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POLICY PAPERS
Policy papers are short papers, 4-5 pages in length, in which you use
the economic tools learned in class to take a position in a current debate.
You should explain both sides of the debate, but you have to take
a side and must explain which evidence has persuaded you and why.
These papers will help you to think critically about some of the issues
discussed in class and will give you the opportunity to explore some of
the topics further. Policy papers should be based on the course
readings but you are welcome to extend your readings beyond the required
material.
Your papers should be typed in 12pt font with standard margins, stapled,
and should contain your name in the upper right hand corner of each page.
Paper 1 due on 3/17.
Topic: Can Free Trade Promote Growth in Developing Countries? Discuss.
Remember to argue both sides of the debate and then take a stand on the
topic of discussion. You paper will be graded based on the following four
criteria:
1) Clarity of Exposition, 2) Definition and Use of Terms, 3) Comprehension
of Issues, 4) Argumentation from Evidence
More instructions above. Feel free to e-mail me if you have any questions.
Paper 2 due on 4/5.
Topic: Globalization today is often seen as an inevitable trend that cannot
be reversed. Respond to this statement based on the class readings and
the films "The Yes Men" and "The Corporation". What
do you think? Can globalization be reversed? Should it be stopped? You
can relate your answer to international trade as well as to international
finance.
Same instructions andgrading guidelines as above.
Paper 3 due on 4/26.
Topic: In class we discussed the classical gold standard, as well as the
inter-war regime, and Bretton Woods. First, outline the key differences
between the Bretton Woods regime, the inter-war gold standard, and the
classical gold standard. Then, based on your understanding of these historical
monetary regimes, what are some of the challenges facing the international
monetary regime today? What type of problems and instabilities that brought
down the past regimes still exist today and pose a risk for the world
monetary order? (Remember, today's world is characterized mostly by floating
exchange rates (with regional exeptions) and by high capital mobility.)
Again, same instructions and grading
guidelines as above...
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