This Study Guide is designed to facilitate classroomuse of The Fabric of Reform , a 30-minute educational video created by the International Monetary Fund (IMF). The Guide is intended for use with students in economics and international relations courses at the secondary and post-secondary levels. It includes a segment-by-segment summary of the video; background information; pre-viewing, post-viewing, and research activities; a list of resources; a glossary; maps; and charts.
After viewing the video and using this Guide, students should
This guide is designed to facilitate classroom use of The Fabric of Reform, a 30-minute educational video created by the International Monetary Fund. It is intended for use with students in economics and international relations courses at the secondary and postsecondary levels.
The Fabric of Reform examines the effects of economic reform in three African countries in the CFA franc zone (see box on p. 3)— Cameroon, Côte d’Ivoire, and Mali—all of which gained their independence from France in 1960. Interviews with entrepreneurs, government officials, economists, and citizens help give the viewer insight into the economic gains brought about by reform as well as the challenges these countries continue to face.
1. Ask students to locate Cameroon, Côte d’Ivoire, and Mali on a world map and present the information in the sidebar entitled “CFA Franc Zone: A Profile” and the individual country profiles. As a class, outline the similarities and differences between the three countries. Discuss the economic and social implications of high infant mortality rates and low adult literacy rates. Compare the three countries’ average life expectancy rates to the rate in the students’ home country, and ask students to think of reasons why they differ. Ask students to make inferences about life in each country based on the information presented to them.
To build better lives for their people, policymakers in developing countries must implement reforms that ensure that economic growth keeps pace with increasing populations. These reforms often must be implemented simultaneously or in a carefully planned sequence, and thus they necessitate a very high level of cooperative decision-making.
1. Foreign investment is important to a country’s development. Ask students to research and report on an industry that was bolstered by foreign investment and the effect that this had on the country’s overall economic development in the decades immediately following the investment.