Reference no: EM131084715
ASSESSMENT: Economic Development Institutions
Overview
Write 4-6 pages in which you explain an economic development institution (EDI) and its relevance in world politics.
In this assessment, you will demonstrate your ability to describe and explain to others the social, economic, and environmental impact of economic development institutions (EDIs).
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
Competency 1: Examine the role and formation of supranational organizations. Describe the key features of a particular economic development institution.
Explain a particular economic development institution's effect on the political arena in the countries in which it is located.
Explain a particular economic development institution's effect on the social and environmental performance of the countries in which it is located.
Describe the social, economic, and environmental responsibilities and influences of economic development institutions.
Competency 5: Evaluate global economic competition and cooperation.
Explain a particular economic development institution's effect on the economic performance of the countries in which it is located.
Explain the effect of economic development institutions on economic cooperation and competition between countries.
Competency 7: Communicate effectively in a variety of formats.
Write coherently to support a central idea in appropriate format with correct grammar, usage, and mechanics.
Context
Economic nationalism continues to dominate at this time. Economic nationalism is "the belief that the state should use its economic strength to further national interests, and that a state should use its power to build its economic strength" (Rourke & Boyer, 2010, G3). However, with changes on the world stage (such as with technology and the growth of international trade unions), the concept of economic nationalism is now sometimes challenged. As an alternative, there is economic internationalism (also known as economic liberalism). This is "the belief that international economic relations should and can be conducted cooperatively because the international economy is a nonzerosum game in which prosperity is available to all" (Rourke & Boyer, 2010, G3).
Reference
Rourke, J. T., & Boyer, M. A. (2010). International politics on the world stage: Brief (8th ed.).
New York, NY: McGrawHill.
Questions to Consider
To deepen your understanding, you are encouraged to consider the questions below and discuss them with a fellow learner, a work associate, an interested friend, or a member of the business community.
What is the international political economy (IPE)?
What is meant by gross domestic product (GDP), versus gross national product (GNP)? What is economic nationalism, versus economic internationalism?
What is economic structuralism?
What is the difference between a moredeveloped country and a lessdeveloped country? What are the advantages and disadvantages of economic cooperation among countries?
What have been the effects of economic development institutions such as the World Bank on the global economy and global politics?
Suggested Resources
The following optional resources are provided to support you in completing the assessment or to provide a helpful context. For additional resources, refer to the Research Resources and Supplemental Resources in the left navigation menu of your courseroom.
Library Resources
The following ebooks or articles from the Capella University Library are linked directly in this course:
Elsea, J. K. (2006). U .S. policy regarding the International Criminal Court: RL31495. Congressional Research Service: Report, 1-30.
Soleymani, M. (2010). T he heavy price of globalization: Globalization and sustainable development. Perspectives on Global Development & Technology, 9, 101-118.
St. John, E. P. (2013). S ocial justice and globalization: Reconsidering public finance in college access. Harvard International Review. 35(1), 45-49.
Weber, J. E. (2014). H umanism within globalism. Adult Learning, 25(2), 66-68.
Goodhope, O. O. (2012). G lobalization: The emerging new knowledge economy and consumer behaviour dynamics. International Journal of Academic Research, 4(6), 197-203.
Margalit, Y. (2012). L ost in globalization: International economic integration and the sources of popular discontent. International Studies Quarterly, 56, 484-500.
Jaumotte, F., Lall, S., & Papageorgiou, C. (2013). R ising income inequality: Technology, or trade and financial globalization? IMF Economic Review, 61(2), 271-309.
Grimmett, J. J. (2011). D ispute settlement in the World Trade Organization (WTO): An overview.
Congressional Research Service: Report, 1-14.
Nelson, R. M. (2013). M ultilateral development banks: Overview and issues for Congress. Congressional
Research Service: Report, 1-20.
Weiss, M. A. (2013). I nternational Monetary Fund: Background and issues for Congress. Congressional Research Service: Report, 1-25.
Internet Resources
Access the following resources by clicking the links provided. Please note that URLs change frequently. Permissions for the following links have been either granted or deemed appropriate for educational use at the time of course publication.
International Monetary Fund. (n.d.). Retrieved from https://www.imf.org/external/index.htm.
World Bank Group. (2008). Retrieved from https://www.worldbank.org/
Brookings Institution. (2015). Retrieved from https://www.brookings.edu/research/topics/economic development.
Amnesty International. (2014). Retrieved from https://www.amnesty.org/
Children First International. (2014). Retrieved from https://www.childrenfirstinternational.org.uk/ F ace to Face International. (2013). Retrieved from https://www.facetoface.org/
Global Environment Facility. (2013). Retrieved from https://www.thegef.org/gef/ G reenpeace. (2014). Retrieved from https://www.greenpeace.org/usa/en/
International Institute for Sustainable Development. (2014). Retrieved from https://www.iisd.org/ I nternational Criminal Court. (n.d.). Retrieved from https://www.icc cpi.int/en_menus/icc/Pages/default.aspx
Women for Women International. (2014). Retrieved from https://www.womenforwomen.org/ W orld Wildlife Fund. (n.d.). Retrieved from https://wwf.panda.org/
Bookstore Resources
The resources listed below are relevant to the topics and assessments in this course and are not required. Unless noted otherwise, these materials are available for purchase from the C apella
University Bookstore. When searching the bookstore, be sure to look for the Course ID with the specific -FP (FlexPath) course designation.
Rourke, J. T., & Boyer, M. A. (2010). International politics on the world stage: Brief (8th ed.). New York, NY: McGrawHill.
Chapter 8, "International Law and Human Rights," pages 207-239. Chapter 12, "Preserving and Enhancing the Biosphere," pages 348-383.
Assessment Instructions
Economic development institutions such as the International Monetary Fund and the World Bank are examples of countries working together to help promote global economic stability and development. Are these institutions helpful, or are they detrimental to the countries with which they work? Is it important for countries to cooperate economically, or is it strictly a competition between nations?
In this assessment, examine an economic development institution (EDI), considering its development and structure and how the organization affects the countries in which it is located.
Preparation
Use the Resources provided (or others you find) to research economic development institutions. It is important to be familiar with the characteristics of these types of organizations and understand the effects they have on the countries in which they work, as well as world politics.
To prepare for this assessment, choose an economic development institution (EDI). You may choose an EDI from the suggested Internet links in the Resources, or you may choose another institution. You may need to research beyond the institution's Web site to complete this assessment.
Directions
For this assessment, complete the following:
Describe the EDI you chose and explain the EDI's relevance in world politics. Include the following: Mission.
Structure. Membership today. Scope of activities.
Overall success-or lack thereof.
Identify where the EDI works and where its headquarters are located.
Explain how the EDI affects the political arena in some of the countries in which it is located or works and whether it has become more influential over time.
Describe the social, economic, and environmental responsibilities and influences of EDIs.
What has been the effect of a particular economic development institution on the social and environmental performance of the countries in which it is located.
Has the EDI, since the inception of the organization, led to greater cooperation or competition (or both) within the countries in which they are located, and has that changed over time?
While content is the most important aspect of your paper, also important are organization, readability, grammar, and spelling. The length of your paper should be determined by its content.
Ensure your paper follows APA format. Add headers as appropriate, include a reference page at the end of your paper, and be sure to properly cite and provide references for material you use in your paper, per APA guidelines. The paper you submit should be in a Word document or RTF format.
Additional Requirements
Written communication: Should be free of errors that detract from the overall message.
APA formatting: Your paper should be formatted according to current APA style and formatting guidelines. Include a title page and a reference page.
Length: A typical response will be 4-6 typed and doublespaced pages. Font and font size: Times New Roman, 12 point.
References: Use at least three references.