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UNIT 3 CURRENT ECONOMIC PROBLEMS
PART 1 DISCUSSION
Project 1 The Language of Statistics
1.1 Group discussion.
Here are two quotations: “There are three kinds of lies: lies? Damn lies and statistics”,“He uses statistics as a drunken man uses lamp- posts – for support rather than illumination”.
Study the graphs illustrating the Labour force statistics in Britain. Make similar graphs about Ukraine using the related information from the captions given below.
Ukraine. The country’s labour force totaled 25.1 million people in 1998. Some 40 percent of workers are employed in industry, 40 percent in the service sector, and 20 percent in agriculture. Unemployment is rising steadily, especially in the form of hidden unemployment, which includes people who have been kept on payrolls but have not been paid salaries. Although official data reported an unemployment rate of only 1.6 percent in 1996, the minister of labor acknowledged an actual rate of more than 11 percent. Trade union membership is strong, reaching nearly 100 percent of the workforce. The miners’ unions are especially active.
| The UK | | | | |
| | Total | Men | Women | |
| Labour force | 29,527,500 | 56.3% | 43.7% | |
| | | | | |
| Unemployment rate | 7.1% | | | |
| | | | | |
| Labor Force By Sector | Percent | | | |
| Agriculture, forestry, and fishing | 2 | | | |
| Industry | 27 | | | |
| Services | 71 | | | |
| Source: International Labour Organization; The World Bank | | |||
| Ukraine | | | | |
| | Total | Men | Women | |
| Labour force | | 56.3% | | |
| | | | | |
| Unemployment rate | | | | |
| | | | | |
| Labor Force By Sector | Percent | | | |
| Agriculture, forestry, and fishing | | | | |
| Industry | | | | |
| Services | | | | |
| Source: | |
Look at the graphs illustrating the imports- exports statistics in Britain. Make similar graphs about Ukraine using the related information from the captions given below.
In 1998 Ukraine imported $14.2 billion of goods and exported $12.3 billion. The major imports are oil and gas from Russia and Turkmenistan and technology from Western nations. Exports, which are minimal for a developed country, consist mainly of raw materials and agricultural goods. Leading purchasers of exports are Russia, China, Belarus, Turkey, and Germany; principal sources of imports are Russia, Turkmenistan, Belarus, Germany, and China. Ukraine is experiencing great difficulty breaking into the global market.
In 1992 Ukraine became a member of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (World Bank). It also became affiliated with the European Bank for Reconstruction and Development (EBRD). Ukraine is an associate member of the trade and economic union of the Commonwealth of Independent States (CIS), the loosely organized alliance of 12 former Soviet republics.
The UK
| IMPORTS | VALUE (BILLION US$) | | |||
| Finished manufactured goods | 157.3 | | | ||
| Semi manufactured goods | 72.7 | | | ||
| Food, beverages, tobacco | 26.0 | | |||
| Basic materials | 10.2 | | |||
| Oil | 8.5 | | |||
| | | | |||
| EXPORTS | VALUE (BILLION US$) | | |||
| Finished manufactured goods | 146.6 | | |||
| Semi manufactured goods | 70.7 | | |||
| Food, beverages, tobacco | 17.6 | | |||
| Oil | 16.1 | | |||
| Basic materials | 4.4 | | |||
| Source: Britain 1998 | | |
Ukraine
| IMPORTS | VALUE (BILLION US$) | |
| Finished manufactured goods | | |
| Semi manufactured goods | | |
| Food, beverages, tobacco | | |
| Basic materials | | |
| Oil | | |
| | | |
| EXPORTS | VALUE (BILLION US$) | |
| Finished manufactured goods | | |
| Semimanufactured goods | | |
| Food, beverages, tobacco | | |
| Oil | | |
| Basic materials | | |
| Source: | | |
When you have finished, compare your data in class. Was it difficult to find the necessary data? What source did you use?
Act out a dialogue considering the reasons and economic prospects of each country based on the information given above. Before performing think of other arguments you might use to back up your opinion.