Holly Farm

Holly Farm A Diminishing profits of their business from milk and cereals activities trigger Fred and Gillian to decide to open up dairy and arable mixed farm for the demand of paying public. For the new business to be successful they devote all their saving and their time. They take different responsibility for each of them and when Fred continued to run the commercial farming business Gillian took responsibility in making the factory to be suitable for the tour. The rough advertisement and creating awareness to the public the number of visitors to the farm increases through the years.Gillian, who is responsible or the farm to the public each year from April to October inclusive. Other than this period conditions are not suitable to visit so it will not be opened for the public. Through experience Gillian conclude that Saturday and Sunday are a high visiting season Ads than other days in a week The milking parlous which concern So Fred constitute 150 cows to milk. For the visiting pu rpose a player' is build which have facilitate that ease displays on the tour and it lasts be from 4:30 pm to 7:00 PM.HERE Gillian complains on this situation that early visitors come before 4:00 pm that neither Fred nor the cows are repaired eve if most of the visitors wait patiently till to open. Concerning about the ice-cream factory. It is operated 48 weeks per year and three employees who are farm workers wives are responsible to work in line with farm opening from April to October. The maximum capacity of the equipment found in the factory is 350 liters of ice-cream per day. And the stock rotation allowed in practice is not above 7000 liters. The recommended storage time is twelve weeks prior to retail sale.From the comment of Gillian farm shop only visitors are surprisingly regular customer of sales. Her report room experiences started that the demand on average is one out of two customer buys a one liter box. With a farm shop retail price $ 2. 00 per box, a car comes with fo ur occupants, and two one -liter boxes are purchased. The other customers for ice-cream sales are farm shop only visitors. There is a separate, fenced road entrance that allows local customers to purchase good at a separate counter of the farm shop without payment to the other farm facilities.At last when Gillian forward her findings, on 1998 the factory able a small return on capital employed and hence a reform must be made to increase profitability ¶y'. To make the investment work better her first and ultimate decision is to increase the number of natural flavors from four to ten and the other is to increase farm visitors by 50% that can help the farm to meet the target. She conclude that I don't expect that fully to halt the decline in our sales to these outlets, and this is reflected in our sales forecast. Hen the form opened officially in 1993 Gillian took responsibility for visitors to come and visit the farm area asset is a farm to the paying public l. Order to increase the visitors Gillian a face saturation at first which is a low demand season were visitors are conditional for unsuitable regular tractor rides and of the animals being kept inside Gillian attempt to solve the situation by increasing the number of farm visitors to 50 percent in 1 999 that she intended to improve return on farm tour assets.Regarding to increasing farm four she had also to choose whether to promote sales to coach firms or to focus on advertisement for attracting more local families in car. The milking parlous, the activity concerning to Fred, usually lasts form 4:30 p. To 07:00 pm gallery which is purposely built to exhibit this activity for visitors displays teen the indicated time interval. Here Gillian face another problem that sometimes on Saturdays and Sundays visitors' arrival early before 4:pm but unfortunately nothing is ready to display.Even it most people are patient enough to wait until the activity are patient enough to wait until the activity to be opened it is obvious that this affect the return to farm tours on aggregate. Evaluating Shilling's proposal to increase the number of farm visitors in 1999 by 50 percent when Shilling's propose to increase the number of visitors she forest sales by taking sales of 1 998 as a base year. Taking 1998 as a base for January to December to evaluate the forecast.Even if the data on the appendix gives no separate records that separate sales to the paying farm visitors and to those who only visit the farm shop, Shilling's statement about the average sales to a paying farm visitors which says from two visitors one probably buy a one litter ice-cream gives a clue for evaluation purpose.

Drug Testing for Welfare Recipients

Unit 2 Project: Drug Testing for Welfare Recipients Tracy Brown Kaplan University Drug Testing for Welfare Recipients When considering effective ways to cut government spending, each state should start requiring mandatory drug testing among all its welfare recipients. Cutting welfare benefits to known drug abusers will allow benefits to be doled out more effectively and efficiently to those Americans that are truly in need, diminish drug use in those poverty stricken communities that tend to rely on welfare assistance and take a chunk from the government’s out of control spending.I think that this is an effective thesis statement because it clearly outlines my paper and it states what side of this discussion I have chosen to represent. It is stated clear, concise, and to the point. Because mandatory drug testing for welfare recipients is an issue that is not in full effect, it may be difficult to find opinions from â€Å"reliable† sources concerning such legislation. It may also be difficult to determine long term effects of such a program like cuts in spending and reductions in drug abuse. I will be researching government websites both nationally and locally.I would also like to contact local government representatives to perhaps get an opinion about the idea of said legislation. In addition, because this is such a new topic, there are many newspapers to research that will have the latest on states that want to begin developing the idea of mandatory drug testing. It will be difficult to avoid logical fallicies on this topic. Because I am coming down on one side of this discussion and want to persuade my audience, I will want to use comments and information from those that view it as I do.Using statistics that are deemed factual will help in showing that these are not just biased opinions from politicians that are simply looking for another vote. If I were to begin to persuade a city council meeting or write a letter to my local government represe ntatives about the importance of mandatory drug testing for welfare recipients, I would begin by saying: Welfare is not an entitlement! It was never intended to be as such.When President Roosevelt enacted the Social Security Act in 1935, it was during the great depression, when 25% of Americans were unemployed. Since then welfare has generously extended its hand to millions of Americans (2012). When someone is benefitting from these programs, and is not deemed disabled, it should be viewed as a â€Å"hand up† not a â€Å"hand out†. It is an issue all over the country that welfare is being abused by its benefactors. Cards are being used for ATM withdrawals, to purchase liquor, buying cigarettes, and even gambling in casinos.Food stamps are being openly traded for drugs (Camden, 2011). Not to mention the deception that is occurring about how many dependents a recipient is responsible for. To be subjected to a simple urine test to receive money and benefits from the U. S, government is not too much to bear. It is no different than obliging to mandatory drug testing for a job. Florida state governor Rick Scott has stated that in his state alone they will save 9 million dollars a year because of benefits being cut due to mandatory drug testing.With these kinds of cuts in spending nationwide, it is sure to reduce government spending a great deal. Not to mention the effect it will have on drug abusers. Florida state governor Rick Scott has implemented drug counseling on a volunteer basis for those benefactors that test positive (Delaney, 2011). Cuts in spending, responsible distribution of benefits and reductions in drug abuse, this sounds like a win-win scenario for us all. References Author Unknown, (2012), The History of Welfare, Retrieved from: http://www. elfareinfo. org/history/ Delaney, A. , (2011, November 27). Rick Scott Backs Drug Tests for Welfare Beneficiaries, Public Worker, and Himself, Retrieved from: http://www. huffingtonpost. com/2011/ 09/27drug-testing-welfare-_n_983235-. html/ Camden, J. , (2011, February 04). The Spokesman-Review, Abuse of Welfare Electronic Benefits Transfer Cards Targeted, Retrieved from: http://www. spokesman. com/stories/2011/feb/04/abuse-of-welfare-electronic-benefits-transfer/

Advantages and Disadvantages of Real Gdp

London School of Commerce Belgrade A Critical Analysis Of Real GDP Subject: Managerial EconomicsMentor:Student: Maja Paunovic Mirko Lazarevic Belgrade 2013 TABLE OF CONTENTS1. EXECUTIVE SUMMARY3 INTRODUCTION2. ADVANTAGES OF REAL GDP43. LIMITATIONS AND SHORTCOMINGS OF REAL GDP4 3. 1 RENEWABLE FINITE RESOURCE5 3. 2 OLD AND CHILD CARE5 3. 3 UNDERGROUND ECONOMY5 3. 4 UNEMPLOYMENT6 3. 5 THE INFLATION RATE6 3. 6 POLUTTION7 3. 7 LEISURE7 3. 8 POPULATION7 3. 9 INEQUALITY OF WEALTH7 4. CONCLUSION8 REFERENCES9 1. Executive summaryThe gross domestic indicator (GDP) is one of the main indicators used to measure the health of a country’s economy. GDP represents the sum of all goods produces over a specific period of time or in other words it is the size of the economy. Usually, GDP is compared to the previous quarter or year. As an example, if a yearly measurement was taken and the GDP went up 3%, this means that the economy has grown by 3% over the last year. Measuring GDP can be complicated, the calculation can be done in one of three ways: the product method, the income method and the expenditure method.The fi rst method of measuring GDP is to sum up the value of all goods and services produced in the country. Basically, we focus on firms and add up all their production. This method is known as the product method. The second approach is the income method which is focused on the incomes generated from the production of goods and services. When we look back, we will see that this is the same as the sum of all values added at each stage of production. The added value is basically the difference between a firm’s income from sales and the cost of its purchases from other firms.The difference is made up of wages and salaries, rent, interest and profit. Basically, it consists of the incomes produced by those involved in the production process. The final approach to calculating GDP is to add up all expenditure on final output. Which includes the following: consumer expenditure, government expenditure, investment expenditure, exports of goods and services and imports of goods and services. This final method is called the expenditure method. 1 Introduction Economic production and growth, what GDP represents, has a huge impact on nearly everyone within that economy.In order to analyze the health of an economy or examine economic growth, it’s necessary to have a way to measure the size of an economy. Economists usually measure the size of an economy by the amount of stuff it produces. When GDP is calculated in relation to the population of a country this is known as the average GDP per capita. This is often used as an indicator of a country’s standard of living. When calculating GDP international incomes are not included, even those earned by domestic workers in other countries. However, as a measure of the standard of living in a country, GDP has its limitations and shortcomings. . Advantages of real GDP You can use GDP to examine all economies of the world, from the USA to Somalia. No matter if a country is churning out fishing equipment or cars, all of i ts products have a certain monetary value, which added up gives a universally recognized measure. This measure is especially helpful if you consider how different economies around the world are in terms of the goods and services they produce, and the way they reinvest their income – pay back debts or invest in industry sectors. GDP is dynamic; it changes constantly based on new figures on productivity, consumption and investments.Therefore, economists and decision makers can use GDP to measure an economy’s growth or decline. However, they can only do that provided they have an established and accurate mechanism to measure GDP value regularly; without that, they don’t have any data to compare whether present activity is worth more or less than in the past. By removing inflation, real GDP allows economists to make more accurate comparisons between countries and across multiple years. Multinational corporations use real GDP when deciding where to send their investm ent dollars or headquarter their operations. National governments use real GDP to set currency exchange rate targets and evaluate the effectiveness of economic policy by comparing one year’s real GDP data against other years. Central banks put significant weight on real GDP data when determining interest rates and other fiscal policy. Real GDP is also used to compute economic growth, known as the GDP growth rate. This is calculated by comparing each quarter to the previous one. If real GDP were not used, then you wouldn’t know whether it was real growth, or just price and wage increases.The ideal GDP growth rate is between 2-3%. The GDP growth rate is critical for investors to adjust the asset location in their portfolios. Investors also compare countries’ GDP growth rates – countries with strong growth attract more investors for their corporate stocks, bonds and even their own sovereign debt.3. Limitations and shortcoming of real GDP GDP per capita is not a direct increase of living standards and qu ality of life in a country, so policies aimed at maximizing GDP may be seen as ill conceived. This is due to many reasons, including;3.1 Renewable finite resource: Most of country may grow rapidly by exploiting their non-renewable finite resources such as oil and forests. They may also over- exploit resources which renew slowly, such as fish and wildlife. While current living standards may be high, those of future generations may be jeopardized. Therefore, GDP is unable to act as an indicator of future welfare. For example; the fishing industry in Europe is currently facing many problems as a result of over fishing in the past. This has had a significant impact on the GDP of European countries.GDP measures the total value of output produced, but it cannot distinguish between the effects of different types of output on living standards. For example; two countries have the same GDP per capita, but country A has a well-funded education and health system, whereas country B has a well-eq uipped army. It is obvious that country A will have higher living standards than country B, but this is not apparent from their GDP figures.3. 2 Old and Child Care: If you care for your parents when they're old and enfeebled, it doesn't contribute to GDP, but if you pay someone else to care for them, it does contribute.The same goes for childcare and mental illness. The act of caring for the permanently sick, however compassionate that may be, is a use of resources for no tangible gain. Therefore, it does not contribute to GDP' For these reasons, some people prefer to use other indicator to measure a country's standard of living. These social indicators take non-economic factors into account, such as literacy rate, and life expectancy. Some examples are the physical quality of life index (PQLI), the Human Development Index (HDI), and the Basic Well-being Index (BWI).3. 3 Underground economy: Oliver (2006) in his book ‘Macroeconomics' states about the underground economy as fol lows: ‘Underground economy is the part of economic activity not measured in official statistics, either because the activity is illegal, or because firms and workers would rather not report it to avoid paying taxes – is an old issue in Spain'. (p 45) Black market: Michael & Charles (1993) describes that everybody wants to take advantage of a carpenter's, car mechanics, or painter's, offer to do some work without a receipt.Agents engage in the black, or underground, economy for straight-forward reasons. First, they want to avoid taxes (the value added tax, employment and social security charges, profit taxes). Another reason is that criminal activities, such as drug dealing, prostitution, or racketeering, are obviously better kept underground. (p24) Different countries may have different sizes of informal/ ‘black' economy (e. g. crime, subsistence farming, drug dealer, and bartering and cash payments) and this is not taken into account by those who calculate GDP.GD P will therefore underestimate the actual value of output. For example; Russia has a very large black economy, so its relatively small GDP is a poor indicator of actual income and living standards. (Source: John Sloman, 2006, 6th ed,)3. 4 Unemployment: Oliver (2006) states that unemployment is the number of people who do not have job but are looking for one. It directly effects on the welfare of the unemployed. Although unemployment benefits are greater today than they were during the great Depression, unemployment is still often associated with financial and psychological suffering. It is not the question how much suffering depends on the nature of the unemployment. Real GDP is failure to measure unemployment of a country.3. 5 The Inflation Rate: Oliver (2006) states that ‘Inflation is a sustained rise in the general level of prices in the economy-called the price level. The inflation rate is the rate at which the price level increases. (Conversely, deflation is a sustained d ecline in the price level. It corresponds to a negative inflation rate)'. If the price level increase nothing happened for the rich people but something happened for the poor people. As example, some Asian Country there GDP is high, price of goods is also high, and the rich people can easily buy the goods because there income is high. But poor people which income is low they can't buy the goods. The real GDP mean per people per capital so real GDP can't measure the inflation rate which mean Standard of living.3. 6 Pollution: Environment is very important part of Standard of living. But this important part is polluted in many ways. Industry is produce lot of product. On the other hand, at the same time industry is throwing wastage or rubbish, smoke and useless chemicals.It is polluting environment by motor and vehicles which making sound and air pollution. Climate change is a big factor for standard of living. Power station and chemical plant which cause global warm and for that reas on why some countries like Maldives and south part of Bangladesh going down under water. Also High GDP per capita might be accompanied by high levels of pollution and exploitation of the workforce, thus causing a decrease in living standards which is not reflected in GDP figures. Therefore, GDP may overestimate living standards in a country. Here real GDP can't measure Standard of living. (Source: John Sloman, 2006)3. 7 Leisure: Leisure is important for every age. By growing GDP people going to be like machineries. People are all time busy for their earning money to build up their life. They don't have time for entertainment like cinema, game; party also there is not enough leisure centers where people can go easily. When people not involved with recreation to have proper leisure, it is not even mentionable whether the current GDP is high or low in the country. So, real GDP fails to measure the Standard of living.3. 8 Population: Population is a big impact of standard of living. Mos t of third world county has been suffering of this problem (Bangladesh, India, and Pakistan). If the population increase GDP automatic decrease as a result standard of living of county go down. Real GDP cannot solve the countrymen problem.3. 9 Inequality wealth: GDP per capita is not an indicator of the distribution of wealth, because when GDP increases, this extra wealth may be received by only a small section of society with the rest of society even worse off. For example; the GDP of oil producing countries like Saudi Arabia is very high, but the wealth is only shared among a small minority of citizens, while the majority of citizens living relative poverty. (John Sloman, 2006) GDP can only measure the material standard of living, without taking into account the quality of life as perceived by each individual, which cannot be standardized across a population or countries. Let’s take USA and France for example.The USA had a GDP per capita of USD 46, 900 in 2008 (http://www. indexmundi. om/united_states/gdp_per_capita_(ppp). html) while France had 45, 982 (http://www. indexmundi. com/france/gdp_per_capita_(ppp). html). Not a big difference, France trails by a little. Now let’s consider how well are people in each country – In the happy planet index, France ranks 71 while the USA ranks 114, just below Madagascar. People in France are much happier than people in the USA. They have better and free healthcare, free education and so on. Besides these two countries Costa Rica has a GDP much lower than both (http://www. ndexmundi. com/costa_rica/gdp_per_capita_(ppp). html) but its people are considered to be the happiest in the world. Some countries, even though they have low GDP’s, its people are better off. Countries that one rarely hears of have very good life expectancies like in Andorra, Cayman Islands, and so on. (http://www. happyplanetindex. org/data/).4. Conclusion GDP discusses how economists measure the total growth of a nation. At this point it is important to know about how the GDP is doing in the change of standard life style.It is already assumed that real GDP shows the total amount of growth in value in specific year. Economist can predict what to achieve and what is the difference in achievement by the end of the year. As we have seen that real GDP is countable by the value, it is easy to know for any people to predict what further contribution needed in the country. But whatever the economist prediction is, the economic factors should be remain same. Without the economic factors stability, the total development of the country is not possible.References:1.John Sloman & Dean Garratt (2010), Essentials of Economics, 5th Edition, Prentice Hall. (Pages259-267)2. (John Sloman. 6th edn , 2006).3. Oliver Blanchard (2006), ‘Macroeconomics, 4th Edition, New Jersey: Prentice Hall.4. Michael Burda & Charles Nyplosz (1993), Introduction to Macroeconomics, 1st Edition. Oxford University Press.5. http://www. indexmundi. com/united_states/gdp_per_capita_(ppp). html6. http://www. indexmundi. com/france/gdp_per_capita_(ppp). html7. http://www. indexmundi. com/costa_rica/gdp_per_capita_(ppp). html 8. http://www. happyplanetindex. org/data/

MARKETING PLAN (Lucozade Sport) Essay Example | Topics and Well Written Essays - 1250 words

MARKETING PLAN (Lucozade Sport) - Essay Example Whether on the gym or field or track the Lucozade sport aims to deliver right kind of fuel before exercise, during exercise and also after exercise. The Lucozade sport is proven to enhance the physical endurance and thus has been scientifically developed to contain carbohydrates, glucose, electrolytes, fluid which helps to fuel muscles and also maintain hydration. The Lucozade sport is therefore marketed to people who aim to pursue an active lifestyle and therefore has become the choice for footballers, athletes, runners and for people who loves sports, exercise and physical activity. Lucozade has been regarded as drink of choice for many people since its launch as unique isotonic sports drink. The product chosen is Lucozade Sport which is particular made for people who tends to maintain the same level of performance during exercise. It has been founded that just with 2% decrease in the body weight due to sweating can eventually lead to drop in the performance of athletes. The electr olytes in Lucozade sport thus replaces mineral and salt which gets lost during sweating and plays an essential role in the process of maintaining fluid balance. Lucozade is owned and controlled by GSK which is leading healthcare and pharmaceutical companies (Lucozade, 2011). Market analysis According to reports by Markets and Markets, there seems to be demand for sports as well as energy beverages as it is predicted to grow at a yearly growth rate of 10% till 2016. This growth is fuelled by increasing health awareness among consumers who are eager to combat fatigue with energy bossing drinks. The industry players are also diversifying the product portfolio with products such as diet drinks and also sugar free drinks targeting the female segment along with the health conscious consumers (ReportLinker, 2013). Customer Analysis As per data provided in Morgan database, the non alcoholic beverages market in New Zealand has undergone serious changes where the total consumption of non alco holic consumption amounted to about 95% and has varied in minor percentage such as total non-alcoholic consumption in 2011 showed 93.90% as compared to 95% in 2008 and 2010. Women are the largest customer for non alcoholic beverages as compared to men where total consumption of female was 6919 in 2010 and men amounted to 4201 in the same year. Further it was founded that the age group of 35 to 49 were the highest consumers of non alcoholic beverages followed by the age group of 50-64 with 2943 un weighted consumption. In the year 2011, the picture remained the same with women dominating the non alcoholic beverage market and highest consumption being in the age group of

LITERATURE REVIEW Research Paper Example | Topics and Well Written Essays - 500 words

LITERATURE REVIEW - Research Paper Example Equally important, security and monitoring of the movement of narcotics drugs strongly indicate laxity of the responsible agencies because of the increasing accessibility of the drugs to many users and dealers, including minors. In relation to monitoring of narcotics drugs, the agencies responsible for the role should enhance surveillance on all possible channels of accessing and distributing drugs including prescription drugs. Three main concepts and ideas will be explored in the literature review in relation to the problem statement of the research study. The first is investigating pertinent factors that contribute to the increasing abuse of narcotic drugs in the society in addition to the recent policies and regulations aimed at preventing accessibility to narcotic drugs. To collect relevant information pertaining to the concept, authoritative sources from medical, legal, sociological and psychological backgrounds will be used. One of the authoritative sources is a journal by Barrett and Veerman titled â€Å"Children Who Use Drugs: The Need for More Clarity on State Obligations in International Law.† Narcotics drugs are increasingly being accessed through prescription and this is the second concept of investigating the problem statement in the literature review. Patients with chronic ailments are legally permitted to use some of the illegal narcotics drugs under strict medical prescription (Howe, 1957). However, the effects that the drugs impart on the prescribed users are a matter of concern to policy makers because it influences the society’s perception to the drugs. In particular, the outcome of the drugs on the prescribed patients such as dependency or addiction and their overall effectiveness in managing the intended medical condition will be examined. The accessibility of prescribed drugs in stores could encourage members of the society to conspire with pharmaceutical

Mill on Repression Essay Example | Topics and Well Written Essays - 1000 words

Mill on Repression - Essay Example Moreover, his individuality must be nurtured instead of hampered. This idea greatly affects his belief that social repression must be thwarted. This paper intends to look deeper into the ideas of Mill in order to understand further why he is so against social repression and to examine further the differences between social and political repression. As mentioned earlier, Mill strongly believes in individuality. Consequently, he also has considerable confidence in diversity. As human beings, each of us have differences and such differences often make us differ in tastes, opinions, interests and other important characteristics and traits. For Mill, such differences should be encouraged instead of stopped. He is against uniformity because this thwarts the expression of one’s unique attributes. As a result, uniformity encourages a few people to stand out because they take courage in being different however, ultimately, the numbered few will rise to rule over the uniform others. Suc h system eventually leads to other social problems such as political repression, tyranny, racism and sexism. On the contrary, when individual attributes are to be encouraged, there would be no uniformity but diversity. Diversity results to individualism which in turn inspires being informed. Information is very important in improving one’s self. As they say, knowledge is power. ... Whereas when there is uniformity, those who are able to access important information tend to keep it to themselves so that they will be the only ones to benefit from the knowledge. In addition, the numbered few who tend to rise when there is uniformity often alter information fed on the bigger percentage of the population so that they are deceived to believe that they are well-informed. This leads to tyranny because the misinformed public tends to trust the stronger majority. Consequently, people can be transformed to puppets who will simply obey what is asked of them. People will be dictated by a few individuals who are able to control the information being told and they will in turn ‘mere industrious sheep’ who will simply obey orders without questioning. This again can lead to abuses such as what was witnessed in the relationship between the Black slaves and the White masters during the recent century. Through social repression, the Blacks were made to believe that th ey are mere objects who were supposed to serve their White masters. However, as social beings, the Blacks came to learn that they, too, can have the liberty the Whites are enjoying and that they can also have their own lands by doing lesser jobs compared to when they are yet slaves. For decades, there have been no Blacks who excelled in art, music or other professions because they have been deprived of opportunities and information. This is the very reason why Mill is against social repression. He is afraid that there will come a day when the talents and creativity of individuals will not be encouraged because they have been limited to some standards. He sees this as a dangerous end because when such circumstance happens, people will eventually become accustomed to an

Sociological Perspectives on Students and Families Essay

Sociological Perspectives on Students and Families - Essay Example The individuals look for its support at precarious state of affairs, and hence remain in strong bondage and constant connection with the family throughout their life. The family is the basic building block of society because it performs important function such as conferring social position and regulating social activity. To most family members the family is a haven in a heartless world. (Macionis, 2007) Before the arrival and advancement of industrialization, there existed the concept of extended family set up, where blood relations including grandparents, parents, real uncles and aunts, and children were considered the part of one family unit. However, rapid industrialization has given birth to the concept of nuclear family structure, where husband, wife and children are regarded as one family unit. Additionally, the individuals have got the way of living together as couples without marriage in modern times, which have popularized the concept of single parenthood in the western soci eties of contemporary world. Child rearing and socialization of the young ones is viewed as the most imperative obligation of a family. Initially, man enters the informal learning process at home while having interaction with parents and siblings.

Radio Advertising Essay Example | Topics and Well Written Essays - 500 words

Radio Advertising - Essay Example Modern mass media industry offers a great range of both local and national radio stations broadcasting music of different genres aimed at different ages, backgrounds and tastes. To add more, the majority of radio stations have duplications of their broadcasts on the Internet, so everyone can access the broadcasts regardless of geographical location. The range of the radio stations found for this essay is rather heterogeneous in genre. The Whale 99.1 FM is the radio station focusing on classic rock, as it is stated on the website and clearly understood from the repertoire. WBGO 88.3 FM, the Ney York radio station stating its format as Jazz offers a variety of jazz compositions and related programs. 1033 The EDGE Rock Radio focuses – obviously – on rock format including both old and new songs. Country 106.5 WYRK Radio has mainly country format; 95.5 PLJ New York radio station offers a mixture of genres and musicians in its broadcasts; Pulse 87 NY located at 96.7 FM describes itself as a dance radio station and broadcasts a wide range of pop and dance music including numerous remixes. WQHT Hot 97 radio station features mainly hip-hop and R’n’B compositions. WLTW 106.7 Lite FM and the majority of stations found on the Internet tend to state their format as mix or dance, which means that they feature a diverse variety of pop and dance mainstream songs without focusing on a single genre. Moreover, some of the mixed-format radio stations offer a description such as Top 40 radio stations, which, of course, means that the broadcasts consist of the songs holding leading positions in the charts at the current moment. Narrowing our advertising-related target group to college student, we will inevitable come to a conclusion that mix, pop and dance radio stations are the most efficient means for reaching college students. Such radio stations are usually top, as they don’t offer some peculiar music, instead broadcasting mainstream compositions, which are, first

Smith's Accounting and Tax Service-Can Amanda Turn Her New Business Assignment

Smith's Accounting and Tax Service-Can Amanda Turn Her New Business Around - Assignment Example Factors like ethics, global competitiveness and environment are the factors that are seen to influence how the mangers perform the four functions. Planning Planning is the process of identifying the organizational goals for future performances and then decides on the task and the resources required accomplishing these goals. In simple terms planning says the manger regarding what the organization wants to achieve in future and how they can achieve that. Planning also specifies when and how the task should be performed. Managers are seen to exactly outline what to achieve and how to achieve. By this the managers are not only concern with the success of the organization in achieving long term goals but also short term goals as well (Agarwal, 2008). In this case Amanda has committed the mistake of not planning how she will be running the business. She even failed to plan how she would run the business if it is undergoing through crisis. Lisa was recruited not on the basis of her experie nce or qualification; she was recruited simply because of her acquaintances with Amanda. This shows that Amanda was totally unprepared for the business; otherwise she would have followed proper recruitment processes. Amanda developed the mission and vision of her company after the business has been already started. The target market was even chosen by Amanda after starting the business. Both the things need to be done prior to starting the business. Moreover she even did not plan any thing for the slack period that her business will be facing. When the slack period commenced, she started wondering about she will be paying her employees and eventually end up into losing them. Moreover she was taking... The four management functions are very important for the managers to follow in order to make the organization achieve its goals. If any of the four functions are not implemented by the manager then it creates a huge negative impact on the performance of the business. In this case, though Amanda has huge experience in auditing and taxation but was incapable of implementing the four function of management. She tried to do a lot of things and even done some of them but all at a wrong time. †¢ She should now first plan how she would be running the business, where she needs to also focus on some provision in case if the business fails to achieve its expected results. Recruit a human resource manager and an operational manager who will be looking the recruitment and day to day operations respectively. Amanda should engage herself more proactively regarding monitoring the performance and assessing them so that feedbacks related to necessary correction can be provided. Proper flow of in formation regarding the goals of the organization should be ensured.

Economic Transition Essay Example | Topics and Well Written Essays - 500 words

Economic Transition - Essay Example In addition, trade barriers are being lifted, the export portfolio is diversifying from oil to other products, and market forces are emerging as strong determinant of price and demand. The reasons behind this shift have their roots in the lessons, which the Saudi policy makers learnt from the crisis and recessions of 1980s due to fluctuations in the oil prices. Since then, slowly and gradually, the Saudi government has been trying to strengthen the oil sector and create a reliable banking system, which could provide credit facilities to the new foreign and domestic investors. Important here to understand that this transition is not complete yet it is had some impacts on the macroenvironment. Rather than controlling the country based on the feedback on family members and a few friends, the King has gone on to create a cabinet of ministers, which are experts of economic and financial affairs for policy making and suggestions. The administration has witnessed some retaliation from the s ide of the religious experts of the country because it is hard for them to digest that how can an Islamic welfare state adopt the western capitalistic policies but the administration has appeared firm on its decision to complete this smooth transition by the end of this decade (Ramady, 2010).

Gun Control Essay Example for Free

Gun Control Essay Gun control has been a debatable issue for all times. This essay aims to put forward an argument against gun control. The essay asserts that prevalence of gun control should not be a part of the society. Society should be against gun control because people should be able to protect themselves, the crime rate would decrease, and people have the right to bear arms. Discussion The controversy regarding the gun control is neither a new one nor particular to United States. Majority of the gun control laws make no demarcation between the citizens who are law breakers and those who are law abiding. Gun control laws simply entail that anyone who possess a gun is likely to be a law breaker, which is merely not a case (Reynolds Caruth, pp. 01). The purpose behind the gun control and gun crime laws is to avert the criminals from acquiring guns and using the guns they had acquired. However, the number of armed crimes as well as criminals has amplified during the time when gun control laws have thrived. It appears as if the actual results of gun control have not been the projected ones (Reynolds Caruth, pp. 02). Gun control laws restricts the ordinary citizens from possessing a gun, which implies that at the time of a criminal attack or a robbery, the citizen will not be likely to defend him or herself. The self defense survey conducted by Dr. Gary Kleeck shows that around 2. 1 million times, guns are used for self defense purpose in a year (Krouse, pp. 13). A gun control law will restrain the people from protecting themselves in case of a violent crime attack. This will enable the criminals to be more powerful and confident while attacking people as people would not be armed. For instance pizza delivery boys keep guns to prevent themselves from being robbed. Thus, society should be against gun control because people have a right to protect and defend themselves. Imposing gun control laws do not reduce crimes. However, guns in the hands of those citizens who are law abiding and physically less strong than the criminals, are the best preventions for the crimes (Reynolds Caruth, pp. 02). Criminals are provoked by self-protection and guns can thus be a disincentive. A majority of convicted American criminals have reported that they fear from attacking the victims who are armed. Their fear of encountering armed victims surpasses their fear of being caught by police (Lott, pp. 05). Robbers do not attempt to break into houses after midnight because of the probability of being shot. Thus, society should be against gun control because crimes will decrease. Keeping guns and using them for self defense is a right of the citizens as laid by the constitution. The constitution wants its citizens to possess guns in order to protect and defend themselves from the criminals or the despotism of their own government. Other than the constitutional right, self defense by keeping guns is also an inherent basic human right of the people (Reynolds Caruth, pp. 27-29). Therefore, society should be against gun control as people have a right to bear arms. Conclusion Most of the criminals acquire guns from illegal sources. Gun control laws; therefore, are not able to restrict criminals. They only restrain law abiding citizens from possessing guns which increases the crime violence; therefore, society should be against gun control because people should be able to protect themselves, the crime rate would decrease, and people have the right to bear arms.

Economic Development and Social Change Essay Example for Free

Economic Development and Social Change Essay Section 1 1) What is the primary goal of modernization theory in contrast to theories of capital formation? Compare and contrast Hoselitz’ formulation of modernization theory with Lewis’ theory of capital formation In the 18th century, during the Age of Enlightenment, an idea named the Idea of Progress emerged whereby its believers were thought of being capable of developing and changing their societies. This philosophy initially appeared through Marquis de Condorcet, who was involved in the origins of the theoretical approach whereby he claimed that technological advancements and economical changes can enable changes in moral and cultural values. He encouraged technological processes to help give people further control over their environments, arguing that technological progress would eventually spur social progress. In addition, Émile Durkheim developed the concept of functionalism in the sociological field, which emphasizes on the importance of interdependence between the different institutions of a society and their interaction in maintaining cultural and social unity. His most well known work, The Division of Labour in Society, which outlines how order in society could be controlled and managed and how primitive societies could make the transition to more economically advanced industrial societies. Another reason for the emergence of the modernization theory derived from Adam Smith’s Wealth of Nations, which represented the widespread practical interest on economic development during a time when there was a constant relation between economic theory and economic policy that was considered necessary and obvious. It was by analysing, critiquing, and hence moving away from these assumptions and theories that the modernization theory began to establish itself. At the time the United States entered its era of globalism and a ‘can do’ attitude characterized its approach, as in the functionalist modernization advanced by B. Hoselitz: â€Å"You subtract the ideal typical features or indices of underdevelopment from those of development, and the remainder is your development program†. As he also presents in Social Structure and Economic Growth , this body of economic theory â€Å"abstracted from the immediate policy implications to which it was subject†Ã ‚  and also â€Å"assumed human motivations and the social and cultural environment of economic activity as relatively rigid and unchanging givens†(23-24). He claims that the difference lies in the extra examination of what is beyond simply economics terms and adjustments, by â€Å"restructuring a social relations in general, or at least those social relations which are relevant to the performance of the productive and distributive tasks of the society†(26). Most forms of evolutionism conceived of development as being natural and endogenous, whereas modernization theory makes room for exogenous influences. Its main aim is to attain some understanding of the functional interrelationship of economic and general social variables describing the transition from an economically â€Å"underdeveloped† to an â€Å"advanced† society. Modernization theory is usually referred to as a paradigm, but upon closer consideration turns out to be host to a wide variety of projects, some presumably along the lines of ‘endogenous change’ namely social differentiation, rationalization, the spread of universalism, achievement and specificity; while it has also been associated with projects of ‘exogenous change’: the spread of capitalism, industrialization through technological diffusion, westernization, nation building, state formation (as in postcolonial inheritor states). If occasionally this diversity within modernization is recognized, still the importance of exogenous influences is considered minor and secondary. I do not view ‘modernization’ as a sing le, unified, integrated theory in any strict sense of ‘theory’. It was an overarching perspective concerned with comparative issues of national development, which treated development as multidimensional and multicausal along various axes (economic, political, cultural), and which gave primacy to endogenous rather than exogenous factors. (Tiryakian, 1992: 78) In the context of Cold War modernization theory operated as a highly interventionalist tool enabling the ‘free world’ to impose its rules and engage in ‘structural imperialism’. Typically this occurred in the name of the forces of endogenous change such as national building, the entrepreneurial spirit and achievement orientation. In effect modernization theory was a form of globalization that was presented as endogenous change. Modernization theory, therefore, emerged from these ideas in order to explain the process of modernization within societies. The theory examines  not only the internal factors of a country but also how with the aid of technology and the reformation of certain cultural structures, â€Å"traditional† countries can develop in the same manner that more developed countries have. In this way, the theory attempts to identify the social variables, which contribute to social progress and the development of societies, and seeks to expl ain the process of social evolution. The question of the functional relations between all or most culture traits is left open, and special attention is â€Å"given only to those aspects of social behaviour that have significance for economic action, particularly as this action relates to conditions affecting changes in the output of goods and services achieved by a society†(30). They conceptualize the process of development in a similar linear, evolutionary form as older evolutionary theories of progress, but seek to identify the critical factors that initiate and sustain the development process. These factors, they argue, are both intrinsic and extrinsic: the former involves the diffusion of modern technologies and ideas to the developing world, while the latter requires the creation of local conditions, such as the mobilization of capital, which will foster progress. Modernization theorists believe that primitive production, an anachronistic culture, and apathetic personal dispositions combine to maintain an ar chaic socioeconomic system that perpetuates low levels of living. Modernization theorists hold that policies designed to deal with these traditional impediments to progress primarily through economic intervention, provide the key to prosperity. Overall, Hoselitz’s modernization theory is a sociological theory of economic growth that determines the mechanisms by which thesocial structure of an underdeveloped economy was modernized – that is, altered to take on the features of an economically advanced country. Hoselitz’s answer was based on the â€Å"theory of social deviance† – that is, that new things were started by people who were different from the norm. Unlike Lewis’ theories that we will revise later, Hoselitz thought that small-scale private economic development was the best way of achieving development in Third World economies. This particularly involved revaluing what he called â€Å"entrepreneurial performance†, something that Lewis also agrees with, but in a way that provided not only wealth but also social status and political  influence. In Chapter 8 of Sociological Aspects of Economic Growth, Hoselitz focuses on the creation of â€Å"generative cities† ( that is, cities producing innovations) rather than traditional rural areas were the focal points for the introduction of new ideas and social and economic practices. Many of the early colonial settlements in the New World and South Africa, Hoselitz claimed, were parasitic, enjoying a certain degree of economic growth â€Å" within the city itself and its surrounding environs† only at the expense of the rest of the region, which was ruthlessly exploited for its natural and agricultural resources (p.280). Although prescriptions for inducing social change and removing cultural obstacles to economic modernization in developing countries may be described as social policies, they do not seek to deal directly with mass poverty and its attendant problems of malnutrition, ill-health, inadequate housing, illiteracy, and destitution. These critical welfare concerns are seldom referred to by modernization theorists, namely by Hoselitz. Instead, the implicit assumption in his writings is that the process of economic development and social change will raise levels of living and remedy these problems automatically. Since economic growth, engendered by capital investments in modern industry, will expand employment, the proportion of the population in subsistent poverty will steadily decline. The increasing numbers of workers in the modern economy will experience a steady rise in real income that will be sufficient not only to satisfy their basic needs for food, clothing, and shelter but permit them to purchase consumer commodities as well as social goods such as medical care, education, and social security. Arthur Lewis was one of the first economists to create a theory about how industrialized and economically stable countries are capable of helping undeveloped countries progress. He presented this theory in his work Economic Development with the Unlimited Supplies of Labor† where he brings about the concept of capital formation. He defines it as the transfer of savings from households and governments to business sectors, resulting in increased output and economic expansion. He claims that his â€Å"model says, in effect, that if unlimited supplies of labor are available at a constant real  wage, and if any part of profits is reinvested in productive capacity, profits will grow continuously relatively to the national income, and capital formation will also grow relatively to the national income†(158). From here bridged off his development of the two-sector model of the economy and the theory of dualism. Both posit the existence of a substantial pool of underutilized labo r in a backward, subsistent agricultural sector of an economy that perpetuates low levels of production and mass poverty. This model comprises two distinct sectors, the capitalist and the subsistence sectors. The former, which may be private or state-owned, includes principally manufacturing industry and estate agriculture; the latter, mainly small-scale family agriculture and various other types of unorganized economic activity. Here the capital, income and wages per head, the proportion of income saved, and the rate of technological progress are all much higher in the capitalist sector. The subsistence sector is both at a very low level, and also stagnant, with negligible investment and technical progress and no new wants emerging. Institutional arrangements are the ones maintaining this chronic disequilibrium between the sectors, implicit in these differences in real income and productivity. In the extended family the members receive approximately the average product of the group even if the marginal product is much less. The process of development, initiated by an increase in the share of capitalist s in the national income, I essentially the growth of the capitalist sector at the expense of the subsistence sector, with the goal of the ultimate absorption of the latter by the former. To some extent, this is similar to Hoselitz’s development of the modernization theory, whereby the claims that the formation of his generative cities (a) creates a new demand for industrial raw materials from the surrounding region, and (b) attracts new population to the cities, thereby increasing the demand for food from the countryside. The net effect of these forces is a â€Å"widening of economic development over an increasing area affecting a growing proportion of the population outside the city†(Hoselitz, 282). However, Lewis’ theory has several limitations and conditions, most importantly that his theory can be applied only in countries with unlimited supplies of labor. Unlimited supplies of labor arise from the employment of  more workers than is productively effective. Lewis went through all of the areas of Caribbean society where he thought there were pools of labour in which the marginal productivity was negative, negligible or zero. His plan now was to make this a potential, industrial labour force. He could take all of the labour away from agriculture, away from casual labour, without lowering the profit margins of the places where they are currently employed. This was not a radical, disruptive assault on the existing economic order, which resulted in one of the main reasons that his theory was so successful. Ineffective production, occurring when an additional worker prevented the previous one from producing another product (hence equaling a negative marginal productivity) was common in the Caribbean, Southeast Asia and other undeveloped regions of the world. Several sectors of the economy employ too many people with negligible, zero or negative marginal productivity. According to Lewis these productively unnecessary individuals are employed in agriculture, or are casual workers, petty traders, or women of the household. He claims that the transfer of these people’s work from these areas towards commercial employment is one of the most notable features of economic development. The second source of labor for expanding industries is the increase in the population resulting from the excess of births over deaths. After his analysis of the effect of development on death rate, whereby he concludes that â€Å"[death rates] come down with development from around 40 to around 12 per thousand†(144), he claims therefore that â€Å"in any society where the death rate is around 40 per thousand, the effect of economic development will be to generate an increase in the supply of labor†(144). From this point of view, he states, †Å"there can be in an over-populated economy an enormous expansion of new industries or new employment opportunities without any shortage of unskilled labor†(145), though too many people could again cause ineffective production. He clarifies this by saying, â€Å"Only so much labor should be used with capital as will reduce the marginal productivity of labor to zero†(145). This can be achieved by offering and maintaining decently high wages. The wages offered should be only slightly higher than the wages available in the subsistence sector, since wages that are too high may attract more workers than needed. But firstly, and perhaps most importantly, entrepreneurial-minded capitalists are required in order to invest in the nation. Tax holidays attract the foreign capitalists. It is not a very difficult task, because they have very good incentives to come. The planter class in the Caribbean seemed just like the planter class in the American South – it had no desire to go industrial and no desire to go competitive. It was still trapped in a situation between an old monopoly system and a market situation since they were able to negotiate for a protected market for sugar, not a competitive market. Lewis then looked around realized the only way he could keep this program of industrialization launched would be by visiting England and America where capitalists and entrepreneurs were flourishing and foster their entrance into the Caribbean. Again, he employed the concept of a dual economy where a subsistence sector existed, but also from where he created from scratch this modern industria l sector to establish on modern capitalism. Capitalists in North America and Europe found these labouring conditions and costs in the Caribbean quite attractive. Getting this labour to the imported capitalists would not be resisted locally because he was taking those labourers with marginal productivity of zero. Once they began working, he would then re-invest more capital into the factory, so that it could expand, employ more workers, export more products, and increase profits, hence developing a self-feeding system that would eventually lead the national income to grow. Although Hoselitz also is of the belief that the formation of a dual economy is beneficial, rather than necessarily attract foreign capitalists through such incentives, Hoselitz believes that the creation of westernized cities led the way forward. He claims that cities modelled after the Western cities exhibited a spirit difference from the traditionalism of the countryside. In this way, he differs slightly from Le wis in that he favored a shift in political power away from traditional leaders and toward total control by economic and urban modernizers in underdeveloped countries, not necessarily foreign entrepreneurial capitalist as Lewis asserts. Lewis knew that some products would work better than others, so he developed an Industrial Programming Market – a number of basic calculations about those particular commodities, if produced in the Caribbean, would be  particularly competitive internationally. And so as a result of this study Lewis found that the production of airbrushes, gloves, furniture, needles, shirts, and leather goods would be particularly good to produce, given the skills of the labour force available at the time. For the self-feeding system to be a continuous process, costs of labour had to remain fairly constant. If the cost of labour rose too rapidly, they would not be sustained since the goods would no longer be internationally competitive. The key to this model is indeed international competitiveness. Capitalists can create more capital when the supply of money is higher, and hence if governments create credit, inflation arises yet does not have the same effect as the inflation that arises durin g depression periods. This inflation only has an effect on the prices in the short-run so that in the long run the final effect equal to what it would be if capital was formed by the reinvestment of profit. Lewis discusses at some length the methods by which governments of underdeveloped countries can raise revenue, especially the substantial funds required for government capital formation. For familiar political and administrative reasons much of this revenue has to be raised from indirect taxes, notably import and excise duties and export taxes. He argues that indirect taxation is more likely to increase than to decrease the supply of effort: The taxpayer usually does not know how much tax is included in the prices of the articles he buys, so in so far as the disincentive effect of taxation is psychological it can be avoided by using indirect rather than direct taxes†¦ If it is an increase in indirect taxation, the effect is probably to increase effort rather than to reduce it (414). Because of the multiple restrictions in this model, it is designed for countries with unlimited supplies of labor and hence this growth has a limit: â€Å"The process must stop when capital accumulation has caught up with population, so there is no longer surplus labor†(172). Furthermore, if wages are too high, they may consume the entirety of the profit leading to no re-investment. Several other reasons for the end of capital formation vary; the occurrence of natural disasters, war or a change of political system can also prevent further economic expansion in a closed economy. Lewis’ model is powerful but also highly restricted and specific to only a handful of nations. Some critics also claim that the distinction between the two sectors is too sharp; that small-scale agriculture is often far from stagnant and the emergence of the production of cash crops by individual producers has in fact been a key instrument in economic development since capital formation is actually created in this type of agriculture. Also, this model requires low wages for the labor force, yet very low wages result in a wide gap between the lower and upper class in a society, an issue that many have questioned thoroughly. Lewis says openly that exploitation can easily occur in this model, but that it is part of capital accumulation. He believes that one has to sacrifice a generation to grow the economy, because he assumed that if all goes well and more consumers are attracted to Caribbean, they will generate more business, and the economy will grow to the point where the weal th can be redistributed to the people. He reckoned that it would take, given the rate of growth that he observed in the Caribbean, one generation, thus a period between 40 and 50 years, to grow the economy and claim that poverty could be eradicated in this region. And yet the cost of this would be exploiting this generation, so that their children could benefit from it later. Hoselitz, as stated earlier, applied the ideas of Parsons and other sociologists to an analysis of the development process under the assumption, drawn from Adam Smith, that increasing productivity was associated with more detailed social divisions of labor: A society on a low level of economic development is, therefore, one in which productivity is low because division of labor is little developed, in which the objectives of economic activity are more commonly the maintenance or strengthening of status relations, which social and geographical mobility is low, and in which the hard cake of custom determines the manner, and often the effects, of economic performance. An economically highly developed society, in contrast, is characterized by a complex division of social labor, a relatively open social structure from which caste barriers are absent and class barriers are surmountable, in which social roles and gains from economic activity are distributed essentially on the basis of achie vement, and in which, therefore, innovation, the search for and exploitation of profitable market situations,  and the ruthless pursuit of self-interest without regard to the welfare of others is fully sanctioned. (Hoselitz, 1960: 60). These preceding theories both provide us with some preliminary indications and developments of views of modern social orders broader than that envisaged in the initial models provided. They stress the historical dimensions of the process of development, emphasizing that this process is not universal, something in the very nature of humanity or in the natural development of human societies. Instead, the modernization process is fully bound to a certain period in human history, even though in itself it is continuously developing and changing throughout this period. Development and the challenges it brings forward constitute a basic given for most contemporary societies. Though it certainly is pervasive in the contemporary setting, it is not necessarily irreversible in the future, and it would be wrong to assume that once these forces have impinged on any â€Å"society†, they naturally push toward a given, relatively fixed â€Å"end-plateau.† Rather, as we have seen, they evoke within different societies, in different situations, a variety of responses which depend on the broad sets of internal conditions of these societies, on the structure of the situation of change in which they are caught, and the very nature of the international system and relations, whether those of â€Å"dependency† or of international competition. Section 2 5) Briefly outline David Ricardo’s theory of comparative advantage; then outline in greater detail Samir Amin’s theory of periphery capitalism and why he thinks that trade between the central and peripheral capitalist economies does not meet the conditions of Ricardo’s theory In 1817, David Ricardo, an English political economist, contributed theory of comparative advantage in his book Principles of Political Economy and Taxation. This theory of comparative advantage, also called comparative cost theory, is regarded as the classical theory of international trade. According to the classical theory of international trade, every country will produce their commodities for the production of which it is most suited in terms of its natural endowments climate quality of soil, means of transport, capital, etc. It will produce these commodities in excess of its own requirement and will exchange the surplus with the imports of goods from other countries for the production of which it is not well suited or which it cannot produce at all. Thus all countries produce and export these commodities in which they have cost advantages and import those commodities in which they have cost disadvantages. Ricardo states that even if a nation had an absolute disadvantage in the production of both commodities with respect to the other nation, mutually advantageous trade could still take place. The less efficient nation should specialize in the production and export of the commodity in which its absolute disadvantage is less. This is the commodity in which the nation has a comparative advantage. Ricardo takes into account the following assumptions: there are two countries and two commodities; there is a perfect competition both in commodity and factor market; cost of production is expressed in terms of labor; labor is the only factor of production other than natural resources; labor is homogeneous i.e. identical in efficiency, in a particular country; labor is perfectly mobile within a country but perfectly immobile between countries; there is free trade; production is subject to constant returns to scale; there is no technological change; trade between two countries takes place on barter system; full employment exists in both countries; there are no transport costs. In 1973, Samir Amin, an Egyptian political economist, begins his dialogue in Unequal Development by referring to Marx’s writing on non-European societies, namely India and China, and creates a work in which he reevaluates Peter Evans theory of Dependent Development and simultaneously presents his theory of peripheral capitalism in developing societies. He shows how these early ideas established the notion of the centre and the periphery, and how â€Å"the development of capitalism in the periphery was to remain extraverted, based on the external market, and could therefore not lead to a full flowering of the capitalist mode of production in the periphery†(199). He then begins to develop his own theory of the transition to peripheral capitalist economy by questioning David Ricardo’s assumptions in his theory of comparative advantage, and later outlines nine theses to support his views. Peripheral capitalism is based on, but not identical to, the imperialistic relationships developed between colonizing nations and their colonies. In this economic relationship, the players are the same – the colonizing nation becomes the center, while the colony becomes the periphery – but the role that each society plays is different from the classic imperialist relationship. The peripheral economy is marked by extreme dependence on external demand, or extroversion, as well as stunted and unequal rates of development within the society. Amin maintains that in order for these societies to break free of extroversion and develop, they must be actively removed from the peripheral capitalist relationship. He proposes nationalization and socialization as an alternative, a system which-when contrasted with peripheral capitalism-could not be a more different approach to economic development. Unfortunately for the developing nations, socialism was largely uns uccessful as an economic experiment, consistently causing stagnation and underdevelopment in societies that attempted it. Peripheral capitalism evolves from colonial imperialism, an economic system in which the colonizing nation penetrates deep into the heart of the colonial economy in an effort to manipulate it towards the benefit of the mother country. Every aspect of the colonial economy is geared not towards the expansion of the colonial economy itself, but rather towards the production of something that the colonizing nation cannot produce itself. As a result, the success and the existence of a particular sector of the colonial economy is dependent upon whether or not the mother country has a need for that sector; colonial economies are rooted heavily in external demand. This extroversion leaves the colonial economy without an indigenous set of linkages, as economic sectors that will benefit from colonial activity function mostly within the economy of the colonizing nation. When autocentric, or internally-driven, economic growth is blocked in such a way that a peripheral economy emerges with the sa me sort of external dependence on the central economy that was suffered by the colonial economy. The peripheral economy is typically plagued by an unequal division of labor, or specialization, between itself and the central economy. While the latter enjoys the benefits and progress associated with industrialization, the periphery tends to remain predominantly agricultural. What little industry may exist in the peripheral economy is most often light industrial production of small, simple goods, as opposed to the heavy industrial production of machinery and complex products that characterizes the central economy. Additionally, Amin argues that there is often a â€Å"hypertrophy of the tertiary sector†(200) of the peripheral economy; too much of the economy is devoted to providing services, â€Å"expressed especially in the excessive growth of administrative expenditure†(201) effectively anchoring the societys development due to a lack of productive advancement. Yet another malady of the peripheral economy is the reduced value of the local ‘multiplier effect’, another result of the remnants of economic infrastructure modification from the colonial period. If an economy is replete with linkage sectors, then any money put into the leading sector will generate a multiplied effect in all of the forward and backward linkages of that industry. Peripheral economies, however, are effectively stripped of linkages during their colonial phase of development hence spending in the peripheral economy ultimately benefits the central economy, where most of the peripheral industries linkages are realized. Not only is the local multiplier effect reduced in the peripheral economy, but Amin claims that it also leads to â€Å"the marked propensity to import†(201), and thus is in effect transferred to the central economy, where revenue is collected every time money is spent in the periphery. Because peripheral input ultimately goes abroad, loc al businesses are not stimulated, as they would be if linkages were realized within the periphery, worsening the already-detrimental conditions of the peripheral economy. Adding to the lack of stimulation of local business is the fact that peripheral industries tend to be dominated by monopolies established from foreign capital. After the majority of revenue goes to the central economy through linkage industries, what little money remains in the local economy is often put into businesses controlled by central capitalists. In other words, almost every dollar put into the periphery ultimately finds its way to the central economy. In Unequal Development, Amin maintains that no economy can be expected to develop without successfully making the transition from extrovert to introvert so that it can â€Å"assert the dominance of the exporting sector over the economic structure as a whole†(203), and that no peripheral capitalist economy can independently heal the economic wounds inflicted by colonialism. Therefore, the only way to promote development in peripheral capitalist economies is to actively remove them from their disadvantageous relationship with the central economy, which, according to Amin, should be replaced by internal nationalization and socialization of the once-peripheral economy. The establishment of a nationalist socialist state would serve both to eliminate external dependence, as well as to reconcile the disarticulated nature of the local economy. The first critique of Ricardo’s theory made by Amin is its lack of specificity – claiming that his examples of trade between Portugal and England were very exclusive to intra-European trade and could not exactly be applied to relations between several different country relations around the World. If there is a large difference in GDP between two countries, then what statistics demonstrate is that the country with the smaller GDP would benefit more from this transaction, and this was â€Å"the source of special problems that dictate[d] development policies in the periphery that [were] different from those on which development of the West was based†(201); a factor that Ricardo hadn’t considered it in his theory. Another vital yet neglected consideration was the importance of the commodity in terms of a nations’ GDP: wine was a big section of the Portuguese GDP, greater than it was for England, so the trade benefited the Portuguese to a greater extent than it did to the British. He elaborates upon this idea by explaining how the relation between central and periphery assumes the mobility of capital, since the centre is investing greatly in the periphery. What the periphery chooses to specialize in is to a large extent determined by the centre, since very often the selection comes after it has been forced to serve the imperial country. As he clearly states, this type of trade â€Å"compels the periphery to confine itself to the role of complementary supplier of products for the production of which it possesses a natural advantage: exotic agricultural produce and  minerals†(200). The result is a decrease in the level of wages in the periphery for the same level of productivity than at the centre, hence limiting the development of industries focused on the home market of the periphery. The disarticulation due to the adjustment of the orientation of production in the periphery to the needs of the centre prevents the transmission of the benefits of econo mic progress from the poles of development to the economy as a whole. Overall, this is what Amin defines by ‘unequal specialization’, which in turn violates the conditions of Ricardo’s theory. Another argument that Amin makes involved the Keynesian multiplier effect. He claims that this effect does not take place to the situation at the centre because of its advantaged stage of monopoly, characterized by difficulties in producing surplus. Due to this unequal specialization as well as the significant propensity to import that follows, the effect is a transferring of multiplier effect mechanisms and the accelerator theorem from the periphery to the centre. Furthermore, Amin includes the social aspect of this process, which is a result of the individual history of each nation and the power imbalance created. Amin finds that the nature of the pre-capitalist formations that took place previously and the epoch in which they became integrated in the capitalist system are both very important factors in determining the presence or lack of development to come. He also draws a line between two different terms, ‘peripheral formations’ and ‘young central formations’, whereby the latter, based on the predominance of a simple commodity mode of production, are capable of independently evolving towards a fully developed capitalist mode of production. Amin terminates by asserting â€Å"the domination by central capital over the system as a whole, and the vital mechanisms of primitive accumulation for its benefit which express this domination, subject the development of peripheral national capitalism to strict limitationsâ₠¬ (202). These countries would hence not gain equal benefits under this trade, only if the patterns of specialization were undertaken in more ideal conditions, conditions that approximated Ricardo’s theory more closely. Rather than being a positive force for development, this type of trade becomes a force created under development. It will contribute to development in the centre, and underdevelopment in the periphery. He concludes that this inevitably hinders the development of peripheral nations: â€Å"the impossibility, whatever the level of production per head that may be obtained, of going over to auto centric and auto dynamic growth†(202).

Case Study of Globalisation in Indonesia

Case Study of Globalisation in Indonesia Globalisation Globalisation encompasses increased international economic integration, evidenced by growing global markets, global resource flows, transnational corporations, global consumption patterns and intergovernmental agreements, resulting in economies becoming more interconnected through: Increased trade of GS globally Increased global flows of production factors or resources (foreign capital, labour, and technology) Increased foreign investments, resulting in technological transfers Increased private savings or finance globally Harmonisation of the business cycle for globalised economies Increased economic interdependencies Increased growth of size and quantity of TNCs with global operations Increased global consumer trends Increased inter-government consultations/agreements to manage economic contacts and disputes Globalisation has allowed the Indonesian economy to reform to be in accordance with competitive economic growth rates. Globalisation represented the catalyst for Indonesia’s sustained growth once the oil boom of the 1970s subsided, as it allowed international exporting of manufacturing goods, made possible by uniform technological advancement with strong economies, leading to a GDP drop of only 2.6%. Influence of Globalisation on the World Globalisation has had lasting impacts on the globally integrated economy regarding trade, global financial and investment flows, and transnational corporations. Global market growth is initially evident through growing trade links of GS between countries (incorporating consumer GS, capital goods and intermediate GS); as validated by increased global GDP from 12% in 1964 to 48% in 2010 for trading. Figure 1 – The Economy and Global Markets The table exposes globalisation through countries’ high trade dependencies (the importance of exports/imports compared to a nation’s GDP); with scattered countries withholding high trade dependencies, validating the presence of increasingly necessary global trade-flows (outliers affected by externalities including war/civil strife, increasing trade dependency). Globalisation is highlighted by the GFC affecting trade dependencies systematically, where all high dependency nations had lowered percentages, losing 20% a year following the GFC, but in 2011 all these nations’ trade dependencies began to harmonise again. Similarly, low trade dependency nations reduced in trade dependency in 2009, but re-harmonised in 2010. By the circular flow model, exports are injections into the flow, whilst imports are leakages. Thus, increased exports increases the total sales of firms, which motivates increased output and increased GDP. Increased GDP yields increased factors of production, which raises household income, further encouraging more consumption spending, and savings, with taxation revenue obtained by the government sector. Imports, contrastingly, increase access to more GS, and puts pressure on local firms to be more efficient as a means of competing with imports (a lack of competition will void efficiency and resources, leading to ceilings placed on the economy’s total supply). This is shown especially with technology, as a means to keep on par with high-income economies. Global financial flows undertook exponential increase from 1975 to the GFC due to globalisation, inducing: Expanding international trade equivalent twice real GDP growth Expanding international direct investments thrice real GDP growth (before 2001) Expanding international equity investment is ten times real GDP growth Increased global private capital-flows grew from 10% of GDP in 1990, to 32% of GDP in 2005 Figure 2  ­Ã¢â‚¬â€œ Global Capital Inflows $US billion Furthermore, the growth of private savings flows inter-economically is emphasised by: Direct Investments: A purchase allowing foreign investors to exercise control of foreign assets for future decisions. Portfolio Investments: A purchase of equity of foreign assets, but unlike direct investments, there is little control, growing more than direct investments, seen in Figure By the circular flow model, the inflow of these foreign savings increases local savings for financing investment expenditures. FDI promotes technological imports, increasing productive efficiency Due to globalisation, TNCs are able to create subsidiaries internationally to expand global production facilities. Figure 3 – Geographic Distribution of Foreign Subsidiaries of US-based TNCs Figure 3 highlights that coherent national links allows scattering of foreign subsidiaries, increasing high-income nations, increasing confidence of cultural integration of foreign subsidiaries, resulting in increased amount of financial resources due to increase in world GDP. Anti-trust legislations provide lesser ability to expand domestically, but provide incentives to grow via international expansion. Finally, globalisation pressures transnational management to achieve growth due to vast amounts of competition, by entering new markets. Economic Strategies Being Utilised Indonesia’s emerging economy is subject to economic strategies used as part of the globalisation process to promote economic growth and development, including exploitation of oil prices, forced structural change, export-oriented development strategy for non-oil sectors and IMF appeals. Suharto’s government (1967-1998) yielded abrupt changes in Indonesian economic development strategies to surmount government indebtedness, in attempts to increase investment levels for public and private economic sectors to achieve economic growth and development by expansion of heavy industries. In the 1970s, FDIs and foreign loans provided savings, with 50% of funds used for investments in the Indonesian non-oil sector. Suharto’s strategy, centric on labour intensive consumer goods manufactures (including textiles and clothing) instead of heavy industry, had been an import-substitution behind a protective tariff. Indonesia’s prevalent state-owned oil company: ‘Pertamina’ provided ~70% of total exports, with government-independent strategies to spend on steel mills and increase its foreign loans. The 2000% rise in oil prices from 1973 to mid-1980s resulted in exponential increase of oil and LNG export earnings from US$641m to US$10,600m. With vast funds, the Indonesian government realised many domestic private firm conglomerates expanded exponentially (aided by military, contracts, credit and restrictions on competition), leading to structural change with greater investments in heavy industries such as steel, petrochemicals, oil-refining, and plywo od industries possible by export restrictions of logs (validated by a $3899m increase in plywood exports from 1981 to 1996). Due to a subsiding oil boom, the Indonesian government prioritised non-oil exports, so foreign exchange earnings increased to sustain payments and government-sector debt pressures. This shifted focus of manufacturing sectors from domestic markets to export markets to satisfy this instability, aiming to: Increased rupiah devaluation to increase international competitiveness, resulting in decreased wage costs compared to nations including Thailand and Malaysia. Although, the devaluated rupiah results in more expensive imports and cheaper exports, motivating greater export quantities in labour intensive industries, predominantly clothing and textiles. Improved foreign savings access, leading to individuals in the 1990s with foreign investments exceeding US$50m was permitted complete foreign-ownership. Despite this, many foreign-restrictions remained including compulsory local partners, and lowered ownership shares for foreign firms within the joint venture as time progresses. Similarly, the strategy aims to decrease regulatory controls within private firms, motivating greater foreign savings access without government-control (unaffordable governmental trade obligations). Increased tariff reduction on goods to motivate cheaper inputs, increasing economic-efficiency, and motivating international negotiations so export markets are more accessible internationally. Deregulated financial sector to increase competition between dominant state-owned banks and newer domestic/foreign banks, to create private sector independence, achieving greater private investment expenditure than investment spending in the public sector by the 1990s. Due to financial institution debt issues and collapsing property booms within Indonesia, there was capital flight (when assets, money or resources quickly flow out of a country) and collapsed exchange rates with 14000 rupiah to each US$, developing into lacking foreign reserves and desperate appeals to the IMF. These pleas led to an IMF rehabilitation program: Rising interest rates to support the rupiah and to remain stable in the vastly expanding inflation rates (58.5$ in1998) Financial reforms, with dominant banks closing, others nationalised so the government was able to support it, to avoid medium-term collapse in credit availability, but exponential debt issues made this is a difficult issue to mitigate in the short term Rising unemployment due to collapsing credit, with real GDP falling 13.2% from 1998-99 Lowered government spending to alleviate pressures to remain dominant in food subsidies The Impacts of Globalisation on Indonesia Globalisation has impacted Indonesia’s emerging economy in its placement in the globalisation process, primarily inadvertently led by proposed economic strategies relating to primary export sectors, structural economic change and IMF rehabilitation. Figure 4: PERCENTAGE INDUSTRY CONTRIBUTIONS TO GDP OF INDONESIA Figure 4 highlights globalisation triggering increased oil prices and motivating a structural change, emphasised by a predominant mining sector growing until the early 1980s, with successful oil exporters hindered when world recession and inflation in stronger high income economies reduced oil demands during low 1980s. Lowered demand motivated replacements to oil and developing oil-saving technologies, shifting world-energy usages for the following two decades: increasing exports for alternative energy including coal for electricity and heating. Integrated global markets, for primarily fuels, yielded: Lowered export earnings due to lowering oil prices, which decreased by half in the low 1980s to 1986 (dropping to US$12/barrel) Lowered account balance from US$2.2b surplus to US$7.0b deficit from 1980 to 1983, increasing pressure on Indonesian currency (rupiah) and stability of foreign reserves, further disadvantaged by economic nationalism movements deterring FDIs. Government debt repayments grew US$933m from 1975 to 1985, increasing dependence on foreign aid and loans, diminishing effects of their financial export predicament. The predicament shone imperfections to Indonesia’s economic development strategies – unable to produce positive outcomes elsewhere within Eastern Asia, demonstrating that oil exports were unreliable for economic development and nationalism in being globally integrated. These unreliable economic-development-strategies were: Import-substitution strategy allowing public and private firms to develop coherent links with law-makers in low competition and high-protection business environments Military involvement within Parliament, granting specific business operations Attempted sustained economic growth up to the late 1990s and early 2000s from oil lacked cash inflow, leading to increased bureaucrats supporting economic reform, coming with greater influence as the Indonesian government pursued reliable economic strategies focusing on non-oil exports Figure 5: ECONOMIC GROWTH: ANNUAL CHANGE IN REAL GDP Indonesian growth 1991 onwards validates a link between oil’s global demand, and sustained economic growth correlating closely to Malaysia and Thailand, despite weak oil prices. Figure 6: GROWTH IN PRODUCTION, BY SECTOR, IN INDONESIA Figure 6 correlates to slower growth rates with the uprising mining sector from 1980 until early 2000s, accommodated by the AFC in 1997-1999 resulting in lowered GDP, but nonetheless, manufacturing reigned as the leading emerging economic sector from 1990-2002. This Indonesian financial crisis was motivated by centralisation of power within the Suharto government, leading to an undesirable focus of power on those within personal favour of his regime including the president and close family, leading to increased consumption of wasted funds and greater earnings from external, mostly illegal sources of activity. However, reforms in the financial sector during the mid-late 1990s (highly demanded by foreign aid donors), lead to unsustainable increases in deregulation, and increased avoidance to prudential regulation and build-up of private foreign sector debt, correlating to ‘boom-like property developments’, and hence a worsened financial problem for Indonesia on the basis of its coherence within the global market and its highly demanded exports. Due to globalisation, and other nations building upon Indonesia’s oil/non-oil exports, the outcomes of reforms were that private banks and governments responded more to induced pressure from lending negotiations, with the Central Bank/Bank of Indonesia supporting these lending banks through liquidity, with 60-70% liquidity credit siphoned off upon reaching these banks. Resultant of Thailand’s financial institution failure (sporadic lending on property development), and Indonesia’s cash demand, an increased flow of money from Thailand into Indonesia (due to close economic exporting ties), resulted in bank collapse and lowered exchange-rates, developing into business closures and lowered credit availability, meaning extreme unemployment within Indonesia, to which the IMF provided rehabilitation. The influx and dependence of currency from Thailand forced an increase in closure of small banks in early 1998, resultant from lending to their respective shareholders at unsustainable rates, forming non-performing loans unable to be repaid. Alongside foreign aid and loans, recapitalisation of banks costed 50% of Indonesia’s GDP in early 2000s. AVOIDING THE GFC – ECONOMIC STRATEGIES AND RESULTANT IMPACTS Increased resource demand from Indonesia to China, lead to an influx of funds promoting Indonesia’s economic growth, producing greater diversification of oil/gas exports, with 2008 bringing exports of 190m tonnes of coal, rivalled by Australia’s 126m tonnes. One of the leading environmental controversies arisen through Indonesian exports is palm oil (alongside China makes up a third of global imports), involving deforestation and peat burning, which forms greenhouse gases and has become Indonesia’s leading source of air pollution. With forest-derived products being a competitive industry due to its significance on Indonesia’s cash influx, illegal logging provided an unexpected ‘edge’ within competing businesses – with up to 73% of forestry products being manufactured from illegal manufacturing methods. Following economic recession of the AFC, Indonesia’s success during the GFC (shown in Figure 5) was due to: Less reliance on trade (exports pertaining to 30% of nominal GDP) especially between high income markets such as Singapore, Malaysia and Thailand Declining inflation motivated private consumption, accounting for ~60% of GDP Healthy harvests maintained higher income for farming jobs, increasing consumption Increased provision of economic stimuli motivated by political favour of the Democratic Party during 2009 elections, providing grants to 18.5m poor households with tax-cuts part of the fiscal stimulus package with lowered exports during the GFC. Since imports declined more than exports, net exports are the contributors to GDP growth. The government introduced pay-rises for civil servants to quicken budget expenditure to reduce risk in sudden investment declines in manufacturing industries. The resultant budget deficit in 2009 was ~2.6% of GDP Emphasis on exports in Indonesia meant that stimulus distributed within China temporarily recovered the flow of resource income as prices and quantity of exports recovered Indonesian banks were motivated by the 3.0% lowered interest rates, meaning increased repaid loans, reduced lending availability and decreased credit demand. Negotiating with China, loan/swaps were achieved (exchanging cash flows) such that Indonesia was protected from sudden outflows of savings or lacking borrowing ability of banks

All About HIV and AIDS Essays -- The AIDS Epidemic 2015

AIDS (Acquired Immune Deficiency Syndrome); HIV is the etiological agent of AIDS leaving the body vulnerable to a variety of life threatening diseases (8). Transmission: AIDS is transmitted from the HIV virus through blood, semen, vaginal secretions, and breast milk to others from infected host (1). The virus can be spread through sexual contact by oral, vaginal, or anal sex; receiving a blood transfusion, injection involving needles, artificial insemination and organ transplants from an infected donor. Transmission from mother to child during pregnancy (intrauterine) from shared blood circulation while in fetus, delivery, or after pregnancy when nursing infant from breast milk of infected mother (9). The exact mechanism of mother to child HIV/AIDS transmission is still unknown (9). Reservoirs: Infected human. Latent reservoirs include CD4 and T-Cells. Reservoirs are still not fully understood (1). General Characteristics: The stages leading to diagnosis of AIDS include Acute HIV infection detected within a few weeks to months, asymptomatic HIV infection having no symptoms, early symptomatic HIV infection, to advanced HIV infection known as AIDS (13). A CD4 count test resulting in less than 200 cells/mm3 is used for diagnosis of AIDS even when the patient shows no symptoms (8). Specific illnesses found only in patients that have AIDS are used to determine further testing for a positive diagnosis. Tests for HIV can be used to identify AIDS. HIV is diagnosed by blood tests involving two or more positive ELISA tests that have been confirmed by a Western blot assay (6). Test include third-generation, fourth-generation, rapid tests, HIV RNA tests, confirmatory tests, STARHS and home sampling tests (6). Once conf... .... http://www.who.int/hiv/data/2011_epi_core_en.png http://www.who.int/topics/hiv_aids/en/ 11. United States. â€Å"Texas HIV Slide Set 2010.† Texas Department of State Health Services. 2010. Web. 4 May 2012. http://www.dshs.state.tx.us/hivstd/reports/default.shtm 12. Goodman, Brenda MA. â€Å"Most Americans with HIV Don’t Have Infection Under Control.† WebMD. 29 Nov. 2011. Web. 6 May 2012. http://www.webmd.com/hiv-aids/news/20111128/most-americans-with-hiv-dont-have-infection-under-control 13. Dugdale, Vyas, Zieve, ADAM. â€Å"AIDS.† MedlinePlus. 9 June 2011. Web. 6 May 2012. http://www.nlm.nih.gov/medlineplus/ency/article/000594.htm 14. Department of Health and Human Services. â€Å"HIV/AIDS.† National Institute of Allergy and Infectious Diseases. 05 Jan. 2009. Web. 6 May 2012. http://www.niaid.nih.gov/topics/hivaids/understanding/howhivcausesaids/Pages/howhiv.aspx

The Works of J.D. Salinger Essay -- Biography Bio

J.D. Salinger: The influence of an author and his writings on 1950s America The end of World War II and the beginning of the 1950s saw a time of prosperity and success in mainstream America. Less than a decade after the United States allied with Great Britain and the Soviet Union, forming one of the most powerful forces in history to defeat the axis powers in the war, the U.S. was deeply entrenched in a nuclear arms race and "Cold War" with the Soviet Union. As a result, the country put on a collective fa†¡ade of stability and strength to cover up many injustices that were taking place during the time. Americans, equipped for the first time in a long while with a good amount of money, flooded to the suburbs and replaced any sorrows they might have had with material products and consumerism -- creating an America of conformity and extravagance that Salinger would devote much of his writing to critiquing. With the publication of Catcher in the Rye in the summer of 1951, America was introduced to Holden Caulfield, a character who would continue to remain in the American psyche for over half a century. Holden was the voice of this young generation who did not seem to have the same conformist attitudes or mainstream goals as their parents. Predictably, this critique of society and questioning of traditional American values was quickly met with an attempt to censor the message of dissent. Beginning in 1954 and continuing for decades, Catcher was criticized for its cynical tone, its "un-American" content, and its foul language ("237 goddams, 58 bastards, 31 Chrissakes, and 1 fart," according to one complaint" Steinle 3). But despite this controversy, and no doubt at least partially because of it, countless numbers of Americans read ... ...es H. "Incommunicability in Salinger's The Catcher in the Rye." Western Humanities Review, XI (Spring 1957), 188-190. (Reprinted in Studies in J.D. Salinger by Marvin Laser and Norman Fruman). Lomanzoff, Eric. "The Praises and Criticisms of J.D. Salinger's The Catcher in the Rye" (1996) www.levity.com/corduroy/salinger1.htm Pinsker, Sanford. "The Catcher in the Rye and All: Is the Age of Formative Books Over?" The Georgia Review 50: 4 (1986): 953-967. Salinger, J.D. The Catcher in the Rye. New York: Little, Brown and Company, 1951. Salinger, J.D. Nine Stories. New York: Little, Brown and Company, 1953. Steed, J.P. The Catcher in the Rye: New Essays. New York: Peter Lang Publishing Inc., 2002. Steinle, Pamela Hunt. In Cold Fear: The Catcher in the Rye Censorship Controversies and Postwar American Character. Columbus: Ohio State University Press, 2000.