Crash Course Economics

Debt, Dependence and Development in Historical Perspective with Andew Fischer

October 19, 2020 Andew Fischer Season 2 Episode 1
Crash Course Economics
Debt, Dependence and Development in Historical Perspective with Andew Fischer
Chapters
2:11
Rodrigo introduces the new “Debt crisis in the global south, and radical solutions”
3:44
Sara introduces Andrew Fischer
5:31
Andrew Fischer starts his presentation: Understanding the past
8:01
External constraints of Late Development
9:33
Generate trade deficits because of import intensity and dependence
11:43
Structural: Technological and input characteristics of production and consumption
13:00
Foreign exchange (forex) becomes a specific constraint
14:05
Symbiosis with aid (or forex) absorption
17:11
Two strategies countries can apply to escape the external constraint
19:06
Republic Of Korea, Brazil, China
25:34
Neoliberal Era: Liberalization and Fictionalization
28:19
Zambia
29:50
Ethiopia
30:38
Philippines
31:00
Cambodia
31:13
Conclusion
32:18
Q&A: Good debt vs bad debt?
37:34
Q&A: Distorting economies as aim
38:39
Q&A: How to prevent FDI taking the lead again?
42:52
Q&A: World Bank and IMF, & Structural Adjustment programs
48:49
Q&A: External factors or domestic decisions?
51:00
Q&A: Industrialization and the Philippines
55:10
Q&A: Capital Controls
57:55
Q&A: Industrialization by specialization in primary commodities?
1:01:54
Q&A: QE Seventies on Steroid
Crash Course Economics
Debt, Dependence and Development in Historical Perspective with Andew Fischer
Oct 19, 2020 Season 2 Episode 1
Andew Fischer

Sara Murawski en Rodrigo Fernandez speak with Andew Fischer about Debt, Dependence and Development in Historical Perspective.

This lecture presents several past and present cases to demonstrate this dynamic and its continuing importance for facing the challenges of contemporary economic development, including the imperative of global redistribution.

---

About Crash Course Economics
Crash Course is a platform designed to open up debate on how we can move out of the current crisis and make the necessary steps towards achieving social, economic, ecological and regenerative justice.

Crash Course is inviting global experts to break down complex issues in lay terms and make them accessible to all so that we can understand how to shape our economic system for a just recovery and future.

Website: https://crashcourseeconomics.org/

Newsletter: http://eepurl.com/g54ZMD

Podcast: http://podcast.crashcourseeconomics.org/

Twitter: https://twitter.com/CrashEconomics

Facebook: https://www.facebook.com/Crash-Course-113416687059951

Show Notes Chapter Markers

Sara Murawski en Rodrigo Fernandez speak with Andew Fischer about Debt, Dependence and Development in Historical Perspective.

This lecture presents several past and present cases to demonstrate this dynamic and its continuing importance for facing the challenges of contemporary economic development, including the imperative of global redistribution.

---

About Crash Course Economics
Crash Course is a platform designed to open up debate on how we can move out of the current crisis and make the necessary steps towards achieving social, economic, ecological and regenerative justice.

Crash Course is inviting global experts to break down complex issues in lay terms and make them accessible to all so that we can understand how to shape our economic system for a just recovery and future.

Website: https://crashcourseeconomics.org/

Newsletter: http://eepurl.com/g54ZMD

Podcast: http://podcast.crashcourseeconomics.org/

Twitter: https://twitter.com/CrashEconomics

Facebook: https://www.facebook.com/Crash-Course-113416687059951

Rodrigo introduces the new “Debt crisis in the global south, and radical solutions”
Sara introduces Andrew Fischer
Andrew Fischer starts his presentation: Understanding the past
External constraints of Late Development
Generate trade deficits because of import intensity and dependence
Structural: Technological and input characteristics of production and consumption
Foreign exchange (forex) becomes a specific constraint
Symbiosis with aid (or forex) absorption
Two strategies countries can apply to escape the external constraint
Republic Of Korea, Brazil, China
Neoliberal Era: Liberalization and Fictionalization
Zambia
Ethiopia
Philippines
Cambodia
Conclusion
Q&A: Good debt vs bad debt?
Q&A: Distorting economies as aim
Q&A: How to prevent FDI taking the lead again?
Q&A: World Bank and IMF, & Structural Adjustment programs
Q&A: External factors or domestic decisions?
Q&A: Industrialization and the Philippines
Q&A: Capital Controls
Q&A: Industrialization by specialization in primary commodities?
Q&A: QE Seventies on Steroid