Exam 7: The Imf, Global Inequality, and Development

Most of the reduction in poverty we have seen over the last decade or so has occurred in _________________ and ______________.

Dependency theory is most closely associated with a ___________________ perspective on international relations.

According to neoliberalsim, developing nations should be as economically self-sufficient as possible.

Liberal/neoliberal economic theory assumes that economic development is possible for all nations in a capitalist international order.

The World Bank led the way in providing structural adjustment loans.

The experience of India in the 1990s is usually invoked to illustrate the

Voting within the IMF is based on each country's ______________________.

In the IMF voting power is based on

What is the "Washington Consensus" and how did it influence IMF policy toward developing countries?

Neocolonialism refers to

______________________ development strategies tried to promote development by directing investment to, and protecting new industries from, foreign competition.

One of the problems facing many developing nations during the 1970s was OPEC's decision to increase the price of ______________.

According to dependency theory, political independence inevitably leads to economic growth.

The precedent of IMF loan conditionality was established in the Mexican debt crisis of the early 1980s.

The 1970s debt crisis for many developing nations was caused in part by

According to _____________________, multinational corporations are likely to do more harm than good, exploiting poor nations without promoting genuine development.

Why did the end of colonialism not lead to the hoped for growth and development throughout large parts of Asia and Africa?

Declining terms of trade refers to

Which of the following was a component of structural adjustment loans?

The IMF is run according to the principle of one nation, one vote.