write a critical note on the various debates on models of development planning
Answers
Western Liberal Model of Development
In this model, it is thought that all civilisations experience fluctuations from old-style, intermediate and contemporary phases of growth. It favours party-political growth as the situation for economic growth
Welfare Model of Development:
The welfare model of development admits and strongly believes the role of government in the financial domain for endorsing the socio-economic welfare and common benefits of the society.
Socialist/Marxist Model of Development:
The Socialist model of development is a universal model in which numerous socialist philosophers sponsor numerous different views about improvement areas and means
Democratic-Socialist Model of Development:
This model supports development through the safeguarding of socialist goals by using independent funds