POLB81H3 Lecture Notes - Debt Relief, Human Capital, Millennium Development Goals

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Document Summary

World bank sees role as consultant anne lowery. This is an instance of institutionalism , where expert are giving advice to countries; Hegemonism : capitalism/ western power ( its not any kind of advise , offering advice about how to better function in the global economy. World banks mandate , and the role it think it should play ( more generalized economic and financial advice) Middle income countries are protected , they are still going to play the role of thunder, but it is going to be less of a role because of globalization; the flow of capital. There is going to be continuity in terms of the world bank seeing itself as an expert. How these perspectives would define these problems : poverty and development. Millennium development goals by 2015 eliminate severe poverty. Institutionalism : more structural adjustments, opening their markets.

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