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This
paper argues that economic growth is almost
invariably the outcome of a national development
strategy that can be evolved when a nation
is strong, and the different social classes
are able to cooperate and formulate an
effective strategy to promote growth and
face international competition and which
in turn stimulates capital accumulation
and technical progress. The paper goes
on to provide a discussion of the main
characteristics of such strategies, both
in developed and developing countries,
and ends with an analysis of the conflicts
involved in national development strategies.
August 7, 2006. |
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