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Presents a theory of economic development very different from the stages of growth hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author suggests a bootstrap approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves.
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Money and Capital in Economic Development, Ronald I. McKinnon
- Language
- Released
- 1973
- product-detail.submit-box.info.binding
- (Paperback)
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- Title
- Money and Capital in Economic Development
- Language
- English
- Authors
- Ronald I. McKinnon
- Publisher
- Brookings Institution
- Released
- 1973
- Format
- Paperback
- ISBN10
- 0815756135
- ISBN13
- 9780815756132
- Description
- Presents a theory of economic development very different from the stages of growth hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author suggests a bootstrap approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves.