Poverty and Urbanization in Developing Nations

Poverty and Urbanization in Developing Nations Absolute poverty can be defined as a severe deprivation of basic human needs, such as food, safe drinking water, clothing, and shelter. Someone who is considered to be in absolute poverty has the minimum level of income to be able to barely satisfy the needs of basic human survival. A good example of someone living in absolute poverty is someone living in a makeshift community such as a slum or shanty-town. Relative poverty is being below some relative poverty threshold, such as a "poverty line." An example of relative poverty is when poverty is defined as households who earn less than 45% of the average income. As far as relative poverty goes, if everyone's income in an economy increases, but the income distribution stays the same, relative poverty will also stay the same.Economic growth can lead to reduction of poverty, and reduction of poverty can lead to economic growth.UrbanisationThey are complementary to each other. For example, a growing nation will be able to increase produc tion of the poor, which, in-turn can create more equitable distribution for the nation. This also works the other way around; a more equitable distribution can lead to increased production of the poor, which can lead to higher growth. Raising the income of the poor can enhance their ability to produce (Access to credit, education, etc). Raising the income of the poor also widens the domestic market and may lead to the diversification of the economy. A wider participation in the economy enhances economic growth and developmentThe rapid rate of urbanization in the developing countries is a problem. In an urbanizing nation, urban populations begin to grow very rapidly. There is natural growth and rural-urban migration. Rural-urban migration occurs because people want to move to the urban cities for more jobs than a...

Phantom of the Paradise as a Postmodern Horror Essay

Phantom of the Paradise as a Postmodern Horror - Essay Example The paper will lucidly look into some of the postmodernism aspect of films using the movie as the only reference. It will explain how the movie approaches traditional ideas in non-traditional ways. Some of the common features of postmodernism that have been portrayed in this movie are pastiche, metafiction, paranoia, maximalism, temporal distortion, and techno-culture and hyper-reality. To begin with, the character attire or dressing in the movie is quite different from what was there earlier on. The main character of the film has put on a metallic gown. Others, especially the women, in most of these movies we watch have their own dresses. Most of the dresses worn by women characters are those that that have a close relationship to that of the current American dressing. This is a clear implication that the existing American dressing codes came about as a result of such places. Moreover, the characters themselves. The metallic robe symbolically worn by Roderick Heath represents obedie nce to the law, as well as, protection of oneself. The different dressing models have led to the upcoming of different styles of making dressings in order to meet everybody’s expectations and desires. The current dressing system probably has its origin from the movie. The dressing is also symbolic on the counterculture nature of postmodern horror movies. The other aspect of the movie that brings to the light of the readers is about heroism in most horror movies. It is mainly found among men; however, hero is a woman. Heroes, in horror movies normally act as the main characters of the movies displaying their strengths of defeating a supernatural or extremely energetic character (antagonist). Using various expressive cinema techniques, the director has managed to show certain repeating devices such as scenes and most of the time the entire movie. The cinema techniques originated or evolved due to the issue of postmodernism. Postmodernism brought with itself certain learning, as well as, artistic techniques that affected the entire world of artists, especially on the horror movies (Foster 41). Another technique related to the above is the use of temporal distortion. The movie’s plot is not well organized with certain events overlapping. For instance, the appearance of Roderick Heath at the washroom where one of the music performers is taking a shower is a symbol intentional improper arrangement of the plot. Pastiche is another aspect found in films that have been affected by postmodernism. It refers to the imitation of certain or several works by other people or other genres of literature. Most of the events or characters in the movie have been imitated from other works of arts. The idea of Winslow becoming a terrorist and a killer of Swans is an imitation of certain works of history that have been saved in different historical materials. For instance, being a killer of another person has another meaning altogether and can be compared to past war ex periences such as world war II. Moreover, the image or the way the killing takes place is too simple and unbelievable to some extent. He stabbed him to death using a break of a bird mask from one of the dancers. This is a clear indication of the effects that technology has (Grant 76). Therefore, postmodernism is regarded as the epitome of all the recordings that are done seven today by highly respected printing and publishing houses. Postmodernism is the source of high technology that affects the reproduction of

Transit Oriented Development, Cheltenham Racecourse Essay

Transit Oriented Development, Cheltenham Racecourse - Essay Example A new station will replace the old one and the location will be 200 meters from the present location moving south east. The new station will cater to the racecourse land which at present is not in use. The empty racecourse will be converted into a residential area of medium to high density population. The new station will be catering to a bigger area thus making the unused piece of land more alive. The proposal would include a children's playground and a pedestrian access to the train. Green space. with benches. that are arranged, would serve as the waiting area for the train commuters. A bicycle parking is also considered. Convenient stores are to be installed for a 24 hour services. A bus interchange coming from the Boulevards must be taken into consideration. Restrooms must be present in the area to encourage more commuters to use the station. Retail and commercial area would have a clear access from the Port road via Cheltenham Point and the residential area thereby, making it a friendly route thru a series of trees, landscape, walkable space with lushed trees that would serve as shade for walkers, thus bringing the site more closer and reachable making the area a site a more delightful place to live in. To meet the needs of the residents means providing them a safe and easily approachable setup thereby reducing their need to travel by cars. Creating a safe environment, is separating the rail line from the commercial and residential area with a screen of lined trees which will also reduce the noise that is generated by the traffic. There must be sufficient car parking and cycle parking near the retail area for the customers. In its zoning, the north side will be of mixed use and the south side is for retail, industrial and commercial purposes. There are major features of a Transit Oriented Development. These include the goals, and the mixed use of moderate to high density residential or commercial area, with close .proximity to public transport. It must be located with in 400 - 800 meter radius from the transit stop, and incorporates a design feature that encourages transit ridership, pedestrians and cyclists. In return, it would reduce car dependency, urban sprawl and traffic congestion that will assist in resolving global issues such as global warming and world oil depletion. Since Adelaide is one of the highest car dependent city in the world, transit oriented development will reduce the car dependency of the city. The reasons for car dependency is the lack efficient public transport and urban sprawl. Recent research had also shown that there is a strong link between the ease of use of public transport and the reduction of car dependency. Therefore, the low density suburbs and greater dispersion between employment reta il and service facilities make pedestrian accessibility and public transport less feasible. The key elements of TOD would be the mixed land use, pedestrian and cycling friendly design elements, and the convenience and efficiency of public transport system. These elements will contribute to the reduction of car usage. The methodology to be adopted in the implementation of TOD will be the reviewed literature on transit oriented development and the discussion of existing knowledge of the site. In the discussion of existing knowledge of the site, a review of current plans for site is necessary. Also included in the discussion is the examination of location of station with

Comparison between Japanese and Canadian Central Bank Policies Essay Example for Free

Comparison between Japanese and Canadian Central Bank Policies Essay The present paper is an investigation of the central bank policies in the countries of Japan and Canada. The paper takes into examination Bank of Japan and Bank of Canada and explores the grounds on which similarities and differences, if any, can be noted. This study is a comparison between the central banks’ policies of both the countries. The structure of the paper overviews the banking system of both the countries then furthers with individual analysis only to bring a major comparison at the second last section. The paper discusses findings in the conclusion section and makes recommendations for future policy making and development. 2- Overview This section overviews the past, present of the two banks in the concerned countries. This is in the attempt of creating a base of the later sections that would be dealing with specific policy issues of the two banks. 2.1- Japanese Banking System Today Japanese banking system finds its foundational roots in the aftermaths of World War II and is still continuing to grow support for the financial and industrial organizations of the country. Ever since World War II, Japanese banking system has gone through a number of changes and adaptations in corporate behavior as well as in the shaping of economic and regulatory policies. The period that can be said to be the golden time for the development of the Japanese banking system is regarded to be from the early 1950s to the early 1970s. This was the time when Japanese firms were growing rapidly and needed financial backing and monetary assessment to hold solid on the corporate grounds. However, from the 1970s, some changes were experienced by this banking system and that solid position was shaken. Of the major reasons, international paradigm change in financial transactions, corporate behavior with regard to investment of funds both internal and external, (firms started issuing securities rather than borrowing from banks) and other such reasons can be said to be the causes for the shaking of such a strong banking system as was in Japan once especial up to the early 1970s. Up to the present day, in the Japanese financial system, bank loans still possess the dominant place as the external financing source for the corporate sector which is non-financial – until 1986 the borrowings done from private institutions were recorded to be more than seventy percent. Other such common services as issuance of bonds, client monitoring, cost monitoring for different services, and so forth are also found to be in practice in the Japanese banking system. As such, there is much more that is needed to be examined in this country’s banking system that makes it notable on the international horizon (Aoki, Patrick, Sheard, pp. 1-15, 1994). 2.2 – Canadian Banking System The central banking system of Canada is also with its typical issues and challenges and up to the present time, these challenges have been multiplying for a number of factors. For example, nowhere in history general public was so much conscious about the evil unemployment and is now showing a hyper attitude which simply put the government and its financial institutions up front to the criticism. As such, the challenges are to make such financial policies as can help confront these challenges and move over them. Although the central bank of Canada did go through a long period of adjustments, say the depression period of the 1930s and later, Neufeld (1958) notes that â€Å"The constitutional adjustments experienced by the Bank of Canada were not as great as those of some older central banks† (p. 4). There are noteworthy reasons for this observation. For instance, beginning in the market, the bank was sponsored by the government leading to a stable position. However, political interventions and the bank’s responsibilities to cater for the needs or demands of the political party government continued to exist. The bank went through war crisis, financial instability, and social pressures like unemployment, all along its birth becoming an adult from an immature youth. At present the Bank is in a more favorable position to serve for the purposes of the government and perform its multifarious purposes with regard to financial activities along with the challenges. Some of the challenges that the bank faced during its stability periods were â€Å"serious foreign exchange outflows and phenomenal capital inflows† (212). The three areas, back in the stability phase, i.e., bond market, stock exchanges, and foreign exchange markets, have been tactfully established by the bank to create a positive picture of the overall economic situation of the country. Presently, the Bank holds a primary position in the decision making process of these three areas. Today, as a successful bank, the expert opinion about this bank is that it has dealt in the time of difficulty more with technique which was versatile than conservatism (213). The banking system of Canada is in a constant process of up gradation for better output; one such instance is the use of geographic information systems (GIS) technology â€Å"for a wide range of applications† (Macdonald, 2001, p. 419). Therefore, it is important to have a deep examination of the policies and practices of this bank so that the insider’s view can help others form such a system in any other country. 3-Policies of the Bank of Japan There are a number of policy issues that need to be revisited but for the limited space of the paper, only a few major are discussed. First of all, policies of the Bank of Japan (BOJ) have been central to critics’ attention due to a number of reasons but the most important is that it is one of the three G-3 central banks that have been reviewed in the past decades. The special features of BOJ are numerous. The most apparent, however, is its stance on deflation. Although BOJ was forced to take â€Å"a highly leveraged position† in local financial environment, it has taken no risk to fight the challenge. Moreover, it might have been possible for the bank to give in to a number of challenges that were created by deflation, however, the bank continued to survive with a number of different policies and measures (Cargill, 2005, p. 311). BOJ’s approach to monetary policy is pragmatic. The overall focus of this monetary policy is to maintain stability in price and encourage economic development. To meet these ends, the Bank monitors such areas as exchange rates, the aggregates of money, the indices of consumer and wholesale rates, growth of the GDP, production taking place in the industry, on-going interest rate in the market, prices of assets, and a number of other factors. It is also notable that in the functions of the Bank, international policy association and coordination can also play a role in the Bank’s domestic policy making. It is important to note that throughout its existence the BOJ has never come to stand as hardcore monetarist. Instead of this, the Bank has been treating the policy making of money more like a form of art. There are a number of methods by which the Bank lets its policies become public. The implementation of policies also takes a number of forms, for instance, â€Å"discoun t window† guides other financial institutions through loans etc. (Miller, 1996, pp. 1-47). By the late 1980s, BOJ held its position as positive in the eyes of the critics due to a number of policy making issues since WWII. Up to then the bank had gone through a number of remarkably shaky times coping up with such challenges as industrialization and establishment of it. By that time major characteristics of BOJ were its commitment to price stability and positive outcomes that came out of its policies. The most important point is that since its establishment, its legal position did not go through a change. Then it was the only bank rated as the most dependent of all the central banks in the world. Hence the notable feature is its keeping price stability instead of being a dependent bank. It also contradicted the widely acclaimed view that the more independent a central bank, the more price stability would be extended (Cargill, 2005, p. 311).   May 1989 is the period called the low point policy period of BOJ which continued through the year 2004. Here the bank increased the rate of discount in a number of steps that included historically low rate of 2.5 percent to 6.0 in the first stage of 1991. It was sternly a reaction against the asset inflation of the 1980s. However, the sharp recession and diminishing asset rate backed the bank to move for ease of policy in 1991 and the call and discount rates came down to 0.05 percent by the early 1995. Until it obtained the first â€Å"0 rate of interest† policy in 1999, the bank went on lowering call rate discount. It was drawn to a close in 2000. It came back to zero rate policy again in 2000 and moved on to a statistical easing down of policy in 2001 because declining economy alerted the authorities; moreover, it needed to adopt a different framework of operation for short-term rates on interest which had to be fundamentally zero (Cargill, 2005, p. 311). Although internationally, it is the reputation of the Bank of Japan that it has been moving too gradually in terms of the formation of monetary policy, fiscal policies, and resolving the issues present to it, there are important areas where this criticism becomes void. For example, Japan is often compared with the USA without considering the fact that former faced a great many more problems than the latter. Additionally, there are such instances as Japan’s tighter economic policy in 1996 that has much to discard this criticism (Browne, 2001, p. 3). 4- Policies of the Bank of Canada The Bank of Canada (BOC) is often criticized for influencing the level of price, jobs, and the development of its country’s economy. However, in the recent years the Bank has acquired a reputation that it is very concerned with keeping the inflation rate low so that it can make other ends meet for broader goals of economy. The Bank has also been charged with its acute concerns to inflation rate only and looking over such challenges as unemployment and economic growth. However, there are proponents of the Bank’s policies who come forward to defend the policies of the bank as they are presently in practice stating that if the focus of the Bank shift to the vice versa perspective, there would be no growth in economy and inflation rate will increase causing devaluation of the dollar. Vanderhart (2003) conducted an in-depth analysis of BOC’s response to inflation rate and other such concerns as unemployment, growth of economy, and other factors. The author found that there is insufficient evidence to suggest that the Bank of Canada’s response to economic data available on inflation is direct, â€Å"inflationary precursors as raw materials and intermediate goods prices are only significant when other important factors are omitted† (p. 357). But the author does not make it a remark that the Bank does not follow the procedures to pursue anti-inflationary policy. What the BOC has successfully achieved with regard to keeping control over inflation is that it responds to those factors which are other than â€Å"the releases of price level data†. Moreover, the recent policies also prompt to the suggestion that the Bank is taking measure to fight the challenge of unemployment. Two factors also came up to the author’s analysis that determined the actions and responses of the BOC. These are exchange rates and federal fund rate. The bottom line that the author draws is the there is little doubt about the health of the Canadian economy and the BOC is actively involved in the process of keeping this health stable. However, if some out-of-Canada issues are present, there may be some criticism on the Bank for example, its interconnection with the U.S. monetary policy because there are voices that might want a Canada which is independent of U.S. related economic policies (Vanderhart, 2003). If we review comparative analysis of Canadian economic growth with other countries (say Australia), there is sufficient evidence to mark the above observation that the Canadian economy has grown stronger than before and that such challenges as labor utilization has been carefully handled in the favor of the country. Harchaoui, et al. tell us that the growth of Canada’s real average income has large credit to a magnificent improvement in the way labor has been utilized, i.e. â€Å"the combination of high average hours worked and a high rate of employment in the total population†. In addition to this, capital deepening effect has also played an important role in the present stability of the Canadian financial outlook (Harchaoui, et al., 2005, p. 36). 5- Bank of Japan and Bank of Canada Comparing the policies of the central banks of Japan and Canada each gives us more insight. There are a few studies that have been done on the comparative analysis. In one such study, Tomljanovich (2007) informs that the central banks of these two countries (including banks of other countries, as well) are on a constant pursuit of having open dialogue with the general public and this is in the efforts of increasing efficiency and reducing volatility in financial markets. In the case of Canada, which comes in the category of a majority of interest rate maturities, it is found that there is greater predictability in terms of market functions because there is a high flow of information to Canada and this flow coincides with sub-periods simultaneously to lower interest volatility rate. However, Japan (as well as Germany in this study) appears to be the only country in which there is no such evidence of lower interest volatility. Moreover the study shows that the central Bank of Japan and the central Bank of Canada both moved to greater transparency measures in the 1990s which shows that both these banks want to progress on the modern lines (p. 791). As for the policies of Canadian central bank, it is evident that there is inclination of these policies to those of the U.S. There is no doubt that Bank of Canada has greater interests in keeping these ties with the financial environment of the U.S. monetary and fiscal policies. However, Bank of Japan has stood on a very different turf that is of independence with dependence and of unique regulatory framework of all policies handled ever since World War II. There is no doubt that government like Canada and Quebec recognize China and Japan for their strategic partnership in the region of Asia. For this the credit goes to Japanese ever-growing economic curve which in turn holds credit for the policies that the central banking system of Japan for a long time formulated, ran, and implemented successfully (Inomata, 2002, p. 259). 6- Conclusion Examination of the policies of central Bank of Japan and the central Bank of Canada in detail reveal that both countries have to face challenges that emerge from their specific environment. There are similarities and differences in the approaches of the Banks of both the countries. One acute similarity is that both countries have moved to greater transparency and are considered successful banks on the international horizon. Another is that Banks of both these countries are focusing more on interest rate and inflation level stability. For this purpose, however, the approaches of the two banks are different; both are putting efforts to fight the challenge of unemployment. As for the differences, Japanese bank is legally dependent, whereas, Canadian bank is independent; yet there is this sharp observation that Bank of Canada looks at the U.S. financial environment for policy making, whereas, Japanese Bank looks at its own typical challenges that need to be tackled on the international f ront. Another important thing which comes out from this study of the two banking systems in two different countries is that both function in their own environment and that it is not possible to find acute similarities in both the systems because of different financial and social outlook of the countries. This is important to look into more details in these central banks and banks of other countries as well so that a sound analysis about policy making and other measure against present and upcoming challenges can be met.

14th Amendment -EQUAL PROTECTION UNDER THE LAW Essay -- essays researc

EQUAL PROTECTION UNDER THE LAW In school especially, as well as throughout our daily lives, we learn in America to live by the idea of freedom and equality for all. We do not allow race, class, or creed to determine a person’s stature in the community. It may seem as if this is the standard of society, but these ideas of equality have been fought over since the beginning of written history, and even in America today, prejudice still exists. To address these and similar problems, the founding fathers of this nation created a Constitution which included laws that dealt with individual freedoms. However great the founding fathers envisioned the United States Constitution, it did not form a perfect union and justice for all. America would have to amend, or add to, the Constitution in order to serve its constituents better. The most powerful constitutional act towards equality would come with the fourteenth amendment. This amendment permanently changed constitutional law by empowering the Federal government†™s jurisdiction to include local and state governments which would be required to abide by new standards of civil rights and privileges. In 1791, the states ratified ten amendments to the United States Constitution. These became known as the Bill of Rights, a cornerstone in providing individual liberty. The United States Senate dropped one of the original proposals stating, â€Å"No state shall violate the equal rights of conscience or the freedom of press or trial by jury in crimi...

Shakespeare Movie vs Play

Shakespeare's Othello: Movie (Oliver parker 1995) Vs. Play Oliver parker's Othello came out in 1995 with Laurence Fishburne as Othello this is also the first time Othello was played by a coloured actor, Kenneth Branagh as Iago and Irene Jacob as Desdemona. Parker kept the original plot and language intact, however the movie seemed to give Othello life through visual and audio aids. Parker's Othello enables the viewer to associate on a personal level and compliments to the anticipation and imagination of those who have read the play before watching the movie.The audio although normally overpowered by the visual aspect played a key role in defining and empowering the movie. The music was fast and uplifting during celebration and on the eve of Othello's victory against the turks however the music changed to slow and haunting during Iago's monologues, Othello's lascivious and crazed thought of Cassio and Desdemona and scenes involving death. Audio plays key role in foreshadowing and indi cation, whenever Iago speaks of his plans the music starts of in piano or mezzo piano and slowly crescendos as is heard when Iago repeats â€Å"i hate the moor,† the music becomes increasingly passionate and strong.Iago's pronunciation and stress of each his words during his soliloquies were indicators of coming events. Iago's words were soft and soothing when he was â€Å"pouring pestilence† and they became loud and strong when a key scene would be approaching. Iago's soft speech was a way of showing his sincerity to Othello but also as a way of safe guarding his real intentions, this is can be seen when Iago first reveals to Othello that Desdemona is being unfaithful. The most captivating usage of music in the movie was the song Desdemona sings in the bath to Emilia â€Å"Willow, Willow,† on the night of her death.The song foreshadows the death of the person of sings it. It predicted the death of Desdemona's mother's maid and it does the same for her and Emili a. The visual aid in the movie played a large role in aiding the viewers imagination and also filling in blanks that the play could not. Some of the best visuals in Parker's movie adaptation of Othello were not in the script, the black and white chess pieces, water, wedding, sea burial, the dagger, and the glimpses of Cassio and Desdemona together.The chess pieces seem to symbolise Iago's plan to destroy Othello and Desdemona and also the sea burial later in the movie. Oliver used a lot of fire and water images throughout the movie, water seemed to represent ill fate, water foreshadows death or something bad. Desdemona was in the bath the night she was killed and Othello even washed is hands and face before he killed Desdemona. The fire and light in Oliver's movie seemed to represent safety and warmth, When Othello is about to kill Desdemona he blows out the candle. The candle represents Desdemona and how her time to live is coming to an end.Oliver plays with light through the backg round, Scenes which involve Desdemona are bright and lit up until her death and scenes which involve Iago are dark and lack brightness. Othello's clothes were indicators to his own personal change in the beginning he would wear white and clothes different to the others but towards the end the clothes he was wearing were black. These colours reflect the moor's mood at different times of the play. The movie however had some weak points that pulled it away from shakespeare's original intent with the script. There was a lot more emphasis on sexuality in the movie than Shakespeare's play intended.There is also questions about Iago's sexuality and true intents in one fleeting moment in Parker's Othello; Iago breaks down crying when him and Othello make a blood pact. Iago's breakdown comes as a surprise and throws the viewer off guard to much towards the end distorting Iago's reasoning for plotting against the Moor. Overall Parker did a good job with the movie he managed to maintain locati on and time period of Shakespeare's original, it allows us to get a clearer more defined picture of Othello. The dialogue and settings are kept as authentic as possible.

The Reward Of Souls By Dante s The Divine Comedy

The Reward of Souls There are three books in Dante’s The Divine Comedy to illustrate the three worlds. They are Inferno, Purgatory, and Paradise. Throughout all three books of The Divine Comedy, Poetic Justice can be found easily: all souls get what they deserved. In Dante’s description, Inferno has a shape of a funnel with nine circles. The greater the sin, the lower someone is the greater penalty they get after they die. Poetic Justice can be found in the Inferno everywhere. The souls in the Inferno have to be punished because what they have done and what kinds of sins they have. Purgatory is like a mountain and is devided by seven terraces. Each of the terraces represents a sin, and same as in the Inferno, they souls in the Purgatory will suffer what they need to suffer. The difference is Purgatory is for purification, but not for punishment. That is why the souls can go to higher terraces, their sins have washed off as they stay in there. As long as they souls reach the top of the moun tain (Purgatory), they can go to Paradise. There are seven spheres in Paradise. The souls in the higher sphere are nobler. Dante the Pilgrim and his teacher Virgil are the main characthers in both Inferno and Purgatory. However at the end of Purgatory and the whole Paradise, Beatrice appears to be the guide of the Pilgrim instead of Virgil. In Canto XVIII of the first book Inferno, the Pilgrim and Virgil enter the Eighth Circle of the Hell. It consists of ten stone ravines calledShow MoreRelatedDomenico Di Michelino s Divine Comedy1918 Words   |  8 Pagesdi Michelino: Dante’s Divine Comedy Painting Introduction: Domenico di Michelino (1417-1491), an Italian painter and medieval poet was known best for his epic poem, The Divine Comedy, which includes sections representing the three tiers of the Christian afterlife: Purgatory (Purgatorio), Hell (Inferno), and Paradise (Paradiso). 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