Francis Stewart

Current Third World Development Programs Bring the Wrong Capital and Increase Dependence

Frances Julia Stewart (born 4 August 1940) in Kendal


Is Professor of Development economics and Director of the Centre for Research on Inequality, Human Security and Ethnicity (CRISE), University of Oxford. A pre-eminent development economist, she was named one of fifty outstanding technological leaders for 2003 by Scientific American. She was president of the Human Development and Capability Association from 2008–2010.

She is the daughter of the Cambridge economist Nicholas Kaldor and the sister of London School of Economics political scientist Mary Kaldor.


Early life

Development economics
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Frances Stewart was born in Kendal in August 1940. Her mother was Clarissa Goldschmidt, a history graduate from Somerville College, Oxford and her father, was the famous economist Nicholas Kaldor. The family moved to west Cambridge in 1950.[1]

She studied at Cambridgeshire High School for Girls and then gained a first-class degree from Oxford University in philosopy, politics and economics (PPE).


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