"Countries at a relatively low level of economic development."
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infrastructure
"Basic structures necessary for social activity, such as transportation and telecommunications networks, and power and water supply."
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Infrastructure Context
a way that domestic factors can affect development. Can be compared with other government policies like the rule of law and regime type which also are domestic factors that can affect development
"Raw materials and agricultural products, typically unprocessed or only slightly processed. The primary sectors are distinguished from secondary sectors (industry) and tertiary sectors (services)."
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primary products Context
a way international trade affects development compared with oligopoly and terms of trade
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primary products Example
Cocoa, Beans, Maize, Rice, etc.
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oligopoly
"A situation in which a market or industry is dominated by a few firms."
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Oligopoly Context
A way international trade affects development compared with primary products and terms of trade
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Oligopoly Example
In the video game industry microsoft, sony, and nintendo dominate the market
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terms of trade
"The relationship between a country’s export prices and its import prices."
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terms of trade Context
A way international trade affects development compared with primary products and oligopoly
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terms of trade Example
A developing country such as Gabon’s terms of trade are particularly important in terms of determining how the economy responds to market fluctuations.
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import-substituting industrialization (ISI)
"A set of policies, pursued by most developing countries from the 1930s through the 1980s, to reduce imports and encourage domestic manufacturing. often through trade barriers, subsidies to manufacturing, and state ownership of basic industries"
During the 1930s to 1980s, developed countries were at war and could not be concerned with the well-being of developing countries. To combat this, developing countries looked inward to spur economic growth without help of developed nations. This can be compared to EOI. did not work well
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import-substituting industrialization (ISI) Example
Strategy by Brazil, Argentina in 1960s to spur development.
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export-oriented industrialization (EOI)
"A set of policies, originally pursued starting in the late 1960s by several East Asian countries, to spur manufacturing for export, often through subsidies and incentives for export production."
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export-oriented industrialization (EOI) Context
During the late 20th century the East Asian Tigers such as China, South Korea rapidly exported technology to spur development in response to developed countries inability to support them. This can be compared to ISI. Worked well
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export-oriented industrialization (EOI) Example
China/South Korea rapid development through exports of mass technology
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Washington Consensus
"An array of policy recommendations generally advocated by developed-country economists and policymakers starting in the 1980s. including trade liberalization, privatization, openness to foreign investment, and restrictive monetary and fiscal policies."
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Washington Consensus Context
Relates to globalization as it facilitated economic globalization by promoting free markets and financial integration, but also sparked debates on its role in deepening global inequalities. Also relates to LDC’s as they are the ones that implemented these policy recommendations
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Group of 77
"A coalition of developing countries in the United Nations, formed in 1964 with 77 members; it has grown to over 130 but retains the original name."
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Group of 77 Context
After WWII African, Asian, and caribbean countries banded together to create the non-aligned movement, pledging not to ally themselves with the American lead west or Soviet lead east. Eventually these relations gave rise to the group of 77. Relates to other international cooperation organizations like NATO.
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commodity cartels
"Associations of producers of commodities that restrict world supply and thereby cause the price of the goods to rise."
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commodity cartels Context
Relates to globalization by influencing global trade flows, prices, and economic stability through coordinated production and pricing strategies. Relates to LDC’s as they attempted to create commodity cartels to make up for international inequalities
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commodity cartels Examples
OPEC
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Terrorism
"premeditated threat or use of violence against noncombatant targets by individuals or subnational groups to obtain a political or social objective through intimidation of a larger audience."
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Terrorism Context
This is a type of way for a nonstate actor to use violence to achieve a political goal. Can be compared to a civil war which is distinguished by its participants not by nature of its targets
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Terrorism Example
9/11 Attacks
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Rationality
purposive behavior or strategies by which individuals or groups pursue their interests
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Rationality Context
Fits into a broader debate of whether terrorists are rational actors. Terrorists might be seen as irrational because the costs outweigh the benefits, it is irrational to be a suicide bomber, and that some terrorist attacks seem to be random
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Rationality Example
Al Qaeda bombed Spanish trains in the 1990s with the rational desire of Spanish removal of troops from their land.
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Extremists
actors whose interests are not widely shared by others; individuals or groups that are politically weak relative to the demands they make
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Extremists Context
Fits into the broader context of why someone might become a terrorist. An extremist can be contrasted with a moderate, who lies in the middle of the bell curve of public opinion
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Extremists Example
ISIS/Hamas
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Terrorism From Incomplete Information
Incomplete information is a bargaining barrier between targets and terrorist groups as it is often difficult for targets to gain information. Terrorist organizations have an incentive to misrepresent their capabilities
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Terrorism From Incomplete Information Context
Fits into the context of terrorism as a bargaining failure. Can be compared to terrorism from commitment problems and terrorism from indivisibility
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Terrorism From Incomplete Information Example
Terrorist organizations such as ISIS usually use cell networks to ensure they are hidden and give as little away as possible.
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Terrorism from Commitment problems
Terrorism as a commitment problem refers to the difficulty in ensuring that both terrorists and their targets can credibly commit to peace agreements, as terrorist groups struggle to control internal factions and disarm, while targets fear that concessions will lead to further demands and encourage new adversaries.
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Terrorism from Commitment problems Context
Fits into the context of terrorism as a bargaining failure. Can be compared to terrorism from incomplete information and terrorism from indivisibility.
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Terrorism from Commitment problems Example
Israel-Hamas are unable to come to an agreement due to the fact that Israel is unaware of whether Hamas will truly come to a peaceful conclusion.
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Terrorism from Indivisibility problems
Terrorism as an indivisibility problem occurs when the goals of the terrorist group and the target are seen as non negotiable or all-or-nothing, making compromise impossible
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Terrorism from Indivisibility problems Context
Fits into the context of terrorism as a bargaining failure. Can be compared to terrorism from incomplete information and terrorism from commitment problems
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Terrorism from Indivisibility problems Example
Religious Territories such as Jerusalem have caused issues between countries in the Middle East due to its historical significance.
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Coercion
a strategy of imposing or threatening to impose costs on other actors in order to induce a change in their behavior. Operates through costly signaling and the threat of future costs
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Coercion Context
Strategy of violence for terrorists. Can be compared with provocation, spoiling, outbidding
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Coercion Example
Al Qaeda bombing Spanish buses in the early 2000s to get them to remove troops from Iraq
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Provocation
a strategy of terrorist attacks intended to provoke the target government into making a disproportionate response that alienates moderates in the terroristsʼ home society or in other sympathetic audiences
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Provocation Context
Strategy of violence for terrorists. Can be compared with coercion, spoiling, outbidding
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Provocation Example
US invasion of Iraq caused sympathetic support for Al Qaeda as it was deemed that the US may have hate towards Muslims.
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Spoiling
a strategy of terrorist attacks intended to sabotage a prospective peace between the target and moderate leadership from the terroristsʼ home society
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Spoiling Context
Strategy of violence for terrorists. Can be compared with provocation, coercion, outbidding
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Spoiling Example
Hamas spoiling prospective Peace between Israel-Palestine
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Outbidding
A strategy of terrorist attacks designed to demonstrate superior capability and commitment relative to other groups devoted to the same cause
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Outbidding Context
Strategy of violence for terrorists. Can be compared with provocation, spoiling, coercion
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Outbidding Example
ISIS demonstrating superiority to
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Terrorist’s Dilemma
Organizations have to balance the need to recruit members with the need for secrecy
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Lone Wolf
Attacks by people who are not part of the organization
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Deterrence
a strategy to preserve the status quo by threatening challengers with unacceptable costs.
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Deterrence Context
Way in which a country might prevent terrorism. Can be compared with preemption, defensive measures, criminalization
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Preemption
Strategy for states to take the initiative and attempt to disrupt or destroy terrorists and their networks before they attack.
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Preemption Context
Way in which a country might prevent terrorism. Can be compared with deterrence, defensive measures, criminalization
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Defensive measures
Actions taken by states to prevent terrorist attacks by increasing the costs and difficulty for attackers, such as enhanced security screenings, physical barriers, and fortified structures.
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Defensive measures Context
Way in which a country might prevent terrorism. Can be compared with preemption, deterrence, criminalization
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Criminalization
States can criminalize terrorism and pursue specific individuals and groups for the attacks they have planned or carried out.
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Criminalization Context
Way in which a country might prevent terrorism. Can be compared with preemption, defensive measures, deterrence
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Victory
terrorist group ceases to exist because they achieved their goals
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Victory Context
A way in which terrorist groups end. This is the least common pathway. Can be compared with transformation, repression by state, decapitation, negotiations, or loss of popular support
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Victory Example
uMkhonto we Sizwe, military wing of the African National Congress in South Africa
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Transformation
group becomes something else
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Transformation Context
A way in which terrorist groups end. Can be compared with victory, repression by state, decapitation, negotiations, or loss of popular support
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Repression by the State
State military effort to eliminate the organization
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Repression by the State Context
A way in which a terrorist group ends. Poor track record, often ends in bloodshed and destruction. Can be compared with victory, transformation, decapitation, negotiations, or loss of popular support
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Repression by the State Example
Russiaʼs campaign against separatists from Chechnya, starting in 1999
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Leadership Removal (Decapitation)
Attacking a group by removing its leader, often done through assassination
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Leadership Removal (Decapitation) Context
A way in which a terrorist group ends. Can be compared with victory, transformation, repression by the state, negotiations, or loss of popular support
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Leadership Removal (Decapitation) Example
Sendero Luminoso in Peru (“Shining Pathˮ) - arrest of Abimael Guzmán in 1992
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Negotiations
Terrorist groups negotiate a compromise with the state
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Negotiations Context
A way in which a terrorist group ends. Very rare as countries often don’t negotiate with terrorists. Can be compared with victory, transformation, repression by the state, decapitation, or loss of popular support
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Negotiations Example
Irish Republican Army/ Sinn Fein and the Good Friday Accords, 1998
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Loss of Popular Support
Terrorist violence turns the public away
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Loss of Popular Support Context
A way in which a terrorist group ends. Very rare as countries often don’t negotiate with terrorists. Can be compared with victory, transformation, repression by the state, decapitation, or negotiations
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Loss of Popular Support Example
Real IRAʼs 1998 bomb in Omagh
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comparative advantage
"The ability of a country or firm to produce a particular good or service more efficiently than the other goods or services that it can produce, such that its resources are most efficiently employed in this activity. The comparison is to the efficiency of other economic activities that the actor might undertake, given all the products it can produce—not to the efficiency of other countries or firms."; countries should do what they do best
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comparative advantage Context
one of the positive aspects of trade; a core concept of the economics of trade
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comparative advantage Example
Brazil producing coffee, US producing technology
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absolute advantage
"The ability of a country or firm to produce more of a particular good or service than other countries or firms do with the same amount of effort and resources."
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absolute advantage Context
bruh idk, like another principle of trade
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absolute advantage Example
Saudi Arabia producing Oil
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Heckscher-Ohlin trade theory
"The theory that a country will export goods that make intensive use of the factors of production in which it is well endowed. For example, a labor-rich country will export goods that make intensive use of labor."
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Heckscher-Ohlin trade theory Context
factors of production
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Heckscher-Ohlin trade theory Example
Indonesia Textile Industry
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protectionism
"use of specific measures to shield domestic producers from imports."
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Protectionism Context
one example of government policy meant to control and contain trade
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Protectionism Example
Trump’s tarriffs
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trade barriers
"Government limitations on the international exchange of goods. Examples include tariffs, quantitative restrictions (quotas), import licenses, requirements that governments buy only domestically produced goods, and health and safety standards that discriminate against foreign goods."
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trade barriers Context
an example of trade protectionism; producers gain and consumers lose; increases inefficiency
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trade barriers Example
tarriffs
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tariff
"A tax imposed on imports. Tariffs raise the domestic price of the imported good and may be applied for the purpose of protecting domestic producers from foreign competition."