Non-Economic Factors in Development (Essay) - Pakistan Development Review

Non-Economic Factors in Development (Essay)

By Pakistan Development Review

  • Release Date - Published: 2000-12-22
  • Book Genre: Economics
  • Author: Pakistan Development Review
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Non-Economic Factors in Development (Essay) Pakistan Development Review read online review & book description:

INTRODUCTION Economic development in knowledgeable circles has a missing dimension--the non-economic, which is not quantifiable. Development, a leading sector in national transformation, is rooted in nonmaterial factors and requires a positive feedback between culture, economy, and polity, l would invite attention to an insightful comment from a practising professional economist: 'The need for economic growth in a developing country has few if any economic springs. It arises from a desire to assume full status by taking part in an industrial Civilisation, participation in which alone enables a nation or individual to compel others to treat it as an equal. Inability to take part in it makes a nation militarily powerless against neighbours, administratively unable to control its own citizens, and culturally incapable of speaking the international language'.

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