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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/10010322069
This paper extends the history of thought narrative on Allyn Young to recognize the close relationship that the classical growth theory has with the early development theory, as Young’s externalities-fuelled, cumulative growth process influenced the theoretical thought of the early development...
Persistent link: https://www.econbiz.de/10010279213
In seiner Dissertation "The Impact of the Socio-Cultural Structures of the Kambata/Ethiopia on their Economic Development. An interdisciplinary and cultures comparing approach to discuss the issue of economic developement" beschäftigte sich Herr Gebrewold mit der Frage nach den sozialen und...
Persistent link: https://www.econbiz.de/10013480245
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/10010369124
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/10010369187
At the beginning of the twenty-first century there is a rare coincidence of profound transformations in a number of areas, in population dynamics, in human settlements, in science and technology, economics, social stratification, in the role and functions of the states and in the global power...
Persistent link: https://www.econbiz.de/10010284869
Optimum Currency Area (OCA) approaches turn to be inadequate in the analysis of the new regional monetary integration schemes that have sprung up among developing and emerging market economies. Instead, in accordance with the concept of 'original sin' (Eichengreen et al.) we argue that regional...
Persistent link: https://www.econbiz.de/10010293516
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/10011469611
Persistent link: https://www.econbiz.de/10011469724
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/10011469861