INTS 1500 Study Guide - Midterm Guide: Washington Consensus, Water Security, Tied Aid
2 Feb 2017
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Definitions: development defined in terms of economic growth, after post-war period. Major developments: from national to int(cid:495)l. Chomsky (cid:498)neoliberalism and the new world order (cid:523)bb(cid:524) Washington consensus gov(cid:495)t out of the way: liberalize trade and finance, let markets set price, end inflation, privatize. Neoliberalism (krugman: knowledge on econ development is limited, conclusions with little basis, conventional wisdom is unstable, economic development ideas usually bad and don(cid:495)t reach goals, bad ideas flourish because in the hands of powerful people. How countries develop: countries that escaped european colonization are developed. By radically violating approved free market doctrine. Nature of land and power in body of politics in africa and india. India: one of the fastest growing economies, largest number of hungry people, land being diverted for mining, car companies/highways, luxury crops for the rich. Macewan - (cid:498)structural adjustment, (ere and there(cid:499) rwg (cid:523)(cid:883)(cid:884)(cid:885)-131)
