Planning Is the Best Way to Improve the Quality of the Environment Essay

There is no agreed definition of ‘environmental planning’; most studies have had an arduous job in trying to meet a description for it as the environment covers a wide range of issues. In one sense, all Town and Country Planning is concerned with the environment. (Cullingworth & Nadin, 1997, p163) But as the issue of environmental concerns have risen up the political agenda a number of non-planning organisations have had an increasing role to play. It must be noted that the role planning in the environment is not a new instrument in its protection; The Clean Air Acts of 1956 and 1968 prohibited the emission of dark smoke, in an effort to improve environmental quality. This essay intends to discuss the main instruments use in the contemporary planning system in the UK, which are handed the task of protecting and improving the environment. It begins by briefly outlining the reasons why planning is used for environmental protection and its new role in promoting sustainability. These objectives are highlighted in recent government papers and are explored in the objectives outlined in LA21. The next section reveals how the planning system might be seen as failing these objectives and its shortcomings by a brief comparison with other nations, thus providing conclusions for the suitability of planning as the best way of improving environmental quality. The United Kingdom’s Town and Country Planning system is the framework within which the development and use of land is determined. It provides a structure within which economic, social and environmental considerations can be weighed to help secure sustainable development. (DETR, 1996) Planning has been illustrated as the main advocate in achieving sustainable development; it is placed with the task to guide suitable development within a sustainable context via its development control methods. This seems an obvious choice as the framework within the UK planning system is already in place to successfully implement policy on sustainable development, throughout all levels of government. Traditionally the Town and Country Planning system in the UK has had a pro-development bias, it is argued that in order to improve and maintain the environment, planners have to alter this ethos to accept greener issues. What has always been apparent within the realms of environmental planning is the major role that politics plays. Indeed Britain’s reluctance in environmental concerns was partly due to the conservative regimes of promoting a market-led economy, free of state intervention, it was not until the 1980s that the ‘environment’ rose up the political agenda with the potential of being a major vote winner. Before which, it was argued by Thatcher that environmental planning had be taking place for some years via the planner’s use of material considerations. The Conservative government took a dramatic u-turn and its views on state free from intervention were quashed as it accepted the terms outlined in 1992 Earth Summit. The conference held in Rio de Janeiro, Brazil, hosted talks for one hundred and fifty nations, it was at this conference where sustainability found a structure, in Agenda 21. The following section discusses the issue of sustainable development and its implementation through Agenda 21, outlining the responsibility of the UK planning regime to enhance and protect the environment. Sustainable Development & Agenda 21 It is argued that the UK Sustainable Development Strategy should be viewed as providing the guiding principles for environmental planning in the UK. Sustainability is seen as one of the main advocates for providing planning policies that protect and provide quality environments throughout the UK. It is certainly true that the issue of sustainability is a concept that surrounds environmental policy. However its large adoption since the resurrection of green issues in the 1960s has lead to is its overuse and ambiguity. The term has become a symbol of environmentalism in contemporary politics. Governments, academics and environmental groups have tried to attain an answer as they continue to commit to sustainable policy. It is hardly surprising that the idea of sustainability has encompassed a number of differing views, one of the most famous ideas is included in the 1987 Brundtland Report: Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs. ’ (as cited in Cullingworth & Nadin, 1997, p164) However the issue of sustainable development became a reality in the creation of Agenda 21, in Rio, 1992. This marked a comprehensive world programme for sustainable development in the twenty-first century, and the adoption of a wide degree of public participation. In the UK this is organised at central and local government levels. The former resulted in the Sustainable Development Strategy of 1994. At the local level, Local Agenda 21 (LA21) calls for each local authority to prepare and adopt a local sustainable development strategy. LA21 provides an opportunity to promote and maintain environmental quality at a level where the public can immediately feel the effects. It is essential that LA21 is a process by which the public can get involved in environmental issues affecting their immediate area, thus educating the population in the concepts of sustainability. LA21 is the process of drawing up and implementing local sustainable development plans, with the local authority working in partnership with citizens, local organisations and businesses to achieve this. (RCEP, 1999, p7) LA21 intentions are not purely environmental; sustainability includes social and economic issues that cover the community as a whole in an effort to build a consensus between people, rather than the traditional, confrontational ways of working. Once goals are sought, progress can be made and evaluated, by measuring progress. However the UK government could be criticised for being a little slow to respond to the issues outlined in Rio, the guidance for local authorities was issued in 1998. It came in the form of the good practice guide on Planning for Sustainable Development, from the DETR. In 1999 Labour introduced a new strategy for sustainable development, entitled A Better Quality of Life, it highlighted four key principles: 1. Social progress which recognises the needs of everyone 2. Protection of the environment 3. Prudent use of natural resources 4. Maintenance of high and stable levels of economic growth and employment (DETR, 1999) However the guidance has been criticised for its lack of strategic vision, as it sets no quantitative targets or timetables. This is highlighted in the notion that it is a very broad document, as there is a need to secure the approval from other Ministries in order to initiate new policy commitments. (UWE, 2000) Problems of the planning system in protecting the Environment Advisory bodies have promoted the need for target-led planning for a number of years. The term objective-led planning is aimed at broader strategic goals, e. g. Improving air quality, whereas target-led planning relates to more specific goals, e. g. Ozone levels not exceeding a certain concentration over a specified time period, as in the case for the inner London Boroughs. However there is still reluctance by government to set concrete targets in some sectors or areas at national level. They prefer to leave it up to the lower tiers of government, which can often cause considerable strain, e. . Meeting housing targets. However target-led planning is slowly becoming the norm for many local authorities as they implement their plans. They usually involve targets for the protection of sites, air quality, waste recycling etc. Central advice is starting to emerge, referring to the advice outlined in the DETR’s Planning for Sustainable Development: Towards Better Practice, 1998; here it noted that guidance on sustainability should contain specific targets, which could be incorporated into RPGs. It is these relationships between national and local objectives which will need to be observed closely in the near future in order to determine how different interests are integrated in the final production of plans. In many areas, there needs to be a greater range of targets, with clear strategies for their implementation. The problem is that plans remain plans unless they are implemented and with only 30% of all local authorities having theirs in place in 1998, sustainable policy will remain unactioned theory. DETR, 1999a, p2) It is vital that the plans are implemented in order to set realistic targets. Environmental planning in the UK is currently in a period of significant change. This is at all levels and across many issues. The number of plans, strategies, begin produced today is far greater than at any previous period. This is partly the result of extensive criticism over many years from the lack of planning in areas; most of it derives from EU or international developments (80% of all UK environmental policy originated in the EU). Plans have been advocated as being the primary source of reference in determining sustainable objectives that improve the quality of the environment. Environmental plans have subsequently grown considerably from local authorities, government agencies and ad hoc groups, which has brought together different issues. The number of plans should not be seen as a problem, the important issue is whether their development is co-ordinated and to what effect decision-makers implement them. As we near 2002, the next Earth Summit will ask questions of LA21, as the UK councils are getting ready to launch their plans. However work has already begun on Community Plans, which outline strategies for the well being of the local area and its people, again all councils are required to produce these. In aim they’re very like LA21, it is not clear how the two will connect together. In some places the LA21 is acting as the first draft of the Community Plan, which has advantages and disadvantages. In other places completely different teams of officers are developing the Community Plan, and there’s no guarantee of any connection between the two. It seems obvious that the people who took the trouble to have an input into the LA21 process will want to see some action come about as a result. Another concern is that Community Planning doesn’t have the connection to the global picture that LA21 has built in. As environmental issues have become more complex, ways have been sought to measure the impacts of development. Environmental Impact Assessment (EIA) is a procedure introduced into the British planning system as a result of an EC Directive. EIA provides a powerful tool for aiding planning decisions; it has highlighted questions on the technical understanding of the environment and the availability of relevant information and skills. EIA needs to be able to subjectively demonstrate its understanding of development with their effects on the environment. The education of planners and access to environmental information is essential in making sense of the answers. Recent studies have shown that the UK does not have the extensive requirements for environmental assessment as some of its European counterparts. Sweden and the Netherlands have quite stringent regulations on the environmental assessment of its planning applications, New Zealand in particular requires all planning applications to have an environmental impact assessment statement. (UWE, 2000) This illustrates the differing views on sustainable objectives; countries such as Sweden and the Netherlands have interpreted it in terms of very specific principles, whereas the UK has applied a plethora of general statements, which incorporate the environment, economic and social dimensions of sustainability. However there is an overall general recognition from European countries towards the need for a more comprehensive view of planning. The importance of planning is perhaps best highlighted by looking at those nations which have a relatively weak framework; the USA system adopts a vary degree of influences, to the extent where it is difficult to identify any particular ethos. Major influences arise from the roles of non-governmental organisations and the US courts. It is worth noting that the USA has been one of the nations who have struggled to attain sustainable objectives. Is the UK planning system the best way to improve the environment? The UK needs to gain a greater understanding of sustainability and environmental protection and the implications for the operation of environmental planning. It seems that there are clear holes in national strategic planning, which have left the decisions to the lower tiers of government. Part of the reason could be the UK’s fairly complicated legislative framework, which perhaps needs to be simplified to allow for greater integration of environmental planning. IEEP, 1999, p60) This rigidness is reflected at all levels, but is particularly noticeable in local government where professional officers now have to understand the large scope of environmental policy, whilst adapting from an ethos of development led planning. Another factor is that senior planning officials may lack the environmental expertise needed to review planning applications. A issue accentuated by the fact most environmental data is presented with in-depth scientific knowledge, planners often have to sub-contract these aspects of an application to environmental experts. This is accentuated by the fact that pressure from central government to reduce the time taken to process planning applications may well conflict with environmental assessment, which invariably is a lengthy process. Criticisms of planners originate from the political nature of their profession. The key principle to maintain is the fact that the final decision rest with Politicians, planners have to remain the professional advisor, therefore the power to govern the land environmental will always remain in the hands of a political advocate. In reflection, planning in the UK has had a range of powerful tools that can effectively govern the environmental implemented in recent years. The main stimulus cannot be attributed to the national government, who have largely been apprehensive if not hostile in their approach to environmental policy. The spread of environmental concern is a direct result of public and international pressure; consequently governments have had to respond. The environment’s direct conflict with development has ensured that action has filter down to planning systems, which can effectively govern and control evelopment. The huge task of ensuring sustainable objectives is thus left to the local authority via the guidance from regional and central government, however the vagueness of which, means that LA21 objectives will vary greatly. This uncertainty has ensured that local sustainable development plans have been slow to be implemented. This is accentuated by the government’s reluctance to establish target-led planning, which could provide a valuable insight on how to tackle sustainable objectives head on. Therefore the issue of planning as the best means to improve environmental quality does represent an insincere statement. Planning is certainly a powerful tool in environmental protection, which is perhaps not being utilised to its fullest extent, but it will always have a heavy political influence. The growth of agencies outside the planning regime such as the Environment Agency can help ensure that environmental quality is maintained.

Books can change our lives Essay

Books significantly impact and shape our lives as it can provide a vast and constant amount of knowledge that we can use in a variety of ways. They are also essential tools in education as they serve as permanent references for individuals who constantly need to educate or update themselves with information. In addition, certain books can also serve as a form of relief from the stresses of daily life by bringing us to different worlds and places that exists only in the imagination. One of the most important uses of a book is that it provides information. Whether it’s simply a basic chemical formula or equation, an economic principle, or a history of a certain country, a book can provide them all. A book on English, for example, can teach us the proper norms of grammar, pronunciation, and also widen our vocabulary, which can all be useful as we grow up and become professionals in our respective fields. Furthermore, in the field of medicine, books serve as important references for doctors and other health personnel as there are constantly new diseases and cures that are being discovered. These professionals in the health field can utilize the valuable information they obtain from a book in various ways such as diagnosing a patient’s disease or looking up a possible treatment for a certain illness or ailment. In other words, the next scientific or medical breakthrough can be found in a book. Books can also enrich our knowledge of our own culture and background. Through a good history book, we can trace how our founding fathers established our country or how the Bill of Rights was created. In short, books that provide facts and detailed information can greatly improve our intellectual capacity as well as our ability reasoning and analytical skills which we often use in our daily lives. Another way that a book can change our lives is that it inspires and feeds our imagination. This kind of book is usually in the form of fictional novels, plays, and rich literature that can take us to places we never thought we could go to. Whether it’s marveling at the works of Shakespeare, unraveling spooky mysteries with Stephen King’s novels or simply taking a stroll with the pilgrims in Geoffrey Chaucer’s The Canterbury Tales, books that are rich in literature and creativity can inspire us to create a world similar to those that we have read about. Moreover, these kinds of books provide deeper meaning in life by showing various sides of art and various interpretations of human life. These books can also give us different perspectives in life and can even motivate us to use and express our creative skills by writing books of our own. However, the most significant way that a book can change our lives is that the information that it provides can be shared to other people. This information can enlighten those who are confused and enhance the knowledge of those who are already well-informed. Sharing the information found in books, especially to the uneducated, can inspire them to work hard and eventually provide a better life for themselves. For example, it is possible that a relatively poor man who constantly reads good books can eventually obtain a college degree simply because he used all the information he acquired from the books he has read. It can then be said that reading books and sharing the information obtained from them can immortalize us in a way as the knowledge we posses is passed down to younger and future generations. In conclusion, books can change our lives by simply providing us with in-depth information, sources of inspiration, and valuable knowledge that we can use to continuously hone our skills and talents and eventually become better people. Books can make us the next Nobel Prize Awardee, the next CEO of a major corporation, or the next award-winning writer in the future depending on how we use the information we acquire from them. In short, it can be deduced that books are almost a necessity for us to succeed in life and become highly competent and well-rounded persons.

Presented as a Journal opinion article Essay Example | Topics and Well Written Essays - 750 words

Presented as a Journal opinion article - Essay Example These for sure interests and attracts the Wall Street Journal readers. To start with, proper shelter is one of the fundamental needs of people. This in some cases is not the case as many people lack proper shelter due to certain conditions like poverty, drug addiction among others. The price of houses in America has rapidly gone up leaving many Americans to afford the set home prices. However, the house prices may reduce a little bit during their bubble peaks but still high costs affect Americans during this period (Izzo Web). Accordingly, mortgage rates have also increased recently leaving Americans with no choice but to cope with the situation. Arguably, about half of the population is not married, about 40 percent of children are born out of wedlock, and the number of working women and working men are closely related. Joint filing does not really matter nowadays in serving the social objectives as majority of the Americans are driven by individualism. In this case, â€Å"reframin g the tax to various families will assist in solving certain problems and at the same time create more† (Izzo Web). Those dealing with tax operation should therefore be concerned with the social change in the society, and we can as well argue that the power of the yield curve for future growth has risen. Another burning economic issue that is of interest of the Wall Street Journal readers is based on the relationship between the cities and the entrepreneurship. People are very interested in cities and their role in promoting startups to facilitate the nourishment of entrepreneurship. The creating and growth of business activities continues to diminish for some time now. The question that many Americans ask is; what in particular the American cities can do in order to support the home-grown businesses? (Casselman Web). The fact is, the cities cannot devote their full support to the business as most American economists argue that the government has the capability to protect, sup port and promote entrepreneurship and maintain the nourishment of these businesses. However, entrepreneurial cities also share qualities like â€Å"access to smart capital, the availability of role models, and a mix of large and small businesses† (Casselman Web). All these qualities are very significant in the growth of American businesses. The last pressing economic issue currently is unemployment and the job openings. Although the U.S has been working hard on how to recover economically for about four years now, the issue of unemployment still prevails but not as it were before. In April 2009, for every job opening, there were three Americans ready and willing to go for the job and work (Cronin Web). The situation got worse in July where there were six people going for the available opening job. The job market faces difficulty of meeting the needs of many jobless people. With many jobless Americans willing to work, the job openings have reduced making it difficult for the m arkets to absorb all of them. However, reports have indicated that the hiring rate has increased tremendously even after the job opening reduced (Cronin Web). In a nutshell, whenever there is a challenge in the economy of any state, there has to be consequences and in most cases negative ones. High cost of living, unemployment and reduced business activities are some of the negative impacts posed by poor economy. Stiff competition among the job seekers any available job opportunity is

New product development and product innovation charter Essay

New product development and product innovation charter - Essay Example Therefore, a white product manufacturing company must understand that technological advancements are the key to success in the market (Avlonitis & Papastathopoulou, 2006). 1. a) Product innovation charter entails product planning and strategizing prior to its development. PIC charter summarizes all the necessary tools that a company’s development team should draft to come up with new products. The charter ensures that a product developed under it targets to achieving the company’s goals and objectives. Thus, the specialists must abide to PIC if they target to ensure their development is for the best of the company once it is in the market. It enables the team to set the product’s objectives in accordance to sales forecasts. A product will product will be of critical importance to a company if only it will draw positive attention from the consumer markets, as this is the only way of improving sales margins (Annacchino 2007). Similarly, sales should be profitable t o the company at the long run as far as the company is a profit making organization. Further, a significant development is that which enables a company acquire a higher market share relative to its previous one. Managers and product developers should focus on improving the market share competently and profitably (Avlonitis & Papastathopoulou, 2006). b) Every company has a mission and vision in its business field. Therefore, to come up with the best results of every innovation, the team should consider the goals and objectives of the company. For example, if a company’s mission is to enhance economic growth and customer satisfaction, the new product should entice the consumer to feel closer to the company and on deriving satisfaction from his purchase, will mean profitability to the business. Since perfect market competition is a rare case, a brilliant innovation will enable the company to grow in the market and undermine competitive threats. Eventually, a company shall pose a positive image to the society and other business affiliates if only the charter refines its image through healthy innovations (Karniel & Reich, 2011). c) The challenges that come with every innovation are as well overwhelming. Managers should understand that product charters only reveal prospects and not certainty. The criterion often tends to control development teams to operate within distinct procedures. Therefore, the team may develop a product that suits specific needs. This results to reduction of sales prospects, profitability, and market segment. The company finds realizes to be loosing worth an investment to a nonperforming product. It is advisable that companies should endure on practicing the best details a product innovation charter can offer in relation to the company’s goals and objectives (Karniel & Reich, 2011). 2. a) The key factors to that influence companies to concentrate in new product development programs are diverse. Companies find that all markets pos e competition and to ensure co-existence they must come up with products that place them above per. Other companies seek to maximize profits and after careful revision of the products that they already offer in the market, they realize the need of a new product that will profitably benefit the company in its operations. Companies notice that, whenever new products hit the target market profitably economies of scale reflect positively, and the rate of growth draws a positive view from their affiliates (Avlonitis&

Risk Management Essay Example | Topics and Well Written Essays - 250 words - 3

Risk Management - Essay Example These risks are then incorporated in the bones of the â€Å"fish† (Lin, 2009). This is effective as it assists the person carrying out the analysis understand the critical threats that exist and thus work to eliminate all the risks starting with these ones. This method is effective in reducing the running costs because there is the prior identification and elimination of the risks. There is also the qualitative risk identification and assessment. In this, there is the red light and green light rating where there is the analysis of the risks that will have the greatest impact. After this, there is the analysis of the major project objectives where there is then the changing of the various features regarding the goals where they can be altered (Lin, 2009). This is helpful in that it reduces the amount of defects that may occur. Urgency assessment in identification assists in understanding where along the project continuation the risk may occur. Scheduled delays are the ones best resolved through this method of risk identification and

Sex addiction Essay Example | Topics and Well Written Essays - 2000 words

Sex addiction - Essay Example gh sexual dysfunction (problems that interfere with the ability to have sex) are often seen as a greater psychological problem, sexual addiction is a dangerous disease that can destroy the lives of individuals, their families, and their friends. Fortunately, like all addictions, help is available. Nobody has to live their life suffering the pain and shame of a sexual addiction. Sexual addiction may comprise a wide range of compulsive sexual behaviors. In some cases, it can be filed under paraphilia, if the addiction involves â€Å"recurrent, intense sexually arousing fantasies, sexual urges, or behaviors generally involving 1) nonhuman objects, 2) the suffering or humiliation of oneself or one’s partner, or 3) children or other nonconsenting persons† (DSM-IV, 2000, p. 566). Statistically speaking, â€Å"paraphilias are considered rare, affecting only a small percentage of the US population. Researchers have a difficult time trying to determine a specific percentage of involved individuals because many of the acts are illegal and reporting methods typically are unreliable† (Bellnir, 2005, p. 328). This is the case for any kind of sexual disorder, because the stigma involved with sexual problems prevents many people from discussing their problems or seeking help. Usually when we talk of sexual addiction, we are referring to behaviors that involve compulsive sexual acts, most likely with a variety of partners, particularly when the sexual behavior has the nature of upsetting the person engaging in it, or otherwise negatively affective his or her life (even if they cannot admit the problem). The DSM-IV categorizes sexual addiction with other miscellany at 302.9 Sexual Disorder Not Otherwise Specified. Squeezed between feelings of sexual inadequacy and unhappiness with ones sexual orientation, it is succinctly described as â€Å"Distress about a pattern of repeated sexual relationships involving a succession of lovers who are experienced by the individual only as things

From London Riots to Pussy Riot To what extent western societies' Dissertation

From London Riots to Pussy Riot To what extent western societies' Liberal Ideal today misinterpret the idea of 'righteous' Civil - Dissertation Example Such is the case with Western reactions to the rulings and events surrounding recent riots in London and in Russia. Many times judgments of events of this magnitude are made lacking a clear, complete understanding of other cultures. Yet, these same critics rationalize extreme acts of retribution within their own societies. This paper will examine these misconceptions based upon the rulings on the cases of the London Riots and the Pussy Riots in Russia. The objective is to underline how acts of ‘Righteous’ Civil Obedience are misinterpreted by Liberalists who do not appear to possess a full understanding of foreign cultures in this respect. Table of Contents List of Illustrations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦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 Chapter 1 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‚¬ ¦.4 1.1 Righteous Civil Disobedience†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..6 1.2 Liberalism to Terrorism†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.7 1.3 The Riots 8 Chapter 2 Statement of the Problem 11 2.1 Hypothesis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.â₠¬ ¦Ã¢â‚¬ ¦..11 2.2 Scope and Limitations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦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 3 Literature Review 12 Chapter 4 Case Study: Western Criticism 18 4.1 The Verdict 22 Chapter 5 Discussion and Conclusion 26 5.1 Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.28 Works Cited 30 Appendices List of Illustrations Figure 1†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Cover Page Photo: Cathedral of Christ the Saviour. Moscow, Russia; Bell, A. (2004). Byzantine Cathedral Figure 2†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦London Police Riot Photograph; Martes, A. (2011). La gran tragedia de robos y asaltos en Londres, Manchester, Liv erpool y Bristol, no es exclusividad britanica Figure 3†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.Statue of Liberty Photo; JMG. (2013) Statue of Liberty Photograph. Jolted Media Group. Figure 4 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.Arrest of Garry Kasparov; Stewart, W. (2012). Former world chess champion Garry Kasparov dragged away from massive protest as Russia jails Pussy Riot trio for two years for hooliganism in 'show trial'. Figure 5†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Excerpt from PR song Punk Prayer; Berger, R, (2012). Pussy Riot Sentencing: Can't Jail Female Fur. Huffington Post. Religion. Chapter 1. Introduction On the Eastern side of the world, the word for the day has been ‘riot’. In north London, a 29 year old man was killed by a policeman during Operation Trident, an investigation of illegal weapon activity in London’s black community (Stringer, Satter, Culp, Selva, & Wilson, 2011). The man was said to have gang affiliations and was involved in gun activities. The incident sparked explosions of rioting and violence, as Londoners destroyed property across the city in outrage, causing massive damage and fatalities amongst the public and the London police force. Press releases that dispelled the defense that the deceased, Mark Duggan, was armed and had fired a weapon at the London policeman fuelled a fire that desecrated the city. As buildings burned and potential targets ran for cover, the heart of London was being irretrievably broken. Approximately 1500 miles away in Moscow, a group of Russian Lady Gagas were charged with

Ashputtel Essay Example | Topics and Well Written Essays - 750 words

Ashputtel - Essay Example These characters, especially the ones in fairy tales, were made to stir imagination and provide some relief to suffering by their inspirational portrayal of roles and human attributes or emotions that reflected the reality with which people were deeply attached so they could well relate to the human needs. With fictitious yet meaningful story, Ashputtel has since endured to embody a model that everyone can follow to find comfort from state of domestic oppression knowing that as long as one remains humble despite numerous cruelties, there would be blessings in the end. Most of the young people particularly the rural folk girls had admired Ahsputtel while she represents the importance of obeying to parents. Though meekness and innocence are rare and somewhat are unrealistic traits, Ashputtel provides an impression that the rich of the mid-19th century society in Europe were capable of doing good. Her character as a rich motherless girl whose privileges are taken and exploited by the tw o wicked stepsisters and their mother plays a role of ideal kindheartedness. Brothers Grimm might have intentionally made Ashputtel incapable of defending herself out of all the good she does to justify the magic or miraculous gifts which she deserve eventually after all her sufferings. This may sound exaggerating but it worked during the early times to change people’s way of thinking for the better to help them view that the continuing hardships due to absence of justice would make them get a remarkable destiny. The modern world however is too transformed to consider going after the past approach into the present circumstances of people. Even children nowadays are capable of forming independent ways by which to learn and cope with practice of values that are rather revolutionary compared to how a young individual should envision his or her development by following examples shown by Ashputtel. Ashputtel’s moral had certainly taught the 19th century world simplicity and values that were important for building one’s character out of pure politeness during times of inhumanity but this idea needs to be turned into something fit for humans of the 21st century. The original lesson which Cinderella brought to inspire many of different levels of the older society is weak in the sense that an increasingly postmodern situation could not afford to tolerate defenseless behavior in the same way that it would not shield an individual from its harsh realities. A person who acquires Ashputtel’s nature runs the risk of coming out unable to become dynamic and independent. With low self-esteem, such individual is not likely motivated to stay hopeful like Cinderella does and this all the more permits opportunists or the vicious ones to abuse the use of authority and take advantage of the weak for not being able to express themselves properly. If Ashputtel’s lesson were to apply itself to the current way of living, the stepsisters must not have g iven into the bloody cutting of their toes since the new Ashputtel would have managed to help them change hearts from bad to good through the process of fighting for her rights. At this age, people in general should still be served the same encouragement of gaining knowledge in literature as of old days and not be deprived of relishing literary pieces that have

Health of the Aging (CASE) Module 1 Coursework Example | Topics and Well Written Essays - 500 words

Health of the Aging (CASE) Module 1 - Coursework Example These reforms create cost-sharing and premium subsidies, create new markets for purchasing of health insurance, and develop new rules that would govern health insurance and the involved industry (Rosenbaum, 2011). The second element that has an impact on the elderly involves ensuring accessibility of the populations that are medically underserved to primary health care. Due to the elevated health risks involved with the elderly, they remain underserved in the society, thus prompting for the need of establishment of a system that will provide utmost care for them. The provision of long-term care has a direct impact on the elderly as most of the elderly individuals suffer from chronic illnesses such as diabetes among others, which require lifetime management (Rosenbaum, 2011). The intent of the Health insurance coverage reforms is to establish standards that guide insurers to mitigate the discrimination that initially existed against older people and other highly vulnerable groups including women and children (Rosenbaum, 2011). As such, this element bans the annual coverage limitations, use of conditions already in existence and prolonged waiting periods. On the other hand, the intent of improving the accessibility to primary health care is to mitigate the shortage in health care professionals, who provide primary health care. This can be achieved through investing in the development of the community health centers and the establishment of the National Health Service Corps. Lastly, the intent of the long-term care initiative is to protect the families of individuals who are terminally ill from becoming bankrupt through the establishment of Medicaid options that facilitate community-based care (Rosenbaum, 2011). The Patient Protection and Affordable Act is likely to lead to low access to Medicare for the older adults in the long term given that it mandates Medicare payment reductions. As such, funding cuts on the involved services have a direct

The Similarities and Differences Between Hemodialysis and Peritoneal Dialysis Essay Example for Free

The Similarities and Differences Between Hemodialysis and Peritoneal Dialysis Essay Many individuals are diagnose with kidney disease each year, and some individuals face a difficult situation concerning the possibility of doing dialysis, and choosing what type of dialysis treatment is right for the individual. Both Hemodialysis and peritoneal dialysis give patients the quality of life. In contrast both procedures are done differently, Hemodialysis patients are dependent, and peritoneal dialysis patients are self-sufficient. In comparison both removes waste from the bloodstream; however, both procedures are beneficial to treat kidney disease. Hemodialysis is a common procedure that removes waste from the bloodstream in patients’ whose kidneys does not function properly. The hemodialysis procedure consist of using a machine called the dialyzer, and the patients’ own veins, which is often called a fistula, to transfer blood back and forth from the dialyzer to the patients’ arm. However; because the fistula takes approximately six weeks to heal, patients often get a Vortex Graft placed, a Vortex Graft is plastic tubing placed inside of the patients’ vein most patients can use their graft in two to three weeks; However; there are some patients who have to start dialysis immediately; therefore, a Tunnel Catheter is placed, a Tunnel Catheter is a long flexible tube surgically inserted in a large vein in the neck, for immediate dialysis use. Patients often do hemodialysis three days a week, every other day. Most patients’ dialysis treatment runs approximately three to five hours each day, depending on what type of access they have. The day of their hemodialysis treatment, patients weigh themselves at the center and prepare to be seated to start their treatment. The dialysis technicians prep the dialyzer before the patients are ready to start dialyzing. The dialysis technicians take the patients’ temperature and blood pressure before the patients are seated. The dialysis technicians cleans the access site and make sure the site is working properly. Dialysis technicians have to follow a certain protocol when putting dialysis patients on for their treatment. Therefore; patients and technicians wear face mask to keep from cross contaminations of blood and germs. More often; dialysis technicians change gloves throughout the treatment session. The technicians’ monitors the patients’ blood pressure throughout the dialysis procedure, because patients run a risk of their blood pressure getting too low; dialysis technician may have to administer saline solution to bring the patients’ blood pressure back up to a normal range. The dialysis technicians log the patients’ blood pressure throughout the dialysis session. Once the patients are done with their dialysis session, the technicians take their temperature, blood pressure, and make sure their blood pressure is at a normal range before letting the patients leave their chair, once blood pressure is at a normal range; patients weigh themselves, and the technicians log it into the computer. Hemodialysis patients rely on their dialysis technicians for their dialysis treatment needs. In addition, hemodialysis patients run into risk associated with taking hemodialysis. One of the most common risks is clotting of the arteries in the arm. Most of the time patients are sent to a nearby hospital to see a vascular surgeon to have to clot removed. Often the clot can be removed, and the patients can return the next day to restart their dialysis treatment; however, there are times when the clot cannot be removed; therefore patients have a temporary tunnel catheter placed. Tunnel catheter is only placed temporarily placed until the surgeon can either fix the clotted arties, or place a new fistula. Tunnel catheter is the primary cause of most infections in hemodialysis patients and is one the primary reason for hospitalization of hemodialysis patients. Hemodialysis patients often drink too much fluid and in result have to pull off more fluid; therefore, their blood pressure may get too low. When hemodialysis pulls off excess fluid it also pulls off potassium, and patients may experience severe cramping. Furthermore, hemodialysis patients follow a diet called â€Å"The Renal Diet;† patients have to eat foods; low in sodium, low in potassium, and low in phosphorus. Most patients on hemodialysis have a fluid restriction, normally; the fluid restriction is about four cups of fluid a day or six cups a fluid a day. Hemodialysis pulls the protein from the patients’ body; therefore patients have to eat a high protein diet. On the contrary, peritoneal dialysis is a common procedure that removes waste from the bloodstream in patients’ whose kidneys does not function properly. The peritoneal dialysis procedure consists of using a fluid called dialysate, and a catheter; the catheter is placed in the abdomen of the kidney dialysis patients. When patients do peritoneal dialysis the dialysate solution is placed in the abdomen of the kidney patients and sits there for up to four hours; the hours the fluid sits is called the dwell time. Once the fluid has sat for a while the kidney dialysis patients exchange the old dialysate solution with new dialysate solution and start the whole process over again. Peritoneal dialysis can be done in two different ways; Automated Peritoneal Dialysis and Continuous Ambulatory Peritoneal Dialysis. Automated Peritoneal Dialysis is done while the kidney dialysis patients are asleep and Continuous Ambulatory Peritoneal Dialysis is done every four hours approximately five times a day for 30 minutes. Patients who do peritoneal dialysis do it in their own home. Before starting peritoneal dialysis patients are properly trained by a nurse for three weeks. Patients must be able to do own treatments once training is over. Peritoneal dialysis can choose what time a day to do their treatments, and what type of peritoneal dialysis treatment they prefer. Patients must order supplies each month and must have adequate amount of space to store supplies. Typically, patients start the day off by taken their blood pressure, temperature, and weight, and log the results. Before patients start a peritoneal dialysis treatment; patients close doors, window, and clean table with disinfectant. Patients’ then gather supplies for treatment, put on a face mask, and clean hands and exit site. Patients then hook themselves up and began exchanging fluid, after done with treatment patients properly dispose of waste and enjoy the rest of their day. In addition, peritoneal dialysis patients run into risk associated with taking peritoneal dialysis. One of the most common risks is an infection called Peritonitis. Peritonitis is an infection of the peritoneum; a peritoneum is the lining of the abdominal that forms a sack. Most of the time patients are given antibiotics to eliminate the infection. Peritoneal dialysis patients can develop a hernia; a hernia is a tear of the wall where an organ sticks out; therefore, patients should not lift heavy objects. Patients may experience bloating, constipation, weight gain, fluid overload, and dry skin associated with peritoneal dialysis. Furthermore, peritoneal dialysis patients follow a diet called â€Å"The Renal Diet;† patients have to eat foods low in sodium, low in phosphorus; however, patient can eat a potassium rich diet, because they dialyze every day. Some patients on peritoneal dialysis have a fluid restriction; however, most patients who do peritoneal dialysis do not have a fluid restriction, because they dialyze every day. Peritoneal dialysis pulls the protein for the patients’ body; therefore patients have to eat a high protein diet. Peritoneal dialysis patients have to eat a low calorie diet, because they get some of their calories from the dextrose found in the dialysate solution. In conclusion, both hemodialysis and peritoneal dialysis are similar in so many ways; for example both dialysis procedures cleanse waste from the bloodstream of patients whose kidneys does not function properly, patients follow the same type of diet, and both treatments have to be done in a clean environment. Hemodialysis use a machine called the dialyzer and the patients’ arteries to transfer blood to and from the machine, and peritoneal dialysis use a fluid called dialysate and transfer fluid through a catheter placed in the patients’ abdomen. Hemodialysis patients rely on their technician for all their dialysis treatments need, and peritoneal dialysis patients basically do all their on treatments. Hemodialysis patients’ schedules are preset, and peritoneal dialysis patients’ schedules are more flexible. In contrast both procedures are done differently, Hemodialysis patients are dependent, and peritoneal dialysis patients are self-sufficient. In comparison both removes waste from the bloodstream; however, both procedures are beneficial to treat kidney disease.

Investigating Human trafficking types causes and effects

Investigating Human trafficking types causes and effects Human trafficking is considered as one of the most problematic issues in today worlds society. Since this problem happens throughout the world, it is necessary to deal with it globally. For ASEAN level, human trafficking is one of the transnational crimes that take place across national borders or take place within one country but their consequences significantly affect another country. Likewise, Cambodia also faces with this kind of serious crime as a transit, origin, and recipient nation. I.1 Types of human trafficking 1. Forced Labor According to the International Labor Organization (ILO), forced labor is a work or service exacted from a person under threat or penalty, which includes penal sanctions and the loss of rights and privileges, where the person has not offered him/herself voluntarily. 2. Sexual Exploitation In term of recruitment, traffickers resort to deception, in particular through false promises of well-paid jobs or opportunities to study abroad. In many cases, victims find themselves abroad, locked in apartments, with their passports confiscated by traffickers who coerce them to work in prostitution through threats, use of force, abuse and rape. Very often, the victims are promised their freedom only after earning their purchase price, as well as their travel and visa costs, through prostitution. 3. Organ removal After sexual exploitation, the most visible form of exploitation of human trafficking is organ removal. The victims of this kind of exploitation mostly are children. The children were removed their organ for the purpose of begging and peddling (selling small equipment, flowers and cigarettes). 4. Forced marriage Forced marriage is a practice with deep historical roots in which at least one of the party is married against his/her will and consent. Today, forced marriage can also be linked to human trafficking. Despite being recognized as a human rights violation and being condemned by the United Nations General Assembly (UNGA), the practice of forced marriage occurs on a significant scale today. In Cambodian society, especially in rural areas we can see that parents always forced their daughter to marry to foreigner on the hope of improving their living condition. Unfortunately, their daughter somehow exploited by foreigner as domestic workers or sex slaves. 5. Illicit adoption Illegal adoption of children is also another form of human trafficking since it involves the selling and buying children or baby illegally between parents and buyers. Due to unclear familys plan or unwanted pregnancy, parents often sell their kids to buyers for the purpose of adoption. In some case, unlucky children were sold to cruel families which force them to serve as domestic servants or slaves. I.2 Trafficker and the Trafficked 1. Who are the traffickers? Traffickers can be involved in various functions (as recruiters, transporters or exploiters) and in various activities during the different stages of the process (Traffickers can be men or women of any age. Women play a role during the recruitment and exploitation phases. Male traffickers with varying degrees of seniority within the trafficking network act as recruiters, transporters and managers during the exploitation phase. Increasingly, females may also perform these roles. 2. Who are the victims? Adult women are most frequently reported to be trafficked, followed by children. Plus, men are victims of human trafficking as well. II. Current situation Cambodia is a source, transit, and destination country for human trafficking. Cambodian men, women, and children are trafficked for sexual and labor exploitation in Thailand, Malaysia, Macao, and Taiwan.  Ã‚   Men are trafficked for forced labor in the agriculture, fishing, and construction industries. Women are trafficked for sexual exploitation and forced labor in factories or as domestic servants.  Children are trafficked for sexual exploitation and forced labor in organized begging rings, soliciting, street vending, and flower selling. The Ministry of Social Affairs and Youth Rehabilitations found that 76 percent of trafficked persons returned from Thailand had come from families who owned land, 93 percent owned their own house and had no debt on the land or house, and 47 percent stated that their mother was the facilitator of their trafficking. As the transition, Cambodia is a transit country for victims trafficked from Vietnam to Thailand. Cambodia is a destination country for women and children who are trafficked from Vietnam and China for sexual exploitation. Common destinations for trafficking victims are Phnom Penh, Siem Reap, and Sihanouk Ville. A 2005 report estimated that 2,000 victims in Cambodia have been trafficked into sexual exploitation, approximately 80 percent of whom were Vietnamese women and girls. Internal trafficking in Cambodia is thought to be predominantly for the purpose of commercial sexual exploitation. Internal trafficking for sexual exploitation is mainly to urban and tourist areas, including to Phnom Penh and to Sihanouk Ville. Increasingly, young women are being deceptively recruited to work in karaoke bars. These women are employed under the pretence of a job in a restaurant or as a waitress in an entertainment complex, and while they are often not physically forced to have sex with clients, the women face constant harassment in a sexually exploitative environment. Trafficking in children, particularly very young children and children with a disability are also recruited to sell sweets and flowers on the streets. A small number are recruited for work in other sectors, such as domestic work or in restaurants. Trafficking from Cambodia also takes place for the purpose of labor exploitation in a number of industries, including construction, logging, factory work and agriculture. There is an emerging body of research that is concerned about Cambodian men being trafficked to work in Thailands fishing industry and in construction and factory work in Malaysia.15 Cambodian men who are lured into working on Thai fishing boats report appalling conditions, trapped and isolated, they suffer from long working hours, dangerous working conditions and physical abuse. III. Causes and Effects of human trafficking in Cambodia There are many causes of human trafficking in Cambodia. Poverty is an important factor which has increased women and childrens vulnerability to human traffickers particularly the poor and unemployed due to their willingness to join or their low level of awareness on the dangers associated with human trafficking. Poverty again is considered as the main driver behind their decisions to migrate over sea for work. In addition to poverty, the lack of education and unemployment there are also significant social and culture factors that contribute to human trafficking. For instance, culture norms that perpetuate a lack of respect women increase the likelihood of them being exploited. Similarly, the perception of children as wage earners also increases the likelihood of them being trafficked. Moreover, the low level of education, family debt, agriculture failure, lack of land and off-season work were pushing people to the big cities or other countries as the men go into construction, women i nto services and prostitution. Last but definitely not least, broken families, disaster, uneven economic development, lack of border controls, socio-economic imbalance between the rural and urban areas, increased tourism, unsafe migration are also significant contributing factors to human trafficking. After getting to know the roots of human trafficking, it is also important to understand its effects. In fact, human trafficking has many consequences. First, the spread of HIV/AIDS is one of the consequences of human trafficking. For instance, many victims of human trafficking are physically and sexually abused. Trafficked women are often not in a position of negotiate safe sex, or lack access to education about HIV/AIDS. Therefore, they can transmit the disease to the next customers. That is the reason that HIV/AIDS can spread from one person to another person easily. The victims not only suffer from HIV/AIDS, but also often suffer from stigmatization by their communities. Moreover, many are treated as criminals by officials in countries of transit and destination due to their irregular status in the country, and their status as illegal workers or sex workers. What is more, human trafficking is generating the violation of human right. As we know that the victims are forced to do th e prostitute and other kind of exploitations. IV. Solutions of Cambodian Government Cambodia is a source, transit, and destination country for human trafficking. Therefore, The Royal Government of Cambodia does not stand still without taking any actions. The first mechanism is the prosecution. It is making some many significant efforts; for example, the government created a national anti-trafficking task force to improve the interagency response to trafficking and coordination with civil society, increased law enforcement action against traffickers and complicit officials, and undertook prevention activities. Besides these, in February 2008, Cambodias new Law on the Suppression of Human Trafficking and Commercial Sexual Exploitation was declared wisely and went into effect immediately. This law provides enforcement authorities, the power of investigate all forms of trafficking, and it is also a powerful tool in efforts to prosecute and convict traffickers and have them face strict punishments. The Ministry of Interior (MOI) reported 53 trafficking cases from April 2 007 to March 2008, thirty-five cases were sex trafficking involving 60 victims and 11 were labor trafficking cases involving 106 victims. The MOI reported that 65 traffickers were arrested during the reporting period. The Phnom Penh Municipal Court convicted 52 trafficking offenders. The MOI Department of Anti-Trafficking and Juvenile Protection reported 52 cases, involving 65 trafficking offenders. There is also a figure that we get from non-state actors such as NGOs. For instance, NGOs reported 19 labor trafficking cases. In February 2008, Prime Minister Hun Sen ordered the Ministry of Commerce to annul business licenses for marriage agencies, calling that kind of business is also a form of human trafficking. Another mechanism of combating human trafficking in Cambodia is the protection. The Royal Government of Cambodia improved its efforts to provide protection to victims of trafficking, while continuing to rely on NGOs and international organizations. Victims are not treated as criminals. Law enforcement and immigration officials implemented formal procedures to identify victims among vulnerable groups and refer them to provincial and municipal Departments of Social Affairs. For instance, the victims are provided with education or skill in order to make them have jobs to support their living. For foreign victims, they are provided temporary residence in shelters providing legal, educational, and counseling services while awaiting repatriation. Last but definitely not least mechanism is the prevention. The Royal Government of Cambodia demonstrated solid efforts to prevent trafficking. In April 2007, the government established a National Task Force (NTF) comprising 11 government ministries, three government agencies, and more than 200 international and local NGOs. The NTF has an oversight mechanism known as the High Level Working Group, chaired by the Deputy Prime Minister and Minister of Interior. This indicates the first time has coordinated anti-trafficki ng efforts across government ministries and agencies, and also formally includes civil society. In collaboration with civil society, the NTF launched a nationwide anti-trafficking campaign using positive messages incorporating Khmer values and cultural traditions to inspire Cambodians to take action against human trafficking. The campaign emphasized trafficking as a national priority and launched a national dialogue on trafficking via public forums across Cambodia. More interestingly, Cambodia also has international cooperation in combating human trafficking. For instance, On May 6, 2005  the government and the other five member states of the Coordinated Mekong Ministerial Initiative against Trafficking (COMMIT)  met in Phnom Penh and agreed to approve the plan of action developed in March 2005 in Hanoi. V. Conclusion Recommendations for Cambodia I would recommend Cambodian government continue implementation of the comprehensive anti-trafficking legislation and provide training for law enforcement and government officials on the new law. Moreover, significantly improve the number of prosecutions, convictions, and punishments of trafficking offenders, particularly in areas outside the capital are also should be taking into considerations. Besides these, Cambodia should and must try to make greater efforts to prosecute, convict, and criminally punish public officials complicit in trafficking; hold labor recruiting agencies criminally responsible for labor trafficking by means of fraudulent recruitment. What is more, the government should continue to enhance interagency cooperation and collaboration with civil society; create concrete benchmarks for the provincial working groups under the direction of the National Task Force. Last but definitely not least, government of Cambodia should increase efforts to prosecute sex tourists and those facilitating commercial sexual exploitation of children. There is also some recommendation from the U.S. Department of State recommends that the Cambodia Government should pass and enact comprehensive anti-trafficking legislation and make greater efforts to prosecute and convict public officials who profit from or are involved in trafficking. In addition to that, here is also another general recommendation such as protect the rights of victims. According to the UN principle on Human Rights which states that the human rights of trafficked persons shall be at the center of all efforts to prevent and combat trafficking and to protect, assist and provide redress to victims. In other words, the needs and rights of victims should be considered at every stage in proceedings. Furthermore, in order to prevent and protect successfully, the demand should be reduced since the demand reduction must be linked to the prevention and protection. Another recommendation is the establishing c omprehensive policies. The complexities of the trafficking problem require efforts by relevant entities at the local, national, regional, and international levels. It is vitally to form partnership with intergovernmental organizations, governments, NGOs, international organizations, communities and families confronted with trafficking.

Cities :: Sociology, Rising Urban Stars

Most people live in cities, while other live in rural areas. A city life is usually more exhilarating because it got shopping malls, restaurants, schools, transportation, hospitals, and much more. But what is a city? A city is a large area were group of people with similar characteristics live and practice their ordinary daily activities. According to Caves (2005), a city cannot be defined by one definition because it includes many things that give many definitions. Each city has a different way of developing and growing, it takes different steps to become more sustainable, and has the proof, such as Dubai, that shows it is a triumphant city. Many ways are available for the city to evolve. Foroohar (2006) stated that a city could grow when country’s government search for ways to decentralize the work. As an illustration, "Rising Urban Stars" cities such as Las Vegas, Dubai, and Cape Town are offering abundance of flourishing careers in service businesses like banking and entertainment that help the city to evolve (Foroohar, 2006). Another way for the city to expand is developing the technology. According to Foroohar, â€Å"areas with high-tech or "knowledge based" industries like finance--witness the renaissance of New York and London, and the explosion of growth in Shanghai or Hong Kong.† (2006, para.5). Cities with high technology bloom swiftly where the bankers become wealthier, salaries become higher, and the cost of real-estate soared (Foroohar, 2006). A third possible way for a city to develop is through expanding the city’s economy. Foroohar (2006) asserted that budding economies help the cit y to grow fast. For instance, 55 cities in China, 12 cities in Indonesia, and 10 cities in India are of the top 150 swiftly-expanding cities, they expand with the aid of the expanding economy in the city (Foroohar, 2006). Moreover, Arnold (2010) reported that trading and making business with foreigners is crucial for the city’s economy that promotes the city’s growth. Arnold continues by saying that’ â€Å"Legislative issues need to be addressed because they bring down funding costs and increase the absorptive capacity of the economy.’† (Shaher as cited in Arnold, 2010). Furthermore, cities can develop and enlarge through excellent transportation. Foroohar (2006) believes that outstanding transportation appeals people and businesses to the city and that helps the city to grow. In essence, cities follow different routes to expand and develop; however, they all reach the same point.

The Runaway Brain by Christopher Willis :: Willis Runaway Brain Essays

The Runaway Brain by Christopher Willis Christopher Wills has written a fascinating chronicle of human evolution in a style that will keep the reader glued to the book to find out what happened next. The Runaway Brain is organized into four sections. First Wills addresses The Dilemmas, the many problems that students of evolution encounter mainly from public perception of the subject and from the many prejudices of those involved with the work. The question of where our species first appeared is a particularly contentious one, although it is now widely accepted that the species originated out of Africa. There are, regardless, those who still disagree and especially at first, many dismissed an African origin out of hand. Wills' second main issue is that of the transition to actual "humanity" and if it occurred once or twice. As he discusses in the chapter entitled "An Obsession with Race", those who deride those of African descent often use the multiple origin theory as one that justifies racism. Wills decries this abu se of the science and firmly argues against those that would use evolution to further racist propaganda. He also takes issue with those who insist on believing that all of humanity came from one Eve and one Adam, instead putting forth the theory of the "mitochondrial Eve"; that we all descend from the mitochondrial DNA, but that we do not in fact descent from two individuals. Wills' own slant on the issue is that humans are involved in a feedback loop which he calls the "runaway brain". Wills claims that humans are unique in that they have culture which has developed. The culture injects an otherwise unknown into the evolutionary process. Humans, Wills says, had advanced brains which allowed them to create a complex culture. The culture challenged their brains and led to more complex brains as the species involved. This process continued to repeat and is still repeating today. This is what Wills claims is driving us towards our ultimate best. The second section of the book is titled The Bones and tells the story of the archeological remains of the ancestors of humanity. Wills creates a fascinating tale as he describes the lives, feelings and desires of the people involved in finding these bones. Not only does he describe the find and its significance to the understanding of evolution, he also tells the story of the finder making the section more of a human drama than a dry telling of facts. The Runaway Brain by Christopher Willis :: Willis Runaway Brain Essays The Runaway Brain by Christopher Willis Christopher Wills has written a fascinating chronicle of human evolution in a style that will keep the reader glued to the book to find out what happened next. The Runaway Brain is organized into four sections. First Wills addresses The Dilemmas, the many problems that students of evolution encounter mainly from public perception of the subject and from the many prejudices of those involved with the work. The question of where our species first appeared is a particularly contentious one, although it is now widely accepted that the species originated out of Africa. There are, regardless, those who still disagree and especially at first, many dismissed an African origin out of hand. Wills' second main issue is that of the transition to actual "humanity" and if it occurred once or twice. As he discusses in the chapter entitled "An Obsession with Race", those who deride those of African descent often use the multiple origin theory as one that justifies racism. Wills decries this abu se of the science and firmly argues against those that would use evolution to further racist propaganda. He also takes issue with those who insist on believing that all of humanity came from one Eve and one Adam, instead putting forth the theory of the "mitochondrial Eve"; that we all descend from the mitochondrial DNA, but that we do not in fact descent from two individuals. Wills' own slant on the issue is that humans are involved in a feedback loop which he calls the "runaway brain". Wills claims that humans are unique in that they have culture which has developed. The culture injects an otherwise unknown into the evolutionary process. Humans, Wills says, had advanced brains which allowed them to create a complex culture. The culture challenged their brains and led to more complex brains as the species involved. This process continued to repeat and is still repeating today. This is what Wills claims is driving us towards our ultimate best. The second section of the book is titled The Bones and tells the story of the archeological remains of the ancestors of humanity. Wills creates a fascinating tale as he describes the lives, feelings and desires of the people involved in finding these bones. Not only does he describe the find and its significance to the understanding of evolution, he also tells the story of the finder making the section more of a human drama than a dry telling of facts.

The Difference in Leadership Essay -- Papers Leading Skills Essays Pap

The Difference in Leadership Introduction ============ Leadership is an influence process. It might be thought of as the ability to motivate others into following and understanding the role they play in an organisation, as well as what the overall strategy of the business is, with the interest of achieving organisational goals. If this is done correctly then high levels of motivation, empowerment, commitment and performance should result. It is equally important for a leader to be trustworthy, Viscount Slim describes leadership as being : â€Å"The quality which makes people trust you†. It is important in every leadership role that the leader be as effective as possible in order to work those people he is responsible for to their full potential. Certainly the leadership skill will play an important part in determining the effectiveness of the leader. Good communication skills are another important quality for a leader to have. This means that it is important to be both good at effective speaking as well as listening in order to aim the behaviours and actions of individuals in the required direction. Leadership is the process by which a person exerts influence over other people and inspires, motivates, and directs their activities to help achieve group or organizational goals.[i] It has been an old and common view that leaders are born, and not made. This is known as the Qualities Approach. Those which share this view believe that some core qualities of leaders are inborn, ie intuition, will-power and intelligence. This dismisses the idea that leaders can be manufactured, and places the emphasis on the natural ch... ...ent.IE5/M8UV2CDB/266,11,Slide 11 [x] Jones, George, Hill Contemporary Management p 411. [xi] M.G.Evans, â€Å"The Effects of Supervisory Behaviour on the Path-Goal Relationship†, Organizational Behaviour and Human Performance 5 (1970): 277-98;R.J.House,†A Path-Goal Theory of Leader Effectiveness,† Administrative Science Quarterly 16 (1971):321-38;J.C.Wofford and L.Z.Liska,†Path-Goal Theories of Leadership: A Meta-Analysis,† Journal of Management 19 (1993): 857-76. [xii] B.M.Bass, Leadership and Performance Beyond Expectations (New York: Free Press, 1985); Bass, Bass and Stogdill’s Handbook of Leadership; Yukl and Van Fleet, â€Å"Theory and Research on Leadership.† [xiii] A.H.Eagly,S.J.Karau, and M.G.Makhijani, â€Å"Gender and the Effectiveness of Leaders: A Meta-Analysis,† Psychological Bulletin 117 (1995):125-45.

Regent Park

Chapter 7 Essay Q’s 1. ABC Corporation, a Canadian firm, wants to float a bond issue in the United Kingdom. Which choices does the company have? Discuss the main characteristics of each option. What do you recommend? Answer: ABC Corporation can issue foreign bonds (Bulldogs) or Eurobonds. Foreign bonds are bonds issued by a foreign borrower in a national market, in the national currency, and subject to the national securities regulations. Eurobonds are bonds sold in countries other the country that issued the denominating currency.Foreign bonds tend to be registered bonds and subject to the local regulations while Eurobonds tend to be bearer bonds. Generally, foreign bonds are more costly than Eurobonds. Therefore, Eurobonds are likely the better option. page: 157-158 2. A- Canada Inc. has issued a dual-currency bond that pays $555. 10 at maturity per SF1,000 of par value. The company’s cash flows are exclusively in Canadian dollars. a) What is the implicit $/SF exchang e rate at maturity? b) Will the company be better or worse off if the actual exchange rate at maturity is $0. 6123/SF? Answer: a) $555. 10/SF 1,000 = $ 0. 5551 b) The company will be better off.Page: 175, problem 3 3. ZZZ Corp. wants to issue zero-coupon bonds with a 10-year maturity. The implied yield to maturity on these bonds is 5% and ZZZ Corp. wants to raise $10,000,000. (Assume no transaction costs). How much money will ZZZ Corp. have to pay at maturity of the bond? Answer: 10,000,000 (1. 05)10 = $16,288,946. 27 4. Assume Bank of Montreal has two zero-coupon bonds outstanding, each for a face value $100,000,000. Bond A matures in 10 years and sells at a discount of 35% off face value and bond B matures in 20 years and sells at a discount of 60% off face value. Calculate the implied yield to maturity of each bond.Answer: Bond A: 650,000,000(1 + i)10 = 100,000,000 i = 4. 4% Bond B: 400,000,000(1 + i)20 = 100,000,000 i = 4. 67% 5. What happens to the present value of the bonds in 4. , if the implied yield to maturity increases by 1%? Answer: Bond A: 100,000,000/(1. 054)10 = 59,100,872. 35 The present value of the bond decreases by 65,000,000 59,100,872. 35 = 5,899,127. 65 Bond B: 100,000,000/(1. 0567)20 = 33,186,836. 18 The present value of the bond decreases by 40,000,000 33,186,836. 18 = 6,813,163. 82 Chapter 8 [Question] 1. Assume that Nestle shares are trading at SF 300 in Zurich and $ 51 in New York. Each share equals 4 ADRs.The current exchange rate is SF1. 5/$. In the absence of transaction costs, can you make an arbitrage profit? Answer: Yes. Buy one share in Zurich for SF 300 or $ 200 (300/1. 5), exchange to ADRs and sell the ADRs for 4*51 = $204; profit $4 [Question] 2. Assume that Nestle shares are trading at SF 300 in Zurich and $ 51 in New York. Each share equals 4 ADRs. The current exchange rate is SF1. 5/$. If transaction costs are $1 per ADR, can you make an arbitrage profit? Answer: No, transaction costs = potential profit Potential profit in the absence of transaction costs: Buy one share in Zurich for SF 300 or $ 200 (300/1. ), exchange to ADRs and sell the ADRs for 4*51 = $204; profit $4 [Question] 3. What factors go into the decision to cross-list on a foreign exchange? Answer: When deciding whether to cross-list shares on a foreign exchange, the firm has to consider the expected benefits and costs. The benefits may be: to establish a broader investor base for its stock, to establish name recognition in foreign capital markets, thus paving the way for the firm to source new equity and debt capital from investors in different markets, and to expose the firm’s name to a broader investor and consumer groups.The costs include: listing fees, reconciliation of the accounting standards of two countries, compliance with the regulations of the foreign exchange, and investor relations. page: 187. [Question] 4. Assume that Accor shares are trading at A$2. 5 in Sydney and $28 in New York. Each ADR equals 20 shares. The current exchange rate is A$1. 5/$. In the absence of transaction costs, can you make an arbitrage profit? Answer: Yes. Buy one ADR in New York for $28 (or A$42), exchange to shares and sell the shares for A$50; profit A$8 [Question] 5. Assume that Accor shares are trading at A$2. 5 in Sydney and $28 in New York.Each ADR equals 20 shares. The current exchange rate is A$1. 5/$. At what transaction cost per share would there be no profit opportunity? Answer: A$8/20 = A$0. 4 Buy one ADR in New York for $28 (or A$42), exchange to shares and sell the shares for A$50; profit A$8 less transaction cost of 20*. 4 = A$8; profit = 0 Chapter 9 – I don’t believe there will be anything from here tho Chapter 10 [Question] 1. The following information is given: Both parties want to engage in an interest rate swap. Assume that S Bank will arrange for an interest rate swap between X Company and Y Company for 0. % . Also, assume that X Company gets 2/3 of the interest savings available. a) Which company has a better credit rating? b) What is the quality spread differential? c) What is X Company’s preferred type of debt? What rate of interest does it pay on this debt after the swap? d) What is Y Company’s preferred type of debt? What rate of interest does it pay on this debt after the swap? e) Illustrate the cash flows from this swap. Assume that X Company pays LIBOR to S Bank. Answer: a) X Company b) QSD = 2 1. 3 = 0. 7 c) Floating LIBOR . 4 d) Fixed 6. 8% e) [Question] 2.The following information is given. ABC Inc. and XYZ Inc. have agreed to swap their debt payments so that each firm gets its preferred debt terms. They can arrange an interest rate swap through Big Bank. Big bank charges 0. 15% for its services. The remaining savings from the interest rate swap are equally shared by A and B. QSD: 1% . 25% = . 75%; after bank fees: . 75% . 15% = . 60% savings available a) Does ABC Inc. prefer fixed or floating rate debt? What rate does it pay on its p referred debt? b) Does XYZ Inc. prefer fixed or floating rate debt? What rate does it pay on its preferred debt? ) What are the total interest savings available in this interest rate swap? d) Which company has a better credit rating? Answer: a) ABC Inc. prefers floating and pays LIBOR + . 2 b) Interest Savings: 0. 6%. QSD bank fees = (6 5) (LIBOR + . 75 LIBOR + 0. 50) 0. 15 c) XYZ Inc. prefers fixed and pays 5. 7% d) Company ABC has a better credit rating [Question] 3. The following information is given. Boeing and Airbus have agreed to swap their debt payments so that each firm gets its preferred debt terms. Each firm will save the same amount in percentage terms. ) Does Boeing prefer fixed or floating rate debt? What rate does it pay on its preferred debt? b) Does Airbus prefer fixed or floating rate debt? What rate does it pay on its preferred debt? c) What are the total interest savings available in this interest rate swap? d) Which company has the advantage in fixed rate debt? Answer: a) Boeing prefers floating and pays LIBOR + 0. 05%. b) Airbus prefers fixed and pays 5. 5%. c) Interest Savings 0. 4%. d) Boeing has the advantage in fixed dollar debt. [Question] 4. ABC Corporation has entered into a 10-year interest rate swap with a swap bank. ABC Corp. ays the swap bank a fixed-rate of 6 percent annually on a notional amount of EUR100,000,000 and receives LIBOR – ? percent. What is the price of the swap on the seventh reset date, assuming that the fixed-rate at which ABC can borrow has decreased to 5%. Answer: PV of a hypothetical bond issue of EUR100,000,000 with three remaining 6 percent coupon payments at the new fixed rate of 5 percent is EUR100,000,000/1. 1576 = EUR86,385,625. 54 PV of the three coupon payments is: (6,000,000/1. 05) + (6,000,000/1. 1025) + (6,000,000/1. 1576) = EUR 16,339,488. 18 PV of the Bond and its coupon is = 102,725,113. 1 Therefore, the price of the swap = 100,000,000 102,725,113. 61 = 2,725,113. 61 [Question] 5. Canada Corporation enters into a 2-year interest rate swap with Bank A in which it agrees to pay the swap bank a fixed-rate of 5 percent annually on a notional amount of US$1,000,000 and receive LIBOR – 1 percent. Determine the price of the swap on the first reset date, assuming that the fixed-rate at which Canada Corporation can borrow has stayed unchanged. Answer: PV of a hypothetical bond issue of US$ 1,000,000 with one remaining 5 percent coupon payments at the fixed rate of 5 percent is US$1,000,000Therefore, the price of the swap = 1,000,000 1,000,000 = 0 Chapter 11 [Question] 1. A US investor bought shares in ABC Inc. on the Frankfurt Stock Exchange 2 years ago for EUR 10,000. The exchange rate at that time was EUR 1. 20/USD. Currently, the shares are worth EUR 11,000 and the exchange rate is EUR 0. 80/$. Calculate the investor’s annual percentage rate of return in terms of the U. S. dollars. Answer: The annual percentage rate of return is: 28. 45%. 2-year rate of ret urn = (11,000/0. 8 10,000/1. 2)/(10,000/1. 2) = 0. 65 (1 + r)2 = 1. 65 r = 0. 2845 [Question] 2. A US investor bought shares in ABC Inc. n the Frankfurt Stock Exchange 2 years ago for EUR 10,000. The exchange rate at that time was EUR 1. 20/USD. Currently, the shares are worth EUR 11,000 and the exchange rate is EUR 0. 80/$. The investor had sold EUR 10,000 (the principal investment amount at the same time that the stock was purchased) forward at the forward exchange rate of EUR 1. 15/$. What is the dollar rate of return? Assume that the unhedged portion of the investment is exchanged at the current exchange rate. Answer: The annual dollar rate of return is 9. 25%. 2-year rate of return = (10,000/1. 15 + 1,000/0. 8 10,000/1. )/(10,000/1. 2) = 0. 1935 (1 + r)2 = 1. 1935 r = 0. 0925 [Question] 3. In May 2003 when the exchange rate was Yen 110/$, Nissan Motor Company invested ? 1,100,000,000 in pure-discount U. S. bonds and liquidated the investment one year later when the exchange rat e was Yen 105/$. The Yen rate of return earned on this investment was 10%. a) Calculate the dollar amount that the bonds were sold at. b) Calculate the dollar rate of return of this investment. Answer: a) The dollar amount that the bonds were sold at is: $11,523,809. 0. 1 = (X*105 1,100,000,000)/1 ,100,000,000) b) The dollar rate of return is:15. 4%. (11,523,809 10,000,000)/10,000,000 = . 1524 [Question] 4. A Canadian investor buys shares in DaimlerChrysler on the New York Stock Exchange when the stock’s price and the exchange rate were US$ 40 and US$0. 70/C$ respectively. One year later the investor sells the shares for US$ 41 and the exchange rate is US$0. 80/$. a) Calculate the investor’s annual percentage rate of return in terms of the U. S. dollars. b) Calculate the investor’s annual percentage rate of return in Canadian dollars. Answer: a) Rate of return: (41 40)/40*100 = 2. 5% b) Purchase price in Canadian dollars = 40/. 70 = 57. 4 Selling price in Canadi an dollars = 41/. 80 = 51. 25 Therefore, the Canadian dollar rate of return is: R(C$) = [(51. 25 57. 14)/51. 25] 100 = 10. 313% Chapter 12 1. How can operating exposure be managed? Answer: The object of managing operating exposure is to stabilize cash flows when exchange rates are fluctuating. There are a number of ways in which operating exposure can be managed: (1) selecting low cost production sites (2) using a flexible sourcing policy (3) diversification of the market (4) product differentiation and R&D efforts (5) financial hedging page: 302-304 [Question] 2.Banff Inc. is headquartered in Calgary and produces high-end living room furniture. The firm has a subsidiary in Germany. The wooden frames of the sofas are made in Calgary by an independent contractor and then shipped to Germany. The German subsidiary then upholsters the sofas using Belgium fabrics. Each frame costs the subsidiary C$1,500. The materials and labour for the upholstery amount to euro 2,000 per sofa. Fixed ove rhead costs are euro 1,500,000 for the subsidiary. Banff Inc. expects to be able to sell 3,000 Sofas for 5,000 euros each. The firm can depreciate 1,000,000 euros per year.The German income tax rate is 40%. The current exchange rate is C$1. 5/euro. How would the operating cash flows (expressed in Canadian dollars) change if the exchange rate is C$1. 6/euro, all else equal? Answer: The operating income would increase by C$340,000. [Question] 3. Banff Inc. is headquartered in Calgary and produces high-end living room furniture. The firm has a subsidiary in Germany. The wooden frames of the sofas are made in Calgary by an independent contractor and then shipped to Germany. The German subsidiary then upholsters the sofas using Belgium fabrics.Each frame costs the subsidiary C$1,500. The materials and labour for the upholstery amount to euro 2,000 per sofa. Fixed overhead costs are euro 1,500,000 for the subsidiary. Banff Inc. expects to be able to sell 3,000 Sofas for 5,000 euros each. The firm can depreciate 1,000,000 euros per year. The German income tax rate is 40%. The current exchange rate is C$1. 5/euro. How would the operating cash flows (expressed in Canadian dollars) change if the exchange rate is C$1. 4/euro, all else equal? Answer: The operating income would decrease by C$ 340,000. [Question] 4. Banff Inc. s headquartered in Calgary and produces high-end living room furniture. The firm has a subsidiary in Germany. The wooden frames of the sofas are made in Calgary by an independent contractor and then shipped to Germany. The German subsidiary then upholsters the sofas using Belgium fabrics. Each frame costs the subsidiary C$1,500. The materials and labour for the upholstery amount to euro 2,000 per sofa. Fixed overhead costs are euro 1,500,000 for the subsidiary. Banff Inc. expects to be able to sell 3,000 Sofas for 5,000 euros each. The firm can depreciate 1,000,000 euros per year.The German income tax rate is 40%. The current exchange rate is C$1. 5/e uro. How would the operating cash flows (expressed in Canadian dollars) change if the exchange rate is C$1. 4/euro, the German inflation rate is 3% but the firm will not be able to raise the price for its products and due to new competition from the Russian market (with a more favorable exchange rate) unit sales drop to 2,500? Answer: The operating income would decrease by C$ 1,276,000. [Question] 5. ABC Inc. , a Canadian paper manufacturer, has a subsidiary in the United States which sources its wood from Canada.The US dollar depreciates rapidly. Discuss the likely competitive and conversion effects of the depreciation of the US dollar. Answer: The depreciation of the US dollar may alter the firm’s competitive position in the US market place. First of all, the input costs of the subsidiary in terms of US dollars are increasing. If the competitors source their raw materials in the United States, the competitive position of ABC Inc. ’s subsidiary will be eroded. The con version effect implies in this case that the US dollar operating cash flows will be translated into a lower Canadian dollar value. page: 297-298Chapter 13 1. Sonnenschein A. G. , a German retailer of solar panels just bought panels for US $ 100,000 to be paid in 120 days. As the financial manager, you are responsible for making a recommendation on the best hedging choice available to Sonnenschein A. G. You check with your banker and find out the following: The spot bid and ask rates are USD 1. 1001/EUR and USD 1. 0953/EUR respectively and the 120-day forward rates are EUR 0. 8850/USD and EUR 0. 8950/USD. Determine the net payables if Sonnenschein uses a forward hedge to manage its payables. Answer: US$ 100,000*0. 8950 = EUR 89,500 Question] 2. Pile-of-Bones Inc. , headquartered in Regina, just bought snowblowers for US $ 100,000 to be paid in 90 days. As the financial manager, you are responsible for making a recommendation on the best hedging choice available to Pile-of-Bones Inc. You check with your banker and find out the following: The current spot rate is C$ 1. 35/US$ and the 90-day forward rate is C$1. 36/US$. The interest rates are 5% in the United States and 6% in Canada. a) What are the net payables if Pile-of-Bones uses a forward hedge? b) What are the net payables if Pile-of-Bones uses a money market hedge? ) Which type of hedge should Pile-of-Bones use? Answer: a) 100,000*1. 36 = 136,000 b) 100,000/(1 + . 05/4) = 98,765. 43 98,765. 43*1. 35 = 133,333. 33 133,333. 33*(1 + . 025) = 136,666. 67 c) Pile-of-Bones should use forward hedge. [Question] 3. Soleil Inc. , a French manufacturer of sunscreen, has agreed to sell sunscreen to a Danish retailer for 2 million Danish kroner to be received in 180 days. The current spot rate is DKR5. 02/EUR and the 180-day forward rate is DKR5. 23/EUR. The current interest rates are 5% in Denmark and 4% in France. Should the firm use a forward hedge or a money market hedge?Explain. Answer: The net proceeds from a forw ard hedge are: 2,000,000/5. 23 = 382,409. 17 The net proceeds from a money market hedge are: 2,000,000/(1. 05) = 1,903,761. 90 1,903,761. 90/5. 02 = 379,434. 64 379,434. 64*1. 04 = EUR394,612. 02 Since the net proceeds from the money market hedge are higher than from a forward market hedge, Soleil should use the money market hedge. [Question] 4. Quebec Inc. , manufactures prefabricated houses in Quebec and sells them all over the world in local currencies. The firm has just received an order from China for renminbi 8,280,000 to be paid at delivery in 1 year.The Chinese renminbi is pegged to the US dollar at an exchange rate of 8. 28 per dollar. Does Quebec Inc have a transaction exposure? Explain. Answer: Quebec Inc is exposed to exchange rate risk. First of all, the Chinese government may choose to change the exchange rate at which the renminbi is pegged or drop the peg altogether within the next year. Even if the government does not intervene, Quebec Inc. is exposed to the US doll ar-Canadian dollar exchange rate since the renminbi is pegged to the US Dollar and not the Canadian dollar. [Question] 5. Fashion Shoes Inc. anufactures its shoes in Milano, Italy. The company just received an order from the United States for USD 1 million to be received in one year. The current spot rate is EUR 1 /USD and the 1 year forward rate is EUR 1. 01/USD. The current interest rates are 4% in the United States and 5% in Italy. A call option on the US dollar is available with a strike price of EUR 1. 01/USD and a premium of EUR 0. 03 and a put option is available with a strike price of EUR 1/USD and a premium of EUR 0. 025/USD. Determine the net proceeds from a forward hedge and an options hedge. Which option should Fashion Shoes use?Answer: Forward hedge: USD 1,000,000*1. 01 = EUR 1,010,000 Option hedge: Use the put option on the USD. Net proceeds from the options hedge: Strike price: USD 1,000,000*1 = EUR 1,000,000 Less premium in year 1 euros: 1,000,000*0. 025(1 + . 05) = 26,250 net proceeds: 1,000,000 26,250 = 973,750. The choice of the hedging strategy depends on exchange rate expectations. The option will provide a minimum of EUR 973,750 but if the dollar strengthens (i. e. the spot rate in one year is greater than EUR1. 03625/USD) the option will provide higher cash flows than the forward hedge.

5 Essential Factors to Improve Memory

5 Essential Factors To Improve Memory What factors help improve memory? Here are five factors that are proven to significantly improve memory, help you learn and recall more and be less forgetful. 1. Positive Attitude While ever you think you have a bad memory that is exactly what you will have! If you say, I can’t remember numbers or, I’m no good with names you are making a self-fulfilling prophesy. You are conditioning your brain with negative thoughts and statements.Your brain will ensure that what you say and think is true and make it almost impossible for you to improve your memory. So banish those thoughts from your mind right now! If you ever catch yourself thinking or saying something negative about your memory, immediately say, Cancel! Cancel! Every day my memory is getting better, better and better! You CAN improve your memory; commit to doing so and celebrate every achievement no matter how small. 2. Healthy Lifestyle Maintaining a healthy lifestyle pays huge dividends.Practise these healthy habits that improve memory: * Exercise. Any form of aerobic exercise such as running, cycling, or even walking briskly, performed for 15 minutes per day will increase the flow of blood, oxygen and nutrients to the brain. This will enhance your brain performance, improve memory and reduce the risk of disorders that lead to memory loss. * Diet. A balanced diet is essential for a healthy body and a healthy mind. Research indicates that certain nutrients enhance brain function and improve memory.These include: the B vitamins (especially B6, B12 and folic acid) found in spinach and other dark leafy greens, broccoli, asparagus, strawberries, melons, black beans and other legumes, citrus fruits, soybeans; antioxidants like vitamins C and E, and beta carotene found in blueberries and other berries, sweet potatoes, red tomatoes, spinach, broccoli, green tea, nuts and seeds, citrus fruits, liver; and omega-3 fatty acids found in fish such as salmon, herring, tuna, halibut, and mackerel, walnuts and walnut oil, flaxseed and laxseed oil. * Sleep. Sufficient good quality sleep is essential for memory consolidation (storing things you have learnt during the day). Lack of sleep impacts your concentration and ability to absorb new information. 3. Organisation Give yourself less to remember by organising your life. Keep a To Do list of all the tasks, big or small, that you want to get done. Use a diary to keep track of birthdays, anniversaries, appointments, events and due dates for bills and to schedule tasks from your To Do list.Use sticky notes for reminders; for example, stick one on the front door to remind you to switch the answer machine on when you leave the house. Organise your possessions; a place for everything and everything in its place is a good maxim. Even if being organised does not improve your memory, you will receive a lot of the same benefits, for example, you will not have to search for your keys anymore! 4. Memory Techniq ues and Systems Memory techniques and systems help you learn and recall information.Start with simple techniques such as chunking, breaking up information into smaller, easier to remember chunks, and build up to the more complex systems. You will then have an arsenal of tools to help you memorise anything you want. 5. Practise Use it or lose it! The brain needs exercise just as your body needs exercise to perform at its best and not deteriorate. When you learn a new memory technique practise it until it becomes second nature.Keep your brain active: play memory games and brain games, do puzzles. Try something new: a new hobby, learn to play a musical instrument, learn a foreign language. By regularly exercising your brain with new challenges you will stimulate the development of new nerve connections that can help improve memory. Pay attention to these essential factors to improve memory and you will soon find yourself less forgetful and able to learn and recall new information with ease.

Women informal labor

Throughout the 20th century women in Mexico have endured poverty and found it necessary to venture out into the workplace as a means of subsistence. The increase in industrialism during the time following the Mexican revolutions changed the methods of work within Mexico City and transformed workers’ lives. This era saw more women entering the work force. The type of work granted women in Mexico was mainly in the areas of cigarette and garment making (Porter, 2003). Such occupation ensured that Mexican women spent several hours a day working in factories and performing repetitive actions. These women routinely worked double shifts, and though lower working hours were generally granted to married women, even these women were often required to work well beyond the normal working day (Tuà ±Ãƒ ³n, ). However, women soon began branching out into a wider variety of occupations, and especially since the 1995-95 economic crisis, many women have entered the informal labor force. The male dominated culture has traditionally kept women from advancing in Mexican business, and this has been a major contributor to women’s strong position in the informal economy. This is specifically due to the general uneducated nature of the female population, as well as the patriarchal mentality that prevents qualified women from being hired over men (Nolan, The official age of the female workforce lies between 20 and 24, though since the crisis this has increased to 39 years. In contrast to this, the age range of women in economies of developed countries rises up to 60 years and beyond (In Mexico City proper, the percentage of females employed in the informal economy is approximately 49% (ILO, 2002). Since the informal economy accounts for approximately 64% of all Mexico’s commerce, women do contribute significantly to the economy. However, the compensation granted them as a result of their being a part of the informal economy in a developing country is far below that of their counterparts in the developed world (2002). Women in Mexico City are by far more able to get work in the domestic and agricultural fields than in any area of labor (ILO, 2002). Some of these women, having no other skills, must settle for such work that no one else will perform. The nature of the tasks themselves, such as cleaning toilets and handling other unsavory waste, makes it likely that the women work out of desperation and for very low wages. Other work done in agriculture and manufacturing is done in entrepreneurial fashion, but at such small scales that the profits to be gained are marginal. Despite this, the money earned by these women is approximately three times as high as the minimum wage that currently exists in the country (2002). Furthermore, this wage level lies below the per capita income received on a national level—placing women still within a dominant position in the country. A significant portion of the work done in the informal economy is actually done for legitimate firms, but through subcontracts where workers work off site (ILO, 2002). Though this presents a brighter prospect for informal workers, only few women get a chance to participate in this kind of work, and it does not represent a significant portion of the Mexican informal economy. In contrast, most of the work done in the informal economies of developed countries exists in this form and much of it is performed by women (ILO, 2002). When this work can be obtained by Mexican women, much of it is done perennially and women are granted contracts for only three or four months at a time. The problem is that the women who work under such conditions are not given the full range of benefits that are granted to those with full time status. Because informal jobs are held by the vast majority of the women in Mexico City’s workforce, it follows that most women in the workforce are forced to work without benefits. However, even women who work under these conditions fare better than those who work in other areas of the informal economy. The fact that Mexican women’s wages in the informal economy lies above minimum wage loses its potency when one considers the loss of purchasing power suffered by the Mexican minimum wage during the 1990’s. This fact places Mexican women in a bad position compared with their counterparts in the developed world. Women of first world countries (such as South Africa and the United States) who engage in informal labor are generally found to perform â€Å"home-based work.† Such jobs are generally of a much more sophisticated nature involving modern technology and commanding much higher wages. This fact points toward the relative difference between the education levels of women in Mexico compared with their counterparts in the developed world. A notable exception is in the similarity that might be found between women workers in Mexico many women within the informal sector South Africa. This is especially as it regards persons of the South African lower class who, as a relic of the Apartheid tradition, engage also in domestic, agriculture, and manufacturing work. However, as a general rule, women who work in the informal economy of Mexico City perform more manually grueling work for less pay and compensation than their first-world counterparts (Arizpe, 1997; ILO, 2002). References Arizpe, L. (1997). â€Å"Women in the informal labor sector: the case of Mexico City.† The women, gender, and development reader. Dhaka: University Press Limited. ILO. (2002). Women and men in the informal economy: a statistical picture. Employment   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Sector, International Labour Office. Geneva. Nolan, J. P. (1999). Mexico business: the portable encyclopedia for doing business with Mexico.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   New York: World Trade Press. Porter, S. (2003). Working women in Mexico City. Tucson: University of Arizona Press. Tuà ±Ãƒ ³n, J. (1999). Women in Mexico: a past unveiled. Austin: U. of Texas Press.