UNIT 1
BASIC SIC CONCEPTS AND ISSUES IN
ECONOMIC DEVELOPMENTDEVELOPING NATIONS:
DIVERSE STRUCTURES
= AND COMMON
= CHARACTERISTICS
— tt
‘Asian and African countries succeeded in
pendence, they decided to embark on the
ud not ignore thir existence. In doing so
dof mind in these countries could have independent
analysed the causes oftheir underdevelopment and would have suggested a development
have suit est ofthe West. This would have been disastrous forthe Wester ol
issues pertaining tothe economies of former colonies suddenly became favourite subjects for stu
US.A. and other Western countries and over the past seven decades considerable work has been done inthis
tunderplays the role of colonialism i the underdevelopment of Asian, African and
most ofthese studies one doesnot find any reference to the historical past
«partial view ofthe present day reality, policy recommendations have been made
inan ideologically based framework. In addition, some economists have attempted to work outgrowth models
forthe underdeveloped countries. In this book, it snot our purpose to survey whole of this iterature, We shall
confine ourselves tothe main issues in economic development.A DEVELOPING NATIONS THEIR OVERSE STRUCTURES
en
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TT ey csp et Pe
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a te eh one de ae
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sists git itn non mane
Sipe fined y San eee ace te West Egencia a tp
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slp al hlecte cn mange mals roth even ty a esa eral
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‘om te ont of view ofthe dvelgmeno he ner Ith ben aoe ha rte te
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7. ems Te Oey Ty ae ee eee at Ame
Dre Barats apn Pe
DEVELOPING NATIONS: THEIR COMMON CHARACTERISTICS
sere tipenmenr cre ee a
snes tae tag eee
‘erat eal mcrae rer de tmeetomeney
‘Sitesi aly apt ops ape peo a
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ee Re eccoee Min tues cpg rie at om ON? pt ia eg
ee eperan mlvcys cone Reet ta ble
Ne eS ns cies ew tat coe neg a a earn
a ec cged cums Fr ple we a may 18 ew ome
SASSI rth pen 0 re 0 econ ene cone
Cae Com, asad Cnt Aten Repl ane
ee scees re eS] canes er which are Pon
acme cn rd res Maeve, nro
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ironic ctmsee wo reo
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sitet ee mn ae Sigel ee aparece
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mone ects pene atten ae ce
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eet uring my tein’ bei 2 :
nde cman wl be Med ed ora TR Trlr cin Ted Woe
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cont tenes ide Hem ve nl een ee
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m CONCEPTUALISING .
® DEVELOPMENT a
a a
Dn se pont Wi Wa pel meine ig rons es
coum ai Pee developmet cathe en Sic ee pias ome a Hen oe
Sam ply my Sve mcr ey hg ret ors A
apenas owt er dt he gen cma Thong ae et PSS
el i pment cummin wa
2h at ne perc imo ned te onc BOND WH ST
a a a no mpi, ee esd Ya
ctr tn nar ccs vcore cone TET
ety cy aly Sed ee oer ay ie ees
entre cline Bch min
Sn tienes he cone fen NE ett eae wrtingson 100
deve a fean totems have bemused mmo Hos
ie oe ssicton whe eas of wth ats 9
a daring pst ix ede any eet eri A uncom bve manage ob
thew sagan Inf roar
Fave surpassed th average sot
Feadway towards he goa of elimi
este ve pate raed ad tbe
the path of economic growth. In most vf these couric peogress on the employs
they had embarked 00
exe vey disappointing. Te mmber of
fron provide for any socal security mess
on povery nd deprivation. Dans os
i" ‘a kind of hell; and one cannot ‘understand how cruel
xis in these counties“
pom poverty as an object
Development is no
change. Tere are qualitative
fbn economy expressed
i at ft
nerscasins inthe development EES
tags of an nese in mations pode ot
x he pets ow het
Tin Worl ois. THe
pessoas wD
Sr baer ese counses tava made a)
ro crm forms ofporery nce nies fe
xy autre ay were sx esas a WN
ne jl asd ovr te yuna 0 SHER
oo alo gt employe the meme,
Mein sass that eon poet?”
denial with growth I i taken to mn sro Pe
ich maybe ising inthe owt
The ruc per capi, Development
al merely Dy BBINEFace eeeleaee
“The Now Wate Ore Approach
miu etna yh at etcin
‘ois ntis felt inatcicnc nem antsy aves wands one
‘el an sce nese be ng
‘Sevriwurerctirmen cane etpmen™trbecr howe eit
Resttprcn steep ss pits a efi tal fam be nN
‘mean coy ung rod 9 sane of ene ae he
‘occ testy cc fem cmon aria eyed oo
‘Sums ep ne of enclose ie
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ia fanent Cn PR ol Be Hane, "ems See
(tele a pence ml wl cpiy fr poe be ot come
‘tcf port wher fc yeh chngs ea
‘ep nt pe ess nti spe eho
‘Grand ahem erny nc ay teaches ge
‘tng Wr pn ae tsa ppd ey
> SS Stn ten es Ae A i
‘wipe ocntat me ban ky om
‘GROWTH ANO DEVELOPUENT: A CONTRAST IN CONCEPTS.
nee ter nmi orden ea ancy sa
ants nar psy yn pein Oa ly mee rn po a
TSR rae en gata op oer mer calomel
co A ecm tpt alone wr mega ¥en POY
‘SRS Pama ne scm ets ay en Se as
+ nao an i ema Dp een a, ion 2.ies See tte eas ne al ml
eich steiner copes oe a ee
«eeu sump Inmet Wescn oe acer niin eal
Tower me heme Be ve ag! el
sin pareunertocs trots compared othe us Ween ede
vy ene nse o
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rt Us tae nines enon ntl
ARETE ptm ome cure wiles or oer or une, enn a
reel chang ra cn Slr eae Eveniexcuns maar lol
ninth as ies a ee
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‘toa tt sara treme nee ere be
einem sanstncnesene cena,
eh pa ne cps ay emi pen ai
soto ei aon ca ps ce ne
Fer cee eta lpm ea ey oe ai et
ae naan pan como tl or rc oto taaang ose ee
“es mee n eniTe meti ei
(poole Tidy te oe fina supe °
Saabs ere eon i *
Se lite ne | :
a Sa Sa SPO Po oe
eae a ng wet a
er enn ames nese ————a ome paca ool
rc Tn pling one at rgb ona
MODERN GROWTH AND THE RISE ININTERNATIONAL NEQUALTIS
telnet on enim en
a ac ret om omc a ei nin
LSEANiNictet arte and are er re
1a a nce pol tne
et haa an pel chaee san e
TOSI omy en ope at ae Ncme eeat onset cones sea
hs il nos res ne a
Shc peta nose ec ny sme
ry ep ci gn cove al Tea
Tora eho emp we ea sccm ae
9 see. Acorn csi CP
a ng ety pte aru Oren a
so ada eeepc pono eel he
oe mami The poblen pean nsh mae cn
TE che dreds under pe a
yess th ye
‘Shosospatene meta nt eat
‘oat ct se leno oop ea
ag re a cee eee
SNe wna mater tore
ec eee ee crenata ore te
a tind maroon ope bone oS
‘Ses ein pe enhanc ie
‘CONVERGENCE OF DEVELOPMENT|
‘he deepen ayn fae ey, ewe
set oer tome io wah osamaLS OLN tase ay
ama pow we sya ma 09 sac se
‘niece coq wcrecarenegg eee
fe ame sg pon eas
Senn ee geen,
“ea
erro 77" esa
This implies at suming he egw insmecomy wit pr capa ima aa
Seen perma oa ae 125 yen Yelts SEO 263 0
The stove dicusio shows at be uneeloped conreseuevey g pd
caret vel of eee cane fe Sop ore,
une a et rt te eo
cust me Oey dete pen ai
sal + omn3¢
om ts expesinwe cn find in ow may yah mp ten ie
se gap eee he ect inca
ow income sons an eee cans wilh wie Tose aeoname fDeropment ond Pening
tog 37395
hich itt = "S709
ToECLOT)— log ODT,
s0vern the county. For instance afer