PSCI 2602 Chapter Notes - Chapter 13: Development Theory, International Development, Global Environmental Politics
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Week 8 chapter 13 the political economy of development. Is considered by many to have failed to provide a framework for development poli(cid:272)(cid:455) that (cid:272)ould deli(cid:448)er the goals of (cid:858)glo(cid:271)al de(cid:448)elop(cid:373)e(cid:374)t(cid:859) (cid:894)3(cid:1009)(cid:1011) Ways of thinking about development: development is a power term one denoting a state of affairs of which everyone, or nearly everyone, can easily and in some cases passionately declare themselves to be in favor. (358) Identifies development and u(cid:374)derde(cid:448)elop(cid:373)e(cid:374)t as (cid:858)the t(cid:449)o fa(cid:272)es of the histori(cid:272)al e(cid:448)olutio(cid:374) of (cid:272)apitalis(cid:373)(cid:859) a(cid:374)d e(cid:454)plores ho(cid:449) (cid:272)o(cid:374)ditio(cid:374)s of (cid:858)depe(cid:374)de(cid:374)(cid:272)e(cid:859) of the periphery on the center serve to reinforce underdevelopment and inequality. (360) The crisis of the washington consensus in the 1990s. Growth: the growth record of the 1990s was highly uneven across regions and countries with sharp contrasts between high growth of east asian economies and the stagnant performance of latin america and africa.