“Development and Debt” 80:20: The Developing World: Episode 4

“Development and Debt” looks at the history of the international development assistance that began in the early 1960s and conditions attached to that aid, often benefitting those providing it more than its recipients. It examines patterns of trade, foreign exchange and the role of the banks in creating a cycle of borrowing and the Third World Debt crisis of the early 1980s.

This compact and comprehensive series explores what could be done to improve living conditions in lesser-developed countries. Dr. Rick McDaniel is originally an American who has spent many years in Canada, working in international development with the YMCA. His experience and personable approach make him the perfect guide for this tour through the hidden complexities of foreign aid. The Dominican Republic, on the Caribbean island of Hispaniola, is used as a point of reference throughout. It was there that conditions aptly illustrate the 80:20 phenomenon—that 80% of the world’s wealth is controlled by 20% of its population. Global inequality has only continued to worsen since the release of this documentary series in 2006.

Directed by: Gretchen Kelbaugh, Connell Smith
Produced by: Gretchen Kelbaugh, Connell Smith, Rowan Ridge Productions, Story First Productions