1. Good Day! DRAW A LINE SEPARATING TODAY & YESTERDAY 1) Write: Date: 05/10/10 , Topic: Global Development (Africa) 2) On the next line, write “ Opener #48 ” and then: 1) Plot your mood, reflect in 1 sent . 2) Respond to the opener by writing at least 2 sentences about : Your opinions/thoughts OR/AND Questions sparked by the clip OR/AND Summary of the clip OR/AND Other things going on in the news. Announcements: None Intro Music: Untitled

3. Agenda 1) IMF and World Bank 2) Ghana Introduction End Goal, you will be able to… 1) How do poor countries become rich? Reminder 1) No HW (Test 3 Review on next week’s tutorial)

4. TEST PROCEDURES 1) Bubble 4 last digits of your student ID and write your name , period . 2) Remember to copy “ Title ” from the test on to your answer sheet . 3) Write your name on the test itself, but do not write anything else on it. 4) Leave Question 1 on answer sheet blank BEST WISHES!

5. TEST DEBRIEF 1) Make sure your test and scantron have been turned in. No papers, pens, pencils may be out. 2) For security reasons, your test will be voided if any electronic devices or note taking is seen during the debrief. Thank you . QUESTIONS ABOUT THE TEST?

21. Work #48a , Title “ How to Develop ” Effective Government (corruption) Strong Property Rights/Low Crime Public Health/Safety Regulations Human Capital (education) Stable Fiscal+Monetary Policy (low gov debt/taxes, low inflation) Open/Free Trade Natural Resources 1) Put these in order, most important to least important: 1-7 (include their name). 5 Reading/Film Qs Come From These Work Sections

22. Notes #48a , Title: “ Ghana Notes ” 1) International Monetary Fund : “Bank” to loan any country’s gov $ to bring economic stability 2) World Bank : “Bank” to help developing nation’s development , to get loan, you must: a) Reduce gov corruption b) Strengthen property rights c) Reduce biz regulations d) Open to free trade e) Reduce national debt (gov services)

23. Work #48b , “ World Bank/IMF Debate ” 1) Read the 2 sides, choose 1 side, and write which you choose and explain why . 2) Then write down what your partner thinks ( include their name at the end ). 1 2 3 4 5 CON: IMF + World Bank Bad 1) They trap poor countries is a never ending cycle of debt 2) The transfer power from their local ppl, and do nothing to support democracy, hum rights PRO: IMF + World Bank Good 1) They loan money to countries that need money 2) They pressure poor countries to make needed economic reforms

26. Notes #48b , Title: “ Ghana Notes ” 3) Ghana: 23 mil ppl, 11% unemp, $14 bil GDP, $1,500 per Capital, 4% Growth, 67% Gov Debt USA: 307 mil ppl, 10% unemp, $14.6 tril GDP, $47,988 per Capita, 0% Growth, 94% Gov Debt

27. Work #48c , Title “ Ghana ” 1) Copy Source Title: No Reservations 2…) Discuss questions on the board with a partner. Summarize your discussion ( include their name at the end ). Remember participation points are deducted if off task. 5 Reading/Film Qs Come From These Work Sections

28. Homework: 1) No Homework