POLB81H3 Lecture Notes - Structural Adjustment, Kuznets Curve, Human Capital Flight
16 Apr 2013
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Document Summary
Institutionalism: for the most part we are talking about business elites. They are saying that it can"t solve these problems. Global capital is not going to solve these kinds of problems. They talked to business elites and they said that. Global capitals: maybe institutions isn"t the right way either. It could also be the needs to go beyond institutionalism. This is an example of limnality: state of being in between. We have a pretty vague idea of what is going to work. Most elite of the elites being not exactly sure what the way is forward. But the notion of global governance is going to evolve. Trans governmental/transnationalism: the idea of promoting innovation. Economic development of global challenge video: conventional understanding of development, pro-market, economic centric, gives the basic of the problem, productivity: high productivity translates into high income standard. Productive machines: the increase in capital stock is called investment.
