lecture 21 11-17-10

lecture 21 11-17-10 - 11/17/10 Lecture 21: Development in...

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11/17/10 Lecture 21: Development in Asia and Latin America Outline What is development? Perspective and LOA on Development Asian Development Latin American Development Summary Comparison What is development? More material Well-being (realist) o It’s more tangible o Largely looking at increase in military, material capabilities o Referred to as revisionist perspective- realist approaches became more popular in 90’s and since then where there is an increasing interest in countries taking state actions in order to promote development. More Equality- Between Countries and Within? (Liberal) o Greater equality as one grows o 1920- capital income in developed country is higher than asia and latin America o 1900- gap between richest and poorest countries was 8-1 later it became 36-1 o Cause in gap is growth in population If you have more people in denominator even if you’re growing in the numerator you get lower per capita income Increase in population and birth rate in poor countries but declining population in
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lecture 21 11-17-10 - 11/17/10 Lecture 21: Development in...

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