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Global Economics. Econocast. Your Question…. How does Globalization impact.. Africa? Asia? Eastern Europe? Middle East? North America? South America? Western Europe?. Econocast. Components of the Econocast Part One: Paint the Economic Picture How wealthy is your country?
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Global Economics Econocast
Your Question… • How does Globalization impact.. • Africa? • Asia? • Eastern Europe? • Middle East? • North America? • South America? • Western Europe?
Econocast Components of the Econocast Part One: • Paint the Economic Picture • How wealthy is your country? • How is wealth distributed in your country?
Resources to Use • http://www.photius.com/rankings/economy/distribution_of_family_income_gini_index_2009_1.html GINI index rankings by country • http://hdr.undp.org/en/statistics/ HDI rankings by country • http://worldfactbook.org GDP/ capita, GDP composition by sector, % of population living below the poverty line, trading (export) partners, & country debt (external)
Econocast Components of the Econocast Part Two: • What does the global economy mean to my country (region)? • Select a topic discussed in class that relates to the global economy • Trade (trading partners, comparative advantage, subsidies) • International Financial Institutions (IMF, World Bank, WTO) • Debt and Debt Relief
Econocast Next steps.. Determine how you can report on a concept taking place in your economy. Which will BEST fit your country/region? • Trade? • International Financial Institutions? • Debt?
Econocast • Possible areas to explore.. • What is the role of the IMF in my country? • How is the WTO seen in my country? • Does my country have a comparative advantage in the global economy ? If so, does it benefit them? • Is my country in debt? Is it productive or unproductive debt? Who is helping to finance my debt? • How does the World Bank’s Millennium Goals impact my country?
Econocast • Where can I go to find this information? • Investigate the International Financial Institutions’ web pages • World Bank’s Website • http://www.worldbank.org/ • International Monetary Fund • http://www.imf.org/external/index.htm • The World Trade Organization • http://www.wto.org/
Additional Resources • www.worldfactbook.org • The World Factbook provides information on the history, people, government, economy, geography, communications, transportation, military, and transnational issues for 266 world entities • http://www.pbs.org/newshour/ • The Web site of the News Hour with Jim Lehrer. Search by REGION or TOPIC • www.npr.org • The Web site of National Public Radio. Search NEWS- WORLD • http://news.bbc.co.uk/ • The Web site of British Broadcasting Company. Search NEWS FRONT PAGE (by region)
More Resources… • http://www.reuters.com/news/international • Latest news from around the world • http://www.economist.com/ • Authoritative weekly newspaper focusing on international politics and business news and opinion • http://global.nytimes.com/?iht • Find global breaking news • http://news.bbc.co.uk/2/hi/country_profiles/default.stm • Guide to history, politics and economic background of countries and territories.
More Resources… • http://www.economist.com/ • Authoritative weekly newspaper focusing on international politics and business news and opinion • http://global.nytimes.com/?iht • Find global breaking news • http://news.bbc.co.uk/2/hi/country_profiles/default.stm • Guide to history, politics and economic background of countries and territories.
Schedule for Econocast Project A Day B Day Thursday, April 08 Lab time for research/script writing Monday, April 12 Lab time for research/script writing Friday, April 16 Producing podcasts in the library! • Wednesday, April 07 • Lab time for research/script writing • Friday, April 09 • Lab time for research/script writing Thursday, April 15- Producing podcasts in the library!