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(Paperback)

By: Ronald I. McKinnon

ISBN: 9780815756132
Readership/Audience: Professional and Scholarly
Publication Date: Mar 1973
Publisher: Bloomsbury Publishing PLC
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Presents a theory of economic development very different from the stages of growth hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author suggests a bootstrap approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves.