IDSB02H3 Chapter Notes - Chapter 1: Anti-Imperialism
16 Dec 2011
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Course reader week 2 chapter 1- economics, Institutions, and development: a global perspective (i didn"t take notes in the beginning. ) Dudley seers asked, the questions to ask about a country"s development are therefore: If all three of these have declined from high levels, then beyond doubt this has been a period of development for t he country concerned. If those three get worse, then it is not development even if per capita income doubled. Underdevelopment is a real fact of life for more than 3 billion people in the world a state of mind as much as a state of national poverty. Denis goulet said, the most empathetic observer can speak objectively about underdevelopment only after undergoing, personally or vicariously, the shock of underdevelopment . World bank said, the challenge of development is to improve the quality of life. That is, higher income and more than that.
