Abstract
This chapter seeks to offer a way of rethinking the concept of development. It advances the sweeping, and no doubt somewhat controversial, thesis that the study of development within the academy needs to be rescued from its traditional home in development studies and rethought within another branch of the social sciences, namely, the field of political economy. I hasten to add that I advance this argument in full acknowledgement that the making and unmaking of theory in the field of what one might call ‘old’ or ‘classical’ development studies has had a heroic history. Indeed in its heyday development studies was, in my view, an exemplar of all that was best about the social sciences — interdisciplinary, focused on big questions, engaged with them, political in the most generous sense of that word.
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Notes
1 B. Hettne, Development Theory and the Three Worlds: Towards an International Political Economy of Development (Harlow: Longman, 1995), p. 30.
2 Ibid., p. 104.
3 D. Booth, ‘Marxism and Development Sociology: Interpreting the Impasse’, World Development, 13, no. 7 (1985), 761–87.
4 See J. Toye, Dilemmas of Development: Reflections on the Counter-revolution in Development Theory and Policy (Oxford: Basil Blackwell, 1987).
5 W. Sachs (ed.), The Development Dictionary: A Guide to Knowledge (London: Zed Books, 1992).
6 C. Leys, ‘The Crisis in “Development Theory”’, New Political Economy, 1, no. 1 (1996) 41.
7 D. Held, A. McGrew, D. Goldblatt and J. Perraton, Global Transformations: Politics, Economics and Culture (Cambridge: Polity Press, 1999), p. 2.
8 Ibid., p. 7.
9 See A. Hoogvelt, Globalization and the Postcolonial World: The New Political Economy of Development (London: Macmillan, 1997).
10 See J. Rosenau, Along the Domestic–Foreign Frontier: Exploring Governance in a Turbulent World (Cambridge: Cambridge University Press, 1997).
11 Held et al., Global Transformations, p. 7.
12 K. Ohmae, The End of the Nation State (New York: Free Press, 1995): W. Greider, One World, Ready or Not: The Magic Logic of Global Capitalism (New York: Simon Schuster, 1997).
13 Held et al., Global Transformations, p. 3.
14 P. Hirst and G. Thompson, Globalization in Question: The International Economy and the Possibilities of Governance (Cambridge: Cambridge University Press, 1996).
15 L. Amoore, R. Dodgson, B.K. Gills, P. Langley, D. Marshall and I. Watson, ‘Overturning “Globalization”: Resisting the Technological, Reclaiming the “Political”’, New Political Economy, 2, no. 1 (1997) 184.
16 Ibid., 185.
17 K. Ohmae, The End of the Nation State.
18 J. Zysman, ‘The Myth of the Global Economy: Enduring National Foundations and Emerging Rational Realities’, New Political Economy, 1, no. 2 (1996) 157–84.
19 Amoore et al., p. 186.
20 R.W. Cox, ‘Social Forces, States and World Orders: Beyond International Relations Theory’, Millenium: Journal of International Studies, 10, no. 2 (1981) 146.
21 J.A. Scholte, ‘Global Capitalism and the State’, International Affairs, 73, no. 3 (1997) 452.
22 P. Burnham, ‘The Politics of Economic Management’, New Political Economy, 4, no. 1 (1999) 43–4.
23 P. Evans, ‘The Eclipse of the State? Reflections on Stateness in an Era of Globalization’, World Politics, 50, no. 1 (1997) 85.
24 L. Weiss, ‘Globalization and the Myth of the Powerless State’, New Left Review no. 225 (1997) 17.
48 Contextualizing Turbulence
25 M. Mann, ‘Has Globalization Ended the Rise and Rise of the Nation-state?’, Review of International Political Economy, 4, no. 3 (1997) 474.
26 Ibid., p. 494.
27 A.J. Payne, ‘The New Political Economy of Area Studies’, Millenium: Journal of International Studies, 27, no. 2 (1998) 253–73: D. Marsh, ‘The Convergence Between Theories of the State’, in D. Marsh and G. Stoker, (eds), Theory and Methods in Political Science (London: Macmillan, 1995).
28 F.J. Schuurman, Beyond the Impasse: New Directions in Development Theory (London: Zed Books, 1993).
29 D. Booth, ‘Development Research: From Impasse to New Agenda’ in F.J. Schuurman, (ed.) Beyond the Impasse: New Directions in Development Theory (London: Zed Books, 1993).
30 C. Leys, The Crisis in ‘Development Theory’, p. 44.
31 B. Hettne, Development Theory and the Three Worlds, p. 262.
32 Ibid.
33 Ibid., p. 263.
34 J.N. Pieterse, ‘The Development of Development Theory: Towards Critical Globalism’, Review of International Political Economy, 3, no. 4 (1996) 543.
35 B. Hettne, Development Theory and the Three Worlds, p. 263.
36 P. McMichael, Development and Social Change: A Global Perspective (Thousand Oaks: Pine Forge Press, 2000) p. 150.
37 S. Corbridge, ‘Post-Marxism and Development Studies: Beyond the Impasse’, World Development, 18, no. 5 (1990) 634.
38 B. Hettne, Development Theory and the Three Worlds, p. 266.
39 R.B. Potter, ‘Progress, Development and Change’, Progress in Development Studies, 1, no. 1 (2001) 3.
40 See I. Roxborough Theories of Underdevelopment (London: Macmillan, 1979).
41 F.H. Cardoso and E. Falletto, Dependency and Development in Latin America (translated by M.M. Urquidi) (Berkeley: University of California Press, 1979), pp. 15, 172.
42 V. Randall and R. Theobald, Political Change and Underdevelopment: A Critical Introduction to Third World Politics (London: Macmillan, 1998).
43 C. Hamilton, Capitalist Industrialism in Korea (Boulder: Westview Press, 1986): G. White, Development in East Asia (New York: St. Martin’s Press, 1987): A. Amsden, Asia’s Next Giant: South Korea and Late Industrialism (Oxford: Oxford University Press, 1989): R. Wade, Governing the Market: Economic Theory and the Role of Government in East Asian Industrialization (Princeton: Princeton University Press, 1990).
44 J.R. Hollingsworth and R. Boyer (eds), Contemporary Capitalism: The Embeddedness of Institutions (Cambridge, Cambridge University Press, 1997), p. 2.
46 P. Evans, Embedded Autonomy: States and Industrial Transformation (Princeton: Princeton University Press, 1995).
47 D. Coates, Models of Capitalism: Growth and Stagnation in the Modern Era (Cambridge: Cambridge University Press, 2000), p. 227.
48 N.J. Phillips, ‘The Political Economy of Capitalist Development’, unpublished manuscript, (University of Warwick, 2000).
49 B. Hettne, Development Theory and the Three Worlds, p. 15.
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Payne, A. (2003). Rethinking Development Inside Political Economy. In: Busumtwi-Sam, J., Dobuzinskis, L. (eds) Turbulence and New Directions in Global Political Economy. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781403918451_3
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