eBook - PDF

Epistemics of Development Economics

Name: Epistemics of Development Economics
ISBN: 9780313031472

Toward a Methodological Critique and Unity

Kofi Kissi Dompere,

Manzur Ejaz,

224 pages
English
PDF
Available on iOS & Android

eBook - PDF

Epistemics of Development Economics

Toward a Methodological Critique and Unity

Kofi Kissi Dompere,

Manzur Ejaz,

About this book

The effective use of development economic theories in practice is limited, the authors contend, by the lack of explicit criterion for judging their scientific content. The directional progress of critical research and teaching is also constrained by this deficiency. This study advances a meta-theory designed to assist in evaluating the scientific validity of theories in economic development and how these theories can be improved to assist social practice. Using this model, the study then examines existing theories, dividing them into explanatory and prescriptive theories. The explanatory theories include the stage-based theories of Marx, Schumpeter, and Rostow, and factor-based theories, including capital-based, human-capital-based, and technology-based theories. The prescriptive theories include explanatory-theory-based prescriptions, interventionist prescriptive theories, and theories of economic planning. In conclusion, the authors contend that modern analysis of development economics is plagued with logical ills, misleading notions, and a weak theoretical structure that lacks scientific appeal. Most of the theories, except for those of Marx and Schumpeter, neglect an analysis of the mechanism of change.

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Yes, you can access Epistemics of Development Economics by Kofi Kissi Dompere,Manzur Ejaz in PDF and/or ePUB format, as well as other popular books in Economics & Development Economics. We have over one million books available in our catalogue for you to explore.