Lauchlin Currie and Albert O. Hirschman on Development as a Problem of Decision Making

Álvarez, Andrés; Guiot-Isaac, Andrés M.; Hurtado, Jimena

doi:10.4000/oeconomia.5496

Cited by 3 publications

(2 citation statements)

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“…They had failed to incorporate political economy in their models. He had been introduced to issues of collective decision making/public choice while as an advisor in Colombia (Álvarez, Guiot and Hurtado, 2019). He concluded that, if economists in developed countries tended to ignore political economy, the situation was even worse in underdeveloped countries (Hirschman, 1971, 255).…”

Section: Voice and Exit: A Reviewmentioning

confidence: 99%

Against a voiceless world: Albert O. Hirschman’s political economics as an alternative to public choice

Almeida¹

2021

IJHE

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This article proposes to analyze the contributions of Albert Hirschman to political economy. Although he was explicitly affiliated to any school of thought, Hirschman worked with both economics and political science to understand questions such as ‘why do people vote and participate in politics?’. He was disappointed with what mainstream economics could provide and elaborated the Exit-Voice-Loyalty (EVL) framework, to understand mechanisms of action in politics and the economy. His EVL framework has been widely read, but it did not develop a paradigm around it and was ignored by economists due to its lack of formal models. Hirschman went on to work on the political economy of citizenship in his works (Hirschman, 1977, [1982] 2002, 1991), in order to provide answers to questions of political economy away from rational choice theory, which he considered harmful.

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Section: Voice and Exit: A Reviewmentioning

confidence: 99%

Against a voiceless world: Albert O. Hirschman’s political economics as an alternative to public choice

Almeida¹

2021

IJHE

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“… Currie to Garner, 22/05/1950, Colombia -General -Technical Assistance -Correspondence -Volume 1, 1559778, WBGA.20 On this well-studied episode, seeAlacevich (2009, 50 ff. ),Sandilands (2015) andÁlvarez, Guiot-Isaac, and Hurtado (2019;2020).Electronic copy available at: https://ssrn.com/abstract=4112321…”

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confidence: 99%

Richard Musgrave in Colombia: The Art of Tax Reform in a Developing Country

Desmarais-Tremblay

2022

SSRN Journal

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The Quarrel of Policy Advisers That Became Development Experts: Currie and Hirschman in Colombia

Álvarez¹,

Guiot-Isaac²,

Hurtado³

2020

History of Political Economy

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Lauchlin Currie and Albert O. Hirschman worked together as advisers to the National Planning Council in Colombia in the 1950s. Both had little experience in development economics when they arrived, and did not see eye to eye about the functioning and policy recommendations of the council. Retracing their debates on internal and public issues using archival sources shows how the Colombian experience marked their views on the role of policy advisers, development policy, and the obstacles to development processes. Our main contribution is to show how this experience contributed to form their theories of development, which evolved from technical discussions on growth mechanics to the necessity of adopting a development strategy dealing with issues of political economy.

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Lauchlin Currie and Albert O. Hirschman on Development as a Problem of Decision Making

Cited by 3 publications

References 19 publications

Against a voiceless world: Albert O. Hirschman’s political economics as an alternative to public choice

Against a voiceless world: Albert O. Hirschman’s political economics as an alternative to public choice

Richard Musgrave in Colombia: The Art of Tax Reform in a Developing Country

The Quarrel of Policy Advisers That Became Development Experts: Currie and Hirschman in Colombia

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