Theories of Development
Key points about the different theories of development
- Created by: Gabzay
- Created on: 18-09-13 22:43
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- Theories of Development
- Modernization
- Development is often understood as a process of becoming 'modern'
- 'Modern' has usually applied to being like 'the West'
- In economic terms - commercial rather than subsistence agriculture
- In social terms - class groups rather than family or tribal affiliations
- In political terms - democratically elected governments rather than tribal or religious forms of organization
- Eurocentric
- Walt Rostow (1960)
- Structuralism and Dependency
- Factors external to the poorer countries (exogenous factors) are of much greater importance
- These ideas and theories developed in parts of the Global South
- It is important to consider how understandings of and approaches to development are a product of particular temporally and spatially specific contexts
- Rahul Prebisch and the UN Economic Commission for Latin America
- Important to consider the current reality of Latin America when choosing development policies, rather than following northern-based models
- 'Structuralism' focuses on the structures of the global economy and how these might help or hinder development attempts
- Policy implications in Latin America: promote protectionist policies and state intervention
- This allows Latin America to develop, i.e. industrialize, urbanize and increase standards of living
- Development as a goal was the same as described by modernization theorists, but the process was slightly different
- Untitled
- Neo-liberalism
- Modernization
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