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UID:ddb5137d8ef843ebf01dd5532740817a
CATEGORIES:Conference / Symposium
CREATED:20231004T123709
SUMMARY: International Conference on the Political Economy of Development
DESCRIPTION:Theme: Understanding Economic Development through a Smithian lens: On the o
 ccasion of Adam Smith’s 300th birth centenary\nSince the turn of the centur
 y, the world economy has been marred by a series of economic and political 
 crises and catastrophes, arising from seismic shifts in geo-political, demo
 graphic, and climate change related developments. Neoclassical theory and p
 olicy have increasingly struggled to predict or tackle the emerging develop
 mental challenges in both advanced and developing economies. The fundamenta
 l tenets of neoclassical economics – marginalism, methodological individual
 ism, scarcity, and allocative efficiency – are often insufficient in visual
 izing the interconnected nature of global production and distribution. In c
 ontrast, insights from the Classical Political Economists provide an altern
 ative and holistic lens to understand the contemporary organization of the 
 world economy and its impact on economic development in emerging and develo
 ping countries. Adam Smith’s contributions to economic theory have been hea
 vily misinterpreted by the neoclassical economists in defense of free marke
 t capitalism, individual rationality, and austerity of the state. A careful
  reading of Smith can shed ample light on the contemporary workings of the 
 capitalist economy, particularly in terms of the theory of value and distri
 bution, long-run patterns of economic growth and development, limits to eco
 nomic growth and capital accumulation, economic systems like state capitali
 sm, and unequal exchange in international markets.\nIn this conference, we 
 will engage with Smith’s contribution to economic theory and with works tha
 t analyze various economic questions on the political economy of developmen
 t and the current phase of global capitalism, relying on the holistic frame
 work offered in the works of Smith.\nThrough this conference, we will attem
 pt to go beyond the mainstream neoclassical outlook on Smith’s framework, a
 nd view Smithian theory as an alternative framework for understanding conte
 mporary economic processes and economic development.\nFor details, please v
 isit: https://www.flame.edu.in/research/conferences/call-for-papers-interna
 tional-conference-on-the-political-economy-of-development (research/confere
 nces/call-for-papers-international-conference-on-the-political-economy-of-d
 evelopment).\n
X-ALT-DESC;FMTTYPE=text/html:<div class="col-md-10 left-border-title"><p><strong>Theme: Understanding Ec
 onomic Development through a Smithian lens: On the occasion of Adam Smith’s
  300th birth centenary</strong></p><p>Since the turn of the century, the wo
 rld economy has been marred by a series of economic and political crises an
 d catastrophes, arising from seismic shifts in geo-political, demographic, 
 and climate change related developments. Neoclassical theory and policy hav
 e increasingly struggled to predict or tackle the emerging developmental ch
 allenges in both advanced and developing economies. The fundamental tenets 
 of neoclassical economics – marginalism, methodological individualism, scar
 city, and allocative efficiency – are often insufficient in visualizing the
  interconnected nature of global production and distribution. In contrast, 
 insights from the Classical Political Economists provide an alternative and
  holistic lens to understand the contemporary organization of the world eco
 nomy and its impact on economic development in emerging and developing coun
 tries. Adam Smith’s contributions to economic theory have been heavily misi
 nterpreted by the neoclassical economists in defense of free market capital
 ism, individual rationality, and austerity of the state. A careful reading 
 of Smith can shed ample light on the contemporary workings of the capitalis
 t economy, particularly in terms of the theory of value and distribution, l
 ong-run patterns of economic growth and development, limits to economic gro
 wth and capital accumulation, economic systems like state capitalism, and u
 nequal exchange in international markets.</p><p>In this conference, we will
  engage with Smith’s contribution to economic theory and with works that an
 alyze various economic questions on the political economy of development an
 d the current phase of global capitalism, relying on the holistic framework
  offered in the works of Smith.</p><p>Through this conference, we will atte
 mpt to go beyond the mainstream neoclassical outlook on Smith’s framework, 
 and view Smithian theory as an alternative framework for understanding cont
 emporary economic processes and economic development.</p><p>For details, pl
 ease visit: <a href="research/conferences/call-for-papers-international-con
 ference-on-the-political-economy-of-development">https://www.flame.edu.in/r
 esearch/conferences/call-for-papers-international-conference-on-the-politic
 al-economy-of-development</a>.</p></div>
DTSTAMP:20260710T094906
DTSTART;TZID=Asia/Kolkata:20231006T090000
DTEND;TZID=Asia/Kolkata:20231007T170000
SEQUENCE:0
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