2 Discuss the kind of situation with your partner.

FIR, Department of ESP, International Economic Relations, 2011/12 AY

Card 43

1 Speak about the functions of financial intermediaries. Take into consideration the following points:

* commercial banks

* saving and loan associations

* saving banks

* credit unions

* money market mutual funds

Provide a solution to further perspectives of the banking system in Kazakhstan.

2 Discuss the kind of situation with your partner.

FIR, Department of ESP, International Economic Relations, 2011/12 AY

Card 44

1 Speak about different kinds of banks with widely varying activities. Take into consideration the following points:

* the universal banks

* the ordinary deposit banks

* the saving banks

* the merchant banks

* the consortium bank

Provide a solution to further perspectives of the banking system in Kazakhstan.

2 Discuss the kind of situation with your partner.

FIR, Department of ESP, International Economic Relations, 2011/12 AY

Card 45

1 Speak about the functions of financial intermediaries. Take into consideration the following points:

* commercial banks

* saving and loan associations

* saving banks

* credit unions

* money market mutual funds

Provide a solution to further perspectives of the banking system in Kazakhstan.

2 Discuss the kind of situation with your partner.

FIR, Department of ESP, International Economic Relations, 2011/12 AY

Card 46

1 Speak about immigration Take into consideration the following points:

* a need for more people of working age to sustain the total population

* the level of prosperity doesn’t depend on the level of population

* immigration discourages people from training

* immigration depresses wages

Suggest ways of eliminating immigration.

2 Discuss the kind of situation with your partner.

FIR, Department of ESP, International Economic Relations, 2011/12 AY

Card 47

1 Speak about the immigration reform: the Simpson- Rodino Act of 1986. Take into consideration the following points:

* amnesty

* employer sanctions

* temporary farm labor

Suggest ways of eliminating migration.

2 Discuss the kind of situation with your partner.

FIR, Department of ESP, International Economic Relations, 2011/12 AY

Card 48

1 Speak about voluntary and involuntary unemployment Take into consideration the following points:

* reasons why people might voluntarily choose not to work at the going wage rate

* voluntary unemployment might well be economically efficient

* involuntary unemployment arises when qualified workers are unable to get jobs at the goin wage rates.

Suggest ways of moving wages to clear labor markets.

2 Discuss the kind of situation with your partner.

FIR, Department of ESP, International Economic Relations, 2011/12 AY

Card 49

1 Speak about automation as the main cause of unemployment Take into consideration the following points:

* automation neither creates nor destroys jobs

* the real impact of it is an increase in production

* automation exerts a positive influence on economic wellfare

Suggest ways of creating new jobs ( the rapid expansion of jobs in the high-tech computer-oriented sectors)