What have been the main schools of thought that have emerged in the last 70 years and what have been the main concerns of each one?

Topic: political economy of development
Order Description
Compare and contrast the function and relative importance attached to growth and equality in the different theoretical perspectives about development that have evolved since1945.
Recommended reading for this essay
See lectures 7, 8 and 9,
Marks for this essay are also awarded for your having searched and found additional relevant literature but you must ensure that you do all the recommended reading.
Try searching around the following
Growth and equity in Developing Countries
Growth and inequality trade off
Growth and inequality in Developing Countries etc;
Specific Advice for this essay
This essay is a literature review whereby you are surveying the evolution of development thinking since 1945 and in particular the different approaches taken to the meaning of development. You are asked to identify the key ideas and their implications for overall policy design and to compare and contrast the competing perspectives that have been taken.
• What have been the main schools of thought that have emerged in the last 70 years and what have been the main concerns of each one?
You need to show that you are aware of the different schools of thought in development (classical/neo-classical, structuralist/institutionalist. Dependency and Post-Structuralist and what have been their main concerns relating to growth and equity?
• Who have been the key thinkers and what have been the key theories that have emerged?
The vital thing in the essay is that you are able to identify the key ideas from each of the schools of thought using the reading that is outlined in both the module handbook and also which is in the reading folder in MyBeckett
• What have been the main areas of disagreement that have emerged in particular relation to the relative importance of a development strategy grounded in growth or equity?
You need to critically compare the competing views about the end goals of development policy in relation to growth and equity. What are the key differences between all the writers that you have been asked to read and between the competing perspectives in general/
• To what extent are you able to identify any areas of common ground?
Here you are invited to evaluate the extent to which there may be an emerging new consensus about the relationship between growth and equity but to do this you will need to find some up to date material from the major development organisations such as the World Bank and IMF. To what extent did the adoption of the MDGs and the new Sustainable Development Goals represent a new consesnsus?
Hopefully you will do a lot of reading for this question and you can list this in a bibliography at the end (this can be excluded from your 1500 word limit for the review).!
For this literature review you will need to show the depth and breadth of reading that you did in order to allow you to be in a position to offer a balanced answer to the essay question. It is important that the reading covers all the competing views that relate to the chosen topic.
You need to justify your choice of reading by stating what it was you were researching into and what questions you were looking to answer and how you feel your chosen sources enabled you to do this. You will read widely for this review you and select sources that you have read which you feel were the most useful in helping you to formulate your views and which would help the reader of your review gain a good general grasp of the competing perspectives in the political economy of development
The review should have a structured argument which answers the question set. In your introduction you should clearly state what you are going to argue and how you will substantiate this. You should refer to theories and concepts that you will employ and indicate how you are going to arrive at your conclusion. The main section of your essay will logically develop this argument and you will show how you deal with alternative explanations. You final conclusion should follow logically from your main section. It should not introduce new material.