Lecture 9

Question 1

Modernization theory

Answer 1

Development is imagined as a linear and progressive journey, connecting wealth with development
Prioritises economic growth as development

Question 2

Eurocentrism

Answer 2

Primacy of European & Western ideas
Development label as value laden (backward/corrupt/uneducated vs progressive/desireable)
Labels with power (“developed nations” have rights and obligations)

Question 3

Foreign Aid

Answer 3

Transfer of money, goods or services from a donor country/ international organization for the benefit of the recipient country and its population
Range of different purposes - development, security, humanitarian
However, this aid is often conditional

Question 4

Remittance

Answer 4

Major sources of money for developing nations
Money or Goods sent back to family or friends in their country of origin
Positive, multiplier effect is large