Asian Financial Crisis and Globalisation Essay Example | Topics and Well Written Essays - 500 words

Asian Financial Crisis and Globalisation - Essay Example Therefore this paper investigates the possible causes, contagions and effects of the Asian financial crisis with regard to globalization. The list of potential causes of the crisis is long but a short list would include: the futile attempts of the governments to keep their currencies at artificially high levels, massive overinvestment by various corporations funded by excessive borrowing, government ability to direct banking systems and decisions of lending, crony capitalism, lack of transparency, inadequate financial regulations and supervision, rigidity of labor markets and pronounced mismatch of assets and liabilities in both the corporate and banking sectors (Agà ©nor 1999; Walker 1998). However, the most important causes to the current Asian crises include the low corporate profits and unwillingness of the policy makers to relinquish control. The governments’ directive to the banking systems and the corporate governance structures to increase their sizes and market shares resulted in systematic overinvestment and sharp declines in corporate profitability. Besides decreasing the overall value of most countries in Asia, the shrinking profits weakened the banking sector that most firms rely on for funding (Walker 1998). The government interventions in the currency markets have led to high reductions in the value of currency of most countries in Asia (Rotblat 2001). For instance, when the currency of Thailand (the baht) was overvalued, the government failed to allow an orderly depreciation but fought the market forces because it thought it had enough foreign exchange reserves and wanted to avoid the high political costs associated with the devaluation of baht. With this move, the baht was finally allowed to float and its value fell. Contagion refers to the spread of a financial crisis from one institution to

Short stories Essay Example for Free

Short stories Essay 1. In Poe`s story he tries to create an effect for the reader. What is it, and how does he create it? The effect that Poe seeks to impart in the reader is how greed can lead to one’s downfall. This is created in the form of a cautionary tale where the victim’s blindness to danger puts him in a compromising position. To a great extent, Poe attempts to paint a picture of a descent into insanity that provides a number of morality lessons. In the tale, the narrator opts to wall a man alive for a perceived insult. The narrator is clearly insane, but he is still able to con his victim into a compromising position by playing to the greed and ego of the victim. That is, because the victim wishes to be a part of the elite club that tastes the Cask of Amontillado, he follows the narrator to what is eventually his death. This could have all been avoided had the victim not placed blind faith and trust in the narrator. 2. In Hawthorne`s story, the main character is an `everyman` charactera young, good man. What is the punishment he receives for going into the forest that night? Why is he always so gloomy afterward? Essentially the punishment that Brown receives by following the Devil into the forest is that his perspective on the world is forever changed thanks to his experience. Because his journey teaches him that many of the people he knows are hypocrites and not what he previously believed them to be, Brown becomes â€Å"gloomily† cynical about life, society and people in general. In a way, his ultimate punishment is that he now must look at the world through the lens of a cynical existentialist and is no longer the man he once was. He has been changed by his own experiences due to an errant choice to visit the forest, a mistake he must now pay for the rest of his life. 3. In Mellville`s story, the narrator or story teller seems compelled to ask `Am I my brother`s keeper?` Why does he tell us this story and should he feel guilty about the outcome? Why does he? Because of the absurd nature of the story, the narrator may be repeating the story out of a psychological compulsion to make sense of it. After all, Bartelby’s actions are beyond the norm and well into the realm of insanity. This ultimately leads to his death by starvation which the narrator attempted to circumvent by providing him money that was refused. In a way, it would seem that the narrator feels somewhat responsible for the weird situation that Bartelby finds himself largely because the narrator moved offices leaving Bartelby to the devices of the new landlords. As such, the narrator becomes absorbed by guilt. Should the narrator feel guilty? In a way, the narrator could have handled the situation better, but Bartelby’s fate was decided by him own actions and no one else’s. After all, Bartelby could have moved from the office when asked. Then again, he is insane. 4. Hemingway uses the scenery to reflect the argument between the two characters? How does that work? In a way, the scenery is used so that the characters do not have to truly engage themselves. Their conversation often travels in circles and does not really directly tackle the subject at hand. They never make eye contact and they are constantly looking away at the scenery. This allows the argument to perpetuate because they never truly engage each other. From this, Hemingway provides a clear insight into the problems with confrontation and communication and shows that conflict that is never addressed is never reconciled. 5. In O`Connor`s story, Why does the killer say that last line after killing the old woman? Its no real pleasure in life. This is the last line of O’Conner’s short story and it provides a unique insight into both the killer and society in general. This derives from the sequence of events that drives The Misfit to killing the character of the very dislikable grandmother. In a way, The Misfit’s murder of the old woman frees her from the shackles of the miserable life she endures and The Misfit’s ending of her suffering is, in a way, a welcome relief. However, with that last line, The Misfit acknowledges that the entire course of events could have been avoided had the women’s attitude had not been one of what was essentially self-loathing. In short, she should not have descended into a mental state that welcomed a mercy killing.

Themes Of Betrayal In James Jo Essay -- essays research papers fc

Origins of the Theme of Betrayal in James Joyce's Dubliners Throughout his early years, certain people and events heightened Joyce's awareness of the hopelessly corrupt environment of Ireland that had betrayed so many of its own. The more profound of these enlightening inspirations were the betrayal and downfall of Charles Stewart Parnell, the indifference of Henrik Ibsen towards literary protests, the neglected native artistry of James Clarence Mangan, and Joyce's own role as Prefect. These occurrences provoked Joyce's bitter resentment towards Ireland, initiating the gradual alienation towards his church and homeland. The issue of betrayal is prevalent throughout Dubliners, for Joyce imagined it, hated it, and feared it.   Ã‚  Ã‚  Ã‚  Ã‚  James Joyce was born into a country dominated by England, and the cause of Irish freedom captured his imagination at an early age. The spokesman for this cause was Charles Stewart Parnell, who became a heroic figure to Joyce. It was the early period of Joyce's life that saw Parnell greatest influence and tragic betrayal.   Ã‚  Ã‚  Ã‚  Ã‚  By 1889 the attempt to implicate Parnell in the Phoenix Park murders of 1882 had failed, but in the same year he was accused of adultery in the divorce suit of captain O' Shea. At first it appeared that Parnell might weather this scandal, but a coalition of political enemies and devout Catholics ousted him from leadership of the Irish Parliamentary Party, and the rural population of Ireland turned against their leader with savage hatred. Even Parnell's Lieutenant Tim Healy, who had vowed never to betray his leader, finally turned against Parnell. After a year of campaigning against his enemies, Parnell died on October 6th, 1891—this day marks the beginning of James Joyce's resentful feelings towards Ireland, which were eventually revealed in Dubliners.   Ã‚  Ã‚  Ã‚  Ã‚  When Parnell's body was brought to Dublin for burial, thousands were waiting for a glimpse of the coffin. Among the spectators was St. John Irvine, who mournfully recalled: It was taken from a deal case—'which was thrown aside, but, as it fell, crowds seized it and tore it into fragments that they might have even that as a relic of him'—and carried to City Hall. It lay there under O'Connell's statue through a wet and stormy morning and noon, while t... ...s Clarence Mangan evoked in Joyce the fear of restriction and limitation, leading to his departure from Ireland. From Henrik Ibsen, Joyce learned to ignore protest and controversy, heightening his bitter resentment towards Ireland after nine years of frustration in finding a publisher for Dubliners. And it was Joyce's failed role as Prefect of the Sodality that led to his abandonment of Irish Catholicism. His early life proved to Joyce that Ireland was corrupt, both morally and spiritually. Therefore, Joyce's alienation from, and resentment toward, Ireland were inevitable, as was the theme of betrayal in Dubliners. Works Cited 1) Goldberg, S.L. James Joyce. New York: Grove Press, 1962. 2) Kershner. R.B. Joyce, Bakhtin, and Popular Literature: Chronicles of Disorder. North Carolina: North Carolina U.P., 1989 3) Mangalaner, Marvin, and Richard Kain. Joyce: The Man, the Work, the Reputation. New York: New York U.P., 1956. 4) Sullivan, Kevin. Joyce among the Jesuits. New York: Columbia U.P., 1958. 5) Ellman, Richard. The Conscience of Joyce. Toronto and New York: Oxford U.P., 1977. 6) Garrett, Peter K. Twentieth Century Interpretations of Dubliners. New Jersey: Prentice-Hall, 1968.

The Catbird Seat

The Catbird Seat English 3 AP Date: 3- 13- 13 Pd. 5th Comprehension: 1. Birnbaum feels his â€Å"new place in society† after his accident is that he’s provides with certain specialties due to his disabilities and that now he has special privileges that regular people doesn’t contain. 2. He takes advantage of his new status by cutting in front of lines at the DMV, the movies as well as many other places where people tend to have to wait in a line. He’s also not punished as hard as a regular person for the mistakes he’s made due to his disability. . He describes them as his â€Å"even uppers† for his physical limitations and for the difficulties caused by establishments not complying with the Americans disabilities act. 4. He realized he has limitations as well as everyone else after the incident he went through with the blind person and observed how the blind is much more privileged than the ones with the wheelchair. Purpose and Audience: 1. H e expects the reader to now occupy the life of a disabled person in a wheelchair.He gives daily life examples of his life to show who stands above him and what special benefits have he conquered due to his accident. 2. He specifies his thesis late in the essay since he believes starting off the essay with examples will cause more of an impact on the reader than just stating the thesis so his technique was well thought out. 3. His view point would make an utter change as he might encourage as well as inform the disabilities to know what benefits they achieve as well as the limitations that come from them. . His goal for the essay seems to inform the readers as well as educate them on the life of the disabilities. Now he expects readers to have the same amount of knowledge as him when it comes to people on wheelchairs. Style and Structure: 1. Starting off the essay with an example is an effective introductory strategy, since it grabs the reader’s attentions much more closer tha n any other techniques could have. 2. His essay is definitely much more convincing due to his experience in the life on a wheelchair.It would be impossible to try to come up with other ways to make it much more convincing. 3. He arranges his examples through chronological order and through out a whole direction where the reader wont fall off a cliff. 4. It helps the readers see how people treat the ones that are disabled and has requirements as well as showing how people react to the ones that are much more severely disabled. Vocabulary projects 1. Quadriplegia – Paralysis of all four limbs; tetraplegia. 2. Reprimand – A rebuke, esp. n official one. 3. Purser – An officer on a ship who keeps the accounts, esp. the head steward on a passenger vessel. 4. Condescending – Acting in a way that betrays a feeling of patronizing superiority. 5. Patronizing – Treat with an apparent kindness that betrays a feeling of superiority. 6. Chardonnay – A var iety of white wine grape used for making champagne and other wines. 7. Trumps – any  playing  card  of  a  suit  that  for  the  time  outranks  the  other  suits,  such  a  card  being  able  to take  any  card  of  another  suit.Journal entry – It is reasonable to provide someone with a disability with special privileges since their life long goals are limited. Although it is understandable to see why they are provided with these privileges, it is only required for them to use it well and not act condescending where they take too much of an advantage of the privileges they are provided with. The same aspect applies to Birnbaum as to just keep his advantage level to a minimum and not to rise it to a great extent like he described in his essay. At that point, normal people wouldn’t required the need to act patronizing.

View the Environment: Professional Staff vs Management Staff

In a healthcare environment, the professional, front-line staff members such as doctors and nurses are those staff members who interact directly with customers or the public, rather than with members of the organization. The latter is more typical of management. Although collaboration between nurses and doctors can itself be a problem, this is less likely to prove problematic than the relationship between professional staff members and management staff (Zwarenstein, 2000) Professional staff members, because they have extensive interaction with customers or the public, will invariably have a more patient-focused rather than cost-focused orientation than hospital management staff. Also, in contrast to management, there are stronger time and resource pressures on the front-line environment in an immediate and personal way, than in a holistic and long-term fashion. Professional staff members are technically focused on doing the job for the day and helping patients, rather than helping the hospital-the pressures of patient health provide a more immediate focus. Unlike management, the professional members of the staff have received a considerable amount of structured training as part of their previous, pre-organizational hands-on healthcare education. The hospital organization is legally liable for the actions of front-line staff, should mistakes regarding patient health be made, nor organizational business ‘health'-health care staff are health care professionals, not business people. (Robertson, 2003) There is little team-based or project-based work in the front-line professional health care environment. Instead, the front-line typically performs the work specified by their profession and the needs of patients, reflecting any changes and initiatives implemented by management only when instructed. (Robertson, 2003) Cost of supplies, for example may be a greater concern for management than care for professional staff, and professionals may have less of a tolerance for bureaucracy and paper work, although certain concerns, such as time management may be shared by both.

5 cambios de RAISE Act para sacar la green card

5 cambios de RAISE Act para sacar la green card El à ºltimo intento para llevar a cabo una reforma migratoria en Estados Unidos es la propuesta de ley conocida como RAISE Act, presentada en el Senado por los senadores Tom Cotton de Arkansas y David Perdue de Georgia. RAISE significa Reforma de la Inmigracià ³n a Estados Unidos para el Fortalecimiento del Empleo  (Reforming American Immigration for Strong Employment en inglà ©s). El RAISE Act fue presentado pà ºblicamente en la Casa Blanca, demostrando asà ­ que cuenta con el apoyo del Presidente Donald Trump. Esta propuesta, en el remoto caso de ser aprobada y convertirse en ley, cortarà ­a el nà ºmero de inmigrantes que se permite que ingresen a los Estados Unidos anualmente aproximadamente a la mitad.   En otras palabras, se pasarà ­a de aproximadamente un millà ³n de migrantes legales que obtienen la tarjeta de residencia cada  aà ±o fiscal  a unos 500.000.   Adems, los cambios que se contemplan son numerosos, destacando los que afectan la emigracià ³n por razones familiares, de trabajo, inversià ³n, asilo y loterà ­a de la diversidad. Emigracin por vnculos familiares En la actualidad, 3 de cada 4 inmigrantes se convierten en residentes permanentes legales por una peticià ³n familiar. Los cambios segà ºn RAISE Act serà ­an los siguientes: En primer lugar, los ciudadanos americanos  solo podrà ­an pedir a sus cà ³nyuges, hijos solteros menores de edad y padres. Respecto a estos à ºltimos, la residencia serà ­a temporal y los ciudadanos patrocinadores deben asegurarse de que sus patrocinados tengan seguro mà ©dico y de que nunca se conviertan en una carga pà ºblica. Con el nuevo sistema, los ciudadanos no podrà ­an pedir a sus hermanos, hijos casados de cualquier edad o hijos mayores de edad. En segundo lugar, los residentes permanentes legales solo podrà ­an pedir a sus cà ³nyuges e hijos solteros menores de edad. Es decir, con la nueva ley desaparecerà ­a la categorà ­a que permite solicitar la green card para los hijos mayores que permanecen solteros. En tercer lugar, un cambio importante afectarà ­a la edad de algunos migrantes, ya que con la nueva ley el tà ©rmino menor, o child en inglà ©s, aplicado a los hijos pasarà ­a a significar soltero que es menor de 18 aà ±os. En la legislacià ³n actual se considera menor de edad para  efectos de estas peticiones a los menores de 21 aà ±os que son solteros. Por à ºltimo, se mantendrà ­a la posibilidad de solicitar a cà ³nyuges en el caso de parejas homosexuales. Es decir, las leyes migratorias de Estados Unidos reconocen y seguirà ­an reconociendo la validez de los matrimonios entre un hombre y una mujer y tambià ©n los de dos personas del mismo sexo. Emigracin por trabajo El cupo de migrantes admitidos anualmente bajo esta categorà ­a se mantendrà ­a igual: 140.000, nà ºmero que incluye tanto al trabajador patrocinado como a su familia inmediata. Sin embargo, habrà ­a un gran cambio en la forma de ingresar, ya que RAISE Act contempla un sistema de puntos que en la actualidad no existe, en el cual se valorarà ­an y puntuarà ­an: Tener una oferta de empleo bien pagada (13 puntos, que varà ­an en funcià ³n del salario)Conocimiento  del idioma inglà ©s (mximo de 12 puntos)Edad (mximo de 10 puntos, siendo la puntuacià ³n mxima los 25 aà ±os)Estudios (mximo 13 puntos, valorndose ms las licenciaturas sacadas en Estados Unidos y los estudios superiores en ciencias, ingenierà ­a, matemticas o tecnologà ­a, lo que en inglà ©s se conoce como STEM).Inversià ³n de $1.35 millones (12 puntos)Logro extraordinario, como por ejemplo Premio Nobel o atleta olà ­mpico (mximo de 25 puntos)Haber tenido una peticià ³n de green card pendiente en una de las categorà ­as que ahora se eliminan (mximo de 2 puntos). Cada aà ±o fiscal, los candidatos podrà ­an presentarse y obtendrà ­an la green card quienes tengan mayor puntuacià ³n segà ºn el cupo. Los rechazados podrà ­an presentarse en los aà ±os sucesivos. Eliminacin de categora de green card a cambio de inversin Segà ºn la legislacià ³n actual, es posible  comprar la green card para inversionistas  con un monto mà ­nimo de medio millà ³n de dà ³lares de inversià ³n. Con el RAISE Act, el mà ­nimo serà ­a de $1.35 millones y pasarà ­a a ser una forma ms de obtener puntos para sacar la green card dentro de la categorà ­a de trabajo. Emigracin por cuestiones humanitarias El RAISE Act limitarà ­a por ley a un mximo de 50.000 personas por aà ±o fiscal el nà ºmero de refugiados que pueden ingresar a los Estados Unidos bajo esa categorà ­a, limitando asà ­ el poder del presidente para modificar esa cifra, tal y como se hace ahora, en base a crisis humanitarias o a la polà ­tica exterior del paà ­s. Emigracin por la lotera de visas En la actualidad, cada aà ±o fiscal se sortean 50.000 tarjetas de residencia permanente bajo el programa de la loterà ­a de visas de la diversidad. El ganador puede emigrar legalmente a los Estados Unidos junto con su cà ³nyuge e hijos solteros menores de edad. El RAISE  Act pondrà ­a fin a esta posibilidad gratuita en la que participan cada aà ±o unos 15 millones de personas de todos los paà ­ses autorizados (los ciudadanos de los paà ­ses con altas tasas de emigracià ³n hacia los Estados Unidos estn excluidos). Por qu es importante estar informados sobre el RAISE Act? En la actualidad es muy poco probable que este proyecto se convierta en ley porque no tiene los votos necesarios para ser aprobado en el Senado primero y luego en la Cmara de Representantes. Sin embargo, es importante conocerlo porque muestra muy claramente cules son las directrices que favorecen un buen nà ºmero de legisladores republicanos en materia migratoria. Y, por supuesto tambià ©n sus votantes y el presidente. Tambià ©n es recomendable estar informado para evitar ser và ­ctima de fraude migratorio. Cada vez que se habla de un posible cambio en las leyes hay personas inescrupulosas que venden lo que en realidad no existe con el à ºnico fin de ganar dinero explotando el miedo y la angustia de los migrantes. Estos son 10 telà ©fonos para obtener informacià ³n migratoria y, en caso de fraude, dà ³nde se puede denunciar. La mejor forma de estar a salvo es conocer la ley  tal y como es y estar alerta. Este es un artà ­culo informativo. No es asesorà ­a legal.

Shermans March essays

Shermans March essays Sherman and his 105,000 Union soldiers marched through Georgia and into the Carolinas throughout the month of March. Sherman hoped his "march to the sea" would lower the Confederates morale and help win the war. Sherman and his men began their march in Dalton, Georgia on November 16 of last year. Sherman then spread his army out to a fifty- mile wide diameter and headed towards Atlanta, Georgia. Sherman's men included the Army of the Cumberland, the Army of the Tennessee, and the Army of the Ohio. On March 19 General Johnston attacked one of Sherman's advancing columns. Sherman's men reorganized and Johnston's men backed off. Sherman and his men followed close behind. Due to very poor weather and soggy roads, the pursuit was slowed down. General Betonville Johnston posted his Confederate Army of Tennessee in Dalton, Georgia. Sherman then sent his men around the Confederate's left flank. May 12, 1864 Johnston retreated and dropped fifteen miles south to Reseca, Georgia and took another strong position. Sherman again made a left flanking maneuver. Johnston again avoided Sherman's attack and headed south to Altoona, Georgia. In just one month Sherman and his men had traveled eighty miles in pu rsuit of Johnston. There was continuos fighting between the two sides, but there were no large battles or heavy casualties. On June 27, Sherman once again attacked Johnston at Kennesaw Mountain. Union troops were repulsed with 2,000 killed and wounded. Johnston suffered with 5,000 casualties. Sherman once again shifted into a flanking maneuver, but Johnston retreated. By early July, Johnston had drawn back to the outskirts of Atlanta. Sherman then shifted into a crescent, confronting Johnston to the northwest, west, and southwest. On July 17, Jefferson Davis relieved Johnston of his duties and replaced him with General John B. Hood. On July 20 and 22, General Hood sent his men to strike Sherman's lines, but both attacks were repulsed. On July 28, ...

Learn English With These Basic Conversation Skills

Learn English With These Basic Conversation Skills If youre just starting to learn English, theres no better way to improve your speaking skills than with basic conversation exercises. These simple role-playing games will help you learn how to introduce yourself, how to ask for directions, and more. With practice, youll be able to understand others and begin to enjoy conversations in your new language.  Below are links to some essential exercises that will help you have basic English conversations. Getting Started All you need to begin are the basic conversation guides youll find below and a friend or classmate to practice with. Be patient with yourselves; English is not an easy language to learn, but you can do it. Begin with the first conversation in this list, then move on to the next when you feel comfortable doing so.  You can also use the key vocabulary provided at the end of each exercise to write and practice your own conversations. Asking and Answering Questions Learn how to ask and answer simple  questions in English with these articles. Key skills covered include basic questions, polite questions, asking permission, and providing personal information such as your name, address, and phone number. Introductions Learning how to introduce yourself and greet people both formally and informally are essential skills in any language, whether its your own or a new one youre studying. In these lessons, you learn how to say hello and goodbye, as well as vocabulary that you can use when meeting new people and making friends. Telling the Time and Using Numbers Even if youre just visiting an English-speaking country for a few days, knowing how to tell the time is important. This role-playing exercise teaches you the right phrases to ask a stranger what time it is. Youll also learn how to thank the person who helped you, plus key conversation words. And if youre going to tell time, youll also need to know how to express numbers in English. This article will help you out with all kinds of numbers, including weights, distance, decimals, and more. Finally, when expressing quantities, English uses either much or many, depending on whether the noun is countable or non-countable. Speaking on the Phone Phone calls can be challenging for people who dont speak English well. Improve your telephone skills with this exercise and vocabulary quiz. Learn how to make travel arrangements and how to make purchases over the phone, plus other important words. Best of all, youll use the conversation skills you learned in the other lessons here. Shopping for Clothing Everyone loves to go shopping for new clothes, especially if youre visiting a foreign country. In this exercise, you and your practice partner learn the basic vocabulary that youll use in a shop. Although this particular game is set in a clothing store, you can use these skills in any kind of store. Eating at a Restaurant After youre finished shopping, you might want to eat at a restaurant or go to a bar for a drink. In these dialogues, you learn how to order from a menu and how to ask questions about the food, whether youre by yourself or out with friends. Youll also find a quiz to help you improve your restaurant vocabulary. Traveling at the Airport Security at most major airports is very tight, so you should expect to speak English with many different people when youre traveling. By practicing this exercise, youll learn how to have basic conversations when you check in as well as when you go through security and customs.   Asking for Directions Its easy for anyone to lose their way when traveling, especially if you dont speak the language. Learn how to ask simple directions and how to understand what people tell you. This exercise gives you basic vocabulary plus tips for finding your way. Finally, youll want to know how to ask for a room at a hotel or motel once youve arrived at your destination. Going to the Doctor Nothing is worse than not feeling well and not knowing how to communicate with a doctor. These tips, vocabulary lists, and sample dialogues can help you practice making an appointment. Tips for English Teachers These basic English conversations can also be used in a classroom setting. Here are a few suggestions for using conversation lessons and role-playing activities: Ask students about their experiences in the situation featured in the dialogue. Solicit important phrases, grammar structures, and so on from the students and write them on the board.Introduce new vocabulary and key phrases to students.Pass out printed dialogue to students.Have each student take on a role and practice the dialogues in pairs. Students should take on both roles.Based on the dialogue, ask students to write out their own related conversations using key vocabulary.Have students practice their own dialogues to the point where they can  perform  short conversations  in front of the class.

Impact of Culture on Business Management Japan Essay

Impact of Culture on Business Management Japan - Essay Example Japan is an economic super power nonetheless so one needs to look beneath the surface and see why their productivity is highest in the world and how they are able to flex their economic muscles so well despite being such a tiny nation. Japan is an Island country separated from rest of Asia which enabled it to develop a unique culture quite different even from China form which it has borrowed heavily. This culture can be defined in nutshell as closely knit (team spirit), (elders), sincerity towards work, networking (trust only in known names) and deferring to seniority. Team spirit is the guiding force in all facets, from the family to all rungs of the corporate ladder even politics. Goel observes that to get ahead one has to get along. A nail that sticks out gets pounded down is an oft repeated saying in Japan. The group is more important than an individual; individuals are defined by the group. ( http://www. uwf.edu/ lgoel/documents/ AObservationsonJapanese Culture Pol . pdf). They are taught to be considerate to others feelings and take lot of care to make all around them comfortable. They take their work very seriously. Punctuality in starting work and formal atmosphere is the norm everywhere. It is rare to hear laughter or see backslapping except during breaks. Working late is a routine which many a times is not even reported or paid for. With computerization most of them carry work home almost everyday. Loyalty and fidelity towards the employer is taken for granted and it is common for them to work for the same firm for their entire life. They do not like to deal with complete strangers so usually shokai-sha (introducer) is the go between. Thus having a known person for introduction goes a long way in trust building. They place high value on seniority, more senior the introducer better impact it carries. Shokai-sha is even present during the contract signing ceremony. Business Communication and Management Style- Both the countries have totally different business communication and management styles which are the result of their opposing cultures and work habits. Japanese mistrust of strangers shows in the number of questions and take time taken to reach a decision. It is important to remember that to get them to compromise one has to show willingness to compromise too. Politeness is never abandoned; harmony is never threatened even in case if something disagreeable needs to be communicated, silence reigns and a lot of pondering is done for a long time. Usually the subject gets changed and diverted to trivial social chit chat. Decisions are reached only after consensus has been reached amongst all the team members so they like to break meetings to have private words with each other. Patience needs to be cultivated for interacting with the Japanese. Business structures in Japan like in other walks of life like political, academic and religious spheres is like that of the parent and child. In this the superior (parent) takes care of the subordinate, who is supposed to be obliged and repay it. Corporations often pay for personal needs like housing, excursions, outdoor activities of their employees and their families in return for life long employment. They don't like to break harmony or say no on the face directly for the fear of humiliating the other person, so they come across as "reserved, cautious,

Significance of Anishinaabe Literature Essay Example | Topics and Well Written Essays - 2500 words

Significance of Anishinaabe Literature - Essay Example No matter what the content is, any piece of literature can only survive the test of time, and gradually transforms into a legend, if it fulfills the criteria of relevancy and righteousness. A fable, poem, play, or an anecdote, will have a continuing impact if it contains a moral lesson, which not only relates to the readers’ life, but also fills them with a sense of hope, and acts as a guide during tough patches of life. This is the reason Anishinaabe, also referred as Ojibwe, folklore, especially the short stories, had been, and is still famous among the Native American and general population. Long before Ojibwe had a written language, storytellers kept ‘Books’ of the tales, where few raconteurs were responsible for compiling the historical incidents, another group of narrators accumulated cultural myths, and the last group gathered religious traditions (Dunn, 20). Majority of these stories were transferred orally from an older generation to a younger generation, to convey the underlying moral messages, and to teach the wisdom within. Anishinaabe literature plays a crucial role in the life of indigenous people, as it richly portrays their dynamic history, guides their troubled and disillusioned younger generation, and serves as a moral support during turbulent times; whilst constantly depicting their abounding values, and their interconnected world of man and nature.Their accepted wisdom, regarding the initial development of life, is clearly delineated in the ‘stories of creation.... Historically it is believed that the process of creation took place in four sequences; first of all the physical world came into being, followed by the plant, and animal worlds, and lastly human race was formed (Johnston, 21). Johnston further describes that traditionally in Anishinaabe historical stories, the ‘Kitche Manitou’, the Great Spirit, and their equivalent of Christian God, had a vision of the world as it is today, and proceeded to create all four types of life, out of nothing. Kitche Manitou also bestowed special and distinct powers to each living being, for example, the sun was given the power of ‘light and heat’, the earth was bestowed with ‘growth and healing’ capacities, so that they all can effectively carry out their functions of life in this world, and also live in harmony with other creatures (12). An important fact here is that, in Anishinaabe historical accounts, the human race was created at the end, and is considered the w eakest of all types of living beings. It can also be said that this belief was meant to keep the mankind, known for his arrogance, and pride, humble and considerate of those around him. Bird quotes an Anishinaabe elder claiming that â€Å"If the waters stop flowing, there will be no life; if the plants die, there will be no life; if all the animals die, there will be no life; if, however, humanity ceased, life will flourish† (4). This statement eloquently captures the perceived interdependence of human race on other forms of life, and again strengthens the initial argument that to realize one’s rightful position in the world, one needs to recognize the value of other beings, and be grateful of what is

Brand Influence on the Behavior of Generation Y Research Paper

Brand Influence on the Behavior of Generation Y - Research Paper Example The paper "Brand Influence on the Behavior of Generation Y" discusses the factors of fashion brands that influence the buying decisions of this segment. Research shows that price, peer feedback, advertising, emotional value, product quality, brand identity and the physical environment influence the buying behaviour. These factors are discussed in detail in the following sections. This paper is based on the findings of qualitative research conducted on Generation Y fashion consumption behaviour. The benefit of a qualitative research is that it can accommodate a wide variety of sources and benefit from the scholarly work of several researchers. The study is based on analysis of secondary sources which includes research publications and online content. Major themes that recur most frequently in the secondary sources have been discussed in this paper. Research journals, textbooks and websites covering issues of brand management and marketing were consulted to collect data for this paper. The results of the research showed that rational factors affect brand consumption behaviour among Generation Y consumers as much as emotional factors. The consumers appear to be motivated by product quality and price based on their parental influence. At the same time, they are also influenced by peer feedback, brand identity and brand advertising. As a result, fashion brands pay equal attention to reflecting quality through tangible and intangible aspects in their product development and marketing practices.

Pension scheme Essay Example | Topics and Well Written Essays - 1500 words

Pension scheme - Essay Example 212). There are several factors that determine the amount of money that each retiree receives. This means that the fact that the defined benefit pension scheme promotes the payment of fixed amount of money every month does not mean that all organizations agree to pay a fixed amount of money to all their employees. Even within the same organization, not all employees receive the same amount of money. The actual contract of fixed amount payment is therefore between the employer and each employee; rather than between the employer and all members on the staff. To create a difference between how much each employee would take upon retirement, there are a number of mechanisms used to calculate the monthly. The commonly procedure is for employers to multiply the number of years each employee worked by a constant pound value (Diamond and James, 1985, p.12). For example an employee may choose to multiple the number of years by ?120. In this case, an employee who worked for 20 years will receiv e 20 x 120 which is equal to 2400 every month. Defined Contribution Pension Scheme Unlike the defined benefit pension, the defined contribution pension scheme does not guarantee a fixed monthly amount of money. Somehow, the name of this scheme, which is defined contribution, explains the technique behind this scheme and that is, an employee would receive a certain amount of money based on certain contribution made. This calls for the setting up of a fund, such as a pension fund. The employer agrees to pay a certain amount of money into the fund each year. In some jurisdictions, the employee is also free make similar contributions into the fund. The amount of money that the employee would receive each month upon retiring therefore depends on the amount of income that the accumulated money in the fund can generate. A very special feature that defined contribution pension plan possesses is that the recipient of the benefit is also entitled to any investments that the fund that was set can generate. For instance if the fund was invested into a mortgage, the amount of interest that the mortgage investment generates also becomes part of the calculation when determining how much the retiree will receive at the end of each month after retiring. This therefore leaves employers who want to use this pension scheme as a source of motivation for their employees to look for highly beneficial investment funds that can guarantee their employers much revenue for selection. In the absence of such an investment fund, the only amount that the employee can be assured of would be the accumulated contribution made by the employer or by both the employer and the employee (Amoroso, 2003). Comparison between two types from perspective of members of the pension scheme Primarily, members of the pension scheme are made up of employers and employees. In the sight of each of these people, are there a number of factors that they would consider in either agreeing to go for defined benefit pen sion plan or defined contribution pension plan. Most commonly, the outstanding feature that these two people look at is what is referred to as market risk. Chuck (2012) notes that â€Å"market risk is the risk associated with changes in the value of the investments in the plan.† Technically, both types of pension plans are special forms of investments where by in the defined benefit p

World Literature Essay Example | Topics and Well Written Essays - 750 words

World Literature - Essay Example It was probably composed in the 8th century bc. After the fall of Troy at the end of the Trojan War, Odysseus is forced to wander for ten years before returning home to his wife Penelope in Ithaca. This story has a lot of women characters who each played an important role in Odysseus’ life and influenced his decisions. Penelope, his wife struggled to maintain her loyalty and affection as well as the integrity of her household during Odysseus’s long absence. She was depicted as resourceful and intelligent as her husband. Penelope was a picture of a woman with whom any man is willing to do anything to keep her or to get her. In this story, Penelope was wooed by a lot of suitors and all of them are willing to kill her husband Odysseus just to win her heart. Odysseus on the other hand was willing to endure sleepless days and nights, dangerous adventures and fights in strange lands just to get back home to his wife. The tender Calypso, the sinister and beautiful sorceress Ci rce, the singing Sirens and the charming Athena has made Odysseus travel both difficult and victorious. This play shows that a woman can have a different face – wise, cunning, sinister, temptation, love, hope and death – a man just has to wise enough so as not to be fooled. Agamemnon, in Greek mythology, is the king of Mycenae and commander of the Greek forces in the Trojan War. He was the son of Atreus and suffered the curse laid on his house. When the Greeks had assembled in Aulis for their voyage to Troy, they were held back by adverse winds. To calm the winds, Agamemnon sacrificed his daughter Iphigenia to the goddess Artemis. Artemis is a goddess of hunt and was known to be a friend and protector of youth especially young women, but in this scene, we saw that in order to please the gods Agamemnon was willing to sacrifice his daughter and his daughter in turn just submitted. In as much as Agamemnon would have objected it

Pension scheme Essay Example | Topics and Well Written Essays - 1500 words

Pension scheme - Essay Example 212). There are several factors that determine the amount of money that each retiree receives. This means that the fact that the defined benefit pension scheme promotes the payment of fixed amount of money every month does not mean that all organizations agree to pay a fixed amount of money to all their employees. Even within the same organization, not all employees receive the same amount of money. The actual contract of fixed amount payment is therefore between the employer and each employee; rather than between the employer and all members on the staff. To create a difference between how much each employee would take upon retirement, there are a number of mechanisms used to calculate the monthly. The commonly procedure is for employers to multiply the number of years each employee worked by a constant pound value (Diamond and James, 1985, p.12). For example an employee may choose to multiple the number of years by ?120. In this case, an employee who worked for 20 years will receiv e 20 x 120 which is equal to 2400 every month. Defined Contribution Pension Scheme Unlike the defined benefit pension, the defined contribution pension scheme does not guarantee a fixed monthly amount of money. Somehow, the name of this scheme, which is defined contribution, explains the technique behind this scheme and that is, an employee would receive a certain amount of money based on certain contribution made. This calls for the setting up of a fund, such as a pension fund. The employer agrees to pay a certain amount of money into the fund each year. In some jurisdictions, the employee is also free make similar contributions into the fund. The amount of money that the employee would receive each month upon retiring therefore depends on the amount of income that the accumulated money in the fund can generate. A very special feature that defined contribution pension plan possesses is that the recipient of the benefit is also entitled to any investments that the fund that was set can generate. For instance if the fund was invested into a mortgage, the amount of interest that the mortgage investment generates also becomes part of the calculation when determining how much the retiree will receive at the end of each month after retiring. This therefore leaves employers who want to use this pension scheme as a source of motivation for their employees to look for highly beneficial investment funds that can guarantee their employers much revenue for selection. In the absence of such an investment fund, the only amount that the employee can be assured of would be the accumulated contribution made by the employer or by both the employer and the employee (Amoroso, 2003). Comparison between two types from perspective of members of the pension scheme Primarily, members of the pension scheme are made up of employers and employees. In the sight of each of these people, are there a number of factors that they would consider in either agreeing to go for defined benefit pen sion plan or defined contribution pension plan. Most commonly, the outstanding feature that these two people look at is what is referred to as market risk. Chuck (2012) notes that â€Å"market risk is the risk associated with changes in the value of the investments in the plan.† Technically, both types of pension plans are special forms of investments where by in the defined benefit p

Assignment Example | Topics and Well Written Essays - 1500 words - 10

Assignment Example e researchers argue that this definition is inefficient because they believe that some individuals may diverge from biological norms and be alright without being sick. The World Health Organization (WHO) came up with their definition to cover the gap that exists in the biomedical definition. The organization defines health as the status in which a person has completeness in the social, physical, and mental being. WHO formulated this definition of health in 1946 during the development of its constitution. Researchers argue that this definition is superior to the biomedical meaning because it considers the physical, social, and mental conditions of human beings (Gedge, & Waluchow, 2012). This definition also does not ignore the impact of the society on the health of individuals. However, the WHO meaning of health also has a weakness because scientists argue that it is impossible to achieve completeness in the social, physical, and mental being at the same time. The third definition of individual health is that of Health Canada, which states that health is a state in which people familiarize and respond to their daily activities (Gedge, & Wacluchow, 2012). This description of health improves that of WHO because it does not require individuals to achieve completeness in physical, social, and mental condition. The fact that this definition is superior to that of WHO indicates that it is also superior to the biomedical description of health. The word health may also be defined in terms of the wellbeing of the whole population in the society rather than individuals only. The health of the population refers to the wellbeing of all individuals in the society as indicated by physical, social, and economic surroundings, health pointers, health services, and childhood development (Gedge, & Wacluchow, 2012). This means that population health deals with the factors that affect the health of numerous individuals in the society at the same time. This interrelationship between

GE’s Talent Machine Essay Example for Free

GE’s Talent Machine Essay Leadership development is a heavy priority for GE. The company put a great emphasis on building leaders. Four successive CEO each made contributions to the development of management talent. The CEO Cordiner implemented a decentralization practice that broke the company into various departments. The new company structure was more manageable but required more delegation. As a result of the decentralized structure, GE put a great emphasis on developing organizational learning. GE spent a lot of money on management education to expand managers’ leadership ability and general management skills. Education is one of the three life and work experience that contribute to leadership development (P479). The first corporate university was built by Cordiner where provided programs on executive education and management training. Those learning programs focus on personal growth that help employees to improve themselves continuously in GE’s learning culture. GE had various programs for finding potential leaders and preventing brain drain. The Session C was a performance assessment process that implemented to promote â€Å"high potential† employees. It included the individual evaluations, the career forecasts, and the succession plans. Subordinates were placed on a six-point scale from â€Å"high potential† to â€Å"unsatisfactory†. This feedback-intensive program helped the potential leaders to understand their behavior patterns, and they were able to find more constructive ways of achieving their objectives (P488). Another GE’s leadership excellence named disciplined performance management analysis, also known as the â€Å"vitality curve† was added to Session C. The incentive ranking system help GE to seek the best talents and to sustain a high-performance workforce. In addition, the CEO Reg Jones initiated a more structured practice to strategic planning to make the review process more manageable- the strategic business unite (SUBs). All those programs help GE to build a results-driven workforce. That is why GE is a â€Å"CEO factory. The forced ranking system put much pressure on employees for improving performance and productivity. The system feed on favoritism, and managers as rankers may intentionally give the high assessment to the people who are close to them. My suggestion for the vitality curve is to add a peer  evaluation into the ranking system. However, fairness could also be questioned in this case, because some people end up at the bottom even thought their performance may be perfectly satisfactory when judged in isolation. Also, it is easy to present the blind competition because the success of one employee is a lost opportunity for others. Additionally, I suggest having the 20% highly progress reward from the highly valued 70%. Recognition and rewards for the top 20% should keep the same, but add more recognition to the average performers who improved a lot compared with last year. This practice will boost the confidence of average employees who think they will never be rewarded. On the flip side, it may be more complex and take longer time to evaluate the performance. Since GE conduct business all around the world, a more aggressive international approach is needed. I suggest GE to focus on global recruitment that can provide more opportunity to hunt talents. One thing GE could do is partnerships with universities overseas, and open training and developing programs in the universities to attract potential non-American young talents. GE could provide internships and jobs for high performers who enter the programs. The programs may require a lot investment, and the benefit is unknown. People may use the programs as stepping stones to their own career. Great leaders are great learners. Learning does not end when I get out of college. Learning is a life long process. As a potential future leader, I have to adopt continuous learning as my personal leadership priority. As I learned form the ITO (Individual, Team and Organization) class, knowledge could be classified into explicit knowledge and tactic knowledge. Explicit knowledge could be learned though training and books. It is beneficial for me to read more books to enrich the knowledge, and keep my knowledge updated to the current world. Also, I need to learn to be opportunistic, and take advantage of training programs. Tactic knowledge, in contrast, is what I can learn through experience. I could take advantage of networking, and meet new people to build week ties. Therefore, I could have more opportunities to experience different things though those week ties. Finding a good mentor in the organization is also good for my learning development. Also, ask for  feedback. Another thing I learned from GE is the goal orientation. The company set a clear objective of building leaders, and all the leadership development practice were build to fulfill that goal. I have to set both short term and long term goals that motivate me to achieve. Finally, be self-awareness. I need to take time to think about my strengths and weaknesses, and do self-evaluation regularly to summarize areas that I need to improve.

Theories for Determinants of Emotional States

Theories for Determinants of Emotional States INTRODUCTION An individual fast asleep at night is suddenly awakened by a loud noise coming from somewhere within the house. He immediately becomes physiological agitated: the body begins to sweat, the heart beats faster, and hands begin to tremble. Does he experience fear, or perhaps another emotion such as anger, or even happiness? Schachter and Singer (1962) proposed a two-factor model that specifies the conditions under which people will experience one particular emotion or another when faced with an emotionally exciting event, such as impending danger. This model states that a person’s emotional response to danger is dependent on the interaction between their physiological arousal and cognitive appraisal of the situation (e.g. whether it is dangerous or not). Ordinarily, danger would trigger biological changes, such as increased heart rate, trembling, crying, and perspiration. These physiological changes in turn determine both the intensity (i.e. level) and quality (i.e. type) of our emotional response. However, the particular type of emotion experienced depends on how we cognitively perceive or ‘read’ the situation. For example, we experience fear if the situation is appraised as dangerous or life threatening, such as an approaching lion, or an imminent category 4 tornado. SUPPORTING ARGUMENTS In the scenario described at the beginning of this essay, the individual woken suddenly by a noise, and physiologically aroused will experience emotional arousal. The intensity of his emotions will be a direct function of his level of physiological arousal. So, for example, we will experience very strong emotions if his heart is beating extremely fast and he is sweating profusely. However, the type of emotion experienced will depend on how is appraises the situation. He will experience fear if for example he believes a burglar has broken into the house and is armed and dangerous. By contrast he may experience anger if he knows that his excitable pet dog probably knocked something down while chasing his cat around the house. Or he may experience happiness if he knows the noise was caused by his loving fiancà ©e who has just returned from the airport after long holiday her parents, and perhaps tripped over something when entering the darkened house. Schachter and Singers (1962) two- f actor model is actually a redevelopment of the James-Lange theory. James Lange originally proposed that emotional experience is contingent on the physiological changes induced by an event. Thus, for example, imminent natural disaster for example will first trigger an emotional response in an individual, for example anxiety. Because they feel anxious, the person will experience physiological changes consistent with this emotion, for example increased heart rate, and perspiration. ALTERNATIVE EXPLANATIONS Whether physiological changes precede emotional arousal, or vice versa, is a controversial subject. Psychologist Walter Cannon (1927/1987) proposed an model, known as the Cannon-Bard theory, which contends that physiological arousal is in fact contingent on emotional experience. It can be argued that human beings are not very good at monitoring physiological changes in their body. For example, subtle changes in heart rate, or mild increases in perspiration may go undetected (Chwalisz et al, 1988). If so, then people may simply fail to experience any emotion, regardless of their appraisals of the situation. Yet, people generally react instantaneously to danger, exhibiting signs of emotional disturbance, without necessarily being aware of an increase in heart rate or other physiological changes (Zillman, 1978, 1988). The emotional experience isn’t determined by our detection of biological changes, but rather may be contingent on how we appraisal of the stimulus, and our memory ( i.e. prior experience) and general knowledge about the stimulus. For example, an individual who suddenly comes face to face with a lion will correctly judge that this animal can kill and therefore his life is under threat. This appraisal in turn will produce fear. Similarly, the person may remember that he was viscously attacked the last time he met a lion, and/or more probably be aware of the fact that big carnivorous cats kill people. Another problem with the Schachter and Singer model is their failure to account for how people cope with threat or danger. They assume that physiological arousal elicits emotional arousal, so that they relationship between the two variables is always positive. However, theories on coping propose that two people confronted with the same stressful event may experience marked different intensities of anxiety. More specifically Janis and Mann’s (1977) conflict-theory argued that the level of intensity experienced varies depending on how people deal with stress generated by uncertainty what to do. Complacency results in little or no emotional arousal. Defensive avoidance refers to evasive strategies, such as denial, wishful thinking, and shifting responsibility -emotional arousal is generally low, but easily becomes intense when signs of the danger become salient. Hypervigilance denotes panic, and occurs when the danger seems highly imminent (e.g. an approaching tornado, or impendi ng illness). It is characterised by extremely high levels of emotional arousal. Finally, vigilance refers to a rational, and logical problem solving approach, and emotional arousal is considered to be ‘moderate’, rather than extremely high or low. The problem with Janis and Mann’s (1977) model is that to date there has been a paucity of experimental research testing the association between coping strategies and stress levels (but see Mann Tan, 1993). However, studies have demonstrated correlational relationships between coping styles and emotional arousal (Witte Allen, 2000), suggesting that the former should form an important element of Schachter and Singers (1962) model. More specifically, it is possible that physiological changes generate strong emotions when people cope in one particular way, and little or no emotion arousal when people cope another way. Stimulus Characteristics Schachter and Singers (1962) model makes no reference to features of the stimulus itself. Rogers (1983) argued that the way we respond emotionally to a stimulus, specifically a threatening communication such as a health warning, depends on how we perceive aspects of the stimulus. He argued that dangerous events, such as a probable illness or impending natural disaster contain cues as to the probability of the event, and its seriousness or magnitude. The greater our estimates of the seriousness of a threat, and its probability of occurrence, the greater the level of anxiety experienced. In other words, stimulus characteristics determine the intensity of our emotional experience. A large volume of research published since the mid 1970s has found ample evidence in support of Rogers (1983) ideas (see reviews by Eagly Chaiken, 1993; Milne et al, 2000). In fact Rogers formulations continue to influence professional thinking especially in trying to understand people’s emotional reac tions to threatening health communications. It can be argued that Rogers’s ideas do not invalidate Schachter and Singers (1962) model. Stimulus characteristics may simply be something else people consider, in addition to monitoring their physiological parameters, and trying to work out the situation. Or perhaps Rogers’s appraisals fit in with Schachter and Singers emphasis on appraisals of the situation. Thus, if people perceived the situation as highly dangerous, because of the high severity and probability of the danger, then they would interpret their physiological arousal as fear. METHODOLOGICAL AND ANALYTICAL ISSUES Critique of Schachter and Singers two-factor model requires closer scrutiny of the evidence they present in support of their model. Various methodological and analytic constraints limit the conclusions that may be drawn (Coolican, 1994). Firstly, the study design is questionable. This study was set up as a between-groups design with subjects assigned to either one of two physiological arousal conditions – a treatment group (injected with adrenaline), or placebo group (given a saline condition). There was no control group. The presence of a control group is significant because it allows the researcher to demonstrate that observed effects were not simply a result of the ‘anticipatory’ effects of interventions (treatment or placebo) given to subjects. Another problem with the design was the failure to control for background variables that may confound treatment effects. In particular, subjects baseline emotions prior to the study should have been accounted for in the analysis, in order to partial out any pre-intervention differences between groups. The population was a sample of introductory psychology students. This kind of sample is generally better informed that the average man on the street, and have been able to decipher the researchers’ hypotheses, and hence provide responses intended to confirm or refute the predictions. The sample size was also rather limited (just over a 100), making it more difficult to detect statistically significant differences between the groups. This may partly explain the absence of group differences in self-reports of anger between the adrenaline-ignorant and adrenaline-informed groups. The anger condition was problematic because it was felt that subjects didn’t want to display anger towards the experimenter regarding their participation in the experiment. The sample was not randomly recruited meaning that the findings may in fact be specific to the particular subjects used, and may not generalise accurate to the wider population. CONCLUSIONS Perhaps the best evidence in support of the two-factor model lies in the difference observed between the three ‘information’ conditions amongst subjects injected with adrenaline. Those in the adrenaline-ignorant and adrenaline-misinformed group reported the highest ‘happiness’ levels, presumably because, lacking information about why they were experiencing physiological arousal, there automatically assumed that they felt that way because they were happy. This demonstrates two things. Firstly, it shows that physiological arousal may elicit an emotional experience (intensity), and secondly that an understanding of the situation led to a particular type of emotional experience – happiness. This confirms supports the two-factor proposition that emotional experience is a function of the interaction between physiological and situational (i.e. cognitive) factors. Nevertheless, the evidence is questionable, largely due to the absence of a control group, and a lso the small sample size. Schachter and Singers analysis also fails to account for other factors that may moderate that may have an independent effect on emotional experience, regardless of physiological arousal, such coping strategy, memory, prior experience, and general knowledge. There is a strong possibility that the impact of physiological arousal may be significantly attenuated after accounting for additional factors. In essence, emotional experience in certain circumstances may be driven solely by cognitive factors (i.e. thoughts, perceptions, memory), with biological changes have little or no effect peoples emotional response. REFERENCES Cannon, W. (1927/1987) The James-Lange theory of emotions: a critical examination  and an alternative theory. Special issue: 100 years of the American Journal of  Psychology. American Journal of Psychology. 100, pp.567-586. Chwalisz, K., Diener, E. Gallagher, D. (1988) Autonomic arousal feedback and  emotional experience. Evidence from the spinal cord injured. Journal of  Personality Social Psychology. 54, pp.820-828. Coolican, H. (1994) Research Methods and Statistics in Psychology. London: Hodder   Stoughton. Eagly, A.H. Chaiken, S. (1993) The Psychology of Attitudes. Fort Worth, TX:  Harcourt Brace Jovanovich. Janis, I. Mann, L. (1977) Decision Making: A Psychological Analysis of Conflict,  Choice, and Commitment. New York: The Free Press   Mann, L Tan, C. (1993) The hassled decision maker: the effects of perceived time  pressure on information processing in decision making. Australian Journal of  Management. 18, pp.197-209. Milne, S., Sheeran, P. Orbell, S. (2000) Prediction and intervention in health related  behaviour: a meta-analytic review of protection motivation theory. Journal of  Applied Social Psychology. 4, 149-163. Rogers, R.W. (1983) Cognitive and physiological processes in fear appeals and  attitude change: A revised theory of protection motivation. In B.L. Cacioppo,   L.L. Petty, D. Shapiro (Eds), Social Psychophysiology: A Source Book  (pp.153-176). London, UK: Guilford. Schachter, S. Singer, J. (1962) Cognitive, social and physiological determinants of  emotional state. Psychological Review. 69, pp.379-399. Witte, K. Allen, M. (2000) A meta-analysis of fear appeals: implications for  effective public health campaigns. Health Education Behaviour. 27, pp.591-  615. Zilman, D. (1978) Attribution and mis-attribution of excitatory reactions. In J.H.  Harvey, WE.J.Ickes R.F. Kidd (eds) New Directions in Attribution  Research Vol 2. Hillsdale, New Jersey: Erlbaum. Zilman, D. (1988) Cognition-excitation interdependence in aggressive behaviour.  Aggressive Behaviour. 14, pp.51-64.

The Sino-American Relationship Essay -- China Politics Government Essa

The Sino-American Relationship   Ã‚  Ã‚  Ã‚  Ã‚  The main focus of this paper is to analyze the Sino-American relationship and the factors both past and present that make it a complicated and very important issue, as well as future expectations for the development of continued relations. American contact with China in the past has been less than positive and China is a country that values respect and honesty in its value system. China and the USA do not share the same view of the world. There has been much misunderstanding and even underhanded policy when it came to the USA, especially with the changing of our presidents. Clinton was a strong supporter of having Asia involved in the future of America. He urged that China become a part of the World Trade Organization to make the relationship that of a partnership. He had been quoted as referring to China as a strategic partner while Bush described China as a strategic competitor. (Tyler p1) Imagine the shock of China to be turned from favored friend to possible e nemy within the period of less than a year. In my opinion this is a relationship that both sides can mutually benefit from however up until this point it has been clouded by great egos and failed policies. This is an extremely important issue to discuss because China is one of the largest nations in terms of billions of people, as well as an upcoming superpower. In the future China will become stronger in terms of production and business, and the USA would be wise not to cause permanent damage by ignoring treaties and past foreign policy. America must remember they cannot change the rules of the game in the middle of playing! America is a democratic nation that values human rights, and in that platform fights a moral war naturally which would put the USA at odds with China on more than one issue.   Ã‚  Ã‚  Ã‚  Ã‚  My personal expectations for the future of China and America’s diplomatic relationship is that it will continue to deteriorate if the USA does not find a better way to deal with the current problems involving Taiwan. The issue that I am mainly concerned with is the one-China principle which is set to have Taiwan ruled by the Communist party and no longer be a democratic entity and China would have sovereignty over Taiwan. Clinton had long urged that the USA continue to abandon talks with Taiwan and stuck to that policy during much of his term as president, t... ...bliography Chung, Chien-Peng. â€Å" Taiwan's Future: Mongolia or Tibet? â€Å"Asian Affairs: An American Review, Winter2001, Vol. 27 Issue 4, p233, 13p Embassy of the Peoples Republic of China in the USA. â€Å"Background: Sino American relationship.† 10 June, 2001 http://www.china-embassy.org/eng/7030.html Tyler, Marshall. â€Å"Clinton Calls for Swift WTO entry for China.† Los Angeles Times. 11 May 2001. Hui, Chun; Law, Kenneth S Tjosvold, Dean;. â€Å"Constructive Conflict in China: Cooperative Conflict as a Bridge Between East and West.† Journal of World Business, Summer2001, Vol. 36 Issue 2, p166, 18p â€Å"Pilot missing after US Spy jet sparks plane crash.† China Daily. 2 April 2001. Http://www1.chinadaily.com.cn/highlights/docs/2001-04-29/2520.html O’Hanlon, Michael. â€Å"War and coming Conflicts.† Harvard International Review, Summer 2001 Vol 23 Issue 2 p.42. Weidenbaum, Murray. †United States- China- Taiwan: A Precarious Triangle.† Challenge, Sep/Oct2000, Vol. 43 Issue 5, p92, 15p Wright, Robin. â€Å"The World: U.S. Tilt to Taipei is seen as Risky.† Los Angeles Times. 21 May 2001. â€Å" Sino-U.S. Ties Should Go Ahead From EP-3 Incident: Ambassador.† Xinhua News Agency. 6 June 2001.

Meaning of Professionalism and Why Healthcare Providers Are Held to Higher Standard of Accountability

Criminal Justice System Kimberly Cruse Kaplan University October 14, 2012 CJ150: Juvenile Delinquency The current juvenile justice system (JJS) has evolved over the past century with numerous differences that distinguish it from the criminal justice system (CJS). Juvenile justice proponents argued that the youth posses diminished responsibility as well as legal understanding. The earliest court started in Chicago, in 1899. A century later, there has been considerable debate on the goals as well as the legal procedures for handling juvenile offenders.The most intriguing question is whether to treat juvenile offenders differently than adult offenders. This debate draws numerous opinions from citizens, policy makers, and specialists (Edwards, 2008). Initially, the establishment of the JJS targeted individualized justice, and it focused on rehabilitation of youthful offenders. However, although there were other outstanding mitigations, the court superseded with its emphasis on care and r ehabilitation of the juvenile offenders.Consequently, the proponents upheld the youth responsible for their unlawful behavior. In addition, they asserted that society needed protection through an informal justice system (IJS). This would focus on the suitable treatment and children’s interests. Moreover, this approach is still applicable and effective for numerous juvenile offenders whose crimes state offenses and property offenses to drug offenses. Sources have revealed that a number of states have adopted separate programs within the adult correctional centers.Florida and South Carolina are the two states that have established different facilities for housing juvenile inmates. The age range is the key determinant of which youth ought to be housed in such facilities. In the above-mentioned states, the two age ranges are between 18 and 21, or 18 and 25. I also support the idea of housing them in different facilities thus avoiding cases of mistreatment (Elrod & Ryder, 2011). C urrent sources have revealed a rise in the fraction of cases processed in the juvenile court system.For instance, the number of cases processed in such courts in 2005 was 1. 6 million. The research has shown that the drug law violation, public order offense, and property offense cases are among those dealt with in a juvenile court. The graphs show an increase, along with a decline in the number of cases directed to juvenile courts for processing (Elrod & Ryder, 2011). It is notable that, in each state, government has ensured the existence of a court to handle crimes committed by juvenile offenders.Judges who are responsible for handling this category of criminals must have specialized in juvenile, together with domestic relation issues. The state of Massachusetts has made some innovations through the formation of a statewide juvenile court, which lies under the trial court. It has its chief justice and many divisions across the state. I would also implement such an idea, as it would bring such services closer to the people (Elrod & Ryder, 2011). There are numerous reasons behind the transfer of juvenile offenders to adult courts.The magnitude of offenses committed by some of the juveniles, for instance, fails to offer them the merit endowed to juveniles whose cases are conducted in juvenile courts. The transfer of such youths is beneficial to themselves as they are in a position to learn about the seriousness of their mistakes, therefore, trying to avoid them since they become aware of the repercussions. Moreover, such an action is beneficial to the society; as these youths do not have the freedom to walk about freely in their communities.Finally, these transfers benefit the system, as it is intricate to handle some cases committed by juveniles, while in juvenile courts. In case of a transfer, youths become adults legally and face similar treatment to that for adults. After a careful examination of the reasons behind such transfers, I strongly support this pra ctice. Currently, three main mechanisms are applicable for transfer of a juvenile to an adult court. As depicted in this source, the first mechanism is the judicial waiver, which has been in application since ancient epochs. A number of elements distinguish it from other mechanisms.For instance, the examination of the likely reasons for the juvenile to have committed the crime is among the basic elements. Secondly, it becomes necessary to consider the threats of such a youth to the society (Elrod and Ryder, 2011). Moreover, it considers the system to which the juvenile court system can effectively handle such a case. In a scenario, whereby the case is so serious, a careful evaluation of how the adult court can handle such a case becomes a point of focus. The other mechanism known as the legislative waiver has been in use, in various states of America.This mechanism forms its decision on the age, along with the offense criterion of the juvenile. The third and final mechanism is the p rosecutorial waiver. This is different from the other two mechanisms as it permits a concurrent jurisdiction in the two dissimilar court systems. Similarly, both the age together with the offense criterion demand cautious considerations. A number of problems arise in case of transferring juveniles to an adult court for trial. The decision to transfer these youths can bring adverse consequences to the youths.Prosecution of these youths in open criminal courts exposes them to criminals known to have committed serious offenses than them. Eventually, they may resort into learning how to commit similar crimes. Additionally, erosion of their civil rights is a problem allied to such a transfer. In various scenarios, such a transfer fails to curb the increasing rate of recidivism, therefore, the deterioration of the security of community’s security. It would be crucial to transfer only those cases that the juvenile court cannot address with efficacy.If I was a judge, the state would have to prove to me that the juvenile court would find it intricate to handle such a case, together with the effectiveness of the needed superior court (Elrod and Ryder, 2011). References Edwards, J. (2008). Introduction to the juvenile justice system. Raleigh, NC: lulu. com publishers Elrod, P. & Ryder. (2011). Juvenile justice: a social, historical, and legal perspective. Sunbury, MA: Jones &Bartlett learning publishers. Siegel, L. J. (2011). Juvenile delinquency: The core (4th ed. ). Mason: Cengage Learning/Wadsworth.

European Economic and Monetary Union

Economic and Monetary Union (EMU) is a single currency area within the European Union single market in which people, goods, services and capital move without restrictions. It creates the framework for economic growth and stability and is underpinned by an independent central bank and legal obligations on the participating Member States to pursue sound economic policies and to coordinate these policies very closely.As trade between the EU Member States reaches 60% of their total trade, EMU is the natural complement of the single market. This market will work more efficiently and deliver its benefits more fully with the removal of high transaction costs brought about by currency conversions and the uncertainties linked to exchange rate instability. EMU and the economic performance of the Euro area will have their largest external effects on neighboring economies in western Europe and on developing and transition countries with important trade and financial links to Europe, including countries that link their currencies to the Euro. Among emerging market economies, those likely to be most affected are the transition countries of the central and Eastern Europe and the Baltics.The global environment has been favorable in a number of respects for the transition to EMU and the achievements of its objectives. The strong demand for euro-area exports from industrial countries at more advanced stages of the business cycle and the depreciation of the currencies of euro area countries over the past four years fostered a strengthening of growth in the euro area and helped to offset the effects of the Asian crisis. There are also challenges for EMU in the global economic environment: The crisis in Asia and other emerging market economies could produce adverse spillover effects and make the monetary policy more difficult to carry out. The continuation of the crisis could result in weakening of the external demand, which, in turn, could dampen confidence and domestic demand. The financial market volatility could increase the uncertainty in assessing the economic indicators. The economic crisis in emerging markets could influence the commercial banks in the euro- area to make substantial provisions for non-performing loans. It is, of course, impossible to predict the properties of the behavior of the exchange value of the Euro. With regard to broad trend, it seems likely that the Euro will tend to appreciate against the U.S. dollar and pound sterling over the next few years, but depreciate against the Japanese yen when Japan†s economic recovery begins. The United Kingdom and the United States have reached relatively advanced stages of their cyclical upswings, with resources more fully utilized than in the euro area, the Euro†s initial value comparing to the pound and the U.S. dollar can reasonably be considered to be below its medium-term equilibrium. As the economic recovery in Europe proceeds and the growth in the U.K. and U.S. economies slows, the Euro will most likely appreciate against those currencies. On the other hand, Japan economy remains in the critical position. The resumption of moderate growth will lead to a recovery of the yen. Thus Euro is expected to depreciate against the yen over the next few years. According to some widely made predictions: Euroland's capital markets, from equities to corporate bonds to municipal finance, will grow exponentially in coming years as the removal of cross-border currency risk drives pan-European markets. The Euro will stand alongside the dollar as the second-most-important currency in the world, reflecting its coming role in global trade and finance as well as its common usage by 290 million Euroland citizens. The new central bank has been given the independence to pursue price stability as a primary objective. This feature will affect the credibility of the ECB positively and thus the investors would see the Euro as a stable store of value in the next decade. Once the single currency takes effect, the national central banks of the euro area will reduce their international reserve holdings. Trade within the euro area will be denominated in a single currency and will no longer need to be backed by international reserves. Estimates of the EMU countries† resulting surplus of international reserves range from $50 billion to $230 billion. The scenarios that are presented in the European Commission Forward Studies Unit†s report regarding the economic situation in Europe towards the year 2010, reflect the possibilities rather fairly. I personally find the report an accurate study containing precise predictions. Out of the five futures for Europe, I think the Scenario No.3 seems the most logical and possible theory to occur. The reason I chose this particular scenario is because it focuses on the following issues: Transformation of the public sector Efforts to include Eastern Europe Agreements on unemployment issues Turning hierarchical pyramids on their heads Although in some countries public administrations such as central, regional and local government have started to make preparations for the introduction of the Euro, in general the evidence is that such organizations have taken few practical steps to prepare for the changeover. The grounds mainly are that they have plenty of time because they operate largely at the ‘retail end of the marketplace' and that they will need to await the circulation of the new notes and coins. The view of the Federation des Experts Comptables Europeens (FEE) is that this is a risky and potentially costly strategy and that early preparation is essential to reduce both risks and costs. Public administrations therefore ought to be preparing their own management and operations systems now for the changeover to the Euro according to advice issued by FEE. In the near future, member states would often present the Commission with their convergence programs, which would also assess long term prospects for the public sector. These programs would indicate the durability of deficit cuts in the countries whose public economies have been urgently trimmed to meet Euro conditions. Economic growth and structural reforms to reduce cost pressures on the budget are permanent methods but, for example, special taxes need to be supplemented by corrective measures to ensure permanent budget discipline. Indeed, the views of member states about the long term public economy could diverge when their euro-eligibility is assessed and the choice of euro members has to be explained to the public. The European Union is currently being enlarged to include the transition countries of the Baltics and Eastern Europe. The countries that intend to join the union will need to show progress toward meeting the Maastricht criteria. Potential EU members must overcome a number of challenges. They need to progress with privatization and to continue to reduce government involvement in their economy while disassembling monopolies, removing trade restrains and developing flexible labor markets. Six countries-Cyprus, the Czech Republic, Estonia, Hungary, Poland and Slovenia-have received favorable opinions from the Commission on their applications. These countries have already made good progress in meeting the guidelines of the treaty. In this particular scenario No.3, the accession negotiations of the Union with Turkey is mentioned. I personally think without the contributions of the Eastern Europe and the Baltics the future objectives of the Euro and the European Union can not be accomplished. Especially the future admission of Turkey to the Union is vital regarding the geographical position of this country, which not only connects Europe to Asia but also, forms a bridge of culture, a common ground between people from different horizons. However the Union still ignores the importance of Turkey†s role in various agreements and settlements made between Europe and Asia which are vital for the future of EU. But in the next decade as it starts to see the big picture, the efforts of the Union to include the Eastern Europe in the game would increase remarkably. Strong growth will allow further progress in reducing the euro zone's high jobless rate. Some of the member†s unemployment rate decreased drastically by keeping the game close to the euro zone standards. Job growth has been spurred by record low interest rates, a result of cuts from high levels to assure euro zone convergence. Low rates are fueling domestic demand, especially consumer spending and construction. Business investment is also gaining. Still, global weakness is depressing exports, and that's why job growth is expected to slow a bit in the second half. Even as construction, agriculture, and services, especially tourism, post solid growth, manufacturing jobs fell . The governments plan to cut prices in regulated utilities, likely to be followed by efforts to reform pricing in retail distribution and certain services. Some member countries have a lot of employees who want to work more hours. So automatically a connection is established between the government and the public. In 2010 the governments together with other businesses, local authorities and community associations would continuously try to move the obstacles in the way and make it easier for the unemployed citizens to find a job in a satisfying environment. â€Å"Turning hierarchical pyramids on the heads†. That phase itself made this scenario No.3 look more real than the others. Europe has a long history and the Europeans have lived through more dramatic events than any other culture of the world. It is now time to give the people of Europe something special. Only but only if † the hierarchical pyramids† are turned on their heads, will the Europeans thoroughly support the EMU and the Euro. Transformation of the public sector, efforts to include Eastern Europe and the efforts on the critical unemployment issue are all a part of the strategy in the new epoch † Shared Responsibilities†. It is now time that people take the real issue in their hands and get in charge. The times when everything is expected from the governments are over. For the professional organizations of Europe the launch of the Euro presents an important organizational and even philosophical challenge. By bringing down barriers to cross-border trade, the Euro makes a pan-European perspective crucial for efficient and effective operations. Many companies are, therefore, focusing on changing their culture, not their organizational structure. To be successful, Europeans will no longer be able to look at themselves as operating with complete autonomy; rather, they will have to see themselves as operating within a federation of businesses that, while independent, share common responsibilities.

Economy of the United States Essay

The time is considerably improved for the distinctive American citizen of 2007 than for a citizen of the 1800s. An array of economic policies known as import substitution is frequently quoted as the central reason of Latin America’s crises in the 1980s. The stratagem had outsized harmful upshots on economic growth in the 1980s reacting to the 1970s and 1980s progress. However, in the mid 1990s, import substitution policies had slight hit in renovating Latin American countries into sellers of feigned products. In fact, the condition was even worse in 1980s, as anxieties about non-payment raised; mean yearly price rises climbed radically from 1980 to 1985. And the economic deformations linked with hikes in inflation are stern. From last 1990s, numerous efforts have been carried out to alleviate the dilemma related to Latin America’s huge outside debt. A few restructurings in the 1990s had no brunt or were untied almost immediately as they were brought in. Just the once recent economic development and dependable growth in input & output, and output per person commences, it is liable to persist on a usual source and progress public’s being. It is constant with the world’s practice in the 80s and 90s era. For now, in the United States, the introduction of Information technology generated an innovative market that created the hardware and generated the software required to suit the ignition claim for these appliances that had grown to be reasonable to about everybody. That market substituted the previous; a belief of capitalist theory called creative destruction which envisaged that outcome, truly emerged to be operational, even as the economy appeared to be strong. Obstinately, United States government tax policy also offers inducements for U. S. multinational firms to set up abroad. In current tax laws, firms are allocated without letting up to suspend disbursing business revenue taxes on incomes made offshore. The suspension is fine in anticipation of these firms send back the incomes to the home, upon which occasion they are taxed at the typical business income tax charge. However the U. S. business income-tax charge is one of the biggest in the planet, there is an extremely well-built inducement for firms to reinvest those profits outside of the United States. As a result, United States Government; the Congress agreed to provide tax relief per annum, in order that firms could send back incomes back to the home at a lesser tax charge. Firms made it in having this 2004 tax break by saying that it would facilitate them to employ those incomes to invest in the home and make employments for US citizens. Certainly, it’s almost unfeasible to establish they performed the deed or not. The initial phases of globalization and outsourcing charge millions of U. S. manufacturing employments but different specialists declared us that this was nil to agonize about since they were blue-collar Rust Belt employments. United States of America was converting itself into an overhaul economy, and facilitated all along by the Information technology. Internet tune-ups, cutting-edge research and growth made the transparent, high-paying employments that kept U. S. ahead in the current era. However, supporters of globalization disagree that outsourcing millions of mechanically transportable service jobs will decrease rates and increase productivity in the U. S. Except the assets of globalization don’t seem so gentle from the perspective of an American computer analyst or auditor. They have performed what they were expected for but their effort was obstinately spoilt when the home employers hired overseas staff working so cheap. When lucrative manufacturing and service jobs shift abroad, relocated American employees are frequently obliged to accept low pay jobs and upward mobility. Paradoxically, at the instance millions of jobs are being outsourced and millions of unlawful migrants are overflowing into the U. S. , to get away form their domestic scarcity and joblessness; hence purely spoiling U. S. internal economy. Ironically, the good news is that, while United States governed Congress helped out to generate this chaos with poor economic and foreign policies, she can assist to overcome it. Still, U. S. is the best-positioned to make sustainable advantage of the growing world economy in the global marketplace. Modern economic trends, together with a huge trade shortage, on its last legs of norm revenues, comparatively weak job growth, have been to state the slightest rather intimidating. However there is one thing encouraging, the strong growth of productivity in the U. S. Commencing in the mid-1990s, productivity has recovered after 20 years of comparatively meager presentation. Regrettably, economists have hardly any solutions for progressive economic growth, as conservative neo-traditional growth forms pay no heed to technological modernization. On the contrary, a â€Å"neo-Schumpetarian† examination proposes that the revitalization and immobility of productivity are tied to the materialization and succeeding collapse of new techno-economic manufacture procedures. While an old economy attains its perimeters from the perspective of innovation and the dispersal of the technology structure, it grows to be ever more intricate to spin out productivity growth. Just after an innovative technology system suits reasonably priced as much as necessary and invasive adequate is it capable to rejuvenate the engine of productivity patterns. This examination recommends that though the modern information technology based technology system is probable to prolong to impel strong productivity growth for at any rate the coming 20 years, an innovation-exhaustion hold up may be very soon above the prospect. In fact, IT is really improving productivity, however merely in peculiar segments. Since the 1990s, productivity grew 1. 1% per year in segments spending greatly in computers and about 0. 35% in segments spending less. During 1990 and 2003, productivity growth in IT-exhaustive production averaged 3. 03% per annum, in contrast to just 0. 2% per annum in less-IT-exhaustive industry. In effect, the increase in mechanical automation was the really enormous growth of the economy of the era. Since many economists declare that globalization and technology have merged to generate up-to-the-minute tenets for the U. S. economy. However this economist considers old economics still offers the unsurpassed elucidation for current happenings. However, the new-economy model is not only a design that is obviously cleared by a particular economist and an extensive choice of thoughts descends below the new-economy streamer. Relatively than reviewing the concepts of a range of new-economy researchers, the subsequent argument assembles the thoughts into three extensive reports of the new economy; a long-run-growth, a sources-of-growth version, and a business-cycle version, which reveal the combined concept of several economists. Even as these reports disagree in particular calculations and inferences; butt all contribute to a widespread center that constructs them ingredient of the new-economy structure. In the past few years, the U. S. conomy has gained from a pointed deterioration in oil and commodity costs, a well-built American dollar, a tendency on the way to handled concern and reserved health-care prices, an impartial budget, and a fall in military expenses. Each one of these transient causes may have assisted the economy and guided to the unforeseen blend of falling inflation and unemployment rates. While distinguishing between temporary factors and structural changes, it is a hard chore that entails cautious empirical analysis and, additionally significant is a lengthier instant sequence of information. Simply by scrutinizing unemployment and inflation under a broad variety of economic circumstances for several years will it be achievable to wrap up if a structural change has in fact risen? Fast track and fiscal policy for the International Monetary Fund are merely fractions of a better scheme the United States Government must create to facilitate its citizens retain their leadership in what is, incontrovertibly, an accurately global economy. Moreover, the Federal Reserve should reduce interest rates, at this time sprinting at approximately four times the rate of inflation, with no less than one-half of 1%. Moreover, Conformist economics observes economic growth as a consequence of input accumulation and technological growth in a world of nearly invariable come backs to level. At the same time, there is a little argument about how to determine inputs and how to describe technological growth, there is an agreement that a great deal of economic growth engages trade-offs, such as increasing capital means investment, forgone consumption and savings, though increasing labor input needs education expenses and relinquished freedom. Whichever unsolved growth is branded the input of total factor productivity (TFP), also called the famous Solow residual, which reveals technical progress, improved efficiency, spillovers, scale economies, demand side policy, pull inflation and so on. Countless economic studies of foreign direct investment center on the features of the companies in creating its resolution to spend overseas. While the rest employ features of host nations as independent variables, that U. S. oreign direct investment runs to Europe contain such independent variables as growth of market size and size in host countries, levels of protectionism in host countries, and capital control programs of the U. S. Government. The causes for the disparity in corresponding the employment and productivity growth amid the two regions may be vibrant, except mostly dialogue they go down into three types. At the outset, the expansion of the pay, the rental ratio is a typical macroeconomic elucidation for modifications in labour and capital intensity influencing the employment growth productivity. During the 2000-s, pay control and active labour market policies elevated labour force membership statistics in Europe however, simultaneously decreased the growth of labour charge comparative to the capital cost. The quicker employment growth but lower growths of labour productivity are probable consequences of these policies of the U. S. Government. Seeing the initiation of the global economy and amplified tax competition, businesses and other shareholders employ geographically fungible capital to reduce their tax charges by shifting their assets to lower tax regions. Hence the capacity for capital flight compels limitations on the point of taxation that in order compels fiscal discipline on the U. S. Government. However the normative economic research have demonstrated that the optimal tax rate on capital is zero, while the optimal tax rate on labor is positive, proposing that the expressive decline of taxes on capital, during tax competition, would offer wide-reaching advantages in the global market. In addition, in a more competent market, investment will be owed more effectively, escorting to worldwide welfare profits in the all-embracing race. The interconnected concepts comprise nonlinear growth once a critical mass is attained, worthy rounds of positive feedback in manufacturing and communal firms for example Silicon Valley, and declining costs and amplified excellence by means of technology and scale economies. These concepts are not new-fangled to conservative US economics; however the new economy offers them far better magnitude and looks them as the dynamic energy of growth economy-wide (Fretz, 4-15). The recent facts propose that it is yet excessively untimely to let know if a new economy has actually materialized. The new economy is resolutely constructed on the supposition of structural changes in the economy; however there is just not sufficient information yet to differentiate elemental transformations from unconventional accounts, for example transitory shocks can escort to the identical upshots. By building up these concepts at this instant, economists and policymakers would be capable to come to a decision if there truly is a new economy in the United States