Abstract
The Less Developed Countries (LW s), even after having achieved political sovereignty, are still economically dependeni on More Developed Countries (MDCs). The nature of such a development can be conceived from the following_ Out of total world resources all to Research and Development (R D), about 98 percent are devoted to develop technologies primarily to be used in MD Cs. The rernair!ing, only two percent, of (hese resources are used to develop technologies directly relevant to the needs of the LDCs. The LDCs have to import technologies from 1V1DCs to accelerate • theft social and economic development The imported technology, being highly expensive, has not only drained the financial resources of the LO %, but also failed to produce the expected resuits in terms of employment for surplus labour in the rural and informal urban sectors of these countries.
A.Rauf Butt. (2004) Choice of Technology and Pattern of Development in Less Developed Countries , Journal of Research ( Humanities), Vol XL, Issue 2.
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