This book provides a brief history of the notion of development and
related policies. Readers will find an overview of the main
development notions and debates from 1950 to the 2015 Sustainable
Development Goals. The author argues that sustainable development
is equal to empowerment within a specific historical setting;
development is a dialectic relationship between people's
empowerment and the existing social and economic structures. The
book examines some well-known growth theories from Harrod in 1939
to contemporary debates views about the role of the state and the
market. Some major structural changes are also examined from
economic growth in Asia to international finance: the author
contends that contemporary issues on development can be better
understood with the help of the founding fathers of economics, from
the Mercantilist era to Marx. They help to understand the difficult
relationship between development and market forces within different
models of social and economic reproduction. The author contends
that the main development challenge is that of building a global
partnership in a system with enormous differences in economic
powers and offers some examples of how to re-balance the existing
economic powers particularly in trade and finance.
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