DVM 1100 Study Guide - Final Guide: Liberal Democracy, Tongues Untied, Canadian International Development Agency

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It(cid:859)s a (cid:272)o(cid:374)tested te(cid:396)(cid:373) (cid:271)e(cid:272)ause it takes (cid:373)a(cid:374)(cid:455) (cid:373)ea(cid:374)i(cid:374)gs (cid:894)e(cid:272)o(cid:374)o(cid:373)i(cid:272) g(cid:396)o(cid:449)th, self-sustainment, peace, modernization, etc. ) The process of a country getting richer, healthier, long-lived and more literate is often referred to as (cid:862)de(cid:448)elop(cid:373)e(cid:374)t(cid:863) E(cid:272)o(cid:374)o(cid:373)i(cid:272) (cid:272)apa(cid:271)ilit(cid:455) defi(cid:374)itio(cid:374): o(cid:272)iet(cid:455)(cid:859)s a(cid:271)ilit(cid:455) to p(cid:396)odu(cid:272)e ade(cid:395)uate goods a(cid:374)d se(cid:396)(cid:448)i(cid:272)es, a(cid:272)(cid:272)u(cid:373)ulate capital and distribute to society. Procedural definition: possible growth, progressive growth, completed & constant growth. Economic development/economic growth theory/ modernization theory is mainstream view. Stresses the long-run benefits of investments in people (health and education), infrastructure (roads, railways, electrical grids, telecommunications networks, sewer and water), and the adoption of improved technologies for higher productivity. Stress the role of changing values in promoting economic growth and social stability. Belie(cid:448)e that toda(cid:455)(cid:859)s de(cid:448)elopi(cid:374)g (cid:272)ou(cid:374)t(cid:396)ies too (cid:272)a(cid:374) (cid:373)o(cid:448)e up the ladde(cid:396) of e(cid:272)o(cid:374)o(cid:373)i(cid:272) g(cid:396)o(cid:449)th, so(cid:272)ial modernization an democracy in much the same way that canada did. Emphasises positive role played by private enterprise and free markets, or capitalism.