Debt, Dependence and Development in Historical Perspective with Andew Fischer
Crash Course Economics
00:00
Navigating Historical Constraints in Development Economics
Explore the challenges faced by late developing countries in industrializing post-war, emphasizing import dependence, trade deficits, and the perpetual need for foreign exchange. The chapter delves into the intricate dynamics of economic development through the lens of debt, foreign ownership, and import intensiveness, highlighting the ongoing struggle of balancing development goals with external constraints.
Transcript
Play full episode
