Tuesday, May 7, 2013

Welcome!



For my fourth quarter benchmark, I plan to research more about International Monetary Fund, which is an international organization started by the US government in the mid of 1940s to help other countries improve their way of living. It provides loan so that the other countries can use that money to better their country and when it is better and start producing goods, they can give back the money with interest. My initial goal was to learn about the economy systems in different countries and how they sort their money, see how different it is from the US. Then I found this organization and I placed it as my main focus. Through Mr. Herman’s help, I was able to find a movie that specifically centered on my topic. The movie is called Life + Debt, which concentrated on the country, Jamaica, and how their economy system is falling apart due to their debt to the organization etc. This organization is currently still running and the US earns a good portion of money from it as well. I read on the program about their purpose and how some countries were doing better due to this org, it showed different perspective. My project is solely a report on what good things the organization has accomplished and the opposite, whether or not in my opinion should the organization keep on running, etc. It will provide stories from different countries, different perspectives, that has a connection with the organization. My final product will be a website on blogspot, it will provide information about what it is, its goals, as explained earlier, different stories through different perspectives and a final page with my opinions. It connects to globalization because it is an international organization that is suppose to improve the economy system in countries that are struggling to survive.