POLS 1090 Chapter Chapter 5: POLS 1090 Chapter Chapter : POLS 1090 Chapter Chapter 2: POLS 1090 Chapter : POLS 1090 Chapter : POLS 1090 Chapter : POLS 1090 Chapter : Globalization Project cha
Course CodePOLS 1090
ProfessorBruce J Smardon
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Professor Bruce Smardon
March 12th 2019
Instituting the Globalization Project
This chapter examine “the globalization project” which succeeded the development project- not
because development is extinct, but because its coordinates have changed. To call a globalization
a project emphasis its political dimensions. The distinctiveness of the globalization project is its
political intervention to overcome the limits of the development project. Within the Third –
World, export- oriented industrialization fueled economic growth, legitimizing a new “free
market” model of development. Development which had been defined as nationally managed
economic growth, was refined in the World Bank’s as participation in the world market.
Securing the Global Market Empire
• Global development partnership between states and corporations.
• Safety of the South Pacific and Southeast Asia, lead to a great trade and highly
industrialized japan to the benefit of both.
• The Third World was unruly during this prelude to the globalization project.
The Debt Regime
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