Some Theoretical Aspects of Economic Development

1954 ◽  
Vol 14 (4) ◽  
pp. 333-345 ◽  
Author(s):  
Robert E. Baldwin

While the problem of economic development long has been a standard topic for economic historians, it has not been until recent years that most other modern economists have displayed a more dian casual interest in this subject. Two sets of factors have been particularly important in stimulating this new activity. The first, of course, concerns the ever-increasing efforts being made to accelerate economic development in the so-called “backward” regions of the world. Since World War II a number of the countries in the economically backward list have received eitfier complete political independence or a much greater degree of freedom. And one of the major ways they are using this new freedom of action is to plan and undertake extensive governmental development projects. For rightly or wrongly most of these countries feel that their former rulers thwarted the type of economic development most beneficial to the native population, and they are almost fanatically anxious to remedy this condition.

2015 ◽  
Vol 54 (4I-II) ◽  
pp. 301-312
Author(s):  
Daron Acemoglu

First of all, it is a great pleasure to be here. Thank you for inviting me. Given that communicating from a far is not the easiest thing to do, what I have decided to do is to give a quick overview of the arguments that have emerged from the book that James and I wrote. In fact, this book is a synthesis of about 16 years of research that James and I did. I think it is fair to say that a lot of economic development and economic growth is motivated by patterns that are reported in the book. In particular, this is data from Angus Madison’s life’s work, which is not entirely uncontroversial, but the overall pattern here is fairly uncontroversial. The patterns that we observe have actually been in the background of many attempts to understand long patterns of economic development. I think they also point out that it is going to be very difficult to understand why certain parts of the world that were either on par with, say, Asia, in particular the Indian Subcontinent and China, have increased their income per capita and their prosperity so much in 500 years leading to today, particularly from the period around early 1800s to essentially to the end of the World War II, where there is this big divergence taking place. The trends in economic development show that United States of America, Canada, New Zealand and Australia have pulled so much ahead of, say, Asia, where both India, the Indian Subcontinent in this case, and China more or less show the same picture, where there is not much growth going on until the end of the World War II.


Author(s):  
Robert L. Tignor

This introduction provides an overview of W. Arthur Lewis's biography. Three considerations that surfaced so forcefully in the aftermath of the World War II—decolonization, race relations, and economic growth—were preeminent issues in the life of W. Arthur Lewis. As a person of color who grew up in an impoverished and largely ignored corner of the British Empire, he devoted much of his academic career and public life to elucidating these matters and promoting a vision of a decolonized, color-blind, and prosperous community of independent nations. Lewis's contributions to the field of development economics were significant and pioneering and made him the founding figure of a wholly new branch of economics in the 1950s. His 1954 article on economic development using unlimited supplies of labor, published in Manchester School, was arguably the single most influential essay in this field.


Author(s):  
Arno Tausch ◽  
Leonid Grinin ◽  
Andrey Korotayev

In 1937, the Japanese economist Kaname Akamatsu discovered specific links between the rise and decline of the global peripheries. Akamatsu’s theory of development describes certain mechanisms whose working results in the narrowing of the gap between the level of development of the economy of developing and developed countries, and, thus, in the re-structuring of the relationships between the global core and the global periphery. Akamatsu developed his model on the basis of his analysis of the economic development of Japan before World War II, with a special emphasis on the development of the Japanese textile industry. Akamatsu’s catch-up development includes three phases: import of goods, organization of the production of previously imported products, and export of those goods. This model proved to be productive for analyzing the development of many other developing countries, especially in East Asia, making the theory of flying geese popular among the economists of these countries, as well as the whole world. The “flying geese” model produces certain swings that may be denoted as Akamatsu waves. Akamatsu waves may be defined as cycles (with a period ranging from 20 to 60 years) that are connected with convergence and divergence of core and periphery of the World System in a way that explains cyclical upward and downward swings (at global and national levels) in the movements of the periphery countries as they catch up with the richer ones.


2019 ◽  
Vol 20 (2) ◽  
pp. 37-41
Author(s):  
Maftuna Sanoqulova ◽  

This article consists of the politics which connected with oil in Saudi Arabia after the World war II , the relations of economical cooperations on this matter and the place of oil in the history of world economics


Author(s):  
Pavel Gotovetsky

The article is devoted to the biography of General Pavlo Shandruk, an Ukrainian officer who served as a Polish contract officer in the interwar period and at the beginning of the World War II, and in 1945 became the organizer and commander of the Ukrainian National Army fighting alongside the Third Reich in the last months of the war. The author focuses on the symbolic event of 1961, which was the decoration of General Shandruk with the highest Polish (émigré) military decoration – the Virtuti Militari order, for his heroic military service in 1939. By describing the controversy and emotions among Poles and Ukrainians, which accompanied the award of the former Hitler's soldier, the author tries to answer the question of how the General Shandruk’s activities should be assessed in the perspective of the uneasy Twentieth-Century Polish-Ukrainian relations. Keywords: Pavlo Shandruk, Władysław Anders, Virtuti Militari, Ukrainian National Army, Ukrainian National Committee, contract officer.


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