Political Economy and Authoritarianism

Flashcards covering key concepts from the lecture on Political Economy, Authoritarianism, and the Policy Cycle.

During the Cold War, states were vocal about the nature of their economies: they were either __ or Socialist.

Capitalist

Capitalist economies are rooted in classic liberalism, which is a political and economic model of a __ state.

minimalist

Communist economies practiced __ socialism.

state

Economic decisions in a communist system are made at __ levels of government.

high

As the Cold War showed, capitalism was considerably more economically successful than __ socialism.

state

Democratic countries have a tendency to be __ or mostly so.

capitalist

Globalization has forced us to rethink political economy and has introduced new pressures from the __ market.

global

Modern liberalism (USA term) and Social Democracy (European term) are the modern adjustment to pure __.

capitalism

The state controls and owns important sectors of the economy in __ capitalism.

State

Some states have high levels of poverty and are not developing in any significant way, defined as __ states.

dependent

Trade in the modern era has changed dramatically; goods are no longer produced in one place and __ to others.

exported

The origins of the modern state system are rooted in the __ of Westphalia, which ended the 30 Years War in 1648.

Peace

States are defined by four features: Territory, Population, Government, and __.

Legitimacy

A state’s __ can be affected by numerous influences.

sovereignty

Another major political actor that is often confused with the state is the __.

nation

The major reason for the nation/state disconnect is that not every __ gets its own state.

nation

Some forms of government include autocracy, oligarchy, and __.

theocracy

Democratic backsliding often features a decline in __ liberties.

civil

The policy cycle consists of five stages: Agenda setting, Formulation, Adoption, Implementation, and __.

Evaluation

Rational models of policy making suggest we pursue our goals in the most __ manner possible.

cost-effective

The main idea behind __ models is that policy is a compromise between disparate interests.

incremental

Democratization is the process by which __ states become democracies.

authoritarian