Title: Cat for Assignment 4B
Course: 383-303-FD-55-01 • International Economics

Test info catégorie

Please write your answer in attachment "383-303-FD_assign4B_Q1."

Question

Analyze and compare the development indicators for the two countries you chose:

a) For each of the two countries, give their GDP or per capita GDP and four development indicators. These could be their human development index (HDI), rate of infant mortality, life expectancy, education or literacy rate, annual population growth, number of doctors per capita, etc. Supply your references. (6 points)

b) Analyze the data of one country by comparing them with those of the other, and try to identify the characteristic traits. Specify which of the two countries offer its residents the highest level of development. Explain. (6 points)

c) You have learned that some developing countries are categorized under different designations. How would you classify the two countries you chose? (1 point)

Your answers to parts b) and c) should be approximately 300 words long.

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Please write your answer in attachment "383-303-FD_Assign4B_Q2."

Question

Analyze and compare the indicators for the economic situation of the two countries you chose:

a) In order to determine whether the two countries you chose are growing, state the growth rate of their real GDP over the last few years. For each of these countries, was their growth average, high, somewhat steady, or was the country in recession? Don't forget to give your references.

b) To complete the analysis of the economic situation for these countries, give at least four indicators, such as unemployment level (often expressed as "unemployment rate"), price stability (often expressed as "inflation rate"), indebtedness, international trade deficit (imports and exports or current account balance), the stability of its currency, and so on.

c) Analyze the recent data that you found for each of the countries you chose.

d) Compare the situation of the two countries and conclude by stating which one enjoys a more satisfactory economic situation. Back up your position.

Your answers (parts c and d) should be approximately 200 words long.

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Please write your answer in attachment "383-303-FD_Assign4B_Q3."

Question

Countries all use different strategies to increase their growth and their level of development. Their governments may play a more or less active role; they may orient their production toward exporting or, conversely, toward their domestic markets; they may emphasize agriculture or industrialization; they may oversee the equitable sharing of wealth (socialist ideas) or promote strong market economies (increased competition); they may attract foreign capital; they may have trade policies that are somewhat protectionist; and so forth.

a) Describe the development strategies used by each of the two countries you chose over the period covering approximately the last 10 years. From among the strategies outlined above, consider those that are relevant to your analysis.

b) Compare the development strategies for the countries you chose, and point out two major similarities and two major differences.

Your answer for parts a) and b) should be approximately 400 words long.

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Question

You have learned that trade relations are also a specific factor that can set a country apart and hinder or advance its development. What kind of regional trade associations do each of the countries you chose belong to?

Do not give just the acronyms, and include the region concerned by these regional associations.

Entrez votre réponse ci-dessous.
Feedback: Student must choose a country from each of the following pairs: First pair of countries: URUGUAY or ARGENTINA Second pair of countries: IVORY COAST or CONGO-KINSHASA Marks: 4 points per country Membership in a regional trade association URUGUAY Uruguay belongs to the Mercado Común del Sur (MERCOSUR) regional trade association. ARGENTINA Argentina belongs to the Mercado Común del Sur (MERCOSUR) regional trade association. CONGO-KINSHASA Congo-Kinshasa belongs to the Economic Community of Central African States (ECCAS). IVORY COAST The Ivory Coast belongs to Economic Community of West African States (ECOWAS).

Question

International institutions are often called on to intervene when countries find themselves in difficult situations.

a) For each of the countries you chose, state whether they have called on international institutions (e.g., the World Bank, the IMF, the Asian Development Bank, or the United Nations Development Programme) and when.

b) Give the context in which this intervention occurred and why.

c) If a solution was found, explain it and its results.

Your answer (parts a, b and c) should be approximately 150 words long.

Entrez votre réponse ci-dessous.
Feedback: Student must choose a country from each of the following pairs: First pair of countries: URUGUAY or ARGENTINA Second pair of countries: IVORY COAST or CONGO-KINSHASA Marks: 6 points per country Answers for parts a), b), and c) should be approximately 150 words long. Intervention by international organizations, such as the International Monetary Fund or the World Bank URUGUAY In August 2002, Uruguay requested a loan from the World Band and from the IMF. In the meantime, the US came to its aid with bridge financing. ARGENTINA This country's current public external debt has risen to more than US$130 billion. But during the 25 years that followed the military dictatorship established in March 1976, the country reimbursed more than $200 billion. Under the reign of terror from 1976 to 1983, its foreign debt increased 5.5 times, from $8 billion to $45 billion. The IMF systematically supported and advised the Generals. During the last period of the dictatorship, most of the crushing private foreign debt was illegally transferred to the government. At the beginning of the constitutional regime, Raúl Alfonsín signed an agreement with the IMF, committing his country to reimburse its entire debt up to the last cent. The debts that were subsequently contracted essentially served to reimburse the old debts. On July 13, 2000, the Federal Court of Buenos Aires rendered a judgment proving the illegitimacy of the debt, the culpability of the international private creditors, the IMF and the US Federal Reserve (Toussaint, 2002). CONGO-KINSHASA Foreigners reacted favourably to changes made by Kabila Junior by loosening up the purse strings: the World Bank and the International Monetary Fund began working with the government again, and other donors who had abandoned the country during the chaos returned to help. IVORY COAST This country established four structural adjustment programs whose objectives and rules were defined by the IMF and the World Bank. Source: Toussaint, É. (2002, February). An odious debt. Le Monde diplomatique. (Une dette odieuse)

Question

Aside from all the economic information you gathered on the two countries you chose, there are surely some important characteristics that you might find interesting to explore that would give you a better understanding of these countries' development.

In about 100 words, specify these characteristics (civil war, culture, recent economic crisis, religion, etc.)

Entrez votre réponse ci-dessous.
Feedback: Student must choose a country from each of the following pairs: First pair of countries: URUGUAY or ARGENTINA Second pair of countries: IVORY COAST or CONGO-KINSHASA Marks: 4 points About 100 words Reference texts below as of 2000. The students should add more recent informations covering the beginning of the 21st century. URUGUAY With its three million inhabitants, Uruguay is one of the smallest countries in the continent of South America. Sandwiched between giants Brazil and Argentina, the Uruguayans managed to turn a very unfavourable geographic location into a country with a solid reputation as a centre of finance; they also developed a dynamic agrifood sector and created the image of a trustworthy country. But when the crisis rocked Argentina and Brazil, the prospects of this small nation were shaky. ARGENTINA From 1976 to 1983, the country was under military dictatorship. It emerged heavily indebted. CONGO-KINSHASA The Congo was the theatre of a war involving seven countries and ten rebel groups. Living conditions were appalling; according to some estimates, there were 5.4 million deaths in the war that lasted from 1997 to 2003. Under the disastrous leadership of Laurent-Désiré Kabila, the country lapsed into the tragic-comic and reached an unprecedented level of incompetence, irrationality and violence. Kabila was assassinated and replaced by his son Joseph, aged 30. IVORY COAST The country is afflicted with ethnic problems. Traditionally a land of hospitality, Ivory Coast is less and less so. Xenophobia is on the rise. In fact, Krou land claims to the detriment of the Burkinabés, who settled there 50 years ago; the erosion of the peaceful coexistence among Muslims, Christians and animists; and the increased rivalry between Northerners and Southerners all bear witness to this phenomenon. In the fall of 2002, civil war erupted: for safety reasons, foreigners were required to leave the country. There was deep resentment toward the French.

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Question

In 250 words, describe the development of each of the two countries you chose and point out the differences between them.

Entrez votre réponse ci-dessous.
Feedback: Marks: 4 points per country (8 points) and 5 points for the comparative analysis Criteria: - Full and precise summary of the economic situations and development strategies for the two countries chosen. - Rigorous comparison of the development situations and strategies for these countries.