E. Major Issues and Concerns Essay Example for Free

E. Major Issues and Concerns Essay Our world is richer than ever before, but it is also marked by enormous inequalities, both within and between countries. The average annual income of someone living in the world’s richest country, Luxembourg, is more than one hundred times larger than that of the average citizen of Sierra Leone, one of the world’s poorest. Such huge differences in living standards should be a matter of great concern, because they reflect serious inequalities in life opportunities. This calls for a robust policy response at both the national and international levels, so that all countries can achieve the Millennium Development Goals and other agreed development objectives (United Nations, Economic and Social Development Affairs, â€Å"2006† iii) . The process of globalization has not yet closed the income gap between poor and rich countries. On the contrary, the way in which world markets operate has been an important contributing factor to the rise in global income inequality. Richer countries, for instance, tend to have preferential access to capital markets, to attract more foreign direct investment, and to be more resilient than poorer countries in responding to shifts in global commodity markets. Efforts to reduce global inequality can promote growth and stability, and can help avert economic and social crises and even political instability. Part of the observed growth divergence is attributable to gaps in public investment in, and spending on, infrastructure and human development in these countries. Investments in infrastructure and human capital are necessary for growth. i) The need for improved infrastructure An adequate level of infrastructure is a necessary condition for the productivity of firms. It is difficult to imagine an economy without telephones, electricity or a road network. By its very nature, infrastructure is characterized by indivisibilities and countries will need to build up a threshold or minimum level of infrastructure (say, a minimum network of roads) to make a difference for economy-wide productivity growth. To reach that threshold, countries will need to sustain substantial public investment levels over prolonged periods of time. The failure to do so explains partly why Latin America and sub-Saharan Africa have fallen behind the East Asian countries that have sustained infrastructural investment. East Asian economies invested more in the quality and coverage of physical infrastructure. In sharp contrast, Latin American countries have witnessed a decline in infrastructural investment since the 1980s as a result of increased fiscal austerity. This has led to significant differences in the quality and availability of infrastructure. Since the 1960s, the road density in Latin America and sub-Saharan Africa has barely increased, while it has tripled in East Asia. Also, the availability of telephone lines in East Asia is twice as great as that in Latin America and 10 times greater than in sub-Saharan Africa. The empirical evidence indicates that lagging infrastructural development could account for as much as one third of the widening income differentials between East Asian and Latin American countries during the 1980s and 1990s. ii) Human development Some empirical studies suggest that developing countries could catch up with the developed world if only they attained increased levels of human development. The links between growth and human development are complex, however. There are large disparities in indicators of human well-being, such as life expectancy and educational attainment. However, the world has seen more convergence among countries in terms of improvements in health and education outcomes than in terms of improvements in per capita incomes. The evidence in this report indicates that countries with a successful economic growth performance all had relatively high levels of human development at the beginning of their sustained growth process and showed substantial improvements in education and health as average incomes improved. Conversely, however, not all countries with relatively higher levels of human development managed to achieve high long-term economic growth rates. Human development is a necessary but not a sufficient condition for sustained economic growth. Lifting other constraints on economic growth and structural change will be necessary to create opportunities for a better-educated population. The dynamic creation of decent and productive employment is the crucial link in this regard. Recently President Bush unveiled a broad proposal to boost US economic competitiveness by injecting more than 136 billion dollars into research and education over the next decade. The programme would promote the private-sector investment in innovation and strive to make US children better in mathematics and science. The initiative is aimed at strengthening US economic leadership in the face of growing competition from countries like China and India. The President said that â€Å"The American economy is pre-eminent — but we cannot afford to be complacent,† (CNN). In fact, no economy can afford to be complacent when it comes to supporting the fundamental cause of education and human development.

A Brief History of Clocks: From Thales to Ptolemy :: Expository Essays Research Papers

A Brief History of Clocks: From Thales to Ptolemy The clock is one of the most influential discoveries in the history of western science. The division of time into regular, predictable units is fundamental to the operation of society. Even in ancient times, humanity recognized the necessity of an orderly system of chronology. Hesiod, writing in the 8th century BC., used celestial bodies to indicate agricultural cycles: "When the Pleiads, Atlas' daughters, start to rise begin your harvest; plough when they go down" ( Hesiod 71). Later Greek scientists, such as Archimedes, developed complicated models of the heavens-celestial spheres-that illustrated the "wandering" of the sun, the moon, and the planets against the fixed position of the stars. Shortly after Archimedes, Ctesibus created the Clepsydra in the 2nd century BC. A more elaborate version of the common water clock, the Clepsydra was quite popular in ancient Greece. However, the development of stereography by Hipparchos in 150 BC. radically altered physical representations of t he heavens. By integrating stereography with the Clepsydra and the celestial sphere, humanity was capable of creating more practical and accurate devices for measuring time-the anaphoric clock and the astrolabe. Although Ptolemy was familiar with both the anaphoric clock and the astrolabe, I believe that the development of the anaphoric clock preceded the development of the astrolabe. The earliest example, in western culture, of a celestial sphere is attributed to the presocratic philosopher Thales. Unfortunately, little is known about Thales' sphere beyond Cicero's description in the De re publica: For Gallus told us that the other kind of celestial globe, which was solid and contained no hollow space, was a very early invention, the first one of that kind having been constructed by Thales of Mileus, and later marked by Eudoxus with the constellations and stars which are fixed in the sky. (Price 56) This description is helpful for understanding the basic form of Thales' sphere, and for pinpointing its creation at a specific point in time. However, it is clearly a simplification of events that occurred several hundred years before Cicero's lifetime. Why would Thales' create a spherical representation of the heavens and neglect to indicate the stars? Of what use is a bowling ball for locating celestial bodies? Considering Eudoxus' preoccupation with systems of concentric spheres, a more logical explanation is that Thales marked his sphere with stars, and Eudoxus later traced the ecliptic and the paths of the planets on the exterior.

Pricing strategy Essay

Home depot is a store dealing with home appliances and other household consumables. I will look at the pricing strategy of refrigerators. Most prices of different brands of refrigerators are set to match the prices of their competitors. This is because mostly the competitors are operating in the same environment. it is essential to offer better quality brands with the same price as competitors. However when setting the price, the objective is to ensure profitability of the firm is taken care by the price set. The profit firm must incorporate capital requirements and the associated gains that cover the expenses of the organization. Always the profit considered in price setting is equals to price less cost of sales. While capital gains is equivalent the current assets and fixed assets running costs.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In choosing the target, market for refrigerator is made during the construction of sores. However the in which they are operating attracts the customers. Take an example of the New York most people have excess disposable income to spend and there are utilities that support the refrigerator in almost all homes.   The company has reported that they have high expectation in the stead rise through to 2025 for product. Another important factor in the increase of consumers are the aging population with large pensions and young business executives with more excessive funds. In fact, this two groups forms an important consumer segment of home depot refrigerators. The customer has carried the consumer assessment they have adapted market oriented determination and differential.   References   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Schaik J.L., (2002); The Task of Marketing Management; J.L. van Schaik (Pity) ltd

An Analytical Approach to Truth and Religion Essays

An Analytical Approach to Truth and Religion ABSTRACT: I discuss some of the problems of the application of the notion of truth to religion. After introductory remarks on the problem called truth and religion to show the peculiarity and the actuality of the problem discussed, I examine the different meanings of the notions of truth and religion, in order to formulate some comments on the different concepts of the truth of religion. I name the main types of religious truth, and consider the competencies of the diverse types of the study of religion to determine the truth of religion, and to analyze how to understand the truth of distinct types of religion. I conclude with some remarks on the appropriate approach to the question of the†¦show more content†¦Mà ¼ller) such as social sciences, philosophy of religion and theology of religion, have in determining the truth of religion. In the past the study of religion was used both to criticize and to defend a particular religion (usually Christianity). I do not however aim at providing arguments that a certain religion (e.g. Christianity) or religion in general is true. I hope, however, that my analysis will contribute to the solution of the problem of truth of religion in general and of religions other than Christianity and will do this from a neutral point of view, not from that of the Christian religion. At the very beginning we face the problem of the multitude of expressions: truth question in religion, truth of religion, truth about religion, religious truth, truth in religion. Which of them should then be used in discussing our issue? Treating language as an active instrument of cognition and notions as useful tools I claim that each of them, even if it has a slightly different meaning, can be employed. However, one needs carefully to determine the following issues: (1) what is meant by religion; (2) how the notions of truth and truth of religion are to be understood; (3) what can be competently said with regard to the question of the truth of religion by each particular kind of studies of religion. The question of truth of religion was vehemently discussed at the dawn of the comparative studies of religion (history ofShow MoreRelatedPsychodynamic Approaches And The Psychodynamic Approach1149 Words   |  5 Pagesunderstanding and utilizing a variety of psychodynamic approaches is for the humanistic well-being, in connection with the client using a client –centered therapeutic approach. The reason for using a psychodynamic approach is unveiling the conscious and unconscious mind, from the client’s emotional state of mind. The psychodynamic approach focuses on the beginning stages of the clients childhood years, typically analyzing events from birth breaking from six years old. 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