What remains of the challenges to orthodoxy?
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What remains of the challenges to orthodoxy? book
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