Draft a Research Proposal Essay
Your task is to write a 2- 3-page (500-750 word) research proposal essay in which you do the following:
- Introduce the contemporary global problem you’ve selected and explain its significance, both in its field of study and to the larger global population.
- Present a clear argument as to why this topic is worthy of time and attention, making sure to include some preliminary research on the role of cultural diversity on the problem, its creation, and/or possible solutions, supported by evidence from scholarly sources.
- Present at least two ethical perspectives or ethical issues related to the problem, supported by evidence from scholarly sources.
- Include at least 3 scholarly sources to support your points, and make sure to use proper in-text citations and a reference list in APA format. Use the Library resource for help in finding appropriate sources.
Your proposal essay must include the following:
- Proper essay conventions, including an introduction, body paragraphs, transition sentences, a conclusion, in-text citations, and a reference list in APA format with at least 3 scholarly sources.
- Assume that your audience for this proposal is a non-expert without specialized knowledge in the topic you’ve chosen.
- Be your original writing. Any quotations from your sources should be limited to less than 10% of your total word count.
Make sure to read and review the module presentations before beginning. Use the Milestone 2 template to format your essay appropriately (Attached).
Milestone 1
1.
What is the contemporary global
problem to be researched?
It is critical for
governments to act quickly to mitigate debt vulnerabilities and turn around
debt patterns that have persisted over the long term.
2. How
does this problem relate to your academic and/or professional journeys?
I am near degree completion
in Liberal Arts with a concentration in logistics operations management, and I
have worked for over 20 years primarily in finance and supply for most of my
career. I intend to step into a role where the US and global debt could affect
the opportunities in working in either the public or private sector. Supply chains may be disrupted due to
economic problem from mounting uncontrolled global debt (Brown, 2023).
3.
Why is this global problem significant?
In order to mitigate
debt risks and turn around long-term debt trends, governments must act swiftly.
Some possible policies regarding private sector debt include keeping a close
eye on the amounts of debt held by households and non-financial corporations,
as well as any dangers to financial stability that may be associated with this.
Establishing a trustworthy fiscal framework can help mitigate risks associated
with public debt by outlining steps to strike a balance between expenditure
demands and the sustainability of debt. People should care because access to
capital through lending is critical to economic growth and personal prosperity,
not just the United States but the global economy as well.
As explained by Gaspar
et al. (2023), debt reduction will free up funds for new investments, which
will stimulate the economy in the years to come. To get there, we need labor
and product market reforms that increase our nation’s potential production.
Carbon taxes and other forms of international tax cooperation might help reduce
strains on public funding even further (para. 9).
4.
What role do issues of cultural
diversity play in your global problem?
If it is possible in solving worldwide debt, cultural diversity will be
an important factor to consider. When people from different backgrounds live
side by side in the same nation or area, we say that there is cultural
diversity. Different countries’ cultural backgrounds impact their views on
debt, borrowing, and lending practices, which in turn impacts their approaches
to finding global debt solutions.
References
Brown, S (2023, March 70). Why global debt and supply chain risks are
likely to linger. Financial Management. https://www.fm-magazine.com/news/2023/mar/why-global-debt-supply-chain-risks-likely-linger.html
Florida, R. (2011, December 12). How Diversity Leads to Economic Growth.
Bloomberg. https://www.bloomberg.com/news/articles/2011-12-12/how-diversity-leads-to-economic-growth
Gaspar, V., Poplawski-Ribeiro, M., & Yoo, J. (2023, September 13). Global
debt Is returning to its rising trend. International Monetary Fund IMF Blog.
https://www.imf.org/en/Blogs/Articles/2023/09/13/global-debt-is-returning-to-its-rising-trend#:~:text=Forces%20in%20debt%20trends&text=Global%20public%20debt%20tripled%20since,span%20between%201960%20and%202022
Tedx Talks. (2019, September). To help solve global problems, look to
developing countries | Bright Simons [Video]. YouTube. https://www.youtube.com/watch?v=ssR-RguvjHo&t=425s