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15 Cards in this Set

  • Front
  • Back
NATO
the military alliance of 26 nations of North America and Europe, NATO fundamental purpose is to safeguard the security of its member states by political and military means. In the post-cold war world, NATO has been playing an increasingly important role in crisis management and peace-keeping
IMF
World Band International Monetary Fund. WB and IMF are sister organizations. IMF:"working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty"
globalization
the intensification of world wide interconnectedness associated with the increased speed and magnitude of cross-border flows of trade, investment and finance, and processes of migration, cultural diffusion, and communication.
authoritarianism
a system of rule in which power depends not on popular legitimacy, but on the coercive force of political authorities.
European Union
an association of European countries formed in 1958 for the purpose of achieving political and economic integration.
World Trade Organization
an international organization that establishes rules for international trade through consensus among its member states. It also resolves disputes between the members, which are all signatories to its set of trade agreements.
middle-level theory
seeks to explain phenomena a limited range of cases, in particular, a set of countries with particular characteristics, such as parliamentary regimes, or a particular type of political institution or activity
rational choice theory
an approach to analyzing political decision-making and behavior which presupposes that individual actors pursue their aims in an effort to achieve the most positive net result. The theory presupposes equilibrium and unitary actors. Rational choice is usually associated with the pursuit of selfish goals, but the theory permits a wide range of motivations, including altruism.
GDP
calculation of the total good and services produced by the country during a given year
GNP
GDP plus income earned abroad by the country's residents
PPP
purchasing power parity: takes into account the actual cost of living in a particular country by figuring what the purchasing price of the same goods is in in dfferent countries.
HDI
index used by UN. measures a country's average achievements in three basic aspects of human development: longevity, knowledge, and standard of living.
GDI and GEM
HDI adjusted to account for inequalities between men and women. GEM measures gender inequality in three basic dimensions of empowerment: economic participation, political participation, and power over economic resources.
CPI
ranks countries in terms of the degree to which corruption is perceived to exist among public officials and politicians. 0 (low) - 10(high)
ESI
a composite index tracking a diverse set of socioeconomic, environmental, and institutional indicators that characterize and influence environmental sustainability and the national scale. higher=better