Perkins argues that development theory can be improved by considering the causal effects of precapitalist structures in developing countries on their transition to capitalism. Applying French Structuralist analysis, she proposes a theoretical framework tying production relations to key issues in development. The opening chapters review and critique French structuralist thought. The book also examines the structuralist theory of production modes, the concept of economic calculation, a new theory of prices, inflation in developing countries, and agricultural credit expansion, export subsidies, tenancy and labor laws, and land taxation. Finally, Perkins invites others to transcend the limits of orthodox thinking and to seek creative solutions to the problems of underdevelopment.M. KATHERINE PERKINS is an internationally known development economist. Dr. Perkins is graduate professor of Economics at Howard University in Washington, D.C., where she has been lecturing in the areas of international trade and development since 1981.
Foreword by Keith Hart
Theories of Economic Development
Introduction to Structuralism
Values, Money, and Prices in a Theoretical Synchrony
Distribution and Accumulation in a Synchrony
The Theory of Noncorrespondence
The Transitional Mode of Production
Social Formation and Dissimulation
The Theory of Economic Calculation
Theories of the Transition
Economic Calculation in the Capitalist and Feudal Modes of Production
The Theory of Economic Development Revisited