University of Nairobi Developing Countries Draw on Foreign Capital Discussion

Question Description

What is the three-phase cycle in the North-South financial relations? Be specific in your explanation.
Why do developing countries draw on foreign capital and what are some major channels of the latter? Be specific in your explanation.
What is petrodollar recycling? What are some adverse effects of petrodollars? Explain by also focusing on its potential ethical implications.
What is debt-service capacity and what factors impact it? Explain by using the case of Latin America. Also, discuss potential ethical implications related to the issue.
You are required to answer two of my questions, thus starting two new discussion threads for other students to reply.
- - Each answer to my questions should be in at least 300 words, totaling 600 words for both answers.
    - Greetings or compliments will not be counted toward the length requirement of each thread.
  - Each answer should be posted separately.
    - Thus, you should have two separate threads for each discussion.
  - Both answers to my questions should be posted by no later than Friday of the discussion week.
    - This is done to provide you sufficient time to reply to your classmates’ answers.
You are required to use the textbook as the primary course of information.
- - External source may be used to enrich your responses; however, such use should be secondary.
  - Your answers should demonstrate to me that you have both engaged and critically thought about the readings.
You are required to reply to at least three other students discussion threads.
- - Each reply to your classmates threads should bein at least 100 words, totaling at least 300 words for all three replies.
    - Each reply should be substantial and discuss related ideas or concepts
    - Greetings or compliments will not be counted toward the length requirement of each thread or reply.

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