Tuesday, November 20, 2007

November Extra-Credit Book

The book we are reading this month is "Safe For Democracy: The Secret Wars of the CIA" by John Prados (Amazon link here; you can, of course, get it from whomever you want). I thought it came in a paperback version; it seems I was wrong (though if you find a paperback version, you can read that).

We'll talk about it sometime in early December (either dead week or exam week; we'll figure that out after break).

Tuesday, November 06, 2007

Review Sheet For Third Quiz: Economics and Globalization

Here are the terms/concepts you should know for the quiz.

Be able to understand each concept; but look above and below each entry to see how that particular concept matches with other topics.

Questions? Post them here, and I'll answer.

Developed vs. Underdeveloped States
Rich versus Poor States: how rich versus how poor?
GNP and GNP/PC
Purchasing Power Parity (What isn’t measured in GDP?)
Industrialization vs. Basic Needs
Cycle of Underdevelopment
(Dual Economy, Low Productivity, Insufficient Capital, Few Human Services, Trade, Foreign Aid, Private Investment, Technical Assistance, Lack of Social Cohesion, Insufficient Natural Resources, Explosive Population Growth)
Colonial Legacy (positives and negatives)
Cash Crops
Tariff Barriers
Non-Tariff Barriers (Quota, Subsidy, Regulation)
Stronger vs. Weaker Currencies (What effect does this have on trade?)
Liberal Economics (Comparative Advantage, Specialization, Free Trade)
Dependency (Import Substitution versus Export Driven Growth)
Participatory Development
Globalization: Definitions
Globalization: Free Trade debate
Globalization Mechanisms
(Convergence, Pressure on Government/Policy, Why fewer and less regulations, taxes, etc.)
International Monetary Fund( Two Roles - formal and informal, Benefits and Criticisms, "Golden Straightjacket")
East Asian Financial Crisis: Two explanations
Globalization: Positives and Negatives, Pros and Cons (lots here)
Effects (not just economic)
NAFTA debate (overall effects, pros, cons)
China (Revisionist or Status Quo, Growth, Effects)
Two faces of Globalization: India versus Venezuela

Monday, November 05, 2007

Meeting tonight to talk about "Untapped"

We are meeting tonight to talk about "Untapped: The Scramble for Africa's Oil." We'll meet at the Black Bear Cafe on Pleasant Street at 6PM.

Hope to see you there.