FINANCIAL CRISIS(1).docx

6 Pages
148 Views
Unlock Document

Department
Political Science
Course
POLB81H3
Professor
M.Hoffmann- Universityof Toronto
Semester
Winter

Description
2/4/2013 9:09:00 AM WORLD BANK SEES ROLE AS CONSULTANT ANNE LOWERY Of what is this an instance ? - 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 - How is a development a problem to feminism : long-term institutionalized, subjugation of women ; women are forced to carry children that they cannot provide for (gender discrimination leads to poverty) - Gender equality hampers us to poverty , produced unequal access to education , access to credit is unequal and discriminatory ; not brining full potential of population - Hegemonism : exploitation + transformation - Control of production , commodity , dependence , impossible to get out of this - Structurally set up to advantage some and disadvantage others; - Set up to help the capital owning classes - If your in the periphery , It is hard to get out of it. Institutionalism : - bad government - failed states lack of resources - lack of knowledge - problem of making better states ; - Intitutionalsim : creating of IO is to make better states, to enhance soverienghty of states; - How you understand a problem is in which way you would attack the particular problem ; - - Trying to understand some conventional solutions , take insttuonaistm because of WORLD BANK ; - CRITIQUES with the WORLD BANK - How it is a way out, but what are the disadvantages from any one of these - Encourage Low wage industries: get investment in the country , take advantages in your comparative advantage as in low wage so you get moving as a commodity producer and getting into the industrialized economy, any job is better than no job , moving from one dollar to two dollars a day. If you start with low-wage, get more investment and get higher wages. Lead to higher capital ; CHINA , TAIWAN , JAPAN , able to grow there way int
More Less

Related notes for POLB81H3

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit