Abstract
It is generally agreed that the beginnings of modern Development Economics were formulated in England during World War II.1 Numerous studies undertaken after the War in response to a variety of historical circumstances led to a fairly high degree of consensus among a majority of development economists with the result that by the end of the 1950s or the early 1960s, something like a mainstream theory of Economic Development had emerged. I do not wish to imply that there was unanimity on all the issues; but rather that there was a set of propositions which would have received broad support — and above all — a common logic of approach which is usually classified as ‘structuralist’, and, in any case, is non-neoclassical in development matters2 with a strong normative orientation. Important contributions had come from certain developing countries, particularly India and some in Latin America.
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Martin, K. (1991). Modern Development Theory. In: Martin, K. (eds) Strategies of Economic Development. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-12625-5_2
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