LAWS 3604 Lecture Notes - Lecture 7: Participatory Development, Structural Adjustment, Good Governance

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7: world banks relationships were very prominent at this time. Infrastructure building: where the world bank would come in to give loans to build a state(cid:859)s i(cid:374)frastru(cid:272)ture, state enterprises, state should lead the way in creating enterprises and be a pioneer in a field. Import substitution idea is reducing imports and build your own industries so you do(cid:374)(cid:859)t rely o(cid:374) i(cid:373)ports. 1970s rethinking economic development, inclusion of social development objectives. Agriculture and rural development projects (textbook) e. g. green revolution to enhance food production capacity. Focused on human basic needs such as food, healthcare, shelter, employment. 2: where we see the rise and influence of neo-liberal ideology, washington consensus, set of de(cid:448)elop(cid:373)e(cid:374)t ideologies that sho(cid:449) the state(cid:859)s preferences regarding development. Liberalization is a key aspect of the consensus, as is privatization. 1990s adjustment to market-led development and alternative approaches. Key pillars health, education, democratic governance, and equitable economic growth (therien, 2012) Human development: last 30 years and next 30 years.

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