Essay

History of Development Trajectories and Outcomes

2 views 0 purchase

Course
BUS147

Institution
Lakeland College ( )

To better understand and explain the current global economic and development trajectories, it’d be important to go back at least 65 years. This period is immediately after the end of the Second World War and the beginning of the Bretton Woods organizations. These organizations, which included th...

[Show more]

Preview 1 out of 3 pages

View example

Uploaded on May 7, 2021
Number of pages 3
Written in 2020/2021
Type Essay
Professor(s) Unknown
Grade A

global economy
development narratives
geographical and institutional explanations of development patterns around the world have converged in the era of globalization

CA$6.03

Add to cart

Add to wishlist

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Surname 1

Name

Instructor

Course Title

Date

History of Development Trajectories and Outcomes

To better understand and explain the current global economic and development

trajectories, it’d be important to go back at least 65 years. This period is immediately after the

end of the Second World War and the beginning of the Bretton Woods organizations. These

organizations, which included the World Trade Organization (WTO), World Bank, and the

International Monetary Fund (IMF), have played a significant role in tracking and recording the

trajectory of development through open markets (Robinson & Acemoglu, 19). Although the

United States, Europe, China and most of Latin America had started their accounts earlier, global

development, guided by international trade and globalization, began with these international

organizations.

The narrative of development has only recently been merged. Before Bretton Woods, the

theory world inequality as observed by Robinson and Acemoglu (41) was entirely new. Two

countries, regions, or groups of people cannot be unequal unless they are comparable. Different

sections of the world became comparable when they started trading with each other under

common rules of engagement. It is also within the same period of 1950s that transport,

communication technology, and global cooperation initiatives picked up. The colonized nations

of the world gained independence from colonizers and joined the league of sovereign nations in

charge of their own destinies and accounts.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller klausspader. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$6.03. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

56326 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling