Tag Archives: Modernisation Theory

Arguments for Official Development Aid

Early modernisation theorists believed that it was essential to inject aid into countries to establish infrastructure and change attitudes. From the 1950s to 70s aid programs seemed to have a positive effect on many developing countries as both economic and … Continue reading

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Arguments for Trade as a Strategy for Development

‘Free’ trade* refers to the relative absence of government interference in the affairs of private businesses and the consumers who buy their products. Free trade depends on free trade agreements. Free Trade agreements are policies established between countries and private businesses … Continue reading

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Modernisation Theory (Development and Underdevelopment)

Modernisation Theory Historical Context (1940s and 50s) By the end of WW2 it had become clear that despite exposure to Capitalism many of the countries of the South had failed to develop. In this context, in the late 1940s, Modernisation … Continue reading

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