Thursday, November 7, 2019
Analyzing and Interpreting Film Essays
Analyzing and Interpreting Film Essays Analyzing and Interpreting Film Paper Analyzing and Interpreting Film Paper Petri, Art of Watching Films (Gifford Custom 7th Deed. ) . Kenney- D. (2008). The
Monday, November 4, 2019
Teenage crime Research Paper Example | Topics and Well Written Essays - 2500 words
Teenage crime - Research Paper Example ams and support especially for children in poverty stricken regions, employment and educational opportunities for youth, recreational activities and correction programs which will prevent them from engaging in further criminal activities. The changing lifestyle and social relations is having a dramatic effect on the young children and especially those who are in the transition phase from childhood to adolescence. Teenagers in the present day world are left to deal with changing family structures, stress of education and career choices and peer pressure in addition to effect of poverty and social status of their families. This changing environment has been a major contributing factor in the rising youth crime rates around the world. Children, especially teenagers, who are exposed to poverty, disintegrated family structures and peer and social pressures are more prone to commit crime at a young age (Juvenile Delinquency). In addition studies have also linked juvenile crime to substance abuse and constant use of drugs is also connected with re-offending resulting in a drug-crime cycle (Hodgdon). Substance abuse by teenagers is a growing social malady in the United States. Despite bans on the use of illicit drugs by teen agers, the percentage of adolescents using these substances since the 1990s is steadily rising (U. S. Department of Health and Human Services; Juvenile Delinquency and Substance Abuse). Many studies have also shown that drug trafficking involving youth is associated with violent criminal activities. Thus both the consumption of drugs and its trafficking involve violent and criminal activities; with juveniles hailing from lower socioeconomic backgrounds being targeted in a majority of the cases. In many cases teenagers addicted to drugs engage in violent or criminal activities in order to get money to support their substance addiction (Juvenile Delinquency; Juvenile Delinquency and Substance Abuse). Various measures are being undertaken by several
Saturday, November 2, 2019
International bussiness law Coursework Example | Topics and Well Written Essays - 1750 words
International bussiness law - Coursework Example With regard to the efficiency along with the adequate significance of a valid contract, the aspect of consideration is often viewed as one of the major attributes which ensures to clearly understand about the conditions accepted by both the contractual parties during an agreement (MacMillan & Stone, 2012). This paper intends to critically define and explain the aspect of ââ¬Ëconsiderationââ¬â¢ in relation to the law of a contract. In order to critically understand the major guidelines underneath the aspect, the discussion of this paper would highly focus on critically evaluating the statements regarding consideration that include ââ¬Å"past consideration is not good considerationâ⬠along with ââ¬Å"consideration must be sufficient but does not have to be adequateâ⬠. (i) Definition and Explanation of Consideration in relation to the Law of Contract In relation to the perspective of contract law, the aspect of consideration is identified as a set of principles that ar e agreed by both the parties while entering into an agreement. With the purpose of enforcing a contract, it is essential for both the party(s) to agree with certain terms along with conditions concerning payment. Therefore, consideration in a contract can further be stated as the commitment of paying the price of a contract by the other party. Consideration may also be recognised as the benefit or interest acquired by one party with loss or liability given by the other party (Field, 2012). Moreover, consideration is also defined as the fundamental prerequisite which denotes certain essential terms along with conditions, to be accepted by both the contractual parties in achieving the predetermined objectives of the contract. Owing to the stated concern, the fundamental law governing the facet of consideration is generally defined as agreed equivalent and inducing causes of the parties, for the purpose of satisfying the value and validity of the contract (Xie, 2010). Therefore, consid eration of a valid contract generally incorporates three major types of obligations that efficiently enable the contractual parties to accomplish their desired objectives. In this regard, the obligations relating to the doctrine of consideration include the following: The obligations associated with a valid and a justified contract law ensure to act independently for smooth progress of the contractual agreement The obligations that are allocated by the third party of the contract and The obligations that exist in a particular contract with an individual, who has created a new promise, for which the persisting obligation is suspected in offering a valid consideration of a contract (MacMillan & Stone, 2012). Roles and Significance of Consideration With reference to the law of contract, consideration ensures to play a decisive role for both the parties in order to achieve a valid contractual agreement. In relation to determine the importance of consideration, it can be affirmed from a broader outlook that ensuring the incorporation of valid conditions in line with the justifiable requirements of a contract is an essential role of consideration. The aspect i.e. consideration
Thursday, October 31, 2019
Employee Involvement, Employee Programs in Organization Performance Case Study
Employee Involvement, Employee Programs in Organization Performance - Case Study Example As such, Gual and Ricart point out that employee involvement should be a platform where employer and employee are anticipated play roles that are designed to improve the organization performance at all levels. In the study conducted by Podsakoff et al., the actual ideas in employee involvement revolves around getting individuals to contribute in most aspects of work decisions and planning since when involved, they feel emotionally attached to the organisation. As a result, when employee increases mental ownership and commitment, the employer is able to retain the handpicked performing employees and there is fostered environment where people prefer being motivated and contributing. Apparently, an investigation carried out by Dunlop and Lee illustrates the concept of employee involvement as one comprising of three sub concepts necessary in mending gaps that might exist between employee involvement and organization performance. These aspects comprise of employee commitment, employment satisfaction, and organizational citizen behavior. Firstly, it is worth noting that employment satisfaction is mostly influenced by what people expect from their work places such as pay, prestige, security and performance. In this regard, it is the employerââ¬â¢s mandate to guarantee that the employee receives both intrinsic and extrinsic employment satisfaction. Secondly, there should be employee commitment particularly in the work they have been assigned.
Tuesday, October 29, 2019
Causes of Obama's victory Essay Example | Topics and Well Written Essays - 1000 words
Causes of Obama's victory - Essay Example This was said to have figured prominently in the election and was one of the main issues that propelled Obama towards victory. In the perception of the electorate, electing John McCain was tantamount to rewarding the very people who got the country into the financial mess. The other issues that mattered were the war in Iraq and Afghanistan. Thus, Obama is widely seen as a transformational figure who would provide relief and succor to a nation divided by partisan politics, besieged by economic problems and insecure in the aftermath of the 911 attacks and the subsequent war on terror. The election of Barack Obama came as part of a historic mandate that saw record turnout by the electorate and a campaign team that relied extensively on the internet to propagate their message as well as secure funding is a sign of our times. Given the track record of the 2000 election that saw the election being decided in the Supreme court led some commentators to wonder,â⬠whose election is this a nywayâ⬠(Wayne, 2007). Drawing from the experiences of Al Gore and John Kerry in the previous elections, the Obama team made sure that they did not repeat the mistakes of the democratic predecessors. First, he came at the right time and was consistent in his theme of ââ¬Å"changeâ⬠. For instance, President Bushââ¬â¢s approval ratings were at 27% because of the financial meltdown and thus change echoed with voter sentiment. Secondly, Obama won ââ¬Å"middle Americaâ⬠more than John Kerry did.
Sunday, October 27, 2019
Structure of the Federal Reserve System and Banks
Structure of the Federal Reserve System and Banks The structure and mission of the European Central Bank, The Bank of Japan and The Peopleââ¬â¢s Bank of China. Do any of these central banks resemble the structure of the Federal Reserve System? If so in what ways? Abstract The central bank is the national currency issuers, is countrys bank, is banks bank. Different countries have different central bank structure and mission. Different structure and mission will influent the independence of the central bank.[documents] Therefore, this topic mainly around the ECB, FDS, PBOC and BOJ to compare their structure and mission. Specific analysis following aspects: capital structure, power structure, organization form, operation and supervision department, objective and monetary policy tools. Using these contains to analysis the influence of these aspects for central bank independence. It will mainly compare to the similar and difference between these four central bank. Our results indicate that power structure is the main factors influencing the independence of central bank. The capital structure has no great effect to its independence. Due to the nature of central bank, different central banks have similar missions. Their monetary tools are also very similar, mainly through open market operations and reserve requirements. Finally, we find that European central bank have highest independence in comprehensive view.The second highest independence is FRS. PBOC has lowest independence between these four central banks. The main reason is that PBOC is the only one directly belong to thethe State Council. It means PBOC is a government apartment. But there also have other influent factor about independence which analysis in the article. Introduction As the main implement institutions of monetary policy in a country, central bankshas a very important position for the countrys economic development. Meanwhile, it has a vital influence for the social employment security stability and price stability.Due to the different economic backgroundand organization structure in the different country, its structure and the mission of the central bank is not entirely same. Therefore, this report mainly compared the similarities and differences between four central banksthrough detailed analysis their structure and functions.At the same time, this article aims to discuss whether these differences will bring different level of central bank independence. Central bank independence is a significant problem. Lots of previous academic studies have shown that independence is an important factor to influence the national inflation rate. Additionally, the structure of this paper is as follows. Section 2 provides a literature review on the different aspect and effect of central bank structure and mission. Section 3 explains the specific aspect of structure and mission in our case study. It has 3 parts, capital structure, power structure, missions and independence of central bank. Section 4 is a summary of the papers findings.Previewing our results, we find that missions of central bank are similar because of the central bank nature.Asà £Ã¢â ¬Ã¢â ¬the same time, difference power structure will lead different independence, then affect monetary policy and the rate of inflation. 2. Background Literature According to the existing literature in central bank structure, as Schoenmaker (2013) points out, it can divided into several aspects: Banks capital structure and quantity, level of economic development, level of central bank independence. ButD. Schoenmaker (2013) mainly through the analysis of inflation index to evaluate independence, because the central bankââ¬â¢s common methods is through monetary policy to control inflation then keep the economic stability. First, about central bank capital aspect, animportant research results isCBFS modelwhich created byPosso and Tawadros (2013).It shows that central Banks capital strength and the rate of inflation is inversely related. But, in oppose, another view fromStella (1997)thinks that the central bank does not need a lot of capital because it is hard become bankrupt.However, in our opinions, enough capital can give central Banks greater ability to face risk. Therefore, based on this view, we will compare the capital structure between ECB, FED, PBOC and BOJ. After that, we reviewed power structure of central bank aspect. It is mainly around the external organizational form and branch institutions. Meanwhile, we consider different central bankstructureand task determines its independence. At present, we find that a lot of economics research thinks that independence and inflation rate is negative correlation. One of results fromArnone and Romelli (2012)has great guiding significance .Arnone and Romelli(2012) not only test the developed countries central banks, like FED,BOJ. Their panel data also included lots of central banks from developing countries. But, however, they do not compare the difference between developing country and developed country. So, our research will pay more attention to this problem. Thirdly, review the literature for central bank mission research, Schoenmaker (2013) was made research and analysis for this. He considers central Banks have two major objectives: monetary stability and financial stability in the traditional views.But we find that many countries have modified its development goalsmany timesin recent decades, especially the reform of PBOC in 2003.Because the development of economic. So, our research will use our four countries latest laws and regulations as a basis to comparison their mission. 3. Analysis 3.1 Capital Structure Capital funds of central bank offered from the state or private or both. The source of capital funds will affect central bank system. It can be separate to state-owned, half state-owned and private-owned.. The capital structure of PBOC is quite single. It is fully owned by the state.In Article 8 of the peoples bank of China act (2003) point out that all the capital of PBOC are invested by the state, it shall be owned by the state. Nowadays, PBOCââ¬â¢s reserves areUS$3.201trillion. Meanwhile, BOJ capital structure is half state-owned. Bank of Japan is capitalized at 100 million yen in accordance with the Act. About 55 percent of the capital is subscribed by the government. Banking Act from Japanregulated that the BOJ do not set shareholders meeting. Shareholders can not join BOJs operation.Shareholders rights is only to get dividends per year and highest do not exceed 5%. The FRS is private equity capital form. All capital provided by private shareholders investment, after authorized by the government, then to perform the function of central Banks.FRScapital funded by12member Banks of federal reserve bank. Thesemember bank subscribe shares, get dividend per year in accordance with the stake, the highest dividend do not exceed 6%. ECB isSimilar to FRS. Itis also has share subscription, but all of share hold by member states in European Union. The amount of capital contribution is decided according to each memberââ¬â¢s GDP proportionand populationproportion in EU.The ECBââ¬â¢s capital amounts toâ⠬5billion.Reserves are 526 euro in total now. It can be find that only PBOC capital provided by government. Other three central banks have stock subscription. ECB is most similar than FED, all of capitalare funded by member banks or national member banks. However, this part only compared capital structure and reserves between these four banks. It is unable to see that the capital structure influence on independence, so later will compare the power structure 3.2 Power Structure 3.21 External Organizational form and branch institutions These four central bank external organizational form can be spate to 3 kinds: unit central bank systemà ¯Ã ¼Ã
âDual central bank systemà ¯Ã ¼Ã
âMultinational central bank system. PBOC and the BOJ are unit central bank system. It means that a country only to set up a unified central bank to exercise power and dutyof the central bank. Central bank itself is unified, its branch institutions generally direct managed by central bank. Most countries adopt the wayat present. Because this mode is conducive to national manage and macroeconomic control. As the same time, it is obviously to limit level of branch institutions independence at central bank. FRS power structure is different from Japan and China.It use dual central bank system, means that the central bank system is composed of two parts: central (the board of governors) and local (member of Federal Reserve Bank). These two parts are relatively independent. The board of governorsis the highest financial decision-making body. Local accept the supervision from central. But local has rights in the concrete implementation and daily operation. So, local have their own independence. The Federal Reserve System divid es 12 areas, each area to set up a federal reserve bank. These 12 banks have independence in their own area. Additionally, ECB is Multinational central bank system. ECB and 27 national central banks compose to ESCB. National bank has own independence. So, we can find that ECB has highest level of independence because it not control by any government or state. The local also have own independence to operate. Similarly, FRS also has high independence level. 3.22 Inside Financial manage and supervision Although central bank not operate for profit, but itstill hasoperating income. Among these four central banks, BOJ and FRS revenue will belong to their countrys ministry of finance after dividends payment. Dividends payment proportion has been given in Section 3.1. In addition, at internalsupervision aspect, they have own supervision department respectively. At external supervision, it mainlysupervised fromgovernment with legal methods. Seminally, PBOCs all profits also belong to the ministry of finance in China, same as Japan and US. But supervision aspect, China was explicitly stipulated in the law amendment in 2003(PBOCs Act): the PBOC as a department under the state council of China, belong to the government departments. So, PBOC isdirectly regulated and supervise fromgovernment. ECB is different than other three banks, it has own financial independence. Operate revenue control by itself. ECB can make own budget. In supervision aspect, it accepts European Union rules. ECB should take responsible to offer report to European Parliament, the European Commission, and the Council of the European Union. But ECB do not control byany country or government. So, obviously, ECB have more independence in financial aspect than others. 3.3. Missions As a non-profit financial institutions,the mission ofthese central banktrends to be consistent: play its functions effectively andachieve their core goal. The main way is through monetary policy, to keep price stability, to promote economic development. According to the ECB official website state, the European Central Bank and the national central banks together constitute the Euro system. The main objective of the Euro system is to maintain price stability: safeguarding the value of the euro. In Japan, the Act sets the BOJs objectives is ââ¬Ëto issue banknotes and to carry out currency and monetary controlââ¬â¢ and ââ¬ËBOJ shall be aimed at achieving price stabilityââ¬â¢ Similarly in China, the Act of PBOC (2003) points out that PBOCââ¬â¢s missions are: to formulate and implement monetary policy, to maintain price stability, to provide financial services. In the US, the Board of Governors of the FRS and the Federal Open Market Committee shall ââ¬Ëmaintain long run growth of the monetary and credit aggregates commensurate to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates. (1977 Federal Reserve Reform Act specified) Monetary policy tools To sum up, we could find that these central bankââ¬â¢s missions all around to keep price stability. It is determined by the central bankââ¬â¢s nature. But their also has some different. For instance, the US also clearly point out FRS should maximum employment and moderate long-term interest rates. Similarly, their monetary policy tools also trends to be consistent, all mainly to use two methods: open market operations and reserve requirements. 3.4 Independence As background literature described, independence is an important aspect to the central bank. This part is extended based on above analysis, to compare these several central bank independence. In the angle of structure, despite these four central banks has different capital structure, but it didnt have obvious effect to independence. Because shareholders do not to participate operations, only charge a small amount of dividends. In organizational form aspect, BOJ and PBOC independence is lowest. Americansdual central bank systemgives more independence between the central and local. In this aspect, ECB system is similarly with FRS. In financial aspect, the biggest independent central bank still is ECB. Becauseother three central bankââ¬â¢s revenues are belong to their national Treasury. About supervision, except PBOC is directly control by government, other three central banks have great independence. They have their own internal supervision mechanism and external legislative intervention by the government. 4. Conclusions On the whole, we find that ECB, BOJ, FRD and PBOC missions are consistent. It is mainly around to keep price stability. Through the contrast of central banks objective and monetary tools also reflects their similarity. With the research of central bank structure and independence, ECB has highest independence,resemble to FRS.It should be mention that the ECB does not public members vote process, so the independence has been questioned in recent years. However, it is no doubt that the worst independence of central bank is PBOC. It is mainly caused by nationalization of the structure. In addition, our study is based on theoretical angle, around power structure and missionsââ¬â¢ analysis, to evaluate its independence. It has not using quantitive data.But reference toMasciandaro,ect.(2008)released specific quantitative rating of the independence of the central bank, (A total of 19 criteria are identified to assess the degree of supervisory independence, and 21 for accountability.) the data are consistent with our analysis. They measured thatPBOC independence index is 0.47 and BOJ is 0.34. ECB and FRS independence is significantly higher. Thus, it could prove our results correctness. References Arnone, M., Romelli, D. (2012). Dynamic central bank independence indices and inflation rate: a new empirical exploration.Paolo Baffi Centre Research Paper, (2012-118). Masciandaro, D., Quintyn, M., Taylor, M. W. (2008). Inside and outside the central bank: Independence and Accountability in Financial Supervision: Trends and Determinants.European Journal of Political Economy,24(4), 833-848. Posso, A., Tawadros, G. B. (2013). Does greater central bank independence really lead to lower inflation? Evidence from panel data. Economic Modelling,33, 244-247. Schoenmaker D. (2013),Chapter 28 -Central Banks RoleinFinancial Stability HandbookofSafeguarding Global Financial Stability,271-284 Stella, P. (1997).Do central banks need capital?. International Monetary Fund.
Friday, October 25, 2019
Characterization, Symbolism, and Repetition in Hundred Years of Solitud
Characterization, Symbolism, and Repetition in One Hundred Years of Solitudeà à The names of characters often suggest something about their personalities, either straightforwardly or ironically. Garcia Marquezââ¬â¢s One Hundred Years of Solitude, Prudencio Aguilar is neither "prudent" nor "eagle-like" (aguila means "eagle" in Spanish).à Repetition of names and behaviors is another technique of characterization. Certain character types, e.g., the contemplative, stubborn man, or the impetuous, forceful man, the patient and nurturing woman, and so on, are represented by more than one individual in the several generations of the Buendia family. All the Jose Arcadios, for example, are assumed to have at least some of the traits of the original Jose Arcadio Buendia (impetuous and forceful), and all the Aurelianos have something in common with Colonel Aureliano Buendia (tendency toward solitude and contemplation). The repetitions are not exact, but the use of similar names is one way to suggest more about a character than is actually said. There are also repetiti ons of particular behaviors, for example, secluding oneself in a room for experiments or study. Some characters have characteristic signs to identify them. Examples include Pilar Ternera's laugh, Colonel Aureliano Buendia's solitary look, Aureliano Segundo's extravagance, Fernanda's continual muttering, and so on. Physical descriptions are used sparingly, letting the reader fill in the details beyond such generalities as "skinny" or "fat," "beautiful," "huge." An exception is made for Colonel Aureliano Buendia, who seems to be drawn from an especially clear mental image of the author's, as though copied from a photograph. Some of the more spectacular individuals are ... ...wears away the axle," until the whole system, including both the constant attempts to renew Macondo and the reproduction of the Buendia clan, breaks down. à Works Cited Bell-Villada, Gene H. Garcia Marquez: The Man and His Work. Chapel Hill: University of North Carolina Press, 1990. Griffin, Clive. "The Humour of One Hundred Years of Solitude." In McGuirk and Cardwell, 81-94. James, Regina. Gabriel Garcia Marquez: Revolutions in Wonderland. Columbia: University of Missouri Press, 1981. McGuirk, Bernard and Richard Cardwell, edd. Gabriel Garcia Marquez: New Readings. Cambridge: Cambridge University Press, 1987). Williams, Raymond L. Gabriel Garcia Marquez. Boston: Twayne, 1984. Wood, Michael. "Review of One Hundred Years of Solitude." In Critical Essays on Gabriel Garcia Marquez. McMurray, George R., ed. Boston: G. K. Hall, 1987.
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