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inr 3081
final
| Question | Answer |
|---|---|
| unweighted inr inequality (Millanovic) | concept refers to diff between countries mean incomes as measrued by their gdp witout taking account population size. |
| weighted inr inequality (Millanovic) | concept refers to countries mean incomes measured by gdp while taking into account population size. |
| global/world inequality | refer to income inequality between the individuals of the world regardless of their nation they live. |
| inr inequality | inequality between nations measured by the differences in their mean incomes |
| mnc | or trnasnational corporation, enterprise that controls and manages production establishments in atleast 2 countries (Oakley). the multinational form in which global capital accumulation is organized, the embodiment of transnational capital (Robinson) |
| Liberal Premise on globalization and inequality | economic globalization stimulates growth and development around the world. openess to trade and investments boost growth and growth raises standards of living. as income level rises, poverty reduces and economically marginalized bein to prosper. |
| impacts of global inequality Wade | higher poverty, specifically lower contribution of economic growth to poverty reduction -higher unemployment rate -higer crime rate -lower average health -weaker property rights -slower transition to democratic regimes, and more fragile democracies. |
| global inequality doesnt matter | its just an idea too abstrat an the world lacks a government an entity that should in principle, be in charge of inequality |
| global inequality does matter | increases peoples awareness of each other and highlights incomes differences. As we increase our awareness of the globe as a whole, poverty and inequality elsewhere will affect many more of us than they do today. |
| Alleviating Global Inequality | 1. transfers should flow from rich to poor countries 2. transfers flow from rich to poor in nation state 3. rich people in rich countries should be taxed in favor of poor people in poor countries, |
| Solutions for Global Inequality | challenge rules of inr trading system(wto) to benefit poor. ensure decision making at global level is more democratic public policy should even up opportunities, so that ones country of birth doesnt factor into wealth as much. |
| bretton woods and inequality | credited with global ecnomic growth but little benefit to south in growth. |
| Liberals and North south relations | ldc economic problems come from ineffecient domestic policies than from their dependent position in global economy. ldc's should follow open, market oriented policies. |
| Realists and North SOuth relations | north preoccpied with issues of power and influence tend to ignore the economic interests of poorer south 3rd world want power and control as much as wealth. |
| historical materialists and north south relations | it is not true ldc economic problems result from inefficient domestic policies. powerful capitalist states that control the global economy prevent ldc's from developing countires. elite in north and south to reinforce pattern of ldc dependency. |
| Peter Evans definition of of development state | state that presides over industrial transformation and that also plays a role in making it happen. |
| predatory state | extracts at the expense of society |
| developmental state | pursues collective goals not "individual maximization" and while being autonomous, is embeded in society. |
| Robert Wade definition of developmental state | syneregestic connection beteween a public system and mostly private market system, the outputs of each becoming inputs for the other, with government setting rules and influencing decision-making in the private sector |
| Woo-Cummings definition of developmental state | shorthand for the semaless web of political, beaucratic, and moneyed influences that structures economic life in capitalist NE asia. response o world dominated by the west. plan rational capitalist developmental state conjoins private ownership and state |
| liberals on development state approach | market has its own bylaws of supply and demand, from which state+society have to adjust. theorists see dev. state as the engine of economic development which guidelines the functioning of market. |
| realist and development state approach | realists look at the state as a unitary actor, a hegemonic state thjat considers control over the market as a strategy to maintain and consolidate power in the inr. arena. theorist recognize political groups within state. |
| realist and development state approach continued | realist state intervenes into the market to ensure power, whereas the dev. state intervenes into market mainly to promote national economic development. |
| Historical Materialist and Dev. State Approach | agree with theorists on idead that state is not insulated from society. disagree on nature of state. materialists consider state captive of interest or elite groups, where as a theorists say dev. state although embeded in society as being autonomous. |
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