Theory and Reality in Development: Essays in Honour of Paul by Sanjaya Lall, Frances Stewart

By Sanjaya Lall, Frances Stewart

This number of papers via the various world's best improvement economists is outstanding for its broad scope. It covers such diversified subject matters as stagflation within the 3rd international; the extension of loose alternate to incorporate overseas funding; the early Eighties in Latin the United States; the industrial development of Africa and communal land tenure platforms and their position in rural improvement. in addition to representing very important contributions in themselves, the papers collect harmony from a similarity in process - continually giving precedence to fact if it comes into clash with theoretical bias.

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By Sanjaya Lall, Frances Stewart

This number of papers via the various world's best improvement economists is outstanding for its broad scope. It covers such diversified subject matters as stagflation within the 3rd international; the extension of loose alternate to incorporate overseas funding; the early Eighties in Latin the United States; the industrial development of Africa and communal land tenure platforms and their position in rural improvement. in addition to representing very important contributions in themselves, the papers collect harmony from a similarity in process - continually giving precedence to fact if it comes into clash with theoretical bias.

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Similarly Streeten, sixty years later, pressed by militants urging their governments to nationalise truth, argued for universal criteria of truth. But remembering how choices of question and concept may affect perception of even the hardest facts, and being perhaps freer, more subtle or more scrupulous than Weber, he hedged. The passage quoted above continues: By rigorous analysis, by accumulation of evidence and by bringing out explicitly value premises, errors and biases can be reduced. But there will always remain a residual of ideology.

The debate about transnational corporations overlapped the debate about neocolonial dependency and proposals for de-linking. Both were part ofthe continuing 'great debate' about development strategy. In that debate Paul Streeten has been an exemplary institutionalist in two senses. There can't be one correct path or strategy: strategies have to fit economic and social and political conditions which vary with time and place. He has also been a sceptical critic of the assumptions and reasoning and practicality ofmost schools ofthought, induding his own.

A reconciliation between the two perceptions, namely, that development can be speeded up by the international 'system' and that underdevelopment is caused by it, is possible along the following lines. The advanced industrial countries emit a large number of impulses oftwo kinds: those that present opportunities for faster and better development than would otherwise have been possible, and those that present obstacles to development, those that stunt growth . . ' Looked at in this way, the question becomes one of designing selective policies for aid, trade, foreign investment, trans-national companies, technology, foreign education, movements of people, etc.

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