Unformatted text preview: proposed models that assigned the state a leading role in the economy. • 1970s, post war boom came to an end, and shortcomings of state led development was clear- countries had consumed more resources than they had generated (social spending) (p3) • The right resurfaced as neoclassical liberalism saying that the 3rd world needed more market and less state (structural adjustment) • SA mostly failed: positive results came to more advanced 3rd world countries, but it did more harm than good to others • 1990s, post development theory - PDT is about the people, not about not about a market or state • Today, development theory is less programmatic, and more concerned with flexibility and adaptability. Not more or less state, but a better state....
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This note was uploaded on 10/09/2010 for the course INTD 200 taught by Professor .. during the Fall '09 term at McGill.
- Fall '09