Government Intervention, Real Gdp, And National Debt From...

Sweden: The Ultimate â€Å"Elsewhere† John Malkovich once, jokingly, stated that â€Å"utopia means elsewhere†. Sandwiched in between Norway and Finland is that idealized â€Å"elsewhere†, Sweden, with a strong government and thriving economy. It is not only solidly constructed but stunning to look at, with beautiful plant life and architecture to match. Sweden is sparsely populated with roughly 9.6 million people living comparatively good lives (with low crime rates, 18 month long parental leaves, and a high standard of living). It is famous for its neutral foreign policy and high taxes. In short, Sweden is the ideal†¦ if not to live in then definitely to visit at least once. In this paper I will analyze Sweden, examining factors of supply and demand, government intervention, real GDP, and national debt from an economic perspective. The first factor that I will evaluate is how the Swedish power market has seen a rightward shift in its supply curve over the last forty years. The Oil Crisis of the 1970s - sparked extensive research into alternative energy sources that would result in a 53.5 percent decrease in oil dependency between 1970 and 2012 (Energy Use in Sweden). This transition from a finite resource to its renewable counterpart opened the market for competition in Sweden and, combined with the inelastic demand for power in a modern nation, increased the quantity available to consumers and decreased the price. As of right now, â€Å"green† energy cannot be exported very far because it isShow MoreRelatedGlobalization and Human Welfare1656 Words   |  7 Pagesevolved right from Adam Smith and David Ricardo who introduced the concept of comparative advantage which compares the productiveness across countries. Here countries make use of their natural resources, climate, skills etc. According to Paul Krugman trade reflects arbitrary or temporary advantages resulting from economies of scale or shifting leads in close technolo gical races. Thus comparative advantage can be created through technological innovations. Globalization is propelled by economics but shapedRead MoreImpact Of The Neoliberal Era And The Structure Of The Modern Financial System3397 Words   |  14 PagesLatin America, 1997 East Asia and 2008 subprime financial crisis had a profound impact on the regional and world real economy. two sentences about how big of an impact each of them had on the real economy. These crisis have also triggered off a very fierce debate about the impact of the neoliberal era and the structure of the modern financial system. From the neoclassical perspective each of these crisis required a new model to explain past events but it always viewed the crisis to be cause by anRead MoreFiscal Policy of Spain7405 Words   |  30 PagesFELIPE SERRANO The Spanish fiscal policy during the recent â€Å"great recession† Abstract: This paper examines the fiscal strategy followed by the Spanish government in order to stop the fall of aggregate demand induced by the financial crisis. The Spanish economy provides the best example among the countries of the European Monetary Union of the contradictions between the discretionary fiscal policy in the crisis and the fiscal rules. The intensity of the crisis and some initial badly designed fiscalRead MoreFactors That Affect The Output Of An Economy1733 Words   |  7 Pagesachieve actual economic growth that can be measured by real Gross Domestic Product (GDP). If factors of production are fully employed, it means the economy is working at full capacity and on the production possibility frontier (PPF), which combines the different levels of capital and consumer products together (Hearn, 2000:119). At this point, potential economic growth, referring to an increase in potential capacity, is considered to attain long-term rate of growth. Therefore, governments might applyRead MoreFiscal Policy Role and Development in Bulgaria and Eu7949 Words   |  32 PagesInternational Finances R e p o r t Fiscal policy role and development in Bulgaria and in the EU Fiscal policy is a set of measures by the government aimed to slow or stimulate the economy. Such measures are changes in tax policy and government spending. With the changes that are made the government influence directly to the demand. Fiscal policy is based on the theories of the British economist John Maynard Keynes. The idea is that the state can influence the economy by increasing or reducingRead MoreThe Great Financial Crisis : Causes And Consequences1911 Words   |  8 PagesMonthly Review Foundation, and has written on political economy for a majority of his career. In â€Å"The Great Financial Crisis: Causes and Consequences†, Foster and Magdoff present a rigorous and undoubtedly necessary historical and broad-minded perspective of the capitalist system out of control. They argue that the present-day financial collapse is a logical consequence of the contradictions of monopoly finance capital - contradictions that are reflected in the like processes of financializationRead MoreStudy on Indian Government Debts and Deficits and Its Effect on the Growth Sustainability4377 Words   |  18 Pages[pic] Study on government deficits and debts in India. How do government debt-deficit sustainability issues hinder India’s growth Abstract Emerging nation India has high hopes of becoming a developed nation. In recent time Indian economy is considered as the fastest growing economy hence there are certain drawbacks such as the government deficits, debts which hinder India from achieving their goal. Development of nation is based on several factors and its more important for every nation to encourageRead MoreComparison of Basic Economic Indicators of Bric Nations4949 Words   |  20 PagesComparison of Basic Economic Indicators of BRIC Nations Abstract In economics, BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China, which are all deemed to be at a similar stage of newly advanced economic development. It is typically rendered as the BRICs or the BRIC countries or the BRIC economies or alternatively as the Big Four. Table of Content 1. Introduction 4 2. Statistics 5 3. 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A number of scholars have attempted to investig ate this issue and arguments can be divided into three categories. Proponents of state intervention indicate that the state plays an indispensable role in directing economic development and utilising the resources of the country

Memoirs Free Essays

Anne Frank is the best known of these two people, far more than Romeo Dallaire. Her struggle for survival and her eventual plight of death in a concentration camp have awed the world for the last sixty years. Just a young girl who had the rest of her life to look forward to and her youthful plans for that life that were snuffed short by a war machine and the hatred of a man she would never see, Adolph Hitler. We will write a custom essay sample on Memoirs or any similar topic only for you Order Now Hitler’s madness and his intricate hatred for followers of the Jewish faith subsequently brought a halt to millions of lives of people that had never seen him, known him or would have ever harmed him. His fanatical crusade for the â€Å"Arian† race to populate the world and do an ethnic cleansing of any other race, creed or religion created one of the most horrendous and infamous atrocities in world history, the Holocaust. Everyone who has ever read Diary of a Young Girl could not help but be moved by Anne Frank’s courage and optimism during her enforced hiding with her family and the other residents in that attic as she tried to maintain hope in the ominous face of an adverse society that had invaded her native country. It is truly amazing how she managed to maintain her sanity and her outlook on life through such a horrific ordeal. Just fifteen years old with very little experience at life, she seemed to possess a profound ability to see things as they â€Å"really were† and not as she or the others would have wished them to be. Yet, it did not seem to quell her belief that there was good in people and that only a few were responsible for the misery that is often imposed upon others simply because of another’s beliefs or policies. It has to make one wonder if it were not partly because it was a more innocent time in the world when children were not constantly besieged by violence, crime or prejudice. Though probably one of the world’s most famous victims of prejudice, Anne Frank maintained that innocence through her whole life. She was a child caught in a nightmare not of her own making and she along with millions of others suffered because of that nightmare. Romeo Dallaire was a military man that by choice involved him in these types of matters. A Canadian Major General, Dallaire, headed a small United Nations peacekeeping force, UNAMIR, in Rwanda, Africa. Horrible atrocities became evident to him and he set out to appeal for help in these murders that were so ethnic in nature. It involved a conflict that the ruling regime, the Hutu, had begun mass massacres of the Tutsis, a different sect within the country. It was totally classified as ethnic in policy. When Dallaire faxed for advice in 1994, his fax was treated with little or no attention. The United Nations refused to acknowledge it as genocide and would not allow Dallaire to do anything beyond the regular rules that his small military unit was allowed to pursue. Dallaire had to sit back helplessly and watch this atrocity go unchecked. Unlike Anne Frank, he was not a personal victim but he was just as helpless in changing the effect of what was happening. In his writings later, Shake Hands With The Devil, Dallaire expounded on the ineffectualness of Genocide Committees, such as the UN had, when it was doubtful if a particular action within a country can be termed as ethnic genocide. Time has proven constantly that other countries or even the United Nations in these more modern times are extremely hesitant to act despite sometimes often insurmountable proof that ethnic cleansing is occurring and it should be stopped immediately. So what similarities would be between Anne Frank and Romeo Dallaire? They both wrote important works on the results and after effects of ethnic cleansing and genocidal war. Anne Frank’s viewpoint came from an innocent bystander. Her only crime? She was a Jew. She had led a quiet gentle life within a loving family structure and she was only aware of the persecution of the Jewish population by what was happening around her. Once in seclusion, her writings intensified as she grew more and more aware of the plight of other people and of her childhood friends and their families either frantically trying to escape or captured by the Nazis and sent to the concentration camps where most of them never returned. Her diary, which she referred to as â€Å"Kitty†, was begun before she and her family were forced into hiding. It shows all the normal qualities of a young girl her age. Her young hopes and dreams and the beginnings of puberty. Her delightful and expectant views of what life would be like when she was grown were the strongest proof of her innocence. She was a friendly, astute and open person and those qualities did stand her in good stead while she remained in hiding for two years. She managed to maintain a very mature calm while some of the older adults around her were literally â€Å"falling to pieces.† She seemed to rise above the petty squabbles and accusations that formed when so many people are crammed into such close quarters for so long. She tried not to dwell on the lack of food, fresh air, or miserable living conditions that she existed in but instead took a very philosophical point of view of what was happening around her and to her. Her incredible courage has inspired people constantly through the years since her untimely death and the publication of her diary. She very clearly knew the difference between right and wrong. Through her diary, she made a world wake up to how quickly one group can impose its values on another and if the imposed group refused those values, then violence and mass death could erupt from it. To quote the old phrase â€Å"Out of the mouths of babes†, whether trite or not, in this instance, a child taught an adult world what was wrong with prejudice, stupidity and the aggressiveness of war. Romeo Dallaire’s own writings have been a good source for endless purposes as far as a teaching and informative guide to how not to miss the very clear signs of ethnic war. Because Dallaire’s hands were tied in the military sense and the United Nations’ refusal to act upon his advice from the situation that eventually escalated into a full scale war. Dallaire is often quoted by writers on war and genocide because his graphic description of how the massacring of the Tutsis people in Rwanda should have been clear warning signs of what was going to happen. It is one thing to set of councils against genocide but to refuse to act upon situations that fall under the jurisdiction of these councils is almost as heinous as the very acts of war themselves. In an odd comparison, Anne Frank and Romeo Dallaire were exactly alike as they were both witnesses to these atrocities and they were both completely helpless to do anything to stop them outside of writing about them. It is perhaps some comfort that through both of their written observations, we, as a world, are better able to see the fallacy in these types of confrontations and hopefully in the future, take more steps to insure that they never happen again. Works Cited/ References: 1.How to Prevent Genocide: A Guide for Policymakers, Scholars, and the Concerned Citizen by John G. Heindenrich, Praeger Publishing, 2001 2. The Door of Opportunity: Creating a Permanent Peacekeeping Force:   Journal Article by Lionel Rosenblatt, Larry Thompson, World Policy Journal, Vol. 15, 1998 3. Understanding Anne Frank’s the Diary of A Young Girl, A Student Casebook to Issues, Sources, and Historical Documents by Hedda   Rosner Kopf, Greenwood Press, 1998 4. Anne Frank: The Biography: Magazine Article by Martyn Bedford; New Statesman, Vol. 129, April 2, 1999 How to cite Memoirs, Essay examples

Standard Deviation and Century National Bank free essay sample

Mr. Dan Selig, president and CEO, would like to know the characteristics of his checking account customers. What is the balance of a typical customer? How many other bank services do the checking account customers use? Do the customers use the ATM service and, if so, how often? What about debit cards? Who uses them, and how often are they used? To better understand the customers, Mr. Selig asked Ms. Wendy Lamberg, director of planning, to select a sample of customers and prepare a report. To begin, she has appointed a team from her staff. You are the head of the tea m and responsible for preparing the report. You select a random sample of 60 customers. In addition to the balance in each account at the end of the last month, you determine: (1) the number of ATM transactions in the last month; (2) the number of other bank services (a savings account a certificate of deposit, etc. We will write a custom essay sample on Standard Deviation and Century National Bank or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page ) the customer uses; (3) whether the customer has a debit card (this is a bank service in which charges are made directly to the customer’s account) and (4) whether or not interest is paid on the checking account.The sample includes customers from the branches in Cincinnati, Ohio; Atlanta, GA; Louisville KY; and Erie PA. 1. Develop a graph or table that portrays the checking balances. What is the balance of a typical customer? Do many customers have more than $2,000 in their accounts? Does it appear that there is a difference in the distribution of the accounts among the four branches? Around what value do the account balances tend to cluster? 2. Determine the mean and median of the checking account balances.Compare the mean and the median balances for the four branches. Is there a difference among the branches? Be sure to explain the difference between the mean and the median in your report. 3. Determine the range and the standard deviation of the checking account balances. What do the first and third quartiles show? Determine the coefficient of skewness and indicate what it shows. Because Mr. Selig does not deal with statistics daily, include a brief description and interpretation of the standard deviation and other measures.