IDEAs or the International Development Economics Associates is committed to building a pluralistic network of committed researchers, teachers and other economists interested in advancing progressive heterodox approaches to critically analysing and addressing the problems of economic development processes.
IDEAs was established in New Delhi, India with a purpose of building a pluralist network of economists engaged in the teaching, research and analyses of economic development. Follow @DevEconNetwork
- On the Fuss over US Interest Ratesby C. P. Chandrasekhar on 19 March 2024 at 11:17
Recent discussions on economic policy in the US and other high-income nations make it appear that there is only one domain and one instrument that really matter: monetary policy and interest rates. Whether on the eve of meetings of the…
- Capitalist Trap for Scientific Advancesby Prabhat Patnailk on 18 March 2024 at 06:27
There is a paradox at the core of the efflorescence of science that has occurred over the last millennium. In essence this efflorescence has the potential to increase human freedom immensely. It increases the capacity of man within the man-nature…
- About the Conferenceby betaideas on 13 March 2024 at 15:45
Preventing the scenario of ‘lost’ economic decades: African Debt Crisis and the needed reform of the International Financial Architecture (Provisional Title) IDEAs International Conference, 27-29 March, Accra. For many observers, the current circumstances are dangerously reminiscent of the late 1970s.…
- The African Debt Crisis and the International Financial Architectureby betaideas on 13 March 2024 at 15:31
On the back of the COVID-19 pandemic, African countries face another debt crisis, a situation mirroring the 1970s. Economic contractions, declining raw material prices, and disrupted imports exacerbate this crisis. Initiatives for debt relief have delivered limited results, leaving many…
- Global South Stagnating under Heavier Debt Burdenby Jomo Kwame Sundaram on 13 March 2024 at 07:35
Much higher interest rates – due to Western central banks – are suffocating developing nations, especially the poorest, causing prolonged debt distress and economic stagnation. US Fed-induced stagnation After the greatest US Fed-led surge in international interest rates in more…