Illustrate how Gross Domestic Product is measured and discuss problems in measuring it.
Briefly discuss the changes brought about by the Covid 19 pandemic and the implications of the Russian invasion of Ukraine on economic globalization.
Briefly outline your understanding of the Bretton Woods Order – what was Bretton Woods?
Contrast Third World debt with First World debt. What are the differences between the Bretton Woods era (1948 – 1972) and the Liberalisation era (1973 – 2008)?
Are global imbalances a result of a world savings glut and manipulation by Chinese authorities or a U.S. mortgage market so awash with cash that you could get a 100 percent mortgage with no income, no job, and no assets? Set out the basic arguments.