... of people, what post-development thinkers mean is the rejection of what Matthews calls the post-World War II (WWII) development projects. Cognizant of the lack of post-development focused literature on African development, Matthews provides compelling evidence for post-development theorists to focus their attention on the failure of pWWII projects on the continent. As these projects see the ... African culture as inimical to their success, Matthews suggests that rather than changing these values, perhaps pWWII projects should be the ones to leave the stage. While traces of Western cultu...

• Word Count: 3546
• Approx Pages: 14
• Grade Level: Graduate

... , spearheaded by improvements in transport and telecommunications. It is this very understanding of globalisation that we read about and hear about. This understanding of globalisation fits into the set of literature referred to as the ' first wave' and is associated with US truimphalists and business schools theorists. More importantly, it reciprocates the understanding of globalisation by the international financial institutions, such ... its total aid to Africa. From 2001 to 2002, the US granted its cotton farmers $3 billion in subsidies, more than the entire economic output of Burkin...

• Word Count: 3797
• Approx Pages: 15
• Grade Level: Undergraduate

... . The theory also states that if domestic industries are protected then capital formation becomes more effective and would not only raise profit but would now raise wages as well. EMPIRICAL LITERATURE SUPPORTING THE LEWIS'S DUAL SECTOR MODEL AXIOMS FOR ECONOMIC DEVELOPMENT W. Arthur Lewis in his work on 'Economic development with unlimited supplies of labor' (1954), explains the importance of labor ... areas while there is full employment in the modernized sector. Although this assumption seems to be compatible with some countries with high population densities such as China, India ...

• Word Count: 4558
• Approx Pages: 18
• Has Bibliography
• Grade Level: Undergraduate

During the 1990s, literature on the international political economy was dominated by the idea of globalization. Dramatic decreases in transport costs and the rise of fast and cheap telecommunications technology have made geography less ... states find alternative ways to secure themselves from debt. Equally, though, such strategies are largely driven by relatively well-off and powerful middle-income countries in Latin American and Asia. African countries are more marginalized and have less chance of benefiting from globalization and may consequently look to more radical solutions. Conclusion...

• Word Count: 7309
• Approx Pages: 29
• Grade Level: Graduate

... in affected countries, and especially on a sub-set of those with closer connections with international capital markets, namely the emerging market economies. In the past few years a great deal of literature has been produced by both academic and field expertise officials, but also by non-official sources on crisis prevention and management problems in emerging market countries. Consequently, a better understanding of ... as an act of international solidarity through (say) the western European countries agreeing to cede one or more of their Chairs (they now occupy eight) to (say) the sub...

• Word Count: 3629
• Approx Pages: 15
• Has Bibliography
• Grade Level: Undergraduate