MLA Format, 6-10 pages double spaced, and no minimum/maximum requirement for sources, use primary sources if available, but secondary sources can be used too.
Requirements: include the role played by financial innovations in the 2008 financial crash (variable rate loans ′AMRs′ and credit default insurance contracts) and the responses to it.
Also, a comparison with the effectiveness of the policy response adopted in at least one other country must be included.
This is a research paper highlighting the 2008 Finacial crisis and what led to it, and most importantly evaluating how the U.S. government responded with policy, arguing its effectiveness.
Attached is my professor-reviewed executive summary with some sources I′ve already found. Also attached will be the syllabus for this paper and the class PPT (power points) that were provided, for reference.
The outline I thought of, but can be changed, to what seems best to meet the requirements:
-Introduction- Strong hook, and intro, with a transition into the thesis, something along the lines of…The quick policy responses from the United States government proved to show an impact on economic recovery
-Body Paragraph 1- what caused the 2008 financial crash (inclusion of required financial innovations: variable rate loans &credit default insurance contracts)
-Body Paragraph 2- First policy response example, Economic Stimulus Act of 2008, its impacts/goal, how it approved an issue, backed with data research
-Body Paragraph 3- Second policy response example, the Troubled Assets Relief Program (TARP), its impacts/goal, how it approved an issue, backed with data research
-Body Paragraph 4- Third policy response example, the American Recovery and Reinvestment Act (ARRA) of 2009, its impacts/goal, how it approved issues, backed with research
-Body Paragraph 5 (can go where you see the best fit for it)- Comparing the effectiveness of U.S. policy to the effectiveness of the policy response adopted in at least one other country (I chose Germany in my executive Summary because its the largest economy in the European Union, but if you find a better country comparison it can be changed)
-Conclusion- Restating main points and connections, restating thesis with a strong concluding statement
There is no requirement for how many policies are shown, but the effectiveness of policy must be showcased, with credible source data to back it up.
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