GINS 1100 Lecture Notes - International Financial Institutions, Neoliberalism, Conditionality

• School: Carleton University
• Department: Global and International Studies
• Course: GINS 1100

Document Summary

Reduce state size and functions, empowering markets and society. Governance is the summary of unique thought. there is only one way to see something. Making the state smaller isn"t enough, the state should also be held accountable too. Capitalism no longer had to compete with socialism. Governance is the manner in which power is exercised to manage a country"s economy and social resources. Neoliberalism has called to light the intense negative effects of corruption. It is usually provided from abroad to developing countries. Aid is usually provided by developed countries in the west e. g usa however there are now some developing countries that act as donors as well e. g. china. Foreign aid refers to all funds, including private ones. Overseas development assistance refers only to of cial funds that have a grant element. Most funds given by donor countries are not oda"s as they are not grant/or given, rather they lent with/or without interest.