ECON 2220- Final Exam Guide - Comprehensive Notes for the exam ( 29 pages long!)
30 Nov 2017
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Latin american development: growth widely accepted making of development: pre-conditions: large investment, midterm: linear stages of growth model and structural change, all developing countries are stage 1 or stage 2. 1900-1910: the institutions that were set up formed the society going forward, (cid:498)bad(cid:499) institutions, they were extractive. Last times material: higher than 40%: kuznets: as a country gets wealthier and economic growth increases, the gini. Today: venezuela was not elected communist but it turned communist, the majority of these countries claim that they are moving away from the. Latin american development part 3: 1990-2003, policies washington convention, after the isi. Isi was state led: state was about being a producer, but now we get more into enforcing the rule of law, democratic institutions, this is part of the washington consensus. It was a national security issue: macroeconomic stability would be one of the concerns of the new state, ex.
