FROM DEVELOPMENT ECONOMY TO KNOWLEDGE ECONOMY: A QUALITATIVE LEAP? – AJHSSR

FROM DEVELOPMENT ECONOMY TO KNOWLEDGE ECONOMY: A QUALITATIVE LEAP?

FROM DEVELOPMENT ECONOMY TO KNOWLEDGE ECONOMY: A QUALITATIVE LEAP?

ABSTRACT: Facing the dynamics of the development economy, which refers to a survival situation of thestates in permanent risk of failure, and facing the fashion of the knowledge economy, that expresses theplacement of knowledge and innovation at the heart of the process of wealth creation, African countries shouldmake a choice. In comparison with that one, which subjects the so-called underdeveloped countries to thepsychological complex of Stockholm, it seems a qualitative leap as it engages them in the wake of competitiveproductivism. we think beyond the guarantees made to the African appropriation of this “new paradigm” that itseems a qualitative leap, under the condition of a revival of this forgotten discipline in the globalized economythat is the political economy.

Keywords: Development, Development economy, Knowledge economy, Political economy.