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Overview What is development? Measures of development Models of development Policy Issues

Economic Geography: Concepts of Development. Overview What is development? Measures of development Models of development Policy Issues. Economic Geography: Concepts of Development. What is development? Material well-being Quality-of-life terminology

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Overview What is development? Measures of development Models of development Policy Issues

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  1. Economic Geography: Concepts of Development • Overview • What is development? • Measures of development • Models of development • Policy Issues

  2. Economic Geography: Concepts of Development • What is development? • Material well-being • Quality-of-life • terminology • spatial elements and explanations

  3. Economic Geography: Concepts of Development • Measures of Development • Economic • GDP, GNP, PPP • Technology • Resource inputs to production • Sectoral distribution • Non-economic • Political system/political unrest • Education • Infrastructure • Health and nutrition

  4. Economic Geography: Concepts of Development • Models of Development • Core-periphery • Growth poles • spread and backwash effects • circular and cumulative causation • Stages of Growth (Rostow) • preconditions for growth • takeoff • drive to maturity • age of mass consumption • post-industrial

  5. Economic Geography: Concepts of Development • Models of Development (cont.) • Entrepreneurship and Schumpeter • New Growth Theory

  6. Economic Geography: Concepts of Development • Policy Issues • Domestic versus international development trade-offs • Growth versus equity • Growth versus equity versus environment

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