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Development Theory and Impasse - Essay Example

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Like many developing countries in the “Lost Decade”, the sphere of development theory was also affected in 1980s. A concept developed among many thinkers regarding the development theory that it has been extended to an impasse which is known as the Impasse in Development Theory. …
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Development Theory and Impasse
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"Development Theory and Impasse"

Download file to see previous pages The development theories at that time were based on metanarratives mainly because of the popularity which was contained by Marxists and neo Marxists. The beginning of impasse in development theory occurred when the capitalist system caused the Western development which was considered to be exploitative by nature (Schuurman, 1993). The development impasse is a significant feature of the world economy and global development. This paper is focused on describing the development theories and the impasse in development theories in a detailed manner. It also aims to evaluate the causes of this impasse in development theories.
Development Theory
Development theory is an aggregate of multiple theories, which aims to propose methods by which a society can be congealed into a developed and progressed form. The development study deals with the ways by which the desirable changes in the society can deliberately be delivered on a social level. There are many theories, which come under the umbrella term of development theory. Some of these theories are:
1. Dependency Theory
2. Modernization Theory
Dependency Theory
Dependency theory is a set of multiple theories relating to the scope of social sciences. It aims to describe the reasons for the failure of developing countries to develop on the economic field....
ntrols the global economy which creates inequality in power and resources by which the non industrialized countries becomes unable to progress and match to the global economy in spite of the investments by industrialized countries. This is the main argument of dependency theory for the global development (Munck & O'hearn, 1999). Modernization Theory Modernization theory is a development theory which explicates the process by which the industrialized countries become developed. It aims to describe the process of modernization by which societies became developed and industrialized. It emphasizes on advancements in technology and industrialization in order to actualize the development in society. It also incorporates many political and social changes in a society to become a developed society. One of the social changes is the emphasis on the advancement in the institution of education. It actually describes the process by which the industrialized North American societies and the industrialized societies of Western Europe were developed. It proposes that if a developing country adopts this process of modernization, by which the developed countries were modernized, only then that developing country can be converted into a developed and industrialized society (Munck & O'hearn, 1999). Impasse in Development Theory The impasse in the development theory is largely contributed to the Marxist influence on development sociology. To understand the impasse of development theory, it is important to neutrally attain the core understanding of each theory including dependency theory and Marxist influence on development theory (Booth, 1985). Marxism and Neo Marxism The time period of 1970s and 80s were significantly influenced by Marxist theory and Neo Marxism regarding the development ...Download file to see next pagesRead More
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