Exploitation of developing economies Flashcards
1
Q
Taylor
A
suggests by giving free reign to Capitalism, led to greater inequality e.g. Transnational companies switch production to low wage countries for cheap labour e.g. Shien, PLT
international drug trade can only operate in the globalised world in which processing of drugs take places in the developing world e.g. Mexico
2
Q
Rothe and Friedrichs
A
looked at international financial organisations and World Bank who huge loans to developing countries. World Bank policy voting rights dominated by rich developed countries have highly pro - neo liberal views that benefit richer countries for privatisation of public services around the world