Please use this identifier to cite or link to this item: https://doi.org/10.1080/01446190210159827
Title: Construction and economic development in selected LDCs: Past, present and future
Authors: Tan, W. 
Keywords: Construction and economic development
Institutions
Political economy
Structure
Issue Date: 2002
Source: Tan, W. (2002). Construction and economic development in selected LDCs: Past, present and future. Construction Management and Economics 20 (7) : 593-599. ScholarBank@NUS Repository. https://doi.org/10.1080/01446190210159827
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.
Source Title: Construction Management and Economics
URI: http://scholarbank.nus.edu.sg/handle/10635/45606
ISSN: 01446193
DOI: 10.1080/01446190210159827
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