Across
- 3. Corrupt President of DRC from 1965 to 1997
- 5. Also known as the new NAFTA
- 10. Process where a country focuses on its economy on a sector in which it enjoys a comparative advantage
- 11. The term for the IMF’s conditional loans which impose certain conditions on recipient countries eg. Liberalised trade, reduced government protectionism
- 12. 80% of the world's supply of this raw mineral ore is found in the DRC
- 13. Bottom-up development strategy providing small loans to individuals in LICs/MICs
- 15. A group of countries who have joined together to stimulate trade between them by agreeing to reduce/eliminate trade barriers among members
Down
- 1. An increase in the flow of goods, services, people, capital across national borders in order to create a more integrated and interdependent world economy
- 2. Term used to describe countries who are endowed with valuable raw materials but are trapped in underdevelopment - Resource ______
- 4. Creator of the Model of Cumulative Causation
- 6. Bretton Woods institution whose purpose is to reduce barriers to commercial exchanges between countries
- 7. Term for countries who have become eligible for debt relief and low-interest loans from the IMF and WB as a result of having debt burdens which they could not cope with using traditional means
- 8. Term used to encapsulate the philosophy that governs the operations of the Bretton Woods IGOs - _______ Consensus
- 9. Primary resource which accounts for 70+% of Russia's export earnings
- 11. Top-down development strategy used by China to attract FDI
- 14. Name of index which seeks to measure countries' levels of globalisation