IDSA01H3 Lecture Notes - United Nations General Assembly, William Easterly, Arab Spring
24 Nov 2013
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Material good (gdp) or human wellbeing (freedom of choice): if your development tool box is only a hammer (gdp) then everything you look at can look like a nail (confined and small) William easterly ideology of developmentalism" (article we read) Countries that are receiving aid are developed countries: ex. China lending us: european countries receiving more aid $ than developing countries. Occupy movement a challenge to the whole new liberal system of generating wealth with the consequence 99% owning the wealth and 1% owning nothing and facing poverty. The connection between unfettered capitalism and inequalities became important to people it was right in your face everyday. These new money are shifting the global dynamic who gets to speak and lead (ex. China has a fast growing middle and high income: they have been lending money to developed countries, unlike the world bank that has tied their aid with governance policies (ex. you have to run an election).
