POLI 227 Study Guide - Midterm Guide: Heavily Indebted Poor Countries, Gross Domestic Product, Gross National Income
28 Jul 2017
School
Department
Course
Professor
Document Summary
Heterogeneity of the third world : geography / population / political systems / economic development. Approaches to the study of third world politics. Thinks that countries should follow the path that west took. Must adopt modern values, political and economic institutions. Education, urbanization and media as agents of change. Specialized and complex institutions should be put in place. Growth in communication, transportation and economic change is necessary. Places blame more on colonies themselves, not on colonizers. Believe colonialism & imperialism are what destroyed nics. Economic dependence lead to political dependence on the west. Believes foreign countries should invest but not make economic decisions for ldcs. Highlights international trade, finance, investment, economic and political relations. 1st world"s control of technology and multinational corporations. When colonizers leave a country, countries are still economically dependent on the colonizers. Terms of trade from colonizers will deteriorate after colonizers leave. Importance of path dependency and critical junctions.
