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L. Currie and A. O. Hirschman on Development as a Problem of Decision Making

Author

Listed:
  • Andrés Álvarez
  • Andrés M. Guiot-Isaac

Abstract

This work analyzes the contributions of L. Currie and A. O. Hirschman to development theories. We show that traditional approaches to the divergence between these authors have overlooked some common views in their development strategies. For both, the catalyst role played by the experts —being facilitators of decision-making processes— is crucial for triggering economic transformation. Using evidence from both their published works and archival documents little exploited in the literature, we show that their experiences as experts in Colombia led them to refine their ideas on development and to appraise the importance of the political economy of expertise.

Suggested Citation

  • Andrés Álvarez & Andrés M. Guiot-Isaac, 2018. "L. Currie and A. O. Hirschman on Development as a Problem of Decision Making," Documentos CEDE 15985, Universidad de los Andes, Facultad de Economía, CEDE.
    • Handle: RePEc:col:000089:015985
    as

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    File URL: https://repositorio.uniandes.edu.co/bitstream/handle/1992/8838/dcede2018-01.pdf
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    References listed on IDEAS

    as
    1. Michele Alacevich, 2009. "The Political Economy of the World Bank : The Early Years," World Bank Publications - Books, The World Bank Group, number 13807.
    2. David Ellerman, 2004. "Revisiting Hirschman on Development Assistance and Unbalanced Growth," Eastern Economic Journal, Eastern Economic Association, vol. 30(2), pages 311-331, Spring.
    3. Young, Allyn A., 1928. "Increasing Returns and Economic Progress," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 38, pages 527-542.
    4. Jeremy Adelman, 2013. "Worldly Philosopher: The Odyssey of Albert O. Hirschman," Economics Books, Princeton University Press, edition 1, number 9935.
    5. Roger Sandilands, 2015. "La misión del Banco Mundial a Colombia de 1949, y las visiones opuestas de Lauchlin Currie y Albert Hirschman," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 17(32), pages 213-232, January-J.
    6. Andrés Álvarez & Andrés M. Guiot-Isaac & Jimena Hurtado, 2017. "The Quarrel of Development Experts: Lauchlin Currie and Albert O. Hirschman in Colombia," Documentos CEDE 15628, Universidad de los Andes, Facultad de Economía, CEDE.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Lauchlin Currie; Albert O. Hirschman; Colombia; Development economics; Political Economy.;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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