Development administration, Microeconomics

Development Administration:

Since the Government has been entrusted to manage economic and business activities, it was found difficult to manage the economic policy with the traditional administration as it has the experience of mostly dealing with law and order and justice. Therefore, development administration was introduced to manage new activities like economic policies. Let us now understand the meaning of Development Administration. Development is a process of growth in  the direction of modernity, especially towards nation-building and socio-economic progress. It has been stressed that "development is the rational process of organising and carrying out prudently conceived and staffed programmes or projects as one would organise and carry out military or engineering operations".

According to K.S. Dadzie, United Nations Director-General for Development and International Economic Cooperation, "The final aim of development must be the constant increase of the well-being of the entire population on the basis of its full participation in the process of development and a fair distribution of the benefits therefrom." Thus, the main aim of development should be to enrich the quality of life. You must have understood that Development Administration was introduced to ensure implementation of economic policies faithfully. But the structure of administration remained same. Now, let us explain the essentials of Development Administration.  

Posted Date: 11/10/2012 5:33:31 AM | Location : United States







Related Discussions:- Development administration, Assignment Help, Ask Question on Development administration, Get Answer, Expert's Help, Development administration Discussions

Write discussion on Development administration
Your posts are moderated
Related Questions
how to draw a table of the demand and supply scdule

subsitution effect dominate tha income effect in which good case?

PanCakes Creations is considering franchising its single brand of pancakes to stall-holders on the Zandvoort beach, which is 5 kilometers long. PanCakes Creations estimates that on

The demand functions for two related commodities are expressed as follows    Q 1 = (12P 2 3/4 ) / (P 1 1/2 ) Q 2 = (24P 1 2 ) / (P 2 3/5 ) Where Q 1  and Q 2 are d

Implications for the Role of Economic Theory : Like the schedule for the marginal efficiency of capital, expectations about the future market rate of interest underlie the li

Exchange Rate Policy: After the second amendment to the Articles of Agreement of IMF which came into effect on April 1, 1978, every member is free to choose its own exchange r

what is the theory of Second best? Prove the theorem with the help of a diagram.

contrast the longrun equilibrium positions of monopolistic competition firm and oligopoly

is the industry of electric power on the large economies scale

Why some country saving less and consumption more?