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Importance Of Complexities In Conceptualising Development

1589 Words7 Pages

Assignment
The Complexities in Conceptualising Development

Submitted by
T V S Sasidhar
MPP 39/2014
Graduate Student – Master of Public Policy
National Law School of India University
Bangalore- 560072

Submitted to
Dr. D. Narasimha Reddy
Visiting Professor, Development Planning and Welfare Economics,
National Law School of India University, Bangalore- 560072

The Complexities in Conceptualising Development
The efforts of developing countries to progress towards freedom and liberation is defined as the process of development. This is a Western notion for definition of development and is vague and ambiguous. It confuses the means with the ends of development viewing it in terms of material wealth, industrialization and modernization, …show more content…

The newly colonised countries which were named as underdeveloped countries banked on various projects for development. These countries have thought that economic growth is development and industrialisation was the way forward. Industrialisation followed by modernisation were often misconceived as development. There are few misconceptions of development such as being a rich country is development apart from modernisation and industrialisation. The most important and popular paradigm which existed for most the time in the history of development economics was equating development to …show more content…

But it is only a necessary but not sufficient condition for development. Human capital, economic institutions, social norms are also important for development (DRÈZE, 2015). The growth is always confused to development and it has to be understood that growth is not same as development. Development includes economic growth along with improvement in quality of life of the developed and expansion freedoms. This was the major complexity that was underlying in all the attempts made in history to conceptualize development. It should be noted that growth can be an important tool for development but the extent to which it translates to development depends on the character of growth process that is in practise.

References

DRÈZE, J. (2015). Nehruvian budget in the corporate age. THE HINDU. Retrieved from http://www.thehindu.com/opinion/lead/nehruvian-budget-in-the-corporate-age/article6959755.ece?homepage=true
Ghosh, R., & Kurian, G. (1979). SOME AMBIGUITIES IN THE CONCEPT OF DEVELOPMENT.The Indian Journal Of Political Science, 40(2), 156-164. Retrieved from http://www.jstor.org/stable/41855824
Myrdal, G. (1974). What Is Development?. Journal Of Economic Issues, 8(4), 729-736. Retrieved from

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