Please note the assignment schedule:
Monday 2/9 - Key issue #1 (Chapter 9) due at the beginning of class.
Wednesday 2/11 - Key issue #2 (Chapter 9) due at the beginning of class.
Tuesday 2/17 - Key issue #3 (Chapter 9) and "Gapminder Development Lab" due at the beginning of class.
Friday 2/20 - Key issue #4 (Chapter 9) due at the beginning of class.
Monday 2/23 - Quiz on Development (Chapter 9) - you may use your notes on Key Issues #1-4.
Please read through "Financial Integration in Central America: Prospects and Adjustment Needs" (IMF, 2003) before class begins. Be prepared to discuss the following questions:
1.What is the IMF?
2.What are the goals of the IMF?
3.What was the 1997 FSA?
4.What is CAFTA?
5.What is the WTO? What are the organization's goals?
6.What banking market access restrictions existed in Honduras under the 1997 WTO Financial Service Agreement?
7.What rationale does the IMF provide for making the case for “open regionalism?” Use specific evidence from the text.
8.According to the IMF, what challenges did Central American countries face to financial integration in 2003?
9.According to the IMF, what adjustment needs were needed in Central America in 2003 in order to achieve successful financial reform?
10.In conclusion, what policy recommendations did the IMF advocate for Central America in 2003?
–Do the IMF’s suggested policy reforms support the self-sufficiency approach or Rostow’s Model? Explain.
–Do you agree with the IMF’s suggested policy reforms? Explain.