Global Political Economy

Question: Discuss about the Global Political Economy. Answer: Part I focuses on giving the explanation of circumstances leading to the signing of Dodd-Frank Act in 2010. This followed the wake of 2008 financial crisis and positioned as the legislative response to the crisis to reduce risky financial products (Act and Protection 2012). The investment banks have defended their actions by nodding to the move by Tramp as it will make them gain financially. Trump administration seeks to unwind the Act because it restricts borrowing from bank. The industry should be subject to more regulation to prevent the repeat of financial bailouts thereby preventing need for hundreds of billions of dollars in bank as well as insurance bailouts witnesses in 2009 and 2008 (Acharya et al. 2010). References Acharya, V.V., Cooley, T.F., Richardson, M.P. and Walter, I., 2010. Regulating Wall Street: The Dodd-Frank Act and the new architecture of global finance (Vol. 608). John Wiley Sons. Act, C.P. and Protection, C.C.F., 2012. Dodd-Frank Act.

3 Sentences with Hyphenation Problems

3 Sentences with Hyphenation Problems 3 Sentences with Hyphenation Problems 3 Sentences with Hyphenation Problems By Mark Nichol In each of the following sentences, one or more hyphens is missing from a phrasal adjective, but another solution is available: A relaxation of the syntax is recommended, as explained following each example and demonstrated in a subsequent revision. 1. We can expect to see lighter touch regulation in the banking sector. The hyphenation problem here is a lack of a hyphen- â€Å"lighter touch,† as a phrasal adjective modifying regulation, should be hyphenated: â€Å"We can expect to see lighter-touch regulation in the banking sector.† Better yet, however, because of the somewhat obscure expression, it might be better to introduce the phrasal adjective as a modifying phrase following the noun: â€Å"We can expect to see regulation with a lighter touch in the banking sector.† 2. It is not unreasonable to question whether a Republican majority backed replacement plan is possible going forward.   The three words preceding the phrase â€Å"replacement plan† unite to provide more detail about the plan and should therefore be styled as a phrasal adjective, with hyphens connecting the words: â€Å"It is not unreasonable to question whether a Republican-majority-backed replacement plan is possible going forward.† However, this treatment is somewhat cumbersome, so a solution equivalent to the one in the previous example is merited: â€Å"It is not unreasonable to question whether a replacement plan backed by a Republican majority is possible going forward.† 3. The risks may not manifest themselves over an annual period or a three to five-year planning horizon. The phrasal adjective preceding â€Å"planning horizon, with an implied instance of year after the first number as well (and similarly hyphenated if year explicitly appears), requires suspensive hyphenation: â€Å"The risks may not manifest themselves over an annual period or a three- to five-year planning horizon.† However, to mitigate the complexity of the sentence, consider placing the modifying phrase after the noun, with hyphen(s) omitted: â€Å"The risks may not manifest themselves over an annual period or a planning horizon of three to five years.† Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Punctuation category, check our popular posts, or choose a related post below:100 Whimsical Words50 Idioms About Fruits and VegetablesIs Your Novel "Mystery," "Thriller," or "Suspense"?

Principles of Jury Placement essays

Principles of Jury Placement essays Nowhere is the practice of equality as important as in the United States court of law. Indeed, constitutional principles should be upheld in order to maintain public trust in the criminal justice system. The most prominent demonstration of constitutional actions then begins with jury selection. Certain principles govern the selection of both petit and grand juries, especially in cases where representatives of minority groups are concerned. The policy of discrimination against these groups has socially and legally been abolished. Yet in many cases it is still evident that such policies are upheld. The cases of Batson v. Kentucky (1986) and Castaneda v. Partida (1977) are considered as examples of discriminatory practices relating to jury selection. This 1986 case concerns Batson, a black man charged with second- degree burglary and receipt of stolen goods. At the jury selection phase the prosecutor used peremptory challenges to exclude all four of the black persons on the jury venire. The petit jury selected was thus composed only of white persons. Of course defense counsel moved to remove the jury on the grounds that the defendant's rights under the Sixth and Fourteenth Amendments, determining that all persons charged with crimes have the right to a jury trial where the jury is a cross section of society, and where the defendant has the right to equal protection. Clearly none of these principles are adhered to in the selection of the petit jury of this case. However, the interpretation of these Amendments allowed the judge to deny defense counsel's motion to dismiss the jury on the grounds of such violation. Indeed, the judge held that the cross section law applies only the venire, and not to the final selected jury. Furthermore the judge held that the prosecutor acted within his rights, as peremptory challenges can be used to remove any jury member for ...

The Future of Merit and the Civil Service System Essay

The Future of Merit and the Civil Service System - Essay Example Illustratively, Condrey & Battaglio (2007) argued that in past few years, the principles related with merit in practice have been altered in the US civil service system. Nevertheless, irrespective of all the changes observed, the meritocratic idealism in the system remains to be a noteworthy aspect, especially when focusing on efficient decision making criteria in the Human Resources Management (HRM) dimension (Condrey & Battaglio, 2007). In contradiction of these notions, Ingraham (2006) reveals a sense of skepticism to the viability of the principles as well as the practices related with merit in modern civil services system. Asserting various issues or challenges in relation to determine the future of merit in the civil service system, Ingraham (2006) argues with respect to underdeveloped governmental performance as linked with the reform of civil services, particularly with performances and diminished democratic responsibilities for the same. With this concern, the essay intends to compare the arguments postulated in the two articles of Ingraham (2006) and Condrey & Battaglio (2007) emphasizing the significance of a meritocratic civil service system in the modern US context. ... In precise, the arguments of this essay will be based on the following themes, which will further act as a base for its framework. The central point of debate in the two articles concerning the significance of merit in the reformed civil services system of the US Socio-political implications of the inferences drawn and their reliability Summative lessons obtainable from the articles Brief summary of the central point of debate in the two articles â€Å"A Return to Spoils? Revisiting Radical Civil Service Reform in the United States† The major points argued in the article titled, â€Å"A Return to Spoils? Revisiting Radical Civil Service Reform in the United States†, emphasize that the prime objectives of civil service reform in the US exhibit deep significance in the political smoothness and economic prosperity of the nation. Therefore, with the gradual and continuous reforms in the civil services dimension, as the merit based personnel management trend became faded, th e economy also had to suffer various mayhems, mostly in the form of socio-political conflicts. As stated by Condrey & Battaglio (2007), the target of civil service reform in the US, since its commencement has been to enhance efficiency in the HRM practices by making the managerial authority much stronger and transparent at the same time. For example, the initiative taken by Brownlow Commission in the year 1937 in introducing an effective management-oriented system in public personnel administration was aimed to deliver greater control to the management concerning personnel management in companies. However, focusing on the recent reforms in the US civil services system

Recording labels and music marketing Essay Example | Topics and Well Written Essays - 500 words

Recording labels and music marketing - Essay Example In the article "Paying the Price" there is a new owner of EMI Universal. Rivals of EMI are challenged with an opportunity to expand all over the world. Moreover, our study looks at UK albums and singles sales between the beginning of 2011 and the artists and assets behind 44% of EMI's album sales, which will have to be divested in 2012 and about 30% of UK singles sales must expand. These impressive figures underline the fact that a challenging environment of the modern music industry sets the pace of a competitive development in this field. This is a complicated background for future performance of the Company internationally. Moreover, divestments experienced by the Company can lead it to huge losses. It is hard to believe, but the artists, whose creative works and developments were rooted in this Company, are now leaving it. Artists and assets are to be sold off by Universal behind 44% of EMI's UK album sales in 18 months to the end of June 2012. This Company sold 20.4 million albu ms in UK between January 2011 and June 2012 with to-be-divested Parlophone label behind more than 3 million of them. The Company must let go albums of very popular artists, such as David Guetta, Kate Bush, Eliza Doolittle and some others. EMI's to-be-divested share of the Now! Franchise equated to more that 2.4 million UK album sales in 18th months period. There are some interests of the competitors in the field of music industry, which are violated. Nevertheless, it should be mentioned that some artists stay with the Company.

The Four Causes of Aristotle Essay Example for Free

The Four Causes of Aristotle Essay Aristotle, being the first historian of philosophy, categorized his predecessors according to how they’ve answered the central questions of the human mind – the question of the first principle of all things. It is otherwise known as the Four Causes. He defined science as knowledge through causes. This doctrine of causes is scattered in different Aristotelian treatises but have its highlight in his book Metaphysics. This principle of causality is an essential part of Aristotelian thought. In his mind, Aristotle argued that events happen for a cause which will explain its origin, end and the way it came to be. For him, â€Å"everything that comes to be is due to causes.† He criticized his predecessors for their not having clearly explained the why of this, that, and so on. Chance, mythology or fortuitous events are not sufficient enough to solve the problem of cosmology. These causes are divided into four distinct types. He developed this principle from the standpoint of being. For this reason, the basic Aristotelian division is between actual and potential causes, contrary to the traditional division made by the scholastics between intrinsic and extrinsic. As for the actual cause, there is the formal, efficient and final causes and for the potency only the material cause; in the traditional scholastic division, material and formal causes made up the intrinsic cause while the remaining two makes the extrinsic cause. Each of these causes can be shortly defined as follows: 1.Material Cause is the constitutive element from which something is made from. 2.Formal Cause means the form of something, â€Å"it is what determines its essence to be what it is† 3.Efficient Cause is the being who made that something. 4.Final Cause is that for what sake something exists, â€Å"it is what constitutes the perfection of the being† . In other words, it is the purpose of that being. The final cause is the summation of all other causes; it is where every other cause can be founded. â€Å"‘Cause means (1) that from which, as immanent material, a thing comes into being, e.g., the bronze is the cause of the statue and the silver of the saucer, and so are the genera to which these things belong. (2) The form or pattern, i.e., the definition of the essence, and the genera which include this (e.g., the ratio 2:1 and number in general are causes of the octave), and the parts included in the definition. (3) That from which the change or the resting from change first begins; e.g., the adviser is a cause of action, and the father a cause of the child, and in general the maker of a cause of the thing made and the change-producing of the changing. (4) The end, i.e., that for the sake of which a thing is; e.g., health is the cause of walking† As mentioned earlier, Aristotle classified earlier philosophers by what kind of cause is their philosophy. We can classify Thales, Anaximander, Anaximenes, Heraclitus, Anaxagoras and Empedocles in the material cause. These philosophers, though differing in opinion of the primary principle of all things, emphasized the constitutive element of everything. Thus, they are rightly to be numbered in the material cause. The water of Thales, the air of Anaximenes, fire of Heraclitus, the atoms of Leucippus and Democritus, the Homeomeries of Anaxagoras, the four elements of Empedocles and the apeiron of Anaximander (â€Å"†¦ he [Anaximander] said that the principleand the constitutive element of the things that exist is the apeiron. He was the one who first designated the material principle of all things by this name† ) are all primary element of everything for these philosophers, may it be by some other cause or not. For the formal cause, we can only classify only three pre-Socratic thinkers, Pythagoras, Parmenides and Anaxagoras. By formal cause, we mean that it pertains to the form of everything. Let us try to briefly examine each of these philosophers: The Pythagoreans have thought that the first principle is Numbers; their idea of Numbers is different from ours. For them, numbers have resemblances from everything. â€Å"Musical harmony for example, could be reduced to a set of numerical relations. Natural phenomena followed an order e\which could also be measured numerically – the duration of the year, the seasons, the length of the day, etc.† Parmenides, on the other hand, thought of the â€Å"being† as the principle of everything. â€Å"One statement alone expresses the road to follow: being is† . His being is univocal; it can only be apprehended by the intellect. He denied the existence of change, therefore, making his being as something permanent, unchangeable, immovable. It cannot cause something for it will mean to cause a change, thus, we cannot classify being as an efficient cause. Rather we classify it to the formal cause for his being underlies everything, it is actually in everything. Lastly, Anaxagoras, though numbered earlier among the material philosophers, can also be classified in the formal cause. Because of the multiplicity of substances, he concluded that the first principle (in his case his Homeomeries) must, in a way, embody all things in itself. We can also enumerate Anaxagoras and Empedocles in the efficient cause. Let us examine how this had happened. Alongside his Homeomeries, Anaxagoras added another principle, the Nous (Intelligence). It is important to bear in mind, that the Nous is separated from matter. It merely starts the cosmic movement from where everything starts to differentiate from one another. Its movement determines the diverse proportion of Homeomeries in each thing. Thus making reason â€Å"deus ex machina† â€Å"’The Intelligence ordains everything that is brought into being – those things that existed in the past and exist in the present and exist no longer, those that exist in the present and those that will exist in the future.† Empedocles is another philosopher with an efficient cause. Because of the influence of Eleatic philosophy, he is forced to search for another cause besides the material principle in order to salvage the world of phenomena. He put Love and Hate as the efficient cause that unites and separates the four elements. While love brings forth together, hate separates. There is a perpetual alteration of dominance between those two; this cycle dictates corruption and generation. â€Å"Things never cease to change, sometimes uniting with one another through Love; and at other times, separating themselves from one another through the divisiveness of Discord† The final cause: the most important of all the causes. In this category we can classify the sophists and Socrates. They have put man as the measure and end of all things. The final cause is for man. Sophism ushered a new era in philosophy as a whole, this age turned to man for the first time. Everything belonged to man. Though sophism had been degenerated into â€Å"apparent wisdom† , with it still came the time where man has been the focus of philosophy. His end and his goodness is the final cause of everything. Protagoras, most famous of the sophists argued that man is the one who determines everything, even truth. This relativism of Protagoras is because he based his knowledge exclusively on senses which are constantly subjected to change. This can be summarized on his words in the introduction of On Truth: â€Å"Man is the measure of all things – things which exist insofar as they exist, things which do not exist insofar as they do not exist.† Socrates, the one who â€Å"called philosophy from heaven†; is the foremost philosopher of the final cause. For him the most important thing is for the benefit of the human soul, ergo, knowing the good. For him the soul is the center of moral life. He identified virtue as knowledge, the mainspring of all other virtues. For him, only in ignorance does one commit sins. In Socratic thought, human dignity has been raised that all things are for the good of his soul. These four causes of Aristotle gave a very clear view of the improvement of ancient Greek Philosophy, from its coldest principle for all things to the warmest humanistic approach. I am in a position with Aristotle concerning these causes. As for me, the causes clearly demonstrate the history of Greek Philosophy from the pre-Socratics up to Socrates.

The Euro :: essays papers

The Euro In 1991 it was decided that the Euro would be introduced. It officially became the currency of eleven European nations: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Portugal, and Spain, shortly thereafter. Although the actually hard currency will not be introduced until January 1, 2002, it is possible to trade and complete transactions using this currency. This introduction allowed for a single money supply throughout most of Europe, caused increased transparency of prices and stocks throughout the nations adopting it and encouraged long-term investments between firms in different countries by eliminating exchange rate risk. Despite these benefits, the launch of the Euro has not gone as successfully as planned. Since it’s introduction the Euro has lost almost one third of it’s value compared to the dollar. This devaluation has the potential to create a large negative effect on European markets. To take control of the situation government intervention was deemed necessary. In early September, the European Central Bank lowered interest rates for the sixth time in less than a year, in hopes of initiating a rise in the value of the Euro. Despite these efforts the value of the Euro continued to falter. Then in late September central banks from many powerful economic nations collaborated in a major invention effort. The banks spent billions buying Euros to increase their demand while simultaneously selling dollars and yen. This effort seemed to have work as the Euro finally stabilized. This invention was an important step because a weak Euro would cause investors to lose confidence in the new currency. In addition it created a risk of increased inflation because of the increased expense of imports. However, the Euro is still not out of danger because many analysts feel that the reason that it is performing so poorly is because of the decreased amounts of investments in Europe as other markets, the United States in particular, continued to flourish. This is a long-term problem that the central banks will be unable to fix. Then in November as there were signs of slowing economic growth in the US the value of the Euro started to increase. By late November many businesses were acquiring a preference for the Euro because of the benefits it provided. According to one article, â€Å"The Euro has revolutionized corporate strategy and transformed approaches to doing business in Europe.