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
- Trade Liberalisation kicked away African Development Ladderby Jomo Kwame Sundaram on 9 May 2024 at 04:55
Africans have long been promised trade liberalisation would accelerate growth and structural transformation. Instead, it has cut its modest production capacities, industry and food security. Berg helped sink Africa The 1981 Berg Report was long the World Bank blueprint for African economic…
- Banga Hype at the Springsby C. P. Chandrasekhar on 2 May 2024 at 06:47
Less than a year back, a former chief executive of Mastercard, Ajay Banga, was in a surprise move picked to head the World Bank. Putting a Wall Street player addicted to profits in charge of a development institution claiming to…
- Water Flowing Upwards: Net financial flows from developing countriesby Jayati Ghosh on 30 April 2024 at 06:15
Once again, low and middle income countries (LMICs) are at the brutal receiving end of the fickle trajectory of international capital flows. As Figure 1 indicates, net financial flows to such countries, which increased rapidly after the Global Financial Crisis…
- Austerity, Dispossession and Injustice: Facets of the debt crisis in Sri Lankaby betaideas on 26 April 2024 at 06:42
Sri Lanka defaulted on its external debt for the first time in its postcolonial history in April 2022. The International Monetary Fund (IMF)-led process of recovery that followed has not only been disastrous in terms of the economic policy package…
- Fetishising the Growth Rate of GDPby Prabhat Patnailk on 22 April 2024 at 08:02
John Stuart Mill was among the foremost liberal thinkers of modern times who wrote extensively on economics and philosophy. Though under the influence of his wife Harriet Taylor Mill, he came closer towards socialism late in his life, it was…