Essays on Political Economy

InstitutionDate

I began my higher education studying business management at Lebanese American University. Upon entering and choosing to study business with a concentration in management, I was unsure if it would be for me, but the two subjects had always fascinated me and I wanted to learn more about them. Fortunately, I knew immediately I had made the right decision, becoming so enthralled with both the business-mechanics, and management side of each subject I was sure about my future. I knew I would go on to pursue a Master’s in Management in order to take my professional career an ...

Karen and Arjun understand that political ecology studies the complex relationships that exist between political, economic and social factors which influence environmental issues and changes. Therefore, political ecology majorly politicizes environmental issues and phenomena to bring about the aspect of costing and its benefits and how these affect environmental changes distribution. This field as received numerous contributions from various scholars who believe that the accumulation of resources or wealth is generally influenced by the interplay of economic exchanges and their implication on the environment. According to Karen Bakker in “Golden Road to Riches” she believes that the economic geography ...

Introduction

In more ways than one, the conceptualized constructs demarcating the means by which money exchange takes place within the contemporary world economy are profuse than they might actually appear. The ideology of a contemporary capitalism culture can be split two ways; the thinking of a financializer versus that of a technologist. This paper will take on a triangulation approach at trying to deconstruct the ideals of contemporary capitalism. By cross-referencing different theorizations, the two loudly acclaimed arrangements of abstraction – financialization and technological abstraction – shall be extrapolated and used to establish the actual stand concerning the doctrine of capitalism today.

Financialization

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Abstract

The paper reviews the two different types of government administration; capitalism and the socialism. The capitalism structure entails generation of wealth by private entities and people through investments. In this type of structure, wealth is owned by the individuals or organizations that generated the wealth. The socialism structure is almost similar to the capitalism structure. However, the significant difference is that in socialism structure, the government controls ownership of property. These two structures have differences and similarities. There are few similarities between the capitalism and socialism structures while there exists a large gap of differences between them. Socialism structure ...

In the mid-nineteenth century classical school of political economy was in crisis, as its theory was based on the interpretation of cost values and could explain some of the pressing problems of the economy. The weakest point of the classical school was that it was poorly focused on the subject-user, for which production takes place. The opinion of the classical school was confined to the manufacturer. An exit of the crisis was found by the marginalists. This direction of economic thought emerged in the last third of the XIX century in the center of this system is subject to ...

References 6

The Relationship between Interest Rates and Exchange Rates in Australia 1.0 Introduction In macroeconomics, large scale market-wide factors are considered. Commonly, macroeconomic factors are considered in order to support decision-making, particularly for firms seeking to perform international business (Goodwin, Nelson, Harris, Torras & Roach, 2013). Two of the most important rates influencing decisions of international finance are the interest rate and the exchange rate (Terra, 2015). The interest rate is the percent cost to rent money, and the exchange rate is the value of one form of currency against another. Firms examining options with regard to how to invest money ...

Introduction

In essence, countries relate in order to meet the needs of their people in terms of resources, economy and political influence. Since the political independence of most countries, the governments interacted to seek support and such resources as energy. In this regard, each country had it form of civilization and growth depending on the time when governments stabilized. This research evaluates the relations between the USA and Canada in the global economy as key entities in the North America.

Relations between USA and Canada in global Economy

Policy and Complaints The relations between political economy of Canada and the United States have become continuously straining than the ...

A general move to broaden the security agenda occurred during the 1980s by expanding the focus from the security of the state or the nation to an alternative focus on the security of the people, or the global collective. The human security can be affected by economic welfare, environmental concerns, cultural identity, political rights, and military issues. In recent years, environmental degradation is increasingly being considered as a security problem by not just the environmental activists but also the security establishment as they have become more responsive to the idea. In late 1989, the journal of the International Institute ...

In his “ on the political economy of the financial crisis and bailout of 2008-2009”, Roger Congleton argued that the decision of the United States government to provide financial aid to the financial institutions stricken by the 2008-2009 global mortgage crisis was rather an ill-conceived move, in the both political and economic contexts. His ideas were further explored by the Alan Montague, who emphasized that the very idea government aid to the large financial institutions was hardly compatible with the ideas of welfare state (Montague, 11). During the global recession, twenty millions of the Americans were not capable of finding ...

Compare and Contrast

Compare and Contrast

For a better part of 19th century, various expressive art forms such as orchestral music, Shakespearean drama, sculptures, paintings, and opera enjoyed mass popularity and high-cultural status. However, in America, people shared a culture that was less organized (hierarchically), and less divided into rigid adjectival categories. With time, American arts became increasingly renowned for a growing chasm of “high” and ‘low” culture. Specifically, highbrow culture appeals to the affluent sections of the society who have enough disposable incomes to spend on services and goods that are more expensive and of higher quality. It requires a culture ...

The journey towards the European Union (EU) integration has experienced several turnings. This section of the essay will detail some of the core turning points in the EU integration. Establishment of a Common Agricultural Policy (CAP) was a major turning point in EU integration. The Treaty of Rome defined the specific objectives of the CAP. The CAP was introduced in 1962 (Folmern.p). The establishment of the CAP was enshrined to the state of food shortages after World War II. The aim of the CAP was to build a common European Community market and to cut off tariffs on agricultural ...

Introduction

Casino Capitalism is a vivid description of the international financial markets, their behavior, and the economic strength they yield to various entities. The book goes on to describe the advantages of international financial markets and some of the evils associated with the same. The author, Susan Strange was a former student of the British international relations studies; she is mostly renowned for her contributions to the creation of the international political economy. Apart from her major publication of the Casino Capitalism in 1986, she also published other books, namely: States and Markets (1988), The Retreat of the State (1996) ...

Overview

The theory of consumer choice is interested in the manner through which make decisions on the amount of money that they can commit on their preferences considering their budget constraints (Levin & Milgrom, 2004). All consumers have a budget past which they cannot spend. This budget is influenced by the wealth and income of the individual consumers. The budgets erect constraints on the ability of consumers to acquire their preferences. The consumer choice theory informs the choices a consumer will make considering the price of a certain good or service and his income. The exploration of the consumer choice theory ...

The Evolution of Economics, Economic Systems and Politics

The science of economics, starting with Adam Smith –the father of economics, is the total efforts for developing an understanding of the economic behaviors of the humans. The science of economics follows a development path in defining the economics. The first definition of the economics was based on the household management. Members of family specialize in completing some specific tasks. The specialization relies on the genders' traditional functions. This definition was developed by the philosophers in the ancient times before the Dark Age in Europe. Adam Smith developed this definition by creating a theoretical economic system which has the ...

Introduction

It is noteworthy to study about the past labor and political economy of Japan, as its transformation to what it is today is too different from what it was in the past. Japan has successfully reinvented itself, from one that used to be a closed political economy, into a country that is now open to world economic integration. Despite its economic stagnation in the past few years, Japan remains to be one of the world’s greatest powers, and this can be attributed to decades of political and economic choices that fostered its miracle growth. One of the critical ...

The role of the state in the economy: A historical perspective

The role of the state in the economy has been a subject of discussion for many decades with different views emanating from a broad range of the individuals and institutions in the field of economics. Since the early 1900s, various economists have continued to investigate the various roles of the state in economic development. The investigation led to the distinction of the roles in two broad categories, namely; normative and positive roles. Normative roles refer to what exactly the state should do to maximize the welfare of the people. On the other hand, the positive roles outline what the ...

REDD+ in Kenya

Introduction

The prevalence of deforestation and massive degradation of forests from around the world are considered as one among the primary root of global warming. According to reports, the destruction of forests accounts for about 15 percent of greenhouse gas emissions that occur globally (Forest, 2015), and it was found that deforestation are generally caused by factors that motivate people to clear the forests (Chakravarty, 2012). As a means to combat the problem on global emissions, the REDD+ was created with the goal to reduce the impact of the environmental degradation as well as to foster activities ...

American Public University

The Moral Critique The moral critique views that political scientist's, as well as economists, became less principle experts who betrayed their original vision and goal of political economy. Greater than any other social sciences economists separated themselves from these controversial concerns in last half of the century and have since developed a personal contained professional discourse. The newly created discourse is that of positive science that excludes the evaluative claims earlier stipulated. Myrdal Gunnar never wanted to see these economist returning to the political and moral commitment and advocated for a clear distinction between the advocate and scientists roles ...

Abstract

While power is a secular affair these days, ethics and moral with their connection to religion seem related to what refers to activities associated with the governance of people and territories. Of course, neither of the two provides a comprehensive view of the complex notion of politics, yet both complement the concept with precious meaning. Thus, moral adds an important dimension revealing domestic politics as a set of activities prioritizing social welfare. Furthermore, the perception of governance through the prism of virtuous leaders, as done by ethics scholars, such as al-Farabi, allows people to perceive politics as a unique ...

I find the Rachel R. Chapman ethnography intriguing because it gives very interesting insights in a global health initiative on maternal health care and how maternal mortality rates in Southern Africa, particularly in Central Mozambique, can be improved. Reading on, I find some of the things addressed in the book weird and absurd; it doesn’t make sense to me that pregnancies are actually, for the longest time possible, hidden from others, or how they expose someone to social threats, envy and ill will. I think pregnancy is supposed bring joy to the pregnant woman and the community at ...

Adam Smith

Adam Smith

Personal Background

Adam Smith was born in 1723 in Kirkcaldy in Scotland and was raised by his widowed mother. Adam Smith’s educated began at a local district school. In the year 1737, Smith was sent to the Glasgow College, later he also studied at the Baliol College in the Oxford University. Smith graduated with an extensive understanding of European literature and started to hate the school of English thought. In the year 1751, Smith was hired by the Glasgow University as the professor of logic. In the year 1752, Smith transferred to the moral philosophy. Smith’s lectures ...

Biography of Karl Marx

Biography of Karl Marx

Personal Background

Karl Marx was as influential socialist thinker of the nineteenth century (Sperber, 2014). People consider him a philosopher, revolutionary, historian, and a great social scientist. While living in Trier, Marx received classical education studying law in Bonn and Berlin. However, he had a strong interest in philosophy made him turn away from studying law (Wheen, 2001). During his years as a student, Marx was introduced to Feuerbach and Hegel’s ideas. He received a doctorate in philosophy in 1841 from University of Jena (Wheen, 2001). He worked for a short period as an editor for ...

Introduction

The state and its interaction with the international environment are defined by a certain set of actions and decisions which shape the international relations of the state with rest of the stakeholders in the international landscape. In terms of the international business, the multinational corporate often lands in a situation where there has to be a tradeoff between its adherence to the state’s policies and the personal interests. There are specific theories which ascertain how the state and business should conduct themselves with respect to issues of distribution of power, interests, and sustainability in the international relations. This ...

Biography of Karl Marx

Karl Marx's birth took place at the city of Treves in Germany on May 5, 1818. His father, a Jew, followed Protestantism. He was lawyer by profession. He belong to a middle class cultured family. He completed his graduation from gymnasium in Treves, Marx entered the University of Bonn. After that he joined the University of Berlin. He mainly studied there Philosophy, history and jurisprudence or the theory of law. After completion his course in 1841 he submitted the dissertation of his doctoral degree based on Epicurus. In Berlin Marx came in contact with Hegelian philosophy and he joined ...

China and Russia are two significant members of the group known as the BRICs. The other members are India, Brazil and South Africa. While China seeks to use its economic influence in buying world power, Russia seeks to regain its lost political influence by challenging the United States and Western Europe. This paper seeks to examine and explore China’s use of economic incentives in the form of cheap loans to gain influence in Sub-Saharan Africa. It also examines Russia’s constant antagonism with the United States and its allies in Eastern Europe and the Middle East. The argument ...

Communication Essay

In the current times, there are several implications for democracy brought about by the growth and development of the New Media. The last few decades have seen an increased tension between the perceived performance and the ideals of democratic institutions. Even though there might be an absence of ‘crisis of democracy’, a lot of people believe that all is not well. For instance, in the USA there has been reports of widespread cynicism about political leaders and institution, increasing fears about civic disengagement. The common view of politics in our society is that the public will without a doubt ...

Sovereign Statehood Is A Modern Fiction That Has Been Universalized Through Imperialism And Decolonization. Critically Analyze This Statement Using Examples From More Than One Part Of The World

Introduction

Sovereignty in international relations is a concept that indicates that a state is constitutionally independent. In politics, a state is considered sovereign if it exists in a legal, absolute, and unitary condition where the state is equal to other states in international law and is not answerable to any other foreign state (Biersteker and Weber, 1996). A sovereign state has clearly defined borders within which people reside and the government of ...

Research Essay

As we live our lives, we tend to encounter various challenges every day. Our own thinking brings some of these challenges while other challenges are brought by the paradigms created by the society. Since the world has all kinds of people, we are likely to encounter the rich, poor, unhealthy, and healthy people in our daily interactions. These interactions are sometimes challenging, as we tend to question ourselves on how much we can do to help the world’s poor and the unhealthy people. This challenge presents itself in two ways. In one way, we personally feel that it ...

Economics is an important discipline that concerns an individual’s daily activities. However, as much as the importance of economics to the people and the daily lives of individuals, it can be considered to have been influenced by other disciplines. Economics is a vast discipline that covers a lot of aspects that are important. As a result, the wide scope of knowledge covered by economics comes from multiple disciplines that are studies. Political science can be considered as one the discipline that influences economics largely (Malthus, Donald Winch, and Patricia James 194). Economics covers a wide scope of knowledge ...

Intensified Research of Ridley Scott

Intensified Research on Ridley Scott There have only been a handful of filmmakers who had been able to stand out from the crowd of great film personalities that ever flourished in Hollywood. These filmmakers may not be the ones who made the most popular film in the world or the ones who made the most critically acclaimed or commercially successful films yet. Instead, these people are the pioneers that proved how significant movies can become for popular culture by influencing almost a couple of decades of filmmaking and/or lifestyle choices. Works of this handful of filmmakers, hailed as classics ...

Contemporary capitalism can be termed as a concept that mainly lingers on the around Marxism in regards to the ‘periodization’ of capitalism. According to Streeck, the long debates that hint contemporary capitalism aim to bring huge changes in the basis of social reproduction. This also challenges the characteristics of the trends of capitalism that seem not to be clear and identifying new trends and features that present themselves across regions, sectors and countries. This paper aims to give an insight on the paradigms that make up capitalism. In the same order, it explains the available alternatives that exist to ...

U.S. Position in the Post-cold War ERA U.S. Position in the Post-cold War ERA

The post-cold war saw the rise and growth of the Western liberalism and capitalism. The fall of the great communist powers gave the opportunity for capitalism to thrive in the world. The era of cold war was a struggle for power, where international political economy the struggle for power and wealth was witnessed and is still present to date. The struggle for power is what creates chances for conflict in the world, “the changes in the distribution of power between states increase the chance of ...

LIFE STYLE FOOD HUB ENTERPRISES

Abstract The paper aims at outlining the main differences amid utility and profit maximizing league, with a key focus on Europe and the USA and the resulting implications to sports. The study is in agreement with findings from the previous research study that most clubs in America are profit oriented while their European counterparts are after utility satisfaction. Some of the significant aspects that reflect the above findings are the differences in organizational management in the two areas. In America, major decisions that pertain administration of organizations are made by the shareholders and club owners through a voting process. ...

In the 21st century, climate change has emerged as one of the main threats to the environmental wellbeing of earth as a planet and the ecosystems. The National Academy of Sciences, in its 2009 Ecological Impacts of Climate Change stated that “Climate change is one of the defining issues of the 21st century. Therefore, humans are under a challenge to formulate guidelines, practices and behavioural standards that ensure that economic opportunities and improve quality of life are available to the human population in the long run and also climate and eco-systems are sustainably maintained. Notably, climate change and in ...

General background

The western supremacy which has persisted for the past two hundred years is slowly depreciating due to the shift of power towards the eastern region. The western states are losing the authority to sustain a multilateral order based on the set rules. In 2008 during the wake of great brash, the G20 leaders took initiative steps to reinforce the multilateral order, which included the reinforcement of the IMF and the World Bank governance. This was to reflect an increasing weight of the economy of the developing countries. It will be shown that the reforms at the IMF and the ...

Introduction

Resource curse has been one of the most debated economic issues for the past four to five decades. Indeed, it refers to a theoretical approach that connects certain indicators of a country’s economic growth to its reliance on natural resources such as oil, gas, and minerals. According to a general belief (termed as ‘resource curse’), the countries that are rich in natural and non-renewable resource are characterized by lower levels of democracy, economic growth, and development as compared to the countries with less or no reliance on these resources (Sachs, and Wartner, 2001). On the basis of the ...

BUSINESS IN EMERGING MARKETS

Introduction The theory of natural resource curse can be founded back from the 1970s. Resource curse has been an important topic for researchers since two subsequent decades; multiple research efforts have proposed the association between the production of resources, numerous socio-political ills, and, economic underperformance. The role of natural resources in the growth of the economy has been a question of immense debate. If the role of natural resources is considered in common sense, then economic growth theories propose that natural resources are the gift and economies through building their capital can grow economies. However, if the revenue spending ...

International Financial Management Assessment

International Financial Management Assessment

International Monetary Fund (IMF) is an international financial organization that works closely with member countries to foster global monetary cooperation, facilitate international trade, secure financial stability, reduce poverty and promote high employment and stable economic growths. Together with the World Bank, IMF was formed in 1944 during the Bretton Woods Conference, though it formally came into existence in 1945. The organization is headquartered in Washington DC. Member countries contribute funds to the IMF’s financial pool, and any country that experiences difficulties in its balance of payment can borrow the money (Conway 2006). Macroeconomic stabilization ...

The Name of Class

The Name of the School The City and States where it is located Free market economy is interlinked with the capitalism and the capitalist system. There has been much debate about the ecological crisis and one of them is also inevitable global climate changes. The paper will argue that the free market economy is incompatible with safeguarding from the ecological crisis and global climate changes because it is based on the capitalist system which ideology favors profits over environment protection and public goods. The thesis of the paper is that free market economy cannot solve global ecological crisis and ...

The post-cold war saw the rise and growth of the Western liberalism and capitalism. The fall of the great communist powers gave the opportunity for capitalism to thrive in the world. The era of cold war was a struggle for power, where international political economy the struggle for power and wealth was witnessed and is still present to date. The struggle for power is what creates chances for conflict in the world, “the changes in the distribution of power between states increase the chance of conflict in the international system (Gilpin 1918).” The power shift from dominance by the ...

Introduction

Harriet Martineau was born in 1802 and is considered one of the first Western sociologist. She taught herself political economic theory and became an expert in the field. She wrote about the relations between morals, economics, politics, and social life. She was also one of the first women in journalism. Several of her ideas about society and the political economy was presented with stories. Over her lifetime, Martineau was known for her strong anti-slavery and feminist standpoints. She believed that in order to understand the status of women, one must do a thorough analysis of society. She also was ...

Political culture is a component of the general culture, a cumulative indicator of political experience, a level of political knowledge and feelings, examples of behavior and functioning of political subjects, the integrated characteristic of a political way of life of the country, a class, the nation, social group of individuals. A feature of political culture is that it makes not policy or political process, but their understanding, an explanation. In the political sphere often the importance is gained not only by real actions and measures of the state but also, by the way they are estimated and perceived in ...

Slavery, which the South frequently referred to as its “peculiar institution,” had an enormous impact on American history. Even after 1863 and the abolition of slavery through the Emancipation Proclamation, as well as the 1865 passage of the 13th amendment to the Constitution, slavery continued to have lasting effects on the American people for decades to come. The beginnings of African slavery go all the way back to the first British settlements in North America. However, it was the division of former British colonies into slave states in the South and free states in the North that laid the ...

“Capitalism as a System of Expectations: Toward a Sociological Microfoundation of Political Economy” by Jens Beckert

What the Article is About This article is about how capitalism thrives by managing expectations. Beckert develops an approach he calls sociological fictionalism. According to sociological fictionalism it is the future that shapes the present. Images of the future shape present decisions. It focuses its attention on the role of imaginaries of future states of the world as an important element in explaining present action. The relationship between society and markets is that of managing expectations.

Methods

This article relies on the theoretical method. It uses literature research. It is a theory building paper that relies on literature from several ...

Economics

2016-03-30

Introduction

This paper is devoted to the economic system of Canada and necessary preconditions for its further development. As we know, investments always play an important role in order to develop the country’s economy. There are two main types of investments: portfolio and foreign direct investments. The first type is considered as investing in a set of different securities in order to get profit. The totality of the securities makes portfolio. This portfolio allows getting such characteristics, when different securities are combined, which cannot be obtained when investing in separate financial instruments. Assets of portfolio usually include bonds ...

Akpabio, E., and Akpan, N., 2010. Governance and oil politics in Nigeria’s Niger Delta: The question of distributive equity. Journal of Human Ecology, 30(2), pp.111-121. Frynas, J., 2000. Oil in Nigeria: Conflict and litigation between oil companies and village communities. Germany: Lit Verlag Munster. Omeje, K., 2005. Oil conflict in Nigeria: Contending issues and perspectives of the local Niger Delta people. New Political Economy, 10(3), pp.321-334.

The Nigerian political economy is seriously damaged by the rift between international oil companies with large-scale operations in the Niger ...

Annotated Bibliography

Anderson, M. & Ramos-Reid, R. (2011) Core competence-definition and dynamics in the not-for-profit sector. School of Management Blekinge Institute of Technology Sweden.

The study is among the few that treats the subject of core-competences (core capabilities) within the nonprofit sector, explaining how it applies to the not-for-profit operations. The core competences concept is related to the added value notion, and the authors of this study aim to identify how nonprofit organizations can generate added value by optimizing their internal resources. Developing a multi-case study analysis, the book identifies that nonprofit operations follow the same patterns as for profit organizations for ...

Agricultural Biotechnology

The field of agricultural biotechnology is mainly a collection of scientific techniques that are used to improve plants, animals and microorganisms. Agricultural biotechnology has many environmental and social impacts. Scientists constantly work on developing solutions to increase agricultural productivity based on the understanding of DNA. As expected, the issues associated with agricultural biotechnology are complex and varied. The complexities of this field arise from the creation and management of science, the intellectual property rights, public and private research interactions, safety concerns, marketing of products and the economic factors influencing industries participating in agricultural biotechnology (Carpenter J, 2001). Different countries ...

Mass media communication, in general, has played an important part in our society since time immemorial. Communication in life, being critical and important part in our daily lives, has enabled mass media to be appreciated by many in the contemporary world. Mass media as a term is composed of many attributes that are used to reach a wider base of audience that include but not limited to sound recordings, television, internet, print, movies, and radio among others. Media in general therefore has responsibility to educate, inform, and entertain its public on various issues happening in our daily lives. To do this, ...

Alesina, Alberto. Political Cycles and the Macroeconomy. Cambridge, Mass. [u.a.: MIT Press, 1997. Print.

This book was written by one of the most experienced persons on the field of political influence on businesses. Alesina Alberto is a renowned Italian political economist who has authored several books and articles on the relationship between business and politics. He is a professor of Political Economy at Harvard University and as such speaks authoritatively on the subject. The book addresses the relationship between economic/business cycles and the political cycles. It examines how the timing of elections, electoral laws, the nature of competition between political parties and its influence on employment, the ideological orientation of governments, inflation, monetary policies, inflation ...

Globalization refers to the international integration process that arises from interchange of products, world views as well as ideas (Boudreaux, 2008). This element has been extremely significant in the definition of various issues that have arisen. It has been extremely significant in the development of various national policies that have been useful in definition of business among people in the world. One of the main policies that have been developed is Free Trade. This is a policy through which a government allows imports and exports for all countries without tariffs, subsidies as well as quotas. Free trade policy being extremely fundamental ...

Introduction

Japan is widely known worldwide as one of the most progressive nations in the East Asian region. Its inclination towards industrialization has enabled it to produce some of the most advanced technological innovations that have found great usage in contemporary times, as it triggered economic growth that has propelled it towards international prominence. The aforementioned trend Japan has started has heavy implications on its political economic development, which is the subject matter of this study. Verily, this study would explore on the way Japan has evolved in terms of its political economy. How did Japan reach its present ...

The Maastricht Treaty launched the European Monetary Union in the year 1992. The union comprised of two parts, which included the creation of euro the common currency and creation of the European Central Bank, which coordinates all monetary policies in the Eurozone. The treaty also created the rules for countries willing to join the union. The other element of the treaty was the national central banks of the 16 member countries. European Monetary Union creation has led to price stability and proper management of public finances (McKay Volz & Wolfinger 2011).The final phase of the single currency introduction ...

Growth in output per capita and in population growth

According to the report published by the World Bank in 2012, the Gross Domestic Product (GDP) per capita growth in Saudi Arabia was estimated to 4.36 percent. However, in the third quarter of 2012, the GDP in this country expanded to 5.87 percent. This growth rate is according to the report released by the Saudi Arabia Monetary Agency. The growth is associated by the country’s 20 percent possession of world’s proven reserves of petroleum. On the other hand, the average yearly percentage change in the Saudi Arabia population as a result of surplus/deficit in the economy is estimated ...

I am currently a student of economics at the York University in the United Kingdom. I am set to graduate with second class honors in 2013. After my graduation I would like to undertake a management course. My first choice for the management course is the London School of Economics (LSE). The institution is distinguished various social science studies such as political science and economics. I believe that LSE would equip me with in depth knowledge, industry perspective and analytical ability. This knowledge would be vital to me in my future career aspirations as an organizational manager both in the UK ...

An ideology refers to how a particular individual or a group of individuals thinks concerning a certain issue. There are several ideologies as exhibited by various thinkers. Ideologies give the basis of economic and political policies. The major ideologies are ethical, legal, race, religious, political etc. In the political scene, there are the ideologies, which are classified, as democratic, theocratic, aristocratic and monarchical (Farmer, 2005). In this essay, we are going to compare and contrast the conservative and the liberal ideologies on their stand on the role of the government on the market place. We will also look at the competing position ...

The National Atlantic Treaty Organization (NATO) was created when a treaty was signed in 1949 by all the Allies except for the Soviet Union after World War II. That means that approximately 65 years after WWII ended and thirteen years after the end of the Cold War NATO is still active. The NATO website states that there were three main reasons for creating NATO. One reason was to build an organization of countries that could rely on each other to work together against any threat from the Soviet Union. The second reason mentioned was to get a North American presence in ...

The overall goal of a democratic government is to ensure that the greatest number of people within said democracy are represented - that their desires and needs are met to their satisfaction. As such, the idea of a 'majority rule' is thought to be the defining component of the concept of a democracy1. According to Follesdal, "The contractualist case for majoritarian mechanisms in general is that such mechanisms secure the relevant interests of affected parties from standard harms to an acceptable extent"2. However, does the concept of 'majority rule' really function to serve the best interests in a democratic ...

Introduction

In order to sufficiently define post-modernity, we need to look at the meaning of modernity since it is the predecessor to post-modernity. Modernism simply refers to a capability of moving forward and making some progress towards a given goal. Most of the theories that led to modernity rested on personal goals whereby each person wanted to maximize his/her interests and minimize the rate of dissatisfaction that they could be exposed to. Modernity can also be used to refer to the post industrial era which had several developments taking place. In order for a person to be fulfilled in modernity, he/she has to ...

How Can Workers Achieve a Balance between their Work and Social Life?

Structuration Theory In the workplace, workers try to strike a balance between work and life. In the family context, life casts many demands upon the workers that force them to work harder and meet the demands. The credibility approach enables workers to weigh the importance between work and their social life. Workers weigh what is more important between socializing and generating revenue to meet the demands they have. Those who have pressing demands work for longer where as those who value their social time work for shorter periods. The second approach is the rationalization approach. Workers prefer to ...