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Write 5 pages thesis on the topic western stage theories of development. Different European leaders through economists and philosophers further reinvented western ‘development thinking’ by adequately
Write 5 pages thesis on the topic western stage theories of development. Different European leaders through economists and philosophers further reinvented western ‘development thinking’ by adequately developing concepts of developed, developing, and non-developed nations of the world as well as First World, Second World, and Third Nations. By doing so they developed adequate theories that revealed the progress of the economic development of nations of the world. This was further influenced by other prevailing political and economical factors of the world in the 18th and 19th centuries ((Knutsson 8-9). There rose new world’s superpowers. the USA and Russian Soviet Union which readily divided the world into two separate economic systems and also enhanced political influence whereby each of the superpowers was seeking followers to strengthen their political ideologies.
Nevertheless, after even facing competition from the Soviet Union, America embarked on the reconstruction of Europe with the elimination of poverty and decrease in security threats in the front line as the major enemies towards economic development on one side and industrialization as the biggest contributor of economic growth and development on the other. Throughout the 19th century, Europe had made quite bold steps in both economic growth and development, and other nations of the world were left to catch up with their pace. According to the different models by the different scholars revealed that the European nations were now amongst the developed nations of the world. The nations of Europe had come up with international organizations such as the World Bank that would aid in grants to different states of the world to facilitate economic development. It is from these development phases witnessed in Europe during the 18th and 19th centuries that different scholars came up with the different stages of classifying nations of the world hence the evolution of the western stage theories of development.
