(how And Why Have Our Own Ideas Of Development Changed Over The Past Two Centuries) – Article Example
Change in Development Ideas According to Desai development has led to the improvement of seeds. The seeds have been modified and above all there are also varieties. She however illustrates that the genetically modified seeds do not lead to increase in profits (Desai 332). There is also the effect of poverty due to privatization. The privatization of public goods leads to poverty due to increase in prices and the cost of living henceforth.
She further illustrates that development has led to depletion of the natural resources. She illustrated that the natural resources are used as final output instead of factors of production for example trees been broken down into timber. Additionally, Desai (553) explains that women who provide most of the farm-work are not recognized as producers but as laborers. She highlights that industrialization has led to creation of poverty both to the communities as well as to mother-nature.
According to Todaro (727) the development of a development nation can be measured in terms of its citizens’ health, their education level and their real income44. The purchasing power of a nation is categorized under Gross National Income (GNI) and GDP compared using PPP (purchasing power parity) (Todaro 730). He later begins by explaining how ideas developments have led to poverty and inequalities. He however explained that certain factors could be changed to re-distribute income equally for example through progressive taxes.
He later highlighted that population growth determines the living standards of people. Todaro (202) depicts how increased population growth affects the development developing countries. However, he explains how the developed nations can assist the developed nations with their over-population demise. Furthermore, he explains that developing nations should adopt policies that fit within their economic contexts.
Todaro, Michael , and Stephen C. Smith. Economic Development. Boston, Pearson.2014. Print.
Vandana, Desai and Rob, Potter. The Companion to Development Studies, Economic Development (11th Edition). Routledge.2014. Print.