Question: In what ways have countries in the developing world benefited from economic liberalization post-WWII? In what ways have they been harmed? On balance, do you
In what ways have countries in the developing world benefited from economic liberalization post-WWII? In what ways have they been harmed? On balance, do you think reducing barriers to trade, investment, and capital have made developing countries better or worse off? What reforms to international institutions or the international environment might afford better prospects to economic growth in the developing world? You might wish to consider some of the following substantive topics in your answer: foreign direct investment, currency and banking crises, globalized production, state-led/import-substitution industrialization, structural adjustment, foreign aid, sanctions.
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