Medicinal Marijuana †Health Essay

Medicinal Marijuana – Health Essay Free Online Research Papers Commonly known as marijuana, cannabis is the worlds most used illicit drug. [ACDE] Dating as far back as 2500 B.C., Marijuana has not only been used for its feeling of euphoria, but also for medicinal purposes. The plant was first documented being used in the ancient Chinese cultures as an effective pain killer when ingested. [Rawson] Texts from Pakistan confirm that marijuana was used to treat illnesses such as gastrointestinal disorders, insomnia, headaches, and pain relief; especially in childbirth. In the 1800’s, Marijuana was used throughout the world as a general pain reliever before the invention of Aspirin. Then, in 1937, the United States passed the Marijuana Tax Act to ban marijuana, becoming the third country to do so. Its only protestor was the American Medical Association; how ironic. [Rawson] Delta-9 tetrahydrocannabinol (THC) is the mind altering and relaxing ingredient found in marijuana. On average, the THC content of marijuana is 4% but may vary slightly on the conditions of the plants growth surroundings. Sinsemilla is a form of marijuana made from just the buds and flowering tops of the female plants and averages 7.5% in THC. [ACDE] In the 1970’s, a synthetic version of THC was designed in pill form known as Marinol. [ACDE] It has been used to treat Glaucoma, people undergoing chemotherapy and in some cases, for AIDS patients. Marinol has worked not only as a pain reliever but also to control nausea and increased appetite. Marinol is easy to regulate dosages and does not get the patient a high feeling, which may or may not affect the patient’s routine day. [Grinstead] Marijuana is known as a gateway drug and may lead to an addiction or a dependency. Marijuana is mostly smoked which may lead to heart and lung disease, throat cancer and a decreased memory capacity. [ACDE] While driving under the influence of marijuana, the user is ten times more likely to get into an accident due to perception distortion. [Rawson] Smoking marijuana may create the user to experience paranoia as well as hallucinations. Frequent marijuana users achieve a higher likelihood of getting chest colds, bronchitis, emphysema and bronchial asthma. Regular use from males may even reduce sperm count. Women who smoke while pregnant have the risk of premature babies or babies with lower birth weights as well as possible health problems. [Grinstead] Marijuana is classified as a Schedule 1 substance, meaning it has no acceptable medical use. [ACDE] Although there are some who believe that Marinol works great, most users who have also tried marijuana state that the drug is not nearly as effective. Many chemotherapy patients found that they were not able to ingest the pill due to vomiting and even swallowing the pill was difficult for some. [Grinstead] Many users also reported severe problems with Marinol, including side effects and announced to leaving the pill to smoke marijuana instead. [Wikipedia] Although there is no evidence supporting this claim, many patients have stated that smoking marijuana has helped them deal with many medical problems ranging from pain relief to even helping with the downfall AIDS provides. [ACDE] Researchers who were testing for marijuana intoxication found that smoking the drug actually reduces intraocular pressure which can cause blindness in glaucoma patients. THC may also aid in the prevention of atherosclerosis. [Wikipedia] Marinal itself can cost a patient thousands of dollars annually while growing a plant which slightly easier. Immediate relief is sent to the patient when smoking marijuana therefore making the drug easily dosed. [Wikipedia] While many will argue that marijuana is an addictive drug and will lead to dependency, the same can be said about almost all prescription painkillers such as: Vicoden, Oxycontin, Oxycodone, Valium and Xanax which have been major drugs leading to admissions in rehabilitation centers. [Grinstead] In a study approved by the Food and Drug Administration, 250 patients were used to determine what worked better for them: Marinol or smoked marijuana? All patients had been referred by a doctor and had failed to reduce or control vomiting while having tried at least three other alternatives. In conclusion, marijuana seemed to be the favored treatment. A direct quote from the magazine, Compazine, states, â€Å"More than ninety percent of the patients who received marijuana reported significant or total relief from nausea and vomiting.† [Wikipedia] In America alone, more than 700,000 citizens are arrested annual on charges of marijuana. [Grinstead] Not all of these â€Å"criminals† were using marijuana for medicinal or pain relieving purposes, but the knowledge that some aching man was arrested trying to soothe his pain is disturbing. Marijuana is a very debatable topic and will remain to be a very debatable topic due to the fact that not all people will agree with one another. Unlike many other drugs, marijuana provides a relief for suffering patients and many people have already agreed, including six U.S. states as well as the District of Columbia. [Wikipedia] The idea that it is not only a drug but an illegal drug is what is stopping many people from making the right choice and deciding that marijuana should be used to help suffering people dealing with problems that the majority of us could not even imagine. Research Papers on Medicinal Marijuana - Health EssayUnreasonable Searches and SeizuresThe Relationship Between Delinquency and Drug UsePersonal Experience with Teen PregnancyArguments for Physician-Assisted Suicide (PAS)The Fifth HorsemanThe Effects of Illegal ImmigrationGenetic EngineeringInfluences of Socio-Economic Status of Married MalesCapital PunishmentTwilight of the UAW

Dispute Settlement Understanding Essay Example | Topics and Well Written Essays - 3500 words

Dispute Settlement Understanding - Essay Example The members of the WTO are aware of the clear and well established legal procedures available for smooth trading and enforce the relevant rules to settle disputes among themselves. These rules are contained in the understanding on Rules and Procedures Governing the Settlement of Disputes (through Dispute Settlement Understanding or DSU)2 . The strict legal and policy framework of the DSU helps in promoting adherence to rules which are negotiated by WTO Members and since the rule of law rather than the rule of power is applicable and important, the DSU rules are beneficial for small and medium sized countries engage in worldwide trade so that there is very little scope for unilateral trade actions by large countries3. There are automatic establishments of panels to review complaints and disputes by WTO members and specific timelines are also established throughout the process so that all disputes are resolved quickly and efficiently. If the disputes are addressed in favour of a particular member, there are also provisions for a right to appeal against panel decision to a permanent Appellate Body on issues of law and automatic adoption of panel reports4. The WTO Members are encouraged to resolve disputes through consultations and for most disputes, reaching to the state of panel decision may also not be necessary5. If panel decisions are taken, the panel report and the Appellate Body report are adopted by WTO members and at a meeting of the Dispute Settlement Body, it becomes a WTO ruling. The members who are found to violate obligations are given a period of time to comply with the ruling in whatever manner possible. The member is given a time period within which it has to comply with the ruling. If the member fails to comply with the ruling, within the prescribed time limits, then it has to offer compensation to the complaining member during the time of pending compliance with the ruling. When there is disagreement on compensation, then the complaining member may be authorised to retaliate and take action until the other member has actually complied with the ruling. A rule based system seems to provide for a framework that helps to manage international trade relations and the trade disputes. The best method of resolving trade disputes have been considered as consultations and negotiations and when the consultations fail, then the dispute settlement provisions are utilised and panel decision may be sought.6 When even panel decisions fail, appeals are made to the Appellate Body and the legal provisions are identified and implemented. The DSU facilitates smoother trade transactions and exports between countries and also helps individual member countries to defend measures which may be challenged by the other trading partners7. In this assignment we will discuss the effects of Article 4, 6 and 23 of the

Signs and Miracles Research Paper Example | Topics and Well Written Essays - 1250 words

Signs and Miracles - Research Paper Example The miracles of Jesus create a representation of his state as the Messiah and close reading with the stories of the miracles, along with an understanding of the past and the future allow the reader to see the miracles than more than just wondrous events. The Eight Miracles During his lifetime Jesus performed a long series of miracles that helped to give credibility to his ministry. In addition, these miracles gave beauty and compassion to the historic value of the nature of his love. His miracles can be broken down into six periods and the stories of those miracles provide different meanings to the context in which they are told. The first period is a â€Å"preparatory period† between his baptism until he calls his disciples to him.1 Four miracles occurred during this time that as it is reported in the histories. He then continued forward to perform sixteen miracles in the first portion of his ministry, eight in the second, six in the third, and four in the last days before hi s death. After his resurrection he performed one miracle. The total number of miracles reported as having been done by Jesus is 34.2 There can be identified eight miracles that are considered to be sign miracles. Leeler, Grimbly, and Wiggins define seven sign miracles that suggest that Jesus is the son of God. These ‘signs’ are intended to signal his arrival and to be taken as reflective of the nature of worship that would be used towards Jesus as the son of God. As well they define him as deified. The first sign, according to Leeler, Grumbly, and Wiggins, is the most important sign as it is the first to signal that he was more than a prophet or a man. The first sign miracle identified is that of the miracle at the wedding feast in Cana where Jesus turned the water into wine.3 The importance of these signs, such as turning the water into wine, is that they are visible and do not leave an abstracted idea of the nature of Jesus. They clearly proclaim that he is divine.4 I n turning the water into wine, the act provided for â€Å"symbolic actions (that) were valuable for his purpose because they were able to integrate several levels of meaning into a coherent whole†.5 Jesus showed himself through compassionate and real life applications of his miracles. The sign of the wine is also connected to prophesy concerning the messiah. According to Koestner, the use of wine was symbolic of the expectation that there would be an â€Å"outpouring of divine favor upon Israel†, the quote from reflections that suggested that â€Å"the mountains shall drip sweet wine, and all the hills shall flow with it’ and sometimes connecting abundant wine with the restoration of Davidic rule (Amos 9:11, 13; Joel 3:18; Isa 25:6)†.6 That the messiah was from the line of Davis was an important proof of his deity, however reinforcing that deification through associating his miracles with wine provided for symbolic proof, as well the proof of his lineage. Because of the well known, but sometimes vague nature of prophesy, creating symbolic proofs was as important as creating blatant proofs. Short of crying out this claim, the miracle of creating wine from water was a sign to those who had studied the prophesies that Jesus was the Messiah that Israel had been waiting to arrive. The second sign miracle can be considered as the act of healing the royal official’s son. According to Gross who paraphrases John 4: 46-54, Jesus says to the official that â€Å"

Presentation Critique Essay Example | Topics and Well Written Essays - 250 words

Presentation Critique - Essay Example The introduction did, however, set up the presentation well and give some general themes that would be explored better further in the presentation, though one thing I would have liked to see would be some explanation of context (a power outage that affects a huge area vs a small area, or home vs office etc.) The content was good, though some parts of it were more disjointed than was necessary. The introduction gave some topics that would be discussed, but some of these were either missing in the presentation (such as how to stop equipment damage) or else not clearly correlated with those introductory ideas. However, all content presented was on topic, appropriate and effective. This was one of the weaker areas of the presentation. Some of the visuals were good (the lightning one, for instance) while others seemed very out of place: the â€Å"Key to success† visual was both off topic (equating success to money, which was not really what success is in terms of power outages), while also being low resolution and overly

On Becoming a Leader Essay Example for Free

On Becoming a Leader Essay The book I chose to review is â€Å"On Becoming a Leader† by Warren Bennis. At the crux of this book is a search to understand how leaders are made. Throughout the book, the author tries to prove through polls and observations, that leaders are not born but are made through a combination of nature and nurture. Leaders who excel tend to have similar characteristics which have been developed by a series of experiences in their lives (these include embracing mistakes, taking risks and learning from adversity). Another idea discussed in the book is that of the role of education in making leaders. Bennis notes a number of qualities and abilities that are common amongst the leaders he interacts with. Some of those are relating well to others, trusting others and in turn being trustworthy, the ability to motivate people and to not give up, inspiration and competence in the job. However, he claims that a major problem in business leadership is the â€Å"societal disease of our time† (as said by Norman Lear to him) short term thinking. He highlights throughout the book that this form of thinking is not beneficial to organizations and that a good leader should be able to look further and not give the short term too much importance. At one point he claims that short term thinking is what kills one of the most important attributes a leader must have innovation. The author mentions that leaders are important to an organization since they are of paramount importance to the operational performance, stability and integrity of the organization. To this end, Warren Bennis presents in a systematic manner various attributes that are required of a leader to be able to perform well. The first attribute discussed is the ability to â€Å"Master the context†. In this chapter, the author discusses the fact that a leader must be able to understand the reasons and outcomes of different situations. Only once he has managed this, will he be able to act in the best possible way for his organization. This is in line with what we have learned throughout our course regarding improving one’s self-awareness as well as the 4 perspectives of organizational effectiveness. A leader must be able to understand the context of work and respond by being aware that he needs to look after different perspectives of people and systems related to the organization. The second thing discussed is â€Å"understanding the basics†, which is quite similar to mastering the context. In this, Warren Bennis explains that leaders need to understand the underlying concepts at work before making decisions. He lists a series of attributes that can be found in most leaders including self-knowledge, passion, vision and trust. He argues that most of the leaders are not born with these attributes but life experiences and a desire to lead people enables them to develop a good understanding of this. Their drive to acquire and learn are much higher than on average and they actively pursue these drives while taking risks and placing lesser importance on their drive for safety. In this he also discusses the difference between managing people and leading them. We have gone through various topics related directly to this effect in class. According to me, one of the strongest drives an individual has is the drive to safety. An individual would be much more comfortable if they can trust their leader. The ability to understand the thought process of their leader and their belief/trust in him helps shore up their drive for safety. Across cultures, people tend to avoid uncertainty and if a leader is able to, through knowledge and an understanding, provide people with an image of consistency; it goes a long way in settling people and reducing stress. The third lesson is â€Å"knowing yourself†. Warren Bennis argues that in order to lead others, one must fully understand themselves. To be able to trust your decisions/inner feelings is extremely important for leading people and making correct choices. The author goes on to highlight 4 lessons that enable an individual to understand themselves. They are â€Å"you are your own best teacher†, â€Å"accept responsibility†, â€Å"you can learn anything you want to learn† and â€Å"true understanding comes from reflecting on your own experience†. All these lessons are at the core of organizational behavior as we have learnt. These 4 lessons can apply even to organizations as well as being useful for individuals. Self-concept is an important part of an individual’s make up and to feed that we must be able to reflect on our past experiences to learn from them. Social learning, learning through reinforcement and learning through experience are discussed as important factors of learning in organizations in our course. I believe this same applies to individuals as they are able to develop their social identity and self-concept through these lessons. Next, the author discusses â€Å"Knowing the world†. This takes a similar route to the previous subject of knowing yourself, while developing a greater scope to the understanding. Cultural understanding is an extremely important attribute in a leader. In an increasingly diverse workforce coupled with increasing globalization, a leader must have the ability to and desire to understand various cultures and behaviors. Values and behavior are very different for different cultures, and a lot of organizations have failed due to the incompatible understanding of their leaders. The HP-Compaq merger was a major case where while it was beneficial financially and operationally for the companies to merge, their leaders were not able to fully adapt the two company’s cultures properly, causing the merger to have not performed anywhere near expectations. One point that I found particularly interesting and felt that was very important was the need for a person to find a mentor who can help them enhance and shape their cultural understanding. The social learning aspect discusses similar concepts, where a person learns from someone whom they aspire to be. Being able to find a mentor who has an in depth understanding of cultures, or at least has a desire to learn cultural differences can help an individual become a more complete leader. The next thought discussed by the author is â€Å"Operating on instinct†. This discussion focuses on the fact that a good leader should be able to believe in himself and should be able to take decisions from his gut feeling. More often than not a leader and even individuals will have to make decisions without knowing all the details they would like to know. The presence of incomplete information should not make the leader less likely to make a decision. A good leader will have developed enough self-awareness and through self-evaluation and verification be able to rely on his instinct to make the right choice. This enables the leader to be able to quickly and decisively contemplate and decide issues. The next discussion is based on †Deploying yourself†. In this the author talks about the fact that a successful leader is a person who is willing to take on challenges even though he might have failed in earlier challenges. The drive to learn and acquire are, I feel, major contributors to this topic. A good leader will be able to reflect on his past experiences and learn from them; and this gives them confidence to continually drive for newer challenges and tasks. Another topic discussed is â€Å"Moving through chaos†. In this chapter, Warren Bennis describes the difference between all individuals and leaders. He points out that everyone faces problems and issues in their career, but that leaders analyze these problems and tend to learn from these. Conflict resolution can take many forms through third-party conflict resolution or negotiation. Leaders reflect on their conflicts and develop an understanding of how to overcome those challenges. â€Å"Getting people on your side† is the next topic covered. The main point of this discussion, and a very important learning for me personally, is the ability of the leader to be trustworthy. To be trusted, a leader must display consistency in his actions, congruity meaning what they say, reliable to their followers and have a strong integrity. This once again gravitates towards the drive for safety individuals have. To be lead by someone, an individual must trust them to act on their behalf and be able to predict to a certain extent what their leaders will do for them. The concept of romanticizing leadership is down to this ability of leaders. If a leader is able to bring their employees/followers on their side, the leader’s ability to work through tasks and challenges is increased. Even mistakes made by them will be viewed in a positive light, enabling them to continue taking risks. â€Å"Organizations can help or hinder† is the next topic that is discussed. This focuses on the fact different organizations will have different expectations from their leaders. The culture at an organization will dictate how well a leader will be able to lead the organization. A good leader will be able to understand the context of the organization and will try to devise strategies he can implement to make changes. The author also mentions that the leader should try and develop organizational characteristics that are in line with their culture. This also transposes into the last discussion of â€Å"Forging the future†. The impediments faced by leaders in an organization can be very hard, but a good leader will be able to develop his own culture and characteristics to move the organization forward. One major issue I had with this book was that while the author continually refers to short term thinking as a â€Å"societal disease†; he himself to a certain extent subscribes to that notion. His interaction with the leaders seems comparatively very short term. Throughout the statements made in the book, it felt that the interviews were more about successful past rather than forward looking. I understand that one of the major attributes is to learn from experiences but the I’d prefer if the author also focused equally on the leader’s thoughts about the future. Secondly I felt that there was quite a bit of political commentary in the book. I knew that it was going to have some after reading the reviews while selecting the book, but the political leadership aspect seemed to be a comparatively one sided. I feel that the author could have refrained from making this political and focused instead on the corporate leadership aspect.

Comparison of Economic Systems: Germany and the UAE

Comparison of Economic Systems: Germany and the UAE Introduction â€Å"Economy is the state of a country or region in terms of the production and consumption of goods and services, and the supply of money†(Oxford Dictionaries 2012). Before profound studying about the mentioned countries one important aspect should be taken into consideration the similarity between these two countries is their critical role in their region, both of those countries has a significant influence on the political and economy climate in their respective regions. Germany is located in Central Europe, south of Denmark, between Poland and the Netherlands. It has a direct access to North and Baltic seas. The countrys total area is 357,022 sq.km and the population around 82 million people. Historically, Germany has evolved couple of unifications and reunifications including the last one in 1990. Excellent infrastructure, location, skilled workforce and moderate wage rate make Germany very attractive for business. Notwithstanding, there are some environmental problems, such as air and water pollution, soil erosion, diminishing biodiversity and shortage of resources. The United Arab Emirates is located on the eastern part of Arabian Peninsula and shares borders with the Kingdom of Saudi Arabia to the south, Oman to the east and sea sharing borders with Qatar. Also, country has a direct access to Persian Gulf and Indian Ocean. The UAEs total area is much smaller, only 83,600 sq. km. The United Arab Emirates thrift and stability is substantiating by its considerable oil wealth that was discovered in 1960th, most of which is concentrated in Abu Dhabi the countrys capital (â€Å"United Arab Emirates profile’ 2012). Although, the UAE will remain be contingent on the oil reserves for many years to come, nevertheless, its level of dependency is gradually declining. The main role in development was taken by Dubai, which has become a regional financial, commercial powerhouse and o one the prime tourism centers of the Gulf Region. Moreover, a strong combination of oil prices, plentiful financial and fiscal resources, political stability, regulator y reforms and infrastructure development will backing the UAEs country risk profile. Germany represents a federal parliamentary, representative republic with a six main political parties, dominated by the Christian Democratic Union, the Christian Social Union of Bavaria and the Social Democratic parties. The head of the government who exercises executive power is a Chancellor Angela Merkel. Nevertheless, due to the fact that Germany is a member of European Union and G8, policies are subordinated with those organizations. As the biggest economy in Europe, Germany contributes 25% of Eurozones GDP. The political structure of the United Arab Emirates is a federation of seven monarchical emirates. His Highness Sheikh Khalifa bin Zayed Al Nahyan is an emir of Abu Dhabi and the President of the country. The federal system of government includes the President, the Prime Minister, the Supreme Council, Crown Princes and Deputy Rulers, the Federal National Council,the Council of Ministers (UAE Government 2012). Although, Germany has the second largest population in Europe, it faces an aging population. This implies some long term problems, such as increase in governmental welfare expenditures, healthcare expenses, pension’s payments and loss in income tax. Nevertheless, countrys immigration policies and laws set up favorable conditions for immigrants, and immigration rate exceeds emigration level. 10% of Germanys population consists of non-native nations, such as Turkish, Greek, Italian, Russian, Polish, Spanish and Serbo-Croatian. According to World Bank, UAE’s locals constitute only 16.5% of the total population. Meanwhile, the number of expatriates increasing over time, Indians accounts the biggest part with a 1.7 million people. Also, most of native representatives tend to work in public sectors, benefiting with a higher salaries, shorter working hours, greater job security, while 98% of private-sector workplaces are occupied by expatriates. As the graphs below represent the population pyramids for compared countries, we can mention the aging population in Germany, as was described previously. Also we pay attention on difference in population composition of those countries. Almost in every age group Germany’s population is somewhat balanced between male and female genders. On the other hand, we can see the drastic difference between male and female composition of United Arab Emirates’ population. Age groups from 20-64 is highly dominated by males; this caused by the fact that most of them are expatriates and they are coming to the country in search of a job, leaving their families in home countries. Source: US Census Bureau, International Data base (IDB) GDP Growth The economy of Germany continues to be based on individual consumption and going to strengthen by further investments, meanwhile next exports is still deterring growth. Germany has been decreased its dependence on exports in recent years. In addition, the Social Democratic Party has successfully pushed for an expenditure increase in infrastructural, educational sectors, as well as pension increase and minimum-wage regulation across all country by 2015. Eurozone’s debt-crisis caused uncertainty on consumers’ confidence and future expectations about their personal finances. Income is continuing to be supported by stable employment and increase in average wages. Also the expected perseverance of historically low interest rates will reinforce investment growth during upcoming years. Cheap mortgages will robust construction industry. Exports will recover during 2014, but the Eurozone crisis and geopolitical conflicts in the Ukraine and the Middle East are limiting scope. Although consecutive economic stabilization in the European Union will permit German exports to strengthen, the spikes in rebound trend during end of 2013 and beginning of 2014 – the natural structure of European debt crisis which in turn will limit the speed and vigour of export recovery. Furthermore, incandesce of Ukrainian situation and possible further escalations of actions in Iraq are incrementing world’s uncertainty and keeps internati onal trade back. The expected growth of the GDP of UAE is 4.3% in current year. Compared to the previous year the GDP growth, the highest after Great Recession, has declined. Economic growth had a strong acceleration in 2013 of 5.2%, but then economy faces some difficulties. Oil GDP expands only at a 1.8% rate this year, following 4.8% in 2013. With average global price of $109 per barrel in 2014, UAE oil output – which concentrated within the Abu Dhabi emirate – is going to reach around 2.7-2.8 million barrels per day. Non-oil sectors of the economy will continue to outrun growth driven by oil extraction. Activity in the non-oil sector has been steadily recovering following the downturn in 2009 and will continue to be the driving force of the economy’s growth momentum in 2014. Non-oil GDP is continuing holding on the same level as in 2013 – approximately 5.4%. The UAE has economy is relatively stable amid the disorder in the region. The key non-oil activities such as tourism, retail, and service help to drive the growth. Manufacturing activities led by aluminium and petrochemical industries is going to strengthen the following years. Also strong economic conditions will benefit both the transport and trade sectors. Real estate and construction sectors also improved along with overall market conditions. Infrastructure and development projects also had an additional motivation with Dubai’s award of next Expo city. A set of regulations implemented by authorities will help against a repeat of a boom cycles in Dubai. All these facts regarding Expo 2020 should provide a platform for a stable growth in tourism, construction, transport and hospitality industries in next 5 years. 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Germany -0.38% 1.16% 0.68% 3.70% 3.27% 1.08% -5.14% 4.01% 3.33% 6.89% 4.32% UAE 8.80% 9.57% 4.86% 9.84% 3.18% 3.19% -4.80% 1.67% 3.88% 4.37% .. GDP by type of Expenditure According to the expenditure approach of calculation of Gross Domestic Product, it equals to the sum of such components as consumption (C), investment (I), government purchases (G), and net export, i.e. difference between export and import (NX): Y=C+I+G+NX. Germany UAE Gross capital formation (% of GDP) 17.26 22.66 General government final consumption expenditure (% of GDP) 19.29 6.90 Household final consumption expenditure, etc. (% of GDP) 57.53 49.75 Net Export (% of GDP) 5.92 20.68 Inflation UAE consumer inflation surpassed the 2% mark in April for the first time in five years, according to the National Bureau of Statistics. Housing price inflation was relatively continual with 2.6% year on year in May; Dubai’s inflation has lowered to 3.7% compared to 4.9% in April. Real estate has become the main inflation driver in UAE, excelling food price inflation of 2.1%, even as food prices are increasing at 0.9$ rate per month. Consumer inflation is soon averaging 2.2% in 2014. The recovery of housing prices reflects the prolonged downturn in the real estate market. The annual inflation rate is expected to soar up to 3% by the end of 2014. Mildness of world’s commodity prices is going to benefit the inflationary pressures. The United Arab Emirates could face higher problems in their inflation outlook if commodity and food prices go up. 2008 2009 2010 2011 2012 Germany 2.6% 0.3% 1.1% 2.1% 2.0% UAE 12.3% 1.6% 0.9% 0.9% 0.7% Germany’s nationwide inflation should remain at a very kind level between 1% and 2% in near future. Following the consumer prices inflation leaped from a 22-year low of -0.5% in 2009 to around 2.5% in 2011, the economic deceleration caused by the Europe’s debt crisis during 2012 and early 2013 have led to a softening below 1.5% that will remain during 2014. On balance, core inflation should move broadly sideways to around 1.5% during 2014, as a boosting effect from the Germany’s economic recovery is offset by the continuing restraints of the Eurozone debt crisis, also the anticipated downward tendency of oil prices due to global supply factors. Although, monetary policy of the European Central Bank (ECB) will be much lighter than Germany’s economy is demanding. Germans’ traditional disinclines to inflation should limit the extent to which Germany’s inflation will exceed the European average. Also, inflation will be stacked the level ECB considers unproblematic. Also due to pressure on ECB to buy Eurozone’s governments’ bonds and to allow higher inflation rates is enduring upward economic risk within the region. 2007 2008 2009 2010 2011 Germany 96.1 98.6 98.9 100 102.1 UAE 87 97.6 99.1 100 100.9 Human Development Index The Human Development Index summarizes the long-term development of a particular country or region. It includes three basic parameters: living standard, knowledge accessibility and health and longevity. The HDI is primarily based on international data provided by the United Nations Population Division, the United Nations Educational. In year 2013, The United Arab Emirates had a very high HDI value of 0.827— which places the country on 40 out of 187 countries. From the very beginning of its existence as a government, the United Arab Emirates HDI had value increased from 0.640 to 0.827, and soared up for 29.2 percent. This gives us the average increase of about 0.78 percent per year. The Table below reviews the United Arab Emirates progress of the HDI indicator. Between 1980 and 2013, that was achieved by couple of factors: the United Arab Emirates life expectancy at birth increased by 9.2 years, average years of schooling increased by 5.5 years and expected years of studying increased by 4.7 years. On the other hand, the United Arab Emirates GNI per capita has decreased by about 62.2 percent between 1980 and 2013, due to tremendous increase in expatriate population. UAE Germany GNI per capita (2011 PPP$) HDI value GNI per capita (2011 PPP$) HDI value 1980 153,654 0.64 25,588 0.739 1985 139,421 0.686 27,355 0.752 1990 97,141 0.725 31,002 0.782 1995 102,203 0.764 32,643 0.825 2000 103,798 0.797 35,497 0.854 2005 104,668 0.823 37,259 0.887 2010 57,360 0.824 40,542 0.904 2011 56,393 0.824 41,907 0.908 2012 57,095 0.825 42,965 0.911 2013 58,068 0.827 43,049 0.911 The recent Germany’s HDI value is 0.911— which in turns is one of the highest on the globe —positioning the country at 6 out of 187 countries and territories. Taking the same time range as for UAE, 1980 and 2013, Germany’s HDI value increased from 0.739 to 0.911, an increase of 23.3 percent or an average annual increase of about 0.64 percent. This in comparison to UAE is slightly lower. The table reviews Germany’s progress in the HDI index. The increase in HDI is consisting of: Germany’s life expectancy at birth increased by 7.7 years, mean years of schooling increased by 7.2 years and expected years of schooling increased by 1.9 years. In terms of GNI, Germany’s per capita increased by about 68.2 conversely to UAE, during the same period of time.

Dual Structure in Japan :: essays papers

Dual Structure in Japan What do you understand by the term â€Å"dual structure of an economy†? How do you explain the dual structure of manufacturing industry in Japan? The word â€Å"dual† has the meaning of double, twofold or in two parts according to The Australian Oxford Dictionary (1996). Applying the word to an economic context, I would describe the term â€Å"dual structure of an economy† to indicate the co-existence of two different sectors alongside each other with disparities in technology and productivity between them. Take for instance, the existence of a traditional primary sector along with a modern non-primary sector constitutes to a â€Å"dual structure†. Duality can exist within a particular sector of the economy. The existence of traditional subsistence agriculture alongside export agriculture among the Southeast Asian countries during colonial period is an example of duality within a sector. Minami (1994, p.239) defined â€Å"dual structure† to mean the existence of two distinct sectors; one that has modern technology, a high capital-labour ratio, high labour productivity and wages, against another one, which has all the opposite characteristics. Therefore, one can infer that if large-scale industries with high capital intensity (K) were promoted at the stage in which labour supply (L) is relatively abundant then differentials in labour productivity (Y/L) and the wage rate would arise and lead to a dual structure. For Japan, three characteristics of the economy indicated the existence of a â€Å"dual structure†. First, the coexistence of a very low unemployment rates and continued low incomes in agricultural and small business. Second, the existence of large (â€Å"industrial giants†) and small scale firms within the manufacturing sector. Third, the existence of peculiar characteristics of the labour market such as enterprise unions, wages differentials according to the size of the firm and long term employment (Odaka, 1967 p.50). Furthermore, duality existed in the manufacturing sector too. In general, â€Å"dual structure† of the Japanese economy began before the Second World War as seen in a widening of income differential between agricultural and non-agricultural. The widening income differential was due to two main reasons. Firstly, productivity differential widen as productivity in the industrial sector increases faster due to relative ease in technology borrowing than productivity in agriculture. Secondly, the existence of surplus labour in traditional industries has tended to hinder increases in productivity due to limited arable land for agriculture so the farmland area per worker increased very slightly.