Sociology 2228A/B Lecture Notes - Lecture 7: Prc United Front Strategy, Suharto, International Development
10 Apr 2020
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Document Summary
The globalization project is different from the development project because it"s aim was political intervention to overcome the limits of the development project. Ford foundation helped general suharto reformulate a development partnership with foreign investment. Showing global development partnership between states and corporations. Militarization was critical, securing and prying open the tw to an emerging project of global development orchestrated by the united states as the dominant power. A charter of economic rights and duties of states, designed to codify global reform along neo-keynesian lines (public initiatives) Mostly because of growing divergence between middle income and poorer states. Held secret meetings to perform crisis management, including containing the. 1980s debt crisis allowed the first world to have more control over international financial institutions by subjecting their policies to external rule-based procedures. Tw unable to continue debt servicing as their dollar reserves lost value. Fw recession reduced consumption of tw products. Causing the tw export revenues to collapse.
