Prelim 1_4_Essay

Prelim 1_4_Essay - Question 4 In order to promote economic...

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Question 4 In order to promote economic development, the government of Malawi broke with dominant global economic policy, as prescribed in this case by the World Bank. Describe what happened and show the significance for debates between countries of the global North and South . Link to our readings: what would some of our authors say about Malawi’s initiative? In what way might Malawi’s policy change parallel those of a much more powerful country such as China? Assess the Malawi government’s policy reform and its applicability to other cases. What happened in Malawi: In the catastrophic harvests from 2001 to 2005, the government of Malawi -- under pressure from the World Bank and donors such as the United States and Britain -- eliminated nearly all its subsidies for fertilizer. The African nation then exported its diminished cash crops for foreign currency with which it was supposed to buy food (from subsidized French and U.S. farmers, as things turned out) for its starving peasants. The result was the Malawi Revolution, a revolt against the supposedly "free trade" conditions set by foreign-aid donors. Malawi's president defied the World Bank and subsidized fertilizer and seed -- a course of action that has lifted farmers from poverty, nearly tripling crop outputs in two years.
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This essay was uploaded on 02/20/2009 for the course ILRIC 3330 taught by Professor Turner during the Spring '08 term at Cornell.

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Prelim 1_4_Essay - Question 4 In order to promote economic...

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