1

Section 3 Essay: (30 points) For the essay question make sure that you discuss the following...

Question

Section 3 Essay: (30 points) For the essay question make sure that you discuss the following...

Section 3 Essay: (30 points) For the essay question make sure that you discuss the following terms in your answer. Terms you
Section 3 Essay: (30 points) For the essay question make sure that you discuss the following terms in your answer. Terms you need to include: Moral hazard; Ajaokuta steelworks; G- 77; IMF loans including conditions on those loans SAP and Austerity, globalists and nationalists Rodrik proposes that trade in a world economy needs adjustment. In its current state the challenges of globalized trade plays some responsibility for the rise of populist movements around the world as well as the growing resentment of developing nations, and anti-globalization protests in the developed world. Some people believe that engaging in free trade and global capital can benefit all states, though not necessarily equally. Others argue that the system in place now greatly favors the global north over the global south. How can we evaluate the global trade regime today using theories of IPE and do you believe that all states have the potential to develop in a globalized world or not? Specifically address the following questions in your answer: A. Does a global economy require underdeveloped states? B. Is globalism to blame for underdeveloped states today? C. Is unequal development during rapid globalization responsible for the rise in intrastate violence and tribalism? D. Is the future more toward an economic liberal world or an inward- looking world consider some of the topics from our final course discussion) Consider theories of trade as well as some of the core ideas surrounding different approaches to economic development. In considering the broader topic also consider these questions Your answer should draw on course material including a strong discussion of Rodrik and Benjamin Barber and can include a focus on trade, finance,

Answers

A. Globalism needs underdeveloped states for a demand stimulants which generates trade as underdeveloped states lack resources and so dependent on other economies.

B. No globalism is not to be blamed as it has opened doors for free trade. Now nationalists are opening their companies for international market, increased employment opportunities in underdeveloped states.

C. Yes, globalism can result in intrastate violence as somewhere trade is eased heavily and feasible becausr of available liquidity rest others stay deprived and with this small communities fprm theor groups such as tribal, then tribalism raise voice against opening up as they have to face international competition.

D. Yes fiture is more towards economic liberal world for fulfilling demands by trading with ease.


Similar Solved Questions

2 answers
In "A Raisin in the Sun," what does the symbol sunlight and darkness mean
In "A Raisin in the Sun," what does the symbol sunlight and darkness mean?...
1 answers
A2. Dimensional analysis Density:5. ID ml sing your calculated density, determine the mass (in ug) of...
A2. Dimensional analysis Density:5. ID ml sing your calculated density, determine the mass (in ug) of a cylinder that has a volume of 5.25 mm2. Use dimensional a nalysis for all steps. caicuiated Density: 5.109/mL...
1 answers
A horizontal length of current-carrying wire is suspended from two identical flexible leads that are under...
A horizontal length of current-carrying wire is suspended from two identical flexible leads that are under tension due to the weight of the wire. The wire is oriented at right angles to a uniform magnetic field that has a magnitude of 2.5T and is directed into the screen of the figure. The length of...
1 answers
The figure below shows a ball of mass m=1.5 kg which is connected to a string...
The figure below shows a ball of mass m=1.5 kg which is connected to a string of length L=1.4 m and moves in a vertical circle. Only gravity and the tension in the string act on the ball. If the velocity of the ball at point A is v0=8.6 m/s, what is the tension T in the string when the ball reaches ...
1 answers
Are breasts part of the reproductive system in a female?
Are breasts part of the reproductive system in a female?...
1 answers
Firms with high P/E ratios earned higher average returns than firms with low P/E ratios earned...
Firms with high P/E ratios earned higher average returns than firms with low P/E ratios earned the same average returns as firms with low P/E ratios earned lower average returns than firms with low P/E ratios had higher dividend yields than firms with low P/E ratios...
1 answers
A=18 B=16 Consider a light ray undergoing a double reflection from two mirrors forming an angle...
A=18 B=16 Consider a light ray undergoing a double reflection from two mirrors forming an angle f = (A +90) (degrees) between them, as shown in the attached figure. If the angle of incidence of the light ray is 0,= (B + 35)° (degrees), find the angle of reflection off the second mirror, O.. G...
1 answers
The Cain Corporation elected S status for the year, and their ordinary taxable income was $450,000....
The Cain Corporation elected S status for the year, and their ordinary taxable income was $450,000. Cain also had $75,000 of long term capital gains in the first month of the year. Brenda owns 35% of Cain for the last 75 days of the year. How much income would Brenda be allocated?...
1 answers
A scale is submerged at the bottom of a pool and then a 1kg block of...
A scale is submerged at the bottom of a pool and then a 1kg block of aluminum swimming is placed on it. If the scale reads newtons, what does the scale read with the block on it? A large rubber balloon has a mass of 0.3kg. To make it float in air, you begin inflating it with Helium. What volume will...
1 answers
A potato chip producer and its main supplier agree that each shipment of potatoes must meet...
A potato chip producer and its main supplier agree that each shipment of potatoes must meet certain quality standards. If the producer determines that more than 8% of the potatoes in the shipment have “blemishes," the truck will be sent away to get another load of potatoes from the supplie...
1 answers
Co-payments refer to: A. an amount that the insured must pay out-of-pocket before the insurer will...
Co-payments refer to: A. an amount that the insured must pay out-of-pocket before the insurer will pay B. the price of insurance to the insured C.the cost of insuring ones family D. a fixed dollar fee per treatment...
1 answers
The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will...
The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $35,000 per year forever. If the required return on this investment is 4.7 percent, how much will you pay for the policy? (Do not round intermediate calculations and round your answer to 2 de...
1 answers
How and why do lenders treat properties that are subject to holiday lettings differently to those...
How and why do lenders treat properties that are subject to holiday lettings differently to those that are permanently let?...

-- 0.009036--