Explain Whether Or Not You Feel That The Negative Impacts Could Have Been Avoided?

Such an event caused many problems in the country. The first problem had been that when banks lost tons of money due to the stock market crash, they also lost the life’s savings of so many hard

An unstable backbone can obstruct the re-establishment of public services in any given case; infrastructural problems are common in both the agencies and the state; and they can occur because the supporting foundations are weak and scattered. A common occurrence is a state 's’ hopes to fix several problems at a time. During the 2006 International AIDS conference, President Bill Clinton stated: "If you first develop the health infrastructure throughout the whole country, particularly in Africa, to deal with AIDS you will increase the infrastructure of dealing with maternal and child health, malaria, and TB. Then I think you have to look at nutrition, water, and sanitation. All these things, when you build it up, you 'll be helping to promote economic development and alleviate poverty." (Garrett 2010) However, existent cases of successful health care establishment have not proven economic development, like the case of Haiti in 2006, who despite combatting HIV, plummeted economically during the same period of time. (Garrett 2010)The reason why healthcare does not equal economic progress or poverty alleviation is because other conditions can still remain existent: lack of cooperative government, lack of absorptive capacity and corruption. Although, health and economy shall not be developed independently, one is not the causality of the other, health shall progress with “early detection of disease and education in principles of healthy living” (Beaglehole and Bonita 1997, 211)

the prices went up, causing many financial issues for the people living there. Some people in

In the document is also said that even when people have money in that bank people would go to the bank and go get their money since that bank was going to be a failed and it also said that after their failure the repressive effect on the spending of its clients. They couldn’t do anything to help the bank to crash even though they will all be crashed any day.

Although they were trying to survive from this bad financial hit, at that time the world also faced a financial crisis due to sudden economic recession.

are strong arguments for both sides, countless benefits could have come out if they had not

“Growing income inequality in the United States stemming from unequal access to quality education led to political pressure for more housing credit. This pressure created a serious fault line that led to distorted lending in the financial sector.” (Rajan,2010, P.54)

As an employee of the World Bank, you have been asked to research 1 economic concern in a South American country and write a report on your findings.

In this essay, I will briefly explain what happened during the financial crisis of 2007-09, and also discuss the contribution of the government to the financial crisis.

up with tons of property but no way to get cash from it. This cash shortage closed even more banks.

Bunting (1999) indicates Nyerere’s dream for easing poverty, the creation of equal economic opportunities, and the improved wellbeing of citizen constantly defied Nyerere when he left office in 1985. Apart from his own failure, external forces on the other hand, exceeded his ability, failed his policies, and perpetuated poverty. He could not manage to deviate from the international polices, he, instead found himself restrained automatically in the policies of the World Bank, IMF, the General Agreement on Trade and Tariffs (GATT) now the World Trade Organization (WTO). All of these institutions, increased and worsened the poor condition in Tanzania, through the previously identified prohibitive regulations of the early 1970s (Hope, 2007). I would say that, the government of

Tanzania’s notable economic expansion in recent years has been facilitated by open market policies related to global commerce. The financial sector and the investment framework are relatively well developed for the region. However, these strengths are offset by weak socioeconomic indicators, structurally large current account and budgetdeficits, and rising debt levels.

Perhaps, Jeffrey Sachs narrates it precisely, that the African continent suffered from “negative observation and the stereotype that left millions of disadvantaged in the excessive suffering. African nations, (including Tanzania) although, they worked tirelessly, they continue to face common obstructions of “ poverty, disease, ecological crisis, geopolitical neglect or worse” (Sachs, 2005 p. 207; Kotler & Lee, 2009), including global market limitation, and internal problems. Despite obstacles, Tanzania risked to navigate from such global and national tremors, which according to (Major and Muhvihill, 2009), the country under Nyerere leadership utilized Education for Self-Reliance (ESR) as a tool for navigation.

One of the World Bank or the IMF project that was developed is “Rebuilding Infrastructure.” It was set in motion to aid the rebuilding of Infrastructures in countries that were ravaged by, during and after World War II. The project (Rebuilding Infrastructure, under the supervision of IMF and World bank), was originally intended for, and as a principal supervisor on agendas such as poverty reduction, quality education, provision and availability of pure and clean water for all, steady development of employment and job availability, mechanisms to stabilize value of currency, exchange rates and facilitation of currency exchange, dispute resolution systems, Offering loans to aid economies in crises etc.

2. A project of the IMF that created problems for Africa after they received it?