The question of alternative strategies for economic development is the subject of great controversy and intense debate amongst practitioners and academics concerned with economic and social progress in the Third World. The core of this book is an analysis of the six most widely adopted strategies of development namely monetarism, the open economy, industrialisation, the green revolution or agriculture-led development, redistributive strategies of development and socialist strategies.

Strategies for the advancement of economic development in the Third World are examined here, with special emphasis on government policies and the implications of alternative policy approaches for the social and material advancement of developing countries.

This book is available as open access through the Bloomsbury Open Access programme and is available on bloomsburycollections.com. The global economic crisis of 2008-2009 exposed systemic failings at the core of economic policy making worldwide. The crisis came on top of several other crises, including skyrocketing and highly volatile world food and energy prices and climate change. This book argues that new policy approaches are needed to address such devastating global development challenges and to avoid the potentially catastrophic consequences to livelihoods worldwide that would result from present approaches. The contributors to the book are independent development experts, brought together by the UN to identify a development strategy capable of promoting a broad-based economic recovery and at the same time guaranteeing social equity and environmental sustainability both within countries and internationally. This new development approach seeks to promote the reforms needed to improve global governance, providing a more equitable distribution of global public goods. The contributors offer a critical evaluation of past development experiences and report on their creative search for new and well-thought out answers for the future. They suggest that economic progress, fairer societies and environmental sustainability can be compatible objectives, but only when pursued simultaneously by all.

Almost two decades of research in U.S. city politics has produced a compelling empirical account of the nature of urban governance revolving around the alliance of business interests and local public officials. In Reconstructing City Politics, author David L. Imbroscio urges that urban political economy must now move forward beyond the question of "what is?" to a consideration of "what might be?" He systematically poses the possibilities for reconstructing the nature of contemporary city politics, while integrating a wealth of innovative urban analysis. To bring about this reconstruction, Imbroscio explores three comprehensive alternative urban economic development strategies--entrepreneurial mercantilism, community based economic development, and municipal enterprise. He considers whether these three strategies are likely to be effective for bringing about urban economic vitality and whether it is feasible for cities to pursue these efforts in the current political economic context. By addressing these questions, Imbroscio is able to reach conclusions about the possibilities for a successful and sustainable reconstruction of U.S. city politics. This important volume will be vital for professionals and and researchers in urban planning, urban studies, urban and regional economics, as well as urban politics.

This Economic Paper builds on the 2014 SIDS Accelerated Modalities of Action Pathway, which provides guidance on economic, environmental and social priorities in small island developing states. It offers detailed analysis and guidance on alternative economic development strategies and recommends policies to build competitiveness in new industries.