Question 1

Martin Staniland suggests “how politics determines aspects of the economy, and how economic institutions determine the political process, as well as the dynamic interaction between the two forces” defines:

Question 2

During the 16th and 17th centuries, major European countries were guided by the philosophy of ___________________

which looked at a nation’s economy as means to enhance political power and monarchies.

Question 3

Eighteenth century Scottish economist Adam Smith favored which kind of state involvement in markets?

Question 4

Twentieth century economist Sir John Maynard Keynes, responding to the Great Depression, advocated:

Question 5

Allowing market forces complete free reign, with no government intervention is

Question 6

Since the 1980s, neoliberal economic policies (free trade, free markets, unrestrained capitalism) reduced government economic intervention in:

Question 7

In a command economy:

Question 8

One could conclude that Adam Przeworski is in favor of which form of economic policy?

Question 9

Major weaknesses of command economies include all except:

Question 10

Command economies feature a large class of privileged bureaucrats that enjoy ________________.

Question 11

China’s transition to _________________ has produced one of the world’s fastest growing economies.

Question 12

Chalmers Johnson’s notion of the developmental state is exemplified by which Asian countries?

Question 13

East Asian developmental states intervened actively in their respective economies to guide and achieve goals -all except:

Question 14

Which Asian country’s model for state guided industrial policies served as a model for other Asian countries?

Question 15

Which two Third World countries mentioned in Chapter 10 relied on American trained economists to develop economic policies?

Question 16

Which model for economic development assigns government a very limited role?

Question 17

During the past two decades, countries in Latin America and Africa have reduced government control of economic development because:

Question 18

Third World countries in Latin America have yet to catch up with countries in Asia which have adopted a (an) __________________

strategy to capture international consumer markets.

Question 19

In Hong Kong, Taiwan and South Korea, the export of low tech goods such as textiles, toys and footwear had which long term consequence(s)?

Question 20

Which country is the largest producer of green house gases and emissions that contribute to global warming?