The state-market debate is largely the intellectual legacy of neoclassical economics. This book attempts to go beyond the state-market dichotomy, arguing that development can be helped or hindered by both the state and markets. It further argues that co-operation between the two factors is best.

The state-market debate is largely the intellectual legacy of neoclassical economics. This book attempts to go beyond the state-market dichotomy, arguing that development can be helped or hindered by both the state and markets. It further argues that co-operation between the two factors is best.

As the only textbook that presents the full range of theoretical approaches and current debates on economic development, John Martinussen's guide is an essential reader and student text on this topic.

What happens when the market tries to help the poor? In many parts of the world today, neoliberal development programs are offering ordinary people the tools of free enterprise as the means to well-being and empowerment. Schemes to transform the poor into small-scale entrepreneurs promise them the benefits of the market and access to the rewards of globalization. Markets of Dispossession is a theoretically sophisticated and sobering account of the consequences of these initiatives. Julia Elyachar studied the efforts of bankers, social scientists, ngo members, development workers, and state officials to turn the craftsmen and unemployed youth of Cairo into the vanguard of a new market society based on microenterprise. She considers these efforts in relation to the alternative notions of economic success held by craftsmen in Cairo, in which short-term financial profit is not always highly valued. Through her careful ethnography of workshop life, Elyachar explains how the traditional market practices of craftsmen are among the most vibrant modes of market life in Egypt. Long condemned as backward, these existing market practices have been seized on by social scientists and development institutions as the raw materials for experiments in “free market” expansion. Elyachar argues that the new economic value accorded to the cultural resources and social networks of the poor has fueled a broader process leading to their economic, social, and cultural dispossession.

This publication considers common concerns of developing countries in the search for sustainable development and growth such as globalisation, democracy, poverty and inequality, while also emphasising special regional needs. It contains a number of papers which discuss four key shared concerns: to what extent should states intervene in the market in order to promote growth; how much emphasis should development strategies put on deliberate redistribution and/or poverty alleviation; the impact of globalisation on developing countries in choosing their development paths; and whether democracies are able to reconcile economic growth with distribution.

Uses the framework of 'market in state', to argue that the Chinese economy is state-centered, dominated by political principles over economic principles.

Originally published in 1991, this book highlights overlooked causes of underdevelopment. Using global examples as well as analytical frameworks to guide inclusive policy discussions, theorists will enjoy the novel uses of industrial economics, the theory of the firm, and the economics of discrimination.