Search results
Results From The WOW.Com Content Network
The concept of human development expands upon the notion of economic development to include social, political and even ethical dimensions.Since the mid-twentieth century, international organisations such as the United Nations and the World Bank have adopted human development as a holistic approach to evaluating a country’s progress that considers living conditions, social relations ...
The textbook Economic Development takes a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies to show how theory relates to the problems and prospects of developing countries. Among its most significant innovations are the following:
Human development theory is a theory which uses ideas from different origins, such as ecology, sustainable development, feminism and welfare economics. It wants to avoid normative politics and is focused on how social capital and instructional capital can be deployed to optimize the overall value of human capital in an economy.
Development economics is a branch of economics that deals with economic aspects of the development process in low- and middle- income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health, education and workplace conditions, whether ...
Developmentalism in the international economic context can be understood as consisting of a set of ideas which converge to place economic development at the center of political endeavors and institutions and also as a means through which to establish legitimacy in the political sphere.
Social development theory attempts to explain qualitative changes in the structure and framework of society, that help the society to better realize aims and objectives.. Development can be defined in a manner applicable to all societies at all historical periods as an upward ascending movement featuring greater levels of energy, efficiency, quality, productivity, complexity, comprehension ...
Development criticism seeks to discover why, given the funds and best intentions of volunteers and policy makers, do the majority of development projects continue to fail to (1) redistribute economic power and resources in a way that helps the poorest sectors of society, and (2) to create economic growth that is sustainable in the country.
Endogenous growth theory holds that economic growth is primarily the result of endogenous and not external forces. [1] Endogenous growth theory holds that investment in human capital , innovation , and knowledge are significant contributors to economic growth.