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Development and Social Goals: Balancing Aid and Development to Prevent 'Welfare Colonialism' / Erik Reinert.
- Format:
- Book
- Government document
- Author/Creator:
- Reinert, Erik, author.
- Series:
- UN Department of Economic and Social Affairs (DESA) Working Papers, 2520-6656 ; no.14.
- UN Department of Economic and Social Affairs (DESA) Working Papers, 2520-6656 ; no.14
- Language:
- English
- Subjects (All):
- Economic and Social Development.
- Local Subjects:
- Economic and Social Development.
- Physical Description:
- 1 online resource.
- Place of Publication:
- New York : United Nations, 2006.
- System Details:
- text file
- Summary:
- The current development policy focus on poverty reduction is erroneous. Historically, successful development policy-from the late fifteenth century until the beginning of the twenty-first-has achieved structural change away from dependence on raw materials and agriculture, adding specialized manufacturing and services subject to increasing returns with a complex division of labour. In contrast, the Millennium development Goals are heavily biased in favour of palliative economics: alleviating the symptoms of poverty, rather than attacking its real causes. This creates a system of 'welfare colonialism' increasing the dependence of poor countries, thereby hindering, rather than promoting, long-term structural change.
- Access Restriction:
- Restricted for use by site license.
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