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Why Developing Countries Fail to Develop
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Why Developing Countries Fail to Develop : International Economic Framework and Economic Subordination

1st ed. 1991

Book Details

Format Paperback / Softback
ISBN-10 1349213454
ISBN-13 9781349213450
Edition 1st ed. 1991
Publisher Palgrave Macmillan
Imprint Palgrave Macmillan
Country of Manufacture GB
Country of Publication GB
Publication Date Jan 1st, 1991
Print length 303 Pages
Ksh 16,200.00
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Recent debt crises and consequent dislocations and distress in the underdeveloped world have shown that the development strategies of the last forty years were misconceived. No underdeveloped country during this period could become an industrially advanced country, despite the development schemes orchestrated by the World Bank.
Recent debt crises and consequent dislocations and distress in the underdeveloped world have shown that the development strategies of the last forty years were misconceived. No underdeveloped country during this period could become an industrially advanced country, despite the development schemes orchestrated by the World Bank. This results from the fact that mainstream economic theory ignores international and national constraints and their interactions with the dynamics of technological transformation. This book develops a completely articulated theory of economic interconnections to deal with underdeveloped country's situation.

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