Jump to ContentJump to Main Navigation
Enlightened AidU.S. Development as Foreign Policy in Ethiopia$
Users without a subscription are not able to see the full content.

Amanda Kay McVety

Print publication date: 2012

Print ISBN-13: 9780199796915

Published to Oxford Scholarship Online: May 2012

DOI: 10.1093/acprof:oso/9780199796915.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 10 December 2019

A Global Economy

A Global Economy

Chapter:
(p.38) 2 A Global Economy
Source:
Enlightened Aid
Author(s):

Amanda Kay McVety

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199796915.003.0003

In the opening decades of the twentieth century, economists challenged racialized conceptions of progress with new theories of economic growth that were (as had been their eighteenth-century predecessors) universally applicable. The key innovation was the creation of the concept of “the economy”—an entity that could be studied and, ideally, manipulated into growth. Relying on newly available statistics of incomes around the world, economists began creating models of growth and arguing for the viability of making economic assistance a factor in international relations. Progress could be available to all, if only the right policy tools were put into place. These ideas gained ground in Washington, D.C., during World War II, when policymakers began discussing the possibility of manipulating the global economy into growth in order to secure the stability of the American economy.

Keywords:   growth theory economics, The Economy, welfare economics, John Maynard Keynes

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .