Presents a theory of economic development very different from the stages of growth hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author suggests a bootstrap approach in which successful development would depend largely on policy choices...
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Presents a theory of economic development very different from the stages of growth hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author suggests a bootstrap approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves.
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