Introduction to International Development, Practice Quiz: Chapter 07

Introduction to International Development, Practice Quiz: Chapter 07

. Today, the concept of ________ has taken on a meaning beyond simply the creation of good market regulation to incorporate the inclusion of a broader set of interests from civil society in state decision-making processes.

. Legitimate governments are based primarily on ________.

. A "state" is defined as ________.

. The idea that the state is needed to destroy the "bottlenecks" that prevent a market-based industrialized economy from developing naturally as expected is associated with the 1950s ________ school of thought.

. Johnson coined the term "developmentalist" state to suggest that a state could target particular sectors for successful promotion, which would lead to improvements in equity through ________.

. Due to the failure of neoliberal market reforms to produce widespread economic growth, there is now a greater acceptance amongst economists of the key role ________ must play in the process of development.

. Overall, neoliberal development policies have ________.

. ________ did NOT adopt the "state planning" model of industrialization.

. The term "compradorial" describes ________.

. The set of economic ideas that counsels state intervention in the economy in order to correct market failures is known as ________.

. The term "embedded autonomy" refers to states that ________.

. Industrialization is a key in development growth because it ________.

. The Weberian definition of the state includes ________.

. ________ coined the term rent-seeking state.

. ________ is the representative of the idea that commodity prices were more volatile and earned less, over time, than industrial goods--because manufactured goods became more sophisticated (while coffee remained coffee). Therefore, developing economies needed industry to be able to reach the same standard of living as northern economies; the policies adopted became known as "import substituting industrialization."

. Governance refers to the maintenance of order with as little government action as possible.

. Government legitimacy is related to citizen support.

. Traditional definitions of the concept of the state are criticized as being too Eurocentric.

. Northern states tended to avoid protectionism during industrialism.

. East Asia developed rapidly by eliminating state involvement in the economy.

. Autonomy refers to a state's ability to defend itself from external attacks.

. The term "developmentalist state" refers to a state that liberalizes its economy and fully integrates into global goods and capital markets.

. By the 1970s, policy-makers and economists became "disillusioned" about the state's role in development.

. According to the Prebisch-Singer hypothesis, commodity prices are more volatile than industrial goods.

. According to Keynesian economic ideas, the state should engage in market interventions.

. In the aftermath of World War II, when many of the independent states of Africa and Asia were created, the lack of evidence for Lewis's "natural" industrialization led to the adoption of Keynesian-oriented policies.

. Sir Arthur Lewis is one of the scholars of dependency theory.

. The World Bank has picked up the term governance to refer to its new-found concern with how well states function in managing markets.

. During the 1980s, part of the neoliberal reforms involved setting up stock exchanges in much of the developing world. But, the experience with emerging financial markets has been largely disappointing.

. The relative dominance of the East Asian state enables it to provide greater leadership to the private sector than is possible in other regions with less dominant states.

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