Initial Thoughts

focus on middle income countries so the rich get

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Unformatted text preview: ment, keeping communism at bay. 1950’s: ideas of first (Western capitalist), second (Communist east), and third world (those who didn’t want to align with any of the factions, nonalignment) come into being. Growing role of UN, to fight socially and economically destructive forces. 1960’s: Decolonization and focus on economic growth sense of moral obligation ! kennedy power of the media ! images of children in developing world 1970’s: disillusion & distrust: Pearson report: aim was to measure impact of investment General finding was that GDP slightly increased, but more people in poverty. ! focus on middle income countries, so the rich get richer and the poor get poorer. look for alternative methods 1980’s: debt crisis, development reversal, debt: formation of OPEC, rise in price of oil, so some boomed but developed countries with no oil paid the price. Reagan, Thatcher, limited government healthcare...
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