UNT PSCI 3810 - Chapter 13 Vocabulary (2 pages)

Previewing page 1 of 2 page document View the full content.
View Full Document

Chapter 13 Vocabulary



Previewing page 1 of actual document.

View the full content.
View Full Document
View Full Document

Chapter 13 Vocabulary

64 views


Pages:
2
School:
University of North Texas
Course:
Psci 3810 - Intern Relations
Intern Relations Documents

Unformatted text preview:

Chapter 13 Vocabulary International Development 1 Economic development the combined processes of capital accumulation rising per capita incomes with consequent falling birth rates the increasing of skills in the population the adoption of new technological styles other related social economic changes 2 Newly industrializing countries NICs 3 four tigers four dragons the most successful newly industrialized areas of East Asia South Korea Taiwan Hong Kong Singapore 4 Import substitution a strategy of developing local industries often conducted behind protectionist barriers to produce items that a country had been importing 5 Export led growth an economic development strategy that seeks to develop industries capable of competing in specific niches in the world economy 6 Microcredit the use of very small loans to small groups of individuals often women to stimulate economic development 7 Technology transfer third world states acquisition of technology knowledge skills methods designs specialized equipment etc from foreign sources usually in conjunction with direct foreign investment or similar business operations 8 Brain drain poor countries loss of skilled workers to rich countries 9 Default failure to make scheduled debt payments 10 Debt renegotiation a reworking of the terms on which a loan will be repaid frequently negotiated by third world debtor governments in order to avoid default 11 Paris Club a group of first world governments that have loaned money to third world governments it meets periodically to work out terms of debt renegotiations private creditors meet as the London Club 12 London Club see Paris Club 13 IMF conditionality an agreement to loan IMF funds on the condition that certain government policies are adopted dozens of third world states have entered into such agreements with the IMF in the past two decades 14 Foreign assistance money or other aid made available to third world states to help them speed up economic development or meet humanitarian



View Full Document

Access the best Study Guides, Lecture Notes and Practice Exams

Loading Unlocking...
Login

Join to view Chapter 13 Vocabulary and access 3M+ class-specific study document.

or
We will never post anything without your permission.
Don't have an account?
Sign Up

Join to view Chapter 13 Vocabulary and access 3M+ class-specific study document.

or

By creating an account you agree to our Privacy Policy and Terms Of Use

Already a member?