Many countries in the Middle East, South East
Asia and in Africa are currently experiencing political turmoil of one sort or
another. Uncertain times can have disastrous effects on the economy creating a domino
effect that reaches far into the future. Your purpose while preparing to write
this essay is to discover what these short term and long term economic effects
are.
Suggested plan
In
your introduction, discuss the destabilizing
influence of crises briefly and give examples of countries currently
experiencing political crisis. In your thesis statement, you should state that
the focus of the essay is the economic impacts of political crisis.
In
your first developmental paragraph, discuss the
effects on exchange rates and the knock on effect a tumbling local currency has
on local businesses and everyday life: potential bankruptcy, increasing debt,
rising inflation and the like
In your
second developmental paragraph, discuss the effects
on foreign investment and what can be done to get the investors back.
In
your third developmental paragraph, discuss the
effects on tourism
In
your conclusion, write a restatement
Reading
material to annotate
1. “Economy reels from recent turmoil” http://www.dailynewsegypt.com/2013/08/18/economy-reels-from-recent-turmoil/
2. “Political unrest hits economic prospects in the Middle East” http://digitalresearch.eiu.com/searchforgrowth/reports/the-search-for-growth/section/political-unrest-hits-economic-prospects-in-the-middle-east
3. “Political turmoil leaves tourist industry in tatters” http://www.ft.com/cms/s/0/10ca5734-52a3-11e3-8586-00144feabdc0.html#axzz2qYky4Sv2
4. “Thai stocks, currency slide on political turmoil” http://www.globalpost.com/dispatch/news/afp/140102/thai-stocks-currency-slide-political-turmoil
5. “Turkish markets thrown into turmoil amid political crisis” http://blogs.wsj.com/moneybeat/2013/12/26/turkish-markets-thrown-into-turmoil-amid-political-crisis/
6. “Thailand starting to lag behind its neighbours as crisis takes hold”
http://www.nationmultimedia.com/business/Thailand-starting-to-lag-behind-its-neighbours-as--30224062.html
Videos to watch and make
notes on
Research the topic on major news channels for videos
Refer to my second blog, The Essay
Archive, for sample essays: https://theessayarchive.blogspot.com.tr/
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