Exam 9: Development and Underdevelopment

The "Asian Tigers" (South Korea, Taiwan, Hong Kong, and Singapore) have experienced rapid growth and industrialization in recent decades. Which of the following explains their successful development?

A developing country in debt to the World Bank was offered financial assistance to alleviate the economic crisis if it would abide by certain conditions. The conditions were privatizing state-controlled services, importing goods from developed countries, and ending tariffs protecting local businesses. Which kind of economic theorizing supports this approach to development?

In which time spans did inequality between the rich and the poor decrease, and which policies had an impact on these changes?

Which of the following statements reflects Lester Brown's comments on China's development?

Compare and contrast two of the theories of development outlined in the text. Identify the strategies you think might work and explain why others would not work.

When significant numbers of young people in India give up on their traditional beliefs and practices and embrace Western values, which development theorists would conclude that the country is moving in the right direction?

What is popular resistance? Will it succeed?

List the early historical factors that drastically impeded the global south's ability to develop in the modern era.

Which of the following economists could be identified as a person opposed to Keynesian economic ideals?

According to the text's use of the concept, what is neoliberalism?

Which of the following organizations would support the neoliberal perspective on development?

You watch an economist being interviewed: she speaks passionately against government regulation of business and financial institutions, saying, "The markets will correct themselves." What type of economist would this person be?

Amy's grandparents experienced the Great Depression of the 1930s and share with her the challenges they endured at a time when the unemployment rate was 30 percent. Therefore, it is no surprise that they believe which approach to be the best for the economic development of a country?

What mechanism of commerce and exchange existed between the metropolitan powers and the global south?

According to the text, which of the following outcomes has resulted by the application of dependency theory to explain underdevelopment in the Third World?

What are structural adjustment programs? Are they beneficial and necessary or are they the cause of social disorder and misery? Substantiate your position with examples.

According to the text, what has the term development come to mean in the period after World War II?

Which of the following is a reflection of the globalist Washington consensus?

Dependency theory shows how European colonizing powers blocked the emergence of industrial capitalism in the global south.

According to the text, how many Africans and their descendants worked on plantations in the Caribbean and the United States by the early nineteenth century?