Question

(Article 9.4) Match each of the following growth and development policies that countries might choose to either Developmental State or Neoliberal.

Reducing trade barriers	Answer 1Choose...Developmental StateNeoliberal
Eliminating subsidies	Answer 2Choose...Developmental StateNeoliberal
Cutting back government expenditures	Answer 3Choose...Developmental StateNeoliberal
Specializing in exports of food or other raw materials.	Answer 4Choose...Developmental StateNeoliberal
Integrating the global financial system	Answer 5Choose...Developmental StateNeoliberal
Floating exchange rates	Answer 6Choose...Developmental StateNeoliberal
Decreasing labor bargaining strength and wage costs	Answer 7Choose...Developmental StateNeoliberal
Selective tariff policies	Answer 8Choose...Developmental StateNeoliberal
Subsidies to specific sectors	Answer 9Choose...Developmental StateNeoliberal
Increasing government investment in human capital and infrastructure,	Answer 10Choose...Developmental StateNeoliberal
Specializing in chosen industries.	Answer 11Choose...Developmental StateNeoliberal
Diversifying economics activity	Answer 12Choose...Developmental StateNeoliberal
Dollarization	Answer 13Choose...Developmental StateNeoliberal
Free-trade agreements

Answer 1

Neo-Liberalism : Neoliberalism is a policy model—bridging politics, social studies, and economics—that seeks to transfer control of economic factors to the private sector from the public sector. It tends towards free-market capitalism and away from government spending, regulation, and public ownership.

Developmental Stage : Elimination of tariff or subsidies to producers, liberalization of capital flows and deregulation of domestic financial markets, strengthening government control and promotion of competition.

Reducing trade barriers	Developmental State
Eliminating subsidies	Neo liberal
Cutting back government expenditures	Neo liberal
Specializing in exports of food or other raw materials.	Developmental State
Integrating the global financial system	Neo liberal
Floating exchange rates	Neo liberal
Decreasing labor bargaining strength and wage costs	Developmental State
Selective tariff policies	Neo liberal
Subsidies to specific sectors	Developmental State
Increasing government investment in human capital and infrastructure,	Developmental State
Specializing in chosen industries.	Developmental State
Diversifying economics activity	Neo liberal
Dollarization	Developmental State
Free-trade agreements Neo Liberal