The Debt Of The Third World Countries - 942 Words

Is it possible for the first world countries to forgive the debt of the third world countries? It is possible if the first world countries can afford to lose money and resources to help other countries. If the first world countries do not cancel the debt then the third world countries debt and loans is going to increase. It going to cause the value of the money currencies to drop and the cost of the debt is going to rise. The debt is also causing the third world countries to delay from increasing their own economic and other benefits. In other word it is preventing the third world countries from developing into a rich and resourceful country just like the first world countries. This causes the third world countries to borrow money from the first world countries in order to resolve the debt and need to borrow money to privatize the communal resource. The debt of the third world countries need to be forgiven because of the increase in debt, economic and borrowing money. The third world countries debt is only going to increase if the first world countries do not cancel the debt. The main reason that the debt is going to increase is that the third world countries had made loans with the first world countries and the loans continue to increase. According to Vanessa Baird, â€Å"Most loans to the third world have to be repaid in hard currencies; and hard currencies are stable currencies: that means their value does not change much.† (1) This makes it difficult for developingShow MoreRelatedThe Third World Debt Crisis1740 Words   |  7 Pagesnow there are many third world countries that are in debt and the one that I am going to be focusing on mostly is Africa. The third world debt crisis has to do with some of the poorest countries around the world that are in deep debts because they are not able to pay back loans that they were given to a while back. It is very hard for them to come up with the money and as time goes on little by little the amount keeps on increasing. This debt started back when first world countries had very large amountsRead MoreHow Should International Debt be Rectified in Ghana? Essay1244 Words   |  5 PagesInternational Debt be Rectified in Ghana? International debt is a modern geographical issue which has sparked much controversy in the past and continues to affect our global community to this day. Through this essay I aim to analyse contrasting viewpoints and conclude with my own perspective of the current situation, having digested the main arguments. The debt crisis originated in the 1970s due to considerable increases in oil prices. Developing countries were forcedRead MoreCauses for 1980s Debt Crisis Essay905 Words   |  4 Pagesbackground and causes of debt crisis in late 1970s and 1980s. The debt crisis was know as financial crisis and defined as a point of a countrys foreign debt accumulation exceed its earning power and the country has no ability to repay the debt. The readily identification of debt crisis was Mexico’s inability to serve its outstanding debt of $80 billion debt. And the situation continue to worsen, and one year later, by October 1983, 27 countries owing $239 billion had reschedule debts or in the processRead MoreThe Dangerous Outcome Of The Unethical Selling Strategy1020 Words   |  5 Pagesmoney let the Third World Countries stuck in poverty. At the end of last century, the Third World countries owed more than 1.3 trillion dollars to the first world countries. Of the total developing-country debt, most of debts are borrowed from the private banks, such as Citibank and Chase. Agents of private banks travel around the world to convince the Third World leaders and politicians to borrow from them, and the bank convinced those politicians in unethical ways. â€Å"Third World debt grew rapidlyRead More Assess some of the ways in which Third World Debt might be reduced.1100 Words   |  5 PagesAssess some of the ways in which Third World Debt might be reduced. Despite the overwhelming number of statistics and indicators, global poverty is as hard to measure as it is to conceptualize. One fact is undeniable: someone is going to have to pay for past debts. It could be the people in debtor countries, or the banks, or the people in advanced industrial countries. Most likely it will be some combination of these three groups. In the last ten years, there have been a variety of proposalsRead MoreAmerica s Stand Point On The Ordeal1565 Words   |  7 Pagesonce said, â€Å"We are a country that prides itself on power and wealth, yet there are millions of children who go hungry every day† (Johnson, p.38). When people think of world issues, many do not consider America’s stand point on the ordeal. They are unable to fully comprehend the growing lack of jobs, poverty, hunger, poor health care, and meager education that takes place across the nation. American charity foundations are often eager to jump to the rescue of other countries, but what about the detrimentalRead More Third World Country Essay893 Words   |  4 Pages A Third World Country is a term used for developing countries, and least developed countries. These countries are economically underdeveloped. Characteristics of a third world country are poverty, agriculture economy, disease, high birth and infant mortality rates, over-population, poor infrastructure, unstable gov ernments, poor health care, environmental problems, non educated people, starvation, and death. Those characteristics are the first thing that comes to someone’s mind about a third worldRead MoreStructural Adjustment Policies Require Borrowing Countries1513 Words   |  7 PagesAnswer1: Structural adjustment policies require borrowing countries to implement certain policies in order to obtain loans from World Bank and IMF. These policies include both internal as well as external changes. Typical stabilization policies comprise of balance of payment deficit, deregulation and budget deficit reduction. Typical adjustment policies include reduction of trade barriers, privatization, cut in social spending, increased free trade. Situation in Greece is totally opposite to thatRead MoreEssay about Global Poverty1599 Words   |  7 PagesIn today’s world, poverty is an element of every nation’s economy. Whether on a large or small scale, some strand of poverty is visib le in every community worldwide. Somewhere in the world, a young man is homeless, a single woman cannot adequately supply for her children, a sick, elderly woman cannot afford her medication, a young lady has to settle for drinking water from the puddles of the street, and people are on the verge of total financial collapse. No matter the reason or cause, some humanRead MoreGlobalization And Western Based Ideology : Development At The Expense Of The Underdeveloped1195 Words   |  5 Pagesperpetuated dependency and uneven production in the Third World. Through various means, wealthier nations actively perpetuate a state of dependence. The World division of labor, framework by Immanuel Wallerstein laying down a skill/technological hierarchy that was intended to reduce labor through specialization, served as a pillar. As a result, First World countries concentrate on capital-intensive or intellectual production and Third World countries are associated with lower-skilled labor intensive

Establishing Coffee Shop Cum Library

Question: Discuss about the Establishing Coffee Shop Cum Library. Answer: Introduction: Food items were restricted in any library establishment in the past but in the recent decade, this idea of convergence of two models is being considered by several organizations. Traditionally, the library environment was demanded to be sacrosanct but today, the needs of book readers have changed and they now look for a more relaxed atmosphere in a library. Theorist Peter Drucker suggests that companies should not get themselves attached to status quo but should have flexibility to change and innovate as per change consumer preferences. In big public libraries, it has been observed that food joints were available in close proximity attracting readers to food joints. However, in the cases of small libraries, the lack of availability of such food joints was a cause of concern which lead to reduction in the footfalls in libraries. If the visitors had to leave the library in between for food, there were high chances that they would not come back. Today's consumers want to have food anywhere they want including times when they are having food which is why lots of Cafe's see visitors coming to not only have drinks and snacks but also use the place for doing work or reading. For the consumers who want convenience and comfort most times, consumerism is the key and thus, library does not appear like having a conducive environment for them. Thus, certain libraries have come up with models to engage library users into other activities through establishment of Cafe and other features in the premises(Pierce, 2014). For establishing such a business model with combination of cafe and library, certain standards may be maintained to ensure great impact. A natural barrier may be created between the library and cafe to control food from getting in book shelves. A cafe may be constructed in such a way that it appears like an extension of the library. A communal place appealing readers may be developed in the library. Moreover, the library has to establish a positive relationship with vendor through profit sharing, provision of services t cafe and coordination required for managing events(Diers Simpson, 2014). Research questions Several research questions may be answered in this research: What are the reasons behind certain libraries coming up with cafe's as their part in other parts of the world? Do consumers all over the world are positive about having a cafe in the library? Would Indian readers be willing to try the new model of library cum cafe? Does this model work in Indian cities or if they are facing challenges in operations? How can such a cafe be established in India? Can a feasible and profitable model of business can be set in Indian market with consolidation of library with food serving? References Diers, B. Simpson, S., 2014. PROPOSAL for IMPLEMENTING a Library cafe , s.l.: UNI Reed Public Library. Pierce, W., 2014. Library Cafes: Next Logical Step. Library and Information Science Research, 7(1), pp. 1-3.

The Adventures Of Huckleberry Finn - Intolerance Essays

The Adventures of Huckleberry Finn - Intolerance The entire plot of The Adventures of Huckleberry Finn is rooted on intolerance between different social groups. Without prejudice and intolerance The Adventures of Huckleberry Finn would not have any of the antagonism or intercourse that makes the recital interesting. The prejudice and intolerance found in the book are the characteristics that make The Adventures of Huckleberry Finn great. The author of The Adventures of Huckleberry Finn is Samuel Langhorn Clemens, who is more commonly known by his pen name, Mark Twain. He was born in 1835 with the passing of Haleys comet, and died in 1910 with the passing of Haleys comet. Clemens often used prejudice as a building block for the plots of his stories. Clemens even said, The very ink in which history is written is merely fluid prejudice. There are many other instances in which Clemens uses prejudice as a foundation for the entertainment of his writings such as this quote he said about foreigners in The Innocents Abroad: They spell it Vinci and pronounce it Vinchy; foreigners always spell better than they pronounce. Even in the opening paragraph of The Adventures of Huckleberry Finn Clemens states, Persons attempting to find a motive in this narrative will be prosecuted; persons attempting to find a moral in it will be banished; persons attempting to find a plot in it will be shot. There were many groups that Clemens contrasted in The Adventures of Huckleberry Finn. The interaction of these different social groups is what makes up the main plot of the novel. For the objective of discussion they have been broken down into five main sets of antithetic parties: people with high levels of melanin and people with low levels of melanin, rednecks and scholarly, children and adults, men and women, and finally, the Sheperdsons and the Grangerfords. Whites and African Americans are the main two groups contrasted in the novel. Throughout the novel Clemens portrays Caucasians as a more educated group that is higher in society compared to the African Americans portrayed in the novel. The cardinal way that Clemens portrays African Americans as obsequious is through the colloquy that he assigns them. Their dialogue is composed of nothing but broken English. One example in the novel is this excerpt from the conversation between Jim the fugitive slave, and Huckleberry about why Jim ran away, where Jim declares, Well you see, it uz dis way. Ole missus-dats Miss Watson-she pecks on me all de time, en treats me pooty rough, but she awluz said she woudn sell me down to Orleans. Although this is the phonetic spelling of how some African Americans from the boondocks used to talk, Clemens only applied the argot to Blacks and not to Whites throughout the novel. There is not one sentence in the treatise spoken by an African American that is not comprised of broken English. The but in spite of that, the broken English does add an entraining piece of culture to the milieu. The second way Clemens differentiates people in the novel of different skin color is that all Blacks in the book are portrayed as stupid and uneducated. The most blatant example is where the African American character Jim is kept prisoner for weeks while he is a dupe in a childish game that Tom Sawyer and Huck Finn play with him. Clemens spends the last three chapters in the novel to tell the tale of how Tom Sawyer maliciously lets Jim, who known only unto Tom is really a free man, be kept prisoner in a shack while Tom torments Jim with musings about freedom and infests his living space with rats, snakes, and spiders. At the end of this charade Tom even admits, Why, I wanted the adventure of it The next two groups Clemens contrasts are the rednecks and the scholarly. In the novel Clemens uses interaction between backwoods and more highly educated people as a vital part of the plot. The main usage of this mixing of two social groups is seen in the development of the two very entertaining characters simply called the duke and the king. These two characters are rednecks who pretend to be of a more scholarly

earnest hemingways heroes essays

earnest hemingway's heroes essays Many times, stories by Ernest Hemingway have much religious influence and symbolism. In The Old Man and the Sea, by Ernest Hemingway, numerous occurrences in the life of Santiago the fisherman are similar to the incidents recorded in the life of Jesus of Nazareth. The names of the characters translated from Spanish to English are just one of those many similarities.The characters in The Old Man and the Sea are in actuality, major figures in the New Testament. Santiago is an old man, yet he had young eyes. No matter how defeated he was, he would never show it and he would look on the brighter side of things. In my mind, these traits makeSantiago a god-like figure. Manolin, which translates into Messiah, is Jesus (Stoltzfus qtd in CLC 13:280). Santiago is the "father" who teaches his symbolic son and disciple, Manolin. After catching the largest marlin,Manolin will leavehis parents in order to follow the teachings of Santiago, his master, just as Jesus did (Stoltzfus qtd in CLC 13:280). Pedrico is actually Saint Peter, Jesus' closest apostle and a great fisherman (Wilson 50). Peter helped Jesus fish for souls as Pedrico helped Manolin fish for food. Santiago gives Pedrico the head of the mutilated marlin which symbolizes Saint Peter as head of the Christian church and the first Pope (Stoltzfus CLC 280).In the story, there are many references to the crucifixion of Jesus. Santiago's badly injured hands evoke the hands of the crucified Jesus and three other situations reinforce this theory (Brenner, The Old Man and the Sea, Story of a Common Man 37).First, Santiago's marlin is approached by a pair of shovel nosed sharks. "Ay', he said out loud." (Hemingway, The Old Man and the Sea 107) There is no meanin g of "Ay", but perhaps it is the sound a man makes as his hands are nailed to wood (Brenner, The Old Man and the Sea, Story of a Common Man 38). Next, once back on shore, Santiago climbs the hill to his shack ,with the mast...

Stimulus Bill Article Example | Topics and Well Written Essays - 500 words

Stimulus Bill - Article Example it allowed the people to invest in the overall development of the society like in infrastructure, medical treatment issues, education and other basic needs of the people were addressed by this act. Further it took part in recycling of the energy too. The Act is based on a theory of economics which is called Keynesian Macroeconomic Theory. This theory suggests that when a recession strikes, the government should be modest and generous enough to put less money into the projects which are of private nature and likely to benefit the government and the state only, and start investing more on the things which will directly give relief and benefit to the general public. According to this theory, recession is not the time to secure your business or government, but to keep the public surviving and doing all which will keep them alive, happy and motivated to work or to get back to work. Although the Act seems to be a perfect package for the social welfare of the people, it was also criticized by some in terms of its very limited scope. They say that it covers less than one third of the spending. As it happens with every new thing presented, The view and recommendations of the economists about the act should also be discussed in order to get a better idea about the weaknesses and strengths. Some economista like Paul Krugman, Joseph Stiglitz, Larry Summers and Martin Feldstein have reservations about this act that it has a very small vision or it is an act with limited scope which does not benefit the sufficient number of people. They suggest that it should have been designed to encompass the larger wider population. Feldstein is generally in favour of such a package but questions the directness of this act on the investment on consumer spending. He says that this act should have been more direct on addressing the unemployment and the consumer spending. According to him some revision is needed in this act to make it more effective and beneficial. Krugman also says that it

Group Discussion Pocess Essay Example | Topics and Well Written Essays - 250 words

Group Discussion Pocess - Essay Example This is basically because I got an opportunity to not only read about different views from various students but also to retain more as well as learn much better. This was a unique group as compared to the others that I have attended before. For instance we would sometimes discuss ideas on online forum and at other times we would just leave our messages and wait for the other members’ response. I could also leave messages and later on find responses from the rest of the members. Sharing as well as free discussing of information was also a common feature of this group. This experience is definitely relevant to group work in organizations since we learnt and shared a lot as a group about team work .Thus, each member in a group was tasked with a certain responsibility to perform and given a timeline. This is something very important since it teaches an individual the importance of discipline as well as responsibility; two great values in group work in any organization. It does not really matter to the group that it is an online class, since we were able to not only accomplish our set goals but also communicated and coordinated well; just like in the conventional groups. It’s all about knowing your role in the group and what you are supposed to do and at what time. Group work in an online class can be improved by setting clear goals to be met by individuals in the group, setting adequate time especially when all group members are available and making sure there are no disruptions to internet access. Finally, the discussion atmosphere ought to be responsible as well as supportive of all group members. It was really a great learning opportunity, very applicable in my

Feminist Philosophy Essay Example for Free

Feminist Philosophy Essay Mary Wollstonecraft was no doubt a great feminist and deserved to be called grandmother of the feminist thought. Her early experiences of an unsuccessful family life as well as the prevailing notion of the philosophers at that time about women shaped her views to become authentic feminist grand mother. Wollstonecraft’s feminist ideas affected the first wave of feminism through her arguments against the prevailing views on women most notably that of Rousseau’s which categorized women as subservient to men. Rousseau held that women’s education should be designed entirely to make them pleasing to men. Rousseau reflected â€Å"to please, to be useful to us, to make us love and esteem them, to educate us when young and take care of us when grown up, to advise, to console us, to render our lives easy and agreeable—these are duties of women at all times†¦Ã¢â‚¬ (Feminist Philosophy). Against this view, Wollstonecraft work hard to emphasize that the role of women in the society were not simply an ornaments and playthings of men as they are also capable of attaining masculine virtues of wisdom and rationality â€Å"if society would allow those value to be cultivated† (p.475-476). Wollstonecraft pointed out that the prevailing views on women had bad implications not only on women but on society as well as they will only breed bitterness, jealousy, and folly. She affected the first wave of feminist by encouraging them â€Å"to restore women to their lost dignity by encouraging better ideas of woman hood† (p. 476). How did Simone de Beauvoirs writing shape the second wave? The second wave of feminism was a resurgence of early feminism as a result of various works of feminists during the 1940s such as her works. De Beauvoir writings shaped the second wave of feminism by shedding light about what is a woman in the concept of being other, and how men views women during this period. In her writings de Beauvoir shed social understanding on womanhood. She pointed out that the fundamental social meaning of woman is Other. She explained, â€Å"No group ever sets itself up as the One without at once setting up the Other over against itself† (p. 479). The thought that de Beauvoir was pointing out was that men do not view women as human being like them but as Others who are to be treated as stranger that do not deserve equal treatment. The implication of men’s treatment of women as Others according to de Beauvoir was that because women are others, they do not need to be given â€Å"equal weight to their preferences† simply because they are others (p. 480). Debeauvoir’s writings shaped the second wave of feminism through her unique way of providing social understanding about how women were regarded by men during this period. How did the events of the first and second wave affect each other? Apparently, the event of the first and the second wave of feminism affect each other in a way that they connect the second wave to the first. The second wave feminist was inspired by the events during the first wave to tag along their path of pushing for the recognition of women’s rights. Apparently, the events of the first wave feminist shaped the understanding of the second wave feminism about women’s rights, against the existing social and philosophical views on women. Thus, the events of the first wave serves as mirror for the second wave, and as inspiration for them to continue women’s struggle for the restoration of their lost dignity as women equal with men in many aspect, especially on human rights. Reference More-Bruder: Philosophy: The Power of Ideas (2008) Feminist Philosophy The McGraw-Hill Companies