Development Theory in Practice
import-substituting industrialization (ISI)
1) stimulating & consolidating industrialization through more effective system of state
intervention in economy, restructuring of economic activity away from primary p
Review of Chapter 7
Match the Best or Outsource to the Best
-Should companies outsource?
can advg of keeping all pieces of production process in one set of controlling hands ever
outweigh costs of hanging onto activities being outperformed?
Review of Chapter 5
East Asian model- notion of developmental state - first developed for Japanese case
empahsis on catch-up was connected w/ concern about position of Asian economies in
East Asian model & notion of developmental sate- firs
Human development, gender, environmental theories
gender & environmental approaches to development echoed core concerns of human
knit tougher by core concern w/ failures of development to bring about more
terms of trade
ratio of export prices to import prices- worked systematically to favor centre &
disadvantage the periphery
maintain import levels- end result-underdevelopment in periphery-process of
industrialization was impeded-rising gap in in
What influences the distribution of foreign aid?
Bill Easterly: int'l aid bureaucracy will never work properly under the conditions
that make it operate like a cartel
this is not a good use of your resources- education level is kind of lowdoes a
How much development aid?
justification consistent- countries aren't going to grow without a big push
have they devoted a lot of resources to aid?
what percentage of 2009 federal budget in US went to bilateral foreign aid?
Survey from Nov. 10, 2
alleviate income inequality- summarize conventional wisdom about development
aid- Africa, in general, requires a big push on many fronts at once- they've thought
about commission, thought about ways increase in investment could happen, said this
NIEO_ primarily political demand for sovereignty of developing countries be taken more
number of economic demands- reducing dependence of developing countries on int'l
economy, reducing vulnerability to deteriorating terms of trade
Review of Chapter 8
The New American Model
-while technology didn't force companies to adopt new organizational forms, it made
-technological advances changed menu of options for large, vertically integrated
companies had been in