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, total
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 University’s 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 . http://www.multiculturalismoenuruguay.com/Docs/Articulos/IJCSArocena.pdf
Fensham, P. (2017). Planning in Australia: Economic benefits of cultural diversity . https://www.sgsep.com.au/publications/insights/economic-benefits-of-cultural-diversity
Kivoto, E. (n.d.). Ethnic conflict and its impact on economic development in Africa: A case study of Kenya .http://www.academia.edu/11302119/ETHNIC_CONFLICT_AND_ITS_IMPACT_ON_ECONOMIC_DEV ELOPM ENT_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), 199–215.
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.
Identify the experts.
Identify how you sorted the relevant topics.
Locating scholarly articles:
Scholarly
articles must be current and of high quality. These include
peer-reviewed academic articles, articles published in journals, and
other library resources found in the Purdue Global Library.
How to access the ABI/Inform database, selecting peer-reviewed journal articles:
Locate the Library link from Academic Tools.
Scroll midway down the page and locate “ProQuest ABI/Inform Collection.”
Make sure “Full text” and “Peer Reviewed” are checked.
Enter your key word(s) in the search area and select the search button.
Under Source Type, select Scholarly Journals.
In Course Resources under Course Documents, you
will find an interactive tutorial on “How to Access the ABI/Inform
Database” to learn more on how to access and search using the database
along with additional resources.
Part 2: Conclusions
Based on the articles provided and the research you
conducted using the Library and Internet, identify key factors that
determine long-term economic growth by comparing two different countries
of your choice. One advanced economy such as England, Canada, Germany,
etc., and the other country is considered a developing economy, such as
Angola, Afghanistan, Bangladesh, etc.
Explain how economically different the two
countries are, by examining at least five different economic indicators,
such as gross domestic product, gross domestic product per person,
exports, imports, the balance of payments, and the differences in at
least three of their social indicators, such as population, population
per square kilometer, etc. 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
economically.
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