POLI 205 Lecture Notes - Lecture 3: Liberal Democracy, Bourgeoisie, Import Substitution Industrialization
Document Summary
There is a tremendous gap in development between the developed countries of the north and the developing countries of the south. 2. 5 billion people earn less than 2$ per day. Every year, the united nation development program (undp) produces a human. The hdi includes life expectancy index, an education index, and a gross national income. Countries are ranked on these indices, as well as on the composite hdi index. Top ten hdi (2014): norway, australia, switzerland, denmark, the netherlands. 6: united states, canada and new zealand. Hdi bottom ten (2014): mali, mozambique, sierra leone, guinea, burkina faso, burundi, chad, eritrea, central african republic, niger. The north-south gap in development has been explained by competing theories: modernization theory, dependency theory. Recommends that the southern states should industrialize and maximize their economic growth, as the northern states have done. Southern states should invest their money in capital accumulation (i. e. , building factories and infrastructure).