chapter 9 - reading group

chapter 9 - reading group - CHAPTER 9 - CONCLUSION At the b...

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CHAPTER 9 - CONCLUSION At the beginning of the 20th century European control over global landmass Colonialism Most countries self-sufficient (autarky) Countries isolated from one another No overpopulation Today Western power shifted to US Western age has entered its final act Barely any colonialism Postmodernism (questions progress) Technology links countries together Autarky has disappeared Human capital is mobile Middle class in 3rd world tend to migrate to developed countries. Rising awareness of 3rd world in rich countries Foreseeable future More than one pole in world economy o Open to Pacific Age o East- Southeast Asian power will grow o China Will remain poor (Per capita income) Will resume as largest economy o West will still lead in Technology Military ِ Some 3rd world countries - middle income Other countries root in 3rd world o Sub-Saharan Africa Where development stands : Autarky - discredited Full embrace of world economy - discredited Development theory has come to
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chapter 9 - reading group - CHAPTER 9 - CONCLUSION At the b...

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