New Recession Worry Bank Fails Free Essays

The article â€Å"New Recession Worry: Bank Fails† by Chris Isidore discusses construction loan problems and negative effects they have on performance of smaller and mid-size banks. The economic impact of loan problem is evident – economic analysts assume that they may result in serious credit crunch. Therefore, the overall financial system is being endangered by instability and possible financial loses. We will write a custom essay sample on New Recession Worry: Bank Fails or any similar topic only for you Order Now    Isidore, the author of the article, stresses that there is a need to fight strong headwinds as the risk of capital shortfalls is rising. If not managed, the situation will definitely lead to failure of national banks. The Federal Deposit Insurance Group reports that the number of problem institutions has jumped after the loan crisis of 1980s. More than 75 banks are experiencing serious troubles. During the regular hearing on the state of the baking industry, it was reported that the mentioned 76 banks were likely to be a smaller part of the overall problem which inflicts banking sector. Many banks are really worrying about their financial stability as there is a real chance to go bankrupt. If within the next two years the number of problem institution raises up to 200, the flood of banks will lead to SL crisis. For example, the years of 1989 was marked by a failure of more than 200 banks. (Isidore 2008) Jaret Seiberg, financial services analyst, argues that troubled banks should be purchased before they go bankrupt. He says: â€Å"Many of these banks are highly dependent on construction lending, and that’s the area of lending that is likely to come under the most stress†. (Isidore 2008) The positive moment is that experts argue that not all banks will fail. For example, in 2007 only 3 banks failed, despite about 50 banks were listed to fail at the end of the previous year. Only Douglass National Bank in Kansas City has failed this year. Nevertheless, the problem exists and the head of the FDIC decided to hire 25 staffers to deal with increase in bank failures. In such a way, the staff will be increased by 11% improving performance. The idea is to hire retirees who have managed to deal the S;L crisis. Of course, smaller banks are at higher risk to fail, not the global ones. Isidore says that smaller banks are â€Å"big players in the business of construction loans made to homebuilders – loans that were backed by new homes now worth a fraction of the original estimated value†. (Isidore 2008) Economic experts admit that the number of construction loans has spiked. For example, in the past six months 7.5% of single-family construction loans were violated. I agree with the author that small and mid-size banks are the most endangered as they have less opportunities to cope with financial crisis and they need more time to restore their current positions. Moreover, credible reputation will be under the question. I think that even non-residential developers, who seem not to be hurt, may suffer from loan problems.   Isidore also supports this idea writing that â€Å"the demise of smaller lenders probably won’t have as noticeable impact on the national level, but in a lot of local markets around the U.S. it will be felt†. (Isidore 2008) Further, I want to add that smaller banks are also marked by the greatest economic weakness and they are more likely to fail, but the customers have the chance to save their deposits. I would recommend developing better security policies in case of financial and economic crisis. Smaller banks should be more careful in providing new loans and credit as they may loose money in case of credit crunch or new loan problems. Works Cited Isidore, Chris. 2008, March 3. New Recession Worry: Bank Fails. Available at http://money.cnn.com/2008/03/03/news/economy/bank_failures/index.htm?postversion=2008030316 Accessed March 10, 2008.                      How to cite New Recession Worry: Bank Fails, Essay examples

Reason of Export and Import in Countries

Question: Discuss about the Senario for Reason of Export and Import in Countries. Answer: Introduction International trade can be defined as the exchange of products and services across the countries for the economic growth and development of the nations. International trade facilitates in the development of global economy and obtaining a control over the supply and demand of products and services. Trading activities are essential for uniform distribution of natural resources, climatic conditions and technologies across the world. International trade includes importing and exporting of products and services across national territories (Introduction to International Trade, 2010). In this context, the present essay is about gaining an in-depth understanding of the reason for countries involved in import and export activities. Reason for Import and Export in Countries Countries around the world mainly import the products and services that are not domestically produced and are necessary for the development of another commodity. Importing can be described as purchase of foreign goods and services in the domestic market of buyers The main benefit realised by the countries through importing is achieving economies of scale. Economies of scale is achieved through gaining cost advantage by importing products and services that are available at a relatively lower cost in other country as compared to its domestic price. For example, labour cost is comparatively less in Australia as compared to other developed countries (The benefits, challenges and opportunities of importing, 2013). The procurement of lower priced products and services increases the profitability of the industries in a nation thus enhancing its economic growth and development. Importing also facilitates nations to achieve competitive advantage through gaining access to unique products and s ervices that were not available within their territory (Cavusgil et al., 2014). Import activities of a nation also lead to the increase in quality of domestic products as they have to compete with the imported goods. Thus, domestic producers of a nation have their efficiency in order to compete with the quality of products and services imported from overseas. Import of goods and services relatively unavailable domestically becomes compulsory for the nations that may be required for the production of another commodity. There are specific advantages available in a particular country such as presence of skilled workers and advanced technologies that may be in deficit within other countries (Seyoum, 2009). There is wide availability of natural resources such as fossil fuels, timber, fertile soil and minerals in some countries that may be required by foreign nations in production of certain goods and services. Similarly, some countries have highly developed infrastructures that enable them in the production of complex goods and services (Cavusgil et al., 2014). On the other hand, exporting involves sale of goods and services by a nation to a foreign nation for income generation. The goods and services that have high demand in the foreign nations are generally exported by the domestic country to earn profits (Cavusgil et al., 2014). The main advantage achieved by nations through exporting activities is inflow of foreign currency helping them to achieve economic stability. Export helps the nations to get rid of the excess production of certain goods and services that may not be available in other countries and thus achieving profitability. High exports by a country results in creation of more employment opportunities for the domestic economy. For example, it is estimated that about 4.926 million people are employed in the United States on account of exporting activities (Langenfeld and Nieberding, 2005). Countries are involved in exporting and importing activities mainly to gain access to the global market. It helps the nations to trade globally and gain an exposure of the various opportunities present in the foreign locations that may help them to grow economically. Imports and exports carried out by a country are accounted in its current account in the balance of payments (Dridi and Zieschang, 2002). The international trading facilitates nations to gain access to the best possible products and services worldwide at the best possible cost (Shenkar and Luo, 2008). Global trading has ensured the availability of every type of product or service in the international market such as food, cloth, oil, jewellery and many others. The main services that are traded globally include transportation, skilled manpower, banking and many others. International trade is also very beneficial to maintain price stability of products and services by exporting surplus products and importing them in case of deficiency. Thus, exporting and importing activities lead to reduction in operational risk for business entities as they gain easily gain access to product and service from the international market required by them (Trent et al., 2009). Export and import activities also provide encouragement to global economies for gain access to the opportunity of Foreign Direct Investment (FDI). Foreign Direct Investment can be stated as the amount of money invested by a country in the business procedures of another country through acquiring stake or complete ownership. FDI can be regarded as the way through which foreign expertise and currencies can gain entry in the domestic market of a country sustaining its economic growth and development (Buthe and Milner, 2008). FDI provides competitive advantage to a country by enhancing its gross domestic product through raising employment level. FDI encourages growth and expansion of companies enhancing their profitability and thus increased revenue generation for the domestic country (OECD, 2009). Developing countries lacking the presence of any resource can always have a comparative advantage of gaining access to the deficit resource through trading with advanced economies. In this context, the law of comparative advantage states that even countries producing goods and services efficiently can benefit from getting involved in trading activities. This is achieved through maximising the wealth of a nation by diversifying its resources in most competitive industries (McDonald, 2012). Countries can heavily benefit from the diversification achieved through export and import of products and services. The large dependence of a country on few resources makes it more susceptible to market forces such as recession, introduction of new trade laws and technologies. The decline in the demand of a product and service on which a country is largely dependent will negatively impact its economic growth. Thus, international trading helps in the development of a diversified economy that will hel p in ensuring that downturn of some industries would be balanced by the growth and development of other competitive industries (Meja, 2011). The import and export of goods and services also helps the countries worldwide to gain knowledge of the cultural values and beliefs of the foreign nations. This helps them to produce the goods and services in accordance with the taste and preferences of people. Thus, exporting countries involved in manufacturing of goods and services can gain advantage through obtaining knowledge of the global cultural diversity (Mac-Dermott and Mornah, 2014). Import and export activities are also essential to be carried out by the nations for eliminating monopoly that restrict wealthy nations to establish their monopoly in the market. Also, global trading facilitates countries to develop cordial relations with foreign countries that can help them to gain access to better educational opportunities and achieve international peace. International trade of goods and services through export and import also help nations worldwide to raise the living standards of people. The increased availability of resour ces enhances the productivity resulting in increase in per capital income leading to economic prosperity (Coats and Brady, 2015). International trading has also helped in the globalisation of economies by connecting different countries across the borders. Multinational companies of a country enjoys numerous benefits from the globalization process as they can gain access to better quality products and services from the developing countries at reasonable prices (Mac-Dermott and Mornah, 2014). Large corporations can take advantage of lower cost of labour and operational costs in the developing economies thus enhancing their productivity and profitability (Shenkar and Luo, 2008). The benefits realised by the nations through export and import of goods and services has been evaluated and examined by international trade theories such as classical trade theory, factor proportion theory and product lifecycle theory. Classical theory states that extent of international trade in a country are related to its trading pattern with other countries. The theory states that countries are only able to gain economic advantage by trading from other country only if both are actively involved in sharing of resources with each other (Dimand, 2004). The theory mainly emphasises that international trading activities involves production of goods and services by a nation having a competitive advantage over them and thereafter exporting of surplus products. Thus, as per classical theory economic advantage or disadvantage of a country mainly refers to the differences in factors such as resources, labour, capital or technology (Dimand, 2004). On the other hand, factor proportion theory emphasises on the presence of difference in economic advantages exhibited by the trading nations. As per the theory, countries across the world are continuously involved in the production and export of goods and services for which they have wide availability of production factors (Kjeldsen-Kragh, 2002). They import generally the goods and services requiring large amount of production factors that are in deficiency in the domestic market. Thus, the theory extended the concept of economic advantage by emphasising on factors of production (Kjeldsen-Kragh, 2002). Product life cycle theory also focused on explaining the patterns of international trade and expansion of multinational firms through global trade. The theory stated that trade cycle of a product and service initiates from its production by the domestic firm, then by a foreign firm and at last anywhere around the world offering best possible cost advantage. It also take into account th e reason for export of surplus products and services by a country and then after its import in case of deficiency. Product life cycle theory was mainly based on emphasising the concept of technological innovation and market expansion for determining the international trade patterns. This is because technology innovation results in the development of high quality products and services and market size helps in determining the extent of trading activities (Bhat, 2010). Countries around the world try to indulge more in exporting activities in comparison to import activities. This is because exporting leads to increased revenue generation for the countries. Nations involved in import although gain access to better resources for production of goods and services but it ultimately leads to income deficit in a country. The excess of import activities in a country in comparison to export activities means that more money is going to that gained through exporting. The country involved more in exporting activities as compared to that of importing have more economic prosperity as it leads to creation of more employment options, production and enhanced profit margins (Capela, 2011). The gross domestic product (GDP) of a country increases through enhanced exporting activities thereby making a nation wealthier. However, the countries involved in international trade activities have to also face trade barriers that hinder the free trade activities across the natio ns. Tariff, a special type of tax is imposed on goods and services exported and imported from a country. These types of barriers often restrict the international trade activities and most seriously impact the economic development of developing countries. In this context, World Trade Organisation (WTO) facilitates and promotes free trade activities in all areas of commerce including tariffs and subsidies (McDonald, 2012). Conclusion Thus, it can be stated from the discussion held in the above essay that nations are involved in export and import of goods and services for their economic growth. The main benefits achieved by the countries through global trading are diversification of risk, achieving competitive advantage and economies of scale. Also, the countries involved in international trade should strive to maintain a balance between their export and import activities. This is necessary so that import activities of a country do not exceed the export activities otherwise money leaving from a country will outweigh the incoming money. References Bhat, M.K. 2010. International Trade Financial Environment. Ane Books Pvt Ltd. Buthe, T. and Milner, H. 2008. The Politics of Foreign Direct Investment into Developing Countries: Increasing FDI through International Trade Agreements? American Journal of Political Science 52 (4), pp. 741762. Capela, J. 2011. Import / Export For Dummies. John Wiley Sons. Cavusgil, S. T. et al. 2014. International Business. Pearson Australia. Coats, S.D. and Brady, K. 2015. Consumer Benefits from International Trade. [Online]. Available at: https://www.jec.senate.gov/public/_cache/files/952113f2-9deb-4642-914c-e291d55f0d1b/may-14-2015-republican-staff-analysis-consumer-trade-benefits.pdf [Accessed on: 12 August 2016]. Dimand, R.W. 2004. The Origins of International Economics: Classical theory of the gains from trade. Taylor Francis. Dridi, J. and Zieschang, K.D. 2002. Compiling and Using Export and Import Price Indices. International Monetary Fund. Introduction to International Trade. 2010. [Online]. Available at: https://www.uob.com.sg/assets/pdfs/corporate/corporate/TradeTutorials_Introduction.pdf [Accessed on: 12 August 2016]. Kjeldsen-Kragh, S. 2002. International Economics: Trade and Investment. Copenhagen Business School Press DK. Langenfeld, J. and Nieberding, J. 2005. The Benefits of Free Trade to U.S. Consumers. [Online]. Available at: https://courses.wcupa.edu/rbove/eco338/050trade-debt/freetr/050700benefits.pdf [Accessed on: 12 August 2016]. Mac-Dermott, R. and Mornah, D. 2014. The Role of Culture in Foreign Direct Investment and Trade: Expectations from the GLOBE Dimensions of Culture. Open Journal of Business and Management 3, pp. 63-74. McDonald, B. 2012. International Trade: Commerce among Nations. [Online]. Available at: https://www.imf.org/external/pubs/ft/fandd/basics/trade.htm [Accessed on: 12 August 2016]. Meja, J. F. 2011. Export Diversification and Economic Growth: An Analysis of Colombias Export Competitiveness in the European Unions Market. Springer Science Business Media. OECD. 2009. OECD Investment Policy Perspectives. OECD Publishing. Seyoum, B. 2009. Export-import Theory, Practices, and Procedures. Taylor Francis. Shenkar, S. and Luo, Y. 2008. International Business. John Wiley Sons. The benefits, challenges and opportunities of importing. 2013. [Online]. Available at: https://www.anzbusiness.com/content/anz-superregional/expanding-offshore/importing/the-benefits-challengesandopportunitiesofimporting.html#.V614Uk197IU [Accessed on: 12 August 2016]. Trent, R.J. et al. 2009. Managing Global Supply and Risk: Best Practices, Concepts, and Strategies. Ross Publishing.

Functions of political parties

Great Gatsby Quote Analysis Essays

Great Gatsby Quote Analysis Essays Great Gatsby Quote Analysis Paper Great Gatsby Quote Analysis Paper Triple Entry Notebook -July 4, 2014 F. Scott Fitzgerald, The Great Gatsby. Chapters 1-2. 1 . In my younger and more vulnerable years my father gave me some advice that Ive been turning over in my mind ever since. Whenever you feel like criticizing any one, he told me, Just remember that all the people in this world havent had the advantages that youve had. (1) 2. And so with the sunshine and the great bursts of leaves growing on the trees, Just as things grow in fast movies, I had that familiar conviction that life was beginning ever again with the summer. 12) 3. Well, these books are all scientific, Insisted Tom, glancing at her Impatiently. This fellow has worked out the whole thing. Its up to us, who are the dominant race, to watch out or these other races will take control of things. (20) : 1. This quote begins near the start of the novel. Nicks father tells Nick that before he judges anyone he should keep in mind that not everyone has had as many advantages as he had. What this means is that Nick should be empathetic to others and consider their upbringing before chastising them. Nick says that his fathers advice has been in his head wrought his entire life since he first heard it. This makes me think that Nick swears by this advice and carefully adheres to it throughout his life. I want to know more about Nick and If he really does follow this advice because it seems like a very hard quote to stand by. 2. This quote Just makes me want to know even more about Nick than before. The quote makes me think that perhaps this summer is Nicks chance to be successful at something and that he wants to change something about his life. It is also telling us that the novel will be set (or at least start) in summer. The time this book was set in as the roaring twenties and the most exciting things happen in summer such as parties and going outside. This makes me think that the book will be very exciting and enjoyable to read. I can really picture the setting that Fitzgerald is setting because of the exciting, vivid imagery (And so with the sunshine and the great bursts of leaves growing In the trees ). 3. My pollen of Tom Is already very poor because of this quote. After reading this quote my mental Image of Tom is an Ignorant, arrogant, and racist man. He seems like a pseudo-intellectual and tries to sound smart by Insisting that his pollen on there races is well founded by scientific books. I feel like he already felt that he was books simply provide assurance and gives him an excuse to think this way. I think that Tom will be one of the significant characters in this narrative because hes rich, powerful and lives close the main character, Nick. His arrogance will probably lead to conflicts later on. Group Discussion: -Daisy knows that Tom is cheating on her but refuses to acknowledge it because she feels a sense of duty towards him since shes his wife. This is because of societies view on women during this time period, men had more power and women were expected to look after their husband and stay with him through thick and thin. Gatsby is a mysterious character that nobody actually Knows. The only thing people have heard about Gatsby are rumors and it makes the reader want to know even more about Gatsby -Daisy cynically says that she wants her daughter to grow up pretty and dumb Just like her. She says this because in their society the only way for a woman to be rich and live a comfortable life is to be attractive enough to be a rich mans wife or to be born into. -After hearing a few more thoughts on Daisy my opinion of Daisy changed. I still think that she is careless and very materialistic but now she has a good reason to in my mind. There are not a lot of options for women in this setting so I cant really blame her for being the way she is. Triple Entry Notebook -July 7, 2014 Chapters 3-7. 1 . The caterwauling horns had reached a crescendo and I turned away and cut across the lawn toward home. I glanced back once. A wafer of a moon was shining over Gatsby house, making the night fine as before, sudden emptiness seemed to flow now from the windows and the great doors, endowing with complete isolation he figure of the host, who stood on the porch, his hand up in a formal gesture of farewell. (51) 2. I am one of the few honest people that I have ever known (54) 3. The truth was that Jay Gatsby, of West Egg, Long Island, sprang from his Platonic conception of himself. He was a son of God?a phrase which, if it means anything, means Just that?and he must be about His Fathers business, the service of a vast, vulgar, and meretricious beauty. So he invented Just the sort of Jay Gatsby that a seventeen year old boy would be likely to invent, and to this conception he was faithful to the end. (82) 1. This quote, to me, truly illustrates how fake Gatsby life is and how lonely he is. After the exciting and extravagant party Gatsby silently waves good-bye at his guests. He barely participates in his own parties and it seems like he Just throws the parties because he feels like thats what he should be doing with his excess money. Gatsby has these parties every weekend and no one even knows who he is yet. Throughout the party people Just talk about the newest rumor they heard about Gatsby. Gatsby never meets with anyone and actually talks to them. To his party goers hes Just the mysterious guy who throws the party. Putting this all together I think that Gatsby is very lonely because he does not have any friends and probably feels incredibly isolated and lonely inside his gigantic house. 2. Nick is being hypocritical when he says that hes one of the few honest people hes ever met. He is pursuing Jordan while writing love notes to a girl back at his old home. He is basically tricking/lying both of these girls and is anything but honest. Before this I placed a lot of trust in Nick. He seems to be a spectator in this book rather than an actual character. All he does is stand by quietly and make silent observations unless someone talks to him first. After reading Nicks lie I am going to be more careful and stop blindly trusting everything Nick tells us about whats going on in his life. I can relate to what Nick says about everybody thinking they have at least one good virtue to themselves. Nobody is perfect and they know that so they try to find a redeeming quality in themselves. 3. Gatsby has longed for the American dream since he was a teenage boy. He saw that his parents were poor and looked down at them. He did not want to be as poor as they are and so he invents a new name and persona for himself. James Gate is poor and imperfect whereas Jay Gatsby is rich and powerful. Its not uncommon for the average person to dream about being rich and powerful but the fact that Gatsby followed through with his hopes and dreams to the very end is admirable. I understand that he doesnt want to be poor anymore but he should have at least appreciated his parents for raising him to the best of their abilities. -Tom freaking after Daisys affair with Gatsby was unjustified. He was perfectly okay with openly cheating on Daisy with Myrtle but once she cheats on him he becomes distraught and feels that he didnt deserve it. He feels this way because of the way their society has placed man and woman. -Nicks comment about him being one of the few honest people he has ever met is a change. Throughout the novel so far he always puts himself down and is incredibly modest.   Is this significant? Does it symbolize a change in Nicks character or has he always Just felt this way? -The scene where Nick describes Gatsby amazing smile tells us that Gatsby appears a very charismatic man. Even though Nick says Gatsby has one of the most genuine smiles hes ever seen I still doubt that Gatsby was actually smiling. I think that he smiles the way rich people will smile Just like how he throws parties the way he thinks rich people throw them. Triple Entry Notebook July 8, 2014 Chapters 8-9. 1 . Theyre a rotten crowd, I shouted across the lawn. Youre worth the whole damn bunch put together. Ive always been glad I said that. It was the only compliment I ever gave him, because I disapproved of him from beginning to end. First he nodded politely, and then his face broke into that radiant and understanding smile, as if wed been in ecstatic cahoots on that fact all the time. (124) 2. They were careless people, Tom and Daisy?they smashed up things and creatures and then retreated back into their money or their vast carelessness, or whatever it was that kept them together, and let other people clean up the mess they had made. (143) 3. And as I sat there brooding on the old, unknown world, I thought of Gatsby wonder when he first picked out the green light at the end of Daisys dock. He had come a long way to this blue lawn, and his dream must have seemed so close that he could hardly fail to grasp it. He did not know that it was already behind him, nowhere back in that vast obscurity beyond the city, where the dark fields of the republic rolled on under the night. Gatsby believed in the green light, the orgiastic future that year by year recedes before us. It eluded us then, but thats no matter tomorrow we will run faster, stretch out our arms farther And one fine morning So we beat on, boats against the current, borne back ceaselessly into the past. (144) 1. This is a very strong statement/compliment from Nick. First of all Nick has never given a compliment to Gatsby so it sounds very genuine. Second of all this is the first mime Nick has made an open Judgment after keeping all his thoughts to himself rich that he has lost his innocence and more aware of how the real world is. I think that after reading Nicks experiences he is fully Justified in what he says and the rich (in the story) truly are rotten people and Gatsby is the only redeeming person out of all of them. 2. Tom and Daisy are incredibly inconsiderate and empathetic. They are used to getting what they want all the time and so they have become this way. They create a huge mess and expect other people to handle the cleanup. At this point of the novel I Lully dislike the Buchannan, more so Tom than Daisy though. I was shocked at how little Daisy seemed to actually care about Gatsby. After reading about how she almost cancelled her wedding with Tom after she received a letter from Gatsby or how she proclaimed that she loved him after their reunion I could not believe that she did not even go to the funeral or even call. I understand that she is probably shocked by all the events that happened (the car crash + Gatsby death most of all) but all she is doing now is trying to forget about it completely and move on with her life like nothing happened. I did not expect Tom to care or even acknowledge that he was at fault for Gatsby death but I expected more from Daisy. 3. This is the last line of the novel. Nick has come to the realization that the American dream is simply that, a dream. He has witnessed the darkness and sadness in pursuing the American dream. He sees that the Buchannan are an extremely dysfunctional and unhappy family even though they seem to have it all, he sees Gatsby struggle in obtaining the dream. Gatsby had almost achieved the perfect American dream in his mind. All he needed was Daisy and his dream would be complete. Well turns out that through all his years of pursuing the dream he had built up Daisy so much in his head that she could not possibly live up to his expectations. Once he finally had Daisy he should have been happy but he wasnt, all he felt was disappointment. I think that the American dream exists because the prize is amazing. In addition as Nick says, everyday it seems that we are closer to obtaining it so we try harder and harder to obtain it in the hopes that one day well wake up and have it. I think becaus e of the events Nick went through he became corrupted and cynical of the world. Gatsby lived in the past and thats one of the reasons why he couldnt achieve his American dream. He was chasing something that was not there anymore -It was sad to see Gatsby watching out for Daisy at her house to ensure her safety and take the blame for hitting Myrtle. He truly loved her and I think at the moment where he saw Daisy acting like nothing happened, eating fried chicken with Tom was the moment that he realized that she did not love him as much as he thought she did. -Nick has seen the dark side of the rich and because of this he has been internally corrupted

CASE STUDY ON HAITIAN CULTURE Example | Topics and Well Written Essays - 500 words - 1

ON HAITIAN CULTURE - Case Study Example vies of homosexuality, possible reactions from Ronald’s parents, cultural congruent strategies to address in designing HIV prevention strategies in the Haitian community. The Haitian dominant culture is based on the Voodoo religion that accepts homosexuality. According to the culture, any sexual orientation is acceptable. There are however contemporary divergent views of homosexuality as some members of the culture are opposing homosexuality. Christian is however the basis of the opposition against homosexuality in the Haitian culture. Appert explains that Haitians have associated calamities that they face with the Voodoo culture and argued that a transition to Christian values would relinquish the nation’s calamities (2011, pp. 59, 60). Even though no legal provision prohibits homosexuality, very few Haitians support the sexual orientation and the religious orientation, about 80 percent of Haitians being Catholics, explains the little support. Homosexuals have also often faced persecution because of their sexual orientation (Podcast, 2013, pp. 1). If Ronald’s parents learnt of his HIV status and they were religious, they would condemn him for his promiscuous behavior, especially because the religious orientation does not support his sexual orientation. The fact that Ronald is not yet married would also identify his HIV status with sin, despite his sexual orientation. His parents would therefore have a negative attitude towards him for going against God’s commands. The fact that Haitians have associated calamities with sins would motivate the parents’ negative attitude because they would fear God’s wrath (Appert, 2011, pp. 59, 60). Religious command for forgiveness would however mediate the negative attitude, but a level of stigma is likely. Being traditional, Ronald’s parents would be indifferent regarding their son’s actins into contracting HIV because the traditional values accept all forms of sexual orientation. The liberal perspective would

What do you consider to be the core concepts of socialism as an Essay

What do you consider to be the core concepts of socialism as an ideology - Essay Example Despite the emergence of political and economic ideologies in various countries to initiate progressive change and uplift ordinary citizens from poverty, some leaders still practice dictatorship and absolute monarchy thus stunting their country’s growth and development. There are various core concepts of socialism that defines it as an ideology. For example, it has the economic system structured in way that workers participate in a collective means of production. This technique often adopts the social ownership means of producing goods and services while engaging in cooperative management for the benefit of the economy. Similarly, by being a social ownership, socialism deals with common ownership, cooperative enterprises and state ownership. Contrastingly, as a core concept of being an economic system, the socialist ideology focuses on market planning to ensure that institutions have a productive means of serving the interests of the citizen (Carter 2003, p. 110). On that note , socialism tackles different forms of economy under the concept of the economic system to find a balance with a capitalist state that usually fleeces its citizens through serious competitive machinations. There is the planned economy where the means of production is mixed with public ownership to permit distribution and coordination and also facilitate economic planning. This differs fundamentally with the defining features of capitalism because a planned economy has two forms of planning namely the centralized and decentralized planning. Consequently, to boost production, Marxists Leninists adopted the central planning to expand the economy. However, Trotskyites preferred the decentralized planning because they felt that it could be coordinated efficiently to serve all people and also support the local economic conditions. Under the concept of the economic system, socialism is also connected to the self managed economy where only autonomous units are allowed to conduct self-regula tion and other forms of decision making (Freeden et al 2013, p. 156). This model is exemplified by a cooperative economy that connects well with a free market economy unlike in the decentralized system in the planned economy. It equally encourages the application of computers in the management of economic units because it augurs well with the new generation of workers in participatory economics. Another core concept of socialism as an ideology is it being a political theory. In other words, it is both a political philosophy and a political movement unlike its counterpart, capitalism that is fundamental economic based. In that view, it aims for a socialist state where organizations and political parties are all socialist and hence connect to socioeconomic system. Karl Mark and Friedrich Engels remain its pioneer economic theorists who castigated capitalism for its obsoleteness and lack of sustainability to enable economies prosper in the 10th century. They argued that only socialism with the concept of a political theory would overcome the contradictions of capitalism by ensuring that the working class developed a consciousness to rebel against the wage slavery (Soborski 2013, p. 180). As a result a classless society would emerge and end capitalism with its inequalities particularly its grip on production by a few industrialists. The displacement of capitalism as a core concept was also manifested in giving

Unit 6 Essay Example | Topics and Well Written Essays - 500 words - 1

Unit 6 - Essay Example Lastly, David (2011) indicates that the domestic and the international events have not ceased to augment. The organizations are being affected by these changes to a great extent; thus, making it difficult to achieve strategic evaluation. These aspects have made the set strategies impossible to implement. Even with the constant search for information, strategic evaluation has not proven to be the best measure to curb the challenges that face the organizations today. David (2011) also says that these challenges have made strategic evaluation not assess its performance effectively, as well as take the right measures that would see the survival of the organizations. An analysis of the objectives of the strategic evaluators would be a perfect move to limit these challenges. For successful contingency planning, Rao, Rao & Sivaramakrishna (2009) recommend seven steps. The first step involves identifying the favorable and unfit factors that could lead to the set strategy failing (Rao, Rao & Sivaramakrishna, 2009). Secondly, the authors indicate that is advisable to denote the factors that would elicit effects on the set strategy (Rao, Rao & Sivaramakrishna, 2009). This is to mean when the contingent events are expected to take place. Thirdly, an assessment of the implications of every contingent event is good for contingency planning (Rao, Rao & Sivaramakrishna, 2009). This step would place the planners at a good position to estimate the expected benefits and losses that could occur from the selected events. The fourth step entails designing contingent plans, then evaluating the counter effects of the selected contingency plan so as to identify which plans are the best and which ones should be overlooked (Rao, Rao & Sivaramakrishna, 2009). The sixth step involves determining the warning signals in an opportune time so as to counter them appropriately. Lastly, Rao, Rao & Sivaramakrishna (2009) indicate that developing plans to