Revisiting the concept of Economic Development and the School of Thought of Developmentalism in Economics
Abstract
This paper aims to revisit and systematize the concepts of Economic
Development and Developmentalism. The hypothesis raised by the research is
that due to the historical-social procedurality of Economic Sciences, the terms
Economic Development and Developmentalism can be categorized differently by
epistemological and didactic option nowadays. The article opted to perform a
bibliographic study. The methodological procedures for selecting the references
were bibliographic research focused on the authors with historical, concrete and inductive analysis of the economy and the phenomenon of economic
development. The results obtained are that the terms Economic Development and
Developmentalism can be categorized differently, one as a concept used by several
schools of economic thought; other as a School of Economic Thought, which has
four theoretical currents (Classical Developmentalism, Social Developmentalism,
New Developmentalism, Socialist Market Developmentalism).
JEL Classification: B20; O10; N01.
Keywords: Economic development developmentalism economic theory history of economic thought