International Debt And Financial Crises Jeopardy Template

The Debt Crisis of the 1980s	The Asian Financial Crisis	The Global Financial Crisis of 2007	Crisis, Choice, and Change	Acronyms
100 Mexico in 1982 What is the first country that had a debt "crisis" and what year did this occur?	100 Thailand What is the name of the Asian country where the financial crisis started in?	100 Sub-prime mortgage loans What are loans made to risky borrowers with weak credit scores who were often allowed to make interest only repayments early in the loan cycle?	100 Japan What is the country that US Commodore Perry demanded to open its markets to US goods, thus leading it to become one of the world's major economic powers?	100 International Monetary Fund IMF
200 Baker Plan What is the name of the failed plan that US Treasury Secretary James Baker initiated to implement market oriented structural changes to debtor economies?	200 Hedge fund What is an investment instrument that attempts to make a profit from the fact that an asset might be trading at different prices in different places?	200 Low interest rates Why was it so easy for Americans to borrow money and spend more, even though their incomes were not increasing?	200 Corruption What do Orthodox Economic Liberals believe is at the core of the financial crisis problem?	200 Orthodox Economic Liberals OELs
300 Structural Adjustment Policies (SAPs) What is the name of the series of conditions or actions to which the World Bank and IMF loans were subject to where the borrowing government must agree before receiving a loan?	300 Indonesia, Malaysia, Taiwan, Hong Kong, South Korea What are the countries most affected by the Asian financial crisis?	300 The depression era Glass-Steagall Act What did the US Congress repeal in 1999 that allowed mergers between commercial and investment banks?	300 Heterodox Interventionist Liberals (HILs) What group of liberals are not inherently opposed to some global economic governance?	300 American International Group AIG
400 currency devaluation, price stability, fiscal austerity, higher interest rates, tariff liberalization, and sound social programs What are three unpopular policies designed to restore economic balance?	400 The US dollar at a rate of 25 baht per dollar What is the currency that the baht was tied to and what was the promised fixed exchange rate?	400 Sovereign Wealth Funds What are pools of government money earned from trade and investment transactions that states can use to invest for profit?	400 IMF What organization's mission is it to facilitate a stable orderly financial system?	400 Sovereign Wealth Funds SWFs
500 A balance of payment crisis What is the case when states borrowed too much money to sue for projects or imports without having enough assets to cover their debts?	500 50 baht per dollar and foreign goods were suddenly more expensive for Thai citizens What was the final exchange rate of the baht per dollar and what serious effect did this have on Thai citizens?	500 Iceland What Western European country turned to the IMF for help for the first time in 30 years?	500 UN's Millennium Goals What is the initiative that the states should continue to pursue to overcome poverty and inequality?	500 Troubled Assets Relief Program TARP

International Debt and Financial Crises

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