Yale Economic Growth Center, and the Development of Development Economics
Though a major area of economics today, the field of development economics was still nascent in the 1950s and 60s. During this period, when colonies were gaining their independence, questions of what issues should be posed by this field, by whom, and using what methods were robustly debated. Today, as Covid-19 threatens to reverse decades of progress in developing economies, the same questions are being revisited.
In this series, we revisit the decade following the founding of the Yale Economic Growth Center in 1961, and examine how the Center sought answers to these questions through research in the field.