The Cambridge multisectoral dynamic odel: An instrument for national economic policy analysis

1980 ◽  
Vol 2 (3) ◽  
pp. 319-344 ◽  
Author(s):  
Terry Barker ◽  
Vani Borooah ◽  
Rick van der Ploeg ◽  
Alan Winters
Author(s):  
Amy C. Offner

This chapter focuses on John M. Hunter, the thirty-nine-year-old Illinois native who spoke as director of Colombia's first economic research center and addressed readers of one of Colombia's premier journals of economic research, the Revista del Banco de la República. It also talks about economics in Latin America. During the years after 1945, Colombian universities established freestanding economics programs where none had existed before. There had been men called economists in Colombia for decades; they were brilliant lawyers, engineers, businessmen, and politicians who made national economic policy and taught occasional courses in political economy on the side. But the crisis of the 1930s had inspired a new regard for economic expertise as a specialized form of knowledge, and Colombians set out to create a new kind of economist to steer the state. The invention of economics as an independent discipline, a nineteenth-century process in the United States and much of Europe, was thus a twentieth-century phenomenon in Latin America, born of new visions of national development and spearheaded by renowned men in business and government.


2005 ◽  
Vol 27 (4) ◽  
pp. 383-398
Author(s):  
Michalis Psalidopoulos

The 150th celebration of the repeal of the Corn Laws in 1846 was a major stimulus for new publications on the issue of free trade versus protection, a question that dominated economic policy agendas all over Europe in the nineteenth century. Original texts dating from that period were again made public (Kadish 1996, Schonhardt-Bailey 1997), the works of Richard Cobden became available (Cain 1995), and Douglas A. Irwin's book (1996) and Anthony Howe's treatise (1997) can be seen as the “cosmopolitan” answers to older (Semmel 1970) and contemporary (Magnusson 1994 and Wendler 1996) defenses of a “national” economic policy. This literature, however, as well as conferences on the reception of free trade (Marrison 1998), concentrated on the commercial policy of the most economically advanced nations, leaving completely out of scope discussions, debates and economic policy dilemmas related to international trade in other, less-developed countries.


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