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- DescriptionConventional wisdom has it that government management of the ecomy is the means to transform a backward ecomy into a dynamic, modern one. Yet, after decades of international aid programs, development planning is today largely perceived as a failure paralyzed by its own bureaucracy and inefficiency. Despite billions of dollars of investment, development successes are few and far between and waste and mismanagement abounds. This book showcases a diverse range of development experiences in order to ascertain the reasons for this quagmire. Case studies of development planning in China, India, post-WWII Japan, South Korea, Africa, and Eastern Europe, and of foreign aid programs (including the Marshall Plan) illustrate the insights an Austrian approach provides toward an understanding of the failure of government development planning. While ecomists working within the Austrian tradition have previously addressed development issues, this volume represents the first full-length treatment of the subject from a modern market process perspective. Exploding the hegemony of the traditional development paradigm, The Collapse of Development Planning addresses one of the most pressing issues of international political ecomy. Contributing to the volume are: George Ayittey (American University), Wayne T. Brough (Citizens for a Sound Ecomy, Washington, DC), Young Back Choi (St. John's University), Steven Hanke (Johns Hopkins University), Steve Horwitz (St. Lawrence University), Shyam J. Kamath (California State University, Hayward), Shigeto Naka (Hiroshima City University), David Osterfeld (St. Joseph's College), Manisha Perera (University of Northern Colorado), Jan S. Prybyla (Pennsylvania State University), Ralph Raico (State University College, Buffalo), Parth Shah (University of Michigan, Dearborn), Kurt Schuller (Johns Hopkins University), Kiyokazu Tanaka (Sophia University, Tokyo), and Mark Thorton (Auburn University).
- Author BiographyPeter J. Boettke is Assistant Professor of Economics at New York University, the author of The Political Economy of Soviet Socialism: The Formative Years, 1918-1928 and Why Perestroika Failed, as well as editor of the The Elgar Companion of Austrian Economics. He was previously a National Fellow at the Hoover Institution on War, Revolution, and Peace.
- Author(s)Peter J. Boettke
- PublisherNew York University Press
- Date of Publication01/07/1994
- SubjectEconomics: Professional & General
- Series TitlePolitical Economy of the Austrian School
- Place of PublicationNew York
- Country of PublicationUnited States
- ImprintNew York University Press
- Content Noteblack & white illustrations
- Weight590 g
- Width160 mm
- Height237 mm
- Spine28 mm
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