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Essay / Research Paper Abstract
A 6 page paper discussing the modernization, dependency, world systems and globalization theories of development for the purpose of assessing the statement, "Development is too important to be left to the market." The paper discusses the history of a major city and notes the prediction that by 2015, there will be 21 "megacities" of at least 10 million people each, 17 of which will be in developing nations. The paper concludes that the statement is true. Bibliography lists 10 sources.
Page Count:
6 pages (~225 words per page)
File: CC6_KSeconMgdDev.rtf
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Unformatted sample text from the term paper:
United Nations (UN) projects that there will be 21 "megacities" of at least 10 million people each, 17 of which will be in developing nations (Meeting the urban challenge 2002).
Already, urban areas gain approximately one million additional residents each week (Meeting the urban challenge 2002). These cities will be growing under the guidelines of fiscal goals and
cultural opinion, and will have the opportunity to attain new heights of beneficial development or fall into the same traps as some other cities already in decline. The purpose
here is to discuss the statement, "Development is too important to be left to the market." Theories of Development Modernization Two primary assumptions
of the modernization theory of development are that it occurs in phases and it "is a homogenizing process" (Reyes 2001) that results in developing areas to become more alike than
to retain their differences. This is seen to be true on both national and international levels. Another assumption is that it is a compelling process: "once third world
countries come into contact with the West, they will not be able to resist the impetus toward modernization" (Reyes 2001). Dependency "The theory
of dependency combines elements from a neo-marxist perspective with Keynes economic theory" (Reyes 2001). Common in countries of South America throughout much of the 20th century, under this theory
governments seek to control economic development while also giving attention to promoting growth (Reyes 2001). The Marxist tendencies of the model seek to retain equality among individuals, not allowing
any to rise too far above average. World-Systems This is a sociological view that depends heavily on social structures and "new capitalism" of
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