Read – Week 10 and 11 Sceenshots, The Ch. 3 and 4 from Jason Hickel’s book, The Divide, and The Ch. 1 to 4 by Ha-Joon Chang(Chang offers an institutionalist critique of neoliberal development theory, saying that the state has always played a key role in regulating markets and guiding development.)
Write a two-paged, single-spaced essay on the following questions.
First, briefly describe the economic and political dynamics, which created and underdeveloped the Third World.
Second, what was the strategy of developmentalism, which most Third World nations experimented with in the 1950s and 1960s?
Third, what was the neoliberal strategy of development and what were its results? Finally, what methods of development have allowed for the more recent “Rise of the South”?
Focus only on the course materials. Do not use sub-headings. Fill the full two pages with writing. Use references for any quotations and materials taken from the readings or lectures.