Development theory

developedSociology of developmentdevelopmentStructuralist model of developmenttheory of development
Development theory is a collection of theories about how desirable change in society is best achieved.wikipedia
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Economic development

developmenteconomicdevelop
The theory looks at which aspects of countries are beneficial and which constitute obstacles for economic development. According to the linear stages of growth model, a correctly designed massive injection of capital coupled with intervention by the public sector would ultimately lead to industrialization and economic development of a developing nation.
There have been several major phases of development theory since 1945.

Economic interventionism

government interventioninterventioniststate interventionism
Policy prescriptions resulting from structuralist thinking include major government intervention in the economy to fuel the industrial sector, known as import substitution industrialization (ISI).
Also intervention for economic development is at the discretion and self-interest of the stake holders, the multifarious interpretations of progress and development theory could mean.

Developing country

developing countriesdeveloping worlddeveloping nations
According to the linear stages of growth model, a correctly designed massive injection of capital coupled with intervention by the public sector would ultimately lead to industrialization and economic development of a developing nation.
Development theory

First World

Westfirst-worldFirst
Third world countries have to push industrialization and have to reduce their dependency on trade with the First World, and trade among themselves.
During the Cold War, the modernization theory and development theory developed in Europe as a result of their economic, political, social, and cultural response to the management of former colonial territories.

Structural adjustment

structural adjustment programsstructural adjustment programstructural adjustment programme
One of the implications of the neoclassical development theory for developing countries were the Structural Adjustment Programmes (SAPs) which the World Bank and the International Monetary Fund wanted them to adapt.
After the Second World War, a Structuralist model of development relying on Import Substitutions Industrialization (ISI) had become the ubiquitous paradigm.

Underdevelopment

underdevelopedeconomic underdevelopmentremain poor
Dependency thinking starts from the notion that resources flow from the ‘periphery’ of poor and underdeveloped states to a ‘core’ of wealthy countries, which leads to accumulation of wealth in the rich states at the expense of the poor states.
Development theory

Theory

theoreticaltheoriestheorist
Development theory is a collection of theories about how desirable change in society is best achieved.

Development aid

development cooperationtechnical assistancedevelopment assistance
The idea is that development assistance targeted at those particular aspects can lead to modernization of 'traditional' or 'backward' societies.

Marquis de Condorcet

CondorcetNicolas de CondorcetAntoine Nicolas Caritat de Condorcet
Marquis de Condorcet was involved in the origins of this theory.

Sociology

sociologistsociologicalsociologists
The French sociologist Émile Durkheim stressed the interdependence of institutions in a society and the way in which they interact with cultural and social unity.

The Division of Labour in Society

Division of LaborDe la division du travail social
His work ‘The Division of Labor in Society’ was very influential.

David Apter

David E. Apter
Other scientists who have contributed to the development of modernization theory are: David Apter, who did research on the political system and history of democracy; Seymour Martin Lipset, who argued that economic development leads to social changes which tend to lead to democracy; David McClelland, who approached modernization from the psychological side with his motivations theory; and Talcott Parsons who used his pattern variables to compare backwardness to modernity.

Seymour Martin Lipset

Lipset, Seymour M.Lipset, Seymour Martin[Seymour Martin] Lipset
Other scientists who have contributed to the development of modernization theory are: David Apter, who did research on the political system and history of democracy; Seymour Martin Lipset, who argued that economic development leads to social changes which tend to lead to democracy; David McClelland, who approached modernization from the psychological side with his motivations theory; and Talcott Parsons who used his pattern variables to compare backwardness to modernity.

David McClelland

David C. McClelland
Other scientists who have contributed to the development of modernization theory are: David Apter, who did research on the political system and history of democracy; Seymour Martin Lipset, who argued that economic development leads to social changes which tend to lead to democracy; David McClelland, who approached modernization from the psychological side with his motivations theory; and Talcott Parsons who used his pattern variables to compare backwardness to modernity.

Talcott Parsons

ParsonsParsonianParsons, Talcot
Other scientists who have contributed to the development of modernization theory are: David Apter, who did research on the political system and history of democracy; Seymour Martin Lipset, who argued that economic development leads to social changes which tend to lead to democracy; David McClelland, who approached modernization from the psychological side with his motivations theory; and Talcott Parsons who used his pattern variables to compare backwardness to modernity.

Marshall Plan

Marshall Aidthe Marshall Planreconstruction
The linear stages of growth model is an economic model which is heavily inspired by the Marshall Plan which was used to revitalize Europe’s economy after World War II.

World War II

Second World WarwarWWII
The linear stages of growth model is an economic model which is heavily inspired by the Marshall Plan which was used to revitalize Europe’s economy after World War II.

Economic growth

growthgrowth rategrowth theory
It assumes that economic growth can only be achieved by industrialization.

Industrialisation

industrializationindustrializedindustrialised
It assumes that economic growth can only be achieved by industrialization.

Attitude (psychology)

attitudeattitudessocial attitude
Growth can be restricted by local institutions and social attitudes, especially if these aspects influence the savings rate and investments.

Saving

savingssavesavings rate
Growth can be restricted by local institutions and social attitudes, especially if these aspects influence the savings rate and investments.

Capital (economics)

capitalcapital flowsinvestment capital
According to the linear stages of growth model, a correctly designed massive injection of capital coupled with intervention by the public sector would ultimately lead to industrialization and economic development of a developing nation.

Public sector

publicpublic-sectorpublic employee
According to the linear stages of growth model, a correctly designed massive injection of capital coupled with intervention by the public sector would ultimately lead to industrialization and economic development of a developing nation.

Rostow's stages of growth

industrial takeoffRostow's take-off modelRostow's traditional model
The Rostow's stages of growth model is the most well-known example of the linear stages of growth model.