Preconditions of Market-Led Development and Their Implications for A.I.D. Programming

摘要

The paper is intended as a contribution to the continuing discussion in development circles of the purposes and possibilities of development assistance. After noting the important preconditions of British industrialization, a few of the ways in which the conditions of development in less-developed countries (LDCs) today differ significantly from the preconditions of British industrialization are examined. Finally, the implications of their absence for A.I.D. programming today are explored. The general conclusion suggested is that the role of outside donors is to help the LDCs find their own ways toward development. More specifically, donors can help LDCs to overcome the time gap required for creation of institutions supporting market-led development, and it can help prevent the poorest from bearing the full cost of the structural and institutional shifts which will accompany market-led development.