African Political Economy Exam with corrrect answers 2024
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Module
African Political Economy Ex
Institution
African Political Economy Ex
What are some policy failures in post-colonial Africa that inspired SAPs? correct answers 1. Irresponsible monetary/fiscal policy
2. Poor physical infrastructure
3. Failure to diversify exports
What are some internal reasons for Africa's general policy failures? correct answers 1. Excessive ...
African Political Economy Exam
What are some policy failures in post-colonial Africa that inspired SAPs? correct
answers 1. Irresponsible monetary/fiscal policy
2. Poor physical infrastructure
3. Failure to diversify exports
What are some internal reasons for Africa's general policy failures? correct answers 1.
Excessive economic intervention
2. Urban Bias
3. Over-bureaucratization
What are some examples of SAPs? correct answers 1. Banking reforms
2. Trade policy adjustments
3. Adjust exchange rate policy
What are some stateless societies that built institutions through economic surplus?
correct answers 1. Ghana and Mali Kingdoms, trans-sahara trade
2. Ashanti and Benin - mining and metalwork
What are some examples of failed Weberian states? correct answers 1. Kenya -
Citizenship with no substantial rights
2. Somalia - Regimes without a violence monopoly
What is an example of an institutionalized party? correct answers NPP in Ghana
What is an example of ETL manipulation in Africa? correct answers Blaise Campaore
in Burkina Faso
What are the three sources of state legitimacy according to Weber? correct answers 1.
Traditional legacy
2. Patrimony
3. Legal-rational theory
How do Old and New Political Economy differ? correct answers Old Political Economy
focused on global influence. New Political Economy focused on internal elite influence.
What was the Berg Report about? correct answers Claimed internal policy failure and
suggest restructuring the economy (SAPs)
What was the Lagos Plan of Action about? correct answers Claimed externalist fault
like oil shocks and high interest rates. Africa needs to diversify the economy to lessen
it's vulnerability to external shocks.
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