Tan, W (2002) Construction and economic development in selected LDCs: Past, present and future. Construction Management and Economics, 20(7), pp. 593-599. ISSN 01446193
Abstract
This paper critically examines the changing relations between construction and economic development in selected less developed countries (LDCs) in the light of new development dynamics. Historically, the relationship was seen in Keynesian terms. By the 1980s, attention turned towards structuralist and political economy explanations amid a neoclassical revival towards structural adjustments and 'market friendly' reforms. Current explanations tend to focus on property rights and building institutional capabilities. The strengths and weaknesses of current explanations provide future directions for research.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | construction and economic development; institutions; political economy; structure |
| Index terms: | economic development, political economy, property rights, developed country, dynamics |
| Subjects: | economic development, economic and policy analysis, systems engineering, development economics, real estate economics |
| Topics: | Sustainability, Urban Studies, International Construction, Engineering Principles, Research Practice |
| Descriptive scope: | 1 C |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here