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POL101Y1 (1,148)
Lecture

Dependent Development

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Department
Political Science
Course
POL101Y1
Professor
Jeffrey Kopstein
Semester
Winter

Description
Feb 7 Dependent Development What is development? - Human development - Equitable development o Interested in the redistributive aspects of development o Life chances? (e.g. infant mortality) - Capacity o Having the skillseducationexperience in order to continually develop - Sustainable development o Sustaining over the long-term (socioeconomic development); environmental concerns - Political development o Democratic reform is seen to be political development (in Western perspective) - Focus on aggregate economic growth - How to explain? A Theoretical Conversation: (I) the cosmopolitical view - Under a system of perfectly free commerce, each country naturally devotes its capital and labour to such employments as are most beneficial to each o Individual advantage (i.e. supply and demand); invisible hand o Leads to the creation of specializationefficiency o Lead to global productivity and peace o Positive sum view (everyone will benefit) (II) The mercantilist view - Argues that free trade benefits the hegemon, not everyone - Negative sum (some nations will benefit in the expense of others); disproportionately benefits the hegemon - Requires the visible hand of government to create comparative advantage in order to compete with the hegemon o Efforts by governments to develop their own countries (i.e. tariffs, manipulation of www.notesolution.com
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