Friday, December 27, 2019
The Bell Jar Literary Analysis - 2261 Words
LeBouef 1 Breana LeBouef Mrs. Smith English III 9 November 2014 The Bell Jar: Literary Analysis With Author Biography Sylvia Plath is a renowned poet and author. She fantasied the world with her powerful writings. Beloved to the world, she truly changed women s status. She wrote distinctively from her own life experiences. This is cleared showed in her book, The Bell Jar. This book offers a theme of rebirth and a theme of feminism. The 27th of October in 1932, Sylvia Plath was born in Boston, Massachusetts. Her father, Otto Plath, was a college professor at the time and a German immigrant (Werlock 1049). Aurelia Schober, her mother, also worked in an university like Otto and taught secretarial studies (Werlock 1049). The family later moved to Winthrop. This is where Aurelia s parents lived and where Sylvia Plath would live throughout her childhood. According to Litz, The Plath household was a patriarchal one in the traditional, Old World sense (Litz 527). This and the city formed Sylvia Plath s personality and her creativity (Litz 528). Also, during this time, Sylvia Plath had a strong connection to her father. Otto Plath showed great pride in Sylvia Plath and she began to idolize him (Litz 529). However, in November of 1940, Otto Plath died of diabetes (Litz 529). She began to write to Daddy shortly after, which showed her contrasting relationship with her father (Sylvia Plath). Also, after Otto Plath death, the family began toShow MoreRelatedThe Characters of Women in The Handmaids Tale and The Bell Jar1504 Words à |à 7 Pages Women in The Handmaids Tale and The Bell Jar nbsp; Sylvia Plaths renowned autobiographical legend The Bell Jar and Margaret Atwoods fictional masterpiece The handmaids tale are the two emotional feminist stories, which basically involve the womens struggle. Narrated with a touching tone and filled with an intense feminist voice, both novels explore the conflict of their respective protagonists in a male dominated society. In spite of several extraordinary similarities in termsRead MoreSymbolism In The Bell Jar1548 Words à |à 7 PagesSylvia Plath uses many literary devices to convey her purpose in The Bell Jar such as symbolism. The Bell Jar itself is used as symbolic representation of the emotional state Esther is in. The glass jar distorts her image of the world as she feels trapped under the glass. It represents mental illness , a confining jar that descends over her mind and doesnââ¬â¢t allow her to live and think freely. Symbols and images of life and death pervade The Bell Jar. Esther experiences psychological distres s whichRead MoreThe Bell Jar by Sylvia Plath1211 Words à |à 5 PagesSylvia Plath Research Paper Title The Bell Jar place[s] [the] turbulent months[of an adolescentââ¬â¢s life] in[to] mature perspective (Hall, 30). In The Bell Jar, Sylvia Plath uses parallelism, stream of consciousness, the motif of renewal and rebirth, symbolism of the boundary-driven entrapped mentally ill, and auto-biographical details to epitomize the mental downfall of protagonist, Esther Greenwood. Plath also explores the idea of how grave these timeless and poignant issues can affect a fragileRead MoreWhen Art Imitates Art757 Words à |à 3 Pagestheir means of expression. ââ¬Å"It is practically certain that music and literature, usually combined with dance, arose as a single activity long before the concept of an art existed. In later stages of history, the connections between the musical and literary arts have varied from nation to nation and period to period. (â⬠¦) As soon as the arts of music and literature began to draw apart, the possibility of oneââ¬â¢s influencing the other arose.â⬠If we believe that art is an imitation of life, then musicRead MoreBiography of Sylvia Plath1452 Words à |à 6 PagesCritical Analysis Sylvia Plath, a great American author, focuses mostly on actual experiences. Plathââ¬â¢s poetry displays feelings and emotions. Plath had the ability to transform everyday happenings into poems or diary entries. Plath had a passion for poetry and her work was valued. She was inspired by novelists and her own skills. Her poetry was also very important to readers and critics. Sylvia Plathââ¬â¢s work shows change throughout her lifetime, relates to feelings and emotions, and focuses on dayRead MorePersonal Ambition And Self Respect By Mary Jane Ward s The Snake Pit, The Bell Jar1461 Words à |à 6 PagesPersonal Ambition and Self-Respect in The Bell Jar Inspired by Mary Jane Wardââ¬â¢s The Snake Pit, The Bell Jar by Sylvia Plath was released in 1963 and discusses a great deal of how difficult it was to be a woman in the 1960s. The 1960s was a struggling time for women; society set standards that women felt obligated to follow. Society told women that their only jobs were to get married, have children, and become homemakers, and if a woman did not fall under all of these categories, she was consideredRead MoreHow To Write Literary Analysis4174 Words à |à 17 PagesHow To Write Literary Analysis The Literary Essay: A Step-by-Step Guide When you read for pleasure, your only goal is enjoyment. You might find yourself reading to get caught up in an exciting story, to learn about an interesting time or place, or just to pass time. Maybe youââ¬â¢re looking for inspiration, guidance, or a reflection of your own life. There are as many different, valid ways of reading a book as there are books in the world. When you read a work of literature in an English classRead MoreAnalysis Of Orson Scott Card s The Great Pattern 1676 Words à |à 7 Pageswhat resonates with the contemporary writer is essential in determining whether the focus of aspiring writers should be imitating Fieldingââ¬â¢s ââ¬Ëwriters of antiquityââ¬â¢, embracing the ââ¬Ëgreat patternââ¬â¢, or on more recent works. For the purpose of this analysis I will be considering works written within the last twenty years ââ¬Ërecentââ¬â¢, whilst analysing what writers gain, or lose, from fiction written longer ago. Some themes in literature are forever relevant to the human condition. George Orwellââ¬â¢s NineteenRead MoreMutilating Self Into Spirit: Sylvia Plaths Poems.4131 Words à |à 17 Pagesimportance of irony in a very impressive and literary way. His article Irony as a Principle of Structure is an excellent piece that stresses and underlines the importance of irony in poetry. According to Brooks, this was one way to visualize the impact of the context in regards to the literary techniques. The backbone of his article is the irony used in any literary work. He believes that this is the key technique to make the poetic or any literary piece more impressive but it should be used withRead MoreStopping by Woods on a Snowy Evening, by Robert Frost Essay1383 Words à |à 6 Pages Robert Frost uses metaphor and symbolism extensively in ââ¬ËStopping by Woods on a Snowy Eveningââ¬â¢, developing deeper and more complex meanings from a superficially simple poem. Frostââ¬â¢s own analysis contributes greatly to our appreciation of the importance of metaphor, claiming that ââ¬Å"metaphor [is] the whole of thinking,â⬠inviting the reader to interpret the beautiful scene in a more profound way. However, the multitude of possible interpretations sees it being read as either carefully crafted lyric
Thursday, December 19, 2019
Comparing the Role of the Ghost in Morrisons Beloved and...
The Symbolic Role of the Ghost in Morrisons Beloved and Kingstons No Name Woman The eponymous ghosts which haunt Toni Morrisons Beloved and Maxine Hong Kingstons No Name Woman (excerpted from The Woman Warrior) embody the consequence of transgressing societal boundaries through adultery and murder. While the wider thematic concerns of both books differ, however both authors use the ghost figure to represent a repressed historical past that is awakened in their narrative retelling of the stories. The ghosts facilitate this retelling of stories that give voice to that which has been silenced, challenging this repression and ultimately reversing it. The patriarchal repression of Chinese women is illustrated by Kingstonsâ⬠¦show more contentâ⬠¦Fujita Sato asserts that the ghost of No Name Woman has given the narrator ancestral help to become a word warrior (Sato, 140). The narrator honours the ghost with paper -- not in the Chinese origamied (16) style, but through the American words and writing. This articulation itself is a betrayal by telling on [the ghost ], but in her reversal of repression, the narrator tries to negotiate between two antithetical (Sato, 139) worlds of her culture and find a newly articulated home ground (Sato, 146). Morrisons ghost, Beloved, symbolizes the repressed horrors of slavery. Sethes desire to put [her] babies where theyd be safe (164) manifests violently when she kills her daughter, Beloved, rather than have her caught by the slave-catchers. This transgression is repressed for eighteen years as Sethe is ostracized by her own community, who cannot understand her actions. The ghost of Beloved haunts 124 with a babys venom (3) but later takes the concrete form of a young girl who shows up on Sethes doorstep. Beloved establishes a debilitating relationship of guilt: Beloved was making [Sethe] pay for it . . . But there would never be an end to that (251). Anna Sonser notes that Beloved underscores her mothers alienation both from a racist society and her own community. (Sonser, 20) She is the repressed past t hat cannot be forgotten and must be confronted. It is Beloveds return, however, that prompts Sethes rememory
Wednesday, December 11, 2019
Literature Research on The Role in Health Care
Question: Why are reviews of the research literature important and what is their role in health care? Answer: Introduction A process of gathering all the information from a presented topic and collecting the studies from the topic and provides a gist of knowledge to the reader to know what does this research contains (Okuyama, A., Wagner, C. and Bijnen, B. 2014). When a new invention is made from an experiment, the full experiment process and the background of the experiment is written in a book. The reader does not know that what does this book contains of. To understand the context of the business, the researcher should give this literature review. This literature review demonstrates a reader about the background of the book or a research so that the reader can understand about the background of the book. Research literature review shows a numerous important roles in a research or in a book. This research literature review brings out the important data and the complementary studies from the context of the book. The key factor in health care is hand hygiene which causes various infections (Rowlands, G. and Protheroe, J. 2012). The research contains in health care is the process of the research. The development of clinical practice and the development of clinical decisions is also contains in the context of health care. This research will show the important factors of review research literature and the act they play in health care. Types of reviews There are mainly two types of reviews of research literature. They are: 1) traditional literature review: It is a type of review which gives an overview of the book or the research from the context of the book. This traditional literature review also shows the conclusion which is drawn by the writer of the book or by the researcher from its research (Michalec, B., Fagan, H. and Rahmer, B. 2013). 2) Systematic literature review: It is another type of review which evaluates the research question, which the researcher tries to find out from its research (Mahmood, A., Chaudhury, H. and Gaumont, A. 2009). This systematic literature review states the review in a very systematic manner which is very well defined about the research or about the book. In systematic literature review, the health care researcher can produce the data from clinical research. Systematic literature reviews are considered as a best collection of evidence which can be used in the research of health care (Clancy, A. and Svensson, T. 2010). The strategy used in the health care research can be briefly described in the systematic literature review. Importance of reviews of research literature A review of research literature always plays an important role in a research. The reviews of research literature always come before the introduction of the research. The review literature of the research gives the summary of the research which helps the reader to get the valuable data about the information If the readers of the book go through the research literature of the research or the book, the reader will come to know about the context of the book or the research. This helps the reader to get the gist of the research. It also helps the reader to know the information of the research by spending less time (Jones, S. 2012). If the researcher does not use the reviews of research literature, it will become very difficult for the reader to gather the context of the book and it will be very time consuming too. So researching the health care research, the audience can find the key factors used in the health care research process which can be easily determined from the reviews of the re search literature (Jones, S. 2012). Role of research literature reviews in health care The main role of reviews of research literature is to evaluate the information and the valuable datas from the main context of the research. The main function of the reviews of research literature is: A) Review literature of a research creates a good relationship with the researcher and with the audience. b) Identifying the relevant theories. c) Identifying the research field. d) The research can be summarized in the literature review. e) The research can be synthesized in the literature review. The research literature review can play a vital role in the turf of health care. This research literature can give an idea on the development in the guideline of clinical practice, can also give an idea on the decisions making in the clinical decision (Gorin, S. 2009). The researcher of health care do not have time to read the full article on research of health care, so its better to give the research literature review to find out the key words used in the research to update their valuable knowledge and the valuable skills for their practice. The research literature review gives brief information from the research article which is very helpful for the practitioners of the health care to upgrade their knowledge (Gorin, S. 2009). The practitioners of the health care are very much rely on the research literature review because they gets all the valuable key words of the research from the research literature review. The research literature review helps in developing the guideline of heal th care which helps the practitioner to get valuable information about the health care (Gorin, S. 2009). The research literature review rules out the gaps of the previous research knowledge and the current research knowledge, which is very vital for the practitioner to update their valuable knowledge and their valuable skills for their health care practice. Conclusions The research literature review gives a collection of gist available in the context of the research. The research literature review helps the health care practitioner to update their knowledge and to update their skills. Therefore, the research literature review plays an important role in the field of health care. It gives the valuable information in the development of clinical practice, it also helps in the health policy development, decision making in the clinical section. It follows the systematic literature review which brings out the best evidences from the research. References Clancy, A. and Svensson, T. (2010). Perceptions of public health nursing consultations: tacit understanding of the importance of relationships. Primary Health Care Research Development, 11(04), pp.363-373. Gorin, S. (2009). Health Care Reform: The Importance of a Public Option. Health Social Work, 34(2), pp.83-85. Jones, S. (2012). The Importance of Nurses as Participants of Research. Home Health Care Management Practice, 24(5), pp.261-262. Mahmood, A., Chaudhury, H. and Gaumont, A. (2009). Environmental Issues Related to Medication Errors in Long-Term Care: Lessons from the Literature. HERD: Health Environments Research Design Journal, 2(2), pp.42-59. Michalec, B., Fagan, H. and Rahmer, B. (2013). Primary care practices perceived constraints to engaging in research: the importance of context and Flow. Primary Health Care Research Development, 15(01), pp.58-71. Rowlands, G. and Protheroe, J. (2012). SAPC Hot Topic: the importance of health literacy in primary care. Primary Health Care Research Development, 13(02), pp.186-188. Short literature notices. (2009). Med Health Care and Philos, 12(4), pp.483-488. Okuyama, A., Wagner, C. and Bijnen, B. (2014). Speaking up for patient safety by hospital-based health care professionals: a literature review. BMC Health Services Research, 14(1), p.61.
Tuesday, December 3, 2019
We Are Pilots by Shiny Toy Guns free essay sample
Chad Petree is the co-producer, male lead vocalist, and songwriter of indie electronic band Shiny Toy Guns. He grew up in small town Shawnee, Oklahoma, where he and his best friend Jeremy Dawson developed a passion for music. They were involved in several bands after another, but none felt right, so by pattern they left them one by one and settled on making their own, Shiny Toy Guns. Even after releasing albums We Are Pilots, Season of Poison, and remix disc Girls Le Disko, their sales never went up to more than 60,000 copies of each album sold. Chad is a beautiful person, in all categories. His masculine build and black schoolboy hairdo make him physically attractive, where as the one part of his body that really attracts to me is his arm. Big black letters that read ââ¬ËTo The Machineââ¬â¢ have been tattooed to his right arm, but it is the meaning of it that appeals it to me the most. We will write a custom essay sample on We Are Pilots by Shiny Toy Guns or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Chad says that the saying on his arm is a reference to Pink Floydââ¬â¢s song ââ¬ËWelcome To The Machineââ¬â¢, a personal favorite to Chad, and he says that it has so much meaning that he wanted it to be a part of him. Iââ¬â¢ve taken those words so deeply to me that at one point I began begging my mom to allow me to tattoo the lyrics to my favorite song to my right arm, too. Without surprise, the answer was no. Through my disappointment, I found another trend I could follow in. I adored the idea of wearing band T-shirts like he does, so now what youââ¬â¢ll basically see in my closet are stacks of The Who, Nirvana, and Keane T-shirts. What I also adore about Chad is the recognition of what his fans want from him. As a kid, no major band ever came to his town, or at least no band of his interest. Now, as a music icon, he makes sure to satisfy his fans by touring in places such as Fredericton, NB, Canada instead of LA or Japan, as other stars do. I have also heard that he is irresistibly hilarious. But the major reason I love Chad Petree is typically because of his music. He puts so much soul and truth in his music and lyrics that it never fails to make me cry, and I guess this leads me to why I want to be like him someday. When I listen to the words that Chad had taken the time and effort to perfect, or the chords he synchronizes impressively on his guitar, it makes me feel close to my heart. He strums the music from its nature, and sings the words out of my mouth with such candid confidence that it makes me wish that I was the one who wrote those lyrics, or that I was the one who composed the piece. Itââ¬â¢s just ultimate genius, and it has Chad Petree written all over it. I wish it had me written all over it. I do often sneak sayings and quotes from Shiny Toy Guns into my own words, Iââ¬â¢ll admit, but they just never seem to click the way they must with Chad. You may find this stupid or immature, but Iââ¬â¢m actually really bothered by the fact that I didnââ¬â¢t start the trend to wear band T-shirts, but instead had to pick it up from Chad. Iââ¬â¢ll find another clever way to start a trend like thatâ⬠¦ maybe a haircut, or a piercing, but deep down I know that those have nothing to do with the same meaning of Chadââ¬â¢s T-shirts or tattoo. Iââ¬â¢ve got a handful of friends who have met Chad Petree, and when they told me, I could do nothing but envy them for a while. But when I came to my senses and asked them to tell me about their journey, they let me in on a side of Chad that I didnââ¬â¢t know. He is a cool laidback kind of guy, he always has a good time, heââ¬â¢s really close to his brother, Stephen, and heââ¬â¢s not overcome by fame and fortune. Instead, heââ¬â¢s more of the regular guy type, and he is hilarious, as I mentioned. After hearing that, I put in my mind that he is similar to that one schoolteacher there is bound to be in every school, the one all the girls fancy and all the guys look up to. My hypothesis was confirmed when I saw a video of Chad walking on the street about an hour and a half before a gig at a local bar, and he ran into someone who said their a huge fan of his. They sat down and talked for a while, so the man had the courage to invite him over for a drink and a game of foo sball. Chad happily accepted and after having a good time, he walked to his show with his new friend 15 minutes before, introduced him to the band, and then went onstage to begin his performance. Who does that? What kind of rockstar goes to a fans house for foosball an hour before his concert, then walks with him to the gig? I couldnââ¬â¢t stop laughing throughout the whole video. My friends were right; he was funny. What else can a say? Who wouldnââ¬â¢t want to end up like this hilarious attractive rockstar whose words inspire life out of me? Who wouldnââ¬â¢t have wanted to start a trend like he did, or write music like he did? To me, Chad Petree is a legend, and I can dream of being just like him someday.
Wednesday, November 27, 2019
Mrs Dalloway - Analysis Of The Film Essays - Literature,
Mrs Dalloway - Analysis of the Film Upon viewing ?Mrs. Dalloway? I was not impressed. The movie seemed to jump from the present to the past. The character Septimus didn't appear to have any purpose in the storyline. Clarrisa also seemed to be tightly bound by the Victorian lifestyle of the day to make her interesting to me. The plot just seemed too hard to follow. This movie must have been for people that look for meaning deeper than I. I believe that Mrs. Dalloway was fixed on the past. For one thing, the audience never saw Clarissa Dalloway think about the future; she always went back to the past. Every time she stopped to think about something it was of the past, for example; the flashback of the night of boating, and Septimus' delusional thoughts of World War I. I think her one true love was Peter. I think she married Mr. Dalloway because she was scared to admit that she loved Peter in more than a "brotherly way." When she was older and seeing Peter at the party, I think she regretted not marrying Peter. Perhaps the movie would have been more interesting if Clarissa would have been more free spirited like Peter or Sally. Septimus did not have a well defined role in the film. He was constantly reliving his days in the war, and appearing to everyone that insanity has become him. His purpose was unclear, the story just jumped from Clarissa to Septimus. Whether he parallels or is an opposite of Clarissa, I don't know. If Septimus was a parallel of Clarissa, then his character was played well, being that he, like Clarissa, constantly thought of the past, and never the future. Making the two most similar, yet they seem different in that Clarissa recollects on happier thoughts, while Septimus dwells on depressing thoughts of the first world war. Clarissa was obligated to the Victorian lifestyle, seen in her flashbacks to the past. At Bourton she was too set in her ways to be free spirited. Unlike Sally or Peter, Clarissa was unable to speak her mind, or do as she pleases. She appeared as the model Victorian woman, yet that held her back from following her love of Peter. The concern that her party would be inferior to other parties prevented her from enjoying herself on a day that she should be rejoicful. Clarissa also seemed to be a dreamer. Her life apparently revolved around dreams that appear perfect. For example, the fact that everyone has fun at her party is not as important as the fact that she has fun. The film ?Mrs. Dalloway? was hard to follow, and generally not interesting. This is just my opinion and opinions vary from person to person. Yet if Clarissa had been a free spirit, and not a traditionalist she would have captured my attention as having a purpose. Septimus' purpose is unclear, and the plot is made for those who don't take things for what they are and leave them at that.
Saturday, November 23, 2019
The Physician Hippocrates and Greek Medicine
The Physician Hippocrates and Greek Medicine Hippocrates, the father of medicine, may have lived from c. 460-377 B.C., a period covering the Age of Pericles and the Persian War. Like other details about Hippocrates, we really know very little beyond the fact that he is considered a great physician and was counted the greatest by the ancient Greeks. Born in Cos, site of an important temple of Asclepius, god of medicine, Hippocrates may have studied medicine with his father. He traveled around Greece training medical students that there are scientific reasons for ailments. Before him, medical conditions were attributed to divine intervention. Hippocrates maintained that all diseases have natural causes. He made diagnoses and prescribed simple treatments like diet, hygiene, and sleep. Hippocrates is the author of the saying Life is short, and the Art long (from his Aphorisms). The name Hippocrates is familiar because of the oath that doctors take (Hippocratic Oath) and a body of early medical treatises that are attributed to Hippocrates (Hippocratic corpus), which includes the Aphorisms. Hippocrates and Humoral Theory Quiz Hippocrates Medical Texts Hippocrates is on the list of Most Important People to Know in Ancient History. Also Known As: The Father of Medicine, the divine old man, Hippocrates of Cos Examples: Hippocrates of Cos isnt the mathematician Hippocrates of Chios. Go to Other Ancient / Classical History Glossary pages beginning with the letter a | b | c | d | e | f | g | h | i | j | k | l | m | n | o | p | q | r | s | t | u | v | wxyz
Thursday, November 21, 2019
Organizations & Leadership Assignment Example | Topics and Well Written Essays - 750 words
Organizations & Leadership - Assignment Example Additionally, a strategic leader assembles valuable information concerning market trends, competitors, and other information. Alternatively, a strategic manager deals with the management of resources that will help in the implementation phase. This implies that strategic managers work on the proposed plans of the strategic leaders towards the mission and vision of the company. Another specific task of the strategic leaders is the communication of action plans to unit manager for dispersal. This is because efficient communication channels reduce risks and confusion when one leader conveys the company information. Considering this, strategic leaders normally issue information that pertains to the strategies to be adopted, but not issues affecting workers or operations. It is, however, essential to have both leaders within an organization to assist in the overall duty of managing and organizing resources. Their coordination is important for the tasks undertaken by various departments and groups of working units. They help in the decision-making because they are involved in the managerial position within the organization. This gives employees a better perspective of the organization and on how it will improve their understanding of the operations. The distribution of resources becomes efficient when the two leaders work within an organization in order to reduce wastage. This implies that the strategic leader should be able to measure the progress of the workers in regards to the attainment of the objectives. It is also apparent that organizations that employ both leaders tend to minimize errors that may emerge from the workload and organization of tasks.
Wednesday, November 20, 2019
Introduction to Biometric Identification Database Essay
Introduction to Biometric Identification Database - Essay Example But the evolution of biometrics in the form of automated identification of finger prints, geometry of hand, iris construction, facial structure, genetic makeup etc. is a relatively new phenomenon. Portuguese explorer Joao de Barros also points out1 the existence of Biometrics in China in the 14th century. Barros narrates that Chinese merchants used to stamp their children's palm prints and footprints on a piece of paper with ink. This way the Chinese merchants used to distinguish the young children from one another. This can be termed as the beginning of the modern biometrics. The recent advances in Information Technology and computing have provided newer dimension to this emerging field. During the last couple of decades biometrics has established itself as a comprehensive tool for establishing Identities and Verification. In 1890, Alphonse Bertillon, a Parisian police desk, studied body length to identify criminals. Subsequently the method came to be known as Bertillonage method, which relied heavily on measuring the body length. But the method did not last long as there were many false alarms as a result of false identifications. Thereafter, finger printing became the reliable method of identifying the criminals. There are human rights groups and civil liberties advocates argue that increasing use of biometrics has resulted in trespassing into the privacy of all human beings, but the rise in terrorist activities in recent years has forced the defense and security experts to rely heavily on the biometrics for identifying the mischief makers. Types of Biometrics and their usage A biometric system is designed to test one out of the two possible hypotheses (Wayman et al., 2005): (1) That the submitted samples are from an individual known to the system; or (2) That the submitted samples are from an individual not known to the system. Applications to test the first hypothesis are called "positive identification" systems (verifying a positive claim of enrollment), while applications testing the latter are "negative identification" systems (verifying a claim of no enrollment). Biometrics, in general can be divided into two main groups, physiological and behavioral i. Physiological factors: These factors depend upon the physical structure and appearance of the individual. Iris Scan: The Iris of an individual is scanned to match it with the stored image. Quite often the iris scan may not come out with actual on if the person is putting on dark glasses, or is suffering from some eye disease. Fingerprint: This is one of the oldest tried and tested methods of biometrics. In fact the nail is also included for identification in fingerprinting. Hand: This includes the structure of knuckles, palm and the vascular networking of hand. Face, Earlobe, Lips: The camera scans the facial structure or the fleshy pendulous part of the external ear or lips of the individual. Voice: The voice is also one of the most distinguishing features to identify an individual. Therefore the voice patterns form one of the most dependable biometric measures. Retina: like iris, the retinal structure too provides an insight into the nature and character of the person. DNA: This method too is quite frequently used in a number of cases to establish the identity of the individual. Body Odor and Sweat Pores: There are biometric techniques which can sense the
Sunday, November 17, 2019
Social Problems Work Essay Example for Free
Social Problems Work Essay When referring to social problems, society generally looks at them from a larger objective or standpoint. The problem is going to include some typified examples, general terms that are associated with the problem, and statistics created in the claimsmaking process. This macrosociological approach relies on what the media has portrayed the problem to be. It is the job of social problems work to narrowly tailor aspects of a social problem in order to attempt to solve or address it in a practical and immediate manner (Best 227). Best explains that social problems workers, such as doctors and teachers, have encountered stereotypes of their roles that require them to perform grand feats but they work in highly regulated systems and industries. Bureaucratic procedures make it difficult for the workers to effect change directly. This also leads to varied amounts personal discretion that social problem workers possess. Since social problems work is narrowly tailored, specific individuals receive personal attention. These cases can be a doctor and patientââ¬â¢s interaction, a teacherââ¬â¢s conversation with their student, or a police officerââ¬â¢s interaction with a citizen who has made a call. When they are trying to make accurate assessments of each case, the social problems workers have to ask themselves questions like ââ¬Å"What seems to be the problem Which aspects of the case are relevantâ⬠¦ Does this seem to be a serious matterâ⬠¦ What is the nature of the subjectâ⬠¦ Are other people watchingâ⬠¦ Are there work-related considerationsâ⬠¦? (Best 236-239). Because the nature of their work can be so sensitive, social problems workers find that they are caught in the middle or blamed for the outcome or consequences from their work. As expected, social problems workers expect for the subjects to cooperate with their plan of action in order to help eliminate their issues, but when they do not, the workers are left to deal with the consequences. ââ¬Å"Social problems worker try to control the flow of information about their activities. They generally prefer that others learn about the work they do directly from themâ⬠¦Ã¢â¬ in order to prevent the possibility of information being distorted by media outlets looking to portray their work in a certain way (Best 248). Some social problems workers go the extreme and tamper with the information they submit to reporting agencies to ensure that they are seen in the best possible light. They are able to get away with this because there are many situations in which workers are required to use their own personal discretion with out having to defer power to their supervisors or bosses until afterwards. Social problems workers are required to bring larger, abstract problems to a personal, more detailed level. Doing this can benefit certain claims by bringing an actual face and story to a social problem. It does not only create the perfect victim, but it gives a face and a personal account of how the social problem has directly affected their life or wellbeing. Activist as claims makers would benefit from using social problems workers, their subjects, and cases as a method to personify their claim. Experts as claims makers would only be able to capitalize off of social problems work by using the possibly skewed data and statistics they provide in order to give an overall picture. By looking at individual workers and cases, there is a chance they can encounter a unique situation that is not consistent with the data or point they are trying to make. In lecture, we discussed the need for claims makers to not only have statistical and concrete information to prove and advance their claim, but the need for the public to be able to relate to it and see how is also affects them or their loved ones. If it does not, there will be no reason for them to want to support the cause. Social problems work is an ideal way for this to be done because it finds a medium between expert testimony and activists. Many people have interactions with social problems workers, so it is easy for them to bring up their concerns with a particular problem and see how and if they can help or are at risk. For example, child abuse is a social issue that draws attention because of the underage status of its victims. People see children as helpless and in need of a nurturing guardian. Any adult can as a police officer, doctor, or teacher what resources are available to serve as a safe haven for abused children. I feel as though the media and social problems workers have made efforts to use each other for their own gain and benefit. Various media outlets can call upon social problems workers to boost their ratings by bring sensationalized stories and cases. This is used to play on the emotions of the public and ââ¬Å"guiltâ⬠them into advancing their cause. This can be seen with infomercials regarding poor children in ââ¬Å"third world countriesâ⬠, children with cancer, and animal abuse advocates. Organizations like Feed The Children use images of celebrities or former government officials next to images of poverty stricken, starving children. Viewers are made to feel guilty because they are told that the amount of money they use on their daily coffee can provide essentials for that child. Once the viewer has made the connection between how much their Starbucks cost and the idea that their child does not have to live that life, they are then compelled to donate to the organization. The social problems worker in the commercial has been used a pawn for donations and ratings. Similarly, hospitals that specifically cater to children with terminal illness show individual cases of these children and their doctors. Sometimes their parents explain that their child would have not survived without the donations from viewers because the hospital does not charge for their services. The doctors also add their perspective as to how much their procedures would have cost. After they have explained the financial aspect of the individual childââ¬â¢s care, they then proceed to use the medical terminology for their condition with images of young children attached to massive hospital equipment. After watching the commercial and listening to the doctors, the public generally assumes that they are correct and donates to the organization. The media does this as well with animal abuse advocates. They show footage of domestic pets with lesions and injuries. Viewers are led to assume that they came from their owners. While the intentions of social problems workers are usually genuine, they are put on display on these commercials for the benefit of the organization and the network airing it, not necessarily the actual social problem or those affected by it. Social problems workers have the hard task of doing their jobs and helping their subjects in their particular cases. This is a difficult task because of the bureaucratic red tape and policies that they work through. For them to try to solve an entire social problem by themselves would be an endless task, especially due to the added consequences and stresses from the general nature of their work. This can lead to embellishments in their actual efficiency and a lackadaisical attitude towards the issue entirely. Different types of claims makers have attempted to use social problems workers to benefit them and not the entire problem, but despite this, their social problems worker and those they come in contact with are an invaluable aspect to ridding society of the issue in its entirety.
Friday, November 15, 2019
Server Architectures of Existing Presence Services
Server Architectures of Existing Presence Services In this section, we describe the system model, and the search problem. Formally, we assume the geographically distributed presence servers to form a server to-server overlay network, G = (V,E), where V is the set of the Presence Server (PS) nodes, and E is a collection of ordered pairs of V . Each PS node ni âËË V represents a Presence Server and an element of E is a pair (ni,nj) âËË E with ni,nj âËË V . Because the pair is ordered, (nj,ni) âËË E is not equivalent to (ni,nj) âËË E. So, the edge (ni,nj) is called an outgoing edge of ni, and an incoming edge of nj. The server overlay enables its PS nodes to communicate with one another by forwarding messages through other PS nodes in the server overlay. Also, we denote a set of the mobile users in a presence service as U = {u1,,ui,,um}, where 1 âⰠ¤ i âⰠ¤ m and m is the number of mobile users. A mobile user ui connects with one PS node for search other userââ¬â¢s presence information, and to notify the other mo bile users of his/her arrival. Moreover, we define a buddy list as following. Buddy list, Bi = {b1,b2,,bk} of user ui âËË U, is defined as a subset of U, where 0 i âËË Bj implies uj âËË Bi.For example, given a mobile user up is in the buddy list of a mobile user uq, the mobile user uq also appear in the buddy list of the mobile user up. Note that to simplify the analysis of the Buddy-List Search Problem, we assume that buddy relation is a symmetric. However, in the design of Presence Cloud, the relation of buddies can be unilateral because the search operationà of PresenceCloud can retrieve the presence of a mobile user by given the ID of the mobile user. Problem Statement: Search Problem When a mobile user ui changes his/her presence status, the presence service searches presence information of mobile users in buddy list Bi of ai and notifies each of them of the presence of ai and also notifies ai of these online buddies. The Search Problem is then defined as designing a server architecture of presence service such that the costs of searching and notification in communication and storage are reduced. 1.2 Motivation Because of the increasing of the Internet, mobile devices and cloud computing environments can provide presence-enabled applications, i.e., social network applications/services, worldwide. Facebook , Twitter, Foursquare, Google Latitude , buddycloud and Mobile Instant Messaging (MIM) , are examples of presence-enabled applications that have grown rapidly in the last decade. Social network services are changing the ways in which They exploit the information about the status of participants including their appearances and activities to interact with their friends. The huge availability of mobile devices (e.g., Smartphones) that utilize wireless mobile network technologies, social network services enable participants to share presence experiences instantly across great distances. For example, Facebook receives more than 75 billion shared items every month and Twitter receives more than 60 million tweets each day. In the future, mobile devices will become more popular than today, sensing and media capture devices. Hence, we believe it is useful and social network services will be the next generation of mobile Internet applications. A mobile presence service is an important component of social network services in cloud computing environments. The key function of a mobile presence service is to maintain an present list of presence information of all mobile users. The presence information includes details about a mobile clients or user location, availability, activity, device capability, and their choices. The service must also bind the this clients ID to his/her current presence information, as well as retrieve and subscribe to changes in the presence information of the userââ¬â¢s friends. In social network services, each mobile user has a friend list, typically called a buddy list, which contains the contact information of other users that he/she wants to communicate with. The mobile userââ¬â¢s status is known automatically to each person on the buddy list whenever he/she moves from one location to the other. For example, when a mobile user logs into a social network application, such as an Instant Messagi ng system, through his/her mobile device, the mobile presence service searches for and notifies everyone on the userââ¬â¢s buddy list. To maximize a mobile presence serviceââ¬â¢s search speed and minimize the notification time, most presence services use server cluster technology. Currently, more than 400 million people use social network services on the Internet. Given the growth of social network applications and mobile network capacity, it is expected that the number of mobile presence service users will increase substantially in the near future. Thus, a scalable mobile presence service is deemed essential for future Internet applications. In the last decade, many Internet services have been deployed in distributed paradigms as well as cloud computing applications. For example, the services developed by Google and Facebook are spread among as many distributed servers as possible to support the huge number of users worldwide. Thus, we explore the relationship between distributed presence servers and server network topologies on the Internet, and propose an efficient and scalable server-to-server overlay architecture called PresenceCloud to improve the scalability of mobile presence services for large-scale social network services. First, we examine the server architectures of existing presence services, and introduce the search problem in distributed presence architectures in large-scale geographically data centers. The search problem is a scalability problem that occurs when a distributed presence service is overloaded with buddy search messages. Then, we discuss the architecture of PresenceCloud, a scalable server-to-server architecture that can be used as a building block for mobile presence services. The rationale behind the architecture of PresenceCloud is to distribute the information of millions of users among thousands of presence servers on the Internet. To avoid single point of failure, no single presence server is supposed to maintain all the information about all users. PresenceCloud arranges presence servers into a quorum-based server-to-server architecture to facilitate efficient searching. It also leverages the server overlay and a directed buddy search algorithm to achieve small constant search latency; and employs an active caching strategy that substantially reduces the number of messages generated by each search for a list of searching process. We analyze the performance of PresenceCloud and two other architectures, a Mesh-based scheme and a Distributed Hash Table based scheme. Through simulations, we also c ompare the performance of the three approaches in terms of the number of messages generated and the search satisfaction which we use to denote the search response time and the buddy notification time. The results demonstrate that PresenceCloud achieves major performance gains in terms of reducing the number of messages to reduce network traffic without sacrificing search satisfaction. Thus, PresenceCloud can support a large-scale applications distributed among thousands of servers on the Internet. The contribution of this paper is threefold. First, PresenceCloud is among the imporatanta architecture for mobile presence services. To the best of our knowledge, this is the first work that shown the architecture of presence cloud that significantly best than those based distributed hash tables. PresenceCloud can also be utilized by Internet social network applications and services that need to replicate or search for mutable and dynamic data among distributed presence servers. The second contribution is that we analyze the scalability problems of distributed presenceserver architectures, and define a new problem called the buddy-list search problem. Through our mathematical formula, the scalability problem in the distributed server architectures of mobile presence services is analyzed. Finally, we analyze the performance complexity of Presence- Cloud and different designs of distributed architectures, and evaluate to prove the applications of PresenceCloud. 1.3 Existing System In this section, we describe the previous research on presence services, and survey the presence service of existing systems. Well known commercial Instant Messaging systems has some form of centralized clusters to provide presence services. Jennings III et al. presented a taxonomy of different features and functions supported by the three most popular Instant Messaging systems and Yahoo! Messenger. The authors also provided an overview of the system architectures and observed that the systems use client-server-based architectures. Skype, a popular voice over Internet Protocol application, utilizes the Global Index (GI) technology to provide a presence service for clients and people. Global Index is a multi-tiered network architecture where each node maintains full knowledge of all available clients connected to it. Since Skype is not an open protocol, it is difficult to determine how GI technology is used for presence services. Moreover, Xiao et al. analyzed the traffic of MSN and A IM system. They found that the presence information is one of most network traffic in instant messaging systems. In, authors shown that the largest message traffic in existing presence services is buddy NOTIFY messages. 1.4 Limitations of Existing System This system allows makes congestion in the network. It is not applicable for large scale network. It increases the search latency. 1.5 Proposed System Recently, there is an increase amount of interest in how to design a peer-to-peer Session Initiation Protocol. P2PSIP has been developed to remove the the disadvantages of centralized server, reduce costs, and prevent loses due to failures in server-based SIP deployment. To maintain presence information, P2PSIP clients are organized in a Distributed Hash Tables system, rather than in a centralized server. However, the presence service architectures of Jabber and P2PSIP are distributed, the buddy-list search problem we defined later also could affect such distributed systems. It is noted that few papers in discuss about the scalability issues of the distributed presence server architecture. Saint Andre observed the traffic generated as a result of presence information between users of inter-domains that support the XMPP. Houri et al. Show that the amount of presence traffic in SIMPLE can be extremely high, and they analyze the effect of a large presence system on the memory CPU loading. Those works in study related problems and developing an initial set of guidelines for optimizing inter-domain presence traffic and present a DHT-based presence server architecture. Recently, presence services are also developed in the mobile services. For example, 3GPP has defined the integration of presence service into its specification in UMTS. It is based on SIP protocol, and uses SIMPLE to manage presence information. Recently, some mobile devices also support mobile presence services. For example, the Instant Messaging and Presence Services (IMPS) was developed by the Wireless Village consortium and was united into Open Mobile Alliance (OMA) IMPS in 2005. In, Chen et al. proposed a weakly consistent scheme to reduce the number of updating messages in mobile presence services of IP Multimedia Subsystem (IMS). However, it also suffers scalability problem since it uses a central SIP server to perform presence update of mobile users. In, authors presented the server scalability and distributed management issues in IMS-based presence service. CHAPTER 2: LITERATURE SURVEY Chapter ââ¬â 2 Literature Survey 2.1 Introduction In this section, we describe previous researches on presence services, and survey the presence service of existing systems 2.2 Related Paper Discussions 2.2.1 Title: A study of internet instant messaging and chat protocols Year: 2006 Author: R. B. Jennings, E. M. Nahum, D. P. Olshefski, D. Saha, Z.-Y. Shae, Description: Well known commercial Instant Messaging systems has some form of centralized clusters to maintain presence services. Jennings III presented a taxonomy of different features and functions supported by the three most popular Instant Messaging systems, AIM, Microsoft MSN and Yahoo! Messenger. The authors also provided a description of the system architectures and analized that the systems use client-server-based architectures. 2.2.2 Title: Understanding instant messaging traffic characteristics Year: 2007 Author: Z. Xiao, L. Guo, and J. Tracey Description: Xiao analyzed the traffic of MSN and AIM system. They observed and got that the presence information is one of most messaging traffic in instant messaging systems 2.2.3 Title: Ims presence server: Traffic analysis and performance modelling Year: 2008 Author: C. Chi, R. Hao, D. Wang, and Z.-Z. Cao, Description: In this, authors shown that the huge message traffic in existing presence services is searching the locations ,buddies etc. 2.2.4 Title: Peer-to-peer internet telephony using sip Year:2009 Author: K. Singh and H. Schulzrinne Description: Now a days, there is an increase amount of interest in how to design a peer-to-peer Session Initiation Protocol . Peer to Peer SIP has been developed to remove the centralized server, reduce maintenance costs, and prevent disadvantages in server-based SIP deployment. To maintain presence information, P2PSIP clients are arranged in a DHT system, rather than in a centralized server. However, the presence service architectures of Jabber and P2PSIP are distributed, the search problem we defined later also could affect such distributed systems.
Tuesday, November 12, 2019
Magnolia Essay
In July 1992, Magnolia corporation publicly challenged xemexco marketing corporation markers of zest ââ¬âo brand juice drinks to match the real fruit content of magnolia fruit drinks and to prove that the zest ââ¬â o does not use chemical ingredients to preserve their products. Magnolia claim that there is a big difference between real fruit drinks that contains at least 10% real juice and artificial fruit drinks which contain less than 10% and depend more on artificial flavoring and chemical preservatives such as sodium benzoate to keep some products from easily spoiling. You are a marketing manager of zest ââ¬â o, what would you do to the public challenge of magnolia assuming: a. You donââ¬â¢t have at least 10% juice content b. You have at least 10% juice content A. Accepting the challenge of magnolia knowing that your product doesnââ¬â¢t have at least 10% juice content would be a great factor of slumping your product sales, as a marketing manager of Zest ââ¬âO I wouldnââ¬â¢t accept the challenge of magnolia because it would lead to downfall of my product Being the marketing manager of Zest-O changing the products name packaging and adding more nutritional content is the best alternative so that the consumers will not focus on the product nutritional content but on the new look of product . B. Accepting the challenge of magnolia would be a great opportunity by increasing the sales of our product in the market by returning the favor in them that what if we prove that our product do have 10 % juice content. Ingredient list is very helpful in determining nutritional content. A lengthy list of ingredients is another clue for the people that our product is not 100 percent fruit juice, but rather a fruit flavored drink or fruit juice blend so that the consumers are aware that our product have at least 10% percent real fruit drink, so they wonââ¬â¢t have to worry about our product safety.
Sunday, November 10, 2019
Gender Roles in ââ¬ÅTheir Eyes Were Watching Godââ¬Â Essay
During the 1900ââ¬â¢s, women, specifically black women, were considered to be property of men in the United States, especially down south, in states such as Florida and Georgia. Legally, women had no voice. For example, if a woman was abused by her husband, the court system would not acknowledge it even if it did really happen. In the article ââ¬Å"Sexism in the Early 1900ââ¬â¢sâ⬠, Becca Woltemath states that ââ¬Å"â⬠¦a womanââ¬â¢s job is to take care of the house and to bear children. Sheââ¬â¢s no good for anything else. Sheââ¬â¢s just a simple thinker.â⬠Women were forced into submission and there was nothing they could do about it. In the novel Their Eyes Were Watching God, Zora Neale Hurston shows the issue of gender roles through the story of a young woman named Janie, who struggles through an arranged marriage. Through multiple characters, as well as the plot, sexism comes to the surface. As soon as the novel begins, it is evident the roles of men and women play a very big part in this novel: ââ¬Å"Ships at a distance have every manââ¬â¢s wish on board. For some they come in with the tide. For others they sail foreverâ⬠¦Now, women forget all those things they donââ¬â¢t want to remember, and remember everything they donââ¬â¢t want to forgetâ⬠(Hurston 1). In this opening paragraph of Their Eyes Were Watching God, Hurston compares the wishes and dreams of men and women in a particularly interesting way. By using the sea as a symbol, she is saying that men can never really control their dreams, just wait for them to come true. While women on the other hand, can take their dreams into their own hands, molding them as they see fit. Making this comparison establishes the theme of gender difference throughout the novel, and ultimately foreshadows the fact that Janie is going to struggle, yet will stop at nothing to achieve what she sets her mind to. After first setting the tone, Nanny is introduced. Her traditional values of womanly roles such as cooking and cleaning lead us to believe that Janie will be the same way. But when Janie kisses Johnny Taylor, her view of men changes after seeing ââ¬Å"a dust-bearing bee sink into the sanctum of a bloom; the thousand sister-calyxes arch to meet the love embrace and the ecstatic shiver of the tree from root to tiniest branch creaming in every blossom and frothing with delight. So this was a marriage! She had been summoned toà behold a revelationâ⬠(Hurston 11). This paragraph is one of the most important, if not the most, in the whole book. Comparing love to the relationship between a bee and its flower, Janie suddenly craves, love, passion, and above all, someone she can consider her equal. Unfortunately, though, equality was a foreign concept during this time period. Men were seen as ââ¬Å"all-powerfulâ⬠, considered the sole providers and the only ones allowed to hold any sort of office or high-status job. Women, on the other hand, were the complete opposite. In an article written by Dorothy W. Hartman, a historian, she states: Womenââ¬â¢s God-given role, it stated, was as wife and mother, keeper of the household ââ¬Å"Womenââ¬â¢s God-given role, it stated, was as wife and mother, keeper of the householdâ⬠¦Ã¢â¬ Many people, including blacks, believed in this sort of household: the men being on top, with the women considered far inferior. In Janieââ¬â¢s first relationship, it is clear this is not the equality she has hoped for. Logan Killicks- an elderly, black man her grandmother has arranged for her to marry- treats Janie like a servant and not like a wife at all. There is no love present, and every day is a chore. Even though Nanny knows Janie is not happy, she insists the marriage is a good one: ââ¬Å"ââ¬â¢Heah yo is wid de onliest organ in town, amonst colored folks, in yoââ¬â¢ parlow. Got a house bought and paid for and sixty acres uh land right on de big roadâ⬠¦Lawd have mussy! Datââ¬â¢s de very prong all us black women gits hung onââ¬â¢Ã¢â¬ (Hurston 23). In Nannyââ¬â¢s speech, Hurston is trying to emphasize that the femaleââ¬â¢s only role is to marry and look good, and let the man do all the work. Also in her article, Hartman says that ââ¬Å"â⬠¦due to the fact that the man was almost always working, little room was left to develop a connection between husband and wife; love was a foreign concept.â⬠, which describes what Janie and Logan have together exactly. Despite being given all she should want, Janie seeks more. When Joe ââ¬Å"Jodyâ⬠Starks appears out of nowhere, Janie feels like her dreams have finally come true. But after a while, the marriage turns out to be little more than the stint with Killicks. Starks, like Killicks, treats her as property and not as someone he actually loves. One example is how Jody makes Janie put her hair up in a wrap while working in the store, ratherà than leave it down. Another is when he publicly criticizes her appearance, saying she is starting to show her age, when he is clearly at least ten years older: ââ¬Å"ââ¬â¢ You ainââ¬â¢t no young courtinââ¬â¢ gal. Youââ¬â¢se uh old woman, nearly fourtyââ¬â¢Ã¢â¬ (Hurston 79). Joe feels the need to tear down Janie, in order to make himself feel more important, which was an important part of being a man during this time. By reading the novel Their Eyes Were Watching God by Zora Neale Hurston, one could immediately pick up on the difference gender played during the late 1800ââ¬â¢s and into the early 1900ââ¬â¢s. While women were expected to stay at home and clean and take care of children, men worked to provide for their families and were considered far superior. While these prejudices have slowly gotten better over time, most of them still exist to a small extent in todayââ¬â¢s society. Through the charactersââ¬â¢ attitudes and narratives, especially Janieââ¬â¢s relationships, and the societyââ¬â¢s feelings as a whole, Their Eyes Were Watching God clearly displays the social issues of sexism and gender roles. Works Cited Hartman, Dorothy W. ââ¬Å"Womenââ¬â¢s Roles in the Late 19th Century.â⬠Conner Prairie Interactive History Park. Conner Prairie, n.d. Web. 24 Mar. 2013. Hurston, Zora Neale. Their Eyes Were Watching God. New York: Perennial Library, 1990. Print. Woltemath, Becca. ââ¬Å"Sexism in the Early 1900s.â⬠Worldbook Encyclopedia. Worldbook, 11 Dec. 2012. Web. 29 Jan. 2013.
Friday, November 8, 2019
Job Satisfaction Significance
Job Satisfaction Significance Introduction Definitions and a short discussion Job satisfaction is a significant part of social well-being (Cakmur 1). An evaluation of job quality offers a good interpreter of future labor-market performance. As such, job satisfaction influences employeesââ¬â¢ decisions with respect to working hours, job selection, and turnover (Han 84). Three of the definitions used in the article are illustrated below:Advertising We will write a custom case study sample on Job Satisfaction Significance specifically for you for only $16.05 $11/page Learn More Job satisfaction refers to the level of gratification workers attach to their labor. Subjective well-being is used in reference to how individuals acknowledge the value of their existence. It and comprises of both thoughtful responses and mental decisions. Organizational citizenship behavior refers to a theory that defines an individuals voluntary obligation in a firm that is not a portion of his or her prescribe d responsibilities. Literature review One study indicates that employees in OECD countries believe that financial recompenses are prioritized after other features of a job such as employment security, job interest, promotion prospects, and independence (Clark 4). Another research noted that organizational commitment deserves further attention in the workplace because there was a robust academic support for its influence on organizational citizenship behavior (Williams 601). A third study focused on subjective well-being (Diener 71). The research noted that three components of subjective wellbeing existed. They are positive effect, negative effect, and life satisfaction. Hypotheses The first hypothesis for the study suggests that employees in UAE are more likely to feel job difficulty compared to workers in OECD countries. The second hypothesis claims that hours of work and remunerations influence job satisfaction. On the other hand, the third hypothesis suggests that there are many aspects of quality of job that affect job satisfaction other than the above mentioned two features. Method Subjects The study utilized 265 participants. The table below illustrates the percentages of our subjects: Subjects Percentages Males 29% Females 71% BA degree 54% Masterââ¬â¢s degree 6% Married 45% Expatriate 42% Fig 1: A summary of the seven items Questionnaires used and reliability of analysis result The research utilized three articles to come up with good questioners. They are Job Satisfaction, Organizational Citizenship, and Life Satisfaction Questionnaire. The questionnaire developed had five items. The participants were required to indicate if they approved or differed with the question posed. They utilized a 1-5 Likert scale to note down their expressions. The scaled ranged from I strongly agree to I strongly disagree. The reliability scores of Likert scale were low because they were subject to social desirability.Advertising Looking for c ase study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More A short description of how the survey was conducted The survey utilized interviews to collect the required data. Through this, researchers questioned participants in person to collect their personal views. The queries used during the studies were close ended. Results Tables After the results had been collected, they were analyzed to illustrate their mean and standard deviation. The variables used in calculating correlation were salary, work time, opportunities, security, and job content. The table representing the mean and the standard deviation of the results obtained is indicated below: What is your gender N Mean Std. Deviation Mean Overall I am satisfied with my job Male 61 5.07 1.515 .194 Female 2014 4.72 1.562 .109 Figure 2: table showing mean and standard deviation A short discussion of statistical methods After that, a correlation, regression, and t-test analysis were undertaken. Correlation and regression table is indicated below: Fig 3: Regression analysis of overall job satisfaction Discussion Interpretation of results To sanctify the connection of general job gratification to the integral portions described above, the researchers came up with a regression examination. The figure above illustrates the outcomes of the regression analysis conducted on seven variables. As indicated in the table, the assessed figures show that all seven variables of quality of job are considerably related to overall job satisfaction.Advertising We will write a custom case study sample on Job Satisfaction Significance specifically for you for only $16.05 $11/page Learn More The biggest impact on general job gratification is linked with job content. The above variable is followed by job security. The third feature that affects jobs satisfaction is income. The table indicates that the time spent working has the lea st impact on job satisfaction. Study limitations During the research process, the researchers experienced many problems that might have affected the outcomes of their results. For instance, access to the target institutions identified as the study population was a major challenge. Equally, the process of convincing employees to be part of the study was complicated. For example, most workers did not like to be involved in procedures that tend to question or investigate their work practices. Secondly, the process of recruiting the most skilled employees to be participants in the study was relatively long because most of them had tight schedules due to the nature of their work. Future research In the future, researches should be focused on determining the effects of the levels of job satisfaction on employee performance. The general statement suggests that low levels of job satisfaction are to be blamed for the ever-increasing workplace-related stress and turnover (Abdulla, Djebarni, a nd Mellahi 130). Therefore, organizations should enhance their job satisfaction levels to address conflicts and enhance productivity in the workplaces. The initiative will enable the employees to develop a positive staff culture, boost their morale and motivation, and improve employer and employee relationship. Abdulla, Jassem, Ramdane Djebarni, and Kamel Mellahi. ââ¬Å"Determinants of Job Satisfaction in the UAEâ⬠. Personnel Review 40.1 (2011): 126-146. Print. Cakmur, Hulya. ââ¬Å"Concept and Evaluation of Job Satisfaction: Developed Job Satisfaction Indexâ⬠. TAF Prev Med Bull (2011): 1-2. Print.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Clark, Andrew. ââ¬Å"Measures Of Job Satisfaction: What Makes A Good Job? Evidence From OECD Countriesâ⬠. OECD Labour Market and Social Policy Occasional 34.12 (1998): 3-41. Print. Diener, Eid. ââ¬Å"The Satisfaction with Life Scaleâ⬠. Journal of Personality Assessment 49.1 (1985): 71-75. Print. Han, Yi. ââ¬Å"The Relationship between Job Performance And Job Satisfaction, Organizational Commitment, And Goal Orientationâ⬠. Acta Psychologica Sinica 40.1 (2008): 84-91. Print. Williams, Larry. ââ¬Å"Job Satisfaction and Organizational Commitment as Predictors of Organizational Citizenship and In-Role Behaviorsâ⬠. Journal of Management 17.3 (1991): 601-617. Print.
Wednesday, November 6, 2019
Gender-Inclusive Language for English Learners
Gender-Inclusive Language for English Learners Gender refers to either being a man or a woman. Gender-inclusive language can be defined as languageà that doesnââ¬â¢t prefer one gender over another. Here are a few examples of gender-biased languageà common in the English language used in the past. A doctor can treat you for a wide variety of diseases. Itââ¬â¢s important that he understands your health history. Successful businessmen understand how to negotiate good deals. In the first sentence, the writer speaks in general about doctors, but assumes that a doctor is a man. In the second example, the term businessmen ignores the fact that many successful business people arewomen. Terminology Gender the sex of a person - male or femaleà Gender-inclusive including all gendersGender-biased showing a preference for or against a genderGender-neutral showing no preference for or against a gender As an English student, itââ¬â¢s possible that youââ¬â¢ve learned some English that has gender-biased language. Gender-biased can be understood as language which uses stereotypes to describe men and women.à This article will help you recognize gender-biased English language statements and provide suggestions on how you can use more gender-inclusive language. English is already difficult enough, so you might not think this isà important. However, there is a strong push towards the use of more gender-neutral language in day toà day usage, especially at work. Over the past few decades, writers and instructors have become more aware of common terminology and writing styles that tend to favor men and assumptions about behavior that no longer reflect the modern world. To change this, English speakers have adopted new terminology that reflects a more gender-neutral style. Common Changes in Professions The easiest change you can make is with professions that end in ââ¬Ë-manââ¬â¢ such as ââ¬Ëbusinessmanââ¬â¢ orââ¬Ëpostmanââ¬â¢. Often we substitute ââ¬Ëpersonââ¬â¢ for ââ¬Ë-manââ¬â¢, in other cases the name of the profession maychange. Another word that changes is ââ¬Ëmasterââ¬â¢ which indicates a man. Here are some of the most common changes. Common Changes to Gender-Inclusive English actress - actorstewardess - flight attendantanchorman/anchorwoman - anchorbusinessman/businesswoman - businesspersonchairman/chairwoman - chair person / chaircongressman - member of congress / congress personcraftsman - artisandeliveryman ââ¬â courierdoorman -à door attendentstatesman - statespersonfireman -à firefighterfreshman - first year studenthandyman - maintenance personheadmaster - principalheroine -à herohousewife - homemakerFrenchman -à French personmaid - house cleanermailman - mail carriermankind - humanitymaster - expertmasterpiece ââ¬â great work of artMiss / Mrs. - Ms.mother tongue - native language/first languagespokesman/spokeswoman - spokespersonwaitress/waiter - wait personpoliceman - police officer/officer Shaun Fawcett has a great page if youre interested in an extensive list of gender-neutral equivalent words. Mr. and Ms. In English, Mr. is used for all men. However, in the past, women were either ââ¬ËMrs.ââ¬â¢ or ââ¬ËMissââ¬â¢ dependingon whether they were married. Now, ââ¬ËMs.ââ¬â¢ is used for all women. ââ¬ËMs.ââ¬â¢ reflects that it is not important toknow whether a woman is married or not.à Gender-Neutral Pronouns Pronouns can be very tricky. In the past, when speaking in general, the pronoun ââ¬Ëheââ¬â¢ was often used. A person who lives in the country has many advantages. He can enjoy daily walks and enjoy fresh air. He can live a healthy life and meet with his friends. However, this shows a bias towards men in general. Of course, there are healthy women who live in the country! Here are a few suggestions on how to stay away from this common mistake. They She/He Using they/them to indicate a single, gender neutral personà is now commonly accepted.à You can be sure someone understands by how they react to your statement.Does anybody know the answer to the question? They can email the director with the answer. He/She Before they/them entered the common vernacular, writers often used he/she ââ¬â him/her (or she/he ââ¬â her/him) to show both are possible when speaking in general. When someone gets ready to find a new job, he/she needs to be aware that there are many challenges in this difficult market. Itââ¬â¢s up to her/him to research any job opening carefully. Alternating Pronouns Another approach is to change pronoun forms throughout your writing. This can be confusing to the reader. Someone who goes shopping will have too many choices. He might have more than twenty clothing stores to choose from. Or, she might just go to a department store. In any case, he might spend more time trying to find just the right item.à Plural Formsà Another way to be gender-neutral in your writing is to speak in general and use plural forms when possible rather than the singular. Consider this example: A student has to be on time and take careful notes. He/She also needs to do homework every night.Students have to be on time and take careful notes. They also need to do homework every night.à In the second example, the plural pronoun they replaces students as the rules are meant for everybody.
Sunday, November 3, 2019
MGT 672 ROLLS ROYCE VS GE Essay Example | Topics and Well Written Essays - 2500 words
MGT 672 ROLLS ROYCE VS GE - Essay Example It helps in achieving the objectives of organizations as a whole. A strategy refers to the coordinated means by which an organization pursues its goals and objectives (book_study, n.d.) In this context, the strategies of the two leading companies in the aircraft engine industry-GE and Rolls Royce assumes significance. GE is the market leader in aircraft engine sales. It is a highly diversified conglomerate with exposure in business of light bulbs, medical devices, commercial jet engines, home mortgages, broadcasting and self storage facilities. The sale of aircraft engines accounts for less than 10% of its revenues. In contrast, Rolls Royce holds the second position in aircraft engine sales. 74% of its revenue comes from this industry. Therefore, business strategy in the aircraft engine industry is the key for Rolls Royce, while corporate strategy assumes much importance for GE (book_study, n.d., p. 10). This paper aims to study these two companies of the aircraft engine industry and comment on the differences in strategies adopted by them. From the findings of the study, the paper draws conclusions regarding the differences of business strategy and corporate strategy. ... Depending on the position of the resources in the continuum, an organization has to decide on the set of businesses it should operate and other design criteria. General nature of resources gives wide scope of business. Co-ordination is achieved through transfer of resources. Size of corporate office is small and financial control system is adopted. Specialized nature of resources narrows the scope of business. Co-ordination is achieved through sharing of resources. Size of corporate office is large and operating control system is adopted. (Collis, Montgomery, Campbell & Goold, 1999, p. 4-6) Vision & Strategy of Rolls Royce: Rolls Royce is a global company that believes in the principle of sustainable development. The Global Code of Business Ethics of Rolls Royce includes continuous improvement of production facilities, being world class in health, safety and environment management and being socially responsible. Social progress depends on economic development which can be brought abo ut by fresh, dependable and inexpensive energy and transport system. Rolls Royce has strong R & D facilities and record of innovation. It uses these strengths to develop efficient energy and transport system. Through the application of consistent business strategy, Rolls Royce has matured during the previous 2 decades. ââ¬Å"Civil aerospace, Defense aerospace, Marine and energyâ⬠are the four global markets in which Rolls Royce operates. Of these global markets, civil aerospace accounted for almost 45% of the underlying revenue in the year 2010. (Our consistent strategy, 2011) The core characteristics underlying the strategies of Rolls Royce are as follows: Closeness to customers: Rolls Royce is an organization highly focused on its
Friday, November 1, 2019
Should the potential benefits of financial system innovation deter Essay
Should the potential benefits of financial system innovation deter regulators from imposing restrictions on the activities of fi - Essay Example Firstly, it spurs economic growth by facilitating the easy flow of funds from the agents who have less or limited productive projects to agents with higher productive avenues. Secondly, the level of risk taken by an investor is reduced on account of a broader availability of assets resulting in greater diversification benefits and risk sharing. However, the above views have come under tremendous criticism with the predication that financial innovation reduces the risk exposure of the investors. The financial innovation was essentially introduced from a positive perspective but it has been seen that these innovations had a negative impact on the overall economy. Though the main purpose of this innovation was to aid the growing external debt market in U.S., it is now blamed to be the pivotal cause of the recent credit turmoil. To avoid such recurrences in the future, the regulatory bodies need to exercise a greater control over the financial markets. (Piazza, ââ¬Å"Financial Innovatio n and Risk, The Role of Informationâ⬠). Financial innovation: bane or boon Innovation is a ââ¬Ëdouble-edged swordââ¬â¢. ... This blend of good and bad means the views on financial innovation is likely to be very subjective. As in the case of automobile inventions, while some view it as a gain for the economy and society; there are others, though very few in number, who believe that pollution and accidental deaths arising from this invention outweigh the societal and economic benefits. According to analysts, ââ¬Ëfinancial innovationââ¬â¢ caused the recent financial crisis with the extent of culpability ranging from secondary to extreme. According to some, financial innovation has led to some very effective inventions such as the ATM machine whereas the other financial inventions like Structured Investment Vehicles (SIVââ¬â¢s) are a bane. The list of positive innovations includes Automated Teller Machine (ATM), debit cards, money market funds, exchanged traded funds, indexed mutual funds, currency and interest rate swaps (The Brookings Institution, ââ¬Å"The Pros and Cons of Financial Innovationâ ⬠). The use of debit cards has enhanced the attractiveness of accounts as people no longer have to stand in queues to withdraw money. The introduction of financial swaps has empowered the businesses to hedge against any unforeseen circumstances. So, if a business with a huge export base is wary of depreciation of the receivables then it can take a suitable position in the currency swap. By this way, the value of its receivables remains intact. Similarly, a prospective borrower afraid of rise in interest rates, can buy forward rate agreements (FRAs) that will safeguard his position in the event of any unfavorable movement in interest rates. Financial innovation has empowered the domestic companies to raise the necessary funds or invest surpluses in the foreign capital markets.
Wednesday, October 30, 2019
Why Price Momentum Is Contrary to the Efficient Markets Hypothesis Assignment
Why Price Momentum Is Contrary to the Efficient Markets Hypothesis - Assignment Example The cash flow shocks, if embedded within the pricing, the price momentum can be observed. Or in a generalized manner, embedding any shock in the stock pricing implies the presence of price momentum.Shivakumar (2006) agrees that this phenomenon does seem contrary to the efficient market hypothesis, whereby, the hypothesis state that information is readily and equally available to all investors to ensure that the decision making of each is the differential amongst their strategy because the strategy is derived from information on which a decision is made. This concept is also agreed upon by Subrahmanyam (1998), Fama (1998) and Martin (2003) during their analytics on this model. Along similar lines, if information available to everyone is the same, then there is a consistency of information available in the market. Thus, a competitive environment shall prevail. However, this phenomenon exists in idealistic situations only, and on a general note, factors such as insider-trading, using pr ivileged information and so on do exist in markets globally. Subsequently, there are shockers ââ¬â shocking news in the market ââ¬â that prevail and the price of a stock fluctuates according to these shocks that can either be negative or positive; the former slides stock prices down, and the later carries it up, and the force that takes it up or down is known as the ââ¬Ëprice momentumââ¬â¢.Additionally, if the assumption of efficient market hypothesis would prevail, then equal information shall be available to all, and there would be presence of ââ¬Ëshock absorbersââ¬â¢, because since an information would not just be available for certain individuals but for everyone, therefore, there would be not much of a shock for people to know about the case.
Monday, October 28, 2019
My Personal Ethics and What They Mean to Me Essay Example for Free
My Personal Ethics and What They Mean to Me Essay Everyone has their own personal ethics, for me this means being honest to my self in everything I do. I use my personal ethics to help in making choices that affect every aspect of my life. Personal ethics for me mean that I choose to be who I am and donââ¬â¢t let others effect the way I think or behave. Ethics are what makes us who we are and how we react to situations. In school it is important to have personal ethics, this helps us to be honest, uphold the academic integrity, and be able to follow the rules that are set for us. When at work, home or while dealing with others your personal ethics come into play. People donââ¬â¢t even realize that they use these every day to make choices that will affect them. I always think before I say something and how it will affect the other person. There are some who do not do this however, and for them their personal ethics are different. I find it hard to understand those who do not have the same kind of personal ethics as myself. I know the reason why others do not think as I do, but it is hard to understand when someone is mean or dishonest and thinks nothing of it. I have always tried to be an honest and caring person. I take care of others and I am responsible for a lot of their personal items. I have to deal with small amounts of their money, cell phones, clothing, and jewelry every day. Without my ethics I would think nothing of taking things that didnââ¬â¢t belong to me. I know that I have had coworkers who have done this and I hate that it happened. They of course are no longer working here. It amazes me that people have bad personal ethics that they can even think about doing something to someone who has been placed in their care. I will as long as I live use my personal ethics to make me a better person to all I come in contact with.
Saturday, October 26, 2019
The Benefits of Enterprise and Innovation :: essays research papers
The Benefits of Enterprise and Innovation Teens are facing a major unemployment rate when they come out of High School. This unemployment rate could be cut if students would learn and grasp knowledge of business, economy, and new technology. This course should help in grasping all those ideas. This essay will start this process of learning by setting goals and showing how they can be met. The real world is tuff and unpredictable. With this course, preparing for the real world will be much easier. Ã Ã Ã Ã Ã Signing up for Enterprise and Innovation is as simple as watching the news. Just watching the news tell us about the roller coaster ride called economy and our unemployment rate will make anyone jump and sign up. Signing up just is smart. To succeed in the real world, an edge is needed. This edge starts by picking up a pencil and signing up for Enterprise and Innovation. With this edge a job should be easier to get and more enjoyable. Ã Ã Ã Ã Ã The goals that were set for this course are quite simple, relative to each other, and helpful. My major goal is to comprehend an edge and understanding in searching for a job and/or running a successful business. This goal also branches off into many smaller goals or steps. One of these steps is to gain experience by taking this course. The experience I will gain is about running a business and by getting knowledge of our economy to help get a job and help keep or get a job promotion . Another step is to seize more experience in interacting with people in a business. This experience will help extremely at giving better knowledge of how a business runs by its job force. Ã Ã Ã Ã Ã Many things have to be done and met to reach these goals. Though they may seem hard or easy to reach, all goals may grow, shrink, or change entirely. Through this course, focus and concentration is essential. Another way to reach these goals is to not just focus in one direction but open your mind to focus in many directions. This may need information from others, but that is another way of reaching these goals. Cooperation with people is major key in reaching goals. This cooperation is an easy way to reach the goals that were set.
Thursday, October 24, 2019
Determining of the equilibrium constant for the formation of FeSCN2+ Essay
Determining of the equilibrium constant for the formation of FeSCN2+ Introduction The objective of this experiment was to determine the equilibrium concentration and then determine Kc. A dilution calculation was formed to determine the concentration of SCN- and Fe(SCN)2+. Each cuvette was filled to the same volume and can be seen in table 1. Then the absorbances were recorded from each cuvette and can be seen in table 1. A Beerââ¬â¢s law plot was made from the data that was recorded from the optical absorbance. During the second part of the experiment Fe (NO3)3 was added and diluted with HNO3 . All of the cuvettes were mixed with the same solutions in the second part of the experiment, which can be seen in table 2. A dilution calculation was made to determine the initial concentration of Fe3+and SCN-. Then the formula Abs + b/ slope was used to determine the equilibrium concentration which lead to the calculation of each Kc per trial. Chemical reaction Fe3+ + SCN- FeSCN2+ à Conclusion: An acid and a base were mixed together throughout the experiment, which resulted in a bright orange color. It was determined that using the colorimeter at 565nm the would give the optimum wavelength because it was the closest absorbance to 430nm. All of the cuvettes were filled to 3mL so there would not be another dependent variable. Whenever Fe3+ would come in contact with SCN- there would be a color change. Relatively all of the Kc were close to each other as they should be because the only variable that affects a change Kc and the temperature was kept consent throughout the experiment. The average Kc from all five trials is 1.52 x 10 2.
Wednesday, October 23, 2019
Inflation in Bangladesh Essay
1. Introduction Inflation is a general increase in prices and fall in the purchasing value of money. ââ¬Å"Too much money in circulation causes the money to lose valueâ⬠-this is the true meaning of inflation. What is Inflation. The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum. (Investopedia) a. Kinds of Inflation Inflation means a sustained increase in the general price level. However, this increase in the cost of living can be caused by different factors. There are many types of inflation but the main two types of inflation are; 1. Demand pull inflation: This occurs when the economy grows quickly and starts to ââ¬Ëoverheatââ¬â¢ Aggregate demand (AD) will be increasing faster than aggregate supply (LRAS). 2. Cost push inflation: This occurs when there is a rise in the price of raw materials, higher taxes, etc. 1..Demand Pull Inflation This occurs when AD increases at a faster rate than AS. Demand pull inflation will typically occur when the economy is growing faster than the long run trend rate of growth. If demand exceeds supply, firms will respond by pushing up prices. Simple diagram showing demand-pull inflation The UK experienced demand pull inflation during the Lawson boom of the late 1980s. Fuelled by rising house prices, high consumer confidence and tax cuts, the economy was growing by 5% a year, but this caused supply bottlenecks and firms responded by increasing prices. This graph shows inflation and economic growth in the UK during the 1980s. High growth in 1987, 1988 of 4-5% caused an increase in the inflation rate. It was only when the economy went into recession in 1990 and 1991 that we saw a fall in the inflation rate. 2..Cost Push Inflation This occurs when there is an increase in the cost of production for firms causing aggregate supply to shift to the left. Cost push inflation could be caused by rising energy and commodity prices. Simple Diagram showing cost push inflation. 3. Wage Push Inflation Rising wages tend to cause inflation. In effect this is a combination of demand pull and cost push inflation. Rising wages increase cost for firms and so these are passed onto consumers in the form of higher prices. Also rising wages give consumers greater disposable income and therefore cause increased consumption and AD. In the 1970s, trades unions were powerful in the UK. This helped cause rising nominal wages; this was a significant factor in causing inflation. 4. Imported Inflation. Depreciation in the exchange rate will make imports more expensive. Therefore, the prices will increase solely due to this exchange rate effect. A depreciation will also make exports more competitive so will increase demand. 5. Temporary Factors. The inflation rate can also increase due to temporary factors such as increasing indirect taxes. If you increase VAT rate from 17.5% to 20%, all goods which are VAT applicable will be 2.5% more expensive. However, this price rise will only last a year. It is not a permanent effect. 6. Core Inflation One measure of inflation is known as ââ¬Ëcore inflationââ¬â¢.This is the inflation rate that excludes temporary ââ¬Ëvolatileââ¬â¢ factors, such as energy and food prices. The graph below shows inflation in the EU. The headline inflation rate (HICP) is more volatile rising to 4% in 2008, and then falling to -0.5% in 2009. However, the core inflation (HCIP ââ¬â energy, food, alcoholand tobacco) is more constant. b. People who are being affected by inflation Macro Economic Effect in Bangladesh: The inflationary situationin Bangladesh is on the rising trend, especially since August 2009, primarily owing to the soaring increase in food prices. The food price hike has accelerated the general inflation rate in the country. If the food price level rises at an existing rate of 1.31 percent per month and if adequate anti inflationary measures are not taken, the overall general inflation might touch a ââ¬Å¾double digit figureââ¬Å¸. Impact on women and children In Bangladesh, of total 143.91 million population, 69.81 million are women, reflecting 48.5 per cent of totalpopulation. About 86 per cent of women in Bangladesh live in rural areas. Between 2005 and 2006, total femalelabourforce accounts for 12.1 million, of them 2.8 million live in the urban area while 9.3 million in the rural area.In rural areas, they take part in economic activities and earn income through cattle rearing, gardening, poultry etc.About 80 per cent of workers in total labour force are women in the RMG sector. They work at a low rate of wagewhile 26 per cent of female workers earn less thanTk3000 only. Only 3.7 per cent of female workers earn morethanTk 5,000. With the low income and rising price of essentials, it has become very difficult for these women to provide their families with the basic requirements. 1. Increasing prices of foods reduces the real income of households thereby rationing spending on childrenââ¬â¢s schooling. This as a consequence is likely to reduce the literacy rate among girls in near future. The evidences suggest that in Bangladesh, it is the female children who are firstly taken out of schools if the family is in financial setback. 2. As education, skills and knowledge influence womenââ¬â¢s status in the society and at home, they loose their bargaining power thereby their ability to take part in the decision making process shrink eventually. 3. There is a greater disparity in nutrition intake among men and women. Men consume more nutrients than women. The female members in households especially in rural areas take their meals after their male members and children. Studies suggest that it is oneà of the main reasons of early childhood malnutrition. 4. Moreover there are many other factors that can be attributed to the maternal nutritional factors, for example, low birth weight of infants, infant mortality etc. 5. In recent years the rise in the price of baby foods has made it difficult for households to provide theirchildren with required nutrition. This is evident even among the middle income groups. According to a government report, the prices of baby food and powdered milk have risen by 30 to 38 per cent over theyear 2006 and 2007. The inability of families to provide proper nutrition for the children may result in undernourishment of children which contributes to increasing child mortality. 6. In Bangladesh, women are subject to violence in the society. Due to rise in the price of food and other essentials, as income of the family falls, tension rises within households and the women are often subject to violence by the male members of the family. 7. It is a common phenomenon that women take the role to provide food and nourishment to the members of family by arranging and preparing food. As a result, they have to bear the burden of rise in the price of food. Inflation erodes income of the poor One obvious consequence of inflation is the erosion of real income of the people resulting from the general increasein prices. The burden of income loss, however, differs across different income groups. No doubt, the householdgroups who are employed in the formal sector and whose salaries/wages are fixed in nominal terms and are re-fixedperiodically are the worst sufferers. The same is true for those employees in the informal sector who have incomefixed in nominal terms. In Bangladesh, a major concern, however, is the inflation-induced loss of real income ofthe poor. Food Inflation Raises Poverty and Inequality Food inflation has a profound nexus with poverty and inequality. Food inflation hits the poor hardest since their purchasing power decreases due to the erosion in real income. From the economics theory, when the real wage decreases demand for labor increases. Therefore, the employment should riseà since there is a tradeoffbetween inflation and unemployment. The result depends on whether the employment effect of inflation outweighs the real wage effect on poverty. But theBangladesh empirical data indicates that the real wage effect on poverty outweighs the employment effect of inflation There exists a positive relationship between food inflation and poverty. . Affect on saving & Investment: Excess inflation has its negative impact on savings and investment. Impact on savings has its direct reflection in the area of investment. Investment, both domestic and foreign, is essential for Bangladesh and it is important for growth and economic development. Affect on invertors: An unfavorable and unpredictable movement of inflation often creates lack of confidence among the investors. Many potential investments face bleak prospect and avoid the game of facing risk and uncertainty. Affect on bank& other financial intermediary: Inflation has its implications for the banking sector as well. Both for the banks and their customers inflation causes a reshuffle in the flow of activities. Rates of interest offered by the banks seem less attractive to the depositors. Bank lending has also a great role in the economy. In recent years there is an increasing trend of providing consumer credit by the banks. It will add to the demand side. But if itscontribution to the supplyside remains weak there will be alack of balance and the bankingindustry will face challenge. Other saving lending channels also face the same consequences from supply side to handle their investment demand. Affect on money supply: The challenge of central bank is to balance between growth and inflation. High inflation always put central bank under pressure to take contractionary monetary policy that might reduce growth. Mainly the people of middle class and poor are greatly affected by the higher inflation rate. A developing country like Bangladesh have higher inflation rate. It creates poor more poor and higher class of the society more higher. 2. Causes of Inflation In developing countries, in contrast, inflation is not a purely monetary phenomenon, but is often linked with fiscal imbalances and deficiencies in sound internal economic policies. Beside, factors typically related to fiscal imbalances such as higher money growth and exchange rate depreciation arising from a balance of payments crisis dominate the inflation process in developing countries. There were different schools of thought as to the causes of inflation. A. Quality theories of inflation The quality theory of inflation rests on the expectation of a seller accepting currency to be able to exchange that currency at a later time for goods that are desirable as a buyer. The quantity theory of inflation rests on the quantity equation of money that relates the money supply, its velocity, and the nominal value of exchanges. Adam Smith and David Hume proposed a quantity theory of inflation for money, and a quality theory of inflation for production After analyzing two theories of causes we have got here some physical cause to face which cover both theories depending on a number of factors. These are given below- B. Excess of money Inflation can happen when governments print an excess of money to deal with a crisis. As result, prices end up rising at an extremely high speed to keep up with the currency surplus. This is called the demand-pull, in which prices are forced upwards because of a high demand. C. Rise in production cost Another common cause of inflation is a rise in production costs, which leads to an increase in the price of the final product. For example, if rawà materials increase in price, this leads to the cost of production increasing, which in turn leads to the company increasing prices to maintain steady profits? Rising labor costs can also lead to inflation. As workers demand wage increases, companies usually chose to pass on those costs to their customers. D. International lending & national debt Inflation can also be caused by international lending and national debts. As nations borrow money, they have to deal with interests, which in the end cause prices to rise as a way of keeping up with their debts. A deep drop of the exchange rate can also result in inflation;as governments will have to deal with differences in the import/export level. E. Government taxes Finally, inflation can be caused by federal taxes put on consumer products such as cigarettes or fuel. As the taxes rise, suppliers often pass on the burden to the consumer; the catch, however, is that once prices have increased, they rarely go back, even if the taxes are later reduced. F. War Wars are often causing for inflation, as governments must both recoup the money spent and repay the funds borrowed from the central bank. War often affects everything from international trading to labor costs to product demand, so in the end it always produces a rising prices. 3. Measures of Inflation Control There are three measures to control the inflation. They are: General Policy of The Government Direct ââ¬â Action Measures of The Government Other Measures 1. General Policy of the Government: Government follows three general policies to control the inflation such as ââ¬â Fiscal Policy Monetary Policy Policy of Price Ceiling a. Fiscal Policy: If the government charges more tax on the goods then the particular productââ¬â¢s price will also be high. We will face price inflation. To Summarized issues relating to Deficit Budget: Financed by foreign assistance is dependence and uncertain, Financing by public, not inflationary, Borrowing from commercial banks not inflationary. Borrowing from Bangladesh Bank is inflationary Characteristics of Fiscal System in Bangladesh: Falling/Tax/GDP ratio, Tax base is narrow, Dominance of indirect tax, Customs + VAT (import) 50% of total tax Vulnerable to external fluctuations Growth in Non-development expenditure Heavy dependence on Foreign Aid Dependence on Deficit Financing No Far-sightedness b. Monetary Policy: Monetary policy is the main macro-economic policy formulated and implemented by the central bank. Bangladesh Bank has the authority to increase or decrease the volume of money in the economy and therefore, is responsible for formulating and implementing the monetary policy for the country. The wheel of development moves by taking forces from this policy. The aim of monetary policy is to keep inflation low and steady. Though, in a developing country like Bangladesh, the effectiveness of monetary policies is always uncertain, but effectiveness of these policies is treated as signal for policy makers. The Central Bank is the highest authority employed by the government for formulation of monetary policy to guide the economy in a certain country. Monetary policy is defined as the regulation of the money supply and interest rates by a central bank. Monetary policy also refers to how the central bank uses interest rates and the money supply to guide economic growth by controlling inflation and stabilizing currency. Like any other central bank, Bangladesh Bank is performing the role to formulate monetary policy in Bangladesh. The main objectives of monetary policy ofà Bangladesh Bank are: â⬠¢ Price stability both internal & external â⬠¢ Sustainable growth & development â⬠¢ High employment â⬠¢ Economic and efficient use of resources â⬠¢ Stability of financial & payment system Steps of the Monetary Policy: Restriction of broad money growth path Adjustment in cash reserve ratio (CRR) Statutory liquidity requirements (SLR) Restriction in the capital accounts Objectives of the Monetary Policy: The promotion of price stability GDP Growth Ensuring full or near full employment Supporting national and global economic and financial stability C. Policy of Price Ceiling: Price ceiling is a government policy whereby the government sets the maximum price of a product above which price is not allowed to rise further. Normally in a inflationary situation when prices will constantly be going high and high and tending to be going beyond the means of common people. Then government will implement price ceiling policy in order to protect the interest of the customers. Price Ceiling Control: Government must have to be ready to supply the required quantity of goods from its own production land and distribute product at its early declared price as per the requirement if any. Government will have to be ready to import the required quantity of goods under its own mechanism and distribute the product in the market accordingly. Government can ask the private entrepreneurs to import the required quantity of goods under their own management by offering them some attractive benefit packages such as decrease rate of interest, lower import cost, decrease tariff, non-stop support. Government can urge the countrymen to set up import substituteà industry with some attractive incentive schemes and can have the supply of required products for a long time basis. Government can supply the required quantity of goods from buffer stock created earlier by the government and sell the product in the market accordingly. 2. Direct Action Measure: It is an extreme measure. If the money supply increases, then to reduce inflation, Government can cease the money. 3. Other Measure: *Moral persuation: Convincing the consumer by the national leaders morally. They convince the public to consume less. *Government can urge the country man to restrict the consumerism. *Government can urge the business people to set the product at a reasonable price and restrict to sell at a high price. Limitation: In case of elastic demand such as baby food, that is not controlled by the consumer. 4. Effects of Inflation: All people will not be affected by inflation in the same way. Some will welcome it. Some people becomes upset and some acts indifferent. For the business people it will motive the entrepreneure and it is a good news for the producers. People who earn much, inflation is not a problem but who earn poor , they will be very much affected and their product consuming amount will be decreasing. General Effect An increase in the general level of prices implies a decrease in the purchasing power of the currency. That is, when the general level of prices rises, each monetary unit buys fewer goods and services. Increases in the price level (inflation) erode the real value of money (the functional currency) and other items with an underlying monetary nature (e.g. loans and bonds). For example if one takes a loan where the stated interest rate is 6% and the inflation rate is at 3%, the real interest rate that one are paying for the loan is 3%. It would also hold true that if one had a loan at a fixed interest rate of 6% and the inflation rate jumped to 20%one would have a real interest rate of -14%. Negative Effect High or unpredictable inflation rates are regarded as harmful to an overall economy. They add inefficiencies in the market, and make it difficult for companies to budget or plan long-term. Inflation can act as a drag on productivity as companies are forced to shift resources away from products and services in order to focus on profit and losses from currency inflation. Uncertainty about the future purchasing power of money discourages investment and saving and inflation can impose hidden tax increases. In case of international trade, higher inflation in one economy than another will cause the first economyââ¬â¢s exports to become more expensive and affect the balance of trade. Positive Effect Positive effects include ensuring central banks can adjust nominal interest rates (intended to mitigate recessions), and encouraging investment in non-monetary capital projects. It puts impact on Labor-market adjustments, Room to maneuver, Mundell-Tobin effect, Instability with Deflation etc. 5. Global Scenario of Inflation As an important worldwide phenomenon, global inflation varies largely, owing to the trend components of inflation as well as due the fluctuations arising in the frequencies of the commercial cycles. In 2013, the rate of global inflation is surprisingly low. Global economic prospects have improved, but the bumpy recovery and skewed macroeconomic policy mix in advanced economies are complicating policymaking in emerging market economies. Inflation was remarkably stable in the wake of the Great Recession and, in fact, has become less responsive to cyclical conditions. Todayââ¬â¢s fast-growing, dynamic low-income countries are likely to maintain their momentum and avoid the reversals that afflicted many such countries in the past. Inflation expectations have remained strongly anchored to inflation targets during the Great Recession and the sluggish recovery. Long-term inflation expectations in advanced economies remain close to targets despite wide variation in actual inflation rates. Even in Japan, expectations remain close to theà 1 percent target announced in February 2012 despite a prolonged period of deflation. Furthermore, coincident with greater central bank credibility, this anchoring is found to have increased over time. In the figure bellow the inflation rate of emerging, developed and BRIC countries are graphically shown: In 2013, we have seen that, South Sudan has the lowest inflation rate and Syria has the highest. In South Sudan, current inflation rate is -2.90 which was -8.80 in the previous year. The highest and the lowest inflation rates in the history of this country were 79.90 and -14.00 respectively. On the other hand, in Syria current inflation rate is 49.50 which was 49.90 in the previous year. The highest and the lowest inflation rates in the history of this country were 79.90 and -11.95 respectively. 6. Inflation in Bangladesh The Gross Domestic Product (GDP) in Bangladesh expanded 6.01 percent in the fiscal year 2012/2013 from the previous year. GDP Growth Rate in Bangladesh is reported by the Bangladesh Bank. From 1994 until 2013, Bangladesh GDP Growth Rate averaged 5.6 Percent reaching an all-time high of 6.7 Percent in June of 2011 and a record low of 4.1 Percent in June of 1994. Bangladesh is considered as a developing economy. Yet, almost one-third of Bangladeshââ¬â¢s 150m people live in extreme poverty. In the last decade, the country has recorded GDP growth rates above 5 percent due to development of microcredit and garment industry. Although three fifths of Bangladeshis are employed in the agriculture sector, three quarters of exports revenues come from producing ready-made garments. The biggest obstacles to sustainable development in Bangladesh are overpopulation, poor infrastructure, corruption, political instability and a slow implementation of economic reforms. This page provides ââ¬â Bangladesh GDP Growth Rate ââ¬â actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-05 Historical Trend Analysis The government introduced policy and institutional reforms encompassing the fiscal, financial, exchange rate, trade and industry, public resource management and public enterprise sectors. But some of those measures were not strongly pursued and some of the intended structural reforms were postponed. Monetary control in the initial years had appositive impact on the control of inflation. The regarded decision are taken below- To increase investible funds with the banks, the minimum cash reserve requirement and statutory liquidity requirement were reduced gradually from 8 and 23 per cent respectively on 25 April 1991 to 5 and 20 per cent respectively. This decision has reduced the inflation rate. In 1991 the lending rate was 14.99 which was high during 1992 but then it started tobe reduced at 14.39 (1993) and 12.22 at 1995. With the flexible use of the monetary instruments, broad money growth (Money Supply) was brought down from high rates of growth (14.1 percent) in the mid-1992to 10.6 per cent in June 1993 to reduce the rate of inflation. In the year 1995 government was thinking to increase the money supply which was brought to 16 percent for that reason inflation rate increased In the year 1995 government was thinking to increase the total domestic credit which was brought to 17.6 percent from 4.9 percent (1994). For this reason the inflation rate increased. In the year 1995 government liberalized Credit to the private sectors in fiscal year1995 by reducing lending rates including those in the three selected sectors of agriculture, exports, and small and cottage Industries had to be restrained due to the rise in price levels. For this reason inflation rate has increased With a view to ensuring an adequate flow of finance to productive sectors and to boosting economic activity, Bank ratewas gradually lowered from 9.8 per cent on30 June 1990 to 5.5 per cent on 3 March 1994 to control the inflation rate. On 24 March 1994 Bangladesh accepted the Article VIII obligations of the International Monetary Fund, a commitment to declare its currency convertible for current account transactions and liberalize exchange transactions on current account. Foreign exchange controls, which had constrained transactions for a longtime, were lifted for the majority of current account transactions. An interbank foreign exchange market has been established. The exchange rate policy is being managed flexibly so as to avoid appreciation of the real exchange rate and to maintain macroeconomic stability. Moderate economic growth and modest change in the wage index contributed to the relatively lowà rate of inflation (i.e., lower than 5 per cent) in 1990-1994. Higher money supply growth and lower deposit rate in FY95 contributed to the comparatively higher inflation rates in 1995. In 1996 the lending rate was 13.41 which were accelerated to 14.16 in 1999. Supply shortages in the rural areas originating from political instability in FY96 and disruption due to floods in 1998 caused serious shortfall of food and also hampered all other agricultural production, which ultimately caused higher inflation rates in1996, 1998 & 1999. A lower growth rate, because of lower production and relatively higher depreciation of the exchange rate due to food imports, also contributed to the higher inflation rate in the flood affected years. Larger depreciation of the exchange rate has accelerated the inflation rate 2.79(2002) to 4.38 (2004). Exchange rate might have played a significant role in causing inflation in 2005-2006 because of the introduction of flexible exchange rate regime since May 2003. A higher growth of money supply (13.84 at 2004 to 19.51 at 2006) added a lot to inflation in 2005-2006 In 2001 the lending rate was 13.75 which were lowered to 10.93 in 2005. In 2001-2006 high inflation in food (more than 5 percent) sector at international market was so much responsible for the fluctuation of inflation. Typically import occupies a significant place in the Bangladesh economy, accounting for as high as above 20 percent or more of GDP in FY06. At the margin, most of the essential food items (for example, sugar, rice, wheat, onion and edible oil) and, more generally, machineries, intermediate goods and raw materials used in production are imported. Cost of imports can, therefore, be expected to have substantial influence on domestic inflation (during 2001-2006) directly (through final goods) or indirectly (through intermediate goods). Unfair cartel among the suppliers might seriously hamper the course of the economy by engendering inflation via the creation of a false su pply shortage even during a period of robust growth in production. Such an undesirable event allegedly occurred in FY06 when the food inflation remained high (7.76 percent) in the same fiscal year despite the growth in food production (4.49 percent8 vis-à -vis 2.21percent in FY05). Monopolistic control of several food items such as sugar, onion, pulses and edible oil by market syndication seems to have led this situation.9Obviously such manipulation is a type of supply side disturbance. Inflation has emerged as a global phenomenon in recent months largely reflecting theà impact of higher food (The IMF food price index was 44.4 percent at June 2008)and fuel prices and strong demand conditions especially in the emerging economies. In line with global trends, Bangladesh also experienced rising inflation with the 12-month average CPI inflation touching 9.94 percent in June 2008. In the fiscal year 2009, global oil price has shifted upward dramatically so fast. So that the price of fuel & power has driven very sharp impact on our economy by increasing the price of Industrial product and reduces the output of industry. Though our government has taken needed initiatives to minimize the inflation rate but they have failed up to the expectation. In the fiscal year 2010, global food price has shifted upward dramatically so fast. So that the price of food has driven very sharp impact on our economy. Though the inflation has decreased to a reasonable rate (5.4 percent), the price of food is beyond to the normal people. Because of the insufficiency of credit to productive sectors it is unable to invest money in productive sectors whereas the money are using in less productive sectors which causes a high rate of inflation. The inflation rate in Bangladesh was recorded at 7.44 percent in February of 2014. Inflation Rate in Bangladesh is reported by the Bangladesh Bureau of Statistics. The general point-to-point inflation rate slightly rose to 7.48 percent in March from 7.44 percent in February 2014 compared to 7.71 percent in March 2013.Inflation Rate in Bangladesh averaged 6.63 Percent from 1994 until 2014, reaching an all-time high of 12.71 Percent in December of 1998 and a record low of -0.02 Percent in December of 1996. In Bangladesh, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides ââ¬â Bangladesh Inflation Rate ââ¬â actual values, historical data, forecast, chart, statistics, economic calendar and news. According to Asian Development Bank growth moderated last year, inflation declined, and the current account returned a larger surplus. This year, growth will slip again, reflecting slower expansion in exports, falling worker remittances, and political unrest before parliamentary elections. Higher inflation and a modest current account deficit are expected. The garment industry faces challenges in adopting tough compliance and safety standards. Growth should improve in the following year, but a major boost will come only with ramped up investment in infrastructure. Economic performance As officially estimated, gross domestic product (GDP) in Fiscal Year 2013 (ended 30 June 2013) grew by 6.0%, less than the 6.2% recorded in FY2012. Agriculture growth slipped to 2.2% from 3.1% in FY2012 as crop output was held down by higher input costs, lower output prices, and unfavorable weather. Services growth slowed to 5.7% from the previous yearââ¬â¢s 6.0% owing to stagnant imports and frequent hartals (political demonstrations) that disrupted supply chains and affected retail and wholesale trade. Industry growth rose slightly to 9.0% from 8.9% in FY2012, with contributions from construction and small-scale manufacturing. Economic prospects The forecasts for FY2014 and FY2015 rest on several assumptions: Political stability will be restored following the January 2014 national elections, improving consumer and investor confidence. The central bank will be watchful, in line with the January 2014 monetary policy statement, to keep inflation in check while helping direct steady credit flows to the private sector. Electricity and fuel prices will be raised to lower subsidy costs. It will be possible to mobilize more foreign financing, thus limiting government bank borrowing. Food grain and oil prices will remain stable on the international market. And the weather is normal. GDP growth is expected to slow to 5.6% in FY2014, owing to a decline in remittances (which have been equivalent to about 15% of private consumption spending) and as export growth tapers off in the coming months. Domestic demand was depressed in the first half of the year because the prolonged political unrest ahead of parliamentary elections in January 2014 dented consumer and investor confidence. This is reflected in lower private credit growth, a decline in imports of consumer goods and capital machinery, and modest growth in imports of raw materials. Growth is expected to rebound to 6.2% in FY2015, aided by higher remittance and export growth, as well as by prospects for continued economic recovery in the US and the euro area. A likely rise in consumer and investor confidence as the political situation stabilizes is also expected to stimulate demand and strengthen growth momentum. Source: ADB. 2014. Asian Development Outlook 2014. Manila. Effects of Inflation in Bangladeshi Economy Inflation, which some economists have dubbed as the ââ¬Å"cruelest tax of allâ⬠, is eroding purchasing power of consumers, especially the fixed and low income groups of people in net commodity importing countries, around the world. Following the persistent high-inflation regimes in the late 1970s and earlyà 1980s (largely due to two oil shocks), inflation rates have varied an average of two to three percent in the industrialized countries and fell to single-digit levels in many developing countries since the 1990s.1 It is widely viewed that globalization has had a positive impact on prices for over one and a half decade by heightening competition both on the demand and supply side. However, the specter of inflation has once again become a major concern for central bankers and policy makers around the world, as many countries have been experiencing high inflation largely owing to a notable increase in commodity prices. The prices of cereals, petroleum products, edible oil, and metals are skyrocketing in the international markets in recent years. Consequently, the commodity price indices have shown an upward trend lately A widely discussed plausible cause of high inflation in Bangladesh is the impact of global price hike. As a food and petroleum importing country, Bangladesh has to bear the brunt of global price hike of these items. Since the beginning of the current decade and up to 2008 global prices of fuel and food followed an increasing trend which got transmitted into the countryââ¬â¢s domestic economy. There has been some respite from high inflationary pressure towards the end of 2008 and 2009 due to the global meltdown and the resultant price fall of major commodities in the global market. With the turn round of the global Economy from the recession towards the end of 2009 and beginning of 2010, inflation started to shoot up. This trend was also observed in Bangladesh. The major source of high inflation in Bangladesh is high food inflation. The reason behind this assumption is that food carries a large weight in the CPI of Bangladesh. The weight of food items in the CPI commodity basket of Bangladesh is as high as 58.8 per cent of which the share of rice is 20.1 per cent. Hence the rise in food inflation affects the overall inflation significantly. Based on BBS data, it has been estimated that the contribution of rice inflation to the overall inflation was 23.41 per cent in FY 2011-12. Inflation appears to have emerged as a permanent phenomenon in the economic landscape of Bangladesh over the recent past. It has started to increase since the second quarter of FY2009-10 and continued to rise throughout FY2009-10 and FY2010-11. During the first three months of FY2011-12 there has not been any change in the direction ofà inflationary movements. The 12-month point to point consumer price index (CPI) inflation has reached as high as 11.97 percent in September 2011 compared to 7.61 per cent in September 2010. This is the hi ghest inflation in last one decade. As in most years, food inflation was higher than general inflation. Food inflation reached to 13.75 per cent in September 2011 as opposed to 9.72 per cent in September 2010. High food inflation had a knock on effect on non-food inflation as well, pushing it upward to settle at 8.77 percent in September 2011 from as low as 3.69 per cent in September 2010. In Bangladesh the average inflation (general) in FY 2000 was 1.94% while it is found 9.76% in FY 2011. But during these years changes in inflation did not follow any monotonic pattern. Bangladesh faces a tougher challenge in bringing down burgeoning inflation. The latest Bangladesh Bureau of Statistics (BBS) data shows that inflation had increased to 11.97 % (on point-to-point or monthly count) in September, the highest in 10 years. Food inflation, which was 12.7 per cent in August, had increased to 13.90 % in September while food inflation in urban areas had increased to 14.69 % in the same month from 12.94 % in August. The data on inflation reveal that inflation in Bangladesh is influenced by food and fuel prices. Higher food and fuel prices obviously affect inflation rate. The recent declining trend in food and non-food inflation may be explained by the decline in global commodity prices like petroleum, rice, pulses, onion, edible oil and other food items and higher domestic production of food due to favorable weather condition and some effective measures taken by the Government which included conducting open market operation, exemption of duties on essential commodities, sufficient import of food grains, strengthening of internal procurement and its supply, expansion of subsidies on fuel and fertilizer and widening of social safety net program etc. Another feature of recent inflation in Bangladesh is that rural food inflation has been closer to urban food inflation which was not the case in Bangladesh till August 2010. The likely causes for high rural inflation could be increasing demand due to higher purchasing power of the rural population through rising agricultural production, higher labor wages, expanded social safety net program and inflow of remittances. If compared with other South Asian countries Bangladesh stands second, next to Pakistan, in terms of the record of inflation rate in the region. Despite higher food price in the internationalà market, India has been able to keep its food price index down through higher production of major crops and by ensuring adequate supply in the domestic market. Pakistan epitomizes the case of a conflict economy with a high inflation rate and a very low growth rate. Higher food prices exert an upward pressure on inflation particularly in South Asian countries where such prices account for a major proportion of the inflation basket. High inflation is a major challenge in South Asia, where inflation has been in double digits in recent years and was 10.9 per cent in 2010. Some deceleration in inflation to 8.4 per cent is estimated in 2011. As inflation affects the poor disproportionately, it is a major cause of concern. High budget deficits in general are causing inflation. A few factors are believed to have contributed to the ongoing inflationary pressures in Bangladesh. The price hike of fuel and non-fuel commodities in the international markets is widely blamed for the current inflation. The depreciation in the countryââ¬â¢s currency unit, the BDT against its major trading partners, the expansion of M3 and credit have also played a part in raising prices. Bangladesh faced two major natural disasters (summer floods and cyclone Sidr) in 2007 which damaged standing crops, among others, and escalated food prices. The current caretaker governmentsââ¬â¢ drives against corruption have exacerbated the problem. Last but not least, Bangladesh is not self-sufficient in terms of food production and the country has had a long history of food problems, if not crises. Moreover, in recent years, growth in the agriculture sector has been sluggish. Current indications show that commodity prices in the international market are likely to rise during the coming months of FY12. With greater global economic integration, inflation in Bangladesh is more open now than before to external pressures coming from outside the country. The reasons lie in many factors including high import dependence, increased global pressure of excess demand, weak productivity growth in the domestic economy, and persistence of significant structural and institutional rigidities. The last inflation episode that Bangladesh faced was not policy induced, but was fueled more by domestic supply shocks and global price hikes. But the current buildup of inflationary pressure can partly be attributed to the liquidity expansionà that took place in the first half of FY12. With rapid buildup of net foreign assets (NFA) and in the absence of sterilization, liquidity expansion has created some pressure particularly in asset markets (stock and real estate markets) and in non-food prices. These issues need more explicit consideration in Bangladesh Bankââ¬â¢s monetary policy response along with clear signals for the future. Conclusion 2013 is over but the pains and consequences of inflation are not over yet for the millions of people of Bangladesh. 2013 is a year of political disasters, with record level political violence and frequent abuses of human rights in Bangladesh. At the same time inflation has added as another disaster in the lives of millions of people. High inflation is never good for the economy, let alone the millions of working people of the country. Most of the people country are straightaway experiencing the blunts of high inflation, but these people are the majority and the vital forces of the economy of the country. References: Economic Review of Bangladesh (www.mof.gob) Paul A. Samuelson & W.D. Nordhaus ââ¬Å"Economicsâ⬠E. Mansfield ââ¬Å" Microeconomics: Theory and Applicationâ⬠John Sloman ââ¬Å"Economicsâ⬠Akhtaruzzaman, Md. ââ¬Å"Inflation in the Open Economy: An Application of the Error Correction Approach to the Recent Experience in Bangladesh,â⬠Working Paper Series, WP 0602 (2005), Policy Analysis Unit (PAU), Research Department, Bangladesh Bank. Bangladesh Bureau of Statistics. National Accounts Statistics of Bangladesh (Revised Estimates, 1989-90 to 1998-99), Strengthening National Accounts and Poverty Monitoring Project (SNAPMP), National Accounting Wing (NAW), BBS, Ministry of Planning: Statistics Division (2000). Wikipedia (https://en.wikipedia.org/wiki/) Bhattacharaya, D. ââ¬Å"Bangladesh Economy: Macroeconomic Performance,â⬠mimeo, Centre for Policy Dialogue, Dhaka (2004). Available at www.cpd-bangladesh.org (access date: 1, December 2005). Bruno, M. and W. Easterly. ââ¬Å"Inflation Crises and Long-Run Growth,â⬠World Bank Policy Research Working Paper No. 1517 (1995). Khan, M. S. and A. S. Senhadji. ââ¬Å"Threshold Effects in the Relationship between Inflation and Growth,â⬠IMF Staff Papers, Vol. 48, No. 1 (2001). Tobin, J. ââ¬Å"Money and Economic Growth,â⬠Econometrica, 33 (1965), pp. 671-684.
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