Diplomacy & Politics Glossary

Every term you need — from Model UN procedure to international law, economics, and political theory. Clear definitions, real examples, and cross-linked concepts.

2302 terms across 11 categories

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K

2 terms

Keynesian Fiscal Stimulus

Government policy of increasing public spending or cutting taxes to boost aggregate demand and combat economic recessions.

Leaders & Thinkers

Keynesian Liquidity Preference

John Maynard Keynes's theory that individuals prefer to hold their wealth in liquid form, influencing interest rates and investment.

Leaders & Thinkers

M

1 term

Multiplier Effect

Keynes's theory that an initial government spending increase leads to a larger overall economic output boost.

Leaders & Thinkers