Advancing Development: Core Themes in Global Economics by G. Mavrotas, A. Shorrocks

By G. Mavrotas, A. Shorrocks

This publication displays on present considering in improvement economics and on what may perhaps occur over the following twenty years. in addition to learning improvement economics on reflection, the quantity explores the present debates and demanding situations and appears ahead on the difficulties that impact the worldwide potential to accomplish the Millennium improvement objectives.

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Industrialization was conceived as the engine of growth that would pull the rest of the economy along behind it. The industrial sector was assigned the dynamic role in contrast to the agricultural sector which was, typically, looked at as a passive sector to be ‘squeezed’ and discriminated against. More specifically, it was felt that industry, as a leading sector, would offer alternative employment opportunities to the agricultural population, would provide a growing demand for foodstuffs and raw materials, and would begin to supply industrial inputs to agriculture.

McNamara, P. Ndegwa, S. Okita, Soedjatmoko, B. Urquhart and J. Witteveen (1989) World Economic Summits: The Role of Representative Groups in the Governance of the World Economy, Study Group Series No. 4, Helsinki: UNU-WIDER. , R. C. Bresser Pereira, S. Chakravarty, L. Jayawardena, F. Leutwiler, O. V. Roosa, J. Sachs, R. Solow and M. Yoshitomi (1988) Debt Reduction, Study Group Series No. 3, Helsinki: UNU-WIDER. 1 Such an objective would have been inconsistent with the underlying division of labour and trading patterns within and among colonial blocks.

Dr Jayawardena’s PhD dissertation was on the subject ‘The Supply of Sinhalese Labour to Ceylon Plantations (1830–1930): A Study of Imperial Policy in a Peasant Society’ (Cambridge University, 1963). The dissertation was awarded the coveted Ellen McArthur Prize; it has, however, not been published. * ‘Amartya Sen on Lal Jayawardena’. Address prepared for a colloquium organized by the Global Development Network in memory and honour of Lal Jayawardena. The memorial meeting was inaugurated by Manmohan Singh in April 2005.

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