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Democracy
Representative system: participation, competition, rule of law
(Differences)Liberal Vs. Social Democracy
Welfare State (SD)
No Market intervention (Liberal)
(Similarities)-Liberal vs Social Democracy
Both support democratic system + individual freedom; competitive economy; competition/participation in political system; Regime type.
Libertarian
In between anarchism & liberalism
Social Democracy
Balance of freedom and equality. Need government intervention
Liberalism
Accomplish as much as liberty equality over anything else
Political Ideology of Democracy
Freedom and equality as core values
Head of State vs. Head of Government
State=symbol; Gov=policymaker
Parliamentary System
Executive + Legislative together. No separation of powers. One Head of State and One Head of Government. Vote of No confidence.
Presidential System
Two separate elections for president and executive branch. Separation of powers. Head of State and Head of Gov are one person.
Vote of No Confidence
Forces Head of Government out.
Semi-Presidential System
Voters elect President and Executive Branch. Head of Government (PM) in charge of domestic (state) policies; Head of State (Pres) in charge of international policies (Foreign).
Executive Power (Semi-Presidential)
PM: has power to create and enforce legislation within the State
President: Head of State. Deals with International policy
Proportional Representation
an election system that uses multimember districts where the percentage of votes a party gets equals the percentage of seats they receive, and it ensures more voter turnout.
Multiple Member Districts
Used in PR; multiple members selected.
Seats in PR
Seats proportional to votes.
Closed Party List
Voters vote for party → They choose order.
Open Party List
Voters choose their favorite candidate.
Electoral Threshold
Countries set minimum % a party must get.
Downside to PR
Gerrymandering is a downside to block system.
SMDP (Single Member District Plurality)
Winner takes all; leads to two-party system.
Mixed Electoral System
Combination SMDP + PR (Germany).
Transition to Democracy
Negotiated pact by elites/citizens.
Why democracy helps economic development
Leads to more overall stability & industrialization.
Obstacles to Democracy
Urbanization, Education, Reconstruction, Strong States.
Why European Influence?
Must be democratic to join.
Democratic Consolidation
Takes a long time for a country to become democratic.
Transition to Authoritarianism
Usually because of military coups.
Military Coup factors
Military in power, Bureaucratic Authoritarianism, Illness, Public Support.
Revolution tends to lead to
Authoritarian Systems
Democratic Backsliding
Slowly change democratic institutions to concentrate/exercise power. Long-term overpower the system.
Signs of Democratic Backsliding
Manipulation of trust, Repression.
Political Economy
The relationship between states and markets; How decisions affect how they interact
Essential Roles of the Government (Has to be involved in)
Security, Contracts, Currency
Monetary Policy
How much money allowed in the economy
What is Monetary Policy in charge of
Central Bank (Federal Reserve) & Interests Rates
Interest Rates
Cost of Borrowing money
Protectionism
Actions government take to prevent citizens from something
Gross Domestic Product
Total value of goods/services of a country in a year
Per Capita
Goods/Services per person
Human Development Index
Looks at levels of inequality, health and education, and how the money is divided
3 ways countries try to promote economic growth
Import-Substitution Industrialization, Export-Oriented Growth, Economic Liberalization
Import-Substitution Industrialization Method
Reduce dependence on international trade and investment, and increase demand for local alternatives. Promotes industrialization domestically.
Export-Oriented Growth
Work to attract foreign investors to build up economic sectors that compete internationally. Focused on exporting highly profitable goods to foreign countries. (EX: Japan, South Korea, Thailand)
Economic Liberalization
Decrease business barriers and reduce the role of government in the economy to create a more competitive business environment. Let the markets figure it out.
3 Branches of Government
Executive, Legislative, Judicial.
Executive Branch
Enforce laws and legislation. Put work into practice.
Legislative Branch
Law makers. Make/Pass legislation throughout State.
Judicial Branch
Checks legislation so that it’s in line with constitution. And checks disputes that go on in country.