Chapter 05 - Economic Policy & the Political Economy of the State

This crossword was created by Roger C. Lowery with EclipseCrossword - www.eclipsecrossword.com

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P R E F E R M E N T S
 
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I N F L A T I O N
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  D I R E C T E
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H S N S P C
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F R E E   T R A D E P O L I T I C A L   P S Y C H O L O G Y
           
T E R A L N
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G E R M A N Y K I N D O N E S I A N I O
           
R I A D T M
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O N E W   K E Y N E S I A N A I I
             
G G E E L C C
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E Y I A  
         
N N N L P
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E R E G R E S S I V E   R
           
O S A E S O
           
U I T R O T
           
S A I S C E
1920    21         
P H N O M O R E I C
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S A E N O T
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T T P O L I T I C A L   E C O N O M Y L I
           
A R P L O O
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G R O S S   D O M E S T I C   P R O D U C T G N
           
F N D C Y I
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L A H H S
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A G U O G M
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T E R E V O L V I N G   D O O R   J O B
       
I T C A
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O C E N T R A L F
   
N T

Across

  1. Legal (although often not ethical) advantages that elected or appointed government officials gain for themselves because of their position or connections; called “honest graft” by George Washington Plunkitt of NYC’s Tammany Hall. (11)
  2. The term that describes a general rise in the prices of goods & services with a resulting fall in the value of a country’s currency. (9)
  3. Shively concludes that the condition of the national economy has this relationship to a president's popularity. (6)
  4. Both Bill Clinton and George W. Bush advocate this form of foreign-trade policy. (Two words) (10)
  5. The phrase that describes the subfield of political science that focuses on the influence of cognition and emotion in political decisions. (Two words) (20)
  6. The name of a country with: (1) a highly developed system of post-high-school vocational education with on-the-job apprenticeships and (2) extensive economic regulations that have resulted in high-quality but expensive products & services. (7)
  7. The name of a country in transition from a subsistence to a diversified industrial economy that is aided by abundant natural resources and improving education but hindered by political corruption & regional violence in East Timor & Aceh. (9)
  8. This school of economics recognized that the typically inverse relationship between unemployment and inflation sometimes had a reverse (direct) effect due to other factors (e.g., the economic shocks of the OPEC oil embargo and the deficit-spending of the Vietnam War). (Two words) (13)
  9. Both sales taxes and Social Security taxes are examples of this type of tax. (10)
  10. Shively concludes that there is more income redistribution by government in which type of nation -- those more or those less developed? (4)
  11. A phrase that describes a subfield within political science that focuses on the intersection of the state and the economy. (Two words) (17)
  12. The phrase that describes the monetary value of all goods & services produced in a state in a given year. (Three words) (22)
  13. An example of a preferment available to an influential government official after he or she leaves office. (Three words) (18)
  14. The name for a public-sector bank that regulates private-sector banks. (7)

Down

  1. The phrase that describes trying to make money by lobbying government for a competitive advantage rather than competing in a free market. (Two words) (12)
  2. Deficit spending by government tends to do this to inflation. (8)
  3. Alexander Hamilton, Abraham Lincoln, and Theodore Roosevelt were all advocates of this form of foreign-trade policy. (Two words) (22)
  4. Generally, rent seeking is more common in countries with this type of culture. (13)
  5. An example of another issue that can alter the influence of the economy on a president's popularity. (7)
  6. The phrase that describes the subfield of political science that focuses on the influence of group identification in political decisions. (Two words) (19)
  7. The name of a school of political economy that argues for using governments’ fiscal & monetary policies to avoid the extremes of free-market economies’ boom & bust cycles. (9)
  8. Shively concludes that the level of unemployment has this relationship to a president's popularity. (7)
  9. The basic assumption of this theory is that the complexities of reality can be reduced to mathematical formulae through simplifying assumptions about: (1) individual-level costs & benefits and (2) aggregate-level supply & demand. (Two words) (15)
  10. The power of elected or appointed government officials to make partisan appointments or to confer contracts, honors, or other benefits on their political supporters. (9)
  11. Those with lots of discretionary income to invest tend to be helped or hurt by inflation. (6)
  12. A 1970's market condition when both unemployment & inflation were high that caused economists to rethink Keynesian economics. (11)
  13. Those on a fixed income tend to be helped or hurt by inflation. (4)
  14. A name for illegal activity by government officials that is more common in developing countries with rapid change, poorer populations, foreign business presence, non-Protestant religious traditions, and history of colonial rule other than Great Britain. (5)


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