Author : Naveen Kumar Agarwal
Publisher :
ISBN 13 : 9788131422182
Total Pages : pages
Book Rating : 4.4/5 (221 download)
Book Synopsis Economic Development Strategies: Concepts and Experiences by : Naveen Kumar Agarwal
Download or read book Economic Development Strategies: Concepts and Experiences written by Naveen Kumar Agarwal and published by . This book was released on 2009-05-20 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic development results in transformation of the socio-economic status of the population and the country as a whole. It is crucial for alleviation of poverty, creation of employment and increasing the wealth of any economy. With increasing integration and globalization of the world economy, economic development of developing countries has assumed greater significance. Various models and theories of economic development have been formulated by economists such as the Scandinavian model, Washington Consensus model, Asian Miracle model, State led development model and Lisbon Strategy. These models of development have evolved over a period of time. In recent times, several economists have emphasized on the need to have indigenous models of development, as various regions of the world differ greatly in terms of education, employment, technology and gender development. While the Scandinavian countries are in an advanced stage of development, Asian economies have started emerging as drivers of economic growth over the last few decades. The status of African countries however, remains poor and desires interventions from the ruling powers and the global society. Even the countries of other regions, which have witnessed rapid growth in recent years, have large-scale disparities between the rich and the poor. Further, environmental concerns, rise of epidemics such as AIDS and emergence of new threats to human security have compounded the problems of the developing world. The United Nations has developed Millennium Development Goals to address the growing challenges of the developing world. It is therefore, imperative to look at various approaches of economic development. This book provides insights into the various perspectives and experiences of different countries or regions in their pursuit of economic development.