Compare and contrast David Landes and Andre Gunder Frank’s explanations of economic development and underdevelopment Essay Example for Free

Compare and contrast David Landes and Andre Gunder opens explanations of economic maturation and underdevelopment EssayPrompt Compare and contrast David Landes and Andre Gunder Franks explanations of economic development and underdevelopment. How do these authors explain the development of Japan in the 19th century?This paper will analyze the arguments on development and underdevelopment from the point of view of David Landes and Andre Gunder Frank. At the very beginning of Franks essay, he clarifies three characteristics of countries, developed, underdeveloped and undeveloped. Meaning of developed country is obvious plainly Frank states that there are misconceptions about the different two terms. Undeveloped basically refers to countries that is not yet start developing or did not wield to develop whereas underdeveloped means not completely developed but still developing.Some of underdeveloped countries are dealing with the issue of disparities in income and pagan differe nces among the society. This situation leads to existence of social classes and this is called dual society. Main reason of this problem is while the capitalists are growing economically, the other part remains spaced thus they are less developed.According to Frank, Japan grew rapidly after the Meiji Restoration. Industrialization period was very successful in Japan even though they do not have adequate resource. Reason of this growth is Japan is not satellized during the Tokugawa and Meiji period. As a result development of Japan was greater than other satellized countries such as Russia and South American countries. On the other hand David Landes suggested some ideas that caused Japanese development. Landes thinks that society plays an important role on development. They were highly cause to work for their country and they believed that their country would develop such as European countries. Thus they inspired by their success and carried themselves country to the same level.