Encyclopedia of Opinion
Question
Is economic development a false promise for developing countries?
Position1 of 2›

Yes, economic development is a false promise for developing countries

This position holds that the promise of development misleads poorer countries: proponents argue that the terms on which they enter the world economy, the conditions attached to finance and the ecological limits of growth make convergence unlikely.

Supporting arguments · 2

  1. The terms on which poorer countries trade keep them supplying inputs to someone else's industry
  2. Universal growth to rich-country living standards runs into ecological limits