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3. Methodology and Theoretical Framework

  • 2025
  • OriginalPaper
  • Chapter
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Abstract

This chapter delves into the intricate relationship between power dynamics and economic development, offering a comprehensive analysis of how power influences institutions, policies, and economic outcomes. It explores various theories, including Power Theory, Institutional Economics, Political Economy, and Dependency Theory, to provide a nuanced understanding of development challenges. The text highlights the role of international organisations in shaping development agendas, discussing both successes and failures. It also examines the impact of institutional reforms on economic growth, with case studies from countries like Botswana, South Africa, and the Democratic Republic of Congo. The chapter concludes by advocating for context-specific, inclusive, and sustainable approaches to development, emphasising the importance of local ownership and governance reforms. Readers will gain insights into how power dynamics shape economic strategies, institutional evolution, and policy outcomes, and learn about the implications of these theories for governance, policymaking, and sustainable development.

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Title
Methodology and Theoretical Framework
Author
Patrice Kandolo Kabeya
Copyright Year
2025
DOI
https://doi.org/10.1007/978-3-032-07926-8_3
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