I just read an interesting blog post from Lawrence Haddad writing about "development" in connection to so called "developing countries". I mentioned this very briefly in my Picking ideas blog post, but if you are interested Lawrence deals with this in much greater detail. An other very nice point is (as also mentioned in the discussion part) that Lawrence also lists some action points to be taken in order to concentrate on global instead of local development.
The link to the post is:
Development Horizons from Lawrence Haddad: Development N,S,E & W