Edexcel A-Level Politics 9PL0
Democracy and Participation
Political Parties
Electoral Systems
Voting Behaviour and the Media
Liberalism
Conservatism
Socialism
The Constitution
Parliament
The Prime Minister and the Executive
Relations Between the Branches
AnarchismNon-core
EcologismNon-core
FeminismNon-core
MulticulturalismNon-core
NationalismNon-core
The US Constitution and FederalismUSA
US CongressUSA
The US PresidencyUSA
The US Supreme Court and Civil RightsUSA
US Democracy and ParticipationUSA
Comparative Theories and the UK-US ComparisonUSA
The State and GlobalisationGlobal
Global Governance: Political and EconomicGlobal
Global Governance: Human Rights and EnvironmentalGlobal
Power and DevelopmentsGlobal
Regionalism and the European UnionGlobal
Global Comparative TheoriesGlobal
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.
Why has democratic expansion stalled since 2000?
Questions from this subtopic
Each one with the model answer underneath.
- 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
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
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
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
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
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.
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