Write a paper about Developments / International Monetary System / Context of Globalization

1. What is the "Trilemma"?

2. When did Euro notes and coins begin to circulate? What are the components of the convergence criteria?

3. [a] What were the causes for the 1980s' debt crisis? 3[b] In the online manual, what has been emphasized as key factors in African and Latin American growth for the future?

4. What are some factors that could identify when a country may be vulnerable to an exchange rate crises?

5. [a] What factors did Blanchard (2009) list as precipitating the crisis in the US mortgage-backed secutities market? 5[b] Which two mechanisms amplified the effects of the crisis?

6. Why would the renminbi [RMB] not yet become a key reserve currency?