ABSTRACT
The projects created have much more value than the cost of workers’ pay, although the workers receive a living wage. The surplus value can then be used as a form of savings for capital investment. The interactions in Africa and Latin America resulted in an emphasis on the need for various aspects of technological development. Developing countries, however, operate too close to the borderline of chaos, as regards their available resources, to be able to afford serious mistakes. There is a need to encourage innovative ideas relevant to more effective, efficient and equitable development. The experiences of the author in China resulted in an emphasis on the need for more appropriate political institutions. While in China, and especially in the Philippines afterwards, the emphasis partly shifted to a need to think more in terms of arriving at super-optimum solutions to public policy problems.
