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Weeks 5 or 6 essay on neoliberalism in Latin America or Southeast Asia For the part I review paper, students may write on international financial institutions (IFIs) and neoliberalism in Latin America or Southeast Asia instead of both Latin America and Southeast Asia. Students also have the option of writing a review for week 5 or week 6. Below are study guide questions for Duncan Green’s “The Poverty Brokers” and “Silent Revolution: Latin America 1991-2003” chapters, Dae-oup Chang’s “Neoliberal Restructuring of Capital Relations in East and South-East Asia” and Bill Hayton’s “The Communist Capitalist Playground” to help direct your reading, organize your thoughts and structure your prose. Although one only needs to write on week 5 or week 6, close readings of articles on Latin America and Southeast Asia would be helpful for comparative analysis. In addition to the self-clarification theory paper, regard the week 5 or week 6 essay as a building block for the part I review paper. A major difference between the week 5 or week 6 essay and your part I review paper is that for the latter you will integrate your readings on theory, Babb’s “The Washington Consensus as transnational policy paradigm” and McNally’s “The Day the Music Died”. Babb’s article offers a more general analysis on IFIs and McNally’s chapter offers a more general analysis on neoliberalism. The readings for weeks 5 and 6 are more region specific. Write a 3-page essay for week 5 or week 6 in Times New Roman, double-spaced, 12 point font. To be clear, you do not need to answer the questions below below point by point. The questions are intended to help you interpret the texts more effectively and hence help you write more clearly. The essay is due on Wednesday, May 10, 2017 at 11:59pm. Submit via file upload on Turnitin. E-mail me if you have any questions. Green’s “The Poverty Brokers” Discuss the nature of U.S. influence on IDB, IMF and World Bank.Discuss the presence of the IMF in Latin America. Based on what you have read so far, is the IMF’s presence in Latin America exceptional in any way?Represent Green’s presentation of the IFI’s logic for development in Latin America and Green’s critique thereof.How have IDB, IMF and World Bank helped engender poverty in Latin America? After all, the title of the chapter is “Poverty Brokers: International Monetary Fund”. What are similarities and differences between IDB, IMF and World Bank?How have IFIs helped foreign capitalists directly or indirectly generate profits?What are the similarities and differences between the Washington Consensus and post- Washington Consensus in Latin America? Green’s “Silent Revolution: Latin America 1991-2003” How did the era of neoliberal recovery (to use David McNally’s terminology) impact Latin America?According to Green, how does liberalization make the vast majority of Latin American economies more vulnerable to economic crises?According to Green, in which particular instances has the liberalization of Latin American economies proven to be beneficial?According to Green, what conditions allowed local Latin American businesses to survive liberalization?According to Green, who were the winners and losers of the liberalization of Latin American economies? What can be said in particular about the condition of workers in Latin America?What is Green’s assessment of mixed economies amid the liberalization revolution in Latin America? Chang’s “Neoliberal Restructuring of Capital Relations in East and South-East Asia” Discuss the export-oriented strategies Southeast Asian governments pursued?Discuss how Southeast Asian governments intervened to protect their economies from foreign capital?Who benefited from protectionism in Southeast Asia?What incentives did Southeast Asian governments use to attract foreign direct investment and transnational corporations?Discuss the role of the IMF and nature of its presence in Asia? Note that the presence of the IMF in Asia was less uniform than in Latin America.Represent Chang’s class-based assessment of economic development in Asia. Hayton’s “The Communist Capitalist Playground” According to Hayton, how does Vietnam owe its economic development to protectionism and liberalization?Discuss Vietnam’s relationship to the IMF and World Bank.According to Hayton, what is the Vietnamese government’s paramount priority? How does it successfully satisfy it while fulfilling other wants?What external pressures compelled the Vietnamese government to be more receptive to foreign capital and free-market economics?How did the Vietnamese economy transition from a communist economy to a somewhat more free-market economy?What is the Vietnamese government’s relationship to domestic capitalists as opposed to foreign capitalists?What is the nature of state involvement in Vietnam’s more economic liberal economy?According to Hayton, what is problematic about the Vietnamese government’s involvement in the economy?
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