Ethical Issues in Erin Brockovich Essay - 1593 Words

Ethical Issues in Erin Brockovich Erin Brockovich is in a car accident that is not her fault and hires attorney Ed Masry to defend her. He gave her the impression that she would be getting a good settlement, but she lost the case. She is a single mom of three, has no money and is unable to find a job. She blames him for losing the case (due to lack of preparation) and forces her way in to a job at his law firm. Because of the way she dresses and acts, nobody takes her seriously and treats her with respect. She is given a real estate pro-bono file to open involving the purchase of Donna Jensen’s home by Pacific Gas amp; Electric Company (PSamp;E). As she read through the documentation, she found it confusing that there was medical†¦show more content†¦She continues to do things that only lawyers are permitted do, such as give advice to clients. However, Erin does so in a way to earn their trust and becomes friends with many of the residents. This proves to be a pivotal point in keeping up the morale of the people when they begin to feel like the lawyers are failing them. In their first meeting, Donna told Erin that PGamp;E had paid for doctors’ visits for the whole family. However, PGamp;E was not doing this just to be nice, as they would have the residents believe, they had an ulterior motive. They sent them to specific doctors because these doctors would lie to them to cover up for PGamp;E. It was clear that PGamp;E must have paid these doctors to tell the residents that the water was safe and that their health problems were not associated to the chromium. The fact that a doctor would lie to a patient is just as, if not more unethical than what PGamp;E did by lying to the citizens. Although this issue was not dealt with in the movie, those doctors should have lost their right to practice. The company should have offered the residents of Hinkley the right to see another doctor of their choice, at PGamp;E’s expense. Upon realizing she needed to get information about the water in Hinkley, specifically the type of chromium, she went to the water board. She was told not to let them know what she was looking for or the records couldShow MoreRelatedEthical Issues in the Film Erin Brockovich898 Words   |  4 PagesThe movie Erin Brockovich is based on actual events involving a corporate business called Pacific Gas Electric who knowingly endangering the health of residents and the water supply in the town of Hinkley. Erin is the mother of three children who is out of work. In the midst of her job search she got into an auto accident and was injured. Erin has an ethical and moral responsibility to feed her children so she forces her lawyer Ed Masry to give her a secretarial job after he failed to get herRead MoreEthical Issues in Film Erin Brockovich Essay552 Words   |  3 Pages Ethical Issues in film Erin Brockovich There are many ethical issues in the movie Erin Brockovich. This movie is about a mother of three who uncovers a water poisoning case by Pacific Gas Electric Company (PGE) in southern California. Erin has the responsibility to feed and educate her three children and she has a general distrust of people. She begins by forcing her lawyer Ed Masry to give her a secretarial job after he failed to get her a settlement from an auto accidentRead More Ethical Issues in film Erin Brockovich Essay1534 Words   |  7 PagesEthical Issues in film Erin Brockovich There are many ethical issues in the movie Erin Brockovich. This movie is about a mother of three who uncovers a water poisoning case by Pacific Gas Electric Company (PGE) in southern California. Once it was proved that the company had knowingly dumped hexavalent chromium into the ground water, the utility company was found liable for a $330 million dollar verdict. Erin has the responsibility to feed and educate her three children and she hasRead MoreErin Brockovich802 Words   |  4 Pagesâ€Å"Erin Brockovich† – Movie Overview By Eryn Pilla, Hamilton Onyeukwu amp; Jennifer Poff The movie â€Å"Erin Brockovich† starring Julia Roberts is loosely based on a true story. In the movie, Roberts plays a sassy single mom who is down on her luck and struggling to provide for her three children. She was involved in a car accident and sued the driver of the other car- a wealthy doctor who she felt deserved the blame for the accident. The lawsuit was spearheaded by her lawyer, Ed Masry who eventuallyRead MoreTIM HERTACH1497 Words   |  6 PagesThough this would suggest he holds some personal power with upper management, he is unable to influence the two recent issues described in the case. Hertach needed to focus on two general ways in which he could have better influenced his senior partners: through his personal leader development and tactical approach. The first would have taken time prior to the introduction of either issue: evaluate and improve his EQ (emotional intelligence). He needed to evaluate his strengths and weaknesses, and in-turnRead MoreMarketin g Mistakes and Successes175322 Words   |  702 PagesStarbucks, we have moved Entrepreneurial Adventures up to the front of the book. We have continued Marketing Wars, which many of you recommended, and reinstated Comebacks of firms iii iv †¢ Preface rising from adversity. I have also brought back Ethical Mistakes, because I believe that organizations more than ever need to be responsive to society’s best interests. Altogether, this 11th edition brings seven new cases to replace seven that were deleted from the previous edition. Some of the cases

Satirical Mouthpiece in the Adventures of Huckleberry Finn Free Essays

Typically when you hear â€Å"19th century literature,† you think of the formal and monotonous, yet gramatically and contextually correct writing of authors such as Charles Dickens and Harriet Beecher Stowe; but one author stood out among them and his name was Mark Twain. Twain started a new trend of including new aspects of writing into his pieces such as voice, dialect, and satire. The one particular book written by Mark Twain that is known to be the beginning of American literature called The Adventures of Huckleberry Finn, contains all three of these aspects. We will write a custom essay sample on Satirical Mouthpiece in the Adventures of Huckleberry Finn or any similar topic only for you Order Now In the book, Twain uses the main character and narrator, Huck, to utilize his voice, dialect, and satire. Huck serves as a satirical mouthpiece for the author’s attitude by fulfilling his role as the naive narrator. There is a specific passage in The Adventures of Huckleberry Finn that accurately portrays the satire that Twain is trying to bestow upon the reader involving a character by the name of Emmeline Grangerford, a sentimental artist. Huck is inspecting the art of Emmeline and expressing his feelings about them in the text. If you read Huck’s explanations without examining the underlying meanings you will find that Huck is completely clueless as to the artists’ sentimental intentions. He evaluates one picture called â€Å"Shall I Never See Thee More Alas† by describing a woman â€Å"under a weeping willow† (Twain 119) in a graveyard, another picture with a woman â€Å"crying into a handkerchief† (Twain 119), and yet another with a crying woman about to jump off a bridge. All three of these illustrations are obvious cliches of sentimental art of the 19th century. Huck looks at the images and simply sees â€Å"nice pictures† (Twain 119), not realizing the intent of the artist, Emmeline. This is an excellent example of Huck’s role as the naive narrator. His lack of understanding provides a completely different take on the art than Mark Twain actually feels. Twain’s main intention of the passage is to poke fun at the sentimentalists’ artwork. He includes Huck’s explanations such as bulges on a dress â€Å"like a cabbage† (Twain 119), and â€Å"black slippers, like a chisel† (Twain 119) to mock the sentimental art which was poplular at the time that he wrote the book. Writing the passage in Huck’s point of view allowed Twain to add satire to the story by making Huck’s comments so cliche and ridiculous that it is obvious that this is not actually the way that Twain feels about the sentimental artwork. This is why the character of Huck, being as clueless as he is in the book, is necessary for him to serve as the author’s satirical mouthpiece. Huckleberry Finn is certainly not the typical narrator of a book. To understand the context of the writing, one must decipher what is actually occuring in the story and what Huck thinks is occuring because of his role as the naive narrator. Although this makes the book more difficult to comprehend, it also makes it more interesting to read and allows the author, Mark Twain, to include such factors of voice, dialect, and satire. The narrator’s conception of the storyline is extremely important to the book. Huck serves as a satirical mouthpiece for the author’s attitude by fulfilling his role as the naive narrator. How to cite Satirical Mouthpiece in the Adventures of Huckleberry Finn, Papers

John Curtin, Leading Australia in the Pacific War 1941 Essay Sample free essay sample

1914. in Europe. Africa and the Middle-East. there was a great struggle that was believed to stop all wars. This was non the instance. In Germany. September 1939. Adolf Hitler invaded Poland originating World War 2 in Europe. Wars spread throughout the universe. In the Pacific the War was from 1941-1945. Australia. America and Britain all fought together against the Nipponese. During the War. Australia was traveling through really hard times. people were confused and did non cognize what to make. until the Australian Prime Minister made immense and great determinations that helped Australia acquire through the War in the Pacific. The Australian Prime Minister at the clip was John Curtin. John Curtin’s determinations were first-class and efficient during the Pacific World War. Curtin made determinations about Foreign Policies. Australian defences and society. One determination that made a immense impact on Australia was the foreign policies. This helped Australia greatly when they were at their most valuable minute. We will write a custom essay sample on John Curtin, Leading Australia in the Pacific War 1941 Essay Sample or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page John Curtin spoke in parliament house statingâ€Å"Without any suppressions of any sort. I make it rather clear that Australia looks to America. free of any stabs as to our traditional links or affinity with the United Kingdom. We know the jobs that the United Kingdom faces†¦but we know excessively. that Australia can travel and Britain can still keep on. † ( Trevanion. E. 2011 ) The pick to turn to neighbouring states was an first-class determination made by John Curtin. Curtin sent word out to America that Australia needed to be defended because of the startlingly low figure of military protecting his place sod. He besides made a determination to convey back his military personnel from the Middle East. His determination to convey back the Australian soldiers to their fatherland made UK and Australia go into a conflicting statement. â€Å"As the winning Nipponese forces moved due souths. Curtins disputes with Churchill intensified ; there were heated exchanges when Chu rchill sought to deviate the Australian divisions returning from the Middle East to Burma. † ( Australian War Memorial. 2013 ) . Winston Churchill. the Prime Minister of Britain. insisted that the Australian armed forces should be sent to Burma because of the idea he had of the Nipponese invading and bombardment Burma and India. Having the Nipponese Bombing Burma and India would help Germany in their forces and do the War cause more mayhem throughout the universe. Churchill tried to guarantee that Britain would come and help Australia if they get an onslaught from Japan. Curtin refused his offer. knowing that he couldn’t depend on the British ground forces. â€Å"Curtin insisted on their return to Australia. After the autumn of Singapore he warned that the conflict for Australia was get downing. The Nipponese bombed Darwin merely four yearss subsequently. † ( Australian War Memorial. 2013 ) . The determination that John Curtin made to convey back the Australian soldiers had an exceeding result. doing Australia stronger. before the Nipponese bombed the Capital metropolis of Australia’s Northern Territory. Darwin. in 1942. The determination to deviate the Australian military and disregard Winston Churchill’s proposals and besides looking to the USA for defense mechanism in Australia was one of the greatest and outstanding determinations John Curtin made while being the Prime Minster. His Decision were really efficient and first-class during the Pacific World War.

Sweet Escape free essay sample

These are the words that mirror a flower that blooms in mud. In order for its petals to greet the warmth of the sun, a lotus flower must begin Its life buried beneath mud and filth. Fragile and little it uses its own strength to press on through the sludge so that it can live within the water. With time and patience, ITIL soon reach the surface feeling the sun shine on It. As Its buds begin to grow, the flower will then finally burst Into full bloom.Same goes here. At this moment, Eve been living my life facing trials, hardships and frustrations, but not until he day I realized that someone up there Is pursuing me. Now I consider these obstacles as my source of wisdom that I can use to move forward and recover. Im finally having hope that I can still grasp the light that shines brightly on top of me. We will write a custom essay sample on Sweet Escape or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page And someday I can also rise above to show my worth, that I dont deserve to be belittled and that theres a Jewel Inside of me Just walling to sparkle.Im a lotus that Is striving to grow through hard times, pursuing to rise above trials, determined to ascend out of the darkness and feel the sun, a lotus which petals are slowly in to blossom and waiting for the world to marvel at my untouched beauty. I know its not easy to grow and change, I have tried it a million times and I almost gave up but now I know that quitting wouldnt help me build up my being again.It may be a long and prudent process, but I will not waver and get tired for right now I yearn to be pulled out from mud and filth. I want to break away from this dark and cold abyss, flee, be healed, be marveled and have the sweetest escape of my life.

ISHAYA AJET HOSEA Essays (3056 words) - Health, Health Economics

ISHAYA AJET HOSEA Essays (3056 words) - Health, Health Economics ISHAYA AJET HOSEA 130151 CPBLG Investing in Africa's Future College of Business, Peace, Leadership and Governance Health Policy and Health Care in Africa (PGP516) Analysis of Nigeria's Healthcare System Lecturer: Prof. Pamela Machakanja Question: Due date: 5 th March, 2017 INTRODUCTION Nigeria faces a number of development challenges, of which poverty holds a central place. Indeed, the country is a land of paradox inasmuch as poverty is concerned. While Nigeria is a leading oil-producing nation and highly endowed in terms of various natural resources, the majority of her people are economically poor. As recent national data shows, over one-third of Nigerians (35%) live in extreme poverty while 54% are relatively poor. More than half of the Nigerian populations live on less than a dollar a day. In view of the extent and depth of poverty in the land, it should not be surprising that the health status of the country is poor, with an average life expectancy of only 46.6 years. According to the (Human Development Report, 2008) Nigeria is in the low human development index category and ranks 154 out of 179 countries, behind some West African countries with less economic potentials such as Ghana, Cameroon, and Senegal, which are in the medium human developmen t category. Key Terms: Sustainability, Health, Burden, Insurance, cover Executive Summary COUNTRY FACTS (2018 ) Population: 190,632,261 Life Expectancy at Birth Total : 53.8 years Male: 52.8 years Female : 55 years Infant Mortality Rate (Live Births) Total : 69.8 deaths/1,000 Male : 74.5 deaths/1,000 Female : 64.8 deaths/1,000 Health Expenditures: 3.7% of GDP (2014) (Source: CIA World Fact Book, 2017) The health system of the Federal Republic of Nigeria is currently in need of full evaluation. This is in order for new and revisited policies to fine-tune the wants of the forthcoming shift in infection pattern due to an epidemiological circumference (incidence, distribution, and control of diseases.) This means that the trouble of disease shifts away from communicable diseases like HIV/AIDS to non-communicable diseases but most recurring like diabetes. The contemporary health system is not fully built and equipped for the growing number of chronic diseases attacking the growing population of the country. Health care can be delivered at low cost, but in the current case, public health care delivery is notably inefficient and more expensively delivered by the private. This puts pressure on the financial situation of the health system. Therefore, policies in Nigeria's public health should focus more on providing access on a large scale. On that account, reinventing the parameters of operations of the National Health Insurance Scheme (NHIS) should aim at availing health access with ease for all and put more considerations into sicknesses that are considered minor. To achieve this objective, health facilities need further support by the government of the federation to enhance training and proficiency and a comprehensive focus on diseases. In addition, budgetary allocation towards heal ought to increase and be equally distributed across the nation THE ILLUSIVE STATE OF NIGERIA'S HEALTH CARE Slow Adoption of Information Technology Information technology is poised to bring about a significant transformation in the nation's health system, with the Internet serving as a major agent of change. The Quality Chasm report stresses that the automation of clinical, financial, and administrative transactions is essential to improving quality, preventing errors, enhancing consumer confidence in the health system, and improving efficiency (Institute of Medicine, 2001b). That report and others, as well as the plenary address at the summit by William Richardson, identify key areas in which a communications and information technology infrastructure could contribute greatly to enhancing the health care system (Institute of Medicine, 2001a; National Research Council, 2000). These potential contributions include enhancing clinical decision making by making real-time data available, increasing communication among providers and with patients through such approaches as remote medical consultations, collecting and aggregating clinical information and evidence into accessible information databases, facilitating patient access to reliable health information, and reducing medical errors. Failure to Address Growing Consumerism Among Patients There has been a growing consumerism in health care, exemplified by increases in access to health information o n the Internet and other media. Largely as a result of the Internet, patients and their families are now better educated and informed

Full Review Stanford Online High School

Full Review Stanford Online High School SAT / ACT Prep Online Guides and Tips If you're reading this article, you've probably heard of Stanford Online High School, but you may not know that much about it. In this guide, you'll find information on what Stanford Online High School is, who it's meant for, and some of the pros and cons of attending. What Is Stanford Online High School? Stanford Online High School, or Stanford OHS (formerly Education Program for Gifted Youth Online High School at Stanford University, or EPGY OHS) is an accredited, independent school for students seventh through twelfth grade, founded by Stanford University. As its previous name suggests, its target audience is gifted youth- those who excel far beyond what their local schools can offer. The curriculum is extremely rigorous in keeping with that mission: the school offers a high number of accelerated, AP, and university-level courses. There are approximately 650 students, 44% of whom attend full-time.The intention is that students will attend at least four years, though there are exceptions to the rule. The price tag is nothing to scoff at: $19,950 for full-time enrollment. The teaching is, by all accounts, top-notch: over two-thirds of Stanford OHS teachers have doctoral degrees, and many of them formerly taught as university professors. Classes are available to students around the globe and are conducted online, in a virtual classroom, in real time. It's a little like a group Skype session, only with more features (like electronically raising hands). You can see and hear the teacher, and you turn your own mic and video on when it's your turn to address the class. You can also message the other students in the classroom as you go. Stanford OHS offers academic advising, counseling, and college counseling to its students. There's also a number of other features presented either online or in-person. Certain academic clubs and extracurricular activities are conducted over the web, like the Ethics Bowl and the Tolkien C.S. Lewis Club. Students are also encouraged to make use of the activities offered locally to them, ranging from club sports to in-person meet-upswith otherstudents attending Stanford OHS. There's even an optional two-week, in-person session at the campus of Stanford over the summer. Students may, as I mentioned before, take classes at Stanford OHS full-time, or they can take classes part-time or on a single-course basis. In this article, we're mostly going to look at full-time students who expect to graduate with a Stanford OHS diploma. And "full-time" here meansvery full-time. More on that below. Who Is Stanford Online High School For? According to the Stanford OHS website, the school seeks "intellectually curious and motivated students with a record of achievement inside and outside the classroom." That's all well and good, but it's pretty vague- let's take a look at what that means in a practical sense. To accept or reject an applicant, Stanford OHS looks at a student's transcript, test results, teacher recommendations, work samples, and personal essays, as well as parent questionnaires. In other words, it's almost like a college application, and the school is looking for the same qualities that colleges are: the desire, motivation, and skills necessary to excel in advanced academics while also maintainingwell-balanced personal development. That being said, that acceptance rate was 70% as recently as 20, according to the New York Times' website- perhaps the result of the schoolnot yet being very well known. Stanford OHS's excellent track record is a testament to the caliber of students it attracts. That excellent track record involves a 2175 mean SAT score and a 32.5 mean ACT score for the class of 2015 (a mere 49 students). Not to mention, 89% of students who took AP courses passedthose courses with a 4 or 5. In other words, Stanford OHS caters to students who are willing and ready to put in the work it take to see results. Students attend Stanford OHS for a variety of reasons. For some, their living situation makes it difficult or impossible to attend a brick-and-mortar high school (one student on the website mentioned living in a houseboat in the middle of the ocean). Others have alocal high school that is not a good fit- perhaps they experience bullying or other social problems. For many, it's a matter of seeking the extreme rigor that Stanford OHS provides. For students whowant a real challenge, Stanford OHS may be the answer. What's It Like to Attend Stanford Online High School? Every student at Stanford OHS adheres to a slightly different schedule. Classes are seminar-style, with groups of roughly 15 students meeting twice a week for 75 minutes. There are a few exceptions to this rule; languages, for instance, meet three times a week. Courses are offered anywhere from 6:00 a.m. to 10:00 p.m. Pacific time, and there's no class on Fridays. The gist of the number of hours of academic work required of students is relatively stable. High school students take, on average, five classes, each requiring eight to ten hours of time a week between attending class, watching recorded lectures, and doing several hours of reading and writing assignments. The average student is expected to put in 40-50 hours of work a week. There are also things like assemblies and homeroom to attend, though these do not add significantly to the workload. All classes are conducted online, as mentioned earlier, and students need to find approved proctors to oversee their testing in person. Some students report that this online experience makes it difficult to get time to chat with classmates outside of school activities, though the hope is that students will get more deeply involved in their own communities to resolve this social deficit. Who has time for forming human friendships when you're doing 50 hours of schoolwork a week? Pros of Stanford OHS Stanford OHS, by all accounts, does an excellent job of preparing already-stellar students for college. Remember the test results I quote earlier? They're not a fluke. Classes are designed to recreate college as nearly as possible, and they cover some very advanced topics. The school is flexible for those who live around the globe or who are farfrom a school with rigorous academic options. If you're living in the middle of the woods, that's fine, as long as you have internet access. The school provides a platform for high-performing students to gather and feed off each other's skills and inspiration. "By far one of the most important aspects of OHS," says an anonymous reviewer on quora.com, "is- other OHSers! If you're the smartest one in the room, you need tofind another room. OHS is an awesome answer to that call..." The school is well-loved by attendees, earning ratings of 4.9 out of 5 on multipleschool-rating websites for parents and students. Cons of Stanford OHS At $19,950 a year, full-time tuition is prohibitive for many students. At $4,150 a year, even single-course tuition can be out of reach. (About 15% of students do receive financial aid.) Additionally, despite the school's best efforts to make sure students get appropriate social interaction, this doesn't change the fact that students are dedicating roughly50 hours a week to school and only ever interacting with classmates online. The same anonymous reviewer quoted above says, "My impression is that useful and deep social interaction at OHS is pretty difficult for many (maybe most) students," and, "My impression is that not enough OHSers (me included, last year) get outside or exercise or interact socially..." Also, Stanford OHS is currently a school with low visibility and low recognition. One student expressed that many college admission officers were skeptical at first, though it also turns out that this point was a good conversation-starter. Finally, courses are extremely rigorous which can add a lot to a student's stress level. In many ways, attending Stanford OHS islike starting college early.That's a great way to be prepared, but you also lose the days of your high school experience, and that only comes around once. Is Stanford Online High School Right for You? Stanford OHS is a great option if you are unable to attend a brick-and-mortar high school for reasons ranging from your living arrangements to the difficulty of navigating the peculiar social world of your local school. It can also be agreat optionif you want anunusually rigorous experience to prepare you for the demands of college. If IB and AP don't sound like enough, Stanford OHS may be the way to go. That being said, you need to have a good session of soul-searching before you apply to Stanford OHS. Ask yourself some tough questions.First, can you afford the high tuition costs? Are you going to become socially isolated without daily in-person interaction with classmates? Are you, quite honestly, disciplined enough to deal with the relative flexibility of a Stanford OHS schedule and the lack of constant supervision? Are you earnestly excited by the prospect of Stanford OHS, despite the cons discussed above? Really think about your answers before you begin the process of applying. Stanford OHS is a great path to learning, but it's not the only one. Find what's right for you. Conclusion Stanford OHS is a rigorous independent school with a number of great features. By all accounts, it does an excellent job of preparing outstanding students for topuniversities around the world. That being said, there are some downsides, including the cost, the possibility of social isolation, and the stress of taking on so much so soon. Stanford OHS is an excellent option for students who are fully committed to getting everything possible from their academic careers (and who have already proventhemselves to be academically gifted). It's less ideal for students who enjoy the full experience of socializing with classmates in the halls, playing school sports, and enjoyinga few last years at a relatively slower pace before the pressures of adulthood take full hold. What's Next? If you're pondering whether online high school is the right option for you, read our article on that very topic. If you're going for an IB education, you may also want to read about the possibility of taking IB classes online. On the other hand, if you're going the AP route, we've got information on taking AP classes online. Want to improve your SAT score by 160 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:

The Value of Higher Education Research Paper Example | Topics and Well Written Essays - 1750 words

The Value of Higher Education - Research Paper Example What is definitely agreed on is that higher education is very important in being able to get a job that pays a worker well enough to maintain a home, family and the necessities of living that go along with that. As we grow from childhood, our parents, or other authoritative adults, tell us that the way to succeed in life is go to school, go to college after high school, then get a good job after graduation. Attending college is commonly perceived as the only way to getting a good job that pays enough to have a nice home, car, and support a family. In 2000, 84 percent of American adults over 25 years of age had completed high school, and 26 percent had attained at least a bachelor’s degree. Those numbers were an all-time high score compared to 1975, where only 63 percent of adults had graduated high school, with only 14 percent graduating college (Day, 2002). Research showed that in the years between 1997 and 1999, a non-high school graduate could expect to make no more than $2 3, 400 in a full-time job per year, whereas a college graduate could make $52,200 and a doctoral degree could bring in $89,400 or more (Day, 2002). What was also interesting to note was the charting results of comparison salaries between men and women with bachelor degrees who basically start out at almost the same salary in similar jobs in the early 20-something age group. In the later ages, women tend to lag behind in salary increases, most likely due to having children and being off work, moving to accommodate a husband getting a better job elsewhere, or just having a degree that doesn’t address the current job market needs (CPS, 2002). Moving forward to the latest report, published in 2012, accommodating survey information from 1984 compared to 2009, the numbers show that almost twice as many sampling respondents have attained a vocational certification, associate’s degree and higher. What was most glaring however, was to see that the numbers had dropped from 60,00 0 high school graduates in 1984 to 57,8880 in 2009 (Ewert, 2012). With a larger population growth, this means that fewer teenagers are actually graduating from high school, leaving a larger labor force in the population that does not have a higher level of education. For those that went on to college, the greatest amount of bachelor degrees were awarded in the fields of business, with close runner up degrees in education, engineering, health care, liberal arts and humanities, and natural sciences. Advanced degrees attained were in education (as the highest rate), business, law, medicine, with nursing/public health and natural sciences running neck in neck in the fifth position. In vocational certificates, the highest is in health care, with business/office a close second. Auto mechanics came next, with cosmetology, computer trades and construction trades in the third, fourth and fifth ranking positions (Ewert, 2012). What must be taken into consideration is the change in population sampling from 1984 and an upgraded survey to a different sampling group in 2009. The labor market and its current needs are also reflective of what fields student get degrees in, fully expecting to get jobs in that field after graduation, get on-the-job experience and then go for an advanced degree in the same field. What is not calculated into this path of development is how the job market in, say, the

Excessive Materialism Essay Example | Topics and Well Written Essays - 3000 words

Excessive Materialism - Essay Example "The foundation of America was built on the idea of being a land with endless opportunity. That opportunity was not only freedom to oneself, but also the opportunity to gain much wealth." (Jackson, n.d., para. 1). Each citizen's prosperity was a reward for their hard work and diligence (Wikipedia, The American Dream, n.d., para. 1). However, the American Dream has been dramatically redefined to reflect the excessive materialism that is representative of the crumbling moral and social core of today's world. The new American Dream, fueled by excessive materialism, has brought new and detrimental values to a society that has already gone astray. In addition, the American Dream as it exists today is more and more difficult to attain, because it is built on unrealistic ideals. As people work harder and harder to consume more and more, their lives are out of balance. In the quest for wealth as measured by purchases and materials items, their quality of life diminishes with the loss of fami ly and personal time. Excessive materialism, in trampling our esteemed and treasured American identity, threatens our individual well being, collective justice and ecological balance today and in the future. is consumed by consumers of expensive coffee, name brand clothing, chic cars, trendy hair cuts, cell phones, laptops, and portable video games. A large portion of people are talking on a cell phone and a larger portion of people look stressed out. The biggest and most obvious difference to me is how the children dress, talk, behave and play compared to even when I was young. In absorbing my surroundings, I realized that excessive materialism has become an accepted value in our society. The concept of materialism can be traced back in biblical history and literature. Mammon is used in the New Testament to describe materials wealth or greed and to personify a false god (Wikipedia, Mammon, n.d.). Webster defines 'Mammon' as 1) the false god of riches and avarice and 2) riches regarded as an object of worship and greedy pursuit; wealth as an evil, more or less personified (Websters, 1977). Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal: But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal: for where your treasure is, there will your heart be also. No one can serve two masters, for either he will hate the one and love the other; or else he will be devoted to one and despise the other.

The Personal Narratives Written By Beller And Thurber Essay Example for Free

The Personal Narratives Written By Beller And Thurber Essay Though the personal narratives written by Beller and Thurber were fairly short, they still revealed a lot about themselves, which essentially affected the experience of the reader. Through Thurber’s words, the reader gets a sense of who he was during his â€Å"University Days† by his many stories of the classes he claims he didn’t like. Beller on the other hand, reveals himself by his sense of style and description of the different unimportant articles of clothing. Both Beller and Thurber however use anecdotes to draw the reader in so there is a possibility of a connection,  thus altering the reader’s experience from what it would be like for them to just explain their point very dully. Right from the beginning of University Days, Thurber shares an amusing experience that grabs the readers attention immediately. Rather than just telling the reader his dislike for each class, he begins by saying â€Å"I passed all the other courses that I took at my university, but I could never pass botany. This was because all botany students had to spend several hours a week in a laboratory looking through a microscope at plant cells, and I could  never see through a microscope†(Thurber 26). From this, Thurber reveals his point of having some troubles with certain classes, but in a way where the reader finds it humorous and in a way where some readers might be able to relate. If Thurber were to just say he didn’t pass botany and economics and just left it at that, the reader wouldn’t be as engaged, nor would the reader actually understand what he had to go through.

Naked Lunch :: Naked lunch Essays

Naked Lunch Naked Lunch has been described by the author as "brutal, obscene, and disgusting." It was declared "obscene, indecent, and impure... and taken as a whole... predominantly prurient, hardcore pornography and utterly without redeeming social importance," when brought to trial in Boston in 1965. However, declaring William Burroughs' novel to be completely without redeeming social importance seems inaccurate. Naked Lunch paints a vivid portrait of addiction in all its horror, and of the steady degradation of the addicts around whom the novel centers. Burroughs titles his introduction "Deposition: Testimony Concerning a Sickness." He believes that addiction is a sickness, and feels that addiction should be treated as a physical disorder, not a psychological one. The body of the novel is not pornography; it is not pointlessly graphic and obscene. Rather, it uses its brutality and obscenity to portray the destructiveness of addiction. Though it contains detailed descriptions of drug use and even outlines how to use many drugs, it is not a manual for drug use. Rather could be taken as a warning against the usage of such drugs. The novel gives a detailed description of the horrific consequences of addiction, as well as a warning: "Look down LOOK DOWN along that junk road before you travel there and get in with the Wrong Mob... A word to the wise guy" (xlv). The novel warns against addiction, against using the drugs described within. As a warning against drug use and a study of addiction, Naked Lunch has both social and scientific value. During the Boston trial, writers Norman Mailer, Allen Ginsberg, and John Ciardi all testified on behalf of the novel, asserting its literary importance. When the book was declared not to be obscene by the Massachusetts Supreme Judicial Court, the decision was based on the fact that a "substantial and intelligent group" within the literary community believed that the novel had literary significance (394). In light of its being considered to have not only redeeming social value, but redeeming scientific and literary value as well, Naked Lunch cannot be declared obscene in the legal sense.

Zara Supply Chain Analysis

Zara’s Secret to Success In comparison to its competitors, Zara’s supply chain is quite unconventional. Instead of focusing on competitive product prices and advertising Zara has developed a super integrated supply chain paralleled by few (1). This supply chain allows it to rapidly respond to market demand and have extensive control over its design and production process (1). Inditex, the clothing company that owns Zara is extremely vertically integrated. It is comprised of over 100 design, manufacturing, and distribution companies (3). Contrary to the common practice of ousting unnecessary labor, it handles most of its own manufacturing (60%), outsourcing only simple clothing designs. This extensive integration allows Zara to design, manufacture and distribute in as little as 15 days, which is lightning fast in the clothing industry (1). This is the essence of Zara. Zara releases new clothing designs every two weeks (2), creating a â€Å"made to order† feel as customers often have only one opportunity to buy a specific product (3). This strategy increases the frequency that customers visit the store and also decreases the need to mark down prices on unsold merchandise, saving the company money (2). Furthermore, this unusual practice reduces the cost of running out of one item. They sometimes even encourage stock outs to promote scarcity and therefore higher demand- a technique unheard of elsewhere (1). Image 1: Workers assembling clothing at a manufacturing plant Success of Zara and Goals of Target Zara’s responsiveness to consumer demands is one of its greatest accomplishments. Its designers perform extensive fashion research and communicate exceptionally with its retailers to accomplish this (2). Target releases new clothing every 6 months which is a snail’s pace compared to Zara. By improving the fashionableness of its products Target could expect more sales and less inventory to hold. Also, if Target could leverage more of its capital assets in the way Zara does more flexibility of production operations would result. Zara mainly integrates backwards in its supply chain in order to control its production operations (2). Mimicking this aspect would allow for more control of Target’s order sizes, order frequencies, and quality. Also, this would improve communication within the supply chain and therefore lessen the bullwhip effect. Furthermore, Zara produces more trendy and less basic clothing than Target. If Target augmented its ratio to be more similar to that of Zara it could realize more sales, especially in the women’s department. What Target Could Learn from Zara Specific ways that Target could improve its supply chain operations based on Zara’s model are as follows: For one, Target should improve its realization of market demand by increasing communication from consumers, and retail departments to producers. Programs should be implemented to foster constructive relationships between retailers and designers to communicate up and coming fashion trends. Also, designers should use consumer surveys, attend fashion conventions, and research the market to further meet demands for future trends. Furthermore, a method of collecting consumer feedback should be used to further study the desires of customers and how to meet them. This could be done at a relatively low cost and without much alteration to the supply chain’s basic function. Difficulties could include financing extra designer education, and obtaining valuable, relevant feedback from consumers. These are minor problems that would not be insurmountable. Increasing Target’s backward integration of the supply chain would increase production flexibility. Large manufacturers and suppliers that produce multiple major store product lines should be targeted. Integrating them into the corporation could potentially reduce extraneous costs due to order size inefficiency and the bullwhip effect. Product quality could be better controlled as well as communication. High costs of purchase and dealing with overseas firms could pose problems to this idea, but could result in a more efficient supply chain. Augmenting the ratio between trendy and basic clothing would also be beneficial to Target’s sales. Target currently sells 80% basic clothing and 20% trendy clothing. With the popularity of women’s clothes high, Target should move towards producing more fashionable clothing in more styles within the women’s department. This would boost sales of the more expensive trendy clothing and simultaneously decrease excess basic clothing inventory, increasing revenue and decreasing holding costs of basic clothing inventory. Making the shift to more trendy clothing production could be costly, but if done gradually would not have a huge impact on the financial sector.

Disability Services in College

Before the advent of the Rehabilitation Act of 1973 and the American Disabilities Act Title II in 1990, a young adult with either a mental or physical disability had a hard road ahead of them if they chose to continue their education after high school. Colleges typically were not set up for disabled students and could not accommodate special needs. When the special needs student lagged behind because of a specific disability, it was generally considered a shoulder-shrugging â€Å"oh well† sort of thing.Considering that nearly one out of every five people in the United States suffer from some type of disability that impairs his ability to accomplish the daily activities of life, it is somewhat of a sad statement on our society that these Acts were not implemented much earlier in our history. (Treloar 1999 p. 1). In any case, these Acts helped those students who perhaps had tried to hide their disabilities from fear of prejudice or rejection. Few college professors prior to 1973 had any exposure or experience with disabled students, and many of the disabled students were left feeling misunderstood and unable to complete their education.The first step in trying to make the college experience as positive for a disabled student as for a â€Å"normal† student was to attempt to change the public’s perception of the disabled. Typically media images of the disabled evoked sympathy, pity, or even horror from the public. This perception had to be changed in order to show that the disabled students were, at their core, just students trying to get an education. The focus had to be shifted from their disability to how to make their learning experience a positive one.  (Treloar 1999 p. 1).Federally funded colleges â€Å"cannot discriminate against or exclude a qualified person from programs or activities solely on the basis of his or her disability. A qualified student meets the technical and academic qualifications for participation in an educational program or activity. † (Treloar 1999 p. 2). Colleges are expected to make reasonable accommodations so that these otherwise qualified students have the same opportunity to participate as other students.Accommodations may include accessible locations, extended time for test-taking, substitution of nonessential courses for degree requirements, adaptive equipment or technology such as tape-recording classes, or other services such as the use of note takers or readers. (Treloar 1999 p. 3). Though the changes have likely seemed slow in coming to those they affect, the reality is that each year more strides are made to help those with disabilities receive the same college degree as their disability-free counterparts.Section 504 of the Rehabilitation Act of 1973 is a national law that protects qualified individuals from discrimination based on their disability. The critical word in that sentence is â€Å"qualified. † Individuals with disabilities are defined as persons with me ntal or physical impairments which substantially limits one or more major life activities. Major life activities include caring for oneself, walking, seeing, hearing, speaking, breathing, working, performing manual tasks and learning.(United 2006 p. 2).This law applies to any employers or organizations that receive financial assistance from any Federal department or agency, including the U. S. Department of Health and Human Services. Nearly all public and most private colleges are recipients of funds from the Federal Government, therefore fall under the ADA. Section 504 prohibits organizations from â€Å"excluding or denying individuals with disabilities an equal opportunity to receive program benefits and services. † (United 2006 p. 2).Therefore, if an individual is hindered in one or more of the above major life activities by a disability, they cannot be excluded from any federally funded organization or employer. The American Disabilities Act prohibits the denial of servic es or benefits on â€Å"specified discriminatory grounds. Just as a government office cannot refuse to issue food stamps or other benefits to an individual on the basis of his or her race, it cannot refuse to provide benefits solely because an individual has a disability. † (ADA 2005 p. 2).An example of this would be that a city could not refuse to admit an individual to a city council meeting that is open to the public merely because the individual is deaf. As related to college students, they cannot be denied participation in any class or activity which they are otherwise qualified for, and must be granted the considerations necessary to complete their education. For instance, a visually impaired student would need to be placed at the front of the class, and all possible accommodations made so that he was able to see what was necessary to complete the class.(ADA 2005 p. 3).Both of these Acts made substantial strides in many areas for those with disabilities, education being only one of them. Despite these strides, however, there are still areas in colleges that need significant improvement in order to fully meet the needs of the disabled students. In 1996 approximately six percent of students enrolled in postsecondary education had disabilities, with the majority of these reporting sensory loss (visual or hearing) or orthopedic conditions.  (Palmer 2000 p. 1).Despite the obvious nature of these disabilities, the actual number one reported problem from the students with disabilities is that there are â€Å"significant deficits in the knowledge of disability rights in a majority of universities and university personnel†¦and that the college students with disabilities need assistance in dealing with complex social interactions such as the request and negotiate demands in the accommodation situation† (Palmer 2000 p. 2).In other words, the problem is not lack of accommodations necessarily, but more that the students with disabilities lack the skills required to state their needs and negotiate the help they require. Another area in which students with disabilities need particular help lies in career guidance services. â€Å"The collegians with disabilities are in greater need of career guidance services than their nondisabled peers. Students with disabilities face attitudinal barriers including lowered expectations, delayed vocational development and unsatisfactory career development support services.† (Benshoff 1990 p. 2).It becomes clear that the Acts passed in the last three decades have been crucial in providing physical, concrete help for students with disabilities, yet the attitudes toward the disabled still exist, even though they may be cloaked in outward helpfulness. The disabled students feel they are severely lacking in career counseling as well as that they face barriers erected from others’ attitudes toward their disabilities. Learning disabilities are much less mentioned than physical disabili ties, yet recent years have shown a significant growth in students with learning issues.In 1998 over 35% of all freshman college students stated they had a learning disability, up from 24% in 1991. This creates a challenge to professors and colleges alike, because many professors prefer that â€Å"all students meet the same set of requirements within the same time period and are ill-prepared either to adapt their instruction to address the individual needs of students or to identify appropriate, fair and reasonable accommodations. † (Thomas 2000 p. 1).This remains an ongoing problem, and one with no easily identifiable answers. Many students, both â€Å"regular† and disabled, take web-based college classes which fit in with their busy lives and schedules better, in many cases, than the traditional classroom. While physical barriers are â€Å"obvious accessibility concerns confronting students with disabilities,† web page developers must be aware that online barr iers can also cause accessibility problems for disabled users. (Flowers 2000 p. 2).Web page developers need to be very aware of those users with disabilities and follow the standards set that allow more accessibility to students with disabilities. There are many new technologies which allow students to access information such as Braille output systems for the visually impaired, modified keyboards, screen enlargements and voice output utilities. Web developers can provide alternative ways to access information presented with â€Å"images, sounds, applets and scripts. † (Flowers 2000 p.3).Though we are a nation of internet users, the disabled student has special issues regarding the web that must be addressed. When all is said and done, it must be remembered that â€Å"positive classroom experiences in college are critical to successful inclusion of students with disabilities in the campus community. Faculty relationships are known to have a pivotal effect on whether at risk s tudents, like students with disabilities, are embraced in the college environment. † (Smith 2004 p. 1).Instructors need to be able to develop a safe atmosphere where all students can express their own life experiences and look at the differences between one another. In this type of an atmosphere all students can talk about the issues they find most relevant in their personal lives, leading to an atmosphere much more conducive to learning. Students with disabilities sometimes have difficulty absorbing the lectures by their professors, but if they feel like they are in an environment where they can safely express their concerns, the satisfaction level tends to go up significantly.In a study done at Baylor University, three of the issues disabled students felt to be most important to their success were: counseling which included an in-depth assessment of the student’s requirements and needs, caring people who offered a solid support system, and extra time on their tests. S tudy skills, time management and a solid sense of security in their environment were other issues these students felt were of great importance to their success. (Smith 2004 p.4).There are many groups who seek to help students with disabilities, such as the National Association of Blind Students, College and Career Programs for Deaf Students, and CHADD, a leading non-profit organization for both children and adult students with ADHD. One group, known as AHEAD or Association on Higher Education And Disability, is a group committed to â€Å"full participation of persons with disabilities in post secondary education. † (Smith 2004 p. 5).AHEAD values such things as diversity, personal growth and creativity in those with disabilities, while promoting leadership in this same group. AHEAD seeks to stay abreast of current issues regarding disabilities, education and accessibility for those with disabilities. Since 1977 AHEAD has excelled in delivering quality training to those with di sabilities and actively addresses disability issues on campuses. There are many challenges and issues facing disabled college students.Thanks to the ADA and the Rehabilitation Act, the actual physical challenges have lessened immensely for students and great strides have been made in accommodating physical disabilities in most all areas of classrooms, dorms, library, parking and cafeteria. More work needs to be done, however on the mental disability issue, as there tends to be more negativity and stigma attached to mental disabilities than physical, and colleges still have a ways to go to accommodate these students.

jayson williams is guilty essays

jayson williams is guilty essays Former NBA player Jayson Williams, 36, is fully responsible for the February fourteenth (2002) shooting of Costas Christofi. Christofi, 55, had been hired to drive Williams's friends from a Bethlehem, Pa. charity event back to his estate. Williams shot Christofi while giving his house guests a tour of his Hunterdon County estate after a night out. Williams's brother, and eleven other guests, including four players from the Harlem Globetrotters, were at the house the night of the shooting. According to the witnesses who testified at the trial, while Williams was showing his guests around his master bedroom, he grabbed a twelve-gauge shotgun from his gun cabinet, opened it, and then jerked it shut. When the gun closed, it fired, striking Christofi in the chest. He was found shot to death in the master bedroom. Williams was charged with manslaughter and other charges which include hindering apprehension, evidence tampering, witness tampering, fabricating physical evidence and conspi racy to obstruct the law for the death of his limousine driver (Free Press). What is hard to understand is why Williams even took the shotgun out of his gun cabinet. Something which is even more difficult to understand is how he could not realize the shotgun was loaded. If he did realize it was loaded, could he actually be that reckless to play around with it. Also, why was the gun even facing Christofi? There is no doubt that he did nott mean to kill Christofi, but how could he be so reckless? The fact that he shot Christofi is not even the disturbing part. Christofi's death was initially reported as a suicide, but it was later ruled a homicide after an autopsy confirmed it. A 911 tape actually reveals Williams saying that a man committed suicide in his house. Williams told his guests to agree on saying that Christofi killed himself. During the time in which Christofi was shot, Williams wiped down the gun and then tried to t...

How to Teach Your Students to Write Biography Poems

How to Teach Your Students to Write Biography Poems Biography poems, or Bio poems, are a quick and easy way for young students to learn poetry. They allow students to express their personality and introduce themselves to others, making them a perfect activity for the first day of school. Bio poems can also be used to describe someone else, making them perfect for history lessons or other subjects where students might be studying key historical figures. You will see in the examples below that students can research someone like Rosa Parks, then create a Bio poem on her. Example Bio Poems Here are three examples of Bio Poems. One is about a teacher, one is about a student, and one is about a famous person that students researched. Sample Bio Poem of a Teacher Beth Kind, funny, hard-working, loving Sister of Amy Lover of Computers, Friends, and Harry Potter books Who feels excited on the first day of school, sad when she watches the news, and happy to open a new book Who needs people, books, and computers Who gives help to students, smiles to her husband, and letters to family and friends Who fears war, hunger, and bad days Who would like to visit the pyramids in Egypt, teach the world’s greatest third graders, and read on the beach in Hawaii Resident of California Lewis Sample Bio Poem of a Student Braeden Athletic, strong, determined, fast Son of Janelle and Nathan and brother to Reesa Loves the Diary of a Whimpy Kid books, sports, and Baked Beans Who feels happy when playing with friends, and happy when playing sports and being with his family Who needs books, family, and Legos to by happy in life Who makes people laugh when someone is sad, who likes to gives smiles, and loves hugging Fears the dark, spiders, clowns Would like to visit Paris, France Resident of Buffalo Cox Sample Bio Poem of a Person Researched Rosa Determined, Brave, Strong, Caring Wife of Raymond Parks, and mother of her children Who loved freedom, education, and equality Who loved to stand up for her beliefs, loved to help others, disliked discrimination Who feared racism would never end, who feared she wouldnt be able to make a difference, who feared she wouldnt have enough courage to fight Who changed history by standing up to others and making a difference in equality Who wanted to see an end to discrimination, a world that was equal, and respect was given to all Born in Alabama, and resident in Detroit Parks

Advertisements to Compare Essay Example | Topics and Well Written Essays - 500 words

Advertisements to Compare - Essay Example Currently, advertising can be regarded as a public relation, marketing, communication, information and persuasion process. The Olay and Tropez ads have very convincing messages to the consumers. For instance, ‘you color, your life.’ It emphasizes the importance of maintaining a good natural skin color. There are numerous kinds of adverts, for instance adverts appearing on billboard posters, ‘junk’ mail, football teams, television, radio, and social media. These advertisements channels usually make a lot of revenue since adverts are typically paid for. Both Olay and Tropez adverts are aimed at promoting cosmetic products and appeared on print media and television. They both use pictures of women who have appear beautiful according to their skin color after applying the lotions. This is true to the beauty and fashion industry which is mostly associated with women. Both ads have the pictures of a fair skin woman who has been made to look more beautiful by applying the Olay and Tropez lotions which have made to have that natural look. This easily convinces the customers that if they use the products they would be like the pictured women. This shows the practicality of using the products. Both adverts have the major points that they want the customers to focus on as soon as you have a look at them. Additionally, both adverts also contain a visual trick which makes you to start thinking about skin color, this in turn gains more attention from the reader. Lastly, the adverts contain the company logo located at very conspicuous position which makes the customer to easily identify the brand. The brand name Olay has been at the bottom of the advert so as the customers can associate the product and the brand name. On the contrary, Tropez ad has the brand name at the top of the advert. Another difference between the two ads is that Olay has a conspicuous precautionary message for the

Animal Farm- George Orwell Orwell uses key characters in Animal Farm Essay

Animal Farm- George Orwell Orwell uses key characters in Animal Farm to satirise certain characteristics in human nature. How - Essay Example Significantly, Animal Farm has been recognized as a fairy story told by a great lover of liberty as well as animals, but it reflects the realities of Soviet Russia during the Stalin era. The fundamental themes of the novel, that have generated relentless controversies during the wartime, include the abuse of power, the erosion of civil liberties, democracy versus dictatorship, and, most importantly, the relationship between leaders and followers. Most essentially, â€Å"Animal Farm is not merely about Lenin and Stalin†¦ it has much to say to us today about the relationship between government leaders and followers.† (Rodden, 182) One of the basic concerns of the novelist in Animal Farm is to establish how true leaders inspire the followers while the false leaders deceive them, and the nature of this relationship has played a crucial role in the acquirement or loss of freedom and equality in the society. ... Significantly, the novelist presents the relationship between leaders and followers through the main characters of the novel who satirize various characteristics in human nature. Thus, Orwell presents pigs as taking over the command of the farm at the death of the Major, because they were â€Å"the cleverest of the animals.† (Orwell, 15) Thus, two young pigs, Snowball and Napoleon, become the leaders of the ‘Animal Farm’ and they allegorically represent Joseph Stalin and Trotsky. In a reflective exploration of the major themes and characters in the novel Animal Farm, it becomes lucid that the novelist exhibits the failure of leadership to offer freedom and equality to the followers. â€Å"In short, it can be regarded as the failure of leadership or how an intelligent, devoted leader of the revolution to better the miserable lives of animals on Manor Farm, Snowball, is driven out by a Napoleon that animals think is ‘always right’.† (Moeller and Moeller, 133) In a reflective exploration of the leaders in the work, it becomes evident that the two major leaders are presented in contrast to each other. In the novel, Snowball is presented as a more vivacious pig than Napoleon, quicker in speech and more inventive, but was not considered to have the same depth of character.† (Orwell, 15) On the other hand, Napoleon is presented as â€Å"a large, rather fierce-looking Berkshire boar †¦ [who is] not much of a talker, but with reputation for getting his own way.† (Orwell, 15) These leaders were not able to bring about freedom and equality to their followers, although their followers of ‘Animal Farm’ were expecting nothing else. Both Snowball and Napoleon were rivaling each other for power and they

Unconventional Monetary Policies of the Economic and Monetary Union Essay

Unconventional Monetary Policies of the Economic and Monetary Union - Essay Example The main body presiding over the decisions of the Union is the Eurosystem which consists of the governors of the European Central Bank (ECB) and National Central Banks (NCBs) of the seventeen member countries (European Central Bank, 2004). While the ECB has only a major share in deciding the policies of the EMU, it bears the whole of the responsibility of implementation of the EMU’s policies. The Governing Council of the EMU comprises the people voting over the prospective policies of the EMU. Each person has one vote of the common weight. Members of the council include the President, Vice-President and the four directors of the ECB, and the governors of the NCBs of each of the seventeen member countries thereby rendering the total number of Governing Council members twenty-three. Primary Objective The main objective of the EMU as described in article 105 of the Maastricht Treaty (Jenkins & Economist Intelligence Unit, 1992, p. 466) is the maintenance of price stability. The a rticle goes on to state that â€Å"Without prejudice to the objective of price stability, the ECB shall support the general economic policies in the Community with a view to contributing to the achievement of the Community†. The reasoning for the selection of this objective can be traced to the incentive for the formation of the ECB, which was the fear of rising in inflation due to the dominance of the Germans over the European economic landscape. Hence the EMU has a stated primary objective of keeping the average growth, over the Union countries, of the Harmonised Index of Consumer Prices below two percent (Buti & Sapir, 2002). Monetary Policy In order to pursue this objective the EMU has to choose between the two main macroeconomic approaches. It can either concentrate on an Inflation Targeting approach where a clearly defined objective of numerical indicators of levels of inflation is to be pursued or it can adopt a monetary targeting framework where it expands its resourc es on influencing the monetary aggregate. So far the strategies adopted by the EMU have been described by economists as inclusive of certain aspects of both types of approach; a two-pillar approach. The first pillar in this approach is the money stock manipulation while the second pillar comprises the inflation control strategies. It has been evident for at least a decade that the monetary aggregate indicators do not correspond to the inflation rates which the monetary control purportedly affects (Bofinger, Reischle, & Scha?chter, 2001). The basis for this approach is the economic relation of the money stock to price stability represented by the Quantity Theory Equation (Mayer, 1990, p. 132): ?m = ?p + ?y – ?v Where ?: Change from one year to the next m: Money stock p : Price level y : Real GDP v : Velocity of stock However the equation and the corresponding monetary theory assume that the monetary base represents the M3 aggregate. This assumption has turned out to be incorre ct from the experience of the Euro area economies in the past decade.  

A Study On Television News Channels In Tamilnadu

A Study On Television News Channels In Tamilnadu The Television media which is always the most powerful means of mass communication in the world can serve as the medium of information, education and entertainment and thus television has become an essential part of our life. Television is a combination of technology and cultural forms (Williams, 1975) and as this industry also finds itself at the heart of all kinds of commercial and industry strategies. Television is a medium which is used to express the social concern and the political views creatively. In India it is one of the huge industry which have thousands of programmes in different languages and 50 percent population of every house own a television. Television in the recent days have grown tremendous because of new markets, cultural introduction, and in situations becoming a challenge to even the government as they bring out the unfamiliar images to the audience. As television is basically the broadcasting of moving picture and the sound to the audience effectively, most of the time television stays as a remarkable evidence about an issue .As an example, an incident quoted from the book, Screening culture, viewing politics by Purnima Mankekar, November 1984 : A hectic and rewarding year is drawing to close for S.S Gill ,Indias secretary for the Ministry of Information and Broadcasting. On a special mission authorized by Prime minister Indira Gandhi, he has spent the year setting up hundreds of television transmitters that will draw the remotest corners of the nation into the ambit of Indian televisions newly launched National Programme. Suddenly Mrs.Gandhi is assassinated. Ironically , the first TV images viewers nationwide see are of her body lying in state, and close-ups of her grieving son Rajiv Gandhi. Within a few months , Rajiv Gandhi is elected prime minister .The queen is dead; long live the king. (Mankekar, 1999)The magic of Televisi on has made itself felt. And thus such a power Television owns. The Indian media business is still growing with confidence even in this changing position on the world stage. The Government owned Doordarshan was the only channel in the Indian airwaves until 1990s, but now it has been filled extraordinarily by private channels. With 360 channels currently on air,160 channels waiting for governments permission. Indian television viewers has more choices than anywhere else in the world. More than a hundred million households in India now own at least one television set. Seventy million of them are connected to cable or satellite TV. At their finger tips lie choices galore: movie channels ,music channels ,television soap operas and news broadcasts; CNN and BBC, the Rupert Murdoch-owned Star TV bouquet of channels ,International sports channels and the home grown Zee television all vie for their attention. (Batabyal, 2012) Media landscape was added with glitz and glamour ,the black and white days are replaced with gloss ,gossip and money. As Hartley argues News is the sense making practice of modernity; It is an important medium through which we understand ourselves and the world around us, who we are, what we are, our collective likes and dislikes (Batabyal, 2012). Television birth and growth in India Televisions birth in India was started by The All India Radio in September 1959 which was an experimental broadcasting and they had only 2 hours programme per week. The All India radio managed these initial stages of TV broadcasting which was majorly based on educational programmes for farmers and children. The Television services further expanded to other cities of India and thus reached 7 cities of India and at that stage in 1976 Doordarshan which became the sole producer of Television in India separated from the All India Radio and formed a new department purely for Television Broadcasting. In the year 1982 Doordarshan made national coverage possible for the first time using the satellite INSAT 1A and in the same year colour television also came into market apparently at that stage Doordarshan was the only national channel and it was owned by the government which was further enhanced by the series of Mahabharata and Ramayana and this attracted people and they started buying Television sets. As there was only a single channel and the expectation of the audience was still increasing so as to meet the saturation of television programmes Doordarshan opened up new other channels in many languages like DD National, DD News, DD Sports, DD Gyandarshan, DD Bharati, Loksabha Channel and DD Urdu. In such a way Doordarshan evolved over the years. As Indias television system grew, not as a medium in its own right but as a response to events and decisions around it. Thus television industry grew, satellite private channels came into existence the 1990s can be said as the year of private channels because it was from when private channels emerged and audience who was stuck with Doordarshan was ready to shift their interest to the new private channels as always new technologies and new forms emerged attracted the audiences. As a medium television and the news genre underwent the most spectacular change and growth and thus from only one news channel in 1998, today India has close to 60 24 hours news channels all over the country. In that most of them are national but even they reach international audiences. Many channels like Star tv, Zee tv in hindi, sun tv in tamil, Asianet in Malayalam ,Eenadu in kannada all started in India.All the major languages in India has a Television in their own language. Thus televisions created India in its own images the media industry was rich, booming and it was ready to compete on the world stage . In such a way the television industry in India developed and as a other category of channel came up the news channels which was only concentrating on news 24/7 so that people was able to choose the categories of interest on their own. TELEVISION NEWS The one function TV news performs very well is that when there is no news we give it to you with the same emphasis as if there were (Brinkley, 1994). Television news is like a lightning flash. It makes a loud noise, lights up everything around it, leaves everything else in darkness and then is suddenly gone (Carter, 1994 ). After all this statements even when the credibility of the television news is still doubted, Television news media, the broadcast journalism in the past decade has come of ages. At present we have television news channels in all major regional languages that are solely dedicated to news alone so that the audience need not wait to see the half an hour news in between the daily soaps in commercial channels. As these news channels give 24/7 news updates fresh , up to date news about what all is happening around the world to us .But this renovation did not happen overnight, the credit of bringing up news channels goes to Rupert Murdoch from Star television network and Dr.Prannoy Roy from NDTV limited. It was them who collaborated and hence was the first ever independent satellite news channel came to small screen and it was known as Star news. And thus started the Television news industry in India and after the birth of news channel like other industry even in this competitions started ,day by day the number of news channels are increasing in all languages and even the audience are looking forward for a better one everyday. The development in the news media created a different scenario and it is when the News anchors became the new celebrities in India. With Citizen journalism, live outdoor broadcast vans fitted with the latest technology, talk shows and discussions , analyses and reports, there seems to be no end to the goodies for a nation of viewers who until very recently were served only state propaganda as news . (Batabyal, 2012) And after all this development to reach the first position in the news channel category ,the news channels are following all sorts of tactics like sensationalizing all issues, making any news a breaking news, not worth sting operations etc which is not giving the people the true sense of news. News is manufactured by the journalists (Berkowitz, 1997). Making of news is being followed most of the time which the audience actually dont expect from the Television news channels. Our job is to present fact and truth with clarity, dispassion and neutrality, however inconvenient or dismaying much of that information may be (Keeble, 2001) The production of news which strives for neutral, factual information is possibly the most important arena in which television carries out its responsibility to inform as well as to entertain its various audiences. They are required to deliver their news with accuracy and impartiality. They must be reliable and also balancing in covering political issues. With over 40 news channels, almost 100 million television homes and over 200 million viewers weekly, 24 hour news channel are on the upswing. A TAM media research says that television viewership doubling in the past three years , news has emerged as the most sought of genre. While the share of the Hindi news channels has increased by 78%, the English news channels have grown at least four times even as the share of regional news has quadrupled. Tamil News Channels The state of Tamil Nadu has the most unbalanced media in the whole of our country India. To achieve a balance in news an individual should watch minimum 2 news channels say to know about DMK party ,how bad it is and its members one should watch Jaya plus and to know how bad is AIADMAK one should watch the Sun news. As few years back a channel didnt depend on any political patronage or entertainment because for few years politics, entertainment and news all these comfortably was sharing the same bed in the state. Only in the years 40s and 50s During the War of independence period the DMK built its group and they started reading and interpreting the news for the public but later when the cinema became popular the art was mixed with the political propaganda and so Anna and Karunanidhi through their screenplays for cinemas and MGR and Jayalalitha through the screen presence in the cinemas started promoting their propagandas using the cinema as a medium and thus this tradition was followed by them even in the era of television . Sun tv functioned as tool and campus for the DMK party to promote and influence people about their ideologies and now that place is being occupied by Kalaignar Tv and same way Jaya Tv is functioning as a tool to influence the public about the AIADMK party and their ideologies. As this monotony was going on in Tamilnadu ,new channels like Puthiya thalaimurai came to existence and they started breaking the political affiliation of a channel with the political party and concentrated on real issues. And according to the TAM report Puthiya thalaimurai is in first position and the reason for that ironically, has to do with politics. When Jayalalithaa took over the government a year ago, one of the first things she did was to revive a government-owned cable distribution company called Arasu to break the monopoly of Sumangali Cable Vision owned by the Marans. The move had an impact on Sun TVs revenues. A Citi report earlier this year attributed the decline of cable revenues (it was down 45% year on year) to the revival of Arasu. But it also made the entry for a competitor like Puthiya Thalaimurai channel easier. (N.S.Ramnath, 2012) Gnani a popular writer in Tamil says However, its a bit early to say if Puthiya Thalaimurai is having an impact on the way other channels cover news. A single channel cannot change that. You need more competition for that to happen, and that will take time, Various comments and controversies still exist about all the Tamil news channel in Tamilnadu. The details about the existing news channels in Tamilnadu which are popular ssare as follows. Sun news Sun group is one of the largest conglomerate in India and started in the year 1992. It is owned by Kalanidhi Maran who is the Chairman and the Managing Director of the Sun network group which is the most profitable television network in the world. It has 32 power packed television channels in different regional languages of India. And Sun network has a reach of about 95 million households in India. The Sun network channels can be viewed by people all over the world including USA, Canada, Europe, Middle east, Singapore, Malaysia , Sri lanka ,South Africa, Australia and New Zealand. Sun tv also owns a Sun direct DTH ( Direct to home satellite TV service ) which is a largest service provider in India of more than 7.5 million subscribers. Thus Sun network holding 32 top rated channels in India, including the Sun news channel which is solely dedicated only for news telecast, Sun network has got a tremendous reach, frequency and patronage that other groups failed and cant even compete. Sun Group believes in giving you wholesome fare. Be it news or entertainment, we are there first. . With Thirty Two Television Channels in four Indian languages and Forty Five FM Radio Stations, we are able to connect to the Southern Diaspora erasing geographical distances. Millions of people all over the world watch Sun Group channels. (Copyright 2011 Sun Group). Thus Sun tv news channel is also under the Sun network it is also able to connect with people so much as the other channels of Sun network and Sun news channel reaches the audience worldwide and takes the current news and what is happening around to large amount of people. Kalaignar Seithigal Kalaignar tv was started on September 15,2007. Kalaignar tv since when it was started it gave a tough competition to other competitors. In setting benchmarks, Kalaignar tv is in a league of its own. As a trend-setter, Kalaignar tv has started giving the top channels a run for their money. Its tie-up with the creamy layer of the entertainment industry has opened new vistas to the channel not wary of experimenting to strike gold. (Kalaignar Tv website). Kalaignar Tv is owned by Kalaignar Karunanidhi the DMK party leader as he launched the channel after the dispute between Kalanithi Maran and M.K.Azhagiri . They having entertainment , news and currents affairs as their USP, telecasted a bouquet of multi coloured programmes and it was focussing on every individual and their entertainment needs. Kalaignar Seithigal which is a 24/7 news channel in tamil also belong to the Kalaignar tv network .All over the country it has a tie up with top content providers and the news gathering facilitators so that they focus on not doing different things but doing things differently. They have all top news content providers like Reuters, P.T.I and Asian News International and thus resourceful and giving news to the public in a effective. Jaya Plus Jaya tv was founded by J .Jayalalitha the ADMK party leader. Jaya tv is one of the major Tamil language satellite television channels in Chennai. It was started in the month of August 1999.Jaya plus is a 24/7 Tamil news channel solely dedicated to news alone is also a part of Jaya Tv network. Jaya Tv broadcasting is in India , Middle east , Asia, Australia and New Zealand through Dish network channel. Jaya tv. Jaya TV is one of the early Tamil channels to entertain the Tamil audiences spread across Globe. In todays world information is the catch word and the Jaya Television Network has capitalised on the increasing demand for news that is unbiased, timely and accurate. (Copyright 2012 Jaya Network).Thus Jaya Plus is a news channel in Tamilnadu which is also one of the major source of news in Tamilnadu. Puthiya Thalaimurai Puthiya thalaimurai news channel is a recently launched Tamil news channel in Tamilnadu. It is a regional Indian cable Television started in August 2011.It is new Tv channel in Tamilnadu eroding the influence of Sun News, Kalaignar News and Jaya Plus by being unbiased and focussing on real issues .It is a channel which claims to be independent from political party, and with the punch line Unmai Udanuk udan which means truth as it happens. Puthiya thalaimurai has marked history of becoming number one news channel in Tamilnadu within a short period of 60 days from the day it has launched because of its Back to Back to live news telecast. The TAM ratings released by AC Neilson also mentioned that Pyuthiya Thalaimurai is in its number one position and has scored a Gross Rating Point or GRP of 35.94 on Week 44 across Tamil Nadu. Gnani Sankaran, a political commentator, says PT has kept its promise so far. Viewers see it as a credible channel, and they have been turning to it. One of its shows Ayudham Seivom (lets make tools) a phrase from a popular song by Bharathiar is about rural innovations and has turned out to be a huge success. Similarly, Kazham Irangivargal (those who stepped into the battlefield), a programme on entrepreneurs, found a lot of resonance with the audience. Another show, Konjam Soru, Konjam Varalaru (a little bit of food, a little bit of history) is a food programme that also delves deep into history . It has become a hit. (N.S.Ramnath, 2012) Puthiya thalaimurai 24/7 news channel has positioned itself now as Independent channel and also it is the first channel with High Definition in India as such and also it has attracted the audience because of its bright and clear graphics ,crystal clear appearance , and it has also imported latest broadcast equipments from various sources worldwide as all these factors has enhanced Puthiya Thalaimurai news channel and made it reach the 1st position in News channels in Tamilnadu. The channel has also concentrated in the news gathering by sending 3 reporters to cover the cyclone Thane which hit the coastal areas of Tamilnadu and they also hired helicopters and reported about the affected area where they also took some farmers with them on helicopters and even in National issues like Anna Hazares protest was covered by the channel in a effective way. Thus Puthiya thalaimurai channel has created a difference and it is having an impact on the way other channels cover news. Sathiyam Television Sathiyam tv is a part of Sathiyam Media Vision Private Limited. It is also a 24/7 news channel in Tamilnadu. They give full independence and responsibility to their employees to report the facts with truth and transparency. We as a company have passion to reach out to the Tamil speaking population world over with the honest and responsible presentation of news and current affairs that reflects the true spirit of journalism and reported with authenticity, clarity and definitive conviction(Copyright2010 Sathiyam Television). The Moto of Sathyam Tv is Yes as Yes and No as No. Sathiyam Tv aims in giving news in true, integral, understandable and devoid of sensationalism or slander of any kind. They believe in preparing our nation to face the reality of truth and motivate citizens to function based on their individual decisions.

The Truth of Thanksgiving Essay -- American History Thanksgiving Essay

The Truth of Thanksgiving While children are growing up in America, they are told several tales of America’s establishment and history. However, these stories are generally not told as they actually happened. An instance of this is the story of the Pilgrims and the first Thanksgiving. Thanksgiving is explained as this elaborate ceremony where the Pilgrims and Indians gathered in harmony at this large harvest in celebration of their coming together. According to the primary document of William Bradford’s journal, Thanksgiving didn’t pan out quite as it is explained to Americans today. In the film, The Addams Family Values, the Addams children take part in a traditional, yet misconceived celebration of the first Thanksgiving. This film in comparison to Bradford’s testimony proves how Americans view their history as they please; giving America the official Thanksgiving ceremony even if it never actually happened. In the film, Addams’ Family Values, the Addams’ are depicted as an odd American family. They practice magic, dress in all black, worship the dead, etc. In this specific film, the Addams children, Wednesday and Pugsley, are sent to summer camp. The camp is a Native American activity based camp named Camp Chippewa. At camp, Wednesday and all of her friends are considered â€Å"losers†. Wednesday and Pugsley have black hair, wear all black clothes and, along with all their friends, don’t enjoy typical kid activities, such as watching Disney movies and playing with dolls. All the other children are blonde, rich girls, who are considered the â€Å"cool kids†. They are all apples of their parent’s eyes and truly enjoy being at summer camp. The children partake in typical â€Å"Indian† activities such as shooting bow ... ...to Bradford’s, â€Å"Of Plymouth Plantation†. Americans have such a need to be exceptional and different that they are willing to risk their true history for a celebration that comes only once a year. It is important for American children to learn their true history rather than the alternative in order for them to understand the struggles the original founders went through to create the America we have today. Works Cited The Addams’ Family Values. Dir. Barry Sonnenfeld Perf. Angelica Houston, Raul Julia, Christopher Llyod, Joan Cusack, Christina Ricci, Carol Kane, Jimmy Workman. Paramount,1993. Bradford, William. â€Å"Of Plymouth Plantation.† Ed. Nina Baym. The Norton Anthology of American Literature. New York: 2003. 156-195. Newman, Andrew. â€Å"William Bradford, the ‘Pilgrims’, Thanksgiving†. American Literature I. EGL 217. 06 Feb. 2006. (cited as â€Å"Lecture†)

Automobile Industry in Oman

No. 8 24 January 2012 GLOBAL FLOWS OF FOREIGN DIRECT INVESTMENT EXCEEDING PRE-CRISIS LEVELS IN 2011, DESPITE TURMOIL IN THE GLOBAL ECONOMY HIGHLIGHTS Despite turmoil in the global economy, global foreign direct investment (FDI) inflows rose by 17 per cent in 2011, to US$1. 5 trillion, surpassing their pre-crisis average, based on UNCTAD estimates (figure 1). Figure 1. Global FDI flows, average 2005 2007 and 2007 to 2011 (Billions of US dollars) 1 969 1 744 1 480 1 472 1 180 1 290 1 509 740 0 pre-crisis average 2005-2007 2007 2008 2009 2010* 2011** Source: UNCTAD. * Revised. * Preliminary estimates. FDI inflows increased in all major economic groupings developed, developing and transition economies Developing and transition economies continued to account for half of global FDI in 2011 as their inflows reached a new record high, at an estimated US$755 billion, driven mainly by robust greenfield investments. In this group, the 2011 increase in FDI flows was no longer driven by South, Ea st and South-East Asia (which saw an increase of 11 per cent), but rather by Latin America and the Caribbean (increase of 35 per cent) and by transition economies (31 per cent).Africa, the region with the most least developed countries (LDCs), continued its decline in FDI inflows. FDI flows to developed countries also rose by 18 per cent, but the growth was largely due to cross-border merger and acquisitions (M&As), not the much-needed investment in productive assets through greenfield investment projects. Moreover, part of the M&A deals appear to be driven by corporate restructurings and a focus on core activities, especially in Europe. Looking forward, UNCTAD estimates that FDI flows will rise moderately in 2012, to around US$1. trillion. However, the downward quarterly trend in FDI projects over the final quarter of 2011 indicates that the risks and uncertainties for further FDI growth in 2012 remain in place. Global FDI flows rose in 2011, surpassing their pre-crisis level Globa l FDI inflows rose in 2011 by 17 per cent compared with 2010, despite the economic and financial crisis. The rise of FDI was widespread, including all three major groups of economies developed, developing and transition though the reasons for this increase differed across the globe (see below).During 2011, many countries continued to implement policy changes aimed at further liberalizing and facilitating FDI entry and operations, but also introduced new measures regulating FDI (see UNCTAD's Investment Policy Monitor). UNCTAD’s global FDI quarterly index remained steady during 2011, underscoring the increased stability of flows witnessed during the year. Unlike foreign portfolio flows that have dramatically started to decline in the third quarter of 2011, FDI flows maintained their upward trends at least until this period (figure 2).However, as preliminary data from cross-border M and greenfield investment projects suggest, FDI flows are expected to slow down in the fourth qua rter of 2011. Figure 2. UNCTAD’s global FDI quarterly index compared with global foreign portfolio investment index , first quarter 2007 to last quarter 2011 (Base 100: quarterly average of 2005) 350 300 250 200 FDI 150 100 Foreign portfolio investment 50 0 Q1 – 50 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2007 2008 2009 2010 2011 – 100 Source: UNCTAD. Notes: The Global FDI Quarterly Index is based on quarterly data of FDI inflows for 67 countries.The index has been calibrated so that the average of quarterly flows in 2005 is equivalent to 100. The similar index for global foreign portfolio investment is also based on quarterly data of portfolio investment inflows for the same 67 countries. This index has also been calibrated so that the average of quarterly flows in 2005 is equivalent to 100. Figures for the last quarter of 2011 are UNCTAD estimates. After three years of consecutive decline, FDI flows to developed countries grew robustly in 2011, reaching an estimate US$753 billion, 18 per cent up from 2010.While FDI flows to Europe increased by 23 per cent, flows to the United States declined by 8 per cent (annex 1). These trends stand in stark contrast with the previous year, which saw a strong recovery in the United States and a continuing decline in Europe. Large-scale swings (from contraction in 2010 to expansion in 2011 or vice versa) were also observed for a number of major FDI recipients, including Denmark, Germany, Italy, Sweden and the United Kingdom. Ireland witnessed a large increase in FDI flows due entirely to equity and debt movements in the financial sector.The rise in FDI in developed economies, mainly in European countries, was driven by crossborder M which in most cases appear to be driven by corporate restructuring, stabilization and rationalization of their operations, improving their capital usage and reducing the costs. Rising crossborder M in developed countries were partly due to the sale of non-cor e assets (e. g. Carrefour SA of France completed the spin-off of its Distribuidora Internacional de Alimentacion in Spain for US$3. billion), and targeted opportunistic deals due to the lower currency values and fire sales caused by lower prices of stock exchange markets. However, these general trends were not shared equally by all developed countries. For example, FDI in Greece and Germany was down, but up in Italy and France. The differences also manifested themselves among different FDI components (figure 3). In the majority of developed countries, the share of equity investment declined to less than 40 per cent; reinvested earnings accounted for almost half of FDI flows while other capital flows (primarily intra-company loans) increased.In Europe alone, these debt flows swung from -(minus) US$25 billion in the first three quarters of 2010 to +US$36 billion in the same period in 2011, reflecting parent firms’ responses to the financial difficulties faced by their European affiliates. Figure 3. FDI inflows by components for 27 selected developed countries, average 2005–2007 and 2007–2011 (Percentage) 100 80 60 40 20 0 Average 2005-2007 2007 2008 2009 2010 2011 Q1-Q3 Equity flows Reinvested earnings Other capital flows Source: UNCTAD.Notes: Selected developed countries included here: Australia, Austria, Belgium, Bulgaria, Canada, Czech Republic, Denmark, Estonia, Finland, Germany, Hungary, Ireland, Israel, Japan, Latvia, Lithuania, Malta, the Netherlands, New Zealand, Norway, Portugal, Slovakia, Slovenia, Sweden, Switzerland, the United Kingdom and the United States. Data for 2011 cover the first three quarters only. Developing and transition economies continued to absorb half of global FDI inflows in 2011, though with a somewhat smaller share than in the previous year.FDI flows to developing Asia (excluding West Asia) the principal driver of the dynamic rise of developing and transition economies decelerated as the region suffered from t he protracted crisis in Europe. On the other hand, Latin America and the transition economies saw a significant rise in inflows, though not enough to increase the share of all developing countries and transition economies in global flows. FDI flows to developing Asia (excluding West Asia) rose 11 per cent in 2011, despite a slowing down in the latter part of the year.By subregion, East Asia, South-East Asia and South Asia received inflows of around US$209 billion, US$92 billion and US$43 billion, respectively. With a 16 per cent increase, South-East Asia continued to outperform East Asia in growth of FDI, while South Asia saw its inflows rise by one -third after a slide in 2010. The good performance of South-East Asia, which encompasses the Association of Southeast Asian Nations (ASEAN) as a whole, was driven by sharp increases of FDI inflows in a number of countries, including Indonesia, Malaysia and Thailand.FDI to China rose by 8 per cent to an estimated US$124 billion (US$116 bi llion in the non-financial sector) as a result of increasing flows to non-financial services, though FDI growth in the country slowed down in the last two months of 2011. FDI to Latin America and the Caribbean rose an estimated 35 per cent in 2011, to US$216 billion, despite a 31 per cent drop of the region's cross-border M&A sales. Most of the FDI growth occurred in Brazil, Colombia and offshore financial centres.Foreign investors continue to find appeal in South America's endowment of natural resources, and they are increasingly attracted by the region's expanding consumer markets. Particularly attractive are Brazil's market size and its strategic position that brings other emerging markets such as Argentina, Chile, Colombia and Peru within easy reach. In addition, uncertainty in the global financial market served to boost flows to the region's offshore financial centres. The fall in FDI flows to Africa in 2009 and 2010 continued into 2011, though at a much slower rate.The recover y in flows to South Africa did not offset the significant fall in FDI flows to North Africa: Egypt, Libya and Tunisia all witnessed sharp declines in FDI flows during the year. Central and East Africa experienced overall decreases in inward investment flows. West and Southern Africa, meanwhile, saw robust growth during the year. West Asia witnessed a 13 per cent decline in FDI flows to an estimated US$50 billion in 2011. Turkey stood out as an exception, with inward FDI registering a strong 45 per cent increase to US$13 billion, mainly due to a sharp rise in cross-border M&As sales.This consolidated the country's position as the region's second largest FDI recipient behind Saudi Arabia, where FDI dropped by 44 per cent, to an estimated US$16 billion in 2011. Transition economies of South-East Europe and the Commonwealth of Independent States (CIS) experienced a strong recovery of 31 per cent in their FDI inflows in 2011. This was mainly due to a number of large cross-border deals in the Russian Federation targeting the energy industry. Investors were also motivated by the continued growth of local consumer markets and by a new round of privatizations.Diverging trends in FDI modes accentuated in 2011 Cross-border M&As rose sharply in 2011 – especially mid-year – as deals announced in late 2010 came to fruition (figure 4). Rising M&A activity, especially in the form of megadeals, in developed countries and transition economies served as the major driver for this increase. The extractive industry was targeted by a number of important deals in both regions, while a sharp rise in pharmaceutical M&As took place in developed countries. M&As in developing economies fell slightly in value.New deal activity began to falter in the middle part of the year as the number of announcements tumbled dramatically. Completed deals, which follow announcements roughly by half a year, also started to slow down by year’s end. Figure 4. Value of cross-border M&A s ales and greenfield investment projects, First quarter 2007 to last quarter 2011 (Billions of dollars) 500 450 400 350 $ billion 300 250 200 150 100 50 0 Q1 Q2 Q3 2007 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2008 M&A value Q3 Q4 Q1 Q2 Q3 Q4 Q1 2010 Q2 Q3 Q4 2011 2009 Greenfield value Source: UNCTAD.Note: Data for the last quarter of 2011 are preliminary. Greenfield investment projects, in contrast, declined in value terms for the third straight year, despite a strong performance in the first quarter (figure 4). As these projects are registered on an announcement basis, their performance largely coincides with investor sentiment during a given period. Thus, their tumble in value terms beginning in the second quarter of the year was strongly linked with rising concerns about the direction of the global economy and events in Europe.For the year as a whole, the value of greenfield investment projects dropped 3 per cent, compared with the previous year, with nearly three quarters of this decline occurring in developed countries. Greenfield investment projects in developing and transition economies rose slightly in 2011, accounting for about two thirds of the total value of greenfield investment projects (annex 1). FDI prospects for 2012: cautiously optimistic Based on the current prospects of underlying factors, such as GDP growth and cash holdings by transnational corporations (TNCs), UNCTAD estimates that FDI flows will rise moderately in 2012, to around US$1. trillion. However, the fragility of the world economy, with growth tempered by the debt crisis, the uncertainties surrounding the future of the euro and rising financial market turbulence, will have an impact on FDI flows in 2012. Both cross-border M&As and greenfield investments slipped in the last quarter of 2011. M&A announcements continue to be weak, suggesting that equity investment part of FDI flows will slow down in 2012, especially in developed countries. All these factors indicate that the risks and uncertainties for further FDI growth in 2012 remain in place.Annex 1. FDI inflows, cross-border M&As, and greenfield investment by region and major economy, 2010–2011 (Billions of US dollars) a Host region / economy 2010 World 1 289. 7 Developed economies 635. 6 Europe 346. 8 European Union 314. 1 Austria 3. 8 Belgium 72. 0 Czech Republic 6. 8 Denmark – 1. 8 Finland 6. 9 France 33. 9 Germany 46. 1 Greece 0. 4 Ireland 26. 3 Italy 9. 2 Luxembourg 20. 3 Netherlands – 13. 5 Poland 9. 7 Portugal 1. 5 Spain 24. 5 Sweden – 1. 2 United Kingdom 51. 8 United States 228. 2 Japan – 1. 3 Developing economies 583. 9 54. Africa Egypt 6. 4 Nigeria 6. 1 South Africa 1. 2 Latin America and the Caribbean 160. 8 Argentina 7. 0 Brazil 48. 4 Chile 15. 1 Colombia 6. 8 Mexico 19. 6 Peru 7. 3 368. 4 Asia and Oceania West Asia 58. 2 Turkey 9. 1 South, East and South-East Asia 308. 7 China 114. 7 Hong Kong, China 68. 9 India 24. 6 Indonesia 13. 3 Malaysia 9. 1 Singapore 38. 6 Thailand 5. 8 S outh-East Europe and CIS 70. 2 Russian Federation 41. 2 Source : UNCTAD. a b FDI inflows b 2011 Growth rate (%) 1 508. 6 17. 0 753. 2 18. 5 425. 7 22. 8 414. 4 31. 9 17. 9 366. 3 41. 1 -42. 5. 0 -25. 9 17. 8 .. 0. 5 -92. 2 40. 0 18. 1 32. 3 -30. 0 – 0. 8 .. 53. 0 101. 3 33. 1 261. 0 27. 2 33. 8 – 5. 3 .. 14. 2 46. 7 4. 4 203. 3 25. 0 1. 9 22. 0 .. 77. 1 49. 0 210. 7 -7. 7 – 1. 3 .. 663. 7 13. 7 54. 4 -0. 7 0. 5 -92. 2 6. 8 12. 0 4. 5 269. 2 216. 4 6. 3 65. 5 17. 6 14. 4 17. 9 7. 9 392. 9 50. 4 13. 2 343. 7 124. 0 78. 4 34. 0 19. 7 11. 6 41. 0 7. 7 91. 7 50. 8 34. 6 -10. 0 35. 3 16. 4 113. 4 -8. 8 7. 4 6. 7 -13. 4 45. 1 11. 4 8. 1 13. 8 37. 9 48. 2 27. 6 6. 1 33. 1 30. 6 23. 4 Net cross-border M&As 2010 2011 Growth rate (%) 338. 8 507. 49. 7 251. 7 396. 3 57. 4 123. 4 191. 2 55. 0 113. 5 162. 8 43. 3 0. 4 6. 9 1 505. 6 9. 4 3. 9 – 58. 3 – 0. 5 0. 7 – 258. 4 1. 4 7. 7 431. 4 0. 3 1. 0 200. 6 3. 8 23. 6 524. 6 10. 9 12. 8 17. 2 – 1. 2 1. 2 – 201. 7 2. 1 2. 2 2. 5 6. 8 13. 4 98. 8 2. 1 9. 4 350. 9 4. 0 9. 4 134. 9 1. 0 10. 1 868. 3 2. 2 0. 9 – 58. 8 8. 7 17. 3 99. 1 1. 4 4. 4 203. 2 58. 3 34. 9 – 40. 1 80. 3 129. 7 61. 6 6. 7 5. 1 – 23. 9 82. 8 78. 8 – 4. 8 7. 6 6. 3 – 17. 1 0. 2 0. 6 198. 9 0. 3 0. 5 82. 2 3. 9 4. 4 10. 6 29. 5 3. 5 8. 9 1. 6 – 1. 6 8. 0 0. 7 45. 7 4. 6 2. 1 32. 1 6. 12. 0 5. 5 1. 7 3. 4 4. 6 0. 5 4. 3 2. 9 20. 3 – 0. 2 15. 1 0. 6 – 0. 9 1. 2 0. 5 52. 3 9. 5 7. 2 42. 7 9. 0 1. 0 12. 5 6. 5 4. 5 4. 5 0. 6 32. 2 29. 0 – 31. 3 – 107. 1 70. 5 – 65. 0 – 44. 5 – 84. 6 – 28. 8 14. 3 105. 8 251. 9 33. 2 50. 8 – 91. 5 125. 2 287. 8 31. 3 – 2. 1 24. 7 644. 5 895. 9 c Greenfield investments 2010 2011 Growth rate (%) 807. 0 780. 4 – 3. 3 263. 5 229. 9 – 12. 7 148. 9 145. 2 – 2. 5 143. 1 142. 2 – 0. 7 1. 9 3. 7 94. 6 4. 6 2. 8 – 39. 3 5. 5 4. 2 – 23. 7 0. 3 0. 5 53. 1 1. 5 1. 6 7. 0 8. 5 7. 3 – 13. 8 13. 7 13. 6 – 1. 2 1. 2. 0 95. 8 4. 4 5. 9 32. 6 10. 1 4. 8 – 52. 2 0. 4 0. 2 – 43. 4 9. 8 4. 3 – 55. 8 10. 0 9. 1 – 8. 9 2. 6 1. 0 – 61. 7 14. 8 9. 1 – 38. 6 1. 8 2. 3 27. 1 23. 6 31. 1 32. 2 57. 1 51. 3 – 10. 2 4. 5 4. 2 – 8. 0 491. 6 498. 1 1. 3 84. 1 76. 6 – 8. 9 13. 8 6. 1 – 55. 7 12. 5 4. 0 – 67. 7 5. 9 9. 1 55. 0 118. 2 7. 1 43. 2 8. 1 8. 8 14. 5 11. 6 289. 3 52. 0 9. 1 236. 2 84. 6 5. 0 45. 4 11. 7 12. 8 13. 6 7. 7 51. 8 33. 4 126. 9 11. 6 59. 7 11. 6 7. 7 15. 8 3. 8 294. 7 60. 2 6. 6 231. 4 81. 9 3. 9 51. 5 22. 2 10. 7 16. 6 3. 1 52. 3 19. 5 7. 3 62. 8 38. 2 43. – 12. 9 9. 1 – 67. 0 1. 8 15. 7 – 27. 9 – 2. 1 – 3. 2 – 21. 4 13. 6 90. 7 – 15. 7 22. 3 – 59. 7 0. 9 – 41. 4 Revised. Preliminary estimates by UNCTAD. c Net cross-border M&As are sales of companies in the host econom y to foreign TNCs excluding sales of foreign affiliates in the host economy. Note: World FDI inflows are projected on the basis of 153 economies for which data are available for part of 2011 or full year estimate, as of 19 January 2012. Data are estimated by annualizing their available data, in most cases the first three quarters of 2011.The proportion of inflows to these economies in total inflows to their respective region or subregion in 2010 is used to extrapolate the 2011 regional data. Annex 2. Cross-border M&A deals with a value of over US$3 billion in 2011 Value (US$ million) 25 056 7 057 6 041 5 629 4 948 4 800 4 750 4 546 3 895 3 832 3 800 3 800 3 549 Acquired company Industry of the acquired company Host economy Ultimate acquiring company Ultimate acquiring nation France Australia Australia Spain Norway United States Australia Germany Switzerland Spain United States United States United StatesGDF Suez Energy AXA Asia Pacific Holdings Ltd AXA Asia Pacific Holdings Ltd Bank Zachodni WBK SA Vale SA AIG Star Life Insurance Co Ltd Chesapeake Energy Corp. Porsche Holding GmbH Baldor Electric Co Turkiye Garanti Bankasi AS Universal Studios Holding III Corp OAO â€Å"Vimm-Bill'-Dann Produkty Pitaniya† EMI Group PLCFirst quarter Natural gas transmission Belgium Life insurance Australia Life insurance Australia Banks Poland Iron ores Brazil Life insurance Japan Crude petroleum and natural United States gas Automobiles and other motor Austria vehicles Motors and generators United States Banks Turkey Television broadcasting United States stations Fluid milk Russian Federation GDF Suez SA AMP Ltd AMP Ltd Banco Santander SA Norsk Hydro ASA Prudential Financial Inc BHP Billiton Ltd Porsche Automobil Holding SE ABB Ltd BBVA GE PepsiCo Inc CitiGroup IncServices allied to motion United Kingdom picture production Second quarter Telephone communications, except radiotelephone Biological products, except diagnostic substances Land subdividers and developers, exce pt cemeteries Offices of bank holding companies Copper ores Drilling oil and gas wells Food preparations Electric services Personal credit institutions Radiotelephone communications Italy United States United States United States Australia United States Denmark United Kingdom United States Brazil Brazil Canada Russian Federation Australia United States United States United States Sweden United States BrazilWeather Investments Srl 22 382 21 230 Genzyme Corp Centro Properties Group 9 400 7 800 7 359 7 306 7 206 6 505 6 300 5 524 4 925 4 356 4 000 3 908 3 842 3 560 3 500 3 400 3 117 3 070 Morgan Stanley Equinox Minerals Ltd Pride International Inc Danisco A/S Central Networks PLC Chrysler Financial Corp Vivo Participacoes SA VimpelCom Ltd Sanofi-Aventis SA Blackstone Group LP Mitsubishi UFJ Finl Grp Inc Barrick Gold Corp Ensco PLC DuPont PPL Corp Toronto-Dominion BankTelefonica SA Cosan Ltd Cliffs Natural Resources Inc Total SA Rio Tinto PLC Unilever PLC Grifols SA Investor Group Inves tor Group Ventas Inc Sinochem Group Takeda Pharmaceutical Co Ltd BHP Billiton Ltd BP PLC Polyus Zoloto IPIC Rolls-Royce Group plc Solvay SA Bank of Montreal Investor Group Thermo Fisher Scientific Inc GE Shareholders Investor Group SABMiller PLC Microsoft Corp Metelem Holding Ltd Teva Pharmaceutical Industries Polymetal International Plc Mitsubishi Corp Chiron Holdings Inc Peabody Energy Corp Volcan Investments Ltd Liberty Global Inc UCL Holding BV Hutchison Whampoa Ltd Grupo Sura China Investment Corp Level 3 Communications Inc Netherlands France United States Japan Canada United Kingdom United States United States Canada Spain Brazil United States France United Kingdom United Kingdom Spain Singapore United States United States ChinaShell International Petroleum Co Industrial organic chemicals Ltd Consolidated Thompson Iron Iron ores Mines Ltd Crude petroleum and natural OAO â€Å"Novatek† gas Bituminous coal and lignite Riversdale Mining Ltd surface mining Perfumes, cosmeti cs, and Alberto-Culver Co other toilet preparations Talecris Biotherapeutics Pharmaceutical preparations Holdings Corp Frac Tech Holdings LLC Oil and gas field services Securitas Direct AB Security systems services Atria Senior Living Group Inc. Peregrino Project,Campos Basin Nycomed International Management GmbH Petrohawk Energy Corp Reliance Industries Ltd OAO â€Å"Polyus Zoloto† Cia Espanola de Petroleos SA {CEPSA} Tognum AG Rhodia SA Marshall & Ilsley Corp.Parmalat SpA Phadia AB Converteam Group SAS Distribuidora Internacional de Alimentacion SA{Dia} SPIE SA Foster's Group Ltd Skype Global Sarl Polkomtel SA Cephalon Inc OAO â€Å"Polimetall† Anglo American Sur SA Kinetic Concepts Inc Macarthur Coal Ltd Cairn India Ltd Musketeer GmbH OAO â€Å"Pervaya Gruzovaya Kompaniya† Northumbrian Water Group PLC ING Groep NV GDF Suez SA Global Crossing Ltd Skilled nursing care facilities Crude petroleum and natural gas Third quarter Pharmaceutical preparations Crude pet roleum and natural gas Crude petroleum and natural gas Gold ores Crude petroleum and natural gas Internal combustion engines Manmade organic fibers, except cellulosic National commercial banks Fluid milk Surgical and edical instruments and apparatus Motors and generators Grocery stores 13 683 11 776 9 000 6 256 4 964 4 723 4 640 4 095 3 599 3 540 3 200 3 140 3 033 10 793 8 500 6 611 6 311 5 499 5 390 5 139 4 949 4 542 4 495 4 223 3 837 3 614 3 259 Switzerland United States India Russian Federation Spain Germany France United States Italy Sweden France Spain Japan Australia United Kingdom Russian Federation United Arab Emirates United Kingdom Belgium Canada France United States United States France United States United Kingdom United States Cyprus Israel Jersey Japan United Kingdom United States United Kingdom United States Netherlands Hong Kong, China Colombia China United StatesEngineering services France Fourth quarter Malt beverages Australia Prepackaged Software Luxembourg Radio telephone Poland communications Pharmaceutical preparations Gold ores Copper ores Surgical and medical instruments and apparatus Coal mining services Crude petroleum and natural gas Cable and other pay television services United States Russian Federation Chile United States Australia India Germany Railroads, line-haul operating Russian Federation Water supply Insurance agents, brokers, and service Electric services Telephone communications, except radiotelephone United Kingdom Mexico France Bermuda 3 017 Source: UNCTAD. The next issue of UNCTAD’s Global Investment Trends Monitor will be released in mid-April 2012. The next issue of UNCTAD's Investment Policy Monitor will be released in the first week of February 2012.