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Revista de Economía Institucional
Print version ISSN 0124-5996
Abstract
CURRIE, Lauchlin. The Big Push and Balanced and Unbalanced Growth. Rev.econ.inst. [online]. 2018, vol.20, n.39, pp.69-92. ISSN 0124-5996. https://doi.org/10.18601/01245996.v20n39.04.
This article, which is both a contribution to the history of economic thought and a clarification of the theory of economic development on which the Colombian Development Plan of 1970-1974 was based, The Four Strategies, discusses the proposal of Paul Rosenstein -Rodan to accelerate growth in developing countries, and criticizes Albert Hirschman's views on the false problem of balanced growth-unbalanced growth that, in the author's opinion, wasted a lot of time and effort, and diverted attention from the real problems that should be the subject of development theory and policies to accelerate economic growth and exit from underdevelopment.
JEL:
B10, D31, D51.
Keywords : Rosenstein-Rodan; Big Push; balanced growth; unbalanced growth; Albert Hirschman; linkages.