Abstract
After a brief introduction, this chapter begins by discussing the problems of definition and measurement in this context, focusing in particular on the Human Development Index. It then discusses various theories of development; stages of growth theories, dependency theory, neo-classical theory and finally an endogenous theory of economic growth. This leads to an analysis of policies for development such as import-substitution industrialization and export-orientated industrialization, before a concluding section on the developmental state.
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References and further reading
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© 1998 Bob Milward
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Milward, B. (1998). Underdevelopment. In: Atkinson, B., Livesey, F., Milward, B. (eds) Applied Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-14250-7_27
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DOI: https://doi.org/10.1007/978-1-349-14250-7_27
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-67382-9
Online ISBN: 978-1-349-14250-7
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