Growing Economy, Scope for Fresh and New Projects, Need for Infrastructural Facilities.

Lot of changes in the government of the country that there is so much of uncertainty among the people as well as the foreign investors that affects the economic development in the country.

Development theory has been largely presupposed to the fact that the only institutions of importance were those directly expediting market activity. Directly following World War II, the health of a nation was predominately based off its gross domestic product (GDP). This view of the ‘market as the magic bullet’ dominated the social construct of development; however, this paradigm began to shift come the late 1980s/early 1990s. This archaic way of thinking has now expanded to explore new theories of

The word “Public policy” has never been agreeable to any specific definitions. Consequently, many scholars have used their own definitions to describe the analytical frameworks of public policy. Hence, the contemporary nature of development trends has led to the diversity of contestations about the concept of political discourse, thinking and practical application. According to Torado (1985:85), development is defined as a multi-dimensional process involving major changes in social structures, popular attitudes and national institutions as well as the acceleration of economic growth, the reduction of inequality and the eradication of absolute poverty. Development, in its essence, must represent the whole gamut of change by which an entire social system is tuned to the diverse basic needs and desires of individuals and social groups within that system moves away from a condition of life widely perceived as unsatisfactory and toward a situation or condition of life regarded as materially and spiritually 'better'”.

The years between the 1940s and 1970s are characterized by the so-called Developmentalism. The Developmentalism is the belief that the social and economic development should be achieved with the intervention and the leadership of the state throughout a scientific planning. In this view, the developmentalism becomes, either, a way to legitimate the power in a long-term perspective. The relationship between state and bureaucracy is the tool to maintain the control over the nation. The Age of Developmentalism, in particular, refers to the historical process characterizes the decolonization period in Africa and Asia, where Western countries as Britain and the United States in primis, and later as France and Germany in reality, embodies the of the guide in the development process. In this literature review, there will be the focus on the role of the state in the development process, point out the lacks and the failures in Africa and in India, analysing the common elements of the two processes and the point of differences. MODIFICARE!!!

Economic growth is the most influential tool for decreasing poverty and refining the value of life in evolving countries. Both research and case studies over different countries provide overshadowing signs that speedy and continued growth is crucial to making faster progress towards the MDG (Millennium Development Goals) and not just the first goal of splitting the global share of people living on less than $1 a day.

Schaffer, in defining the concept, noted that “development administration is about programs, policies and projects in which there are unusually wide and new demands and in which there are peculiarly low capacities and severe obstacles in meeting them”. Schaffer’s

A quantitative study on the topic will be on the later part of the paper, with the aim of figuring out the numerical relationship and correlation between the key variables, and to see if there is an empirically significant relationship between them. To investigate the hypothesis empirically, this paper uses an up-to-date database on key variables including GDP per capita, aid effectiveness, governance indicators, and net official development assistance (ODA) per capita, which were developed by the World Bank and OECD.

This essay argues that growth output alone is not sufficient for poverty alleviation; rather complementary measures and policies need to exist to create sustainable pro-poor growth.

One of the aims for this essay is to establish whether there is a relationship between growth and the historical context of the countries. One could say that the obstacles to growth for developing countries could be based on the historical context of the countries. After receiving independence in the 1950 and 1960s, they regarded colonialism to be in the past and the only way was forward, aiming for economic development and prosperity (development book pg1). However According (development book pg1) imperialist exploitation in western development and the west domination of the world economy foredoomed the new states to be dependent. In other words Western Europe and North America had in with the natural course of Africans industrialization

This essay is an attempt to compare the modernization and radical approaches to development and deciding which approach of the two offers a plausible explanation to what is prevailing in LDCs like Zambia. It will start by defining the major concepts which are development, modernization and radical approach, and then it shall proceed to make a full analysis of the two approaches respectively. The advantages and criticism will be given specifically for the two approaches, and it shall evaluate which one is better helping us in understanding the problems faced in less developed countries. Finally a conclusion will be drawn in summation of the topic.

After over four decades of development aid being directed at developing countries, the general assumption of commentators around the subject is that the majority of these recipients have witnessed very little or no economic growth, apart from a handful of countries such as South Korea and Botswana (Easterly, 2006). Further highlighting this point, Clemens (2004) observes that only five countries saw annual growth of over 7% over a 15 year period whilst 21 other recipients actually suffered negative growth the same 15 year period, 1985-2000. To put this data in perspective, the Marshall Plan worked in a similar manner to Official Development Aid (ODA), yet spent a fraction of the amount given to developing countries and successfully rebuilt Europe after World War 2. There are differences between ODA and the Marshall Plan; the Marshall Plan promoted business sector development through economic functions, whereas ODA has primarily targeted government led growth and social service development. Yet, the point still remains that ODA can be regarded as a failure given the comparison with the Marshall Plan and the economic data observed from ODA (Gibson et al, 2009).

Measured in terms of aggregate growth rates, development has been a great success. But measured in terms of jobs, justice and the elimination of poverty, it has been a failure or only a partial success. These words are giving the holistic view of the theories which deals development with economic perspective only, so, it is noteworthy that development is not just the economic growth, it is above than that.

Most of the global south countries such as the African countries have attained their independence around the 1950’s and 1960’s. The public sectors which are known as the government sector have set of roles that need to be look after the welfare of the state such as the security, environment, health system, education and so forth. The public sector in the global south has some key issues that need to be tackled. Some of the key challenges that needs tackling is the reduction of poverty, corruption and aid which has been prevailing for a very long time.

reason for this is the failure of the economy to grow because of internal con‡ and political

The economy and industry there are in the developing process, which means that they are lack of investments from outside.