Monday, September 30, 2019

Speech on Marijuana Legalization

A well-known issue, right now, in the USA is that of the legalization of marijuana. This controversial topic is on the minds of our entire country. Whether or not to legalize marijuana has been a nation wide debate for years. In this informative speech I will be discussing only facts and opinions. Opinions and facts will come from organizations such as The National Organization for the Reform of Marijuana Laws, Marijuana Legalization Organization and the Drug Policy Alliance. Marijuana Legalization is an issue because there are so many individuals using the substance illegally. These individuals feel that Marijuana is not a harmful substance and can serve to profit states that legalize it. The biggest concern on everyone’s mind is that of health risks. Most people feel that it is in the best interest of the nation for marijuana to remain illegal. Marijuana Legalization Organization states that that is not entirely true. â€Å"Health considerations provide arguments to avoid excessive use of marijuana, but ultimately each individual should be allowed the personal freedom to decide whether or not to use marijuana. (MLO) In their opinion, as with anything taken in excess, marijuana is only harmful to those who choose to use it. The example used in MLO is that of an excess amount of unhealthy food. â€Å"[N]umerous studies have shown that foods with a lot of cholesterol and fat are unhealthy. Should we outlaw bacon? †(MLO) The thought is that instead we need to educate individuals and let people make their own decisions as we do with things like fatty foods, cigarettes and Alcohol. â€Å"A recent survey of research found that long term marijuana use did not have a significant effect on cognitive abilities. The report was published in the July 2003 Journal of the International Neuropsychological Society. † This is also stated in the list of facts about marijuana on the Drug Policy Alliance Website. They state that, not only are there no long-term cognitive impairment but, â€Å"[m]arijuana has been proven helpful for treating the symptoms of a variety of medical conditions. † Medical marijuana has proven to be of significant relief for cancer, glaucoma, and aids patients as well as individuals that suffer from neurological disorders. While there are the medical reliefs from the use of Medical marijuana, but DPA also states that the substance has not shown cause of mental illness or to increase risk to cancer. The next claim is that Marijuana is a gateway drug. Webster defines a gateway drug to be â€Å"a drug (as alcohol or marijuana) whose use is thought to lead to the use of and dependence on a harder drug (as cocaine or heroin)†( http://www. merriam-webster. com/) â€Å"Some people claim that using marijuana will make you want to use other drugs, like heroin, cocaine, LSD, amphetamines, and ecstasy. They argue that marijuana acts as a stepping-stone, or a gateway, that leads people to harder drugs. They support their argument with statistics that show that most people who use hard drugs have tried marijuana before. † (MLO) â€Å"There is no conclusive evidence that the effects of marijuana are causally linked to the subsequent use of other illicit drugs. Preliminary animal studies alleging that marijuana â€Å"primed† the brain for other drug-taking behavior have not been replicated, nor are they supported by epidemiological human data. Statistically, for every 104 Americans who have tried marijuana, there is only one regular user of cocaine, and less than one user of heroin. Marijuana is clearly a â€Å"terminus† rather than a gateway for the overwhelming majority of marijuana smokers. † (norml) MLO states â€Å"In essence, the link between marijuana and other illegal drugs stems from the fact that they are illegal. Because they are illegal, marijuana and other drugs are only available on the black market, and anyone who enters the drug market is likely to be exposed to more than one drug. The solution is simple: by legalizing and regulating marijuana sales, we will eliminate the connection to hard drugs. † (MLO) They use Holland as an example. â€Å"In Holland, where politicians decided over 25 years ago to separate marijuana from the illicit drug market by permitting coffee shops all over the country to sell small amounts of marijuana to adults, individuals use marijuana and other drugs at rates less than half of their American counterparts. † (norml. rg) The argument is that, if marijuana were not illegal it would not be a problem. The DPA website states that the majority of the individuals that use marijuana never even use any other illicit drugs. This statement disproves that common misconception about marijuana being a gateway drug. Finally my sources argue that keeping marijuana illegal it is costing more than necessary. MLO claims that â€Å"Cost of keeping marijuana illegal = cost of active law enforcement + cost of prosecution (and defense! of a ccused offenders + cost of incarceration of convicted offenders + hundreds of millions of dollars in tax revenue that would be generated if drugs were legal and taxed + cost of foster care and social services for children of incarcerated offenders. † â€Å"Washington state would save about $105 million a year if marijuana were legally regulated, according to University of Washington Economics professor Dick Startz. † â€Å"The US Federal Government Spends More Than $12 Billion Per Year on Drug Control Programs. Federal drug control budgets do not separate spending by drug, so we there is not a precise figure available for the amount that is spent on marijuana alone. Also, these figures do not include any spending by state or local governments, which are likely to be substantial since state police, courts, and prisons are constantly busy dealing with marijuana offenses. † They also state that â€Å"US Marijuana Crop Estimated to Be Worth Over $35 Billion. A new statistical analysis indicates that marijuana is America's most valuable cash crop. If these figures are even close to the truth, a logical system to regulate and tax marijuana would produce billions of dollars in revenue every year. † According to DPA, the fight that the United States is having against drugs in all is costing $51,000,000,000. They also stated that if California would profit annually an estimated $1,400,000,000 if marijuana were taxed and regulated. There are only two major solutions to this issue; to Legalize or not to legalize that is the question. Legalization could stand to earn the US economic growth but it could also lead to even more people using or abusing the substance. Keeping it illegal could have the government spending money that they don’t necessarily need to spend to regulate the use of this substance or this could be positive a by keeping individuals from abusing it. Only time will tell! Does anyone have any questions?

Sunday, September 29, 2019

Global History †Famines in India and China Essay

The 1876-1879 and 1896-1902 famines in India and China were some of the worst famines the world had ever seen up until that point in time (Rouse Lecture). In China and India from 1876-1882, the estimated mortality was between 31 and 61 million (Davis 2001: 7). If the British and the Chinese governments had made simple changes in their policies regarding India and China, the results of the famine would not have been so catastrophic. In this paper I will analyze, Davis’ argument that â€Å"Millions died, not outside the ‘modern world system,’ but in the very process of being forcibly incorporated into its economic and political structures. They died in the golden age of Liberal Capitalism†¦Ã¢â‚¬  (Davis 2001: 9). Almost contrary to that he argues that â€Å"many were murdered†, emphasizing that â€Å"‘millions die’ was ultimately a political choice† and that â€Å"imperial policies towards starving ‘subjects’ were often the exact moral equivalents of bombs dropped from 18,000 feet. † (Davis 2001: 22). I will aim to analyze these relating to British dealings with India, Western dealings with China, the broader development of imperialism and industrial capitalism from the late eighteenth century to the early years of the twentieth century, and also Marks’ claim that there is never such a thing as a purely â€Å"natural† disaster? In 1876, a disastrous famine hit India, starting with an El Nino-induced drought that halted crop production. However, the situation rapidly got worse: due to the inadequacy, there was a major surge in food prices. The vast amounts of Indian grain exports to Great Britain prompted grain speculation, which further raised the price of grain. As prices crept up, the poor could not afford to buy grain, a dietary staple. Furthermore, in 1865, wheat exports to Britain numbered 308,000 quarters. Climate also played an important role in the 1876 famine: El Nino pacific currents brought heavy rains and flooding to some parts of India, but severe drought to others (Rouse Lecture). In fall 1877, the arrival of heavy rains, instead of alleviating the drought, brought malaria-carrying mosquitoes that killed thousands (Davis 2001: 49). There were many responses to the growing famine. The British followed Malthusianism: land does not have a natural carrying capacity. Furthermore, in the few instances when the British distributed aid, they refused it to those unable to work (Davis 2001: 36). In 1896, another famine began due to a failed monsoon and the lack of a substantial 1896 crop (Davis 2001: 142). Grain prices rose again; there was no stored grain to rely on: the excess shipped to England to make up for shipping deficits. People hated the poorhouses: the food they provided was dry flour, salt, and dirt; moreover, as soon as rains fell, the British pushed the poor out of the relief camps (Davis 2001: 147, 158). The British downplayed the famine; overseas, they created stories and paintings that depicted the British as saviors (Davis 2001: 155-56). Finally, by the late 1890s, the British focused their attention on South Africa and India was left to deal with her own problems (Davis 2001: 165). While the famine was happening there were certain British policies that intensified famine in India. The newly constructed railroads, portrayed as agents that could bring relief to the famine were used by the British to build up the inventories for export goods. (Davis 2001: 26). In legislation methods, by the Vernacular press Act, there was see a denial and hiding of deaths saying they’re other diseases, than the famine and also the approval of Anti Charitable Contributions Act of 1877 prevented the upper class Indians from helping. (Davis 2001: 34 & 39). Also relief efforts turned away people who could not perform hard labor(Davis 2001: 25 – 36). Seeing that millions had died the British did try to â€Å"prevent† famine again by setting up famine relief and insurance fund had been established in 1878 (Davis 2001: 141). They integrated Burma’s rice surpluses into imperial system. Laid more railroad (financed by Famine Relief Fund) (Davis 2001: 142). But there were many things they chose to overlook, particularly that they didn’t do anything about poor relief or the inflation in the prices of standard goods. They also didn’t spend any money on slum sanitation, which resulted in the Bubonic Plague (Davis 2001: 148). The 1876 famine in China was preceded by the worst Chinese drought in 200 years (Rouse Lecture). In previous famines, the Chinese state would provide generous aid; however, civil war threatened the Qing dynasty. As a result, they put all extra money into the military, as opposed to social welfare. Moreover, the First Opium War severally disabled the power of the Chinese state (Rouse Lecture). The British were known to grow opium in India and then shipping it to China in exchange for other goods the English were in need of. The Chinese administration had been trying to end this now flourishing trade for decades but were unsuccessful I their attempts. This system of trade caused considerable economic damage by the drainage of cash silver from the country to pay for the illegal imports apart from increasing corruption and voluntary unemployment. (Davis 2001: 12) Finally fed up and frustrated with the way the economy was plunging, the emperor too some drastic measures leading to the execution of important individuals involved in the trade (Rouse Lecture). Also the attacking the evil foreign ships in the harbor by the new Commissioner in the area sparked off a bitter battle between the two which ended in the defeat of the Chinese. The 1842 Treaty of Nanjing forced China to pay indemnities to Great Britain and to open up ports for British use: consequently, the Chinese could not give money to relief. (Davis 2001: 12) Furthermore, the Chinese moral economy had turned into a more capitalistic one by the time of the famine. The British, through the illegal trade of opium, instilled an individualistic profit-maximizing outlook on the economy. As a result, the poor received very little aid. Additionally, landowners began to use land to produce commercially crops, leaving even less land for peasants to work on: (empire financially and left bitterness over the relationship between the government and Rouse Lecture). Then came the Second Opium War in the years 1856-1860. This had nothing to do with opium but rather the fundamental problem of imperialism, competition. Other countries are starting to make trade-treaties with China (in other words, Britain isn’t the only imperial power), which leads to Britain wanting to renegotiate Treaty of Nanking and again making it more favorable to them. (Davis 2001: 12) They want to ensure their most favored nation status. They demand to open all Chinese ports, legalize opium trade, exempt imports from duties and again war breaks out and results in Treaty of Tientsin (1858) which again leads to the loss of China and meeting the demands of the British. The Taiping Rebellion, in which millions died, was a massive revolt against the monarchy of the reigning Qing Empire in China. Basically people are devastated and frustrated about China’s defeat in First Opium War and the reaction of the Qing leaders as ineffective and corrupt. Also the1850s flooding causes peasants to lose homes, and they join rebels. The movement was headed by Hong Xiuquan, an unorthodox Christian convert who declared himself the new Messiah (Davis 2001: 12 – 13). The government starts to take note and tries to stop them but Hong and their followers established the Kingdom of Taiping – â€Å"Kingdom of Heavenly Peace† on the basis of a classless society with wealth distribution. But holding their territory against imperial and foreign forces had become virtually impossible which led to their downfall. Almost inspired by this came the Boxer Uprising where a few radicals gathered around Beijing and tried to besiege the embassies of imperialists, as they were tired of the foreign dominance (Davis 2001: 13). The Chinese empire was extremely successful at preventing famine causalities in the past. Landowners and merchants refused aid from missionaries, convinced they would convert the Chinese in payment (Rouse Lecture). The Chinese government should also have cut the taxes: by attempting to gain money, the government stopped the poor from buying food. Finally, if China had limited their military budget they would have been able to keep up famine prevention measures. Both famines in India could have been easily averted by the British had they made certain changes. Lytton did not allow local governments to stockpile grain (Davis 2001: 29). Furthermore, the northwest provinces, historically a subsistence-based system, turned into a commercial system under the British: in order to restore British grain prices, grain was exported to Britain (Davis 2001: 51). If more grain had remained within the country, prices would not have risen so high in the first place. Yet at the same time, many of India’s maharajas gathered grain to sell at high prices, just like the British (Davis 2001: 50-51). Furthermore, the British insisted on collecting taxes from the impoverished rural farmers, who could barely make ends meet (Davis 2001: 50). There were certain social ideas, models and dilemmas that the British were the forerunners for. One of them was the idea of Liberal capitalism; which basically means that the society is based on the principles of capital in its various forms and that almost everything in the society had a price and could be obtained through capital. This idea of gaining capital led to the idea of obtaining it quickly, which came to the idea of imperialism, which was to use up the natural resources of foreigners towards ones own needs. Apart from that great thinkers like Adam Smith said, â€Å"famine has never arisen from any other cause but the violence of government attempting, by improper means, to remedy the inconvenience of dearth. † (Davis 2001: 31) which gave base to the idealistic imperialist plans, which were never really implemented. Around the time the idea of Social Darwinism came about which gave imperialists reasons to conquer new territories without worrying about the ethical issues as now they thought that it was just meant to be, as described in Rudyard Kipling’s â€Å"White Man’s Burden† (1899); which came up again at the time. If the British and Chinese governments had implemented these slightly different changes in India and China, the famines’ effects would not have been nearly as catastrophic. China’s numerous rebellions such as the Taiping and Boxer Rebellions wouldn’t have happened: there would be an extremely limited foreign presence in China and its people would not have been unable to provide for themselves. Without foreign influence, famine prevention measures would have been greater than those of the West would have been.

Saturday, September 28, 2019

Applied Principles for Responsible Business Practice

Human resource management is used to describe the management of the people within an organization. There are various responsibilities that fall under the human resource management , which creates an efficient workforce environment for the organization. Human resource management is a â€Å"resource† centred phenomenon that deals in monitoring, planning and control of the people associate with the organization (Punch,   2013). In this report, we analyse the Australia and New Zealand banking group (ANZ), which is the fourth largest banking in Australia and the largest bank in New Zealand. The human resource management program of the ANZ bank would be conducted in the report, with more stress on the labour practices and the approaches towards the social responsibility of the company. The report analyses various steps that are taken by the organization, and thereby helps the organization in achieving the goals of the organization of achieving an ethical framework. ANZ bank believes in the natural strengths of a vivacious, diverse and comprehensive team   where the background, aim and experiences of a particular person helps the organization to form a stable relationship with the customers of the company. it helps in making better decisions for the business. the labour practices of the ANZ organization can be divided s follows : Values – ANZ values ensures â€Å"doing the right things well† (Chien, 2012). Their values describe the position of the organization which implements the ideas of not willing to compromise in any situation with the customers, shareholders, community and with each other. Along with the code of conduct and ethics, the company helps in organizing the value guide that helps in taking efficient decisions. Their values are to do what is right, to connect and work in unity in order to fulfil the wants of the customers, to make their actions useful enough , value every choice and respect the customers and each other and to give their best at work . Approach to human rights – ANZ performs various approaches that guides the methods of treating its employees, promote culture and respect to the customers and suppliers ,and contributing the communities in which is persists (Executive Strategies | ANZ. (2016). They sign a mandatory un global compact that initiates the guidelines for the ethical conduct towards its employees. They have generated their standards available for the employees in five different languages. Diversity and inclusion – ANZ has maintained a diverse environment at workplace by following various approaches towards the employees. Numerous policies and plans are initiated in order to uplift the welfare of its employees such as   employment opportunity, plans against harassment and bullying, flexible working, accommodation for the staffs, parenting ,eldercare and childcare facilities. Various approaches have also been initiated dealing with discouraging gender bias at workforce, promoting cultural diversity , increasing accessibility and flexibility towards the workers (David & David 2016). It aims at providing all the facilities to its employees that would raise the productivity of each labour. Health and safety policies – ANZ provides its labour with various health, safety, security and wellbeing policies   that would help the labours of the organization. They have implemented a health and safety management system (HSMS) to identify and formulate the wellbeing of the employees, customers, contractors and visitors ad members of the organization. A special employee assistance problem has been initiated by ANZ bank which deals with a confidential counselling service providing professional guidance and support to the labours. A risk accreditation framework has been formed as a part of ANZ essentials that helps the labours to identify their specific roles and requirements for training. Training and development – ANZ has   a team of highly respecting banking professionals that aims at fostering the labour for longer term and a culture of continuous and self directed learning. They offer their labours with various formal and informal ways to learn ,develop and grow. They are in collaboration with some leading training institutes that help the organization in training their labour for producing quality efficient work. ANZ provides their labour with high opportunities to develop in their career (Oke ,2016). Employee relations – ANZ bank provides its employees with the work environment that encourage the employees to express their ideas, opinions and concerns towards the organization. They motivate their employees to participate in the policies and proposals of the bank which initiates a long term success of the company. The company conduct an annual employment engagement survey that is reported to the management board of the bank. They provide their employees with the freedom   to get associated with the decisions to be taken by the company (Jones,   McEvoy   & Barrett 2016). These commitments of the company are formulated by the freedom of association policy. ANZ aims at treating its employees with dignity and respect. Australia and New Zealand Banking Group Limited (ANZ) have dedicated themselves in supervising the environmental impacts of their activities   Ã‚  and social responsibilities that would reduce both environmental impacts and costs incurred by the organization (Brammer, Jackson & Matten 2012).   In order to pertain an ideal situation towards its approach to social responsibility, ANZ has attempted to undertake various measures that would help the bank to achieve their target. The approaches could be listed as follows : Responsible business lending – the bank finances many social and environmental sensitive companies . The organization help their customers by providing them with aid in order to overcome their difficulties , minimise and manage their impacts. As stated by Mondy, & Martocchio (2016), the organization focuses on making balanced decisions that are fully informed, in order to help their customers to improve the management of environment, society, and governance risks. They have developed a number of processes such as social and environmental screening tool, reputation risk radar, early alert review committee and reputation risk committee. Climate change – ANZ is implementing   various plans n meeting the social, environmental and economic challenges posted by climate change. The organization has stated that they aim in   fulfilling the international agreement to limit the average global temperature , to not more than 2 °c  .   They have submitted a recent statement to the Australian parliamentary inquiry, which states the framework dealing with consistent information regarding the matters of carbon risk reporting. They have formed a carbon working group in acquisition with three other Australian banks (Murray, Davis,   Hewson   & McNamee, 2014). Managing footprints – the organization aims at reducing the environmental impact of the operations carried out by the bank, by formulating innovation and efficiency. There are some major environmental impacts that are as a result of the growth of digital banking services, which uses an expanded technological infrastructure (Mathis, et al., 2016).   The bank develops solutions in order to reduce these environmental impacts along with the view of reducing the costs. They have implemented various plans that designs sustainable branches and thereby reduces the need of natural resources (Hendry 2012). Supply chain -    ANZ bank is currently operating in 34 markets that utilises an extensive supply chain. As the bank knows, that their activities are directed towards having a social and environmental impact, and that their stakeholders expects to be managed accurately, the bank has formulated some approaches accordingly. They have a group sourcing policy to undermine the behaviour of everyone thereby ensuring a fairer and safe   conduct. A sustainability guidelines list is maintained for the bank in specific categories of the it sector, motor vehicle ease , legal services, print services and corporate wardrobe. ANZ has an extensive supplier code of practise (SCOP), which sets out various expectations of the suppliers (Stockport , et al., 2012). Energy and carbon emission – ANZ keeps a check on the performance of their 34 markets by operating through an online environmental reporting system.   They conduct video conferencing   other techniques in order to educate its employees regarding the   efficient consumption   of energy consumption. They meet the requirements of national greenhouse and energy reporting act 2007 and thereby helps to sustain the environment.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The code of conduct and ethics, helps in organizing the value guide that helps in taking efficient decisions for the company  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The company sign a mandatory un global compact that initiates the guidelines for the ethical conduct towards its employees  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Numerous policies and plans are initiated such as   employment opportunity, plans against harassment and bullying, flexible working, accommodation for the staffs, parenting ,eldercare and childcare facilities.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   They have implemented a Health and Safety Management System (HSMS) to identify and formulate the wellbeing of the employees, customers, contractors and visitors ad members of the organization.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   They are in collaboration with some leading training institutes that help the organization in training their labour for producing quality efficient work  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   They have implemented a health and safety management system (HSMS) to identify and formulate the wellbeing of the employees, customers, contractors and visitors ad members of the organization.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   They provide their employees with the freedom   to get associated with the decisions to be taken by the company.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The organization help their customers by providing them with aid in order to overcome their difficulties , minimise and manage their impacts.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The organization has stated that they aim in   fulfilling the international agreement to limit the average global temperature , to not more than 2 °C  .  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The bank develops solutions in order to reduce these environmental impacts along with the view of reducing the costs.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   They have a group sourcing policy to undermine the behaviour of everyone thereby ensuring a fairer and safe   conduct. A sustainability guidelines list is maintained for the bank in specific categories of the IT sector, motor vehicle ease , legal services, print services and corporate wardrobe.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   ANZ keeps a check on the performance of their 34 markets by operating through an online environmental reporting system.    ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Company practices off shoring, that involves shifting of the business from one country to another.Weaknesses  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The bank has no job security schemes for its employees, hence it results in firing its workers without any notice.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Less funding for the training program.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   More optimization for   social benefits and include development strategies.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Supplier need to see that the public image of ANZ has not   been tarnished.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Delay in formulating the plan of carbon emission.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Environmental effects are more than the remedies installed. Human resource management provides the company with the scope of analysing a responsible environment   around the workplace. With the detail analyses conducted over the labour practices and approaches towards the social responsibility of Australia and New Zealand banking group . Information regarding the various approaches proposed and perceived by the company has been discussed, that provides a clear view of what are the strengths and weaknesses of the organization with regard to the two elements of the human resource management. Brammer, S., Jackson, G., & Matten, D. (2012). Corporate social responsibility and institutional theory: New perspectives on private governance.  Socio-Economic Review,  10(1), 3-28. Chien, I. L. C. (2012). A Study of Foreign Bank Acquisition Strategy-The Case of ANZ Bank. David, F., & David, F. R. (2016). Strategic Management: A Competitive Advantage Approach, Concepts and Cases. Executive Strategies | ANZ. (2016). Anz.com. Retrieved 22 September 2016, from https://www.anz.com/corporate/markets/structured-investments/executive-strategies/ Hendry, C. (2012).  Human resource management. Routledge. Jones, T., McEvoy, D., & Barrett, G. (2016). 5 Labour intensive practices in the.  Employment, the Small Firm and the Labour Market, 172. Mathis, R. L., Jackson, J. H., Valentine, S. R., & Meglich, P. (2016).  Human resource management. Nelson Education. Mondy, R., & Martocchio, J. J. (2016). Human resource management.  Human Resource Management, Global Edition. Murray, D., Davis, K., Hewson, C., & McNamee, B. (2014). Financial System Inquiry.  Final Report. Canberra, The Treasury of the Commonwealth of Australia. Oke, L. (2016). Human Resources Management.  International Journal of Humanities and Cultural Studies (IJHCS)à ¢Ã¢â€š ¬Ã¢â‚¬ ¹ ISSN 2356-5926,  1(4), 376-387. Punch, K. F. (2013).  Introduction to social research: Quantitative and qualitative approaches. Sage. Stockport, G. J., Godley, M., Guagliado, D., Leung, O., Mercer, B., Varma, G., & Wong, S. (2012). ANZ Bank: Building a strategy for Asia.  South Asian Journal of Business and Management Cases,  1(1), 31-41.

Friday, September 27, 2019

Mentoring Essay Example | Topics and Well Written Essays - 1750 words

Mentoring - Essay Example As the paper declares in several aspects, modern day relationships of mentoring are different from the past. In old times, the main objective of mentoring was just one-way transfer of extensive amount of information and awareness. The mentee used to be just a recipient and most of the times had little control or authority in this relationship. Their relationship used to last for certain days or months, and one mentee was only allowed to have one mentor. Moreover, Mentoring used to happen on only face-to-face basis. According to the report findings majority of the schools conduct number of extracurricular activities like swimming, baseball, football or soccer etc., there is no school with an extracurricular lab for computer having a computer coach to maintain it. The reactions towards various attempts to introduce mentoring for students of high schools have been spoilt with everything from lack of sympathy to opposition. An individual needs to have a teaching certificate in order to join a school as a teacher and not some new ideas or motivation. Another major barrier that female mentors come across everyday is gender barrier. From both physiological and social point of view female mentors are highly discouraged by the society. School districts with effective mentor programs actively seek accomplished veteran staff members to serve as mentors. Several stakeholders should discuss and contribute to the construction of a profile of the kind of person who would serve as a mentor. Several sources sug gest the kind of qualities to look for in a mentor.

Thursday, September 26, 2019

Philosophy final paper pre-question Essay Example | Topics and Well Written Essays - 1500 words

Philosophy final paper pre-question - Essay Example have a function or activity, the good and the ‘well’ is thought to reside in the function.† Therefore, it is the human good which keeps the function the soul performs in accordance with virtue. The key points in Aristotle’s concept of function include the following arguments in brief: Aristotle argues that everything has a function or activity to perform. Further, based on this argument, he states that everything that has a function has a virtue as well. Therefore, it is the virtue of the thing that enables it to perform its function well. The basic function of the soul, as argued by Aristotle is to take care of things, rule and deliberate, and so on. Because, these are the activities one cannot perform without the soul. Again, the soul can perform well only when it has the virtue associated with its function. In this way, a good soul performs, takes care of things, and in general, lives a good life. This is where the conception of happiness comes into being. Therefore, the conception of happiness is mainly derived from the good functions performed by the soul while performing them all well with the nature of virtue. When the soul performs its function virtuously, then the soul becomes associated with justice. That means the just soul performs well and, therefore, lives well. That is how the soul is blessed with happiness. Whereas a bad soul does just the opposite of what a good soul does. In that sense, the bad or the unjust soul performs as well as lives badly and so is wretched. This is what Aristotle describes as the definition of the notion of happiness. In the process of his argumentation, Aristotle wants to identify happiness with virtuous activities performed by the soul. A happy man will have a pleasant life. However, pleasure is not the only good thing that happens to a happy man. In simple words, a happy man will share both a pleasant as well as virtuous life. When the notion of happiness is introduced, Aristotle proposes his view of

Company Law methods Essay Example | Topics and Well Written Essays - 3000 words

Company Law methods - Essay Example A company will also be governed by its own Memorandum and Articles of Association. Now we'll have brief discussion about these two concepts which are considered to be the life of a company. This is the most important document in the company as it set out the constitution of a company and it is the foundation on which the structure of the company is based. In other words it may say that the identity of the company is based on this. It prescribes the name of the company, its registered office, objects and capital. It also defines the extent of its powers concerning to the matters relating to its function or otherwise. The memorandum is in fact a charter of the company. A company can exercise only such powers which are either expressly stated in the memorandum or as may be implied there from including matters incidental to the powers so conferred. A company must act within and not outside the scope of its memorandum. Any transaction which is outside the ambit of the powers of the company shall be ultra virus and void. The articles of association of a company are the internal regulations which govern the management of the internal affairs of the company. As it meant for internal affairs, the members have full control and may by resolution alter them as they think fit so long as they do not exceed the limits defined by the memorandum. In other words Articles of Association form the basis of a covenant /contract that regulates the company's internal procedure and set out the rights of the shareholders as conferred by their ownership. Contractual effect of Memorandum and Articles of Association Memorandum and Articles of the company when registered, have binding forces as they bind the company and its members to the same extent as if they have been signed by the company and its each member. In other words, the memorandum and Articles of the company when registered, bind the members to the company and the company to its members, but onin the capacity of members of the company and not in any other capacity such as directors etc. This clause is incorporated in Sec.14 (1) of the3 Company Law 1985. i.e. Sec.14 (1) of the Company law 1985 says that "Subject to the provisions of this Act, the memorandum and articles, when registered, bind the company and its members to the same extent as if they respectively had been signed and sealed by each member, and contained covenants on the part of each member to observe all the provisions of

Wednesday, September 25, 2019

The Benevolent Benjamin Franklin Essay Example | Topics and Well Written Essays - 1250 words

The Benevolent Benjamin Franklin - Essay Example Franklin had to learn at an early age to become an independent studier of academics, since books were quite rare and very expensive in this period in history, thus setting the foundation for his motivational prowess found later in life. Because of the aforementioned experiences, and many other exposures to diverse citizens in domestic and international society, Franklin began to understand the importance of virtue, character, integrity and the pursuit of securing the common welfare. Franklin eventually evolved into a highly-benevolent statesman who genuinely believed in the construction of ethical philosophy and the social promotion of self-improvement to better personal character. THE JOURNEY TOWARD SELF-IMPROVEMENT In Franklin’s autobiography, he continuously refers to situations that occurred throughout his lifetime that lay the foundation for his views on self-improvement, with considerable emphasis about the importance of divinity in establishing this principle. In 1756, Franklin was commissioned to take a leadership role in the construction of fortified structures for the military to ensure protection against growing Indian enemy threat. During these months, involving very difficult labor, Franklin witnessed what he referred to as â€Å"contemptible† management policy for workers (Eliot, 140), who had been charged with using axes and shovels to dig trenches and process lumber for fort construction. Franklin found that when men were gainfully employed, they were more jovial and willing to comply with management and laboring direction. During periods where there was limited work available, these same laborers would argue and complain due to these frustrations. The leadership of the fortification construction projects, rather than recognize laborer needs, would simply provide them with trivial grunt work as a means of satisfying the ongoing complaints. Through these observations, Franklin began to recognize the foundations of human nature and e ffective management which is more in-line with contemporary leadership philosophy about establishing relationships and providing satisfaction to laborers to improve productivity and commitment. Franklin seemed to recognize the imperative of searching for opportunities for self-improvement in terms of providing for the social and tangible welfare of others through these experiences. During this construction phase in Franklin’s life, he provides an example of where these realizations became apparent when discussing a lack of commitment by the aforementioned laborers for attending prayer services. Franklin offers to the project chaplain regarding the use of rum provisions as an incentive for regular and timely attendance of these services: "It is, perhaps, below the dignity of your profession to act as steward of the rum, but if you were to deal it out and only just after prayers, you would have them all about you." (Eliot, 141). Franklin believed that the volume of promises for incentive-based alcohol was not meeting with expected results for prayer attendance, since men inherently have gluttonous attitudes (this was apparent during periods where laborers were argumentative and dissatisfied). Franklin recognized that men required seeking self-improvement and that it is not always beneficial to provide abundance until the individual has sought emotional intelligence and self-reflection to monitor and control behaviors. Even though Franklin

Tuesday, September 24, 2019

Marketing plan for jetblue airlines Research Paper

Marketing plan for jetblue airlines - Research Paper Example The key competitors of JetBlue Airways Corporation are Southwest Airlines, Delta Air Lines, American Airlines, US Airways, and United Airlines (Cederholm, 2014a). Although it has its bases in JFK International and New York City, the airline’s other focus cities are Fort Lauderdale – Hollywood International Airport, Logan International Airport  (Boston), Long Beach Airport, Luis Muà ±oz Marà ­n International Airport  (San Juan), and Orlando International Airport (Wynbrandt, 2004). The company’s fleet size is 310 reaching more than 87 destinations. The organization’s slogan with which it has spearheaded its marketing strategies is ‘You Above All’ (Handley, 2013). The company has more than 15,000 employees. Its net income, total assets and total equity are US$ 401 million  (2014), US$ 7.1  billion  (2012), and US$ 1.9  billion  (2012) respectively. JetBlue Airways Corporation runs low-cost passenger airline services in the US. It mainly operates on point-to-point routes across the USA from its principal bases in Boston, Fort Lauderdale, Los Angeles/Long Beach, New York/JFK, or Orlando (Bomkamp, 2010). Its fleet consists of 120 Airbus A320 aircraft and 49 EMBRAER 190 aircraft, traveling to over 20 states (Schlangenstein, 2007). Through its subsidiary organizations, JetBlue provides extra services such as in-flight entertainment, voice communication and data connectivity services. These services by its subsidiaries target both commercial and general aviation aircraft. Moreover, JetBlue Airways has vacation packages, provided by its subsidiary, JetBlue Getaways website. This website also offers hotel and car rental reservations alongside the vacation packages. The company has numerous resources with which it can achieve greater heights through astute marketing. First, being among the latest entrants into the airline industry, JetBlue has one of the youngest and newest fleets in the skies. Second, it is a low-cost airline. Third, JetBlue

Sunday, September 22, 2019

Abstract Expressionism - Control VS Chance Research Paper

Abstract Expressionism - Control VS Chance - Research Paper Example The research paper "Abstract Expressionism - Control VS Chance" investigates abstract expressionism. It challenges the controlled aspects in art and gives us the freedom to express our own idea of what art is through expression. If you take your time to look at a work of art, it should take you through a process, emotions, and should tell a story, which is what Abstract Expressionism does. From brush strokes, to color schemes, to texture, to geometric and organic shape and line, Abstract Expressionism provides an experience that is reserved for those who are willing to experience a journey of something different and not immediate familiar. Artists such as Hans Hofmann, Jackson Polluck, Franz Kline, Gerhard Richter, and Norman Lewis have been leaders in abstract expressionism through painting and I personally have been inspired through their works. My paintings, mixed media art, and photography are all influenced by Abstract Expressionism. While analyzing the works of these artists, w e will discuss the comparison of control versus chance in art and the need for Abstract Expressionism in the contemporary world of art. It emerged soon after the Second World War thereby developing a new trend in painting among other types of arts. Different artists that shared the school of thought appreciated different features of art as they sought the freedom to express their creativity and artistic instinct in the development of art. Abstract expressionism therefore relies on the creativity, energy and action.

Saturday, September 21, 2019

Romeo and Mercutio Essay Example for Free

Romeo and Mercutio Essay ‘Explore the ways in which Romeo and Mercutio are presented in Act 1 Scene 4 and elsewhere in Shakespeare’s play and in the performed version. In act 1 scene 4 of Romeo and Juliet, characters Romeo and Mercutio express different feelings that draw the reader in and shows how important the relationship between them is. In the scene everybody is wearing masks and Mercutio and Romeo have attended the Capulet’s party. Romeo states that he will not dance at the Capulet’s feast as he loves someone who does not love him so he is not in the mood to dance and be happy but Mercutio (a close friend of Romeo) tries to convince him to dance. Mercutio then goes on to recite his speech to Romeo about Queen Mab of the fairies and how she visits your dreams. Romeo is presented in a way that he seems like he worries whether dreams come true or if they are just made up. This makes him seem more scared than ready for anything. In Act 1 Scene 4, Romeo says that he â€Å"dreamt a dream tonight† to his friends Mercutio and Benvolio, on their way to the Capulet’s feast. He is worried whether his dream will actually become reality, saying that he fears the â€Å"vile forfeit of untimely death†. However, at the end of the play you see his dream as real life as he does eventually die before his time, because of this happening it is able to prove that Romeo may be seen a psychic. Also in this scene you see Mercutio also express his view on dreams and desires in his Queen Mab speech. After Romeo says that he dreamt a dream, Mercutio then jumps in and says he too dreamt a dream, although he says that â€Å"dreamers often lie†. He begins to describe Queen Mab, a fairy that brings fantasies to dreams. The speech begins very imaginative and unusual but changes nearer the end. Mercutio ends the speech saying that dreams are â€Å"children of an idle brain† and dreams are nothing but hopes. This shows Mercutio’s view on dreams and desires, which is that they are demeaning and undignified in comparison to Romeo’s view who see them quite real and true. This scene also shows how sensitive and depressed Romeo’s character really  is. Romeo talks about how uncomfortable being in love is making him feel â€Å"Under love’s heavy burden do I sink†. This is saying that Romeo sinks because of the strong and heavy weight of love. You can tell from this that Romeo is not enjoying being in love and at the beginning Rosaline does not love him and how sad this makes him feel – so the audience is being prepared for the meeting of Juliet and Romeo. Romeo is extremely depressed and does intend to dance or be merry, which is the reason that his good friend Mercutio tries to stop Romeo from feeling this way. Romeo and Mercutio’s relationship in the play in very important to the plot of Romeo and Juliet, for starters, Mercutio is the one who convinces Romeo to attend the Capulet’s feast and this is where Romeo and Juliet meet for the first time. No matter how reluctant to going Romeo was Mercutio was able to get Romeo to agree to go. Without Mercutio the couple would never of met and the play or Romeo and Juliet would not be able to unfold in the way it does. Another reason is because of Mercutios death it sets off event which then lead to the banishment of Romeo which then draws Romeo and Juliet together again. Not only is there comparison between parts of the actual play and film but there are differences with how they are both performed. A main comparison is that in a play text the focus is on what is spoken and it is then up to the imagination to build on a character. Whereas in a film text the focus is on how the characters look and the colours they are wearing because this can symbolise what the characters are like emotions. Another large difference is, in the play the language that is used creates different moods, whether it be poetic, longs or short sentences they all create various emotions – for example a short sentence may be trying to build tension between the characters. However, in the film, the camera shots affect how the characters feelings are put across to the viewer. Close ups are intended to show tension whereas longer shorts may be to show peace between the characters. This shows that there are infact many differences between the time in which Shakespeare, the per formed version was set and shown on stage and Shakespeare the filmed version was shown through the camera.

Friday, September 20, 2019

Analysis of the Business Cycle in the Economy

Analysis of the Business Cycle in the Economy One of the most difficult subjects in economics in the business cycle or the pattern of contraction and expansion seen in the overall economy, this is a major factor that will effect the profit and sales performance of all companies to an extent. On average business productivity in EC has expanded at a rate of 3% per year in terms of real Gross Domestic Product (GDP). During an expansion in the business cycle, the real GDP can increase to a rate of 5-6% or even more and during a recession it can decline for an extended period. During the years the economy is growing – output, income, and employment are increasing. In other words, the trend in business and general economic activity is upward. But there are fluctuations around what we might call the ‘growth-path’ line. We have terms for the periods when business activity have temporarily pulls us below our upward growth-path, and others for periods when business activity moves with, or in excess of, our normal growth –path. We call the former recessions or depression and the latter expansions or booms. During the boom period employment level is up as are expectations, sales and profits and imports. During this period high risk investments will be undertaken and may inefficient firms will be able to operate, as margins are high. This will subsequently lead to shortage of resources (supply-side effects), this occurs at the highest point. In figures 1.1 the coloured line represents the long-term ‘growth-path’ around which the economic activity fluctuates, moving in some consistent pattern from expansion to recession and back again. This was one of the reasons why UK did not join the Single Currency, as to ensure EMU succeeds in the long-term; all participating member states must operate at the same stage of the business cycle. The Phillips curve illustrates the short-term trade off between inflation and unemployment. The trade of between unemployment and inflation is temporary as government microeconomic policies can in the short-term exploit a trade-off between them using various policy instruments, such as public spending and taxation. Therefore, the government can influence the combination of inflation and unemployment the economy experiences. Therefore, the Phillips curve is critical in the understanding of the business cycle, via measurements such as rate of unemployment or the production of goods and services. When real GDP grows rapidly, business is good. During such periods of economic expansions, businesses will have excess demand and profits are growing. However, when real GDP is declining during a recession, demand is slow and most companies record declining sales and profits. The term business cycle is somewhat misleading, as it would suggest that the fluctuations within the economy follows a regular and predictable pattern. However, fluctuations are not at all regular and very difficult to forecast. If we examine the real GDP within the UK between 1971 and 2004 and define a recession as occurring when GDP declines for two or more successive quarters, then we would see that the UK economy has experienced four recessions since 1971. Recessions can occur quite close together as in the 70’s, but sometime the economy can go one for many years with a recession, as is the case in UK, where we have not suffered a recession since 1991. Real GDP is the most commonly used measure for monitoring changes within a countries economy, as it provides a broad measurement of economic activity. â€Å"Real GDP measures the value of all final goods and services produced within a given period of time.†[1] Changes in the economy’s output of goods and services are strongly correlated with changes in the economy’s utilisation of its labour force. Therefore, when real GDP decreases the rate of unemployment increases. This is not every uncommon as companies will decide to make a smaller quantity of goods, and make redundancies, and this in turn will raise the level of unemployment in the economy. There are two main classes of factors that offer an explanation on business cycles. The first are internal and those occur from actual changes within the economy, for example, changes in stocks. The second is external, and there are factors outside the control of the economy, for example, rise in oil prices, conflict in Iraq etc. Examples of explanations are: Fluctuations in the money supply – when money supply increase at a faster rate then GDP the rate of interest is low and spending increases. Therefore the economy goes into a boom. The increase in demand subsequently results in both firms and individuals wanting more money and therefore, interest rates rise and this reduces investment and consumptions and the economy goes into a recession. This is a Monetarists explanation for business cycles. Stop-go cycles/Political cycles – Government stimulate growth and employment in the economy and this in turn increase demand. This reflationary action results in expansion in the economy and then the government may be concern about inflationary pressures and as a result adopt a deflationary policies, like increase in taxation. This will lead the economy back into a recession. Keynesian cycles – A rise in exports will raise national income by a multiple amount. This will cause investment to increase and subsequently generate more national income. This will reach a point when the economy will experience supply-side shortages like labour and this in turn will mean income grows more slowly then investment will decrease (leading to a recession). Demand and supply-side shocks – caused by unforeseen shocks such as the global financial crisis in 1997 resulting in decreased demand for goods and services across the globe. Real Business Cycle Theory – â€Å"explains cyclical shocks in terms of spurts and starts in technological advance.†[2]Innovations in technologies like MP3, MP4 players, HD Digital Televisions, etc causes an increase in productivity and subsequently higher real wages and more willingness to participate in the labour market. Seasonal work patterns within the leisure and tourism industry is a prime example of cycles that are generated by rational economic agents, hence, the term ‘real’ factors. Other examples or real factors affecting the real business cycle would be bad weather, increase regulation for CO2 emissions, terms of trade, energy prices and oil price fluctuations. Those factors do not require money supply and Keynesian cycles (amongst others discussed earlier) to explain the existences of why business cycles exist. Demand and supply shocks as discussed above and natural disasters like the Tsunami also can have comparable effects to the technology s hocks analysed in real business cycle theory. Real Business Cycle Theory (RBC) The notion of Real Business Cycle (RBC) evolves from a macroeconomic viewpoint that attributes the fluctuations in terms of economic recessions and booms to productivity (GDP) that is as a direct result of random occurrences across the global. This school of thought argues against any form of government intervention via the use of monetary or fiscal policy instruments such as money supply, taxation, government spending etc, to bring the economy out of a recession or control an economy during a period of rapid growth in a boom. The RBC believes the level of GDP will maximise utility at any one time. RBC models are seen as an extension of a neoclassical growth model Therefore, RBC theorists believe that the business cycle is ‘real’ and not a result of market failures, but a reflection of efficient works of the economy. Various criticisms of real business cycle theory has come to light in recent times and also as a result of the research conducted by Kydland and Prescott (Econometrica 1982), who modelled economic variability as â€Å"real† business cycles with efficient markets. This study failed to recognise the impact of any government intervention via monetary policy upon the business cycle, underestimates the existence of market inefficiencies and the role of unemployment (as discussed via the Phillips Curve). Therefore, it is clear that the economic debate on whether business cycles are ‘real’ or a function of cyclical movements is still very much alive. Importance of Business Cycle within EMU The important role of business cycle can be illustrated by the example of the Euro. The introduction of economic and monetary union across 11 of the 15 member states of the European Union is an interesting economic experiment. It has been driven by a political aspiration to create a unified trading block to rival any other trading block in the world. To ensure EMU succeeds in the long-term all participating member states must operate at the same stage of the economic cycle. Reaching that stage will represent the greatest threat to EMU. A very rough way to assess the similarity of the business cycle is to look at the correlation coefficient for annual changes in Gross Domestic Products (GDP) for pairs of countries. Using data from OECD for the period 1971-2000 for Austria, France, Germany, Italy, Belgium, Netherlands, Spain, Finland, Luxembourg, Portugal and Ireland, it appears that only France, Germany, Spain, Netherlands, Austria, Belgium, Portugal and Italy with correlation ranging between 0.83 (France/Belgium) to 0.47 (Italy/Spain) have similarity in business cycle. The Finland business cycle is closest to France (0.49), Belgium (0.43) and Spain (o.41), but distant from Germany (0.005) and Netherlands (0.19). In this sample, the country that is indeed not well integrated into a common European business cycle is Ireland. The Irish economy is closest to that of Netherlands (0.32), Finland (0.32) and most distant from Italy (-0.02). The Irish business cycle has a negative relationship to that of the Italian. This suggests that when Italy is experiencing a boom Ireland will be in a recession or steady economic growth. The Irish economy is the acid test of whether or not the Euro works. Most members are coming out of a recession whereas Ireland is in a state of boom. Aust. Fra. Ger Italy Nether Spain Ire Bel. Fin Lux. Port. Aust. 1 Fra. 0.71 1 Ger 0.65 0.61 1 Italy 0.57 0.71 0.57 1 Nether 0.63 0.63 0.71 0.54 1 Spain 0.67 0.74 0.47 0.46 0.61 1 Ire 0.12 0.21 0.14 -0.02 0.32 0.28 1 Bel 0.67 0.83 0.63 0.75 0.68 0.74 0.23 1 Fin 0.26 0.49 0.00 0.39 0.19 0.41 0.32 0.43 1 Lux 0.30 0.34 0.41 0.31 0.49 0.40 0.13 0.42 0.12 1 Port 0.74 0.82 0.63 0.69 0.51 0.67 0.17 0.73 0.37 0.34 1 Source: OECD Economic Outlook December 1998 July 1991, Own calculation of correlation matrix The subject of business cycle and real business cycle still has many questions to answer; the primary is what is the principal source of cyclical movements in GDP of an economy? Are the fluctuations in GDP caused by technology or are the movements in GDP due to government interventions via monetary and fiscal policy implementations? Those are critical questions, and the answers to which would serve as a great benefit to both firms and governments. It would provide firms at a microeconomic level a greater ability to accurately forecast business cycles and hence, consolidate there profits, and government in estimating the resulting welfare costs of a shift in macroeconomic policy like increase public spending, lower taxation, lower interest rates etc. In my opinion the dominant view of a business cycle is still one that is caused by a change in monetary policy and not just as a result of ‘real’ factors like technological innovation or political events like war or trade disputes. We believe that those real events do play some part in the fluctuations around the business cycle but business cycles are still primarily caused as a result of fluctuations in economic activity such as employment and production as measured by GDP. OECD Economic Outlook December 1998 July 1991 Mankiw, N.G. and Taylor, M.P. (2006) Economics, Thomson Learning McAleese, D., (2004) Economics for Business Third Edition, FT Prentice Hall Grant, S.J., (2000) Stanlake’s Introductory Economics 7th Edition, Longman Stanlake G.F, (2000) Macroeconomics: An Introduction, Longman Group UK Greenaway, David; Shaw, G.K., Macroeconomics Theory and Policy in the UK Second Edition (1991), Basil Blackwell. Dornbusch, Rudiger; Fischer, Stanley, Macroeconomics Fifth Edition (1990) McGraw-Hill International Editions Footnotes [1] Gregory, M. and Taylor, M.P. (2006) [2] McAleese, D. (2004)