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Development: Changing Objectives

In: Comparative Political Economy of East and South Asia

Author

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  • R. C. Mascarenhas

    (Victoria University of Wellington)

Abstract

Excessive emphasis on growth in the 1950s and 1960s in the TW resulted in unintended social and economic consequences and to eventual misgivings about the direction being taken by development. Realization of the limited success of development after two decades of active state intervention led to serious examination of fundamental objectives. By the early 1970s increasing evidence of the failure of this narrow economic approach had become a cause for concern among governments in the TW, leading to much debate.

Suggested Citation

  • R. C. Mascarenhas, 1999. "Development: Changing Objectives," Palgrave Macmillan Books, in: Comparative Political Economy of East and South Asia, chapter 3, pages 26-43, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-98353-9_3
    DOI: 10.1057/9780333983539_3
    as

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