Hamda Khan
Paper 1 Current Political-Economic Context of Global Neoliberalism & The Anthropology of Development
In the last few decades the political geography of the globe has been completely transformed as some of the vast areas that were once known as “colonies” turned into “less developed countries” (Cooper, Packard, 126). The initiation of development work brought about several challenges that were in the realm of expertise of social scientists, thus they started to work with governmental, international and private institutions to promote economic growth and beneficial social change in developing countries. …show more content…
For instance, during the 1990s, Russian per capita income declined to 3.5 percent due to which a large proportion of the population fell into poverty, and as a result, the male life expectancy rate declined to five years (Harvey, 154). Moreover, neoliberalism has had a more negative than positive impact, as Harvey states that those who adopted “sustained neoliberalism” suffered more than those who followed “circumscribed neoliberalism”. For instance, in Sweden, life expectancy rate is higher due to increased rate of income per capita and decreased inflation because Sweden has adopted “circumscribed neoliberalism” (Harvey,
Paper 1 Current Political-Economic Context of Global Neoliberalism & The Anthropology of Development
In the last few decades the political geography of the globe has been completely transformed as some of the vast areas that were once known as “colonies” turned into “less developed countries” (Cooper, Packard, 126). The initiation of development work brought about several challenges that were in the realm of expertise of social scientists, thus they started to work with governmental, international and private institutions to promote economic growth and beneficial social change in developing countries. …show more content…
For instance, during the 1990s, Russian per capita income declined to 3.5 percent due to which a large proportion of the population fell into poverty, and as a result, the male life expectancy rate declined to five years (Harvey, 154). Moreover, neoliberalism has had a more negative than positive impact, as Harvey states that those who adopted “sustained neoliberalism” suffered more than those who followed “circumscribed neoliberalism”. For instance, in Sweden, life expectancy rate is higher due to increased rate of income per capita and decreased inflation because Sweden has adopted “circumscribed neoliberalism” (Harvey,