Abstract
Fashions wax and wane in development economics. The so-called ‘neo-classical’ model with its emphasis on savings rates and capital accumulation is now an old shibboleth. The ‘vicious circle’ breakers and ‘big push’-ers have had their moments of glory. The strategy of import-substituting industrialisation has not resulted in the hoped-for El Dorado. Technology is the new deity to which policy makers and economists are making obeisance these days.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Notes
Frances Stewart, ‘Choice of Techniques in Developing Countries’, in C. Cooper (ed.), Science, Technology and Development (London: Frank Cass, 1973).
For a detailed discussion see V. N. Balasubramanyam, International Transfer of Technology to India (New York: Praeger, 1973).
A. K. Sen, Employment, Technology and Development (London: Oxford University Press, 1971) p. 12.
Hans W. Singer, ‘Employment Problems in Developing Countries’, in Singer (ed.), The Strategy of International Development (London: Macmillan, 1973) p. 38.
Paul W. Strassman, Technological Change and Economic Development (New York: Cornell University Press, 1968) p. 236.
D. Morawetz, ‘Employment Implications of Industrialisation in Developing Countries’, Economic Journal, September 1974.
Warren F. Ilchman and Norman T. Uphoff, ‘Beyond the Economics of Labour-intensive Development’, Public Policy, Vol. 22, 1974.
Author information
Authors and Affiliations
Copyright information
© 1976 Alasdair I. MacBean, V. N. Balasubramanyam and the Trade Policy Research Centre
About this chapter
Cite this chapter
MacBean, A.I., Balasubramanyam, V.N. (1976). Challenge of Technology. In: Meeting the Third World Challenge. World Economics Issues series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-01962-5_5
Download citation
DOI: https://doi.org/10.1007/978-1-349-01962-5_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-01964-9
Online ISBN: 978-1-349-01962-5
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)