HIST-102 Lecture Notes - Lecture 18: Francis Fukuyama, Mobutu Sese Seko, Maoism
Document Summary
15% if the world population contributed 1% to the world gnp. 1973 is when the oil shock initially started. Un, imf, world bank: structural adjustment loans ((cid:498)austerity measures(cid:499): devaluation of the local currency, cuts in government spending, especially on education and health, reduction of food subsidies, reduction in wages, privatization of public utilities. Countries are already quite poor, with these cuts the people hurt that much more. Any help from the government, and health care programs were greatly reduces because the us was (cid:498)helping(cid:499) them. President mobutu owned 51 mercedes benz cars, 11 chateaux in belgium, france, etc. Everyone was moving to democracy, the western system is the only one to survive. Congo"s natural resources are estimated at 4 trillion: oil, gold, diamonds and coltan. Rwandan genocide of 1994 and 2 million hutu refugees in congo by 1996. Congo government very weak, the east is full of other counties militaries that are killing the.