Week 11 Notes- Intro to Comp Politics
Week 11 Notes- Intro to Comp Politics PSCI 2012-100
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This 2 page Class Notes was uploaded by Molly Mortimer on Tuesday November 3, 2015. The Class Notes belongs to PSCI 2012-100 at University of Colorado at Boulder taught by Dr. Andy Baker in Fall 2015. Since its upload, it has received 28 views. For similar materials see Intro to Comparative Politics in Political Science at University of Colorado at Boulder.
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Date Created: 11/03/15
Monday November 2 2015 Intro to Comp Politics Week 11 Global Development and Underdevelopment What ll Why A Example B Explanations of Underdevelopment 1 New Institutional Economics Colonial and Postcolonial Rules a pg 372 in Why Nations Fail b Extractive economic institutions don t create incentives to work hard get an education invent etc c Prosperity requires inclusive political institutions pluralism democracy strong rule of law and limited corruption d Also requires inclusive economic institutions strong property rights low barriers to market entry equitable public service provision e Political institutions gt economic institutions gt economic growth 2 Neoclassical Economics Economic Policy a Poor countries are poor because of bad economic policies stateled development or command economies b Freemarket policies and capitalism as solution free trade privatization balanced budgets end subsidies 3 Dependency Theory and Critiques of Neocolonialism International Economic Forces a Exploitation of periphery by the core core North America Europe periphery pretty much everything else 1 Trade international capital flows international financial institutions 4 Cultural Explanations Monday November 2 2015 a Citizens in poor countries are poor because they have beliefs and values that are bad for their own prosperity 1 Example India and the caste system b Poor countries have too many ethnic divisions Geography a Countries that have a tropical climate may be at a disadvantage because there are more diseases in tropical climates b Land in tropical climates is also not as productive as land in temperate climates
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