levo

Power and Developments

The development and spread of liberal economies, the rule of law and democracy

  • 2 things to know
  • Component 3

Overview

Recall questions on how market economies spread and what is claimed for and against them, why the rule of law matters to development, and on the third wave and democratic backsliding.

What you need to know

Answer each one before you reveal it.

Your recallNot started
Process

How have market economies, legal order and democracy spread since 1945?

Evaluation

Why has democratic expansion stalled since 2000?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    What is a liberal economy?

    Model answer

    An economy organised around private ownership, competitive markets and free exchange, in which the state's role is chiefly to enforce contracts and property rights rather than to direct production.

  2. 2

    How did liberal economic models spread after 1945?

    Model answer

    Through the institutions built at Bretton Woods and the trade rounds that followed, which tied access to markets, loans and investment to the adoption of open trading and market-based domestic policy.

  3. 3

    What arguments are made in favour of the spread of liberal economies?

    Model answer

    That opening to trade and investment has lifted very large numbers out of poverty, particularly in East and South Asia, and that competition raises productivity and widens consumer choice.

  4. 4

    What criticisms are made of the spread of liberal economies?

    Model answer

    That the gains have been distributed very unevenly within and between countries, that opening markets exposes weak economies to shocks they cannot absorb, and that conditions attached to loans have forced cuts to services on states with no real alternative.

  5. 5

    Why is the rule of law regarded as a precondition for development?

    Model answer

    Because without enforceable contracts and secure property rights, investment carries risks that deter it, and without legal limits on officials, resources are diverted through corruption rather than invested.

  6. 6

    How have international bodies tried to promote the rule of law?

    Model answer

    By attaching governance and anti-corruption conditions to loans and aid, funding judicial and legal training, and requiring legal reform as a condition of accession to trade blocs and regional organisations.

Other ways to work this

The same content, four other ways.

What is inside Levo

Six ways to work the same material.

1Closed book
2Open book
3Closed book

The 3-step method, run for you

Answer cold, learn it, then prove it stuck. Levo tracks the jump between your first attempt and your last.

Democracy and Participation
Political Parties
Electoral Systems
Voting Behaviour and the Media

Cram a whole paper in one sitting

Sort every topic into what you know and what you do not, then drill only the weak ones.

Bhikhu Parekh ( –).
193519952000

Blank Blitz makes facts automatic

Rapid timed gap-fills on the terms and numbers you need to recall without thinking.

ACitizens elect representatives to govern on their behalf.
BRepresentatives are accountable through free, regular elections.
CGovernment is carried out through parties and Parliament.

Build It gets the exam shape right

Assemble a full-mark answer from its marking points, in the order an examiner wants them.

Patriotism means attachment to one’s country.
TrueFalse

Test It catches misconceptions

Spot the fault in a statement. The traps are the mistakes students actually make.

721941163128510

Brain Breaks between sessions

Short focus games to reset attention, so the next set lands better than the last.

Every question in Power and Developments, on a schedule.

Attempt a question from memory, write the correct version, then attempt it again. Levo records the jump between your first attempt and your last, and brings each question back on the day you are due to forget it.

Or £46 a year, about £3.83 a month. Cancel anytime.