Titlebook: Whatever Happened to the Third World?; A History of the Eco Peter de Haan Book 2020 The Editor(s) (if applicable) and The Author(s), under

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What Preceded Development Economics,The insights about development of Ellsworth Huntington (1876–1947), economic geographer, and those of tropical economist Julius Herman Boeke (1884–1956) are presented, including critical observations. How economic geography and dual economics live on in contemporary development economics, is described in this brief chapter as well.

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Generosity

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Whatever Happened to the Third World,cription of major developments in Asia, Latin America, sub-Saharan Africa (SSA), the Middle East and North Africa. How former Third World countries developed into high-income countries is illustrated by a description of South Korea’s secret of success. Subsequently, the plight of middle-income count

arsenal

The First Generation of Development Economists, Ragnar Nurkse, Walter Whitman Rostow, Simon Kuznets, and Hollis Chenery are summarised. After these summaries, a critical analysis of the first generation’s thinking is presented, and conclusions are drawn. At the end of this chapter, neo-Marxist development theories are touched upon, including som

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The Second Generation of Development Economists,onomic philosophy is described, followed by a brief analysis of Washington Consensus policies, as applied by international financial institutions and donor countries in helping Latin American and sub-Saharan African nations to overcome financial crises. A succinct overview of successive growth theor

Confess

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