Contemporary Issues in Development Economics by B. N. Ghosh

By B. N. Ghosh

This fresh selection of articles seems at either conventional matters in monetary improvement comparable to reduction, debt, and the function of the IMF, but additionally at gender, mind drain, army expenditure and post-colonial thought.

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Human and social dimensions of development, which were emphasised in international conferences from 1992 to 1996, are going to get the upper hand, and are likely to be the basic theme song of DE in the new millennium. The future of DE DE, as it appears, has not yet outlived its utility, and economists do strongly feel that there is a dire need for the discipline. If this is correct, then DE has a future. Most of the fundamental prescriptions of traditional DE are still valid today. e. the importance of a higher rate of saving and investment and the need for changes in the occupational distribution of population for economic development) does still retain its prescriptive value (Singer 1952).

137–57. Myrdal, Jan (1966) Report from a Chinese Village, USA: Signet Book Edition. , Omar, Ismail and Fatah, Abdul (1994) Technology Transfer to Malaysia, Kuala Lumpur: UNDP. O’Connell, Helen (1997) ‘The 1990s: new alliances, new directions’, Development, March, pp. 119–20. M. ), Leading Issues in Economic Development, London: Oxford University Press. W. (1960) The Stages of Economic Growth: A Non-Communist Manifesto, London: Cambridge University Press. K. (1962) The Choice of Technique, Oxford: Blackwell.

Government revenues would be based on an accentuation of incomes and fiscal policies with attention to monetary policy where this can enhance the other policies. There is very little wisdom for Indonesia at this time in repeating the debacle that followed years of blind pursuit of the growth paradigm of growth-led economic development, wherein dependence rather than self-reliance marked the human development future of the citizenry. Poverty alleviation and economic security were not sustainable.

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