Current Issues in the Global Economy
Assignment Requirements
This focuses on current issues in the global economy. Select a topic that is fairly active in the media. For this paper, Use references and citations from media articles and the Dicken textbook only. Total references should be 9 including the articles and the textbook.
Collect 8 current media articles
• Journal on each article – about one paragraph – highlighting what is happening in the article (see the trees) in about 3 pages (8 paragraphs total)
• Do about a 5 page overview at the end – what is the big picture of what is happening with your topic
• Use concepts, ideas, approaches/perspectives, etc discussed in class to aid in your overview
• Look for solutions and how to make globalization work better – if applicable to your topic
• Give your informed opinion on the topic
Concepts, ideas, approaches/perspectives discussed in class include:
The basis for trade
-Comparative advantage
-Free trade vs. protectionism
-Trade rounds
Technology in the process of globalization (Dicken chapter 4)
-Its role in shrinking time and space dimensions
The role of the Finance in the process of globalization (Dicken chapter 12)
-Global institutions and private capital markets
The transnational corporation and the deepening of global integration (Dicken chapter 5)
-The movers and shakers of global production and finance
The changing roles of the state and global institutions vs. markets in globalizing the world economy, and the relationship with the transnational corporations (Dicken 6,7)
TNC and the host countries (Dicken chapter 14-17)
The developed countries – Immigration/labor issues
The developing countries-poverty and heterogeneity – the rise of South East Asia, China, India, emerging markets in Eastern Europe and Latin America, mass pockets of poverty
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