Question 1

Describe the newly industrialized countries of the Global East.

Accepted Answer

The answer of Describe the newly industrialized countries of the...

Question 2

In attempting to explain the persistent underdevelopment of the Global South, some theorists direct attention primarily toward what happens within these countries whereas others focus on the position of developing countries in the world political economy. Compare the modernization and dependency theories on the causes of the economic gap between rich and poor countries. Which one do you find more convincing? Why?

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The answer of In attempting to explain the persistent underdevelopment...

Question 3

Remittances constitute more than double the global total dollars in

Accepted Answer

Remittances are financial transfers from migrants to their home countries and often exceed the total amount of foreign aid provided globally.

Question 4

Distinguish between the first and second waves of European imperialism. What ideological / economic themes marked the first wave? How did imperialism and realpolitik play a significant role in the second wave of imperialism?

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The answer of Distinguish between the first and second waves...

Question 5

Common goals for foreign aid include which of the following?

Accepted Answer

All of the above are common goals for foreign aid. Environmental protection, reduced military spending, increased power for women, and promotion of democratic governance and human rights are all important factors in promoting sustainable development and improving the well-being of communities receiving foreign aid.

Question 6

The native ethnic and cultural inhabitant populations within countries, referred to as the 'Fourth World" is called ____________________.

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The answer of The native ethnic and cultural inhabitant populations...

Question 7

To break out of their dependent status, countries within the Global South have pursued various industrialization strategies. Import-substitution industrialization and export-led industrialization are two of the most common strategies. What are the differences between these two strategies? Which has been more successful, and why?

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The answer of To break out of their dependent status,...

Question 8

What does LLDC stand for?

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The answer of What does LLDC stand for?...

Question 9

The Global South's New International Economic Order wanted to

Accepted Answer

The New International Economic Order aimed to address various issues including replacing outdated economic structures, amplifying the voice of developing countries, forming coalitions, and reducing dependency on developed nations.

Question 10

Foreign direct investment (FDI) is

Accepted Answer

Investment by MNCs in states in the Global South is considered foreign direct investment (FDI).

Question 11

"Conditionality" in foreign aid refers to

Accepted Answer

Conditionality in foreign aid refers to the requirements or conditions that recipient countries must fulfill to receive assistance, such as implementing specific policy changes or reforms.

Question 12

Which of the following is considered a form of foreign aid?

Accepted Answer

All the options listed (grants of money, loans at low rates, shared technical expertise, and military assistance) are considered forms of foreign aid.

Question 13

Countries of the Global South that have achieved economic success by participating in the global trade free system are called

Accepted Answer

Newly industrialized countries (NICs) are nations that have transitioned from being primarily agricultural to being primarily industrialized, achieving economic success through participation in the global trade system.

Question 14

Name one regional trade arrangement that seeks to promote economic growth among its members.

Accepted Answer

The answer of Name one regional trade arrangement that seeks...

Question 15

Discuss the importance of remittances in regards to its contributions to another country's GDP? In what ways would this have an affect on that country's quality of life and its effects on immigration?

Accepted Answer

The answer of Discuss the importance of remittances in regards...

Question 16

Many donor nations become frustrated with slow growth rates of Global South nations because

Accepted Answer

Donor nations often perceive that the slow growth rates in Global South countries are due to a combination of factors, including resistance to adopting Western values, entrenched traditional values, lack of entrepreneurial spirit, and criticism of consumerism, leading to frustration.

Question 17

Which of the following is not a regional trade regime?

Accepted Answer

APDC is not a regional trade regime; it does not refer to any known trade agreement or economic bloc.

Question 18

____________________ are the monies earned by immigrants working in rich countries (which almost exceeds the income they could earn working in their home country) that they send to their families in their country.

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The answer of ____________________ are the monies earned by immigrants...

Question 19

How have the NICs (newly industrialized countries) achieved a high level of economic development?

Accepted Answer

The answer of How have the NICs (newly industrialized countries)...

Question 20

Why is the existence of dual economies problematic for developing states?

Accepted Answer

The answer of Why is the existence of dual economies...

Quiz 5: The Global South in a World of Powers