For each organisation you need to be able to:
Read the articles below, using one summary sheet per organisation to organise your ideas as you read.
The following article provides a background to the IMF as well as a discussion of both strengths and criticisms and can be used, alongside your textbook for a general overview of the IMF.
Article: Master, J. & Chaztky, A. (2020, August 20) The IMF: The World’s Controversial Financial Firefighter. Retrieved from Council on Foreign Relations:https://www.cfr.org/backgrounder/imf-worlds-controversial-financial-firefighter
The Council on Foreign Relations is a "nonprofit, publisher, and think tank specializing in U.S. foreign policy and international affairs" described as a LEAST BIASED source, rated HIGH for factual reporting (03/21).
Use the articles below to explore:
Article: What eurozone countries can learn from South Korea. (2012, July 9) Retrieved from BBC: https://www.bbc.co.uk/news/business-18719079
The BBC is a LEFT-CENTRE source, rated HIGH for factual reporting (03/21)
Article: Sudan approved for debt relief, $2.5 billion funding by IMF. (2021, June 30) Retrieved from Reuters: https://www.reuters.com/world/africa/sudan-crosses-last-hurdle-towards-debt-relief-sudanese-official-2021-06-28/
Reuters is a LEAST BIASED source, rated VERY HIGH for factual reporting (03/21)
Use your textbook to explore:
Use the articles below to explore Structural Adjustment Programmes (Austerity programmes) SAPs in the following contexts:
Video and article: Greece emerges from Eurozone bailout programme. (2018, August 20) Retrieved from BBC News: https://www.bbc.co.uk/news/business-45243088
The BBC is a LEFT-CENTRE source, rated HIGH for factual reporting (03/21)
Article: Rogoff, K. (2019, October, 3) Does the IMF need to refocus its role after the Argentina crisis? Retrieved from The Guardian: https://www.theguardian.com/business/2019/oct/03/does-the-imf-need-to-refocus-its-role-after-the-argentina-crisis
The Guardian is a left-centre source rated high for factual reporting.
Article: Inman, Phillip. (2019, March 30) The west is exporting austerity to Africa. It’s a disaster.
Retrieved from The Guardian: https://www.theguardian.com/business/2019/mar/30/west-austerity-africa-debt-aid-loans
The Guardian is a left-centre source rated high for factual reporting.
The following article provides an overview to the World Bank.
Article: Masters, J. &. (2019, April 9). The World Bank group’s role in global development. Retrieved from Council on Foreign Relations: https://www.cfr.org/backgrounder/world-bank-groups-role-global-development
The Council on Foreign Relations is a "nonprofit, publisher, and think tank specializing in U.S. foreign policy and international affairs" described as a LEAST BIASED source, rated HIGH for factual reporting (03/21).
Use your textbook to explore:
Use the articles below to explore:
Video: World Bank. (2023, February 14) Driving Global Trade for Development. Retrieved from YouTube: https://www.youtube.com/watch?v=jYJP2J5yid4
Article and Video: World Bank Group Announces $200 billion over Five Years for Climate Action. (2018, December 3) Retrieved from The World Bank: https://www.worldbank.org/en/news/press-release/2018/12/03/world-bank-group-announces-200-billion-over-five-years-for-climate-action
This is a Press Release from the World Bank about its own work. The World Bank is an internationally respected organisation so it is likely to be factually correct but will be biased towards presenting the World Bank in a good light.
Use the articles below to explore:
Article: Steffen, S. (2015, April 16) World Bank failed to protect the poor, research shows. Retrieved from DW (Deutsche Welle):https://www.dw.com/en/world-bank-failed-to-protect-the-poor-research-shows/a-18388491
DW News (Deutsche Welle) is a LEFT-CENTRE source, rated HIGH for factual reporting (04/21)
Article: World Bank gives China billions in loans despite US objections (2019, December 6). Retrieved from Al Jazeera:https://www.aljazeera.com/economy/2019/12/6/world-bank-gives-china-billions-in-loans-despite-us-objections
Al Jazeera is a LEFT-CENTRE source, rated MIXED for factual reporting (03/21)
The following article provides an overview to the World Trade Organisation.
Article: McBride, J., & Siripurapu, A. (2022, June 10). What's next for the WTO? Retrieved from Council on Foreign Relations: https://www.cfr.org/backgrounder/whats-next-wto
The Council on Foreign Relations is a "nonprofit, publisher, and think tank specializing in U.S. foreign policy and international affairs" described as a LEAST BIASED source, rated HIGH for factual reporting (03/21).
Use your textbook to explore:
Use the articles below to explore:
Video: WTO agrees global trade deal worth $1tn. (2013, December 7) Retrieved from BBC News: https://www.bbc.co.uk/news/business-25274889
The BBC is a LEFT-CENTRE source, rated HIGH for factual reporting (03/21)
Article: EU paid Airbus billions in illegal subsidies, WTO rules. (2018, May 15) Retrieved from BBC News:https://www.bbc.co.uk/news/business-44120525
The BBC is a LEFT-CENTRE source, rated HIGH for factual reporting (03/21)
Use the articles below to explore:
Video: The Economist (2019, November 14). America v China: why the trade war won't end soon. Retrieved from YouTube:https://www.youtube.com/watch?v=ErwIlvQ_RVk
The Economist is a LEAST BIASED source, rated HIGH for factual reporting (03/21)
Article: Bounds, A. (2022, June 13). The WTO's lonely struggle to defend global trade. Retrieved from The Financial Times: https://www.ft.com/content/f81e4abe-cf53-485c-afbf-1b3870872384
You need to be a subscriber to the FT to access this article. It is easy and free, just follow the instructions in the second box down on the right.
The Financial Times is rated 'least biased' and high for factual reporting by mediabiasfactcheck.com.
The following articles provide overviews to G7 and G20.
Article: CFR.org Editors. (2023, June 28). What does the G7 do? Retrieved from Council on Foreign Relations: https://www.cfr.org/backgrounder/what-does-g7-do
Article: McBride, J, Siripurapu, A. & Berman, N. (2022, December 15). What does the G20 do? Retrieved from Council on Foreign Relations: https://www.cfr.org/backgrounder/what-does-g20-do
The Council on Foreign Relations is a "nonprofit, publisher, and think tank specializing in U.S. foreign policy and international affairs" described as a LEAST BIASED source, rated HIGH for factual reporting (03/21).
Use your textbook to explore:
Use the articles below to explore:
Article: Kalin, S. & Lawder, D. (2020, March 26) G20 leaders to inject $5 trillion into global economy in fight against coronavirus. Retrieved from Reuters News:https://www.reuters.com/article/us-health-coronavirus-g20-saudi-idUSKBN21D0XL
Reuters is a LEAST BIASED source, rated VERY HIGH for factual reporting (03/21)
Article: Did Live 8 and G8 help cut Africa's debt burden? (2015, July 10) Retrieved from BBC News:https://www.bbc.co.uk/news/business-33388990
The BBC is a LEFT-CENTRE source, rated HIGH for factual reporting (03/21)
Use your textbook to explore:
Use the article below to explore:
Article: G20 Argentina: Rifts laid bare as world leaders meet (2018, November 30). Retrieved from BBC News: https://www.bbc.co.uk/news/world-latin-america-46395758
The BBC is a LEFT-CENTRE source, rated HIGH for factual reporting (03/21)
Article: G7 summit ends in disarray as Trump abandons joint statement (2018, June 10). Retrieved from BBC News: https://www.bbc.co.uk/news/world-us-canada-44427660
The BBC is a LEFT-CENTRE source, rated HIGH for factual reporting (03/21)
Use this document to organise your ideas. Use one sheet per organisation. If you choose to print it and fill it in by hand you might want to consider printing on A3.
The Financial Times offers free access to school students aged 16-19 (and their teachers/Librarians). Sign up for an individual account while you are logged on using a school wi-fi (or wired) connection:
Once you have created your account, you can then use these log in details anywhere - in or out of school.
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