ABSTRACT

Comparative Administration, ostensibly, has been respectful of "formative context" – organizational arrangements and cognitive frames that shape the routines of organizational actors and govern the intervention of alternative forms of problem solving. The topic of crisis management did not take long to emerge so far as the development theorists were concerned. Deutsch's work proved to be especially prescient in this regard. The development of specific communications "technologies" followed the original mundane economic pursuits of developing plantations, ocean fishing, entrepot commerce and, most recently, financial services. The triangular-basis of trade concerns what economists sometimes call "tangibles". The chapter considers more closely the trading of "intangibles": the changing roles of management consultants, accounting firms, think tanks. Liberalized financial markets are unlikely to lead to allocative efficiency within an economy and, furthermore, may prove particularly inadequate at promoting long-term development strategies or dynamic efficiency.