GLOBAL ECONOMICS

1. Students are required to choose onecontinent: Africa, South east Asia, or Latin America.
2. Students will choose three countries with shared boundaries, or geographically close.
3. The report must answer the following general research questions:

a. What is the level of economic integration?

b. Are the countries adapted to be an Optimum Currency Area? Are some specific countries better prepared than others?

c. What is the dominant exchange rate system?

d. What are the interest rates` changes over this period? Explain interest rates fluctuations: short term ( < 1 year)-middle term. (2 years)

e. Express each countrys GDP in official exchange rate (US dollars) and using the Purchasing Power Parity approach. Explain the differences

f. Compare each countrys Balance of Payments. Compare countries` debt over GDP.

g. Economic Development: Explain the following indexes: Human Development Index, extreme poverty index, inequality index (Gini coefficient) and explain progress made under the Sustainable Development Goals.