Planning and technology in developing nations

Writing on economic development of Third World countries is beset with a number of constraints. The traumatic experience these countries have been going through is an eye-opener for economists and administrators to give a second thought on the processes and strategies which could uplift the economy in a short span of time as otherwise, they continue to remain dependent on the advanced countries. And it is not a difficult exercise provided there is the adequate amount of political will in pursuing and implementing the policies. The standard of living of people can improve only by a substantial increase in economic growth. Hence, all efforts are needed to be directed for this particular aim.

Economic growth is the function of creating more output of goods and services within a nation. Developing countries, including India, have a record of cultural heritage and value system. If people are sufficiently enthused to overcome all difficulties, to undergo some sacrifice and to work hard, there is no reason why countries of the Third World may not be able to achieve their goal of development through mitigating, rather eradicating, the various social and economic problems.

The readers are given an insight into the development processes, its mechanics and critical issues that need to be tackled. Also, by way of illustration, the contemporary scene of economic development of some developing countries has been given in this book. A number of appendices included here will interest the readers for understanding the connected themes relating to economic development.