Economic Planning and Social Justice in Developing Countries

Economic Planning and Social Justice in Developing Countries
Author: Ozay Mehmet
Publisher: Routledge
Total Pages: 285
Release: 2014-05-12
Genre: Business & Economics
ISBN: 113686220X

First published in 1978, this book was written at a time when belief was high in Western-guided economic development of the emerging countries. The success of Marshall Plan in war-torn Europe generated a US-led optimism that, with generous inflows of aid and technical assistance, the Third World could be won over in the Cold War. The author’s direct experience as a young academic economist in Cyprus, Malaysia, Uganda and Liberia led him to question this general optimism: the reality on the ground in the developing world did not seem to match Western optimism. Theories and blueprints, made in the West, did not fit the requirements of developing countries. Higher production and better income distribution were inseparable twin objectives of developing nations. That meant, production of a higher national output must at the same time promote social justice. Investment must create adequate jobs so that new entrants into rapidly expanding labor force could be gainfully employed. Yet, the dominant (Western) theories of development at the time, in particular the Trickle Down Theory of Growth, prescribed "Growth First, Distribution Later" strategy. Similarly, Import Substitution Industrialization theories were emphasized at the expense of export-led growth. Dualistic Growth theories preached urban-biased, anti-rural development. This book was written as a rebuttal of such faulty theorizing and misguided professional technical assistance and the book’s message is no less valid today than in the 1970’s.

Pakistan's Development

Pakistan's Development
Author: Gustav F. Papanek
Publisher: Harvard University Press
Total Pages: 390
Release: 2024-02-13
Genre: Business & Economics
ISBN: 9780674652002

In the 1950s Pakistan was generally considered to be a country that would remain among the poorest in the world, but economic development in the decade to follow exceeded all expectations. Gustav Papanek, in the first thorough analysis of this achievement, shows how Pakistan, partly by design and partly by accident, arrived at a successful blend of private initiative and government intervention in the economy. This book, which includes the only comprehensive industrial survey of an underdeveloped country, sheds considerable light on the problems facing nations in similar circumstances.

The Pattern of Economic Development in Pakistan

The Pattern of Economic Development in Pakistan
Author: Krishnan Lal Seth
Publisher:
Total Pages: 194
Release: 1967
Genre: Business & Economics
ISBN:

Study of economic development in Pakistan during the period from 1947 to 1965 - covers political and social structures of the country, agriculture, natural resources, industry, the balance of payments, national planning methodology and implementation of plans, investment policy, regional planning, etc. Statistical tables, and bibliography pp. 163 to 167.

Planning in Pakistan

Planning in Pakistan
Author: Albert Waterston
Publisher: Johns Hopkins University Press
Total Pages: 166
Release: 1963
Genre: Business & Economics
ISBN: