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After having pointed out the diverse uses of the term infrastructure in the literature on the market-economy, the different categories of infrastructure will be described. The argument in this context is that the classification of infrastructure suggested by Jochimsen has proved useful:...
Persistent link: https://www.econbiz.de/10011525280
Persistent link: https://www.econbiz.de/10011526289
Arthur Lewis' seminal 1954 paper and its emphasis on dualism appeared at a time when neither the work of Keynes or Harrod-Domar nor the later neoclassical production function of Solow seemed relevant for developing countries. As a consequence, his model, rooted in the classical tradition, plus...
Persistent link: https://www.econbiz.de/10011607423
This paper makes an effort to trace the course of development thinking and associated development policy over the past six decades. Section I focuses on the early Post-War Consensus, with theory focused on extensions of classical dualism theory and policy concentrating on creating the...
Persistent link: https://www.econbiz.de/10011609655
Until the mid seventies the dependency theory could be relied upon to stimulate lively debate, but nowadays it seems to arouse little interest. There are several reasons for this, a fundamental one being the fact that many of the central tenets of dependency theory have since had to be...
Persistent link: https://www.econbiz.de/10011551259
Criticism within the Catholic churches of Latin America of the IMF and its approach to the development problems of the sub-continent has been persistently increasing in recent years. The measures imposed by the IMF, especially those following the payments crisis of 1982 have met with growing...
Persistent link: https://www.econbiz.de/10011551263
The frequent lamentation that the brain drain is one of the most serious obstacles to progress in the developing countries shows clearly that elites are accorded an important role in the development process. Nonetheless, all there is at present on the function of elites in economic development...
Persistent link: https://www.econbiz.de/10011552940
The salient feature of the theoretical discussion of development problems is still the rivalry between two approaches. An outline and critique of the dependencia school and the modernization theory is provided in the following article which also points out possibilities of combining both these...
Persistent link: https://www.econbiz.de/10011553905
The following article outlines the theories of development strategy which approach the subject from the theory of growth and discusses their practical applicability to planning activities in developing countries.
Persistent link: https://www.econbiz.de/10011556189
Persistent link: https://www.econbiz.de/10011557028