POLS 1090 Chapter Notes - Chapter Chapter 1: Marshall Plan
30 Mar 2019
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Document Summary
Postwar development: relations between first and third world. This chapters begins by examine the development project that was multilayered as national strategies of economic growth. Whereby the political elites of newly independent states embraced development as an enterprise for growth, revenue generation, and legitimacy through the process of: an organizing concept, a growth strategy. Framework for economic growth: realization of development through new inequalities. The devastation of world war ii (1939-1945), the united states spearheaded two initiatives to reconstruct the world economy of the bilateral marshall plan and the multilateral bretton woods program, which did not become a fully operation until the 1950s. Third world industrialization depended on the transfer of rural resources. But it was not confined to national arenas, as exports of first world food and agricultural technology constituted a global rural-urban exchange. Furthermore, mcmichael analyze that first world agricultural was linked with the rise of new industrial classes in the third world.
