Study week on the econometric approach to development planning

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Monograph

Identifikator:: 1824422792

URN:: urn:nbn:de:zbw-retromon-217476

Document type:: Monograph

Title:: Study week on the econometric approach to development planning

Place of publication:: Amsterdam [u.a.]

Publisher:: North-Holland Publ. Co. [u.a.]

Year of publication:: 1965

Scope:: XLVII, 1259 S.; graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: The social transformation for national development / P.C. Mahalanobis, Indian Statistical Institue - Calcutta - India

Collection:: Economics Books

1100 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28 appreciated. Both the « western » and the « eastern » powers have started helping in the economic development of the less advanced countries in Asia, Africa and Latin America, but still without an adequate impact. The time has come to re- cognise that economic aid is essential but is also not sufficient. 7.2. Revolutions to capture political power have been oc- curring throughout human history and are even now occurring in many of the politically independent countries in Latin Ame- rica or in most of the newly independent countries in Asia and Africa. Such revolutions do not automatically promote rapid economic development, because purely political revolutions do aot lead to any fundamental transformation of the old society based on the principle of authority associated with levels of status. It is becoming increasingly clear that rapid economic development cannot be achieved without developing a structure of society in which decisions would tend to be made more and more on grounds of reason, that is, in accordance with the orinciple of objective validity instead of authority. It is rele- vant to note that the French Revolution was preceded by the age of reason; the American War of Independence had the support of influential leaders inspired by the spirit of science; and the socialist government, which was established after the October Revolution in 1917 in Russia, made great efforts to build up a countrywide system of science-oriented education and to promove scientific research and, in this way, succeeded in modernising the whole society leading to rapid economic development. 7-3. One thing is clear. In the absence of rapid economic development, political conditions in the less advanced countries would remain unstable. In many or most countries there would be one revolution after another tending to get the two power groups involved “directly or indirectly in the struggle. The world must get out of this vicious circle. - There are only two possibilities. One is for a violent type of revolution to occur 141 Mahalanobis I - pag. 22

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