INTD 2002 Lecture Notes - Lecture 1: Doha Development Round, Amartya Sen, Most Favoured Nation

• School: Dalhousie University
• Department: International Develop Studies
• Course: INTD 2002
• Professor: Mannathukkaren

Document Summary

Sen shows that even in a state of famine, politics and economics matter more than the complete absence food. He shows that by creating comfortable conditions (e. g. employment) famine can be avoided. Realize this: few of us grow our own food. Feeding a hungry planet is more to do with trade issues than actual caloric intake. De-regulation in the thatcher/reagan years led to: recession & unemployment. Private sector economic growth with some government control. While neoliberalism rose in the 1980s, globalization combined with the economic doctrine in the 1990s. Post-soviet interpretation of globalization as a mostly economic phenomenon. The assumption: markets and consumerist principles are universally applicable to all regardless of their social context. The assumption: to assure people that single global market will lift entire regions out of poverty. To soft power (in uence through economic forces. Trade was seen as the prime vehicle for his foreign policy.