Exam 11: Political Economy of Development

SELECT ALL THAT APPLY.In the agenda of "good governance" states need to effectively and efficiently provide which of the key requisites for capitalist development?

The 1997-1998 East Asian financial crisis made the world aware that

Since the 1990s, neoliberal economic reforms in Brazil

The idea that a developing state should protect its new industries by placing restrictions on international trade is referred to as

The relationship between democracy and development has been long established; the direct effect of the level of democracy on growth is slightly negative.

SELECT ALL THAT APPLY.In addressing the "Bottom Billion" the World Bank advocated

Under what type of regimes have economic reforms in Africa been implemented?

Areas along the Chinese coast allowed to engage in external trade starting in 1980 were known as

Is there any relationship between economic development and regime type? Please explain in detail the position that you endorse.

Structural adjustment programs

Large amounts of oil reserves in Iran have led to

Explain the "dual track" market system enacted by China in 1984.What was its purpose? Did it reach its goal?

Import-substitution industrialization is based on neo-liberal principles of reduced government protection of industries, fiscal austerity, and privatization.

SELECT ALL THAT APPLY.The "Pink Tide" in Latin America refers to

The Asian economic miracle occurred in large part thanks to

Developmental states usually follow neoliberal fiscal and monetary policy, keeping inflation low and their currencies stable and realistically valued vis-à-vis others.

Most of Nigeria's economic policy is focused on oil revenue.

SELECT ALL THAT APPLY.Using to the "flying geese" theory, which Asian country was the "lead goose" for Asian development?

SELECT ALL THAT APPLY.The Human Development Index reflect Sen's capabilities definition of development and includes

List the four main Millennium Development Goals.