This book is a 'stock-taking' of development theory at the end of the twentieth century. It argues that the assumptions on which development theory has rested since the 1950s no longer hold. The ex-colonial 'third world' for which development theory was originally developed has fractured into increasingly diverse regions, while the end of the post-war regime of regulated international trade and capital movements has drastically curtailed the scope for state economic intervention. A much broader-based, more historical and more explicitly political theoretical effort is now called for.
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This book is a 'stock-taking' of development theory at the end of the twentieth century. It argues that the assumptions on which development theory has rested since the 1950s no longer hold. The ex-colonial 'third world' for which development theory was originally developed has fractured into increasingly diverse regions, while the end of the post-war regime of regulated international trade and capital movements has drastically curtailed the scope for state economic intervention. A much broader-based, more historical and more explicitly political theoretical effort is now called for.
COLIN LEYS is Professor of Political Studies at Queen's University, Kingston, Ontario. His Underdevelopment in Kenya, published in 1977, was one of the most influential texts of the time.
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