Minimal State Involvement with the Economy and Development Is a Core

question 82

Multiple Choice

Minimal state involvement with the economy and development is a core neoliberal belief. What does the text conclude about the countries where rapid development has occurred in the global south?

• A) Growth occurred in countries that were willing to cooperate with the World Bank.
• B) Countries with specific government plans and restrictions had the most growth.
• C) Countries that tried to use a balance of neoliberal and Keynesian policies did best.
• D) The most economically deregulated countries had the most rapid development.

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Definitions:

Calculated Incompetence

A strategic behavior where an individual pretends or exaggerates their inability to perform a task in order to avoid responsibility.

Committed Position

A committed position is a firm stance taken by a negotiator, indicating a non-negotiable point or a very strong preference.

Bargaining Mix

The range of items or issues that are negotiable within a discussion, which can include tangible and intangible factors.

Commitment Statements

Expressions or declarations made by individuals or groups indicating their intention to adhere to agreements or pursue certain actions.