Despite all the criticisms post-development writers have expressed, they fall short in providing actual alternatives and remain in the realm of critique, which does nothing to actually change the current status quo of development. ... Ultimately, the discourse on post-development continues and the aim of post-development does not preclude the involvement on a more local and regional level in terms of the market economy. ...

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• Approx Pages: 14
• Grade Level: Graduate

The aim is to make as large a profit as possible, thereby maintaining efficiency and taking advantage of available opportunities to innovate and contribute to growth. ... The new contract represents the idea that business has "an obligation to work for social as well as economic betterment." [20] This idea was expressed by the Committee for Economic Development as follows: [21] Today it is clear that the terms of the contract between society and business are, in fact, changing in substantial and important ways. ...

• Word Count: 2501
• Approx Pages: 10
• Grade Level: Undergraduate

THE SOUTH AFRICAN ECONOMY Brief economic history During the 1960s the South African economy expanded at an annual average rate of 5,5 percent and experienced average inflation of 2,4 percent. This compared with annual growth of 5,0 percent in industrialised Organisation for Economic Corporation and Development (OECD) countries and inflation of 2,9 percent. Dollar per capita income grew 73 percent during the decade. The 1970s were turbulent years internationally and the domestic economy grew by only 3,2 per cent per annum (versus 3,4 percent in OECD countries). Relative economic performan...

• Word Count: 6046
• Approx Pages: 24
• Grade Level: Undergraduate

The source of this feeling is not so much one's observation of the expressed emotion of another person as one's thought of the situation that the other person confronts. ... Adam Smith was concerned with the flow of goods and services consumed by everyone, constituting the ultimate aim and end of economic life. ...

• Word Count: 3887
• Approx Pages: 16