Publication Type:
BookSource:
REPOA, Dar es salaam, p.34 (2013)ISBN:
788 9987 615 50 6Abstract:
<p>In recent decades,two mainstream development models have dominaded economic discourse and policy in developing nations.The first,variously desribedas ''trickle down'' economics, structural adjustment and macro-economic stabilisation and/or the Washington Consensus, promoted economic growth with a widening gap between the rich and the poor,in order words, a not for poor growth model.The second based on ''egalitarian'' theory ,which focus on redistribution rather than on production and business,resulted in equality without growth,or as it was ironically described by some economists,''equality in poverty''.</p>