Challenges in Development

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Authored By : Alexander V.V.

Publisher: Northern Book Centre

Book Price: 150.00

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Challenges in Development

Summary of the Book

This book as a prelude to "NEW SCHOOL OF ECONOMIC THOUGHT" provides Five Select Essays in a historical dimension on the theme, Challenges in Development that largely by-passed the serious attention of scholars on reasons unaccounted.

The dominant paradigms of development have undergone drastic shifts in the recent past. The western or capitalistic model of development, has lost much of its pretence and failed to prove valid in the Third World context. The so-called Socialist manifesto also failed as self-fulfilling prophesy, more so with the end of Communist power blocks and increasing disarray and communal conflicts in South-East Asia and particularly the disintegration process that is off-spin in India.

These challenges are now emerging into the centre stage of "Economic Management" with ‘Human-Centred Development’ as the new logic of market mechanism eclipsing the role of Keynesian paradigm in the emerging global economic order adopting holistic view on development—TELEONOMICS.

This book would provide thoughts for further research for those serious scholars who are obsessed with modern economic system management and analysis.

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