Wednesday, October 30, 2019

'Discipline & Punish (Foucault, 1975) is not just a history of the Essay

'Discipline & Punish (Foucault, 1975) is not just a history of the emergence of the prison but a history of the emergence of a - Essay Example Thus, Discipline and Punish could be deemed as Foucault’s critique not only on the effectiveness of prison in attaining its key objective—the disciplining of the prisoner by subjecting him to conditions that are marked by extreme surveillance and control—but also on the true reason for the emergence of various social structures today such as the government, school, and other institutions (Mc Gaha, 2000). Precisely, it is Foucault’s belief that such systems had only been created to cater the elite group (which I shall explore in more detail in the next part of the paper) that bolstered his onslaught on the basic foundations of human civilization. Specifically, by recognizing the essence of prison and other social institutions as merely ‘instruments’ used by the elite to maintain and enhance their power in society, Foucault was able to question essentially the possibility of attaining human freedom in modern-day society. In a deeper regard, I co uld surmise that Foucault’s attacks on social structures could be attributed to his anarchistic mindset (though not explicitly revealed in any of the texts) as he clearly disregarded the need for such systems. Therefore, human freedom must be seen as the act of ‘letting one be’ and not ‘following what and how one must be’. His precise bastardization of naturals or ideals (as will be discussed later on) could clearly provide an ideological nexus between his anarchistic mindset and his post-modern orientation. If seen in this context, Foucault’s take on the human essence (for the lack of a better term) is slightly existentialist. In this paper, I like to delve further into Foucault’s Discipline and Punish by dividing the discussion into four parts. The first part shall emphasize on the short history of the penal system, which could be traced back to 17th century. Through this part, I aim to highlight on the fact that the development of th e penal system had shifted the punishment from physical to mental. The second part will be dedicated to reinforcing the concepts of power and control as the main thrust for the creation of modern social institutions. This will infuse the significant role of the elite in the formation of such institutions. The third part shall zero in on Foucault’s conceptualization of human freedom as hardly attainable given the flaws in modern day systems today. By having this part, I am to provide a reasoning that encapsulates Foucault’s socio-political ideologies Evolution of Punishment and the Rise of the Penal System Following the flow of discussion in Discipline and Punish, Foucault opted to start (in a more detailed light) with a detailed discussion on public tortures and executions that transpired during the17th and 18th centuries. Presenting explicitly the execution of the Damiens, Foucault (1976) narrated, â€Å"after these tearings with the pincers, Damiens, who cried out p rofusely, though without swearing, raised his head and looked at himself; the same

Monday, October 28, 2019

Nuclear Power- Should it be Banned?

Nuclear Power- Should it be Banned? The title question of my case study is: Should Nuclear Power be Banned?. I have chosen this question as I believe it is a key topic at this present moment in life, with a lot of information about it in the media, such as on the news and in the papers each day. Also it is something that will affect the life in which we live in the future. So because of these reasons it is something that people need to be aware of and need to actually understand what nuclear power is and how it is affecting us or is going to affect us in the years to come. One major problem that could occur with nuclear power is that there is always the risk that there could be a leakage of radioactive fluids, which will have a massive impact on the environment and its surroundings. These radioactive fluids that may leak from the power stations can cause cancers and very harmful illnesses in humans. So for this reason people will believe that yes, nuclear power should be banned, especially those people living around or near a nuclear power station, or those that have close relatives that may be affected if something like this were to happen. A reason against banning Nuclear power is that it provides a lot of our energy sources, and can be used to generate electricity and to power ships, so therefore we need nuclear power to continue doing these things, and if we were to get rid of it then we would only have to resort to finding another way of providing this energy, which is only going to cost even more money, on top of what wed already be paying to get rid of the nuclear power plants that exist at this moment in time.. Without the use of the ships that are powered by the nuclear power, we would have a lot of difficulty in transporting goods such as food and material from one place to another. It is in the Nuclear fission where the Uranium is used, this starts off the process for nuclear power to be generated. Nuclear fission is the process of atoms splitting, so when a heavy nucleus such as Uranium splits into two smaller, lighter nuclei. In this reaction, the strong nuclear force which is the attractive force, is acting on the electrostatic force which is the repulsive force, these can be knocked out of balance on each other when they gain the energy from either a photon or a neutron. The two forces are affected by the gain of this other element and will try to act on each other to regain the state in which they were in, but in nuclear fission the electrostatic force will gain more power than the nuclear force, therefore causing it to repel and for the nucleus to split apart, also releasing energy as it does so. To make this slightly easier to understand, imagine a load of marbles in a rough circle shape on a flat tabletop (this is going to be representing the original atoms nucleus, where all the forcing are acting the same on one another and are equal, so all the marbles/atoms are stable). What if I were to then throw or roll another marble into this group of stable marbles? All the marbles would spread apart and move out into the space around them, this marble that is being rolled into them is acting as the photon or neutron that is being gained in the nucleus. This is unbalancing the forces and causing the atoms to all move around as they react to the change that is taking place, but seeing as all the marbles move out, and away from each other shows to us that the repelling force has gained more control, as the attractive force wasnt able to keep them all together, and this is exactly what happens in nuclear fission. Saying that, although there isnt much waste being produced, that that is produced is extremely dangerous and would have to be stored, sealed up and buried for thousands of years to allow the radioactivity to die away. During this time it has to be kept far away from any potential natural disasters such as Earthquakes, Volcanic eruptions, flooding and terrorist attacks. This can be very difficult at times. The worlds worst nuclear accident occurred after an explosion and fire at the Chernobyl nuclear power plant. It released radiation over much of Europe. Thirty-one people died in the immediate aftermath of the explosion. Hundreds of thousands of residents were moved from the area and a similar number are believed to have suffered from the effects of radiation exposure. As you can see already from this 31 innocent people died from a nuclear power accident, thats hundreds of people left without a family member, and what if this was to happen again, but this time it could be even worse, and possibly even more people killed. Also from this event, thousands and thousands of people were once again exposed to the radiation which can cause cancerous cells in our bodies, which could lead to a number of deaths years down the line, all from this one accident that happened because of nuclear power. -This website is a university website, which is very factual and all its points appear to be logical and true, also the fact that its scientists writing the points and information only gives us more reason to believe its true and reliable. Many risks are taken when using nuclear power, there is always the risk of a meltdown occurring, or even a leakage of radioactive waste. There is also a risk to the workers safety and well-being as storing waste from nuclear reactors can be a problem in some cases. A nuclear meltdown is when the cooling systems fail, and the nuclear reactors reach such a temperature that they melt straight through the reactor or damage the reactor wall. With this melting, then allows the spread of radioactivity, which as before can cause great damage in the human body. There is also the chance of contamination within the environment if there was to be a leakage of radioactive waste in that area. Radioactive waste, if gotten into the workers at a nuclear power plant, can also poison them, which furthermore, would take their life. Against Nuclear Power Banning On the other hand, there are also many reasons as to why people believe that nuclear power shouldnt be banned, some of which are listed below; Nuclear power generation does emit relatively low amounts of carbon dioxide (CO2). The emissions of green house gases and therefore the contribution of nuclear power plants to global warming is therefore relatively little. This technology is readily available; it does not have to be developed first. It is possible to generate a high amount of electrical energy in one single plant. -I think that this is a reliable website to get information from as it is based on the pros and cons of nuclear power, and what needs to be done to make a change, and what needs to stay the same. It cannot be edited or changed by anyone other than the creators, and the creators are have done a lot of research to make the website to the high standard of what it is now. In 2005, approximately 6.3% of the earths energy supply relied on nuclear power, and gradually over the years, this has increased slightly to 14% in 2009. It also provided 15% of the worlds electricity in 2005 and again in 2009. If we were to ban nuclear power then there would have to be other ways in which this supply of electricity was formed, and therefore more money is going to have to be spent out in order for this supply of electricity. As you can see from the statements above, it clearly states that nuclear power can generate a lot of electrical energy in just one single plant, and with there being 440 plants across the world; this would cost an awful lot of money to get rid of and then replace the energy and electricity in which it supplies us with. Nuclear power also provides for ships and submarines, which we need to transport food and goods from country to country, without these ships we would have to find another way of transporting the items, say if we were to use a plane for example, then this would only be adding to global warming which is another issue known world-wide. -I believe this graph to be a reliable source of evidence as it is from a website specifically focused on the use of nuclear power all over the world, in various different countries. Also it is not biased in any way, and it completely based on facts and figures rather than opinions, so therefore this is a reliable piece of information to be used in this case study. As you can see from the graph above, most of the large MEDC (More Economically Developed) countries reply on nuclear power as a source of energy and electricity. Although there are other ways of them getting their energy supply, with the loss of nuclear power, they would only have to increase one or more of their other supplies in order to make up for what they have lost from the lack of nuclear power. Conclusion SHOULD NUCLEAR POWER BE BANNED? Taking into account both sides of the argument, we can see that there are many reasons for nuclear power being banned, just as well as reasons for nuclear power to not be banned. The main reason that people believe nuclear power should be banned is that there is always the risk of a spillage of nuclear gases, or a leak in the power stations, which would have a great impact on humans health. The main reason as too why nuclear power shouldnt be banned is that it provides a huge amount of the worlds energy and electricity source. As you can see from the for and against arguments on the previous pages, I think that overall the benefit of nuclear power outweighs the risk so therefore nuclear power SHOULDNT be banned, and I think this becauseto get rid of all the nuclear power stations over the world would cost an awful lot of money for the governments and thats money that could be put to a better use elsewhere. Also after paying out to get rid of the nuclear power plants throughout the earth, we would then also have to pay for other methods of providing the electricity and energy resources that these plants provided, it would be easier and more efficient to just spend the money into finding more ways in which we can prevent a leakage at a power plant and how we would handle such a situation, if another one were to occur. Nuclear power plays too big a role in everyday life, we just take it for granted and dont actually realise how much we do rely on it. Furthermore, as for the number of deaths that have occurred from nuclear power accidents; there are so many things nowadays that could kill people, we just try not to look at them in that way, for instance there could be a massive pile-up on a motorway and kill a numerous amount of drivers, passengers and general citizens, but that doesnt mean that people are going to stop driving does it? So why should nuclear power be banned because of the risk of there being a fault that could cause deaths among humans? The workers in nuclear power plants, are fully aware of the risks they take every day and the risks of the radiation, but safety measures are in place to protect these workers from getting harmed, and they are trained of what to do in the case of emergency, so therefore its entirely down to them to do the job or not, at no point are they being forced to work under such conditions that are putting themselves at risk.

Friday, October 25, 2019

The Bull Moose :: Moose

The Bull Moose "The Bull Moose" is a poem by one of the great Canadian poets, Alden Nowlan. It is a finely crafted poem by a very talented poet. It reminds us how far away from Nature the lives of ordinary men and women have strayed. This is something common to all of us who live so much our lives in buildings and who so rarely experience Nature in its raw form. Nowlan creates powerful layers of images, and contrasts them in a way to make us feel just how damaging to our minds and souls this separation from Nature has been. His poem is Romantic in the way it tries to remind us of how far we have fallen and how hollow our idea of progress is. Indeed, Nowlan suggests that we may be more of a beast than the moose. The moose presents a picture of strength to the reader. I think he is searching for a place to die, but it can be seen that he still seems very powerful in the way he comes "lurching" and "stumbling" in such a powerful way, until he reaches the edge of his world, and the beginning of our world, at the "pole-fenced pasture." A crowd composed of men, women, and children seems to have materialized out of thin air. These are the representatives of civilized life, and they are uniformly marked by insensitivity and ignorance in the way in which they treat the moose. The people can't seem to understand that the moose is not the same kind of animal as their domesticated cattle, or their pet collie, or the gelded moose they remember having seen. They suffer from a severe kind of blindness which cannot recognize the deeper significance of this moose which has come to them from "the purple mist of the trees" as if he were some kind of mystical being full of ancient truths. The scene quickly dev elops into a pageant of obscenity as some of the men "pry open his jaws with bottles" and then "pour beer down his throat." The moose's crown of thistles is a symbol which serves to remind us of the unjustified suffering of Christ. In this way it makes us see our fellow humans in a revolting light as they proceed toward the humiliation and execution of one of the "lords of life."

Thursday, October 24, 2019

Oil and Dutch Disease

ECONOMICS FOR BUSINESS Project Report on – Oil and the recent ?Dutch Disease? – The Case of the United Arab Emirates Submitted by – Amitava Manna 1|Page Table of Contents Introduction †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 2 Purpose †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ UAE Background †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 4 Theoretical Framework †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4 Empirical Findings and Analysis †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 6 Data †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Descriptive Statistics †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 6 The Regression Model †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 8 Conclusions: †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 10 2|Page Introduction Four decades ago, the United Arab Emirates (U. A. E) landscape and infrastructure consisted of not much more than deserts where sheikhdoms survived on fishing, pearling, herding and agriculture. Today, Abu Dhabi and Dubai are two of the most developed emirates in the country dominated by roads, luxury homes, and skylines (consisting of modern glass and steel skyscrapers). The new modern infrastructure has replaced the undeveloped cities that once existed before. To say the least U. A. E has transformed from a desert into a developed country1 with a high gross domestic product (GDP) reaching $192. 03 million2 in 2010. According to the Global Competitiveness Report 2008-2009, U. A. E was ranked number 31 globally for its growth competitiveness. The large boost in U. A. E? s development and economy is founded on the export of the country? s oil and petroleum-based products since 1958, when oil was first discovered in Abu Dhabi. Almost 10 percent (%) of the world? s current oil reserves are controlled by the U. A. E, enabling it to comm and more than 16% of OPEC? s total reserves. The aim of the U. A. E? economy is to minimize its dependency on oil; therefore much focus has been targeted on diversifying the economy during the past two decades. In turn, making it more dependent on the service sector, especially high-class tourism as well as expanding the international finance sector. In both developed and developing countries, a natural resource boom, (as experienced in U. A. E) has triggered the so called „Dutch Disease?. It is a theory that originates from the Netherlands in the 1970s, basically explaining a decline in the traditional manufacturing sector when the country experiences a boom in their natural resource. The Dutch Disease indicates that the natural resource abundant factor triggers an appreciation of the domes- tic currency. In turn, other non-resource exporters are affected at the same time and the manufacturing sector experiences a constrained activity to compete in the world market. Furthermore, the agricultural sector undergoes a decline as labor moves to either the booming sector or the non-tradable sector. The case of the Dutch Disease would be a problem to the U. A. E since it causes the shift of labor and production for the tradable sector to the non-tradable sector causing a decline in the country? exports of manufacturing and agricultural goods. The decline in exports of U. A. E? s traditional tradable goods de-creases production of the goods affecting the country? s economy in a negative way. Purpose The purpose of this paper is to study U. A. E? s development in economic growth since 1975 and establish if there are any signs of the Dutch Disease by testing the ratio of tr adable goods to non- tradable goods and the effects by other macroeconomic variables. 3|Page UAE Background U. A. E consists of the seven emirates Abu Dhabi, Dubai, Sharjah, Ra? al-Khaimah, Ajman, Umm al-Qaiwain and Fujairah, which are located on the southern Arabian Gulf. On the 2nd of December 1971, the country became independent after being under British rule for a period of 70 years. The independence and discovery of oil triggered the economic development in U. A. E which led to a huge expansion in the population. The population boom in U. A. E is a result of the increased demand for labor throughout the past four decades and consists for the most part (83%) of labor from foreign countries referred to as expatriates. United Nation? (UN) database illustrates the division of the labor from two perspectives; first from the year 2000 compared to the changes that prevailed in 2010. Female participation and male participation in 2000 consisted of 34. 4% in the former group and 92% in the latter group. As stated in the introduction, one of the impacts when an economy is experiencing signs of the Dutch Disease is the high inflation rate followed by a change in the real exchange rate. Fluctuations in the real exchange rate can cause resources and production to reallocate between the economy? sectors of tradable and non- tradable goods and services and is there-fore regarded as an important price in the economy. The U. A. E is one of the countries in the Middle East which follows a pegged (or fixed) ex- change rate regime, in which foreign central banks stand ready to buy and sell their currencies at a fixed price in terms of dollars. The currency of the U. A. E, the AED was first officially pegged against the USD in 1974. By the end of 1977 fluctuations occurred widely. For over two decades the USD had been used as an anchor currency in practice when it became the official anchor currency in 2002. The decision to make the USD an anchor currency was made by the member nations of the Gulf Cooperation Council (GCC) in order to establish a common currency in 2010. The U. A. E and the effects from the oil industry have not been studied to any great extent. However some studies on the Dutch Disease concerning other countries have been conducted, but these studies are mainly theoretical and lack econometric testing. The studies with statistical analysis contain time series, more observations and flexible exchange rates (which could be included in the regression model). Theoretical Framework In order to comprehend the Dutch Disease theory, theoretical model of tradable (T) and non- tradable goods4 (NT), also known as the TNT Model can be used. According to Sachs and Larrain (1993) the most important assumptions is that N can neither be exported nor imported and its domestic consumption and production must be equivalent. The opposite applies for T, consumption and production domestically can differ because of the possibility of imports and exports T. In this specific model, two goods are produced and 4|Page consumed: T and N by one factor of productivity which is labor. The supply side obtains two linear functions: QT = aTLT (T) and QN = aNLN (N), Where, production is dependent on labor. LT and LN accounts for the amount of labor used, whilst aT and aN are the marginal productivities of labor for the two sectors. In other words a T or aN units more of output is achieved if one extra unit of labor is applied in either sector. Due to the linear functions, aT and aN also account for average productivities. The demand side of the TNT model circles around consumption decisions which do not include investment spending. Total absorption, i. e. pending on T and N is expressed in the equation as followed: A = PTCT + PNCN Total absorption is defined by A and levels of consumption for T and N by CT and CN. PT and PN correspond to the price of the goods. Furthermore, Sachs and Larrain (1993) assume if the ratio CT/CN is fixed, then households consumes CT and CN in fixed proportions, (regardless of relative prices). If overall spending increases, it is followed by an increase in consumption in T and N by the same proportion and vice versa. Figure below illustrates the production possibility frontier (PPF), the consumption line and the market equilibrium for T and N in a country. The PPF shows each quantity of QT that is produced in order to produce the maximum quantity of QN. If QN = aNL then QT = 0, represented by point B in the figure. Then the factor of productivity labor is located in the N sector. If QN = 0 and QT = aTL, then labor is located in T (point D in the figure). The slope of the PPF is equal to PT/PN, i. e. the relative price of T in terms of N, which is also referred to as the real exchange rate, e, in the TNT model. Therefore, aN/aT = PT/PN = e. Figure: The PPF, Consumption Path and Equilibrium QNCN B G H ` F C E D A 5|Page QTCT Empirical Findings and Analysis Data Summary of the Macroeconomic Variables used in the Regression Ratio of tradable goods to non- tradable goods (R) Sum of tradable goods (manufacturing value added, agriculture value added) divided by the sum of non-tradable goods (services value added). Inflation as GDP deflator in annual percent. Variables that are used to classify data into mutually special categories. Here the dummy variable represent the period 1975-1980, since the change in oil price was dramatic during these years. Based on current prices and is ex-pressed in USD per barrel UN (2010) Inflation (I) Dummy variable (D1) Nation Masters Economy Statistics, U. A. E (historical data) (2010) Gujarati (2010) Price of oil (P) Annual Statistical bulletin OPEC (2010) Other variables were also tested, but due to insignificant values and to avoid problems of correlation, some of the variables were excluded from the regression models. One of the other variables tested was money supply (M1), but since this variable was highly correlated with GDP, we decided to exclude it. GDP was also excluded due to high correlation with the price of oil. Descriptive Statistics The following figure shows the change in value added of tradable goods and non-tradable goods in U. A. E throughout the period 1975-2005 expressed in billion of AED per year. Value Added in Tradable and Non-tradable in U. A. E, 1975-2009 6|Page Value (BAED) 350 300 250 200 150 100 50 0 NT T As can be seen the production of non-tradable goods has been larger than tradable goods (non-oil goods) during the entire period. The tradable sector has not in-creased as much as the non- tradable sector, i. e. non-oil production has decreased in comparison to non-tradable. In fact the non-tradable sector has increased almost twice as much as the tradable sector, which is a symptom of the Dutch Disease. One of the reasons why the non-tradable sector may have increased so much could be due to the country? s rise in export of oil throughout 1975-2009. US $ per Barrel 60 50 40 30 20 10 0 Price of Oil Inflation Rate Figure illustrates the relationship between the price of oil and the inflation rate during the period 1975-2005. We will concentrate on analyzing the inflation rate? s peak and lows and the impact from the fluctuating oil price. We can first see that there was a sharp decline in inflation from 19758 until 1978. During 1974 the inflation rate was 138. 26% according to Nation Master Economy Statistics (2010). The sharp decline could be due to that the U. A. E officially pegged 7|Page the AED to the USD in 1974. The fluctuation in the inflation rate cannot only be explained by a boom in production but also depends on other factors as well, such as the depreciation of the USD. One of the reasons why the inflation in U. A. E change so dramatically during the years 1998-2001 could be due to the burst of the â€Å"I. T-bubble† (known as the â€Å"Dot-com bubble†) in the late 1990s which affected USD negatively. The Regression Model In order to test if the chosen macroeconomic variables show indications of symptoms of the Dutch Disease, the model with the ratio of tradable goods to non-tradable goods was adopted but adjusted in order to fit this thesis. The adjusted equation is based on time series data. The presented macroeconomic variables; inflation (I) is based on the theoretical framework presented, price of oil (P) is adopted which included price of oil in the regression analysis. The dummy variable (D1) for the period 1975-1980 is which included a dummy variable for a one year period. The ratio of tradable goods to non-tradable goods serves as the dependent variable in both models, however the independent variables differ slightly; the first regression model includes inflation and price of oil as the independent variables. The second regression model also includes inflation and price of oil but a dummy variable for the period 1975-1980 was added. Model 1: R = ? 0 + ? 1P + ? 2I + ? Model 2: R = ? 0 + ? 1P + ? 2I + ? 3D1 + ? 4. 4. Econometric Problems In the beginning of the regression testing we discovered that some of the variables were correlated with one another. Money supply (M1) and GDP were the most correlated variables in the regression models, so in order to avoid multi co linearity problems we decided to exclude money supply and GDP from the regression model. The reason why the two variables were excluded was due to the high correlation between GDP an d money supply and the high correlation between GDP and price of oil. Coefficient ?1 (Price of Oil) ?2 (Inflation) ?3 (Dummy Variable) . 5 Regression Results: Sign negative or no effect negative negative or no effect 8|Page In order to make it more comprehensive for the reader, the authors summarized the coefficients and significance levels (1%, 5% or 10%) from the two different regression model results with 36 observations for the period 1975 to 2010. The R-square values show that 39. 3% (model 1) and 75. 3% (model 2) of the change in the ratio of tradable goods to non-tradable goods can be explained by the model used. The goodness of fit in model 1 on the other hand, has a poorer fit, where 39. % of the influences on the dependent variable can be explained by the model. The better fit of model 2 can be due to the additional variable tested in the second regression model, i. e. D1. In model 1 and 2 the price of oil is significant and does not support the expectation that it would h ave a negative or no effect on the ratio. Price of oil is significant at a 1% significance level in model 1 and affects the dependent variable positively. A 1% increase in the ratio of tradable goods to non-tradable goods would increase the price of oil by 0. 05840%, all else equal. In the second regression model, the price of oil is significant at a 1% level, meaning that a 1% change in the regress and would increase the price of oil by 0. 002988%, all else equal. The results from the regression models indicate that the price of oil has a positive effect on the dependent variable. This result corresponds to the authors? expectations that during a boom in natural resources, inflation has a negative effect on the ratio. The negative relationship between the inflation rate and the ratio can also be xplained by the spending effect since in a fixed exchange rate regime the inflation rate is affected by the in-crease in the money supply. The second hypothesis for model one is therefore n ot rejected and the authors can conclude that the macroeconomic variable inflation is a symptom of the disease in the country. However in the second model the inflation variable is not significant and the authors can thereby not take the variable into consideration when analyzing if the U. A. E experienced the Dutch Disease during the years 1975- 1980. Furthermore, the insignificant value of the inflation rate in model two might be due to the short time period tested, 1975-1980. The major oil price shock during this period had a negative impact on the economy of U. A. E, which negatively affected the inflation rate, leading to the insignificant-cant value in the second regression model. Time Series Regression Model 1 & 2: Model 1: R = ? 0 + ? 1P+ ? 2I + ? Coefficient Variable (t-stat) Constant 0. 166071*** (5. 141492) Price of Oil (P) 0. 005840*** (4. 122855) Inflation (I) -0. 352179* (-1. 38647) R2 = 0. 393393 DW = 0. 238252 *** Significant at 1% level ** Significant at 5% level * Significant at 10% level Model 2: R = ? 0 + ? 1P+ ? 2I + ?3D1 + ? Coefficient (t-stat) Constant Price of Oil (P) Inflation (I) Dummy Variable (D1) R2 = 0. 753809 DW = 0. 416614 0. 242127*** (10. 00689) 0. 002988*** (2. 915261) -0. 016530 (-0. 127760) – 0. 144894*** (-6. 287065) 9|Page Conclusions: This project is a study whether the oil boom in U. A. E during the 1970s led to symptoms of the Dutch Disease and if the country is a victim of the disease. Three hypotheses were tested and descriptive data was analyzed in order to reach a conclusion. The first hypothesis tested the authors? statement that the price of oil has a negative (or no) effect on the ratio of tradable goods to non-tradable goods. The results showed that the price of oil did have a positive effect on the ratio, meaning that even though there are changes in the price of the natural resource it does not affect the production in the non-oil sectors to decline. Hypothesis 1 is therefore rejected by us. In the mid-1980s the disease took an opposite direction when oil prices collapsed. Domestic demand dropped sharply in the oil-rich countries causing the construction industry to experience unemployment and employment shifted back to the tradable goods sectors. Therefore it can be concluded that the price of oil cannot be considered as a symptom of the Dutch Disease in the U. A. E. The second hypothesis was based on the problems of the high inflation rate U. A. E has experienced on and off during the years. Inflation was stated to have a negative effect on the ratio of tradable goods to non-tradable goods due to the fixed exchange rate. The regression results showed that inflation held a negative impact on the ratio therefore the hypo-thesis is not rejected by us. The last hypothesis was based on the high oil prices that existed during the period 1975-1980. Therefore a dummy variable was included in the hypothesis with the statement that it would have a negative (or no) effect on the ratio of tradable goods to non-tradable goods. Results showed that the dummy variable was negatively correlated with the ratio, thus the third hypothesis is not rejected. The negative relationship is in line with our expectations. One explanation for the negative impact on the ratio could be due to the oil price shock that occurred in 1979. The increase in the oil price during these years therefore affected the oil production negatively. Furthermore, the price of oil can be seen as a possible symptom of the Dutch Disease in U. A. E? s economy.

Wednesday, October 23, 2019

The Enlightment and the Role of Women in Society

The Enlightenment and the Role of Women in Society The Age of Enlightenment was a large cultural movement of educated individuals around the 17th and 18th centuries. The purpose of the Enlightenment was to challenges ideas that were rooted in faith and tradition, mold society using reason, and advance knowledge through a new scientific method. Different societies rose during this time period and discussed a wide range of topics. One widely discussed topic was the role of women in society. Societies mainly debated over the role of women in the public sphere.Two documents, specifically, had a great impact on the Enlightenment era. The first of the two, being Petition of Women of the Third Estate to the King, was written by a group of working women who addressed the King simply asking for a better education and to be enlightened in order to be better wives and mothers. The next document, from Condorcet, radically insisted that women should gain political rights like men. Although these two documents both had impact during the Enlightenment, they varied in principles and amount of effectiveness during the period of the French Revolution.The French Revolution culminated things such as the middle class and the grievances of women. On January 1, 1789, the King was shown the Petition of Women of the Third Estate to the King. These rights demanded by the women included the right to a decent education, and the right to earn a respectable living, avoiding the road to prostitution. These demands were far from radical and the petition made it specifically clear that they were not asking for equality with men. The women explained, â€Å"We ask to be enlightened, to have work, not in order to usurp men’s authority, but in order to be better esteemed by them. The Petition of Women depicted a society that accepted social roles, understands the importance of education and had steadfast faith in their king. This group has accepted the French society’s pre-chosen po sition for women. Women in the Petition seem perfectly aware of France’s specific role for them. They speak quite frankly about their role in French society, almost to a point where it feels as if they are happy to be in their current position. They recognize they are â€Å"continual objects of the admiration and scorn of men† and they do not attempt to change the status quo.Instead, these women seem willing to comply with society’s expectations, as long as there is a form of profit directed toward them. Indeed, they explicitly state, â€Å"To prevent social ills, Sire, we ask that men not be allowed, under any pretext, to exercise trades that are the prerogative of women – whether as seamstress, embroiderer, millinery shopkeeper, etc. etc. ; if we are left at least the with the needle and spindle, we promise never to handle the compass or the square. They understand that society is treating them unequally and they believe that accepting society’s norms and receiving a form of gratification is better than fighting over something out of reach and receive nothing. The women’s argument ended up to be quite successful through their respectful tone to the King and the modest requests. They carefully insisted that they did not want to become equal with men and simply wanted education and enlightenment. They also use a large amount of flattery in order to lighten the King’s mood.The women express themselves to the King by saying things like â€Å"the love we have for your majesty† and how â€Å"we see in you only a tender father, for whom we would give our lives a thousand times. † With these small requests and the women’s adulation toward the King, the overall argument seems like it would be fairly strong during the period of the French Revolution. In the document On the Admission of Women to the Rights of Citizenship, Condorcet argued for the political rights of women, something no revolutionist had ever dared to do before.He acknowledged that woman were equal in humanity through reason and justice. Condorcet rejected the idea that women’s physical differences were a good enough reason to reject them of their civil and political rights. Although he did in fact recognize women’s limitations, not in gender, but in the lack of education and different circumstances. Many that are opposed of these statements also argue that giving women political rights would disrupt the social order, assuming that women would abandon their domestic affairs.He reassures those by saying, â€Å"It is natural for a woman to nurse her children, to care for them in their infancy; attached to her home by these cares, weaker than a man, it is also natural that she lead a more retiring, more domestic life. Women would therefore be in the same class with men who are obliged by their station or profession to work several hours a day. † Although the effectiveness of Condorcet’s document seems sound in today’s society, back during French Revolution period, this would be considered fairly weak.These types of statements were highly due to the beliefs that women possessed certain characteristics that perfectly matched them to their domestic duties. Women were deemed unqualified for a voice in the political realm because of their much great proneness to feelings, flawed rationality, and weaker sense of justice. Although this campaign ended unsuccessful, women did benefit from many of the changes that happened in matters of marriage, divorce, and inheritance.Women in the Enlightenment were extremely limited due to society’s preconceived notions. Documents like On the Admission of Women to the Rights of Citizenship and Petition of Women of the Third Estate to the King gave society new ideas and philosophies that have never been revealed before. Although much of the document’s intentions failed, they opened the eyes of society and society too k its first step into gaining the ability to reason about sexual differences and one day grant women the full rights of citizenship.

Tuesday, October 22, 2019

America and the Articles of Confederation essays

America and the Articles of Confederation essays The new United States had finally gained their freedom from England. With being a new country, they needed to form a new system of government. The Articles of Confederation was adopted then between 1781 to 1789. The Articles of Confederation, I believe, were a "successive failure." Even though the Articles had some successes, there wasn't too many. One of the successes was that the negotiation of the Treaty of Paris, which ended up ending the Revolutionary War. Another successful section was the passage of the Northwest Ordinance. In the Northwest Ordinance, the formal procedure for transforming territories into states was established. The Ordinance included a Bill of Rights, which guaranteed freedom of religion, the right to trial by jury, public education and a ban on slavery in the Northwest. The Articles were key to guide the new nation through a critical period of it's beginning. Also through the successes, there were the failures produced by the Articles of Confederation. Measures that were passed by Congress needed to seek the approval of nine out of the thirteen states. Under the Articles, the government was severely limited in its powers. They could not raise money by collecting taxes; they could only ask the states, which did not have give the money. They also had no power over foreign commerce and could not regulate trade between the states. Laws could be passed, but the states could not be forced to agree with them. Since the states did not have to comply, often they did not cooperate. Soldiers were unable to be drafted by the government and states were often asked to provide them willingly. Some of the failures of the Articles had caused a couple of cause and effect circumstances. The inability to pay off the debt had caused the United States to seem less like a nation in the eyes of other countries. Therefore also hurting our ability to borrow mone y from the other countries. States began taxing each other, which c...

Monday, October 21, 2019

Response to the research question

Response to the research question adaptations. Students need to be given an opportunity to engage in open-ended and self motivated sessions accompanied with sufficient guidance and direction from their teachers (Potts, 2003).