Applied development economics theory produced disastrous results across Latin America

Evidence

This is an example of a general principle: a philosophy developed in a politically and economically advanced country, which is, in its birthplace, little more than a clarification and systemization of prevalent opinion, may become elsewhere a source of revolutionary ardour, and ultimately of actual revolution. … In the advanced countries, practice inspires theory; in the others, theory inspires practice. — Bertrand Russell, History of Western Philosophy, 2180 (#qualifies, via linked claim)

Categorization

  • XREF: connects to: Latin America’s underdevelopment stems from its early insertion into world capitalism.; Transplanted philosophies operate differently depending on a countrys economic development stage — Bertrand Russell, History of Western Philosophy, 2180; The dependency school explained underdevelopment as a structural effect of the world economy. (+4 more)

Broader Connections