Thursday, September 28, 2017
7:30 PM - 9:30 PM
Since the mid-1990s, we have witnessed an explosion in the literature in development economics that tries to explain the poor economic performance in certain developing countries – especially the ones in Sub-Saharan Africa (SSA) – in terms of factors, like geography, climate, history, and culture. In this lecture, Dr. Chang argues that these explanations are neither theoretically persuasive nor empirically convincing and thus can only be interpreted as an attempt by mainstream economists to ‘explain away’ why the so-called ‘good’ policies that were based on their own theories have failed to deliver the expected results.
Dr. Ha-Joon Chang teaches Economics at the University of Cambridge. In addition to numerous journal articles and book chapters, he has published 16 authored books (five co-authored) and 10 edited books. His main books include The Political Economy of Industrial Policy, Kicking Away the Ladder, Bad Samaritans, 23 Things They Don’t Tell You About Capitalism, and Economics: The User’s Guide. By 2018, his writings will have been translated and published in 41 languages and 44 countries. Worldwide, his books have sold around 2 million copies. He is the winner of the 2003 Gunnar Myrdal Prize and the 2005 Wassily Leontief Prize. He was ranked no. 9 in the Prospect magazine’s World Thinkers 2014 poll.