Download Alternative Strategies for Economic Development by Keith Griffin PDF

By Keith Griffin

The query of other techniques for fiscal improvement is the topic of serious controversy and excessive debate among practitioners and lecturers curious about monetary and social growth within the 3rd international. The middle of this booklet is an research of the six most generally followed ideas of improvement specifically monetarism, the open economic climate, industrialisation, the golf green revolution or agriculture-led improvement, redistributive suggestions of improvement and socialist ideas.

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39. RD, World De1•elopment Report 1986, Washington, 1986, World Development Indicators, Table I, pp. 180-1. The low-income economies are the 36 countries with a per capita income of less than $400 in 1984. 40. The point can be made in another way: 24 of the 28 low-income countries for which we have data grew less rapidly than the industrial market economy countries in the period 1965-84. 41. In 1983 about a quarter of the country's population, according to official figures, spoke no French. Moreover, "the Third Republic found a France in which French was a foreign language for half the citizens".

See Amartya Sen, op. , p. 163. 29. See Marshall Sahlins, Stone Age Economics, Chicago, Aldine-Atherton, 1972. 30. Marshall Sahlins, "The Original Affluent Society", Development, 1986:3, p. 22, emphasis in the original. 22 31. The source of the calculations is State Statistical Bureau, People's Republic of China, Statistical Yearbook of China 1984, Economic Information and Agency, Hong Kong, 1984, Table I, p. 466; Table 2, p. 467; Tables 5 and 6, p. 473 32. IBRD, China: Socialist Economic De1•elopment, Baltimore, Johns Hopkins University Press, 1983, p.

9 per cent 37 • World inequality evidently rose dramatically during that period. More recent work, covering the period 1950 to 1977, shows that the outcome depends on whether or not the socialist countries are included in the calculations 1x. 3 per cent in 1977. 68. However, if one includes the 17 socialist countries the share of the poor remained constant, at I. 67. One country, China, because of its huge size, makes all the difference to the outcome. This can be seen more clearly if one considers World Bank data for an overlapping period, 1965-84.

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