Development depends on successfully linking a country’s historical patterns of social organisation with opportunities made available by global markets.’ Discuss.

Answer: Hint/Instructions:

1. Path Dependence Theory – By Douglas North and Paul Pierson According to this theory, the best way to integrate an external opportunity with the local context is by understanding the situation in a nation by investigating its past and the remnant structures and behaviours present. This can be done by visualising the origins of the historically grown habits and customs that regulate ordinary life in terms of traditions, culture, norms, laws etc.
   Stability of structures and institutions are a consequence of the acceptance and relevance of the values and systems they promote. These institutions become ‘self-reinforcing’ based on their positive outcomes for that particular society.
2. Riggasian model of differentiation and integration Needing appropriate structures present in a society (differentiated structures) to accept an
   externally deposed opportunity(integration) which otherwise may lead to ‘dystopia’.
   Eg.: Glocalisation, Neolocalism, Indigeneous model of development (NITI Aayog, PRIs, Schedule V and Schedule VI Areas).

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