Economic Development in Africa: Aims and Possibilities

G. J. Ligthart and B. Abbai
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G. J. Ligthart: UN Economic Commission for Africa: Addis Ababa
B. Abbai: UN Economic Commission for Africa: Addis Ababa

Chapter Chapter 1 in Economic Development for Africa South of the Sahara, 1964, pp 3-47 from Palgrave Macmillan

Abstract: Abstract Much that has recently been said and written with respect to economic development, particularly in a semi-popular vein, is con nected with Rostow’s Stages of Economic Growth. 1 It is not our intention to start another ‘Methodenstreit’ when we say Rostow’s main weakness is in his method. In a gathering of professional economists it certainly need not be repeated that historical observa tion is necessary to bring together facts and describe situations as a starting-point for analysis, but that the inductive method, consisting of generalization of common elements in observed situations, does not necessarily lead to an effective explanation of events.

Keywords: Economic Development; Domestic Market; Consumer Good; Adult Education; Capital Formation (search for similar items in EconPapers)
Date: 1964
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-15217-9_1

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DOI: 10.1007/978-1-349-15217-9_1

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