Ch 29: International Economic Development

About This Chapter

This chapter contains lessons on the major international organizations and explains economic development in detail. View the video lessons to review content that covers globalization considerations including its effects.

International Economic Development - Chapter Summary

A range of international economic development issues are explored throughout the contents of this chapter. Review details on the composition of the World Bank and the International Monetary Fund (IMF). Learn about the three main categories of economic development and examples such as tax incentives.

The material you'll come across in this chapter's video and text lessons covers lesser-developed countries (LDCs), their geographic range and the challenges they face in achieving and sustaining economic expansion. Additional lessons look at globalization and the various dimensions of globalism such as environmental, economic and social and cultural globalism. Some this chapter's main learning objectives include the following:

  • Understand the roles of the IMF
  • Know the institutions that make up the World Bank
  • Provide examples of economic development that represent the three main areas
  • Explain why LDCs find it difficult to grow economically
  • Discuss how globalization effects developed as well as developing nations

You will find that the key terms emphasized in this chapter have been linked to text lessons to help provide you with maximized coverage and preparation. Our professional instructors teach the numerous video lessons for a fun way to learn and review the material. Try the self-assessment quizzes following your completion of lessons to get an idea of your grasp and retention of the content.

5 Lessons in Chapter 29: International Economic Development
Test your knowledge with a 30-question chapter practice test
Less-Developed Countries & Obstacles to Development

1. Less-Developed Countries & Obstacles to Development

Most of the world's population lives in lesser-developed countries struggling to develop and rise out of poverty. In this lesson, you'll learn about some of the major hurdles facing these countries in their quest to develop.

Modernization, Development & Politics

2. Modernization, Development & Politics

The current disparity in international development, wealth and resources across the globe makes economic development an important international issue for the 21st century. In this lesson, you'll learn about development and its relation to international politics.

Globalization & Politics

3. Globalization & Politics

The term 'globalization' gets tossed about quite a lot, but what exactly does it mean? In this lesson, you'll learn what globalization is and how it can affect states and their citizens. We'll also discuss the North-South gap. A quiz follows.

The Impact of Globalization on Developing, Transitional & Developed Countries

4. The Impact of Globalization on Developing, Transitional & Developed Countries

Countries of the world are impacted at different levels by globalization. Learn about the different effects of globalization on developing, transitional, and developed countries and how all these economies are interconnected.

What is Economic Development? - Definition & Examples

5. What is Economic Development? - Definition & Examples

Learn what economic development is and why you may play a part in it every time you purchase something at the store. Find out who sponsors economic development and some of the most common categories and examples of economic development.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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