POLB90 – Tuesday September 14, 2010 - Lecture 1
What is “Development”?
Progress in economics/politics
Improving quality of life
o How do we measure it?
Development Index: UN
o What part of the worlds had earliest forms of “development”?
London industrialization period
At one point or another exery country has been through a point of development
Mayan, Aztec, Egyptian civilizations
Government: Greeks, Romans, Turkey empire, India, China
o Who has it now?
Western Europe, North America
China, India and Brazil are very rapidly emerging markets known today
Japan (“global north”)
o The standard intro to Development Studies textbooks
Speech given by Harriet Truman, President of USA, is where development is
noted to have began.
Division of labour? Why wasn’t that mentioned?
Adam Smith’s notes
How do we identify the rise of capitalism?
The “Old World”
o Long distance land and sea routes fostered cultural/commercial exchanges
o A form of globalization before Columbus crossed to the New World
o Ottoman Empire
o Atlantic world was discovered in the 15 , contours of the world shifted dramatically
Slave trade – can be looked at processes of under development
“Improvement” in 18 Century England
o Holland was successful because it had wide doors to immigration
o “improvement” was a word used by political economists (Adam Smith etc)
o Definition: you have matter/substance, and add processes of human labour such as
mental and physical labour (observation w