Group Output (4-6 members per group)
Read the article "Asian economies seen to post growth rates of close to 8%" (The Philippine Star, 15 Nov. '06, p. B-10)
Answer the following guide questions. (format: 8x11 bond paper, single spacing, font size 12, Arial Narrow, justified, portrait lay-out)
1.Outline the cause(s), effect(s) and extent of the 1997 Asian finacial crisis.
2.Differentiate economic growth from economic development. Provide illustration.
3.What will be the probable impact of the projected downturn of the US economy in '07 to the Asian economy in general?
4.Is the $2-a-day gauge a realistic measure of economic development in Asia? Argue your point.
5.Define social exclusion. Provide illustration.
6.Differentiate absolute from relative poverty. Provide illustration.
7.Based on the article, what contribute(s) to the improvement of WB's economic forecast in the Asian region?
8.Define NICs.
9.As they are now, describe the economic ideology/system of China and Vietnam.
10.In the political and economic fronts, what are the problems and issues in the Asian region according to the article.
Note: Don't forget to cite your references. Submit the group output on Nov. 29. Be ready for a graded recitation about the group output on the same date.
