Professional Documents
Culture Documents
a significant role
in attaining
Section 1
Ms Lorna Q. Israel
18 December 2008
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Introduction
The advancement of technology and communication era, the world is being called a global
village. Due to the shrinking, every nation all over the world becomes interdependent for its
economic development. If the eastern part of the world suffers, there is a potential which can
indirectly affect the western. Therefore, I obviously see that economic development plays a
significant role in a global community to have a better life. However, I still have doubt whether
economics development should be considered as a main character or not. Therefore, I choose two
authors who are Michael Todaro and Richard Peet to ease my skeptical.
contrasting among different nation particular the developing and developed countries. Moreover,
they emphasized that economic development is fundamental not only in a country but also all
over the world. However, the differences are Todaro presented things by figuring and tabling with
respective data which covered all over the world, while Peet convinced readers with economic
theories which were created by famous world respectable economists such as Adam Smith, John
Maynard Keynes and so forth. Moreover, Peet mostly focused on United States and Latin
Both writers’ writing styles are totally different. While Michael Todaro’s writing is simple
and understandable, Pett is very complicated and much technical term. In my opinion, they did
not come up with their own interpretations and arguments. They were preferable to use data from
the reliable sources which had been done by others and arguments from one economist to
another. I feel they are passionate about what they have written as they exert enough effort to
convince their readers by providing as much as evidence as they can such as updated tables,
maps, and assorted economists’ theories. Furthermore, they not only simply provide me with
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explanation but also make me think beyond the reading such as what appropriate development
methods should be used in a particular area, how economics development can reach in third
world countries by 2015, how economics theories could apply in a specific situation, and why
Michael Todaro was Professor of Economics at New York University for eighteen years and
Senior Associate at the Population Council for thirty years. He lived and taught in Africa for six
years. He appears in Who's Who in Economics and Economists of the Twentieth Century. He is
also the author of eight books and more than fifty professional articles. (Amazon.com) Richard
Peet has a BSc (Economics) from the London School of Economics, an MA from the University
of British Columbia, and a Ph D from the University of California, Berkeley. His areas of interest
include: social and economic geography, political ecology, liberation ecology, development
theory, geography of consciousness and rationality, philosophy and social theory, iconography,
semiotics, and critical policy studies. (Peet, Richard. Ph.D., Academic Catalogue for 2008-2009)
on development. Before learning, I do not have any idea what development is. But, I think
environmental development are important because when a country develops, people usually do
not preserve their cultures. They lost their identities and were assimilated by the western
discoveries and invention are also followed. In consequence, it becomes from agriculture to
industrialized country. These improvement and enhancement changes give harmful result to
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environment, ecosystem and population. When I look at all, all specific areas of development are
essential. Therefore, development word puzzles in my head and I raise some questions: what the
meaning of development is as a whole and what the main is to be considered in the development.
Since start learning development in the class, these puzzles were solved by Richard Peet.
Because of his indications, I felt that I have a better understood what the development was and I
realized that economics development is being in a vital position. As Richard Peet defined:
Basically, development means improving the conditions of life. Basically, economics is knowledge
about the effective use of resources in producing the material basis of life. Therefore, development is
fundamentally an economic process, economics has an abiding interest in development, and all
In addition, Rosaria Ribeiro and Mildred Warner defined what economic development is. I
think this definition is more precise, concrete and understandable than the previous one. Then it
convinces me how economic development is incredibly vital to every single angle of our society.
Economic development is typically measured in terms of jobs and income, but it also includes
Business and economic developers in the US are increasingly recognizing the importance of quality of
life, which includes, environmental, and recreational amenities, as well as social infrastructure such as
According to Ribeiro and Warner, economic development is not only per capita but also the
well rounded development such as education, health, environment, and so forth. Hence,
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according to the two definitions, I did not have any doubt on my question because when I think
from the very basic, I realize that economic development should be considered as the important
one.
Individual Level
Let us think in a basic and simplest way from individual before going to the global
community. A person has high per capita. From this income, he can support his parents, have
health insurance, give qualified education to his children, buy luxury cars, purchase house, have
vacation in some famous places on the world, and so forth. Therefore, the result from now and
later is very much positive and satisfied: his children will graduate and have a lucrative job; when
he is sick, he can get medicine and treatment; he does not need to worry when he is retire because
he has house.
In contrast, let us compare to a person who do not have income a dollar per day with the
previous one. He can buy only two meals a day, cannot buy medicine because no extra money for
health, cannot attend school because without working he cannot buy food, cannot give education
to his children, and so forth. Finally, his future will be intertwining with terrified, problems or
trouble: he becomes a thief or murder because he has no money to spend for food; his children
are beggars because he cannot feed them; when he is sick, he has to die because no money to buy
medicine.
Peet defined that development is improving the condition of life, however, without high
income, it is impossible to improve the condition of life. Therefore, as Ribeiro and Warner
defined economic development is generally concerning job and income, I absolutely agree that
economic development should be considered in the significant role to have a better life.
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National Level
After discussing on individual, let us go to the farther step to the national level to see the
significant role of economic development by determining the level of corruption. High per capita
means high in economic development which is seen in western countries such as America,
England and Canada. When the country has high economic development, the government
supports and provides citizens sufficiently so that people do not usually see corruption in
developed countries. On the other hand, corruptions can be widely seen in developing countries
because the government is not rich enough to pay to office staffs. Regarding this issue, J.
It appears as if Western societies have less corruption. The rule of law seems to apply most of the
time. This is not to say that there are no scandals in every country, but they do not seem to be as
widespread as the network of bribery in the developing Asian countries. Japan ……..Moreover, the
richer countries can usually afford to pay public officials well. This alone will reduce the level of
While corruption is not popular in western economic developed countries, best education is
popular and accessible in those countries rather than the developing countries such as Thailand,
Indonesia, Malaysia and so forth. This is not amazing why the countries have best education
because they have wealth following with high economic development to create world educational
standard. According to academic ranking of world universities 2007, Top 10 world universities
Cambridge, and so forth. (Top 500 world universities (1-99)) As long as they possess world best
education, these countries have been enriching best knowledge. The more the countries enrich
best knowledge, the better the countries’ economic development is. Therefore, there is undeniable
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to say that economic development plays a significant role not only from individual but also in
nation.
Global Level
Geography) becomes a world. A world is look like a human body. If an eye is blind, the whole
body has to suffer. Likewise, if people in a country are not healthy and has many uneducated, it
hurts not only the country but also all over the world directly or indirectly. If eastern countries are
less developed then the western countries has to suffer too. Why? Because nowadays the world
becomes a global village, people from the west go to the east for investment, pleasure and so
forth. Similarly, people from the east go to the west but different purpose such as working and
migrating. From travelling, people exchange culture, friendship, things, disease, and so forth. To
be more precise, I would like to give example what Dowling and Valenzuela discussed:
AIDS has become a worldwide health problem since it became a health issue several decades ago.
Currently, HIV/AIDS has infected more than 34 million people worldwide and has resulted in 2.8
million fatalities.
Our earth shrinks with the spread of modern transport and communications, the futures of all peoples
on this small planet are becoming increasingly interdependent. What happens to the heath and
economic welfare of the poor rural family and many others in Southeast Asia, Africa, the Middle East,
or Latin America will in one way or another, directly or indirectly, affect the health and economic
welfare of families in Europe and North America, and vice versa. The steady loss of tropical forests
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By observing this, the things do not happen at a particular area. They are very much likely to
spread from human to human relationship and activities. So, if a country has high economic
development, it can find a way to lessen the problems by raising awareness or other practical
activities as it has sufficient national budget. On the hand, if a country has underdeveloped how it
can work out the problems without adequate national budget. As long as there is interdependence
among nations, problems cannot be solved alone by developed nations. Therefore, global
economic development should implement in the first place to go to have a better life. Otherwise,
Conclusion
I see the authors’ arguments and points lead logically to the next. For example, first, both of
them introduced what they are going to write very well. Next, they followed their introduction in
main portrait with respective topic that they have set. Then they have a helpful conclusion and
summary which covered all so that even though if I cannot get every specific meaning, the
Personally, I feel that Todaro’s and Pett’s absolutely answer the question that I raised because
both of them depicted the significant role of economic development in a global community with
different presentations. Todaro’s wrting is a case in point. In his writing, he mentioned the
inequality, poor health, and inadequate education; low levels of productivity; high rates of
and primary-product exports; prevalence of imperfect markets and limited information; and
become these characteristics, it has a root which is economic development. If a country has high
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economic development, these will be existence but much substantially lesser than
underdeveloped countries.
Next, Pett’s arguments also have strong points to answer my question. For instance, he
discussed:
During and immediately after World War II most Western government committed themselves to full
employment as a policy objective. The New Deal in the United States had mobilized governmental
resources to create employment during the Great Depression of the 1930s. President Roosevelt
proclaimed freedom from want everywhere in the world as one of four basic human freedoms. In
wartime Britain, two Beveridge reports advocated full employment and welfare services. …And
between 1945 and 1950 the United States under the Marshall Plan gave Western Europe $19 billion to
From his writing, I saw the U.S. government was using such big amount of money for
economic development purpose rather than social, health, educational development because
these all developments are under the economic development. Without being vital, nobody wants
to give such amount of cash to other countries. Therefore, Peet’s arguments totally guide me to
see how the economic development is crucial and I do agree with what he mentioned.
I think the authors fail to discuss about the negative consequences of economic development
such as climate change, air pollution, global warming and so forth. The left out the things that I
think are important to me because I think this is only the beginnings of books so they initiated
with the development term. Probably, they will discuss later in other chapters because these are
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All in all, Michale Todaro is the best author for me to answer my question because his
writing style is simple and understandable without boring. Moreover, he used the simple words
rather than technical jargons. Next, as I am a beginner leaner of development, his elaboration
makes me a simple thought based on his reading. The things that he wrote in the reading are also
References:
Peet, Richard and Elain Hatwick. (1999). Theories of Development. New York/London: the
Guilford Press.
Dowling, J. Malcolm and Valenzuela, Ma. Rebecca. (2004). Economic Development in Asia.
Singapore: Thomas Learning.
Ribeiro, Rosaria and Warner, Mildred. Ph.D. Terms used in this report, from Measuring the
Regional Importance of Early Care and Education: The Cornell Methodology Guide.
Available at
http://government.cce.cornell.edu/doc/html/MethodologyGuide_TermsUsed.htm,
Top 500 world universities (1-99), Academic Ranking of World Universities 2007, Available
16, 2008.
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About.com: Geography. The Numbers of Countries in the world. Available at
http://geography.about.com/cs/countries/a/numbercountries.htm, accessed on
http://www.amazon.com/Economic-Development-8th-Michael-Todaro/dp/0201770512,
18, 2008.
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