Exam 11: Political Economy of Development

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With economic growth in China, inequality has

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Explain and illustrate with real-life examples three distinct aspects of economic globalization in the Global South.

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Most common answers will be increased trade, increased foreign direct investment, and dramatic expansion of international capital flows.

For the first several decades of its independence, India pursued ______ policies.

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According to Kaplan (2013), Latin American countries that relied more heavily on bonds to finance development maintained strong fiscal austerity than countries that relied more heavily on loans.

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SELECT ALL THAT APPLY.Which of the following organizations are involved in international economic development?

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Movements of capital in the form of money across international borders are known as

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Briefly describe the recent economic reform efforts in China.

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What is the difference between export-oriented growth (EOG) and import-substitution industrialization (ISI)?

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The most unequal region in the world is

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Which of the following category of states would have been most likely to adopt Import-Substitution Industrialization?

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Which of the following posits that the state should let the market operate more or less freely?

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Which are the main arguments explaining the lack of African growth?

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Which of the following regions best demonstrates the worst economic failure in the age of globalization?

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According to ISI, by increasing the number of imported manufactured products, postcolonial governments can encourage domestic and international investment in new industries.

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Inequality is higher in middle-income countries like Mexico even though absolute poverty is quite low there.

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The program that converted many of China's collective farms into family-operated enterprises in the late 1970s and early 1980s was known as the

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Mexico is a classic case of the shift from ISI to neoliberal economic policies in developing countries.What have been the benefits and costs of neoliberal policy in Mexico? Weighing these costs and benefits, has the neoliberal model benefitted the country overall?

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Mexico shifted from ISI to ______ policies in the 1980s.

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Provide two potential missing factors in the relationship between democracy and development.

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SELECT ALL THAT APPLY.The Millennium Development Goals set a target to

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