Wednesday, July 31, 2019

An Insight into Michael Collin’s Life

In 1916 during the Easter Rising his role was relatively low key, but y 1922 he ultimately gave his life in the Civil War for what he believed in. Michael Collins took part in the Easter Rising in Dublin. He fought alongside others in the General Post Office, and he was singled out as the most active and efficient officer in the place' by Despond Fitzgerald, who had been put in charge of the General Post Office canteen. L This would suggest that Collins always had leadership qualities and a passion for Ireland's Freedom, which would play such an important part in later events such as the treaty negotiations of 1922.It would also imply that he had an important part In the Rising. However, Collins only played a relatively low key part, which was shown because he wasn't one of the people who were court-martingale. This factual evidence contradicts the source, which shows even though this source is from a witness of the Rising and would have seen first-hand Collins' part, it automaticall y has a low weight of argument because it's provenance. The source is from one of his close associates who were on the same side as Collins in the Rising and therefore it will be in Collins favor towards his significance in the Rising.Also, Despond Fitzgerald isn't the right person to edge his part in the rising because he was in charge of the Canteen, so only really saw Collins during meal times, which isn't when he would be making decisions or under pressure from the British forces closing in. Despond Ryan, however, fought alongside Collins in the General post Office, paints the image of Collins very different to Fitzgerald. He said that Collins ‘sat in a corner, a look of horror in his eyes, a pallor spreading across his face†¦ Straining his control to breaking point'2 this suggests that he wasn't efficient or significant and broke under the pressure of the Rising.Therefore, this indicates the Rising could have happened without Michael Collins. Both these sources were dated to 1 916 which makes the source reliable because it's gives a good indication of the feelings towards Michael Collins at the time of the General Post Office takeover. However, Despond Ryan was Parse's literary executor, and as Pears was executed after the rising for being one of its leaders, Ryan resented Collins for receiving limelight from the Rising, and not being executed like his close associate. Consequently, he is likely to describe Collins in a critical and negative light.The aftermath of the Rising resulted in Collins being sent to Foregone and whilst there he was one of the organizers of a program of protest and non- cooperation with authorities. He saw it as an opportunity to improve his guerrilla tactics and spread revolutionary gospel until it was emptied in December 1916. During his time in Foregone Collins made sure that the other refugees did NT give information about themselves up, as he knew that it was possible to beat them by wearing them down. He wrote to a friend ‘For a time they'll raise war – in the end they'll despair† 3.Collins knew the British would ire of trying to get information, and he saw it as an opportunity for networking with physical-force republicans from all over the country and improving his guerrilla tactics. The provenance of this source is from a letter. Collins wrote to a friend while in Foregone, so it gives a clear insight into his intentions which makes this source accurate. However, because it is from himself he may think he is making more of an impact than he actually is. Yet, this is unlikely because they all got released quickly from the camp which would back up this letter and give it a good weight of argument.The canteen staff in Foregone described Collins as ‘highly respected' and when they took problems to him he ‘always listened logically. This helps us understand Michael Collins' short term significance because he learnt from the military blunders made; such as the sei zure of indefensible and very vulnerable positions like SST Stephens Greene and filled the vacuum made by the executions of the leaders of the Rising. Likewise, Foregone would have been different without Collins as the internees wouldn't have been able to hold out and the Irish wouldn't have developed such a fighting force.It's a useful source because they were employed to work in the Foregone canteens so they are indifferent to Collins, which gives this source a high weight of argument which can be generalized to how others must have seen him who weren't closely involved with him. Then again, as it is written so long after, it can be doubted On the contrary, the source was wrote over half a century later, so it's questionable how far someone can precisely remember what the canteen staff thought about Collins. Michael Collins had many responsibilities after leaving Foregone.He was appointed Finance Minister and is described as ‘the unlikely Finance Minister who proved himself an administrator par excellence. ‘6 Collins produced a Finance Ministry that was able to organize a large bond issue in the form of a â€Å"National Loan† to fund the new Irish Republic which was placed in bank accounts of the trustees. This proves how exceptionally significant he was and what a great asset to Ireland he was. The British declared the finances Collins acquired as illegal but Collins carried the money through successfully even though he held down four major positions.The other three being Adjutant- General, Director Of Intelligence and the Director Of Organization. ) FINANCE MINSTER SOURCE He also organized jail breaks because ‘he would obtain information from a wide variety of people' (Lick O'Connor). Lick O'Connor was he is a well- known intellectual figure in contemporary Irish affairs who was born after the death of Michael Collins which makes him a secondary source, his great- grandfather was Matt Harris, Land Leaguer, Fabian, and Irish Parliam entary party Member of Parliament, which means he grew up being surrounded by animal views to Michael Collins and be more likely to support him.Also without Collins, the finance effort would have been a lot weaker and there would have been less information known by Ireland to aid themselves in jail breaks ACT. Collins was a man of ‘charismatic nature' and his ‘reputation for decisiveness' made people want to seek his assistance and advice, which meant he was significant in the sense that he had leadership qualities which helped the Sin Feint, for example in elections.This was said by Winston Churchill which gives it a high weight of argument because he was an enemy f Collins so if he was complimenting Collins then it is more valid as information as he is likely to oppose him. In the Anglo- Irish war, Michael Collins played the most important role in this struggle. As director of intelligence of the AIR he crippled the British intelligence system in Ireland and replaced i t with an effective Irish network. At the same time he performed his other responsibilities.He was significant because he maximized efficiency of and minimized losses which made Ireland able to withstand the larger British forces. For example ‘ the British made desirously high estimates of their enemy' because of Collins tactics they thought that Ireland had a lot more man power than they really had, also, republican victories had widespread support from the Irish, including every level of society, and reaching deep into the British administration in Ireland.Without Collins the Irish Revolution would have been less effective without his skill in guerrilla warfare. The British government perceived him as a murdering criminal mastermind and thought about placing ‘E 10,000' on his head if he was ‘dead or alive. This was discussed with Winston Churchill but ejected making Collins both Britain's most wanted man and a Hero to Ireland. It seemed to be futile because he wa s anonymous to the British authorities and Collins used this to his advantage to unease his enemies, which would suggest why the price would have been so high.Mark Sutures wrote ‘l wonder how it is that the archbishop sees Collins apparently without difficulty and our intelligence fails' These sources all give a good insight into how exasperated the British became with the notorious Michael Collins, and even though they desperately tried to capture him, they just couldn't. These al are primary sources with a high weight of argument because they were on the opposing side Of the Anglo- Irish war so they wouldn't want to outline their failures to capture him, and/or compliment him in the process.ANALYSIS When the war ended Collins was sent to go to the treaty negotiations. He went out of loyalty to De Valier, even though he was opposed to being sent to London as part of the Treaty delegation. ‘To me the task is a loathsome one. ‘8 This source gives a good insight into how Collins felt at the time. Also Collins negotiation skills and political knowledge was small compared to De Baler's ND it meant giving up his shrouded identity.Nevertheless, David Lloyd George said that Collins ‘did not have De Baler's slippery political cunning' but he didn't doubt he was ‘the head and front of the movement;9 this source is important and has a high weight of argument because someone opposing him recognized his significance. Lloyd George was very unfavorable of Collins at this time as he was the British prime minister. But then again, why would the British want to negotiate with Collins? They thought he was a murderer, so they must have realized he would be more impartial than De Valier in negotiations.When, Collins signed the treaty saying ‘I may have signed my own death warrant' because he knew that many people wouldn't agree with it but he did it for the long run good of Ireland. Britain wasn't willing to give a better deal than that and he signed it under treat of ‘immediate and terrible war' if it wasn't signed. This shows the British had the dominant position at the time of the signing, which suggests it could have been forced. However, he had still achieved a lot because Ireland got half of her freedom back with is half more than she already had, and he was repaper to sacrifice himself for it.

Ethnicity and Culture in Disease Prevention Essay

Importance of addressing race, ethnicity, and culture when developing programs for prevention of disease Name: Subject: Instructor: Date: The campaigns against diseases have a number of times botched as a result of non-recognition of environmental, biological and behavioral factors as major determinants as of individual health. In public health, the three terms (ethnicity, race and culture) are often used interchangeably. The implementation of disease prevention programs in a community requires full knowledge of the health status of its members. With this regard, racial and ethnical categories often define populations in a manner that is meaningful to their health status (Nnakwe, 2009, p. 337). The concept of race, ethnicity and culture plays a significant role in understand human behavior. Thus it is rational to incorporate the aspect of race, culture and ethnicity a when designing disease prevention programs in communities. For instance, designing a disease prevention program require the use of social ecological framework. The framework focuses on interactions between an individual’s physical, cultural and social setting and thus it may be the only necessary move in a fight against disease in an ethnic group. In this case, the knowledge about a disease should not only be transferred but also needs to be cultivated thought peer support, supportive social norms and cultural values. Consider a case where the government decides to put up a facility for provision of free condoms at the core of a very conservative community as part of a program for prevention of HIV/Aids. Will such a program receive support from the community? Of course not as this will be taken as a violation of the community’s cultural values since it may lead to moral decay among its members. Therefore cultural values of a community must be addressed and prevention programs should be aligned with those values. Health care providers need to train on cultural competency in order to understand barriers and influence of culture and society on health behaviors as well as the use of behavior change tools that are culturally sensitive. Ethnicity /race may also affect, directly or indirectly, the success of a disease prevention program in a community, e. . cultural beliefs about HV/Aids (Edelman & Mandle 2005, p. 48). For example the risk of obesity starts at a person’s prenatal period. Race/ethnicity may therefore affect the prevention of obesity since it influence the timing of pregnancy, number of pregnancies together with intervals between pregnancies. In conclusion, the public health approach towards prevention of disease mus t into consideration culture, race and ethnicity within a social ecological framework as an effort towards sustaining a disease free society.

Tuesday, July 30, 2019

MCI case study

June 1972, MIMIC began construction of Its telecommunications network. Funding: MN shares (common stock) @SO, In total after commission $27. 1 MN; Summon of credit from banks; $6. Man from private investors; MIMIC still rely on AT&T facilities to carry calls from its subscribers to MIMIC transmission centers in each metropolitan area. PAYOFF, MIMIC revenue $6. MN, losses of $38. 7 MN. MIMIC has exhausted its credit from its banks. MIMIC sold shares for $8. MN. 1976, ‘exeunt' service. And revenue started roaring. 1976 revenue, 28. N, first profit $100,000; 1977, 62. MN; Between 1976-1978, lease financing of new fixed Investment was the only substantial source of funds available. 1978, withdrawal of the court's ‘exeunt' DCE. 1978, public market to issue convertible preferred stocks. Preferred offerings allowed MIMIC to retire its short to intermediate term bank debt and to issue further debt of a longer term kind. 1980, MIMIC provided ‘executions residential customers . Strong growth but constrained only by a lack of investment capital. July, 1980. Leasing actuality decreased.FYI 981 , demand for investment fund Intensified. Offer convertible bonds. Jan. 1982: Antitrust settlement between AT&T and LIST. Department of Justice. AT&T will need to break up before 1984. Economics of scale and scope are important; basic call service and value added services. Increase In access charge after the AT&T antitrust settlement 1 . What are the business problems facing MIMIC? After the settlement of antitrust case of AT&T, the differential In access charges will be phased out through charging MIMIC 80% more and this In turn Increased Mi's operation expense.MIMIC could lose its cost advantage to the competitors and lead to decreasing sales and profits. AT might also reduce its price to prevent its erosion in market share. AT communications was the main competitor. MIMIC need dial 20 digits ATT dial 11 digits. 2. How do these business problems translate Into fina ncing problems? More we can see the graph, we saw a sharp rise in both external financing and internal financing, with external financing even a bit higher than internal financing. 3. To what extent can traditional financing strategies work for MIMIC?It is getting more expensive for MIMIC to acquire further funding through issuing debts and MIMIC will become more risky if take on further debts; If MIMIC simply issue equity, public might read this move as the stock has been overpriced and now the firm is trying to push down the price. Thus, the share price of the firm might go down. 4. Based on projected financial statements in the case – income statements, balance sheets, and projected capital expenditures calculate Mi's projected needs for external financing during the years 1984 through 1988 inclusive, for each year.Analyses the consequences of alternative financing policies of MIMIC during these years – as sequences, such as first debt, then equity, then debt again as needed –on the projected financial condition of MIMIC in the (fiscal) year 1990, in terms of measures such as debt to equity ratios and interest coverage ratios. 5. Suppose that for its initial financing â€Å"trance† of $1 Billion by the end of 1984, MIMIC decides to choose NOW between a Straight Debt issue of 20 year maturity with an interest rate of 12. 5%, with no sinking funds (early repayments), versus a ConvertibleDebt issue of the same size, of notional maturity 20 years with an interest/Coupon rate of 7. 75%, and a conversion price of $ 55 per share. Assume further that IF the conversion option is not exercised within the following 5 years then it would expire (unlike in the case), and this would continue as (cheap) debt. Which of these two debt issues should MIMIC choose in March 1983, to maximize shareholder value? Assume that annual standard deviation of returns on Mi's equity value are either 20% or 30% and that the interest rate on (safe) MIMIC debt eq uals 12. 5%.

Monday, July 29, 2019

The Commodification of Human Organs Essay Example | Topics and Well Written Essays - 3250 words

The Commodification of Human Organs - Essay Example In short, these programmes have failed to make more organs available for transplantation. They are just unable to meet the requirements of the patients' needs for donated organs. On the face of this dearth of available organs that could have saved or qualitatively enhanced suffering human life, a more sympathetic attitude has long been entertained to create proposals for alternative procurement of organs. This includes provision of compensation to the organ donors. However, this has become an open secret in practice since there is an ongoing debate about the ethical pros and cons of this phenomenon and there are rigorous ethical norms exercised by the authority in this matter. The healthcare professionals who are involved in this area are actually in a dilemma, following ethics strictly leads almost to no practice, and hiding the truth is unethical. This work deals with this dilemma, and tries to critically examine this issue from this author's perspective. In the latter half of the 20th century, the possibility of transplanting organs became real. New advances in immunology and understanding of the mechanism of organ transplantation lead to development of new technologies for transplantation and support for the transplanted organ that, otherwise, would have been rejected by the recipient. Meanwhile, the medical profession accepted the concept of brain death that indicated a point at which death of an individual might officially be declared. Since organ transplantation has become feasible, many ethical issues and questions have arisen. The most important of them was the propriety of arbitrarily redefining death so as to make organ retrieval more easily possible. Gradually, as the science and technique advanced, more and more questions grounded on ethics started coming up. The history also indicates a future (Baker LR., 2000). The rate science is advancing, in the near future, the dream of growing organs from stem cells may materialize. In that case, naturally, the ethical issues encircling transplanting organs from newly dead or from living donors may become irrelevant. Regrettably, this is not the case at present. Ethical rigorousness in preventing financial exchanges around an available organ may, therefore, lead to a situation where some critically ill patients in need of an organ transplant would meet certain, agonizing, and perhaps unnecessary death (Dworkin R., 1993). At this point in time, some of the earlier ethical objections and quandaries, such as, whether organ or tissue donation is ethically permissible in the first place or whether selections made by groups of people were legitimate option, have become irrelevant largely, either because finding, advancement in science, or public consensus has resolved them. Despite this, some very critical ones remain still. These are not around the substantive question of the probity of transplantation in the first place. Ethics have accepted the legitimacy of transplantation very much, and now the probe is on the issues of allocation. In fact, among the most important of the issues that is to be dealt with in relation to the ethics of organ transplantation are the questions dealing with the mode, process, or rules of organ allocation, not to individual patients per se but allocation to centres which in turn allocate to individuals (English, V. and Sommerville, A., 2003). Death

Sunday, July 28, 2019

Corporate financial management Essay Example | Topics and Well Written Essays - 2500 words

Corporate financial management - Essay Example Investors are attracted to invest in a stock depending on the company’s dividend policy, which is defined as â€Å"the proportion of after tax earnings paid out in cash to the shareholders by a company† (lecture notes). Several theories have been formulated that seek to explain how investors are affected by dividends and the value of their equity holdings. From the point of view of the investor, unnecessary risk may be averted if it became possible to forecast the future price directions of stocks. This is the rationale behind dividend theory, that supposedly dividends have informative content that convey to investors the value of the company, and would tend to influence investor attitude towards the stock. The traditional view stated that use of debt lowers the cost of capital. With a lower cost of capital as discount rate, assuming the cash flows unchanged, then the value of the firm becomes higher. However, the problem with the traditional view is that it ignores the increased risk of gearing to equity holders, thereby increasing cost of equity (lecture notes). According to Modigliani and Miller’s trade-off theory, firms should favour the use of debt. M&M theory showed that the higher the debt capital used by the firm, the higher the value of the firm, even to the point of maximizing value at 100% debt. M&M, however, states that capital structure or gearing (the amount of debt) does not affect the weighted average cost of capital, and therefore the value of the firm. The M&M theory assumes, however, very restrictive and unrealistic assumptions, ignoring entirely the cost of debt default and bankruptcy. Allowing for cost of bankruptcy, a point is reached where the benefit of the tax deductibility of interest on the debt is offset by increase in the costs of debt and of equity as a result of the risk due to high leverage (USF, 2010). Miller and Modigliani (1961) theorized that in a perfect market, a firm’s investors

Saturday, July 27, 2019

How the media influeces society Research Paper Example | Topics and Well Written Essays - 1500 words

How the media influeces society - Research Paper Example A possible way that can directly measure how exactly the media affect people is through an unethical experiment where the person is exposed to only media and not other sources of possible influence, such as family, religion, education, and other institutions. Despite constraints on determining causal relationships between mass media and social effects, several empirical attempts have been made to understand how media can influence society. Mass media affects society through providing a model for learning behaviors, setting agenda that can affect people’s prioritization of and response to social issues, and framing information that can impact how people understand and react to events and schemas. Mass media influences society by offering models for learning behaviors. Albert Bandura’s Social Learning Theory can help explain how mass media shapes behaviors. Social Learning Theory states that people learn attitudes and behaviors by â€Å"observing and modeling† othe rs (â€Å"Social Learning Theory†). Learning is not the same as imitating because learning means that people are not only imitating something, but has absorbed the underlying knowledge and/or skills, as well as values and norms (when present). Mass media can then have positive or negative effects on people by shaping their attitudes and/or behaviors through the social modeling mechanism of learning. One of the most studied and controversial mass media effects is violence, specifically youth violence. Craig Anderson and colleagues surveyed a wide literature of media effects on violence. They stress that, based on their findings, numerous studies with different sampling, methods, and media genres prove that violence in mass media can increase the possibility of aggressive behaviors for the youth in the short-run and/or long run through different ways. Craig et al. state that observational learning can result to children learning â€Å"aggressive attitudes and behaviors† from mass media, such as â€Å"television and video games† (94). The studies of Bjorkqvist in 1985 on 5 to 6-year olds Finnish kids and Josephson in 1987 on 7 to 9-year old boys provide some evidence that, for their cross-sectional studies with control groups, those who â€Å"watched violent films† acted more violently against other children afterwards than those who did not watch violent films (qtd. in Craig et al. 85). Mass media can be argued as affecting these children by providing negative models of violent behaviors, which affected their actions too, at least in the short run. A longitudinal study from Eron et al. show that boys who watched violent TV shows since the age of 8 showed â€Å"more violent attitudes† later on in life (qtd. in Craig et al. 87). Mass media can have, based on this study, lasting effects on people’s behaviors too, provided that it is a prevalent and significant presence in a child’s life. These studies indicate that m ass media can affect society by teaching harmful models of behaviors. Not all mass media effects on society are negative, nevertheless, because mass media can be programmed to teach pro-social behaviors too, where it can affect society through modeling positive attitudes and behaviors for the youth. Many television and CD/DVD shows, for instance, are geared to teaching children positive social behaviors and new knowledge and skills. Dimitri A. Christakis et al. wanted to know if exposing children to TV shows that teach

Friday, July 26, 2019

Offer of Fixed Interest Investment Funds to the Public Prospectus Assignment

Offer of Fixed Interest Investment Funds to the Public Prospectus - Assignment Example The main purpose of laws is to ensure that businesses meet the needs and wishes of shareholders and the interests of stakeholders in accordance with modern business practices.6 This prospectus promotes the company as a whole and informs shareholders, future shareholders and stakeholders of any risks that are involved in the fixed interest investment funds.7 The issuer is an investment planning company with limited liability, registered under the laws of England and Wales. ... nce of the Funds 23 Tax Implications 23 Charges and Expenses 23 Bibliography 27 Definition of Terms Articles of Association: The contractual document authorising the issuer to offer the fixed interest investment funds. Back-end Fee: A fee payable upon redeeming an investment or share. Common Law: judicial decisions binding the issuer in the administration and management of the fixed interest investment funds. Depository: The Bank or financial institution holding legal title to the fixed interest investment funds. Doctrine of Corporate Opportunity: A major risk factor and concern of investors relative to the risks associated with managers and directors mismanaging any investment funds and the applicable common law and statutory laws safeguarding against this kind of investment risk. Fiduciary Duty: A common law and statutory law prescribing the duty of care and level of competence applicable to and enforceable against managers who have monetary responsibilities in situations where the y have control over funds that are not their own. Fixed Interest Investment Funds: funds invested with a fixed and predetermined interest rate. Investor: The person or body corporate purchasing the fixed interest investment fund. Issuer: The institution offering the fixed interest investment funds to the public. Load Fee: A fee payable upon entering an investment fund and deducted from the initial investment. Maturity Term: The bond’s life or the date at which the terms relative to the investment fund have been satisfied have been fixed. Open-ended Investment Company: an investment company characterised by collective investment schemes under the structure and framework of a company comprised of diverse capital. Statutory Law: Legislation prescribing the policies, practices, rights, duties

Raising reading scores of lower achieving minority students at a Essay

Raising reading scores of lower achieving minority students at a Florida Middle School - Essay Example When you look at the test scores it is alarming to see that minorities, mainly Blacks and Hispanics, are scoring much lower than their white peers. This stigma is catastrophic for our Black and Hispanic children. As these students move on to middle school the test scores are even lower and these students continue to fall further behind. This situation does not have to be permanent it can be solved. It is not an overnight fix but it can be reformed. The achievement gap can be closed if an intense effort is made. This research will look at ways to close the achievement gap and raise the scores of the lower level readers in a Florida Middle School. This study will contribute to the field by imploring a mixed method design which will derive empirical data of a qualitative and quantitative nature on the effectiveness of a tutoring program to help close the achievement gap between minority students. ... .10 Definition of terms†¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...11 Chapter 2: Literature Review†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....13 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.13 Evaluation Framework†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦14 Approach to Literacy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦..15 Middle School Reading Problem †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦.15 Achievement Gap†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...22 Achievement Gap Versus Adequate Yearly Gap†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.27 What Educators Can do to Help Close the Gap†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...27 Proven Reading Strategies†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦30 Corrective Reading Program†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...36 Effectiveness of Middle School Reading Tutorial Program s†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...40 Chapter 3: Methodology †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦....†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.........43 Methodologies Introduction†¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..43 Participants†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦43 Instruments†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...44 Research Questions†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.44 Anticipated Outcomes†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..44 Research

Thursday, July 25, 2019

Causes Of Bent Grass And Effect Of Soil Compaction On Turf Recovery Coursework

Causes Of Bent Grass And Effect Of Soil Compaction On Turf Recovery - Coursework Example Analyses were conducted to determine the greatest height attainment by grass transections, and the correlation towards soil conditions; particularly soil compaction. While there is abundant research evidence that soil compaction due to foot traffic impedes grass growth in many ways, in this case there was insufficient correlation between height and compaction to conclude a detriment to turf grasses.Even the most cursory of observations within a well-traveled outdoor area reveals the apparent lack of ground cover plants in areas of high foot traffic. Regardless of whether the traffic is human or animal origin. An obvious trail of bare dirt illustrates the way grass and other forms of plants that serve as ground cover are restricted in their growth through trampling. While it is apparent that heavy traffic can kill or impede grasses, a thorough understanding of botany requires the elucidation of the extent to which this is true; how much data can be gathered regarding how much grass is restricted by what amount due to a particular level of human or animal foot traffic? A significant body of research already exists relating to this topic in addition to the data presented herein. Studies of this sort have a great value in terms of the conservation of natural resources. This is especially true pertaining to the unification and maintenance of Parkland in suburban settings. Where groundcover is in danger, adequate resource planning in addition to architectural and design strategy are helpful in terms of the preservation not only a wilderness areas, but of groundcover existing at schools, universities, and other public places. Over time, the consequences of traffic can cause problems in agriculture as well. Vehicles used to till the soil may at the same time diminish that soil's ability to defuse nutrients unless special care is taken. (Reintam et al. 2005) Sports fields and golf courses must also seriously consider and the impact of human foot traffic upon it. On thes e sorts of fields or fairways severe damage in the form of turf removal can occur, the sort of removal can also be known as a divot. The implications of wear and tear on the turf grass essential for the appearance they wish to cultivate. Harivandi describes the genetic tolerance of turf grasses to withstand foot traffic as wear tolerance. (Harivandi, 2002) vehicular traffic may also be a concern if it is consistent, and localized to a specific, narrow region of groundcover. Wear tolerance reflects the ability of a particular turfgrass to survive pressure that can compress or crush the stems, or leaves of grasses and other types of plants. In essence, the result is two primary challenges posed by foot and vehicular traffic: damage to the plants themselves, as quantified by wear tolerance of the grasses – and soil compaction, which affects the soil itself and its ability to support life and to provide the fertile ground for new growth; under dry conditions. (Brosnan et al. 2005 ) High traffic areas, if left unattended can be sorely defaced through the additional process of soil displacement. This is a topic of concern upon wet soils especially. Under these conditions increased damage to various forms of turfgrass and higher levels of the root system can be severe. (Harivandi, 2002) Kentucky bluegrass tends to be the most common form of turfgrass used for athletic fields. (Puhalla et al. 1999) Over time, the damage from considerable foot traffic has the potential to become a cumulative. As the soil grows increasingly compact, the viability and fertility of the area in terms of plant

Wednesday, July 24, 2019

Documentary Cinema, Choose one form 2 topics but I rather first one Essay

Documentary Cinema, Choose one form 2 topics but I rather first one - Essay Example While the majority of films are fictions based, the realm of the documentary films is of great important as well. This paper will analyze in details the film that is titled Sans Soleil and explore elements of its, proving that they make it an outstanding essay documentary. It is quite understandable that the voice of the narrator plays a significant role in the perception of the movie. In addition to that, as a rule, the directors often narrate their movies themselves: that is why the audience is able to hear the authors speaking. However, Sans Soleil is quite different. The narrator is a woman. She does not say her name; moreover, she simply reads the letter that supposedly she received. This is rather innovative since it hides the true identity of the author of the documentary, substituting it with a pleasant voice of a woman which over time becomes monotonous as there were really few variations of it as she reads the letters. Another point that should be mentioned about cinematography of the movie in question is its frequent use of still frame. To begin with, there are certain scenes which end with a frozen frame that catches a person in action. There is no doubt that such approach towards the video narration is quite interesting as to a certain extent it gives the audience a feeling that one watches raw material on the editors table and not a finished film. There are also frames that catch people looking into the camera. This is quite exciting as for a moment the characters of the film are looking at the audience. In a different scene the narration is facilitated which swapping of several still frames that substitute a normal image. There is a peculiar scene of the movie: the camera man walks among the corpses of animals which were sacrifices. The camera moves slowing from one pit to another, taking a long look at the corpses. The latter have absolutely no skin and bare have any muscles; they mostly resemble bones with

Tuesday, July 23, 2019

Personal statement Example | Topics and Well Written Essays - 250 words

Personal Statement Example E-commerce and internet marketing has always allured me because of its wide coverage and implications in different sectors. These two terms have changed the landscape of traditional business model and the way buyers and sellers interact with each other. With my bachelors in Management Information Systems and Masters in E-Commerce, I already possess the fundamentals which further inspire me to take on this course as my future study objective. According to me, use of information systems and electronic means in trading are going to take on the world by storm. In this realm, I feel I can contribute a lot to this revolution through my learning and qualities of team work, perseverance, dedication and incessant thirst for knowledge. My scholarship from Ministry of Higher education in Saudi Arabia provides the testimony of my hard work and devotion towards the attainment of my objectives. I also feel my prior experience of working with teams on group projects and frequent presentations has s harpened my interpersonal and communication skills in addition to technical and managerial skills. That is why I chose XX University as it boasts of the best breed of students across the world. These qualities and abilities which I have gained till now in my academic life will help me compete with the brightest of students and extract the maximum output of me in terms of creativity and innovation.

Monday, July 22, 2019

What Has Astronomy Done for You Lately Essay Example for Free

What Has Astronomy Done for You Lately Essay In the article â€Å"What has Astronomy done for you lately† it opens my eyes up to all the relative ways astronomy contributes to our society today. It is mentioned in the article that the funding for space launching and research for the program estimates around $8 billion. During these stringent economic times some question regarding the funding of these programs based of the actual need and benefit. Many people seemed to think that there was nothing that the universe actually contributed to our day to day lives. That idea stands to be corrected. In this article it points out several different ways that Astronomy and keeping it funded acts as an instrumental piece in many things that we rely on today. One way astronomy has made a contribution to our daily lives is the use of the GPS. Albert Einstein was an influential part of the creation and use of the GPS system that we know today, based on his theory. The first operational GPS system that was used was in 1978. Due to all the experimental success and the research put into the atomic clocks makes it what we now use today. In being in the era of technology we have done away with paper maps and now rely on GPS to get us to and from our destinations. The GPS has not only assist in saving lives but the industry is also estimated at half a billion dollars. Another attribute of Astronomy was the creation, discovery, and use of wireless internet. It started with a physicist by the name of Stephen Hawking and his predictions and research of the evaporation of black holes. Then after, others attempted to complete his research to find the evaporating black holes. Their attempts came with no success. John O’Sullivan, a physicist, joins a radio physics department after the failed attempt to detect exploding black holes. He and a team design a Fast Fourier Transfer (FFT) chip and receive a patent for it. The FFT chip is then used as a reliable basis of the wireless network. WIFI as we know of today was discovered due to failed attempts of tracking faint signals of exploding black holes. The treatment for cancer is another aspect on which astronomy research has contributed to. Studies were being conducted on how the Sun produces atoms and how various atoms block different wavelengths of light. In 1992 a team of collaborators studied how atoms in the layers of the Sun and other stars interact with the light trying to escape known as the Iron Project which succeed the Opacity Project. Later they discovered that with different wavelengths some atoms interact strongly with radiation especially in the X-ray region. Combining this observation with small amounts of the gold atom correctly placed could flood and kill cancerous tumors. This development could definitely make the treatment of cancer less painful. This article has provided me with a bigger appreciation on the contributions of Astronomy. Just because it isn’t up front and in your face doesn’t mean that it isn’t beneficial to us. From the GPS, Cancer treatment, and Wireless Internet Astronomy has made a large contribution on many aspects of life.

Sunday, July 21, 2019

Communication In Intimate Relationships

Communication In Intimate Relationships What makes relationships successful? What kind of process do we go through to create an intimate relationship? What are some of the problems we encounter during them and how should we go about solving those issues? The questions above are some of the subjects I am going to tackle in this paper. Relationships can be very rewarding if the good outweighs the bad. The success in an intimate relationship depends highly upon effective communication. There is not only one specific way for couples to communicate, because each relationship is different. It is important to know good forms of communication to improve the quality our relationships. Date night is the movie I chose to compare my subject to a movie. In this movie, a couple is having After being in a relationship for three years, I feel as though my relationship with my boyfriend is fairly successful. What makes a relationship successful? In my opinion, the following are important qualities of an intimate relationship: Friendship, love, respect, compassion, and passion among others. Friendship is a good basis for any relationship. I dont believe a couple has to start from friendship, but from what I have seen, it is important for a friendship to develop. While spending a lot of time together, it is important to have similar likes and interests, as friends do, to keep the fire going. Love is an obvious importance to an intimate relationship, because it is needed to endure the hard times of a relationship, as well as the easy times. Compassion is necessary when a person in a relationship is having a hard time and needs support; it is very important for a couple to support each other. Respect is very important to me, because I expect a mutual respect between my boyf riend and I to keep our boundaries set, and to keep us both happy. Our thoughts and opinions are important to each other. Every relationship has its own priorities in which different values are more important, as Anderson explains in more complex terms: Personal predispositions of one person will interact with the intimacy displays of another to produce unique individual valences of the intimacy displays of their partner (52). The process to form a strong bond in a relationship takes a good amount of time. They differ couple to couple and take the different steps at different speeds. Floyd lists Mark Knapps model of relationship development as the following: initializing stage, experimenting stage, intensifying stage, integrating stage, and bonding stage. The initializing stage is meeting for the first time (342-345). After the initial meeting comes the experimenting stage, which is where two people get to know each other through conversation (such as figuring out what kind of music, movies, and activities someone likes.) Next is the intensifying stage, which is when two people go from just having occasional conversations, to being closer friends. The intensifying stage may also include hanging out in groups of friends or only with each other. The integrating stage is when other people start to notice your relationship and that commitment has developed. The last stage is bondage, which is when a relationsh ip is announced to everyone, and everyone acknowledges the two as a couple. My last experience with the model of relationship development was quick. I met my boyfriend and four days later, we started dating. We got to know each other quickly, because we spent a lot of the summer together, directly after meeting, and we had many common interests. The experimenting stage occurred quickly, and we became closer friends in our quickly started relationship. The intensifying and integrating stage came pretty much at the same time. Everyone knew that we liked each other and were in a relationship almost right away. Bondage for us was very natural and everyone accepted us as a couple, and still does. What are some ways to improve our relationships? Research says that for a satisfying relationship, there should be five positive behaviors for every one negative and that unsatisfying relationships have only one positive behavior for every negative (Floyd.) In my personal relationship, my time together with my boyfriend is focused on forming at least five of those positive behaviors. Most days, we have many more than five positive behaviors for every one negative behavior, and I believe that does directly correlate with happiness in our relationship. Sorgen, on her WebMD feature says Its the rare couple that doesnt, sooner or later, run into a few bumps in the road. According to Sorgen, to improve communication, couples should do the following: make time, set up rules, listen to each other, and make sure to argue in private if you cant keep your voice down. I feel like my relationship follows these guidelines. We make sure no matter how busy we are, we find time to spend together, an d talk subjects out, if we need to. If we do get into arguments, we have rules, so we dont become too mean. We also try our best to listen to each other whether we disagree or not, and we definitely dont make a scene in public. Personally, being sensitive to anothers emotions and feelings is important to do; that is a problem I have in my relationship. When he doesnt agree with what I am saying, he becomes rude. I am an emotional girl, and my feelings are hurt easily and he knows what to say to get me to stop talking. It would help us a lot if he would calm down when I get emotional, and talk calmly instead of getting angry. This would prevent us from saying words we dont mean. Sometimes, when I am emotional for a serious reason, he fails to take my emotions seriously, and says something to upset me more. Why do we become emotional when we do? The most common way in which emotions occur is when we sense, rightly or wrongly, that something that seriously affects our welfare, for bett er or worse, is happening or about to happen.. (Ekman 19.) Although my boyfriend may be somewhat emotionally insensitive, he does apologize afterwards if he hurts my feelings, which means a lot to me. Compromise is important in relationships also. It can never just be about one person, or it is a one-road relationship that is bound to fail. According to Floyd, its important to emphasize excitement and positivity, handle conflict constructively, have realistic expectations, and manage dialectical tensions (362-367.) For my boyfriend and I, we try to be spontaneous and do things out of the ordinary on a regular basis; that emphasizes excitement. Just like in Date Night, when Phil and Claire Foster have problems because of having the same every day routine, romantic relationships may have problems when things are the same every single day. When they are chased and almost killed after being mistaked for thieves when they took another couples reservations at a restaurant. After all the excitement of being chased and almost killed, their relationship was much better because they appreciated each other much more after all the excitement. A change in a mundane schedule sometimes can help to get away from relationship problems. We also try to thank each other for things that we do just to make each other happy, so that both of us know we appreciate what we do for one another; that emphasizes positivity. Handling conflict constructively is the most important, because there is conflict in every relationship that I have seen and if conflict isnt handled constructively, it could obviously lead to an unhealthy relationship. Realistic expectations help to keep order in a relationship. You cant expect a person to completely drop his/her life to be with another person. There has to be balance in the relationship for it to be fair. Managing dialectical tension is dealing with two opposite needs (Floyd 366). Another way to help a relationship is to accept the person for who they are and not to try to change who they are. You should love a person for who he/she is, and if you cant accept that person for who he/she is, you shouldnt be in a relationship with him/her (Sorgen). In this paper, I explained what makes a relationship successful, and what can be done to make a relationship better. Every couples relationship is different and there is not one way to go about handling a relationship, or its problems. Make sure you love, respect, and show care for the person you love, and try to understand each others opinions and beliefs, even if you dont exactly agree with your significant other. Work Cited Anderson, Peter A., et al. Progress In Communication Sciences Volume XIV. Stamford: Ablex, 1998. Print. Elkman, Paul. Emotions Revealed: Recognizing Faces and Feelings to Improve Communication. New York: Henry Holt, 2003. Print Floyd, Kory . Interpersonal Communication: The Whole Story. New York, McGraw Hill, 2009. Print. Levy, Shawn. Date Night. 20th Cetnury Fox, 2010. Sorgen, Carol. 7 Relationship Problems and How to Solve Them. WebMD. N.d. Web. 15, Oct. 2010.

Empowering Women Not To Become Domestic Violence Victims Social Work Essay

Empowering Women Not To Become Domestic Violence Victims Social Work Essay The purpose of my research is to show how to empower domestic violence victims to prevent them from or remaining becoming victims. I satisfy this purpose by recognizing the signs of domestic abuse by the abuser, examining the history of domestic violence and, statistical data; I also address the enabling friends, family to recognize the symptoms of the abused. Domestic Violence is an assault on an intimate partner with most violence committed against women by their male partner (ABA, 2010). Many programs have been introduced to communities as well as states to protect victims of domestic violence and their children. Women are forced to leave their lives behind taking the children with them to shelters or Child Protective Services take them, due to the abuse and instability in the home. Battered women shelters have been opened in an attempt to keep the women and children in hiding from their abuser. Often the victims and their children will move to another state in an attempt to be safe from the abuser. Children receive counseling and often suffer depression, aggressive behavior, and development of adult health problems (APA, 2010). Domestic violence seems to be more focused on the victims than the batterer, resulting in having programs to protect the victim. Some examples are battered womens shelters, and receiving assistance from programs to protect victims from the batterer. For the batterer, abusive acts are a control issue and batterers are determined to keep that control over their victims sometimes, leading to stalking and murdering their victim for the ultimate control and power (NCJRS 2005). American society exerts a lot of time and money into programs to assist battered women and children who are witnesses of the violence. Society needs to look at the offender in an attempt to understand the offenders reason for the violence, to study their main objective and why the abusers ultimately have no control over themselves. Literature Review Devaney (2008) reported a study conducted on children who were in long-term and complex needs because of experiencing domestic violence. His research revealed that professionals have an awareness of domestic violence, and that younger children with younger parents are most likely to experience prolonged periods in the child protective system. Devaney contended that government policy and professional practice should primarily be concerned with assessing the risk that men present, rather than the risk children and families experience. By reframing professional interventions, men are more likely to be challenged to accept responsibility for their behavior. The domestically violent patients are more unstable from psychological viewpoint but not more inclined to anger than the average male. When comparing domestically violent patients with generally violent patients, domestically violent patients score lower on anger disposition and on aggressive behavior than the generally violent patients did (Kraaimaat, 2008). According to the American Psychiatric Association (2010), abusers use many ways to isolate, intimidate, and control their partners. Abuse starts slow and may be difficult to EMPOWERING DOMESTIC VIOLENCE VICTIMS 5 recognize. Initially the abuse is manifested in isolated incidents for which partners expresses remorse and promises never to abuse again. The abusers justify their actions because of stress or claims the abuse was something the victim did or did not do. Domestic Violence can lead to other common emotional traumas such as depression, anxiety, panic attacks, substance abuse, and posttraumatic stress disorder. Abuse can trigger suicide attempts, psychotic episodes, homelessness, and slow recovery from mental illness (APA, 2010). Uncovering battering mens attributions are important in understanding domestic violence, and these attributions are the key to curtailing domestic violence. What is common to these attribution styles is the evasion of responsibility for commission of, and for the need to take action to stop the violence. These attributions styles have been found to increase battering mens hostility and stress, their risk of engaging in violent behavior, as well as enabling the batterer to continue their violence unchecked (Wallach, 2008). National Criminal Justice Reference Service (2005) reports power and control are fundamental concepts in the patriarchal family structure and in the relationship between violent men and their female companions; power-control theory may explain the response of the criminal justice system to woman battering. Power-control theory suggests that men batter women because unless they are in control of their production sphere, and consumption sphere, the potential upset of the familys balance of power is a real threat to the batterer. Bostock (2009) reports that situations of domestic abuse can be prolonged by limited options available to victims of support and protection, and a lack of active public acknowledgement that domestic abuse is unacceptable. Some women felt that the police still adopted and attitude of its just a domestic and that they did not take the matter seriously or offer effective help and protection. Stoops (2010), study explores the existence and predictive ability of a behavior-based typology of men who were adjudicated for domestic violence crime in an urban criminal justice system. Results revealed that preliminary support for the development of typological assessment in criminal justice and early settings for early identification of men who may need additional intervention. Early intervention could prevent further escalation of violence from the batterer. McCloskey (2004) presents information on the characteristics of a clinical population of male perpetrators of intimate partner violence court-ordered for batterers treatment, and how those characteristics co-varied with treatment attrition. When treating male batterers who were court-ordered to receive treatment, findings suggested that batterers self-reports of their own violent behavior were found to vary by data collection technique, with face-to-face interviews eliciting greater admission of violent behavior than paper-and-pencil questionnaires. Domestic Violence Awareness Handbook (2010) reports that too many people continue to believe that domestic violence is a private matter between a couple, rather than a criminal offense that merits a strong and swift response. Even today, the victim of a domestic assault runs the risk of being asked, What did you do to make your husband angry? This question implies the victim is to blame for this abuse. People in the criminal justice system ÃÆ' ¯Ã‚ ¿Ã‚ ½ police, prosecutors, judges, and jurors ÃÆ' ¯Ã‚ ¿Ã‚ ½ need to be educated about the role they can play in curbing acts of domestic violence. MayoClinic (2010) reports that even if a child is not abused, simply witnessing the domestic violence can be harmful. Children who grow up in abusive homes are more likely to be abused and have behavioral problems than are other children. As adults, child witnesses are more likely to become abusers or think abuse is a normal part of a relationship. Victims worry that seeking help will further endanger them and the child, or that treatment may break up the family. It was stated that treatment is the most effective measure to protect the child. Discussion During the research, my goal was to try to understand the actions and attributes of the batterer, in an attempt to make victims recognize the signs of a batterer before abused women become a victim. Another goal was to recognize the symptoms of the victim. The gathering of information provides an understanding of the abuser, and recognizing the warning signs of an abuser before they become a victim. Education of younger adults assists and informs families and friends of the trend of an abusive relationship. Recognize Patterns of Domestic Violence Domestic violence is a serious threat for many women. To be empowered, the victim must recognize the signs of an abusive relationship and how to leave a dangerous situation to achieve empowerment. Threats, including violence, suicide, or taking away the children are common tactics employed by the batterer. The existence of emotional and verbal abuse, attempts to isolate, and threats of and intimidation within a relationship may be an indication that physical abuse is to follow (MayoClinic, 2010). Knowing the signs of an abusive relationship is not only imperative for the victim, but is also an important weapon against violence for the victims family, friends, and co-workers. The more people that are aware of the attributes of an abuser the less likely the relationship will develop into a domestic violent relationship. The victim is not alone and will not have the feeling of helplessness, or the shame of blaming herself, and will not deny the abuse if the ones that are close to the victim can recognize the signs. Victims will not feel alone, and will break the cycle early. Education of Community Family, and Friends Strict new laws are one way to reduce domestic violence, but education could prevent it violence or abuse from starting or escalating to the point of the victim being battered. Education should begin in the high schools for all students on domestic violence awareness to ensure that all members of the community are aware that domestic violence is not a private matter between a couple, rather a criminal offense that merits strong and swift response. Communities must take an interest to promote and educate on the programs that are available to the victims, such as hot lines, police, social workers, and battered womens shelters. Awareness needs to be brought to medical professionals who see the victims of violence who ask them about the crime, and seek more information rather than allowing the victim to fabricate an excuse for the batterer. Neighbors must contact the police when they hear violent fights in their neighborhoods. Teachers should be alert to signs that students have witnessed violence at home, or by a partner. Friends need to be educated that it is not the victims fault and assist in anyway, recognizing that abuse is unacceptable. The friends and family of the victims need to understand the needs of someone experiencing abuse. The longer a victim stays in an abusive relationship, the greater the toll on the victims self-esteem, resulting in depression or anxiety. The victim may begin to doubt their ability to take care of themselves or wonder if the abuse is their fault and feeling helpless or paralyzed to act. Break the Cycle The longer an abusive relationship continues, the greater toll it takes on the victims self-esteem, but the cycle must be broken before the batterer gains total control. The cycle can be broken by telling friends, family or calling a domestic violence shelter, but must be done in a safe location. Victims should be prepared to leave, pack an emergency bag that includes items that the victim needs when they leave, and know exactly where to go and how to get there. The only way to break the cycle of domestic violence is to take action and the sooner the better. Conclusion Too many people continue to believe that domestic violence is a private matter between a couple, rather than a criminal offense. Even today, the victim of a domestic assault runs the risk of being blamed for the abuse, as if she is the one that brought on the assault. People in our criminal justice system ÃÆ' ¯Ã‚ ¿Ã‚ ½ police, prosecutors, judges, and jurors need to be educated about the role they can play in curbing domestic violence. Nearly thirty percent of all female homicide victims were killed by their husbands, former husbands or boyfriends (Domestic Violence Awareness Handbook, 2010). Strict new laws are one way to reduce domestic violence but nothing sends a clearer message to a batterer than prosecuting and jailing other batterers. New laws are not the answer if people are not educated in the system to enforce the laws. The victim often feels alone in the situation, and as a society members must let victims know that they are not alone. American society must take action to let the victims know they are not alone. Even when cases are brought to court, domestic crimes are difficult to prosecute. All too often victims are so terrorized that victims fear for their lives if they call the police. Silence is the batterers best friend. Members of the community, needs to end their silence and change the attitudes toward domestic crime. EMPOWERING DOMESTIC VIOLENCE VICTIMS 11

Saturday, July 20, 2019

Populist Party :: American History Politics Essays

Populist Party The Populist Party, a third political party that originated in America in the latter part of the nineteenth century, derived as a result of farmer discontent and economic distress. This was caused by the country's shift from an agricultural American life to one in which industrialists dominated the nation's development. The public felt as if they were being cheated by these "robber barons," a term given to those who took advantage of the middle and lower classes by "boldly stealing the fruits of their toils" (Morgan, 30). These corporate tycoons' conduct was legal, however ethically dubious it was. Cornelius Vanderbilt, a well-known railroad baron, reportedly once said, "Law! What do I care about the law? Hain't I got the power?" (Morgan, 30) The change from agrarian to industrial had a profound effect on everyone's life. Ignatius Donnelly, a leader in the Populist Party wrote, "We meet in the midst of a nation brought to the verge of moral, political, and material ruin. Corruption d ominates the ballot-box, the Legislatures, the Congress, and touches even the ermine of the bench . . . A vast conspiracy against mankind has been organized" (Tindall, 957). As a result of this significant transformation, along with several different perspectives of peoples' mores, several reform movements were commenced, such as prohibition, socialism, and the Greenback Labor Party. Each of these movements was launched by different coalitions in hopes of making a difference either for themselves or for the good of the country. The farmers, specifically, were unhappy for four particular reasons: physical problems, social and intellectual concerns, economic difficulties, and political frustrations. The physical concerns the climate of the time period. Following 1885, there was a large drought on the American prairie, thus causing this land to become known as the "Dust Bowl." Furthermore, there were extreme blizzards resulting in innumerable deaths of cattle and livestock. Also, farms were very isolated causing the women and children to lead a life of solitude and boredom. They demanded change. In fact, the women were the ones to start libraries and other meeting places for themselves and their children. This isolation made schooling for children quite difficult. Most kids who lived on the farm did not receive a proper education, or one of any kind for that matter. Farmers' economic problems are more intricate. Events baffled the farmer. They believed that deflation was the cause of their problem.

Friday, July 19, 2019

Effects of Modernity Essay -- essays research papers

The old-traditional way of life has vanished for ever. Today only villages and some small towns remind us of this kind of life, and as time passes, more people choose to abandon traditional way of life, to move to the â€Å"big city†. Modern way of life has nothing in common with the traditional one. Human habits, values, norms have changed. The most important of these social changes can be observed in human relationships, family economy, education, government, health, and religion. To be able to examine these changes, one has to compare traditional and modern way of life. In traditional societies, to begin with, there is a strong fellow-feeling; everybody is considered a friend and is expected to act this way, in case of personal or family crisis. In every-day life one would be happy to lend his neighbour anything he is asked without expecting anything in return. This fellow-feeling does not exist in modern cities, where the general rule taught to city-people when they are still children is: trust no one. The size and density of population, anonymity and high rate of criminality may be responsible for this kind of behaviour. Despite the fact that each city group chooses to behave this way for different reasons, the result will always be the same (Gans: 235-237). In addition to the change in human behaviour towards people outside his family, there is change in family life as well. The extended family providing all means of socialization and economic production, became nuclear, ...

Brian Clarks Play Whose Life Is It Anyway? Essay -- Brian Clark Whose

Brian Clark's Play "Whose Life Is It Anyway?" The play "Whose Life Is It Anyway" by Brian Clark was made into a stage play and film. The television play was made in 1972 and the stage plays in 1978. In the play,† written by Brian Clarke, the intense argument of committing Voluntary Euthanasia is discussed. The main point of the play, Ken Harrison, once an imaginative, devoted sculptor, is involved in a terrible car crash. Following a long operation, Ken is paralyzed from the neck down; he is informed that he may never be able to move his body ever again. Brian Clark in a similar way uses different characters to show a different view of Ken's possibilities. Dr. Emerson thinks Ken's life is precious and should be kept at any cost, no matter what Ken's wishes are. Dr. Scott also wants Ken to stay alive but values Ken's opinion and thoughts more than Dr. Emerson, she thinks sympathy a lot. Dr. Travers shows a view on Ken's problem, he sees it the same way as Dr. Emerson, and thinks of it as a mental patient wanting to commit suicide, and is happy to back up Dr. Emerson in a court of law, and also sees it as doing a favor for Dr. Emerson, no matter what he finds whilst talking to Ken. In order to make the play more dramatic the debate further Brian Clark uses a dramatic point. The point is that before Ken suffered his accident he was happy and wanted to go on living, but at that time people listened to him and he could have argued a point and people would have listened to it. Now that Ken finds himself in a situation where he doesn't want to go on living, few people want to listen to him: 'Only my brain functions unimpaired but even that is futile because I can't act on any conclusions it comes to.... ...uthanasia is becoming his decision. The lights out at the end of the play represents kens decision to follow euthanasia if the light would have been left on then he may have decided to live. Euthanasia should not be made legal because it will be easily misused unnecessarily. Euthanasia would not only be for people who are "terminally ill", it will become non-voluntary. I also believe that Euthanasia is a rejection of the importance and value of human life. Emotional and psychological pressures could become overpowering for depressed or dependent people. If the choice of euthanasia is considered as good as a decision to receive care, loads of people will feel guilty for not choosing death. Financial considerations, added to the concern about being a burden could serve as powerful forces that would lead a person to "choose" euthanasia or assisted suicide.

Thursday, July 18, 2019

Globalisation of Indian Economy Essay

Economic Reforms in India UNIT 27 GLOBALISATION OF INDIAN ECONOMY Structure 27.0 27.1 27.2 27.3 27.4 27.5 27.6 27.7 27.8 27.9 27.10 27.11 27.12 Objectives Introduction Globalisation and Economy Benefits of Globalisation Globalisation and Indian Industries Policy Changes Since 1991 Globalisation of Financial Markets Problems of Globalisation Efforts Required for Globalisation Let Us Sum Up Key Words Some Useful Books Answers/Hints to Check Your Progress Exercises 27.0 OBJECTIVES As you go through this unit, you will come to understand and appreciate the implications involved in globalisation of Indian economy. This unit is expected to help you answer the following: l l l l l l Is globalisation a reality and has India been able to adopt this; Examine the implications involved in the process of globalisation; Analyse the impact of globalisation on Indian economy; How do different sectors prepare to face the challenge of globalisation; What policy measures need to be followed for globalisation of Indian economy; and What conditions are required to have the best possible results? 27.1 INTRODUCTION In recent years there is no special phenomenon that attracts more attention in mass media and in the scientific public than globalisation. For nearly a decade the nation’s preoccupation has been with economic reforms. The enthusiasm and the excitement over ‘deregulation’, ‘liberalisation’ and ‘globalisation’ remain undiminished since the time the three buzzwords entered the scene. These terms are frequently used in any general discussion.The common person seldom understands the exact import of these terms but (s) he knows that they imply radical changes in life. The literate population surmises that liberalisation indicates a reduction of rigors in laws and procedures to permit more efficient conduct of business while globalisation stands for removal of protective barriers against free flow of trade, technology and investments among countries. It is also recognised  that the insularity and sheltered culture of industry and trade have to give place to a competitive environment, which would demand basic adjustments by the population, be they manufacturers, traders, workers or consumers. How this change is to be managed with the least pain and with maximum benefit is the major concern. There have been innumerable seminars and workshops on the three related terms in general and globalisation in particular. However, the ideas and the basic vision behind the dominant policy choices made since 1991 have not been 28 explained in simple terms by those professing to understand the policy choices. Policy makers and seminar speakers often assume that the objectives of globalization are understood by all. They, therefore, dwell on the ways and means to achieve globalization. Globalisation of Indian Economy 27.2 GLOBALISATION AND ECONOMY Globalisation has some very clear features (K.L. Chugh, 1992). Globalisation puts an emphasis on consumer concern and encourages competition. It is co-operative venture, where organisations and people complement and supplement each other in the service of the consumer. It is for this reason, that one now sees the international trend to source raw material from one country, process it in another country and then market it worldwide. As a result, globalisation helps to synergies the roles of each country. Globalisation leads to quality assurance and it is as a guarantee of their quality that manufacturers brand their products. It means a borderless world where there is a free exchange of money, ideas and expertise, fostering partnerships and alliances to serve the consumer best. Globalisation relies on the quality of people. No initiatives, no innovation, no solutions are possible without outstanding people. The quality and training of people, their vision and their commitment, is the very foundation of globalisation. Globalisation is the reversal of business from a macro to a micro point of view. What matters is the contact and collaboration between individuals and  firms in various countries. Globalisation is complete decentralization of location. It will internationalise human resources and remove geographical boundaries. The policy of globalisation emphasises that export sector should form an important ingredient of the national macro-economic aggregates. When exports form an important economic aggregate, the industrial growth to a substantial extent becomes dependent upon the export sector. When industrial production is attached to the export sector, indirectly the other sectors of the economy specially banking and services sector are also integrated with the export sector. Finally, since exports are dependent on the GDP growth of the major trading partners, the domestic economy c annot grow at a rate much different from that in the world economies. 27.3 BENEFITS OF GLOBALISATION What are the benefits of globalisation? Some of the benefits are as follows: i) Improved resource allocation due to the presence of a competitive environment ii) Exposure to international economies would lead to the availability of better technology, inputs and intermediate goods iii) Transfer of know-how and economies of scale Thus, globalisation implies a regime of perfectly competitive markets with no entry or exist barriers. However, the onset of such an environment is not without fulfillment of certain preconditions on the part of the corporates – global vision and global capability. Global vision implies that the corporate should have the ability to analyse the dynamic competitive environment and should be able to develop superior strategies in a way, which is relevant to the new global opportunities, i.e., should have the vision of analysis and leadership.Global capability attributes, on the other hand, are reflected in the ability to amass and deploy productive human, technological and financial resources at the right time and at the right place. 27.4 GLOBALISATION AND INDIAN INDUSTRIES The road to globalised markets has only fast tracks. There is no lane earmarked 29 Economic Reforms in India for leisurely traffic. This is a primary factor to be understood. When the country opens up its markets and invites new investors and new technologies from abroad, proven suppliers can come in with their quality goods, technologies and services at competitive prices. There is thus an anxiety that globalisation would become a one-way traffic, with imports flooding the local market, and throwing the indigenous industry and workers into misery. However, given the fact that Indian industries have absorbed modern technologies and some quality standards over the past five decades, they have the requisite strength and resilience to face the immediate challenges of globalisation. What is needed is strategic planning to fully tap the existing strengths and meet the initial pressures. In any case, the question today is not whether globalisation is inevitable, but how to tailor the method to fit each business when it embarks on globalization. One must turn the spotlight on the information imper atives for global competitiveness. Indian industry and business need to be on top of the corpus of information on a whole range of subjects such as product preferences, technology choices, price trends, rivals’ strengths and weaknesses, and investment sources. Without such mastery, no business enterprise can successfully aspire to a razorsharp competitive edge, which alone can assure it a recognizable market presence, let alone an unshakable market dominance. Inevitably, companies have to spruce up all aspects of operations, in terms of technology and design, material procurement, manufacturing processes, quality levels, finance techniques and dynamics of marketing for export promotion taking fair advantage of the liberalised environment provided by the government. Effective managerial information and control systems are essential for improving in house efficiencies and for quick assessment of the external market opportunities. Timely decisions and responses from delivery dates, assured quality norms, pro-customer policies and above all, a goal orientation, are needed to succeed in global pursuits. Productivity has to improve in all areas of management and the entire work force should wake up to the new realities through meaningful counsel ling and HRD techniques. A new sense of urgency to scale higher targets needs to be created in each employee and executive. Reduction in prices based on cost  control and waste elimination could bring in more orders and larger profits on enhanced turnovers. This is how countries like Japan emerged world market leaders. Competition has been the driving force for progress. A thorough reshaping of attitudes and redesign of work methods is imperative to bring in a totally new culture of activity and achievement. Each manager and supervisor has to lead by example, rather than by precepts, to prove that every new target can be achieved. Recognitions and rewards for meritorious performance in all cadres should serve as an incentive for better productivity. Policies of trade and investment liberalisation have a crucial role to play in providing an outward orientation, which will impose external audit on the domestic cost structure. Marketing strategies will have to be evolved which should take account of the global economic restructuring that is going on in the world today. Marketing strategies suited to every target country relative to its tradition and culture should be evolved and modified from time to time for achieving results. Flexibility and effective local liaison should form the core of the strategies. It is in this context the following three points are important: i) Making India the premier production centre of the world. In several sectors, particularly in agro-based industries, India has the skills and the investments, which make it the lowest cost producer in the world. These investments can easily obtain a share of the world market and all that is required is to develop alliances with partners overseas and support it with a national policy for each sector. 30 ii) Indian corporations to go into world markets and to become India’s â€Å"multi-nationals abroad, with markets, and later, production centres spread across the globe. Here again, India has a natural advantage in certain sectors such as the knowledge-led services and wide range of agricultural, industrial and fashion products. iii) Attracting foreign investments to make India their home base for their world markets. India has amongst the world’s largest trained manpower, including farmer and scientists, engineers and professionals, entrepreneurs and skilled workers. The cost of people is much lower in India than in the developed world and provides a significant competitive advantage to India. The introduction of full convertibility of  rupee on current account will greatly accelerate not just foreign investments in India, but also the export-import trade. If India succeeds in attracting foreign investment, particularly in the area of infrastructure, then it would be possible for the government to re-invest into the rural sector. This will have its own beneficial impact on the total economy, as India’s prosperity is entirely dependent on the rural, farm economy. This will help to usher in a second green revolution in the country. To successfully participate in the world economy, India needs to build strategic alliances – not just between trading blocks, but between corporations; and not just between foreign partners and India but partnership within Indian industry itself. Check Your Progress 1 1) What do you mean by globalisation? †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 2) What is the implication of globalisation for an economy? †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 3) Highlight the implications of globalization for Indian industry? †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Globalisation of Indian Economy 27.5 POLICY CHANGES SINCE JULY 1991 Globalisation presupposes two things — political will at the macro level which is reflected in various policies pursued by the government and corporate will at the micro level which is established by the existence of a global vision and capability. The government has moulded its policies. In this regard, one can take a look at the following policy changes: 31 Economic Reforms in India i) A two stage devaluation of the rupee by about twenty percent in July, 1991 in an attempt to align the exchange rates with the world exchange rates and provide additional incentives to the exporters to offset some of the disincentives arising out of the import barriers. ii) Introduction of a system of partial convertibility of the rupee under the liberalised exchange rate management system (LERMS) and then allowing full convertibility of rupee on current account. iii) Foreign direct investment (FDI) has been liberalised and now the foreign investors are allowed to participate upto 51 per cent, 74 per cent, and even 100 per cent of the equity of select industrial sectors. iv) The list of products requiring import license has been pruned which shows that physical controls are given way to fiscal controls (all quantitative restrictions are removed by April 1, 2001) v) Import duties have been reduced. vi) Import of capital goods has been allowed without any specific licence if the payment for the imported capital goods is made out of foreign exchange received for the purpose of equity participation. vii) Decentralization of several items has taken place and those items, which were initially under the purview of government agencies, are now being opened to private companies. viii) Foreign institutional investors (FIIs) are given permission to invest in the Indian capital market. In fact, SEBI has already recognised several FIIs for this purpose and they have started making investments also. ix) Guidelines have  been issued for the floating of Euro issues by the Indian companies. x) A major step towards globalisation has been to amend the Foreign Exchange Regulation Act, 1973 (FERA), which substantially dilutes its regulatory provisions to bring it in line with the new liberalised industrial, trade and exchange rate policies. The Act has removed a large number of restrictions on companies with more than 40 per cent non-resident equity and removed FERA controls on Indian firms setting up joint ventures abroad. The amendment also incorporates into law all the changes, which have so far been made by issue of notification by the RBI or the central government. These changes pertain to facilities extended to FERA companies on the appointment of technical and management advisors, opening of branches, acquisition of immovable property by FERA companies in India, borrowing of money or acceptance of deposits by them etc. Also, in an effort to rationalise the Act, about a dozen sections of FERA, 1973 were deleted as these had lost relevance over time. (As a matter of fact FERA 1973 itself is repealed and in its place a new liberalised legislation has been enacted which is known as â€Å"Foreign Exchange Management Act (FEMA†). xi) Guidelines have been specified for setting up of Indian Joint Ventures Abroad (IJVA), which would enable 90 per cent of the proposals to be covered through the automatic approval route. The main objective here is to liberalize Indian equity investment in joint ventures and wholly owned subsidiaries abroad as well as to simplify the procedures for investment abroad by the Indian parties. xii) Automatic permission is given for foreign technology agreements upto certain ceilings covering the high priority industries. 32 xiii) Foreign technicians can now be hired by Indian companies without prior approval of RBI if certain conditions are met. xiv) The foreign investment promotion board (FIPB) has been instituted to facilitate and promote foreign investment. These measures establish the fact that the government is indeed serious to help the industry globalize. The industry, on its part, is becoming more and more receptive to these structural reforms. The industry has responded by opting for industrial tieup as a threshold to building a global strategic presence. Thus, there is a wave of multinational  corporations (Macs) entering the Indian market and Indian businessmen too are fast setting up shop on the foreign shores. To survive the threat of global competition, Indian companies have no choice other than to restructure their business. The way to tackle this would be to understand the need for change (the way?), the paradigm shift required (the what?), the implementation process (the how?), and prioritisation of the problems awaiting solutions (what is next?). Globalisation of Indian Economy 27.6 GLOBALISATION OF FINANCIAL MARKETS India has been making use of the international financial markets. Exchange rate and interest rate movements now constitute the key variables. The volatility of exchange rates has turned out to be both a proximate cause and effect of capital movements. This in turn has made them autonomous variables not directly related to movements in the real sectors of the economies concerned. Another aspect of the vulnerability results from the quick transmission of impulses generated in one leading market to others. Today, financial markets are global in scope; where the distinction between money and other financial assets is not so clear cut and indeed there is continuum of liquidity; where the line of distinction between financial intermediation by the banking system and other non-bank intermediation is also getting blurred; and as a corollary of this where financial institutions themselves are losing their specialist character. Their wide geographical coverage is matched by wide functional activity against the background of increasingly intense competition.This has meant better opportunities both for the players in the international financial markets and those that transact business with them. Never have the world financial markets been so integrated and offered so wide a variety of services. India is affected by trends in capital movements, exchange rates and interest rates. A more liberal domestic financial sector would be better able to interact with international financial markets. India has only been reacting to events abroad, i.e., India remains ‘events takers’ rather than ‘events makers’, but even so, there is need for providing for a measure of structured rather than ad hoc response to external events. This is also a matter of determining the  rational sequencing pattern of increasing its markets’ linkages with the international markets. A cautious and step-by-step approach in terms of a well thought out framework of such linkages is called for. While Indian financial institutions and business should gradually and in a structured way get into the operations of the international financial markets, globalisation of the Indian financial sector is indispensable if it has to become efficient, vibrant and truly competitive in the years to come. The process of globalisation involves two distinct challenges: (i) technological upgradation through computeriation, and (ii) establishing and forging links with international financial markets. The Indian financial sector has been a late starter in mechanizing and computerising its operations. Regrettably, introduction of new technology is rather slow. What is even worse, the installed hardware does not 33 Economic Reforms in India seem to have been utilised to its full potential. This unfortunate state of affairs must end. The Narasimham Committee has endorsed the view of the Rangarajan Committee on computerisation. At the economic policy level, the issue of forging links with the international financial markets is closely intertwined with interest rate deregulation and convertibility of the Indian rupee. 27.7 PROBLEMS OF GLOBALISATION An outward looking or globalisation policy carries a price, as it demands certain constraints on the formulation of national policies. These constraints are: i) The international economic environment has qualitatively changed. When the industrialised countries are subjected to economic fluctuations, the dependent developing countries will have to bear these economic shocks. ii) There is a relationship on the one hand between investment made for exportoutput and income generated via the multiplier, and on the other hand  between income generated and imports via propensity to import. This problem stems from the fact that income multiplier effect in a developing economy is higher than in a developed economy due to a higher marginal propensity to consume. Consequently, demand generated is also relatively higher in the developing economies than in the developed economies. This rise in demand, under certain given conditions, will push up the domestic price level and if marginal propensity to import does not recede, it will further lead to higher imports to the extent that proportionate rise in imports may exceed proportionate rise in exports and thus the trade balance is shaken. iii) The formation of a trade block in North America that has given rise to free trade between the US and Canada has created a new situation. With this, cartel like conditions will prevail on the demand side in these markets whereas competition amongst the suppliers, intra-country and inter-country, will continue. It is in these changed market conditions that India has to adjust itself. Thus, not to speak of pushing up its share, even survival will prove a gigantic task for India. In view of this, a better course for India will be not to rely too much on an export-led growth under the existing world scenario. In this market oriented world there is no godfather who may come to India’s rescue without asking for its pound for flesh.Globalisation is perhaps irreversible. Success comes to those who learn to live dangerously. At best one can moderate the pace of globalisation. But globaliation is a conditional boon. One must put one’s own house in order or at least mismanage it much less to get the boon working. India’s options are limited. One of them is to let the rupee fall freely. If the rupee depreciates, then the expectations of capping prices through imports would also be punctured. The existing framework of global governance is weak, ad hoc and unpredictable, with international economic decision-making dispersed over numerous institutions, which are mostly dominated by the rich countries. Continued inhospitable international economic environment will frustrate the developing countries’ determined efforts to end stagnation through liberalisation, market-oriented reforms and outward-looking policies. Denial of access to markets, debt burden, inequities in global monetary, financial and trade systems, barriers to transfer of technology, dwindling flows of concessional resources, reluctance of foreign direct investment to flow to developing countries are  making quantum jump from stagnation to sustained growth almost impossible. 34 Domestically, there are several problems and issues, which act as hurdle towards global integration. These are : (i) gross inequalities in income, (ii) poor infrastructure, (iii) lack of research facilities, and (iv) the problem of bureaucratic set up. According to Professor, P.R. Brahmananda (1993) the economies are being asked to perform functions assigned to market systems without the requisite infrastructures in storage houses, communication framework, trading establishments, organised stock exchanges, future markets, banking and financial institutions with branches, employment exchanges, commercial news-papers, advertisement media etc. Thus, the transformation of the market has been sought to be achieved in a vacuum. Private property in land, capital and financial assets etc., has yet to be established universally. The information basis for a market economy is virtually absent. The state is simply divesting itself of its functions without compensating new institutional arrangements. Capitalism cannot be established without capitalist institutions and a legal framework. Consequently, the transaction costs in the transitional processes have risen enormously, and great profits are being made by informal financial trading and information intermediaries. Consequently, the underlying basis for elastic supply schedules in various relative production lines has not come to exist. The institutions such as IMF, World Bank and WTO are emerging as the watchdogs and monitors of developing countries on behalf of the developed. The loans are sources of additional demand for the products of the developed. The pressures on the movin g down of exchange rates of the borrowing countries will be stronger. Further, there will be strong pressures to make the developing countries bring down the import duties and to free domestic markets. Internationally, the point of worry is that major economies of the world are going through a major recessionary phase and are increasingly turning inwards in an effort to balance their domestic and international priorities. Thus, even they continue to preach the articles of globalisation and opening up to the world, they themselves are forming closed trading blocs, NAFTA, Paciffic Basic Trade Bloc, being a few such examples. Thus, there are both, opportunities and hurdles in the entire process. Whereas the domestic ones can be overcome by the necessary reforms,  the trade policies and structural movements towards opening up may be slowed down by the protectionist polices of the industrial countries. According to Uncial’s Trade and Development Report (TDR) 1997, the invisible hand (market) now operates globally and with fewer countervailing press ures. It has sounded out a wake-up warning to countries that their faith in markets and economic openness could be overwhelmed by political events, since evidence is mounting that slow growth and rising inequalities are becoming more permanent features of the global economy. The policy efforts of developing world should be accompanied by an accommodating global milieu. But, among the asymmetrie of globalisation is the fact that liberalization of the world economy has proceeded so far in a lop-sided way that tends to prejudice the growth prospects of developing countries by discriminating against areas in which they could achieve comparative advantage. Thus, liberalisation of trade in goods has proceeded more slowly in those sectors where developing countries are more competitive. Major trading blocs continue to protect their agricultural sector. New forms of protection against exports of manufactures from the South are being sought as a remedy for labour market problems in the North. While many curbs have been lifted on the freedom of capital and skilled labour to move where it is Globalisation of Indian Economy 35 Economic Reforms in India best rewarded, no attention has been paid to abolishing many restrictions on the freedom of movement of unskilled labour. Ultimately global efforts to help developing countries could still come to nothing if the slowdown in economic growth in the North is not reversed. For a return to faster growth, the policy of full employment is not only a pre-requisite for resolving the twin evils of high unemployment and increasing wage inequality in the North, but is also essential for defusing the threat of a population backlash against globalisation, which might put the gains of global economic integration at risk. Check Your Progress 2 1) Highlight the implications of globalisations for Indian financial markets. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 2) Mention three problems associated with globalisation. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 27.8 EFFORTS REQUIRED FOR GLOBALISATION While globalisation has arrived in the world, most organisations are still not ready for it. Yet, there is little doubt that to be viable during the next century, all organisations whether domestic or international, will need to become more global in their outlook, if not in their operations. The global organisation is a consequence to several new and sophisticated forces that have come to shape the world economy over the last decade. These are: (i) aggressive and massive financial accumulation and relatively free-flowing resource turner; (ii) well-defined and efficient communication channels; (iii) information transfer and control systems; (iv) technology development and application that seek both leading edge and low-cost product creation and production and clear recognition of the potential for mass markets, mass customisation, and (v) global trends. A joint industry-government working group set up by the Ministry of Commerce has recommended that the country should undertake corporate sector type advertising campaign in major international markets in order to improve the international image of Indian industry and goods and services. It suggested a two-step promotional strategy, beginning with a focus on image building for the country as a whole to combat its adverse image, followed by specific campaigns aimed at generating trade and investment flows. The expansion of  international trade and the rapid growth of products and services out of India will be enormously assisted if the image of India is improved by a special, sustained and co-ordinated effort by government and industry working together. Many developing countries like India do not have strong reputations. It is therefore imperative to build credibility among a targeted group of buyers and investors. 36 In this context, twelve different promotional techniques used by other countries have been advocated by the working group. These are: (i) advertising in the general economic media, (ii) participation in trade fairs and exhibitions, (iii) advertising in sector specific media, (iv) trade missions to select countries, (v) general information seminars on trade and investment opportunities, (vi) direct mail campaigns, (vii) industry or sector-specific missions to select countries, (viii) sector-specific seminars, (ix) firm-specific research followed by sales presentations, (x) provision of trade and investment counselling services, (xi) speeding up the processing of applications, and (xii) provision of post-investment and post-trade services. Moreover, while a host of bodies such as the Ministries of commerce, external affairs and finance, and several chambers of commerce are involved, there are no national coordinated efforts. Therefore, promotional work should be entrusted to an agency owned and funded jointly by the government and industry. However, it should function outside the purview of normal civil service rules and practices, should perhaps be a registered society, and â€Å"should be run as a non-governmental, private sector organisation with a work culture different from government†. It may be emphasised that the organisation must be staffed by multi-disciplinary professionals, drawn not from the government but from the private sector. â€Å"Essentially, a small, compact, fast moving group of people, led by a dynamic leader with task of promoting India internationally. As the international orientation of the Indian economy and Indian industry increase, it becomes essential for Indian industry to take ca re of details. Sustained efforts over a period, therefore, become necessary to build credibility. With this as the objective Confederation of Indian Industries  (CII) has drawn up a list of â€Å"Do’s and Don’t† for Indian industry to assist companies to deal effectively in international trade. In justifying the structural reforms that are being introduced in the Indian economy, the advocates of these reforms have brought the question of competitiveness to the centre of the discussion. Their argument runs as follows: The Indian economy needs to be integrated to the world economy. Globalisation requires that the Indian producers be competitive in the global market. It is only through these reforms that they can acquire the competitiveness and, therefore, the reforms are essential prerequisites for successful globalisation. Globalisation has of late become an objective in itself. This is both dangerous and ludicrous. Globalisation should not be considered a goal in itself and that it was merely a means to the ultimate aim of improvement of the economy. This s imple objective needs reinforcement among the experts if the avoidable pitfalls of an economy in transition are to be avoided. Transition is a word that triggers both unease and heightened expectations. It is very important for us to cope with the unease if we are to satisfy the heightened expectations of nearly a billion people. The strengthening of the internal economy was a pre-requisite for a globalising economy. Given the ultimate aim of globlisation and given the pre-requisite for a globalising economy, the ultimate aim of improving the economy appears to be both the means and the end. This simplification without the use of expensive-sugarcoated words is the right approach to addressing the unease and the positive expectations. The theoretical elegance of globalisation has its own attraction. It may help India to find some partial explanations for success and failure by systematically analysing the ability of a small set of firms to manage change. But India needs practical and profitable applications that would be relevant to the large set of firms and individuals. It needs consistent policies that can help to upgrade India’s position in international competition in a s ubstantial and enduring way. Towards this, India needs to find out what it is good at so that it can better achieve the best possible. The process of finding out what India and its firms are good at is yet to Globalisation of Indian Economy 37 Economic Reforms in India be put into motion at the national level and all the talk about globlisation is at best wishful and premature. Globalisation requires both static efficiency and dynamic efficiency, more of the latter than the former, and India is at a stage when it is unsure of economy’s static efficiency. A nation that is unsure of static efficiency is least equipped to pay for the dynamic extra options that are essential to guarantee success. The power blackouts in the states are an example of unsure, unreliable static efficiencies. Check Your Progress 3 1) Mention five new forces that shape the world economy. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 2) Mention a few promotional techniques that need be adopted by India. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 27.9 LET US SUM UP India ought to know what it is good at before embarking on what it needs to be good at in order to reduce the unease and sustain the expectations of a prosperous future. A prosperous future is predicted on the competitive  advantage of firms in all sectors of the economy. The basis of competitive advantage in many sectors and industries, each seemingly distinct, depends on a set of critical elements common to a range of sectors. The set would obviously include transportation facilities, trained labour, energy, education and health. This set is indisputably at the heart of the economy. Its static efficiency needs to be improved. This is a prerequisite for sustaining and expanding the technical possibility set. Globalization would then be a clinch. â€Å"Behind the cost of production of every commodity, there is a story. It may be a story of innovation, technical progress and modern labour process, or it may be one of sweated labour, primitive labour process and pollution. By putting a price sticker on all commodities, the market suppresses these stories, and thus hides more than it reveals. It is like one of those dark nights in which all horses appear gray. No country today can live behind closed doors. Third world countries therefore must globalise. But while attuning the economy to the needs of the global market, it should be kept in mind that globalization does not generate the process of development, it is the latter that leads to, and in turn is reinforced by, successful globalisation. Unless the process of development which is basically a highly localised process – successfully triggered off, globalisation may lead to the classification of the structure of underdevelopment, instead of causing its dissolution† (Kalyan K. Sanyal, 1993). 38 It is interesting to note that the Nobel Laureate Professor Amartya Sen support   removal of government control over industry and commerce and even endorses globalisation provided welfare is not ignored. He admits unhesitatingly that with the initiation of the right kind of policies, globalisation would secure more prosperity. Globalisation of Indian Economy 27.10 KEY WORDS Backwash Effects: These operate where the economic growth in one region of an  economy has adverse effects on the growth of other regions. Common Market: An area, usually combining a number of countries, in which all can trade on equal terms. Exchange Rate: The rate at which one currency may be exchanged for another. Financial Capital: The liquid as opposed to physical assets of a company. Public Utility: Essential good or service like power, gas, transport etc. A company or enterprise, which is the sole supplier of some of these essential goods or services and is, in consequence, subject to some form of government control. Trade Blocs: Association of group of countries for safeguarding their interest visà  -vis other non-member countries, like European Union (EU) and North America Free Trade Agreement (NAFTA), ASEAN, APEC etc., are some of the example of such trading blocs. Members of these trading blocs have eliminated all barriers to trade amongst member countries. The 15 members of EU have created a single internal market. 27.11 SOME USEFUL BOOKS Bhalla, G.S. (1995): Globalisation and Farm Policy (Presidential Address delivered at the 54th Annual Conference of the Indian Association of Agricultural Economics at Kolhapur) Business Line, January 12-27. Brahmananda, P.R. (1993): Global Economy, Plea for Realistic Scenario, Financial Express, December 30 & 31, January 1, 1993. Chandra, Nirmal Kumar (1995): China’s Tryst with Globalisation, Economic & Political Weekly Jan.28. Chugh K.L. (1992): The Role of Corporation in the New India, speech at the 81st Annual General Body Meeting of ITC Ltd., Observer of Business and Politics, August 10. Dhingra, I.C. (2000): The Indian Economy : Environment and Policy, Sultan Chand & Sons, New Delhi. Kumar, T. Krishna (1996): Management of Development in the Newly Emerging Global Economic Environment, Economic and Political Weekly, June 22. Malhotra, R.N. (1989): Globalisation of the International Economy and its Implications for Developing Countries in Asia, Reserve Bank of India Bullet in, October. Narasimham. M. (1989): Globalisation of Financial Markets in India, Exim Bank Commencement Day Annual Lecture 1989, Mumbai. 39 Palkhiwala, Nani A (1995): Making Indian Industry Globally Competitive, Forum of Free Enterprise, Mumbai, May-June.