POLS 1090 Chapter Notes - Chapter 5: Natural Rubber, Prc United Front Strategy, Non-Aligned Movement
4 Apr 2013
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Document Summary
Part ii the globalization project (1980s to 2000s) The development project slowly evolved into the globalization project. Calling it a project is the politics of it: markets are neither natural nor free, markets are institutionalized constructs managed by powerful players. Globalization project provides political intervention to overcome limits of development project. Intervention = 2+ decades of military (forced) and financial disciplining. Export-oriented industrialization fueled development, focused on developing the economies of the first world powers. Defining development: nationally managed economic growth: redefined officially in wb"s 1980 world development report: participation in the world market (even if it"s for the sake of exploitation of resources to export) Liquidating and exploiting third-world countries because they are major exporters of essential commodities: for example, southeast asia: 1967 meeting in geneva between general suharto (of indonesia), his economic advisors, corporate leaders of oil companies, banks and other corporations: partnership between private enterprises and third-world countries.
