Topic 2: Development Dynamics

• Rostow's modernisation theory - capitalist view

  Based on what had happened in many European countries

  Those further behind on the path would develop more quickly than those further

  criticised as not all countries start in the same place and includes a lack of detail
• Rostows modernisation theory

  1. Traditional society
  2. Pre-conditions for take off
  3. Take-off
  4. Drive to maturity
  5. high mass consumption
• Franks dependancy theory

  In the modern word Neo-colonialism may be having the same impact as colonialism

  Rich benefited more from trade than poor as the rich would sell them high manufactured goods at high prices in turn the periphery would send food and raw materials at a much lower price
• Criticisms of Franks dependancy theory

  • some poor countries have successfully developed such as south korea
  • Rich countries influences today (Neo-colonial) may be positive due to aid without ties
• Top down development strategies

  • when experts from developed countries meet governments from developing and plan large-scale projects with limited involvement of those directly affected
• Bottom up development strategies

  • when NGOs direct aid to sustainable development targeting the poorest communities using the help of local people in decision making
• as a country developed its economic growth use of technology and welfare of its people grow
• HDI is the most accurate measure of Deve;opment