Working on an Appreciative Theory of Economic Change and Development 293.0

Here’s a story of passion and hard work(-in-progress)! (Note: As a work around on the technical constraint between posts and pages in the template, this Post links to the Working Paper that summarizes the status, as work-in-progress, of an appreciative theory of economic change and development for emerging markets.) Please click on this link to [...]

SYNTHESiST Working on an Appreciative Theory of Development 286.0

After two years, SYNTHESiST has moved from just looking at innovation systems and change management at firm- and industry-level into a tentative development framework for emerging markets. Using this Post as main source, I have created a Page entitled An Appreciative Theory of Economic Change and Development under Working Papers on the Sidebar at right. [...]

Incentives or Industrial Policy for Economic Growth? 240.0

William Easterly criticized his fellow economists in international financial institutions for failing poor countries in their elusive quest for growth in his ‘hard-nosed’ (Solow) and ‘original’ (The Economist) 2001 book. In the Preface to this edition (2002), he writes “the World Bank encourages gadflies like me to find another job.” He had to move on [...]

Amartya Sen Says Development Follows Expanding Freedoms 237.0

Amartya Sen, 1998 Nobel Prize winner for economics, is one of the most eminent development economists today. In his book, Development as Freedom (1999, Anchor), Professor Sen quotes Aristotle in the Nicomachean Ethics in justifying why he believes freedom is more important than wealth as the true object and subject of development: “wealth is evidently [...]