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The Political Economy of Neo-modernisation

Rethinking the Dynamics of Technology, Development and Inequality

Seung Jin Baek

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Springer International Publishing img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft

Beschreibung

Is there a limit to technological advancements? Are technological advancements creating a more equal and fair world? Starting from influential thinkers driving a never-ending evaluation of development discourse – incorporating theories of modernisation, endogenous growth, globalisation, neoliberalism and several others –  Seung-Jin Baek answers these questions and sets out practical steps to create societies that are more equal in the Fourth Industrial Revolution.

This book explores why Western-centred development strategies are unlikely to bring about similar developmental paths and outcomes in developing economies. By theoretically and empirically assessing the Technology-Development-Inequality nexus, Baek explores why a distorted developmental path has been observed in recent years, with high income countries being associated with rising inequality.

This is important reading for all those seeking to understand international development in a twenty-first century context. 


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Schlagwörter

Technological growth, Inequality-growth landscape, Technology policy, Neo-Modernisation, ICT development, Structural transformation in Africa, Economics of innovation, Neo-Developmentalism, Technology-Development-Inequality Nexus, Evolutionary Economics, Fourth Industrial Revolution, History of technology, Technological development, Innovation economics, S-curve theory