PSCI231 - Relationship Between Government and Business - Economics Assignment Help

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Assignment Task

 

Section One Answer only 1 question in this section. Your response should be a maximum of two double spaced pages (12-point font size). Use citations. You may draw on any course material items you feel are relevant. Each question is worth 8 points. Total weight of section is 8 points.

1. Deregulation is typically thought of as a fundamental aspect of neo-liberalism. What is de-regulation? What is neo-liberalism? How does the documentary, “Inside Job” explain the impact of deregulation on the 2008-09 financial crisis? Be sure to consider the ideas, interests and institutions (policies) of both government and business in your response.

2. Describe 2 characteristics of Canada’s “business environment” (other than globalization and financialization). What are the implications of these characteristics for the relationship between government and business?

3. What is ‘political-economy’? Why is political-economy helpful when studying the relationship between government and business?

 

Section Two Answer only 1 question in this section. Your response should be a maximum of four double spaced pages (12-point font size). Have an introduction, a body and a conclusion. Use citations. Each question is worth 12 points. Total weight for section is 12 points.

1. Philosophical approaches such as:” Procedural fairness”, “utilitarianism”, and “social contract theory” are sometimes used to explain the promotion of fairness by the state. What does each of these concepts mean? Provide at least one ‘real world’ example of each concept as it relates to the relationship between government and business.

2. Business and government is sometimes studied in terms of the changing relative balance of state and market forces during a particular historical period. Describe the state-market balance in one of the 3 historical periods discussed in this course (mercantile era, Keynesian welfare state era, neo-liberal era). Be sure to consider at least one “perceived problem” in your chosen era and at least one policy response enacted to help resolve that perceived problem.

3.’ Globalization’ and ‘financialization’ are considered to be two important aspects of the ‘business environment’ today. Contrast the mainstream economics interpretation of globalization and financialization with the political economy critique of globalization and financialization. Is one interpretation more helpful than the other? Why

 

 

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