In Good Company: About Agency and Economic Development in Global Perspective

Stellenbosch Working Paper Series No. WP23/2011
 
Publication date: 2011
 
Author(s):
[protected email address] (Department of Economics, Universities of Utrech and Stellenbosch)
 
Abstract:

The paper discusses some evidence, based on a review of new literature on economic history, about what is referred to as the Sen-hypothesis, that increasing human agency (of both men and women) is a key factor in economic development. It briefly discusses various dimensions of agency (or its absence): slavery (as the absolute suppression of human agency), access to markets, agency concerning marriage, and political participation. This concept perhaps also allows economic historians to move beyond the historical determinism that is central to much recent work in this field.

 
JEL Classification:

N00, O10, O15

Keywords:

agency, economic development, economic history

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BER Weekly

27 September 2021
Besides the escalating woes at leading Chinese property group Evergrande, global and domestic financial markets were focused on a slew of central bank policy meetings last week. ...

Read the full issue