Discussion about Countries Debt

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Argentina is usually classified as a “developed nation,” yet it is continually plagued by many of the economic problems of developing nations due to its systemic inability to maintain a stable economy. In this discussion, you will look deeper into what it takes for a nation-state to create and maintain a sustainable economy that provides for its citizens.

Instructions

Follow these instructions for this discussion activity:

  1. Read Chapter 6, “Development”, in your textbook.
  2. Watch the following videos:
    1. The Faltering Economy of Argentina | Economics Explained (YouTube 18:59)Links to an external site.
    2. Microfinance 101 [PovertyCure Episode 2] (YouTube 4:19)Links to an external site.
  3. Please select from 1 of the following 3 options to respond to:

    Option #1: Describe the problem of debt in developing nations. In general terms, who is to blame for debt in developing nations?

    Option #2: How do the internal political and legal systems of a country impact the economics of developing countries?

    Option #3: What are your thoughts on Microfinance as a potential solution in the poorest countries? In countries like Argentina, with governments that can’t successfully manage their finances?

    Requirements

    • 200 min words
    • 1 reply post to classmate due by Sunday / 100 min words
    • Source analysis: Any 1 source; if you utilize a class source the proper APA-style formatting is provided for you below. All sources utilized must be listed at the conclusion of the post as well as analyzed and referenced in-text.
    • A reply to Instructor’s follow-up question will count as a reply post to classmate (Just be sure to meet min word count)
    • Must post first in order to view the posts of your classmates

    HOW TO CITE THE VIDEOS- IN-TEXT CITATION

    First video- In-text reference: (Economics Explained, 2020).

    Second video- In-text reference: (PovertyCure, 2013).

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