Midterm Flashcards
What are some negative outcomes that came from European colonization?
Resource extraction, reorganization of local African economies for crops and mining.
Destroying soil, exploitation of people. No major industrialization or democracy.
How is “modernism” linked to development according to historians?
1940s, focused on economic development of impoverished countries to become “normal” market economies
According to Jeff Bornstein, how does one person change the world?
Force multiplier - changing the world starts small, one person, and then it grows.
Previous colonial states and the marketing board system lead decolonized states to often adopt what type of government?
Autocratic states, one party states
How did the Cold War encourage autocracy and corruption?
Soviets and West competed for African interests and made them pick sides. Played both sides in the Cold War.
What does Sachs specialize in that also pertains to the Sustainable Development Goals?
Economics and sustainable development. Ending poverty.
What does Sachs argue in his speech at the UN Food Systems Pre-Summit?
We need a new system that isn’t the private sector with the US military behind it.
What is one of the things that Sachs says the government should do?
G20 should become G21 (AU as 21st country).
Change of development finance, zero interest borrowing.
Need UN as the core of the world, needs to be strong.
Tax billionaires
Pros to world factory
International trade grows economies, lower prices for stuff bc it can be made more efficiently
Cons to world factory
Human rights violations bc of less regulation/enforcement, loosened employment laws, cheap labor, cheap manufacturing.
What question does Collier pose in his TedEd talk on the “Bottom Billion?”
A billion people have been stuck living in economies that have been stagnant for 40 years. How can we give credible hope to these people? Alliance of compassion and enlightened self-interest.
According to McMichael, what are the components of the “world factory?”
Bankable, insecure, exclude. Globalized production systems, labor exploitation, resource extraction.
What does McMichael’s research focus on?
Global health and determinants of health (?). Agriculture and food. Economics. Paradoxes in development?
Why can’t you stop growth immediately for some countries and communities (degrowth economics)?
Growth needs constant supply of new markets (like a drug dealer), creates newneeds and dependencies. Can’t stop growth immediately, refocus on long-term goals.
What is included as political sources of development?
Property rights, rule of law, democracy, inequality, trade and foreign investment, international trade.