My institute has just announced the winners of its 2013 Leontief Prize for Advancing the Frontiers of Economic Thought, and I’m proud to announce that the winners are (…drumroll…) Albert Hirschman and Frances Stewart. There is exciting and renewed attention to development economics in the wake of the global financial crisis, as developing countries pick through the rubble of orthodoxy in the hopes of rescuing something of value. Albert Hirschman and Frances Stewart have certainly given us all much of value, and the current prize is a fitting tribute to another great development economist, Alice Amsden, one of our previous Leontief laureates who passed away earlier this year. (See Kevin Gallagher’s lovely tribute to Alice on Triple Crisis.) As Global Development and Environment Institute co-director, Neva Goodwin, said, “A serious return to development theory must start with the work of Albert Hirshman, one of the early leaders in the field. Frances Stewart’s practical and theoretical work on the challenges of modern development further advances such interdisciplinary approaches to international development.”
Read the announcement of the awards and more on the Leontief Prize, including last year’s event featuring lectures by Peter Timmer and Michael Lipton and interviews with each.
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