DEVS 100 Lecture Notes - Lecture 8: Neoliberalism, Tied Aid, Keynesian Economics

• School: Queen's University
• Department: Global Development Studies
• Course: DEVS 100
• Professor: David A Mc Donald

Document Summary

Devs 100: week 5 lecture 2: thursday october 12, 2017. : voluntary transfer of resources from one country to another. Flows to countries and multilateral institutions which include: Provided by official agencies, includes state and local gov"ts. Promotion of the economic development and welfare of developing countries. Concessional in character, conveys a grant element of at least 25 per cent. Developing policies social, economic, political (trade regimes, education policies) Working with host gov"ts (all levels of the state) improving existing institutions (accounting and reporting systems, etc) Relieve poverty (morally correct thing to do) Good for home economy (creates consumers/trade, access to resources, tied aid, less threat of international instability) Often driven by former colonial ties (france in west africa, spain in latin america) Geopolitical interests (cold war, rise of china) Diplomatic maneuvering (winning points in the international community) Domestic policies (aid fatigue, anti-immigrant, anti-bureaucratic, poverty at home)