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Chapter 13

IDSB02 Chapter 13

10 Pages

International Development Studies
Course Code

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Week 2Chapter 13Half a Century of DevelopmentFrom chapter 2 review development can be a vision or measure of a desirable state of being for society a historical process of social change in which societies are transformed over a long period and deliberate efforts aimed at improvement on the part of various agencies governments NGO social movements and so on Questions asked in this chapterHow has the meaning of development changed in 50 yearsHas development as an idea and as a set of diverse actions produced the goods And if so for whomIn what ways has development failedIs the term development still useful Has it even been usefulStructure of this chapter is as follows1PostWar Restructuring and Bretten Woods 1945 to Early 1950s2The Golden Years 1950s and 1960s3DebtLed Growth 1970s4The Lost Decade1980s5The End of Development1990s131PostWar Restructuring and Bretton WoodsDuring the 1930s rising unemployment and heavy protectionism resulted in a decline in world trade of 65 in value terms between 1929 and 1933 The Bretton Woods agreements are significant because first they stayed intact as an international system until 1973 Secondly even after this date
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