Saturday, October 26, 2019
Jim Jarmuschââ¬â¢s Film Deadman, as a Manipulated Western Essay -- Movie F
Jim Jarmuschââ¬â¢s Film Deadman, as a Manipulated Western Director Jim Jarmuschââ¬â¢s film Deadman displays many of the accepted conventions for Western genre films, but manipulated in such a way as to create a revisionist, rather than a classical, western. The most obvious example of this manipulation are the characterizations of the hero, William Blake, and his Native American partner, Nobody. Blake is an awkward easterner who travels westward unaware of the different rules governing western life, instead of the rugged, knowledgeable outdoorsman who ââ¬Å"does what he has to doâ⬠to defend justice and honor. Nobodyââ¬â¢s character is unusually independent, educated, and kind towards Blake, instead of the traditional Western genreââ¬â¢s violent, unintelligent Indian. The viewer is first introduced to Blake as he takes the long train ride from Cleveland to Machine. As the characters around him become more rugged and ââ¬Å"western,â⬠the viewer sees that Blake is clearly from the east, and out of place among the westerners. As he enters the town of Machine, he stands out like a sore thumb with his plaid... Jim Jarmuschââ¬â¢s Film Deadman, as a Manipulated Western Essay -- Movie F Jim Jarmuschââ¬â¢s Film Deadman, as a Manipulated Western Director Jim Jarmuschââ¬â¢s film Deadman displays many of the accepted conventions for Western genre films, but manipulated in such a way as to create a revisionist, rather than a classical, western. The most obvious example of this manipulation are the characterizations of the hero, William Blake, and his Native American partner, Nobody. Blake is an awkward easterner who travels westward unaware of the different rules governing western life, instead of the rugged, knowledgeable outdoorsman who ââ¬Å"does what he has to doâ⬠to defend justice and honor. Nobodyââ¬â¢s character is unusually independent, educated, and kind towards Blake, instead of the traditional Western genreââ¬â¢s violent, unintelligent Indian. The viewer is first introduced to Blake as he takes the long train ride from Cleveland to Machine. As the characters around him become more rugged and ââ¬Å"western,â⬠the viewer sees that Blake is clearly from the east, and out of place among the westerners. As he enters the town of Machine, he stands out like a sore thumb with his plaid...
Thursday, October 24, 2019
Lessons from a Third World Perspective on Environmentalism Essay
Lessons from a Third World Perspective on Environmentalism Possibly more than any of the other articles we have read so far, Ramachandra Guha's article "Radical Environmentalism and Wilderness Preservation: A Third World Critique" made me think. In analyzing the Western deep ecology movement, he criticized its focus on preservation of wild areas. By doing this, he was directly criticizing what I have long thought of as my main goal as an "environmentalist." One of the first things that turned me on to environmental issues when I was younger was my horror at the soaring rate of rainforest destruction so dramatically portrayed to us in 9th grade biology class. Since then, by following a biology track through college, my focus has been on ecological goals such as the preservation of biodiversity. The study of ecology has served me as a way to understand wilderness so I might be able to help protect it or restore it. My patterns of thought are often not far off from those of Daniel Janzen, which Guha quotes in his paper as "imperialist yearning of Western biologists and their financial sponsors" to claim land in Third World countries for protection by ecologists (Guha 272). He states his opinion that "the radical conclusions drawn by deep ecology, in particular, that intervention in nature should be guided primarily by the need to preserve biotic integrity rather than by the needs of humans" are unacceptable (271). He also claims that the two "fundamental ecological problems facing the globe are (i) overconsumption by the industrialized world and by urban elites in the Third World and (ii) growing militarization" (271), whereas the biological perspective would c... ...growth instead of material wealth --"The values of caring, cooperation, nurturing and sharing must be encouraged to replace the values of competitiveness, domination and aggression which have characterized our society for so long" --polices must reflect "the interdependence of all living things and the interconnetedness of all political and social activity" (http://www.greenparty.org.uk/principles/values/htm) The list was impressive. And although the Greens seem more prevalent in Europe than in the U.S. - there is an American Greens party - which had Ralph Nader as their presidential candidate in 1996. Maybe the Greens movement could help us meet a wide range of environmental and social goals through its philosophy of humility, instead of following deep ecology's biocentric proposal. I am encouraged to look further into it...
Wednesday, October 23, 2019
Homosexuality as a Deviance: Discrimination In Society Essay
Deviance is a behavior that does not conform to social norms, therefore is socially created. Since most people in the United States believe that homosexuality is wrong, society has created homosexuality to be a deviance. Since deviance is relative and not absolute to a society, homosexuality is not a universal form of sexual deviance. There are many cultures that accept forms of homosexuality. The Western society is not accepting of it though, and many times this non-accepting view cause discrimination towards homosexuals. Is homosexuality a way for some people to deviate, or is it just the way some people need to live their lives? If that is the way of life for some people than society has to become accepting towards this lifestyle. Homosexuals are a minority since they differ from the accepted sexual orientation. They become objects of discrimination and contempt. Some of societies anti-homosexual attitudes come from homophobia. Homophobia is ââ¬Å"the irrational fears of homosexuality in others, the fear of homosexual feelings within oneself, or self-loathing because of oneââ¬â¢s homosexuality. It stems from ignorance and popular myths that give rise to homosexual prejudiceâ⬠(Crooks 255). Homophobia is expressed in many ways, both subtle and direct. Telling jokes about queers, belittling their lifestyle, denying them housing, employment, membership into organizations, and engaging in violence against homosexuals. Heterosexuals also express homophobia by avoiding acts that would cause people to think they were gay. It affects men the most like this because it hinders male friendships. Men do not want to get too close to their male friends, or express emotions because they might be considered gay. Homophobia restricts the lives of both gay and straight people. Laws against homosexual behaviors have been very punitive. In the American colonies homosexuals were put to death by burning or drowning. Sodomy, which is oral or anal sex, was against the law in the United States until 1961. Illinois became the first state to repeal the sodomy laws. Now only 13 states continue to have sodomy laws. Even though these laws apply to all segments of the population, they are usually enforced against homosexual men. â⬠Sodomy laws are used to harass homosexuals, especially gay men,à because women in general and lesbians in particular are socially invisible in societyâ⬠(Eitzen 304). An example of the injustice of sodomy laws is the case of Matthew Leeman. He has been sentanced to 17 years in prison under Kansas State sodomy laws. The details of the case are 18 year old Leeman was convicted of giving a 15 year old boy consensual oral sex due to violation of the stateââ¬â¢s sodomy laws. In Kansas sex with any minor is illegal, but there is also a Romeo and Juliet law that states sex with a minor is less of an offense if there is little age difference. Therefore if Leeman had given consensual oral sex to a 15 year old girl he would have received a 12 month sentance. But under the sodomy laws all same sex activities are illegal regardless of age, so the Romeo and Juliet exception does not apply to him. The case was appealed all the way to the Kansas State Supreme Court with the ruling upheld. So 18 year old Matthew Leeman will be in jail until he is 36 years old. The Supreme Court has upheld the right of states to prohibit sodomy in the case Bowers v. Hardwick in 1986. Recently the Supreme Court has decided it will revisit the issue of whether states can continue to prosecute homosexual men for having consensual sex in their homes. A descion is expected in June of 2003. Bars where homosexuals frequent are often raided by the police and many are arrested under the sodomy laws. This practice makes it difficult for homosexuals when they apply for jobs. Applications for employment ask if a person has a criminal record. Since some gays have records for violation sodomy laws, they must write it on their application. Both these offenses, having a record and being gay, makes employment less likely. Homosexuals, especially males, are highly discriminated against in activities considered to be super manly. Up until recently a person could not be gay in the military. Homosexuals were honorably discharged from the military. In 1993 President Clinton attempted to change this tradition. He received much opposition from politicians, citizens and the military. The result was a compromise, a donââ¬â¢t ask, donââ¬â¢t tell rule. This meant that the military personal was not to inquire about sexual preference, and that service members were not to be blatant about their sexual orientation. Another macho activity is sports. Gay men in sport have not been accepted. â⬠There is much at stake in maintaining the silence about gay men in sports and inà discouraging gay male athletes from revealing their identitiesâ⬠(Coakley 234). To even talk about homosexuals in sports would threaten the system of gender classification. The fact is though there are homosexuals in sports and they are discriminated against. In the locker room athletes use anti- gay banter as part of daily life. Homosexuals in sports live in fear of the truth about their sexuality coming out. Although recently studies have shown that organized sports are becoming less homophobic. People in sports are becoming more tolerant of homosexuals. But the value of a homosexual athlete is of core importance. â⬠Gay athletes with high human capital are much more likely to come out of the closet to their teams than are gay athletes with medium or low human capitalâ⬠(Anderson 12). As homosexuals are slowly accepted by society, the gender lines that inhibit so many will slowly be erased. Another way homosexuals are discriminated against is through family rights. No State in America allows marriage between members of the same sex. Aside from the emotional benefits, there are legal benefits that come with marriage. Health insurance coverage, inheritance of property, and tax benefits are just a few advantages that come with a legally recognized relationship. Parenthood is another aspect of life that homosexuals are disadvantaged. The rights of gay parents are usually denied. When two people divorce it is most often the mother that gains more custody. ââ¬Å"However if the mother is an acknowledged lesbian, this may jeopardize her claim to custodyâ⬠(Crooks 266). A homosexual man has an even harder time gaining custody, because he has a double disadvantage. Many gay couples are also denied the right to adopt children; in some states it is even illegal. Some lesbian couples have children through artificial insemination. The problem with this is that only the mother of the child is legally recognized as the parent. There are only eight states that ââ¬Å"second-parent adoptions by lesbians and gays have been approved in California, Oregon, Alaska, Washington, New York, New Jersey, Massachusetts, and Washington D.C.â⬠(Strong 356). Being homosexual should not prohibit people from raising a legally recognized family. There are two ways that homosexuals deal with living in a hostile society.à The first is to conceal their sexual preference from the world. When they are in the straight world they act heterosexual, and only within the confines of privacy do they act gay. The second strategy is to be a gay liberationist. Instead of keeping their sexuality a secret, they are openly gay at all times. They challenge societal norms in hopes that there will be a change in attitudes. Gay liberationist rose about in the early 1970s, after an event that took place earlier. On June 28, 1969, the police raided Stonewall Inn, a gay hangout. Instead of dispersing as usual, the customers rioted. This incident drew a lot of needed attention to problems of police harassment that homosexuals faced. ââ¬Å"In effect Stonewall resistance came to symbolize the birth of the modern gay rights movementâ⬠(Eitzen 312). Since Stonewall there have been many positive changes for gay rights. Now there are laws to protect the rights of homosexuals, where as before they had no laws protecting them. More and more people are coming out of the closet and are proud to be gay (A). As time continues homosexual rights will become stronger. This will only happen with the help of heterosexuals. Education is very important in the fight for gay rights. People must be informed that homosexuality is not a disease, or a sin; it is just the way of life for some people. Homosexuals are not monsters who should be put to death. Homosexuality has been around since before the written word, and each society deals with it differently. Our own society is not accepting of it. These are just humans who have a different sexual preferences than the members of normal society. Homosexuals have relationships, families, and even children, most of which are happy and healthy. They do things heterosexuals do such as serve in the armed forces and play sports. Yet society discriminates against them, even to the point of violence. Even though gay activists have made some difference in how society views their lifestyles, it is not enough. There needs to be more of a change. We as society should be more accepting of these people. If not we are the ones being deviant, with our policies of discrimination and harassment. Work Cited. Anderson, Eric. Openly Gay Athletes: Dealing with hegemonic Masculinity And Homophobia. University of California Coakley, Jay. ââ¬Å"Sport in Society: Issues and Controversiesâ⬠7th ed. Boston: McGrawHill, 2001. Crooks, Robert. Our Sexuality. 6th ed. Pacific Grove: Brooks and Cole, 1996. Curtan, Jim. ââ¬Å"Gay Liberation=Spiritual Liberation.â⬠Genre 81 (2000): 74. Eitzen, D. Stanley. Social Problems. 7th ed. Boston: Allyn and Bacon, 1997. Strong, Bryan. The Marriage and Family Experience, Intimate Relationships in a Changing Society. 7th ed. Belmont: Wadsworth, 1998.
Tuesday, October 22, 2019
Discuss the importance of Budget transparency in foreign direct investment in developing countries The WritePass Journal
Discuss the importance of Budget transparency in foreign direct investment in developing countries Introduction Discuss the importance of Budget transparency in foreign direct investment in developing countries Introduction What is Foreign Direct Investment and what are the determinants of FDI? Fitting the pieces together, FDI and Budget Transparency. Budget Transparency and FDI, Case Study evidence from Uganda: Conclusions and Implications: ReferencesRelated Introduction In recent literature, capital flows from rich to poor nations has become a subject for intense debate among development theorists. (Kolstad, 2008) Many development theorists have come to understand that foreign direct investment (FDI) can provide a positive incentive for growth and development in poor nations. The gains from FDI are numerous, and include technological and productivity spillovers, as well as reduced prices for downstream suppliers for domestic firms, increase demand in local labor markets, increased wages, and an increase in revenue streams for the domestic government. (Javorcik, 2004) Thus, understanding why foreign direct investment flows into some developing countries and not others can have a major impact on development policy in many organizations; including multinational organizations, intra-government development ministries, and private sector aid agencies. In traditional macroeconomic theory, capital flows from countries with a low marginal product of capital to those with a higher marginal product of capital. (Biswas, 2002) In reality however this does not uniformly occur. Furthermore, according to the IMF, ââ¬Å"there is no unique and widely accepted theory of foreign direct investment.â⬠(Lizondo, 1990) Classical macroeconomic theory therefore does not sufficiently explain foreign direct investment rates and supplement theories are required. There is a combination of theories that include numerous explanations of foreign direct investment in developing countries. These include, risk reduction (risk diversification) and market size, market imperfections, oligopolistic rivalry and product cycle hypothesis, liquidity of subsidiaries, currency exchange rates, and lastly political stability and domestic tax rates. (Lizondo, 1990) For the purposes of this essay, I will be focusing specifically on risk diversification, currency excha nge rates, political variables and domestic fiscal norms ââ¬âas these have the most applicability to budget transparency. Clearly, the outlined above determinants of foreign direct investments are all affected by budget transparency. The OECD Best Practices for Budget Transparency (2002) outlines the determinants of budget transparency, and the relevant institutional reforms necessary to maintain fiscal and monetary transparency, while ensuring accurate economic outlooks and protecting against off-budget expenditures. (OECD, 2002) Budget Transparency Foreign Direct Investment in Developing Countries 2011 Within this essay, I will make the argument that adopting fiscal and monetary transparency, while producing sound economic outlooks and protecting against off-budget expenditures -and complying with these rules in a coherent manner- should reduce the risk of investment in the eyes of foreign entities; which would in turn view increased foreign direct investment more favorably. In order to validate my argument, I will first look at the existing theory behind foreign direct investment, as well as the theory behind budget transparency, and then elaborate on the theoretical and logical link between the two. Lastly, in order to attach these theoretical frameworks to the true state of the world, I will examine a series of case studies. I will examine several states and look at budget transparency within these individual states, analyze the strengths and weaknesses of budget transparency within their government and its subsequent effects on their domestic economies, and then compare the flo w of foreign direct investment (net inflows) as a percentage of GDP. What is Foreign Direct Investment and what are the determinants of FDI? In order to fully understand why foreign direct investment is both affected by budget transparency, and beneficial to developing countries we need a clear working definition of what foreign direct investment actually is. According to the United Nations Development Program (UNDP), foreign direct investment as: ââ¬Å"â⬠¦investment made to acquire a lasting interest in or effective control over an enterprise outside the domestic economy of the investorâ⬠¦ FDI net inflows are the value of inward direct investment made by non-resident investors in the reporting economy, including reinvested earnings and intra-company loans, net of repatriation of capital and repayment of loans.â⬠Given this definition, in order to understand what determines the flow of foreign direct investment into a developing economy, and how it corresponds with budgeting transparency, we must understand the decision making process of entities wishing to invest in any particular economy. As mentioned in the introduction of this essay, this is more difficult then it appears as the topic is subject to ongoing academic debate. However, some common trends can be picked out of the academic thicket. Budget Transparency Foreign Direct Investment in Developing Countries 2011 In Determinants of Foreign Direct Investment (2002), Romita Biswas cites, Keefer and Knack (1995), Lee and Mansfield (1996), and Clague (1999) as explaining property rights and ââ¬âkey for our purposes- quality of governance as crucial to explaining net rates of foreign direct investment in emerging and developing economies. There are numerous indicators for this ââ¬Å"quality of governanceâ⬠variable; however for our purposes, the most important is government corruption and off budget expenditures, risk of expropriation by government officials and tax rates- all of which are either mitigated by or influenced directly by budget transparency. In support of these variables, Biswas finds that the introduction and interaction of the ââ¬Å"quality of governmentâ⬠variables (again, composed of the above variables) with traditional determinants of foreign direct investment, produces a highly statistically significant effect (5% level) on determining net inflows of foreign di rect investment. (Biswas, 2002) Taking the above into account, we might then explain in more detail the classical determinants of foreign direct investment in developing counties. First and foremost, firms undertake foreign direct investment as a means to mitigate risk. According to an International Monetary Fund working paper produced in 1990: ââ¬Å"â⬠¦a firm would presumably be guided by both expected returns and the possibility of reducing risk. Since the returns on activities in different countries are likely to have less than perfect correlation, a firm could reduce its overall risk by undertaking projects in more than one country. Foreign direct investment can, therefore, be viewed as international portfolio diversification at the corporate level.â⬠(Lizondo, 1990) This tells us that entities diversify risk by spreading foreign direct investments -principally in capital- across many countries. Further expanding on this, we can make a small logical step. We can then assume that entities, wishing to diversify risk would assess the risk inherent in individual economies. Rather than just spreading capital over a high number of developing economies, the entity would pick and choose which developing and emerging economies to locate capital in, and prioritize those locations according to domestic risk ââ¬âas assessed from the factors mentioned in the introduction. This is a crucial assumption because it says a great deal about the nature of economic entities. In principle, it tells us that these actors do not simply look at the marginal product of capital and prioritize foreign Budget Transparency Foreign Direct Investment in Developing Countries 2011 direct investment accordingly. Indeed, we assume for the purposes of this essay that economic entities wishing to engage in foreign direct investment balance risk along with their marginal product of capital for individual developing economies. Moving on from assumptions to other classical determinant of foreign direct investment, we can look at the strength of the entities domestic currency, weighted against the strength of the currency of the recipient economy- destination of the foreign direct investment. This theory is based on ââ¬Å"capital market theoryâ⬠and the strength of exchange rates. In essence, the theory proposed by Aliber (1970, 1971) hypothesis that the stronger the domestic currency of the actor wishing to partake in foreign direct investment, against the currency of the recipient economy, the more likely it is that this actor is to undertake foreign direct investment. Further, this theory explains this relationship primarily through the preference of an investor to hold a select currency. (Blonigen, 1997) Numerous studies to test this theory have shown that there is indeed a statistically significant negative correlation between strength of currency and net inflows of foreign direct investment. (Bis was, 2002 Blonigen, 1997) Lastly, another determinant of foreign direct investment -which has been studied with mixed results-, is domestic fiscal norms. While the literature on this particular determinant has yielded mixed results, we must still give attention to both the status quo and risk inherent in the fiscal norms of the recipient economy. Given the assumption above -that entities wishing to engage in foreign direct investment assess and quantify the risk of their investments of capital in all individual economies they wish to invest in- we can ascertain that fiscal frameworks play some role in that assessment. Included in fiscal norms are both the tax rates, and the stability of those norms. We can make the assumption that both unfavorable tax rates and instability of fiscal norms will have a negative impact on foreign direct investment. This subject has been partially studied with some encouraging results. In a 2007 International Monetary Fund piece, published in the Journal of Comparative Economics the authors find that the policy environment (including fiscal policy) does have a significant effect on levels of FDI. (Demekas, 2007) Budget Transparency Foreign Direct Investment in Developing Countries 2011 Before moving to connect the above determinants of FDI with budget transparency theory, I would briefly like to touch on the interconnected nature of the above determinants of FDI as well as to summarize for the sake of clarity. Above, I cite numerous studies that explain risk, fiscal policy, currency strength, and quality of governance as the crucial determinants of foreign direct investment. Furthermore, hidden in the quality of governance index are several factors that some perceptive academics have looked into; namely government corruption, risk of expropriation by government officials and tax rates. Now, as weââ¬â¢ve discussed fiscal policy, corruption, and risk of expropriation have been mentioned and studied as both an independent contributor to foreign direct investment, as well as part of a ââ¬Å"quality of government index.â⬠In essence, all of these variables have been studied and in one way or another, and have been found to contribute to net inflows of foreign d irect investment. Furthermore, these variables all are directly affected or are altered by the application of budget transparency theory. We will now examine the definition of budget transparency, its application to developing nations, and how the above determinants of foreign direct investment fit into budget transparency theory specifically. Fitting the pieces together, FDI and Budget Transparency. In order to accurately and neatly fit the determinants of net inflows of foreign direct investment together with budget transparency, we need to clearly define what budget transparency is, and its applicability to developing economies. Keeping in mind both the aggregate ââ¬Å"quality of governanceâ⬠determinant of foreign direct investment as mentioned in the previous section -and its subsidiary parts- the OECD explains that, ââ¬Å"The budget is the single most important policy document for governments.â⬠Furthermore, the OECD explains that budget transparency can be defined, ââ¬Å"â⬠¦as the full disclosure of all relevant fiscal information in a timely and systematic manner.â⬠(OECD, 2002) By maintaining the assumption that, in order to mitigate risk, entities wishing to engage in foreign direct investment prioritize possible recipient economies in terms of their risk and reward, we can see that the level of budget transparency greatly influences many of the ke y determinants of net Budget Transparency Foreign Direct Investment in Developing Countries 2011 inflows of FDI at both the aggregate level in the recipient economy, as well as the individual entities decision of whether or not to engage directly a recipient economy. We will now move to accessing individual determinants of net inflows of FDI in terms of budget transparency norms, attempt to tie them to OECD best practices on budget transparency, before finally concluding this section spending some time on the applicability of budget transparency to developing economies. First, we will talk about the currency determinant of foreign direct investment as it relates to budget transparency. Fundamentally, currency exchange rates are affected by interest rates and the amount currency in circulation ââ¬âboth of which are directly affected by government debt. The budget transparency outline is first and foremost a budget document that is designed to ââ¬âamong other things- impose fiscal disciple on a government. (OECD, 2002) This fiscal disciple influences currency strength by (theoretically) lowering the debt incurred by governments, as well as providing for more accurate revenue forecasts. The OECD outlines the conditions for these outcomes in several key areas. First in section 1 by outlining that the government should provide a comprehensive list of all government activities, a forecast of future and previous fiscal yearââ¬â¢s government expenditure and revenue, and a complete list of all government liabilities. (OECD, 2002) These measures in the OECD guide have been linked to improved fiscal stability and lower debt ratios of governments in developing countries. For instance, Kopits and Craig (1998) assert that, ââ¬Å"better-performing countries (those with better debt ratios and higher levels of FDI)â⬠¦ generally follow more transparent fiscal norms.â⬠Similarly, Alesina, Hausmann, Hommes, and Stein (1996) find that budget institutions do affect fiscal outcomes. They explain that more hierarchical (as defined by their index) budget institutions produce lower debt to GNP ratios. From this we can extrapolate that a key condition for entities willingness to engage in foreign direct investment is met by increasing budget transparency, through increasing currency stability as well as balancing government accounts. Budget Transparency Foreign Direct Investment in Developing Countries 2011 A closely related determinant of foreign direct investment is domestic fiscal norms in the recipient economy. Conceivably, entities wishing to engage in foreign direct investment would evaluate not only the current fiscal conditions of a recipient economy, but also the fluctuations in this fiscal regime. Viewing highly unstable fiscal conditions as a far higher risk, these entities would then prioritize their investments accordingly. Working under this assumption, we can see how the OECD budget transparency guidelines both improve fiscal outcomes, as well as stabilize the budget process, providing for long run fiscal stability. In Fiscal Discipline and the Budget Process (1996) Alesina and Perotti hypothesize that the implementation of budget transparency and a normative budget process should improve long-run fiscal performance. Using these findings as a working assumption, we can draw a clear parallel from specific elements of the OECD Best Practices of Budget Transparency and impro ved long-run fiscal performance. More specifically, we can see that stipulations corresponding to medium-term expenditure frameworks, and the long-term report of government fiscal challenges ââ¬âincluding demographics among other things- should in theory stabilize the budgetary process, and thus the fiscal situation in the long-run. Lastly, we will turn out attention to a fuzzy term, namely the ââ¬Å"quality of governanceâ⬠indicator used in so many studies, as well as its subsidiary parts. As mentioned in prior sections, the ââ¬Å"quality of governanceâ⬠indicators, as well as its sub components were shown to have a highly statistically significant effect on net inflows of foreign direct investment. This broad index covers many areas of interest; these include variables such as political stability, level of democratization, and the ââ¬Å"policy environment.â⬠For the purposes of this essay however, we will be looking at specifically government corruption, the risk of expropriation, and how budget transparency affects these variables, as well as quality of governance in a broad perspective. Looking at budget transparency and government corruption first, we see that the literature on government transparency and corruption is extensive. In Is Transparency the Key to Reducing Corruption in Resource-Rich Countries? (2008), Ivar Kolstad and Arne Wiig explore transparency as a means to push Budget Transparency Foreign Direct Investment in Developing Countries 2011 developing countries out of the resource paradox. They conclude that, ââ¬Å"Transparency can reduce bureaucratic corruption by making corrupt acts more risky, by making it easier to provide good incentives to public officials, and by easing selection of honest and efficient people for public service.â⬠(Kolstad, 2008) This is especially important within the context of developing economies because these economies have a higher probability of being highly resource dependent. Within the context of the OECD standards for budget transparency, expenditure is classified by administrative unit, financial liabilities are more acutely planned for and the development of more thorough employee compensation obligations provides that government administrators are thus less likely to experience gaps or disruptions in compensation. Furthermore, adhering to budget transparency norms reduces the risk of embezzlement of government funds by creating a clear and routine audit framework. The additional oversight mentioned above can also help to mitigate the risk of expropriation of foreign actors wishing to engage in foreign direct investment. In Democracy, Autocracy, and Expropriation of Foreign Direct Investment (2009), Quan Li explains that ââ¬Å"â⬠¦governments are most likely to expropriate foreign investment when leaders face little political constraint.â⬠While Quan Li works directly with variables found very often in expropriation literature, -namely rule of law, property rights, investment behaviors, and privatization reforms- I would make the argument that budget transparency helps to mitigate the likelihood of expropriation through better revenue stream planning, as well as the imposition of government fiscal norms. Foreign entities are most at risk of expropriation when operating in countries with unstable fiscal balance sheets, which implies both poor budget transparency and inadequate fiscal norms. In recent history, a prime example of this phe nomenon was Hugo Chavez of Venezuela ordered the nationalization of oil production operations owned by two foreign firms. According to the International Budget Partnership Venezuela, ââ¬Å"lacks information on fiscal activitiesâ⬠¦ including extra-budgetary funds, and quasi-fiscal activities.â⬠(IBP, 2011) This lack of transparency would imply very few constraints on political Budget Transparency Foreign Direct Investment in Developing Countries 2011 leaderââ¬â¢s ability to affect fiscal and economic conditions in Venezuela, which likely contributed to the expropriation of private firms for political purposes. In summarizing budget transparencies effect on determinants of foreign direct investment, we should briefly note that all of the above factors affect the risk inherent when a foreign entity is deciding whether or not to invest in a recipient economy. Currency considerations, the stability of domestic fiscal norms, quality of governance ââ¬âmore specifically corruption and risk of expropriation- are all mitigated by properly enacted budget transparency measures. Using the OECDââ¬â¢s guide to budget transparency I have outlined which elements of the guide apply to each of the above determinants. Going further, we can talk briefly about the applicability of these reforms within the context of developing economies. In Budgeting in Poor Countries: Ten Common Assumptions Re-examined (1980), Naomi Caiden challenges many common budgeting assumptions relevant to the context of developing economies. Most importantly for our purposes, are the assumptions dealing with national economic planning and inadequate resources. Caiden explains that national economic planning with regard to budgeting norms should be used to coordinate development objectives. This argument holds merit in that extremely detailed development plans require vast resources, expertise and foresight by governments that are typically short of all three in one way or another. This same argument holds true for countries with a sever lack of resources- both expertise and financial. However, I would argue against this line of thought on the basis that increased foreign direct investment offsets the costs of implementing budget transparency. Increases in revenue, technological and management spillovers (Aitken, 1999), increased productivity of domestic firms, combined with the other benefits of budget transparency, especially with regard to improved fiscal performance and an increase in quality of governance; the benefits should outweigh the costs in the minds of most policy makers. Budget Transparency and FDI, Case Study evidence from Uganda: We now move to an in-depth case study of Uganda to show how the effects of budget transparency can directly increase levels of foreign direct investment. Budget Transparency Foreign Direct Investment in Developing Countries 2011 Uganda is a sub-Saharan African nation that has seen considerable political and economic turmoil over the last fifty years. Throughout much of the 1960s Uganda had a robust economy; however political instability, poor macroeconomic policies by its government, and economic shocks with roots in the global market quickly deteriorated this advantageous economic situation. Due to these factors, chief among them poor macroeconomic policy, the 1970s and 1980s experienced high levels of inflation due to dramatic mismanagement of public debts. (Kuteesa, 2006) The greatest factor in this period of economic destabilization was the government was printing money to finance public sector deficits, which lead to very high rates of inflation. (Mwenda, 2005) As a result of these economic problems Ugandaââ¬â¢s net flow of foreign direct investment flat lined at zero percent of GDP. (World Bank) Furthermore, industrial production fell by 3.9% annually from 1983-86. This decline in industry made Ugan da more heavily dependent on agriculture which was also experiencing poor performance due to the economic conditions. (Mwenda, 2005) However, in 1987 Uganda ââ¬âwith the help of the International Monetary Fund, World Bank and other donors- initiated an Economic Recovery Programme whose aim was to, reduce inflation, balance the budget, and implement sound fiscal and monetary policy. (Kuteesa, 2006) These policies had a dramatic effect on the Ugandan economy, producing healthy GDP growth since the late 1980s. With the stabilization of the currency, improved public debt management, and a clear adherence to thoughtful fiscal norms, foreign direct investment began to grow in the few years following the reforms. However, it is very important to note that the Economic Recovery Programme overseen by the IMF and World Bank did not produce immediate rises in foreign direct investment. Indeed this economic reform package was implemented in 1987 and Uganda did not see any significant increase in net inflows of foreign direct investment until 1993. (World Bank) Hence there is a six year gap where serious economic recovery wasnââ¬â¢t enough to entice foreign entities to invest in Uganda, despite the improvement in public debt management and the curbing of inflation. Budget Transparency Foreign Direct Investment in Developing Countries 2011 Although, in the end of 1992 beginning of 1993 Uganda embarked on a reform scheme aimed at increasing budgetary discipline. These changes to the budget system included, enhancing fiscal discipline, enhancing efficiency and effectiveness of public expenditures, improved financial management and accountability, and finally, improving transparency and openness of the national budget processes. (Mwenda, 2005) As consistent with the OECD guide to budget transparency, the Ugandan government adopted a clearly defined system of cash accounting, overseen a realignment of policy objectives to an outcome/output orientation, undertaking clear public expenditure reviews (performance auditing), and lastly increased the scrutiny of parliament through the newly formed Parliamentary Committee on the Budget. In adopting these reforms, many of which explicitly outlined in the OECD guide to budget transparency, we can see a noticeable effect on all of our aforementioned determinants of foreign direct in vestment. The Ugandan currency (shilling) has experienced stable rates of inflation, around 4.6%. (World Bank) The level of corruption in Uganda while still quite widespread is on par with that of its neighboring countries. Further, the perception of corruption in Uganda has become less and less accepted over the past decade. (Transparency International) Crucially on the topic of corruption, the International Monetary Fund and World Bank have stated that as African governments adopt reforms aimed at budget transparency and various administrative reforms would, ââ¬Å"lead to the emergence of a smaller and more competent state, one in which there would be fewer opportunities for corrupt behavior.â⬠(Mwenda, 2005) The dramatic budgetary reforms, along with the macroeconomic corrections, have produced stable and predictable fiscal norms, as well as fiscal decentralization within Uganda. In 1993 -just after these budgetary reforms-, Uganda began to see levels of foreign direct investment for the first time in almost twenty years. Recently, the International Budget Partnership (UBP) has shown an increase in the level of budget transparency in Uganda. From a score of 31% on the budget transparency scale (0-100%), the Ugandan government has steadily increased its level of budget transparency to 55% as of the latest survey in 2010. According to Budget Transparency Foreign Direct Investment in Developing Countries 2011 the IBP, Uganda publishes a comprehensive citizens budget document, publishes decent (grade of C) In-Year Reports, produces a very substantive (grade of A) Pre-Budget Statement and enacts the national budget in a clear and concise manner which has the rule of law once enacted. Since improving its budget transparency index, and putting fiscal practice in line with international best practice ââ¬âas outlined by the OECD- Uganda has predictably seen a sizeable increase in net in-flows of foreign direct investment, growing from just 2% of GDP to over 7% of GDP over the last decade. (World Bank) Conclusions and Implications: In this essay I attempted to summarize the theoretical determinants of foreign direct investment, connect them to OECD best practices of budget transparency, and then link the two together in a clear and concise real world case study ââ¬âUganda. In summarizing the determinants of FDI, we can see that currency strength, domestic fiscal norms, level of corruption, risk of expropriation all contribute to, and are interconnected to the risk inherent in undertaking foreign direct investment. We should care about this topic because in the current fiscal climate, governments around the world are cutting expenditure making foreign aid to developing countries less and less sustainable while such economic uncertainties exist. Thus, it is important for developing economies and the governments wishing for better outcomes for their people to find alternative modes of development revenue, foreign direct investment provides such revenue. Along with increased revenue, FDI in developing economies also provides numerous positive spillovers which include, technological and managerial gains by domestic firms, increased domestic production, and increased downstream profits for domestic enterprise. However, there is some serious resource problems associated with undertaking budgeting reforms. As mentioned above, I believe that the benefits vastly outweigh the costs of undertaking such reforms. Adopting budget transparency has led to more favorable fiscal and monetary outcomes, a check on corruption, better governance, increased citizen involvement, and the subject of this essay, increased FDI. Budget transparency should be seen as a priority for developing countries. It is Budget Transparency Foreign Direct Investment in Developing Countries 2011 not however a panacea, or a fix all for developing countries. Budget transparency can be seen however as a substantial first step towards integration into the world economy through increases in FDIs and a first step towards getting out of the resource/aid paradox for developing nations. Budget Transparency Foreign Direct Investment in Developing Countries 2011 References * Aitken, Brian J. and Harrison, Ann E. 1999. Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela American Economic Review, Vol. 89, No. 3 pp. 605-618 * Alesina, Alberto and Perotti, Roberto 1996. Fiscal Discipline and the Budget Process, American Economic Review, Vol. 86, No. 2 * Alesina, Alberto, Hausmann, Ricardo, Rudolf, Hommes, and Stein, Ernesto. 1996. Budget Institutions and Fiscal Performance in Latin America. Working Paper 5586, National Bureau of Economic Research.. 447-465 * Allen, Richard. 1996. The Challenge of Reforming Budgetary Institutions in Developing Countries IMF Working Paper, Fiscal Affairs Department *Asiedu, Elizabeth. 2001. On the Determinants of Foreign Direct Investment to Developing Countries: Is Africa Different? World Development Vol. 30, No. 1, pp. 107-119. * Biswas, Romita. 2002. Determinants of Foreign Direct Investment. Review of Development Economics, 6(3), 492ââ¬â504 * Blalock, Garrick and Gertler, Paul J. 2008. Welfare gains from Foreign Direct Investment through technological transfer to local suppliers. Journal of International Economics Vol. 74 pp. 402-421. * Blondal, Jon R. 2003 Budget Reform in OECD Member Countries: Common Trends. OECD Journal on Budgeting Vol.2, No. 4 * Blonigen, Bruce A. 1997. Firm-Specific Assets and the Link between Exchange Rates and Foreign Direct Investment. The American Economic Review, Vol. 87, No. 3 pp * Borensztein, Gregorio, and Lee. 1998. How does foreign direct investment affect economic growth? Journal of International Economics Vol. 45 pp. 115ââ¬â135 Budget Transparency Foreign Direct Investment in Developing Countries 2011 * Busse, Matthias and Hefeker, Carsten. 2007. Political risk, institutions and foreign direct investment. European Journal of Political Economy Vol. 23 pp. 397-415. * Caiden, Naomi. 1980. Budgeting in Poor Countries: Ten Common Assumptions Re-Examined, Public Administration Review, Vol. 40, No. 1 pp. 40-46 * Demekas, Dimitri G., Horvth, Balzs., Ribakova, Elina., Wu, Yi. 2007. Foreign Direct Investment in European transition economies- The role of policies. Journal of Comparative Economics 35 (200 * Duce, Maitena and Espaà ±a, Banco de. 2003. Definitions of Foreign Direct Investment (FDI):a methodological note Banco de Espaà ±a, International Economics and International Relations Department. * Foreign Direct Investment in Emerging Market Countries. (2003) Report of the Working Group of the Capital Markets Consultative Group. * Hameed, Farhan. 2005. Fiscal Transparency and Economic Outcomes. International Monetary Fund Working Paper. WP/05/225 7) 369ââ¬â386 * International Budget Partnership. Uganda Info. internationalbudget.org/what-we-do/open-budget-survey/?fa=countryDetailsid=2311countryID=UG * Jarmuzek, M. 2006. Does Fiscal Transparency Matter? The Evidence from Transition Economies. Warsaw, Poland: Center for Social and Economic Research. * Javorcik, Beata Smarzynska. 2004 Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages. The American Economic Review Vol. 94 No. 3, pp. 605-627. * Kopits and Craig (1998) Transparency in Government Operations. International Monetary Fund. Occational Paper 158. * Kolstad, Ivar and Wiig, Arne. 2008. Is Transparency the Key to Reducing Corruption in Resource-Rich Countries? World Development Vol. 37, No. 3, pp. 521-532. * Kraan, Dirk-Jan. 2004. Off-budget and Tax Expenditures. OECD Journal on Budgeting Vol.4, No. 1 Budget Transparency Foreign Direct Investment in Developing Countries 2011 * Kuteesa, Florence, Magona, Ishmael, Wanyera, Maris and Wokadala, James. 2006. Uganda: A Decade of Budget Reform and Poverty Reduction. OECD Journal on Budgeting Vol 6 No. 2. * Li, Quan 2009. Democracy, Autocracy, and Expropriation of Foreign Direct Investment. Comparative Political Studies 2009 42: 1098 * Lizondo, Saul J. 1990. Foreign Direct Investment. International Monetary Fund Working Paper. WP/90/63. * Markusen, James R., Venables, Anthony J. 1999. Foreign direct investment as a catalyst for industrial development. European Economic Review Vol. 43, pp. 335-356 * Mello, Luiz R. de Jr. 1999. Foreign direct investment-led growth: evidence from time series and panel data. Oxford Economic Papers 51, pp. 133-151. * Mwenda, Andrew M. and Tangri, Roger. 2005. Patronage Politics, Donor Reforms, and Regime Consolidation in Uganda. African Affairs, 104/416, pp. 449-467. * OECD Best Practices for Budget Transparency. 2002. OECD Journal on Budgeting. 1(3): 7-14. * Ram, Rati and Zhang, Kevin Honglin. 2002. Foreign Direct Investment and Economic Growth: Evidence from Crossâ⬠Country Data for the 1990s. Economic Development and Cultural Change, Vol. 51, No. 1 pp. 205-215 * Renzio, Paolo de, Gomez, Pamela and Sheppard, James.2009. Budget transparency and development in resource-dependent countries UNESCO 2009. Published by Blackwell Publishing Ltd. * Schneider, Friedrich and Frey, Bruno S. 1985. Economic and Political determinants of Foreign Direct Investment. World Development, Vol. 13, No. 2, pp. 161-175, * Transparency International Global Corruption Report(s). transparency.org/publications/gcr * Walsh, James P. and Yu, Jiangyan. 2010 Determinants of Foreign Direct Investment: A Sectoral and Institutional Approach. IMF Working Paper, Asia Pacific Department. WP/10/187. Budget Transparency Foreign Direct Investment in Developing Countries 2011 * World Bank Data Indicators. http://data.worldbank.org/indicator
Monday, October 21, 2019
010 Distinguishing They Say and I Say Professor Ramos Blog
010 Distinguishing They Say and I Say Weekly Journals Quick Write What questions do you have about the journals? Weekly Journals The chapter we read for today is particularly important for your weekly reading journals. You need to summarize what someone else said, then respond to it. In order to do that, you have to signal what someone else has said and when you are adding to or responding to that. Why Rural America Voted for Trump Robert Leonard, ââ¬Å"Why Rural America Voted for Trumpâ⬠[p. 279] Democrats think people are fundamentally good. Republicans think people are fundamentally bad. Doà you think people are good? Jonathan Haidt: Can a Divided America Heal? 20 Minutes. Jon Haidt is a Social Psychologist. Write down anything you think is important or that stands out to you. Write down any words you donââ¬â¢t know so we can make a list for everyone. ââ¬Å"Me against my brother; me and my brother against our cousin; me and my brother and cousins against the stranger.â⬠Chp 5, ââ¬Å"And Yetâ⬠Distinguishing Whatà Youà Say from Whatà Theyà Say Chapter 5 (p. 68) introduces you to the termà voice markersà in order to help you distinguish the ââ¬Å"I sayâ⬠from the ââ¬Å"They say.â⬠This is a very important move since we are now including the ââ¬Å"They sayâ⬠in your writing. If you do not do this clearly, the reader will be confused as to your position and you may seem to contradict yourself. The templates help you with specific ways of signaling who is saying what, and to embed the voice markers. Being able to distinguish your own view from the common view is a ââ¬Å"sophisticated rhetorical move.â⬠Using ââ¬Å"Iâ⬠or ââ¬Å"Weâ⬠The chapter also covers using the first person in academic writing, ââ¬Å"Iâ⬠or ââ¬Å"we.â⬠You have likely been told to not or never use the I in college writing. The book argues that well-supported arguments are grounded in persuasive reasons and evidence, not in the use of or nonuse of pronouns. Free Write Take the topic you are thinking about researching for your report and write it at the top of a page. For the next five minutes I want you two write down everything you know about it. Do not edit as you write. Just keep writing and see where it takes you. Just keep writing. If you thought runs out, skip a line and start a new thought. Keep writing. Figure out what you know and what you need to research.
Sunday, October 20, 2019
urban fashion essays
urban fashion essays Fashion Trends Have Effected females Self-esteem Fashion can be thought of as a type of art utilizing cultural materials to transform the appearance of the natural body. It communicates things like social status and sex as well as enhancing attractiveness. While it may have evolutionary links with the flamboyant displays of peacocks and other birds it is clearly a way in which humans distance themselves from the natural world. Through the years, the definition for what was thought to be beautiful has changed a great deal, but culture as always had control over womens bodies. The multi-billion dollar fashion and beauty industry of today moves at such a fast pace that trends come and go everyday. What was considered beautiful two hundred years ago probably wouldnt be thought of in the same way today? The fashions and trends that have occurred over the past four decades are leading to a problem that is getting worse every year. It was somehow decided many years ago that it was desirable for women to be thin, or at least not over weig ht. And it seems that most beautiful and most admired women of todays age get smaller every year. To understand where we are at today, we must first understand the major influences that have happened in the fashion industry in the past 40 years. What has to be known as the Youth Culture started in the 1960s? During the same period of time Barbie was introduced to young girls. Though meant to be an ideal in feminine glamour, Barbie was very unrealistically proportioned, with larger than average breasts, extremely long legs, and very slender hips. Fashion went to extremely different lengths during this decade. The fashion industry cut inches from the hems of skirts, creating the very popular miniskirt. Women started wearing bikinis instead of one-piece bathing suits, and tight fitting body suits also became popular. These fashion revolutions"...
Saturday, October 19, 2019
The Naturalist and Christian answers to Foundation Worldview Questions Assignment
The Naturalist and Christian answers to Foundation Worldview Questions - Assignment Example When first studying a worldview, it is often helpful to review a variety of definitions for that belief system. Each author brings a different emphasis, providing a fuller understanding of that worldview. Naturalism is the belief that nature is all there is. There is nothing outside of nature, or if there is, it is unknowable. All phenomena, whether physical, biological, psychological, or even spiritual, can be completely explained by laws of nature. God, in this metaphysical system, is inherently a product of human imagination, and therefore a relic from prescientific times, when humans knew no better than to attribute to a supernatural being their own existence and that of everything else they encountered (Johnson, n.d.). In contrast, the question is answered with a resounding "Yes" by someone with a Biblical worldview. Unlike the naturalist who says that matter is eternal, the Christian says that only God is eternal and all matter was created by God. The idea that there is no God has significant impact on the naturalists ethics. If there is no God, then there is no objective, external standard for ethics. There is no way to objectively define right and wrong outside of mankind. Since there is no standard for ethics outside of mankind, ethics are defined by ones culture and society.
Subscribe to:
Posts (Atom)