2 groups then need to produce counter-evidence to each claim of misunderstanding named on the website. Record both where you got the information from and the author of the source. We will then review the misunderstandings and see whether you agree or disagree.
Groups C & D
Investigate the following common criticisms levied at the IMF, World Bank and WTO:
Race to the bottom
Earn more – eat less
Tool of the developed world
Reduces state sovereignty
Explain the basis of each of these criticisms and evaluate the validity of them.
Watch these videos and then answer the questions that follow each one. It is a good idea to take notes as you watch these videos – not too much detail, just a few keywords so that you can remember statements and main points.
PART 1 – Globalisation
For 30 seconds after watching these videos, write down your thoughts – just single words and questions about what you have just watched.
What did you think of the explanations for globalisation that were given in the video? Did they help explain globalisation to you? Were they missing anything? If so, what? How would you improve their explanations? What was the best explanation in the video? What was the worst?
In his video, Noam Chomsky says that we are all for globalisation. How does he qualify this statement?
PART 2 – The IMF, WTO and World Bank
You have 30 seconds to write your ‘stream of consciousness’ about what you have just watched.
As a group, discuss what you watched – ask each other questions if there was something you didn’t understand etc – and then come up with a statement about globalisation and one (or more) of its institutions that you will argue for or against. Prepare a short argument and be ready to share it with the class.
PART 3 – Multinationals
What is a multinational corporation?
The following activity is taken from the Power and International Politics Textbook:
Choose a multinational corporation from the following:
The World Bank, The International Monetary Fund and the World Trade Organisation are the three main institutions involved in promoting globalisation. Your next tasks will involve you looking more closely at what these organisations do and their effects on the world economy and certain countries.
You need to complete the following tasks by next lesson:
1. Using the textbook readings and internet sources (check the Diigo group) draw up a table which lists the anti and pro-globalisation arguments.
2. Using the websites listed below, the photocopy I gave you from the textbook and any other resources you can find on the internet, and working in pairs if you like, create short fact sheets about these major organisations. Include whatever you think is most important. Next week in class this will provide the basis for our revision wiki.
3. Find a recent article in an Australian newspaper (online) and an overseas paper about the IMF, WTO or World Bank to help illustrate who they are and what they do. Be prepared to add the link to our wiki with a one or two sentence description of the article.
4. Which countries are not members of the IMF and the World Bank? Why? These resources might help you:
Write up your answers on a word document or whatever else suits you. Bring your finished tasks to next class as we will be putting what we know together to create a resource for the whole class.
DON’T FORGET YOUTUBE as a resource for finding short videos to explain key concepts and organisations. They are not always great, but if you watch critically then there are sure to be a few that you can get some good quality information from.