Economy, asked by prathma8154, 1 year ago

What is the traditional view of development

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Answered by dikshagarg8
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Answered by SmileQueen
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International development law (IDL) is the branch of international law dealing with the rights and responsibilities of states and other actors in the development process. This means that the content of IDL depends on one’s understanding of the elements involved in the development process and, particularly, of the development decision-making process. By “development decision-making” I mean the way in which individuals, groups, and institutions decide to adopt policies and initiate and implement programs and projects that affect either their own or other people’s social and physical environment.

At this time, there is no general consensus on how the various aspects of development should be dealt with in development decision-making. In fact, this is a hotly debated topic that underlies the dis[*PG196]agreements between: (1) the various stakeholders in contentious development projects and policies; (2) the international economic institutions and their critics; and (3) the different participants in the debate over globalization.1 While there are many different views expressed in these debates, most views tend to cluster around two idealized visions of development decision-making—the traditional view and the modern view. Part I of this Article briefly discusses the history of IDL. Part II focuses on these two idealized views of development decision-making and the different views of IDL that arise from each view. Finally, Part III considers likely future developments in our understanding of the content of IDL.

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