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brainynote-blog · 7 years ago
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Ragnar Nurkse’s Theory Of Balanced Growth
Ragnar Nurkse’s Theory Of Balanced Growth
Ragnar Nurkse’s Theory Of Balanced Growth
R. Nurkse’s theory of balanced growth believes that the  underdeveloped  countries  are  suffering  from  the  vicious  circle  of  poverty, which is detrimental to economic development in these countries. According to him “a circular constellation of forces, tending to act and react upon one another in such a way as to keep a country in a state of…
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brainynote-blog · 7 years ago
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W. A. Lewis’ Theory Of Unlimited Supply Of Labour
W. A. Lewis’ Theory Of Unlimited Supply Of Labour
W. A. Lewis’ Theory Of Unlimited Supply Of Labour
W. Arthur Lewis’ theory is based on his proposition of unlimited supply of labour. Like the classical economists, he believed that in underdeveloped economies supply of labour is unlimited at a subsistence wage rate. The economic development takes place when these surplus labour are withdrawn from the “subsistence sector” and are placed in…
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brainynote-blog · 7 years ago
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Rosenstein Rodan’s theory of Balanced Growth
Rosenstein Rodan’s theory of Balanced Growth
ROSENSTEIN RODAN’S THEORY OF BALANCED GROWTH
Rosenstein Rodan advocated “big push” theory which emphasizes that a “big push” or a large comprehensive investment is needed in order to overcome the obstacle to development in an underdeveloped economy. The theory states that investing in “bit by bit” or in piecemeal will not enable an economy to successfully be on the development path. Rather…
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brainynote-blog · 7 years ago
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Briefly describe meaning and concept of Balanced Growth
Briefly describe meaning and concept of Balanced Growth
Balanced Growth : Concept and Meaning
Briefly describe meaning and concept of Balanced Growth
Just as a war cannot be won without a suitable strategy, similarly the objective of rapid economic development cannot be achieved without resorting to appropriate strategies. The development strategies help the nation to search for resources, have appropriate planning and implement them in a…
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brainynote-blog · 7 years ago
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BASIC PRINCIPLES OF NEO-LIBERALISM
BASIC PRINCIPLES OF NEO-LIBERALISM
BASIC PRINCIPLES OF NEO-LIBERALISM
Neo-liberalism revolves around two central principles:
(1) that the factors of production get paid what they are worth and
(2) that free markets will not let factors go waste.
The Neo-liberal economics emphasizes on the neoclassical assumption that all economic agents are rational beings who act upon their own rational expectations. They argue that excessive…
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brainynote-blog · 7 years ago
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What is the difference between Liberalism and Neo-liberalism
What is the difference between Liberalism and Neo-liberalism
What is the difference between Liberalism and Neo-liberalism
The classical liberalism sees the role of state as a night watchman, upholding only the most fundamental aspects of public order like the armed forces and law enforcement. Classical liberalism has a lot in common with the economic aspect of liberalism. Neo liberals on the other hand have shown greater willingness in allowing state to be…
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brainynote-blog · 7 years ago
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Differences between Economic Growth and Economic Development
Differences between Economic Growth and Economic Development
DIFFERENCES BETWEEN ECONOMIC DEVELOPMENT AND ECONOMIC GROWTH
Now, we will outline the differences between economic development and economic growth. The main differences between economic development and economic growth are
1.  Development is a discontinuous and spontaneous change in the stationary state which, forever alters and displaces the equilibrium state previously existing, while growth is…
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brainynote-blog · 7 years ago
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Approaches to Human Development
Approaches to Human Development
Approaches to Human Development What are the key constituents of Human Development?
The human development approach is inherently multidimensional. The central goal of human development is to enable people to become direct agents in their own lives. People are not passive objects of social welfare provisions but are active subjects with the power to determine how they choose to live. They should…
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brainynote-blog · 7 years ago
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The Concept of Human Development
The Concept of Human Development
Meaning of Human Development
  Intoduction
The human development aims to enrich people’s lives by widening their choices. Through investing in people, in terms of education, health, safety, and so on, this discipline attempts to build human capability. Capability is basically what people are actually able to do and to be. Equality, sustainability, productivity, and empowerment are the four pillars…
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brainynote-blog · 7 years ago
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Has Democratization in the Era of Globalization Promoted or Obstructed Women’s Development
Has Democratization in the Era of Globalization Promoted or Obstructed Women’s Development
Has Democratization in the Era of Globalization Promoted or Obstructed Women’s Development?
R. Robertson optimistically claims that of all the strategies experienced by people, democratization has the greatest chance of success and it means more than just the right to vote and hold opinions independent of church and state. His understanding of democracy is broad and embraces the processes of…
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brainynote-blog · 7 years ago
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DEVELOPMENT: ITS MEANING AND VARIANTS
DEVELOPMENT: ITS MEANING AND VARIANTS
INTRODUCTION
Development is an easy word to say, but a difficult and complicated one to define. Although, the term is used abundantly in common parlance, as well as in academic discourse, yet, its definition has always remained as a debated issue amongst social scientists. However, development, and its related terms, remains fundamental to contemporary thinking.
DEVELOPMENT: ITS MEANING…
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brainynote-blog · 7 years ago
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Role of State in Promoting Gender Mainstreaming
Role of State in Promoting Gender Mainstreaming
Role of State in Promoting Gender Mainstreaming
The institution of state continues to be the focus of women’s movements. In order to embed gender perspectives in the development policies and programs, the women’s movements depend on the potential of state, especially the state-based national machineries. National machineries, also called as women’s agencies, emerged as instruments for advancing…
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brainynote-blog · 7 years ago
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Gender Mainstreaming - Concept and Meaning
Gender Mainstreaming – Concept and Meaning
Gender Mainstreaming – Concept and Meaning
Gender mainstreaming is a globally accepted strategy for promoting gender equality. It can be defined as a strategy of making women’s as well as men’s concerns and experiences an integral dimension of the design, implementation, monitoring and evaluation of the development policies in all political, economic and societal spheres so that women and men…
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brainynote-blog · 7 years ago
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Sex and Gender
Sex and Gender
  Understanding of the social construction of gender starts with explaining two concepts, i.e., gender and sex. Often these two terms have been used interchangeably; however, they bear different meanings as concepts. Gender refers to differences, hierarchies, rankings which exist between the two sexes. Gender explains cultural constructions of various roles that are played by…
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brainynote-blog · 7 years ago
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How do Different Theoretical Perspectives Capture the Developmental Aspirations of Women
How do Different Theoretical Perspectives Capture the Developmental Aspirations of Women
How do Different Theoretical Perspectives Capture the Developmental Aspirations of Women?
The liberal theory, which promoted ‘individualism’ and ‘political freedom’, appeared very attractive to women from development point of view. It allowed women to find a place in the public arena which in its public imagery was quite unique as women were traditionally kept confined to private spheres.…
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brainynote-blog · 7 years ago
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What is meant by the Gendered Approach to Development
What is meant by the Gendered Approach to Development?
The concept of gender is reflected in Anne Fausto-Sterling’s belief that the interaction between the biological beings and the social environment influences the individual capacities. Gender refers to the socially constructed and institutionalized roles, behaviors, activities and attributes that a given society considers appropriate for women…
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brainynote-blog · 7 years ago
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Women Entitlement
Women Entitlement
  Entitlement means the appropriate rights and claims. It is the right guaranteed by the law or statute and provides certain benefits to the deprived and underprivileged group. In the context of gender, women do not have access and control over tangible and intangible resources and their equal rights with men are deprived because of patriarchal norms. The low status of women is…
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