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Author
Description
"Lester Thurow argues now is the time to shape globalization into what we want it to be - before it's too late. Today, he explains, we are at a critical crossroads in the development of the global economy. We can sit back and let it grow as it will, or we can seize the moment and build economic systems that will minimize instability, allow second and third world countries to thrive, and protect and enhance our own American interests. In short, a win/win...
Description
Filmed in China, India, South Africa, and the U.S., this program demonstrates how the evolution of international trade has made English an indispensable business partner all around the world. Case studies spotlighting Coca-Cola, Bloomberg Television, Virgin Atlantic, Mahindra BT, and the British School of Language emphasize the importance of seamless communication across time zones, geographical boundaries, and cultural divides. Featured personalities...
Description
This fast-paced animated case study examines the International Monetary Fund's role in assisting countries under economic distress. Spotlighted is a fictional country called Ruritania, whose litany of monetary problems includes government's role in the economy surpassing that of the private sector; wasteful government spending to employ relatives of politicians; subsidies to civilians who do not need social benefits; low tax revenues, prompting heavy...
Description
Free trade is a vital source of economic growth, yet it is frequently endangered by the protectionist demands of special interest groups. Module one of this program uses the Hungarian clothing industry to illustrate the comparative advantages of international trade; module two goes inside the WTO, the only international body dealing with the rules of trade between nations; and module three seeks to understand strategic trade policy through the example...
Description
Although members of the E.U. value its practicality and the African National Congress calls it indispensable, not everyone agrees that English should dominate the global dialogue. In this program, Thomas Patterson, of the Kennedy School of Government; Nicholas Ostler, of the Foundation for Endangered Languages; the president of CNN International; advocates and opponents of the English-only movement in America; and others debate the value of English...
Description
In IMF parlance, what does "surveillance" mean? And how does the IMF decide who gets a loan? This program describes how the IMF monitors national economic policies for their impact on the Fund's 180-plus member nations and how loans are made to ailing or emerging economies. Topics under consideration include Article IV consultations and poverty- and debt-reduction initiatives. Former IMF Managing Director Michel Camdessus; Edwin Truman, Assistant...
Description
The export of Western culture has made English a star performer on the world stage. This program discusses the ubiquity of Shakespeare and the King James Bible, explaining their roles in propelling English into preeminence as a language for cross-cultural expression. The success of TV as a medium for disseminating English is also explored, as is the appeal of English in movies and music to audiences in India and Japan. Ebonics as a dialect of American...
Description
The consensus of the world's leaders is that economic stability and cooperation offer the best hope for global peace. Using interviews with members of the International Monetary Fund's Board of Governors-each one the head of a national central bank or a minister of finance-this program explains how the IMF is structured and illustrates how it sets policy. The program also uses archival footage to examine the dual birth of the IMF and the World Bank...
Description
Antitrust laws, trade regulations, and property ownership work together to preserve the balance of rights among consumers, retailers, and employees. Module one of this program explains how citizens of Zurich voted to extend shopping hours, overturning an obsolete market intervention; module two examines fair competition in the case of Volkswagen/Audi v. The European Commission; and module three examines how Venice, in an absence of private property...
Author
Description
"Once the embodiment of prosperity, the United States now finds itself in a precarious position. With its financial system in shambles and global standing on the wane, many believe we are witnessing the end of the American era ... The author describes how widespread economic changes--the product of growing conflict and wars, shortages, logistical disruptions, and a breakdown of the established political and monetary order--will impact businesses as...
Description
As the tiger economies of East Asia turned from boom to bust in the 1990s, the general public was amazed, yet many economists nodded their heads knowingly. This program focuses on the plights of Indonesia, Hong Kong, and Malaysia, where nepotism, cronyism, corruption, suppression, and the exploitation of cheap foreign labor brought about a financial crisis of enormous proportions. These regions grew too quickly without proper controls and economic...
Description
How do countries evaluate the performance of their economic systems and national economies? In module one of this program, the Italian Statistical Office applies the U.S. concept of Gross Domestic Product, while in module two economists in Finland consider the GDP plus social indicators to gain a fuller economic picture. Module three illustrates how Hungary, a former communist bloc country, monitors its transition from a planned economy to a market...
Description
The investment/growth cycle relies on synergy between government and industry. Module one of this program features the UN's International Fund for Agricultural Development, which assists in the progress of low-developed countries around the world. Using Singapore's economic success as a model, modules two and three highlight two prerequisites for economic growth: political credibility derived from sound economic policy and investment in human capital....
Description
In the world of business, what are the benefits and drawbacks of state intervention in the private sector? Modules one and two of this program investigate the impact of Poland's transition from a state-managed economy to a market economy and New Zealand's fundamental reorientation from a socialist welfare state to liberal capitalism. Module three studies how private enterprise and local communities have cooperated to create a successful zone of commerce...
Description
By the end of the 1980s, Argentina was caught in a perilous vortex of hyperinflation. In this program, the former Minister of the Economy, the former Secretary of the Treasury, bank president Eduardo Escasany, economist Martin Redrado, and others discuss the measures taken at that time to stabilize the economy, including establishing a currency board, deregulating and privatizing key industries, reforming the labor market, and asking the IMF for a...
18) SuperPower
Description
In this program, Niall Ferguson asks what China's growing global presence and aggressive nationalism mean for the rest of the world. The West is increasingly dependent on China's money to bail out its own fragile economies - but at what price? What would it be like to work in a Chinese-dominated world? Should China's abuse of human rights criticized, or ignored?
19) Maostalgia
Description
In this program, Niall Ferguson asks how China manages to live under a Communist government but with a thriving capitalist economy. He travels to the new supercity of Chongqing and to the rural backwaters of Anhui to talk with survivors of Mao's regime, new billionaires, and Maoist nationalists, and finds the way China is governed now is eerily similar to the way it was under the First Emperor.
Description
China's Great Wall suggests a land that shut itself off from the world, yet travelers, ideas, inventions, and goods have flowed in and out of China since ancient times. Buddhism and Islam entered via its fabled silk roads, and innovations in the arts and industrial sciences were exported from its cosmopolitan seaports to the centers of the known world. Why, then, did the most powerful economy on Earth isolate itself from outside trade? In this program,...
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