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In: Economics

Discuss, comment, and organize your thoughts on the future of less-developed countries in the age of...

Discuss, comment, and organize your thoughts on the future of less-developed countries in the age of globalization. In pursuit of your arguments, discuss “development” as a historical concept. Is “development” a specific stage of 20th Century capitalism, or is it a natural phase that all nations will go through (provided they apply the “right” policies). Discuss the role of the developmental state in promoting development objectives in the next century? Has development state passed away? If not, what should the new policy tools and objectives of the state be under the age of globalized commodity and capital markets?

Solutions

Expert Solution

Two decades on from the popularity of fine governance jointly of the keys to development and economic condition reduction, the biological process state is back once more within the international policy discussion. Policy thinking shows AN increasing disposition to abandon value-laden prescriptions concerning governance and to adopt approaches unmoving in comparative history and evidence-based analytical theory. The idea of the biological process state is a marker of this trend.

The focus is however states will become additional capable and additional adjunct of development and human security. the stress has shifted from crucial the ‘right’ role for the state – an important question within the Nineteen Nineties (World Bank, 1997) – to questions about commitment and capability.

As the Commission for Africa acknowledged in its 2005 report, the manner states operate is in creasingly seen jointly of the foremost necessary factors moving development within the poorest countries. At an equivalent time, folded and fragile states be international peace and security, move monumental challenges to current models of development co-operation. These observations offer a sensible incentive to return what's famed concerning state-building and therefore the development of state capability.

What square measure biological process states and why do they matter?

we perceive a biological process state to exist once the state possesses the vision, leadership and capability to evoke a positive transformation of society inside a condensed amount of your time.

It is not that every one social transformations square measure actively promoted by biological process states. There square measure several instances of private-sector-led growth within which the state’s role has been quite restricted. additionally, not all tries at state-led transformations succeed.

The biological process orientation of a state isn't a permanent condition however rather a dynamic feature with a restricted time horizon. Germany and Japan, as an example, had biological process states at essential junctures in their history that triggered goodly economic and social transformations, whereas additionally storing up unresolved problems for the longer term.

Today the challenges square measure completely different and people countries’ states would now not be thought of biological process. Nor would like the biological process condition be even across the complete state: a state is also defined by the co-existence of sectors or institutional square measureas that have a transparent biological process orientation with areas wherever vital anti-developmental factors are live.

A common issue among biological process states seems to be a committed leadership that's embedded within the ‘right’ context of demands. biological process states square measure typically defined by a leadership that is powerfully committed to biological process goals, and that places national development earlier than personal enrichment and/or short political gains.

The ongoing discussion on what establishments square measure the foremost required at completely different stages of development has stirred up goodly analysis and thinking. The puzzles raised within the tutorial and policy literatures stay removed from resolved. for example, some arduous queries stay concerning what could represent ‘realistic’ pathways from weak and ineffective states towards additional biological process ones, taking under consideration a given country’s current scenario. There additionally must be bigger understanding concerning what the interior drivers of modification and therefore the role of external actors ought to be. this implies that some basic re-thinking must be brought into development policy and apply.

This is essential if the present wave of governance and state targeted work championed by donors is to be realistic and effective, instead of dogmatic and domineering.


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