ABSTRACT

As discussed in the previous chapter, many of the early theories of development were in essence theories centred on notions of economic growth and, in the 1950s, development was synonymous with economic growth. The idea was a simple one – economic growth leads to more income for people, which in turn leads to less poverty and a better standard of living (Veenhoven, 1996). While distribution of wealth may not necessarily be a direct concern in economic growth, there is an assumption that it will ‘trickle down’ within the economy. The result was that up to the late 1960s, development was measured largely in terms of income per member of the population (income/capita; Othick, 1983).