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PLSC 300D Midterm Review
Terms in this set (34)
Per Capita Income
the average annual income earned per person in a given area - calculated by dividing area's total income by total population.
"Growth is Good for the Poor"
If the world economy does well the poor will do better said by Dollar and Kraay
Purchasing Power Parity
How much $ to buy one basket of goods
The vicious cycles of poverty that prevents a country from developing such as conflict, landlocked, and bad governance.
a violent conflict within a country that is fought by organized groups that aim to take power in the center or a region to change government politics. 1000 deaths per year.
25 deaths per year
Collier causes of war
low income, slow growth, commodity export dependence
not causes of civil war
history, ethnic strife
a sudden, violent, and illegal seizure of power from a government because of low income and slow growth
how much revenue you get after associated costs
When focus is shifted to one sector of an economy causing other sectors to fall behind
the process of assigning a precise method for measuring a term being examined for use in a particular study
organized violence + bad governance (inadequate provision of public goods relative to the ability of society to pay for them)
How to read a table
1) identify dependent 2) identify independent 3) everything above constant is independent 4) look for stars - no stars its orthoginal 5) look at the (-)
using military troops to fulfill foreign policy goals in foreign countries. Some justifications: genocide, governance, self defense, state building
Responsibility to protect; theory that outside powers may intervene to stop regimes from abusing their own citizens
Types of military intervention
Restoration of order, maintaining post conflict peace, protecting against coups
Actors in military intervention
States, IGOs, groups of states, military contractors
Kimberley Process Certification Scheme (KPCS)
A joint initiative involving governments, industry, and civil society to stem the flow of conflict diamonds.
OECD Anti-Bribery Convention
a formal treaty that outlaws bribing public officials in foreign business transactions and sets up review and monitoring mechanisms
Publish What You Pay
Coalition to call for more transparent transactions in the extraction sector
Extractive Industry Transparency Initative
A national standard is set in addition to international standards
Rich Country Trade Policy
look out for themselves, tariffs, protect agriculture, aid
expand their economic growth through production of non-traditional exports
as nations move from the early stages of industrialization toward becoming fully industrialized, they begin to resemble other industrialized societies in terms of societal norms and technology.
always resulting in a particular pattern
Absolute approach: can you purchase essentials? relative: massive inequality subjective: how you see yourself
aid to stimulate growth
a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
The Effects of Trade Policy
can lead to peace or conflict. A complicated relationship but conflict decreases trade.
Collier's policy instruments
military intervention, foreign aid, laws and charters, trade policy, coordination, and focus
helps keep things together and speeds up growth process, increasing aid will diminish results...
Global Compact (UN)
is a non-binding United Nations pact to encourage businesses worldwide to adopt sustainable and socially responsible policies, and to report on their implementation.
The movement of money for the purpose of investment, trade or to produce goods/provide services. Usually regarded as investment into a production operation.
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