This paper examines the liberalization of Madagascar, and its affect on the national economy and the environment, utilizing Wallerstein’s World-systems approach and the derivative theory of Unequal ecological Exchange. The project aims to evaluate the action plan for poverty alleviation put forward by the World Bank Group, and to which degree the plan has been succesful in alleviating poverty, and promoting economic growth. The project furthermore infers a focus on the environmental degradation caused by the liberalized mining industry. The research concludes, that while initial economic trends following the liberalization showcased positive economic trends, political instability and overall poor governance, meant that the economical growth did not translate into poverty alleviation, as forecasted by the World Bank Group. Furthermore, the lack of proper governance and regulation lead to significant environmental degradation. In the end, the research concludes that the liberalization lead to a reproduction of Madagascar’s position as a periphery country, thereby aligning with the Worlds-system theory.
|Uddannelser||Basis - International Samfundsvidenskabelig Bacheloruddannelse, (Bachelor uddannelse) Basis|
|Udgivelsesdato||29 jan. 2016|