The development compact

Chakrabarti, Milindo (2022) The development compact. In: Handbook on the Politics of International Development. Edward Elgar Publishing Ltd., Cheltenham, pp. 197-216. ISBN 9781839101908

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Development Compact is an analytical structure that provides operational guidance to India's development cooperation in the spirit of South-South Cooperation (SSC). Veering away from the extant belief that growth is a sufficient condition for development, this paper argues that development calls for support beyond flow of financial resources alone, to other complementary resources like human capital development, sharing of technology, humanitarian assistance and trade facilitation. Beginning with an elaboration of the conceptual framework, the paper looks into the empirics of India's development cooperation efforts in terms of multiple modalities that are considered necessary to facilitate development. It is argued that the spirit of SSC in general and that of "Development Compact" in particular, could capture the fundamental niceties of development economics from an operational perspective and have been practicing them well before the analytical frameworks were developed and put to practice with considerable success.

Item Type: Book Section
Subjects: Social Sciences and humanities > Social Sciences > Social Sciences (General)
JGU School/Centre: Jindal School of Government and Public Policy
Depositing User: Amees Mohammad
Date Deposited: 20 Jul 2023 04:30
Last Modified: 20 Jul 2023 04:30
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