Christianity Essay Example for Free

Christianity Essay Trade and merchants play a major role in Christianity and Islam from their origins to the 1500’s, and even though both had similar attributes yet differed as well. Christians and Islam both had a negative outlook, both had their religious viewpoints, as well as both changed their views towards trade. Despite this, Christianity began to open up to trade, even tolerating it, while Muslims became stricter on merchants and trade. Furthermore, Both Islam and Christianity had a negative attitudes for instance, in the Bible, Jesus preaches to his disciples how a rich man will never reach heaven. This is due to their behavior, for merchants are greedy and lying people whose only content is to get rich, which goes against Christianity’s belief. Moreover, Thomas Aquinas explains how unfair and unjust merchants are for they price their goods higher than what the product actually cost. By the tone of the document as well as how he explains trade and its problems show his dislike. Likewise Ibn Khaldun describes merchants as weak, and disgusting men and how they negatively affect the government. His tone is harsher however, which indicates his anger towards the merchants. Merchants constants rip-off of the people by selling their goods at a high price as well s giving their all their goods to those who pay more. The Islamic Court in Ankara had to deal with a case in which merchants would give all their cotton to a single person, if they pay extra high price in addition to the merchant’s high prices. Document seven contains quotes from that of the people who have complained about the merchants. Both Christianity and Islam share the same pessimistic attitude towards merchants and trade because of their behavior and how they sell their goods. Anyways, I would have like to see a document from a merchant, it would have help me better indicate if merchants were really sneaky and unfair as spoken in the documents given. Some looked to the Christianity’s and Islam’s beliefs, to determine their view on merchants and trade for both religions impacted all their followers. In the Bible, Jesus says that no rich man will ever reach heaven. The small passage comes from the bible, which heavily every Christians view. Which is also why he emphasized how the quote from the bible and how i t fit into the situation. The Muslim Qur’an also circled around honesty and truthfulness which the Muslims and Muslim merchants had to follow if they wanted to reach paradise. Thomas Aquinas who was also heavily influence by Christianity, and its bible, for he states a line out of the bible. He indicates the bible  because he knows that adding the bible would persuade many of the Christians which was his intended target audience. Reginald, a monk of Durham also says explains the life of Godric and how he became a successful merchant, only to become tired of it and soon devoted himself to God giving away all his possessions to the poor. Reginald’s attended audience was Christian followers, he also helps justify document 1 in Godric went from rich to poor in order to devote himself to god. I would have liked a document from a person not Christian or Islam because it would have allow me to understand how much both religions influence the views of its subjects. Despite the similarities Christianit y religious views seem to rather negative and stricter than the Muslims were lighter and positive. Merchants and trade in the eyes of Christianity and Islam began to change significantly overtime. Ibn Khaldun says how beneficial the merchants are to the capital, for they buy goods in one area, only to sell at a higher price in an area in demand. Which the Qur’an also depicts, however it encourages trade as long as it is fair and truthful. Yet Ibn Khaldun gives us evidence of laws which were established in order to control merchant’s behavior. In addition, document 7 shows how the Islamic court had power over merchants and could affect their behavior as well as. Unlike Islam which began to become stricter, Christianity began look towards it positively, such as, letter C of document 6 describes an order being canceled for English wool, and the consumer seemingly brings god name into it, which suggest the consumer does not think of trade conflicting with Christianity. Which letter A also identify for both letters show how the merchant’s goal is to make a profit, and they see no problem with. In conclusion, Christianity and Islam attitudes towards trade and me rchants were similar in certain aspects as, of the beginning both viewed it negatively, and on a religious level. However, both began to change their views on trade and merchants. For Christianity began approving trade, while Islam began harsher treatment towards trade and merchants.

The Importance of Agricultural Sector in Economics

The Importance of Agricultural Sector in Economics THE IMPORTANCE OF AGRICULTURAL SECTOR IN AGRICULTURAL ECONOMICS 1.0 INTRODUCTION Agriculture is an important sector to the country’s economic development. It was one of the highlighted issues during Tun Abdullah Ahmad Badawi’s as Malaysia’s Prime Minister. Abdullah strongly believed that this industry can generate wealth and reduce poverty particularly among those from rural areas. One of the major thrusts of the Malaysian economic development since her Independence in 1957 has been and continues to be the rural development programmes. The rural sector plays a pivotal role in the country’s economic growth, social and political development. The Malaysian economy depended on the rural sector in the early development stage for agricultural input and output and hence the country’s export earnings and growth in the 1960s and 1970s. Agriculture sector can be generalized into two categories – industrial commodities and food sub-sector. Industrial commodities under Ministry of Primary Industries (KPU) provision is responsible in ensuring high quality production of pepper, palm oil, rubber, cocoa and wood and timber. On another note, Ministry of Agriculture and Agro-based Industry (MOA) must oversee crop production, livestock and fisheries activities. Like any other developing economies, the growing economic importance of the manufacturing sector implies that the rural sector has fulfilled its role as the supplier of labour, land and capital required for industrial. 2.0 THE IMPORTANCE OF ECONOMIC IN AGRICULTURAL The agricultural sector has contributed to the growth and major contributors to national income and export earnings. The agricultural sector initially derived from increase production of livestock, fisheries and other miscellaneous crops. The NAP provided for a comprehensive and coordinated long-term policy for an effective development of the agricultural sector. The NAP called for agricultural-industrial linkage through the expanded development of agro-based industries, mainly in processing, storage and handling of agricultural commodities to increase their value-added before export. There is some of importance of economic in agricultural sector: 2.1 Diversifying and shielding the economy Agricultural is consideration a vital to the economy of Malaysia. It play a role in diversifying and shielding the economy from external shock. The increase in earnings of major commodities, particularly palm oil as food commodities, enable sector to retain its workforce and withstand the economic downturn. There also important in especially in diversification to improve the economy activity in Malaysia. This is some of example that can help for increasing the economy such as: Integration of cattle in palm oil plantation Intercropping Mixed farming Processing activities 2.2 Development of rural area We will bring development to rural areas by promoting the agricultural sector by reducing imbalance in urban-rural development especially in the less developed states. Rural development generally refers to the process of improving the quality of life and economic well-being of people living in relatively isolated and sparsely populated areas. Rural development has traditionally centred on the exploitation of land-intensive natural resources such as agriculture and forestry. However, changes in global production networks and increased urbanization have changed the character of rural areas. Increasingly tourism, niche manufacturers, and recreation have replaced resource extraction and agriculture as dominant economic drivers. The need for rural communities to approach development from a wider perspective has created more focus on a broad range of development goals rather than merely creating incentive for agricultural or resource based businesses 2.3 Increase food production The sector contributed not only as a supplier of raw material to the resource based industries, but also in term of food production. Food production capacity is faced with an ever-growing number of challenges, including a world population expected to grow to nearly 9 billion by 2050 and a falling ratio of arable land to population. According to the Food and Agriculture Organization of the United Nations or FAO. These crop losses would be doubled if existing pesticide uses were abandoned, significantly raising food prices. Even after harvest, crops are subject to attack by pests or diseases. Bugs, rodents or molds can harm grains. In addition to increasing crop yields, crop protection products used in stored products can also prolong the viable life of produce, prevent huge post-harvest losses from pests and diseases, and protect food so it is safe to eat. The crop protection industry’s primary aim is to enable farmers to grow an abundant supply of food in a safe manner and pre vent costs from increasing. Food production processes benefit from continual advancements in agricultural technologies and practices; in fact, a population now nearly twice as large has more food available per capita than 40 years ago. 2.4 Improve balance of trade The food import bill has been a long standing problem in Malaysia. The commercial balance or net export, is the difference between the monetary value of exports and imports of output in an economy over a certain period, measured in the currency of that economy. It is the relationship between a nations imports and exports. A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit or, informally, a trade gap. The balance of trade is sometimes divided into a goods and a services balance. There is some factor that improving balance of trade in economy Malaysia: The cost of production such as land, labour, capital, taxes and incentives in the exporting economy. The cost and availability of raw materials, intermediate goods and other inputs Exchange rate movements Multilateral, bilateral and unilateral taxes or restrictions on trade Non-tariff barriers such as environmental, health or safety standards The availability of adequate foreign exchange with which to pay for imports. 2.5 Economic in Malaysia restructuring The Second Malaysia Plan stepped up government involvement in the economy, with the main goal of increasing Malay economic interests, especially in the areas of manufacturing and agricultural. In order to avoid directly hurting Chinese economic interests, the plan focused on huge economic growth, with the goal of expanding both the Malay and non-Malay shares of the economy in absolute terms, while increasing the Malay share in relative terms as well. The Second Malaysia Plan hoped to achieve greater reduction in poverty and increase the involvement of the Malays in the private sector by imposing certain restrictions on private firms that would benefit Malay employment and economic ownership. 3.0 Future Prospects and Challenges Internally, the agriculture sector continues to face inefficiencies arising from structural defects such as land fragmentation, labour shortage and increasing cost of inputs. As a consequence, productivity, yield and profitability from smallholdings continue to lag behind plantations. Paddy farming continues to face chronic inefficiencies arising from the Government’s policy to continue guaranteed minimum price for paddy and structural defects. As a result of government intervention in price setting and distribution, structural defects have become institutionalized and resistant to change. It becomes even more difficult to effect a change now because subsidies to paddy farmers have become politicized as used as vote gathering tools. Inputs to agriculture production such as capital and labour will continue to be constrained in response to demand for these very same inputs by Malaysia’s fast expanding manufacturing sector. This is already resulting in the slowdown of capital investment in the agricultural sector which would eventually trickle to naught and may trigger capital outflow from this sector. Externally, the price of agriculture commodities will continue to be exposed to swings and shifts in demand due to the interplay of substitutionary and complementary products. Supply and output of commodities as from time immemorial continue to be subject to the vagaries of climate, pestilence and seasonality. Trade barriers and protectionist agricultural policies will continue to shield agriculture from reforms in many countries, distorting the free market and institutionalize market defects and inefficiencies. Conclusion Agriculture occupies a dominant position in the Malaysian economy. Since the era of British colonial government, agriculture has assumed the important role of being the backbone and driving force behind the strength and success of the Malaysian economy. Agricultural exports such as rubber, oil palm and cocoa are a major source of export earnings and have significantly contributed to the development of the agricultural sector and the economy as a whole. Agriculture is also an important sector in economy of Malaysia because of its food contributions, particularly rice for home consumption. Moreover, the sector continues to be the largest source of employment in the country. Today, marketing, processing, distribution of agricultural products etc. are all accepted as a part of modern agriculture. In the course of economic development, agriculture employs majority of people. This means raising the level of the national income and standard of living of the common man. The rapid rate of gro wth in agriculture sector gives progressive outlook and further motivation for development. As a result, it helps to create proper atmosphere for general economic development of the economy. Thus, economic development depends on the rate at which agriculture grows. References Zulkifly Hj. Mustapha. 1988. Evolution of Malaysian Agricultural Development. In Malaysian Agricultural Policy: Issues and Directions. ed. Fatimah Mohd. Arshad et Al. Serdang Idris Jala. (2013, September 30). The Star, Business News: Agriculture is a sector that is still important to Malaysia’s economy. Azmi Shahrin Bin Abdul Rahim, 2005. A critical assessment the contribution of agriculture sector in the growth of the Malaysin economy.

Effects of globalization in singapore

Effects of globalization in singapore For more than 40 years, Singapore has enjoyed economic success, allowing Singaporeans to have a raised quality of life and standard of living. However, due to this increase in standard of living, this has caused income disparity (Yeoh, 2007/2008) among Singaporeans, between the low income families and the high income families. This widening income gap was due to the side effects of the Singapore governments pro growth policies (Yeoh, 2007/2008). However, the income gap was pushed even more by globalisation and the recessions from December 2007 until now, 2011. This caused the depression the unskilled workers salaries while inflating the skilled workers salaries. Thus, this caused the widening income gap in Singapore. Due to the widening income gap, Singaporeans have become more aware of the differences in income among Singaporeans, which causes them to be more â€Å"class-conscious†. If the widening income gap continues to widen would cause unthinkable economic, social and political impacts in Singapore. The main challenge policy makers face today is to seek a balance between income disparity reduction, economic growth and budget feasibility (Yeoh, 2007/2008). The policies are mainly to help the lower income families with the proper opportunities in order for them to move up the social and financial ladder. Policy makers should be aware that an overly egalitarian approach towards reducing income inequality is suboptimal. On the whole, the government needs to face the issue of widening income gap with an emphatic heart and mind, thinking for the needs of the people. BACKGROUND Singapore, which used to be a small fishing village, has done well in the last decades of the twentieth century to rise from an entreport centre to be a global city and a developed nation. It had resolved most issues pertaining to underdevelopment and had developed the needed institutions to prepare its survival in the twenty-first century. From 2000-2008, these years mark the period in which globalization as a process affected all parts of the world. These years were significant politically, socially and economically for Singapore. (Amaldas, 2009) One part in this paper that we would like to focus on is the issue of the widening income gap in Singapore. In this paper, we would be discussing about how the widening income gap is linked to globalisation and what measures are used to solve it, as well as the impacts and reasons for the manifestation of widening income gap. Globalization is defined as the free movements of goods, services and capital across borders. It is a contentious process by which the western market economies have effectively spread across the globe. Although it does not constitute a new phenomenon, it is viewed as an inexorable integration of markets, nations and technologies to a degree never witnessed before in a way that is enabling individuals, and corporations to reach around the world further, faster, deeper and more economically than ever before (Heshmati, 2003). Globalization causes rapid changes in trade relations, financial flows, and mobility of labour across the world. The development has brought the economies of developed countries closer together and more strongly interrelated. However, there is a large heterogeneity in the degree of globalization process over time and across countries and regions. This heterogeneity causes disparity in development and urges the need for research to find sources of disparity and quantification of its magnitude and impacts (Heshmati, 2003). Many scholars regard globalization as a force which will inevitably bring about the decline (Held, 1995), erosion (Hall, 1991) or the end (Ohmae, 1995) of the nation-state. As the argument goes, the process of globalization in its various manifestations is increasingly undermining the territorial boundedness, sovereignty and traditional role of the existing system of the modern nation-state. With other major countries such as America and India facing the problem of the widening income gap as their countries continue to evolve, one major aim of this paper is to understand the risks of the widening income gap if Singapore ever falls into the trap with the advancement of our country. WIDENING INCOME GAP Economic inequality (or wealth and income differences) comprises all disparities in the distribution of economic assets and income. Widening income gap refers to the differences of income received by the employees and is a global phenomenon caused by globalisation. Due to globalisation, the elite and higher-educated are coveted for their expertise, hence the demand for these professionals causes their salary to be raised higher. Those at the lower-income group however suffer from globalisation as the jobs available are scarce; hence, their salaries are pushed lower because many people are fighting for the same job. This is called widening income gap. The Gini coefficient is a standard measure of income inequality. It is given as a means of multiple observations for a given country in a given year. The multiplicity of observations is due to the different definitions of income, area coverage and units of measurement (Heshmati, 2003). The Gini Coefficient ranges between 0, where there is no concentration which is perfect equality, and 1 where there is total concentration which is perfect inequality (Slack and Rodrigue, 1998). Absolute poverty is where people do not have sufficient access to food, shelter, and clothing to provide a basic level of physical and mental development (Duncan, 2000). National Household Income In Singapore, the household income from work in 2010 increased due to strong economic growth. Median monthly household income from work in 2010 recovered to above the level before the economic downturn in 2009. Among resident households, median monthly income from work increased by 3.1 per cent from $4,850 in 2009 to $5,000 in 2010 (Table 1); in real terms, the increase was 0.3 per cent (Department of Statistics Singapore, 2010). Table 1 Monthly Household Income from Work Among Resident Households Year Median Household Income Average Household Income Dollar Nominal Change (%) Real Change (%) Dollar Nominal Change (%) Real Change (%) 2000 3,638 3.9 2.6 4,988 5.7 4.2 2001 3,860 6.1 5.0 5,338 7.0 5.9 2002 3,628 -6.0 -5.6 5,069 -5.0 -4.7 2003 3,601 -0.7 -1.2 5,075 0.1 -0.4 2004 3,689 2.4 0.8 5,194 2.3 0.7 2005 3,860 4.6 4.1 5,447 4.9 4.4 2006 4,000 3.6 2.6 5,715 4.9 3.9 2007 4,375 9.4 7.1 6,295 10.1 7.9 2008 4,946 13.1 6.0 7,086 12.6 5.6 2009 4,850 -1.9 -2.5 6,826 -3.7 -4.2 2010 5,000 3.1 0.3 7,214 5.7 2.8 Source: Department of Statistics Singapore (2011) â€Å"Key Household Income Trends, 2010† Among employedhousehold, with at least one working person, median monthly income from work increased by 5.7 per cent in nominal terms (from $5,400 in 2009 to $5,700 in 2010) and 2.8 per cent in real terms (Table 2). Table 2 Monthly Household Income from Work Among Employed Households Year Median Household Income Average Household Income Dollar Nominal Change (%) Real Change (%) Dollar Nominal Change (%) Real Change (%) 2000 4,000 5.3 3.9 5,456 7.0 5.6 2001 4,141 3.5 2.5 5,736 5.1 4.1 2002 4,038 -2.5 -2.1 5,572 -2.9 -2.5 2003 4,050 0.3 -0.2 5,618 0.8 0.3 2004 4,106 1.4 -0.3 5,761 2.5 0.9 2005 4,345 5.8 5.3 6,052 5.1 4.6 2006 4,495 3.5 2.5 6,280 3.8 2.8 2007 4,883 8.6 6.4 6,889 9.7 7.4 2008 5,475 12.1 5.2 7,752 12.5 5.5 2009 5,398 -1.4 -2.0 7,549 -2.6 -3.2 2010 5,704 5.7 2.8 8,058 6.7 3.8 Source: Department of Statistics Singapore (2011) â€Å"Key Household Income Trends, 2010† Overall, the monthly household income has increased in Singapore in the year 2010. However, there are differences in the increase between the lower-income families and the higher-income families which cause the widening income gap in Singapore. Gini Coefficient The income gap between household incomes from work per household member among employed households increased marginally in 2010. The Gini coefficient, increased slightly in 2010. In particular, including employer CPF contributions5, the Gini coefficient was 0.472 in 2010, compared to 0.471 in 2009 (Figure 1). Adjusting in addition for government benefits and taxes, the Gini coefficient was 0.452 in 2010 (Yeoh, 2007/2008). Source: Department of Statistics Singapore (2011) â€Å"Key Household Income Trends, 2010† Figure 2 below shows the Gini coefficient5 trend for Singapore from 1974 to 2006. Figure 2. Singapore Gini Coefficient from 1974 2007 Data from 2000 2007:Department of Statistics Singapore (2008)Source: Data from 1975 1999: Mukhopadhaya, Pundarik (2001) LINK BETWEEN GLOBALISATION AND WIDENING INCOME GAP What role has globalisation played in changes in income inequality? Most research on this issue has been concentrated in recent years on the changes in income inequality in the high-income countries. Discussion has mainly focussed on whether the widening wage gap is due to increased imports of labour intensive goods from developing countries (pushing down demand for low-wage labour) or technological change—in particular, improvements in information technology (increasing demand for high-skilled labour relative to demand for low-skilled labour). But besides these two factors, other factors thought to contribute are: slower growth in the supply of skilled workers (pushing up their wages relative to the wages of less-skilled workers); increased workforce participation of women and increased immigration of low skilled workers (pushing down wages of less-skilled labour); and the waning powers of trade unions (for a survey of the literature, see Tyers, Duncan and Martin 1999). Economics research generally gives more support to improvements in technology as being most important, and much more important than increased trade with developing countries (see Tyers, Duncan, and Martin 1999). Low and middle income countries account for about 80 per cent of the worlds industrial workforce and manufactures comprise about 60 per cent of their exports (up from 20 per cent in the 1960s). In line with predictions from economic theory, Williamson (1997) argues that the increased flow of labour-intensive goods and unskilled labour from developing countries to high-income countries in the latter half of the 20th Century reduced demand for lowskilled labour in the high-income countries, increasing income inequality in these countries. He argues that this is consistent with the Heckscher-Ohlin trade model that says that trade will tend to equalise factor payments, leading to greater cross-country income equality for low-skilled labour, increasing income inequality in the high-income countries, and increasing income equality in the lower-income countries. More importantly, he notes that in the earlier golden period of globalisation (1870 to 1913), the growing income inequality in the then higher income countries led to the reversal of globalisation (including restrictions on immigration) and the devastating 1921-38 period. REASONS FOR WIDENING INCOME GAP The underlying characteristic for the recent growing disparity is the difference in income growth for the bottom 20% and top 20% households (Yeoh, 2007/2008). Table 3 illustrates the different income growth rates for each income group since 2000. Table 3. Annual Income Growth for Various Income Groups Income Groups Real Annual Change in Average Monthly Household Income per Household Member (%) 2000 2005 2005 2006 2006 2007 Bottom 10% 2.4 6.6 3.3 Bottom 11 20% 0.5 5.2 3.6 Top 11 20% 3.7 5.7 6.0 Top 10% 4.3 8.0 11.1 Source: Department of Statistics Singapore (2008). Key Household Income Trends 2007. Generally, the bottom 20% experienced slower growth rates than the top 20% of income earners during 2000 to 2007. Moreover, the ratio of average income of the top 20% to lowest 20%8 worsened from 9.99 in 2000 to 12.90 in 2007. Hence, these ratios show a widening income disparity between top and bottom income earners. Economists have also noted an understated stagnation of income amongst the middle class households that form the middle 60% of the income ladder. However, more employed households have moved up the social and financial ladder in 2007 as compared to 2006 (Yeoh, 2007/2008). There are differences between the different racial groups in Singapore as well. Table 4 below shows the income changes for each racial group in 2000 and 2005. Table 4. Income of the Major Racial Groups in Singapore Chinese Malays Indians Others 2000 2005 2000 2005 2000 2005 2000 2005 Average Monthly Household Income from Work ($) 5220 5630 3150 3440 4560 5170 7250 7250 Change (%) 7.9% 9.2% 13.4% 17.2% Source: Department of Statistics Singapore (2006) â€Å"General Household Survey 2005 Statistical Release 2: Transport,Overseas Travel, Housing and Household Characteristics†. As depicted in Table 4, the wage difference between the Malays and other races remain very alarming. From 2000 to 2005, among all the racial groups in Singapore, Malays had the lowest increase in income as compared to other races. With regard to income disparity between occupations, skilled professionals continue to earn more than unskilled workers, and have extended their lead further since 1996. Figure 3 below shows the ratio of the respective occupations wages to the unskilled occupations wages. Hence, this relative stagnation of wage growth amongst the unskilled would certainly have an effect on the widening income disparity between the two ends of the occupational spectrum as shown in Figure 3. IMPACTS OF WIDENING INCOME GAP Singaporeans are mainly concerned about the inflation which has raised about 3%-4% this year (Channelnews 17 February 2011) and skyrocketed housing prices in Singapore. Thus, many Singaporeans are unable to retire as they do not have the financial stability to sustain the high cost of living without being employed. According to the survey carried out by The Straits Times, this is the income gap situation: The average incomes of the top 20 per cent of households rose by 53 per cent from $12,091 to $18,472 from 1997/98 to 2007/08. By comparison, the average incomes of the poorest 20 per cent of households were kept down as a result of globalization, competition from emerging economies and new technology. They fell by 2.7 per cent over the same period from $1,309 to $1,274. The living conditions of the lower income households in Singapore will cause them to lose enthusiasm and motivation for work, thus the productivity will decrease and in turn lead to stagnation of the economy. In the short run, the large proportion of the poor and their lower marginal propensity to consume will lead to a lower injection multiplier and possible slower growth. In the long run, if the widening income gap in Singapore is done put to a stop, many people will fall into the poverty trap. As George Orwell laments, â€Å"Being poor isnt about not having anything today, it is about knowing youll have nothing tomorrow.† Inequality and injustice in the society will also make people gradually lose national cohesion, and hence menace to act as a centrifugal force that tears the social fabric of our nation apart. The long-term stability of Singapores society will be severely disturbed. The widening income gap is inclined to inflict social cohesion and undermine trust in the society. At the same time, it will impair social capital thus compromise the stability of the society. Uslaner Brown found a correlation between the amount of trust and the amount of income equality. It can be explained that people can gain sense of security from high income equality therefore they are expected to trust each other. A related study by Putnam also demonstrated that economic equality tends to lead to a high level of social capital (or â€Å"connections among individuals†). People will show a tendency of engaging others and hence strong social connectedness and civic engagement can be forged. (Uslaner and Brown, 2002). In view of the squeeze on income of middle class, the incessant wide income gap will also produce more ‘quitters which is a term popularized by Singapores then Prime Minister Mr. Goh Chok Tong. This word indicates that the rich nowadays are more globally-connected but less locally-disengaged (Goodman, 2003).The well-heeled are more likely to show off their conspicuous wealth and this pushes the government to loosen its tightfisted stance on welfare in the national budget as it tries to defuse criticism of its policies which burdened the plight of the common people. On the other hand, the enduring income disparity will impel the middle class to seek greener pastures overseas thus choose to emigrate. In the long run, the economic development and competitiveness of Singapore will be suppressed due to the resultant brain-drain. According to Yeoh â€Å"A new social compact for Singapore†, rising income equality will impair the governments credibility in imposing policies as well such as raising income tax rates. It is significant that we have already seen public outcry and debate on such policies. The implicit social contract between the people and the government supports Singapores remarkable economic success. The widening income gap and the perception that a large proportion of the population has little access to the growth process and no share in the prosperity despite their ability and willingness to work has slowly but surely eroded this social contract. The ramifications of such a perception is indeed as the policymakers noted: â€Å"society would learn that economic growth would not always be the answer, and would begin to question and debate priorities and trade-offs†¦the policy issues that need to be re-examined are largely social and political.† This in turn translates into the shattering of the implicit social contract the ruling party has with its electorate, making it increasingly hard for the government to execute unpopular policies. Already we are hearing a chorus of dissent over recent policy decisions such as the ministerial wage hikes or the Goods and Service Tax increase, as well as the inextinguishable calls for increasing political openness, freedom to stage outdoor protests, among others. The present-day influence of rising income inequality will create a class-conscious Singapore. The widening income gap and the wage stagnation threaten to destabilize the society as well as weaken the economy. Rising income disparity is also likely to arouse the social discontentment, reduce the credibility of the government as well as increase emigration of middle class. POLICIES IMPLEMENTED Growing the Economy and Maximising Opportunities GPC Chair for Community Development, Youth and Sports Seah Kian Peng said: One part is to keep the economy running and booming like what it is now, just like what we have experienced last year. What it means is that unemployment is very low and we know that the majority of people are earning a salary and as the economy booms, the government will be in a position to also, in any budget, consider how it could possibly distribute and share the growth with as many Singaporeans as possible. We have to focus on growth and embrace globalisation, but manage its downsides and make it work for everyone. We will do this by maximising opportunities for all Singaporeans — the opportunities to get a good education, to work or grow a business, to retrain yourself and upgrade, and to own your own home. We must maximise opportunities for all, but we must also accept that doing so does not result in equal rewards for all. We should never reduce the incentive for Singaporeans to work and to make the most of their skills and talents, so as to get higher reward for themselves. That has to be the basis for our society, for how we keep our economy growing, and for how living standards of Singaporeans can rise over time.† In conclusion, our first priority to help the low-income group is to grow the economy. It is essential to attract new investments, grow new businesses, and create new and better paying jobs to replace old ones. As we grow the economy, it is important to ensure that no one is left behind and that all Singaporeans have the opportunity to succeed. Over the years, the Government has been helping the lower-income groups through various assistance measures. Since 2001, the Government has distributed more than $7.5 billion through the Progress Package, U-Save and SCC rebates, CPF top-ups and New Singapore Shares, to share budget surpluses with Singaporeans. In all these distributions, deliberate efforts were made to ensure that the lower-income groups get the greatest benefits. But going forward, we have to do more to help needy Singaporeans, and to do it more systematically. This is one of the challenges that the government faces and have to solve. Government Schemes Over the years, Singapore has introduced various schemes such as GST Credits, Senior Citizen Bonus and rebates on utilities, rental and service and conservancy charges. The GST (Goods Service Tax) is one of the ways to help the lower-income families affected by the widening age gap. A zero-rate Goods and Services Tax (GST) policy on household essentials is an effective measure to help lower-income families. Finance Minister Tharman Shanmugaratnam, said: The bulk of the GST is collected from the top 40 per cent of the population and foreigners †¦ and we use the benefit to help those at the lower end. So if you talk about exempting food or any other essentials from GST, youre really taking away a source of revenue were getting mainly from those at the upper end and foreigners and reducing our ability to help those at the lower end. He added that lower-income Singaporeans get more Government benefits each year than the amount they pay in GST. The government has also revamped their policies and more citizens are now able to receive payouts and rebates according to their income. On average, the various government schemes added $1,110 per household member to resident households in 2010. The various government schemes gave a larger boost to those staying in smaller housing types. Resident households in HDB 1- and 2-room flats received an average of $2,650 per household member while resident households in HDB 3-room flats received an average of $1,480 per household member. This was higher than the $530 per household member for households in private properties. With the subsidies, it ensures that the lower-income group will be less burdened with debts for housing and other utilities. POLICIES THAT SHOULD BE IMPLEMENTED Singapore needs policies which can help the needy, disadvantaged and poor, in order to increase their income and reduce the widening income gap in Singapore. However, at the same time the government must not compromise economic growth and funding sustainability. Basically, Singapore has to find a perfect balance between income equality, strong economic growth and prudence in finances, where income disparity can be reduced without affecting growth prospects and budget discipline (Yeoh, 2007/2008). Expanding the Work fare of Older Workers The Workfare Income Supplement scheme (WIS) seems to be the policy that is able to have the balance and is able to cover the middle ground. The scheme is laudable even though a large amount of money is involved, in the form of quantum of pay. This policy reduces the income disparity by raising income levels of the lower income workers, and encourages long term employment (Yeoh, 2007/2008). It is argued that the current net payout of around $80 to $100 per month is insufficient for workers to accumulate surplus for further training and education (Yeoh Kam Leong, 2007). To address this problem, the WIS scheme also provides opportunities for worker

Psychology in Julius Caesar Essay -- Psychology Analysis

The Psychological Approach analyzes characters based on Freud’s conception of the human psyche-- id, ego, superego-- as well as relationships and conflicts within the story. In Julius Caesar, Shakespeare develops Marc Antony and Brutus using these two methods; Marc Antony convinces the town people to revolt by controlling his id and ego, while Brutus is developed as honorable through his relationship with Cassius, his reputation, his progression from being manipulated to standing up for himself, and the choices he makes in difficult positions, such as whether or not to kill Caesar After Marc Antony’s speech, he convinces the town people to revolt against the conspirators by controlling ego and not letting his id overrun him. â€Å"The id is the primitive urge to seek pleasure without concern for boundaries† (Losh). The conspirators killed Caesar, who Antony loved very much. It is possible that his id compelled him to want revenge on the conspirators. The ego, which deals with the part of the mind interacting with the environment and people, would make Antony rationalize and realize that he couldn’t kill the conspirators, but he could get other people to, like the mob. Knowing this, Antony could have intentionally convinced the mob to revolt against the conspirators, but he couldn’t just come out and tell them to. He had to make them want to kill the conspirators, and think that it was their idea by addressing their ids. If Antony got the mob on his side about Caesar, they would feel betrayed by the conspirators and their ids would make them want immediate revenge. By convincing the townspeople that Caesar was a great man and leader, and that he didn’t deserve being killed for the reasons that the conspirators gave, Antony got the mob... ...very noble Roman bears of you† (II, i, LINEE!!!!). It is possible that he wants to maintain this reputation so that he is well liked, and can have some control over the people. Works Cited Heller, Agnes. "Julius Caesar." The Time Is Out of Joint: Shakespeare as Philosopher of History. Lanham, Md.: Rowman & Littlefield Publishers, 2002. 311-335. Rpt. in Shakespearean Criticism. Vol. 115. Detroit: Gale, 2009. Literature Resource Center. Web. 16 Dec. 2010. Losh, Elizabeth. "Sigmund Freud." Twentieth-Century European Cultural Theorists: Second Series. Ed. Paul Hansom. Detroit: Gale, 2004. Dictionary of Literary Biography Vol. 296. Literature Resource Center. Web. 3 Jan. 2011. O’Dair, Sharon. "Social role and the making of identity in Julius Caesar." Studies in English Literature, 1500-1900 33.2 (1993): 289+. Literature Resource Center. Web. 7 Dec 2010.

Frankenstein: Less Human Than His Creation Essay -- essays research pa

There are obvious similarities between Victor and his creation; each is abandoned, isolated, and both start out with good intentions. However, Victor’s ego in his search for god-like capabilities overpowers his humanity. The creature is nothing but benevolent until society shuns him as an outcast on account of his deformities. The creature is more humane than his own creator because his wicked deeds are committed in response to society’s corruption; while Frankenstein’s evil work stems only from his own greed.   Ã‚  Ã‚  Ã‚  Ã‚  Victor Frankenstein and his creation are very much alike. Both are abandoned by their creators at a young age; Frankenstein is left without his mother after her death, the creature is rejected by Frankenstein's abandonment. Frankenstein and the monster are also similar in that they are isolated and outcasts of society. Frankenstein is hypothetically an outcast when he consumes himself in work and is isolated when the creature kills those he loves, and the creature is obviously isolated as a hideous outcast of society. Victor Frankenstein starts out with good intentions; he is merely seeking to gain knowledge of natural philosophy. Soon, his greed for god-like power overcomes him and he becomes consumed with the idea of creating life, â€Å"Summer months passed while I was thus engaged, heart and soul, in one pursuit† (32). The creature also starts out with kindness, he tells his creator, â€Å"Believe me, Frankenstein: I was benevolent; my soul glowed with love and humanity: but am I not alone, miserably alone?† (66). However, after society refuses to accept him based on personal appearance, the creature becomes angry.   Ã‚  Ã‚  Ã‚  Ã‚  The creature has an overwhelming capacity to love as can be seen in his admiration for the peasants, â€Å"[The creature’s] thoughts now became more active, and [he] longed to discover the motives and feelings of these lovely creatures... [he] thought (foolish wretch!) that it might be in [his] power to restore happiness to these deserving people† (77). The creature’s display of care and compassion for the cottagers is more humane than most humans are; he retains the innocence and naive characteristics of a child. The creature’s grasp of human-like qualities allows the reader to possess sympathy for his situation; he is a victim and Frankenstein is to blame. A true monster would, by definiti... ...imself] which nothing could extinguish† (57). The creature is a portrayal of Eve’s role in Paradise Lost. The creature is persuaded by the behavior of others to take his fall into wickedness, much like Eve was pushed by the serpent to eat the forbidden fruit. Shelley blatantly makes this comparison when Frankenstein gets a first glance of himself in a scene that mirrors Eve’s first look at herself. The creature tells Victor, â€Å"I [was] terrified when I viewed myself in a transparent pool! At first I stared back, unable to believe that it was indeed I who was reflected in the mirror; and when I became fully convinced that I was in reality the monster that I am, I was filled with the bitterest sensations of despondence and mortification† (108).   Ã‚  Ã‚  Ã‚  Ã‚  Despite their similarities, Victor and his creation differ greatly. Only after rejection does the creature turn to evil; while Victor acts out of greed. Victor’s self-centered behavior effects everyone in the novel; he hurts his family’s feelings, he lets those that he loves die, and abandons his own creation. Even the creature couldn’t have committed such horrible acts before the effects of society’s rejection.

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Customer ‘s satisfaction can be damaged. The deputation is affected ba Helping manager choose the appropriate number of inventory that need to invest in he future to avoid shortage inventory of surplus inventory. EOQ † 3. The affection of some factors to Working Capital . Capital Structure : . Arranging capital structure do not fit imbalance between current assets and fixed assets leads to an excess or deficiency of assets that will reduce the efficiency of capital use . Business costs : the direct influence factor to the efficient use of capital .Costs increase as prices of goods and services increased by reducing consumption leads to reduced efficiency of capital. As a result , businesses are striving to reduce costs , ower production costs , increase competitiveness of goods on the market , the more rapid consumption , the rotation of the capital increase , contributing to improve business performance of enterprises . The business relationships : the relationships repr esent two perspectives on the relationship between enterprises and between enterprises and customers to suppliers .This is important because it affects the pace of production , distribution capabilities , and consumption of goods especially directly affected the profitability of the business The raising money also affects the efficiency of capital. Raising capital is to use the funds , so the demand for capital is, mobilization of capital to businesses that do not occur to excess or lack of funds . The funding will reasonably ensure the efficient use of capital is higher. On the other hand the use of capital is influenced by interest rates and time to mobilize funding .Selecting and finding appropriate funding sources are direct factors determining efficiency of business capital business . Mechanisms and management of state policies : change mechanisms and policies of the state will cause difficulties for the effective use of capital in the business. f enterprises to quickly grasp a nd adapt to change, it will stand firm in the market and to develop conditions And Some Factors that related to Current Asset such as : CASH : Cash is a type of asset that don't bring interest rate ( or very low interest rate if it is not used ) .So that should be managed to minimize the amount of cash to keep. However, keep cash in the business as well as issues needed to ensure daily business transactions, to offset the bank of banks providing services to businesses, to meet projected demand in case of changes

Real ‘Angle of Mercy’ During the Crimean War Essay

Do you agree with the view that Mary Seacole , and not Florence Nightingale , was the real ‘angle of mercy’ during the Crimean War? During the Crimean war, both Mary Seacole and Florence Nightingale showed aspects of being angels. The word ‘angel’ suggests a heavenly person who is attentive to the soldiers’ needs, and ‘mercy’ means showing kindness and forgiveness, and the ‘angel of mercy’ basically suggests a compassionated and kind-hearted person who empathizes and helps soldiers in need. Although Nightingale had showed the aspects of being an â€Å"angel of mercy†, the amount of work and commitment Seacole had put in outweighs Nightingale’s; therefore I believe Mary Seacole deserves the title of the real â€Å"angel of mercy†. Florence Nightingale actions mainly focused on the hygiene and cleanliness, and the organization of the hospital since the majority of the death was due to neglect of sanitation. Source U is a lithograph of one of the wards in the Barrack Hospital in Scutari, where Nightingale was in charge of. It showed the hospital was clearly clean and organized with windows opened, clean floor, wide space between organized beds, suggesting that the soldiers’ conditions were getting better. Nightingale was also very hardworking, because even at night she used to walk around the hospital carrying a lamp to check on the patients, hence she is also known as the â€Å"The Lady with the Lamp† throughout the history, which shows her commitment in her work as a nurse. She certainly had â€Å"formidable gifts of organization† as it says on source V, and her involvement in the war had also made a huge impact on the death rate, which reduced from 42 per 1000 to 2 per 1000 in June 1855. Despite the fall of the death, 5000 men died in her hospital due to poor hygiene in the winter of 1854-1855 before the sanitary commission arrived, yet she refused to acknowledged that it was from the lack of sanitation and said the men were â€Å"half dead† when they were brought in, because at that time she didn’t know that the hospital was built on top of a cesspool. On top of that, it was revealed in the letter written by Lord Palmerston to Lord Panmore that the sani tary arrangement was actually done by Dr. Sutherland and Dr. Grainger, and still Nightingale took all the credit. Even though, Nightingale has made positive impacts on the course of the war and paved a way for improving in the nursing field, her actions aren’t enough to fit the image of an â€Å"angel of mercy†, since she was a harsh, cold woman who criticized her own nurses and only checked the patients from a distance, completely neglecting the importance of consoling and communicating with the soldiers, as it is also shown on the source U – on the lithograph Nightingale is seen leading the wounded; however, she keeps a distance inbetween. This shows that Nightingale is recognized through the image of the clean organized ward, rather than a kind-hearted and compassionated nurse treating the patients, and the ‘angel of mercy’ ought to provide both physical and mental needs to the soldier as the title says, since they will not only suffer physical attacks but will also be mentally affected by the war, and Nightingale failed to provide mental treatment. On the other hand, Mary Seacole’s engagements fit the image of the â€Å"angel of mercy† and source V praises Seacole and her involvement during the war, despite being rejected by the British authorities due to her race and background. She went to Crimea by herself to help the wounded, whereas Nightingale who went there in request of the Minister of War, Sidney Herbert, to go to help in the war. Seacole had no hospital to take care of the wounded, but she built her own â€Å"British Hotel† in Balacava by her money, unlike the government funded â€Å"admirable hospital† in Scutari, which took days of boat trip from the battlefield. In source v, it also tells how Seacole was â€Å"in the very front line† treating the wounded, which was truly a heroic act because during that time females were seen weak and delicate, let alone belong on the battlefield, but â€Å"she showed courage under fire†, â€Å"unlike some officers† and risked her ow n life to save others. This also links to the idea of ‘angel’ because like a guardian angel she was protecting them, and she may also have appeared physically like an angel to some of the soldiers as she drifted through the battlefields healing people. This shows the bravery and effort of Seacole puts in helping the soldiers, and the fact that she treated the wounded at the scene might have contributed with the drop of death-rate. Her â€Å"British Hotel† was also an important refuge to the soldiers, which again comes to the idea ‘mercy’, as it says in source V that the soldiers felt more at ease with â€Å"Mother Seacole† than in the hospital, because the hotel was more homelike. Unlike Nightingale, briefly checking the patient and ordering the nurses, Seacole was more socializing and hands on approach to the individuals, therefore she was closer with the soldiers since she ran the hotel by herself and did everything by herself, on the other hand Nightingale did ver y little nursing and more works on the running and organizing of the hospital, which shows that she was more of an administrator than a nurse. Seacole approach of treating wounded and â€Å"patients suffering from cholera and dysentery† was more effective than Nightingale’s method, showing that Seacole was more skilled and had more knowledge on medicine. Source V points out that, Seacole was certainly kind, caring, empathizing like an ‘angel of mercy’, because she was the figure of a ‘mother’ to the soldiers and â€Å"attentive to their practical needs†. She nurtured them, like a mother would for their children, providing physical and mental when they are away from home and family, and also providing them with pocket handkerchief for the winter. She was admired and loved by the soldiers and that is how she received the name â€Å"Mother Seacole†, and the soldiers also arranged an event after the war to thank her. However, media neglected Seacole’s achievement because of her race and attributed the title of â€Å"angel of mercy† to Nightingale. But there are evidences which prove that the hospitality that Seacole provided was better and more effective than Nightingale’s. Seacole not only treated the wounded because she was a nurse, but that helping soldiers was her passion; the strong, brave, determine, motherly characteristic of Seacole allowed her to provide the best for the soldiers during the war. She did everything from scratch on her own, whilst Nightingale was just appointed to run the hospital; on top of that Seacole put in more effort in taking care of the soldiers and was more compassionated than Nightingale. â€Å"Mary Seacole was on hand for the troops in the long months when nothing much appeared to be happening† just like a ‘mother’, which is figuratively close to an ‘angel’, showing that she was indeed the real â€Å"angel o f mercy†.