INT 220 Module Four Journal Guidelines and Rubric
Overview
This journal assignment explores the actions and ethical considerations of the International Monetary Fund (IMF) during global financial crises. By examining a specific example, such as the IMF’s intervention in Greece’s debt crisis, you will reflect on when economic bailouts are justified, who should provide them, and the ethical implications of financial assistance with strict conditions. This reflection will help you better understand how international financial organizations influence global economic stability and decision making during crises.
Directions
The IMF has faced both support and criticism for its role in stabilizing global economies during financial crises. To help frame your journal reflection, consider the IMF’s involvement during Greece’s economic crisis beginning in 2009, when Greece required multiple bailouts after facing severe debt issues. The IMF provided financial assistance but attached strict requirements that sparked debate about the effectiveness and fairness of such interventions.
In this journal assignment, you will explore a specific IMF intervention and analyze its impact.
Specifically, you must address the following rubric criteria:
- IMF Intervention: Provide a clear example of an IMF intervention in a global financial crisis. Summarize the IMF’s actions and the rationale for its involvement.
- Ethical Considerations: Discuss the ethical implications of the IMF’s intervention, including whether the conditions attached to financial assistance were justified.
- Lessons Learned: Summarize key lessons from the IMF’s involvement in the selected crisis and discuss how they apply to future economic bailouts.
What to Submit
Submit this assignment as a 2- to 3-paragraph Microsoft Word document with double spacing, 12-point Times New Roman font, and one-inch margins. Cite any sources used in APA format.
AI Usage
If you use gen AI tools to support your work on this assignment, be sure to follow these AI usage guidelines. You must acknowledge your use of these tools in your work. Guidelines on how to cite AI tools can be found in this Shapiro Library guide.
Module Four Journal Rubric
| Criteria | Exceeds Expectations (100%) | Meets Expectations (85%) | Partially Meets Expectations (55%) | Does Not Meet Expectations (0%) | Value |
|---|---|---|---|---|---|
| IMF Intervention | Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner | Provides a clear example of an IMF intervention in a global financial crisis with an adequate summary and rationale with supporting details | Provides an example of an IMF intervention in a global financial crisis with a limited summary and rationale or minimal supporting details | Does not attempt criterion | 25 |
| Ethical Considerations | Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner | Discusses the ethical implications of the IMF’s intervention, including whether the conditions attached to financial assistance were justified with sufficient detail and understanding | Discusses ethical implications of the IMF’s intervention, but lacks depth or clarity in the explanation | Does not attempt criterion | 25 |
| Lessons Learned | Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner | Summarizes key lessons from the IMF’s involvement in the selected crisis with adequate detail and discusses how they apply to future economic bailouts | Summarizes lessons from the IMF’s involvement, but lacks depth or clarity regarding future applications | Does not attempt criterion | 25 |
| Clear Communication | Exceeds expectations with an intentional use of language that promotes a thorough understanding | Consistently and effectively communicates in an organized way to a specific audience | Shows progress toward meeting expectations, but communication is inconsistent or ineffective in a way that negatively impacts understanding | Shows no evidence of consistent, effective, or organized communication | 15 |
| Citations and Attributions | Uses citations for ideas requiring attribution, with few or no minor errors | Uses citations for ideas requiring attribution, with consistent minor errors | Uses citations for ideas requiring attribution, with major errors | Does not use citations for ideas requiring attribution | 10 |
| Total: | 100% | ||||