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HUMANOMICS A MODEL FOR THIRD WORLD DEVELOPMENT

HUMANOMICS A MODEL FOR THIRD WORLD DEVELOPMENT I. Introduction For over forty years, a model for Third World development has gained widespread acceptance. Three key premises underpin the traditional development model 1 the identification of development with the maximization of the rate of national economic growth 2 the quest to achieve Western living standards and levels of industrialization which require the transfer of labor from the agricultural to the industrial sector as well as increased consumerism and 3 the integration into the interdependence of Third World nations in the global economy and the global marketplace. Increasing the demand for a Third World nation's exports in other words, exportled growth is viewed as leading to the maximization of a nation's Gross National Product GNP. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Humanomics Emerald Publishing

HUMANOMICS A MODEL FOR THIRD WORLD DEVELOPMENT

Humanomics , Volume 8 (1): 68 – Jan 1, 1992

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0828-8666
DOI
10.1108/eb006125
Publisher site
See Article on Publisher Site

Abstract

I. Introduction For over forty years, a model for Third World development has gained widespread acceptance. Three key premises underpin the traditional development model 1 the identification of development with the maximization of the rate of national economic growth 2 the quest to achieve Western living standards and levels of industrialization which require the transfer of labor from the agricultural to the industrial sector as well as increased consumerism and 3 the integration into the interdependence of Third World nations in the global economy and the global marketplace. Increasing the demand for a Third World nation's exports in other words, exportled growth is viewed as leading to the maximization of a nation's Gross National Product GNP.

Journal

HumanomicsEmerald Publishing

Published: Jan 1, 1992

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