Initially published in 1984, this book considers the contemporary condition of the Third World economy, investigating the structural factors and historical forces, mostly operating in the capitalist world, which underlie the experience of the Third World in the post-war era.
The book provides a powerful critique of many of the development strategies which have been employed during this period and suggests that the misconceptions inherent within them have done much to damage North-South relations in recent years, particularly the failure to relate analytically the so-called social factors to economic growth and productivity.
Part I: History and Experience 1. The Long Wait 2. The Means to Growth: Conditions and Invariables 3. The Record Part II: Issues and Options 4. Return to Growth: New National Decisions 5. A Case of Employment-Intensive National Development 6. Post-Keynesian Model of Employment and Equilibrium 7. Return to Growth: New International Decisions 8. The International Co-operation Institutions 9. Trade and Development Co-operation 10. Monetary and Investment Co-operation 11. Resources, Population and Outer Limits to Growth 12. Integrated Planning and Development: The Environment/Development Case 13. Wages in a Developing Economy 14. Development in Practice – Three Cases 15. Cultures, Totems and Taboos 16. The Information Order Part III: The Future Context 17. A Manifesto