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Accumulation, Efficiency, Equity and Basic Human Needs

In: The Relevance of Economic Theories

Author

Listed:
  • Reginald Herbold Green

    (University of Sussex)

Abstract

Basic Human Needs (BHN) as a concept was not invented in a vacuum by the technical paper preparers and consultants for the ILO’s World Employment Conference,1 even though it was the first occasion on which that concept was discussed under that title in a major forum. Like any other concept it represents both existing elements, reordered in a new pattern, and also newer ones. The strands influencing the emergence of the concept in 1975 included:2 (1) The Indian (e.g. K. N. Raj, B. Minhas) basic and minimum needs work of the 1960s, including the studies of differences in their attainment not directly correlated to average productive forces and the attempts to design state action packages to enable communities to meet these needs as a central aspect in development strategy as embodied in the draft (albeit much less in the final) version of the Fifth Plan, plus related South Asian studies (e.g. those of K. Griffin). (2) The attempt to articulate a socialist economic and pricing calculus more relevant to a socialist society’s aims (associated with Kalecki and I. Sachs). (3) The ‘mass needs’ debate, particularly in its Mahgrebian-Egyptian aspects centred on examining the limits of socio-economic reconstruction under Nasser and those imposed by the initial heavy-industrycentred Algerian strategy.

Suggested Citation

  • Reginald Herbold Green, 1980. "Accumulation, Efficiency, Equity and Basic Human Needs," International Economic Association Series, in: Jozef Pajestka & C. H. Feinstein (ed.), The Relevance of Economic Theories, chapter 7, pages 88-116, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-16443-1_7
    DOI: 10.1007/978-1-349-16443-1_7
    as

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