By Keith Griffin
The query of different thoughts for financial improvement is the topic of significant controversy and extreme debate among practitioners and lecturers keen on fiscal and social development within the 3rd global. The center of this e-book is an research of the six most generally followed suggestions of improvement specifically monetarism, the open economic system, industrialisation, the golf green revolution or agriculture-led improvement, redistributive thoughts of improvement and socialist recommendations.
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22, May 1954; Simon Kuznets, "Economic Growth and Income Inequality", American Economic Review, Vol. 49, March 1955. 34. Lloyd Reynolds, op. cit .. p. 956. 35. See, for example, Felix Paukert, "Income Distribution at Different Levels of Development: A Survey of Evidence", International Lahour Re1•iew, Vol. CVJII, Nos. 2-3, August-September 1973; Montek S. Ahluwalia, "Inequality, Poverty and Development", Journal of Development Economics, Vol. 3, No. 3, September 1976. 36. Keith Griffin and Azizur Rahman Khan, "Poverty in the Third World: Ugly Facts and Fancy Models", World Dnelopment, Vol.
See Amartya Sen, op. , p. 163. 29. See Marshall Sahlins, Stone Age Economics, Chicago, Aldine-Atherton, 1972. 30. Marshall Sahlins, "The Original Affluent Society", Development, 1986:3, p. 22, emphasis in the original. 22 31. The source of the calculations is State Statistical Bureau, People's Republic of China, Statistical Yearbook of China 1984, Economic Information and Agency, Hong Kong, 1984, Table I, p. 466; Table 2, p. 467; Tables 5 and 6, p. 473 32. IBRD, China: Socialist Economic De1•elopment, Baltimore, Johns Hopkins University Press, 1983, p.
34. Lloyd Reynolds, op. cit .. p. 956. 35. See, for example, Felix Paukert, "Income Distribution at Different Levels of Development: A Survey of Evidence", International Lahour Re1•iew, Vol. CVJII, Nos. 2-3, August-September 1973; Montek S. Ahluwalia, "Inequality, Poverty and Development", Journal of Development Economics, Vol. 3, No. 3, September 1976. 36. Keith Griffin and Azizur Rahman Khan, "Poverty in the Third World: Ugly Facts and Fancy Models", World Dnelopment, Vol. , Stanford University Press, 1973.
Alternative Strategies for Economic Development by Keith Griffin