POL201Y1 Lecture Notes - Tsmc, Neoliberalism, Four Asian Tigers
Document Summary
For countries, the core of the process of becoming wealthy is development. A developed country is always wealthier than an undeveloped country. Progress is improvement people"s lives are improved through development. We are thinking of humans not as a species, but as individuals. Infant mortality rate and literacy are examples of human development. Equitable development examines the distributive consequences of development. Economies may grow 10% a year, but if households are not earning more money from this growth, it is not helpful for people. Income is the actual salary a person takes home. Gender one of the clearest markers of structured equality in society. Capacity: the capacity of a country to upgrade and develop. Sustainable development is development that occurs over the long term. Political development concerns democracy, human rights, and the rule of law. Political development is the pinnacle of development. As countries move from being agricultural to becoming industrial, they become more interested in politics and equality.
