Strengths and weaknesses of market-oriented policies
Strengths and weaknesses of interventionist policies
Market with government intervention
I am going to give you notes for this.... make sure you go through it carefully. See also attached PDF:
And that is it.... we are done! :)
We are first going to watch the documentary "Life and Debt" by Stephanie Black. See here for details. It's extremely relevant to this topic.
Then download this and complete:
Recent article on IMF blog: Managing Debt Vulnerabilities in Low-Income and Developing Countries
Use the handout you were given and the textbook to make notes as follows:
The World Bank
International Monetary Fund
Evaluation of foreign aid
Watch this video - The Foreign Aid Paradox
... and also this one from the Gates Foundation...
There is more in the 2014 Gates Annual Letter - 3 myths that block progress for the poor
An alternative perspective on foreign aid here.
NPR has a news broadcast here What happened to the aid meant to rebuild Haiti?
Resources: article - “What are the arguments for and against foreign aid?”, handout - Welker textbook, p385-89 Dorton/Blink. Use these to do the following tasks:
-official development aid (ODA) and non-official aid
-humanitarian aid and development aid
Here are some recent statistics "Foreign aid reaches record high"
Trade problems facing many economically less developed countries
As you can see from the objectives above, this brings together a lot of the stuff we have already done on International Economics, with just a few new concepts. Click on this link for some very comprehensive information but also use Chapter 30 of the textbook to complete this document.
Causes of changes in the terms of trade
Consequences of changes in the terms of trade
You'll be getting another packet for this short topic.... and that's the end of TRADE!
Current account deficits
Current account surpluses
Continue on with the tasks contained in the Balance of Payments packet.
Check out this link to a Slideshare presentation.