POLSCI 1AA3 Lecture Notes - Lecture 3: International Monetary Fund, New International Economic Order, Debt Relief
1 Mar 2017
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Close to 800 million people live on less than . 90/day (2013) Official development assistance from oecd states: 0. 51% of gni in 1960; 0. 30% of gni in 2015": pearson commission 1969 recommends 0. 7% of gross national income, foreign aid, some of the richest countries are providing less. Poor states are not a homogeneous bloc. Less developed countries have been more/less successful at developing economically. Some have stagnated or even declined economically (parts of sub-saharan. Newly industrialized economies (south korea, taiwan, china) History: independence: the end of colonialism, the beginning of neo-colonialism, changing geopolitical of power after ww2, ability to hold onto their countries was hard. !1: when the newly independent states looked at the economy, it was. Monday, january 23, 2017 characterized by inequality: a continuing inequality in, international economic structure. * as incomes go up, demand for raw materials goes up and then flatlines. To understand the issue, we must look at history, theory and, policy.
