GGR112H1 Study Guide - Final Guide: Knowledge, 1997 Asian Financial Crisis, Four Asian Tigers
Document Summary
Let lecture notes guide what is something to emphasize in the textbook. Neoliberalism does not want any intervention, whereas modernization does want intervention sometimes. Neoliberalism wants to limit the role of the state. Transnationalism says there is inequality in nations as well. Make table about development concepts (key ideas, goals of each theories) Modernization theory (comes out of bretton woods era) Prominent role of the state (kind of socialist, but he is actually trying to defend capitalism through state intervention) Traditional, pre take off, take off, drive to maturity and mass consumption. Dt and transnationalism don t see a linear approach; different places were colonized differently and have different ways to development, so different context. Rostow is teleological path to development modernization vs neoliberalism. Dependency theorists political and economic system, that are not longer polieco systems. Emergence of the us as a superpower, and rise of liberation/independence movements got rid of colonialism.