Several years have passed since the failure of shock therapy to create a vibrant market economy in Russia. Some of the architects of the original plans have admitted that their strategies were naive, incomplete, or excessively ambitious. Others still insist there were no viable alternatives. In...

Throughout human affairs there are two dual logics. Albert Hirschman investigated the two logics as the parallel-oriented logic of exit and the series-oriented logic of commitment, loyalty, and voice. Economics focuses almost exclusively on the logic of exit and questions of institutional design...

The purpose of this paper is outline an alternative theory of development assistance by analyzing the old strategies for technical cooperation, capacity-building and, in broader terms, development assistance in a way that will point to new strategies. The perspective is the very old idea that...

Jane Jacobs is best known as a writer about cities and as a vigorous critic of urban planning. The purpose of this paper is to suggest that she should be read as a writer on economic development who focuses on cities as the principal sites of development. The recent upsurge of interest in...