CPO2001 Midterm 1 Vocab Review

Endogeneity

The problem of identifying and distinguishing cause and effect

Institutions

Organizations or activities that are self-perpetuating and valued for their own sake

Clientelism

When the state gives benefits to political supporters

Co-optation

Members of the public are brought into a beneficial relationship with the state and the government

Corporatism

When citizens are forced to participate in state-sanctioned groups

Emergency rule/president’s rule

Martial law countrywide/statewide

Import substitution

Mercantilist strategy of development in which local production is protected from imports

License raj

India’s highly bureaucratized and politicized mercentalist system of licenses, permits, and quotas governing virtually all aspects of the economy

Naxalism

Radical Maoist (guerrilla communist) insurgency in India

Parastatal

Industry partially owned by the state

Abenomics

PM Shinzo’s 3-prong plan for economic recovery (raising inflation, budget increases, and structural reform)

Capitalist developmental state

Japan’s modern neomercantilist state, which has embraced both private property and state economic intervention

Meiji Restoration

End of Takugawa shogunate, rapid modernization and industrialization in Japan

Shogun

Hereditary commander in chief in feudal Japan

Sakoku

Tokugawa Japan’s policy of forced isolation

Tokugawa

The military clan that unified and ruled Japan from the 17th-19th centuries

Lichbach and Zuckerman - Research Traditions & Theory

Rational choice, culturalism, structuralism, behavioralism

King, Heohane, & Verba - The Science in Social Science

Four features of science (generalizability, reliability and replicability, outcome unknown, science is the process), challenges (complexity and rarity)

Herbst - Weak States

African weak states, how war helps weak states become better

Rotberg - Failed States

Definition of a failed state, how they’re created, consequences

Alesina & La Ferrara - Ethnic Diversity and Economic Performance

Benefits productivity, reduces utility of public goods

Fearon & Laitin - Ethnicity, Insurgency, and Civil War

More diversity doesn’t mean more civil war, but more insurgency does

Adam Smith - The Wealth of Nations

Division of labor good, market regulation bad

Daron Acemoglu - Root Causes: The role of institutions in economic development

Institutions have more role than geography in economic development, looks at pre vs. post-European colonialism