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Cases in Economic Development
Cases in Economic Development: Projects, Policies and Strategies presents cases on project analysis, sectoral planning, and macroeconomic policies. The cases are set in an imaginary country called Beracia in order to simulate actual planning experience. Beracia has been designed with a greater than normal range of problems, so that it can encompass the features of mineral-rich countries such as Zambia and Peru; agrarian economies such as the Philippines and Ivory Coast; and aspiring exporters of manufactures such as Colombia and Pakistan. This text has 11 cases divided into five sections. After providing an overview of development planning, development goals and strategies, and planning theo...
Development Projects as Policy Experiments
International assistance programmes for developing countries are in urgent need of revision. Continuous testing and verification is required if development activity is to cope effectively with the uncertainty and complexity of the development process. This examines the alternatives and offers an approach which focuses on strategic planning, administrative procedures that facilitate innovation, responsiveness and experimentation, and on decision-making processes that join learning with action. A useful text for academics and practitioners in development studies, geography and sociology.
Development Projects Observed
Originally published in 1967, the modest and plainly descriptive title of Development Projects Observed is deceptive. Today, it is recognized as the ultimate volume of Hirschman's groundbreaking trilogy on development, and as the bridge to the broader social science themes of his subsequent writings. Though among his lesser-known works, this unassuming tome is one of his most influential. It is in this book that Hirschman first shared his now famous "Principle of the Hiding Hand." In an April 2013 New Yorker issue, Malcolm Gladwell wrote an appreciation of the principle, described by Cass Sunstein in the book's new foreword as "a bit of a trick up history's sleeve." It can be summed up as a phenomenon in which people's inability to foresee obstacles leads to actions that succeed because people have far more problem-solving ability that they anticipate or appreciate. And it is in Development Projects Observed that Hirschman laid the foundation for the core of his most important work, Exit, Voice, and Loyalty, and later led to the concept of an "exit strategy."
Power And Poverty
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Economic Development and Planning
Economic development transforms a traditional dual-system society into a productive framework in which everyone contributes and from which receives benefits accordingly. Economic development occurs when all segments of the society benefit from the fruits of economic growth through economic efficiency and equity. Economic efficiency will be present with minimum negative externalities to society, including agency, transaction, secondary and opportunity costs. An economic development plan is a carefully built framework that's long-term in scope. It's used to help communities across diverse situations. When planning for economic development, the goal is to create and maintain a strong, vibrant l...
