The Principle of Circular and Cumulative Causation: Myrdal, Kaldor and Contemporary Heterodox Political Economy

The first main section studies the similarities and differences between the Myrdalian and Kaldorian CCC frameworks. The second section develops a general system model of integration between the two traditions. There is a large measure of continuity between the two CCC approaches; they complement eac...

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Main Author: O'Hara, Phillip
Other Authors: Sebastian Berger
Format: Book Chapter
Published: Routledge 2009
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/17115
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author O'Hara, Phillip
author2 Sebastian Berger
author_facet Sebastian Berger
O'Hara, Phillip
author_sort O'Hara, Phillip
building Curtin Institutional Repository
collection Online Access
description The first main section studies the similarities and differences between the Myrdalian and Kaldorian CCC frameworks. The second section develops a general system model of integration between the two traditions. There is a large measure of continuity between the two CCC approaches; they complement each other. Myrdalian CCC concentrates on the social provisioning aspect of development, while Kaldorian CCC centres on demand-supply relationships linked to the manufacturing sector. Linking both CCC approaches in an integrative model enhances our understanding of development and growth dynamics, and contributes to the development of institutional-evolutionary political economy. The third section illustrates a contemporary application of CCC through an investigation of the dynamic forces expanding the scope, network interaction and conceptual-empirical edifice of heterodox political economy.
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spelling curtin-20.500.11937-171152017-05-30T08:03:28Z The Principle of Circular and Cumulative Causation: Myrdal, Kaldor and Contemporary Heterodox Political Economy O'Hara, Phillip Sebastian Berger Principle circular and cumulative causation political economy The first main section studies the similarities and differences between the Myrdalian and Kaldorian CCC frameworks. The second section develops a general system model of integration between the two traditions. There is a large measure of continuity between the two CCC approaches; they complement each other. Myrdalian CCC concentrates on the social provisioning aspect of development, while Kaldorian CCC centres on demand-supply relationships linked to the manufacturing sector. Linking both CCC approaches in an integrative model enhances our understanding of development and growth dynamics, and contributes to the development of institutional-evolutionary political economy. The third section illustrates a contemporary application of CCC through an investigation of the dynamic forces expanding the scope, network interaction and conceptual-empirical edifice of heterodox political economy. 2009 Book Chapter http://hdl.handle.net/20.500.11937/17115 Routledge fulltext
spellingShingle Principle
circular and cumulative causation
political economy
O'Hara, Phillip
The Principle of Circular and Cumulative Causation: Myrdal, Kaldor and Contemporary Heterodox Political Economy
title The Principle of Circular and Cumulative Causation: Myrdal, Kaldor and Contemporary Heterodox Political Economy
title_full The Principle of Circular and Cumulative Causation: Myrdal, Kaldor and Contemporary Heterodox Political Economy
title_fullStr The Principle of Circular and Cumulative Causation: Myrdal, Kaldor and Contemporary Heterodox Political Economy
title_full_unstemmed The Principle of Circular and Cumulative Causation: Myrdal, Kaldor and Contemporary Heterodox Political Economy
title_short The Principle of Circular and Cumulative Causation: Myrdal, Kaldor and Contemporary Heterodox Political Economy
title_sort principle of circular and cumulative causation: myrdal, kaldor and contemporary heterodox political economy
topic Principle
circular and cumulative causation
political economy
url http://hdl.handle.net/20.500.11937/17115