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In 1967 Albert O. Hirschman, the pioneering development economist, published
Development Projects Observed. Based on an analysis of a handful of long-standing World Bank projects, the book was an effort, as Hirschman writes in the preface, “to ‘sing’ the epic adventure of development its challenge, drama, and grandeur.” He sang this epic not in the register of high development theory, but rather through the ups and downs and unexpected twists of real-world development projects.
Today, a new group of researchers have taken up a similar challenge.
, a new book edited by Jason Donovan, Dietmar Stoian and Jon Hellin, surveys over two decades of academic and practical thinking on value chains and value chain development. While value chain development encompasses a broad variety of approaches, it has largely focused on improving the ability of small scale, downstream actors such as smallholders in agri-food value chains to capture more value for their products or to