Unformatted text preview: d.i.3. Who are these outsiders? d.i.3.a. Multinational corporations foreign direct investments d.i.3.b. Transfer some technical and human capital (Not savings) via NGO’s d.i.3.c. Banks – U.S., U.K., Japan, Germany d.i.3.c.i. Loans d.i.3.d. IGO’s = world bank – international bank for real world development 2. Structuralism a. Highlights structure of international economic system as cause of under-development b. Reduces the savings and thereby investments b.i. Fates to invest in comparative advantage aggression b.ii. Low productivity c. Tariffs & subsidize purchase of capital d. Solution: Separation # state led develpoment...
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- Fall '08
- Poverty, per capita, Capital accumulation, capita income