Does Indian Stand In Terms Of Global Integration Economics Essay

Does Indian Stand In Terms Of Global Integration Economics Essay The worldwide movement towards economic, financial, trade and communications integration. Globalization  implies the opening of local and nationalistic  perspectives  to a broader outlook of an interconnected and interdependent world with  free  transfer  of capital, goods, and  services  across national frontiers. However, it does not include unhindered movement of  labor  and, as suggested by some  economists, may hurt smaller or fragile  economies  if applied indiscriminately. Name for the process of increasing the connectivity and interdependence of the  worlds  markets  and  businesses. This process has speeded up dramatically in the last two decades as technological  advances  make it easier for  people  to travel, communicate, and do  business internationally. Two  major  recent driving forces are advances in telecommunications  infrastructure  and the  rise  of the internet. In general, as  economies  become more connected to other economies, they have increased opportunity but also increased  competition. Thus, as globalization becomes a more and more common feature of  world  economics, powerful pro-globalization and anti-globalization  lobbies  have arisen. The pro-globalization  lobby  argues that globalization  brings  about much increased opportunities for almost everyone, and increased competition is a good thing since it makes  agents  of production more  efficient. The two most prominent pro-globalization  organizations  are the  World Trade Organization  and the World  Economic  Forum. The World  Trade  Organization  is a pan-governmental  entity  (which currently has 144 members) that was  set up  to formulate a set of rules to govern  global  trade  and  capital flows  through the process of member consensus, and to supervise their member countries to  ensure  that the rules are being followed. The World Economic Forum, a  private  foundation, does not have decision-making  power  but enjoys a great  deal  of importance since it has been effective as a powerful  networking  forum for many of the worlds business,  government  and not-profit  leaders. The anti-globalization group argues that certain groups of people who are deprived in  terms  of  resources  are not currently capable of functioning within the increased  competitive  pressure that will be brought about by allowing their economies to be more connected to the rest of the world. Important anti-globalization organizations include environmental groups like Friends of the Earth and Greenpeace;  international  aid organizations like Oxfam;  third world  government  organizations like the G-77; business organizations and trade  unions  whose  competitiveness  is threatened by globalization like the U.S. textiles and  European  farm lobby, as well as the Australian and U.S. trade  union  movements. Impact of Globalization on Developing Countries and India Globalization is the new buzzword that has come to dominate the world since the nineties of the last century with the end of the cold war and the break-up of the former Soviet Union and the global trend towards the rolling ball. The frontiers of the state with increased reliance on the market economy and renewed faith in the private capital and resources, a process of structural adjustment spurred by the studies and influences of the World Bank and other International organizations have started in many of the developing countries. Also Globalization has brought in new opportunities to developing countries. Greater access to developed country markets and technology transfer hold out promise improved productivity and higher living standard. But globalization has also thrown up new challenges like growing inequality across and within nations, volatility in financial market and environmental deteriorations. Another negative aspect of globalization is that a great majority of developing c ountries remain removed from the process. Till the nineties the process of globalization of the Indian economy was constrained by the barriers to trade and investment liberalization of trade, investment and financial flows initiated in the nineties has progressively lowered the barriers to competition and hastened the pace of globalization. Impact on India: India opened up the economy in the early nineties following a major crisis that led by a foreign exchange crunch that dragged the economy close to defaulting on loans. The response was a slew of Domestic and external sector policy measures partly prompted by the immediate needs and partly by the demand of the multilateral organisations. The new policy regime radically pushed forward in favour of amore open and market oriented economy. Major measures initiated as a part of the liberalisation and globalisation strategy in the early nineties included scrapping of the industrial licensing regime, reduction in the number of areas reserved for the public sector, amendment of the monopolies and the restrictive trade practices act, start of the privatisation programme, reduction in tariff rates and change over to market determined exchange rates. Over the years there has been a steady liberalisation of the current account transactions, more and more sectors opened up for foreign direct investments and portfolio investments facilitating entry of foreign investors in telecom, roads, ports, airports, insurance and other major sectors. The Indian tariff rates reduced sharply over the decade from a weighted average of 72.5% in 1991-92 to 24.6 in 1996-97.Though tariff rates went up slowly in the late nineties it touched 35.1% in 2001-02. India is committed to reduced tariff rates. Peak tariff rates are to be reduced to be reduced to the minimum with a peak rate of 20%, in another 2 years most non-tariff barriers have been dismantled by March 2002, including almost all quantitative restrictions. India is Global: The liberalisation of the domestic economy and the increasing integration of India with the global economy have helped step up GDP growth rates, which picked up from 5.6% in 1990-91 to a peak level of 77.8% in 1996-97. Growth rates have slowed down since the country has still bee able to achieve 5-6% growth rate in three of the last six years. Though growth rates has slumped to the lowest level 4.3% in 2002-03 mainly because of the worst droughts in two decades the growth rates are expected to go up close to 70% in 2003-04. A Global comparison shows that India is now the fastest growing just after China. This is major improvement given that India is growth rate in the 1970s was very low at 3% and GDP growth in countries like Brazil, Indonesia, Korea, and Mexico was more than twice that of India. Though Indias average annual growth rate almost doubled in the eighties to 5.9% it was still lower than the growth rate in China, Korea and Indonesia. The pick up in GDP growth has helped improve Indias global position. Consequently Indias position in the global economy has improved from the 8th  position in 1991 to 4th  place in 2001. When GDP is calculated on purchasing power parity basis. Globalisation and Poverty: Globalisation in the form of increased integration though trade and investment is an important reason why much progress has been made in reducing  poverty  and global inequality over recent decades. But it is not the only reason for this often unrecognised progress, good national polices, sound institutions and domestic political stability also matter. Despite this progress, poverty remains one of the most serious international challenges we face up to 1.2 billion of the developing world 4.8 billion people still live in extreme poverty. But the proportion of the world population living in poverty has been steadily declining and since 1980 the absolute number of poor people has stopped rising and appears to have fallen in recent years despite strong population growth in poor countries. If the proportion living in poverty had not fallen since 1987 alone a further 215million people would be living in extreme poverty today. India has to concentrate on five important areas or things to follow to achieve this goal. The areas like technological entrepreneurship, new business openings for small and medium enterprises, importance of quality management, new prospects in rural areas and privatisation of financial institutions. The manufacturing of technology and management of technology are two different significant areas in the country. There will be new prospects in rural India. The growth of Indian economy very much depends upon rural participation in the global race. After implementing the new economic policy the role of villages got its own significance because of its unique outlook and branding methods. For example food processing and packaging are the one of the area where new entrepreneurs can enter into a big way. It may be organised in a collective way with the help of co-operatives to meet the global demand. Understanding the current status of globalisation is necessary for setting course for future. For all nations to reap the full benefits of globalisation it is essential to create a level playing field. President Bushs recent proposal to eliminate all tariffs on all manufactured goods by 2015 will do it. In fact it may exacerbate the prevalent inequalities. According to this proposal, tariffs of 5% or less on all manufactured goods will be eliminated by 2005 and higher than 5% will be lowered to 8%. Starting 2010 the 8% tariffs will be lowered each year until they are eliminated by 2015. GDP Growth rate: The Indian economy is passing through a difficult phase caused by several unfavourable domestic and external developments; Domestic output and Demand conditions were adversely affected by poor performance in agriculture in the past two years. The global economy experienced an overall deceleration and recorded an output growth of 2.4% during the past year growth in real GDP in 2001-02 was 5.4% as per the Economic Survey in 2000-01. The performance in the first quarter of the financial year is5.8% and second quarter is 6.1%. Export and Import: Indias Export and Import in the year 2001-02 was to the extent of 32,572 and 38,362 million respectively. Many Indian companies have started becoming respectable players in the International scene. Agriculture exports account for about 13 to 18% of total annual of annual export of the country. In 2000-01 Agricultural products valued at more than US $ 6million were exported from the country 23% of which was contributed by the marine products alone. Marine products in recent years have emerged as the single largest contributor to the total agricultural export from the country accounting for over one fifth of the total agricultural exports. Cereals (mostly basmati rice and non-basmati rice), oil seeds, tea and coffee are the other prominent products each of which accounts fro nearly 5 to 10% of the countries total agricultural exports. Where does Indian stand in terms of Global Integration? India clearly lags in globalisation. Number of countries has a clear lead among them China, large part of east and far east Asia and Eastern Europe. Lets look at a few indicators how much we lag. Over the past decade FDI flows into India have averaged around 0.5% of GDP against 5% for China 5.5% for Brazil. Whereas FDI inflows into China now exceeds US $ 50 billion annually. It is only US $ 4billion in the case of India Consider global trade Indias share of world merchandise exports increased from .05% to .07% over the pat 20 years. Over the same period Chinas share has tripled to almost 4%. Indias share of global trade is similar to that of the Philippines an economy 6 times smaller according to IMF estimates. India under trades by 70-80% given its size, proximity to markets and labour cost advantages. It is interesting to note the remark made last year by Mr. Bimal Jalan, Governor of RBI. Despite all the talk, we are now where ever close being globalised in terms of any commonly used indicator of globalisation. In fact we are one of the least globalised among the major countries however we look at it. As Amartya Sen and many other have pointed out that India, as a geographical, politico-cultural entity has been interacting with the outside world throughout history and still continues to do so. It has to adapt, assimilate and contribute. This goes without saying even as we move into what is called a globalised world which is distinguished from previous eras from by faster travel and communication, greater trade linkages, denting of political and economic sovereignty and greater acceptance of democracy as a way of life. Consequences: The implications of globalisation for a national economy are many. Globalisation has intensified interdependence and competition between economies in the world market. This is reflected in Interdependence in regard to trading in goods and services and in movement of capital. As a result domestic economic developments are not determined entirely by domestic policies and market conditions. Rather, they are influenced by both domestic and international policies and economic conditions. It is thus clear that a globalising economy, while formulating and evaluating its domestic policy cannot afford to ignore the possible actions and reactions of policies and developments in the rest of the world. This constrained the policy option available to the government which implies loss of policy autonomy to some extent, in decision-making at the national level. Advantages of Globalization It is the advantages of Globalization which act to bring about economic welfare on international levels, thereby benefiting the worldwide population. Mentioned below, are the advantages of Globalization which facilitate the development of world economies immensely: Free movement of capitals offers access to the foreign investments to many countries like the United States of America. The worldwide commercial market becomes so flexible due to the advent of Globalization, that transactions of the international companies are not restricted to geographical borders of the countries. Globalization enhances the flow of capital, permitting the investors to invest on the untapped resources of the developing countries. Globalization of the mass media has reduced the global space substantially, keeping the people informed about all latest international happenings through different television channels. Improvement in global communication networks leads to easy flow of important information not only to individuals but at company levels as well. The democratic thoughts are rapidly spread among countries across the world, owing to Globalization. Globalization stresses on increasing mutual dependence among all the nation-states across the world. Globalization lessens the possibilities of warfare among developed countries to considerable extents. The developed countries display a tendency for working towards protecting their surrounding environments to large extents. Globalization enhances free international trades among countries across the world. The total output levels of a country increase when productions become competition-oriented. This means that to compete with the existing world market, the products must be of best qualities and they also improve the lifestyle of the overall population. Cheap imports and extensive competition on international level keep a check on the prices leading to lower inflation rates, which occasionally interrupt the economic growth and development of a nation. Economic Globalization ushers in the concept of Open Economy, where there is an extensive promotion of technological growth and inventions. This requires new topics and concepts to be imported from abroad. Employments in the export-oriented industries generally pay its employees approximately 15% more than the import-oriented jobs in a country. One of the positive effects of Globalization is the smooth and speedy transportation of people and commodities to different corners of the world. Globalization reduces cultural blockages and differences among nations, by encouraging fellow-feeling and mutual compassion. Disadvantages of Globalization The following general factors may be considered as drawbacks of Globalization: There is significant increase in the flow of skilled and unskilled employment opportunities simultaneously from developed and developing countries across the world. This is due to the fact that the global companies are in search of cheap labors to extract maximum benefit at minimum expenses. The popular reactions of Globalization may be violent in the sense that people are more interested in maintaining the traditions and customs associated with world culture. In such a situation the control of a handful of companies over the global media may restrict expression of culture. A main drawback of Globalization is that it enhances possibilities of unintentional transportation of diseases between countries. Globalization gives birth to money-oriented lifestyles and selfish attitudes, which consider consumption to be a mean to attain overall economic affluence. Globalization increases the possibility of civil war between the developed nations and opens battle between the developing nations for getting hold of the available resources. Globalization tends to reduce environmental honesty, because the corrupt companies make use of the weak authoritarian rules of the developing nations. Escalation in the possibility of economic disturbances in one particular country, affects the economic balance of other nations as well. The commercial power of nation-states increases far more than ordinary individuals and the civil society institutions. With the rapid spread of Globalization, there are chances for international organizations like World Trade Organization (WTO) to violate both national and international sovereignty. Globalization intensifies commercial competition among developed and developing nations in an attempt to improve their respective economic conditions. The existing gap between the rich and poor nations is widened more, with the advent of Globalization. Globalization has made the small commercial sectors to struggle hard for existence and establish their trades. Globalization has increased exploitation of the working class or the labor class of the society. The revenue generated in the host nations is hardly spend in that particular country for uplifting the economic conditions of its population; rather this revenue is spend in other countries across the globe. This weakens national unity and independence, permitting the developed countries to dispatch domestic jobs abroad, in search of cheap labor.   Conclusion: In conclusion, globalization has brought a lot of advantages and disadvantages to us. We know there is nothing perfect in this world; things just have limited strong features and weak features. But the most important point is that people all over the world should try to balance the advantages and the disadvantages of globalization because we are the ones who stay here to make the world a better place. Viper the Anti-plagiarism Report

Relationships Between Parents and Children in Poetry Essay

Many poets use poetry to express their feelings on their relationships with their parents or children. ‘Poem at Thirty-Nine’ by Alice Walker is about a girl who has grown into an adult and is thinking back to when she was younger. In the poem she talks about how much she misses her father because he has passed away. ‘Piano’ by D.H. Lawrence is about a man that is reminded of his mother who always played the piano for him because of a woman that he hears singing. ‘A Mother in a Refugee Camp’ by Chinua Achebe is about a woman that is in a refugee camp with her young child who is so sick that he is sure to die soon. ‘Poem at Thirty-Nine’ presents childhood as a lonely, emotional experience. The woman in this poem has many fond memories of her father but she also has a lot of regret. She misses him very much and she is sad because she wishes she could have spent more time with him when she was a young girl. In the poem she says, â€Å"How I miss my father. I wish he had not been so tired when I was born.† She wishes that her father wasn’t too exhausted to spend time with her when she was a young girl. The reader probably feels sorry for the little girl and some people may feel like they can relate to the girl when it comes to spending time with parents. This also relates to ‘Do not go gentle into that good night’ because the man in this poem also misses his father except he isn’t dead yet. He doesn’t want him to die. ‘Piano’ presents childhood as safe, secure and serene. As like in ‘Poem at Thirty-Nine’ the man has fo nd memories of time spent with his mother who he misses so much that it brings him to tears to think back to his childhood. The poem says, â€Å"Down in the flood of remembrance, I weep like a child for the past†. As he remembers his childhood, he begins to cry because he misses the times with his mother. It is unusual for a man to cry and he was embarrassed because men did not cry in the early 1900’s. This makes the reader think back to childhood memories that they miss and they can relate to the poem just like readers can relate to ‘Poem at Thirty-Nine’ because they both stress realistic topics that apply to many people. ‘Half Past Two’ is also similar to ‘Piano’ because it talks about missing childhood and it presents childhood as a carefree time. ‘A Mother in a Refugee Camp’ presents childhood as a time of pain and suffering. The boy in this poem does not have fond memories of childhood because of his difficult lifestyle and he is  very ill. The poem says, â€Å"Now she did it like putting flowers on a tiny grave†. The boy’s mother is being delicate and combing her son’s hair as if she was putting flowers on a tiny grave because he is dying. This makes the reader very sympathetic towards the mother because she loves her son with all her heart but yet she has to watch him die which is very hard for her. ‘A Mother in a Refugee Camp’ can relate to ‘My Parents Kept me from Children who were Rough’ because the parents in these poems are trying to do the best for their son. In ‘Poem at Thirty-Nine’, Alice Walker uses imagery to portray herself as a woman who has inherited qualities and characteristics that her father possessed. This is shown when she uses the simile â€Å"He cooked like a person dancing in a yoga meditation† which suggests that her father is trance-like when he cooks and this shows that although he was often very strict with her, her father had a calm, laid back side. She has grown up to be like him and she believes that her father would be proud to see the woman that she has grown up to be. The metaphor â€Å"seasoning one of my life the same way twice† shows that Alice Walker is spontaneous and her life has no routine and this may be something that she has inherited from her father. ‘Piano’ uses a nostalgic image to emphasize how much D.H. Lawrence misses his childhood. The poem refers to â€Å"old Sunday evenings at home† and â€Å"hymns in the cosy parlour†. This creates a warm, homely image leading the reader to think that the boy comes from a loving home. ‘Piano’ also uses the simile â€Å"I weep like a child for the past† to emphasize how much the poet misses his childhood. He is crying openly because he wants to be a child again. The metaphor â€Å"a flood of remembrance† describes his memories rushing back all at once and this creates an overwhelming feeling for him. When ‘A Mother in a Refugee Camp’ says, â€Å"The air was heavy with odors of diarrhea, of unwashed children with washed-out ribs and dried up bottoms waddling in labored steps† it appeals to the sense of the reader and it gives them an unpleasant image. This gives the reader the idea that the conditions are absolutely terrible and may even make some people sick to the stomach. It gives them a picture of the poverty and illness that is presents in war torn countries around the world. In ‘Poem at Thirty-Nine’ I found it interesting when Alice Walker said, â€Å"He taught me how† because this is saying that her father was a role model for her and she learned a lot from him. This makes the reader think that the father set a good example for her. ‘Poem at Thirty-Nine’ also uses a euphemism for death when it says, â€Å"Though many truths must have grieved him before the end†. She doesn’t actually want to say that he died because it probably makes her sad. In ‘Piano’ I find it interesting when D.H. Lawrence said, â€Å"In spite of myself, the insidious mastery of song†. He is trying to fight against the memory of his childhood because it makes him sad. â€Å"Insidious mastery of song† is a powerful tool which is saying that the mastery of the song that he is hearing betrays him back to his childhood. ‘A Mother in a Refugee Camp’ makes good use of ellipsis. It says, â€Å"Her tenderness for a song she would soon have to forget†¦.† This foreshadows the child’s death. This makes the reader feel sorry for the mother and it also makes them sad. The poem also uses interesting vocabulary when it says, â€Å"Before his breakfast and school; now she did it.† The word ‘now’ stresses the mother and her son’s previous normal existence. This probably makes the reader have a lot of sympathy for the mother and feel sorry for her because she is losing her child. This also gives the reader an idea of the life that the mother provided for her son and how the war has completely changed their lives. Alice Walker writes ‘Poem at Thirty-Nine’ in first person. The poem is conveyed as very sad because she misses her father and the main feeling conveyed in this poem is love. The poem opens by saying, â€Å"How I miss my father†. Later in the poem she repeats the phrase â€Å"How I miss my father† to emphasize how much she misses him. At first the mood is regretful but as the poem goes on the mood changed and she thinks that her father would admire the woman she has become. D.H. Lawrence also writes ‘Piano’ in first person and also third person to reminisce and describe himself as a child listening to his mother playing piano. An example of first person in this poem is, â€Å"Taking me back down the vista of years, till I see† and an example of third person in this poem is, â€Å"A child sitting under the piano, in the boom of the tingling strings.† In this quote he refers to himself as â€Å"a child† because he is trying to distance himself from his childhood. This poem is conveyed  as depressing because it can cause readers to reminisce about their childhood and make them realize how much they actually miss it. The person speaking in ‘A Mother in a Refugee Camp’ is the author, Chinua Achebe, and the poem is written in third person. An example of third person in this poem is, â€Å"She held a ghost-smile between her teeth†. Although she was not happy, she put on a fake smile. The main feelings conveyed in this poem are sadness and love. The attitude towards the mother is admiration and how she is taking care of her son is touching. ‘Poem at Thirty-Nine† does not use any rhyming. It is also a free verse poem. This compliments her nature and it allows her to use the poem as an outpouring of feelings about her father. She uses the poem to express how she feels about her father and how she wishes he was around to see how she has grown up. ‘A Mother in a Refugee Camp’ is also a free verse poem. It does not have a rhyme scheme. It makes it seem like the mother’s life is hectic and not very organized because of how much she has to deal with everyday trying to take care of her dying son. Her life is filled with agony and suffering. However ‘Piano’ isn’t written in free verse. Each stanza has the same amount of lines and the poem uses rhyming couplets. The structure of the poem represents the security of D.H. Lawrence’s childhood and how safe he felt when he was sitting under the piano listening to his mother. In my opinion, these poems all discuss the same main topics which are love and sadness. I think that these poems will help many readers to think back to childhood memories that they are fond of and open up readers’ eyes to make them realize how much they actually miss being a child. My favorite poem is ‘A Mother in a Refugee Camp’ because I know a woman that is a close family friend who had to watch her young son slowly die from a deadly disease and that helps me to understand how hard it must have been for the mother in this poem to see her son die.

Anchoring-Annual Day Essay

These virtual characters then do things that people in the real world do, such as having sex. Depending on your preferences, you can have sex with someone who is older or younger than you – perhaps much older or younger. In fact, if your virtual character is an adult, you can have sex with a virtual character who is a child. If you did that in the real world, most of us would agree that you did something seriously wrong. But is it seriously wrong to have virtual sex with a virtual child? Some Second Life players say that it is, and have vowed to expose those who do it. Meanwhile, the manufacturers, Linden Labs, have said they will modify the game to prevent virtual children from having sex. German prosecutors have also become involved, although their concern appears to be the use of the game to spread child pornography, rather than whether people have virtual sex with virtual children. Laws against child pornography in other countries may also have the effect of prohibiting games that permit virtual sex with virtual children. In Australia, Connor O’Brien, chair of the criminal law section of the Law Institute of Victoria, recently told the Melbourne newspaper The Age that he thought the manufacturer of Second Life could be prosecuted for publishing images of children in a sexual context. The law is on solid ground when it protects children from being exploited for sexual purposes. It becomes much more dubious when it interferes with sexual acts between consenting adults. What adults choose to do in the bedroom, many thoughtful people believe, is their own business, and the state ought not to pry into it. If you get aroused by having your adult partner dress up as a schoolchild before you have sex, and he or she is happy to enter into that fantasy, your behavior may be abhorrent to most people, but as long as it is done in private, few would think that it makes you a criminal. Nor should it make any difference if you invite a few adult friends over, and in the privacy of your own home they all choose to take part in a larger-scale sexual fantasy of the same kind. Are computers linked via the Internet – again, assuming that only consenting adults are involved – so different from a group fantasy of this kind? When someone proposes making something a criminal offense, we should always ask: who is harmed? If it can be shown that the opportunity to act out a fantasy by having virtual sex with a virtual child makes people more likely to engage in real pedophilia, then real children will be harmed, and the case for prohibiting virtual pedophilia becomes stronger. But looking at the question in this way raises another, and perhaps more significant, issue about virtual activities: video game violence. Those who play violent video games are often at an impressionable age. Doom, a popular violent videogame, was a favorite of Eric Harris and Dylan Klebold, the teenage Columbine High School murderers. In a chilling videotape they made before the massacre, Harris says â€Å"It’s going to be like fucking Doom†¦. That fucking shotgun [he kisses his gun] is straight out of Doom! There are other cases in which aficionados of violent videogames have become killers, but they do not prove cause and effect. More weight, however, should be given to the growing number of scientific studies, both in the laboratory and in the field, of the effect of such games. In Violent Video Game Effects on Children and Adults, Craig Anderson, Douglas Gentile, and Katherine Buckley, of the Department of Psychology at Iowa State University, draw these studies tog ether to argue that violent video games increase aggressive behavior. If criminal prosecution is too blunt an instrument to use against violent video games, there is a case for awarding damages to the victims, or families of the victims, of violent crimes committed by people who play violent video games. To date, such lawsuits have been dismissed, at least in part on the grounds that the manufacturers could not foresee that their products would cause people to commit crimes. But the evidence that Anderson, Gentile, and Buckley provide has weakened that defense. Andre Peschke, editor-in-chief of Krawall. e , one of Germany’s leading online computer and video game magazines, informs me that in ten years in the video game industry, he has never seen any serious debate within the industry on the ethics of producing violent games. The manufacturers fall back on the simplistic assertion that there is no scientific proof that violent video games lead to violent acts. But sometimes we cannot wait for proof. This seems to be one of those cases: the risks are great, and outweigh whatever benefits violent video games may have. The evidence may not be conclusive, but it is too strong to be ignored any longer. The burst of publicity about virtual pedophilia in Second Life may have focused on the wrong target. Video games are properly subject to legal controls, not when they enable people to do things that, if real, would be crimes, but when there is evidence on the basis of which we can reasonably conclude that they are likely to increase serious crime in the real world. At present, the evidence for that is stronger for games involving violence than it is for virtual realities that permit pedophilia.

Racism state troopers incident of the NJ turnpike essays

Racism state troopers incident of the NJ turnpike essays The first story takes place in Los-Angeles where Jim Losey is a Police officer who struggles with his own existence as a low-paid worker. He has his own concept of fighting the crime and he is a person who is a bit powerful, hiding behind a badge that hide a real prejudiced person. We believe facts and hate affected his life along the years. At first he was a great cop but now he is racist. He thinks troubles and crimes come from black people. We also believe he is not the only one. Fewer articles show us the sad truth. In this case, an article from the New-York Times illustrates perfectly a resemblance. In April last year, an incident took place in New Jersey. Two state troopers were indicted on attempted murder after a routine traffic stop. Three of four unarmed black people have been shot for no real apparent reason. We can easily find few similarities with both cases. Jim believes black people should be punished his way and not just put in jail. He even admits he has hurt someone before without being caught. He calls that tricks. He probably thinks his badge can protect him, allow him to do certain things or make it easier for him to do those things. He also believes it is right but it is not really right for the majority of us. We can imagine the reason why those state troopers have shot these poor people and used a ridiculous excuse. They probably thought they would get along with that just because they are cops. Jim also dreams about a life style he does not have and has to blame somebody for it. He directed his anger on colored people and doing that he generalized it the wrong way. He is doing his job with a passion and does not agree with politics. This article shows how much Jim believes the press reviled law enforcers and tries to stop him in his quest. Two state troopers are sent to jail. We can tell Jim thoughts about it his friends are sent to jail for...

Is Globalization the Main Culprit for the 2008 Global Financial Crisis

Is Globalization the Main Culprit for the 2008 Global Financial Crisis The global financial crisis that began in late 2007 but erupted in 2008 was considered one of the worst threats to the global economy. The global financial crisis was characterized by credit crunch and the collapse of stock markets.Advertising We will write a custom research paper sample on Is Globalization the Main Culprit for the 2008 Global Financial Crisis? specifically for you for only $16.05 $11/page Learn More The results of the crisis were massive since it led to the evaporation of investment decisions by firms, loss of jobs and loss of income. There was generally an economic recession in majority of the developed world and hence it slowed economy in the developing world. It is true that globalization is linked to the global financial crises. I agree that globalization is the main culprit of the financial crises; this is largely because the agents of globalization are largely associated with the emergence of global financial crises as will be explain ed below: Main Analysis Globalization can be defined as the intensification of trade and other economic activities between countries of the globe in terms goods, services and also investment. After the cold war, majority of the countries embraced the basic principles of globalization like free trade. The plain understanding of globalization is in the perspective of free trade, the function of foreign company and trade. Globalization as a phenomenon is often linked with financial de regulation and the neo liberal economic revolution; but the Asian financial crisis, the Enron scandal and the growing inequalities together with the financial crisis have lead to more concerns on the neo-liberal strategy. The negative effects of globalization on a national economy can be so disastrous according to the works of Joseph Stiglitz. There has been a lot of opposition to globalization since it is associated with the volatility of commodity prices and its impact on the distant economies. The ever spiraling increase in the global prices of food and fuel is considered a result of globalization. In the 2008, for example, the surge in the prices of fuel and food commodities which are the fundamental commodities in the global market negatively impacted on the world economy. The main reason why there was an increased volatility in the global market during the 2008 financial crisis as opposed to other crisis is due to the globalized economy (Turner and Khondkar 42).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Globalization has eroded the powers and the sovereignty of the state, the role of the state to regulate and to steer forward the economy has been largely ignored at the expense of the market, these are the problems and the vulnerabilities that often emerge as a result of the globalization of the world economy. Financial liberalization involves the elimination o f tariffs, and duties have resulted in an unrestricted cross border transaction. The 2008 economic crisis was largely associated to the collapse of the Lehman bothers, which was the largest American investment bank; this brought to fore the function and the capacity of state institutions and revived the debate that despite the growth of globalization forces, there should always an efficient state structure (Turner and Khondkar 58). The trend of globalization had been increasing after the end of the cold war when America was declared the world superpower following the collapse of the USSR. This trend of globalization had been characterized by the increasing levels of trade, intensified movement of people and the advancement of technology that has brought the people and the entire world into a closer economic, political and cultural unit. It is this increasing independence that led to the 2008 global financial crises due to the fact that the monumental accumulation of global debt in t he American financial institutions was unsound. The 2008 economic crisis had roots in the 1997 financial crisis in the Asian region; after the collapse of the Asian markets, people opted for the USA as a favorite investment destination. This led to the increase in the value of stock market and the rise in the price of housing. This movement of capital from one location to another like for example the Asian Region to the US was made possible by globalization and hence globalization is directly linked to the global financial crisis of 2008 (Bulliet et al 824). The institutionalization of global phenomenon like the financial globalization has contributed to the increase in the inequality gap between the developed and the developing countries; this is largely associated with international capital flows. Financial globalization was touted as the best mode of enhancing savings, relax the credit stress, and improve the income of the developing countries and to stimulate economic growth.Adv ertising We will write a custom research paper sample on Is Globalization the Main Culprit for the 2008 Global Financial Crisis? specifically for you for only $16.05 $11/page Learn More This was never to be the case as financial globalization could not meet these expectations but instead it helped intensify economic instability. Trade liberalization together with its expected impact like prospect of economic growth, employment and income inequality came under close scrutiny. The emergence of financial globalization and wealth inequality has resulted in the unequal flows of capital and also uneven progress in the opening of capital accounts; unlike in Asia and Western countries, those of Africa and the Latin America have lagged behind in opening their capital accounts. The world has witnessed uneven financial globalization which is linked to the global financial crises (ILO report 39). Emmerich and the group in their book titled Globalization 2.0: roadmap to the future from leading minds have identified seven virtues of globalization and in these virtues, one has been linked to the global financial crisis, and this is the thrift; Emmerich, Ijioui and Ceyp related this virtue with 2008 global financial crisis and the increasing opulence in some parts of the world. They argued that in the western world, people had socialized themselves with the period of cheap money and hence they considered it primitive to save money leading to the decline in savings in Anglo-Saxon countries like the Britain, Canada and the US. These countries were paragon of economic and financial culture and hence they adopted the culture of non-saving. When the global recession hit, commercial banks had run out of savings, the population had little to spend and hence generally low liquidity level which resulted in the collapse of commercial banks (Emmerich, Ijioui and Ceyp 80). When the global financial crisis is analyzed in the context of globalization, then the ins tability that is created by the speculation about trade is worth mentioning.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The global financial crises did not only concern the financial markets but also the international institutions and its productive structure since globalization is controlled at the core and its effects will only be triggered at the center and will be felt across the globe as exemplified by the 2008 crisis that was triggered by the financial markets in the USA and was felt all over the globe. Due to the forces of globalization, financial crisis can be mad-made; the realization that the global world desperately needs oil and the fact the Washington consensus legalized trade liberalization makes the world vulnerable to the whims of cartels, especially if they have the knowledge and the ability to determine the timelines of the speculative course and the subsequent collapse of the speculation who can take advantage of speculative trade to push the prices of crude oil upwards (Chodussudovsky 1). Conclusion The occurrence of the global financial crisis in the year 2008 was considered glob alization at its death-bed; there was an imminent dissolution of the globalized world. This was further exacerbated by the fact that the global financial crisis was followed by the world economic crisis, which was a reflection of how the global chain reaction can be triggered and can interact to pull a destructive fashion. There have been some demands that the goals of globalization should be redefined that is; world leaders should consider other ways of cooperation and also they should create institutions that should be used in solving international disputes. With the current developments with regard to the three forms of globalization; global markets, infrastructural development and global corporations, then the future appear bleak since these forms of globalization are man-made and hence volatile and prone to suffering from the vagaries of nature. Globalization has led to simultaneous impoverishment of individuals from different nations largely due to the global market mechanism factor. The several global financial crises are not only due to the volatility of the financial markets but also due to the collapse of state institutions and the development of rapid profit ventures. Bulliet et al. The Earth and Its Peoples, Volume 2, 5th Ed. New York: Cengage Learning, 2008. Print. Chodussudovsky, Michel. Global financial meltdown. Global Research, 2011. Web. https://www.globalresearch.ca/global-financial-meltdown/10268 Emmerich, Heike., Ijioui, Raschid and Ceyp, Michael. Globalization 2.0: A Roadmap to the Future from Leading Minds. New York: Springer, 2009. Print. ILO report. world of work report; income inequalities in the age of globalization. ILO Report, 2008. Web. ilo.org/inst/langen/index.htm Turner, Bryan and Khondker Habibul. Globalization East and West. New York: SAGE Publications Ltd, 2009. Print.

Case Study in Human resources Management Example | Topics and Well Written Essays - 750 words

In Human resources Management - Case Study Example He wants fast results in order to start a change management movement at Utilities Co. The downsizing plan includes two phases. Phase one gets rid of employees through voluntary redundancies. Phase two involves eliminates workers by targeted redundancies. The company is also in the middle of a labor negotiation for a new EBA. The old EBA is about to expire. The company has many problems that require immediate attention by the company. The firm faces an expiring EBA. The negotiations between the union and the company are not going well. It has gotten so bad that negotiations were suspended indefinitely. With an expired EBA friction between the union and management could escalade and lead to a strike. A strike is a very undesirable outcome because it can cause operational shutdown. .A second problem the company confronts is low employee morale. Employees that have low morale are less productive than motivated workers. â€Å"Low morale can be destructive in a business setting and can lead to dissatisfaction, poor productivity, absenteeism and even turnover† (Richards, 2013). A third problem Utilities Co. faces is an increase in mental illnesses among the staff including anxiety, sleeping disorders, and depression. Another health related problem present at the company is stress. These mental health problems are a serious affair that must be attended because these employees can become a risk factor for the company. The medical premium of the company can increase significantly due to higher usage of the employee medical plan. The company also has to protect itself against legal liability because the profile of undesirable employees has a very high frequency of older employees. A full implementation of the layoff plan could lead to a class action suit for age discrimination against the firm. A lawsuit can lead to monetary losses and it hurts the corporate image of the organization. Utilities Co. has to take some immediate action to change the organization to

Compare and Contrast the Classical, Human Relations, and Systems Essay

Compare and Contrast the Classical, Human Relations, and Systems Approaches to Organization and Management - Essay Example One of the most important and central part of the study of management and organization is based upon how the overall management thinking has evolved over the period of time. Managers therefore must be able to keep themselves updated with the changes in the way management thinking has evolved over the period of time. This allows managers to actually get an insight into how the management has actually changed while facing different issues and challenges. The more managers know about management and organizational methods and operations, better they will be at making critical and important decisions. This knowledge also allows managers to make effective decisions and contribute positively towards the overall development of the organization. It is therefore critical that the overall developments made in the field of management and organizational thinking should be traced. Over the period of time, four important approaches towards organization and management have evolved. These include classical, human relations, systems and contingency approaches towards management and organization. All these approaches evolved as a result of different changes taking place within the domain of organizational development. Issues like leadership, employee motivation, performance, compensation etc dominated the way these approaches gradually evolved and matured over the period of time. Based on these approaches a comprehensive framework evolved regarding theory about management. Classical approach towards management and organizations view purpose of the organization as an essential element to understand as to how organization work and what methods can actually be adapted in order to improve the efficiency and work. Identification of purpose of the organization was also based upon crystallizing the roles and responsibilities within the organization. Since classical approach viewed organization having formal structures therefore it was important that clear roles and responsibilities should be identified first. These roles and responsibilities however, based upon first identifying and refining the purpose of the organization. Scientific management and bureaucracy are the two sub-groups of the classical approach and both the sub-groups have their own merits and de-merits. One of the key arguments of the writers on classical approach was based upon the notion that improving the management will actually improve the performance and the organization. F.W. Taylor was one of the key writers during that era outlining different principles which governed the scientific management approach within classical school of management. He advocated the implementation of scientific methods for selection and hiring of the workers while at the same time also suggested same approach for training and development of workers also. (Crainer, 1998) Classical approach however, visualized organizations and management as entities which can control the behavior of their workers. One of the key criticisms of this approach was therefore based upon the notion that labor workers may react strongly against the management principles of control. The creation of multiple layers of management in order to oversee and supervise the work was considered as essential in order to generate more efficiency and make workers productive. In nutshell, it can be argued that the classical approach was largely based upon the use of scientific methods of management with focus on improving effic iency and productivity by using scientific methods. The Human Relations Approach The main emphasis of classical