The dominant model of economic development, raising incomes and alleviating poverty, is predicated on a technocratic, formulaic fantasy. The illusion of the so-called economic development experts is that low levels of human development are solely a technical problem that is amenable to technical solutions. According to Prof William Easterly, the inherent paradigm of development is that of well-intentioned autocrats who are beholden to technical experts. Organic fertilisers and quality seeds alone are insufficient to deliver food, nutritional and income security. Equally important is the capacity of the state to provide enabling and responsive public policy.

Source: The Star May 11, 2021 00:56 UTC