Ursula Hicks and Vera Lutz’s Contributions to Development Finance

Lucy Brillant ()
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Lucy Brillant: LEDi - Laboratoire d'Economie de Dijon - UB - Université de Bourgogne - CNRS - Centre National de la Recherche Scientifique

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Abstract: This paper analyses the different approaches of two pioneering economists in the field of development finance, Ursula Kathleen Hicks (1896-1985) and Vera Constance Lutz (1912-1976). While research in economics in the 1950s focuses predominantly on finance in already developed countries (Goldsmith, 1969 and Gurley and Shaw, 1955), Hicks and Lutz extended the analysis to developing countries and/or regions – an original initiative for this period of time. Interested in the study of money and banking, Hicks and Lutz nevertheless had different beliefs on the way to promote economic development. This difference of thought comes from differing philosophical backgrounds.

Keywords: development banks; free banking; the nature of money; central banking (search for similar items in EconPapers)
Date: 2018-09-30
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Published in Robert W Dimand; Kirsten Madden. Routledge Handbook of the History of Women’s Economic Thought, 18, n°18, pp.341-357, 2018, Routledge Handbook of the History of Women’s Economic Thought

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01696194

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