State of the State

Quiz Content

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. 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.

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. Legitimate governments are based primarily on ________.

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. A "state" is defined as ________.

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. 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.

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. 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 ________.

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. 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.

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. Overall, neoliberal development policies have ________.

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

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. The term "compradorial" describes ________.

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. The term ___________ is often used to suggest that developing states may not be as capable of weighing technical decisions as their counterparts in the North.

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

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

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. The Weberian definition of the state includes ________.

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. Who was it that began to acknowledge that non-market factors, particularly institutions, could play a major role in the healthy functioning of markets, implying a subtle but important shift away from neoliberal perspectives?

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. ________ 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."

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. The term ________ is often used to mean the degree of "insulation" that a state enjoys from social and external forces.

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. A situation of low growth and high inflation is known as what?

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. In the developing world, states were carved out ____________.

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. The way borders were often drawn across ethnic or religious lines caused ____________.

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. The states set up by colonizers ____________ despite their artificiality

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. Mercantilism______________.

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. Thomas Hobbes thought that ____________.

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. Rousseau's idea of states _____________.

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. The local administrations of colonies usually ______________.

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. The rivalry between the United States and the Soviet Union ______________.

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

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. Government legitimacy is related to citizen support.

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

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. Northern states tended to avoid protectionism during industrialism.

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

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

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

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

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

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

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

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. Development scholars in the 1950s expected that, as Southern agriculture was modernized, the released labour surplus would be free to move to cities and form a cheap industrial labour pool, creating a positive cycle of growth and employment and thus no need for state leadership.

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

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. 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.

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. 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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. The Chilean Miracle was based on the ability of state-led development.

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. Chile undertook the privatization of all state-owned companies.

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. East Asian more centralized states provided greater leadership to the private sector than in other regions with less dominant states.

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. The theory of value chains was suggested by Gereffi and Korzeniewicz.

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. Costa Rica and Nicaragua are two notable examples of states attempting to capture small subsectors of the it industry.

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. The state is never considered an efficient market regulator, ensuring adequate contract enforcement and market-based information.

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. Institutions could play a major role in the healthy functioning of markets.

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. Governance refers how well states function in managing public institutions.

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. Public–private partnerships are derivations of post–World War II Keynesian state notions.

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. Good governance counteracts against corruption.

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