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Examine the applicability and significance of Rostov's model in the contemporary times.

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Category: Optional,

Test Date: 24 Jul 2024

Model Answer

Approach:
1. Introduce with Rostov's model of development with various stages
2. Applicability of model in understanding the Growth of Developing and Developed Countries
3. Examine its relevance and application in Contemporary Times including criticism like
i. linear progression of development (deviation)
ii. Eurocentric bias (since inception)
iii. Oversimplification of complex socio-economic dynamics (Also seen now)
iv. Countries struggling in stage 3 and Stage 4
(Provide case studies of South Africa, South Korea, India)

4. Conclusion - modification needed like non-linear development paths, addressing global challenges, etc. for contemporary applications.
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