modernization theory
2 episodes mention this concept
NewEconomicThinkingJul 5, 2023Dependency Theory and the Decolonization of Economics: Challenging Eurocentrism and Understanding Global Inequality
EconomicsDependency TheoryEurocentrismPeriphery (economies)Center (economies)- MIT Open EconomyApr 5, 2023
Behavioral Development Economics: Addressing the Euler Equation Puzzle and Psychological Dimensions of Poverty
EconomicsBehavioral Development EconomicsModernization TheoryRational ActorsPoor but Efficient (Schultz)
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Related concepts
Concepts that appear alongside modernization theory across episodes.
- global historical approach
- limited attention
- marginal product of capital
- structures of production
- discount rate (delta)
- financialization
- mental accounting
- periphery (economies)
- systematic deviations from standard models
- monetary autonomy
- biased beliefs
- trade deficits
- institutionalism
- behavioral development economics
- developmentalist theory
- poor but efficient (schultz)
- eurocentrism
- quasi-hyperbolic discounting
- structuralism
- non-standard decision making