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Basic Concepts and Goals of Development: An Integral View

In: Accelerated Development in Southern Africa

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  • Michael H. H. Louw

Abstract

The era of development as a universal philosophy and as a vast national and international modern enterprise is essentially a post-war phenomenon. It is based on the confluence of two important new ideas: first, the concept of development planning as a means of consciously and rationally using the resources of a nation towards the attainment of specific objectives and bringing about development at a faster pace than that which an entirely free market economy would have produced. This idea, although it had previously existed as part of the general socialistic ideology, really acquired respectability and acceptance, even by non-socialist governments, during the post-war years of reconstruction in Europe. This period demonstrated in concrete terms, to the whole world, how effective the planned reconstruction of the damaged national economies of the countries which had been involved in the war could be.

Suggested Citation

  • Michael H. H. Louw, 1974. "Basic Concepts and Goals of Development: An Integral View," Palgrave Macmillan Books, in: John Barratt & Simon Brand & David S. Collier & Kurt Glaser (ed.), Accelerated Development in Southern Africa, pages 23-44, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-02056-0_2
    DOI: 10.1007/978-1-349-02056-0_2
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