Position Papers
Position Paper 1 to 1.5 pages Facts about country and topic Proposals for resolutions (ideas of what to do in the future) Used later for Opening Speeches
PP Paragraph Breakdown (1) Introduction
PP Paragraph Breakdown (1) Introduction (2) Domestic Action (What has happened in your country?) Past policies and issues in your country Current situation Statistics and Quotes
PP Paragraph Breakdown (1) Introduction (2) Domestic Action (What has happened in your country?) Past policies and issues in your country Current situation Statistics and Quotes (3) International Action Past resolutions or agreements in which your country took part Current Global Issue Statistics and Quotes
PP Paragraph Breakdown (1) Introduction (2) Domestic Action (What has happened in your country?) Past policies and issues in your country Current situation Statistics and Quotes (3) International Action Past resolutions or agreements in which your country took part Current Global Issue Statistics and Quotes (4) Future Resolutions (At least 2) (5) Conclusion (Optional)
Introduction Introduce Topic Give background information How does the issue affect your country OR countries similar to yours? Express an opinion
Writing Reminders and Assignment 12 pt. font Single spaced Times New Roman Draft of Introduction Due Monday TYPED
Trashketball
Rules of Trashketball Each group gets 15 seconds to answer a question If you get the question right, one person gets to shoot into the basket to score points If you get it wrong, the next team can steal 1 point, 2 point, and 3 point options
Rules of Trashketball ONLY answer a question on your turn (or you lose your turn) DONT talk to other groups to get answers NO screaming
1. What is the IMF?
A financial organization that loans money to developing countries.
2. What are the 3 topics of debate for Global Classrooms
Conditionality Debt Forgiveness Voting Reform
3. What is Conditionality?
The people lending the money make the people borrowing the money do specific things.
4. What is a risk of Debt Forgiveness?
Countries that loaned money can lose money.
5. What is an argument for Debt Forgiveness?
Countries can t develop if they have crippling debt.
6. How is voting determined in the IMF?
It is proportional to the country s quota.
7. Order the countries based on most to least votes. (Israel, Argentina, Denmark, Somalia, Dominican Republic)
Argentina (0.87%, 22) Denmark (0.78%, 25) Israel (0.45%) Dominican Republic (0.12%) Somalia (0.05%) USA (16.74%) Equal voting (0.53%)
8. Between 1998 and 2002, this country experienced a great depression. They executed the largest default (couldn t pay back there loans) in international history.
Argentina Experienced crippling debt Argentina was following the IMF s advice IMF kept giving money to Argentina despite tax evasion and money laundering The IMF admitted to supporting bad policies In 2006, Argentina repaid the IMF loans but still have some debt in other areas Argentina cannot borrow from international markets because of the default in 2001
9. This country is currently lending 313.96 SDR million to the fund.
Denmark
10. This country has a 142 SDR Million loan from the IMF and owes 61.27 SDR Million in 2015.
The Dominican Republic The DR s public debt has increased since 2008
11. This country was the first country to be censured by the IMF for not providing accurate data.
Argentina IMF needs data to monitor Argentina s performance Economists say Argentina s official statistics on inflation and economic growth are inaccurate Argentina refused to participate in the IMF s annual economic review of the world s economies
12. This country borrowed money between 1974-1976 because of conflict in the Middle East.
Israel
13. This country owes 111.55 million SDR in overdue debt and 124.69 million SDR in interest to the IMF.
Somalia Somalia just rejoined the IMF in 2013 after 22 year break because of civil war increases The IMF has been helping the Somalis improve their economic system Economic conditions have improved since 2013 Cannot receive more money from the IMF Somalia s debt is 93% of its GDP
14. This country is currently lending 48.61 SDR million to the fund.
Israel
15. Name of 5 of the Top 10 nations in the IMF.
USA, Japan, Germany, France, UK, China, Italy, Saudi Arabia, Canada, Russia
16. Do you think Denmark would support Debt Forgiveness. Why or why not?
17. What kind of Debt Reform would the DR support?
18. What might Argentina think about Conditionality?
19. Would Israel support Debt Forgiveness? Why or why not?
20. Would Somalia support Loan Forgiveness? Why or Why not?