John Toye (economist)

Toye married Janet (née Reason) in 1967. The couple had two children. He died on 12 November 2021 at the age of 79. In addition to his research, his colleagues recounted his knowledge of wine lists, sense of humour, and his 'dram of whisky'.

Some of Toye's prominent works included Dilemmas of Development (1987) and Aid and Power (1991).

Toye's work focused on development economics, studying the economies of developing economies. He did this by studying the impact of multinational agencies like the World Bank and the International Monetary Fund on developing economies. In the late 1980s and early 1990s, he focused his studies on agencies like World Bank and their role in pushing for free-market economics principles on developing economies. This was the basis of his book Aid and Power (1991) which he co-wrote with economists Jane Harrigan and Paul Mosley. The book also studied the conditionality expressed as a part of grants and loans from these agencies. Earlier, in the 1980s, he wrote Dilemmas of Development (1987) in which he countered the prevailing thinking of free-market economists. In a critique against free-market advocates of the time, he wrote that they "first turn liberty against equality and fraternity, then overthrow liberty itself". In the book, he tracked the early days of neoliberalism and the impact of the philosophy on international development.

He started his career as a civil servant with the UK Treasury between 1965 and 1968 before going on to being a development specialist with the University of Cambridge between 1972 and 1980, the University of Swansea between 1982 and 1987, where he was the director at the Centre for Development Studies. He also served as a director at the Institute of Development Studies at the University of Sussex between 1987 and 1997, and as the head of the Centre for the Study of African Economies at the University of Oxford between 2000 and 2003.He was a member of the UNCTAD's Globalisation and Development Directorate between 1998 and 2000, and was the chair of Oxford's International Development Advisory Council from 2009 to 2015.

John Francis Joseph Toye (7 October 1942 – 12 November 2021) was a British development economist and political economist who served as a director at the Institute of Development Studies at the University of Sussex and at the Centre for the Study of African Economies at the University of Oxford. As a development economist, he studied the impact of multinational agencies like the World Bank and the International Monetary Fund on developing economies. Toye is credited with the shaping of development studies as a discipline including serving as the president of UK's Development Studies Association.

Toye was born on 7 October 1942 in Wisbech in Cambridgeshire in the United Kingdom, to Adele (née Francis) and Jack Toye. His mother was a teacher while his father was an engineer. Toye studied at the Christ's College, Finchley in North London, and went on to study history at the University of Cambridge.