Lewis and Rostow both focused on rising per capita income as the central measure of growth; they conceived of economic development as a modernisation
Modernisation Theory and Stages of Growth Read More »
Dependency Theory, Development Studies
One of the distinguish characteristics of developing countries is that their trade tends to be dominated by the export of primary commodities.
Exports Dominated by Primary Commodities. Why ? Read More »
Dependency Theory, Development Studies
Deprivation in developing countries is not simply a matter of low levels of per capita income. There are many other dimensions to the development gap between rich and poor countries. Developing countries generally experience much higher levels of unemployment, open and disguised than do developed countries. The levels of education, health and nutrition are often abysmally
2 Dimensions of the Development Gap Read More »
Dependency Theory, Dependency Theory, Development Studies
Neo-Marxism theories of underdevelopment and dependency appeared during the 1950s, partly as a reaction against the growth and modernisation theories,
Neo-Marxism Theories of Underdevelopment and Dependency Read More »
Dependency Theory, Development Studies
Here are Some characteristics of developing countries that contribute to the low levels of labour productivity and poor economic performance
Structural features of developing countries Read More »
Dependency Theory, Development Studies
Many economists have recently argued that it is weak institutional structures that are the fundamental causes of underdevelopment
Weak institutional Structures in Developing Countries Read More »
Dependency Theory, Development Studies
Collective Bargaining process is a mutual ‘give and take’ transactional relationship between representatives of two institutions that is workers on one side and the employing organization on the other to the mutual benefit of both. In the unionized organization, the collective bargaining process can be thought of as a complex flow of events that occur in
Collective Bargaining process in Industrial Relations Read More »
Development Studies, Industrial Relations
The role of trade unions in industrial relations is very crucial maintaining smooth industrial relations. It is true that the unions have to protect and safeguard the interests of the workers through collective bargaining. Responsibilities of Trade Unions in maintaining industrial relations But at the same time, they have equal responsibility to see that the organizations
Role of Trade Unions in Industrial Relations Read More »
Development Studies, Industrial Relations
There are a couple of principles of good industrial relations, but all depend on the efficiency of the players in the system. Here are the major principles: The willingness and ability of management and trade unions to deal with the problems freely, independently and with responsibility Recognition of collective bargaining. Desirability of associations of workers
PRINCIPLES OF GOOD INDUSTRIAL RELATIONS Read More »
Development Studies, Industrial Relations
Introduction Andrea Gunder Frank, like Baran, was interested in identifying the causes of underdevelopment, but unlike his predecessor he did not lay great emphasis on the social classes and their control over the economic surplus. Rather, Frank argued that the crucial mechanism for extraction of the surplus was trade and other kinds of exchange of
Metropoles and Satellites According to Baran Read More »
Dependency Theory, Development Studies