Monday, 10 October 2011

Economic Development (Research report)


CONCLUSION

         The phenomenon of underdevelopment must be viewed in both a nation and an international context. Problems of poverty, low productivity, population growth, unemployment primary product export dependent and international vulnerability have both domestic and global organic and potential solutions. Economic and social forces, both internal and external, are therefore responsible for the poverty, inequality, and low productivity that characterize most developing nations. The successful pursuit of economic and social development with require not only the formulation of appropriate strategies within the developing world but also a modification of the present international economic order to make it more responsive to the development needs of poor nations.

            Although the picture of life in much of the developing world painted throughout our review may seem bleak, it should be remembered that many countries have succeeded in raising incomes, lowering infant mortality improving educational appropriate economic and social policies both at home and a head and with effective assistance form developed nations, poor countries do indeed have the means to realize their development aspirations. Parts two, Three, and Four will discuss the ways in which these hopes and objectives can be attained.

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