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Development Projects Observed
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Originally published in 1967, the modest and plainly descriptive title of Development Projects Observed is deceptive. Today, it is recognized as the ultimate volume of Hirschman's groundbreaking trilogy on development, and as the bridge to the broader social science themes of his subsequent writings. Though among his lesser-known works, this unassuming tome is one of his most influential.
It is in this book that Hirschman first shared his now famous "Principle of the Hiding Hand." In an April 2013 New Yorker issue, Malcolm Gladwell wrote an appreciation of the principle, described by Cass Sunstein in the book's new foreword as "a bit of a trick up history's sleeve." It can be summed up as a phenomenon in which people's inability to foresee obstacles leads to actions that succeed because people have far more problem-solving ability that they anticipate or appreciate.
And it is in Development Projects Observed that Hirschman laid the foundation for the core of his most important work, Exit, Voice, and Loyalty, and later led to the concept of an "exit strategy."
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Albert O. Hirschman
Economista, político y científico social. Estudió en el Liceo Francés de Berlín, la Sorbona, la École des Hautes Études Comerciales de París, la London School of Economics y la Universidad de Trieste, donde se doctoró. Desarrolló su actividad profesional en Estados Unidos; fue profesor en las universidades de Yale, Columbia y Harvard. Su postura defiende la tesis del crecimiento económico desequilibrado por considerarla impulsora fundamental del desarrollo económico. Fue consejero económico de la República de Colombia. Ha obtenido reconocimientos y premios en todo el mundo. Algunas de sus obras más difundidas son: La potencia nacional y la estructura del comercio exterior (1945), Estrategia del desarrollo económico (1958), Estudios sobre política económica en América Latina (1963), El comportamiento de los proyectos de desarrollo (1967) y Desarrollo y América Latina: obstinación por la esperanza (1971).
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