Development Economics
The 1950s and 1960s: development Economics,Structuralism and import substitution Industrialization (ISI)
summarize each author’s main points and compare them.
summarize each author’s main points and compare them.
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Development economics is considered a sub-discipline of economics. Most of the developments in this sub-discipline took place in the forties and fifties. It was vibrant back in the days as it dealt with economic development of poorer countries found in regions such as Asia and Africa. The gap between these countries and the well up at some point was narrowing but with the recent developments of the global economies, the disparity is widening. The problem of a great disparity among nations because of economic development…………..
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