Theories of Development Flashcards

1
Q

Define ‘development’

A

the economic growth, industrialisation and living standards of a country

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2
Q

What is the difference between developing and underdeveloped?

A

underdeveloped = less developed than countries with the same resources

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3
Q

How can development be measured?

A
  1. GDP (gross domestic product = total economic value of goods and services produced by a country in a year)
  2. HDI (human dev index)
  3. doctors per person
  4. life expectancy
  5. IMR
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4
Q

What are the advantages and disadvantages of using GDP to measure development?

A

+ shows how economically dev they are (favoured by capitalists)
- doesn’t show how wealth is distributed e.g if a rich person moved into your village, the GDP per capita of the village would go up

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5
Q

Why is the HDI good for measuring dev?

A

takes into account living standards e.g education, life expectancy as well as GDP per capita

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6
Q

What is the marxist theory of development?

A

capitalism exploits underdev countries to make maximum profit e.g raw materials AKA dev theory

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7
Q

What is modernisation theory?

A

all countries should move towards capitalism to be more productive, consuming and wealthy

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8
Q

What are the 5 stages of Rostow’s model of dev?

A
  1. basic agricultural society
  2. transition (preparing for take off) - farmers make a surplus from selling cash crops so small towns dev
  3. industrialisation (take off) - growth of manufacturing, people move to urban areas
  4. drive to maturity - investments and large developing cities
  5. mass consumption (developed) - wealth spreads, more consumption, service sector grows
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9
Q

How do neoliberals believe countries should develop?

A

Friedman - believe in using free trade to dev

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10
Q

Why do the world bank and IMF favour neoliberalism?

A

they say that removing tariffs and encouraging free trade leads to development - they use china as an example as they dev rapidly after 60s

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11
Q

What are the criticisms of the neoliberal and modernisation theories?

A
  1. they’re ethnocentric as they think modernising and free trade are the only ways to dev
  2. assume that western dev methods are easy to copy for every country
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12
Q

What is dependency theory?

A

Frank - MEDCs exploited LEDCs during colonial times and prevented them from developing

even though nowadays they have their own political power, they still rely on MEDCs finacially

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13
Q

What do environmentalists argue about dev?

A
  • it harms the environment as industrialisation causes pollution from industry and pesticides from modern farming
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14
Q

What do post-dev theorists argue about dev?

A
  • suggests that the term ‘developed’ undermines different cultures
  • Escobar - MEDCs helping LEDCs is just another method of colonialism and societies should evolve in their own way
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15
Q

What is world systems theory?

A

Wallerstein - treats the world as one big economy, divides world into core(rich), semi-periphery(developing) and periphery(underdev)

  • core countries exploit the semi-periphery, and the semi-periphery exploit the periphery
  • so there’s no unity to change the system
  • says in order for the core to stay at the top, the periphery have to stay on the bottom
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16
Q

What are the criticisms of WST?

A
  • it’s deterministic - doesn’t allow for individual countries characteristics