PSCI 2102 Lecture Notes - Government Simulation Game, W. M. Keck Observatory, Barber Conable
7 Jul 2014
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Class 4 psci2102b january 28, 2014. Huge waves of hyperinflation that ran through latin american economies as a result of. Isis prices went up dramatically to unaffordable levels: this leads to capital flight (everyone is pulling their money out of the country, everything begins falling apart. Global north turned around and tried a new way of pushing for growth in the south neoliberalism. Neoliberalism is the third phase of development theory. Developing countries had no other choice than to turn to this; had tried many other methods of economic doctrine; had to turn to the imf. This solution of changing the way of running economy because of a revelation in economic theory it came out of the north: reagan. In us, neoliberalism was to: reduce government, taxes and reduce spending in welfare state for us: thatcher. In britain, it was about class politics and breaking up unions. Mass union protests causing things to fall apart (allegedly).
