📋 WAT/Essay Analysis Guide
🌟 Topic: Should Governments Create Public Funds for Crisis Response, Such as Pandemics?
🌐 Understanding the Topic’s Importance
Crisis funds symbolize a nation’s foresight and preparedness. For B-school essays, this topic ties closely to economic resilience, governance, and innovation in healthcare finance.
🛠️ Effective Planning and Writing
- Time Allocation: Planning (5 minutes), Writing (20 minutes), Reviewing (5 minutes).
- Essay Structure:
- Introduction: 70 words.
- Body: 375 words (Achievements, Challenges, Future Outlook).
- Conclusion: 70 words.
🎯 Introduction Techniques for Essays
- Contrast Approach: “While South Korea’s emergency funds enabled swift COVID-19 testing, many countries struggled with insufficient resources, highlighting disparities in preparedness.”
- Solution-Based: “A global surge in pandemics demands structured public funds to ensure swift, equitable responses worldwide.”
- Timeline Approach: “From SARS to COVID-19, each crisis underscores the urgent need for dedicated public funds.”
📈 Structuring the Essay Body
Achievements
- Case Study: South Korea’s rapid deployment of funds during COVID-19.
- Data Point: $1.6 billion raised by the Global Pandemic Fund.
Challenges
- Transparency Issues: India’s PM CARES Fund faced criticism for lack of accountability.
- Global Inequities: Disparities in fund access and deployment between nations.
Future Outlook
- Recommendations: Public-private partnerships, global fund alignment, technology-backed monitoring.
🤝 Concluding Effectively
- Balanced Conclusion: “Public crisis funds are pivotal but must balance accountability and inclusivity for long-term success.”
- Global Comparison: “Learning from South Korea and Norway, nations can adopt hybrid models for effective crisis management.”
📜 Recommendations for Sustainable Progress
- Implement AI-driven monitoring systems.
- Promote international collaboration through organizations like WHO.
- Encourage legislative frameworks for fund transparency.
📄 Sample Short Essays
- Balanced Perspective: “Crisis funds can save lives and economies, provided they adhere to transparency and inclusivity.”
- Solution-Oriented: “Global funds co-managed by public and private entities ensure equitable crisis response.”
- Global Comparison: “Norway’s financial model and South Korea’s response highlight the effectiveness of pre-allocated resources.”