POL 4178 Lecture Notes - Bretton Woods System, Marshall Plan, General Agreement On Tariffs And Trade
Document Summary
It was expected to be a series of projects funded by the imf, wb and the gatt. An international linkage was the capital needed for industrialization. Exports of the food sources started to be manufactured by the developped countries towards th developping countries. The effect of this agrarian reform and the effects of this on the creation of a large urban population in the developing world. We have a large quantity of cheap food of labour that is on low-wages in the context of free-trade and more capital spending. The marshall plan legitimized the use of development. Marshall plan was also used as deterring individuals from going towards communism and the ussr. It let those countries know usa and the capitalist system would be there for them. They showed two sides of the development project: they display the success of the development project with economic growth.