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Too much state intervention, too much nationalism and too much state control to develop |
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% of poor people in Asia and Asia 1970-1980 |
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Import Substitution in 1970s Africa |
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Moderate Econ Growth 3-5% More income per capita Raw materials price goes up Public and private investment goes up |
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1960s Ghana and South Korea |
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late indipendence in 1960s more dependent on the IMF |
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Number of countries in Africa, Asia, and South America |
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Lula's cheif of staff, later prime minister. 2010-2013 Brazil |
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Secretary General of PT (workers Party) 1) Domestic Policy: applied neoliberalism for growth 2) Foreign Affairs: Bric track, south-south agenda 2001-2010 |
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codoso was on the left, and Lula was even further left, but they implemented neoliberalism because of the baker plan to have enough funds to help the poor |
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was re-elected once. replaced by Rusef, his woman sec of state. maintained gowth w/ neoliberalism to help poor |
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Ruled for 8 years (2 terms)1994 - Neoliberalism brought economic stability |
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First Democratic President - formally ruled by the military |
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1) Under consumption 2) recession: They crashed and burned |
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1964 - focus on economic growth, based on MNCs and flying geese theory - were dependent on west - Bureaucratic Authoritarian Rule |
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1) Disintegration 2) Wages went down 3) loss of local manufactuaring 4) Loss of agriculture and small producers 5) Migration to US |
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1929, Revolutionary most important in Mexican Revolution |
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They gave the land to the poor, allowed them to have farms and earn a living other that having it owned by the rich. Under Capesino, 1930s-40s in Mexico |
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fight back against Cardena land reform, reassertion of landlords as oil was discovered |
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Petro$-->borrowing-->debt |
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- More flow of investment - Prices fall - exports rise - comparitive advantage in produce (despite lack of subsidies) - Trade Surplus |
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Latin American Born spaniards |
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last US puppet president of Cuba, which overthrew Bartisa and became communist with Castro with 1959 |
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Results of Gov Changes in India |
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1) Privatization went up 2) International Investment went up 3) Bio tech- lab of the world 4) Agriculture: Green Revolution |
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Changes in Indian Government |
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- Price controlls - no state intervention in decisions - relocation of imports - Open door and revise taxes
- Consistent with neoliberalism |
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SA leaders blame the US but... |
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they suffer because the third world is run by an elite that supports the US, and not their own people - it is not the job of the us to solve their problems |
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Bolivian Leader, rebelled against neo liberalism |
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Ecuadorian Leader, rebelled against neo liberalism |
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Argentinian Leader, rebelled against neo liberalism |
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Venezuela, rebelled against neo liberalism. Meduro succeeded him |
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a state in the south of mexico that has been warring withthe fed for 12 years - their land was privatized - Lack of an education system and wells, so they rebelled |
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US corps penetrate and then kill Mexican markets. - Small businesses and producers went under - Wallchart |
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Similar to NAFTA, Free Trade - Chile - Brazil - Uraguay - Paraguay - Peru |
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trade agreement between - Boliva - Peru - Equador |
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Regional Collective Politics |
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Carri bean" CAR community Central American: Common Market Andean Compact: peru equador Boliva NAFTA |
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Pinoche: Strict Authoritarian rule that benefited people |
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salinas, adopted neo liberalism |
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1985 - SAP imposed on the third world to repay debt to IMF IMF Bank --> 12 bill --> SA in loans
WOrld Bank --> 13 bill a year--> SA in Loans
* neoliberalism became king |
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Petro $ flooded market--> inflation--> borrowing --> Peru defaulted under Alan Garcia - SA in default, orbits US |
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Regan wanted to stop Ortega and Sandis Tas - funded opportunities with weapons |
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inspired by the cuban revolution |
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Current President of Nicaragua - sandis tas 1977 takeover - sampoz, Barista equivilent overthrown |
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1) could not afford public poliices 2) Raul Castro allows economy to grow 3) better example than the soviets |
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joined castro, belived everyone needs a chance, argentinian doctor
communism changed everything about Cuba |
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- Cuba and nicaragua lost ideological war - cuba became communist 1959 under castro - before it was an economic colony of the US ruled by the army and a puppet president |
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Raw materials, infastrucure utitilites --> fights over taxes - Was expected to boost profits in host ocuntry - re investment becomes an isssue, fight between oliporch and new industrialists |
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