Empowering Global Citizens

Coun

Variables Guatemala Honduras El Nicaragua Costa
Salvador Rica

 

1. Then ask the students to make a decision. Ask them to study the
possible risks associated with their decision.

2. Ask them how their decision change would change if investing in
China were an option.

3. Also ask the students to consider how their decision would change
if the company wanted to install a client—assistance center in the
United States instead of manufacturing clothes.

4. Finally, make a series of conclusions regarding benefits, costs, and
risks for companies when they invest abroad, and decide which of
those factors determine their decisions regarding investments in

other nations.

Activity 4

The Washington Consensus and the Argentinian Crisis
(1 999—2 002)

Students form a reading group and are asked to read portions of the follow~

ing books and to then discuss and present their views on the texts:

0 The Wind of the Hundred Days: How W/ashington Mismanaged
Globalization, by Jagdish Bhagwati

0 Glohalization and Its Discontents, by Joseph Stiglitz

0 The End ofPoi/erty: Economic Possibilities for Our Time, by Jeffrey Sachs

0 The Elusive Quest for Growth: Economists Adventures and
Misadventures in the Popics, by William Easterly

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