📋 Written Ability Test (WAT) Analysis Guide: The Role of Economic Diplomacy

🌐 Understanding the Topic’s Importance

Context: B-schools value essays demonstrating understanding of economic diplomacy as a tool for sustainable development, global leadership, and conflict resolution.

📝 Effective Planning and Writing

• ⏳ Time Allocation:
• Planning: 5 minutes
• Writing: 20 minutes
• Review: 5 minutes

💡 Introduction Techniques

• 🔄 Contrast Approach: “While economic diplomacy has boosted global trade, growing protectionism threatens to undo decades of progress.”
• 🌟 Solution-Based: “By prioritizing equitable agreements and digital trade, economic diplomacy can redefine international relations for the 21st century.”

📚 Structuring the Essay Body

• 🏆 Achievements: Highlight the success of regional economic blocs like ASEAN and the EU.
• ⚠️ Challenges: Discuss trade wars, protectionism, and exploitation concerns.
• 🌟 Future Outlook: Explore emerging trends like green economy initiatives and digital trade.

🔑 Concluding Effectively

• ⚖️ Balanced Conclusion: “Economic diplomacy, while transformative, must adapt to ensure inclusivity and resilience against global disruptions.”
• 🌍 Comparative Conclusion: “Drawing on EU and ASEAN models, nations can shape economic diplomacy that balances growth with sustainability.”

📊 Analyzing Successes and Shortcomings

• 🏅 Achievements: Facilitates trade and infrastructure development.
• ⚠️ Challenges: Rising protectionism and inequality.
• 🌐 Global Context: Compare frameworks like RCEP and BRI (Belt and Road Initiative).

🌿 Recommendations for Sustainable Progress

• 🤝 Promote Equitable Agreements: Ensure smaller nations benefit fairly.
• 💻 Leverage Technology: Embrace digital trade for broader participation.

📄 Sample Short Essays

• ⚖️ Balanced Perspective: “Economic diplomacy is a double-edged sword. While fostering trade and growth, it must balance the interests of developed and developing nations.”
• 💡 Solution-Oriented: “Economic diplomacy’s future lies in embracing green economy initiatives and digital trade, ensuring inclusive global development.”
• 🌍 Global Comparison: “Comparing China’s BRI and EU’s trade model underscores the need for balanced approaches to economic diplomacy.”