SO 355

Weekly Study Guide - December 1

For this week you need to know the following concepts:

For a definition and example, click on a concept and a link will open. The best way to learn this information is to use 3"x5" index cards, writing the concept on one side of the card and the definition and example on the other side. 

The following questions will guide your reading for this week and will serve as a basis for class discussion. Please prepare an answer to the question that corresponds with your assigned number in your small group. You may also use one or more of these questions as a starting point for your sixth essay.
1. What, according to Weller and Hersh, is “the Washington Consensus”? How is this related to economic globalization?
2. Why do Weller and Hersh claim that economic globalization increases poverty? What evidence do they present to support their position?
3. What major contradiction do Weller and Hersh point out in the viewpoints of the World Bank and the IMF? What position do they take on this issue? Do you agree or disagree with them? Explain why.
4. What does Stiglitz mean by “an unfair trade agenda.” To whom is it unfair? How did this happen?
5. What are Stiglitz’s proposals for making globalization work? Are they convincing to you? Why or why not?  
For a printable version of this week's discussion questions, click here.