Development in the Global South

I.   Economic Development

A.  Definition

B.  Rich-Poor Gap

C.  Capitalist Prescriptions

D.  Socialist Prescriptions

II.  Less Developed Country (LDC) Experiences

      A.  Newly Industrializing Countries (NICs)

1.  The Four Tigers

2.  Strategies of Each

3.  Special Conditions of Each

B.  Other LDC Successes

C.  China

1.  From "Iron Rice Bowl" to "Market Socialism"

2.  Economic Growth and Its Consequences

III. Lessons Derived From These Experiences

A.  Common Themes

B.  Import Substitution and Export-led Growth

C.  Concentration of Capital for Manufacturing

1.  Trade-offs

2.  Strategies

D.  Authoritarianism and Democracy

1.  An Authoritarian Model?

2.  USSR vs. China

3.  Problems with the Authoritarian Model