What is the real meaning of development

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An introductory course in development economics should help students gain a better understanding of a number of critical questions about the economies of developing nations. The following is a sample list of 30 such questions, followed by the chapters (in parentheses) in which they are discussed. They illustrate the kinds of issues faced by almost every developing nation and, indeed, every development economist.

Question

1. What is the real meaning of development? Do the Millennium Development Goals fit with these meanings?

2. What can be learned from the historical record of economic progress in the now developed world? Are the initial conditions similar or different for contemporary developing countries from what the developed countries faced on the eve of their industrialization or in their earlier phases?

Reference no: EM131245554

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