APA 3118 Lecture Notes - Lecture 3: Tied Aid, Import Substitution Industrialization, Bretton Woods Conference
12 Jan 2016
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Document Summary
Incorporates the investment in nation-states and corporations from the developed world to the developing world economies and governments. Development implies increasing living standards and wellbeing for all humans. Can be considered a process of social change. It encompasses issues such as poverty, health, education, gender equality, foreign aid, economics, and the environment. Gdp (gross domestic product) economic figure to compare countries" wealth (economic output only) Hdi (human development index) includes data on health and education, measures a quality of life (very specific, ex: maternal health) Developed and developing world, global north and global south. The major players: nation-states, government development agencies, non-governmental organizations (ngos, multilateral organizations, ex: brazil, canadian international development agency. Birth of the world bank and international monetary fund. Beginning in 1944: bretton woods conference to redesign the post. Development of the cold war era (1945-1990) strategic aid for political purposes. Nation state conflict, 2 world powers emerging, arms race, Free themselves of dependence on commodity exports.
