Write a country issue brief about the impact of a capitalism-related topic on the developing country previously selected and approved
PROJECT PHASE 3 – COUNTRY ISSUE BRIEF
Write a country issue brief about the impact of a capitalism-related topic on the developing country previously selected and approved. Remember that you should write about a RECENT manifestation of the topic (no more than two years old). The country issue brief should be no more than 2 pages—excluding the bibliography—word-processed, double-spaced, and use Times New Roman, 12-point font.Submit your paper on Canvas in Microsoft Word or PDF format ONLY.
In your submission, do the following [Number your responses, please]:
(A) Clearly identify your topic and developing country. E.G. “This paper discusses the impact of structural adjustment programs in Nigeria.” Or “In this paper, I address HIV/AIDS in Haiti.” (B) Indicate the reason why you chose that country.
Using data collected for phase 2, summarize the country’s economic situation: type of economy (e.g. free enterprise, state-managed), economic standing in comparison to other countries (GDP, GNI, OR HDI, and its ranking in relation to other countries). Do so in FULL sentences, culminating in a paragraph.
Define your topic (if a concept). Describe or explain it (if a broad topic or theory). FOR DEFINITIONS, PLEASE USE FOR A SCHOLARLY DEFINITION FROM EITHER YOUR TEXTBOOK, A SCHOLARLY ARTICLE, OR OFFICIAL WEBSITE ENDING IN .ORG, .GOV., OR .NET.
Using your textbook as a source, briefly indicate how your topic is related to the culture of capitalism.
Describe your findings: What did your external source (news source or research article) tell you about the topic? As you describe your findings, answer these specific questions:
i) How did the issue come to affect the country? [E.G. If your topic is currency devaluation, why did it occur?]
ii) What have been the consequences–positive and/or negative–on the country economically, politically, and/or socially?
ii) How has this issue affected citizens of the country (positively and/or negatively?)
What are your thoughts about what you have found? What do your findings suggest about the culture of capitalism? [HINT: Perhaps they tell you that while capitalist policies can encourage economic growth, the benefits of such are not experienced by all groups in a society.] Note: What matters here is that your answer shows understanding of the culture of capitalism as described in the text and the course, and as applied to the case you studied.
NOTE: Avoid plagiarism. Use your own words and make minimal use of direct quotes. ALWAYS properly document your sources using both in-text citations, and a reference, or works cited page using the conventions of the Modern Language Association (MLA).
This assignment uses Turnitin, an online tool for detecting plagiarism. Submissions that appear to match someone else’s by more than 20% will be penalized.
Accurate response to all sections of the prompt.
Selects appropriate sources.
Content is current (no more than two years old).
Shows understanding of the chosen topic and culture of capitalism (as explained in the course/by Robbins and Dowty).
Submission is organized as instructed, including numbered responses.
Submission is double-spaced, uses the correct font type and size, and submitted in MicroSoft Word or PDF format.
Contains both in-text citations and a works cited page/reference list. Accurately cites sources using the MLA’s conventions.
Contains no more than 20 % unoriginal work as reported by Turnitin.
Submission is generally well-written.
Writing is comprehensible and ideas are clearly communicated.
Uses correct grammar/punctuation, good sentence structure, and appropriate transitions.
There is evidence the submission was carefully proofread.
You should use the developing country approved for phase 1, and the topic, sources, description (economic standing) for phase 2. If your country/topic/sources/description (economic standing) were not approved or needed revision, be sure to make all corrections before using them in this phase.
Requirements: Follow the rubric. No more than 2 pages double spaced excluding the bibliography
Semester Project Phase 1: Country Choice
For this semester\’s project, I\’ve chosen Jamaica. I chose Jamaica since I\’ve visited this country twice and loved everything it encompases. I loved the energy the people gave off there, and the rich culture embedded in the country. Even in popular areas, though, poverty was evident. Jamaicans approaching strangers, pleading with them to buy anything they\’ve made to make ends meet. As a result, I\’d like to go deeper into how capitalism has impacted poverty in Jamaica\’s still-developing economy.
SEMESTER PROJECT – PHASE 2: TOPIC, COUNTRY DESCRIPTION, SOURCES, ANNOTATED BIBLIOGRAPHY
1. Selection of a Course-Related Topic:
My proposed topic is poverty in Jamaica.
2. Description of the Developing Country
Geography/Government: Jamaica is a country that is found in the North American continent. It was colonized by the British from 1707 until 1962, when it became independent. Jamaica uses both parliamentary and constitutional monarchy systems of governance where the Queen is the head of the state.
Country’s economic situation: Jamaica operates as a free and mixed economy. To some extent, the government has a hand on what goes in the market.
Demographics: Jamaica has a population of 2.961 million with a gender ratio of about 98.53 in every 100 females. On age structure, the people aged 0-14 years is about 23.36%, 15-64 years is about 67.56%, while those aged 65 years and above are about 9.08% of the total population. About 90% of the Jamaican population comprises individuals of African descent. Other whites, Asians, Alaska natives, and Pacific Islanders. On religion, 64.8 are protestant, 2.2% are Roman Catholics, 1.1% are Rastafarians, 1.9% are from Jehovah\’s Witness church, while about 30.1% have no religion. The life expectancy level of Jamaicans is about 74.59 years. The literacy rate of Jamaicans is about 88%.
Currency: Jamaica uses the Jamaican dollar (JMD)currency. 1 US dollar trade at 155 JMD. It has a GDP of $15.461 billion, making it ranked 118 in the world.
Main industries: tourism, agriculture, mining, manufacturing insurance, and financial services. Main industries used to be the banana industry and milk industry.
Campbell, Alrick, and Nekeisha Spencer. “The Macroeconomic Impact of Extreme Weather: Evidence from Jamaica.” International Journal of Disaster Risk Reduction, vol. 61, 2021, p. 102336., https://doi.org/10.1016/j.ijdrr.2021.102336.
The article highlights the macroeconomic impact of weather that has come from climate change. This source will examine how climate change has affected the Jamaican way of living and its contribution to poverty.
Minto-Coy, Indianna, et al. \”Sustainable Futures for Jamaica: Policies and Actions for Socioeconomic Recovery Post-COVID-19.\” Regenerative and Sustainable Futures for Latin America and the Caribbean. Emerald Publishing Limited, 2022.
The article has outlined the various ways the Jamaican government has employed to counter the problems experienced during the corona pandemic. Some of these will be borrowed as they give an insight into how the poverty issue can be dealt with.
Robbins, Richard H., and Rachel Dowty. “Chapter 6 Hunger, Poverty, and Economic Development .” Global Problems and the Culture of Capitalism, Pearson, NY NY, 2019, pp. 168–198.
The book outlines the global problems that are experienced in the 21st century and the culture of capitalism. Chapter 6, “Hunger, Poverty, and Economic development”, can help explain how capitalistic culture has contributed to some of the problems that the Jamaicans are experiencing today. On page 177, Figure 6.1 explains how debt contributes to the cycle of food insecurity. It also includes some of the solutions which can be put in place so as to counter the problems that the Jamaicans are experiencing.
Spencer, Nekeisha, and Eric Strobl. \”Poverty and hurricane risk exposure in Jamaica.\” The Geneva Risk and Insurance Review (2021): 1-17.
This article outlines the effects of climate change that have been experienced in Jamaica. The hurricane, which is rampant in Jamaica, has led to the destruction of properties and thus contributing to poverty. The article will help to analyze the impact of climate change on the Jamaican people and how they are mitigating the problem.
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