Problem: Which of the classical theories of development economics fit the (1) Philippine context and state right now, and (2) which theory can best apply in developing the country? -ADAM SMITH and his Specialization (wealth of nation), QUESNAY's Tableu Economique, KARL MARX's Capitalism and Social Disarticulation, HIRSCHMAN's Strategy of Economic Development, ROSTEIN-RODAN's Big Push Theory, ROSTOW's Take-off, and/or SCHUMPTER's Theory of Economic Development