Question

What are the dangers of development

Answer 1

Dangers of developement Are...
1. People will start depending on machines as they will get modern day by day.
2.If the developement in the field of weapons than it POSES a threat to Humanity..
3.Today made Robots are Having their own brain...what if one day they turn against us???

Answer 2

In one sense, the case is obvious—economies will not grow in a sustainable way without a robust private sector. This simple premise has long underpinned efforts in institutions like the IMF, the World Bank, and the US Treasury to promote sound regulatory regimes and macroeconomic policies, and even more fundamentally, basic adherence to rule of law. Private sector development has long been viewed as essential, and the US role in promoting it has focused mostly on how developing country governments could best set a policy environment that made it possible.

In more recent years, though, as donor dollars have become more scarce, the global agenda has shifted to emphasize various ways that official actors can seek to attract private funds to development projects. This evolution of the “private sector” development agenda increasingly has donor governments playing the role of deal makers rather than policy makers.

And into this environment comes the election of Donald Trump, lauded and derided as the United States’ new “deal maker in chief.” It would seem that Trump’s modus operandi is ready made for the current development zeitgeist.

But let’s consider the risks of this for development. What could go wrong with an agenda that is centered on “deal making for development”?

One of the tropes of this agenda is the “win-win,” that seemingly everywhere and always, a transaction involving a US firm and a developing country is good for the firm and good for development. We see this kind of thinking in the rhetoric of the Obama administration’s Power Africa initiative, even as the initiative itself seems to take aim at policy reform alongside project-level transactions. In President Obama’s words, Power Africa is “a win for Africans…and it’s a win for the United States because [it] means more exports for the US and more jobs in the US.”

Maybe, but this is not intrinsically so. Any private transaction can create winners and losers, often among those who are not direct parties to the deal. In economic terms, these are the external costs and benefits that ought to be accounted for under a sound policy framework. Indeed, with appropriate policy guidance, the US government would only involve itself in deals where there are clear market failures. More generally, the case for our government’s involvement is not narrowly defined by the private parties to the deal, but by the broader public interest.