CONTACT: SCOTT HAUSER
100 Old Public Library
Iowa City IA 52242
(319) 384-0007; fax (319) 384-0024
UI law students produce "electronic handbook" on international
IOWA CITY, Iowa -- University of Iowa law students are hoping that a
new "electronic handbook" that they have developed will help
explain the complex, yet important, world of international finance and
the International Monetary Fund (IMF) to people without advanced degrees
or years of study.
The students, who have spent the past academic year in an in-depth seminar
on international finance, will unveil their "e-book," entitled
"Global Money, the Good Life and You," during a presentation
from 9 a.m. to noon Friday, April 17 in the Levitt Auditorium of the Boyd
The presentation is free and open to the public.
The address for the "e-book" will be: http://www.uiowa.edu/~erclog/webdex/
The "e-book" is the result of a collaboration among students
who took a year-long seminar under the direction of Enrique R. Carrasco,
professor of law and an expert on international finance.
The electronic handbook is a collection of materials produced by the
students and organized through the computer network of the World Wide Web.
The e-book is divided into three main sections: part one provides an
introduction to issues of international development; part two focuses on
development in the 1990s; and part three covers how the IMF and the World
Bank affect the global economy with a special emphasis on the Asian currency
crisis which began last fall.
Instead of footnotes, users follow links to explanations of terms and
concepts used in the student papers. The links also provide references
to resources, including other websites, where readers can get more information
about particular topics.
Roman Terrill, a third-year law student who worked on the project, says
the goal of the project is to provide people with an introduction to the
workings of international finance and the IMF.
"The IMF has become very prominent since the beginning of the Asian
financial crisis," Terrill says. "People in the United States
may not feel the impact directly, but the IMF is having a profound influence
on Korean labor law, the price of food in Indonesia and tax laws in Russia.
It has a very direct impact on people in the developing world."
Carrasco says the materials are written without academic jargon so that
lay people can get a better insight into broad issues of international
finance that will become more important as global markets become more dependent
on each other.
"People will not learn how to make money-making investments by
visiting our website," Carrasco says. "But they will learn a
great deal about the mysterious world of international finance and how
the IMF and World Bank function. This type of education is critical as
we move into the 21st century."
The e-book also is interactive, allowing people affected by globalization
of international finance to tell the students how their lives have been
changed. The submissions will be used to supplement the research material.
For more information contact Enrique R. Carrasco, professor of law,
University of Iowa, at (319) 335-5059; or through the website: http://www.uiowa.edu/~erclog/ Or contact
Kristen Berg by email at firstname.lastname@example.org