Authors: Qerim Qerimi; Bruno S. Sergi
Addresses: Faculty of Law, University of Prishtina, Prishtina 10000, Kosovo ' Department of Economics, Business and Environmental Science and Quantitative Methodologies, University of Messina, Via T. Cannizzaro, 278, 98122 Messina, Italy; Davis Center for Russian and Eurasian Studies, Harvard University, CGIS South Building, 1730 Cambridge Street, Cambridge, MA 02138, USA
Abstract: This article deals with the notions of 'development' and 'social development' and whether they fit the current world's core economic and social system, whereby a single term might have different meanings when applied to different contexts. In fact, the basic concepts surrounding these themes are not free of contestation and controversy. The wide range of ideas, thoughts and theories on the development concept are not a mere semantic product, going far beyond the feature of stability of the text or objectivity of language, which may be described by mere human imperfection and the inability to use a coherently and undisputed statement or system of thought. Starting from the dominant paradigms in the field of development, i.e., the modernisation theory and the dependency theory, a detailed discussion is offered to understand and put the emphasis on social and development under a changing global economic and social context.
Keywords: economic development; social development; global affairs; development theories; World Bank; United Nations Development Program; UNDP; modernisation theory; dependency theory.
International Journal of Business and Globalisation, 2015 Vol.14 No.4, pp.383 - 407
Received: 16 Aug 2014
Accepted: 24 Sep 2014
Published online: 17 May 2015 *