Demonstrate college-level communication through the composition of original materials in Standard English.
This assignment deals with international macroeconomics and the importance of cultural diversity. This is a two-part assignment consisting of research skills to identify relevant information, and your analysis based on the information you located.
This assignment assesses your knowledge of the following Course Outcomes:
BU204-5: Examine how exports, imports, the balance of payments, and capital flows impact individual national economics and global economics.
GEL-1.02: Demonstrate college-level communication through the composition of original materials in Standard English.
GEL-6.05: Adapt research skills to discover and sort relevant sources to complete tasks.
PC-4.1: Assess the value of multiculturalism and diversity in a global environment.
In this assignment, you will choose an economically advanced country and a developing country, and will assume the role as an assistant researcher who is tasked with conducting a detailed study of how the different international trade situations and the differing cultural diversity produces the observable disparities between these two countries.
Your research must be detailed and presented in a minimum of a 4-page research paper.
The first half of your paper will describe, how you determined what data to collect, the sources of that data, how you sorted that data, the time periods that the data describes, and how you chose to analyze the data.
The second half of your paper will focus on your resulting conclusions regarding the differences between the two countries you chose. In addition, include your analysis of the cultural, social, and political diversity between these two cultures, and how these differences contribute to the economic differences you found based on specific evidence from the data you collected.
Using World Bank data, conduct research to determine how economically different the two countries, that you chose, are by examining and comparing economic and social indicators, such as the following, for the year 2015. Include the data that you collected as an appendix to your final report.
GDP (constant 2010 US$)
GDP per capita (constant 2010 US$)
Exports of goods and services (constant 2010 US$)
Imports of goods and services (constant 2010 US$)
External balance on goods and services (current US$)
External balance on goods and services (% of GDP)
Population, female (% of total population)
Population, male (% of total population)
Rural population (% of total population)
Urban population (% of total population)
Life expectancy at birth, female (years)
Life expectancy at birth, male (years)
Employment to population ratio, 15+, total (%) (modeled ILO estimate)
Employment to population ratio, 15+, male (%) (modeled ILO estimate)
Employment to population ratio, 15+, female (%) (modeled ILO estimate)
Individuals using the Internet (% of population)
Adolescent fertility rate (births per 1,000 women ages 15-19)
Prevalence of undernourishment (% of population)
Then, expand your research into the cultural differences, including political structure, average education, and social influences, to determine why these two countries are so different.
Access the WorldBank data from Purdue Universitys Economic Education website, or you can go directly to the World Bank website.
The following additional resources may help you to familiarize yourself with how multiculturalism and diversity play a significant role in aiding economic growth and development.
Arocena, F., & Porzecanski, R. (n.d.). Ethnic inequality, multiculturalism and globalization: The cases of Brazil, Bolivia and Peru .
Fensham, P. (2017). Planning in Australia: Economic benefits of cultural diversity .
Kivoto, E. (n.d.). Ethnic conflict and its impact on economic development in Africa: A case study of Kenya
Also, read the below from the Purdue Global Library:
Donnelly, R. (2015). Tensions and challenges in the management of diversity and inclusion in IT services multinationals in India. Human Resource Management, 54(2), 199215.
Part 1: Research
You will need to locate one or more scholarly articles from the Purdue Global Library that will help you to analyze factors that determine the disparities of economic growth among countries. The article(s) should provide you with information to answer Part 2 of your assignment. You will write about the process you went through to locate your article(s), thoroughly covering the topics below.
You must follow the following criteria for your research:
Explain how your search terms were refined.
Identify your choice of databases (for example: EBSCO or ProQuest ABI/Inform).
Identify the range of dates used.