Posted: June 17th, 2015

Economic Development Economics

PS Below are some additional thoughts/links that may help:

Too get a sense what I am looking for is predicated by my dissertation proposal. From my current abstract:

Emerging market economies are faced with a number of challenges, the greatest of them being poverty. Despite the economic progress being made by many developing countries, most of their citizens continue to live in extreme poverty levels, and in some countries, the situation appears to be worsening. The high levels of poverty in emerging markets is caused by a variety of factors, which include lack of sufficient capital, technological laggardness, high illiteracy levels, poor leadership and corruption. As a result, there is a big economic gap between first world nations and emerging markets, and this has presented an opportunity for developed nations to expand into emerging markets that are present in developing countries. Currently, many developed nations are penetrating into developing countries through the establishment of subsidiary companies. Further, developed countries are also using Foreign Direct Investment (FDI), Asset-based Community Development (ABCD) and resource mapping methodologies [System Dynamic Modeling (SDM] to garner the potential in developing nations. Some of the specific factors that have prompted the strong interest of developed countries to invest in developing countries include the availability of cheap labor, space, and unexploited natural resources. Consequently, developing countries have experienced increased employment opportunities, technological transfer, infrastructural development, capacity to save, consumer choices, and knowledge transfer from expatriates working in the foreign developing countries. The effects of the investment made by the developed countries have directly or indirectly impacted on the poverty levels in the emerging nations, as the investments help in alleviating poverty. This dissertation proposal will analyze how FDI, ABCD, and SDM resources mapping methodology may help to reduce poverty levels in emerging nations. Further, the proposal will discuss how to potentially achieve sustainable poverty reduction through the use of the three approaches in select emerging market economies.

A) Development Economics:

History/backdrop of development economics theories

https://en.wikipedia.org/wiki/Development_economics

Cite/reference some of the seminal theorists such as:

Joseph Schumpeter https://en.wikipedia.org/wiki/Creative_destruction

Schumpeter, Joseph & Backhaus, Urusla, 2003. The Theory of Economic Development. In Joseph Alois Schumpeter. pp. 61–116. Available at: http://dx.doi.org/10.1007/0-306-48082-4_3

William Easterly, author of The Elusive Quest for Growth: Economists’ Adventures and Misadventures in the Tropics description and review and White Man’s Burden: How the West’s Efforts to Aid the Rest Have Done So Much Ill and So Little Good (description and preview).

Jeffrey Sachs, author of The End of Poverty: Economic Possibilities of Our Time (preview) and Common Wealth: Economics for a Crowded Planet

Joseph Stiglitz, Nobel Prize winner and former chief economist at the World Bank.

B) History/backdrop of economic development:

https://en.wikipedia.org/wiki/Economic_development

C) History/backdrop of Community Development:

http://www.statsamerica.org/innovation/guide/practitioners_guide.pdf

Concepts of needs-based community development verses asset-based community development.