Matches in SemOpenAlex for { <https://semopenalex.org/work/W2471673598> ?p ?o ?g. }
Showing items 1 to 100 of
100
with 100 items per page.
- W2471673598 abstract "Not so long ago, Deepak Lal claimed that the demise of development economics was likely to be conducive to the health of both the economics and economies of developing countries (Lal, 1983, p. 109). Lal attributed the analytical failures of development economics to a neglect of welfare economics and, in particular, to a misinterpretation of the theorem of the second best. Most development economists interpreted the theorem to imply that that there was a case against the introduction of piecemeal market reforms since there was no guarantee that they would lead to increased welfare. In Lal’s view, this emphasis was wrong. What the theorem really implied was that there should be a reduction in government intervention in the economy since there was no guarantee that any particular intervention would be welfare increasing. As Toye (1987) has shown, the function of the discussion of the second-best theorem in Lal’s argument seems to have been largely rhetorical. Ultimately his welfare economics argument involves little more than an assertion that the optimality results of competitive equilibrium hold, albeit approximately, in the real world. Some of the presumptions underlying this kind of argument have been addressed elsewhere, for example Toye (1987) and Killick (1989). This chapter seeks to supplement their critique by focusing on the question of the suitability of the neoclassical general equilibrium (GE) model for the analysis of developmental problems in the third world or elsewhere." @default.
- W2471673598 created "2016-07-22" @default.
- W2471673598 creator A5030205449 @default.
- W2471673598 date "1994-01-01" @default.
- W2471673598 modified "2023-09-27" @default.
- W2471673598 title "Increasing Returns and Economic Development" @default.
- W2471673598 cites W1914712726 @default.
- W2471673598 cites W2013791186 @default.
- W2471673598 cites W2015482249 @default.
- W2471673598 cites W2015633754 @default.
- W2471673598 cites W2058749168 @default.
- W2471673598 cites W2073650747 @default.
- W2471673598 cites W2081236465 @default.
- W2471673598 cites W2089101710 @default.
- W2471673598 cites W2122403554 @default.
- W2471673598 cites W2129261459 @default.
- W2471673598 cites W2313551483 @default.
- W2471673598 cites W4239503803 @default.
- W2471673598 doi "https://doi.org/10.1007/978-1-349-23138-6_3" @default.
- W2471673598 hasPublicationYear "1994" @default.
- W2471673598 type Work @default.
- W2471673598 sameAs 2471673598 @default.
- W2471673598 citedByCount "3" @default.
- W2471673598 crossrefType "book-chapter" @default.
- W2471673598 hasAuthorship W2471673598A5030205449 @default.
- W2471673598 hasConcept C100243477 @default.
- W2471673598 hasConcept C118084267 @default.
- W2471673598 hasConcept C118552586 @default.
- W2471673598 hasConcept C133425853 @default.
- W2471673598 hasConcept C138885662 @default.
- W2471673598 hasConcept C15744967 @default.
- W2471673598 hasConcept C162324750 @default.
- W2471673598 hasConcept C172886114 @default.
- W2471673598 hasConcept C17744445 @default.
- W2471673598 hasConcept C178411942 @default.
- W2471673598 hasConcept C185592680 @default.
- W2471673598 hasConcept C192562157 @default.
- W2471673598 hasConcept C199360897 @default.
- W2471673598 hasConcept C199539241 @default.
- W2471673598 hasConcept C2777720223 @default.
- W2471673598 hasConcept C2779629923 @default.
- W2471673598 hasConcept C2780665704 @default.
- W2471673598 hasConcept C34447519 @default.
- W2471673598 hasConcept C40422974 @default.
- W2471673598 hasConcept C41008148 @default.
- W2471673598 hasConcept C41895202 @default.
- W2471673598 hasConcept C55493867 @default.
- W2471673598 hasConcept C94625758 @default.
- W2471673598 hasConcept C98184364 @default.
- W2471673598 hasConceptScore W2471673598C100243477 @default.
- W2471673598 hasConceptScore W2471673598C118084267 @default.
- W2471673598 hasConceptScore W2471673598C118552586 @default.
- W2471673598 hasConceptScore W2471673598C133425853 @default.
- W2471673598 hasConceptScore W2471673598C138885662 @default.
- W2471673598 hasConceptScore W2471673598C15744967 @default.
- W2471673598 hasConceptScore W2471673598C162324750 @default.
- W2471673598 hasConceptScore W2471673598C172886114 @default.
- W2471673598 hasConceptScore W2471673598C17744445 @default.
- W2471673598 hasConceptScore W2471673598C178411942 @default.
- W2471673598 hasConceptScore W2471673598C185592680 @default.
- W2471673598 hasConceptScore W2471673598C192562157 @default.
- W2471673598 hasConceptScore W2471673598C199360897 @default.
- W2471673598 hasConceptScore W2471673598C199539241 @default.
- W2471673598 hasConceptScore W2471673598C2777720223 @default.
- W2471673598 hasConceptScore W2471673598C2779629923 @default.
- W2471673598 hasConceptScore W2471673598C2780665704 @default.
- W2471673598 hasConceptScore W2471673598C34447519 @default.
- W2471673598 hasConceptScore W2471673598C40422974 @default.
- W2471673598 hasConceptScore W2471673598C41008148 @default.
- W2471673598 hasConceptScore W2471673598C41895202 @default.
- W2471673598 hasConceptScore W2471673598C55493867 @default.
- W2471673598 hasConceptScore W2471673598C94625758 @default.
- W2471673598 hasConceptScore W2471673598C98184364 @default.
- W2471673598 hasLocation W24716735981 @default.
- W2471673598 hasOpenAccess W2471673598 @default.
- W2471673598 hasPrimaryLocation W24716735981 @default.
- W2471673598 hasRelatedWork W1547895902 @default.
- W2471673598 hasRelatedWork W1555869672 @default.
- W2471673598 hasRelatedWork W1564842945 @default.
- W2471673598 hasRelatedWork W1796901110 @default.
- W2471673598 hasRelatedWork W1933585113 @default.
- W2471673598 hasRelatedWork W1988745516 @default.
- W2471673598 hasRelatedWork W2010784208 @default.
- W2471673598 hasRelatedWork W2038722008 @default.
- W2471673598 hasRelatedWork W2060606525 @default.
- W2471673598 hasRelatedWork W2110643518 @default.
- W2471673598 hasRelatedWork W2122087787 @default.
- W2471673598 hasRelatedWork W2138941732 @default.
- W2471673598 hasRelatedWork W2302439752 @default.
- W2471673598 hasRelatedWork W2497035771 @default.
- W2471673598 hasRelatedWork W2497097536 @default.
- W2471673598 hasRelatedWork W2503869336 @default.
- W2471673598 hasRelatedWork W3122372922 @default.
- W2471673598 hasRelatedWork W3123970536 @default.
- W2471673598 hasRelatedWork W3149376786 @default.
- W2471673598 hasRelatedWork W2531424418 @default.
- W2471673598 isParatext "false" @default.
- W2471673598 isRetracted "false" @default.
- W2471673598 magId "2471673598" @default.
- W2471673598 workType "book-chapter" @default.