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Development in Historical Context

In: Alternative Strategies for Economic Development

Author

Listed:
  • Keith Griffin

    (Economics University of California)

Abstract

It was once said by Sir William Arthur Lewis that the development of Third Worldcountries “does not in the long run depend upon the existence of the developed countries, and their potential for growth would be unaffected even if all the developed countries were to sink under the sea”1. The developing countries have everything they need for growth. The potential is there. It is only necessary to exploit it. Lewis, it should be added, did not recommend that the developed countries should sink under the sea; he simply made the important point that the poor countries need not be dependent on the rich; they have the capacity for autonomous growth

Suggested Citation

  • Keith Griffin, 1999. "Development in Historical Context," Palgrave Macmillan Books, in: Alternative Strategies for Economic Development, edition 0, chapter 0, pages 1-23, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59991-8_1
    DOI: 10.1057/9780230599918_1
    as

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