📋 Written Ability Test (WAT)/Essay Analysis Guide
🌍 Topic: Should Developed Nations Forgive the Debt of Developing Countries?
📖 Understanding the Topic’s Importance
💡 The essay explores economic justice, global partnerships, and policy reform. These themes are critical in understanding international economic systems and their impact on development.
🕒 Effective Planning and Writing
- ⏱️ Time Allocation:
- Reading & Planning: 5 minutes
- Writing: 20 minutes
- Review: 5 minutes
- 📚 Structure:
- Introduction: 60–70 words
- Body: 350–375 words
- Conclusion: 60–70 words
✍️ Introduction Techniques
- ⚖️ Contrast:
“While developed nations thrive with record-low interest rates, many developing nations spend over 20% of their GDP on debt servicing.”
- 📜 Timeline:
“From HIPC’s success in the 2000s to current calls for relief amidst climate crises, debt forgiveness has been both a necessity and a controversy.”
📚 Structuring the Essay Body
- 🏆 Achievements:
- Use data such as $100 billion savings under the Heavily Indebted Poor Countries (HIPC) initiative.
- Highlight how debt relief has enabled social investments in education and healthcare.
- ⚠️ Challenges:
- Discuss risks of dependency and recurring debt cycles without sustainable development measures.
- Reference cases like Argentina’s struggles with debt restructuring.
- 🌏 Future Outlook:
- Propose tying debt forgiveness to sustainable development goals (SDGs) and governance reforms.
- Advocate for global frameworks that ensure transparency and equitable economic systems.
🔑 Concluding Effectively
- ⚖️ Balanced Approach:
“Debt forgiveness is essential but must align with reforms to ensure long-term stability.”
- 🌍 Global Comparison:
“As Norway’s debt policies inspire, the global community must prioritize equitable and responsible frameworks.”
📄 Sample Short Essays
- ⚖️ Balanced Perspective:
“Debt forgiveness offers a path to equity but demands accountability to avoid dependency.”
- 💡 Solution-Oriented:
“Conditional forgiveness fosters global partnerships while incentivizing reform.”
- 🌏 Global Comparison:
“Comparing Norway’s success with Argentina’s failures reveals the need for tailored approaches.”