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Revista de Economía Institucional
Print version ISSN 0124-5996
Abstract
SANDILANDS, Roger. Albert Hirschman, Lauchlin Currie, 'linkages' theory, and Paul Rosenstein Rodan's 'Big Push'. Rev.econ.inst. [online]. 2018, vol.20, n.39, pp.53-68. ISSN 0124-5996. https://doi.org/10.18601/01245996.v20n39.03.
This paper introduces an unpublished 1970 work written by the distinguished development economist Lauchlin Currie (1902-93) on Paul Rosenstein Rodan's famous 1944 essay on the "Big Push" which led to the debate on balanced and unbalanced growth in which Albert Hirschman (1915-2012) was an important contributor. Both Currie and Hirschman had been key economic advisers to the Colombian government and here their respective views on development planning are contrasted. In particular, it is shown how Currie's 1970 paper clarifies the theory that serves as the basis for Colombia's 1971-74 National Plan, which he designed and helped execute, and whose institutional innovations have had a lasting impact on Colombia's recent economic history.
JEL:
E10, E14, E16.
Keywords : Lauchlin Currie; Albert Hirschman; balanced growth; unbalanced growth; Great Impulse; linkages.