Preview

NMUN

Good Essays
Open Document
Open Document
28862 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
NMUN
NMUN • NY

GENERAL ASSEMBLY THIRD COMMITTEE

BACKGROUND GUIDE 2013

Written By: Alicia Nall, Samantha Winn
Additional Contributions By: Heather Purcell

nmun.org

NATIONAL

COLLEGIATE CONFERENCE

association

TM

17 - 21 March - Conference A
24 - 28 March - Conference B

POSITION PAPER INSTRUCTIONS
1. TO COMMITTEE STAFF

A file of the position paper (.doc or .pdf) for each assigned committee should be sent to the committee e-mail address listed here. Mail papers by 1 March to the e-mail address listed for your particular venue. Delegates should carbon copy
(cc:) themselves as confirmation of receipt.
Please use the committee name, your assignment, Conference A or B, and delegation/school name in both the e-mail subject line and in the filename (example:
GA1st_Cuba_ConfA_MarsCollege).

2. TO DIRECTOR-GENERAL

• Each delegation should send one set of all position papers for each assignment to the e-mail designated for their venue: positionpapers.nya@nmun. org or positionpapers.nyb@nmun.org.
This set (held by each Director-General) will serve as a back-up copy in case individual committee directors cannot open attachments.
Note: This e-mail should only be used as a repository for position papers.

• The head delegate or faculty member sending this message should cc: him/ herself as confirmation of receipt. (Free programs like Adobe Acrobat or WinZip may need to be used to compress files if they are not plain text.)

• Because of the potential volume of e-mail, only one e-mail from the Head
Delegate or Faculty Advisor containing all attached position papers will be accepted.

Please use the committee name, your assignment, Conference A or B, and delegation/school name in both the e-mail subject line and in the filename (example:
GA1st_Cuba_Conf A_Mars College).

Two copies of each position paper should be sent via e-mail by 1 MARCH 2013
COMMITTEE

EMAIL -



Bibliography: Arestis, P., R. Sobreira, and J.L. Oreiro. (2011). An Assessment of the Global Impact of the Financial Crisis. Asian Development Bank. (2010). Social Impact of the Global Financial Crisis in the Philippines. Retrieved September 2, 2012 from http://www.adb.org/sites/default/files/pub/2010/social-impact-crisis-ph.pdf. Baroni, N., M. Dokmanovic, G. Tisheva, and E. Sikazwe. (2010). Gender Equality and the Financial Crisis. Retrieved October 2, 2012 from http://www.socialwatch.org/node/11591. BBC News. (24 May 2009). World Bank Warns of Social Unrest. Retrieved August 26, 2012 from http://news.bbc.co.uk/2/hi/business/8066037.stm. Calvo, S. (2010). The Global Financial Crisis of 2008-10: A View from the Social Sectors. Retrieved August 26, 2012 from http://hdr.undp.org/en/reports/global/hdr2010/papers/HDRP_2010_18.pdf. Cox, J., J. Faucette, and C.V. Lickstein. (2010). Why Did the Credit Crisis Spread to Global Markets? Retrieved August 25, 2012 from http://blogs.law.uiowa.edu/ebook/sites/default/files/Part_5_2.pdf. Creamer, R. (2009). How Globalization Set the Stage for the 2008 Economic Collapse. Huffington Post. Retrieved August 25, 2012 from http://www.huffingtonpost.com/robert-creamer/how-globalization-set-the_b_156172.html. Desai, P. (2011). From Financial Crisis to Global Recovery. New York, NY: Columbia University Press. Federal Deposit Insurance Corporation. (2007). ComE-IN Background Definitions. Retrieved August 25 from http://www.fdic.gov/about/comein/background.html. Ferreira, F. and N. Schady. (2009). Social Consequences of the Global Financial Crisis in Latin America: Some Preliminary, and Surprisingly Optimistic, Conjectures International Council on Human Rights Policy. (2010). Human Rights in the Global Economy. Retrieved August 8, 2012 from: http://www.ichrp.org/files/documents/185/210_human_rights_global_economy_colloquium_report.pdf. Kodres, L. and A. Narain. (2009). What Is to Be Done. Finance and Development. 46 (1). Retrieved August 25, 2012 from http://www.imf.org/external/pubs/ft/fandd/2009/03/kodres.htm. Kyrili, K. and M. Martin. (2010). The Impact of the Global Economic Crisis on the Budgets of Low-Income Countries Morrissey, J. (2008). Credit Default Swaps: The Next Crisis? Retrieved October 2, 2012 from http://www.time.com/time/business/article/0,8599,1723152,00.html. Orozco, O. and J. Lesaca. (2009). Impact of the Global Economic Crisis in Arab Countries: A First Assessment. Retrieved August 8, 2012 from: http://www.clubmadrid.org/img/secciones/Background_Doc_ArabWorld_Eng.pdf. Otobe, N. (2011). Global Economic Crisis, Gender and Employment: The Impact and Policy Response. Retrieved October 2, 2012 from Overseas Development Institute. (2009). The Global Financial Crisis: Poverty and Social Protection. Retrieved August 8, 2012 from: http://www.odi.org.uk/resources/docs/4285.pdf. Oxfam International. (2008). If Not Now, When? Three actions the G20 must take now to protect the world’s poor from the economic crisis and build a new political and economic governance system Pettinger, T. (2009). How the Credit Crisis Spread. Retrieved August 25, 2012 from http://www.economicshelp.org/blog/1876/finance/how-the-crisis-spread/. Riddix, M. (2010). Down the Rabbit Hole: Deciphering CDOs. Retrieved October 2, 2012 from http://www.forbes.com/2010/05/17/what-are-collateralized-debt-obligations-personal-finance-cdos.html. Schiller, R. (2008). The Subprime Solution: How Today’s Global Financial Crisis happened, and What to Do about It Sender, J. and E. von Uexkull. (2009). A Rapid Impact Assessment of the Global Economic Crisis on Uganda. Retrieved August 8, 2012 from: http://www.ilo.org/wcmsp5/groups/public/@ed_emp/documents/publication/wcms_118218.pdf. Shah, A. (2010). Global Financial Crisis. Retrieved August 25, 2012 from http://www.globalissues.org/article/768/global-financial-crisis. Shah, A. (2012). Foreign Aid for Development Assistance. Retrieved August 26, 2012 from http://www.globalissues.org/article/35/foreign-aid-developmentassistance#SomedonatemanydollarsbutarelowonGNIpercent. Sirimanne, S. (2009). Emerging Issue: The Gender Perspectives of the Financial Crisis. Retrieved October 2, 2012 from http://www.un.org/womenwatch/daw/csw/csw53/panels/financial_crisis/Sirimanne.formatted.pdf Slay, B. (2010). The Macroeconomic and Social Impact of the Global Financial Crisis on Southeast Europe. Retrieved September 2, 2012 from http://europeandcis.undp.org/uploads/public1/files/Slay%20-%20Macro%20social%20impact%20of%20the%20crisis%20in%20SEE.pdf. Tambunan, T. (2010). Socio-Economic Impacts of the Global Economic Crisis: The Indonesian Story. Afro Asian Journal of Social Sciences United Nations Children’s Programme. (2012). Economic Crisis and Recovery. Retrieved August 8, 2012 from: http://www.unicef.org/socialpolicy/index_52540.html. United Nations Department of Economic and Social Affairs. (N.D.). Gender Perspective. Retrieved October 2, 2012 from http://www.un.org/esa/desa/financialcrisis/gender.html. United Nations Development Programme. (2011). Human Development Report 2011. Retrieved August 8, 2012 from: http://hdr.undp.org/en/reports/global/hdr2011/. United Nations General Assembly. (2009, August 11). A/RES/64/279 (2009). Retrieved August 8, 2012 from: http://www.un.org/ga/search/view_doc.asp?symbol=a/64/279. United States Securities and Exchange Commission. (2010). Mortgage-Backed Securities. Retrieved October 2, 2012 from http://www.sec.gov/answers/mortgagesecurities.htm. World Bank. (2012). What the World Bank is Doing. Retrieved October 2, 2012 from http://www.worldbank.org/financialcrisis/bankinitiatives.htm. World Bank. (N.D.) Assessment of World Bank Group Response: World Bank. Retrieved August 8, 2012 from: http://go.worldbank.org/G8UHV224U0. World Health Organization. (2008). Impact of the Global Financial and Economic Crisis on Health. Retrieved September 2, 2012 from http://www.who.int/mediacentre/news/statements/2008/s12/en/index.html. Yunus, M. (2010). Building Social Business: The New Kind of Capitalism that Serves Humanity’s Most Pressing Needs Ziring, L, R. Riggs, and J. Plano. (2000). The United Nations: International Organizations and World Politics.

You May Also Find These Documents Helpful

  • Better Essays

    Foreclosure 1 1

    • 1152 Words
    • 4 Pages

    Shiller, R. J. (2008). The Subprime Solution: How Today 's Global Financial Crisis Happened and What to Do about It. Princeton, NJ: Princeton University Press. Retrieved from http://www.questia.com…

    • 1152 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Housing Market Crisis

    • 2136 Words
    • 6 Pages

    Marshall, J. The financial crisis in the US: key events, causes and responses. [online] HOUSE OF COMMONS LIBRARY. Available at: http://www.voltairenet.org/IMG/pdf/US_Financial_Crisis.pdf…

    • 2136 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    Crotty, James. “Structural Causes of the Global Financial Crisis: a Critical Assessment of the ‘New Financial Architecture’” Cambridge Journal of Economics. (2009) n. pag. Web. 27 January 2013.…

    • 3019 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    What started as an American ‘prime-mortgage’ lending crisis spread to Europe and the emerging markets of Asia, South East Asia and Latin America, affecting a wide range of financial and economic activities and institutions, which includes, the tightening of credit with financial institutions making both corporate and consumer credit harder to get, devaluation of the assets underpinning insurance contracts and pension funds leading to concerns about the ability of the instruments to meet future obligation, devaluation of some currencies /increased currency volatility and liquidity problems in equity funds and hedge funds.(Francis Ikome 2008 - The Social and Economic Consequences of the Global…

    • 1730 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    The sudden financial crisis and the unexpected economic collapse in 2008 came as a shock to many because the speed and severity of the crisis were unpredicted (Bondt, 2010). Its consequences had strong influences on the financial system of many industrialized countries as well as a large number of developing and emerging economies. Huge cost are carried by every parts of society. Much wealth has been destroyed. Millions of jobs have been lost. The crisis has tarnished the belief in free enterprise, the financial system, and in financial theory (Bondt, 2010).…

    • 1043 Words
    • 5 Pages
    Good Essays
  • Better Essays

    The Federal Reserve

    • 3909 Words
    • 16 Pages

    The world financial crisis began in 2006 in the United States housing and related mortgage markets. Soon it spread to the entire U.S. economy and then to the rest of the world. In August 2007, the turmoil moved from the securitized U.S. mortgage markets to the interbank lending market, causing it to freeze up. Before long people became concerned about the extent and distribution of the mortgage related losses, market participants lost confidence in one another’s credit-worthiness, and the market that provides U.S. banks and other financial institutions with their liquidity became illiquid as a result. Institutions such as large commercial banks, investment houses, and insurance companies are the base of the U.S. financial system and because of the crisis they lost the ability to borrow short-term from one another. The general macro economy had weakened causing debt deflation, falling asset prices, falling real estate prices, and falling commodity prices; feeding one another into a downward spiral. Finally in September 2008, the breakdown of the international banking system based on the dominance of the major U.S. investment banks, commercial banks and insurance companies amplified the turmoil, sending severe shocks through the world economy. The economic crash international in its reach was characterized by falling employment, income, and output across the globe. The entire U.S. banking and financial system collapsed as a social financial system similar to banking crisis of 1931. From this point forward, what at first appeared as a U.S. “subprime mortgage market crisis” revealed itself to be a world economic crisis of major proportions.…

    • 3909 Words
    • 16 Pages
    Better Essays
  • Best Essays

    Bel Brand Case Study

    • 3190 Words
    • 13 Pages

    [ 13 ]. Female Economy – Silverstein, M.J. and Sayre, K., 2009. The Female Economy. Harvard Business Review, September 2009, pp. 46-53.…

    • 3190 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    This examination of employs past, recent, and current scholarly research and media literature to support the history of financial crisis of 2007-2009. This topic is serious and still remains serious according to the literature, which has captivated academics, world and political leaders, researchers, and scholars alike with great fervor and aplomb in the past for over 12 years.…

    • 5361 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    Source: „The Current Financial Crisis: Causes and Policy Issues“ by Adrian Blundell-Wignall, Paul Atkinson and Se Hoon Lee…

    • 1831 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    External debt and domestic financial crises generate substantial social costs. As it happens, poor sectors of society pay a substantial share of the costs of adjustment to debt crises, whereas they benefit rather marginally from financial booms. The experience of many developing countries in several regions of the world also indicates that the social effects of debt crises continue to afflict countries even after several years of successful economic restructuring and recovery. The recent crisis has demonstrated a fundamental problem in the global economy: the enormous discrepancy that exists between an increasingly sophisticated and dynamic international financial world, with rapid globalization of financial portfolios, and the lack of a proper institutional framework to regulate it. In summary, existing institutions are inadequate to deal with financial globalization. This systemic deficiency and the…

    • 1391 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The 2008 Financial Crisis

    • 642 Words
    • 3 Pages

    The most recent financial crisis in 2007-2009 was the worst recession since the 1930’s was quite evident as it affected the entire economy on a global scale; from large countries to small ones. The starting point and reason behind a financial crisis is varied, they appear in different shapes and sizes which could have originated externally or domestically and emerged from the public or private sector. Consequently with time, they take different forms and spread rapidly across boarders. Which is why Reinhart and Rogoff (2009) fittingly said that the, “financial crises are an equal opportunity menace.”…

    • 642 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Al-Harran, S. A., & Fikri, M. (2011). Why New Ideas Are Important to Brunei Economy?…

    • 6372 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    The new world crisis began with the collapse of the credit pyramid in the US, the consumer centre of the planet (the US accounts for as much as 40 per cent of global consumption). On incomes which had been shrinking since the early 1980s, the American masses were no longer able to acquire the previous quantity of goods. The US population was also unable to pay for even the cheapest credits. Analogous problems appeared in Great Britain and elsewhere in the European Union. A new crisis had opened up in the global economy, signifying that one big economic wave was being replaced by another. The world economy could not continue developing in the old fashion.…

    • 3113 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Studies of Memeda

    • 66310 Words
    • 438 Pages

    allowed to run their course and purge the system? Should a lender of last resort…

    • 66310 Words
    • 438 Pages
    Powerful Essays
  • Powerful Essays

    “The Global Financial Crisis Challenges to Africa: Kenya experience and perspective” (A presentation by Central Bank of Kenya at the Ministers and Governors Forum in Tunisia 2008).…

    • 5565 Words
    • 23 Pages
    Powerful Essays

Related Topics