Theory of Development - Essay Example

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From Reforms to Sustained Growth and Poverty Reduction. U.S: World Bank Publications 17 1.0 Introduction From a simplistic perspective, it is noted that the term development refers to a significant occurrence that normally has positive connotations i.e. it means the shift from poor, lower, or inferior state to a much more advanced, improved or enlightened state. The discussion of development is commonly classified into two groups that include a discussion on the development of human body, which comprises of physical features as well as cognitive features.

The other common discussions regarding development include discussion involving economic, political, and social factors within a particular region. This study will focus on the discussion of development with regards to economical, political, and social factors. In particular, this study will begin with a preview of various development theories and it will then specifically focus on two theories of development, which it will evaluate their efficacy using examples from the tourism sector. It is important to note that development theory according to Peet et al. (2009) is ‘a collective vision of theories about how a desirable change in society is best achieved.

’ Fforde (2013) added that such theories are developed from a variety of approaches and disciplines in social science. Among the most common development theories, include modernisation theory, structuralism theory, dependency theory, basic needs theory, neo-liberalism theory, and there are other recent trends, which comprise of post development theory, sustainable development theor