115Exam1Defs - Smoot-Hawley Tariff Lender of last resort...

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Economics 115: First Midterm Compiled Definitions Path dependence Divergence Convergence Modern economic growth Baumol Convergence club Smithian growth Marxian growth Schumpeterian growth Solow Growth Model Catch-up Laissez-faire Agglomeration economies Knowledge spillovers Intra-industry trade Inter-industry trade Foreign direct investment Industrialization Deindustrialization Bond finance Revenue finance Development finance Sovereign defaults Banking crises Reserve ratio Countercyclical capital flows Procyclical capital flows Debt default Gunboat diplomacy Capital mobility Gold standard Gold bullion standard Gold coin standard Gold exchange standard Gold import and export points Dollar Gap Proportional system Fiduciary system Bimetallism The rules of the game Monetary policy Central Bank Benjamin Strong Reparations Internal balance External balance Price-specie flow mechanism Hyperinflation The Great Depression Consumer durables Real Bills Doctrine Protectionism
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Unformatted text preview: Smoot-Hawley Tariff Lender of last resort Stock market crash Devaluation Unemployment Phillips Curve Structural change Nominal rigidities Unemployment insurance Replacement rate Minimum wage Trade Board Unionism Liquidity trap Beggar-thy-neighbor Golden Age Backwardness New Deal National Industry Recovery Act Hysteresis Bretton Woods Marshall Plan Import bottlenecks Liberalization International Monetary Fund World Bank World Trade Organization European Payments Union Organization for European Economic Cooperation (OEEC) European Coal and Steel Community Corporatist Ministry of International Trade and Industry Total Factor Productivity Growth Extensive growth Wage moderation The Dodge Line Coordination failures Keiretsu System Zaibatsu Unpackaged technology Technology transfer Ministry of International Trade and Industry General Agreement on Tariffs and Trade...
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