The IMF and The World Bank
In the 2005 IB Economics syllabus you are required to evaluate the role of the International Monetary Fund (IMF) and the World Bank in their contributions to growth and development. In simple terms, you should know what they do, and their advantages and disadvantages. Interestingly, much of the online media out there is overtly critical of these international financial institutions. Try to maintain some balance in your evaluation by acknowledging benefits as well as explaining the disadvantages. Here are some key resources – you should spot whether they are biased in favour of or against the IMF and WB (or neutral).
a) Websites
International Monetary Fund
http://www.globalization101.org/imf-introduction/
b) Videos
Finally, if you have time (one and a half hours), you might choose to watch a very critical but fascinating documentary film called Life and Debt – I highly recommend this, but it can be disturbing at times.
| Print article | This entry was posted by James Penstone on March 28, 2012 at 7:22 am, and is filed under Economics, IB Economics. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
No comments yet.
No trackbacks yet.
Introduction to Development
about 12 years ago - No comments
This post offers some resources to help learn about the key syllabus pints under section 3.2 of the 2005 IB Economics syllabus. Definitions of economic growth and economic development and Differences in the definitions of the two concepts This video excellent by Flame India includes points on limitations of using GDP to compare welfare (below)…
Visualise the impact of Asia’s Rapid Growth
about 13 years ago - No comments
Image: bbc This interactive, hosted on bbc.co.uk, is good for studies in Geography, Economics, and more. It is a quick way into the type of visual data offered by Gapminder.org The interactive dataset lets the user track a number of Asian countries as their wealth / income grows between 1960 and 2006, and compares the…
All The World’s Flights In A Day
about 13 years ago - No comments
This video (of which there are several copies on youtube) could provoke a lot of interesting questions. Where in the world receives the most air traffic? Why? How does this reflect historical developments? Does the spread of daylight hours affect flight concentrations? Which two continents / regions are the most connected by flights? Again, why?…
The World’s Most Typical Person
about 13 years ago - No comments
The world’s most typical person is male and in terms of the mode average ethnic group, is a Chinese, Han man. His age, in terms of median average is 28. The typical face shown above is built of 190 000 photos of 28 year old ethnic Han men. But as the video tells us, he…
Developed and Developing Economies – Online Resources and Revision Materials
about 13 years ago - No comments
The full title of this section from the IGCSE syllabus is: ‘Developed and developing economies: trends in production, population and living standards’ Image: Some rights reserved by souravdas Here is what the syllabus requires of us: Candidates should be able to: • describe why some countries are classified as developed and others are not; •…
The World Scaled Down to A Village of 100
about 13 years ago - No comments
Just came across this video, based on what is now a widely-read summary of some key demographic and economic statistics. These statistics do need to be verified, as the opening shot states, if not for any other reason than the age of the data. This notion of the world as a village of 100 (and…
