Learning Objective 11.1: Describe three different types of political economy adopted in modern times.

Audio

• Smoot-Hawley
  
  • Summary: A radio report comparing the 2009 G-20 Summit with the one in 1933.

Web Resources

• Art of economic complexity
  
  • Summary: An article with graphics summarizing the differences in economies internationally and the changes they do/can go through.

• European Debt Crisis Timeline
  
  • Summary: Timeline of the European Debt Crisis by the New York Times.

 

Learning Objective 11.2: Summarize the dominant role of the United States in the balance of economic power.

Video

• Understanding the financial crisis
  
  • Summary: A simplified video on how to understand the 2008 economic crisis.

• Inside the Meltdown
  
  • Summary: A Frontline special on the 2008 economic crisis.

• Marshall Plan
  
  • Summary: Videos of and on George C. Marshall.

Web Resources

• U.S.-China economic relations
  
  • Summary: An article on the slipping Chinese economy and how it will affect the relations with the United States.

• Washington consensus
  
  •  Summary: An article on the “Washington Consensus”, a term affiliated with globalization.

• Bankruptcy of Lehman Brothers
  
  • Summary: An article on the status of Lehman Brothers, four years after the 2008 crisis.

• Office of U.S. Trade Rep.
  
  • Summary: Office of the United States Trade Representative homepage.

 

Learning Objective 11.3: Discuss global and domestic trade politics as aspects of U.S. foreign economic policy.

Web Resources

• Could the US Join OPEC?
  
  • Summary: An article on the United States future as an oil producer and exporter.

• World Trade Organization
  
  • Summary: World Trade Organization’s “What is the WTO?” (about) page.

• FTAs: Pros and cons
  
  • Summary: A .pdf article on Free-Trade Agreements, their benefits, and their drawbacks.

 

Learning Objective 11.4: Explain the motivations behind foreign aid in U.S. foreign economic policy.

Web Resources

• Foreign aid: Good or bad idea?
  
  • Summary: An article on whether foreign aid is helping or hurting the economy of the United States.

• U.S. Global Development Policy
  
  • Summary: A collection of President Obama’s development policies on global climate change, global food security, and global health exchange via the White House's website.

 

Learning Objective 11.5: Identify the forms and functions of economic sanctions as a policy tool.

Video

• Millennium Challenge Corporation
  
  • Summary: A video on the Millennium Challenge Corporation and its future.

Web Resources

• Sanctions against Cuba
  
  • Summary: An article of the slowly healing US - Cuban relations and the fate of the embargo on Cuban imports.