Thomas Friedman Lecture The World is Flat

Financial Terms Lecture

credit rating (both for individuals and for countries)FICO score is your credit score, 35% payment history, 30% amt owed,%15 length of history,10% credit history,10% type of credit

Company rates countries standard & poors

Housing Crisis, including The Flaw

Review the film note sheet efficient market hypothesis =supply & demand, Greenspan screwed up didn’t raise interest rates only 1 housing bubble in last 100 years

Eurozone Crisis from Lecture and Film

What caused it, which countries have struggled,

common monetary vs. fiscal policy common=control money with supply and interest rates / fiscal-what you collect in taxes and how you spend it

piigs-portugal Ireland Italy Greece spain

IFI Assignment

  1. When and where were they founded, why? Help Europe after ww2
  2. What do they do today?global prolbems
  3. Why are they controversial? Give bad advice and make you do it, force everything at once
 

Paul Collier’s Bottom Billion

  1. 4 traps wars, resource dominates country, land locked bad neighbors, bad govt
  2. types of globalization, trade, money govt spending, migrationpeople moving
  3. lecture capital flight move money to other countries. Make money in Africa keep in dutch bank
  1. Dead Aid Chapter (Brief History of Aid) and Dambisa Moyo Interview
    1. Eras of aid 40-birth of IFI after ww2, 50-Marshall plan money to Europe rebuild them, 60 industrialization, 70 aid answer to poverty, 80 aid to stabilize countries, 90 spread democracy, 2000 only solution to africa
    2. Review Moyo interview note sheet glamor aid, cycle of aid, she wants to build factoies become partners

AIDS video

  1. How was AIDS spread in each country? Russia drugs, brazil Taiwan africa sex
  2. What policies appear to be working? Give drugs free in brazil
  3. Statistics from AIDS discussion in class 2013 2 million people got HIV in 2015 1 million got it so it is in half, people die of Tuberculosis, t cells less than 200 per 1 ml, 35 million have HIV
  1. NGOs from your class presentations CARE help women in poor countries and disaster relief, Heifer International end hunger and poverty, Mission Aviation Fellowship they fly others,TechnoServe builds farms and industries, Central Asia Institute illiteracy educates women, Mercy Corps helps suffering oppressive communities , Danish Refugee council move them. Apopo rat one, CURE cops don’t shoot anti violence , international rescue committee people after disasters give them supplies, KIVA micro loans, Grameen help farmers, Partners in Health Haiti, RED aids Africa,Against Malaria buy nets
  2. In One Slum (NY Times Article)

India half population lives here