Economic development in China and India Essay

Foreign trade in China is almost completely dominated by the state. In 1979, China relaxed certain trade restrictions, paving the way for increases in the relatively small foreign investment and trade activity. By the late 1980s, yearly exports totaled about $41. 1 billion and imports $46. 4 billion, and both have increased sharply since then. China has been undergoing a dramatic transformation to a market economy. As a result, it currently is the world leader in terms of economic growth, industrial expansion, and exports. It contains an array of potential consumers that far exceeds the markets in Europe or the Western Hemisphere, and it is rapidly emerging as a new epicenter for industry, commerce, and finance. In addition, the so-called â€Å"greater China† has substantial amounts of technology and manufacturing capability, outstanding entrepreneurial, marketing, and services acumen in Hong Kong, a fine communications network and a tremendous pool of financial. When these resources are combined with the very large endowment of land, resources, and labor on the mainland, China already is a major superpower in the global economy. The people’s Republic of China (PRC or China, for short) has had a long tradition of isolation. In 1979, Deng Xiaoping opened his country to the world. Although his bloody 1989 put-down of protestors in Tiananmen Square was a definite setback for progress, China is rapidly trying to close the gap between itself and economically advance nations and to establish itself as an economic power in the Pacific Rim. Southeast China in particular has become a hotbed of business activity. Presently, China is actively encouraging trade with the West, and it is a major trading partner of the United States. Despite this progress, many U. S. and European multinationals find that doing business in the PRC can be a long, grueling process that often results in failure. One primary reason is that Western-based MNCs do not understand the role and impact of Chinese culture. Since the last few decades there has been a multifold increase in the FDI in China. The Chinese economy has now gaining the power of effecting the decisions of the economic bodies of the world. History of FDI growth in China: The country launched its open door policy 26 years ago. Since the policy introduction the FDI flows in the country received a quick response. In 2004 China was at no. 2nd position in the world of FDI with $64 billion. The Chinese FDI trends can be examined in two phases. First phase: 1979-82 Second phase: 1984-91 Third phase: 1992-99 In the first phase the government establish for special zones with incentive policies. Although there was a high inflow into those regions, the total FDI flow reached US $ 1. 8 billion. In the second phase the provinces were opened and recorded US $ 10. 3 billion. In 1989 however the trend dropped. In the third phase Deny Xiaoping opened China for overall economic reform. The phase was very fruitful for China. The government introduced new policies and market oriented economic reform. In result of these reforms the FDI’s started flowing into the Chinese economy at rocket speed. In November 1999 US-China had an agreement regarding the WTO, according to which many new reforms were made (Sandra, 2001) those included †¢ The sectors relating to the distribution services will be opened for repair and maintenance and China will phase in trading rights and distribution services over three years. The Government for the investment opened the telecommunication industry of China. †¢ The professionals were also allowed access to the service markets of China. The services included according, consulting, Information Technology and Engineering. (Lardy, 2000). FDI in China rose to a peak level of US $ 45463 million in 1998. In the first six months of 2002, actual foreign direct investment (FDI) in China rocketed to 24. 58 billion U. S. dollars, setting a record growth rate of 18. 69 percent year-on-year. (Beijing Time, 2002) On June 22, 2005, CNOOC, a Chinese company made a $18. billion bid to purchase Unocal Corporation, an U. S. energy company. News of the bid raised concern among several Members, many of who contend that the deal would threaten U. S. national security. On June 30, 2005, the House passed H. Res. 344 (Pombo) by a vote of 398 to 15, expressing the sense of the House of Representatives that a Chinese state-owned energy company exercising control of critical United States energy infrastructure and energy production capacity could take action that would threaten to impair the national security of the United States. On the same day, the House passed an amendment (H.  Amdt. 431) to an appropriations bill (H. R. 3058) that would prohibit the use of funds from being made available to recommend approval of the sale of Unocal Corporation to CNOOC. On May 20, 2005, the Chinese government reported that first quarter real GDP grew by 9. 4% in 2005 over the same period in 2004. On April 15, 2005, the Chinese government reported that its foreign exchange reserves had risen to $659. 1 billion by the end of May 2005. (Morrison, 2005) Some researchers state the fact that the data reported for FDI in China is different from the reality. The Chinese FDI data is overstated. About ? of flight capital later returns (â€Å"round-trips†) as FDI when opportunities emerge. (Gunter, 2004) From the early 1990s most of the researchers from International bodies have calculated wrong FDI. It is Mainland Chinese monies that flowed out to access better financial, regulatory and legal services and round-trip by returning to China as apparent FDI to access the fiscal incentives and improved investor protection offered in China to foreign investors. (Erskine, 2004) Outward FDI: â€Å"The figures on FDI outflows vary. According to China’s BOP statistics, the cumulative total during 1990 to 1997 was US$18. 9 billion, consisting exclusively of equity capital. Since the 1980s, China has been fast acquiring assets abroad. Researchers7 estimate that Chinese FDI in Hong Kong totaled US$20-30 billion by the end of 1993 or 1994. In fact the net wealth of Chinese affiliates abroad can be measured in hundreds of billion dollars. Officially, the Chinese SOEs had as many as 5 666 affiliates abroad at the end of 1998 with a combined FDI of US$6. 33 billion. (Chandra) Both the in-ward and the out-ward FDIs are a strong influencing forces which effect the trade performance of a country. This can be further explained by conducting the following case study. The study reveals increased value to Economy of China due to FDI. Source countries: Among the developed countries Japan & United States are the most important investors in China. Hong Kong is also an important investor and newly industrialized (NIEs. From 1990’s some of the countries like Philippines Malaysia & Indonesia have also increased their investment levels in China. Other countries are also showing interest in investing in China in future. In 2003, Sino-Japan trade reached a record high $132 billion. Examining the fast expansion of the bilateral trade suggests that direct investment from Japan performed a critical role in strengthening the economic integration between the two economies. Japanese affiliated manufacturers in China contributed to the soaring bilateral trade in dual ways: exporting their products as final products and intermediate inputs to Japan, and importing intermediates inputs from Japan for their production in China. In 2002, Japanese affiliated manufacturers exported 1,057 billion yen products to Japanese market (METI, 2003). The effect on China’s exports and its national economy is tremendous. (Xing, 2004) FDI from China: Not much material is provided regarding the subject. Although Hong Kong can be viewed as the destination for out ward flow of FDI from China. Sector and geographical distribution of FDI in China Sector Distribution: â€Å"So far, the major proportion of FDI is drawn for the manufacturing field, which takes up almost 60 per cent of the total contracted FDI by 1998. Next follows real estate with the share of 24. 4 percent. The portion of the distribution industry including transport, wholesale and retailing is 6. 0 percent. Construction comes next with 3. 1 percent. The primary industry such as agriculture, forestry and fishing takes 1. 8 per cent. In the future, service trade, such as finances, telecommunications and wholesale and resale commerce, will take up a larger share as a result of Chinese accession to WTO and further liberalization. Further investment liberalization should also take place in traditional industries. Especially, the expansion of FDI in agriculture will depend on the degree of opening up to the market circulation of agricultural products and the industrialized process of production operations. FIEs also generated nearly one fifth of the total tax revenues and 23. 5 million job opportunities, employing about one 10th of urban workers. These numbers suggest FDI has contributed nearly one quarter to one third of China’s GDP growth. †(OECD, 2004) Barriers in the way of FDI in China: The Chinese government has applied a controlled competition culture which against the liberalization provided by the WTO which lift most of the regulations from the trade & commerce (Yoost, 2005) Many assets in commercial and industrial sectors are state owned. This in turn gives rise to the problem of hidden state regulation imposition of the government on the foreign investors. This strengthens the view that China does not practice liberty in Business. Some of the sectors of economy are still protected by the government. Due to the situation the WTO commitments are not fulfilled which gives rise to local competition for foreign investors Factors attracting FDI in India: â€Å"India is a prime offshore location for low and high-tech activities, its low-cost, English-speaking and IT-savvy labor force, coupled with a large market potential, underpin global executives’ improved outlook and investment confidence this year. † (Rediff. com, 2003) The first set of factors which was involved in bringing the FDI to India was the improvement in technology, cheap labor, cost effective production of the goods, cheap and efficient supply chain. The Indian Government also has the cutting edge of Channeling the FDI in the right direction. They are attracting most of the MNEs towards India because at present the Chinese economy can provide them with all the suitable factors desired. Due to its increase in population India has become a growing and profitable market for most of the MNEs & products (Ahluwalia) The second set of factors, relating to SOEs, will change significantly and alter the market environment that foreign firms will face in India. Many if not the majority, of India’s best SOEs in industries accessible to foreign investors have set up joint ventures with foreign companies. In the foreseeable future, as the number of SOEs in the national economy continues to shrink, India will facilitate the entry of private domestic firms. MNCs will tend to build up their own affiliates rather than look for Indian domestic partners. At the same time, they will face more competition from private Indian firms as their numbers increase. All of these will become attractive features of the Indian market. Foreign invested enterprises (FIEs) have provided an alternative to private entrepreneurship because private Indian firms have been largely discriminated against. In the past 20 years, the highly efficient FIEs have contributed a great deal to the Indian economy. In 2002, even though FDI accounted for only one 10th of the gross fixed capital formation, FIEs contributed one third of the industrial output, one quarter of the value added, more than half of the exports, and nearly three quarters of the foreign exchange balances held in Chinese banks by corporations (Zhang, 2005). â€Å"The government of India eliminated export quotas as part of its effort to double Indian exports to more than $80 billion by 2007. India is the largest cotton cultivating country. The country has vast reservoir of scientific talent, established pharmaceutical industry, diversity of population and unique natural resources. Key to India’s development of biotechnology is the need for a science-based, rules-based regulatory approach, which is the best way to attract private sector investment. † (Larson, 2002) The major empirical conclusions of this paper are: (1) Much of the measured trade effect is through FDI rather than cost, as the theory of FDI would indicate, and that studies which concentrate on cost as the channel significantly understate the extent of such expansion. 2) On the whole bilateral country level, outward FDI has a larger predicted impact on China’s exports than does inward FDI. On the other hand, inward FDI is found having a larger predicted impact on China’s imports than does outward FDI. (3) There is much cross-regional variation and differences in the patterns of FDI-trade links. Regarding to the impact of inward FDI on Chinese trade, FDI is found to boost both export and import growth in Asia, Europe and Oceania. As far as outward FDI is concerned, a unanimous complement link between FDI and trade exists only for Asia, and Africa. (Yong, 2003) The work undertaken in this paper is an improved one because it takes into account all the aspects related to the FDI including a set of countries which contributes towards the FDI in China & India, the contribution made by this paper is in more fully evaluating an important policy question regarding the effect of FDI. Second, it takes into account national changes both in inward FDI and outward FDI over a considerable period of time.

Mongolia’s Karakorum

The ancient city of Karakorum in the 13th century according to history and archaeological records was the seat and the imperial capital of the Mongol Empire of Genghis (or Chinggis) Khan. It is located in the Ovohangai Mongolia, near the Orhon River and Mount Otuken according to Haw (2006, 32). The city was founded and erected by Genghis Khan himself in 1220 to serve as the seat of his vast Mongol Empire and not only served as the administrative center but a major cultural link between the East and the West. Before the 13th century, the area around Karakorum particularly Karabalghasun used to be the seat of the Uyghurs who needed a permanent fortified capital to store resources extorted from China in 750-757. Ideally, this place was the best choice because the Turks and the Mongols considered the surrounding lands as sacred. After the Uyghurs were destroyed in 840 by the Khirgiz; the region was transformed from a Turkish heartland to a Mongol land. The Khirgiz power was however centered on the Yenisei River to the North which was how the area around Mt. Outuken and Karakorum faded into oblivion according to Findley (2005, 49). Geographically Karakorum also lies in the northwestern corner of the Ãâ€"và ¶rkhangai Province of Mongolia, near today’s town of Kharkhorin. This region is surrounded by arable land making the soil generally soft and ideal for planting after the annual flooding according to Morgan (1986, 87). The land is also conducive to grazing which is highly acceptable and desirable to a nomadic tribe who relied on horses to travel faster to faraway lands. Present day Mongolia has discovered the ruins of the vast city of Karakorum in an area which was suitable for both crops and livestock and which possessed very old-established mining deposits Morgan(1986, 46). As a major geographic route in the Middle Ages, Karakorum is also a saddle between two mountains and a river and considered a relatively easy passage to the East which was how Genghis must have envisioned his central empire. When the Mongols reunited the steppe tribes, they created the largest land-based empire in history interlinking Europe and Asia under Genghis Khan in McCannon (2006, 143). However, prior to their expansion, the Mongols did not have a sophisticated society and proved adept at cultural borrowing as related in McCannon (2006, 144). History has related how the Mongols behaved like barbarians without any regard for personal care and clothing. As warriors, a nomadic life best suited them and anything that could slow their journey to the next city they could conquer is avoided. However Kwantes revealed that the Mongols massive journey and conquests into other lands awoke them to goods they had never seen (2005, 57). Khan and his men learned to appreciate the beautiful silk, delicious food and exotic items pillaged and gathered from other places (Kwantes, 57). They began to slowly learn about other people’s culture which changed their way of lives. Genghis Khan’s advisers told him once, â€Å"thou has conquered great empire in the saddle†¦ thou cannot govern it so,† (Kwantes 58). Clearly this advisor understood that Khan’s nomadic way of life could not continue when vast lands and goods were acquired without a central government devised to rule for such a grown empire. Understanding the need for continuity of the Mongol rule, Genghis Khan now growing older changed the Mongol’s nomadic life and decided to establish Karakorum as his headquarters because of its accessibility and spiritual history (Kwantes, 57). In its prime Karakorum served not only as the administrative centre of the Mongolian Empire, but also as a major trade and cultural link between East and West in Haw, (2006, 32). The Mongols soon imposed a single political authority, encouraged economic exchange and made travel conditions safer according to McCannon (2006, 144). They began to established cities around their territories and made crucial economic centers passable for merchants, missionaries and travelers of all profession (McCannon, 144). Genghis Khan desired for his people to learn which is why foreign visitors were encouraged and welcomed so the Mongols could gather knowledge from the foreigners about cultures uncommon to them. Morgan once said that the Mongols were unsophisticated and uncultured who did not know how to write (1986, 114). All this would change later on as Mongol conquest is contemporarily declared as the transfer of intellectual and scientific primacy of the Old World from Islamic societies to Western and Eastern societies in Saunders(2001, 82). At its height, Karakorum became a busy metropolis served by soldiers, merchants, and craftspeople, many of the latter imported from lands conquered by the Mongolian military in Morgan (1986, 114). The ancient city, with an area of 400 meters by 400 meters, was protected from attackers by a fortified wall, and near each of the wall’s four gates, four giant granite turtle sculptures were installed to protect the city from a potentially more dangerous threat: periodic floods from the Orhon River in Morgan (1986:115). Karakorum in the 13th century then became home to more than ten thousand people, including Khan’s family, noblemen, ministers, military leaders, craftsmen, traders, clergy, and foreign guests, in addition to nomads inhabiting the compounds in Morgan (1986, 114). The huge size of the city was ideal for the city’s diverse religions where twelve idol temples of different nations, two mosques in which is cried the and one church of Christians could be found within its walls(Kwantes, 59). In addition, a diverse population also inhabited the walls with resident Chinese, Alans, Ruthenians, Georgians, Hermenians and other non-Mongol peoples inside as provided in Saunders (2001, 19). Karakorum became a host to a stream of foreign emissaries and traders like Marco Polo and perhaps Ibn Battuta among others. Delegations as far away as India, Arabia, Armenia and Rome, as well as merchants from China, Persia, and other countries along the Silk Route were welcome to the Great Khan’s established city. Town life must have prospered a lot during Genghis reign as archaeological evidence supports how their existence was centered on metallurgy powered by the currents of the Orkhon River. Other findings include arrowheads; iron cauldrons; wheel bushings; evidence of ceramic tiles and sculpture production (Brittanica, 2005). Glass beads production and yarn spindles were also evident along with also Chinese silk and coins that could support the trading activity in the area (Brittanica, 2005). Recent excavations of the city ruins have indicated that the royal palace was likely burned down at the time of the Min invasion, but it is not clear how completely the city was demolished (McCannon, 144). Although there is no mention of Karakorum in known historical records of the following 87 years, it is quite possible that the city was never fully abandoned according to McCannon (2006, 144). Indeed the city is the cradle of many Central Asian civilizations with its advanced agriculture and crafts that were highly developed while trade flourished. Despite European claims that the Tartars (as how Europe called the Mongols) were highly uncivilized and unsophisticated; records would show that Karakorum was once an intellectual community. They honor and respect diverse cultures and religion which has been carried through centuries of repression until 1990’s when Mongolians were soon free to practice any religion of choice. Illiteracy has also been eliminated in this modern period as a legacy from its great leaders. Today the Mongols and their great leaders are remembered as valiant heroes who conquered vast lands against all odds to build a mighty empire or as ruthless conquerors that destroyed everything in their path. Genghis set a certain set of organization, discipline, equipment and mentality to fight for and with his men with a vast army organized into a decimal system, with a commander for every series of 10 units elected by the troops in Morgan (1986, 115). Military tactics were rehearsed well in preparation and each warrior was expected to know precisely what to do from the signals of the commanders, which took form in flaming arrows, drums, and banners (Morgan, 116). With extreme discipline they combined skill, discipline, and tactics without Western interference or teaching, learning such divisive techniques on their own. Sometime when the western knights fought with the Mongol horsemen during an invasion, the Europeans were utterly destroyed as the Mongols employed a wide array of tricks that contradicts claims of their uneducated and barbaric status. Nevertheless, the sheer extent of their conquests revealed how an ailing nation ravaged by poverty and conflict once united under a single cause could reach great heights of power and achievement. Division and greed for power disunited them into utter failure which serves as a lesson for the next generations. I therefore consider the Mongols as the significant players in history because their conquests surpass what any other country has done. Works   Cited Kwantes, Anne. She Has Done a Beautiful Thing for Me: Portraits of Christian Women in Asia PhilAm books, 2005. Haw, Stephen. Marco Polo in China: A Venetian in the Realm of Khubilal Khan. Routledge, 2006. McCannon, John. Barron’s How to Prepare for the AP World. Barrons   Educational Series, 2006. Findley, Carter Vaughn. The Turks in World History. United States: Oxford Press, 2005. Britannica. Karakorum. 2005. http://www.britannica.com/eb/article-9044690/Karakorum Accessed: 08 May, 2007. Morgan, David. The Mongols. Blackwell Publishing, 1986. Saunders, John Joseph. The History of the Mongol Conquests. Blackwell Publishing, 2001.

Difference Between The Two States Of The Community Surrounding Education

Facilitating and increasing possibilities in education remains to be a focal concern among states as it serves as an instrument for development and growth. This is why many states spend a large amount of income and resources for enhancing education to meet the demands of the population in general and the current trends in today’s society. Though there may be similarities in the overall objective, governments apply different e and varied strategies to make such effort a possibility.This can be seen if the educational system of the United States and Saudi Arabia be compared accordingly. Upon close observation, one can see there are striking similarities and differences between the two. They are similar â€Å"in terms of government spending on education, freedom to choose the school where they will attend to, and education for people with special needs, while differ in terms of attitude towards education, literacy rate, religion in school, gender roles, grading scales, and stage s of education† (Stevenson, 2008, p. 1).One major difference between the two states revolves around the attitudes and views of the community surrounding education. Compared to the United States wherein students are expected to attend class in a mandatory manner, Saudi Arabia does not impose such standards on students and remains to be open on individuals who seek to learn (Stalinsky, 2008). This in turn makes the system in United States strict and accountable towards creating educational policies. Another major difference is the statistics and numbers present as far as literacy rate is concerned.The United States educational system boasts of a 99% literacy rate for both men and women and continuously seeks new methods and mechanisms to solidify growth. On the other hand, Saudi Arabia fairs relatively lower than its counterpart and only provide 84. 7% for men and 70. 8% for women (Stevenson, 2008, p. 1). This is why the country is resolved towards establishing numerous framewor ks to help alleviate the increasing number of illiterate in the region. Curriculum content and facilitation is another difference between Saudi Arabia and American education.America offers its curriculum in a diversified manner and caters to different areas such as Physical and Social Sciences. Contrary to this, teaching Islam has been the focal point of Saudi Arabia’s educational system. It derives from the Sharia (Islamic Law) and the Quran as the basis for teaching (Ministry of Education, 2004). Equally men who have been trained under this can provide â€Å"religious secondary education with focus primarily on Islamic and Arabic Studies† (Stevenson, 2008, p. 3).Lastly, the scope of education is also another component that differentiates between the two states. In the United States, the curriculum is equally administered and facilitated both males and females. On the other hand, for Saudi Arabia, â€Å"education is divided into three separately administered systems: general education for boys, education for girls and traditional Islamic education for boys† (Stevenson, 2008, p. 3). Though there has been a move within the government to expand the scope of instruction for women, this practice continues to be prevalent in Saudi Arabia’s society.To conclude, though both the United States and Saudi Arabia are committed towards creating available education for everyone, they have different ways of applying such principle. These differences can be rooted to various cultural beliefs and practices that continue to shape how people think in two states. In the end, despite these differences, it can be argued that each one is committed in providing the necessary avenues to increase proficiency and develop schemes to make its citizens competent and ready to address the challenges of the 21st century.

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Education Reform - Term Paper Example â€Å"The dropout rate is also higher in both rural and inner-city areas, where young people lack cultural and financial resources.† (Macionis,2006). The reports have dealt with the growing problems of providing quality education amongst the quantifiable mass. The High School reforms reports speaks about the increasing dropout rates from high schools where students are opting for jobs rather than colleges for higher education. The report gives an insight into the fact that as students prepare in high schools for entry into colleges, does the same preparedness apply when they want to opt for a job. One third of a nation report speaks about the alarming dropout rates of the students which have been measured to be a one third of the entire student population and hence one third of a nation. The closing of the Education Frontier report also highlights the quantifiable figures who are opting out of high schools and colleges which have made the people to remove their blindfold that educational reforms are taking place. Statistics have shown the people the real face of the state of education which is definitely a cause of concern. The fourth report of the twin challenges of mediocrity and inequality gives a comparative overview of the state of literacy over 20 countries of equal or high income where the US is ranked 9th in terms of literacy levels. There are serious questions asked whether the education reform is actually bringing in reform just as the policies are being formed in the legislature. The fifth report of hard facts in education reform addresses the fact that tests cannot be benchmarks of deciding whether there have been educational reforms or not, there has to be a proper planning and implementation strategies which will govern reforms and whether it is actually achieved or not. Part two: analyze all reports individually. is it working? The High School Reforms: Facing Labor Market Realities This report gives a lot of impetus on the fact that since students are already opting for jobs rather than colleges after their high schools, then are they having the necessary academic background and knowledge that they can draw higher incomes as compared to those who are getting their bachelor’s degree. The employers need to give their inputs of what knowledge level they expect from the high school graduates and there is a need for serious analysis into it which has not been addressed. Labor Market realities are not working currently but there is a need for the practical job industry to give their inputs to shape up the work executives of tomorrow. â€Å"This report summarizes studies of what employers say they are looking for when they hire for jobs that do not require college degrees.† (Barton,2006). One-Third of a Nation: Rising Dropout Rates and Declining Opportunities This report gives out the statistics that the school dropout rates have been rising alarmingly across the United States. â€Å"The High School Completio n Rate has been Falling. Nationally, after peaking at 77.1 percent in 1969, the rate dropped to 69.9 percent in 2000.† (Barton,2005). â€Å"In high school completion rates, the United States has slipped to 10th place in the world.†(Barton,2005). There have been models like talent development, Maryland’s Tomorrow, Communities in Schools and Quantum opportunity programs which has assisted in retaining the students. Though these models have

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3 insights and questions - Essay Example Hammer observes that the process of reengineering signifies the introduction of new processes in the existing business systems to make it more efficient. Business process is observed to be an integration of â€Å"activities, resources, facilities and information† required to accomplish a specific business goal. (Business Processes, Information and Information Systems, 22). Thus a change made in the business process significantly requires proper training of human resources along with proper infrastructural alignments in helping the organization to meet the changing demands. 3. The goal of incorporating information technology in a business process confers specialization to the set of business activities. This happens for different types of business activities has specific information requirements which are met by incorporating information technology in business. (Business Processes, Information and Information Systems, 27). Hammer also observed that the business to earn success must store huge amounts of information ready at hand in large computers for meeting specific business

Principles of Finance Essay Example | Topics and Well Written Essays - 1000 words

Principles of Finance - Essay Example Together, they help promote stability and balance in the behavior of governments and financial institutions through surveillance, financial, and technical assistance. Based on the summary in Table 1, $282.978 trillion was raised in Japan, the U.K., and the U.S. from 2001 to 2006 from IPOs, debt offerings, and mergers and acquisition activities throughout the world. Of this, the U.S. accounted for 26%, while the U.K. had 9.7% and Japan only 2.3%. The declines from 2001 to 2003 resulted from the dotcom bubble explosion and corporate scandals in the late 1990s until 2001, affecting investor confidence and the ability of firms to raise funds. However, the increasing amounts since then signify a steady recovery that continues to hold. The U.K. issues more equity than either the U.S. or Japan, the U.S. issues more debt securities than the other two countries and that in these three countries debt issues are greater than equity issues by an overwhelming factor of almost 280-to-1. What could explain these findings Figures 1 and 2 (IMF, 2006; BIS, 2006) show that most debt issues are from corporations, and that Japanese (101.7% debt-to-equity) and European (69.6% debt-to-equity) corporations have more debt than U.S. companies (43.1% debt-to-equity). This explains why Japan and the U.K. issued lower amounts of debt compared to the U.S. during the period. Second, debt yields are lower in Japan compared to the U.S. and the U.K., and while equity yields are higher in the U.S. than in the U.K. and Japan, debt returns (5 to 11%) are higher than equity returns (-33% to almost 0%) in all three countries, and interest rates are declining. This means debt is more attractive to issuers and investors than equities. For investors, debt returns are higher, so they would rather lend their funds. For companies, debt is also cheaper since the trend for interest rates is flat to declining. Therefore, investors and corporations both prefer debt over equity. Q2: Vodafone plc Case Analysis Vodafone plc (2006: 2-3) is a London-based telecommunications company with total turnover of 29.4 billion, assets of 127 billion, and over 170 million customers worldwide, making it the biggest telecoms firm in the world. With debt of 20.1 billion and stockholders' equity of 86.9 billion, it has a debt-to-equity ratio of 23%. Net debt is 17.3 billion after taking out cash and cash equivalents. Vodafone raises funds in various currencies by issuing debt securities because it has a good financial network in London, the world's financial center. The company's policy (Vodafone, 2006: 41) is to maintain the currency of debt and interest charges in proportion with expected future principal multi-currency cashflows, which explains why 113% of its net debt is in currencies other than sterling: 73% of debt is in Euro, 21% in Yen, 14% in US Dollars, and 5% in other

Role of the Media in American Politics Essay Example for Free

Role of the Media in American Politics Essay A free and open media is essential to a functioning democracy. Its role in politics is to â€Å"encourage democratization, strengthen the rule of law and promote institution building† (UN News Center). In order for a democracy to work properly, citizens need to be informed on the issues at hand, in a fair and unbiased manner, so they can make sound decisions as to which candidates to vote for. The role of the media in democracy has been realized since the institute’s earliest inception. In 1791 the 1st Amendment was made to the Bill of Rights, and it stated that â€Å"Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or the press; or the right of the people to peaceably to assemble, and to petition the government for a redress of grievances† (PBS). If free press becomes compromised, such as being taken over and run by biased private corporations, then a country’s democracy is at risk, and it can lead to the country becoming a fascist state. In America, the media plays a decisive role in politics and in determining which agendas are successful and which are not and whether or not it has been compromised by private interest continues to be debated. Bias in the Media Whether or not any press can be truly free remains a subject of much debate. Media outlets, just like any other enterprise, rely on a steady flow of funds in order to operate. Thus, they rely on sponsors either through the sales of advertisements or through government funding. Media outlets also much appeal to the demands and tastes of the audience. Various media outlets must compete amongst each other for viewers, so catering to the tastes of that audience becomes a science. â€Å"Restricted by the limited tastes of the audience and reliant upon political elites for most information, journalists participate in an interdependent news system, not a free market of ideas† (Entman 3). Since the media depends on private funds and large numbers of viewers, it is possible that its agenda becomes compromised, from giving a fair and unbiased news report to one that caters towards the tastes of viewers and investors. While media outlets do have the opportunity to be biased, depending on their audience and funding, there are still a wide range of mass media outlets for viewers to choose from. Viewers have a choice as to where to get their news from. If one station seems biased towards one viewpoint, the channel can quickly be changed. Over the decades, technology has increased the ways in which a viewer can get their news. In the 1970’s, television was the main outlet for mass media. There were just seven channels available to the average household, and these captured 80% of all viewing. However, technology has changed this dramatically. In 2005, 85% of households had access to satellite or cable TV and had on average a hundred channels to choose from. Today, viewers can also choose to get their news not just from TV but also from the Internet and smart phones (Muntz 224). With the wide range of choices as to where to get the news, it would not be presumptuous to expect a wider range of political viewpoints to be expressed from various media outlets. However, this does not appear to be the case. Journalists themselves are also inherently biased. While the goal of journalism is to give a fair and unbiased representation of the story being covered, a reporter’s personal views, preferences, and identifications with an issue or politician will undoubtedly come into play. As well, journalists themselves are seeking a successful career in media. In order to be successful, and stand out, they must cover stories that â€Å"make it onto the front page or get lots of airtime on the evening news† (Zaller 21-22). Those stories that get on the front page are those that appeal to the public. Thus, those journalists are mare most adept at appealing to the interests of the public are those that are the most successful (Zaller 22). Thus, the audience may often times end up receiving information that is more sensational than it is unbiased and informational. Despite the wide range of choices as to where to get their news, it has been observed that the public’s viewpoints, as well as those of media outlets, have become increasingly polarized over the years (Muntz 224). It has been proposed selectivity is to blame, that is, peoples inherent nature to select those outlets which best represent their own ideals. â€Å"Selectivity can take place at several junctures with respect to mass media, including exposure to a particular source of political news, attention to what the source says, and biased interpretation when processing the content of political news† (Muntz 225). It is human nature to want to avoid that information which conflicts with their preexisting ideas and beliefs. Thus, while media outlets may offer viewers information, the audience is not necessarily going to listen to the information in a fair and unbiased manner. Thus, bias in the media is a two-way street between media outlets and the viewer’s themselv es. The Media and Political Campaign Coverage The media and politics come most closely into play during presidential elections. Every four years, politicians battle it out to see who will win the most favor from the American people to become the next president. It is the job of the media outlets to inform the public about the various political candidates. During elections, the candidates can get quite negative on each other. The media, as it should, covers the stories behind negative campaign advertisements, political speeches and debates. Politicians who run the most negative campaigns, thus, can end up getting the most media coverage. This can lead towards voter bias on both sides. For example, during the 2012 campaign, the republican candidates received a great deal of media coverage. The candidates – Mitt Romney, Newt Gringrich, Ron Paul and Rick Santorum – were competing for republican nomination. The democratic nominate was assured, as it was the incumbent Barack Obama. So, there was far less media scrutiny on Barack Obama and his issues, such as the success of his healthcare act or his wishy-washy stance on Super PAC’s (Mark). Voters were more informed on the issues, and negative campaigning, of the republican candidates. Politicians rely on media politics to both win elections and to mobilize public support for causes and the implementation of projects while they are in office (Zaller 1-2). Thus, they rely on journalists and reporters to get their story out to audiences. However, the story that journalists choose to get out may not be the one the candidate wishes. This happens when the press uncovers a skeleton in the closet of a politician, or when a candidate suddenly changes their position on an issue and the media exposes them as wishy-washy (Zaller 13). Depending on the candidate, the media can be either a boon or a bust to their political career. Citizens also rely on media coverage in order to know who to vote for. The public wants to know what kind of morals and ethics a politician has and what their stance is on issues that are important to them. Individuals all have different issues they want to see addressed during a presidential campaign, ranging from taxes to abortion. Mass media outlets will poll their audiences, and study their demographics, in order to know which types of stories their audience will be most likely to identify with and those are the stories that will be covered in the news. Media and Government Exposure The media also plays a strong role in keeping the government honest by exposing scandal and controversy. In the early 1900’s, during what is known as the Progressive Era, a new style of investigative journalism was born. Dubbed by Theodore Roosevelt as â€Å"muckrakers†, these journalists â€Å"revealed illegal and unsavory practices of capital, labor, and state and local government† (PBS). Fast forward to the 1970’s, and it was the same type of muckrakers who exposed the Watergate scandal. However, while democracy relies on the ability of investigative journalism to expose scandals, this type of investigative reporting can also lead to sensationalism and stories that are overly sordid. While the media can over sensationalize certain stories, it can also under expose them as well. An example would be the Iran-contra scandal. Before its exposure in late 1986, the Reagan administration has denied that Oliver North had supported the Nicaraguan contra rebels during the congressional ban on its aid. Most members of the media, as well members of congress, simply accepted the denials and failed to investigate the story (Entman 6). Another example is the way in which the media exposed the Watergate scandal. When the crimes actually occurred, in 1972, Nixon was running for re-election. During this time, the media only presented sporadic reports to the public, leaving them ill-informed about the issue. Had the public been more aware of the scandal and its implications, they may have decided not to re-elect Mr. Nixon. Instead, he was re-elected and later impeached, which was an embarrassing scandal for America. Public Misinformation and Media Responsibility The public accepts for fact that what they are told by the media. They trust the media to give them the whole story and for that story to be truthful, correct and unbiased. However, despite this, viewers of mass media have been found to still be poorly informed. For example: â€Å"Six months into the Iraq war, a study by the Program on International Policy Attitudes at the University of Maryland found that FOX News viewers were more likely than consumers of any other major media outlet source to have mistaken beliefs about Iraq. Including the belief that U.S. led forces had already found weapons of mass destruction there. This belief was held by one out of every three FOX viewers at the time, compared to only one out of ten respondents who cited PBS or NPR as their main source of news (Boehlert et al).† Media Matters, an online news source, has exposed media sources, like FOX, That systematically misinform the public (Boehlert et al). Individuals who are loyal to a specific media outlet trust them to give them the true facts, however, this trust may not be warranted. Viewers must also be held responsible for doing their own research in order to fully understand an issue. Citizens depend on media to be the watchdogs of government, but who then is watching the media? Organizations like Media Matters seek to expose bias in media. Getting this message out to the public has become easier with advances in technology and the emergence of social media. New Media A new type of media has begun to emerge as a result of the rise of social media and the Internet. Many people get their news today not from a TV or print newspaper but from internet sites, blogs, and social media sites like Twitter and Facebook. â€Å"The World Wide Web and the accompanying explosion in â€Å"new media† have forced an upheaval in U.S. politics in at least four areas, creating 1) innovative ways to reach voters; 2) a radically changed news system; 3) an unprecedented flood of small donors; and 4) newly empowered interest groups on the left and right† (Edsall). The internet is an inexpensive way for politicians to gain maximum exposure. Even candidates with smaller campaign funds can reach a large audience if they are savvy to the ways of social media and blogging. Since their overhead is lower, small internet based media outlets do not have to rely on advertisers to keep their ventures afloat. Thus, their coverage does not need to bend to the whim of corporate sponsors. In turn, the Internet also allows for constituents to feel more connected to politicians. They can follow their personal Twitter and Facebook pages, which may or, more likely, may not be updated by the actual politician themselves, but more likely a paid staff member. However, the level of intimacy between the candidate and the public is heightened, and this may gain them more favor and, in the end, more votes. The internet has given a voice and the power to change to even the most marginal players. For example, during the 2008 presidential election, an aide to Senator Barack Obama made a pseudo campaign ad depicting Hilary Clinton as an all-powerful dictator. The ad was played on YouTube and received over 1 million hits. While the ad itself may not have changed the course of the election, it did show just how powerful the Internet can be in coloring public opinion (Edsall). Conclusion If it is true that democracy depends on the existence of a free and unbiased media, then it may be argued that the United States if far from a true democracy. Bias is inherent in media: in the media outlets themselves, in the various members of government and politics, in the journalists who report the news and in the way in which viewers and audiences interact with media. However, the ideal that democracy depends on a truly free and unbiased media may be an unrealistic expectation because, in fact, the media will always be biased because that is just part of its nature. We do not live in an ideal world, and ideals quickly fade in the face of everyday reality. Media must change along with its changing society and political environment. In this way, it does represent the ideals and values of the day. Today, we are witness to a time of great change in terms of technology and the way in which information is disseminated. Just as quickly as the political environment is changing so is the media that covers it. New technology is giving rise to the exposure of political corruption and government incompetence. It is giving a voice to the under paid and underrepresented voices of the public. So in fact, it appears that the media is still doing its job. However, it is still up to the individual to remain informed on the issues at hand and to remain a loyal and informed citizen by scrutinizing the media just as they scrutinize the government.

Homeland Security Essay Example for Free

Homeland Security Essay 1. Who should be responsible for protecting the public from online identity theft? Why? There is no real answer to this question. Except In my opinion the government should be responsible from protecting the public from online identity theft. I say this because there are certain things that should be monitored. Not the social websites or websites you go into and play games. The government should monitor when people go to certain websites such as Bank of America or Wells Fargo. These websites should be monitored (no more such as when you login you can see your username and password no) they should be monitored in a way to where your bank statements can be kept on track from day to day. 2. Should laws be changed to stop it, or should consumers change behavior? Consumers should change their behavior from time to time if needed be. There are laws that have stopped Identity theft. One of which is The Computer Fraud and Abuse Act. This law makes it illegal for anyone to distribute or computer code or place it in the stream of commerce. There are many other different laws on Identity theft. Some of which are on a website. 3. What is an appropriate punishment for identity thieves? Considering the expense and problems associated with the crime, it should be addressed as a on less than a felony offense, regardless of the monetary amount of money or goods involved. 4. Given the international nature of the internet, how should foreign identity thieves be handled? There really is no way to handle foreign identity thieves unless they are caught by the police or government first. If by chance they were to be caught, it should be addressed as a felony offense given the fact that they logged into someone’s personal information, which should account on Substantive Due Process. Which is the right to privacy.

Group Investigation And Report Sport Essay

Group Investigation And Report Sport Essay We invest in the national lottery and exchequer funding in organisations and projects that will grow and sustain participation in grassroots sport and create opportunities for people to excel at their chosen sport. Our structure reflects this focus. (Sport England) Sport Englands job is to improve sports participation on all levels, especially grassroots. They work in partnership with Youth Sport Trust which focuses on PE in schools and with UK Sport who focus on elite success. Sport England is a government agency responsible for building for foundations of sporting success, by creating a world-leading community sport system of clubs, coaches, facilities and volunteers. (Sport England) The mission of Sport England is to create a vibrant sporting culture working in partnership with various National Governing Bodies, Higher and further education sector and their national partners as well as local government and community organisations. The aims and targets are set around three areas, they are grow, sustain and excel. The aim of growing is to get one million people taking part in more sport and more children and young people taking part in 5 hours of PE and sport a week. This counts as 15% of the investment and sustain counts as 60% of the investment. The aim of sustaining is to have more people satisfied with their sporting experience and to have 25% fewer16-18 year olds dropping out of at least nine sports- badminton, basketball, football, hockey, gymnastics, netball, rugby league, rugby union and tennis. The final area is excel and this counts as 25% of the investment, and the aim is to improve talent development in at least 25 sports The staffing structure includes the main board which is responsible for setting direction, providing an extra level of governance and advice. There is also the executive team which is responsible for the day to day running of the business. Sport England work in 11 offices over England, one is the central office in London, nine other local offices and one shared service centre in Loughborough that deals with responses to funding applications and queries. There is a team executive director, they are responsible for the club and community part of the governments 5 hour sport offer for children and young people, including leading a number of programmes including leadership and volunteering. The next member of staff is the executive director for commercial, their role is to find and work with the commercial partners to generate  £50 million for community sport, and the team works innovatively to ensure that the partners derive real benefits from their investments. The next member of sta ff is the communications and public affairs executive director, they are responsible for helping the partners and the public understand what they do as an organisation. Another job role is the communities executive manager, their role is to help the national governing bodies deliver their plans at a local level; they do this by working with local partnerships. The next job role is the facilities and planning executive director, their role is to help create, support and maintain the buildings, facilities and spaces needed to play sport. The next job role is the finance and corporate services; the directorate is responsible for all the back office functions, including finance, ICT and legal services. There are also NGB and sport executive directors; their role is to help sports national governing bodies achieve their participation, satisfaction and talent development targets. The final job role is the research and strategy executive director, they provide evidence community sport need s to make the case for sport, monitor progress against the targets and learn about what works and why. Sport England is the world leading community sport system. Their funding from the National Lottery and the Government is used in projects to help grass root participation. They work in partnership with UK Sport, which has responsibility for elite success, and the Youth Sport Trust, which is focused on PE and school sport. They also bring together a wide range of partners from local and national government, the commercial sector, higher and further education and the third sector to make the most of their investment in sport. Although their main role is to protect playing fields threatened by potential developments, they provide a wealth of expertise on planning, facilities, coaching, volunteering and sports development. Sport England has ploughed funding into 46 National governing bodies to increase participation numbers and create pathways for talented players. 34 of the NGBs received targeted investment to get children and young people playing more sports. They will evaluate the pro gress and results in 2012 on the UK sports system. As an organisation they are working closely with a range of local, county and regional partners, such as local authorities, county sports partnerships and regional development agencies, to bring sport to people how, and where, they want it. In order for Sport England to be successful they have to work closely with a wide range of organisations. A few examples of these are: Their sporting landscape partners Youth Sport Trust and UK Sport National Governing Bodies of sports National partners Local authorities County Sports Partnerships Higher and Further Education The third sector The commercial sector London Organising Committee of the Olympic Games and the Olympic Delivery Authority Sport England is actively involved with many projects helping to ensure a better sporting experience for the community. They use lottery and government funding in a wide range of projects, big or small.  £120 million was put in to the Wembley National Stadium; this is an example of a major project. They are currently involved with the Manchester indoor BMX proposal, Portsmouth 50m pool including athletics and cycling, National centres project upgrades and many, many more. Sport Englands main focus is to help develop community sports, therefore it aims to help invest in organisations and programmes that will help to increase participation and the opportunities people have in sport. Sport England states â€Å"In addition to our investment in key partners to deliver specific objectives, we are launching funding programmes open to a wide range of organisations. These include sports clubs, voluntary or community organisations, local authorities, schools, colleges and universities† One of the main partnerships Sport England works with to provide funding is the national lottery. Lottery funding states â€Å"Decisions about funding are made locally by the nine regional sports boards. Eligible projects will be assessed against the priorities laid out in each regions sports plan and the National Framework for Sport†. Sport England provides funding to increase participation but also helps in providing sports equipment, providing coaches and also helping to build new sports facilities. Another funding partnership Sport England has is with the national governing bodies of sports. Sports England states â€Å"We are investing  £480 million through 46 governing bodies over the next four years and have agreed grow, sustain and excel targets with each one. Each sport has developed a whole sport plan that explains how it will use this money to achieve these targets.† The PE and Sports Strategy for Young People is a development that aims in giving young people the opportunity of participating in 5 hours of sport and physical activity a week. The youth sports trust describes the strategy as â€Å"The Youth Sport Trust and Sport England are working with the DCSF and the DCMS on ways to help local delivery partners increase provision, demand and take-up amongst all young people (5-16 year olds) of their five hours a week of high-quality PE and sport (three hours for 16 -19 year olds)†. The makeup of the five hours will involve offering at least 2 hours a week of high quality curriculum PE to 5-16 year olds. As well as that they are offering an extra 3 hours of sport through both school, community and club opportunities. This 3 hours of sport reaches out further and is offered to 5-19 year olds. The thought behind offering it to young people over the age of 16, is down to the fact that after that age PE no longer becomes compulsory in the curriculum. Therefore Sport England believes at that age they still need to be given the opportunity to participate in some form of sport. As part of this strategy, Sport England has also developed programmes such as Club Links and Sports unlimited. As part of the Club Links programme, Sport England is not only trying to increase the amount of 5-19 year olds taking part in sport but also increase the amount of young people taking on leadership and volunteering jobs in sport. Sport England states â€Å"We are investing  £4.1m into the 34 sports to deliver an extra half million junior club participants or volunteers by 2012-2013† Sport England is funding these programmes in order to help achieve the 5 hour participation offer and help increase the links between clubs and school sport. The Sports Unlimited programme aims at providing sport to those considered ‘semi sporty, which are young people who have an interest in sport but are yet to participate in community or club sport. They aim to deliver alternative sports which are different to the usual sports that must community and clubs already offer. By doing this they aim to get more young people interested because of offering something innovative and fun. Each change that has been decided such as the 5 hour offer, sport unlimited, club links and especially step into sport have all got similar reasons of why they have changed for the good of improving sport. The main reason for these changes was to increase participation within community sport. This is done in three different ways through active communities which is to provide sport for everyone, so it was produced for anyone who wants to participate in sport. Active sports which is to support the sports participants especially the high quality and elite performers so they can gain more from their sports. And finally the last one is active schools and this is to ensure that school children get off to the right start in sport. They have also made these choices to support talented sports participants from all different classed, cultural backgrounds to progress to the elite level and more medals can come through the higher standards of performance in sport for example there is now a programme that has been set up for the world class performers, for those who compete at the highest levels such as their country. Some of these changes can also develop and maintain coaches. They help coaches to progress to a certain level of teaching and keep them constantly updated with new knowledge about each individual sport with new techniques and new tactical areas. They create a network and link of sporting specific clubs and multi sport clubs for the younger generation. This ensures communication and helps sport to be more organised through more people helping and more events and competitive sport can occur. This can also lead to an increase in people wanting to volunteer for these competitions or events or more jobs for those who are struggling to find work. It also helps increase fitness throughout the whole community by involving everyone as stated in the active communities were an increased number of participants is being adopted and worked upon, and there will be more facilities to participate in sport, as they aim to ensure the right facilities are provided in the correct places, and kept at a high standard which involves alto of planning, designing and development but new places entice people to use them therefore increasing participation. The new change step into sport has three reasons alone for why it has been started. It sustains involvement in leadership and volunteering in port. For the â€Å"personal change† in the younger people by supporting the development of inter personal skills, self confidence and a sense of responsibility. Finally its â€Å"structural change† through working with key agencies to offer broader opportunities for young people to make a formal and valued contribution to the delivery of sport. (lecture slides) References Sport England [online] last accessed 25th April 2010 at: http://www.sportengland.org/about_us.aspx Club Links [Online] last accessed 28th April 2010 at: http://www.sportengland.org/support__advice/children_and_young_people/community_and_club_activities/club_links.aspx Investing in National Governing Bodies [Online] Last accessed 30th April 2010 at: http://www.sportengland.org/funding/ngb_investment.aspx Funding Guidelines [Online] last accessed 1st may 2010 at: http://www.sportengland.org/funding.aspx Lottery Funding [Online] last accessed 30th April 2010 at: http://www.lotteryfunding.org.uk/uk/sport-england The PE Sport Strategy for Young People[Online] last accessed 28th April 2010 at: http://www.youthsporttrust.org/page/pessyp/index.html

Young Goodman Brown :: Free Essay Writer

'Young Goodman Brown'; was an interesting story because of its setting, characters, and plot. The story was set in the late Puritan Era when people were scared of the woods due to the mysterious witches and savage Indians. Puritans really liked true colors such as white and red. If white was worn it meant pure but if red was worn it meant evil. As Puritans, an individual had to have pure thoughts, and sex was only thought of to procreate if married.   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Young Goodman Brown, Faith, fellow traveler, and the townspeople are the characters in 'Young Goodman Brown.'; Young Goodman Brown means an inexperienced good standing citizen with an ordinary last name. All he wanted was to advance in his social and religion status. His wife, Faith, is a sweet girl who wants her husband to stay home all the time. She wore pink ribbons in her hair, which in the Puritan Era pink resembled pollution. Pink is a mixture of white and red which was not a true color. Today in society pink means innocence, which is ironic from the Puritan way. The fellow traveler could have been either Young Goodman Brown's own personal devil or his father. The townspeople were church going people yet in the end they contradicted their own values and beliefs.   Ã‚  Ã‚  Ã‚  Ã‚  The plot of 'Young Goodman Brown'; had a lot of twists and turns. The story started out with Young Goodman Brown needing to go to an important meeting and to get hoping to raise his religion and social status. He took a simple journey in the forest and it turned into a complicated ending. He met up with a traveler who was waiting for him in the woods. They were walking on a narrow path but it was hard to stay on because of the distraction and they ended up on a wide path. In the Bible it says 'a narrow path leads to heaven, and a wide path leads to hell.'; This was not a simple journey for Young Goodman Brown as a young man because he must have pure thoughts about anything. Strange things began to happen on his journey.

The DaVinci Crock :: essays research papers

Before I even begin to deconstruct Dan Brown’s DaVinci Code, I think it is very appropriate to explain my perspective. I attended Catholic schooling for my first nine years of education. The school I attended taught the Catholic faith in a very conservative and orthodox manner. I still do practice the Catholic faith, but at the current time, I am very impressionable with it comes to my faith and beliefs. My first impression after reading The DaVinci Code was that Brown is very blasphemous towards the Catholic Church. Before the novel even begins, Brown states, â€Å"All descriptions of artwork, architecture, documents, and secret rituals in this novel are accurate,† which can be very misleading, making the reader think that the descriptions of the Catholic Church are also very accurate.   Ã‚  Ã‚  Ã‚  Ã‚  Throughout the book, on numerous occasions, Brown talks about how Jesus could have been married to Mary Magdalene, and possibly could even have fathered a child. In one instance Teabing says, â€Å" the marriage of Jesus and Mary Magdalene is part of historical record. Jesus as a married man makes more sense than our standard biblical view of Jesus as a bachelor† (245). This goes against many of the Catholic teachings and traditions that say that Jesus was single and chaste the entirely of his life. The Bible says, â€Å"Nevertheless he that standeth stedfast in his heart, having no necessity, but hath power over his own will, and hath so decreed in his heart that he will keep his virgin, doeth well† (1 Corinthians 7:37). It is even more preposterous when Brown asserts that Mary Magdalene could have been one of the twelve original disciples. â€Å"The Last Supper is supposed to be thirteen men. Who is this woman?,† Brown writes (243). Historically, The Last Supper was Jesus’ last meal with his twelve Apostles. Brown is saying that one Jesus’ twelve apostles may have been a woman. To begin with I would have to guess when Brown uses the word â€Å"disciples†, he really means â€Å"apostles†. The word â€Å"disciple,† in the Bible, literally means follower of Jesus. Under that definition, Jesus has had and still has an uncountable number of disciples. The Apostles were the twelve mean that followed Jesus during his lifetime and helped him teach his message. I think Brown was trying to say that Mary Magdalene could have been one of the twelve apostles. Even so the Bible says that the twelve original apostles were men.

How Descartes Tries to Extricate Himself from the Skeptical Doubts He H

How Descartes Tries to Extricate Himself from the Skeptical Doubts He Has Raised [All page references and quotations from the Meditations are taken from the 1995 Everyman edition] In the Meditations, Descartes embarks upon what Bernard Williams has called the project of 'Pure Enquiry' to discover certain, indubitable foundations for knowledge. By subjecting everything to doubt Descartes hoped to discover whatever was immune to it. In order to best understand how and why Descartes builds his epistemological system up from his foundations in the way that he does, it is helpful to gain an understanding of the intellectual background of the 17th century that provided the motivation for his work. We can discern three distinct influences on Descartes, three conflicting world-views that fought for prominence in his day. The first was what remained of the mediaeval scholastic philosophy, largely based on Aristotelian science and Christian theology. Descartes had been taught according to this outlook during his time at the Jesuit college La Flech_ and it had an important influence on his work, as we shall see later. The second was the scepticism that had made a sudden impact on the intellectual world, mainly as a reaction to the scholastic outlook. This scepticism was strongly influenced by the work of the Pyrrhonians as handed down from antiquity by Sextus Empiricus, which claimed that, as there is never a reason to believe p that is better than a reason not to believe p, we should forget about trying to discover the nature of reality and live by appearance alone. This attitude was best exemplified in the work of Michel de Montaigne, who mockingly dismissed the attempts of theologians and scientists to understand the nature of God and the universe respectively. Descartes felt the force of sceptical arguments and, while not being sceptically disposed himself, came to believe that scepticism towards knowledge was the best way to discover what is certain: by applying sceptical doubt to all our beliefs, we can discover which of them are indubitable, and thus form an adequate foundation for knowledge. The third world-view resulted largely from the work of the new scientists; Galileo, Copernicus, Bacon et al. Science had finally begun to assert itself and shake off its dated Aristotelian pr... ...dged by us as a failure - the fact that he addressed topics of great and lasting interest, and provided us with a method we can both understand and utilise fruitfully, speaks for itself. Bibliography 1. Descartes, Ren_ A Discourse on Method, Meditations and Principles of Philosophy trans. John Veitch. The Everyman's Library, 1995. Descartes, Ren_ The Philosophical Writings of Descartes volume I and II ed. and trans. John Cottingham, R. Stoothoff and D. Murdoch. Cambridge, 1985. Frankfurt, Harry Demons, Dreamers and Madmen. Bobbs-Merrill, 1970. Curley, Edwin Descartes Against the Skeptics. Oxford, 1978. Vesey, Godfrey Descartes: Father of Modern Philosophy. Open University Press, 1971. Sorrell, Tom Descartes: Reason and Experience. Open University Press, 1982. The Oxford Companion to Philosophy ed. Ted Honderich. Oxford University Press, 1985. Cottingham, John Descartes. Oxford, 1986. Williams, Bernard Descartes: The Project of Pure Enquiry. Harmondsworth, 1978. Russell, Bertrand The History of Western Philosophy. George Allen and Unwin, 1961. 11. Kripke, Saul Naming and Necessity. Oxford 1980. Word Count: 4577

North Korea Essay Essay

Imagine how life would be like if you lived in North Korea. A country so isolated and cut off from the rest of the world. Even after many decades from the war, North Korea and America have never truly been friends. North Korea holds America responsible for dividing their country into North and South. However there are many similarities and differences between America and North Korea. America is very different from North Korea. While we have a Constitution with a Bill of Rights, amendments and basic freedoms, they must follow whatever their leader says with no exceptions. Even though North Korea has a constitution and amendments, the leader still controls all of the country. American citizens are able to vote for their countries leader unlike North Korea, in which where the son of the leader takes his father’s place with ruling the country. So, only one man rules North Korea and all decisions are made by him. Distinct from North Korea, where people don’t have the due process of law, Americans have the right to try to prove that they are not guilty. North Koreans are brought up to love their leader and aren’t allowed to believe in anything else. For them, their leader is the greatest and he is always right. On the other hand, Americans are allowed to believe in whatever religion they choose is right for them. American citizens are all granted equal protection unlike North Korea where only high-ranking officials are provided with those same basic protections. Also, there is no Internet, and cell phones are banned from the country, which block the people from communicating with the rest of the world. Most Americans are provided with basic needs, but in North Korea, a lot of people (child or adult) go blind because they don’t have those basic needs. Lastly, because hospitals and medical care in North Korea is so bad, many people don’t get the treatment that they desperately need. Thankfully, in the U.S., we have good Medicare and trained doctors who are able to cure people every day. American rights also have many similarities to those of North Korean citizen. Both countries have very strong militaries. We similarly strive to become independent countries. The people in America and North Korea have responsibilities, duties, and limited rights. For example like paying taxes and respecting the leader/president. Even though the strictness of these  three elements may change in each country, people in both countries still have to do these things. Although America is a democratic country and North Korea is a theocracy, they both have a strong government system. North Korea is ruled by Kim Jon Sun, our government has three branches and a president. Citizens of America are required to have a passport to travel to other countries, which is a lot like how North Korean’s are needed to have documentation in order to go to different places in their country. There are certainly more differences than similarities between America and North Korea. Living in North Korea would most definitely not be easy. So many things are available to us in the U.S. that wouldn’t be available to us in North Korea. American citizens have fair rights and can believe in whatever they want. We are able to travel to other countries and live according to our rules. Over looking all of the pros and cons of both countries, America would undeniably be an easier and more unrestricted country to live in.

Gender Discrimination Essay

Good Morning class. So, today I am going to enlighten you on the topic Gender Discrimination and how it has affected our society in general. But, before I elaborate further I would like to give you a brief and separate understanding of â€Å"Gender† and â€Å"Discrimination† as independent words. There is a lot of misconception when it comes to understanding the word Gender. As it sometimes hard to understand exactly what is meant by the term â€Å"Gender† and how it differs from the closely related term â€Å"Sex†. â€Å"Gender† refers to the socially constructed roles, behaviors, activities and attributes that a given society considers appropriate for men and women. Meanwhile, â€Å"Sex† refers to a biological and physiological characteristics that define men and women. On the other hand, â€Å"Discrimination† is the unfair treatment of different categories of people or things, especially on the basis of race, age, or sex. As said early ive given a breakdown of what gender is and what discrimination are. Gender discrimination is a global issue which is present everywhere, in every culture, in every country and even in religions. For many years people have suffered being discriminated by their sex. Gender discrimination also known as sex discrimination basically involves unfair treatment or decision making based on a person’s sex. In my own opinion gd or rather discrimination based on gender is a belief or mindset we as human beings have let ourselves to judge people not as human beings only, but as males and females. This has been passed on and on for several generations on the basis of traditionally stereotypical roles people have in the society. Such as, Woman’s role is to marry have children, caring, nurturing. The male stereotypical role is to be the financial provider (breadwinner). He is also courageous and career-focused. It is a fact from ancient times women are considered an inferior gender to men. i have to say for everywoman here in this class lets start by admitting were lucky we dnt live in the world our mothers or grandmothers lived in, where career choices for women were limited. And also for most of us in this class we are privileged we grew up and we are still growing up in a world were we have basic civil rights and amazingly we still live in a world were some women don’t have them. I saw this documentary in the pass on feminisim and sexism. Documentary on afghan. India. Its a lot to take in. we live in the same geberation but totally diff worlds So, Gender discrimination is a very serious issue and it has contributed in major setback in various societies. Although gender it is traditionally viewed as a problem normally encountered by females, we also have to accept the fact that, It has as well significantly affected males as well. Because jobs historically held by women are often shunned by men because of social humiliation. And boys are being pushed more to succeed than girls, and why is that? Nevertheless, women are still the number one and the major victims of gender discrimination. Because men happen to be more sexist than women. Sexism has always had negative consequences for women. . it is the cause that has prevented women from pursuing successful careers. In Saudi. And it is a problem and a real problem. That women are not making it to the top of any profession anywhere in this world. Out of a 190 head of states only 9 are women, when you look at the world parliament over 70per are men. The argument has often been motherhood. that Women are opting out of work they wanna care for their chidren. But what is found in reality is that women are way hard working than men and I dnt see how motherhood comes in the way pursuing a career and actually being successful innit, I agree it is quiet challenging and demanding especially during the first 2years. When we look at it There a lot of women out there who are doing it, even working 2,3 jobs and still go back to their kids at home and still are able to raise a decent family. What do we say about the single mothers out there, there out there and they are still making, only if women were given as equal opportunity as men, they certainly will excel more. that is where the problem comes women we systematically underestimate our abilities, and what women need to learn is how to own their own success. as I also said earlier discrimination comes in diif forms now we talk about Discrimination against women which comes in different forms as well; women are discriminated against in work place, regarding employment, wages, work promotions even victims of sexual harassment. Women are often discriminated against their physical ability in athletics and sports world. In several cultures or even religions around the world. Years ago, When a child is born female, they are automatically at lower advantage than if born male. For example in some cultures years ago, if a woman gives birth to a female child it is seen as a curse upon that family and the female baby is buried alive. The mindset that men are stronger and more superior to women really comes down to moral issues that has been passed from several generations and even in our present governance, where men are given an upper hand. And the truth of what was found in reality is women entering the work force make 20per less than men, who are equally qualified , with higher gpa’s and college degrees. All this problems we face as young women like myself is due to lack of knowledge. We of this generation we tot these problems have been solved. In many ways we didn’t learn about feminism in sch and we dnt knw our history based on this issue. However, I think weve come immensely far we have certainly come a long way were women are entering the work force in equal numbers as men than in the last century. And also Due to improvements in the quality of and access to education for women and the forces of globalization, gender equality has been improving in most countries. Today women are fairly given equal rights such as voting and taking part in government of most countries. But, we haven’t come far enough. Because there is still a huge gender gap in the world of politics. We still have a long way to go before reaching equality with men in the world of politics. Gender discrimination still exists in our society. Until we are able to accept each other as human beings not defined by gender. And only when our biased methods of judging genders are changed; only then the society will be able to live together in peace.

History of Greenwich Village in Manhattan Essay

Greenwich Village’s history begins in the 16th century when its area was first settled by Native American tribes and then by the Dutch who called it New Amsterdam. In the 1660s, it was conquered by the British and its current name was first mentioned in 1713. In the late 18th century, the area known today as Washington Square Park was occupied by a Potters Field Cemetery, closed in 1826. During the outbreaks of yellow fever and cholera in early 19th century Manhattan, its citizens began to flee to Greenwich Village building new houses in the Federal style, shops, and banks. They built New York University in 1836 and made it an artistic and intellectual center. Buildings in the Greek Revival style appeared around Washington Square as well as the marble arch commemorating Washington’s inauguration as President that was built in 1892 (â€Å"Village History†). An unusual wooden house at 6 Weehawken Street is the only surviving example of 18th century oyster bars that were common in the Village at that time. That street also had many stables with apartments above them some of which can be still seen today. Residential houses whose ground floors were used for commercial purposes where more common, however. After the Civil War, Greenwich Village saw the erection of factories, warehouses, and other industrial buildings typical of the Industrial Revolution such as, for example, the Shepherd Warehouse at West Street or the Tower Warehouses at Greenwich Street. The late 19th century also saw the erection of beautiful maritime hotels (Great Eastern Hotel) and ecclesiastical buildings (Victorian Public School at West Street) (â€Å"The Far West Village and Greenwich Village Waterfront†). By the end of the 19th century, the wealthy citizens built new buildings north from the original settlement that was left to the newly arrived immigrants from Europe. In the early 20th century, Greenwich Village’s theaters and galleries attracted artists and writers, and new luxury apartment buildings appeared. In the middle of the 20th century, Greenwich Village began to look like it appears today and has not changed a lot since then. In the second half of the 20th century, many industrial buildings and warehouses were converted to residential buildings (Sass â€Å"History of Greenwich Village, Manhattan†).

Class conflict in A Streetcar Named Desire Essay

Class conflict is represented throughout the play, A Streetcar Named Desire in various ways through characters, symbols, ideas and language. Characters such as Blanche, Stella, Mitch and Stanley are used throughout the text to represent the upper and lower classes, as well as the conflict between the two classes. Symbols, ideas and language help to define the different classes as well as helping to represent the conflict between classes. The language (dialogue) of the characters, symbolic use of names, animal imagery and colour (clothes) and the ideas of cultural capital help to define what the lower and upper classes are. A Streetcar Named Desire by Tennessee Williams was written in 1947. The story takes place in New Orleans, and can be read as being during any year between May and September. The story revolves around Blanche Dubois and her conflict with Stanley Kowalski. Blanche’s character represents the old aristocratic south and the upper class of the play through her manner and cultural capital (her education and sophisticated dialogue). She’s cultivated and bound by heritage (Belle Reve) and tradition. The upper class is associated with intellectual strength. Stanley represents the new industrial south and the lower class of the play through his job at the steel mill, use of slang and his ignorance. His society is based on force and ingenuity. The lower class is associated with physical strength. From the beginning, the conflict between the two classes is prominent. The working class is predatory and survives and triumphs with two elements, which the upper class lacks, vitality and strength. The conflict of class is evident and we see how Blanche and the old south are fragile, and it’s only a matter of time before Stanley, the new south crushes it’s opposition. Class conflict is effectively represented through clothes and the symbolic use of colour and animal imagery. The conflict becomes evident during the first scene when we first meet Blanche and Stanley. Blanche is dressed in her white proper clothing (â€Å"†¦She is daintily dressed in a white suit with a fluffy bodice, necklace and ear-rings of pearl, white gloves and hat†¦Ã¢â‚¬  Scene One), whilst Stanley is dressed in dirty denim work clothes (â€Å"†¦roughly dressed in blue denim work clothes†¦ carries his bowling jacket†¦Ã¢â‚¬  Scene One). Blanche is often dressed in white, pale, timid  colours, whereas Stanley is dressed in bright bold colours. Stanley’s bright colours overpowers Blanche’s pale colours. Blanche is symbolised as the aristocratic moth and Stanley the common cave man. The symbol of colour helps the reader construct the inevitable doom of the fragile upper class (Blanche) by the strong lower class (Stanley). These symbols of colour and animal imagery related to each character, helps reinforce the conflict between the Old South (upper class) and the New South (lower class). The language (dialogue) of each character and symbolic use of names help in constructing ideas of class conflict in this play. Blanche speaks in a quiet, refined voice and uses sophisticated language (â€Å"†¦- Only Poe! Only Mr Edgar Allan Poe! – could do it justice!† Scene One, Blanche). This constructs Blanche to be fragile and vulnerable, with the cultural capital of sophistication. Blanche uses her speech on a high level, searching for values and reflecting education in her manner. Stanley yells and hollers and uses unsophisticated language. (â€Å"[Bellowing]: Hey, there! Stella, Baby!† Scene One, Stanley) Stanley’s speech is often dotted with exclamations and short, to the point sentences. Stanley uses his speech to express his wants, likes and dislikes. This further constructs Stanley as loud and strong. Blanche is shown to be singing throughout the text, which in turn aggravates Stanley. This further shows the conflict between the two charact ers through language (dialogue). The use of names in this play helps in constructing the separate classes. The names Blanche Dubois and Stanley Kowalski help construct different representations of class. The name Blanche means white and creates the irony of Blanche not being as white and pure as her name represents. In contrast the name Stanley offers no specific meaning in relation to meaning in the play. Secondly the name Dubois sounds aristocratic, with a possible proud heritage, whereas the name Kowalski sounds more modern. A Dubois speaks softly and flittingly, as the name is pronounced, whereas a Kowalski speaks loudly and brutally as the name is said. Kowalski’s enjoy loud, rowdy poker parties, whilst Dubois’s wince and prefer teas, cocktail parties and luncheons. The names of these two characters help in constructing the conflict between the two classes. The dialogue of Blanche and Stanley and the symbolic use of names help to construct class conflict in the play, A Streetcar Named Desire. Stella represents the old south being converted by the new south. Blanche fights for Stella to come back and be part of the old south again, accusing Stella of being blinded by desire for Stanley (â€Å"What you are talking about is brutal desire – just – Desire!† Scene Four, Blanche). Elysian fields is described as having an atmosphere of decay. This scenery is contrasted to the image of white pillars at Belle Reve. This contrast is to highlight the difference in the world Stella has chosen (lower class lifestyle), and the world she was brought up in (upper class lifestyle). Colour is used by Stanley to keep Stella part of the new south. (â€Å"†¦You showed me the snapshot of the place with the columns. I pulled you down of them columns and how you loved it, having them coloured lights going!† Scene Eight, Stanley). The class conflict between Blanche and Stanley is evident, through them trying to convert Stella. The idea of cultural capital is important when discussing class in the text. Blanche, Stella and Mitch possess an aspect of cultural capital. Blanche and Stella have cultural capital through their education, manner and heritage. Mitch is seen to be in between the old and new south. He holds his own cultural capital, enjoying the finer things of life, like poetry and music. We see how Mitch feels at ease when he is with Blanche, because of his love for the arts. Blanche, Stella and Mitch are also quite polite and have that air of gentility. Alternately Stanley is the only ‘main’ character to be without cultural capital. He has no manners and is rough and tough (â€Å"Mr Kowalski is too busy making a pig of himself†¦Ã¢â‚¬  Scene eight, Stella). He doesn’t value tradition or gentility. He values alcohol, violence and desire. Through cultural capital we see the conflict between the classes and their values. The use of language in the play works effectively to define between the two classes. The lower class is associated with slang, whilst the upper class is associated with sophisticated language. The symbolic use of names, animal imagery and colour are important in also contrasting between the two classes. Finally the idea of cultural capital works in highlighting the class conflicts between the upper class or old south and the lower class or  new south. In A Streetcar Named Desire the conflict of class is evident and we see how Blanche, the aristocratic south is fragile, and it’s only a matter of time before Stanley, the industrial south destroys every shred of Blanche, the old south.