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social science subjects > economics > economic concepts > political economy > political economy of development
social science subjects > politics and international relations > political science > political economy > political economy of development

Preferred term

political economy of development  

Definition

  • The political economy of development looks into the fundamental question of why some countries and regions of the world are rich and others are poor. A variety of competing schools of thought seek to explain the main reasons for underdevelopment and how to overcome development challenges. [Source: The Encyclopedia of Political Science; Development, Political Economy of]

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https://concepts.sagepub.com/social-science/concept/political_economy_of_development

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