IDSB04H3 : IDSB04 Lecture 2
12 Dec 2011
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Document Summary
155-60: marshall plan 1947, truman"s point iv plan 1949. Raise the living standard of the developing world through the provision of technical skills, knowledge, and equipment: green revolution rf 1940"s-1960"s. Was a technological approach to development; increasing product output through agricultural techniques to decrease malnutrition and hunger. Eg canadian economic aid to southeast asia: commonwealth colombo plan 1951, alliance for progress 1961. Eras of bilateral aid: lester pearson and 0. 7% of gnp to development aid 1970. Developed countries should give 0. 7% of their gnp to: figure 4-7 development aid, only the nordic countries have reached and exceeded pearson"s call for. Limited production, pre-newtonian: pre-conditions for take-off. Absorb the values of capitalism, developing a competitive business that would allow them to appreciate the importance of development. Rapid investment, manufacturing growth, liberal institutions: take-off, maturity, mass consumption, dependency theory, challenges to modernization theory pg 161-163. Colonial heritage prevents same path of development (competitive disadvantages) Declining terms of trade: world systems theory: asymmetry.
