Economic Development and the Quality of Life: A Structural Analysis of the Modernizer’s Dilemma


Management & Entrepreneurship

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Problems of Third World modernization have intruded once again into public consciousness and debate with the Reagan administrations's vocal concern about the alleged role of Soviet subverstion in poor countries. Although a heightened American military posture is unlikely to mitigate instability in the Third World or to deter the Soviets from exploiting such instability in pursuit of their own national interests, the Reagan administration does not consider economic aid as an effective mechanism for promoting modernization.