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136 results
Global Value Chains (GVCs) started to play an increasing and key role in the global economy from the 1990s on. The market mechanism in GVCs supports industrialisation in the Global South and under certain conditions product and process upgrading. But GVCs do not lead to the catching-up of countries in the sense of them approaching real GDP per capita levels comparable with developed countries. These arguments are supported by a critical interpretation of the traditional trade theory, the New Trade Theory and specific approaches to explain GVCs, especially different governance structures and power relationships. Several case studies support these arguments. For catching-up, countries need comprehensive horizontal and vertical industrial policy and policies for social coherence. The small number of countries which managed to catch up did this in different variations.
This study aims to provide insights on how the Social and Solidarity Economy (SSE) is contributing to the future of work.
A detailed introduction into dependency theory that rethinks its relevance to modern development challenges.
Dr. Katherine Trebeck explains some reasons why we should believe the future of the economy should be a wellbeing economy.
This report presents the results of the “Financial Mechanisms for Innovative Social and Solidarity Economy Ecosystems” project, designed to foster a better understanding of the different ways in which financial resources can be made available and accessed to support the growth of social and solidarity economy (SSE) organizations and their ecosystems. The project is supported by the Ministry of Labour, Employment and Social and Solidarity Economy of the Government of the Grand Duchy of Luxembourg.
This blogpost discusses the bias the Economics discipline has towards Africa. It points out how important conferences on issues regarding Africa take place in Western countries at the expense of those based in Africa.
A remarkable and insightful tribute into the works of late Malawian development economist, Professor Thandika Mkandawire. Must read for anyone looking to broaden their scope of understanding development as it relates to the African continent.
The objective of the course is to explore the main strengths and weaknesses of orthodox and heterodox paradigms within development economics.
Rethinking Economics NL explores every month together with a new host the field of economics from a different perspective.
This module examines current socio-political issues through the lens of pluralism, that is pluralism of theory, pluralism of method and interdisciplinary pluralism
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
Industrial policy has been a central part of policy prescription by many heterodox schools arguably since mercantilism, but the theories behind it and types of policy advocated for have evolved over time. Recently some neoclassical economists have shown renewed interest in it, but is this mainstream acceptance a step back or a step forward from earlier heterodox ideas?
This short video visualizes the destabilizing effects financial markets can have on food prices, based on a paper by Jayati Ghosh. It introduces and explains the idea of future contracts and how those are used to speculate with basic food stuffs. After establishing the concepts, the video sketches out how the increase in those practices resulted in a substantial rise and later collapse of food prices around 2008 with severe consequences for many developing countries and their people.
Tesis Prebisch-Singer sobre la tendencia a la caída de los términos de intercambio en detrimento de los países menos desarrollados. Crítica a la teoría de las ventajas comparativas para el comercio internacional.
South Africa’s taxi industry was established by black people in the 1930s and has faced numerous challenges, including those posed by decades of apartheid laws. Covid-19 has highlighted contemporary challenges facing the industry and has also raised questions about how it can keep ‘driving forward’. This podcast explores questions such as what changes need to be made, and who can be the ‘drivers’ of such change.
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
Developmental economics
This short video examining the concepts of rents and rent-seeking, and the high cost of orthodox liberal anticorruption policies.
The Trialogue is a podcast about combining historic ideas of the high-culture of the Inca and modern problems. The three authors each put their own perspectives of the topic and show insights into their actual view of economics.
Mainstream economic narratives notably the concept of comparative advantage trade theory which assumes the equal balance of power between parties are deployed to support the merits of Global Value Chains that the global integration via trade creates mutual gains for both developed and developing countries This narrative is advanced in …
Este artículo presenta el problema de los elefantes blancos desde una perspectiva institucionalista. Analiza los incentivos económicos y electorales de los políticos que generan ineficiencia en los llamados "megaproyectos".
In this webinar, Dr. Grieve Chelwa, Dr. Cecilia Lanata Briones and Professor Jayati Ghosh discuss what is meant by “Decolonising Economics”.
Beyond Growth is a collection of educational materials offering a reflection on growth. It was created as a joint project of the associations Fairbindung e. V. and Konzeptwerk Neue Ökonomie, both based in Germany. The page provides learning materials and methods to stimulate thinking about the conditions of our current economy as well as possible alternatives.
Is degrowth bad economics To properly answer this question it is essential to understand what economic growth really is The term growth is often associated with an increase in wealth a term loosely defined but according to the degrowth movement economic growth is a narrower concept only describing an increase …
In this podcast, Nalia Kabeer talks about her work, criticising the way in which Randomized Control Trials (RCTs) is adopted as a sole form of impact assessment. At the beginning of the talk, she briefly describes The Ultra Poor Project (the context of her study), RCTs and its critiques (such as lack of acknowledgement of human agency, heterogeneity, and social context); also, the problem that most RCTs practitioners do not allow for qualitative research conducted in an integrated way as it might cause their studies “being contaminated.”
This panel is about discussing the international development discipline from a critical perspective, exploring how the current practice entangles with Eurocentric/neo-colonial thoughts and how can we move beyond them.
The postcolonial critique of Economics is one of the sharpest and most comprehensive indictments of the discipline highlighting the discipline s limited treatment of power and culture and the incompatibility of the discipline s theoretical frameworks and predictions with the contexts of most formerly colonised territories This interview of Prof …
This archive contains open access copies of most of the written work, including the books of Karl William Kapp (1910-1976) was one of the forefathers of Ecological Economics.
Tetteh Hormeku-Ajei, member of the Post-Colonialisms Today Working Group, discusses the role of the state in Africa during the COVID-19 pandemic.
Post-Colonialisms Today researcher Chafik Ben Rouine looks to Tunisia’s post-independence central banking method to provide insight on what progressive monetary policy can look like.
Tetteh Hormeku-Ajei, member of the Post-Colonialisms Today Working Group, provides insight on the history of primary commodity export dependence in Africa, and relates it to the difficulties African governments are facing finding necessary resources to tackle the COVID-19 pandemic.
Post-Colonialisms Today researchers Kareem Megahed and Omar Ghannam explain how early post-independence Egypt sought economic independence via industrialization.
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