To end up with a well-written and well-argued essay, this way you can avoid from filler parts. Since you have a limited space, please use it wisely and prepare your response to directly address the question. You can use different examples and case studies to strengthen your argument, but these should directly speak to the question, and you should explain your examples by providing sufficient detail. Please avoid from generalization, vague and generic arguments in your responses, because they weaken your analysis overall, and they will adversely affect your marks.
Essay Question:
- How have states attempted to solve the problems of underdevelopment and what are some of the failings of development strategies so far?
- Does everyone win with the globalization of trade and finance? Discuss with reference to International financial institution (such as IMF, World Bank…) and trade agreements.
Points to include:
-Economic liberalism: the free flow of commerce or trade without government intervention
-The power and role of Multinational corporations in determining the relations of investments and trades
-Global supply chain of MNC to avoid tariffs, banking policies, environmental regulations, cheap labour (exploitation in under developing countries)
-The international hypocrisy of Bretton Woods agreements (like the World bank, IMF,WTO, GATT…). Lending programs of IMF and its relation to poverty in the global south.
