Economic Factors and Political Development

Wilfred Malenbaum
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Wilfred Malenbaum: Wharton School and in the South Asia Regional Studies Department, University of Pennsylvania

The ANNALS of the American Academy of Political and Social Science, 1965, vol. 358, issue 1, 41-51

Abstract: Social scientists frequently associate political, cul tural, and social progress with economic growth and change in a developing nation. In this relationship it is assumed that eco nomic growth is essentially a mechanical process requiring new inputs of capital and technology of the right type and propor tions. In contrast to this, an indispensable part of the economic task in most cases is to generate better use of existing resources. Unless the poor nation is interested in more output to the point where it is prepared to utilize its factors fully to that end, eco nomic growth will not follow simply from additional resources and technology. Most poor countries are composites of mod ern and traditional sectors, both of which could benefit from a greater degree of interdependence. The economic program must foster such integration, and this requires that extensive efforts be applied directly in the larger, more backward parts of the economy. Monetary and physical resources are of limited significance for these tasks; administration, guidance, and devoted leadership are essential. This type of program can be mounted and can succeed only under a governmental leadership prepared to give it priority attention, and prepared to research and develop the most promising specific actions for growth. Such political leadership is therefore a prerequisite to persistent economic expansion.

Date: 1965
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Persistent link: https://EconPapers.repec.org/RePEc:sae:anname:v:358:y:1965:i:1:p:41-51

DOI: 10.1177/000271626535800106

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