Towards an Alternative Development Model in Suriname

Date
Jul 2002
This study advocates the adoption of an alternative development model in Suriname. Suriname adopted a state-centered and inward-looking development model in the early 1980s, although elements of the model had been present long before that time. Chapter II discusses nine major elements of that development model and their implications for policymaking. Chapter III reviews the performance and consequences of this 'old' development model and argues that it led Suriname astray and served the country badly. The misguided policies inspired by the 'old' development model have had damaging consequences for Suriname's development. Over the last two decades, economic growth has been minimal and living standards have stagnated. Poverty has persisted and probably worsened.