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My Final Exam - Essay Example

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One of the influential narratives on economic development features that poor countries face poverty traps, which they can move out of through a substantial push detailing enhanced investment (industrialization and economic growth) in order to attain a takeoff in per capita…
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Download file to see previous pages Bottom-up mode, on the other hand, rooted for rural development and distributional issues through small-scale bottom-up projects that directly engaged the urban and rural poor population in income-generating schemes. The advocated activities are envisaged to generate profit, savings, and investment at the grassroots level, thus reducing the need for income to trickle down via the market hierarchy (United Nations 2009, p.4). Bottom up initiatives highlight the participation of the local community in development initiatives and empower the communities to establish their own goals and the means of attaining those goals.
One of the most significant and critical issues regarding international development is getting the right resources to places where they are needed most, and guaranteeing that the resources remain integrated in a sustainable manner. In fact, some authors assert the catastrophe of aid is the absence of accountability and meaningful investment. The authors assert that the massive monetary allocation to developing countries projects has failed to deliver the envisaged objectives, and the countries manifests shockingly minimal growth. This may flow from bureaucratic interventions by governments, foreign agencies, or multinationals, which frequently impose top-down solutions that ignore the needs and wishes of the bottom. Conversely, acknowledgement and addressing of community issues through community-developed remedies is critical to the understanding of the delicate intricacies of local issues, as well as to the success and sustainability of such projects (United Nations 2002, p.65).
Capacity building can be delineated into four interventions directed at producing sustained change. These include top-down approach; bottom-up approach; partnership approach; and community organizing approach. Participatory approaches to development require redefining of the relationship between donors, development workers, ...Download file to see next pagesRead More
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