📋 Written Ability Test (WAT) Analysis Guide

🌟 Topic: Can Economic Nationalism Protect Jobs in the Era of Globalization?

🌐 Understanding the Topic’s Importance

Economic nationalism addresses challenges posed by globalization, such as job outsourcing and trade imbalances. Its relevance to B-schools lies in understanding the trade-offs between global integration and local economic stability.

🕒 Effective Planning and Writing

• Time Allocation:
  • Reading & Planning: 5 minutes
  • Writing: 20 minutes
  • Review: 5 minutes
• Preparation Tips:
  • Identify key policies like India’s PLI or U.S. tariffs.
  • Use data to illustrate job impacts.

✍️ Introduction Techniques for Essays

• Contrast Approach: “While globalization brought unparalleled economic growth, it also led to significant job losses in developed nations, spurring economic nationalism.”
• Solution-Based Approach: “Economic nationalism, through targeted subsidies and tariffs, seeks to rectify globalization’s job displacement.”

📑 Structuring the Essay Body

1. Achievements: Cite examples like India’s PLI scheme boosting jobs or the U.S. steel industry revival.
2. Challenges: Discuss trade wars, higher consumer costs, and global retaliation.
3. Future Outlook: Balance between global trade benefits and protecting strategic sectors.

✅ Concluding Effectively

• Balanced Approach: “Economic nationalism provides short-term job protection but must evolve to address global competitiveness.”
• Global Comparison: “Drawing lessons from Japan and Germany can help integrate economic nationalism with globalization.”

📊 Sample Short Essays

• Balanced Perspective: “Economic nationalism can shield jobs but may hinder innovation without global integration.”
• Solution-Oriented: “Strategic subsidies and trade reforms can make economic nationalism a sustainable approach.”
• Global Comparison: “As Germany combines local industry protection with export strength, nations can adapt similar models.”