POLSCI 1AB3 Lecture 3: Political Science 1AB3 2017 Lecture 3 Full
22 Mar 2017
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Political science 1ab3 2017 lecture 3a development and underdevelopment. The world"s richest and poorest states are divided by a significant gap in per capita income. Close to 800 million people live on less than . 90/day (2013) Official development assistance from oecd states: 0. 51% of gni in. 1960; 0. 30% of gni in 2015: pearson commission 1969 recommends 0. 7% Poor states are not a homogeneous bloc. Less developed countries have been more/less successful at developing economically. Some have stagnated or even declined economically (parts of sub- Newly industrialized economies (south korea, taiwan, china) To understand the issue, we must look at history, theory and, policy. However, while formal colonialism might have ended, the new states were not facing the developed states as economic equals. The international economic system was characterized by a division of labour between states. Less developed states largely produced agricultural goods and raw materials.
