it­self from broader so­ci­etal analy­sis and how this has in­flu­enced pub­lic pol­icy in prob­lem­atic ways, lead­ing to priv­i­leg­ing of ef­fi­ciency over re­silience. We then go a step fur­ther to con­sider the role of eco­nomic ev­i­dence in pub­lic pol­icy more gen­er­ally. Fur­ther­more, we demon­strate how het­ero­dox eco­nom­ics can en­rich our un­der­stand­ings of our economies’ weak­nesses and of how to build a more re­silient and just econ­omy. We con­clude that we need an ex­pla­na­tion of the cri­sis that is ca­pa­ble of see­ing the econ­omy as more than just mar­kets and as em­bed­ded in so­ci­ety; one that is ca­pa­ble of link­ing the causes and con­se­quences of the pan­demic to our sys­tems of pro­duc­tion and dis­tri­b­u­tion.

Read the full paper.

Categories
Blog Decolonizing Economics

Decolonize your pandemic reading list (openDemocracy)

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A diverse reading list on pandemics compiled with Devika Dutt, Surbhi Kesar and Farwa Sial.

Categories
Decolonizing Economics Economic Development Heterodox Economics Presentations

Summer Academy for Pluralist Economics 2020

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Along with D-Econ, I’ll be hosing a workshop at Exploring Economics’ Summer Academy August 10-16th 2020 on Critical Development Economics/Decolonizing Economics. Register for the workshop here.

Categories
Decolonizing Economics Discrimination in Economics In the media Podcasts

New Podcast: On Diversifying and Decolonising Economics

podcast photo 2On February 27th 2020, the “Women in Science” project invited me to talk about diversifying and decolonising economics. This was a part of the Great Speaker Series campaign in Portugal in partnership with the British-born co-working space Second Home Lisbon. In the podcast, I outline how D-Econ came to be, how I came to be interested in heterodox economics, and why and how the missions of diversifying and decolonising economics are so essential. Listen to the podcast here.

Categories
Blog Covid-19 Dependency theory Economic Development

If we want to tackle global inequality, we need better economic theories (openDemocracy)

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I wrote a post for openDemocracy laying out how a dependency theory research programme can help us understand the global impacts of COVID-19. Check it out.

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.