POLC90 - Exam Review (Rough - Some terms missing)

5 Pages
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Department
Political Science
Course Code
POLC90H3
Professor
R Rice

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POLC90 – Final Exam Review History of Development Ideas Participatory Action Research Indigenization of Development Theory Linear Stages of Development Institutionalist Explanations Dependent Development  Underdevelopment is a process, not a condition (ie: one country can “underdevelopment” another  Third world poverty is a product of first world prosperity  International and historical factors are key to understanding underdevelopment (ie: imperialist pasts)  The world capitalist system undermines/hinders third world development  There is a “core” mega city that sucks all the resources, while the poor are underpaid for goods  The “periphery” countries are limited by their “satellite” status (orbiting around the core)  Says that satellites experience their greatest development when their ties to the core are the weakest. As well as the regions that are the most underdeveloped today are the ones which have had the closest ties to the “core” metropolis in the past (ex: Haiti used to be the greatest sugar exporter, now it is in ruins) World Systems Theory  Countries do not follow a linear path to progress, categories are not fixed  Development as a mode of production (capitalism is exploitative)  One country’s gain is another country’s loss  Introduces the “semi-periphery”  Core countries: those who specialize in high technology and capital-intrinsic goods (they produce the most advanced goods) o Ex: US, Canada, Western Europe, Australia, New Zealand, Japan  Periphery: Specializes in low technology, labour intensive goods o Ex: Most of Africa, poorest nations of Asia and Latin America  Semi-Periphery: Produces goods with intermediate levels of technology and capital intensity (a mix of the others) o Ex: China, India, South Africa, Brazil, Egypt, Russia,, most of Eastern Europe  Limitations: more descriptive than predictive about where countries will end up Washington Consensus  Term coined in 1989 by economist, John Williamson  Describes a set of ten relatively specific economic prescriptions that he considered made up the standard reform package promoted for crisis-ridden developing countries  Based on institutions like the IMF, Work Bank and US Treasury Department o Fiscal policy discipline, redirection of public spending, tax reform, competitive exchange rates, trade liberalization, etc  The prescriptions include policies in areas like macroeconomic stabilization, economic opening when it comes to trade and investment and the expansion of market forces within the domestic economy  The phrase has come to be used in a broader sense, to refer to a more general orientation towards a strong market based approach (neoliberalism) Neoliberal Counter Revolution Accumulation by Dispossession Grand Narratives  An abstract idea that is supposed to be a comprehensive explanation of historical experience or knowledge Grand Theories  Term invented by American sociologist C. Wright Mills  Refers to the form of highly abstract theorizing in which the formal organization or concepts takes priority over understanding the social world  1980s, it was reformulated and included theories like structuralism etc Capitalism and Development Rational Choice Explanations Theories of Imperialism  Imperialism can be understood as “Empire-ism”  Refers to a general system of domination by a state of other states, regions or the whole world  “imperium” means to command  Sociological and Psychological Theo
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