Part III: Impact of the Economic Crisis on the International Community
“We must remember that developing countries don’t have automatic stabilizers. We don’t have integral social service systems that protect people and families from the crisis, but rather people and their families receive the entire effect of the crisis because we don’t have these systems of protection.”
While the impact of the economic crisis of 2008 still resonates through the local communities of the United States, it has also had an effect on communities around the world. The decline in major consumer markets such as the United States, China and Great Britain has reverberated across the globe. The decline in overall consumption and spending by the world’s most wealthy nations has been devastating on smaller communities reliant on this spending.
In Part III of the Semester Final Project, you will visit the United Nations Development Programme website about the global impact of the economic crisis to research and gather information to complete your assignment.
The project can be submitted in the format of your choice, such as a slideshow presentation, research paper, or journalistic podcast, as long as all criteria below are addressed. The project should include two parts:
A report on the international impact of the global crisis, including three outcomes of the overall impact of the economic crisis on developing countries.
A report on one of the five regions of the world covered on the United Nations website, with a specific focus on how the economic crisis has impacted that region. Start by addressing the questions below.
How has the economic crisis impacted the region?
What steps are being implemented by the UNDP to facilitate development?
What is the immediate economic outlook for the region?
What other steps are being taken locally or globally to address the issues being faced?
Please access the United Nations Development Programme website to begin your research, and then continue your research beyond this one resource. (Or use the following keywords in an online search: United Nations Development Programme Economic Crisis)
Sample Solution
