EC207 Lecture Notes - Lecture 12: Demographic Transition
Document Summary
Differences in development among countries are ascribed to: Third world countries are caught up in a dependence and dominance relationship with the rich countries. The rich countries intentionally/unintentionally contribute to the relationship to maintain status quo. Focuses on external and internal institutional and political constraints on development - The idr model rejects the emphasis on gnp growth rate as a principal index on development, and study international power imbalances instead. 3 sub-groups of idr: neocolonial dependence model: unequal power between developed and less developed countries and blames underdevelopment on conscious/ unconscious country exploitation by power inequality ( small ruling elites within a country) Periphery caught up in a dependence and dominance relationship with the centre that prevents development attempts by poor nations. Underdevelopment is a consequence: false-paradigm model: using export advisors. Too much emphasis on quantitative measures while neglecting institutional and structural factors: dualistic-development thesis: superior and inferior elements can coexist.