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3 pages/β‰ˆ825 words
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Social Sciences
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English (U.S.)
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Topic:

Global Economy and Development Cooperation

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Critically analyze the readings and ask six reading response/discussion questions. Your questions should engage directly with the concepts and arguments in the readings. The main things the questions need to do are to engage analytically with the readings and to bring ideas that aren’t in the readings already. One way to do this is to pay close attention to the arguments made, try to identify problems or tensions in them, and see how they compare with the arguments made in the other readings. Another is to compare the empirical material discussed by the authors and ask a question about similarities and differences (and their possible explanations). A third tactic is to think about what’s left out of the reading (topics the author doesn’t discuss) and how the reading might change if they were to be included. The key thing, though, is to show that you are really grappling with the reading – evaluating arguments, making comparisons, thinking about what’s missing, making connections to theory, etc. Your six questions should be about 3-4 sentences long. Please note that all of your questions must refer specifically to not less than one reading (make linkages between them where possible) and no formal referencing is needed. You ONLY need to include page references when you are addressing a specific argument/fact/etc.
You should take care NOT to ask the following types of questions:
1. Questions that ask for a summary of the text. Thus, “What, according to Kristen Hopewell, are the emerging power alliances in global trade governance?’” is not a good question.
2. Questions that cannot be answered without detailed knowledge of events not covered in discussions. Thus, “How does the governance of trade under the WTO compare with the way trade was governed in 11th century East Asia?” is not a good question.
3. Questions that ask your reader to do all the work. It’s not enough to bring up an interesting topic from a reading, X, and say “explain X” or “discuss X” or “what do you think about X” or “how would the world be different if X had never happened” or “is X still happening/possible/important today” or “what could be done to solve the problem X” or “is it right/fair/ethical/just that X” or “was X a good idea” or “do you agree with X” or “compare and contrast X and Y”. The problem with questions like these is that writing them is too easy – you just need to find six policies or events and stick them into the formulae where it says “X”. These sorts of questions are not completely off limits, but they need to be pushed further – so if (for instance) you are asking how the world would be different if X had not happened, you need to suggest other things that might have happened, the likelihood that they could have happened, who might have wanted to see something else happen, and maybe some speculation about why X did in fact happen (luck? elite interests? US pressure?). That is, you need to show that you have put some thought into the question.
Don’t do enough to go beyond ideas that are already raised in the
readings and/or pose the kinds of “X” questions that the assignment asks you to avoid.
You should try not to ask questions that identify a theme in the readings and then just ask
your reader for an opinion/response.

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Development and Development Cooperation
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Development and Development Cooperation
Introduction
Concerning the global economy, there are economic developments and dynamics shaping countries' progress economically. As a means of forecasting and predicting changes in the economy, various economic blocs, such as the European Union (EU), formulate economic policies. Formulation and implementation of economic policies is a complex process, which can result in tension within nations. The EU, for instance, has experienced tensions based on its external development policies. These external policies conflict with the aspect of being ethical or self-interested in terms of nations' approaches economically. Regional and economic blocs such as the World Trade Organization (WTO) included face difficulties in harmonizing countries' political-economic interests. The issue of illiberalism has led to escalating tensions concerning a geoeconomic rivalry across the world.
The dynamics in the global political economy. How world leaders are influencing economic policies. Is it prudent for world leaders to implement economic policies solely?
It is a type of economy that is not founded on free trade principles regarding the world economy. There tend to be economic policies, especially those formulated by economic powerhouse such as the United States (US), which plays an integral role in the global economy. On the other hand, alternatively, there are other emerging strong economic nations such as China. When Donald Trump came into power as the US President, he adopted illiberal policies to approach the global economy. President Trump, for example, hampered the operations of the WTO by imposing trade tariffs outside the framework of the WTO. Trump's actions resultantly conflicted WTO mandate for the regulation of trade globally. World leaders should seek consultations on economic policies such as from the Congress in the US since the global economy does not operate on the foundation of free trade.
The shifting of economic power among trading blocs. How the dynamics of economic powers is playing along within economic blocs. Do economic policies alter the bargaining power of regional blocs?
The first phase of the 21st century has experienced a wave of rebalancing in the global economy. While the Western sphere experienced diminished financial growth and instability, other emerging economic powerhouses were on the rise, Holden (2020, p.104). The emerging powerhouse includes China, Brazil, and India. Besides, there have been other somehow 'smaller' developing economies such as Turkey and Mexico. Turkey and Mexico, for example, are beginning to show signs of growth in the economy, affirming their increased weight in world trade. Bas...
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