Oct31 - 10/31/07 Homework 1. The "La Estralla" ("The Star"...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
10/31/07 Homework 1. The “La Estralla” (“The Star” will be used in this definition to avoid variance in language) case in the Peruvian highlands clearly demonstrates the different perspectives on development that Chapter 5 offers. As a Liberal Economist would view the rebuilding of The Star irrigation system, The Star represents how important a laissez faire government is in allowing private investors to develop an effective medium of economic growth. An NGO, CADEP, that strove to increase the flow of commerce (the Liberal Economic goal of economic growth) in the Peruvian highlands funded The Star irrigation system. Those involved in CADEP created a highly organized plan, free of government intervention, to rebuild The Star. Clearly, capital incentive was offered to the peasants participating in the program who sought to attain financial gains. While this industrial advancement did not benefit all Peruvians outside of Mollepata, it still contained key elements that those believing in the Liberal Economics Perspective value (though comparative advantage was hard to see in this case study). A proponent of the Dependency perspective would likely highlight
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/17/2008 for the course GST 110 taught by Professor Benson during the Spring '08 term at Elon.

Page1 / 2

Oct31 - 10/31/07 Homework 1. The "La Estralla" ("The Star"...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online