Essays on Redistribution

Institutions

The Fallacy of Microfinance Microfinance has been billed by many as a solution to the persistent problem of poverty. This is as result of the fact that it has been hailed to create and expand micro-enterprises and in the process improving the socio-economic situations of those that own the micro-enterprises, who generally tend to be women. However, according to Banerjee, Duflo, Glennerster, & Kinnan (2014), microfinance does not necessarily lead to people rising out of poverty. The argument held by Banerjee, Duflo, Glennerster, & Kinnan (2014) gives credence to the apprehensions some have had about the romanticized stories on microfinance. I ...

Abstract

Despite the improvement of the living standards and the establishment of health care systems in the twentieth century, many investigations have highlighted continuous inequalities in industrialized regions. In most cases, some people from certain geographical regions are discriminated against while accessing health care services. The discrimination also takes the social class route, where people from high social classes can access better health care services than people from low classes do. Therefore, it is necessary to come up with health care systems that can help to bridge this gap. The creation of Southern Region Health System has shown concern to ...

Assignment 5 Answers

2. a) Fire extinguishers might exhibit positive externalities because they are often used as public goods that serve all people including those who have not paid for them. Thus, the benefits of purchasing fire extinguishers are enjoyed by other individuals who were not involved in the transaction. b) A graph of the market for fire extinguisher

S= private marginal benefit/ social cost curve SCC= Social Cost Curve SVC=Social value curve The equilibrium output level is indicated by Q1. However, the social demand is higher than the social cost since fire extinguishers exhibit positive externalities. Thus, Q2 is the market's ...

Describe what led to the First World War.

As we know, mankind entered the 20th century on a wave of the unprecedented acceleration of socio-economic and, in particular, military and technological progress with accumulated over the previous century, acute and intractable geopolitical contradictions between the leading world powers. All of this led to revolutionary upheavals, and to the First World War, fundamentally changed the dynamics and nature of conflicts resolving between the great countries. The struggle for the redistribution and leadership in the world had never covered several continents at the same time, did not affect the interests of the majority of countries in the world, World ...

Question 1

The tax rate, in any taxation system, refers to the ratio according to which a person or business is taxed. There are several methods in which the tax rate can be presented, and one of these is the marginal tax rate, which can be described as the tax rate that demands that an individual should pay a specified amount for every additional dollar of income (Miller and Selden, 2013). It is, therefore, the tax percentage that is accorded to the last dollar that an individual earns. In 2013, the United States of America recorded a marginal federal income tax ...

In any given organization, it is of great importance to implement a good network for efficient utilization of resources. A good proposal of the company network will reduce the cost, increase the output of the network and will also be of great importance in the determination of the required resources and projection of the achievable output. A network that is well configured and designed will achieve all these. Based on given corporate network design architecture, a proposal on the resolution and the implementation of the various aspects of the network is discussed in this paper. The various deliverables of ...

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 ...

(Comparative Analysis on Canadian Market and US Market)

Introduction 2

Analysis 2 Communism and Capitalism Approaches 2 Corporate Governance 3 The Trade Union and Political Alignment 4 Collective Bargaining Approach 5 The Gini Coefficient Impact 5 Job Exportation Effect 6 Union Contribution Effect 6 Transparency in Union Operations 8 Conclusion 8 Recommendation 9

References 10

Introduction Are unions still relevant today in Canadian labor market? This is one of the fundamental questions at the heart of the Canadian workforce. Apparently, it has been highly speculated that the Canadian workforce, especially among the young workers, does not see the need for strong trade unions. ...

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 ...

Fighting global poverty is one of the most important problems to be solved for mankind in our time. This issue is of great importance not only for developing countries, where the number of poor people is huge. The poverty of people around the world is also a challenge for developed countries, since, in spite of the inner well-being, these countries are also influenced by the negative consequences of ill-being in other countries. Everything in our world is interconnected, so, for the sake of human welfare as a whole and an individual, in particular, it is needed as soon as ...

More than 95% of the imports of U.S arrive by ship. According to the information provided by the U.S department of transportation, global foreign trade has increased by 35%. To accommodate the increased volume of goods, shipbuilders are making larger ship. To accommodate such large ship, Panama City decided to expand the Panama Canal port. The Panama Canal connects the Caribbean Sea to the Pacific Ocean. This canal is the main source of income for the Republic of Panama. The port faces competition from U.S ports and Suez Canal Port. The ports along the eastern cost of U.S are ...

Introduction: Overview & Thesis

According to a PBS report in 2011, commenting on Middle East rooted terrorist group attacks, “While these extremely violent religious extremists represent a minority view, their threat is real” (Moore, “Evolution of Islamic Terrorism”). Today, of course, the most commonly popularized terrorist group gaining worldwide headlines in the news are the jihadists known as ISIS. Ever since ISIS has gained center stage internationally, there is hardly a human being who is not aware of the group’s presence on Earth. Currently it has been written that the contemporary world in the Middle East has been socio-politically changed, and the ...

The majority of scientists are in agreement that global warming is occurring and is caused by human activities over the last two hundred years or so. Global warming is caused by the build up in the atmosphere of gases such as methane, carbon dioxide, nitrous oxide and others which have been created by the burning of fossil fuels in order to produce electricity, and for use in industries and motor vehicles. Another contribution to global is the removal of vast areas of natural forest from the planet. . The majority of carbon dioxide exchange between the atmosphere and the earth ...

Introduction

Sustained huger and food insecurity are harmful to all individuals, but hunger is primarily disruptive to children. Good nutrition is of the utmost importance to a child’s growth and wellbeing. Not having enough of the right kinds of food can have serious consequences for a child’s physical and mental health, educational accomplishments and future economic success. One in five kids is facing difficulties in achieving his or her full potential. Hunger among children in America is due to prevailing states of poverty, rather than the availability of food itself (DoSomething.org). Income inequality and the continued marginalization of ...

Introduction

This paper is to deal with one of main issue of post-WW2 world, namely the phenomenon of civil war. The analysis of this paper is devoted to such questions as the reasons for certain civil wars as well as concrete instances of such internal conflicts. Also, the paper is to discuss the major theoretical contributions and controversies related to the civil war research program: firstly, civil wars are defined conceptually, and then, operationally. Second, major theories relating to the issue of causes of civil wars and their results will be discussed, along with future directions and policy implications. The ...

Routing Information Protocol version 2 (RIP v2) is a routing algorithm that is based on the Bellman-Ford algorithm. As a routing algorithm, it is used to determine the best path between two nodes on a network using distance-vector for path estimation. It makes use of hop count, which is the number of intermediate routers and gateways between a source node and a destination node, to estimate the best path with the maximum hop count put at 15 (Kalamani et al., 2014). This ensures that there are no routing loops in the network. The Bellman-Ford algorithm is based on dynamic ...

Income Inequality

Abstract The purpose of this research paper is to establish income inequality as a serious socio-economic issue. The views of various social and economic writers have been explored to prove that the unfairly effects the low income class. A critical examination is made regarding inequality of opportunities available to low income class, as compared to the higher ones. Several studies conducted by prestigious institutions are cited to back the claim that income inequality hinders economic growth by increasing poverty and unemployment. Other aspects, such as the effects on the affordability of education and healthcare, are uncovered. An evaluation of ...

It was one hundred years before the arrival of Columbus when the Great Temple of Mound was started in the southern part of U.S. It is believed that the people that settled at Chucalissa were people from Mississippi. The settlement is believed to have been established in 900 A.D. Following that suspicion, the region of the Mississippi has been under the archeological excavation for a very long time. The Native Americans are believed to have arrived along the Mississippi River in the 10,000-12000 years ago. The first group to arrive in Chucalissa hunted ice age animals for food. ...

Impact of Low Expenditure on Welfare Programs

Abstract The level of expenditure in a particular economy directly affects the provision of welfare programs in that particular country. This paper particularly investigates the impact of a low expenditure on welfare programs in the United States of America. The paper explains in detail both the negative and positive implications of low expenditure in the United States. Specifically, the paper looks into how low expenditure reduces the morale to work and the negative implication of this on income levels. Moreover, the paper shows how low expenditure makes the redistribution role of the government to collapse thereby leading to income ...

Since the dawn of industrialization, reducing the poverty levels has been a common challenge across nations. Poverty is the unrelenting duty of trying to survive. It is the regular hustle to make ends meet. Some of the few things that can define poverty involves lack of the basic needs such as food, clothing, shelter, security and education, which are vital to human life Poverty, is a worldwide concern, which has affected not only developing countries but also industrialized ones. For instance, the United States being one of the prosperous countries in the world has one of the uppermost levels ...

Over the years the PRC existence, the country's banking system passed a difficult and contradictory path of development, reflecting the peculiarities of the economic policy pursued by the state at a particular stage. In the late 70-ies of the last century in China economic and social reform was launched in order to create a model of “socialism with Chinese specifics” which would combine the primacy of market principles and effective macro control of the administering state agencies. In the process of creation of this model, an important role is given to China's banking system, as it is an institution, ...

Introduction

The employment of various members of staff is a crucial role in Sports Centre Organizations. Essentially, every sports organization has to create a match between the employees, workforce and career paths, to ensure effective utilization of workforce potential as well as cost effective recruitment process. The Human Resource Management provides a clear forecast of the future needs of the sports organization to ensure it has the required human resources to implement its objectives (Chernushenko, 2001). HRM is managed and regulated by the human resource manager, and aims to maximize the productivity of any organization by optimizing the effectiveness of ...

 To date, in the fourteen Latin American countries, those in power are leftist politics (the issue what kind of leftism and the degree of radicalism it is about) will be discussed later. Regardless of all the uniqueness of the moment and the apparent dissimilarity of modern Latin American lefts with their predecessors, there is a clear tendency, which is characteristic for the Latin American model of development as a whole – a tradition of powerful leftist movements, the struggle for social transformation. Facing deep structural crisis, the continent came into a long strip of the struggle against the dictatorship, local ...

In Roszak’s text, he seeks to discover exactly why religious mysticism has disappeared from modern society. According to him, the “energies of transcendence” have vanished from our culture, which has incredible effects on how we live our lives. He states that religions sensibilities have been excised in order to make room for urban industrial development and the advancement of technology. The increasing secularization of our culture has stemmed from an idealism stating that we can do things on our own, and that we do not need pie-in-the-sky figures to help us along the way. There is no feeling ...

Where the Wasteland Ends by Roszak

Roszak’s book is about the political life and its many religious dimensions. He argues that one cannot possibly and adequately talk of politics without referring to religion. What Roszak is referring to here is not the commonly known religion, but rather what he refers to as the Old Gnosis, or what he calls mysticism. The author aimed to discover how this type of religion was eliminated from many cultures, and how this elimination affected the lives of the society and the politics within that society. Roszak is of the opinion that the repression of many religious dimensions has ...

Many scholars consider modern democratic government "inevitably' as party government. The attitude that democracy is inevitable is somewhat idealistic according to Philip Slater and Warren G. Bennie of the Harvard Business Review [ CITATION Sla90 \l 1033 ]. In an article posted on HBR’s website entitled, “Democracy is Inevitable,” they write that democracy, ”reflects a state of mind (sic) that is by no means peculiar to business people but characterizes all Americans, if not perhaps all citizens of democracies [ CITATION Sla90 \l 1033 ]. The article further states that democracy has been almost universally embraced because of the idealistic notion that everyone ...