AIC Simulation Reflection
In the Arab-Israeli Conflict simulation, I am a member of Palestine Fatah. Specifically, I am Marwan Barghouti. Marwan Barghouti is a political figure in Palestine Fatah and a member of the Palestinian Legislative Council. Over the past few weeks, my group representing Palestine Fatah has created many objectives. For instance, in our goal statement we exhibit intentions such as establishing complete liberation of Palestine. This is because due to the Palestine being paralyzed from all economic, political, military and cultural movements, liberating Palestine would allow the nation hold freedom from not receiving or initiating services. Another primary goal we established was hoping for an independent democratic state, and the inclusion of Jerusalem for our capital city. This would allow Palestine to thus become a recognized state and would allow us to expand our connections with other Arab nations. Keeping this in mind, our next step after completing our goals statement was to secure alliances. We collaborated with our group and decided difference roles would concentrate on creating alliances with different countries. I was assigned the roles of creating alliance with Lebanon and Saudi Arabia. Although I have not made formal alliances with them yet, I will proceed to do so in the near future. However I have not created alliances yet due to press releases and observations I have noticed regarding these countries. For example, I have noticed Saudi Arabia is stressing they are very neutral so I am waiting, hoping to see if they have any alight biases. However, if they do not in the next couple of days, I will compose and alliance regardless of their neutral opinion. Furthermore, Palestine Fatah and Lebanon have a very meandering past. Thus I would like to develop a better understanding in how Lebanon is placing them in this particular simulation before I try to request an alliance.
With Italy at a deficit of 4.6% GDP in 2010, has accumulated debt at almost 119% of GDP and economic growth. This has induced investors to view Italian bonds as a perilous affiliation. However, Europe still being 25-30% of the global economy, this crisis in Italy and throughout Europe has an extreme impact on our world.
Italy is Europe’s fourth-largest economy and that being so; potential bailouts would be extremely expensive. In addition, millions of American jobs depend on the stability and growth in Europe. The global economy is more interconnected than ever. With that being said, there is every reason to be concerned about Italy’s future. Recently, it has been costing more for Italy to raise money and pay its debt because of the rise in bond yields. This means that interest rates for bonds are increasing and because of this Italy’s debt has also been exponentially increasing. Other European debt has significantly affected Italy, specifically Greek debt. Having said that, Italy’s debt at 2.6 trillion dollars is five times than what Greece owes and with Greece’s bailout being so difficult, it is hard to see how European leaders could bail out the Italian Government.
Recently, Mario Monti has been appointed Prime Minister of Italy to form a new Italian government to tackle this debt crisis, which brought about the resignation of Silvio Berlusconi. It has been said that Mr. Monti’s has a said to have a very strong financial and economic background that could help with Italy’s crisis. According to Mario Monti’s press release he made this November, he suggest that he wants to restore Italy’s reputation financially to match the size of its economy rather than bash about the credibility it has had over the past few months.
Personally, I believe the only rational option at this point is to seek international aid. But with both Italy’s political disorder and financial crisis, there is every reason to be concerned about what lies ahead for Italy. Mario Monti’s appointment has somewhat provided a new opportunity for Italy to hopefully regain back its reputation of being a primary leader in the European Union. Monti has promised his people to be a steady hand in a time of the market turbulence, but before Italy gets to certain of themselves they must keep in mind that actions speak louder than words.
In the Arab-Israeli Conflict simulation, I am a member of Palestine Fatah. Specifically, I am Marwan Barghouti. Marwan Barghouti is a political figure in Palestine Fatah and a member of the Palestinian Legislative Council. Over the past few weeks, my group representing Palestine Fatah has created many objectives. For instance, in our goal statement we exhibit intentions such as establishing complete liberation of Palestine. This is because due to the Palestine being paralyzed from all economic, political, military and cultural movements, liberating Palestine would allow the nation hold freedom from not receiving or initiating services. Another primary goal we established was hoping for an independent democratic state, and the inclusion of Jerusalem for our capital city. This would allow Palestine to thus become a recognized state and would allow us to expand our connections with other Arab nations. Keeping this in mind, our next step after completing our goals statement was to secure alliances. We collaborated with our group and decided difference roles would concentrate on creating alliances with different countries. I was assigned the roles of creating alliance with Lebanon and Saudi Arabia. Although I have not made formal alliances with them yet, I will proceed to do so in the near future. However I have not created alliances yet due to press releases and observations I have noticed regarding these countries. For example, I have noticed Saudi Arabia is stressing they are very neutral so I am waiting, hoping to see if they have any alight biases. However, if they do not in the next couple of days, I will compose and alliance regardless of their neutral opinion. Furthermore, Palestine Fatah and Lebanon have a very meandering past. Thus I would like to develop a better understanding in how Lebanon is placing them in this particular simulation before I try to request an alliance.
With Italy at a deficit of 4.6% GDP in 2010, has accumulated debt at almost 119% of GDP and economic growth. This has induced investors to view Italian bonds as a perilous affiliation. However, Europe still being 25-30% of the global economy, this crisis in Italy and throughout Europe has an extreme impact on our world.
Italy is Europe’s fourth-largest economy and that being so; potential bailouts would be extremely expensive. In addition, millions of American jobs depend on the stability and growth in Europe. The global economy is more interconnected than ever. With that being said, there is every reason to be concerned about Italy’s future. Recently, it has been costing more for Italy to raise money and pay its debt because of the rise in bond yields. This means that interest rates for bonds are increasing and because of this Italy’s debt has also been exponentially increasing. Other European debt has significantly affected Italy, specifically Greek debt. Having said that, Italy’s debt at 2.6 trillion dollars is five times than what Greece owes and with Greece’s bailout being so difficult, it is hard to see how European leaders could bail out the Italian Government.
Recently, Mario Monti has been appointed Prime Minister of Italy to form a new Italian government to tackle this debt crisis, which brought about the resignation of Silvio Berlusconi. It has been said that Mr. Monti’s has a said to have a very strong financial and economic background that could help with Italy’s crisis. According to Mario Monti’s press release he made this November, he suggest that he wants to restore Italy’s reputation financially to match the size of its economy rather than bash about the credibility it has had over the past few months.
Personally, I believe the only rational option at this point is to seek international aid. But with both Italy’s political disorder and financial crisis, there is every reason to be concerned about what lies ahead for Italy. Mario Monti’s appointment has somewhat provided a new opportunity for Italy to hopefully regain back its reputation of being a primary leader in the European Union. Monti has promised his people to be a steady hand in a time of the market turbulence, but before Italy gets to certain of themselves they must keep in mind that actions speak louder than words.
Erin,
ReplyDeleteI was intrigued by how your group divided the jobs and thought this was a very smart idea. I represent Turkey and we are experiencing conflicts with people not wanting to be in alliances with us or the alliance we thought we had was different.
In regards to Italy I agree with how they need to ask for help because they clearly cannot fix this themselves if they have gotten into this much debt. But I also think that they need to make adjustments in the country to help them economically.
Erin, I hope you were able to achieve your goals through the AIC Simulation. I agree with Sarah, it was very smart to divide the jobs - divide and conquer as they say!
ReplyDeleteAs for Italy, international aid is definitely one of the only ways to survive the economic crisis. Thankfully Monti has a financial and economic background to pull Italy out of their debt. They are ones to watch over the next few weeks and months to come!