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Unformatted text preview: i) Company loyalty ii) “Quality Circles” iii) “Savings mentality” iv) Education e) Too homogenous? III) Poverty and the “SAPing the Third World” a) The First World’s Stranglehold of the Third World i) Imposition of Structural Adjustment Programs in 1980s (1) Globalization of Reaganomics (laissez-faire policies, privatization, free trade, etc.) (2) Cold war mentality: (3) Prioritized growth of First World economies through globalization b) Consequences in the Third World i) Plight of Poverty due to SAP (1) Retreat of the state ii) Downward Mobility (1) SAPs led to greater disparity in wealth distribution iii) Breakdown of Family Structure (1) E.g of “higglers” in Kingston, Jamaica iv) Impact on labor migration v) Connection between illegal immigration and economic policies...
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- Spring '08
- Economics, production efficiency, explosive economic growth, Government-directed economic growth