International Development Is Best Helped Through Free Trade Research Paper

International Development Is Best Helped Through Free Trade - Research Paper Example This report stresses that countries have learned to use free trade to improve their economies or foreign relations with their neighbors . In spite of research efforts to understand, the concept of free trade, definitive findings on the subject are still limited. Compared to related areas such as business management, diplomacy, and foreign relations, free trade has received less research recognition and attention and deserves better. This topic is an attempt to do justice to the concept of free trade by providing more critical, comprehensive and relevant perspectives on the subject. Students, managers, business owners, leaders and teachers need to develop a better and deeper understanding of free trade, and this international development is best helped by free trade. Based on the literature review and the examination of collected data, all indications are that there is a positive correlation between international development and free trade. In addition, the research shows that when al l conditions are constant, the relationship between international development and free trade is directly proportional. Various observations and have been made, and there is considerable proof that free trade has a positive impact on international development. Another inference is that free trade is a multidisciplinary and multifaceted concept that is easy to misconstrue because of its wide scope. It is important for researchers to use critical skills when analyzing the concept of free trade on its own, without relating it to other variables.

Football Essay examples -- Sports Game

  Ã‚  Ã‚  Ã‚  Ã‚  Though beaten, bloody, and drained of energy, the two teams in competition still thirst for victory and strive to defeat their opponents. Both teams can smell victory in the air and give their all to come out on top of this football game. All kinds of emotions stir, and as the men pound at each other constantly, the crowd roars. Because of all of the intensity involved in the game, football is on of the world’s most popular sports, however, understanding the game of football is not easy. Football is a complex sport in its origin, evolution, and rules of the game.   Ã‚  Ã‚  Ã‚  Ã‚  It is said that the forerunner of American football was a game called â€Å"harpaston,† played by the ancient Greeks. Similar to modern football, the object of harpaston was to move a ball across a goal line by kicking, throwing, or running with it. However, most modern versions of football originated in England in the twelfth century. A certain form of football was known during this time, and it became so popular that it was banned because it took away from the military sport of archery. Modern football is a mixture of soccer- where a ball is kicked to opposite goals by two opposing teams and they have to defend their own goal and try to kick the ball into the opposite goal, and rugby- in which players run with the ball and tackle each other.   Ã‚  Ã‚  Ã‚  Ã‚  The first football game was known as the â€Å"Boston Game,† and was played at Harvard University. Harvard accepted a challenge from McGill University, who played a sport somewhat like English Rugby Football. In the early years of football, each team used twenty-five players at a time. In 1873, it was reduced to twenty players, in 1876 to fifteen players, and in 1880 to eleven players, where it has remained.   Ã‚  Ã‚  Ã‚  Ã‚  The modern game of football is played on a field 100 yards longs and 53.5 yards wide. Each team defends on end of the field, which is known as an end zone. The end zone is another ten yards added on to the length of the field on each side. The object of the game is to carry, pass, or kick the ball into the opposing end zone and to score. In the middle of the back of each endzone are goalposts, through where the ball is kicked to score points. This is known as a field goal, which is worth three points. Carrying or passing the ball successfully into the endzone is called a touchdown, which is worth six points. Then, the team has the opti... ...ave evolved to hard plastic and are equipped with a protective face mask. The shoulder pads are much larger and are also made of plastic and foam, which absorbs much more of the impact. The thigh, hip knee, and tail (commonly known as butt pads) pads are made of foam and prevent the player from injured while being hit in the lower body. The equipment used today is much more safe than it was in the early days of football and has evolved for the better over the years. Football players today have much less to worry about as far as hurting while getting hit.   Ã‚  Ã‚  Ã‚  Ã‚  Football is one of the most popular sports today, and for good reasons. The intensity involved is football is unlike any other sport, and this attracts people to football. The way the game has evolved over the years also intrigues audiences to gather around to watch. The sports industry today has become a great part of entertainment in the world. Because football is a very large portion of the sports industry, it is very important to many people. Large groups of people dedicate their entire lives to the game of football and without it, the world would be a completely different place. Sources New World Encyclopedia 1991

World Bank

Reform internal Goverance A. Introduction: â€Å"The World Bank has undergone significant change in its purpose and membership since its inception in 1944† (world bank, 2003). As a result, there are many people criticize regarding its current governance and accountability. They are discussed that bank’s governance system is undemocratic, largely because borrowing countries that are impacted the most by bank projects have minimal voice in bank’s decisions about loan and projects and the selection of the bank president is unilateral. The World Bank also lack of transparency in its decision making.And then, critics argue the bank’s members are unaccountable. â€Å"In April 2010, Management presented a set of operational and institutional reforms aimed to enhance the overall effectiveness, efficiency, legitimacy, and accountability of the WBG† (WB, 2010). Some of these reform areas have direct implications on the governance of the institution, from the perspective of Board / Management relations, institutional accountability, and relations with external stakeholders. AS a result the Bank uses the methods to solve the current problems, such as reforming the voting system and presidential selection and makes the bank’s accountability.B. Governance: â€Å"Since the World Bank was established over 60 years ago, its role in supporting economic and social development has expanded and deepened with changes in the global context and the evolution in the financial architecture†(Jeff, 2007). The focus on strengthening internal governance systems and structures is driven by external and internal forces. There is little of bank basic structure has been altered, even though the World Bank’s members have been changed considerably.The main problem of the World Bank’s governance is that developing country has weak link with bank’s decision making process, because they do not have their own executive director. â €Å"The World Bank’s internal governance mechanisms reflect the political and power relation which dominated World Bank’s politics in the decades following World War II. The five large shareholders in the Bank is the United States, Japan, Germany, the United Kingdom, and France which maintain more than two-thirds of the voting power, effectively ensuring that decision reflect the policy views of America and western Europe†(Leech, D. 2003)). Developing countries influence on the Board of Executive Directors is limited. â€Å"The remaining 16 Board seats are split among 177† (Leech, D. (2003), this has the consist with large number of individual countries. People suggest two ways: one is reforming current voting system, and another is selecting the bank’s president. 1. Reforming voting system: Many people argue the bank’s current voting system. When the executive board makes decision about loan or other policies, voting is not based on one vot e per country rule. Voting power is weighted and is based on a country’s quota†(Leech, D. (2003). Under the current quota, â€Å"each country has base of 150 votes, the country which has good economic can add votes, it means one additional vote for each share of stock held by that country, which depend on that country’s relative economic and financial strength†(Daniel Kalinaki, 2002). For example, United State is a large shareholder, and it holds 16. 4% votes (see table below). Member of the country that holds large shares has more power than the poor country during decision making process.Unfortunately, the developing countries need more loans, but they have the least amount of voting power to make loan decision. The quota system dictates that a handful of developed countries hold a majority of shares, these members are able to dominate the bank’s decision making process. Table: Voting Weights and Voting Powers in the Governors Member countries hav e suggested proposal for reforming the voting system to Increase representation of the borrowing countries. Double majority voting is one reform that may enhance developing countries’ participation. Under this system, decision would require to pass by two majorities that are majority of shareholder votes and majority of developing countries votes†(World Bank Group, 2003). This would give developing countries more opportunities to say what they want to say, because decision would not pass without support with a majority. And this system also allows the industrialized donor countries and the developing recipient countries to assert their claims. 2. Selection of the World Bank President The selection of president is another argument relating to bank governance. The board of governors selects the president for a five year, renewable term†( Jeff powell, 2007). According the bank’s Article of Agreement state: â€Å"Executive Directors shall select a president wh o shall be chief of operating staff of the bank and shall conduct, under the direction of the Executive Directors, the ordinary business of the bank†(World Bank Group, 2003), â€Å"the Board of Executive Directors selects the President, in practice the head of the Bank is selected by the United States while the head of the IMF is selected by Europe†( David Theis, 2010).This gentleman's agreement between the US and Europe reduces the legitimacy and credibility of the World Bank. No clear procedures exists for ensuring the qualifications of a candidate, nor does a process exist for other member states to review and question appointments. The World Bank President should be selected through an open and transparent process. Now, many people and the global expert and world bank employees disagree the way the president choice and argue that the selection process should be a democratic, not only focuses on one country.They think that United States is no longer valid to be presi dent because the united state account for 16% of the world bank’s share now, it does not play a dominate role in world bank. It is also unfair that united state hold a monopoly over the World Bank’s leadership. Many people give the advice to the World Bank for changing in the selection process. The one way they support is selecting process should be open and based on merit.They believe that opening up the selection process will ensue among qualified candidates’ and it also like a competition, which help the World Bank to get qualify president. The way is simulate new voting system. The new president should pass double majority. This means the president should be approved by a majority of the member countries and group of countries representing majority. This gives everyone opportunity to select who is the best president. The World Bank responses the working group and makes suggestion for selection process. The working group advice (1) the selection should overse e cannot focus on single country. (2) They should have a specific standard for choose candidates. (3) Every country has opportunity to provide candidates†(Daniel Kalinaki. 2002). The most important is candidate that was selected should have more experience and qualifications, and the selection process should be open and transparent. C. Accountability Critics argue that the Bank is unaccountable to its members, because they have charter which is immunity from lawsuits.The bank’s charter grants the bank immunity to the extent that member countries or persons who can not sue the bank about it do not follow its police. And it is fail to make it more accountable. Therefore, many people advice that the bank need to improve their accountable. If the bank cannot show their accountable, the member countries cannot trust what the bank does. As a result, the bank develop many horizontal accountability mechanisms which including the operation evaluation department, the department o f institutional integrity. 1. TransparencyWhile the Bank's internal governance structures minimize the ability for developing countries to engage, the lack of transparency in decision making reduces the effectiveness of external stakeholders to engage in Bank affairs. The lack of Board transcripts leaves stakeholders with no way of knowing where individual Executive Directors stood on issues. This reduces their ability to effectively advocate their position. â€Å"In 1933, the Bank restricted public access to almost every type of document that related to bank’s project. Consequently, people do not know bank’s lending operation, nd they do not know where their money is going†(Jeff powell, (2007) Public scrutiny harm the bank’s decision making and effect its deliberation, the reason why they do is they think that the bank does not have the rights to disclose the documents. It is borrowing country’s property. When the number of public scrutiny and cri ticism increase, the bank attempts to increase its transparency. The bank has expanded the information that allows public to access. As we can see, the bank uses its website to show public what it is doing and publish more research to people.The website that bank published shows the thing it will do, and annual report and presentation. The bank starts to improve transparency policy and create operations manual, and this change make the bank is more accountable to their member countries. It also creates many mechanisms to enhance horizontal accountability, which means department can check the abuses by other department. 2. Dual Feedback Performance Dual feedback performance is an important part to improve governance structure and accountability framework of WBG (World Bank Group).The feedback system is agreed by the executive directors, and it will be a part of WBG’s governance and accountability with next presidential selection round. The main object of Dual feedback performa nce is creating a dynamic relationship between Board and Management to improve in governance and effectiveness of the Board and president. A Committee on Governance and Administrative Matters (COGAM) Working Group composed of Board and Management representatives was established to work on developing a framework for the dual feedback performance of the Board and President. COGAM discussed a report from the Board members of the Working Group and endorsed the report as a significant input to continued work on the framework, which would be taken up by a renewed, integrated Board-Management Working Group in the next term of the Board† (World Bank Group, 2003). Dual feedback Performance can help each other to measure their performance and it can cause the governance of the bank more reliable. Each of department monitor other’s action and the bank will be dependable, because everyone is under the control, and there is less collusion between the departments.The Board and presid ent wish to begin with a structured conversation on their respective effectiveness, measure against the institutional achievement as captured by the corporate scorecard. Conclusion: To improve the World Bank internal governance and ensuring the consistent with Department for International Development’s own objective, reform must take place at The Bank to achieve transparence and responsibility. An improved policy on information discloses would foster transparency and enables stakeholders to hold the Bank and their representatives to account.Improved selection procedures for the President alongside more equitable control among member states on the Board of Executive Directors would expand ownership of the organization to developing countries thereby increasing legitimacy and enhancing credibility and effectiveness and developing countries more opportunities to show their opinions. An improvement of Dual feedback performance helps the World Bank has more accountability to all d epartments; each of department can monitor each other and everything they is under the control.

William Shakespeare s King Lear - 1611 Words

Though most of us today do not own mass kingdoms, have authority over a great number of knights, and cannot attribute our fortune to our father being the ruler over a powerful European country, we all must experience life-changing events that jeopardize our sense of identity and make us question how we value ourselves. Our perception of our worth can change with what we learn through our existence, much like the characters in the play King Lear by William Shakespeare. Adversity and hardship are inevitable when characters are unable to connect themselves within their own identity or find a loss of self at some point in their role. The self-awareness, an essential aspect of their role, of many of the characters in the play is diverted in distinctive ways. These characters divulge their sense of self-loss through the motif of â€Å"nothing†, often referring to themselves as such and acting in a way that lets the audience know they think much less of themselves than they previ ously had before. This sense occurs within major characters like Edmund, the character lacking self worth from the very beginning, and Edgar, the figure who is left to recover all order in the end, to minor characters such as the Fool. In this classic piece of literature, the theme of identity manifests itself as a common concern in story through the motif of the repetition of the word â€Å"nothing.† Edmund, the illegitimate son, the bastard child, is the character in the play that has felt a loss ofShow MoreRelatedWilliam Shakespeare s King Lear1564 Words   |  7 PagesWilliam Shakespeare is universally known for his literary output both in poetry and drama. Whether through his laugh-invoking comedies or his heart-wrenching tragedies, Shakespeare’s plays have changed the course of literature. Many of his plays about love are widely praised by all, but Shakespeare s King Lear differs from the rest due to its definition of love. King Lear serves as an battleground between deception and compassion, between flattery and honesty. Rather than focusing on romantic loveRead MoreWilliam Shakespeare s King Lear1550 Words   |  7 PagesINTRODUCTION: By facilitating the growth of evil within William Shakespeare’s King Lear, it is evident that the tragedy’s protagonist, King Lear can be held accountable for his own victimization and ultimate downfall. The most notable aspects of this self-induced victimization include Lear’s own lack of practical wisdom and divergence from the natural order, combined with the neglect of kingship, that enables Lear as a tragic hero to create the conceptual framework in which the ulterior motives ofRead MoreWilliam Shakespeare s King Lear3086 Words   |  13 PagesJerion Young Ms. Woods English IV 4 March 2015 King Lear William Shakespeare uses several literary elements in his writing, elements which are especially apparent in his play, King Lear. Shakespeare uses excellent creativity and description when writing this tragedy. â€Å"Neither has Shakespeare placed in the mouth of any other character in this play such fatalistic expressions as may be found in King Lear and occasionally elsewhere†(A.C. 2003). The way King Lear talks in this play is very evil compared toRead MoreWilliam Shakespeare s King Lear1320 Words   |  6 Pagesothers. Having strong communication skills allows one to better understand the situation at hand. Proper communication is essential to working out problems because of this reason. In the play King Lear by William Shakespeare, Lear communicating with his daughters, Gloucester communicating with his sons, and Lear communicating with Kent are all examples of failure of communication, which later lead to consequences and hardships that the characters must face. Without proper communication, people willRead MoreBlindness By William Shakespeare s King Lear2212 Words   |  9 PagesMaysoun Deeb Mr. A. T. Lebar EN4UN-04 13 July 2015 King Lear Blindness by definition, according to dictionaries, is â€Å"unable to see and lacking the sense of sight† by which King Lear, the classic tragic play written by William Shakespeare, illustrated the concept of blindness amongst his characters as the leading theme. King Lear and Gloucester were the characters that have been conflicted by this â€Å"blindness† that may or may not change their personalities in the very end of the play. Gloucester becomesRead MoreWilliam Shakespeare s King Lear1546 Words   |  7 PagesTwo Sides to Every Person There are two sides to every story; that of the protagonist and that of the antagonist. As shown in the Shakespearean play King Lear, there is very little difference between the two. Edmund, who appears to be a villain, is more than meets the eye. His evil is a rebellion against the social order that denies him legitimacy. His villainy does not come from innate cruelty but from misdirected desire for familial love. His remorse in the end displays his humanity and blindnessRead MoreWilliam Shakespeare s King Lear1510 Words   |  7 PagesShakespeare’s King Lear deals with tragic human relationship like the other tragedies of the author, but this story was written in social aspect and raises the doubtful point on legitimacy of some political systems. In this play, various characters form multi-layered kconflict relations. Thus, the story is being propelled towards tragedy due to numerous inner and outer conflicts of each character. However, as it is brought into being a charact er, Edgar in the end of the story, it implies new beginningRead MoreWilliam Shakespeare s King Lear1470 Words   |  6 Pagesduring the Elizabethan era, making it relatable to all audiences, especially the modern audience, leaving room for multiple perspectives and understanding of the play. Shakespeare’s play ‘King Lear’, depicts the main protagonist’s ‘gradual descent into madness’ as a result of the forces of evil acting in the play for Lear has, to an extent, have sinned though it can’t outweigh that he has been sinned against. This is confirmed through Lear’s injudiciousness to see through his two eldest daughter’s internalRead MoreWilliam Shakespeare s King Lear 1306 Words   |  6 Pagesâ€Å"All...shall taste the wages of their virtue...the cup of their deservings. (5.3.317-320)† King Lear is frequently regarded as one of Shakespeare’s masterpieces, and its tragic scope touches almost all facets of the human condition: from the familial tensions between parents and children to the immoral desires of power, from the follies of pride to the false projections of glory. However, one theme rings true throughout the play, and that very theme is boundless suffering, accentuated by the gruesomeRead MoreWilliam Shakespeare s King Lear858 Words   |  4 PagesEvery good story has a hero and a villain. The villain is usually considered to be evil and have evil intentions, but often has good hidden somewhere deep inside them. This is definitely the case for the character of Edmund in Shakespeare’s play â€Å"King Lear.† Edmund betrays and deceives both his brother Edgar and his father Gloucester in order to achieve wealth and power. While his actions are corrupt and wrong, he should not be considered as entirely evil. His personality and his social status are