Instructions:
This is a take home exam, therefore, please take your time to provide
clear, thoughtful
answers. Remember, the goal of this assignment is for you to
illustrate to me that you’ve covered the required material, that you
understand it, and that
you’ve thought about it enough to provide concise, thoughtful answers.
PLAGIARISM:
All answers must be your own words reflecting your own understanding
and knowledge of the material. All reprinted statements must be fully
cited to the original
author. Students may not copy statements, data, or any other
information from any source, including internet websites.
Globalization and
Its Discontents (30 Points - no more than 3 pages)
1) According to Stiglitz in Chapter 1,
The Promise of
Globalization of Globailization
and Its Discontents what policy errors did the major
international institutions (IMF, IBRD, and the WTO) impose on
developing countries? How do these polices compare to the policy
recommendations of the Washington Consensus as presented at the
beginning of the course?
Making Trade Fair (30 Points - no more than 3 pages)
2) According to Stiglitz in Chapter
3, Making Trade Fair, from Making
Globalization Work : Explan at least 5 reforms Stiglitz says
should be implemented to make trade fair (both pro-poor
and pro-development)?
Democratizing Globalization (30 Points - no more than 3 pages)
3) What is the
"democratic deficit" according to Stiglitz in Chapter 10, Making Trade
Fair, from Making
Globalization Work.
What reforms does Stiglitz propose in order to promote
democratize the international institutions? (Stiglitz
presents a total of 10, you need to only summarize 5.)
