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16 Cards in this Set
- Front
- Back
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critical juncture
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an important historical moment when political actors make critical choices, which shapes institutions and future outcomes
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cold war
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the hostile relations that prevailed between the US and USSR from the late 1940's until the demise of the USSR in 1991
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liberal democracy
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a political system that combines capitalist organization of the economy with a democratic political system
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globalization
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the intensification of worldwide interconnectedness associated with the increased speed and magnitude of cross border flows of trade, investment, and finance, and process of migration, cultural diffusion, and communication
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sovereignty
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a state's claim to exercise authority and effective political control of political decisions within a given territory
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collective identities
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the groups with which people identify including gender, class, race, region, and religion and which are the "building blocks" for social/politcal action
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keynesianism
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economic policy in which state economic policies are used to regulate the economy in an attempt to achieve stable economic growth
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bureacracy
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an organization structured hierarchally in which lower level officials are charged with administering regulations codified in rules that specify impersonal, objective guidelines for making decisions
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rational choice theory
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an approach to analyzing political decisions making/behavior that assumes individual actors rationally pursue their aims in an effort to achieve the most positive net result
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middle level theory
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seeks to explain phenomena in a limited range of cases, in particular, a specific set of countries w/ particular characteristics or a particular type of political institution
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IMF
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sister organization of World Bank, has more than 180 members
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laissez faire
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let do, allow to act freely, state management limited, private market forces are free
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GDP
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the total of all goods/services produced w/in a country
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GNP
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total value of all goods produced and services provided by a country during one year
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PPP
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method of calculating the value of a country's money based on the cost of actually buying certain goods/services
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distributional policies
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political conflicts involving the distribution of valued resources among competing groups
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