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/lp/emerald-publishing/humanomics-a-model-for-third-world-development-cOg6lPfizG
- 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
Humanomics – Emerald Publishing
Published: Jan 1, 1992