THE DEVELOPMENT ECONOMIST WHO WASN'T.

  • Published In: Foreign Policy, 2025, n. 258. P. 52 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: DREZNER, DANIEL W. 3 of 3

Abstract

The article discusses the renewed relevance of Albert O. Hirschman's ideas in the context of development economics, particularly as the neoliberal model faces criticism. It highlights the historical trends in development economics, noting the shift from a one-size-fits-all approach to a more contextual understanding of economic policies that consider local conditions. Hirschman's eclectic approach, which emphasizes the complexity of development and the dangers of asymmetric dependence in global trade, is presented as a potential framework for future economic strategies. However, the article also cautions that the current geopolitical climate, characterized by weaponized interdependence, poses significant challenges to effective economic development. [Extracted from the article]

Additional Information

  • Source:Foreign Policy. 2025/10, Issue 258, p52
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2025
  • ISSN:0015-7228
  • Accession Number:187632094
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