SOSC 1430 Lecture Notes - Lecture 1: Gross National Income, Walt Whitman Rostow, Eurocentrism
Document Summary
Sometimes conveys a normative ideal: how things should be rather than things are. With policies there will be consequences because different countries adopt different agenda"s: the crisis in syria. There is not a single idea or vision of development. Eurocentrism: conveys that european countries are more superior tan other countries, in terms of their values, traditions and culture. Third world societies and non- european cultures and defined negatively. The idea of stages of development (w. w. rostow, 1950s) The push, the incentive for takeoff: development as economic growth. Equates development with economic performance: greater economic output of a given society. Standard of living: the quantity of goods and services consumed by the average citizen . Gdp/gnp (gross domestic product/ gross national product, gni (gross. Gdp market value of all products and services produced in one year by labor and property supplied by the residents of a country. (allocates production based on ownership)