ABSTRACT
Many scholars across times and world regions have shown interest in understanding the workings of society, and of the economy within it. When development economics emerged as a distinctive field of knowledge production after the Second World War, it did not take long before theoretical arguments turned into practical prescriptions. Development economics tend to conflict with transregional studies since the latter undermines the fundamental understanding of 'development' as following the patterns in the West/Global North. Whether a transregional perspective will then be brought into development economics or whether emerging transregional studies will partially take over realms of development economics is an open question. As a discipline concerned with long-term structural transformation, as 'applied economics', and as being originally accustomed to multidisciplinary influences from across the globe, development economics does have the potential to deliver the proof that in the end it has always done transregional studies.
