The Other Canon of Economics, Volume 2: Essays in the Theory and History of Uneven Economic Development...

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Erik Reinert Rainer Kattel

The Other Canon of Economics, Volume 2

Essays in the Theory and History of Uneven Economic Development

Erik Reinert, Rainer Kattel

$160

Hardback

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English

Anthem Press
13 February 2024

Development economics; Economic history

Series: Anthem Other Canon Economics

Other Canon Economics: Essays in the Theory and History of Uneven Economic Development brings together key essays on development economics from one of the most prolific and important development economists and historians of economic policy today. Erik S Reinert argues through essays ranging from 1994 to 2020 that neo-classical economics damages developing countries: the theory of comparative advantage leaves out a number of factors which make economic activities qualitatively different as carriers of economic growth. Based on a long intellectual tradition – started by the Italian economists Giovanni Botero (1589) and Antonio Serra (1613) and later used in virtually all presently industrialised countries – Reinert shows that the country which exports increasing returns goods – e.g. high-end manufacture and advanced services – has advantages over the country which exports diminishing returns goods – i.e. commodities. This has very important implications for today’s development strategies that, Reinert argues, should be seen as variations of industrial strategies.

By: Erik Reinert
Edited by: Rainer Kattel
Imprint: Anthem Press
Country of Publication: United Kingdom
Dimensions: Height: 229mm, Width: 153mm, Spine: 34mm
Weight: 454g
ISBN: 9781839990038
ISBN 10: 1839990031
Series: Anthem Other Canon Economics
Pages: 526
Publication Date: 13 February 2024
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

Erik S. Reinert is Professor of Technology Governance and Development Strategies at Tallinn University of Technology and also chairman of The Other Canon Foundation in Norway. He holds a BA from Hochschule St. Gallen, Switzerland, an MBA from Harvard University, and a Ph.D. in economics from Cornell University. Lecturing in five languages, Reinert’s work has taken him to more than 65 different countries. His book How Rich Countries Got Rich…and Why Poor Countries Stay Poor has been published in more than 20 languages.