📋 Written Ability Test (WAT)/Essay Analysis Guide

🌍 Topic: Understanding The Role of the G20 in Addressing Global Financial Crises

🌐 Understanding the Topic’s Importance

The G20’s importance lies in its ability to foster international economic cooperation and mobilize resources for global crises. Its role in stabilizing economies has direct implications for global finance, trade, and sustainable development, making it a critical topic for B-school discussions.

📚 Effective Planning and Writing

• Time Allocation:
  • ⏱️ Planning: 5 minutes
  • ✍️ Writing: 20 minutes
  • 🔍 Review: 5 minutes

💡 Introduction Techniques

• ⚖️ Contrast Approach: “While the G20 represents 85% of global GDP, its initiatives often fail to address the needs of low-income countries effectively.”
• 🌱 Solution-Based Introduction: “As global financial crises become more complex, the G20’s collaborative approach offers a blueprint for coordinated action.”

📖 Structuring the Essay Body

• Achievements: Highlight successes like coordinated fiscal responses during crises (e.g., 2008).
• Challenges: Discuss rising debt crises and gaps in policy implementation.
• Future Outlook: Advocate for reforms in accountability and inclusivity to enhance the G20’s impact.

🎯 Concluding Effectively

• ⚖️ Balanced Approach: “While the G20 has addressed global financial crises effectively, its future success depends on greater inclusivity and accountability.”
• 🌍 Global Comparison: “Learning from the EU’s structured mechanisms could enhance the G20’s capacity to respond to global challenges.”

🔑 Recommendations for Sustainable Progress

• 🛠️ Strengthen enforceability of commitments.
• 🌍 Increase support for low-income countries.
• 🤝 Enhance partnerships with non-G20 nations and organizations.

📄 Sample Short Essays

• Balanced Perspective:
  

  “The G20 has been instrumental in crisis management, yet its success is uneven across nations, necessitating stronger accountability.”

• Solution-Oriented:
  

  “To address global crises effectively, the G20 must prioritize inclusivity and implement stricter policy monitoring mechanisms.”

• Global Comparison:
  

  “Learning from successful models like the EU’s Stability Mechanism, the G20 can ensure equitable and effective crisis management.”