S.Rengasamy. Madurai Institute of Social SciencesRegional Planning & Development Part III Strategies for Balanced Regional Development
Strategies for Balanced Regional Development
Most of the countries of the world are faced with the problem of regional imbalances andregional inequalities. But it assumes a more acute and explosive form in the developingcountries. The problem is assumed such a magnitude that their very political andeconomic stability is threatened. Rivalry and the search for maximal profits (including political advantage) engender the unevenness (disproportionately).The primary causes of regional imbalance can be located in the region making processitself. i.e. geographic and physiographic characteristics, history and cultural experience.But there are much deeper causes as Lenin discovered,
“The law of unequal economicand political development under capitalism as a universal law characteristic of allstages of capitalist development and embracing all parts of the world capitalisteconomy”.
Whatever may be the causes, if marked differences in economic prosperity of different regions persists overtime, political discontent is bound to emerge sooner or later.2)
The problem becomes further complicated when economic disparities amongregions overlap with differences in race, religion, language or culture of the peopleliving in different regions.3)
Regional inequalities exist not only in the form of income or output levels amongregions, but also in other forms such as unequal access of the people of differentregions to economic and social services, employment opportunities or political power.1)
Jharkand, Darjeeling, Rayalaseena, Telangana issues
eg. North Eastern Part of our country, Cauvery issue.3)
eg. Intra regional disparities existing in several states regarding industrialestablishment, health services some regions are more represented in the cabinet.
1. Classical Economist’s View:
The Classical economists hardly evince any interestin the spatial dimension of economic development.They believed that factor flows/ market forceswould bring equilibrium automatically. Theyargued that wage and income levels among regionswould not last long. They further argued that labor would flow from (migration) low wage region to high wage region, While capital willflow in the reverse direction (i.e., from high wage region to low wage regions).Classicalists view failed, and many economists started questioning the “Self Equilibrating Model” of the classical economists.1.
Classical Economist’s view2.