Elusive Development : From Dependence to Self-Reliance in the Arab Region
Book Details
Format
Hardback or Cased Book
ISBN-10
0415062586
ISBN-13
9780415062589
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jul 4th, 1991
Print length
286 Pages
Weight
430 grams
Product Classification:
Development studiesDevelopment economics & emerging economies
Ksh 34,200.00
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Why do massive inflows of capital so rarely achieve lasting development in the Third World? This study of the Arab region's oil boom argues that self-reliance and social policy are just as central to sustained economic progress.
The oil boom prompted a massive inflow of capital into the Arab region. But whilst the investment this facilitated clearly had benefits for the region, the developmental achievements of the boom decade are demonstrably unable to match the magnitude of the resources directed to development and the reasonable expectations invested in it. Professor Yusif Sayigh draws a powerful and painful lesson from this experience applicable to other areas: you cannot buy development; it must be soundly oriented and sought with resolve by society''s leaderships and a people enjoying a large measure of freedom and political participation.
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