Prompt: The 1970s and 1980s represented a key moment of redefinition in the official discourses of “Development.” Rather than prioritize national economic growth through national industrialization, key institutional actors such as the IMF and World Bank and transnational corporations began emphasizing the importance of fostering transnational connections to the broader global economy as part of a neoliberal shift. Drawing on required and recommended texts throughout the quarter, compare and contrast two different approaches to market-led development that have relied on cultivating transnational connections to the global economy. What are the strengths and limitations of these approaches for achieving what Amartya Sen (1999) calls “development as freedom”–that is, the capacity to realize one’s full potential as a human being? Agreements that cultivated Transnational relationships: -How the Philippines used domestic workers as a form of an export of commodities. Relting on foreign demand.
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