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The Leontief Prize has been awarded by the Global Development and Environment Institute (GDAE)

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outstanding contributions to economic theory that address contemporary realities and support just and sustainable societies.

The Leontief Prize winners say many things that are relevant to the Philippines.

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I first noticed that I had written about these contributions by many Leontief Prize winners when I posted on modern industrial policy and Dani Rodrik, who won in 2002.

Leontief Prize. GDAE. Tufts University

Click for link to GDAE website at Tufts University.

While it has a much shorter lineage than the century-old Nobel, the Leontief Prize winners, to me, represent a more forward looking group in terms of the issues espoused. I think the Nobel will start giving awards on sustainability in about twenty years.

The Global Development And Environment Institute at Tufts University

From its website, the GDAE is a research institute dedicated to promoting a better understanding of how societies can pursue their economic and community goals in an environmentally and socially sustainable manner.

GDAE pursues its mission through original research, policy work, publication projects, curriculum development, conferences and other activities.

SYNTHESiST and the Leontief Prize

While I have written of the Nobel winners because they represent the best in innovation, I did write about GDAE’s Leontief Prize winners because of congruence in the areas that they worked with SYNTHESiST’s interests.

More importantly, I found that I agree with their general perspectives on justice and sustainability.

I have written more about earlier winners on economics in general and less about later winners and sustainability.

Below is a list with links to those in SYNTHESiST.

Leontief Prize Recipients linked to SYNTHESiST posts

2000 – Amartya Sen (on Development as Freedom) and (on Justice), and John Kenneth Galbraith (on countervailing powers)

2001 – Herman E. Daly (on Sustainability and resource finitude) and Paul P. Streeten

2002 – Alice Amsden (on South Korea) and (on Taiwan), and Dani Rodrik (on modern Industrial Policy)

2004 – Robert Frank and Nancy Folbre

2005 – Ha-Joon Chang and Richard Nelson (on appreciative theory and of coevolution)

2006 – Juliet Schor and Samuel Bowles

2007 – Stephen De Canio and Jomo Kwame Sundaram

2008 – José Antonio Ocampo and Robert Wade

2010 – Bina Agarwal and Daniel Kahneman

2011 – Nicholas Stern (on economics of climate change) and Martin Weitzman

Who was Vassily Leontief?

What leaps out to me from his biography was the Nobel Prize in 1973 that he won for developing Input-Output (I-O) analysis that defines real linkages in any economy.

I-O analysis out to be part of any national plan. I do not think it is in the Philippines though I think it is well taught at the University of the Philippines School of Economics.

SYNTHESiST also shares his concern for “a proper balance between theoretical and empirical analysis.”

From the GDAE site, I paraphrase a brief biography of Vassily Leontief.

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The Leontief Prize has been awarded by the Global Development and Environment Institute (GDAE)

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Part of the Confessions collection

Published on November 17, 2021

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