POLB80H3 Lecture Notes - Lecture 9: International Political Economy, Problem Solving, Washington Consensus
2 Sep 2016
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POLB80- Lecture 8- International Political Economy
hat is development?
• Humanitarianism→ short term provision of basic needs for human survival (water, food,
emergency medicine, food, clothing, shelter)
o Temporary relief
o Problem solving approach
• Development affects structures
o Long term
o Policies
• development (lower case d)→ improved human wellbeing (economic, social and
political)
• Development (upper case D)→ specific project of expanding U.S. led sphere of liberal,
market based democracy
o Expand capitalist control
o Control surplus populations
o Embedded liberalism
• Contemporary development→ post 1945
o Cold war superpower rivalry
▪ USA and Soviet Union was only in power and they were trying to get
support of proxy nations
o Decolonization of European empires
▪ India and Israel were first
o Globalization is linked to development
▪ Mitigate local affects
▪ Globalization is not equally distributed
▪ Development helps poor country’s benefit
Critiques of Development
• Led to dependency of under developed or developing states
• Economic measurements do not fully help understand development
o Orthodox and mainstream vs alternative notions of development
Tutorial
• Embedded liberalism
o Gave more power to the global north
• Washington consensus→ neo liberalism
• Development vs humanitarian
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