Tag: World Bank
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Global Value Chains and Globalisation
The 2019 World Bank Development Report highlights the importance of ‘global value chains’ to helping poor countries develop. Global trade has increased significantly since the 1990s and global value chains today account for more than 50% of global trade. Those countries which have high levels of participation with Global Value Chains have generally developed more…
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Criticisms of the World Bank #2
Just a few updates of some relatively recent case studies which suggest the World Bank is not effectively promoting development in poor countries. The International Consortium of Investigative Journalists (2015) argues that the World Bank Projects leave trail of misery around the globe The Ground Truth Project (an independent US media company) is documenting how…
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The End of Poverty? A Documentary taking a ‘Dependency Theory’ View of Underdevelopment and Development
This 2008 Documentary seeks to answer the question of why there is still so much poverty in the world when there is sufficient wealth to eradicate it. In order to answer this question, the video goes back to 1492, which marks the start of European colonialism and the beginning of the global capitalist system, making…
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Globalisation and Global Development: Good Resources
Some useful links to good teaching resources for Globalisation and Global Development. Good resources providing an overview of global trends and global inequalities: Firstly, this 2016 video imagines the world as 100 people, and so illustrates what percentage of people live on less than $2 a day and so on (once you get through the…
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Modernisation Theory Applied to Gender Inequality
Modernisation Theory blames internal cultural factors for women’s subordination in the developing world. It is argued that some traditional cultures, and especially the religious ideas that underpin the values, norms, institutions and customs of the developing world, ascribe status on the basis of gender. In practise, this means that males are accorded patriarchal control and…
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How Private Aid Foundations Influence Economic Policy in Developing Countries
It could be used in the Global Development topics on ‘Organisations in Development’ or ‘the role of Private Aid in Development’ A flow chart of what’s below would run something like this… TNCs (pump their profits into their) – Charitable Foundations (who established) – The Council of Foreign Relations (which influences) – The World Bank…
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Criticisms of the World Bank
The world bank may harm development by forcing countries to pursue neoliberal polices such as privatisation in return for loans.
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The Role of the World Bank in International Development
The world bank provides aid and loans to help the development of the poorest countries, but it has many critics!
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The New Rulers of the World – A Summary
The New Rulers of the World (2001) by John Pilger provides a good example of a Dependency Theory analysis of the consequences of neoliberal globalisation, focusing on Indonesia as a case study. The fact that this is a dependency view of development is quite clear from John Pilger’s own summary of the documentary: “There’s no difference…
