Prepare a summary of the following article: Barry Eichengreen and Ngaire Woods, The IMF’s Unmet… 1 answer below »

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Please submit ONE word file covering the WHOLE assessment, answer

BOTH parts

a) Prepare a summary of the following article:

Barry Eichengreen and Ngaire Woods, The IMF’s Unmet

Challenges, Journal of Economic Perspectives—Volume 30,

Number 1—Winter 2015—Pages 29–52

Please read the following 7 items:

1. You must include the title of your submission which must be

“A summary of: “The IMF’s Unmet Challenges” by Barry

Eichengreen and Ngaire Woods, Journal of Economic

Perspectives—Volume 30, Number 1—Winter 2015—Pages

29–52”.

2. You are allowed an extra 26 words to cover the title.

3. This article is available via the University SOLAR> e-journals

site.

4. Your submission should be a summary of the contents of the

paper.

5. You are not required to read or quote from any of the cited

articles in the paper. References are not required.

6. You are not required to have specialist knowledge beyond

that delivered in the module.

7. You are writing a summary of the paper – do not write an

essay based on the title of the paper.

(1,000 words; 33 marks)

b)

i) Explain why PPP and IFE in theory makes derivatives

unnecessary.

ii) Evaluate the differing ways in which derivatives can protect

against the failings of IFE and PPP.

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