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3 or 4 pages essay- College Paper Lab | collegepaperslab.com
1. Chapter 11 of Cohn presents the debt crisis of the 1980s and the financial crisis of the 1990s. Describe each of these major crises and identify the major causes. How had foreign direct investment changed in the 1990s from the 1980s? For each of the crises, describe the solutions that were used or that were considered. Which solutions were preferred by orthodox liberals? Which solutions were preferred by interventionist liberals?
2. Various strategies have been advocated and used to promote LDC development. Identify and describe four major LDC development strategies or perspectives. Now describe the successes associated with each of the four strategies. What are the failures with each? Explain how the different perspectives of orthodox liberals, interventionists liberal and Historical Materialists viewed each of the four strategies. Which strategy seems best for today? Explain.
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