Theory and Reality in Development

Essays in Honour of Paul Streeten

  • Sanjaya Lall
  • Frances Stewart

About this book


This collection of papers by some of the world's leading development economists is remarkable for its wide scope. It covers such varied topics as stagflation in the third world; the extension of free trade to include international investment; the early 1980s in Latin America; the economic growth of Africa and communal land tenure systems and their role in rural development. As well as representing important contributions in themselves, the papers acquire unity from a similarity in approach - always giving priority to reality if it comes into conflict with theoretical bias.


conflict decision making development economic growth growth instability investment John Maynard Keynes Keynes science and technology service stability trade welfare

Editors and affiliations

  • Sanjaya Lall
    • 1
    • 2
  • Frances Stewart
    • 3
    • 4
  1. 1.Institute of Economics and StatisticsOxfordUK
  2. 2.Green College OxfordOxfordUK
  3. 3.Institute of Commonwealth StudiesOxfordUK
  4. 4.Somerville CollegeOxfordUK

Bibliographic information

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