Appropriate Technology

Frances Stewart

Chapter 4 in Technology and Underdevelopment, 1977, pp 95-113 from Palgrave Macmillan

Abstract: Abstract There is ambiguity as to what counts as appropriate technology. According to Morawetz (1974), ‘Appropriate technology may be defined as the set of techniques which make optimum use of available resources in a given environment. For each process or project, it is the technology which maximises social welfare if factor prices are shadow priced.’

Keywords: Poor Country; Advanced Country; Alternative Technology; Underdeveloped Country; Shadow Prex (search for similar items in EconPapers)
Date: 1977
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DOI: 10.1007/978-1-349-02914-3_4

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