This paper addresses these very contradictory perspectives/trends in the economic development programmes merging up the rich and poor countries of the world to-day as a global village. The development trends of the developed world appear to be top-down managed. Compared to the trends in the developing world where the rural community dominates, the development plans and strategy are down-top approach to development at times described by the developed countries as being traditional and backward. The paper does not criticize globalization as being bad, but examines the allegations from both sides to pave ways for new solution in development of the third world.

The paper does not criticize globalization as being bad, but examines the allegations from both sides to pave ways for new solution in development of the third world.