The MSP paradigm emerged in response to the failure of both the structural (that over-emphasize the role of government in facilitating development process) and the neo-classical or neo-liberal theories of development (that negate the role of the government and regard free market economy as the key to economic development) to effectively address the complexities of development.
The MSP paradigm emerged in response to the failure of both the structural (that over-emphasize the role of government in facilitating development process) and the neo-classical or neo-liberal theories of development (that negate the role of the government and regard free market economy as the key to economic development) to effectively address the complexities of development.