Saturday, January 25, 2020

Strengths and Weaknesses of the Treaty of Versailles

Strengths and Weaknesses of the Treaty of Versailles On the 28th June 1919, Germany resentfully signed the most famous treaty ever, Versailles. Although years of readjusting the treaty followed, this essay will focus mainly on the strengths and weaknesses of the 440 articles in 1919. The Treaty followed a massive war, with huge human sacrifice. It was supposed to be the Treaty to end all wars and give security to the countries involved. The overwhelming task that laid ahead for Woodrow Wilson (America), Lloyd George (Great Britain), Clemenceau (France) and Orlando (Italy) was on a bigger scale than any previous delegates had had to deal with. One of the biggest interpreted weaknesses was the economics and reparations. Firstly, it highlighted the weaknesses of the delegates forming the Treaty, as they had to listen to public demand which had been exaggerated due to the scale and length of the war. An example was Lloyd George who was pressured from conservatives for harsh reparations, Geddes, a conservative politician hailed the words we shall squeeze the German lemon until the pips squeak.  [1]  Packer declared Lloyd George did not believe in harsh reparations  [2]  , but George added extras to the original reparations such as war pensions to please the conservatives because the original amount based on war damage gave Britain a very little. Kitchen showed and I agree that there was little Lloyd George could do about the situation as no politician would have survived if he had suggested that Germany should be forgiven.  [3]  However, Lentin disagreed, thinking that public opinion created pressure but had no imp act on the Treaty. He later contradicted himself by proclaiming that the one of the causes of the delay in announcing reparations because the delegates believed that the public would never be satisfied with the guaranteed amount.  [4]  Therefore, public opinion had to be acknowledged and satisfied to a certain extent. This meant the Treaty did not always accomplish what was needed such as lower reparations. The biggest weakness with the reparations was the total amount ( £600 million) Germany had to pay. Keynes, who scathingly criticised the Treaty of Versailles, heavily condemned the reparations as Britain depended on the revival of trade, especially with Germany,  [5]  but Germany needed to increase their exports and decrease their imports. This would decrease trade with Britain and lose Britain money. Feldman, although I disagree, supported Keynes believing that the economic and financial settlements were horrendous failures.  [6]  This was an extreme view and seemed to ignore the circumstances the delegates were dealing with. There were poor decisions but Feldman over-exaggerated. Nicolson argued that it was not excessively harsh economically to Germany.  [7]  However, although it was not excessively harsh, I believe it was too harsh for Germany to even begin to comprehend, especially when territory and economics are combined. Germany lost 13.5% of their territory incl uding 8% of German coal production. Germany lost 10% of her population as well as 1.7 million people in the war. Population creates manpower for industry. This might not seem a lot however, when you add  £600 million in reparations, the loss can seem great and perhaps the Treaty harsh. This shows another weakness of the Versailles Treaty, as no suitable amount for Germany to pay was reached discrediting the treaty. However it could be deemed an unavoidable weakness as the reparations were decreased in the 1920s but the Germans still felt it was unfair. Another weakness of the Treaty of Versailles was the disarmament hypocrisy. The League of Nations articles asserted that any discrepancies would be sorted through the League and not by war. Therefore there was no need for any country to have large armies; however Germany was forced to disarm to a 200,000 volunteer army, showing how the points were used selectively. During the revisionist period Germany complained about the unjust nature of disarmament. Therefore disarmament can be viewed as a weakness as it highlights the unjust part of the Treaty but it shows that Germany was always going to come back with revenge. Germany was unified in its pride in its military. Carr argued that Germanys rise in 1920s was inevitable as it was unreasonable to impose a position of permanent inferiority on a great power.  [8]  This was true, but unavoidable; France wanted to know that Germany could not attack them. However, if the hypocrisy previously mentioned did not exist, and everyone had dis armed, then the situation could have been different. Isolating Germany in disarmament and the League of Nations was a bad idea, as they used it as an excuse to break the Treaty later, which was one of the causes of the Second World War. The Treaty had the aim of prolonged peace, and the isolation through disarmament was one of the reasons it did not fulfil its aim. The failure of the League of Nations was a huge weakness; it failed because America, Russia and Germany were omitted. The League could not make decisions about the world without three of the most influential countries. The League was bypassed when Italy seized Corfu, causing embarrassment for the League as it showed a lack of power. The League might not have been certain to succeed, but if the League had put its countries beliefs behind, and the worldwide affairs first, it would not be deemed such a weakness. The League of Nations had strengths too, it was the first time the idea have been put into practise trying some ideologically and practically new to keep the peace worldwide. The League introduced medical measures that had not been in states before 1914. This was a very credible strength from the Treaty of Versailles. It really was evidence of the Versailles Treaty trying to keep prolonged peace. The compromises in the Treaty created strengths and weaknesses. These compromises had left historians to debate as to whether the Treaty would have been stronger if it had been harsher or softer. Marks perfectly described the Treaty as too soft to restrain Germanyà ¢Ã¢â€š ¬Ã‚ ¦ yet too severe to be acceptable toGermans.  [9]  It was viewed too harsh in terms of reparations, disarmament and territory. The consequence of this was Germany convincing others it was too harsh bringing the revisionism viewpoint of the 1920s which had been adopted by Britain. Revisionism allowed the Germans to undo some of the Treatys main clauses such as self-determination, reparations and disarmament. Revisionism has been linked to the rise of Nazism and also the Second World War. The Versailles Treaty aimed to keep prolonged peace, the weakness of the compromise shows a failure of the Treaty. A soft treaty would have been impossible, the after war feeling was to enforce a vindictive peace to help res tore some of the hurt caused during the war that Germany was blamed for starting. However , it seemed that no matter how soft the Treaty would have been Germany would have wanted to change it. I agree with Kitchen that ultimately no amount of revision would have satisfied the Germans.  [10]   The strength of the Versailles Treaty compromises was that most of the clauses were very just, especially considering the circumstances. An example of this would be the Rhineland, France wanted to occupy it, however the other delegates knew that it would only cause outrage in Germany, and would strike revenge, therefore they created a compromise where the Rhineland would remain unoccupied and demilitarized. Another way to view the compromises as strength is looking at Germanys Treaty of Brest-Litovsk, an obviously overly harsh Treaty imposed on Russia after they withdrew from the war. This strength does not disregard mistakes in the compromises and in the Treaty; however it highlights that within the circumstances it was a commendable agreement. However, the strengths and weaknesses could be argued to be unavoidable. The Treaty regardless of its content was never going to last. Mattrl pointed out the undeniable point that before the ink had dried on the Treaty of Versailles, the move ment to destroy ità ¢Ã¢â€š ¬Ã‚ ¦had begun.  [11]  Therefore the weaknesses mentioned would not have been weaknesses had German accepted losing the war and the terms. The Treaty would not have been so heavily criticised and littered with failures if it had been enforced. The Treaty could have been successful but once the Treaty had been signed; the alliance had crumbled, worsened by different ideas on how to enforce the Treaty. France wanted to make sure the clauses were imposed on Germany as harsh as possible; however Britain began to revise the Treaty. Germany complained about the Treaty, believing it was unjust, when in reality it was mainly fair. For example, if disarmament had been enforced, Germany would not have been able to annex Czechoslovakia, which was a cause of the Second World War. Germany was also left to decide about whether they could afford the reparations, and obviously, as they did not want to have this article imposed on them, they often escaped doing it, to a standard that could easily create weaknesses in the Versailles Treaty. Marks correctly explained that the delegates erroneously believed that Germany would abide by thei r decisions,  [12]  this highlighted one of the many reasons why enforcement of the Treaty failed. Another reason for the lack of enforcement was that the allies were not loyal to each other; they just won the same war that they fought for different reasons. Therefore, the Treaty could be argued to have exposed weaknesses due to the lack of enforcement as opposed to the original articles. It can be argued that there are less strengths than weaknesses in the Treaty of Versailles but it is often forgotten that the biggest strength is far more significant than most of the weaknesses. The momentous task that lied ahead of the delegates was incomprehensible; 10 million people lost their lives alongside the new style of warfare. The war came to an abrupt end and there were complex issues alongside contradicting viewpoints. The short amount of time they had, and the amount they had to handle creates the strength as they were able to form a Treaty which although has been criticised with many weaknesses, also has commendable articles and decisions. It must never be forgotten that the Treaty was produced attempting long-term peace whilst punishing the losers of the war, as most Treaties do. If the Treaty had been accepted by the Germans, it could have been an established peace settlement. In conclusion, there are many strengths and weaknesses of the Treaty of Versailles, from the ideological revolution in the League of Nations, to the lack of considered economics in the reparations and loss of territories. However, the Treaty should be commended as one of its own time, that regardless of its contents would have been changed and adjusted as no Treaty had ever involved so many world and European powers. Marks convincingly summed up the Treaty by rightly claiming that the Treaty was a product of its time representing the feelings of the time; therefore its duration was limited seeing as the reality of the feelings of 1919 was limited.  [13]  

Friday, January 17, 2020

Applications of cryptography

Looking for the â€Å"best† websites in cryptology is a daunting, if not an impossible task. This is because, as I started searching the Web for interesting sites on cryptology, I found that there are just so many. The task is made even more difficult by the fact that cryptology is such a broad subject which encompasses several sub-subjects. Nevertheless, I have to choose three sites. Basically, I just set two criteria for choosing a site: it has to be interesting and it has to be easily understandable even when the content is technical.Being a history enthusiast, my search for fascinating contents led me to a website that features cryptology in the 16th and 17th centuries. It can be accessed via the link http://home. att. net/~tleary/cryptolo. htm and is written by Thomas (Penn) Leary. One of the reasons I was drawn to this site is the existence of an author for the site. With internet access and blogging accessible to almost everyone, I tend to get wary of websites whose aut hors are unknown for I feel that this lessens the reliability of the site and its contents, unless the site belongs to a company or organization whose reliability cannot be questioned.The content starts with a philosophical statement by Blaise de Vigenere, something which I found quite endearing. Being primarily a non-technical site, it avoids the use of cryptographic jargon and instead uses words easily understandable by almost any reader. Examples of the early kinds of cryptology such as the Elizabethan cryptology (uses numbers to encipher letters) were discussed in the site. Several paragraphs in the site are attributed to Johannes Trithemius, a German monk who is also considered the first theoretician in cryptography.Most of his schemes also include steganography, a close cousin to cryptography, which involves concealing the existence of the message itself. Aside from that, Trithemius contributed much to the existence of polyalphabeticity. His tableau, which he called his  "tabula recta†, uses the normal alphabet in various positions as the cipher alphabets. Giovanni Battista della Porta, another famous early cryptographer received a highlight in the site. Likewise, the use of acrostic, a cipher which involves using the first letters of a poem in order to form a word, was also given emphasis.Poets in the Italian Renaissance and during the Elizabethan period were reported to be quite fond in using acrostic. Although quite non-technical, this website appealed to me because I can look back and trace the early days of cryptology when there were no computers and other modern crypto graphing equipment. It is fascinating to note that the state-of-the-art cryptography used nowadays evolved from relatively simple ciphers such as Trithemius’ tableau and acrostic. In terms of information presentation, the website did quite well and the information was arranged in a clear and systematic manner.Furthermore, the author cited several works which I find commendable as most of the websites today obtain information from other sites, books and journals without acknowledging these sources. As for the technical side, I found David Wagner’s (1999) discussion of the Boomerang Attack quite interesting. His paper can be accessed by this link: lasecwww. epfl. ch/intranet/proceedings-iacr-98-03/papers/1636/16360156. pdf, although I believe it originally came from www. cs. berkeley. edu/~daw/papers/boomerang-fse99. ps. As you might have noticed I’m quite a stickler for the reliability of website contents.Apart from the topic being quite interesting, I chose this website because it came from an academic institution, which I believe screens articles and papers before posting it in their website. Even for non-technical readers, Wagner’s (1999) introduction to the concept of a boomerang attack is quite comprehensible. He started by describing differential cryptanalysis, a powerful cryptanalytic technique. Because of such power , differential analysis has been used to break many published ciphers. Block cipher designers therefore ensure that their design is secured from differential attacks.Algorithm designers usually compute an upper bound p on the probability of any differential characteristic on the cipher. The designer then invokes an often repeated â€Å"folk theorem† stating that any successful differential attack will require at least 1/p texts to break the cipher, thus making a conclusion that the cipher is safe from differential attacks. In order to prove this â€Å"folk theorem† false, Wagner (1999) exhibited an attack – in this case the boomerang attack – that allows an opponent to beat the 1/p bound in some cases.Let’s say the best characteristic for half of the rounds of the cipher has a probability of q, a successful boomerang attack will therefore need O (q-4) chosen texts. In some cases, q-4 > 1/p, in which case the boomerang attack will be able to beat th e folk theorem’s bound. Basically, a boomerang attack is still a differential-style attack but does not try to cover the whole cipher with a single pattern having a significantly large probability. Instead, the attacker tries to find two highly-probable patterns, though not necessarily related to each other, but when taken together can cover the whole cipher (Standaert, Piret, Quisquater, 2003).Wagner (1999) does not only discuss boomerang attack theoretically and only through probabilities, he showed how boomerang attack can be used to break COCONUT98, a cipher that rely on decorrelation techniques for its design. The breaking of COCONUT98 suggests that decorrelation design may fail to give enough security against advance differential attacks when caution is not taken. Therefore the use of decorrelation techniques is not a total guarantee of safety against differential-style attacks.Nevertheless, a decorrelation design still improves the cipher’s security such that in the absence of a decorrelation module, COCONUT98 will be more vulnerable to conventional differential-style attacks. Wagner (1999) also demonstrated the use of boomerang attacks on Khufu and FEAL, and included a description of â€Å"inside-out attack†, a dual to boomerang attack, with the boomerang attack working from the outside, while the â€Å"inside-out attack† works from the inside. In general, the site is very informative but I must admit, quite technical.One therefore does not approach it without having received a background on cryptology. Oliver Pell’s (nd) website, which he claims has won him a prize in a mathematics essay contest, is just as interesting. Accessed from http://www. ridex. co. uk/cryptology/#_Toc439908875, it presents a very useful overview of cryptology. Slightly technical, it comes in between the first two websites. Whereas the first is definitely non-technical while Wagner’s (1999) paper is definitely technical, Pell (nd) prese nts technical data in the simplest way possible.In fact, among the three sites, this one definitely stands out. The website content begins with the definition of commonly-used cryptographic terms, an indication that the paper is meant to be read by a wide range of audience including non-technical ones. The history of cryptography and cryptanalysis which followed the definition is quite fascinating and seems to me, well-researched. Ancient Egyptians, Hebrews and Assyrians already developed a crude form of cryptographic systems.Later on, the Greeks invented the first transposition cipher but it was the Arabs who were the first to have a clear grasp on the principles of cryptography and elucidated the beginning of cryptanalysis. In the more modern times, the uses of cryptography during the First and Second World War were also discussed. What follows is a detailed discussion on cryptography starting on how cryptographic systems are grouped: based on the mathematical operation that chang es the plain text into ciphertext using the encryption key, based on whether a block or stream cipher is produced, and based on the type of key used, whether single or two key.Substitution ciphers – ciphers wherein the units of the plaintext are replaced with symbols or group of symbols, transposition ciphers – rearranging of the letters of the plaintext without actually changing the letters themselves, block ciphers – symmetric-key encryption algorithms that changes a fixed length block of the plaintext into the same length of cipher text, and stream ciphers – also breaks plaintext into units but usually a single character are just some of the ciphers discussed in greater detail under the single key cryptography.A problem in cryptography – the key distribution problem – is also tackled. Such a problem usually occurs because both the sender and the receiver hold a copy of the key, but must also prevent others from getting access to the key. The solution to this problem, the two-key cryptography, is also discussed. Briefly, a two-key cryptography enables a user to possess two keys – one public and one private – with the public key used to encrypt the data to be sent, and the private key used to decrypt it.Some common applications of cryptography, such as protecting confidential company information and protecting a phone call just to name a few, are also presented. In general, the topic (Cryptography) is really well presented. At times when the topic gets a bit too technical (like algorithms), the author presents examples in order for the topic to be better understood. Such a well presented website content is quite uncommon and indeed deserves a prize. References Leary, T. (1996 July). Cryptology in the 16th and 17th Centuries.Retrieved September 27 from http://home. att. net/~tleary/cryptolo. htm Pell, O (nd). Cryptology. Retrieved September 27, 2007 from http://www. ridex. co. uk/ cryptology/#_Toc43990887 5. Standaert, F-X. , Pirret, G. & Quisquater, J-J. (2003). Cryptanalysis of Block Ciphers: A Survey. UCL Crypto Group Technical Report Series. Retrieved September 27, 2007 from http://www. di. ens. fr/~piret/publ/cg03-2. pdf Wagner, P. (1999). Boomerang Attack. Retrieved September 27, 2007 from lasecwww. epfl. ch/intranet/proceedings-iacr-98-03/papers/1636/16360156. pdf.

Thursday, January 9, 2020

Capitalism The Highest Stage Of Capitalism - 1538 Words

Since Vladimir Lenin was a Marxist and socialist he was opposed to global capitalism, and his book of Imperialism: The Highest Stage of Capitalism points out some of his main arguments regarding the capitalism as a whole. He regarded World War 1 as an imperialist war, caused by pressures that arose from an immediate development of several European empires. The central nations of capitalism participated to expand their exploitative sphere, which led to the conflict of interests and eventually produced the Great War . Although in Imperialism: The Highest Stage of Capitalism, Lenin characterized capitalism as a source of gaining the great profit, a closer reading of his narrative suggest that capitalism leads to a class exploitation by maximization of power, and total control of the economic system. The key to understanding the effect of capitalism and the power control can be seen in Lenin’s concentration of production and monopolies, which he described in his book. He believed that monopoly was a switch from capitalism to a higher system, and based on Marx’s law of concentration the market supremacy in capitalism belongs to a few cartels, syndicate and trusts, and emerging capital of banks that handle the thousands of millions. In addition to this, cartels, syndicates and trusts divide among themselves the whole internal market of a particular country, and enact their control that gives them a various power over the society and whole system. And concentration goes furtherShow MoreRelatedThe changing of Democracy Essay1124 Words   |  5 Pagesit. Democracy is not a static idea. It changes as the culture and opinions of the nation change. As the culture, economy, and social classes evolve, the ways that people perceive the idea of what democracy really means change as well. In the early stages of American democracy, the people whose ideas were considered for the government were free white males who owned land. These men had relatively wealthy stat uses. Although this allowed for a limited number of participants in the â€Å"democratic† governmentRead MoreRelationship Between The Worker And The Capitalist997 Words   |  4 PagesIn recent times, inequality has been found on high levels all around the world, this is due to how the market functions and the relationship between the worker and the capitalist. In this essay, the characteristics of Capitalism will be described followed by an analysis of how it produces wealth inequality, however a political economical approach will be used. Emphasized are the thoughts of Karl Marx and Adam Smith. To begin with, Adam Smith in his book Nature and Causes of the Wealth of NationsRead MoreThe Expansion Of Capitalism Has Hindered The Developing Countries Of Asia, Africa And Latin America1490 Words   |  6 PagesThis paper seeks to indubitably forward that the expansion of capitalism has hindered ‘the developing countries of Asia, Africa and Latin America’, therefore contributing to poverty: The state of being extremely poor’. Capitalism is an economic system, dependent solely on capital: the force that increases the productivity of labour, creating ‘wealth of nations.’ Adam Smith expressed capitalism’s exclusivity, driven by the ‘invisible hand’ mechanism, exclusive to developed countries and capable ofRead More1.According To Seidman There Is Three Types Of Styles Of1116 Words   |  5 Pagespolitical action you use this method because of the potential to make the world a better place. 2. Weber and Marx both view capitalism as negative to human behavior. Weber focus on how capitalism brought a new way to make money and Weber focuses more on the actual labor after human behavior. Weber calls the notion of being trapped by capitalism as an iron cage. Because of capitalism we have lost the desire to make money for its own sake. People have become money making machines with the religious inspirationRead MoreThe Hidden Agenda of New Imperialism909 Words   |  4 Pageswar. Each nation thinking they were the superpower blinded by their newly found nationalism. As Lenin argued, in Imperialism: The Highest Stage of Capitalism (1917), that imperialism is an economic necessity of the industrialized capitalist economies, seeking to offset the declining tendency of the rate of profit, by exporting capital. It is the monopoly stage of capitalism. Each country having entered the war with their own personal gain in mind therefore they all become responsible for the World WarRead MoreThe Prisoners in Platos Allegory of the Cave1116 Words   |  4 PagesAt the worker level, there are many hardships. They are forced to work and pay taxes. Like the prisoners in Platos Cave, they dont know what is capitalism and consumerism. They might have heard of the word but the level above them have kept a strict circulation of information about it. Happiness is success to them. They think of success as being promoted to the upper level. It could be done by producing an heir that helps them escape or through their own hard work. Platos Cave refer to this levelRead MoreApplication of Marxist Theory of Socialism in Philippine Setting1647 Words   |  7 PagesIt is both a critical analysis of and an answer to the excesses of capitalism. Its basic theoretical foundations are dialectical materialism, labor theory of value, and class struggle. It embodies two primary concepts, namely abolition of private ownership of the means of production and centralized economic planning in contrast to private ownership of property and free enterprise in capitalism. Socialist society is a transitory stage under the dictatorship of proletariat towards communism. Co-ExistenceRead MoreNew Zealand Essay1355 Words   |  6 Pagessun exposure which have led to high rates of skin cancer in New Zealand. A description about the problem, the relation to capitalism, business concept on solving the problem and how the problem affects the business environment has been detailed in this report. Problem Identified Melanoma is known to be one of the most serious types of skin cancer. The country with the highest melanoma incident rate recorded in the world is New Zealand. This type of cancer occurs when there is too much UV radiationRead MoreThe Marxist Theory Is The Political And Economic Theories Influenced By German Theorists852 Words   |  4 Pagesusually nobility or upper classes; the main forces of production include extremely complex agriculture. â€Å"Early and late capitalism†, early capitalism main form of property is the ownership of objects and services through state guaranteed contract. The main forces of production include the whole system of modern production above all economics. Late capitalism is where capitalism cannot withstand itself and, socialism arises as its replacement. The socialist mode of production is the post-capitalistRead MoreEconomic Imperialism and Colonial Control in Canada1363 Words   |  5 PagesGentlemanly Capitalism and British Imperialism: The New Debate on Empire. Harlow, U.K., 2009. Jackson, Peter. Rematerializing Social and Cultural Geography. Social Cultural Geography 1, no. 1 (2000): 9-14. Riley, Mark, and David Harvey. Talking Geography: On Oral History and the Practice of Geography. Social Cultural Geography 8, no. 3 (2007): 345-351. Cain, P. J., and A. G. Hopkins. British Imperialism. 2 vols. Harlow, U.K., 2003. Lenin, Vladimir Ilich. Imperialism: The Highest Stage of Capitalism

Wednesday, January 1, 2020

Exclusion Restrictions in Instrumental Variables

In many fields of study, including statistics and economics, researchers rely on valid exclusion restrictions when they are estimating outcomes using either instrumental variables (IV) or exogenous variables. Such calculations are often used to analyze the causal effect of a binary treatment. Variables and Exclusion Restrictions Loosely defined, an exclusion restriction is considered valid so long as the independent variables do not directly affect the dependent variables in an equation. For example, researchers rely on randomization of the sample population in order to ensure comparability across the treatment and control groups. At times, however, randomization is not possible. This may for any number of reasons, such as lack of access to suitable populations or budgetary restrictions. In such cases, the best practice or strategy is to rely on an instrumental variable. Simply put, the method of using instrumental variables is utilized to estimate causal relationships when a controlled experiment or study is simply not feasible. Thats where valid exclusion restrictions come into play.   When researchers employ instrumental variables, they rely on two primary assumptions. The first is that the excluded instruments are distributed independently of the error process. The other is that the excluded instruments are sufficiently correlated with the included endogenous regressors. As such, the specification of an IV model states that the excluded instruments affect the independent variable only indirectly.   As a result, exclusion restrictions are considered observed variables that impact treatment assignment, but not the outcome of interest conditional on treatment assignment. If, on the other hand, an excluded instrument is shown to exert both direct and indirect influences on the dependent variable, the exclusion restriction should be rejected. The Importance of Exclusion Restrictions In simultaneous equation systems or a system of equations, exclusion restrictions are critical. The simultaneous equation system is a finite set of equations in which certain assumptions are made. Despite its importance to the solution of the system of equations, the validity of an exclusion restriction cannot be tested as the condition involves an unobservable residual. Exclusion restrictions are often imposed intuitively by the researcher who must then convince of the plausibility of those assumptions, meaning that the audience must believe the researcher’s theoretical arguments that support the exclusion restriction. The concept of exclusion restrictions denotes that some of the exogenous variables are not in some of the equations. Often this idea is expressed by saying the coefficient next to that exogenous variable is zero. This explanation may make this restriction (​hypothesis) testable and may make a simultaneous equation system identified. Sources Schmidheiny, Kurt. Short Guides to Microeconometrics: Instrumental Variables.  Ã¢â‚¬â€¹Schmidheiny.name. Fall 2016.University of Manitoba Rady Faculty of Health Sciences staff. Introduction to Instrumental Variables. UManitoba.ca.

Monday, December 23, 2019

The Rate Of Gross Domestic Product And Unemployment

â€Å"The relationship between rate of Gross Domestic Product and Unemployment Of an economy† The economic power of an economy is what truly enables it to be a global ruler; furthermore a strong economy means the people are employed, successful and thriving. The best way to measure the economy’s current health is to just take a look at their Gross domestic production and unemployment rate. A strong economy stands for global dominance and influence, resulting in high standards of living, decreased unemployment, and prevention from recessions, depressions and also lower the risk of inflation but is there a link between the gross domestic product and unemployment that plays a role in all this? And how does this effect the well being of an economy, also why was the Canadian recession of 2008 a proof of this direct but opposite link of GDP and unemployment. Now to connect the dots, it’s easy to put out all these terms but not actually understand how they are related well the growth of GDP means there is more demand of products and if there is demand, companies need workers to make those products, hence there is lesser unemployment and the economy is growing and production rate is also increasing. If the rate growth is constantly decreasing with lesser demand and there is constant lower economic activity then the economy goes into recession. To further elaborate these concepts, Gross domestic product stands for the total economic activity of a nation, it means the monetary value ofShow MoreRelatedReal Gross Domestic Product Is An Inflation Adjusted Measure1015 Words   |  5 PagesReal Gross Domestic Product is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year. Real Gross Domestic Product accounts for changes in price level and provides a more accurate figure o f economic growth. The government uses Gross Domestic Product as a tool to analyze the economy’s purchasing power and growth over time. This is done by looking at the economic output of two periods and valuing each period with the same average pricesRead MoreFundamentals of Macroeconomics850 Words   |  4 PagesFundamentals of Macroeconomics 08 October 2013 The gross domestic product (GDP) is defined as the market value of all goods in any country at any specific time. The gross domestic product is frequently used to establish a country’s wealth or standard of living. Even though the GDP is supposed to determine a country’s economic health, many nonbelievers think the gross domestic product does not account for the underground economy. An underground economy would consistRead MoreReal Gross Domestic Product Of The United States And United Kingdom1671 Words   |  7 Pages Real Gross Domestic Product Real Gross Domestic Product is the measure of the economy’s output of goods and services over a specific period of time. It is usually measured in comparison to the GDP’s of previous years. For instance, if a year-to-year Gross Domestic Product goes up by 2 percent, it is said that the economy has grown by 2 percent. On a more basic level, Gross Domestic Product can be measured by adding everyone’s earnings in a year or what everyone spent. This is known as the incomeRead MoreConcept Paper1098 Words   |  5 Pagesincreasing the country’s Gross Domestic product? I.   Rationale In every country, gross domestic product (GDP) serves as an indicator to determine how well does the country performed for a specific period of time. It is an estimation of the value of the total goods and services it has produced. It matters to us when our country’s gross domestic product constantly increases from period to period, but is there really a massive increase in a country’s gross domestic product when it is election yearRead MoreThe Great Recession Of 20081691 Words   |  7 Pagesmid to late 2000’s. Some economists believe that the oversupply of monetary contributed to the 2008 crisis due to low interest rate targets that were substantially below the monetary requirement. In this paper I will discuss the effects of the changes in monetary and fiscal policies that altered the economy in 2008 as well as the current and desired gross domestic product for the future United States economy. The United States fiscal policy can be defined by how the United States government collectsRead MoreEconomic Growth Between Emerging And Developed Economics Essay1181 Words   |  5 PagesCanada, Australia, New Zealand and Japan. Emerging countries can be identifying with rapid growth rate and development but lower per capita than developed countries, namely Brazil, Russia, India, and China, Ireland, Italy, Greece, Spain. The economic growth of countries can be measured by gross domestic product (GDP) per capita. This essay is going to find out â€Å"What are the main reasons behind different rate of economic growth in emerging and developed economics in last 15 years?† In hear I selectedRead MoreUnemployment And Its Impact On The Nation s Unemployment Essay1712 Words   |  7 PagesUnemployment is one of the biggest topics that we talk about as a country and also is one of the biggest problems that we have as well. In essence it is the state of being unemployed. There are three total types of unemployment: frictional, structural and cyclical. The latest unemployment rate reported by the Bureau of Labor Statistics (BLS) was 4.9% in January. The way that we measure unemployment is BLS conducts a national survey that is random to a number around 60,000 households. They do thisRead MoreThe Study of Macroeconomics1507 Words   |  7 Pagesemployment sometimes fall and how can unemployment be reduced? †¢ What are the sources of price inflation and how can it be kept under control? †¢ How can a nation increase its rate of economic growth? †¢ Objectives of Macroeconomics OUTPUT †¢ high level and rapid growth of output †¢ to provide goods and services that the population desires †¢ most comprehensive measure of total output in an economy is the gross domestic product / gross national product †¢ potential output is determined by theRead MoreReal Gross Domestic Product Is An Inflation Adjusted Measure1474 Words   |  6 PagesReal Gross Domestic Product is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year. Real Gross Domestic Product accounts for changes in price level and provides a more accurate figure of economic growth. The government uses Gross Domestic Product as a tool to analyze the economy’s purchasing power and growth over time. This is done by looking at the economic output of two periods and valuing each period with the same average pricesRead MoreHigher Level Of Prices Of Goods And Services Rises961 Words   |  4 Pagesservices rises, the inflation rate rises. I somehow disagree with this statement as it might be the secondary reason or not the only reason for the rise. But the factors that cause the inflation rate to rise are as follows: a) An icrease in demand for goods relative to supply: When there are many potential buyers of certain goods but the supply can not match the increased demand hence, results in Demand-pull inflation. Demand-pull inflation doesn’t result in inrease in rate of Inflation every time.

Sunday, December 15, 2019

Manufacturing Industry and Fair Trade in Australia Free Essays

The question that is being studied here is of unemployment, and this is clearly not being lost because of imports. The calculations have been made by the Australian Center for Industrial Relations Research and Teaching, and they say facts about the net changes in the rate of employment between 1988 and 1998 in a number of industrial sectors. It can be seen that there is a clear decline in employment in eight sectors of industry during this decade. We will write a custom essay sample on Manufacturing Industry and Fair Trade in Australia or any similar topic only for you Order Now There was a net loss of about 250,000 jobs and more than sixty percent of the loss was in areas where there was no competition. This concerned employers like Commonwealth Bank, SECV, State Rail NSW, AMP, and the federal public services. (Do imports cost jobs: What’s wrong with fair trade? ) Compared to this, the total number of people employed in sector of textiles, clothing and footwear manufacture in Australia has been 80. 2 thousand as per the figures available for 1998. (Manufacturing employment) The important areas of job loss have been in the manufacture of different products with low import threats, and where the imports come from high wage countries. The exception is in the case of textile, clothing and footwear — TCF. In the case of these products, the imports are from medium wage countries and that import is 36. 0 percent of the total market for these goods in Australia. The largest import is from China, and they are now selling 20 percent of all TCF goods in Australia. (Do imports cost jobs: What’s wrong with fair trade? ) This has been confirmed at meetings of the productivity commission regarding the future of industry in the city of Melbourne and the state of Victoria. In the public hearing, they have also confirmed that if the recommendations of the commission are implemented then there would be another loss of 30,000 jobs. An industrialist, Brian Rush had this to say about the textile industry – â€Å"Commodity sewing, as such, in Australia has a real struggle in front of it. Our all-up labor rates in Bendigo, with all the add-ons, are about $28 an hour. You go to China and it’s less than 50 cents an hour†. (Textile jobs under threat. 2003) It is not that the government is not aware of the situation in the country and has already allocated $575 million for the textile, clothing and footwear sector under the Strategic Investment Program as stated by the minister for Industry, Tourism and Resources. His statement said â€Å"Australia’s $9 billion textile, clothing and footwear manufacturing industries can now apply for investment and RD assistance under the package which has been closely and extensively negotiated with industry players†. (Australia: Textile, clothing footwear sector investments worth AU $575mn approved, 2005) But this does not seem to have helped the workers as in one case, the workers sacked by National Textiles on January 21st are still on a 24 hour picket outside their factory and that is located about 170 kilometers north of Sydney. There are 342 workers and the claimed dues are on account of entitlements which are not paid consisting of leave on a yearly basis, sick leave, long service, redundancy payments and superannuation. (Sacked Australian textile workers picket for $11 million in unpaid entitlements) Regarding TCF, the economists at Reserve Bank have stated that about one third of the jobs lost in clothing are due to low wages and that is a total of 28,000 jobs. For footwear this amounts to 6,000 jobs lost. Well this seems to support that fair trade is the main reason for the lost jobs but they have also stated â€Å"Despite this large import effect, productivity improvements accounted for about two-thirds of the fall in employment in this sector† (Do imports cost jobs: What’s wrong with fair trade? ) This can be seen from a comparison of the figures of 1994 and 1999 where in the case of machinery and equipment the productivity has risen by 23. 2 percent and the job losses have been only 3. 9 percent reduction. In the TCF sector, the increase in productivity has been 15. 1 percent and the job losses are 15. 3 percent. (Do imports cost jobs: What’s wrong with fair trade? ) When one looks at the total employment figures the picture becomes even clearer with a reduction between 1974 and 1999 with a total reduction in textiles clothing and footwear by 53 percent, whereas in transport equipment and machinery the reduction was by 39 percent and in metallic products by 29 percent. Thus it is clear that employment is on the way down with a total reduction by 22 percent. This is hurting the workers as 24 percent of the total workers were employed in manufacturing in 1974, but this came down to just 12 percent in 1999. This does not mean that this section of industry has started producing less, and the production has increased, but the gains have not been passed on in terms of additional workers. This is reflected in the fact that the major portion of Australia’s workers is now engaged in the service sector – 82 percent of them. (Productivity Commission: Move to scrap tariffs sooner rather than later) To some extent the mismatching of the Australian government timing of cutting the protection of the textile, clothing and footwear sector with the change of the global TCF industry to get into a new form of organization, the commodity chain is also responsible. Due to this change, some Australian TCF manufacturers could not continue business any longer, while the others followed a number of strategies to remain in business, and these including a change of the labor required. This has led to losses in jobs determined by age, gender and ethnicity in the skilled and semi-skilled levels of production. This has been replaced by jobs in design, marketing and management. The jobs in the factories of Australia have to the Pacific Rim. (Trade and inequality: Australia’s textile, clothing, and footwear industries, 1986-1996) As an example one can see that in December, there was a reduction by the Sara Lee clothing factory of 200 workers in the factories of Sydney, Wollongong and Kempsey. The number was half of the total employees of workers in the organization. This company now plans to get most of the production for the company done at Fiji, where the labor is cheaper. A similar decision was also taken by Levi Strauss, the famous jeans manufacturer. They are now planning to cut down about 60 percent of the workers in Elizabeth, near Adelaide. They amount to 100 workers. (Australian Job Losses) For many of the workers this means social changes and increases unemployment rates in many areas leading to losses in consumer demand for products. For the people there are long term effects on health due to the loss of jobs and finding a job when one is over 50 is not easy. For the company also it is a loss of manufacturing capacity. Productivity Commission: Move to scrap tariffs sooner rather than later) In the meantime, a new breed of employers has come up and these are the employment agencies. They offer high efficiency when placing the employees in a firm. They claim to offer economies of scale due to their being a specialist third party managing the aspects of personnel management like recruitment. This is normally the function of the personnel department. They also lead to lower transaction costs and thus increase efficiencies due to the matching involved. Yet it is not very popular as in 2003 a survey showed that organizations are using hired employees for the purpose of getting workers for immediate requirements. Yet, a survey showed that 42 percent of the firms believe that there are good benefits for the firms using hired employees. The perceived benefits are the reduction of administrative costs, being able to go through a thorough process of recruitment and getting skilled workers. A very small portion of the firms gave their reason as reduction of employee cost due to lower payments. Temporary employment agencies as labor market intermediaries – new ways of working in an open economy) According to a study done by ABS in June 2002, there were 290, 000 employees hired through the employment agencies at that time. This is a 3. 1 percent share of the total employment market. According to them the organizations which had a union with a closed shop had the least chance of using a labor hire agency. This is thus a limiting factor on labor hire agencies. The positive factor for a labor hire agency is an organization with an employee relations manager. These managers are knowledgeable about the different sources from where they can get labor, as also the different types of labor with them. They are more likely to use the agencies when appropriate. Yet organizations hire labor sparingly and along with other flexible forms of labor like part-time labor and casual labor. (The Growth of Labor Hire Employment in Australia) It is wrong to expect the free traders or the fair traders to really have the interests of the workers at heart. One has to realize that the problem in part arises from the present chase for productivity and international competition. How to cite Manufacturing Industry and Fair Trade in Australia, Essay examples

Saturday, December 7, 2019

Theories of Action for Effecting Education Reform

Question: 1-Post gives a brief overview of subject mentioned in the chapter title. 2-Post gives a clear reflection about the importance of the chapter in becoming a teacher/leader. 3-Post gives clear explanation of how the chapter does or does not provide helpful information in becoming a teacher/leader. 4-Evidence of two responses to postings of other students within the course. 5-All posts and responses are at least one paragraph and written with professional writing standards.? Answer: 1. This chapter discusses the importance of curriculum and the need for bringing about reform to it. The objectives with which schools were established would not be met without the curriculum. This chapter is important for teachers as they play a vital role in designing curriculums. Reform of curriculum is one of the major challenges which education reform faces. The term curriculum owes its origin to a Latin word which bears the meaning of racecourse. Traditionally curriculum meant a list of courses but the definition has changed with the passage of time. It is important for educators to know the meaning of curriculum since only then they will be able to participate actively in its reform. Curriculum came to be defined as a program of studies, a document and even as the planned experiences of a school. No matter whatever definition of curriculum we adopt there is one common aspect, a hidden dimension which all definitions acknowledge. It means the things which are taught implicitly by schools and not explicitly. In 1983 after the National Commission on Excellence in Education published its report stating that the performance of American students has not been satisfactory a series of reforms in the field of education followed. Thomas (2012) supports the above stated view and reiterates the importance of curriculum. 2. This chapter basically deals with the relationship which exists between school and students. From a reading this chapter it is evident that school and students are very much inter related. School happens to be an institution which has been created for the society, by the society and it is an institution which the society supports. Thus a teacher bears responsibility towards both the society which is its employer and also the students since serving them is the purpose behind the creation of schools. But these two responsibilities conflict each other. The chapter in question provides the ways in which schools influence the society and vice versa. Since time immemorial schools have been influencing society through the following ways; schools inculcate into students the responsibilities he/ she bears towards the society as citizens. Curriculums of schools primarily teach students as to how they are supposed in a democracy. It is believed that educated citizens are indispensible to a demo cratic country and this purpose of the society is served by the schools which shape students into intellectual citizens. Schools render vocational training the students, through schools students are prepared for future career so that they can easily get jobs in future. Society has a strong impact on schools and it constantly re shapes the school. While designing curriculum educators must try to involve parents into the education process of their children. They need to have clear communication with the parents regarding the children. This chapter is important for the one who intends to be a teacher because if he is aware of above stated facts then he would be able to render the services of a teacher in a better way. Underwood, Razzouk, Hansen Shute (2011)- this article deals with the importance of the involvement of parents into the education system. 3. This chapter discusses the historical foundation of the institution of school. It traces the evolution of American education. The early schools came into vogue because of the Puritans as they strongly believed that it s not possible to have a democracy without an educated population. The Latin Grammar School was established in the year 1635 which later came to be known as the Harvard College. It was the belief of the Puritans that the devils would take advantage of the ignorance of their children and exploit them and thus school buildings were erected to educate the children. These were also known as Dame Schools and they were classical in nature. In the eighteenth century need was felt to establish schools which can be less classical and more practical. Benjamin Franklin thus opened the Franklin Academy in Philadelphia. These schools replaced the Latin Grammar Schools. One of the drawbacks of the Franklin school was that it was private and everybody could not afford them. This lead to the establishment of public schools which were free. This chapter also discusses the evolution of the present day curriculum. Since history is at the base of every discipline when one intends to become a teacher he/ she should be well aware of the history underlying the evolution of the system of education. Gatto (2012) this article also talks about the historical foundation of education in America. 4. This chapter tries to identify the ways by the adoption of which educators can render meaning to education. It begins by highlighting that both the educator as well as the student is not happy with each other. The student feels that educators only put them across oceans of information but does not impart knowledge in the true sense of the term which is the reason why most students remain mediocre. On the other hand, even teachers feel students mostly fail to apply their knowledge and take up risks. The chapter with the help of theories explains the importance of research to be undertaken by educators so as to improve the system of education. These theories may be stated in brief as follows: Growing research base theory provides that educators should conduct research in order to improve the system of education and should make students part of this research since they are the stake holders. Science v. Common Sense theory lays down that since common sense approach cannot be relied on in all situations, educators should give priority to research. Terminological Pitfalls theory states that the present system of education places much reliance on achievements as compared to practical application. Thus the system of education must try to look beyond the barriers of fact by using the tools of concept which is intrinsic to any type of thinking and its importance in education can never be overrated; educators should try and formulate theories of education and lastly models may be used by educators to formulate education plans. Finn, Jr.( 2010) this article lays down the theories for bringing about educational reform. This chapter gives a good insight for an individual to become a teacher in the true sense of the term. 5. This chapter reviews certain basic designs of curriculum and gives an insight into examining the curriculum. This chapter is of immense importance to the one who intends to become a teacher as he/ she would be a curriculum planner in future. Teachers should try to formulate such curriculum which draws connection between what is taught, why is it taught, how is it taught and assessment of what a student has learnt. It lays down that educators or teachers must not just try to cover all the material contained in a curriculum but should also make an endeavor to teach the materials covered in the curriculum. The curriculums which the educators design must enable students to draw connection between the various concepts they have learnt. Since this chapter provides curriculum designs for various levels depending upon the age of the students it would be of great help to a prospective teacher as he/ she can draw ideas from the designs provided and design appropriate curriculums in future. The chapter also provides for the advantages and disadvantages of each design which makes it all the more easier for educators to decide on which pattern would be more suitable while they are attempting to design curriculum. McKimm (2013)- this article discusses about various designs of curriculum. References Finn, Jr., C. (2010). Theories of action for effecting education reform. Gatto, J. (2012). An Underground History of American Education. McKimm, J. (2013). Curriculum design and development. Thomas, L. (2012). Re-thinking the importance of teaching: curriculum and collaboration in an era of localism. Rsa. Underwood, J., Razzouk, R., Hansen, E., Shute, V. (2011). A Review of the Relationship between Parental Involvement and Secondary School Students Academic Achievement. Education Research International