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Traditional Development Theory

In: Global Transition

Author

Listed:
  • Graeme Donald Snooks

    (Australian National University)

Abstract

Despite massive scholarly attention devoted to the issue of underdevelopment over the past fifty years, it remains a daunting problem. This dilemma raises questions about the intellectual and practical significance of traditional development theory. In particular we wish to know whether this body of ideas constitutes a general theory of economic development and whether it can resolve the problems of Third-World poverty. These issues are explored in this chapter by considering the nature and scope of existing development theory under four main headings: the productionists; the poverty-trap theorists; the global-polarization theorists; and the institutionalists.1

Suggested Citation

  • Graeme Donald Snooks, 1999. "Traditional Development Theory," Palgrave Macmillan Books, in: Global Transition, chapter 6, pages 107-125, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-333-98479-6_6
    DOI: 10.1057/9780333984796_6
    as

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