Development theories
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2013
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Abstract
The history of development theories suggests that specialists should resist pressure to embrace consensus, as no theory is immune to changes in social values or current policy problems. Development is not just a matter of economic growth; the way the economy is organized and the productivity of economic activity are unquestionably of central importance in any consideration of development. The same factors can have different implications in different contexts. Pluralist institutional theories pay more attention to context, and at least promise to advance the objective of “development as freedom.” This chapter traces development theory over the past 50 years.
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CAPABILITY APPROACH, STRUCTURALISM, MODERNIZATION, NEOLIBERALISM, INSTITUTIONS, DEVELOPMENT THEORY, FREEDOM, HUMAN DEVELOPMENT, HUMAN RIGHTS, GLOBAL, GLOBAL SOUTH, INTERNATIONAL DEVELOPMENT