ABSTRACT

Early development economists in the late-1940s and 1950s were almost unanimous in stressing the importance of industrialisation. However their perspective differed significantly from what has become the current Neoclassical orthodoxy. Starting from the proposition that ‘certain special features of the economic structure of the underdeveloped countries make an important portion of orthodox analysis inapplicable and misleading’, their approach has been labelled Structuralist.1