INTST101 Lecture Notes - Amartya Sen, Numeracy, Government Spending
16 Dec 2013
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Improve the country in a clear, sustainable way. Usa not on top 10 list for highest hdi. Immigrants sending money back home from foreign countries. Canada is at the top, gives the most percentage of its wealth. Since the ww2, usa has always been the one that gives the most aid. 150 countries 85% of the world population need aid. Ex: us -> missile -> egypt (for military alliance) Weapon just sits there or using it to destroy stuff. Donor gives to recipient but says they can only spend the money in donor country. Giving with the left hand and taking it back with the right. 2-3 year government had to undo the changes. Didn t get the long term benefits of the changes. Net flow of money is now from the poor to rich. Third wave - the capabilities approach (post "95) Key figure: amartya sen, nobel prize in economics winner.
