Thursday, December 26, 2019

The Theme Of Love In A Rose For Emily - 1048 Words

Love can make people do crazy things, especially if it is not returned. In William Faulkner’s â€Å"A Rose for Emily,† he introduces a character named Emily Grierson. Emily was a big component to the city which made the townspeople treat her like a celebrity.She was known to be a â€Å"monument† (part I: paragraph I) to the town because her father was a well-respected man. Her father was noted to control her life making it where she could not be with anyone. After his death, she had to become acclimated with the change in her life which actually never happened. Emily falls in love with a man, only for his love to not be returned which caused her to do something unbearable.Emily’s restriction from a loving relationship from a male, other than her†¦show more content†¦She is faced with the unknown because she has never been without her father in her life. Moreover, Stockholm syndrome is condition that can be associated with the fact her father kept her from men. It would not be that he loved her in that certain way as wanting to be in a relationship with her or vice versa, but as if he was trying to protect her from something. Stockholm syndrome is when a victim develops strong feelings for their captor. Her father would be her captor in this case. He kept her away from love, without a reason being, except for no one was good enough for her. â€Å"We remembered all the young men her father had driven away†¦Ã¢â‚¬ . (section II:paragraph 16). Emily had to deal with his way of life until there was no more of him. She was â€Å" thirty and was still single† (section II:paragraph 13)which did not please the townspeople. â€Å" After her father’s death she went out very little; after her sweetheart went away, people barely saw her at all.†(section II:paragraph 2). The townspeople said when they saw her again, â€Å" her hair was cut short, making her look like a girl†¦ resemblance to those angels i n colored church windows.†(section III: paragraph I).This proves that after being â€Å" locked away† for so long, she was able to be who she wanted to be. She found herself with more confidence with who she was becoming then from who she used to be. Her father was not there runningShow MoreRelatedCompare and Contrast â€Å"the Flowers† and â€Å"a Rose for Emily† Essay712 Words   |  3 PagesCompare and Contrast â€Å"The Flowers† and â€Å"A Rose for Emily† In comparing Alice Walker’s story â€Å"The Flowers† with that of William Faulkner’s â€Å"A Rose for Emily,† there are similarities and differences. The main difference in the stories is the way the characters react to the deaths. There are similarities such as the main characters of both stories personally face a dead body, both stories share the symbolism of flowers, and both present a theme of death. In â€Å"The Flowers,† Myop innocently stumblesRead More Symbolism and Theme in William Faulkners A Rose for Emily Essay examples1463 Words   |  6 PagesSymbolism and Theme in William Faulkners A Rose for Emily  Ã‚  Ã‚   In William Faulkners short story A Rose for Emily, a series of interconnected events collectively represent a single theme in the story. Symbolism is the integral factor involved in understanding the theme. A Rose for Emilys dominant theme is the search for love and security, a basic human need which can be met unfavorably in equivocal environments. Faulkners use of symbolism profoundly develops the theme of the story, bringingRead MoreLiterature and Aspects of the Human Experience Essays1584 Words   |  7 Pagesexperience of love is one that every person can relate to. Three examples of literature that share this theme of love are: â€Å"A Rose for Emily†, â€Å"Love Song†, and â€Å"A Doll’s House†. Although some of the stories deal with family and parental love, this paper will focus on the aspect of romantic love. In the story â€Å"A Rose for Emily† by William Faulkner romantic love was between Emily and the doomed Homer Barron; the poem â€Å"Love Song† by Joseph Brodsky gives the declarations of a man in love; and finallyRead MoreAmerican Gothic Compare and Contrast Essay 930 Words   |  4 Pagesthe truth is, how things really happened and it doesn’t sugar coat anything. In â€Å"A Rose for Emily† Emily becomes a sad and depressed person who will do something completely unexpected. In â€Å"The Lottery† the townspeople have a twisted tradition that takes place once a year. These two stories have a lot of comparison and contrast dealing with theme, foreshadowing and imagery. Both â€Å" The Lottery† and â€Å" A Rose for Emily† are American Gothic, they focus more on the dark side of life. For example â€Å" ThenRead MoreAnalysis Of William Faulkner s A Rose For Emily1526 Words   |  7 PagesWilliam Faulkner uses theme, imagery and symbolism to highlight the decline of the South in his short story â€Å"A Rose for Emily.† William Faulkner is the author of â€Å"A Rose for Emily.† In â€Å"A Rose for Emily† the story starts off at Emily’s funeral, and the whole town is there too. The men went out of respect for losing a person who had been a citizen of Jefferson for a long time, and the women went because they wanted to see what her house looked like because only a select few have seen it in the lastRead MoreEssay A Rose for Emily: Literary Analysis 2990 Words   |  4 PagesENG 102 Analysis Research Paper 09-25-10 Literary Analysis William Faulkner’s short story â€Å"A Rose for Emily† carries a theme represented by a dying breed of that era, while using symbolism to represent tragedy, loneliness and some form of pride, the story also shows how far one will go to have the approval of others and the pursuit of happiness. In today’s times, a person’s image could mean everything in life and almost everyone tries to fit into the main stream in some form at some pointRead MoreAnalysis of the Gothic Fiction Books, The Cask of Amontillado and A Rose for Emily1191 Words   |  5 Pages      Analysis of â€Å"The cask of Amontillado† and â€Å"A Rose for Emily†        In this paper, I choose the Gothic fictions â€Å"The Cask of Amontillado† and â€Å"A Rose for Emily† to compare. I like them as these two works are very exciting with suspense. Next I will compare them on three aspects.    The first is the theme. A Rose for Emily, written by William Faulkner, is a short story about the life and death of Miss Emily Grierson. The reader is told the story in flashback. Its structure is broken downRead MoreWilliam Faulkner s A Rose For Emily1316 Words   |  6 Pagesin the writing. In order to fully enjoy William Faulkner’s â€Å"A Rose for Emily† readers must do the latter. Faulkner is a witty writer; some symbols are less obvious than others in his writing. To fully appreciate and obtain full meaning of the text readers must pay attention to his symbols and how they contribute to the greater theme. William Faulkner uses symbolization in â€Å"A Rose for Emily† to develop a theme of personal struggle. Emily faces many personal struggles: her relationship with the townspeopleRead MoreEssay on Oh Who Will Protect Poor Emily?1027 Words   |  5 PagesIn Faulkner’s â€Å"A Rose for Emily†, there is a constant theme of protection for Emily Grierson, because she was a woman living in the south after the civil war and the requirements that were placed on women enable to be honorable. That is to say that, women needed to be protected by the men of the community during that time in history and women’s actions were constantly under watch to see if a woman was honorable and worthy of protection or not. Within the story, there are many instances in which thisRead MoreA Rose for Emily731 Words   |  3 Pageselements of â€Å"A Rose for Emily† Gothic can be defined as â€Å"literature dealing with the strange, mysterious, and supernatural designed to invoke suspense and terror in the reader.† (Pickering, 2004, p. 1425) Gothic literature generally presents the same themes and motifs: love lost, hidden secrets, love and death hand in hand, beauty, youth, grotesque characters, macabre eroticism, etc. Gothic literature also explores taboo subjects such as murder, suicide and incest. â€Å"A Rose for Emily†, by William

Tuesday, December 17, 2019

Bussiness Qa Essay - 761 Words

Chapter Three The World Marketplace: Business without Borders Review Questions 1. What countries represent the largest global business opportunities for the next decade? What factors determine the size of the opportunity? China, India and Brazil are some of the largest growing global businesses. These comes from many different factors; GDP growth and population are two major causes. China has the largest populations in the world along with the fastest growing GDP percentages. Brazil’s population is not as large but does has a high GDP percentage, and also a high Dollar Pre Capital GDP. 2. Why do companies tend to thrive in global markets when their country of origin enjoys a comparative advantage†¦show more content†¦Instead of relying only on domestic workers, many companies also outsource some of their labor into foreign markets. This practice can have negative effects on the economy overall, individual businesses can often benefit from this practice. Outsourcing offshore can allow companies to tap into foreign markets and expand their businesses. 6. Outline the potential pros and cons of the 3 key strategies for developing foreign markets: exporting, licensing and franchising, and direct investment. Exporting |Pros: |Cons: | | | | |Access to Factors of Production |Product Modification | |Reduced Economic Risk | Export Licenses and Documentation | |Inflow of Innovation | Financial Risk | Licensing and Franchising |Pros: |Cons: | | Marketing Support |Company Image | | BusinessShow MoreRelatedBussiness Qa Essay1476 Words   |  6 PagesChapter Three The World Marketplace: Business without Borders Review Questions 1. What countries represent the largest global business opportunities for the next decade? What factors determine the size of the opportunity? 2. Why do companies tend to thrive in global markets when their country of origin enjoys a comparative advantage in their industry? 3. Explain how to calculate the balance of trade. How does the growing United States trade deficit impactRead MoreSample Resume : Business Management Essay2230 Words   |  9 Pagescharities and has a particular interest in the Breast Cancer Research Trust. In 2007 she has become an appointed Patron in recognition of her dedication and support to the Trust. Trelise Cooper is also a big supporter of Habitat for Humanity charity. (Bussiness of Fashion, 2015) 1. Introduction to Trelise Cooper 1.1 A brief overview of the company – history of Trelise Cooper. Fashion designer Trelise Cooper is the owner of a million dollar export company. Her story of success is even more remarkable becauseRead MoreProject Report on Ptcl3200 Words   |  13 Pages–  Pay-per-view (PPV) Directed advertising –  The ability to receive specific adverts for products that you are interested in buying And many more mouth watering features –  Gaming –  Interactive services –  SMS/voice integrated applications 3.2 BUSSINESS STRATEGY As the ptcl growing its position as the leading ICT service provider and a profit leader, a five year Strategic Master Plan for the Company, with defined corporate KPI targets, timelines and ownerships was developed by the PTCL managementRead MoreVinamilk Marketing3312 Words   |  14 Pagesparticipation in APEC, the ASEAN free trade and joined WTO in 2006. Vietnam has moved from state monopoly on foreign trade to free trade and from import substitution to export oriented policies. Domestic bussiness obtained the right to export and import within their registered scop of bussiness and foreign trading companies have been allowed to set up branches and representative office in the country (Meyer, Tran and Nguyen 2005, p.3-4). Despite strong export on garment industry, seafood, agriculturalRead MoreAlphabet Swoth and Pestel Analysis2061 Words   |  9 Pagespage 302 Mullins J.L. (1999), Management and Organisational Behaviour, 5th Edition, Edinburgh: Pearson Education Limited, page 303 Internet Bussiness Ball [online], 2011, Accessible from: http://www.businessballs.com/swotanalysisfreetemplate.htm, [Accessed 7.10.2011] HRM Advice, Usefull HR Tools [online],2010, Accessible from: http://www.google.co.uk/imgres?q=SWOT+analysisamp;um=1amp;hl=skamp;sa=Namp;biw=1366amp;bih=681amp;tbm=ischamp;tbnid=6152gV95tF93-M:amp;imgrefurl=http://hrmadvice.com/hrmadvice/useful-hr-tools/hr-swot-examplesRead MoreFrench Decolonization: Conflict in Algeria2602 Words   |  11 PagesInterior. 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Explain the four (4) functions of management and state the other major elements in the management processRead MoreSwot Analysis : Chipotle Mexican Grill8386 Words   |  34 Pagessupport different causes. Take for example, at a local Chipotle in Portland, Oregon, the restaurant offered a free burrito, taco, bowl or salad to anyone who donated blood through the American Red Cross Blood Drive (http://redcrosspdx.blogspot.com/search?q=chipotle). The cause to support blood donation was clearly communicated to customers through their use of advertisement through the web and through their partnership with a big name like American Red Cross. During the days of the disaster clean up ofRead MoreStereotaip Jantina Dalam Iklan Di Malaysia.7035 Words   |  29 PagesOffensive Senior Stereotypes in Magazine Advertisement : Result of A Q Method Analysis’ mengemukakan kajian yang menggunakan kaedah soalan dan temubual individu dalam m engkaji sekumpulan orang dewasa yang lebih tua meneyenaraikan iklan majalah yang memaparkan stereotaip kepelbagaian dalam potensi berlawanan dan berbahaya dalam masyarakat yang lebih tua. Terdapat juga tiga faktor yang berbeza yang disatukan daripada kaedah persoalan (Q). Implikasinya, stereotaip dalam masalah yang sebenar digabungkanRead MoreVinamilk Analysis Essay13985 Words   |  56 Pageshttp://gulfnews.com/business/economy/vietnam-inflation-starts-rising-in-september-1.1080412 Anh Dang, (2010), â€Å"Developing a taste for dairy†, Mekong Securities, [Online], [Retrieved December 6, 2012], http://www.google.com.vn/url?sa=tamp;rct=jamp;q=amp;esrc=samp;source=webamp;cd=3amp;cad=rjaamp;ved=0CDcQFjACamp;url=http%3A%2F%2Fwww.mekongsecurities.com.vn%2FHandlers%2FDownloadReport.ashx%3FReportID%3D1736amp;ei=-_7EULHsEsmG4ATfpICICwamp;usg=AFQjCNEm4hpi7-914yKYSmjmgE9h4boftQamp;sig2=gyUfbI0sbWj-oiUfFszCmg

Monday, December 9, 2019

Oil Prices Fluctuation

Question: What fluctuates oil prices across the world and the impact it has on social, economic and environmental issues against the UK In the last decade in relation to Libya civil war causing a shortage of oil supply and prices to increase. Answer: Oil and Gas Management Research Methodology The focus of this paper is to identify what are the main reasons that change oil prices. It also tries to find out what social, economic and environmental issues are arising in UK due to the changes in oil price. Strategies of UK government to control the impacts of oil price changes, has also been discussed. The methodology adopted in this research paper is based on secondary findings, which have been found by in other research papers. In this paper, various techniques by the researchers have been incorporated to ensure the collections of information are appropriate and relevant, which are to be used in order to find out the research questions. Research Philosophy: It is important to choose research philosophy to conduct a research. It describes how to develop knowledge for the research and classify the nature of the knowledge. There are three kinds of research philosophy, such as, positivism; interpretivism and realism (O'Leary, 2013). Positivism deals with methodology, which is structural. It analyzes the statistical observation, which is quantifiable. Interpretivism deals with interpretation of elements of a study. It integrates human interest into the research study. In this approach research, give importance to their beliefs and values to justify the research problem. It criticizes the approaches of positivism. Realism deals with the reality and beliefs that already exist. It describes the scenario by explaining what is exactly happening and the real experiences of a particular situation. The paper follows positivism approach (DePoy and Gitlin, 2015). This is because the paper aims to answer some research question and does not discuss only the subject of the issues. This research report will select data and make their analysis; hence, it is quantitative in nature. Moreover, it will also describe the factors on which the data or variables are deviating; hence, it is qualitative. Research Approach: It is essential to adopt a relevant approach for conducting a research. It is very critical to develop an appropriate approach of a research, which will help to identify and facilitate the findings of the problem and its solutions. There are two types of research approaches, such as, inductive approach and deductive research approach (Smith et al., 2012). Inductive approach is associated with generating new theory or developing conclusion based on the results emerged from the given data. In this approach, the researcher observes the data and tries to set a general proposition from that particular experience. Deductive research approach aims to test theory from the result obtained from data. It emphasises on causality (Creswell, 2013). In this approach, the researcher studies what others have done and try to relate those findings to the existing theories. Basically, it tests the hypothesis by analyzing the sample data. It identifies whether the sample is following t he general theory. In this research paper, the approach of the study is deductive in nature. It identifies the factors that can affect the changes in oil prices. After identifying, research will focus on how much it has actually affected the price of oil. Similarly, it will also address the social and economic issues that have been faced in UK due to the oil price changes. From the sample observation or studying the effect, it will explain the how oil shocks affected UK economy in terms of GDP and CPI inflation. Research Strategy: Appropriate research strategy has to be selected based on the research question and aims of the research. There are different research strategies that can be used to conduct a research, such as, experiment; case study; survey; action research; ethnography; grounded theory. In most of the research, there are overlaps among the strategies. A case study is preferred when research questions take the form of how; what and why (Yin, 2013). This paper requires adopting a case study strategy to answer the research questions, which aim to answer cause and effect of oil price changes. Hence, this research paper involves investigating phenomenon in real-life context. A case-study based research relies more on multiple sources of evidence and this paper solely depends on the sources like articles and journals. This paper collects data and evidences from previous research works. The origin of oil price volatility has been found from World Trade Report, 2010 (Kilian, 2010). Simi larly, this research requires to collect information on the economic and social effects of oil price change on UK economy, from various research papers. This paper explores a single phenomenon oil price shocks by explaining variety of methods followed in different research papers. It allows the researcher to obtain in-depth knowledge and rich mix of information from various studies. This research work also involves various information and data from different sources. Advantage of this strategy is that it allows the researcher to assess a situation by gathering data and results from the previous work, instead of taking any sample data. Data Collection: Method of collecting data is of two types, primary data collection and secondary data collection. When data are collected through direct field survey, it is primary in nature. Primary data can be collected by designing questionnaire or taking interviews. The data is secondary, when it is already collected and used for different research works. Secondary information is collected from various books; journals; news reports or any kind of internet sources. In order to conduct our research work, data and information is collected from the writings of various scholars in their research works, which are related to cause of oil price changes and its impacts on UK market. Data Analysis: Data analysis methods are dependent on the nature of data and the research objectives (Barratt et al., .2011) In order to find out the factor behind the price shocks and its impact on UK economy, this paper uses two models. These two models are adopted from a research paper (Lorusso and Pieroni, 2015). To find the causes of oil price shocks, the changes in the variables are analysed. Such variables are global crude oil production; real price of oil; index of global real economic activity. After identifying the oil shocks and the responses all over the world, this research estimates the impact of this oil price changes on UK economy. Growth rate of real GDP; CPI inflation; the short-term nominal interest rate and real government deficit have been considered, in order to test the consequences. The effects of oil supply shocks, aggregate demand shocks and oil specific demand shocks on these macroeconomic aggregates will be discussed with the help of regression analysis do ne in the research paper by Lorusso and Pieroni (2015). This research is based on the time period 1976-2014. The study will look into several episodes associated with the major changes in real oil price (Lorusso and Pieroni, 2015). Based on the least-square estimation, this paper will assess their effect on UK macroeconomic aggregates based on the several research papers. Ethical Issues and Limitations: A research work involves collecting data or information whether directly or indirectly. If the information is personal or researchers must take the consent from the respective individual. In some cases, information is confidential and strictly has some obligations to fetch this kind of information, either by an individual or by the government of a country. So, research requires prior permission to access those data. Even if the data has been obtained, the source of it should be kept confidential by the researchers or the data should not fall under wrong hand (Gray, 2013). However, in order to conduct this research no ethical issues have been encountered. The report is based on secondary information, which is directly obtained from various sources in the internet. Hence, it does not require any prior permission before working on it. This paper is based on not only some secondary data but also on research works done in the same context. The only differen ce is that, this paper does not only incorporate a single research paper but combines various results and findings in order to find the origins of the oil shocks and its consequences on UK economy (Yoshizaki 2011). However, this research paper has some limitations. The models developed in it are obtained from other research papers. It only considered the numerical values given on various papers and analyses the changes and impact of oil price. It does not verify the sources. The variables that are considered in the first model, are necessary to explain the changes in oil price, but may not be sufficient. Even the residual or error term of the model describes whether there are any changes in due to other factors, but it does not explain what exactly the factors are that might cause the changes in the worldwide oil price. Moreover, the impact of oil price changes in UK economy is based on the first model, which describes the scenario of the world (Lorusso and Pieroni, 2015). This implies that the world VAR model is not necessarily capable in explaining the scenario in the UK market. Similarly, there might be some other factors apart from the variables taken in the second model which affect the UK s macroeconomic variables. Again, it must be mentioned that the macroeconomic variables, which are taken as indicators to explain the condition of an economy, are not the only indicators. However, since the research overviews the findings and observations of many other papers and articles, the scope of the paper is versatile in nature. It is capable of answering its research questions, which are also represented diagrammatically. Findings and Discussion Impact of Falling of Oil Prices It has been observed that due to the Libya War, the price of the crude oil has fallen by 50%. The fall of the pricing had a significant impact on transport system and other associated business cost. However, the parameter of oil price was considered as effective news for the importing countries, such as Western Europe, India, China and Japan. However, countries such as Kuwait, Iraq, Venezuela and Nigeria had a severe impact on the price fall. A graph is provided which highlights towards the fluctuation of oil price in the economy of the United Kingdom. Figure 1: Fluctuation of Oil Price (in $) (Source: Lippi and Nobili 2012) Thus from the above graph, it can be clearly analyzed that there was an effective rise in the price of the oil products during 2007-08. However, the country experienced effective price drop in the next year (2009), and thereby (almost) maintained a constant slope (Webster and Dunning 2013). Impact on Oil Consumers Lowering of the oil prices focused towards reduction in cost of living. It was analyzed that there was a relative fall in the transportation charges, which leaded in lowering the cost of living and thereby minimizing the inflation rate to a huge scale. Fall of oil price resulted in the fall of UK inflation to 0%. With the stagnant real wages, this fall associated to cost of living was considered as an important virtue for the Western consumers. This in turn magnified the real GDP for the United Kingdom. Impact on the Overall UK GDP after Libya War (Estimated) Figure 2: Impact on the level of real GDP, 2015-2020 (In the United Kingdom) (Source: Kilian 2010) From the above graph, it can be analyzed that there is a huge fluctuation in the price of oil in the United Kingdom. The Scenario 1 highlights towards the scenario where the price remains persistently low at $50 per barrel between 2015 and 2020. The initial impact finds to rise the level of UK GDP by 1.2%. The effect of the peak in 2016 tends to increase by 1.4% of the baseline level. The impact is observed to have trailed off to around 0.6% of the baseline as the United Kingdom is highly exposed to cheaper imports from other countries, as an effective aftereffect of Libya War (Reboredo and Castro 2014). In Scenario 2, it can be effectively observed that the oil price generally recovers gradually to US $73 by 2020, based on the latest IMF projections. The UK GDP has been estimated to be around 0.5% and higher, within the limited period of 2015-2020. In Scenario 3, the oil price tends to recover to a huge scale, which mainly recovers to mid 2014 (by 2020). The basic impact of economy was estimated to be around 0.2% on an average scale of 2015-2020. This is associated to minimal effect on the GDP level by 2020. The Figure helps in understanding the historical evolution of the structural shocks considering the model emphasizing on the period of the Libyan Civil War. Interpretation of the present model helps in understanding the factors responsible in analyzing the impact on the oil prices particularly in the UK. As mentioned, this primarily focuses on the episodes associated with the viral changes in the real oil price. The estimated results provide us with the findings for the samples within the mentioned period. This successively focuses on the different consequences of oil prices in the UK economy. However, the present finding helps in understanding and analyzing the sample this will also help in explaining the variation in oil price in the recent years in relation to the Libyan Civil War. On analyzing the concern of the surge in the oil price, which occurred during the period of the Libyan Civil War there, has been a clear evidence providing data on the series of positive oil market specific demand shocks. As a result, serious concern about political instability in UK have emerged protests taking place in other parts of the country as well. Some signs of civil unrest have also been observed in certain parts of Egypt, Algeria and Lebanon. Repeated oil market specific demand shocks, which occurred during this period, have been explained by the sharp rise in the investors demand as the financial crisis unfolded. As the financial crisis unfolded, the investors tried pulling out the complex financial demands and assets in search of a safer place. Furthermore, it can also be noted that an unexpected increase in the aggregate demand, particularly emphasizes on the expansion of the global oil production that becomes significant after a specific shock occurs which leads to a significant increase in the overall global real economic activity and a very sharp, persistent and statistically significant increase in the real oil price. Unanticipated expansion of the specific oil market demand does not significantly influences the global oil production, but it produces a temporary increase in the overall global economic activity, which is significant to an immediate large increase in the real oil price. This parameter in particular produces a highly persistent and significant effect. Thus, the results and finding helped in understanding the overall crisis in the oil supply demands, which arises primarily due to the Libyan war revolution. In particular the results primarily emphasize on the shortfalls in oil supply that leads to small and significant effects on the oil price changes. The oil supply disruptions in one region are therefore compensated by an overall increase in the endogenous oil supply from other regions of the world. These changes are primarily accompanied by with the sharp increase of precautionary demands for oil. Turning to more recent case of oil price fluctuation, it has been found that the Libyan Civil War caused a steady increase in the demand as well as the price of the oil. This in particular coincided with the very large swing in global real economic activity. Indeed, it is during this period of time there has been a sustained global demand pressure and there has been a steady increase in the oil price more than the other commodity prices. This particular effect caused a sustained global demand pressure and thus the oil price increased more than the prices of the other commodities. The latter effect occurred because of the stagnant supply in crude oil during the post Libyan era. Thus, this model provides an assumption of the adaptive expectations, which highlights in the economic agents and thereby revising the expectations of the future oil prices during each of the period. The major factor associated to the context highlights to the consequences of Libya War, which still monitors the UKs economy to a huge scale. The stickiness of the downward price adjustment focuses towards the concept that the impact of oil shock tend to limit the countrys economy to a huge scale. Falling of Oil Price in Entire Europe It was estimated that the oil importing countries such as India and China effectively welcomed the fall of oil price. However, it was also formulated that there was a deeply fearful prospects available which tend to effect the European and global economy to a massive scale. Firstly, the fall of the oil price reflects towards the weak global demand. This is followed by the continues low growth all around the world. This was mainly holding the economy of the country to a huge scale. Thereby, fall of the oil price reflected to the concept of low global growth of the European countries, especially the United Kingdom. In this section, using the specified model, the researcher has analyzed the identical shocks on UK macroeconomic variables, which were GDP growth, normal interest rate, CPI inflation and the real government deficit. The response of the GDP growth associated to the oil supply disruption is found to be negative in all the quarters. However, it can be analyzed that one standard error confidence intervals indicates towards the negative response is significant for the first five quarters. It can be assumed that the response of the GDP growth associated with the demand expansion is considered positive. However, this is statistically not significant. Moreover, it has been observed that seven quarters, resulting from the shocks turn to be negative.. As an alternative, one standard error confidence interval indicates towards the response of GDP growth to the oil market specific demand shock. It has been determined that this data is statistically not significant at all the horizons. The resear cher has evidences some declination within the GRP growth rate within the six quarters after the shock occurs. While inspecting the inflation response, it can be noted that the negative oil supply shocks generally lead to significant increase in the CPI inflation throughout all the quarters. Moreover, the impact of the increase in the demand among the UK consumers price levels. It was considered positive and statistically significant from the 1st year onwards. The maximum is reached within three years after the Str. Shock appears. Finally, the impact of the expansion of oil market specific demand upon the UK inflation was considered to be around zero in all the quarters.With the increase in the aggregate demand at the initial stage, there is a negligible effect of the UK output growth. However, in terms of long run they tend to depress it. The positive unexpected global economic shocks tend to stimulate the UK real GDP in terms of growth. The offset of growth retarding factors are found to possess effects on the hiked price of oil. However, as this stimulus disappears within the time scale, t he response to the UK GDP growth slowly tends to become negative. It had been estimated that positive precautionary demand shocks have a very considerable impact on the GDP growth. Moreover, it has no effect on the domestic inflation. From these findings, it can be analyzed that the precautionary demand shocks have insignificant effect on the domestic GDP growth along with the CPI inflation. This was because the UK is considered as an oil producer country. Thus, the UK economy had a low affect on the fluctuations within the inventory holdings as compared to the typical oil importing countries. This is because it had the possibility to magnify the self oil production to self insure against the interruptions of the foreign oil supplies. One of the biggest fears, which was highlighted in Europe at that moment, focuses in developing slide for the deflation. The EU inflation was observed to have fallen to a five-year low (0.4% by August 2014). In addition, 31% by Euro zone goods. This was the concern for limiting the factors of deflation, as it caused several macro economical issues. These issues are as follows: Lowering the consumer spending along with the investment: As the consumers and the firms delay in spending and investments Increased Real Debt Burden: This was particularly an effective problem which was associated to the Euro zone economies, which tend to find harder to reduce the GDP ratios. Falling of the oil prices provided some relief to the consumers of the United Kingdom. Falling of the oil products focuses in helping to increasing the spending and thereby minimizing the inflation rate. Thus, countries such as the United Kingdom experienced effective deflation period to a huge scale. Other Economic Impacts of Lower Oil Prices The reduction of the profitability associated to alternative energy sources was highlighted to a huge scale. The part of the fall of oil price was mainly due to the countries (OPEC countries, such as Saudi Arabia and Kuwait). These countries wanted to protect their oil markets and thereby not to lose any market share. Thus, the emergence of the other energy sources was minimized to a huge scale by these countries in order to protect their economies (Mohaddes and Pesaran 2015). It was estimated that fall in the oil prices may have delayed the investments into an alternative greener forms of energy. This would lead to the invention of modern technological gadgets, such as electric cars. Thus, the modernization of the concepts associated to the Western countries such as the United States of America and the United Kingdom hampered the economy of the OPEC countries to a huge scale. All these factors, which were completely linked to the Libya War, seemed to have created a huge turmoil on the global economies to a huge scale. Reflection of the Results of the Economy The work in this study is based on the relationships between the oil prices and economic variables consigning to the UK economy. The empirical research is endogenous to in terms of macroeconomic fundamentals and identifies the growth in a two-way method. Various insights emerged from the analysis. At the first, oil prices with aggregate demand were studied and later oil prices were studied with macroeconomic aggregates. The analysis of demand and supply shocks were underlying when the transmission was studied using UK economy. There were changes related to the real output level in both developed economies of the UK and USA (Mohaddes and Pesaran, 2015). The important reflections made in the country are highlighted in two points: As global demand shocks are the main drive for fluctuation; the other reason being the speculative shock that makes changes in oil prices on the world economy. The movement between oil prices and prices of other commodities is majorly explained by global demand (Juvenal and Petrella, 2014). The result corresponding to the world with reference to macroeconomic fundamentals showed that such volatility was damaging and cause unrest in macroeconomic influences that presented a fundamental barrier to future sustainable growth if is not corrected or checked on time (Ebrahim, et al., 2014). In reference to the world analysis, there was growing nervousness because of the increase in prices of oil shocks hit the world with the global terror. Countries like USA, UK, London, Germany, France, Sydney and China. Investors concern even heightened when tension in the area increased the fuel prices and threatened the fragile global economic recovery. This also led to a significant increase in the risk premiums of the economy with a lot of panic selling in the market (BBC News, 2011). Therefore, the changes with respect to stock market showed lagged behaviour worldwide. In addition, in case high emerging economies showed high and stable demand. The oil shocks were caused due to the supply side bottlenecks. Therefore, this can be seen as in context with the market efficiency and behavioural finance literature in the capital market (Sehgal and Kapur, 2012). Moreover, the OPEC was insufficient to control the oil prices in the world economy, though the influence of OPEC was temporary. The future of oil prices seemed to pressurize in an upward direction from the present levels of global oil production. Hence, the impact was more on price and the availability of alternatives to energy and the rate, which the production declined. Therefore, there was need of policies to encourage and avoid efficient oil use and reliance on energy alternatives. Recommendations It can be summarised with some recommendations that needs to be taken by the policy. Some of the recommendations are enlisted below. To reduce inflation, while enhancing the positive effects of oil prices. Consistent inflation in oil prices results in lowering of GDP growth during the time of crisis. This will in turn result in persistent declining oil prices, further reduces the dominance of demand than supply. This is the consequence of many factors such as lack of interrupted that will create excess/surplus capacity once determined (Ftiti et al., 2014). To increase taxes or reduce subsidies on oil prices, which is considered good in terms of economic and environment, terms. To dictate a response shocks affecting demand and the level of slack in the economy. Hence, there should be a favourable policy to stabilize the output gap that appears as a key objective for the central banks. This key objective will not only result in welfare, but will also contribute to a lower volatility of wage and price inflation. The another policy should be in reflecting the decline in current account deficit and inflation moving with policy targets has permitted several central banks to cut on interest rates. There is also need to establish stable inflation and investor confidence on account of any currency pressures. With even change in exchange rate depreciations will result in oil exporting countries to adjust a negative term of trade shock and to bound the impact on aggregate demand, keeping in mind changes done in the balance sheet that can lead to a challenging environment (Baffes et al., 2015). Now that interest rates have reached zero, there is a need of ability of the monetary authorities to meet the inflation target (Sussman and Zohar, 2015). Conclusion In this research, the causes and consequences of the oil price fluctuations in the UK economy have been studied. The experiential research focuses on the two-phase methods. In the first case, the oil prices were determined using World oil price from aggregate demand and market demand of oil supply. In the second case, the oil prices were assessed with the structural innovations estimated in the first phase on macroeconomic aggregates such as real GDP, Inflation, interest rate and government deficit in the UK. It was brought forward that the changes in price, changes because of oil supply have been very small in the mid 1970s. The macroeconomic aggregates have shown shock affecting oil prices. GDP growth has considerably gone down when there have been negative oil shocks. Previously, it showed small variations in the growth of output, but in the long run, the reduction seen is volatile. Hence, oil shocks have raised the UK inflation. In addition to monetary policy, aggregate demand shocks and market demand showed a nominal interest rate to rise. It also depicted that because of the increase in real oil prices, there has been increase in UK finances due to high oil revenues. To conclude, this paper provides the empirical research that is practical and gives promising results to understand the causes and consequences of oil prices across the world and its influence on social, environmental and economic issues against the UK in the last decade. References Barratt, M., Choi, T.Y. and Li, M., 2011. Qualitative case studies in operations management: Trends, research outcomes, and future research implications.Journal of Operations Management,29(4), pp.329-342. BBC News, (2011).Oil prices rise as Libyan conflict intensifies - BBC News. [online] Available at: https://www.bbc.com/news/business-12619017 [Accessed 5 Jan. 2016]. Creswell, J.W., 2013.Research design: Qualitative, quantitative, and mixed methods approaches. Sage publications. DePoy, E. and Gitlin, L.N., 2015.Introduction to research: Understanding and applying multiple strategies. Elsevier Health Sciences. Ebrahim, Z., Inderwildi, O.R. and King, D.A., 2014. Macroeconomic impacts of oil price volatility: mitigation and resilience.Frontiers in Energy,8(1), pp.9-24. Ftiti, Z., Guesmi, K. and Teulon, F. (2014).Oil Shocks and Economic Growth in OPEC countries. [online] ipag.fr. Available at: https://www.ipag.fr/fileadmin/user_upload/mediatheque/recherche/WP/IPAG_WP_2014_064.pdf [Accessed 5 Jan. 2016]. Gray, D.E., 2013.Doing research in the real world. Sage. Juvenal, L. and Petrella, I., 2014. Speculation in the oil market.Journal of Applied Econometrics. Kilian, L. (2010). Oil Price Volatility: Origins and Effects. World Trade Report 2010. Kilian, L., 2014. Oil price shocks: causes and consequences. Lorusso, M. and Pieroni, L. (2015). Causes and Consequences of Oil Price Shocks on the UK Economy. Centre for Energy Economics Research and Policy, 2. Mohaddes, K. and Pesaran, M.H. (2015).Country-specific oil supply shocks and the global economy: a counterfactual analysis(No. 242). Federal Reserve Bank of Dallas. O'Leary, Z. (2013).The essential guide to doing your research project. Sage. Sehgal, S. and Kapur, R., 2012. Relationship between oil price shocks and stock market performance: evidence for select global equity markets.Vision: The Journal of Business Perspective,16(2), pp.81-92. Smith, M., Thorpe, R. and Jackson, P.R. (2012).Management research. Sage. Sussman, N. and Zohar, O. (2015).Oil prices, inflation expectations, and monetary policy | VOX, CEPRs Policy Portal. [online] Voxeu.org. Available at: https://www.voxeu.org/article/oil-prices-inflation-expectations-and-monetary-policy [Accessed 5 Jan. 2016]. Yin, R.K. (2013).Case study research: Design and methods. Sage publications. Yoshizaki, Y. (2011). Investigating effects of oil price changes on the US, the UK and Japan. Economics Bulletin, 31(3). Cunado, J. and de Gracia, F.P., 2014. Oil price shocks and stock market returns: Evidence for some European countries.Energy Economics,42, pp.365-377. Wang, Y., Wu, C. and Yang, L., 2013. Oil price shocks and stock market activities: Evidence from oil-importing and oil-exporting countries.Journal of Comparative Economics,41(4), pp.1220-1239. Webster, A. and Dunning, J.H., 2013.Structural Change in the World Economy (Routledge Revivals). Routledg Reboredo, J.C. and Rivera-Castro, M.A., 2014. Wavelet-based evidence of the impact of oil prices on stock returns.International Review of Economics Finance,29, pp.145-176. Lee, B.J., Yang, C.W. and Huang, B.N., 2012. Oil price movements and stock markets revisited: A case of sector stock price indexes in the G-7 countries.Energy Economics,34(5), pp.1284-1300. Lippi, F. and Nobili, A., 2012. Oil and the macroeconomy: a quantitative structural analysis.Journal of the European Economic Association,10(5), pp.1059-1083

Monday, December 2, 2019

Inequality an Example of the Topic Government and Law Essays by

Inequality Access to health care is highly important these days, with the presence of deadly diseases that threaten the lives of individuals, most especially children and women. The current situation of children and women in Africa is alarming, with a high percentage of the female population diagnosed with HIV/AIDS. The study conducted by the Center for Disease Control and Prevention (CDC) revealed that HIV is one of the five major causes of fatality in the entire women population around the world. (CDC, 2008a) The staggering statistics in the cases of HIV/AIDS affliction in Southern Africa reveals that even those who are trying to provide medical assistance and health education are affected by the disease. (Wines & LaFraniere, 2004) In the United States, almost half of the population with HIV/AIDS is African Americans. This is in comparison with records of women belonging to different ethnic backgrounds. (CDC, 2008b) Need essay sample on "Inequality" topic? We will write a custom essay sample specifically for you Proceed In two reports released by CDC, the organization identified risk factors involved with the growing number of people afflicted with the disease. These risk factors are the causes why it is difficult to prevent the proliferation of the HIV/AIDS virus. According to the first report by CDC tackling HIV/AIDS in women, the risk factors and barriers to the prevention of the said disease include age (the age bracket of women afflicted with the disease ranges from 15-39), irresponsibility of ones partner to acknowledge risk factors (recklessness, bisexuality), heterosexual risk factors (lack of knowledge, drug use, alcohol use, etc.), vulnerability to the disease and the transfer of the disease through sexual means, substance use (the use of injection), socioeconomic issues (lack of access to quality health care services), differences in race and ethnicity, and other factors. (CDC, 2008a) The second report of CDC which deals with the occurrence of HIV/AIDS in the African American population, cites the following risk factors or barriers to prevention: sexual factors (reckless sexual engagement, unknown affliction to an individual of the disease), substance use (the use of injection), lack of information and awareness, sexually transmitted diseases, concealment of homosexuality, and socioeconomic issues. (CDC, 2008b) With these facts in mind, the question is why does the population of women who acquire, suffer, and die from HIV/AIDS increase? Why is there difficulty in the prevention of the occurrence of such diseases? The health care community plays the biggest role in answering this question, and also has the most extensive means or capacity to solve this problem. Along with the health care community, there are other stakeholders who are held responsible to overlook the situation and see what needs to be done in order to lessen the occurrence of women, and people in general, who acquire HIV/AIDS that eventually leads to their death. These stakeholders include religious institutions, educational institutions, non-government organizations who deal specifically with health and information dissemination issues, the government, and the community, and just anyone who have the means and capability of helping. The answer to the question really is, women are being deprived of access to health care education and reproduction services. Although social institutions have been declaring the results of their researches and the plans of action they are willing to implement in order to aid in the HIV/AIDS situation, what we really need to know is are they really helping, or are they making matters worse? One way of dealing with the increasing number of women being afflicted with these deadly diseases, aside from scientific and medicinal means, is to provide them with proper education through intensive information dissemination. This is the ideal scenario in dealing with the issue especially with women, health education, and reproductive health. However, most of the time women, due to their stature in society, are being discriminated upon by the same social institutions who are vowing to help them. The right to accessing health education and reproductive health services is being deprived of them by the same system which promises to provide a resolution to this massive health problem. One example is the situation in Uganda reported in 2005. The abstinence-only program was a U.S. backed program that aims to fight HIV/AIDS. The program is more popularly known in the U.S. as the ABC program, which stands for Abstinence, Be Faithful, and use Condoms. However, this program faced criticisms from other spectators because they do not see it as an efficient way of solving the problem, rather it is discriminatory, demeaning, causing confusion, and will not solve the problem at hand. The ABC program eliminates the need for health education and addressing the problem through medical means. People, especially women have the right to know about HIV/AIDS, the sources of the disease, the risks involved especially in reproduction, etc. The promotion of the use of condom is also controversial because it might confuse not only the contradicting idea of abstinence and condom use, but also on the importance of being responsible partners. People engage in sexual activity should not only resort to abstinence nor condom use. They need to gain awareness about other efficient means of countering HIV/AIDS. (HRW, 2005) Another issue is the implementation of the Global Gag Rule. The Global Gag Rule is removing the right from women to access reproductive and sexual care. Limiting funding and the existence of social institutions who work independently to provide health education and reproductive and sexual care was a means for the U.S. government to transfer funds to medical research and medical assistance to those who are afflicted with the disease. This is the same policy which limits womens capacity to afford family planning and HIV/AIDS health services. The Global Gag Rule is neglecting their needs as human beings and as women who have the responsibility to reproduce. (U.S. Restrictions on International Family Planning, 2008) One example is the choice to undergo abortion or not upon knowing that the mother contracted HIV/AIDS. They have the right to access information about HIV/AIDS and abortion in order for them to make their personal decision about what they want to do. This issue has been highly controversial around the world because the views of the United States, who implemented the Global Gag Rule does not hold true to all countries. The U.S. is not the world. So why is it making decisions for other people? There is no need to stop social institutions from helping women. The argument is also all about the most important solution to counter HIV/AIDS. Is it by conducting research and giving medical assistance directly to HIV/AIDS victims? Or is it the need to provide educational health services and access to reproductive and sex ual health care? Not only are education and health services rights to women, but they are also highly instrumental in the prevention process. This is because the more women know about how to plant their family, control sexual engagement, responsibilities when it comes to reproduction and the risk of transmitting HIV/AIDS during the reproduction process, how to avoid HIV/AIDS, etc., the more people can stop individuals from contracting the deadly disease. Limiting these rights will only cause the continuous increase in HIV/AIDS women victims. If this situation happens, women will not acquire the necessary information regarding family planning and reproductive and sexual health care. This will increase their risk factors, as CDC mentions that lack in education puts women at high risk of contracting the disease. The Global Gag Rule will not lessen the incidence of HIV/AIDS contraction, rather it will worsen the situation. Although medical assistance is a direct way of providing a solution to the problem and funding for research to determine a remedy to HIV/AIDS, the focus of social institutions, especially those who are highly capable of helping and providing assistance, is the prevention of HIV/AIDS contraction, especially in women simply because they are capable of reproduction and that makes them responsible to the life of their children or their future children. The Global Gag Rule began to close down institutions all over the world which provide family planning and reproductive health services to women. This is a form of discrimination, leading to the deprivation of women of their rights to education and their rights to think for themselves and make decisions independently. Education is the key to prevention. This includes equipping women with the knowledge and all the facts, both positive and negative, in order to arm them with the erudition to decide for themselves whether to practice abstinenc e, or to use other means of protection from HIV/AIDS, etc. In general, education equips them with the facts and information to think wisely, and in turn to educate other people they know. References CDC. (2008a). HIV/AIDS among Women. Retrieved August 6, 2008, from CDC. CDC. (2008b). HIV/AIDS among African Americans. Retrieved August 6, 2008, from CDC. HRW. (2005). Uganda: Abstinence-Only Programs Hijack AIDS Success Story. Wines, M. Hut by Hut, AIDS Steal Life in Southern Africa Town. New York Times. (Late Edition (East Coast)). New York, N.Y.: Nov 28, 2004. pg. 1.1