Tuesday, April 30, 2019
Vision Paper Research Example | Topics and Well Written Essays - 2000 words
Vision - Research write up ExampleI have wanted my students to fate with me what they can non sh are with any other person because I do not want them to stay disturbed, which might affect their studies. I have wanted them to share their happiness with me and consider me as some one who cannot solo guide them professional but also personally. However, one cannot achieve all that he wants but struggle can make everything possible and this is what I am doing to make my class room an idealistic place for all the students and teachers.Being a teacher is lightsome but to live teaching is not a childs play, it requires a lot of patience and tolerance to fulfill the meaning of word teacher, to fulfill the expectations of parents and most importantly to fulfill the expectations of students. Teachers do not have their roles limited to the boundary of classrooms their duty is far beyond the classrooms. If every teacher understands this concept so it would not be difficult for him or her t o acquire the place of Best Friend in the hearts of students. Now the question must arises that why is there a need of being friends of students? This paper give gradually answer this question. Primarily, being friend of students can process the vision of every teacher. Regardless of the desires mentioned in the vision, friendship with the students can achieve any vision the teachers have (Koplow, 2002).I am repetitively direction on being friends because I have personally experienced this in my life that we are only easily able to share our life with those who understand us the most and in most of the cases, these are our friends. Friends know every aspect of our personality, they know our backgrounds, they are aware of our skills and capabilities, and they always do what makes us happy. I believe that only after acquiring this place in the hearts of students, I can accomplish my vision, which is to develop a culturally responsive classroom.Culturally responsive classroom reflect s the idea
Compare and Contrast the Emergent and Intended Approach to Strategic Literature review
Compare and Contrast the Emergent and think Approach to Strategic - Literature review ExampleThe authors have been carrying out research for over decennium years on the topic and the think audiences are the entrepreneurs and organization leadership. The topic has meet my expectations because it compares and contrast the intended strategy together with agnise strategy in a diagram form, hence distinguishing heedful strategies realized as intended from sudden strategies patterns realized in spite of intentions. The special features of the work that were helpful was the realisation of different types of strategies and everyone embodying different degrees of what is called deliberateness. The authors are of high integrity Henry Mintzber is heading the faculty of humanagement at McGill University while James Waters is a lecture at York University in the faculty of administration studies. The authors reason out that strategies are tending towards being more deliberate in tightly c oupled, centrally controlled institutions and more emergent in decentralized loosely coupled ones. According to my conclusion, strategy formation walks in two forms, deliberate and emergent.... since it contain the information on the school design context and contribution, four strategical management conditions that progress an institution to move towards design school are explained. The helpful work was in the explanation of exposit underlying the school of design since each premise explains the process of strategy formation. Mintzber who is the author is a man of high integrity and he is heading the faculty of management at McGill University. The authors concluded that the school has provided significant information on the discussion of grand strategy and it has given the notion that underlies all prescription in the field of management. I concluded that there is concurrence between external opportunity and internal faculty in the field of strategic management. Ansoff, H., (1 991). Critique of Henry Mintzbergs the design school reconsidering the basic Premises of strategic management, Strategic Management Journal, Vol.12 (6), PP.449-461 The main focus of this article is to critique the work done by Mintzbergs (1990) on design school of emerging strategic management. The design is evaluated using two criterias, methodological soundness and literal veracity, after the evaluation, it was found that the critique has deficiency by both methods. The problem of Mintzbergs work is associated with lack of logics in his presentation, his definition on strategy differs from the current practice in management and he failed to differentiate prescriptive and descriptive statement. In this critique, the author emphasis on methodological deficiencies and factual contradictions between Mintzbergs and real valet of strategic management. Full description of Mintzbergs model was presented by the author and he found some sound contexts in Mintzbergs work. These
Monday, April 29, 2019
Business Research Methods Essay Example | Topics and Well Written Essays - 750 words
Business Research Methods - Essay ExampleThe individualized interview will allow the investigator to connect with each individual which will facilitate the sue and create a connection that should translate in honest and truthful answers for the investigation. It would hard to collect the knowledge the investigator seeks utilizing other methods that utilized standardize questions.B. The best primary question method to perform opinion poll on large group of students concerning their preference among preferential dissolvedidates is to submit the group to self- accorded questionnaires. This is the best option because we be dealing with a large population which creates the necessity for a method that is potent and easy to administer (Mann, 1995). Since the scope of the information needed is simplistic a questionnaire piece of tail be utilized effectively in this research application. The questionnaire is also the best alternative because is the most cost effective solution for th is particular problem. The students would encounter out the questionnaire themselves without the assistance of the investigator in the process. Once all the questionnaires are collected the investigator can perform other qualitative and quantitative analysis to evaluate the data collected.C. In this example in that location is need to survey 58 wholesale grocery companies about their personal management policies. One of the constraints of the detail is that each of the companies is scattered in different locations in the eastern part of the United States. The best research method for this particular situation is to perform telephone interviews. A phone survey is a organized collection of data from a sample population using a standardize questionnaire (Responsivemanagement, 2009). All the participants can be easily reached by the utilizing the telephone as the main communication device. The phone survey is effective for this particular situation because it speeds up the process i n comparison with visiting
Sunday, April 28, 2019
Global Oil and Gas Industry Essay Example | Topics and Well Written Essays - 1500 words
Global Oil and Gas Industry - turn up ExampleThis study analyzes the political and economic climate and how the oil and triggerman stakeholders position their oil geographic expedition ventures with national and international policies.Oil exploration begins with oil platforms located on the continental shelf. The platform is addicted to the ocean floor, consisting of a floating, artificial island. Improved technology makes possible and more profitable oil boring and production in deeper waters. A floating production, storage, and offloading (FPSO) system is used by the offshore oil and torpedo industry and designed to take all of the oil or spatter produced from a nearby platform, do work it, and store it until the oil or gas can be offloaded onto waiting tankers, or sent through and through a pipeline. (Wikipedia) The worlds top three oil reserves are in the Middle East that is to say Saudi Arabia, Iran, and Iraq. There are two major sectors within the oil industry, upstream and downstream. Upstream is the abut of extracting the oil and refining it. Downstream is the commercial side of the business such as delivery to manufacturers and gas stations. (Investopedia). Oil investors talk of an average seven-year period for exploration when commercial quantity reserves should have been accomplished and from 25 to 35 years of production and manufacturing.A most important natural resource, oil fuels the world economies. intimately every human activity in the 21st century is related to crude oil, from illumination to transport, childs play conditioning, heating and sewage system to use of household products such as petroleum jelly and trunk creams. The US which is the worlds richest economy is such because it has control over cheap oil. Recently, the Latin US, Russia, and Asia are experiencing economic harvest-home and consuming oil at an increased level. People in these countries are entering the world of consumerism, buying appliances and gadgets that are hungry for electricity wanting to travel by car, ships, and jets that require oil to function. Oil is the lifeblood of capitalism. create countries need all the oil they can get to run factories, machineries, equipment and power plants. (USOilandGas.net) This is the reason the oil and gas sector continues to attract investors from all over the world.The major players in the oil and gas sector later the war in Iraq, the US, foreign oil companies and the International Monetary Fund rushed the Iraqi governing to pass the Iraq fair play that opened the countrys national oil system to foreign control. The new oil law gives foreign corporations access to
Saturday, April 27, 2019
Combining Nurse Leader With Advocacy Essay Example | Topics and Well Written Essays - 750 words - 1
Combining Nurse Leader With Advocacy - Essay ExampleMoreover, the nursing purlieu holds me accountable for all nursing actions and outcomes thus motivating me to set high expectations and seek positive forbearing results. I endure high expectations for my performance and coiffe. I possess great leadership and communication skills that set aside me to help others in resolving disputes and dilemmas in this field. I also follow the ethical guidelines adopted in the practice. However, I go through a weakness since I am not a member of a professional nursing organization thus missing a chance for professional development. I am a poor time issuer and always talk frankly without considering other peoples views.With respect to career planning, I manifest competent experience in understanding the job commentary and requirements of nurse managers. I have been providing nursing care to patients and became a role model to other nurses. As such, I have taught some nurse practitioners, off ered career advised, and addressed various nursing issues. My pursuit of farther education in this field prepares me for a success professional career in the future. I have fundamental technical knowledge in nursing and possess teamwork and communication skills that prepare me for a intense career. My personal characteristics like robustness, ethical behavior, and ability to perform under immense pressure guides my career. However, I have a weakness in low work experience and poor job-hunting skills that may jeopardize my sideline to practice nursing in the future.On personal journey disciplines, I manifest expert practice that helps me to develop my capacity as a leader. I have immense knowledge and leadership skills to manage nursing teams that enhance shared leadership in nursing practice. In addition, I manifest specialty in solving problems and reflecting on personal decisions that relate to my practice. As such, I use techniques of action learning to influence my nurse tea ms in making decisions and solving disputes thus
Friday, April 26, 2019
The High Court, The Crown Court & Magistrates Court Essay
The game Court, The meridian Court & Magistrates Court - Essay ExampleAll offences which can be tried in the Crown Court be known as indictable offences. The most serious indictable offences which moldiness be tried in the Crown Court are known as indictable-only offences. There are other indictable offences, such as theft, which can, but need not, be tried in the Crown Court. These are known as either-way offences. Below the Crown Court, at the lowest rung of the criminal hook hierarchy, are the inferior magistrates courts. Proceedings in magistrates courts are presided over either by a workbench of lay justices of the peace, who sit with a leg whollyy adapted clerk, or by a statutoryly qualified stipendiary magistrate. Magistrates courts try the either-way offences which are not tried in the Crown Court and also synopsis offences. These are crimes created by statute which must be tried by a magistrates court. An either-way offence cannot be tried in a magistrates court unle ss the accuse assents to this and a magistrates court agrees that the summary procedure is appropriate. If the accused does not consent or the magistrates court vetoes a summary trial the offence must be tried on indictment in the Crown Court regardless of whether the accused intends to plead at fault or not guilty. The only effect of a guilty plea is to make it unnecessary to list a jury in the Crown Court. ... In the majority of cases the court which convicts an accused also sentences him. gamey CourtHer Majestys full(prenominal) Court of Justice (usually known more simply as the High Court) is, unneurotic with the Crown Court and the Court of Appeal, part of the Supreme Court of Judicature of England and Wales (which under the Constitutional crystalise Act 2005, is to be known as the Senior Courts of England and Wales).It deals at first instance with all the most high value and high importance cases, and also has a supervisory jurisdiction over all subordinate courts and tr ibunals. Appeal from the High Court in civil matters lies to the Court of Appeal and thence to the dramatic art of Lords, except when the High Court is sitting as a Prize Court when appeal lies to the discriminatory Committee of the Privy Council.The High Court is based at the Royal Courts of Justice on The Strand, in central London. However, it also sits as District Registries all across England and Wales and virtually all proceedings in the High Court may be issued and heard at a district registry. It is headed by the Lord foreman Justice of England and Wales. By convention, all of its male judges are made Knights Bachelor, while all of its womanish ones are made Dames Commander of the British Empire.The High Court is split into three main divisions the Queens patio Division, the Chancery Division and the Family Division. The Supreme Court Costs Office is the part of the High Court that deals with legal costs and falls outside these divisions.http//en.wikipedia.org/wiki/High_ Court_of_JusticeIf we look at the standard works of constitutional law, the only issue that is agreed is that judicial independence means that High Court judges may not be dismissed without an
Thursday, April 25, 2019
Cost Benefit Analysis and US Health Care Research Paper
Cost Benefit Analysis and US wellness Care - explore Paper ExampleThis paper will describe how Cost Benefit Analysis (CBA) and Cost long suit Analysis (CEA) can assist the US wellnesscare to address the issue of rising greets.Cost-Effectiveness Analysis and U.S. Health Care is an article written by Uwe E. Reinhardt and published in the Todays Economist blog. In the first part of the article, Reinhardt particularly says about the current significance of proportional effectiveness abridgment in the US healthcare. The author suggests that clinical practice guidelines promulgated by medical specialty societies must be based on a well structured comparative effectiveness analysis so as to deliver better outcomes to patients as well as the Federal government. He also recommends the introduction of a comparative cost-effectiveness analysis with intent to establish least-cost therapeutic strategies capable of achieving a given therapeutic goal. Reinhardt distinctly tells that dickens distinct groups oppose cost-effectiveness analysis in the US healthcare. According to the author, the manufacturers of pharmaceutical and biotechnology products or of medical devices often constitute the first group whereas the second group is comprised of individuals who sincerely believe that health and life are priceless (Reinhardt, 2009).In the article, Reinhardt mainly describes two interconnected approaches, such as comparative effectiveness analysis and comparative cost-effectiveness analysis to improve the overall health benefits delivered to patients and to trim down the cost of health products and services. Comparative effectiveness analysis is a better tool to compare and evaluate two potential choices and to identify the most feasible one. Under this method, positive and negative consequences of different choices under considerateness are scrutinized, and finally the most effective choice is identified. The major strength of the comparative effectiveness analysis is tha t it
Wednesday, April 24, 2019
Tax Credits in Rhode Island Research Paper Example | Topics and Well Written Essays - 1250 words
Tax Credits in Rhode Island - Research Paper ExampleIt also includes real realm costs, utilities, labor costs, and valuatees that are considered significant factors in business climate evaluation. In this area, Rhode Island has the largest prospect to enhance its temperament in national rankings. Rhode Islands comparatively lofty tax burden and intricate regulatory organize are two major areas that live made business impossible within the island (Bardach 23). Several proposals have been forwarded with the intention of easing the pressure on businesses. One of these suggestions involves the introduction of tax credits to ease the tax burden and encourage local and foreign enterprises to thrive in the island. The following sections attempt to discuss the pros and cons of introducing such a macroeconomic policy as well as its effects and viability within Rhode Island.Elements such as a high tax burden and intricate regulatory setting have made it contend the government to develop an appealing environment for commerce. Rhode Islands business tax burden can be considered one of the highest globally. Based on the KPMG study entitled Location Matters, Rhode Island recorded higher than normal place for its tax rate index at 28.4%. This figure was significantly higher than all the New England states (Bardach 26). The work force quality, cost of doing business and business climate in Rhode Island has been cited by different surveys as being on a lower floor standard while it has performed exceedingly well in terms of quality of life, access to capital and nurture levels.
Tuesday, April 23, 2019
Research proposal--- The effects of transnational media on Asian Proposal
--- The effects of multinational media on Asian countries - Research Proposal physical exertionThe proficiency in technology lead to the poverty-stricken flow of colloquy to all over the cosmea despite the resistance from the non- Hesperian countries. Rapid advancement in communication technology guaranteed the transnational media the uncontrolled photo of audience all over the world to the western messages. Western movies, news, music, game shows and other entertainment items bugger off become easily assessable to all. This uncontrolled penetration of westerm media to other civilizations and traditions has become dominant feature of the advancement of transnational media. Satellite, cable and computer behave empowered the audience to choose and receive the media messages without whatever control. local governments have no freedom to censure and control the content of the transnational media programmes and the local audience have gained the total freedom of choice, based on their values and tastes, what to see and not to see. This often leads to the cultural sensitising or hybridization internationally. The international audiences are constantly exposed to the social and cultural situations which are only contradictory to their original cultural and traditional beliefs. For example, in many (most of) Asian countries, behaviors like dating (or any premarital sex), gambling and alcohol drinking are antisocial and unacceptable. But as a resultant of cultural desensitization, the constant exposure to these activities through entertainment shows, the people in Asia become desensitized to be free from the social inhibition and finally become more accepted and indulged in the above said Western behaviours (Galander, 2008). 2. Background of the Study and Review of the Existing Literature Initially, globalization affected industry, trade, finance and even culture of the nations, but the culture and traditions are also influenced by the globalization proc ess by extending the activities of electronic and borderless media. It has led to the statelessness and oligopolistic market of few transnational media firms (Hamelink, 1993). With the advent of communication technologies, media firms penetrated into the foreign markets by utilizing the opportunities of the opening up of communication sectors in the developing nations and tried to create production and distribution efficiency and built their own transnational media empires (Gershon, 1993). Globalization of entertainment industries with the advent of transnational media has led to the homogenization and westernization of traditions and cultures. This post modern hybridization of culture has occurred within the larger context of economic, political and cultural process within the regions, nations, ethnic communities and this growth was influenced by not only the policy decisions of the governments but also by the strategic management decisions of media owners, cable operators, satell ite providers and agencies. The popularization of transnational media and process of globalization of electronic media raise various socio-cultural and ethical issues in the saucily emerging Asian countries (Thomas, 2005). Transnational cable channels apply domestication strategie
Monday, April 22, 2019
Democratization efforts in the Gulf Essay Example | Topics and Well Written Essays - 250 words
Democratization efforts in the Gulf - raise ExampleHowever, more still needs to be done to ensure that the democratization process is effective. in that location is a need to establish re exploits in the judiciary and allowing the civil society to perform their oversight duties.The limits of educational policy as an engine of social modification and economic uplifting can be discussed from a number of perspectives. The Middle eastbound education is inherently based on the religious teachings of Islam2. Anything contrary to this form of education is disregarded. The Middle East does not have educational policies that bring about social change in the region. Education is centred on religion, and this, hinders other tenets of education to be wished away as they are regarded as tools that undermine the Islamic faith3. It is important to note that certain elements of the education system in the Middle East are relevant to the needs of the people only to some
Sunday, April 21, 2019
Research paper Example | Topics and Well Written Essays - 2500 words - 8
Research Paper Examplesuch(prenominal) drive of accountability comes from the quest of integrity from public arena management (Oshisami, 2004). Off late, the political relation sector is coming into increasing focus because of the rise in number of frauds and inappropriate use of public funds. such irresponsible behavior on the part of the government has called increased attention to accountability and transparency on the part of auditors and accounting managers in these firms and those associated with such government firms (Banker, Chang & Cunningham, 2003).The paper is aimed at finding out the workable reasons behind ethical issues that auditor experience in government firms over auditing practices. The paper proceeds in two forms of data analysis to support and provide weight to the judgment. The primary data is collected by means of an interview of 30 auditors belonging to a private audit firm who do audits for government organization. The interviewees were quizzed over var ious aspects of ethical auditing jobs in government firms.The secondary research over the topic was make by means of extensive research through journals, articles and books. The research moved on to identify problem areas in ethical auditing and tries to suggest recommendation for improvement over those.Auditing quite a little be defined as a self-determining examination of books of accounts of an organization done by a designated person which gives a fair view of whether accounts maintained are true and reasonable and also whether they comply with regulatory requirements or not. Audit can be classified into three types of categories.In a recent report, it was found that one of the big iv auditing firms, Ernst & Young had reported a flaw in about 48% of its audits revealed by the US government auditing regulators. Such inefficiencies included insufficient tests of their customers internal safeguards, failure of identification of revenue
Tuition increase Article Example | Topics and Well Written Essays - 250 words
Tuition increase - Article Example be birth been escalating due to the fact that colleges must overcome the colleges had to compensate for the reductions that were made in per-student basis. In addition, human race universities spending have been climbing since inflation has taken off. Moreover, the income ambiguities that exist between poor and rich colleges have undoubtedly been prevalent. Increase in spending for public colleges continued to be driven due to elevateder(prenominal) administration and maintenance costs. Clearly, the gap between the rich and the poor schools continues to be an added burden for the student community. ace of the main reasons that Duke University costs about $51,000 a year is that the elite schools continue to bid for the excelled faculty and former(a) resources Since public schools tend to serve many low-income students and minority students who need more remedial classes and extra counselling services than better-prepared students who attend elit e private universities, says F. King Alexander, president of California State University at foresightful Beach. The lack of state and federal funds have pushed public schools to also raise their costs, which is a high unconcern for students who are already in a tight financial situation. Yet, the hope remains- that the recessive providence pulls itself through for the better and stops the inflation from concurring more debt than needed.The Surprising Causes of Those College Tuition Hikes - US watchword and World Report.US News & World Report News & Rankings Best Colleges, Best Hospitals, and more. N.p., n.d. Web. 24 Oct. 2011.
Saturday, April 20, 2019
Web develop report Essay Example | Topics and Well Written Essays - 1000 words
Web develop communicate - Essay ExampleFirst, the website lacks the repetition of visual elements, which is important for the interactivity of a website. In terms of contrast, there are very few blocks of text that contract with the websites background. Several texts are almost illegible and atomic number 53 would struggle to understand the words put across by the website. Barry Tebbs Mental Health intercommunicate Website link and the whole of Feature Articles section give such examples. This is shown below.In terms of proximity, related items are near each other as they should be. The issue arising here is that nearly everything is at this same proximity. piece Review and E Magazine are two separate sections, they have been spaced the same duration as the line breaks in the paragraphsThe fourth item I need to criticize is the alignment of elements to compel visual unity. Sixties Press has tried to inculcate this within the main part of their website. However, they have not done it so well. While the paragraphs and sections are aligned in vertical columns, the text is centered. While this whitethorn make sense in the case of a poem, this is a website and therefore does not apply at all. The navigation menu has ignored alignments totally.The content displayed by Sixties Press seems to go hand in hand with its relevance as a poetry website. The audience, who are mainly the poetry fans, can pay back informative and relevant information from this website. Therefore with over 8 years of operation, they have developed cartel in the websites knowledge and competence. The content seem to be short and organized, labeled and broken muckle into short paragraphs. Sixties Press seems to update its content regularly, something that is likely to endear it to its visitors.Flashy graphics and animation, which whitethorn distract someone from getting to the meat of the website has been hugely avoided. While a banner or a catchy video would keep visitors for much long er on the
Friday, April 19, 2019
Staffing Organizations in a Coffee Business Term Paper
Staffing Organizations in a Coffee Business - Term Paper ExampleThe connective between the employer and employees allow determine the relationship between the employees and a particular business entity. This coffee lead astray will be a sole proprietors business hence the owner is like to the business. This means the relationship between the workers and the employer will signify that between the business and the employees. Conflicts between employees and employers are ballpark occurrences, and there have been legal perspectives developed to address them. According to Salvacion (2008), the employees should sign contracts, and terms of service within the laws of the land, which clearly stipulate the duties, roles, obligations, and rights of both the employer and the employee. The relationship between the coffee shop and the employees will be gratuitous of discrimination, wrongful termination, poor working environment, and poor and unreliable payments. These are just but a hard ly a(prenominal) areas of legal concern, but the entire federal employment law shall be applicable in this inversely beneficial relationship. During the course of business operations in the coffee shop, issues of disparate sermon may arise. disparate treatments involve favoritism or discrimination of employees at the workplace. Favoritism may take place referable to religious, racial, sex, age and disability biases. According to Salvacion (2008), when such discriminations exist in business without correction overtime, then operate of a lawyer should be sought to ensure that the problem is solved in due friendship of the law. Due to the fact that I desire the growth of the coffee shop, I will not get out disparate treatment to reach this level. I will endeavor to avoid the same through ensuring that there are effective and efficient communication channels to allow the employees to express their grievances on disparate treatment. This will be achieved for example, by providing a free environment to allow the employees to air their views like organizing team structure events. Another way is by taking speedy action on complaints on disparate treatment geared towards embracing equal treatment for all employees regardless of the social and physical differences.
Thursday, April 18, 2019
Project Management - Organization and Communication (U5GP) Essay
Project Management - Organization and Communication (U5GP) - look for ExampleThis schooling is located in Lawton, Oklahoma has the wolverine as a mascot and possesses the following partition of students per gradeThe above information is significant since the type of equals supplied will differ by grade. Although the overall dah will remain the same throughout the grades, each grade will have its own eccentric identifying color in order to allow school officials to quickly differentiate among students.The first cultivation has already been accomplished, and that was to gather basic information regarding the amount of students to supply uniforms for and grade level of those students, as discussed herein. The second goal will be to speak with school representatives regarding the style and grade level color choices that they can appoint with regard to the school uniforms. The third goal will be to outline a budget for the school uniforms. Based on that budget, a cite of potential suppliers can be drawn up and catalogs of uniform choices presented to school officials. Finally, school officials will be able to choose a supplier from the gathered list based upon their unique deprivations and the criteria outlined above.According to Mochal (2006, pg. 1), Effective communication is a key fraction of successful project management. Cornelius and Associates (2008, pg. 1) add that, Communication not only keeps everyone up-to-date on the project progress, however also facilitates buy-in and ownership of major project decisions and milestones. To ensure the success of a project much information, including expectations, goals, needs, resources, berth reports, budgets and purchase requests, needs to be communicated on a regular basis to all the major stakeholders.For this peculiar(a) project, the description in the paragraph above means that each step of the prior discussed goals will need to be communicated with school officials, as
Wednesday, April 17, 2019
Health systems of Canada and Australia Essay Example | Topics and Well Written Essays - 1250 words
Health clays of Canada and Australia - Essay ExampleToday, every(prenominal) country is expected to devise its own strategies of addressing the three major goals associated with the wellnesscare system. These include sustaining a brawny population, treating ill people, and safeguarding families from financial ruin that results from medical bills. This paper will compare health care systems of Canada and Australia.The health care system in Canada is comprised of various forms of health insurance policies, which aim at ensuring that every citizen in the country gets doorway to adequate health care. The system is funded through public means, and administered through either territorial reserve or provincial basis. The federal government is the one that provides the guidelines through which care should be provided (Kliff, 2012).With regard to the health care system in Canada, individuals gain equitable access to medical treatments and preventive care. They butt access these services from hospitals, through primary care by physicians, dental surgery, or other medical services. With limit exceptions, all individuals in the country are eligible for health coverage irrespective of their income, medical history, or living standards (Kliff, 2012).The kind of health care system prevalent in Canada is subject to significant policy-making dispute as well as debates throughout the country. A number of critiques question whether the current system is efficient in terms of delivering treatments in a timely manner. These critiques stipulate that the country should implement a mystical system as in the case of the U.S. On the contrary, the government, policymakers, and individuals in the country worry that a private system would result to inequities in the health care system, as only the wealthy individuals can afford specific types of treatments (Kliff, 2012).The health care system in Australia is multidimensional comprising of both public and private health care provid ers, participants, settings, as well as supporting
Tuesday, April 16, 2019
Street Racing Essay Example for Free
Street Racing testNow lets talk ab egress a 15-17 year old kid who does not have the scoop judgment and do a traffic mistake, or a 17-25 year old who also hold up ats a mistake, just should those traffic mistakes soak up him or her a convicted felon. Street rush along goes on all oer the U. S. and is so underground right now that you would not know it is heretofore going on. We lamd on the parole whizz mile from the police station. The news reporters had been at that same police station the night in front interviewing the cops and the cops said they did not have a way race problem in their town, or one that they knew off. San Diego has even told the mayor it worked for them with Qualcomm Race Legal Program, still the mayor al instal knows that caused it worked here first with T. I. They empower all these new uprightnesss into effect and this months street racing incidents have gone up with deadly results. The laws were ineffective. The turn back dear Commission is all about the money, they got billions from China to land fill the bea and increase the Harbor to make more land but failed to include a spot for the extend, but on the opposite place of the harbor at that place is 2 vacant lots that has been sitting at that place for 9 years+ that could hold a track.Willie has told the mayor he could be up and running in a matter of weeks, it was up to the mayor to give him the OK. So the mayor has assigned someone from his office to work with Willie and to go oer the land site. As Willie said to the mayor, there is nothing to go over I am ready to get started. But it is still the mayors call so we wait and keep calling his office and communicate when is Terminal Island going to open?A soon as Terminal Island closed, San Fernando Rd in the SFV got busy, Compton and Main got busy, Alameda and Del Amo in Carson got busy, 4 lanes in City of Industry got busy (1 mile from the police station) Santa Ana Rd in Ontario got busy, Sand canyon Rd in Irvine got busy, Nabisco in Buena Park got busy, The Box Factory in Whittier got busy, Aviation Rd underweight LAX got busy, Edwards in Anaheim got busy, Dale Rd and Commonwealth behind Fullerton Airport got busy, 210 frwy in San Dimas got busy ( forwards they finished it), Bolsa Chica and Westmister Bl in Seal Beach got busy.Bolsa Chica and Bolsa near Skylab Rd in Huntington Beach got busy (Yeah NASA and again a police station a couple miles away). And there is a lot I am sure I missed, and not to worry about rat-ing out these sites, major busts happen at most of these places, and others dont exist any more, but afterward T. I. shut mint(a) street racing exploded again, and is still going on. That is Terminal Islands track we atomic number 18 talking about, it was a street racers track, if you look at the cars in the staging lanes, the street cars out number the full race cars in the even hours.During the day the race cars would use the track, during the night the street race rs used the track. When T. I. (Terminal Island) was open, street racing in Los Angeles, San Fernando, Ontario, Riverside and Orange County areas were down to null. Its city politics that keep them from opening it back up, they would instead spend millions on a street racer line force then the track. Why? Well, the task force is paid by the federal government, so the extra cops dont show on the city cipher and they use these cops for other things including drug busts.In sot driving (as umpteen spate will know) the drunk usually goes home in cuffs with a few scratches date the other cars passengers families are notified by an police officer in the middle of the night. Sources www. madd. org and www. NHRA. com The street racers I know do not condone street racing, but they do street race. It is more orginized but still just as dangerous and illegal. The street racers that make the news are the ones getting killed/or killing someone racing from banish light to stop light.I thin k it is a normal reaction when you are young to answer the challenge even if you are not a street racer. We had a solution it was Terminal Island. Now San Deigo had took the same step and started Quailcom. They gave an alternitive to street racing, a place to answer the challenge. Here is how the did it. With funding from the atomic number 20 Office of Traffic Safety, twain RaceLegal. com and San Diego Police Departments Drag Net Unit were formed with the express tendency of addressing San Diegos epidemic of illegal street racing activity.A grass root community based spinal fusion entitled the Closing the lace approach to intervention was also developed. The coalition involved city/county government, law enforcement, Bureau of Automotive Repair, capital Court, City Attorney, District Attorney, county probation and the safer and sanctioned track alternative to street RaceLegal. com. The award-winning course of instruction to redirect would-be(prenominal) street racers into organized drag racing. RaceLegal has a grant of $350,000 from the California Office of Traffic Safety. With funding from the California Office of Traffic Safety, both RaceLegal. om and San Diego Police Departments Drag Net Unit were formed with the express intention of addressing San Diegos epidemic of illegal street racing activity. A grass root community based coalition entitled the Closing the Loop approach to intervention was also developed. The coalition involved city/county government, law enforcement, Bureau of Automotive Repair, Superior Court, City Attorney, District Attorney, county probation and the safer and sanctioned track alternative to street. The highly happy RaceLegal program hosts Friday night runs at Qualcomm Stadium.Through the middle of 2003, RaceLegal was run out of a San Diego secern University program founded by Dr. Stephen Bender. When Bender decided to retire, he also decided to shift the program from the control of San Diego State to the city of San Di egos Traffic Division. Our direct in this paper is to inform people of what is going on in So Cal. Things start here, positive or negitive, and end up spreading like a cancer to other states. Dragracing claims to have started on the West Coast. So Cal had more Dragstrips than anywhere else, and then for a while there were none, all were closing.A new interest in dragracing has developed today and more tracks are starting to open up again. One track in particular is Terminal Islands Brotherhood data track, whose purpose was to get street racers off the street, and did it effectively for many years. City ** politics closed it down 11 times, and it is on its 12th time of reopening again, after 13 years of being closed. There are many naysayers out there, but if this track serves as an example as how not to give up, and a track in another part of the country opens up, well, that would make it worth while to post it.Sorry there is a lot of rhetoric, but many are posts from other forum s and re-posted threads that may not make as much sense if edited. Many members of the Brotherhood of Street racers from as far back as the 70s have moved all over the country. They were a part of history and like to have the heads up on current activity with the Brotherhood. This is just some history of what has been going on and how many people have helped from the Los Angeles Sheriffs Department, Los Angeles Police Department, Los Angeles city coincil members, to the Mayor of Los Angeles to name a few.We are even getting a little help from Teamsters and residents of the various streets that are being used as race tracks. I gaze I was a writer and could make it more clear, but Im not, and it its actually raw but very real. All constuctive criticisim is welcomed. I have reuinited with many street racers through many forums, cause car guys are car guys, even if they are into different cars, different types of racing, or just into cruising. At Brotherhood Raceway all were welcome a nd all got along. It was a place were the head of the notorious Crips gang got along with a head engineer from Genral Motors. Jim Wagner, head advertising from Pontiac fequented the track to name a few. ) Stop the violence, increase the peace. -Big Willie Robinson. In the Los Angeles area we have experienced many street racing deaths since a certain track that was placed in the Habor of Los Angeles was closed. For ten years now, Big Willie has been fighting to get this historic track reopened. It has closed down 11 times in 30 years and now, today it looks like it will reopen before summer or even before next month.The reason this track is different is that it opens on Friday evening and does not close till Monday morning. Many street racers have trouble getting to the track after work and then being frustrated with only getting only one or cardinal runs before the track closes. 2nd many street race cars do not pass NHRA tech. So they go and race on the street. This track is a str eet racer track. Nobody is turn away, but NHRA rules are suggested and in the long run most racers start to value their lives and start adding the safety equipment.On the street no matter how mush saftey equipment you have, it is no match for a telephone pole. Trying to get this track open is a lot of work from a lot of people, I, myself, have been to many meetings on the streets with different groups, and am attending Nieghborhood Watch meetings plus working a job, so sometimes I dont have the time to post an original post, so I post what has been posted on other boards to try to inform people on what is currentlly going on with the openinng of Terminal Islands Brotherhoood Raceway.
Monday, April 15, 2019
Super Size Me critique Essay Example for Free
Super Size Me critique EssayEverythings bigger in the States the biggest people, America has become the fattest nation in the world nearly 100 million Ameri arouses ar overweight or obese. Melvin Spurlock announces in his opening scene of the documentary Super Size Me. (youtube.com) Morgan Spurlocks documentary focuses on the supposition that Americans are addicted to speedy diet, and this is proven by the excess amount of fast food restaurants stage in the US, especially by McDonalds in New York City. His goal was to eat on fast food terzetto times a day at McDonalds for thirty days. And during these thirty days his lone(prenominal) influence is that he only if drinks and take food from McDonalds restaurant. He had to eat everything on the menu at least once.During that time, McDonalds promoted Supersizing your meal for a couple cents. Spurlock would only Supersize his meal if the cashier asked him. Spurlock was curious approximately what where the effects to the b ody if one ate McDonalds for thirty days and the recommended triad meals a day. His rule was to gauge everything at least once, ranging from Big Macs to yogurt parfaits, salads, and fish filets.Spurlock uses extreme measures in effect to make his argument. Eating at a restaurant should non be membrane-forming however, it has become an epidemic in our culture to eat food that is processed, injected with hormones, and cheap which is the main ingredient used at fast food restaurants. Before he took the challenge he was in very good shape, according to three doctors he visited, including a registered dietician. According to the Body Mass Index (BMI), the standard system used by doctors in the US to determine a persons health, Spurlock ranked as normal and non obese and unhealthy.Normal of course depends on your body and height it is not always what BMI specifies, but nevertheless, it is the commonalty standard. Before the challenge, Spurlock ate the recommended 2500 calories and more than the average (80 grams a day). According to his doctor, his saturated fat is supposed to be less than 25 grams a day. In asset to seeing his doctors he also saw a specialist, an exercise physiologist to be exact and assessed his cardiovascular health only to give him the good news that his life was in good shape. At only 11% body fat, he is in above average fitness for his age group, but nothing to be alarmed about. More than 60% of Americans do not exercise regularly, only walking 2000 locomote a day or an equivalent to a sea mile a day.However, this is not the average for certain cities, in New York the average New Yorker walks approximately intravenous feeding to five miles a day. As a New Yorker, Morgan walks that average and during his walks he passes three McDonalds restaurants on his way to work on a regular basis. He resides in Manhattan, New York, in which 83 McDonalds restaurants also reside. According to Morgan, there are more McDonalds in that island than a nywhere else in the world. Manhattan is an island which is 13 miles long, two miles wide, and 22.4 square miles, there are nearly four McDonalds restaurants per square mile. (vivavegie.org) That issuing is extremely high and ranks as the most saturated with fast food in the world. During the documentary, his girlfriend, who is a vegan chef and eats organic and fresh vegetables daily, calls his food genetically modified. She compares McDonalds food to hockey pucks.His first day began with an formal McMuffin value meal which includes an egg muffin with ham, hash brown, and a choice of coffee or milk. Morgan discovers that McDonalds restaurant also delivers for free, only solidifying his argument about fast food, the power of advertising, and convenience in the United States. He walked 1272 steps to the first restaurant from his apartment. In assure to walk his average 2000 steps a day challenge he is forced to take a cab in order to stay under the national average. As a side note, this is not the average for other countries twain the amount one walks and the type of food that is served in McDonalds.Morgan talked to tourists from other countries, such as a muliebrity from France to use as his comparison in the documentary on how people view fast food and demonstrate how McDonalds operates in these countries. While he interviewed the woman from France, she said our small size diffuse drink is an equivalent to a large soft drink in France, and she added, that she cannot finish the small size soda. McDonalds in the U.S. accounts for 43% of the entire fast food market. Theyre everywhere, hitherto in hospitals. Morgan interviewed a lawyer, Samuel Hersh, who represented two women who were suing McDonalds, and says in terms of creation the big guns McDonalds is the worst corporation to sue. How can one go after the happy meals, the Playplace areas for parties and pip-squeakren, and the family atmosphere. Their main advertising targets children.They make them av id consumers of fast food. At the end of the thirty days, Spurlock gained 18 pounds, and during that time he suffered from depression. During his three visits to his doctor, he complained about constant headaches, and even mood swings, something he never experienced before in a frequent manner. In addition to these pains, he experienced acute chest palpitations. After the thirty days, Spurlock visited his doctor for the final diagnosis only to find out that he tested for liver failure. The doctor recommended him to stop his project or else he would die.He made the comparison to an alcoholic binge drinking for thirty days. fodder should not be equivalent to a person suffering from alcoholism. Food should be considered to be wholesome and healthy, right away it is fill up with chemicals that hurt our bodies. Other companies that are known for these tactics are tobacco companies they use brand implanting from a newborn age to make believe that they are healthy.One of the most well- known brand-implanting tactics was to get by gum cigarettes to children from the ice cream man. The theory behind this brand-implanting, is not to realize you are bombarded with advertising that says and implants statements resembling it is cool to smoke, it is sexy to smoke, and you are a man if you smoke. The theory specifies that when you are a child you will not realize the tobacco companies are targeting you in a capitalist society. The child only sees the gum cigarette that when you inhale it simulates real cigarettes, it is cool and bountiful like. Of course the parents are loaded down(p) with having to pay the price both from a young and mature age.The parents only think it is a playact, but in reality they are being programmed to smoke when they are the legal age. The feelings the young adult will feel when smoking real cigarettes is that experience the warm feeling of getting the toy and being with mom and dad. McDonalds aggressively advertises this way, and gets kids to buy their food as adults by brand implanting them with a bozo (Ronald McDonald), giving them toys in Happy Meals, etc. The most disap foretelling statistic is that one out of three children natural in 2000 will develop diabetes in their lifetime, and about one out of twenty people today have diabetes, according to Spurlock. (cdc.gov) This documentary demonstrated, in an extreme manner that eating fast food is unhealthy but it also looked at the effects of aggressive advertising. Supersize came out in 2004, and it still resonates in 2013.To the point that the First Lady of the United States of America, Michelle Obama, has taken an approach to decrease diabetes, high blood pressure, and obesity among young children in her Get Up and Move campaign. Unhealthy eating is a serious problem and Americans are leading in the polls. We have to recognize that fast food does not equate to healthy eating. We are so caught up in our way of life that we do not make time to eat healthy and exe rcise, and McDonalds figured this out with their million dollar advertising accounts. Spurlocks points were extreme, yet affecting about where we stand in our fight with food, and overall advertising. Works CitedDiabetes. Centers for Disease hold and Prevention. Centers for Disease Control and Prevention, 01 Aug. 2011. Web. 08 Oct. 2013. . Spurlock, Morgan. Super Size Me. YouTube. YouTube, 29 July 2013. Web. 08 Oct. 2013. . Fast Food Facts from the Super Size Me Web Site. Fast Food Facts from the Super Size Me Web Site. N.p., n.d. Web. 08 Oct. 2013. .
Technology and Business Essay Example for Free
engineering science and Business EssayIntroduction If there is something that differentiates businesses all over the world before and after the countenance arena War, it is applied science. Today, it is virtually impossible to create or find an industry untouched by unconstipated the simplest form of technology. Companies as big as softw be makers and even those as small as fund-raising charities utilise computers and other innovations to make work more organized, easier, and efficient. Thus, it can be said that rewinding to the time when technology is not yet popular in giving medications is next to impossible. With the benefits that technology brings, it is not unusual to think that it also affects the demeanor in which organizations be take in. The direct access of many corporate individuals to computing machines and other technology shapes their perception and effect of work. Collectively, these perceptions and work executions make up the business culture that can af fect and even change the organization tremendously. While it can be agreed that technology indeed changes the character of organizations, still there be two sides of contention. One is how the so-called organizational character has changed, if it had, and how it is still changing now.Secondly, it is important to note if the changes are towards a more positive organization, or otherwise. In discussing so it will be beneficial to raze come out the different issues surrounding the change that technology has brought about to companies and their cultures. Ultimately, there is an aim to find out how decision makers are affected by these character changes in organizations as brought about by technology. How technology is changing businesses To begin with, it can be argumentative to say that technology is changing the way organizations behave.Kraar L (1997) states that business cultures are changing in the same way that technological frameworks in companies are changing. Morrison J (1995 ) further claims that technology is unavoid qualified. However, merely expressing these claims do not show that the change is really happening, and how it is happening. A brusque history According to Craiger JP (2006), technology and business met halfway through two paradigm shifts. In the beginning, computers were rigorously of military use, mostly to study firing trajectories and strategize entry points to field battles. It was in the 1950s that computers were introduced for business use.At this time computers were big, called mainframe computers, and complex that they needed special skill and know-how to be operated. Computers and skilled operators were isolated in a computer room were all of the computer processes were done. At the same period, the era post World War II, there was a drastic improvement in the lives of people and there were more purity collar jobs than ever. It followed that more white collar workers were hired, and these opened to more people being exposed int o the technologically changing workplace. Still, however, computers were reserved for those who know how to use them.Because of this, employees who are not directly in touch with the recent technology that their companies were adapting did not experience the importance or the effects that technology brought to their companies. Even managers did not feel the essence of technology in their day-to-day work life. It was only in the 1980s when more members of organizations have been given access to the new technology, thanks to the development of stand-alone computers by IBM. Through these smaller computers, managers and employees were able to appreciate the new technology that businesses have been clamoring about. (Craiger JP 2006).
Saturday, April 13, 2019
Mandatory HIV Testing Essay Example for Free
Mandatory human immunodeficiency computer virus experimenting EssayImagine Las Vegas disappearing overnight and leaving nonhing behind scarcely empty stages and raw casinos, becoming nothing short of a ghost town. If exclusively the commonwealth that have died from human immunodeficiency virus/ back up in the United States since the lineage of the epidemic were taken out of wiz geographical region, Las Vegas could easily be erased.The three most common ways to contract HIV are unprotected sex with an septic partner, injecting drugs using an unsterilized needle that has been used by nearone who is infected or during pregnancy, labor or delivery or breastfeeding where the give transmitted the virus to her child. If an infected woman, not stressing intervention, becomes pregnant, the chance of her transmittal the infection to her child ranges from 15-45%. An infant, who has not as yet had the chance to speak, walk, or enjoy life, has such a senior high school risk of contracting a deadly infection because the mother did not consult with her doctor and seek the appropriate treatment during her pregnancy.Did she not seek treatment because she did not know that she was infected, did she know but was in like manner ashamed to relay the information, was she afr avail she could not afford treatment? If routine HIV tests were conducted along with all the other blood tests throughout a pregnancy, infections would be indentified, treated with precaution and it would allow doctors to dramatically sign on the risk of mother-to-child HIV transmission. With effective interference, the chances would be reduced to below 5%. With this knowledge, HIV screening must(prenominal)iness be made authorization for those seeking any form of prenatal care.The Center for Disease reign and Prevention (CDC) estimates that 1,148,200 commonwealth (13 geezerhood and older) in the United States are living with HIV 18% of those hatful are unaware they are infected. T he infection rate has stabilized over the last few grades to roughly 50,000 impudent infections each yearthat means that someone in the US is infected with HIV every 9 minutes. HIV and AIDS are not the same. HIV take overs for Human Immunodeficiency Virus.This strand cannot stand as a virus alone and reproduce it needs to infect the cells of a living organism. Normally, the immune system fights off unwanted viruses but this particular virus attacks the immune system directly, preventing it from destroying the unwanted virus and repairing disgraced cells. AIDS is a condition that is caused by the irreparable immune system. When the immune system is damaged this badly, it is incapable offighting off any infection. If left untreated, it takes, on average, ten years for someone to coach AIDS from the date of infection.This average takes in to account a healthy diet and lifestylenot someone who may be suffering from malnourishment or other unrelated illnesses. Women are more(preno minal) susceptible to being infected with HIV through heterosexual sex and infected needles than men.The number of HIV positive women in the US, of child-bearing years, is hushed growing at a rapid rate. They account for roughly 23-25% (11,000-12,500) of new infections each year. In a recent study conducted by the CDC, only one in basketball team women between the ages of 18 and 64 report that they have been tested for HIV in the last twelve months. Among those women who are HIV positive, 31% of them were diagnosed in the later stages of HIV, resulting in an AIDS diagnosis within one year.Women who are HIV positive have the possibility of transmitting the virus to their child during labor or post labor, during breast feeding. There are approximately 2000 babies being born with HIV each year and more become infected as a result of breastfeeding. This is by far the smallest group of people infected per year, but this number could be reduced to almost zero, if proper interventions we re needed.When women think or draw that they are pregnant, they seek out a gynecologist or other medical professional to aid them throughout their pregnancy. They are put through numerous blood tests to fancy they have the appropriate vitamin and glucose levels.They even undergo a STD test that tests for a variety of sexual transmitted distempers, excluding HIV. Some professionals offer the test and try to convince their patient that it is important, but some still refuse. Implementing mandatory HIV tests for pregnant women ensure that more people get tested, educate on the effects of HIV, are able to get treatment, and dramatically reduce the chance of their child contracting the virus.The test should be performed with the routine STD test at the beginning of the pregnancy and then once again before labor, because it can take up to six months for the virus to show up during a screening. The woman would know whether she has contracted HIV and have the ability to demonstrate the options with the doctor. Treatment should accompany the pregnancy, if needed, at no cost.The treatment for the baby after delivery would also father no cost. A major, non-political, concern aboutmandatory testing is the cost associated with treatment. It does not seem logical, but HIV treatments are extremely expensive. It costs thousands of dollars each year for medications and regular doctors visits. For people who have full coverage insurance, the cost for the medication is almost completely covered but they still have to pay the co-pays to visit the doctor. There are also federally funded weapons platforms to assist with HIV costs, and though they might regulate which medications patients can take, most doctors would prefer that a patient be taking some sort of medication rather than none at all. And finally, there are other programs such as Medicare and Medicaid that assist those who are HIV positive.Although some states will not grant acceptance in the Medicaid program unle ss the diagnosis is AIDS, many states will cover the costs with a positive HIV status. All of these options must be presented after the baby is born and doctors should work with their patients to find the best option. Another concern, brought up on the political floor, is that mandatory testing violates the Constitution. If a mother knows the status of her or her child, involuntarily, that violates her right of privacy and subjects her to discrimination she could lose her job, insurance, face discrimination in society or physical abuse at plateful (McMillion).Making sure that no infant is involuntarily infected with HIV should be the first priority, of not only health care providers but by mothers themselves. The American Medical Association (AMA) was originally against mandatory testing because there was little a doctor could do to help treat the pregnant mother and unborn child. With new discovery of AZT, the treatment used to reduce the rate of transmission, the AMA has reverse d their opinion (Schuyler).The mandatory testing will not allow women to forever remain ignorant about their status. It forces women to face the disease much earlier in their lives and presents them with a choice, a choice that replaces the one that was taken awaylet the HIV take its course but help reduce her babys chance, seek treatment for her and the baby or do neither of them and take the risk of exposing her child.
Friday, April 12, 2019
Kite Runner Essay Essay Example for Free
Kite Runner Essay EssayKhaled Hosseinis kite runner has many themes that ar significant. This book also has themes that are hidden to the reader, to find these themes the reader needs to think about the events that occur in the book. In this book redemption, discrimination, and forcefulness play a big role in the events in this book. Redemption is ace of the most important themes in the kite runner. Throughout the story, Amir is trying to redeem himself because of many events that he was a part of. In the beggary of the story Rahim Khan calls Amir and tells him There is a way to be good again. (Page 2) Putting this in the first chapter of the story tells the reader many things about Amir, it could tell us that Amir has do many things that he regrets, or he has done things that caused pain to someone else. Amirs m oppositewise dies when she is handsome birth to him, throughout the story Amir tries many different things to redeem himself to his father. When Amir wins the k ite challenger he thinks that he would finally redeem himself for his mothers death. Amir thinks that he redeems himself because A smile played raven on my fathers lips.He opened his arms (Page 79) When someone does this someone will mechanically think that you redeemed yourself to that person. A nonher event that Amir does that he redeems himself for later is when he blackmails Hassan. Amirs father gives him a watch and Amir decides to put it under Hassans pillow. Later when Amirs father finds out that he took his watch he forgives him, but Ali (Hassans father) says that they make the decision to leave. To the tightfitting end of the book, when Amir goes back to Afghanistan, he receives a permitter from Hassan.The letter tells him that he (Hassan) died, and that he has a son that it taken by the Taliban. Amir tells Farid (The person who takes Amir around in Afghanistan) about Sohrab, and he tells him You welcome a visa to go to America, to life with me and my wife. Its true. I promise (Page 355) When Amir assemble out that he lost his best friend he went through a lot of bring out to get Sohrab. Amir could have avoided this if he did not frame Hassan. If Amir did not frame Hassan, Hassan and Ali could have fled the country with Amir and his father.This event has a big impact on the events in the story. Without these employments of redemption, it is sonorous to discover the book ending in the way that it did. Along with many other themes, discrimination is one of the little discussed themes in this book. In my intuitive feeling I think that discrimination should be a theme that should be as important as any other theme. Discrimination plays a big role in the kite runner because of the structure of the social classes. In the begging of the story we know that Hassan is Amirs Hazara but later we know that he is Amirs brother.When Amir won the kite contest Hassan went to get the winning the kite. Hours had passed and Hassan did not show up. Amir goe s looking for him and he asks Omar (only involved in one paragraph) if he saw Hassan, Omar answers him by saying Your Hazara? (Page 68) without saying more than two sentences, we can see that multitude in the class with Hassan are treated with no respect and they are called Hazaras. Another event that happens when Hassan finally finds the kite that allowed Amir to win the competition he is surrounded by Assef and his gang.Assef is one of the biggest discriminators towards Hazaras as he is intimidating Hassan, he says, A loyal Hazara, Loyal as a dog (Page 72) When Hassan said this he could of compared Hassan to something else, but he picked a dog to show the most disrespect towards Hassan. In my own opinion I think that discrimination towards Hazaras in Kabul is horrible because they are treated as if they are a different race of people. Hazaras have the exact physical features as any average sympathetic being but they are treated like they are slaves.This is how discrimination, w hich is one of the themes that is not talked about a lot, is significant in this book. Violence is also one of the themes that are not discussed as much, violence should be because it is important and it is hidden. There are many examples that show violence in the book. One of the examples that show violence is when Hassan gets raped when Assef and his gang surround him. The author does not tell the reader that Hassan got raped but preferably he makes Wali, one of the members of Assefs gang, tell Assef My father says its sinful (Page 75) This is a indirect sum to inform the reader that Hassan gets raped.This is one great example that violence plays a big role in the process of this book. Assef could of threated Hassan instead of raping him. In my opinion I think that he could not have done something that wasnt related to violence. Assef wanted to have his revenge on Hassan but it was hard to do something that has aught to do with violence. Later on in the book, when Amir and Hass an do not talk to each other after Hassan got raped for him over a kite. Hassan asked if he could go under the pomegranate tree and let Amir read a story for him.When Amir and Hassan were under the pomegranate tree, Hassan asked Amir what he was doing malign so he could stop, Amir told him that Hassan should stand up for himself. Hassan did not answer and Amir started to throw pomegranates on Hassan, Amir then told him Hit me back Hit me back goddamn you (Page 92) this is another great example that shows the violence that is included in the book. Hassan is the most loyal person in the book and Amir does not appreciate it instead Amir wants Hassan to hit him with a pomegranate.When Hassan stands up, he then smears a pomegranate on his face and walks away. This is how violence plays a theme in the book. It is not as visible as the other themes in the book but it is as significant as the other themes. Redemption, discrimination, and violence are themes in Khaled Hosseinis kite runner that play a big role in the book. Without these three themes it is hard to picture if the book would end up the way that it actually ended up being. Quotes and Information taken from Kite Runner by Khaled Hosseini.
Wednesday, April 10, 2019
Teletech Case Essay Example for Free
Teletech Case EssayBackground The Teletech Corporation ope enjoind in deuce business elements Telecommunications Services (TS), and Products and Systems (PS). though Teletech was a dominant service provider in the area, the attach to has been experiencing a downtrend of earning growth and stock prices imputable to keener competition and worse performance in certain segment. Problems statement Teletech has been utilise economic profit as a measure of rank creation at the segment and business- unit of measurement level and net present value as a measure of value creation at the project level and both these determine were calculated using the hurdle rate. The main problem faced by Teletech was that the company leaders had to square off what hurdle rate(s) should be handlingd for evaluating performance and budgeting of each segment and what would be the future of the PS unit, having in mind the accusatory letter of the new 10% s fatherholder, Victor Yossarian. By October 200 5 only one embodied hurdle rate of 9. 30% was used for performance assessment, and the rate was based on the Teletechs WACC as a representation of the opportunity cost of money.There was an ongoing debate if one common corporate hurdle rate should continue be used for valuation, or different hurdle rank which take into account the associated with the investments essay should be implemented. There was a doubt that the comebacks of the PS segment were relatively eminent because they were compared to the not risk-adjusted corporate hurdle rate, and that in fact the PS segment was reducing the shareholders value. Victor Yossarians opinion was that Teletech had to get rid of the PS segment as it was not providing adequate return.Hurdle rates recommendation We recommend that Teletech should use two different hurdle rates for both segments. First, using WACC as a corporate hurdle rate is not appropriate since different segments have different investment risks. The Products and System s segment (with the beta of 1. 36) clearly had higher(prenominal) risk than Telecommunication serve (with the beta of 1. 04). Thus, instead of using one hurdle rate calculated based on the corporate beta of 1. 15, using two rates will allow the returns of the segments to be compared to much suitable risk-adjusted rates. See salute 1) Second, our calculation shows that using two hurdle rates would result in higher economic profits of each segment as well as in total (See Exhibit 3). Higher profit would make company more attractive to investors. Third, using different hurdle rates also would help the assessment of capital-investment proposals more accurate. Since different segment has different risk, when evaluating a project, the firm should classify the project into each segment and use an appropriate hurdle rate of the corresponding segment to calculate NPV of the project.That would make the NPV of the project more precise. For example, the Telecommunications services had lower risk, lower beta, thus it had lower cost of capital. So, if everything else equals, the NPV of a project in the TS segment should be higher than that of the PS segment. This should be reflected in a lower hurdle rate for TS and a higher hurdle rate for PS. PS recommendation We recommend forming PS as separate entity (financially) , considering possible unit reorganization or sale.Our reasoning is The PS segment does not provide satisfactory return, although it is shown as productive when compared to the corporate hurdle rate of 9. 30% (or even with a PS segment hurdle rate see detailed calculation in Exhibit 1 and returns-hurdle rates comparison in Exhibit 2), or in terms of Economic profit (see Exhibit 3). However, the reported high returns are in general because PS is able to receive low-interest debt based on the higher aggregate corporate rating.However, if the PS segment is organized as a separate entity (with assumed BB rating), then it will need at least(prenominal) 86% equity financing to be break even, assuming that PS 11% ROC will tolerate constant (see Exhibit 4 for the calculation). The TS segment will be able to provide higher return because of the expected A rating and the associated lower loan rates and higher leverage. The TS will have a higher price per share, closer to the industry, as a result of the reduced investment risk (surpassing the risk of higher leverage).Assuming that the company activities are transparent, the price per share could go even higher, as in that respect will not be doubt that a profitable segment of the company will care the unsatisfactory performance of another segment. Other recommendations We recommend that the company should disclose more information. The view that all money is green and investors do not know as much about the firms operations as the company, should be rejected. More transparency would narrow the gap between un certain (or small) and informed (or large) investors, thereby lowering the co st of capital.
Tuesday, April 9, 2019
Iraq and the Middle East Essay Example for Free
Iraq and the Middle East screenworship of a god or gods or any such system or intuitive feeling and worship. Religion may also refer to an activity, which some hotshot is extremely ecstatic about and regularly. loving is an occasion when one member of a group or organization meet informality to get it on him or herself. Economic is a system of trade and industry by which the wealth of a field is made and used. Dynamics are forces or processes that produce change inside a group or system. Cellular government non having any connection with religion. Islamic government will be one holding strong Islamic values.In the modern Iraq, a secular government will be most appropriate because the nation at the moment has immigrants form all parts of the world. Non Iraq vitas aimed at up(p) Iraqis economic performance and all people in the country are relevant therefore having an Islamic government will isolate some of the population and this may hinder their productivity toward nati on build and it will be to the disadvantage to the public relations of Iraq. Iraq needs to lease with otherwise nations, which may non have so much of Muslims. Different culturalities have different refining and values and should be respected.A secular government will ensure that all the populations interests are met and laws passed will not be based. Non-Islamism may feel rejected, isolated and affected in an Islamism government and may not be sue nationalists. For a citizen to be proud of his country / nation, his interests should be considered by the government in great power and an Islamism government will not favour this. At nation differentiate is one that is sovereign, self-principled, governmental or even geographical entries. A secular government will therefore sanction culture and equilibrize of ethnicity in the modern Iraq, which has no Islamists.Ethnic and religious groups are seeking to promote nationalism, which is the self-pride of soulfulnesss county. In the modern Iraq there are christens at the moment. Improving Iraq public relations with the external community calls for respect of all ethnic and religious groups. Some times back, non-Muslims could be executed, jailed for vivification or even deported. This created a bail relationship with the United States of America and it prompted the United acress to work with ethnic and relations groups in Iraq to promote nationalism.People with different ethnic beliefs and values are being respected. Nation states come in with nationalism but it may be to the disrespect of humanity, the emancipation to speak and the freedom to worship Nation state is particular form of a county, which aims at providing a power of a country to control its own government and gain its legitimacy form that purpose. Citizens of a nation state have a common language values or even culture and it is not the suit for many states in history Nation states have determination and can govern it or manoeuver its own activities.Nationalism is therefore enhanced in nation-states. Nationalism is the desire for and attempt to achieve political independence for your county or nation. It also impulse an effect comes for your own country. Iraq needs relationship partnership with other anions for its economic success in both growing and development. Therefore ethnic and religious groups are not interested in a nationalist in order to promote respect for all citizens beliefs, culture and language.In conclusion, having a common language, values or event culture is old fashioned. It may promote and enhance the muscling religion and self-determination of the nation. On the other side this may cause misunderstandings with world European like the United States of American.References Cia Iraq / the Middle East instate. 2005 see www. mideasti. org/country/iraq Retrieved on 10/26/2007 ZehariO. MiddleEastandJewishStudies. Columbia. 1997 fall upon http//mitworld. mit. edu/video/272/Retrieved on 10/26/2007
Sunday, April 7, 2019
Extracurricular Activities in School Essay Example for Free
Extracurricular Activities in School turn outAn ideal school gives to students the scope and the spirit of healthy competition to leap out at wholly levels. sept work and the home work presumptuousness by teachers have their academic importance in this also one who excels wins the praise and appreciation from the teachers. But academic distinctions alone do not fulfill all the purpose for which the school exists. A school is the workshop of life-building in which the raw material is the nascent new pupils. The Principal, the teachers ar molders of this raw material into the ideal mold. For this process, many more activities, other than vroom ones are compulsory to fulfill the purpose. A young pupil might have the potential and the natural Lent to excel in games and sports and he take to go to play field and the sports ground for the purpose. There chiffonier be students whose natural bent of mind is towards creative art and the art room is his field where he needs to be given the chance to deliver his potential.Even little children of the nursery or the primary classes can draw such lines and make such figures which may amaze an on-looker and may be led to shriek What an idea, how could he imagine this? One cannot and does not know how much talent in what direction lies in a childs brain. This can exactly come out when he or she is given that opportunity. The school has to provide such chances and explore out the pearls from the sea-depths of the young mind. Art competitions of different level of students are activities that need to be arranged and the excellence in that to be rewarded and encouraged. There are boys and girls who have a knack of oration. They have in them an amount of self-confidence that they can face spectators and audience.Elocution contests and debates offer them the chance to exhibit this latent talent of theirs. Such inter-class or inter-school competitions should regularly be held which would further them to become unspoilt debaters who knows, they may one day become parliamentarians and what they have gained during their school days may place them in good stead in that field. Cultural shows dramatics performances, mono- actings are events which schools generally hold and it so necessary for schools to hold them. That is also at of total education. Taking part in such events gives children a sense of self-confidence and embellishes their accomplishments which they possess or can even develop.Anything, any activity which helps in the organic evolution of the total personality of young boy or girl is a part ofeducation and competitions, the swither to excel from others, is an incentive which must be provided to a young mind. Such an opportunity is offered to them only through and through such cultural and extra-curricular activities Opening up of personality developing the latent talents- promotion of the intellectual thrust and an opportunity of healthy competition all these are factors wh ich an educational institution should always encourage only when it does this, it fulfills its role in the total education of the young.
Video games Essay Example for Free
Video games EssayWhat Video Games incur to teach us nearly Learning and Literacy Im sure that we all are, or were at one sequence, around video games whether we were puzzle outing the game or someone we know was athleticsing. Most adults hypothesize children spend too much time playing video games. I know my mammary gland is everlastingly yelling at my 10 15-year-old brothers to get off. My mom thinks that video games for so long will at long last ruin their eyesight. My brothers are video game addicts. My brothers al itinerarys complain when my mom tells them to get off.Maybe my mom is wrong about video games. Maybe they could actually help my brothers. James turn has a different thought than my mom and most parents. James gravitational constant is also a father of his 11-year-old son, which made Gee immigrate to the ball of video games. James would sit there with his son and play with him, until one daytime he decided that he would play on his own. After playing by him, James recognize that there is a lot more to video games and they can actually in a way be positive. James sees video games as a way for children to use their brains.You have to learn how to play the game before you play it or else you will not be able to move preliminary in the game. Most games have a goal that you have to learn how to get there. By the children encyclopedism how to play, it is positive and in scary way actually benefits the children even though parents would never think it. Gee and Prenskys views are similar. In Prenskys essay he says that he thinks it would be the right time for us to advance our educational system because as we can see, technology is now a grownup part of our generation and it is only going to grow.Prensky referred to the students of the world today as digital natives because we grew up with digital technology. Growing up into the world of technology made us adjust and get used to victimization it so quickly. The teachers dont know a s much as the digital natives (students) do about new technology. In my opinion, I think technology is a great thing in the world today. As a student in college, technology plays a huge part.I use my estimator for 99% of my schoolwork. I use it in class, to take notes, for homework, for research, to print, etc. Im sure I am not the only one that doesnt like to read, so instead of us students utilize the library to use books for research, we can do it on our computers. I personally do not play video games and cannot see myself sitting there like my brothers for countless hours learning how to play. I definitely do agree with Gee, and can see video games benefiting people of all ages.
Saturday, April 6, 2019
Globalization in the 1970s Essay Example for Free
Globalization in the s til nowties EssayGlobalization is not a radic every(prenominal)y concept as thither have been numerous cycles of world-wideization stretching as far gage as the ancient civilizations. The wave of globalization prior to the vegetable vegetable anele embargo was aft(prenominal) the Second field war. Although this period was marked with fast economical exploitation, it came to an end in 1973 after the Arab embrocate embargo that conclusioned in a hold up in oil prices. Financial globalization particularly passel be termed as the integration of areas local monetary dodge with inter estateal financial institutions and markets. The main agents of financial globalization are the goernments and accordingly they need to liberalize any restrictions on their field financial celestial sphere and bang-up account of the balance of retri thations if any form of integration is to take place (Schmulker, 20045). Dammasch (2010 4) asserts that the economic environs in times of globalization changes rapidly with capital movements becoming larger and less accountantlable. consequently there is usually a need to create a stabilizing organization.The situation after the Second homo war which was marked by falling credit institutions, mass unemployment, hyperinflation and cashboxruptcy of enterprises brought roughly such a necessity. The Bretton Wood body thereby came into creation. Bretton timbers agreement of 1944 was part of the decision by the alter countries to restructure themselves after the Second realness War and the difficulties encountered especially after the First World War for the purpose of financial globalization. in that respect was a great need for these nations to come up with workable rules and regulations which would ope set them in the formulation of national policies that would facilitate the pursuit of common economic objectives (Kenen, 199411). The necessity and urgency of this good structure was collectively agreed upon and accepted as it was viewed as a way of avoiding the negative ca custom that had marred the inter-war period (King, 200330). The Bretton woods years that spanned from 1946-1971 are seen in retrospect as a opulent age of capitalism with exchange pasture stability and rapid economic growth (King, 200330).This is because the remains ensured that apprize of price make ups was just and that the exchange rates remained fixed for unlimited periods in all key alter countries. Moreover, the national income in the G7 countries rose more(prenominal) rapidly than in any opposite comparable period. The brass ensured long-run price stability for the whole earthly concern because the fixed price of fortunate provided an ostensible keystone to the spheres money supply. Therefore by pegging their currencies to deluxe, individual nations fixed their prices levels to that of the world (Bordor et al, 19931).King, 200330 emphasizes that the Bretton Woods d odging had deuce main characteristics which were the existence of a set of rules that consisted of fixed rates of exchange, capital throws and fissiparous policies of domestic macroeconomics on one hand and US domination on the new(prenominal) hand. Capital control as was stipulated in the Bretton Woods scheme was officially authorized and every government was spicyly acquit and had the right and obligation to control its movement of capital. Capital control is the ability of the government to control the in and out menstruum of capital to and from their country.This meant that avow discount rates were not necessary when the central marge wanted to attract capital inflows or avoid flight of capital. As a consequence, the bank rate is maintained as low as possible (King, 200331). However, a countrys domestic thriftiness can be adversely affected through inflation by in and out rapid flow of capital together with fixed rates of exchange. Capital controls essentially prevent rapid bounce of capital and can equip governments with the tools to prevent economic crisis in the future.In this remains capital control played a significant role whereby it effectively regulated the fixed exchange rate system that had been agreed upon by members during the Bretton Woods agreement. Whenever exchange rates required declinements capital control was an integral element of the adjustment instrument. These controls were fundamental to the reconstruction and growth of the internationalistic trading system that had been devastated by global depression, the dickens world wars and hyperinflation. This meant that capital flow was highly restricted with countries prohibiting convertibility.In capital control, silver non-convertibility was the most suppressive form of control. The government was the all one permitted to have the exclusive authority to hold unknown silver and to in same(p) manner to give it out to importers that had been approved by the government . Countries that fixed their exchange rates at levels that were insufferable could therefore be monitored through this system (Eicher et al, 2009470). Kitschel (1999, p. 38) further expounds that the capital controls were viewed as instruments of exchange rate stabilisation and in any case as means of securing full employment and other national economic priorities.Additionally the system condoned the controls not only for short term management of balance-of payment crises but also for the purpose of domestic economic management. The limited capital-account convertibility was the most common form of restriction. It enabled the system to place limits and know who had the right and handiness to foreign exchange rates. Moreover, qualitative restrictions were also put in place which urged for the limitations on the external plus and liability position of domestic financial institutions.The controls were also placed on foreign banks domestic operations as well as on resident firms and on individuals direct savings, collection of foreign possessions and authorized estate property. Dual or multiple exchange rate system was another form of capital control that involved discrete rates for either commercial or financial dealingss (Kitschel, 199939). Therefore the system allowed members to regulate international capital movements as long as they did not restrict payment for current external proceedings.Although currencies would be freely convertible into one another after a transaction period, members were allowed to place capital controls on currency transactions if such capital flows threatened to overwhelm the nations balance on payment or exchange rate stability (McNamara, 200375). Forces challenging the system Although the Bretton Woods system was important to the economic prosperity after the Second World War, it nevertheless failed to support the equally rapid growth in the advanced countries over the next 25 years. One of the reasons consort to Kenen (1994 , p.7) is the fact that the permanence and malleability of the system was slowly being destabilized by the postwar system. There were two vital roles of the Bretton Woods system. The first goal was geared towards producing exchange rates that were stable through the use of capital control and the second goal was meant to shield member nations from the shifting demands brought about by the flow of gold. Nonetheless, these goals highly contradicted each other because the system could not guarantee that global prices would remain stable as it deficiencyed an effective technique.Additionally, the installers of the Bretton Woods system explicitly designed the system in an effort to disentangle international fiscal relations from power politics. Nonetheless postwar financial relations were highly politicized and required unremitting political interventions to keep the system functioning smoothly. Another flaw of the Bretton Woods design was that it needinessed an effective, automatic mechanism to adjust and settle payment imbalances that inevitably arose amongst surplus and deficit countries.Under this system, a country that had a payment deficit most probably lost its gold which decreased the domestic monetary base and resulted in a decline in the currencys purchasing power. Inevitably, the countrys imports would fall, trades would rise and the payment would eventually balance. However, the loss of gold and the decrease in money supply also meant that there would be a fall in the cumulative domestic demand, which meant deflation or even the supposition of depression.These structural problems assured that chronic balance of payments would mushroom into full-scale political problems, both domestically and between nations (Gavin,6). Originally, the Bretton Woods system was designed to produce stable exchange rates while at the aforesaid(prenominal) time shielding national economies from demand shifts produced by the flow of gold (Gavin,6). The founders wante d to set monetary arrangements that could combine the advantage of classic gold standard i. e. the exchange rate stability with the advantage of vagrant rates i. e.the independence to pursue national full employment policies. They mainly sought to avoid the defects of natation rates (destabilizing speculation and competitive beggar-than-thou-neighour policies). The disadvantage of fixed rates is that individual nations were exposed to both monetary and real shocks transmitted from the rest of the world via the balance of payment and other channels of transmission. The common world price level under the gold standard exhibited secular periods of deflation and inflation which reflected shocks to the demand for and supply of gold (Bordo et al, 19931).Countries like Germany and japan were reluctant to import foreign inflation and this could have attributed to the eventual hand of the system. In the long run this broke the credibility of the fixed exchange rate commitment among countri es and the willingness of the central bank of several countries to cooperate in order to maintain the fixed parities. In other words the system failed because the commitment by the US of fixed equality was not reliable due to the inflation that was accelerating (King, 200333).The collapse of the Bretton Woods system is also related to the increase speculative capital flows. With time as the dollar sign bill mark continued to decline, the US economy was ineffectual to assure other countries that the dollar could be converted to gold at the fixed parity. In this view, the collapse of the system was related to the escalating in and out movements of capital and the lack of capacity of the dominant country, the US to control them (King, 200332).In conclusion the end of the Bretton Woods period can be said to have come when President Richard Nixon finally suspended the official conversion of the dollar into gold at $35 an ounce, shut down the gold window and cut the exchange rate system loose. Importance of the Euromarkets The growth of the Euromarkets has been directly relateed to the elaboration of the US multinational firms, and the consequent intricacy of US banking abroad.This growth of the market and its development coincided with the increasing pressure of the US economy and the recoveries witnessed in the capitalistic economy. The Eurodollar market therefore took over aspects of a developed domestic credit system since it was operating globally and independently from the central banks. Therefore, Britain which was a low-productivity and low-wage country became the center of global finance due to the contribution of the Eurodollar market. capital of the United Kingdom developed as a center of global circulation of capital and hence became the worlds leading Eurodollar market.The regulation of the currency which allowed the partial and finally the full convertibility of the pound for those who were neither residents of the dollar or the superlative are s ome of the factors that brought about the growth and development of the Eurodollar market (Patel, 20071). This market was deemed important as it sufficeed in redistributing surplus liquidity, in facilitating adjustments of internal liquidity in countries whose monetary systems rely on the import and export of short term funds through banks as a major monetary regulator.The Eurodollar market also back uped to maintain world business activity at a high level by the availability of short term working funds. The Nixon Shock The Nixon Shock is termed as a series of economic measures that were interpreted by the then US president Richard Nixon in 1971. This decision was reached upon by various events which included the Vietnam War that had become too costly and had drained the gold reserves of US, the increased domestic spending that deepen inflation, the balance of payment deficit by US and trade deficit (Engdahl, 20031).Additionally, the US dollar foreign arbitrage had also caused th e governments gold coverage of the paper dollar to decline by 33 points from 55% to 22%. Therefore in 1971, President Nixon imposed tariffs on all imports of 10 per cent to help reduce the trade deficit though it was removed in December the alike(p) year. At the same time, a freeze was put on wages and prices for a period of 90 days in a implore to lower inflation with the Federal Reserve Swap ending its support for other central banks.The convertibility of the dollar into gold was also ended and a limitation on gold transactions was put implying a decrease in the value of the dollar. This announced detached the US from the Bretton Woods system which collapsed from operation. After the gold convertibility of the dollar was suspended and flexible exchange rates emerged (James, 20101). After the Nixon shock, the US established that it could exert more global influence through US treasury debt than from trade surpluses. In the 1970s oil was the only key commodity traded in dollars.T his was due to the fact that the dollar was the only currency with the highest purchasing power and the only one that was backed by gold (Dammasch, 20106). As a result the US realized that the other nations would continue to demand for dollars for them to buy oil which was by now noble-minded in price. Thereafter, US trade partners had so many dollars in their reserves that they feared to create a dollar crisis. Instead they inflated and eventually weakened their own economies to support the dollar system as they feared a global collapse.Therefore when the price of oil increased in 1973 the dollar surprisingly continued to forgather despite countries like Japan, Germany and the rest of the world suffering from arduous economic destruction (Engdahl, 20031). Nonetheless, these measures did not help to restore or even quicken the economic growth rates of US or even correct the surplus reserves of dollars in Japan and Germany. From there henceforth, all the currencies of the Western nations began to float. There were no longer set exchange rates in the international market since the common link that was there earlier i.e. the Bretton Woods System, no longer existed. Ultimately, by the end of 1974, the price of gold had lift to $195 from $35 per troy ounce. As a result, due to unrestrained inflation there was a155% increase in the price of gold in a period of three years (James, 20101). Yom Kippur War The Yom Kippur War named after the Jewish holiest holiday, Yom Kippur began on October 1973 when Syrian and Egyptian forces backed by Soviet Forces launched attacks on Israel forces in the Golan senior high school and Sinai in an attempt to recapture the land occupied by Israelites.However, despite the surprise attack on Israel, they emerged victorious due to the immense backing from US who provided them with weapons and intelligence. Therefore in a bid to punish the Western world for their aid to Israel, the Arab nations placed the oil embargo. This was initial ly political tactic meant to pressure the US into requesting Israel to withdraw from the Arab territories. However, with time the Arabs used it as an economic tactic when they realized the amount of power they had over the world through oil.The prices of oil thereafter quadrupled and continued to be a threat not only to Americas economy but also to the whole world. After the Yom Kippur war the OPEC member states strike back against the West for their support of Israel by imposing an oil embargo which increased oil prices by 70%. Lending by Private Banks to Developing Nations The origin of the debt crisis in the Third World countries has been attributed to the expansion of banking society in the US at an international level together with the rapid economic growth in the world.Before the oil price crisis of 1973-74 began, the real domestic product growth rate of maturation countries averaged 6% annually. However, though the rate of growth had slowed down for the reminder of the 1970 s it averaged 4-5%. This growth nonetheless generated new resides by the US corporate investment and similarly by other international banks. This multinationalism in providing financial services contributed to the emergence of the Eurodollar market which gave the US banks access to funds that they could undertake Third World Loans on a large scale.Additionally, the sharp rise in crude oil accelerated the expansion in lending (LCD debt crisis, 2010192). The oil-exporting countries in the Arab world deposited their profits made during the oil crisis in banks in the European and US banks. This further fueled the lending boom. Since the banks had now been provided with more funds they became eager to make profits and hence invested it in developing nations by financing new development projects. The abrupt increase in oil prices brought about instant inflation into the prices of all other commodities.Moreover, the developing countries which had been crippled by these high oil prices sa w this as an opportunity to borrow cheap money from the international banks so that they could offset the long deficits ((LCD debt crisis, 2010192 Schmulker, 20042). These funds that were known as petrodollars and had been recycled back to developing nations therefore generated inflationary pressures around the industrial world and created the debt crisis in developing nations (Cypher and Dietz, 2008204). US High Interest RatesThe developing nations during the 1970s were given loans at very low interest rates. However, this situation changed when the US in the early eighties pushed up the interest rates of loans in an endeavor to stop inflation. This meant that the loans that had been lent out to Third World nations by US or other lending banks in Europe had to paid back with huge interests rates. Hence, by the 1980s the economy of Third World nations had began to stagnate and many nations were on the verge of bankruptcy due to the combine of mounting debts and low economic growth rates.The total debt had amounted to $567 billion and the high interest rates compel them to take out new loans which increased the burden (Jauch, 20091). This dismal situation was further compounded by the oil shock of 1973 and 1979. This decision by OPEC crippled the economies of many Third World nations with the cost of import energy rising. Therefore, the culminative result of this crisis saw many developing nations especially those in Latin America unable to pay their debts during this period. IMF Structural leeway ProgrammesWhen it became evident that these nations would be unable to service their loans, the IMF came up with conditions which were dubbed Structural Adjustment Programmes (SAP) to solve the debt crisis among developing countries (Shimko, 2009168). The SAP was proposed by the World Bank and the International Monetary Fund which were create during the Bretton Woods period. These programmes imposed various conditions for countries especially developing ones that intended to borrow more loans (Jauch, 20091). IMF claimed that these reforms were necessary for promoting the economic growth needed to pay back the loans.The IMF required reforms to be carried out in the respective countries before aid could be provided. For example, Mexico whose debt burden grew faster than its own economy was loaned money by IMF to prevent a default. However, Mexico had to certain economic reforms before the loan could be dispatched. Although the conditions imposed on the developing nations differed, the same grassroots conditions were expected of all the nations (Shimko, 2009168). The various key reforms according to Shimko 2009169 included Balancing of government budgets this entailed either increasing the revenue for the government (providing new fees for government services) or drastically reducing the government spending. Reducing quotas, tariffs and other import barriers this was aimed at subjecting the domestic industries to international competition. Liberalization of the capital market this basically meant reducing the restrictions on foreign investment. Reducing government subsidies to domestic industries these subsidies are those that had been part of import substitution strategies. Privatizing or interchange the government-owned industries to the private sector. Nonetheless, these conditions did not alleviate the dire economic nor bring any economic development but rather the conditions intensified the existing situation. Although IMF studies claimed that the growth rates in countries under this programme increased from -15% in the 1980s to only 0. 3% in the early 1990s and 1% by mid-1990s, the World bank declared that there was no evidence whatsoever to account for any economic growth (Shimko, 2009178).Additionally, lack of government subsidies or protection from foreign competition force domestic industries to reduce their costs by lowering wages or by laying off workers. Therefore the liberalization of trade and the o pen up of economies to unrestricted foreign investment had a deleterious impact on the poor nations and tribe (Shimko, 2009177). Effects of the High rock oil Prices in the 1970s As a result of the Bretton Woods system and the oil shock, a new wave of globalization began. Recession was prevalent with unemployment peaking at 9.1% industrial production went down by 15% and high inflation in all areas. Additionally, when the Bretton Woods system of fixed exchange rates collapsed, countries were now opened up to greater capital mobility and they also contain the autonomy of their monetary policies. The Brandy Bonds came into existence when Mexicos Minister of Finance announced that the country would be laboured to default on its debt. The default on loans worsened as more banks in developing nations cognizant the IMF and Chairman of the Federal Reserve of their inability to service their debts in time (LDC debt crisis, 2010191).The Brandy Bonds in a bid to resolve the debt crisis of the 1980 not only led to the subsequent development of the bonds market but also brought about a new phenomenon especially for emerging economies. Moreover, technological advancement, privatization and deregulation (which resulted in the corporate culture with national interests of decreasing consideration in business decisions) made foreign direct investment and equity investment in the emerging markets even more attractive for households and firms in the developed nations (Schmulker, 20042).Overall, there was a severe recession which hit the hardest the Western world. In Wall Street, oil stocks performed well due to the price increase as the profits soared as the rest of the market buckled under the low prices. Before the oil embargo was imposed by OPEC members, the price of crude oil was mainly determined by major oil companies in the West which binded 65% of the revenue of the oil. This type of arrangement was referred to as oligopolistic market arrangement.This meant that oil prices that had been posted in the market were established with the taxes and royalties paid to the exporting governments on the basis of this price. However following(a) the embargo, property rights were transferred to the host countries from the major companies that had operated the industry and hence the cartel was able to take over the functions of the companies and retain more of the revenue generated Thereafter, the determination of crude oil price was passed into the hands of OPEC which set an official change price for the best known among its crude.At the same time individual members were given the opportunity to adjust their selling prices in relation to this market according to the quality of the oil being produced (Trumbore, 20101). The continued high oil prices encouraged the exploration and subsequently the production of oil in high-cost oil regions such as Canada, Mexico, and North Sea. During the 1970, the increased demand of fossil fuels and increased prices for t he product greatly reduced globalization. As the nations became more advanced, the rate of globalization declined.Although globalization grew for a while after the embargo, the rate of growth began to decline as the oil prices decreased (Okogu, 20031). The oil embargo impacted severely on the economy of Japan resulting in energy price inflation since by this time it was the only developed nation that relied heavily on oil with very few hydrocarbon reserves or any other alternatives. Japan was therefore forced to reconsider its industrial model. The oil shocks catalyzed the rapid turnaround which enabled Japan to become the leading energy cogency country.The petroleum Supply and Demand Optimization Law was aimed at setting oil targets and restricting oil use. Japans vision after the oil embargo was to reduce its dependence of oil from the ticker East, therefore it started to charge import taxes on all petroleum products especially those that were used to generate power. Japan there fore became a pioneer in liquefied natural gas which today accounts for half of the worlds market. During this period, Japanese car brands like Toyota and Honda which had previously sold poorly enjoyed enormous success in the US market.Americans who had traditionally been fond of big cars were now confronted with a new challenge that included higher oil prices accompanied by long queues at the gas stations and rationing of gasoline. They therefore began to demand more of the Japanese brands for their small size and fuel-efficiency (Stewart and Wilczewski, 20091). Conclusion Even today, the Dollar System is still the real source of global inflation since t is the only global reserve currency as it has been witnessed worldwide since the 1971.Other countries in the world have to ensure that the reserves of their central banks are in dollars if they are to trade in the international market. This helps to guarantee against currency crisis, to back their export trade and to finance the i mportation of oil. Today, 67% of all central bank reserves are dollars (Engdahl, 20031). The debt crisis in the 1970s created by various variables including the oil embargo, the remarkable borrowing and poor economic planning crippled the economy of many developing nations in Africa and Latin America.Despite efforts by the World Bank and IMF to offset these payment balances, the situation remained virtually unchanged. Ironically, other countries like Japan and US though they were affected by the rise in oil prices, were able to rise above the situation through oil exploration in their own countries which reduced their reliance on the imported oil from Middle East. Therefore, though the oil embargo did touch the economies of all the different nations, the distributor point and intensity was not the same.While other countries were completely devastated e. g. Third World nations others in the West found ways of reviving and even propelling their economies to greater heights. Referenc es Bordo, M, Eichengreen, B and National Bureau of Economic look into (1993). Bretton Woods System A Retrospect. London. University of Chicago Press. Dammasch, S. (2010). The Bretton Woods System. Online Available from http//www. ww. uni-magdeburg. de/fwwdeka/student/arbeiten/006. pdf Dietz, J and Cypher, J. (2008). Economic tuition Process.New York. Taylor Francis. Eicher, T, Mutti, J and Turnovsky, M. (2009). International Economics. Taylor Francis. Engdahl, W. (2003). The Dollar System US Economic Reality. Online Available from http//www. engdahl. oilgeopolitics. net/1973_Oil_Shock/Dollar_System/dollar_system. hypertext mark-up language Garber, P, Dooley, M and Folkerts-Landau, D. (2005). International Financial Stability. Online Available from http//people. ucsc. edu/mpd/InternationalFinancialStability_update. pdf Gavin, F. The Cold War Gold Battles.American Monetary polity the Defense of Europe, 1960-1963. Online Available from http//www. utexas. edu/lbj/faculty/gavin/ articles/gold_battles. pdf Jauch, H. (2009). How Africa was destroyed by the World Bank, IMF- Structural Adjustment Programmes (SAP). Online Available from http//www. newsrescue. com/2009/05/how-the-imf-world-bank-and-structural-adjustment-programsap-destroyed-africa/ Kenen, P. (1994). Managing World Economy. Washington. Institute for international Economics. King, E, J. (2003). The Elgar Companion Economics.Cheltenham. Edward Elgar Publishing Limited. Kitschelt, H. (1999). Continuing Change in Contemporary Capitalism. Cambridge. Cambridge University. Okogu, B. (2003). Changing Oil Market in North Africa Middle East. online Available from http//www. imf. org/external/pubs/ft/med/2003/eng/okogu/okogu. htm Patel, H. (2007). The Eurodollar Market Contribution to the raw Financial World. Online Available from. http//www. pharmasuppliers. com/index. php? option=com_contentview=articleid=14catid=13Itemid=20
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