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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 
 occasion of Adam Smith’s 300th birth centenary\n
Since the turn of the cent
 ury, the world economy has been marred by a series of economic and politica
 l crises and catastrophes, arising from seismic shifts in geo-political, de
 mographic, and climate change related developments. Neoclassical theory and
  policy have increasingly struggled to predict or tackle the emerging devel
 opmental challenges in both advanced and developing economies. The fundamen
 tal tenets of neoclassical economics – marginalism, methodological individu
 alism, scarcity, and allocative efficiency – are often insufficient in visu
 alizing the interconnected nature of global production and distribution. In
  contrast, insights from the Classical Political Economists provide an alte
 rnative and holistic lens to understand the contemporary organization of th
 e world economy and its impact on economic development in emerging and deve
 loping countries. Adam Smith’s contributions to economic theory have been h
 eavily misinterpreted by the neoclassical economists in defense of free mar
 ket capitalism, individual rationality, and austerity of the state. A caref
 ul reading of Smith can shed ample light on the contemporary workings of th
 e capitalist economy, particularly in terms of the theory of value and dist
 ribution, long-run patterns of economic growth and development, limits to e
 conomic growth and capital accumulation, economic systems like state capita
 lism, and unequal exchange in international markets.\n
In this conference, 
 we will engage with Smith’s contribution to economic theory and with works 
 that analyze various economic questions on the political economy of develop
 ment and the current phase of global capitalism, relying on the holistic fr
 amework offered in the works of Smith.\n
Through this conference, we will a
 ttempt to go beyond the mainstream neoclassical outlook on Smith’s framewor
 k, and view Smithian theory as an alternative framework for understanding c
 ontemporary economic processes and economic development.\n
For details, ple
 ase visit: https://www.flame.edu.in/research/conferences/call-for-papers-in
 ternational-conference-on-the-political-economy-of-development (research/co
 nferences/call-for-papers-international-conference-on-the-political-economy
 -of-development).\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:20260411T060318
DTSTART;TZID=Asia/Kolkata:20231006T090000
DTEND;TZID=Asia/Kolkata:20231007T170000
SEQUENCE:0
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