The Oromian Economist

  Theorizing Development                                                                                                            JEL: A11, A23, B13, D2, D6, O1, O5 Temesgen M. Erena (DPhil), Economist From historical perspectives, the urgency underlying the contemporary development quest of developing economies has been recogni z ed for the last eight decades. Of course, this should not be considered as that there were no problems of development prior to 194...

  Methodological Individualism as  a development Model and its Critics                                           Temesgen M. Erena (DPhil), Economist JEL: A11, A23, B13 The orthodox (neoclassical) world view comprises research programmes that are basically concerned with applying the tenets of neoclassical economics to the study of developing economies . From such a perspective, the principles underlying the economics of developing economies are the same as, or can be considered extension of those governing the economics of developed nations . This implies that meaningful epistemological activities within the development economics cannot be conducted without first determining its inextricable intellectual and analytical ties to mainstream economics. According to Rostow (1960), th...