Sen, Amartya (1997) Development thinking at the beginning of the 21st century. DEDPS, 2. Suntory and Toyota International Centres for Economics and Related Disciplines, London School of Economics and Political Science, London, UK.
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There has been a shift, in recent years, in the understanding of the process of development. It is not a switch (as often portrayed) from a state-dependent view of development to a market-reliant view. Rather, it involves rejecting a "blood, sweat and tears" view of development in favour of celebrating people's agency and cooperation and the expansion of human freedom and capabilities. The market as an institution fits into this bigger picture. So do human rights and democratic values, especially as the vehicle of political incentives (complementing economic incentives). It involves, ultimately, a fuller view of human beings. Contents: 1) Experiences and Lessons; 2) Blood, Sweat and Tears? 3) Hard Build-up and the Role of Accumulation; 4) Hard Business and the Fear of ?Bleeding Hearts?; 5) Hard States and the Denial of Political Rights; 6) Capability Expansion: Human Capital and More; 7) Weights, Values and Public Participation.
|Item Type:||Monograph (Discussion Paper)|
|Additional Information:||© 1997 Amartya Sen|
|Uncontrolled Keywords:||Economic development; capabilities; hard states; political incentives; role of public discussion; valuational weights.|
|Library of Congress subject classification:||H Social Sciences > HC Economic History and Conditions
H Social Sciences > HB Economic Theory
|Journal of Economic Literature Classification System:||O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O10 - General
D - Microeconomics > D6 - Welfare Economics > D60 - General
|Sets:||Collections > Economists Online
Research centres and groups > Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)
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