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– 62 –
UNIT 4. ECONOMIC ISSUES.
AN UNCERTAIN FUTURE
We live in uncertain times, both politically and economically.
In your view, what are the greatest threats to the world economy and
societies?
• political instability • racial tension
• mass unemployment • hyperinflation
• massive trade deficits • cheap labour markets
• poverty in the Third World • the debt crisis
• the North-South divide • the East-West divide
• the collapse of communism • environmental damage
• a population explosion • an ageing population
• under-employment • trade wars
Write down here what you consider to be the four key global issues
from the list above or choose others that you believe to be even more
important. What do you think their economic implications might be?
GLOBAL ISSUES ECONOMIC IMPLICATIONS
1. ................... .................................
2. ................... .................................
3. ................... ..................................
4. ................... ……………………… .................................
Mark on the map the countries or geographic areas you think will
have the most direct or indirect impact on the global economy over the
next five to ten years. North, Central, Latin America
7
The EU? Central
Europe? The former Soviet Union countries? The Middle East? Africa?
The Far East? The Pacific Rim? Can you justify your view?
UNIT 4. ECONOMIC ISSUES.
AN UNCERTAIN FUTURE
We live in uncertain times, both politically and economically.
In your view, what are the greatest threats to the world economy and
societies?
• political instability • racial tension
• mass unemployment • hyperinflation
• massive trade deficits • cheap labour markets
• poverty in the Third World • the debt crisis
• the North-South divide • the East-West divide
• the collapse of communism • environmental damage
• a population explosion • an ageing population
• under-employment • trade wars
Write down here what you consider to be the four key global issues
from the list above or choose others that you believe to be even more
important. What do you think their economic implications might be?
GLOBAL ISSUES ECONOMIC IMPLICATIONS
1. ................... .................................
2. ................... .................................
3. ................... ..................................
4. ................... … .................................
Mark on the map the countries or geographic areas you think will
have the most direct or indirect impact on the global economy over the
next five to ten years. North, Central, Latin America7 The EU? Central
Europe? The former Soviet Union countries? The Middle East? Africa?
The Far East? The Pacific Rim? Can you justify your view?
– 62 –
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