Reconceptualizing Development: A Linkages-of-Capital Approach

Russell John Foote
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Abstract

Current theorizing and measurement do not really capture the multidimensional nature of development. The received wisdom fuelling development efforts has highlighted the importance of technological accumulation (Bell and Pavitt 1997), economic modeling (Zafirovski 1999), people’s participation (Redclift 1992), bilateralism and multilateralism via trading blocs (Riley 1998), structural adjustment and the importance of contemporary knowledge management. (Jayarajah and Branson 1995). The major deficiency of these approaches is that they have largely focused on one aspect of development and the resultant practices have spawned a variety of destabilizing and decivilizing processes which continue to escalate: richpoor gaps, gender, social class, religious geographic inequalities and social problems. These have been further aggravated by materialist values which usually accompany capitalist-driven development.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

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Not applicable for this article.

How to Cite This Article

Russell John Foote. 2016. "Reconceptualizing Development: A Linkages-of-Capital Approach". Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 15 (GJHSS Volume 15 Issue E9).

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Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Keywords
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GJHSS-E Classification FOR Code: 340299p
  • Submission ReceivedFebruary 3, 2015
  • Peer Review Double Blind
    Handling Editor
  • Accepted March 5, 2015
  • Published March 15, 2015
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v1.2

Issue date
January 14, 2016

Language
English
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Reconceptualizing Development: A Linkages-of-Capital Approach

Russell Foote
Russell Foote School of Higher Education
  • Submission ReceivedFebruary 3, 2015
  • Peer Review Double Blind
    Handling Editor
  • Accepted March 5, 2015
  • Published March 15, 2015