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Development Economics at Oxford, 1950–2020

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Abstract

This chapter reviews Oxford economists’ contributions to development economics from around 1950 to the 2010s. It shows the enormous range of contributions to analysis and policy by Oxford development economists, evolving with the changes in the global and developing country context. Throughout, there were broad two schools of thought, one tending to favour a neoclassical approach using traditional economic concepts, and the other more critical of these concepts and more multidisciplinary. Both were firmly grounded in empirical research and each made important contributions and influenced policy, interacting with national and global development institutions. By the end of the period, the role of development economics was diminishing with the increasing heterogeneity in the developing world while problems, constraints and opportunities became more universal, encompassing developed as well as developing countries. Oxford economists are moving towards a more universal approach, but institutions have yet to catch up.

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Notes

  1. 1.

    This chapter covers some of Paul Collier’s work, but is not comprehensive, as he is also the subject of a separate chapter in this volume.

  2. 2.

    A review stated ‘had this book been published a few years ago it would have adorned the shelves of every District Commissioner’s office in the British administered territories in Africa and Asia, and what is more it would have been in constant use’ (Gunn 1962: 74).

  3. 3.

    The Institute of Development Studies at Sussex was founded in 1966 with support from the Ministry as Oxford did not make a sufficiently attractive offer when approached by Whitehall.

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  1. Oxford Department of International Development, Queen Elizabeth House, Oxford, UK

    Frances Stewart & Valpy FitzGerald

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Correspondence to Frances Stewart .

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    Robert A. Cord

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We have greatly benefited from generous contributions and comments from many colleagues, including Judith Heyer, Rosemary Thorp and Barbara Harriss-White, who commented on the chapter as a whole, and Chris Adam, Cheryl Doss, Xiaolan Fu, Douglas Gollin, John Knight, Diego Sánchez-Ancochea, Francis Teal and Adrian Wood, who helped us understand their own work. Needless to say, we alone are responsible for the text, and we apologise to anyone who feels we have misrepresented them.

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Stewart, F., FitzGerald, V. (2021). Development Economics at Oxford, 1950–2020. In: Cord, R.A. (eds) The Palgrave Companion to Oxford Economics. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-58471-9_2

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