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Development and Social Goals: Balancing Aid and Development to Prevent ‘Welfare Colonialism’

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  • Erik S. Reinert

Abstract

In the paper the author tries to explain why the Millennium Goals, with which the world community is approaching the social problems in the poor countries, cannot be considered as good social policy in the long run. The key insight of the author is that having an inefficient manufacturing sector produces a higher standard of living than having no manufacturing sector at all.

Suggested Citation

  • Erik S. Reinert, 2006. "Development and Social Goals: Balancing Aid and Development to Prevent ‘Welfare Colonialism’," The Other Canon Foundation and Tallinn University of Technology Working Papers in Technology Governance and Economic Dynamics 03, TUT Ragnar Nurkse Department of Innovation and Governance.
    • Handle: RePEc:tth:wpaper:03
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    File URL: http://hum.ttu.ee/wp/paper3.pdf
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    References listed on IDEAS

    as
    1. Erik S. Reinert (ed.), 2004. "Globalization, Economic Development and Inequality," Books, Edward Elgar Publishing, number 1570, March.
    2. List, Friedrich, 1885. "The National System of Political Economy," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number list1885.
    3. Erik S. Reinert, 1999. "The role of the state in economic growth," Journal of Economic Studies, Emerald Group Publishing, vol. 26(4/5), pages 268-326, September.
    4. Reinert, Erik S. & Kattel, Rainer, 2004. "The Qualitative Shift in European Integration: Towards permanent wage pressures and a ‘Latin-Americanization’ of Europe?," MPRA Paper 47909, University Library of Munich, Germany.
    5. Richard Nelson, 2008. "Economic Development from the Perspective of Evolutionary Economic Theory," Oxford Development Studies, Taylor & Francis Journals, vol. 36(1), pages 9-21.
    6. Frank D. Graham, 1923. "Some Aspects of Protection Further Considered," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 37(2), pages 199-227.
    Full references (including those not matched with items on IDEAS)

    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. What Can We Learn from Alternative Theories of Economic Development?
      by Ingrid Harvold Kvangraven in Development Economics on 2017-01-29 21:17:34

    Citations

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    Cited by:

    1. Codrina Rada & Lance Taylor, 2006. "Developing and Transition Economies in the Late 20th Century: Diverging Growth Rates, Economic Structures, and Sources of Demand," Working Papers 34, United Nations, Department of Economics and Social Affairs.
    2. Erik S. Reinert, 2006. "Institutionalism Ancient, Old and New: A Historical Perspective on Institutions and Uneven Development," WIDER Working Paper Series RP2006-77, World Institute for Development Economic Research (UNU-WIDER).
    3. Rekiso, Zinabu Samaro, 2020. "Trade deficits as development deficits: Case of Ethiopia," Structural Change and Economic Dynamics, Elsevier, vol. 52(C), pages 344-353.
    4. John E. King, 2010. "Kaldor and the Kaldorians," Chapters, in: Mark Setterfield (ed.), Handbook of Alternative Theories of Economic Growth, chapter 7, Edward Elgar Publishing.
    5. Bukvić, Rajko, 2017. "Други Канон И Маршалов План Као Модел Економске Политике [Other Canon and Marshall’s Plan as a Model of Economic Policy]," MPRA Paper 94648, University Library of Munich, Germany.
    6. Mansour Omeira & Simel Esim & Sufyan Alissa, 2008. "Labor Governance and Economic Reform in the Middle East and North Africa: Lessons from Nordic Countries," Working Papers 436, Economic Research Forum, revised 09 Jan 2008.
    7. Jakub Bartak, 2017. "Does income inequality hamper human capital accumulation in OECD countries?," Managerial Economics, AGH University of Science and Technology, Faculty of Management, vol. 18(2), pages 133-145.
    8. Küblböck, Karin, 2005. "HIPC and beyond: Entschuldungsinitiativen und -vorschläge auf dem Prüfstand," Working Papers 7, Austrian Foundation for Development Research (ÖFSE).
    9. Lance Taylor, 2009. "Growth, Development Policy,Job Creation and Poverty Reduction," Working Papers 90, United Nations, Department of Economics and Social Affairs.

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    More about this item

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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