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Essay about Illegal Global Trade
Though rarely given enough attention in the press, the global network of counterfeited goods such as prescription drugs, watches, and handbags have
become a serious problem in the world. This economic network impacts transnational economies than almost any other force because... The film Illicit:
the Dark Trade draws attention to this growing problem that affects our now globalized economy. Also, the movie is an adaption to Illicit the novel
written by Dr. MoisГ©s NaГm. The film explores a maze of illegal activities and provides evidence supporting the idea that the sale of counterfeited
goods results in government instability, money laundering, corruption and a host of other problems around the world that globalization has brought upon
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Since each state have been effected in differently either positively or negatively and in some instances both. In western states a decrease in
employment has caused many financial problems because large companies have outsourced manufacturing jobs to developing countries where cheaper
labor markets, weaker labor laws and, or environmental regulations. These new means of production have very little to no loyalty to the original
corporations and managers remove the parent company and market directly to the consumer. Sometimes this leads to the direct loss of sales which are
key factors to job losses in the United States and Europe. The numbers are derived by taking the loss of sales of a sector or a company due to
counterfeiting, and calculating the number of additional people that could have been employed with that revenue. Estimates in the United States and
Europe entail that majority of the jobs that were lost was due to counterfeiting in these two regions alone. Many people have associated the rise in
counterfeited goods with globalization. As more companies, attempt to increase their profits, by moving manufacturing companies to third world
countries with
Second to illegal drug trafficking, human trafficking is one of the fastest growing and profitable illegitimate industries earning an estimated forty– three
billion
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Advantages And Limitations Of Modenisation
Introduction
In terms of reference for this paper is to undertake Modenisation theory and outline the theory's limitations. This paper will additionally conceptualize
this theory in broader frame on its usefulness, understanding social changes at international perspective and at national level. The discussion will be
across, economic, political and cultural. Modenisation has different meanings to different theorist and people, however Modenisation is the
westernized manifesto of the year 1950s and 1960s, and it is an economic theory that is rooted in capitalism.
What is Modernisation
Historically, Modenisation is the process of change concerning social, economic, and political systems that have advanced in Western Europe and North
America from ... Show more content on Helpwriting.net ...
Modenisation impoverished Africa through colonialism and imperialism by the Western nations and this tendency is with us today as the East nations
takes shot to deplete the Africa's natural resources such as oil and minerals (Matunhu, 2011). As far as Africa would like to outgrow poverty and
underdevelopment, this however may be not possible if we still strongly believe in the power and strength of modernity. Combatting Africa's poverty
and underdevelopment includes more than a simple disarticulation of the traditional society (Matunhu, 2011). Given facts that currently China is one
of the largest trade partners with Africa, this results that China's only interest is to exploit Africa's natural resources ahead of Europe and America. The
surplus economic value that is extracted by Chinese capital may be externalized in the form of profit allowance back home and some it could be spent
on noticeable consumption (Matunhu, 2011). The theory does not reflect all these factors which drive the economy of a country up to being
modernized. Developed countries create modernity through exploitation of the disadvantaged. The core countries exploit the poor periphery countries
(Wallerstein,
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Ldcs’ Benefits And Wto Dsu . Trade Liberalization Has Been
LDCs' Benefits and WTO DSU
Trade liberalization has been exploited international trade. Protectionism, dumping, national treatment and other unfair trades are destroying those
victims as less developing countries. However, after creation, WTO has been doing its job to provide an efficiency, stable and accessible environment
to international trades. Increasing of trade laws in dispute settlement as trade–related intellectual rights, countervailing measure, national treatment,
anti–dumping and safeguard measure are evidences of their hard works. These rules are enforced through the WTO Dispute Settlement Understanding
mechanism (DSU).
Strong voice
DSU has provide to less–developing countries encouragement to participate in order defend ... Show more content on Helpwriting.net ...
In implementation stage, DSU will consideration an appropriate action for the case brought by developing countries, Paragraph 7 of Article 21.
Moreover, DSU do not only considering of trade coverage of the challenged measures, but also their impact on the economy of developing country
Members concerned, Paragraph 8 of Article 21.
LDCs Challenges and WTO DSU
Dispute Settlement of Understanding (DSU) of WTO has provided lots of benefit to developing countries, but still there are many challenges for them
to overcome.
Inadequate human & financial resources
The lack of resources of developing countries is still remain as a problem (Bohl). Under DSU of WTO, the system is moved toward to rule–oriented
system. They have created a forum with such a complex case law which requires sophisticated legal analysis, interpretation, and experts in international
law. Of course, with the greater legalization of international dispute settlement, it would not come without any costs. The demand of human resources
must be multiple if they wish to invoke the case to WTO. Besides, they also confront with financial problem in order to procedure the legal system as
they need to hire many more staffs in order to investigate, find the evidence, and so on. They also need to hire experts for advising, researching, and
doing testimony to support their case.
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Essay On First World Countries
First world countries contribute most to the problems of unsustainable development and thus they should be responsible for resolving the issues caused
by such developments, particularly when they are still having an indirect impact in promoting unsustainable development and have resources required
to counter these problems. Researchers have proved that more than the increasing rate of population in certain developing countries; it is the per–capita
negative impact that First world countries are having on sustenance of the world environment that is responsible for the climate change in the world.
According to Environmental Research Letters, seven advanced countries are responsible for 63% of the world's activities leading to global warming
(Malone 2014). Though United States emits most of the carbon and greenhouse gases but when evaluated based on national population UK has the
highest per person pollution levels. Recently some developing countries like China are catching up in pollution emission with developed countries but
yet again a large portion of these emissions in transferred to the countries that consume these products produced in developing countries (Matthews
2014). Thus as the paper states "As a consequence, a substantial portion of recent emissions from developing countries could be equally allocated to the
developed countries that consume the goods produced" (Matthews, 2014, p.8). Despite this huge amount of historical contribution in large scale of air,
water
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The Correlation Between Economic Growth And The...
One of the most highly controversial topics of our time has been about the environment, whose quality is not indicated in the measure of GDP. Some
scholars say that there is nothing wrong with our current natural ecosystem and that we should not worry, other scholars say that we should be more
concerned about our environment today than we ever were. Many studies were done to validate both these hypotheses which left people divided, but it
is always better to be safe than sorry. Economists have found the correlation between economic growth and the deterioration of our environment: "In
the quest for high rates of GDP, the human cost of producing goods and services is not set against the market value of those items." (Mahadea and
Rawat, 2008). In other words, there is a constant trade–off between sustaining economic growth and maintaining the natural ecosystem. As stated
earlier, producers are unwilling to give up their opportunity to gain more profits for the sake of sustainability. We should understand the insignificance
of overproducing and having a high GDP if in actuality the living conditions are not as good as the GDP depicts it.
Economists D. Mahadea and T. Rawat investigated the relationship between economic growth and happiness in which they found that although being
rich does make an individual happy, this extra income would not have the ability to purchase happiness once an income threshold is reached, especially
in developed countries. They concluded that
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What Is The Lowest Category Of Human Development?
1.North America, Europe, and Oceania have a majority of their countries in the highest category of human development. The lowest category can be
found in Africa. The 0.500 to 0.949 categories can be found in Asia, and South America.
2.While the concept of a developed North and developing South rings some truth since most of the northern countries on the map fall into higher
rankings in terms of human development, the southern countries are not all developing. According to the map, Australia and some portions of South
America and Asia are closer to developed than developing. Therefore, it would be inaccurate to describe the world as a developed North and
developing South.
3.Asia has the widest range of countries, ranging from developing
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The Lack Of Female Education Contraception
The possibility that a young woman does not wish to have children or does not feel ready upon marriage is essentially ignored in most developing
nations. Should a woman wish to postpone childbearing, she may encounter difficulties finding contraceptive methods. "The most commonly
reported reasons for unmet need [for contraception] are lack of knowledge, health concerns, and social disapproval" (Casterline & Sinding, 2000 as
cited in Levine et al., 2006). The lack of female education about contraception in countries where it would be of greatest aid is a major indicator of
why maternal mortality is still such a prevalent issue. In American, "woman have to get prescriptions for contraceptives from their health care
providers", and there is a multitude of information available to women who wish to use contraception (Hansman, 2014). Many women in poor areas of
developing nations do not have regular access to health care providers, resulting in both lack of information and materials to implement family
planning practices. Contraception in general is a delicate matter due to the stigma attached in societies where high fertility is culturally valued.
Reactions from "government policy [or] the way a husband might perceive his wife's use of birth control" can be deterrents for a woman to abandon her
own desires to refrain from pregnancy (Hansman, 2014). It can be argued that even if proper contraceptive methods were provided to women in
developing nations, the actual usage is
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Wto Negotiation Case Study
2. PANEL PROCEEDINGS STAGE: Special and differential treatment provisions in favor of developing countries also exist at the panel proceedings
stage in Article 8(10), 12(10), and 12(11) of the DSU. This section looks at the utility of these provisions and whether or not they are of any value to
developing countries and meet the challenges developing countries meet in the WTO dispute settlement mechanism.
Analysis of article 8(10) of the DSU: Article 8(10) provides that when a dispute is between a developing country Member and a developed country
Member the panel shall, if the developing country Member so requests, include at least one panelist from a developing country Member.
However, this provision may create perceptions of creating a ... Show more content on Helpwriting.net ...
Both provisions did not mention what 'further action' means and what kind of action may be taken by the DSB. Under both provisions, action must be
taken by the DSB and this means there must be consensus. The requirement of a consensus for further action to be taken may wipe out the chances of
these provisions ever working in practice.
OTHER PROVISIONS OF THE DSU:
Analysis of article 24(1) of the DSU: Least developed members are also granted special consideration under Article 24(1) which encourages them to
make use of good offices, conciliation and mediation before and during panel level. Finally, the WTO Secretariat provides legal assistance to developing
members but only to the extent that the impartiality of the Secretariat is not compromised. The provision effectively attempts to dissuade developed
countries from litigating against least developed countries in the event the least developed countries fail to comply with their WTO commitments.
WTO DSU REMEDIES AND DEVELOPING COUNTRIES: As we know without a remedy there cannot exist a right. A dispute system without
effective remedies will not afford any measure of protection to parties' rights and interests. Even in the WTO,
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Global Pattern of Ageing Populations
Task 1: Identify a global pattern of either youthful or ageing populations
Youthful populations are dispersed unevenly around the world. They tend to be concentrated in regions such as Asia and Africa. The least developed
the country is, the more likely is it to have a youthful population. There are a few exceptions in Asia such as China because of their one child policy
and Japan because it is a developed country. Japan is developing stage 3. South of the Sahara in Africa there is a cluster of least developed countries.
Africa mainly has youthful populations. There are no exceptions in Africa as the whole of Africa is developing or least developed. While in Asia most
of the countries are developing with a small linear pattern of least developed countries. All the areas with a youthful population tend to be least
developed.
Ageing populations tend to be concentrated in developed regions. There are three concentrations of developing countries. Such as Europe, Oceania
and Northern America, Japan being the exception because Asia is mainly a developing region. Developed countries are mainly in the fourth stage.
This means a low birth rate, a low death rate, a longer life expectancy but a higher dependency ratio. Lower birth rates and high life expectancy tend to
lead to a higher proportion of older people. There are three main clusters of developed countries in a nucleated pattern with some exceptions in Eastern
Europe. These countries consist of Ukraine, Moldova, Bosnia,
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econ case study
Kim 6
ASSIGNMENT 1
1. Chapter 1 (page 34)
1) Why is economics central to an understanding of the problems of development?
It is because that the development of a country depends on economic factors. Economics helps you to interpret how a country is developing, economic
policies of a country that determine whether or not it develops and how fast it develops if it performs. In addition, economics helps you to understand
how wealth and finance are distributed, and the causes and effects of borrowing and lending. Problems of development are like not having enough
money, economics teaches us about problems in development and so we can better interpret these problems primarily by looking at the economic
components that define the troubles. ... Show more content on Helpwriting.net ...
Rather, it has continued to insure an extremely high percentage of its population in extreme poverty in an upper middle income country, and remains one
the countries with the highest degrees of inequality in the world.
3. Chapter 2
1) According to the textbook, the problems that most developing countries have in common are poverty, high levels of unemployment and
underemployment, low levels of agricultural productivity and sizable imbalances between urban and rural levels of living and economic opportunities
(Todaro & Smith, P. 92). The most significant problem is serious poverty because every person should at least have the most basic needs such as
home, basic clothes and food.
2) According to the textbook, low levels of living is the amount of money on average a person makes in a country. (Todaro & Smith, P. 29). In my
opinion, low levels of living can exist simultaneously with high levels of per capita income because there might be a few that are earning a lot with
the majority of the population earning less. For instance, on 1980's Portsmouth, Ohio and Brazil, which is an upper medium income country with nice
levels of per capita with a bulk of its citizens living in poverty.
4) In my opinion, among health, labor productivity, and income levels, there are huge, and strong relationship because I think labor productivity
decides the income levels, and it also affects people's health. For
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Positive And Negative Impacts Of Globalization Essay
In this article, I review the literature on the positive and negative outcomes of economic globalization, and the impact on developed and developing
nations. The findings indicate a strong trend in the belief that developed countries dominate in the world of international trade, as there resources
ensure a competitive advantage over poorer undeveloped nations. In addition, it can be concluded that the great benefits of free trade, defined broadly as
"free movement of goods, services, and capital across national boundaries (what I will call "economic interdependence" or "globalization") is made
possible by lower costs of transportation and telecommunications and the gradual liberalization of markets as countries negotiate reductions in tariffs,
quotas, subsidies, and other barriers to trade"(Paul, 2015, pg 3), are mostly but not solely enjoyed by developed nations. However, there is a basic
expectation in economic theory, that international trade will allow for increased competition worldwide, thus will lead to greater productivity, higher
wages and reduction in extreme poverty (Haase, 2012). Which arguably will benefit all nations, with developing nations being no exception. In stating
this, there are many drawbacks of economic liberalisation that cannot be ignored: poverty, inequality, manipulation and closing of local industry. The
studies highlight the positive and negative impacts globalisation and free trade have on both developed and developing nations.
International
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Countries and their Level of Development: Least...
Countries throughout the world differ in their level of development; they are classified within a range of the two extremes as either LEDC (Least
Economically Developed Countries) or MEDC (More Economically Developed Countries). The Variety of economies, cultures and people make it
impossible to use a single indicator of development. Geographers use diverse Development Indicators to compare regions against each other, such
indicators include:
LEDCs exhibit the lowest socioeconomic indicators and meet the criteria of poverty, human resource weakness (nutrition, health, literacy and
education) and economic vulnerability.
On the other hand, MEDCs, also known as Developed or Industrialized countries, have high economic levels and advanced ... Show more content on
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Bad Climate can limit people's engagement in wealth generating activities such as agricultural practices. LEDCs spend much time, effort and resources
in providing food supplies, which does not help in advancing the development of the country.
Lack of resources and access to safe drinking water are another factors that hinder the development of countries. The Presence of oil in many of the
Gulf countries has pushed their economy despite the bad climate. Often any resources are sold abroad as cash crops, for instance in Kenya tea and
coffee is grown on the best farmland. Kenya has to spend valuable wealth on importing food.
Additionally, War and political instability in countries (such as Rwanda and Somalia) impedes development. International companies will most likely
avoid investing and expanding their markets towards countries that are not politically stable. Countries that were once or still conquered by another
country will often have their resources abused without having much of it deployed into their infrastructure. It can be seen that the developed counties
were the first to have a strong army and to develop weapons and tactics with which they have conquered other civilizations. The undeveloped
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Products and Services for Consumers
1.Debate the issue of global versus adapted products for the international market. A recurring debate exists relative to product planning and focuses on
the question of standardized products marketed worldwide versus differentiated products adapted or even redesigned for each culturally unique market.
Those with a strong production and unit cost orientation advocate standardization and others, perhaps more culturally sensitive, propose the policy of
a different product for each market. The issue cannot be resolved with a simple either/or decision. Cost revenue analyses need to be done and
decisions made in the hard, cold lights of profitability. There is no question that significant cost savings can be realized from having standardized...
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Industrialized countries have the highest quality image, and there is generally a bias against products from developing countries. Within groups of
countries grouped by economic development there are variations of image. For example, one study of COE between Mexico and Taiwan found that a
microwave oven manufactured in Mexico was perceived as significantly more risky than an oven made in Taiwan. However, for jeans there was no
difference in perception between the two countries. One might generalize that the more technical the product, the less positive is the perception of one
manufactured in a less–developed or newly industrializing country. There is also the tendency to favor foreign made products over domestic made in
less developed countries. Not all foreign products fare equally well since consumers in developing countries have stereotypes about the quality of
foreign made products even from industrialized countries. A survey of consumers in the Czech Republic found that 72 percent of Japanese products
were considered to be of the highest quality, German goods followed with 51%, Swiss goods with 48%, Czech goods with 32% and, last, the United
States with 29%. One final generalization about COE involves fads that often surround products from particular countries or regions in the world.
These fads are more often product specific and generally involve goods that are themselves faddish in nature. European consumers are apparently
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Relationship Between Foreign Aid And Migration
In this article Bermeo and Lebland discuss two hypotheses explaining the relation between immigration and foreign aid. They hypothesis that (1) donor
countries use this foreign aid to 'aid' or to further their own individual immigration policy goals, and (2) migrants, who have already moved, lobby their
new countries for an increase in aid to their home countries. Anti–immigration parties and policies have come out of developed donor nations including
Austria, Denmark, and the Netherlands. This social unrest stems from immigration of low skilled migrants to these industrialized countries. Many of
these new policies include increases in border security and mandating language proficiency. These countries however send a significant amount in...
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The relationship becomes stronger as donor nations' immigration policies become stricter. Therefore, when donor countries make decisions regarding
foreign aid they take into account concerns of migration. This article focusses in on different policy decisions by more industrialized nations to limit
immigration based on social concerns within their own countries; as a result, these nations give more in aid to provide incentives to potential migrants
to stay in their home countries. This policy choice relies on the Mercantilist theory of state protection. By limiting immigration to these countries, they
are restraining the number of low skilled workers allowed into the country, and are therefore following protectionist policies to defend their domestic
workers. However, the other argument made in this article suggests that once these migrant have become established in their new nations, they work
together to lobby for policy decisions benefiting their home countries' interests. This follows a more liberal theory, in that by allowing more aid to
flow into these developing countries, they can participate in the global economy on a larger scale. Additionally there can be an argument made that
these policies are a way of protecting the labor classes in the developed countries, and is therefore taking into account the
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Essay about The Shortcomings of the Current International...
The Shortcomings of the Current International Trade System
The issue of trade has been a factor in the interrelations between nations since their conception. Throughout history there have been many different
structures that encompass these trade relations. In essence, the state of trade between counties coincided with, and depended upon, their economies,
social structure, willingness to trade, and their available resources (tradable products and services). Today's trade system is still formulated by these
factors. However, there are many more concerns and actors which must be weighed. The current international trade system is, to say the least, much
more complex. In its complexity, the trade system has also inherited a very ... Show more content on Helpwriting.net ...
However, because of confusion about the implications of free trade, the ITO never came to be. Most notably, the United States and Europe (mainly
Britain) clashed in their concepts of free trade. The United States saw free trade as a great means of helping world prosperity and encouraging
peace. Europe was however skeptical of this structural change while power was so unevenly shifted in favor of the United States. With the threat of
the US slipping into another depression, which would also hurt Europe's economy, and presence of the Soviet Union's ideals lurking in the
background, a determination on trade became essential. Finally, the GATT was established with the sole concern of reducing trade barriers. After
several years of operation, the first of the South's voice would be heard as they began to complain of unfair tariffs that industrialized countries still
had in place that were detrimental to the developing counties. It was reported by an investigative committee that, "barriers of all kinds in developed
counties contributed significantly to the trade problems of developing countries." A major subject of the 1961 United Nations General Assembly was
the large trade gap between developed and undeveloped worlds. The Group of 77 (G–77), made up of developing
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Essay On How The Paris Agreement Without The Usa Impact On...
TITLE:
Paris Agreement without the United States of America: Impact on Indonesia
STATEMENT OF RESEARCH PROBLEM:
Paris Agreement as the successor of climate change agreement after Kyoto Protocol is a milestone of a significant coordination between developed and
developing countries in anticipating the threat of climate change. However, the withdrawal of the United States from this treaty after signing and
ratifying it in 2016 could impact the implementation of the agreement, particularly on the process of in developing countries, one of which is
Indonesia, to fulfill the commitment to reduce gas emissions with assistance from developed countries.
RESEARCH QUESTIONS
This research have a purpose to solve this main question:
In what ways ... Show more content on Helpwriting.net ...
Until August 2017, 159 parties of 195 countries that adopt the Paris Agreement have ratify this agreement, including United States of America and
Indonesia.
The United States of America as a developed country and also the second most polluter country have sign the Paris Agreement on 22 April 2016 and
ratify it on 3 September 2016. Since the United States of America join the Paris Agreement, its Nationally Determined Contribution has a target to
reduce greenhouse gas emission by 26–28% below the emission level on 2005 in 2025. As a developed country, based on Article 9 of the Paris
Agreement that mention the developed countries should provide financial resources to assist the developing countries to meet their goals in countering
the climate change, the United States of America also submitted a commitment of US$3000 million as part of the Green Climate Fund. Indonesia is an
archipelago state with the second longest and low beach in the world and also a tropical country with vast forest and peatlands, thus make Indonesia
vulnerable to climate change. Regarding these circumstances, Indonesia has a high concern on climate change agreement such as the Kyoto Protocol
and the Paris Agreement. Therefore Indonesia signed the Paris Agreement on 22 April 2016 and ratify it on 24 October 2016. To support the Paris
Agreement goals, Indonesia submitted the Intended Nationally Determined Contribution which mention the commitment of the Government of
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Mexico has experienced many reforms economically,...
Mexico has experienced many reforms economically, socially, and politically in recent history leading itself into becoming a more well developed
country. Typically, when people think of Mexico they think of the corruption in the government, the violent drug cartels, the widespread poverty, and
the long time one party dominance of the government. Although these are major problems, they are not problems that are impossible to fix, or are
currently being fixed. They are not persistent all throughout Mexico either, there are places where poverty, violent drug cartels, and corruption is non
existent. Mexico is often misunderstood and generalized for a few flaws and characteristics it possesses. By the previously accepted definition, ... Show
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On September 19th, 1985 at 7:19 in the morning a 8.0 magnitude earthquake shook Mexico city lasting three to five minutes.2 During the few minutes
it lasted it managed to topple hundreds of buildings and kill over 10,000 people and injure plenty more. The next day at 7:38 in the afternoon a second
earthquake hit the city with a magnitude of 7.3 causing even more damage and chaos. It was neither Mexico's liability or fault that it happened, but it
was how the Mexican government reacted to the situation that was. The government reacted as poorly as they possibly could. Mexico's president at the
time Miguel de la Madrid rejected offers of international aid to try and under evaluate the damage caused by the earthquake. People were forced to take
matters into their own hands because the government was very slow to react, the government wasn't prepared whatsoever. The government took over
39 hours to merely recognize the situation. Citizens searched through rubble, rescued trapped people, provided aid, and gathered supplies with no
support from the government. When Madrid finally accepted supplies corrupt government officials hoarded them for their own use when they had
arrived. Many power generators, drinking water, clothing, housing tents, and necessities never actually saw earthquake victims. With such an
unacceptable response from the government, middle and upper class families saw the city as crippled and migrated to surrounding
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Stockland Corporation Limited: A Case Study Of Stockland...
Stockland Corporation Limited is a diversified property group . It is one of Australia's largest property group . Stockland was founded in 1952 . When
the company was founded, they have a vison of contribute to the development of their cities and achieve growth and make profits .In 1957, Stockland
listed on the Australian Stock Exchange.In 1965 , Stockland opened its first commercial development . The headquarters of Stockland is located at
Castlereagh Street in Sydney, Australia . The founders of the company are Albert Scheinberg and Ervin Graf . The products of Stockland includes retail
centers, business parks, logistics centers, office buildings, residential communities , retirement living villages , housing estate, shopping center
management and others . The responsibility of the company has done towards the society and environment includes reduces energy used significantly
by using LED lights . LED lights uses less energy compared to the traditional bulb . Other than that , Stockland reduces the water used by the company
. Then , Stockland will assure that their products are in best quality before they sell it to their customers. Besides , Stockland.has a community that...
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It can be classified into 2 categories . Internal source or external source of finance . Internal source of finance can be done by using retained profit. It
is the profit that the company kept rather than pay it to the shareholders . It is kept in the company for further business expanding purposes . But not
all business makes profit , it might not be enough to finance the business expansion . The advantages of choosing this source of finance is that it is
cheap because the only cost is to pay shareholders when the company earn profit . It will allow the business to have full control of the business
because there are no any new shareholders or partners come in to the company and control the business
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Importance Of Entrepreneurship During The World Countries...
A) The importance of entrepreneurship in 3rd world countries: One valuable lesson I learned through this placement that also pertains very much so
to international development, is the importance of entrepreneurship in both the first and third world. Entrepreneurship is not the first thing that is
taught to the average Canadian student when asked to decide what they want to do post graduating high school. I however believe it should at least
be taught, if only to provide our youth with another option to look at after graduation, as a potential career path for them. Entrepreneurship offers
people a chance to come up with unimaginable solutions to people's problems, and provides the only true form of job security in today's turnover
style of market. It also allows people to reach their maximum potential in the workforce because people are willing to work harder, if they are
working for themselves and towards their personal goals and dreams. For my four month co–op placement I was in a full time entrepreneurial position.
Working for myself was such an amazing experience, as everything I achieved was towards my end goal, and the personal development I experienced
over the past four months was absolutely astounding. I went from having an average amount of knowledge with regards to personal finance, to having
an extensive understanding of the financial industry. In learning the skills, I now can continue to help individuals and families navigate the industry
and advise them on
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Developing Emerging Market Countries Are Risky Or Not?
Outline: 1.Explain the question and terms mentioned in the questions "In less than a generation, global saving and investment will be dominated by
the developing world." –Global Development Horizons report, 2014– Emerging markets are now more important than we thought. They hold a
strategic position in the world and affect the global economy significantly. 80% of the world's population and 90% of global growth fall into
emerging market countries. There are more than 20 countries that are considered emerging market countries, including four big ones (Brazil, Russia,
India and China) and others all over the world (HSBC report.) Developed economy investors are no doubt investing heavily in emerging market
countries thanks to their promising profit. However, the questions they have to face is, whether investing in emerging market countries are risky or
not? This question will be revealed by this research paper, which is based on facts gathered from reliable sources. Answer the question 2.Current
situations FDI flows to EMSs recently have decreased considerably compared to those in 1990s with regard of potential risks in EMSs. However, as
time passes by, emerging market has become an important part of the international economy. Asia countries are the predominant location for FDI.
China and India remain the two big countries that receive FDI sources. Because of low labor cost and low input cost, many investors are shifting their
attention from Malaysia to China. India, as
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The Economic Integration And Industrialisation Essay
In contemporary society, two broad standards of living define an individuals economic, political and social status (Nayyar 2013, pp. 41). These are
the developed and developing world, concepts that have only originated in the last 150 years, which can be characterised by their success in global
economic integration and industrialisation (Nayyar 2013, pp. 41). Globalisation has led to an increasingly connected and global economy,
contributing to these often polar areas of the world. The capitalist ideology has been a driving force in shifting economics to a global scale, and in
pursuit of wealth and competition can be attributed to the inequalities and differences observed in the developed and developing world. Coupled with
the post–industrial era, Globalisation has resulted in the transition from manufacturing –centered to service–oriented industries in the developed world,
while manufacturing has shifted to the developing world (Jovanovic 2015, p. 349). This process has led to disparity of wages, inequality and uneven
development across national, regional and individual levels (O'Brien & Leichenko 2008, p. 96). This essay identifies the importance of the social and
geographical situation of consumers in the developed or developing world in determining whether they are a beneficiary in the globalised economy.
The role of advanced countries in introducing and monitoring processes of "trade, finance and investment" (Nayyar 2006, p. 138) to developing
countries and how they are
... Get more on HelpWriting.net ...
An Expanding World Population And A Degrading Earth
An Expanding World Population & a Degrading Earth The world is currently home to around 7 billion people, but only a century ago there were only
about 1.6 billion people living on it. It is estimated that the world population will soar to approximately 9 or 10 billion within the next forty years
(Lambert 6). Along with the increasing global population, climate change and water scarcity are also burdening the survival of our planet (Lambert 5).
The FAO has warned that agriculture must produce 70% more food within the next 40 years to feed our expanding population, but the world's
resources and land are dwindling as quickly as the population is expanding (Lambert 5). The world urban populations have been increasing consistently
and are ... Show more content on Helpwriting.net ...
A balance must be achieved as agriculture accounts for 30% of income in developing countries and without food production, the current world
population could not survive (Munesue 9). How is humanity supposed to feed its future self of 10 billion people without destroying itself through
overuse of its Earth?
Is Food Security a Human Right? There are more hunger related deaths each year throughout the world than AIDS malaria, and TB combined
(Lambert 4). 25,000 people die everyday due to hunger related deaths (Lambert 4). The International Conference on Nutrition in 1992 and the World
Food Summit in 1996 emphasized the importance of access to safe and nutritious food being recognized as a fundamental human right (Lusamba 3).
It has been an established principle that a country 's rate of food insecurity is directly related to system of governance (Lambert 7). Democratic
societies have much lower rates of food insecurity than those countries with more authoritarian governments (Lambert 7). In this paper, food insecurity
is defined as a condition in which an individual or population does not have access to safe culturally appropriate food that meets their caloric and
nutritional needs. This paper is a study of the current state of food insecurity in four different countries throughout the world. A brief section is devoted
to the U.S. as a tool for
... Get more on HelpWriting.net ...
Porter's Five Forces Cosmetics
Porter's Five Forces Analysis Supplier Power The selling power in developing countries and emerging markets is relatively low. This can be argued
in Jamaica's case as the demand for cosmetics continues to grow consistently. In fact, not many companies have ventured into developing products
which meet the specific needs of this market segment. In order to achieve long term profitability, new market entrants should focus on this
neglected population segment. The high selling power in the developed countries leads to high competition and an overall reduction in profitability
for cosmetic firms in this industry. This is based on most of the largest cosmetic companies are based in developing countries. Buyer Power Based
on the primary target market and to some extent the secondary target market, the power of the buyer to drive the forces of price fluctuation is quite
challenging based on the number of buyers from both target market. Depending on the type of buyer such as a loyal buyer then prices may be
considered more prone to decreasing which may be as a result of discounts etc. As it relates to buyer power on a general scale, it won't... Show more
content on Helpwriting.net ...
This is as a result of the need for cosmetic products such as lipsticks. The cosmetic industry has a low threat of new entrants. This is as a result of
several factors. There is a very high cost of entry. The development of unique or one of a kind cosmetic product requires many resources for both the
research and development and the actual manufacturing process. Only a few middle and small scale firms have access to the funds and expertise
required to exercise this effectively. Also, another factor which discourages new entry into this industry is the huge competitors that are present in the
industry such MAC, Revlon, Maybelline etc. There are many competitors who reduce the overall profitability of the industry, which makes it a barrier to
... Get more on HelpWriting.net ...
Sweatshops : Sweatshops And Sweatshops
Inexpensive clothing has been the major trend thanks to the cheap laboring in Asia. Though we take granted for inexpensive clothes, we know little
about how those clothes are made. In the manufacturing process, sometimes people die in the working environments because of the companies'
neglects on maintaining buildings, providing equipment for better production and improving the working environment. Some factories use children
because they can cut more wages. Manufacturing factories with low wage, long working hours and poor conditions that violate human rights are called
sweatshops. Since sweatshops violate human rights, they are unethical. Knowing this fact, should companies stop laboring in developing countries?
The answer is no. In short, sweatshops are necessity parts of supply chain that fulfill demands and job supplies. Nonetheless, because sweatshops play
vital role on offering jobs and inexpensive fashion products, those companies should take responsibilities. Simultaneously, the localgovernment should
make strict regulations on child labor and severe working circumstances to protect the citizens and labor rights. We will examine how companies and
governments can make improvements on sweatshops controversy with hypothetical analysis on two outcomes of ending and continuing sweatshops.
When we consider ending sweatshops, what would be the outcome? The workers no longer have to suffer from the degraded treatment and any mental
or physical damages from the works. On
... Get more on HelpWriting.net ...
The World Economic Power And Its Impact On The Economy
In this book, Dobbs, Manyika, and Woetzel believe the world is almost constantly discontinued. Many long–held assumptions, long–term projections,
and long–stand trends have been upended by disruptive technologies, trends, and developments. A completely different world is being formed by four
main forces. The first force is the development of emerging markets and the growing urbanization within these markets (Cooper, 2015). The world
economic power is moving to east and south. As an example, China is predicted to have most large companies located in rather than the United States
or Europe by 2025. Equally important, economic activities are arising within these emerging markets. For instance, a Chinese city Tianjin, who had a
same size GDP ... Show more content on Helpwriting.net ...
The final power is the tighter global connection in capital, people, and information. The connection between the countries has already become an
intricate web from a series of lines simply connecting core trading pivots of developed economies. The capital flows between emerging markets; the
trades between developing areas and the people crossed borders have all experienced a sharp increase.
Figure 1: Global connection has become a complex web (Neal, 2013).
In the end, the authors give an optimistic summary forecasting that the world will become richer, healthier and more developed. The urbanization will
be higher; the technology will also achieve a higher level. There will be more innovations for challenges, more products and services for new
consumers and more opportunities for entrepreneurs. In their words, today is "an age of recurring miracles".
According to the given information about the authors at the back of the book, they three are all scholars or doctors from Oxford, Stanford or the
University of Southern California. Therefore, it can be believed that they have clear ideas of the content of their book. However, there is an important
fact that the authors are all directors of McKinsey and of the McKinsey Global Institute. It is possible that they write the book for business purposes
because MGI is a business institute which provides information to leaders in the commercial, public, and social
... Get more on HelpWriting.net ...
Making The American Workforce A Friendly Place For Women...
We all had a teacher in school who took maternity leave. This standard, dictated by the 1993 federal Family and Medical Leave Act (FMLA),
applies not only to teachers but to women of all professions and allows mothers to take up to twelve weeks of protected, but unpaid leave (Cohn 9).
This period, however, is not long enough for the mother and child to fully recover. Providing longer maternity leaves would also benefit businesses
and the American society. Many countries around the world provide significantly longer leaves or even allow fathers to take paid paternity leaves.
Making the American workforce a friendly place for women and families through revised maternity leave policies will benefit both the U.S. economy
and U.S. families.
Incomes in the U.S. are currently falling, particularly among low–income families. Because one income is no longer enough to support the family, it is
now necessary for many women to bring home a paycheck as well. (Warner 27). Having young children while working is difficult for many women in
the U.S. workplace. In fact, thirty–five percent of U.S. women have cited work and family balance as their largest, single concern (Appelbaum and
Milkman 8). For this reason, many developed countries around the world devote resources to providing for their young families because they are
aware of the role that women play in sustaining the country. In 2014, eleven countries provided at least one hundred weeks of protected leave and the
majority of
... Get more on HelpWriting.net ...
The Movement Of Healthcare Workers Essay
The movement of healthcare workers from one country to another has shaped many nations economic standing. There are positives and negatives for
the country receiving these new workers as well as the countries losing them. I conducted an interview with a current clinical pathologist who received
her education in IRAN, but migrated to the U.S for a better opportunity. She is currently working for UCLA in California earning more than she
would have if she stayed in IRAN. I learned a lot from her and really was able to understand way people from underdeveloped countries decide to
come the U.S for a better quality of life. The resource poor countries that are continuously losing their more educated population to developed
countries are taking a huge hit in their economic stability, according to the World Health Organization: "65 percent of all economically active
migrants who have moved to developed countries are classed as highly skilled". We are taking the top educated people from We must also consider
that these less developed countries that are losing their healthcare workers already have a weakened healthcare system. These poorer countries already
have overcrowded hospitals with a lack of medical staff to properly care for their patients. The healthcare workers migrating over definitely have the
right to better their own lives, but countries like the U.S and the United Kingdom must also consider the damage they do when they take these workers
from other countries.
... Get more on HelpWriting.net ...
Bibliography on Globalization and Health
Globalization and Health Globalization has had a huge effect on health, both positive and negative. Because of increased mobility due to
globalization, health professionals are able to cross borders with stunning speed in order to deliver care and patients in need of certain treatments
have benefited from the ability to leave their country for care. The Internet makes it easier to alert the relevant authorities to the outbreak of a
disease and to share information on health issues. However, globalization has had negative effects on health as well. When the Europeans first
traveled and colonized the world, they brought with them terrible diseases, killing over 90% of the population. The Aztec, Maya, and Inca tribes
were the most affected by these diseases. International travel and globalization has brought many diseases, previously native to certain countries, all
over the world. For example, Chagas Disease, a disease spread by insects brought over from Mexican immigrants, has infected more than 500,000
citizens of America. Illegal drug trade, another result of globalization, is also having a negative effect on health. Another negative effect of
globalization is the recognition of medical degrees of less developed countries by developed countries. Young medical professionals from
less–developed countries finish their training in developed nations and tend to stay to develop their careers and raise their families. This drains less
developed countries of needed health care
... Get more on HelpWriting.net ...
Prisoner's Dilemma Essay
The theory of Public Goods and Prisoner's Dilemma games have been used on numerous occasions to characterize bargaining situations in the
International Political Economy. The Prisoners Dilemma is an abstract game model that is often used to depict the difficulties that governments face
when trying to cooperate in the global economy. Unfortunately, withinInternational Trade, there are aspects that may take the form of the prisoner's
dilemmas than public goods. Public goods are also called collective goods. These are goods that cannot practically be withheld from one consumer
without withholding them from all. In the Prisoner's Dilemma model, only one prisoner, or state can go free. This situation can only happen at the
expense of the others. A country can liberalize, by opening its market to for another country to export. A country can protect itself by using tariffs to
keep the other countries products out of its domestic market. The prisoner's dilemma outcome of protect and liberalize are more preferred than to
liberalize and liberalize because the initiator gains from the tariffs, while their trading partner benefits from being able to access from that country. The
theory highlights that when each country pursue their own self– interest, then the outcomes are worse than if they had of cooperated with another
country. Although, it does show that cooperation is not always in one's best interests. Pareto optimal is where there is no single actor or state that is
better off
... Get more on HelpWriting.net ...
The Human Development Index ( Hdi )
The Human Development Index (HDI) does a pronounced disservice to India. India, a country that, through economic miracles and perseverance, has
risen from the ranks of the poorest in the world to a middle–income country in the span of only a few decades. The HDI Report, which is not
universally applicable and applies too much weight in certain areas, makes certain countries look better than they should or, in India's case,
artificially lower its ranking among the world. So, although skewed, what does the HDI say about India's level of development, recent growth, and
outlook for future decades? Based on its HDI ranking relative to other nations, India "does a relatively poor job of converting its income into good
health and educational outcomes" ("Shaping the Developing World", 48). This means that India's use of its capital and human capital is inefficient, at
least in comparison to countries with similar incomes, in respect to improving its infrastructure, services, and other factors that generally improve the
lives of its citizens. In India's case, this is most evident by far in the government's provision (or lack thereof) of adequate education and health services.
India's infant mortality rate is ten times that of the average developed country, and only around 35% of citizens have access to toilets and clean water
("Shaping the Developing World", 49). There are more than 30 million Indian school–age children who are not attending, and those that do receive a
lackluster
... Get more on HelpWriting.net ...
The Causes Of World Hunger In The World
Tommy Luong Dave King English 150 20 September 2017Without Food Death Is All I Have Left To Eat The day usually starts with breakfast
but there is no food to be seen or be eaten, so all that is left to do is starve and wait until your next opportunity to eat happens. This is a reality for
those around the world as some people are unable to get food for themselves or for their families. This is contributed by the world's population
being around 7 billion people and still growing to a higher population. This high population and its rapid growth rate of about 80 million births per
year can lead to potential food shortages in different places in the world that makes world hunger becoming a major social problem that can lead
to disease and countries dying because of starvation. Some would say that helping world hunger is a waste of developed nations resources.
However that is something I disagree with because a lot of the world production of goods come from undeveloped countries. In order to reduce the
problem they're should be a way to limit the population growth in countries in the world that are highly populated besides China's one child law
already in place or have a way to better sustain the world's growing population. The causes of world hunger in the world is due to the increase in
population in very developed countries allowing a longer life span causing the world population to increase more quickly because there would be a
higher consumption of food and it would
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The Story of a First Forbes Billionaire from a Least...
The Story of a First Forbes Billionaire from a least Developed Country: Nepal Background The news in Forbes that the small Himalayan nation of
Nepal (with the population of 30 million), among the poorest countries in the world, has produced its first billionaire in Binod Chaudhary, chairman
of the Cinnovation/Chaudhary Group made Nepalese jubilant. In a country where businesses were failing due to political conflict, one man and his
team successfully made a mark in the nation's economic history. This case exemplifies how right strategies can help businesses succeed even in a
nation engulfed by political stagnation, civil war and economic problems. Winning Aspirations With the vision of "Touching Life Everyday"
Chaudhary Group is now a business conglomerate including forty businesses, and its operations cover across all five continents. However, the story
begins with a humble background. Mr. Chaudhary's family started a business in Kathmandu, the capital city of Nepal, in the year 1934 by leasing a
shop at $3 per month. Starting as an importer of textiles from India, they opened up a flour mill in the year 1974. The business boomed after the
introduction of "Wai Wai" (ไวไว) in Nepal. The name of Binod Chaudhary is synonymous to "Wai Wai" for many Nepalese consumers.
During one visit to Thailand, Mr. Chaudhary observed that loads of "Wai Wai" noodles were exported to Nepal from Thailand. Noticing the popularity
he started producing "Wai Wai" in Nepal. The partnership with
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Least Depeloping Countries
Least developing countries are the countries which are poor in agricultural that are seeking to become more advanced economically and socially.
Most of the countries are developing, less developed or Third World countries. However, the big difference in wealth and economic development
amongst Third countries, the concluding are typically characterised by a low average per capita income, high external debt (to foreign banks and
states in respect of loans acquired), a strong dependance on agriculture and other primary activities. CONTENT A serious problem facing LDCs is that
they lack the money (sometimes the political will) to invest in business–enhancing enterprises, and to shape up and sustain their physical and
transport–related infrastructure. Export and import activity suffers as a result and the countries feel progressively relegated in the international trade
field. A contributing factor to this phenomenon is that more than 50% of the population in LDCs is under the age of 15 and therefore not economically
active. Yet youths still require basic services (health care, education, etc.) for which the government has to foot the bill. Another restriction to the LDCs
getting ahead in the international trade arena is that their governments are often more concerned about getting special treatment from the wealthier
countries than developing ways to create more sustainable industries and become more competitive. Frequent political trouble in the LDCs also plays
confusion
... Get more on HelpWriting.net ...
A Brief Note On The World Of A Big World
Rachhpal Singh
12/10/15
Eng. 125
Mr. Jordan Dakin
Really Small Thing in a Big World With the boom of modern technology in the late 19th century it has only grown from helping human like through
medical innovations to bringing the worst of humanity in the time of war like weaponing tear gas by the French then poison gas by Germany in World
War 1. This has not been the first advances in technology. Railroad made transporting large quantity of products from one states to the others faster.
Telegrams and telephones made it easier to communicate over large areas in very short time. And then came the internet which tore down all borders
and shrunk the world into a new state where a person could communicate with another siting in other country ... Show more content on Helpwriting.net
...
Nanotechnology can revolutionize the world in the fields of medicine, environment, technology, etc. In "Nanotechnology Could Alleviate Many of the
Problems of the Developing World" Heller, Jacob, and Christine Peterson stated that "A Paper by Fabio Salamance–Buentello et al. founded that
nanotechnology could be applied to attain at least five of the eight United Nations Millennium Development Goals (MDG)." United Nations
Millennium Development Goals are as followed: eradicating extreme poverty and hunger, achieving universal primary education, promoting gender
equality and empowering women, reducing child mortality, improving maternal health, combating HIV and AIDs, malaria and other diseases, ensuring
environmental sustainability, and developing a Global Partnership for development. Photovoltaic cells based on quantum dot technology, nanocrystals
for hydrogen creation and the production of hydrogen storage systems based on carbon nanotubes would significantly improve environmentally
sustainable development (Heller, Jacob, and Christine Peterson). "Although hydrogen is an alternative to fossil fuels, it formation, storage and
conversion to electricity as facing technological challenges. However, in the use of water as a renewable resource to produce hydrogen, the uses of
nanocphoto catalysts have shown promise.," argued Karunaratne,
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Looking at Least Developed Countries
The Least Developed Countries represent the poorest and weakest segment of the world. They own more than 880 million people (about 12 per cent
of world population), but account for less than 2 % of world GDP and about 1 % of global trade in goods (About LDCs, 2014).
Their low level of socio–economic development is characterized by weak human and institutional dimensions, low and unequally income and shortage
of domestic financial resources. They often suffer from political instability, a problematic government and internal and external conflicts (such as
war). Their economies are affected by a cycle of low productivity and low investment. They rely on the export of few primary commodities as major
source of export and fiscal earnings, which makes them highly vulnerable to external trade shocks. LLDC's raise concerns all over the world when
their challenges that lay ahead and their future part in global economics are concerned (Least deveLoped countries series, 2011). UNCTAD believes
that the major challenge will be an employment challenge, and the central policy issues relate to how to address this in a global environment
considered by accelerating globalization and climate change and with governance deficits at national and global levels. The employment challenge in
LDCs is to create productive jobs and livelihoods for the millions of young people who are entering the labour force each year. The scale of this
challenge will be greater in the coming years than in the past.
... Get more on HelpWriting.net ...
Things Fall Apart Chapter 2 Summary
Chapters 1 and 2
2. a) "War is the greatest plague that can afflict humanity, it destroys religion, it destroys states, it destroys families. Any scourge is preferable to it.",
Martin Luther. This statement is undoubtedly accurate; during the war, there is only chaos. Bombings, bloodshed, gunfire, deaths of innocents, to only
name a few of the unthinkable acts during this time of devastation. After the Taliban had taken over, the bombing had indeed stopped, but the brutality
and disorder of the war remained. Women were forced to stay in their homes, to leave what little education they had and were not allowed to go to
work. They always had wear burqas when out in public, they had to learn to hold their tongues and hide their faces, because fatal and troubling
consequences are happen to young ... Show more content on Helpwriting.net ...
The right to education, the right to freedom, the right to having a voice, or the right to simply wander and explore were snatched away from females
and are never to be seen again because of their gender. The innocence of a child is also taken without a second thought; the first day of school, school
performances, graduation, prom, earning a driver's license, falling in love, and making all the wrong decisions, to name a few situations. The
simple moments in life that we take for granted are all wrenched out of our grasps because war is a time of sexism, violence, discrimination,
injustice and inequality, not simplicity and peace Even now in society, women are constantly being taken for granted. They are seen as being weak,
frail, soft, vulnerable, helpless, quiet and timid. We, as females, have evolved and stepped up in society since that dark era. We have become
international leaders, we have provided opportunities for millions of people, we are compassionate and helpful to those in need and are now
recognized as some of the most powerful and influential individuals internationally. Take Michelle Obama, BeyoncГ©, Hilary Clinton, Ellen
DeGeneres and Melinda
... Get more on HelpWriting.net ...
The Rights Of The Global Warming
My argument is that those who have taken part in causing global warming, which are the developed countries, should be held responsible by cutting
back more than other countries to correct the injustice that they have inflicted on the poorer countries. These nations are infringing on the rights of the
victimized nations. Therefore, I would argue that there is an ethical basis for deciding whether some countries should cut back emissions more than
others because the situation is not only unfair, but also violates the rights of innocent people. Everyone has a right to life, a right to not be harmed, and
more specifically, "the right not to have one's life taken directly as a means to further one's end" (Finnis). Immanuel Kant thought reason tells us to,
"Act only on a maxim that you can will to be a universal law" (Kant). Under Kantism views, an ethical act is ethical if it can become universal law
without undermining some sort of construct. If we say that developed countries can emit greenhouse gases, thus causing harm, without consequence,
then it will undermine the principle that the innocent has the right to not be harmed. Therefore, when that right is violated, there is an ethical issue.
For example, if a burglar steals, it is only fair that they are reprimanded accordingly by giving back what they stole, plus an additional punishment, to
ameliorate the harm that he caused. To extrapolate this example to global warming, the developed nations are stealing from the poor
... Get more on HelpWriting.net ...
The Hardships Hitting Least Developed Countries
Introduction: Developed countries are countries which obtain a great level of income and are also referred to as industrialised countries.
Developed countries are in support of free market principals, are very advanced in their education levels, technology. They also have high standard
of living, and also have a declining rate of population. Least developed countries are not economically stable, their development process is very
slow and are known to be very poverty stricken. These LDCs standard of living is very poor thus they are exposed to many economic and social
problems. A clear description of least developed countries would be low economic growth, huge problem in unemployment, institution capacity is very
vulnerable, poverty stricken, and have poor infustructure, inadequate education, climate implications, lower income as well as per capita income.
LCDs have minimal savings and investment opportunities. Emerging countries are nations that are not extremely poor but have low or medium per
capita income, these countries are very capable of having great economic growth but are still referred to risk economies, where they are classifies as
nations that are not yet fully stable to invest in or do other kinds of trading with. Least developed countries encounters different problems such as:
Lower per capita The instability of socio and politics Inequality or widening gap between the wealthy citizens and the poorer citizens The infustructure
development is slow and
... Get more on HelpWriting.net ...

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Essay About Illegal Global Trade

  • 1. Essay about Illegal Global Trade Though rarely given enough attention in the press, the global network of counterfeited goods such as prescription drugs, watches, and handbags have become a serious problem in the world. This economic network impacts transnational economies than almost any other force because... The film Illicit: the Dark Trade draws attention to this growing problem that affects our now globalized economy. Also, the movie is an adaption to Illicit the novel written by Dr. MoisГ©s NaГm. The film explores a maze of illegal activities and provides evidence supporting the idea that the sale of counterfeited goods results in government instability, money laundering, corruption and a host of other problems around the world that globalization has brought upon ... Show more content on Helpwriting.net ... Since each state have been effected in differently either positively or negatively and in some instances both. In western states a decrease in employment has caused many financial problems because large companies have outsourced manufacturing jobs to developing countries where cheaper labor markets, weaker labor laws and, or environmental regulations. These new means of production have very little to no loyalty to the original corporations and managers remove the parent company and market directly to the consumer. Sometimes this leads to the direct loss of sales which are key factors to job losses in the United States and Europe. The numbers are derived by taking the loss of sales of a sector or a company due to counterfeiting, and calculating the number of additional people that could have been employed with that revenue. Estimates in the United States and Europe entail that majority of the jobs that were lost was due to counterfeiting in these two regions alone. Many people have associated the rise in counterfeited goods with globalization. As more companies, attempt to increase their profits, by moving manufacturing companies to third world countries with Second to illegal drug trafficking, human trafficking is one of the fastest growing and profitable illegitimate industries earning an estimated forty– three billion ... Get more on HelpWriting.net ...
  • 2. Advantages And Limitations Of Modenisation Introduction In terms of reference for this paper is to undertake Modenisation theory and outline the theory's limitations. This paper will additionally conceptualize this theory in broader frame on its usefulness, understanding social changes at international perspective and at national level. The discussion will be across, economic, political and cultural. Modenisation has different meanings to different theorist and people, however Modenisation is the westernized manifesto of the year 1950s and 1960s, and it is an economic theory that is rooted in capitalism. What is Modernisation Historically, Modenisation is the process of change concerning social, economic, and political systems that have advanced in Western Europe and North America from ... Show more content on Helpwriting.net ... Modenisation impoverished Africa through colonialism and imperialism by the Western nations and this tendency is with us today as the East nations takes shot to deplete the Africa's natural resources such as oil and minerals (Matunhu, 2011). As far as Africa would like to outgrow poverty and underdevelopment, this however may be not possible if we still strongly believe in the power and strength of modernity. Combatting Africa's poverty and underdevelopment includes more than a simple disarticulation of the traditional society (Matunhu, 2011). Given facts that currently China is one of the largest trade partners with Africa, this results that China's only interest is to exploit Africa's natural resources ahead of Europe and America. The surplus economic value that is extracted by Chinese capital may be externalized in the form of profit allowance back home and some it could be spent on noticeable consumption (Matunhu, 2011). The theory does not reflect all these factors which drive the economy of a country up to being modernized. Developed countries create modernity through exploitation of the disadvantaged. The core countries exploit the poor periphery countries (Wallerstein, ... Get more on HelpWriting.net ...
  • 3. Ldcs’ Benefits And Wto Dsu . Trade Liberalization Has Been LDCs' Benefits and WTO DSU Trade liberalization has been exploited international trade. Protectionism, dumping, national treatment and other unfair trades are destroying those victims as less developing countries. However, after creation, WTO has been doing its job to provide an efficiency, stable and accessible environment to international trades. Increasing of trade laws in dispute settlement as trade–related intellectual rights, countervailing measure, national treatment, anti–dumping and safeguard measure are evidences of their hard works. These rules are enforced through the WTO Dispute Settlement Understanding mechanism (DSU). Strong voice DSU has provide to less–developing countries encouragement to participate in order defend ... Show more content on Helpwriting.net ... In implementation stage, DSU will consideration an appropriate action for the case brought by developing countries, Paragraph 7 of Article 21. Moreover, DSU do not only considering of trade coverage of the challenged measures, but also their impact on the economy of developing country Members concerned, Paragraph 8 of Article 21. LDCs Challenges and WTO DSU Dispute Settlement of Understanding (DSU) of WTO has provided lots of benefit to developing countries, but still there are many challenges for them to overcome. Inadequate human & financial resources The lack of resources of developing countries is still remain as a problem (Bohl). Under DSU of WTO, the system is moved toward to rule–oriented system. They have created a forum with such a complex case law which requires sophisticated legal analysis, interpretation, and experts in international law. Of course, with the greater legalization of international dispute settlement, it would not come without any costs. The demand of human resources must be multiple if they wish to invoke the case to WTO. Besides, they also confront with financial problem in order to procedure the legal system as they need to hire many more staffs in order to investigate, find the evidence, and so on. They also need to hire experts for advising, researching, and doing testimony to support their case.
  • 4. ... Get more on HelpWriting.net ...
  • 5. Essay On First World Countries First world countries contribute most to the problems of unsustainable development and thus they should be responsible for resolving the issues caused by such developments, particularly when they are still having an indirect impact in promoting unsustainable development and have resources required to counter these problems. Researchers have proved that more than the increasing rate of population in certain developing countries; it is the per–capita negative impact that First world countries are having on sustenance of the world environment that is responsible for the climate change in the world. According to Environmental Research Letters, seven advanced countries are responsible for 63% of the world's activities leading to global warming (Malone 2014). Though United States emits most of the carbon and greenhouse gases but when evaluated based on national population UK has the highest per person pollution levels. Recently some developing countries like China are catching up in pollution emission with developed countries but yet again a large portion of these emissions in transferred to the countries that consume these products produced in developing countries (Matthews 2014). Thus as the paper states "As a consequence, a substantial portion of recent emissions from developing countries could be equally allocated to the developed countries that consume the goods produced" (Matthews, 2014, p.8). Despite this huge amount of historical contribution in large scale of air, water ... Get more on HelpWriting.net ...
  • 6. The Correlation Between Economic Growth And The... One of the most highly controversial topics of our time has been about the environment, whose quality is not indicated in the measure of GDP. Some scholars say that there is nothing wrong with our current natural ecosystem and that we should not worry, other scholars say that we should be more concerned about our environment today than we ever were. Many studies were done to validate both these hypotheses which left people divided, but it is always better to be safe than sorry. Economists have found the correlation between economic growth and the deterioration of our environment: "In the quest for high rates of GDP, the human cost of producing goods and services is not set against the market value of those items." (Mahadea and Rawat, 2008). In other words, there is a constant trade–off between sustaining economic growth and maintaining the natural ecosystem. As stated earlier, producers are unwilling to give up their opportunity to gain more profits for the sake of sustainability. We should understand the insignificance of overproducing and having a high GDP if in actuality the living conditions are not as good as the GDP depicts it. Economists D. Mahadea and T. Rawat investigated the relationship between economic growth and happiness in which they found that although being rich does make an individual happy, this extra income would not have the ability to purchase happiness once an income threshold is reached, especially in developed countries. They concluded that ... Get more on HelpWriting.net ...
  • 7. What Is The Lowest Category Of Human Development? 1.North America, Europe, and Oceania have a majority of their countries in the highest category of human development. The lowest category can be found in Africa. The 0.500 to 0.949 categories can be found in Asia, and South America. 2.While the concept of a developed North and developing South rings some truth since most of the northern countries on the map fall into higher rankings in terms of human development, the southern countries are not all developing. According to the map, Australia and some portions of South America and Asia are closer to developed than developing. Therefore, it would be inaccurate to describe the world as a developed North and developing South. 3.Asia has the widest range of countries, ranging from developing ... Get more on HelpWriting.net ...
  • 8. The Lack Of Female Education Contraception The possibility that a young woman does not wish to have children or does not feel ready upon marriage is essentially ignored in most developing nations. Should a woman wish to postpone childbearing, she may encounter difficulties finding contraceptive methods. "The most commonly reported reasons for unmet need [for contraception] are lack of knowledge, health concerns, and social disapproval" (Casterline & Sinding, 2000 as cited in Levine et al., 2006). The lack of female education about contraception in countries where it would be of greatest aid is a major indicator of why maternal mortality is still such a prevalent issue. In American, "woman have to get prescriptions for contraceptives from their health care providers", and there is a multitude of information available to women who wish to use contraception (Hansman, 2014). Many women in poor areas of developing nations do not have regular access to health care providers, resulting in both lack of information and materials to implement family planning practices. Contraception in general is a delicate matter due to the stigma attached in societies where high fertility is culturally valued. Reactions from "government policy [or] the way a husband might perceive his wife's use of birth control" can be deterrents for a woman to abandon her own desires to refrain from pregnancy (Hansman, 2014). It can be argued that even if proper contraceptive methods were provided to women in developing nations, the actual usage is ... Get more on HelpWriting.net ...
  • 9. Wto Negotiation Case Study 2. PANEL PROCEEDINGS STAGE: Special and differential treatment provisions in favor of developing countries also exist at the panel proceedings stage in Article 8(10), 12(10), and 12(11) of the DSU. This section looks at the utility of these provisions and whether or not they are of any value to developing countries and meet the challenges developing countries meet in the WTO dispute settlement mechanism. Analysis of article 8(10) of the DSU: Article 8(10) provides that when a dispute is between a developing country Member and a developed country Member the panel shall, if the developing country Member so requests, include at least one panelist from a developing country Member. However, this provision may create perceptions of creating a ... Show more content on Helpwriting.net ... Both provisions did not mention what 'further action' means and what kind of action may be taken by the DSB. Under both provisions, action must be taken by the DSB and this means there must be consensus. The requirement of a consensus for further action to be taken may wipe out the chances of these provisions ever working in practice. OTHER PROVISIONS OF THE DSU: Analysis of article 24(1) of the DSU: Least developed members are also granted special consideration under Article 24(1) which encourages them to make use of good offices, conciliation and mediation before and during panel level. Finally, the WTO Secretariat provides legal assistance to developing members but only to the extent that the impartiality of the Secretariat is not compromised. The provision effectively attempts to dissuade developed countries from litigating against least developed countries in the event the least developed countries fail to comply with their WTO commitments. WTO DSU REMEDIES AND DEVELOPING COUNTRIES: As we know without a remedy there cannot exist a right. A dispute system without effective remedies will not afford any measure of protection to parties' rights and interests. Even in the WTO, ... Get more on HelpWriting.net ...
  • 10. Global Pattern of Ageing Populations Task 1: Identify a global pattern of either youthful or ageing populations Youthful populations are dispersed unevenly around the world. They tend to be concentrated in regions such as Asia and Africa. The least developed the country is, the more likely is it to have a youthful population. There are a few exceptions in Asia such as China because of their one child policy and Japan because it is a developed country. Japan is developing stage 3. South of the Sahara in Africa there is a cluster of least developed countries. Africa mainly has youthful populations. There are no exceptions in Africa as the whole of Africa is developing or least developed. While in Asia most of the countries are developing with a small linear pattern of least developed countries. All the areas with a youthful population tend to be least developed. Ageing populations tend to be concentrated in developed regions. There are three concentrations of developing countries. Such as Europe, Oceania and Northern America, Japan being the exception because Asia is mainly a developing region. Developed countries are mainly in the fourth stage. This means a low birth rate, a low death rate, a longer life expectancy but a higher dependency ratio. Lower birth rates and high life expectancy tend to lead to a higher proportion of older people. There are three main clusters of developed countries in a nucleated pattern with some exceptions in Eastern Europe. These countries consist of Ukraine, Moldova, Bosnia, ... Get more on HelpWriting.net ...
  • 11. econ case study Kim 6 ASSIGNMENT 1 1. Chapter 1 (page 34) 1) Why is economics central to an understanding of the problems of development? It is because that the development of a country depends on economic factors. Economics helps you to interpret how a country is developing, economic policies of a country that determine whether or not it develops and how fast it develops if it performs. In addition, economics helps you to understand how wealth and finance are distributed, and the causes and effects of borrowing and lending. Problems of development are like not having enough money, economics teaches us about problems in development and so we can better interpret these problems primarily by looking at the economic components that define the troubles. ... Show more content on Helpwriting.net ... Rather, it has continued to insure an extremely high percentage of its population in extreme poverty in an upper middle income country, and remains one the countries with the highest degrees of inequality in the world. 3. Chapter 2 1) According to the textbook, the problems that most developing countries have in common are poverty, high levels of unemployment and underemployment, low levels of agricultural productivity and sizable imbalances between urban and rural levels of living and economic opportunities (Todaro & Smith, P. 92). The most significant problem is serious poverty because every person should at least have the most basic needs such as home, basic clothes and food. 2) According to the textbook, low levels of living is the amount of money on average a person makes in a country. (Todaro & Smith, P. 29). In my opinion, low levels of living can exist simultaneously with high levels of per capita income because there might be a few that are earning a lot with the majority of the population earning less. For instance, on 1980's Portsmouth, Ohio and Brazil, which is an upper medium income country with nice levels of per capita with a bulk of its citizens living in poverty.
  • 12. 4) In my opinion, among health, labor productivity, and income levels, there are huge, and strong relationship because I think labor productivity decides the income levels, and it also affects people's health. For ... Get more on HelpWriting.net ...
  • 13. Positive And Negative Impacts Of Globalization Essay In this article, I review the literature on the positive and negative outcomes of economic globalization, and the impact on developed and developing nations. The findings indicate a strong trend in the belief that developed countries dominate in the world of international trade, as there resources ensure a competitive advantage over poorer undeveloped nations. In addition, it can be concluded that the great benefits of free trade, defined broadly as "free movement of goods, services, and capital across national boundaries (what I will call "economic interdependence" or "globalization") is made possible by lower costs of transportation and telecommunications and the gradual liberalization of markets as countries negotiate reductions in tariffs, quotas, subsidies, and other barriers to trade"(Paul, 2015, pg 3), are mostly but not solely enjoyed by developed nations. However, there is a basic expectation in economic theory, that international trade will allow for increased competition worldwide, thus will lead to greater productivity, higher wages and reduction in extreme poverty (Haase, 2012). Which arguably will benefit all nations, with developing nations being no exception. In stating this, there are many drawbacks of economic liberalisation that cannot be ignored: poverty, inequality, manipulation and closing of local industry. The studies highlight the positive and negative impacts globalisation and free trade have on both developed and developing nations. International ... Get more on HelpWriting.net ...
  • 14. Countries and their Level of Development: Least... Countries throughout the world differ in their level of development; they are classified within a range of the two extremes as either LEDC (Least Economically Developed Countries) or MEDC (More Economically Developed Countries). The Variety of economies, cultures and people make it impossible to use a single indicator of development. Geographers use diverse Development Indicators to compare regions against each other, such indicators include: LEDCs exhibit the lowest socioeconomic indicators and meet the criteria of poverty, human resource weakness (nutrition, health, literacy and education) and economic vulnerability. On the other hand, MEDCs, also known as Developed or Industrialized countries, have high economic levels and advanced ... Show more content on Helpwriting.net ... Bad Climate can limit people's engagement in wealth generating activities such as agricultural practices. LEDCs spend much time, effort and resources in providing food supplies, which does not help in advancing the development of the country. Lack of resources and access to safe drinking water are another factors that hinder the development of countries. The Presence of oil in many of the Gulf countries has pushed their economy despite the bad climate. Often any resources are sold abroad as cash crops, for instance in Kenya tea and coffee is grown on the best farmland. Kenya has to spend valuable wealth on importing food. Additionally, War and political instability in countries (such as Rwanda and Somalia) impedes development. International companies will most likely avoid investing and expanding their markets towards countries that are not politically stable. Countries that were once or still conquered by another country will often have their resources abused without having much of it deployed into their infrastructure. It can be seen that the developed counties were the first to have a strong army and to develop weapons and tactics with which they have conquered other civilizations. The undeveloped ... Get more on HelpWriting.net ...
  • 15. Products and Services for Consumers 1.Debate the issue of global versus adapted products for the international market. A recurring debate exists relative to product planning and focuses on the question of standardized products marketed worldwide versus differentiated products adapted or even redesigned for each culturally unique market. Those with a strong production and unit cost orientation advocate standardization and others, perhaps more culturally sensitive, propose the policy of a different product for each market. The issue cannot be resolved with a simple either/or decision. Cost revenue analyses need to be done and decisions made in the hard, cold lights of profitability. There is no question that significant cost savings can be realized from having standardized... Show more content on Helpwriting.net ... Industrialized countries have the highest quality image, and there is generally a bias against products from developing countries. Within groups of countries grouped by economic development there are variations of image. For example, one study of COE between Mexico and Taiwan found that a microwave oven manufactured in Mexico was perceived as significantly more risky than an oven made in Taiwan. However, for jeans there was no difference in perception between the two countries. One might generalize that the more technical the product, the less positive is the perception of one manufactured in a less–developed or newly industrializing country. There is also the tendency to favor foreign made products over domestic made in less developed countries. Not all foreign products fare equally well since consumers in developing countries have stereotypes about the quality of foreign made products even from industrialized countries. A survey of consumers in the Czech Republic found that 72 percent of Japanese products were considered to be of the highest quality, German goods followed with 51%, Swiss goods with 48%, Czech goods with 32% and, last, the United States with 29%. One final generalization about COE involves fads that often surround products from particular countries or regions in the world. These fads are more often product specific and generally involve goods that are themselves faddish in nature. European consumers are apparently ... Get more on HelpWriting.net ...
  • 16. Relationship Between Foreign Aid And Migration In this article Bermeo and Lebland discuss two hypotheses explaining the relation between immigration and foreign aid. They hypothesis that (1) donor countries use this foreign aid to 'aid' or to further their own individual immigration policy goals, and (2) migrants, who have already moved, lobby their new countries for an increase in aid to their home countries. Anti–immigration parties and policies have come out of developed donor nations including Austria, Denmark, and the Netherlands. This social unrest stems from immigration of low skilled migrants to these industrialized countries. Many of these new policies include increases in border security and mandating language proficiency. These countries however send a significant amount in... Show more content on Helpwriting.net ... The relationship becomes stronger as donor nations' immigration policies become stricter. Therefore, when donor countries make decisions regarding foreign aid they take into account concerns of migration. This article focusses in on different policy decisions by more industrialized nations to limit immigration based on social concerns within their own countries; as a result, these nations give more in aid to provide incentives to potential migrants to stay in their home countries. This policy choice relies on the Mercantilist theory of state protection. By limiting immigration to these countries, they are restraining the number of low skilled workers allowed into the country, and are therefore following protectionist policies to defend their domestic workers. However, the other argument made in this article suggests that once these migrant have become established in their new nations, they work together to lobby for policy decisions benefiting their home countries' interests. This follows a more liberal theory, in that by allowing more aid to flow into these developing countries, they can participate in the global economy on a larger scale. Additionally there can be an argument made that these policies are a way of protecting the labor classes in the developed countries, and is therefore taking into account the ... Get more on HelpWriting.net ...
  • 17. Essay about The Shortcomings of the Current International... The Shortcomings of the Current International Trade System The issue of trade has been a factor in the interrelations between nations since their conception. Throughout history there have been many different structures that encompass these trade relations. In essence, the state of trade between counties coincided with, and depended upon, their economies, social structure, willingness to trade, and their available resources (tradable products and services). Today's trade system is still formulated by these factors. However, there are many more concerns and actors which must be weighed. The current international trade system is, to say the least, much more complex. In its complexity, the trade system has also inherited a very ... Show more content on Helpwriting.net ... However, because of confusion about the implications of free trade, the ITO never came to be. Most notably, the United States and Europe (mainly Britain) clashed in their concepts of free trade. The United States saw free trade as a great means of helping world prosperity and encouraging peace. Europe was however skeptical of this structural change while power was so unevenly shifted in favor of the United States. With the threat of the US slipping into another depression, which would also hurt Europe's economy, and presence of the Soviet Union's ideals lurking in the background, a determination on trade became essential. Finally, the GATT was established with the sole concern of reducing trade barriers. After several years of operation, the first of the South's voice would be heard as they began to complain of unfair tariffs that industrialized countries still had in place that were detrimental to the developing counties. It was reported by an investigative committee that, "barriers of all kinds in developed counties contributed significantly to the trade problems of developing countries." A major subject of the 1961 United Nations General Assembly was the large trade gap between developed and undeveloped worlds. The Group of 77 (G–77), made up of developing ... Get more on HelpWriting.net ...
  • 18. Essay On How The Paris Agreement Without The Usa Impact On... TITLE: Paris Agreement without the United States of America: Impact on Indonesia STATEMENT OF RESEARCH PROBLEM: Paris Agreement as the successor of climate change agreement after Kyoto Protocol is a milestone of a significant coordination between developed and developing countries in anticipating the threat of climate change. However, the withdrawal of the United States from this treaty after signing and ratifying it in 2016 could impact the implementation of the agreement, particularly on the process of in developing countries, one of which is Indonesia, to fulfill the commitment to reduce gas emissions with assistance from developed countries. RESEARCH QUESTIONS This research have a purpose to solve this main question: In what ways ... Show more content on Helpwriting.net ... Until August 2017, 159 parties of 195 countries that adopt the Paris Agreement have ratify this agreement, including United States of America and Indonesia. The United States of America as a developed country and also the second most polluter country have sign the Paris Agreement on 22 April 2016 and ratify it on 3 September 2016. Since the United States of America join the Paris Agreement, its Nationally Determined Contribution has a target to reduce greenhouse gas emission by 26–28% below the emission level on 2005 in 2025. As a developed country, based on Article 9 of the Paris Agreement that mention the developed countries should provide financial resources to assist the developing countries to meet their goals in countering the climate change, the United States of America also submitted a commitment of US$3000 million as part of the Green Climate Fund. Indonesia is an archipelago state with the second longest and low beach in the world and also a tropical country with vast forest and peatlands, thus make Indonesia vulnerable to climate change. Regarding these circumstances, Indonesia has a high concern on climate change agreement such as the Kyoto Protocol and the Paris Agreement. Therefore Indonesia signed the Paris Agreement on 22 April 2016 and ratify it on 24 October 2016. To support the Paris Agreement goals, Indonesia submitted the Intended Nationally Determined Contribution which mention the commitment of the Government of ... Get more on HelpWriting.net ...
  • 19. Mexico has experienced many reforms economically,... Mexico has experienced many reforms economically, socially, and politically in recent history leading itself into becoming a more well developed country. Typically, when people think of Mexico they think of the corruption in the government, the violent drug cartels, the widespread poverty, and the long time one party dominance of the government. Although these are major problems, they are not problems that are impossible to fix, or are currently being fixed. They are not persistent all throughout Mexico either, there are places where poverty, violent drug cartels, and corruption is non existent. Mexico is often misunderstood and generalized for a few flaws and characteristics it possesses. By the previously accepted definition, ... Show more content on Helpwriting.net ... On September 19th, 1985 at 7:19 in the morning a 8.0 magnitude earthquake shook Mexico city lasting three to five minutes.2 During the few minutes it lasted it managed to topple hundreds of buildings and kill over 10,000 people and injure plenty more. The next day at 7:38 in the afternoon a second earthquake hit the city with a magnitude of 7.3 causing even more damage and chaos. It was neither Mexico's liability or fault that it happened, but it was how the Mexican government reacted to the situation that was. The government reacted as poorly as they possibly could. Mexico's president at the time Miguel de la Madrid rejected offers of international aid to try and under evaluate the damage caused by the earthquake. People were forced to take matters into their own hands because the government was very slow to react, the government wasn't prepared whatsoever. The government took over 39 hours to merely recognize the situation. Citizens searched through rubble, rescued trapped people, provided aid, and gathered supplies with no support from the government. When Madrid finally accepted supplies corrupt government officials hoarded them for their own use when they had arrived. Many power generators, drinking water, clothing, housing tents, and necessities never actually saw earthquake victims. With such an unacceptable response from the government, middle and upper class families saw the city as crippled and migrated to surrounding ... Get more on HelpWriting.net ...
  • 20. Stockland Corporation Limited: A Case Study Of Stockland... Stockland Corporation Limited is a diversified property group . It is one of Australia's largest property group . Stockland was founded in 1952 . When the company was founded, they have a vison of contribute to the development of their cities and achieve growth and make profits .In 1957, Stockland listed on the Australian Stock Exchange.In 1965 , Stockland opened its first commercial development . The headquarters of Stockland is located at Castlereagh Street in Sydney, Australia . The founders of the company are Albert Scheinberg and Ervin Graf . The products of Stockland includes retail centers, business parks, logistics centers, office buildings, residential communities , retirement living villages , housing estate, shopping center management and others . The responsibility of the company has done towards the society and environment includes reduces energy used significantly by using LED lights . LED lights uses less energy compared to the traditional bulb . Other than that , Stockland reduces the water used by the company . Then , Stockland will assure that their products are in best quality before they sell it to their customers. Besides , Stockland.has a community that... Show more content on Helpwriting.net ... It can be classified into 2 categories . Internal source or external source of finance . Internal source of finance can be done by using retained profit. It is the profit that the company kept rather than pay it to the shareholders . It is kept in the company for further business expanding purposes . But not all business makes profit , it might not be enough to finance the business expansion . The advantages of choosing this source of finance is that it is cheap because the only cost is to pay shareholders when the company earn profit . It will allow the business to have full control of the business because there are no any new shareholders or partners come in to the company and control the business ... Get more on HelpWriting.net ...
  • 21. Importance Of Entrepreneurship During The World Countries... A) The importance of entrepreneurship in 3rd world countries: One valuable lesson I learned through this placement that also pertains very much so to international development, is the importance of entrepreneurship in both the first and third world. Entrepreneurship is not the first thing that is taught to the average Canadian student when asked to decide what they want to do post graduating high school. I however believe it should at least be taught, if only to provide our youth with another option to look at after graduation, as a potential career path for them. Entrepreneurship offers people a chance to come up with unimaginable solutions to people's problems, and provides the only true form of job security in today's turnover style of market. It also allows people to reach their maximum potential in the workforce because people are willing to work harder, if they are working for themselves and towards their personal goals and dreams. For my four month co–op placement I was in a full time entrepreneurial position. Working for myself was such an amazing experience, as everything I achieved was towards my end goal, and the personal development I experienced over the past four months was absolutely astounding. I went from having an average amount of knowledge with regards to personal finance, to having an extensive understanding of the financial industry. In learning the skills, I now can continue to help individuals and families navigate the industry and advise them on ... Get more on HelpWriting.net ...
  • 22. Developing Emerging Market Countries Are Risky Or Not? Outline: 1.Explain the question and terms mentioned in the questions "In less than a generation, global saving and investment will be dominated by the developing world." –Global Development Horizons report, 2014– Emerging markets are now more important than we thought. They hold a strategic position in the world and affect the global economy significantly. 80% of the world's population and 90% of global growth fall into emerging market countries. There are more than 20 countries that are considered emerging market countries, including four big ones (Brazil, Russia, India and China) and others all over the world (HSBC report.) Developed economy investors are no doubt investing heavily in emerging market countries thanks to their promising profit. However, the questions they have to face is, whether investing in emerging market countries are risky or not? This question will be revealed by this research paper, which is based on facts gathered from reliable sources. Answer the question 2.Current situations FDI flows to EMSs recently have decreased considerably compared to those in 1990s with regard of potential risks in EMSs. However, as time passes by, emerging market has become an important part of the international economy. Asia countries are the predominant location for FDI. China and India remain the two big countries that receive FDI sources. Because of low labor cost and low input cost, many investors are shifting their attention from Malaysia to China. India, as ... Get more on HelpWriting.net ...
  • 23. The Economic Integration And Industrialisation Essay In contemporary society, two broad standards of living define an individuals economic, political and social status (Nayyar 2013, pp. 41). These are the developed and developing world, concepts that have only originated in the last 150 years, which can be characterised by their success in global economic integration and industrialisation (Nayyar 2013, pp. 41). Globalisation has led to an increasingly connected and global economy, contributing to these often polar areas of the world. The capitalist ideology has been a driving force in shifting economics to a global scale, and in pursuit of wealth and competition can be attributed to the inequalities and differences observed in the developed and developing world. Coupled with the post–industrial era, Globalisation has resulted in the transition from manufacturing –centered to service–oriented industries in the developed world, while manufacturing has shifted to the developing world (Jovanovic 2015, p. 349). This process has led to disparity of wages, inequality and uneven development across national, regional and individual levels (O'Brien & Leichenko 2008, p. 96). This essay identifies the importance of the social and geographical situation of consumers in the developed or developing world in determining whether they are a beneficiary in the globalised economy. The role of advanced countries in introducing and monitoring processes of "trade, finance and investment" (Nayyar 2006, p. 138) to developing countries and how they are ... Get more on HelpWriting.net ...
  • 24. An Expanding World Population And A Degrading Earth An Expanding World Population & a Degrading Earth The world is currently home to around 7 billion people, but only a century ago there were only about 1.6 billion people living on it. It is estimated that the world population will soar to approximately 9 or 10 billion within the next forty years (Lambert 6). Along with the increasing global population, climate change and water scarcity are also burdening the survival of our planet (Lambert 5). The FAO has warned that agriculture must produce 70% more food within the next 40 years to feed our expanding population, but the world's resources and land are dwindling as quickly as the population is expanding (Lambert 5). The world urban populations have been increasing consistently and are ... Show more content on Helpwriting.net ... A balance must be achieved as agriculture accounts for 30% of income in developing countries and without food production, the current world population could not survive (Munesue 9). How is humanity supposed to feed its future self of 10 billion people without destroying itself through overuse of its Earth? Is Food Security a Human Right? There are more hunger related deaths each year throughout the world than AIDS malaria, and TB combined (Lambert 4). 25,000 people die everyday due to hunger related deaths (Lambert 4). The International Conference on Nutrition in 1992 and the World Food Summit in 1996 emphasized the importance of access to safe and nutritious food being recognized as a fundamental human right (Lusamba 3). It has been an established principle that a country 's rate of food insecurity is directly related to system of governance (Lambert 7). Democratic societies have much lower rates of food insecurity than those countries with more authoritarian governments (Lambert 7). In this paper, food insecurity is defined as a condition in which an individual or population does not have access to safe culturally appropriate food that meets their caloric and nutritional needs. This paper is a study of the current state of food insecurity in four different countries throughout the world. A brief section is devoted to the U.S. as a tool for ... Get more on HelpWriting.net ...
  • 25. Porter's Five Forces Cosmetics Porter's Five Forces Analysis Supplier Power The selling power in developing countries and emerging markets is relatively low. This can be argued in Jamaica's case as the demand for cosmetics continues to grow consistently. In fact, not many companies have ventured into developing products which meet the specific needs of this market segment. In order to achieve long term profitability, new market entrants should focus on this neglected population segment. The high selling power in the developed countries leads to high competition and an overall reduction in profitability for cosmetic firms in this industry. This is based on most of the largest cosmetic companies are based in developing countries. Buyer Power Based on the primary target market and to some extent the secondary target market, the power of the buyer to drive the forces of price fluctuation is quite challenging based on the number of buyers from both target market. Depending on the type of buyer such as a loyal buyer then prices may be considered more prone to decreasing which may be as a result of discounts etc. As it relates to buyer power on a general scale, it won't... Show more content on Helpwriting.net ... This is as a result of the need for cosmetic products such as lipsticks. The cosmetic industry has a low threat of new entrants. This is as a result of several factors. There is a very high cost of entry. The development of unique or one of a kind cosmetic product requires many resources for both the research and development and the actual manufacturing process. Only a few middle and small scale firms have access to the funds and expertise required to exercise this effectively. Also, another factor which discourages new entry into this industry is the huge competitors that are present in the industry such MAC, Revlon, Maybelline etc. There are many competitors who reduce the overall profitability of the industry, which makes it a barrier to ... Get more on HelpWriting.net ...
  • 26. Sweatshops : Sweatshops And Sweatshops Inexpensive clothing has been the major trend thanks to the cheap laboring in Asia. Though we take granted for inexpensive clothes, we know little about how those clothes are made. In the manufacturing process, sometimes people die in the working environments because of the companies' neglects on maintaining buildings, providing equipment for better production and improving the working environment. Some factories use children because they can cut more wages. Manufacturing factories with low wage, long working hours and poor conditions that violate human rights are called sweatshops. Since sweatshops violate human rights, they are unethical. Knowing this fact, should companies stop laboring in developing countries? The answer is no. In short, sweatshops are necessity parts of supply chain that fulfill demands and job supplies. Nonetheless, because sweatshops play vital role on offering jobs and inexpensive fashion products, those companies should take responsibilities. Simultaneously, the localgovernment should make strict regulations on child labor and severe working circumstances to protect the citizens and labor rights. We will examine how companies and governments can make improvements on sweatshops controversy with hypothetical analysis on two outcomes of ending and continuing sweatshops. When we consider ending sweatshops, what would be the outcome? The workers no longer have to suffer from the degraded treatment and any mental or physical damages from the works. On ... Get more on HelpWriting.net ...
  • 27. The World Economic Power And Its Impact On The Economy In this book, Dobbs, Manyika, and Woetzel believe the world is almost constantly discontinued. Many long–held assumptions, long–term projections, and long–stand trends have been upended by disruptive technologies, trends, and developments. A completely different world is being formed by four main forces. The first force is the development of emerging markets and the growing urbanization within these markets (Cooper, 2015). The world economic power is moving to east and south. As an example, China is predicted to have most large companies located in rather than the United States or Europe by 2025. Equally important, economic activities are arising within these emerging markets. For instance, a Chinese city Tianjin, who had a same size GDP ... Show more content on Helpwriting.net ... The final power is the tighter global connection in capital, people, and information. The connection between the countries has already become an intricate web from a series of lines simply connecting core trading pivots of developed economies. The capital flows between emerging markets; the trades between developing areas and the people crossed borders have all experienced a sharp increase. Figure 1: Global connection has become a complex web (Neal, 2013). In the end, the authors give an optimistic summary forecasting that the world will become richer, healthier and more developed. The urbanization will be higher; the technology will also achieve a higher level. There will be more innovations for challenges, more products and services for new consumers and more opportunities for entrepreneurs. In their words, today is "an age of recurring miracles". According to the given information about the authors at the back of the book, they three are all scholars or doctors from Oxford, Stanford or the University of Southern California. Therefore, it can be believed that they have clear ideas of the content of their book. However, there is an important fact that the authors are all directors of McKinsey and of the McKinsey Global Institute. It is possible that they write the book for business purposes because MGI is a business institute which provides information to leaders in the commercial, public, and social ... Get more on HelpWriting.net ...
  • 28. Making The American Workforce A Friendly Place For Women... We all had a teacher in school who took maternity leave. This standard, dictated by the 1993 federal Family and Medical Leave Act (FMLA), applies not only to teachers but to women of all professions and allows mothers to take up to twelve weeks of protected, but unpaid leave (Cohn 9). This period, however, is not long enough for the mother and child to fully recover. Providing longer maternity leaves would also benefit businesses and the American society. Many countries around the world provide significantly longer leaves or even allow fathers to take paid paternity leaves. Making the American workforce a friendly place for women and families through revised maternity leave policies will benefit both the U.S. economy and U.S. families. Incomes in the U.S. are currently falling, particularly among low–income families. Because one income is no longer enough to support the family, it is now necessary for many women to bring home a paycheck as well. (Warner 27). Having young children while working is difficult for many women in the U.S. workplace. In fact, thirty–five percent of U.S. women have cited work and family balance as their largest, single concern (Appelbaum and Milkman 8). For this reason, many developed countries around the world devote resources to providing for their young families because they are aware of the role that women play in sustaining the country. In 2014, eleven countries provided at least one hundred weeks of protected leave and the majority of ... Get more on HelpWriting.net ...
  • 29. The Movement Of Healthcare Workers Essay The movement of healthcare workers from one country to another has shaped many nations economic standing. There are positives and negatives for the country receiving these new workers as well as the countries losing them. I conducted an interview with a current clinical pathologist who received her education in IRAN, but migrated to the U.S for a better opportunity. She is currently working for UCLA in California earning more than she would have if she stayed in IRAN. I learned a lot from her and really was able to understand way people from underdeveloped countries decide to come the U.S for a better quality of life. The resource poor countries that are continuously losing their more educated population to developed countries are taking a huge hit in their economic stability, according to the World Health Organization: "65 percent of all economically active migrants who have moved to developed countries are classed as highly skilled". We are taking the top educated people from We must also consider that these less developed countries that are losing their healthcare workers already have a weakened healthcare system. These poorer countries already have overcrowded hospitals with a lack of medical staff to properly care for their patients. The healthcare workers migrating over definitely have the right to better their own lives, but countries like the U.S and the United Kingdom must also consider the damage they do when they take these workers from other countries. ... Get more on HelpWriting.net ...
  • 30. Bibliography on Globalization and Health Globalization and Health Globalization has had a huge effect on health, both positive and negative. Because of increased mobility due to globalization, health professionals are able to cross borders with stunning speed in order to deliver care and patients in need of certain treatments have benefited from the ability to leave their country for care. The Internet makes it easier to alert the relevant authorities to the outbreak of a disease and to share information on health issues. However, globalization has had negative effects on health as well. When the Europeans first traveled and colonized the world, they brought with them terrible diseases, killing over 90% of the population. The Aztec, Maya, and Inca tribes were the most affected by these diseases. International travel and globalization has brought many diseases, previously native to certain countries, all over the world. For example, Chagas Disease, a disease spread by insects brought over from Mexican immigrants, has infected more than 500,000 citizens of America. Illegal drug trade, another result of globalization, is also having a negative effect on health. Another negative effect of globalization is the recognition of medical degrees of less developed countries by developed countries. Young medical professionals from less–developed countries finish their training in developed nations and tend to stay to develop their careers and raise their families. This drains less developed countries of needed health care ... Get more on HelpWriting.net ...
  • 31. Prisoner's Dilemma Essay The theory of Public Goods and Prisoner's Dilemma games have been used on numerous occasions to characterize bargaining situations in the International Political Economy. The Prisoners Dilemma is an abstract game model that is often used to depict the difficulties that governments face when trying to cooperate in the global economy. Unfortunately, withinInternational Trade, there are aspects that may take the form of the prisoner's dilemmas than public goods. Public goods are also called collective goods. These are goods that cannot practically be withheld from one consumer without withholding them from all. In the Prisoner's Dilemma model, only one prisoner, or state can go free. This situation can only happen at the expense of the others. A country can liberalize, by opening its market to for another country to export. A country can protect itself by using tariffs to keep the other countries products out of its domestic market. The prisoner's dilemma outcome of protect and liberalize are more preferred than to liberalize and liberalize because the initiator gains from the tariffs, while their trading partner benefits from being able to access from that country. The theory highlights that when each country pursue their own self– interest, then the outcomes are worse than if they had of cooperated with another country. Although, it does show that cooperation is not always in one's best interests. Pareto optimal is where there is no single actor or state that is better off ... Get more on HelpWriting.net ...
  • 32. The Human Development Index ( Hdi ) The Human Development Index (HDI) does a pronounced disservice to India. India, a country that, through economic miracles and perseverance, has risen from the ranks of the poorest in the world to a middle–income country in the span of only a few decades. The HDI Report, which is not universally applicable and applies too much weight in certain areas, makes certain countries look better than they should or, in India's case, artificially lower its ranking among the world. So, although skewed, what does the HDI say about India's level of development, recent growth, and outlook for future decades? Based on its HDI ranking relative to other nations, India "does a relatively poor job of converting its income into good health and educational outcomes" ("Shaping the Developing World", 48). This means that India's use of its capital and human capital is inefficient, at least in comparison to countries with similar incomes, in respect to improving its infrastructure, services, and other factors that generally improve the lives of its citizens. In India's case, this is most evident by far in the government's provision (or lack thereof) of adequate education and health services. India's infant mortality rate is ten times that of the average developed country, and only around 35% of citizens have access to toilets and clean water ("Shaping the Developing World", 49). There are more than 30 million Indian school–age children who are not attending, and those that do receive a lackluster ... Get more on HelpWriting.net ...
  • 33. The Causes Of World Hunger In The World Tommy Luong Dave King English 150 20 September 2017Without Food Death Is All I Have Left To Eat The day usually starts with breakfast but there is no food to be seen or be eaten, so all that is left to do is starve and wait until your next opportunity to eat happens. This is a reality for those around the world as some people are unable to get food for themselves or for their families. This is contributed by the world's population being around 7 billion people and still growing to a higher population. This high population and its rapid growth rate of about 80 million births per year can lead to potential food shortages in different places in the world that makes world hunger becoming a major social problem that can lead to disease and countries dying because of starvation. Some would say that helping world hunger is a waste of developed nations resources. However that is something I disagree with because a lot of the world production of goods come from undeveloped countries. In order to reduce the problem they're should be a way to limit the population growth in countries in the world that are highly populated besides China's one child law already in place or have a way to better sustain the world's growing population. The causes of world hunger in the world is due to the increase in population in very developed countries allowing a longer life span causing the world population to increase more quickly because there would be a higher consumption of food and it would ... Get more on HelpWriting.net ...
  • 34. The Story of a First Forbes Billionaire from a Least... The Story of a First Forbes Billionaire from a least Developed Country: Nepal Background The news in Forbes that the small Himalayan nation of Nepal (with the population of 30 million), among the poorest countries in the world, has produced its first billionaire in Binod Chaudhary, chairman of the Cinnovation/Chaudhary Group made Nepalese jubilant. In a country where businesses were failing due to political conflict, one man and his team successfully made a mark in the nation's economic history. This case exemplifies how right strategies can help businesses succeed even in a nation engulfed by political stagnation, civil war and economic problems. Winning Aspirations With the vision of "Touching Life Everyday" Chaudhary Group is now a business conglomerate including forty businesses, and its operations cover across all five continents. However, the story begins with a humble background. Mr. Chaudhary's family started a business in Kathmandu, the capital city of Nepal, in the year 1934 by leasing a shop at $3 per month. Starting as an importer of textiles from India, they opened up a flour mill in the year 1974. The business boomed after the introduction of "Wai Wai" (ไวไว) in Nepal. The name of Binod Chaudhary is synonymous to "Wai Wai" for many Nepalese consumers. During one visit to Thailand, Mr. Chaudhary observed that loads of "Wai Wai" noodles were exported to Nepal from Thailand. Noticing the popularity he started producing "Wai Wai" in Nepal. The partnership with ... Get more on HelpWriting.net ...
  • 35. Least Depeloping Countries Least developing countries are the countries which are poor in agricultural that are seeking to become more advanced economically and socially. Most of the countries are developing, less developed or Third World countries. However, the big difference in wealth and economic development amongst Third countries, the concluding are typically characterised by a low average per capita income, high external debt (to foreign banks and states in respect of loans acquired), a strong dependance on agriculture and other primary activities. CONTENT A serious problem facing LDCs is that they lack the money (sometimes the political will) to invest in business–enhancing enterprises, and to shape up and sustain their physical and transport–related infrastructure. Export and import activity suffers as a result and the countries feel progressively relegated in the international trade field. A contributing factor to this phenomenon is that more than 50% of the population in LDCs is under the age of 15 and therefore not economically active. Yet youths still require basic services (health care, education, etc.) for which the government has to foot the bill. Another restriction to the LDCs getting ahead in the international trade arena is that their governments are often more concerned about getting special treatment from the wealthier countries than developing ways to create more sustainable industries and become more competitive. Frequent political trouble in the LDCs also plays confusion ... Get more on HelpWriting.net ...
  • 36. A Brief Note On The World Of A Big World Rachhpal Singh 12/10/15 Eng. 125 Mr. Jordan Dakin Really Small Thing in a Big World With the boom of modern technology in the late 19th century it has only grown from helping human like through medical innovations to bringing the worst of humanity in the time of war like weaponing tear gas by the French then poison gas by Germany in World War 1. This has not been the first advances in technology. Railroad made transporting large quantity of products from one states to the others faster. Telegrams and telephones made it easier to communicate over large areas in very short time. And then came the internet which tore down all borders and shrunk the world into a new state where a person could communicate with another siting in other country ... Show more content on Helpwriting.net ... Nanotechnology can revolutionize the world in the fields of medicine, environment, technology, etc. In "Nanotechnology Could Alleviate Many of the Problems of the Developing World" Heller, Jacob, and Christine Peterson stated that "A Paper by Fabio Salamance–Buentello et al. founded that nanotechnology could be applied to attain at least five of the eight United Nations Millennium Development Goals (MDG)." United Nations Millennium Development Goals are as followed: eradicating extreme poverty and hunger, achieving universal primary education, promoting gender equality and empowering women, reducing child mortality, improving maternal health, combating HIV and AIDs, malaria and other diseases, ensuring environmental sustainability, and developing a Global Partnership for development. Photovoltaic cells based on quantum dot technology, nanocrystals for hydrogen creation and the production of hydrogen storage systems based on carbon nanotubes would significantly improve environmentally sustainable development (Heller, Jacob, and Christine Peterson). "Although hydrogen is an alternative to fossil fuels, it formation, storage and conversion to electricity as facing technological challenges. However, in the use of water as a renewable resource to produce hydrogen, the uses of nanocphoto catalysts have shown promise.," argued Karunaratne, ... Get more on HelpWriting.net ...
  • 37. Looking at Least Developed Countries The Least Developed Countries represent the poorest and weakest segment of the world. They own more than 880 million people (about 12 per cent of world population), but account for less than 2 % of world GDP and about 1 % of global trade in goods (About LDCs, 2014). Their low level of socio–economic development is characterized by weak human and institutional dimensions, low and unequally income and shortage of domestic financial resources. They often suffer from political instability, a problematic government and internal and external conflicts (such as war). Their economies are affected by a cycle of low productivity and low investment. They rely on the export of few primary commodities as major source of export and fiscal earnings, which makes them highly vulnerable to external trade shocks. LLDC's raise concerns all over the world when their challenges that lay ahead and their future part in global economics are concerned (Least deveLoped countries series, 2011). UNCTAD believes that the major challenge will be an employment challenge, and the central policy issues relate to how to address this in a global environment considered by accelerating globalization and climate change and with governance deficits at national and global levels. The employment challenge in LDCs is to create productive jobs and livelihoods for the millions of young people who are entering the labour force each year. The scale of this challenge will be greater in the coming years than in the past. ... Get more on HelpWriting.net ...
  • 38. Things Fall Apart Chapter 2 Summary Chapters 1 and 2 2. a) "War is the greatest plague that can afflict humanity, it destroys religion, it destroys states, it destroys families. Any scourge is preferable to it.", Martin Luther. This statement is undoubtedly accurate; during the war, there is only chaos. Bombings, bloodshed, gunfire, deaths of innocents, to only name a few of the unthinkable acts during this time of devastation. After the Taliban had taken over, the bombing had indeed stopped, but the brutality and disorder of the war remained. Women were forced to stay in their homes, to leave what little education they had and were not allowed to go to work. They always had wear burqas when out in public, they had to learn to hold their tongues and hide their faces, because fatal and troubling consequences are happen to young ... Show more content on Helpwriting.net ... The right to education, the right to freedom, the right to having a voice, or the right to simply wander and explore were snatched away from females and are never to be seen again because of their gender. The innocence of a child is also taken without a second thought; the first day of school, school performances, graduation, prom, earning a driver's license, falling in love, and making all the wrong decisions, to name a few situations. The simple moments in life that we take for granted are all wrenched out of our grasps because war is a time of sexism, violence, discrimination, injustice and inequality, not simplicity and peace Even now in society, women are constantly being taken for granted. They are seen as being weak, frail, soft, vulnerable, helpless, quiet and timid. We, as females, have evolved and stepped up in society since that dark era. We have become international leaders, we have provided opportunities for millions of people, we are compassionate and helpful to those in need and are now recognized as some of the most powerful and influential individuals internationally. Take Michelle Obama, BeyoncГ©, Hilary Clinton, Ellen DeGeneres and Melinda ... Get more on HelpWriting.net ...
  • 39. The Rights Of The Global Warming My argument is that those who have taken part in causing global warming, which are the developed countries, should be held responsible by cutting back more than other countries to correct the injustice that they have inflicted on the poorer countries. These nations are infringing on the rights of the victimized nations. Therefore, I would argue that there is an ethical basis for deciding whether some countries should cut back emissions more than others because the situation is not only unfair, but also violates the rights of innocent people. Everyone has a right to life, a right to not be harmed, and more specifically, "the right not to have one's life taken directly as a means to further one's end" (Finnis). Immanuel Kant thought reason tells us to, "Act only on a maxim that you can will to be a universal law" (Kant). Under Kantism views, an ethical act is ethical if it can become universal law without undermining some sort of construct. If we say that developed countries can emit greenhouse gases, thus causing harm, without consequence, then it will undermine the principle that the innocent has the right to not be harmed. Therefore, when that right is violated, there is an ethical issue. For example, if a burglar steals, it is only fair that they are reprimanded accordingly by giving back what they stole, plus an additional punishment, to ameliorate the harm that he caused. To extrapolate this example to global warming, the developed nations are stealing from the poor ... Get more on HelpWriting.net ...
  • 40. The Hardships Hitting Least Developed Countries Introduction: Developed countries are countries which obtain a great level of income and are also referred to as industrialised countries. Developed countries are in support of free market principals, are very advanced in their education levels, technology. They also have high standard of living, and also have a declining rate of population. Least developed countries are not economically stable, their development process is very slow and are known to be very poverty stricken. These LDCs standard of living is very poor thus they are exposed to many economic and social problems. A clear description of least developed countries would be low economic growth, huge problem in unemployment, institution capacity is very vulnerable, poverty stricken, and have poor infustructure, inadequate education, climate implications, lower income as well as per capita income. LCDs have minimal savings and investment opportunities. Emerging countries are nations that are not extremely poor but have low or medium per capita income, these countries are very capable of having great economic growth but are still referred to risk economies, where they are classifies as nations that are not yet fully stable to invest in or do other kinds of trading with. Least developed countries encounters different problems such as: Lower per capita The instability of socio and politics Inequality or widening gap between the wealthy citizens and the poorer citizens The infustructure development is slow and ... Get more on HelpWriting.net ...