POLSCI 1G06 Lecture Notes - Lecture 6: Andre Gunder Frank, Debt Relief, General Agreement On Tariffs And Trade
Document Summary
Political science 1g06 2013 lecture 6a development and. The income gap between the world"s richest and poorest countries was 3:1 in 1820, 35:1 by 1950, 74:1 by 1997, and by 2002 it was. A total of 2. 8 billion people live on less than . 50/day. Official development assistance from oecd states: 0. 52% gni. 1960; 0. 31% 2011: pearson commission 1969 recommends 0. 7% Different types of ldcs have been more/less successful at developing. Poor states are not a homogeneous bloc economically. Some have stagnated or even declined economically (parts of sub- Others have been at least partially successful at developing. Newly industrialized economies (south korea, taiwan, china) However, while formal colonialism might have ended, the new states were not facing the developed states as economic equals. The international economic system was characterized by a division of. Less developed states largely produced agricultural goods and raw labour between states materials.