GEOG 101B Lecture Notes - Lecture 16: Walt Whitman Rostow, Human Development Index, Gross National Income

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Economic development: a process by which a country improves the economic, social, political well being of its people. Term has a sense of progress toward something better. Models of economic development: walt whitman rostow"s 5-stage modernization model (1960) (post-war, anything can happen optimism in states) Creates terms by which societies are judged, putting the west up top: 1st world, 3rd world, etc. Assumes progress and tends to ignore history and existing patterns of power; assumes everyone can follow this model: world systems theory. Very hard to get out of a colonial relationship or to change it once it"s established. Core: processes incorporate higher levels of education, higher salaries, more technology, core processes generate more wealth in the world economy. Periphery: processes incorporate lower levels of the above, generate less wealth in world economy. Semi-periphery: between the two, maybe in the process of changing between.

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