"We are told that to qualify for the assistance of the international financial institutions, we must slash our spending on health, education, and social services, and open our domestic markets to foreign competition. But the logic of these structural adjustment programs ignores the reality that a state cannot build a stable economy on the backs of an impoverished and uneducated workforce. The conditions imposed upon us do not foster development; rather, they compromise our national sovereignty and bind us to a global system where the terms of trade are permanently tilted against the developing world."
— Julius Nyerere, former President of Tanzania, address to the international community, 1980s
The critique expressed in the passage most directly challenges which of the following assumptions of global economic institutions in the late twentieth century?
- The belief that implementing privatization and reducing government intervention are necessary prerequisites for sustainable economic growth.Cevap
- BThe idea that accumulating bullion and establishing state-controlled trade monopolies are the primary means of ensuring national prosperity.
- CThe assertion that direct territorial annexation and administrative governance of foreign regions are required to integrate them into global trade networks.
- DThe view that the introduction of high-yielding crop varieties and chemical inputs is the most effective way to eliminate poverty in developing societies.