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Evolution of Views on Factors of Economic Development: Theories of Development «From Below»

Pelekh Oksana B.

Анотація

The article is aimed at analyzing how the factors of development of both conception and theory of economic development are considered. The classification that is popular among foreign scholars distinguishes such theoretical conceptions as: theories of development «from above», theories of development «from below», and new theories. The author concentrates on the group of theories, which scholars call «theories of development from above». These theories characterize the universal socio-economic mechanisms of development (neoclassical basic models), explain development as a nonlinear process which is understood as an aggregate of phases (phase models), describe tendencies of differentiation and polarization of economic activity in the socio-economic space (polarization theories).

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