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World Development Quotes
Quotes
10
Economics
2nd Grade
12/13/2007

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Term
This is also why industrial and agrarian revolutions always go together
Definition
Lewis
Term
Large-scale crash programs, especially by outsiders, often produce unintended consequences
Definition
Easterly
Term
They did not lack inventiveness and innovations,... but they did lack a systematic understanding of their physical environment capable of making invention a more or less regular current flow.
Definition
Rostow
Term
Underdevelopment was and still is generated by the very same historical process which also generated economic development: the development of capitalism itself.
Definition
Gunder Frank
Term
Socialism is the longest road from capitalism to capitalism
Definition
Sachs
Term
By endowing nations, societies, or cultures with the qualities of internally homogenous and externally distinctive and bounded objects, we create a model of the world as a global pool hall in which the entities spin off each other like so many hard and ro
Definition
Wolf
Term
A potentially powerful factor-demand force behind the distribution of income is the degree to which technological progress tends to economize on some factors of production while favoring the use of others.
Definition
Williamson
Term
The peasant's criterion will be what is left after outside claims have been met -whether it is enough to maintain his basic requirements - rather than the level of the claims per se.
Definition
Scott
Term
The mere listing of the steps that would have to be undertaken, in order to assure an expansion of output and income in an underdeveloped country, reveals the utter implausibility of the view that theyc ould be carried out by the governnments existing in
Definition
Baran
Term
A way of life that my have existed only for lack of alternatives is extolled as a virtue.
Definition
Dasgupta
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