{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

lecture 4.29.09 - Transnational villagers intro...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Transnational villagers intro, 2,3,4,conclusion Recreating poverty: In the global economy, banks make high risk/high interest loans to many poor countries Banks want to ensure that they can collect on their loans Therefore they insist that governments spend less on their people so that they can repay the bank: -i.e.: the structural adjustment programs for of the IMF- adjust structure of your economy Three demands of World financial institutions: world bank, IMF (int’l monetary fund) 1) austerity measures -to cut back on social welfare health. -i.e.: to cut back on agriculture subsidies(government used to give farmers fertilizers, seeds, at very low subsidized cost) farmers have higher costs, harder to produce food prices goes up -i.e.: countries cut back on food subsidies (most of their food can’t pay price of staples, governments use to sell basic food products at subsidized rates) – removed those subsidized rates rising prices limited amount of $$ but have to pay more less money, driven further into poverty if you’re a poor family -*poor families send children to school, they feel like they need more people to work take daughters out of school (back to gender differences) and put to work, or babysit young children while everyone else is working, because sons need to be educated more he’ll be head of household. Future of the girls cut off first
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern