SLIDES 2 - What Is Development
SLIDES 2 - What Is Development
SLIDES 2 - What Is Development
achieved?
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CLASS OBJECTIVE >>
What is development?
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CLASS OUTLINE >>
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1. A framework >>
Intellectual
underpinning & Development
Time period Context
conceptualisation of Strategy
development
Intellectual tradition
Notion of development
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2. The evolution of an idea >> social transformation
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2. The evolution of an idea >> the idea of progress
Time period Context Intellectual tradition Development
Goal of development Strategy
Secularism Use of secular
Renaissance Humanism science and reason
1600 – 1800 Scientific-Rationalism to understand and
Reformation
progress improve society
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2. The evolution of an idea >> social transformation
Time Context Intellectual tradition Development Strategy
period Goal of development
• Industrial development
(Social) Scientific Method in a laissez-faire political-
economy
Early Capital accumulation
1800s • Proletariat-led industrial
capitalism Smith: IRS under laissez-faire;
development
Marx: capitalist critique; science and
socialist development
• Culture (value systems
Weber: cultural change and capitalism
matter)
“...any increase in capital stock in a country generally leads to more than proportionate
increase in output on account of continually growing division of labour” - Adam Smith
[capital is not a thing but a definite social relations] “The means of production become capital...
only insofar as they have become separated from the laborer and confront labor as an
independent power” - Karl Marx
“Calvinist believers were psychologically isolated. Their distance from God could only be
precariously bridged, and their inner tensions only partially relieved, by unstinting, purposeful
labor.” – Max Weber (1864-1920)
2. The evolution of an idea >> social transformation
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2. The evolution of an idea >> development economics revolution
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2. The evolution of an idea >> early post-WWII
Time Context Intellectual tradition Development
period Goal of development Strategy
Keynesianism & Keynesian capitalism
Reconstruction economics
Early Socialist-Communism Foreign Aid &
1940s
Post-WWII Assistance
Material wellbeing via…
Socialist/Communist
“For the mere existence of an insufficiency of effective demand may, and often will, bring the
increase of employment to a standstill before a level of full employment has been reached”
– J. M. Keynes
“…we must embark on a bold new program for making the benefits of our scientific
advances and industrial progress available for the improvement and growth of
underdeveloped areas…” - Truman four-point speech, 20th Jan 1949
“…the transition from capitalism to Socialism and the liberation of the working class from the
yoke of capitalism cannot be effected by slow changes, by reforms, but only by a qualitative
change of the capitalist system, by revolution. Hence, in order not to err in policy, one must be
a revolutionary, not a reformist.” - J. Stalin (1941)
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2. The evolution of an idea >> development economics revolution
Time Context Intellectual tradition Development Strategy
period Goal of development
Modernisation
Modernisation theory
Following linear
Weberian
(Western) trajectories of
Western capitalist economic
development
history
Decolonisation
Internal Structural Economic Transformation
1950s & Cold War rivalry Dual-sector Transfer of surplus
1960s Balanced and Unbalanced labour from primary to
Development investments secondary sectors
Economics
The Development of Underdevelopment
International Structuralism
Deteriorating Terms of Industrialisation under
Trade protection (ISI)
Dependencia
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3. The evolution of an idea >> critics of development economics
Time period Context Intellectual tradition Development Strategy
Goal of development
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3. The evolution of an idea >> neo-liberal counter revolution
Time period Context Intellectual tradition Development Strategy
Goal of development
Mixed results of Counter revolution in
state-led growth development economics;
and monetarism & neo-classical
Market Liberalisation
industrialisation economics
Deregulation
Privatisation
Debt crisis
Development as (private Global integration
Washington capitalist) market-led growth
consensus
Late 1980s
Critical Theory Appreciation of
indigenous ways of life
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3. The evolution of an idea > Human Development & Anti-Development
Time period Context Intellectual tradition Development Strategy
Goal of development
Ecological studies with
Environmental economics Development without
affecting the lives of
Ecological crisis Sustainable development future generations
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REFERENCES
Gillen, P & Ghosh, D (2007) Colonialism and Modernity, Sydney: University of New South Wales
Press.
Rapley, J. (2007) Understanding Development: Theory and Practice in the Third World, New Delhi, Viva
Books. pp. 1-12.
Sumner, A. and Tribe, M. (2008) International Development Studies: Theories and Methods in Research
and Practice. New Delhi, Sage. pp. 9-30.
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