...Political Science Paper “When the United States sneezes, the rest of the world catches a cold” - (Anonymous). The chain of events arising from the international economic crisis originating from the initial disaster in the United States has affected the vast majority of countries in one way or another. The amount of influence ranges from economic devastation of some nations at one end of the spectrum to national growth and prosperity at the other. In order to deal with the global crisis, countries have used an array of economic policies and programs in order to either revive their failing financial system or to maintain momentum of a successful market for the future. This includes attempts to either spark capital flow and revenue from increased bailouts and massive stimulus packages or to keep an economy’s health and maintain its fiscal impetus through increased export, trade, and international relations. Upon investigation of the various efforts used to deal with the crisis it is clear that realistic approaches of enhanced international cooperation and exports as well as responsible, conservative government policies are the most proficient way to properly fuel an economy. The worsening condition being experienced by the global economy has appeared to stem from the United States’ financial crisis and its ensuing economic ripple-effect across the world. Because of the U.S.’ large role as one of the main superpowers in the global community, the crisis has become widespread...
Words: 2474 - Pages: 10
...This is a document that does not bind and therefore the government is not legally obligated to it as it sets out how the existing rights standards apply to how the rights of indigenous people are protected and recognized in different nations. This declaration helps to reduce the level of discrimination which countries with different cultures treat the indigenous and also improve their situation globally. The declaration and other instrument are significant since the indigenous people are consulted prior to any decision on their property or even their territories so that they can be aware of what’s going on. If they are not consulted then they have the right to be compensated for violation of those rights. Conflicts can now be resolved fairly and mutually without being biased on one group of people by following acceptable procedures to resolve such conflicts between the states and the indigenous people. This includes procedures such as arbitration, mediation and negations. If the problem persists regional, national, and international courts are involved so that the best mechanisms can be put up for disapproving and human rights violation are examined. The instruments are significant as they now affirm equity among different individuals in the states. The aboriginal can be treated equally and be respected like any other citizen. These people can now consider themselves same as the others. All services to be offered to the public are distributed to all people in the country. The...
Words: 2095 - Pages: 9
...ADP Automatic Data Processing ADR Alternative Dispute Resolution AE Account Executive AED United Arab Emirates AFL-CIO American Federation of Labor and Congress of Industrial Organizations AFSCME American Federation of State, County and Municipal Employers AJB Americas Job Bank ALC Alien Labor Certification ALEX Automated Labor Exchange ALJ Administrative Law Judge ALM Asset Liability Management AM Asset Management AMA 1.) American Management Association 2.) American Medical Association AMPS Auction Market Preferred Stock ANSI American National Standards Institute AP Accounts Payable AR Accounts Receivable APB Accounting Principles Board APR Annual Percentage Rate APV Adjusted Present Value APY Annual Percentage Yield ASAE American Society of Association Executives ASB Accounting Standards Board ASHHRA American Society for Healthcare Human Resources Administration ASME American Society of Mechanical Engineers ASSE American Society of Safety Engineers ATB Accountants Trial Balance ASTD American Society for Training and Development ATB Across the Board ATO 1.) Administrative Time Off 2.) Asset Turnover ATOI After Tax Operating Income ATU Annual Tax Unit AWL Actual Wage Loss AWOL Absent Without Leave AWW Average Weekly Wage...
Words: 3803 - Pages: 16
...Thailand 3 What China would want from Thailand 3 What are the Chinese needs ? 3 What can Thailand provides to China in this optic ? 4 China and Thailand relationships 5 Thailand and its neighbours 7 ASEAN7 Myanmar8 Laos 8 Cambodia 8 Vietnam 9 Thailand and USA9 Relations threw the history9 Economic relations10 Current bilateral issues 11 Strategies11 Geopolitical imperatives11 Strategies with historical evolution 12 Conclusion 15 Bibliography 15 I. Introduction 1.1 Geographic location in Asia Totaling 513,120 km² Thailand is the world's 51st-largest country by total area. 1.2 Economy of Thailand Thailand is an emerging economy and considered as a newly industrialized country.It exports an increasing value of over $105 billion worth of goods and services annually.> Thai rice, textiles and footwear, fishery products, rubber, jewellery, cars, computers and electrical appliances. Its Substantial industries are : electric appliances, tourism (6%), sex tourism and prostitution…It also has a GDP worth US$602 billion. This classifies Thailand as the 2nd largest economy in Southeast Asia, after Indonesia.It is the 4th richest nation according to GDP per capita, after Singapore, Brunei and Malaysia. Finally the IMF has predicted that the Thai economy will rebound strongly from the low 0.1% GDP growth in to 7.5% in 2013 thanks to the accommodative monetary policy of the Bank of Thailand and the actual policy. 1.3...
Words: 4301 - Pages: 18
...modernisation and dependency theory, the similarities and differences between them and it will evaluate which one is more convincing. Modernization is an imposing theory around many different disciplines for the reason that it attempts to explain how society develops and what variables are involved in the development and how society react to these changes looking at internal factors such as social and cultural structures. As Diana Kendall mentions, "Urbanization accompanied modernization and the rapid process of industrialization." (Kendall 2007) Modernization theory has developed in three different parts; the first part appeared in the 1950s and 1960s, when the dominance of materialistic western, individualist culture and individual achievement became the influential and dominant way of life during this period of time. The second part of modernization theory is part of the “idea of progress” that was accepted in the 1980s with the thought of people themselves could develop and transform their society. The last part of modernization theory takes place in the 1990s and it tries a more neutral approach without being in favor or against western modernization. Rather it attempts to expose the disagreements in the modernization process and to explain the consequences of modernity for individuals in contemporary society (Giddens, 1991a, 1991b). Giddens showed that traditional society is based on direct interaction between people living close to each other. Modern societies stretch...
Words: 1461 - Pages: 6
...INTERNATIONAL HRM The emphasis throughout this book has been on HRM as it is practice in organizations in the United States. But many of these firms also engage in international trade. A large percentage carry on their international business with only limited facilities and representation in foreign countries. Others, particularly Fortune 500 corporations, have extensive facilities, and personnel in various countries of the world. Managing these resources effectively, and integrating their activities to achieve global advantage, is a challenge to the leadership of these companies. We are quickly moving toward a global economy. While estimates vary widely, approximately 70 to 85 percent of the U.S. economy today is affected by international competition. Recent popular books have suggested that many U.S. companies need to reassess their approach to doing business overseas, particularly in the area of managing human resources. To a large degree, the challenge of managing across borders boils down to the philosophies and systems we use for managing people. In this chapter we will observe that much of what is discussed throughout this text can be applied to foreign operations, provided one is sensitive to the requirements of a particular international setting. The first part of this chapter presents a brief introduction to international business firms. In many important respects, the way a company organizes its international operations influences the type of managerial...
Words: 11547 - Pages: 47
...cultural issues affecting trade, mutual interests, education and the fact that mutual respect plays a pivotal role in allowing the relationship to flourish. These changes are revised over time to enable the international relations not to be affected by adverse global developments. Ensuring a stable state of political affairs in Egypt shall be imperative in ensuring the relations do not deteriorate. The training that Canada appropriates for Egyptian diplomats should be given more emphasis. Egyptian borders should be rendered impervious to the ISIS onslaught. Table of Contents Introduction 4 Issues Affecting Business Relations between Canada and Egypt 4 Mutual Respect, Mutual Benefit 4 Common Interests 4 Changes over the Past Decade 5 Disarmament 5 La Francophonie 5 Other Areas of Cooperation 6 2025 Outlook 6 La Francophonie 6 Cultural Exchange 6 Recommendations 7 Political Stability 7 Middle East Tensions 7 Conclusion 7 References 8 Appendix 9 Introduction: How the Relationship between Canada and Egypt has developed, the Current Situation, and Expected further Developments (2005 – 2015) International relations between Canada and Egypt were forged during the construction of the Suez Canal, when Canada intervened to help solve a crisis in 1956 (Government of Canada, 2012). Both countries...
Words: 2462 - Pages: 10
...Resolution adopted by the General Assembly [without reference to a Main Committee (A/55/L.2)] 55/2. United Nations Millennium Declaration The General Assembly Adopts the following Declaration: United Nations Millennium Declaration I. Values and principles 1. We, heads of State and Government, have gathered at United Nations Headquarters in New York from 6 to 8 September 2000, at the dawn of a new millennium, to reaffirm our faith in the Organization and its Charter as indispensable foundations of a more peaceful, prosperous and just world. 2. We recognize that, in addition to our separate responsibilities to our individual societies, we have a collective responsibility to uphold the principles of human dignity, equality and equity at the global level. As leaders we have a duty therefore to all the world’s people, especially the most vulnerable and, in particular, the children of the world, to whom the future belongs. 3. We reaffirm our commitment to the purposes and principles of the Charter of the United Nations, which have proved timeless and universal. Indeed, their relevance and capacity to inspire have increased, as nations and peoples have become increasingly interconnected and interdependent. 4. We are determined to establish a just and lasting peace all over the world in accordance with the purposes and principles of the Charter. We rededicate ourselves to support all efforts to uphold the sovereign equality of all States, respect for their territorial integrity...
Words: 3263 - Pages: 14
...Colombia and the largest gas and oil company is South America: TABLE OF CONTENTS 1. COLOMBIA ………………………………………………………….………………………3 HISTORY……………………………………………………..…………………………..3 POLITICS…………………………………………………..……………………………..3 FOREIGN RELATIONS…………………………………………………….……………5 FOREIGN RELATIONS WITH THE U.S………………………………………..………6 FOREIGN POLICY DECISION MAKING………………………………………………7 DEMOGRAPHICS……………………………………………………………..…………8 RELIGION…………………………………………………….…………………………..9 HEALTH………………………………………..………………………………………..10 INFRASTRUCTURE……………………………………………………………………10 ECONOMY……………………………………….………………………….……… …11 2. ECOPETROL S.A. COMPANY OVERVIEW…………………………….…………… …12 BACKGROUND………………………………………………………………… ……..12 ORGANIZATIONAL STRUCTURE……………………………………..…… ………12 MERGERS AND AQUITITIONS………………………………………………………14 COMPETITORS……………………………………………………….……… ………..14 FINANCIAL ANALYSIS…………………………………………………….. ………..15 RIVALRY COMPARISON…………………………………………………… ……….16 FUTURE GOALS…………………………………………………………..… ………..17 3. CAPITAL MARKET OVERVIEW…………………………………………………………18 INFLATION …………………………………………..………………….……………..18 CURRENT RISK……………………………………………………….………………..18 FINANCIAL CRISIS……………………………………………………..……………..19 INVESTMENT RECOMMENDATION………………………………..………………19 4. CONCLUSION…………………………………………………….…….…………………..20 5. BIBLIOGRAPHY…………………………………………..………………………………..21 COLOMBIA HISTORY During the pre-Colombian period, the area now known as Colombia was inhabited by indigenous...
Words: 7312 - Pages: 30
...RN KAO MEMORIAL LECTURE BY SHRI NARESH CHANDRA India’s Security Challenges in the next decade – Role of Intelligence I feel greatly honoured and privileged to have been asked to deliver the R. N. Kao Memorial Lecture this year. I believe, it is the sixth in the series started in 2007 by Shri Tharakan, the then Secretary, R&AW . It feels good to be following the five distinguished speakers who have delivered the lecture in previous years. Before this distinguished gathering, it is hardly necessary to enumerate the achievements of Shri Ramji Kao, one of the most celebrated civil servants of our time and the architect of our secret service. He was given charge of organizing the R&AW in September, 1968. Shri Kao had been associated with the creation of the Aviation Research Centre after 1962. He was able to set up and harness the capacities for both human and technical intelligence so successfully that within a period of less than three years, the Organisation was able to make a most valuable contribution to our triumph in the 1971 conflict. He is recognized as a father figure and role model for all officers, young and old, in the R&AW and the Directorate General of Security. As a person Shri Kao had an elegant and striking presence. He was measured and precise with his words yet had a keen sense of humour, an amazing human touch and a love for arts. A significant feature of Shri Kao’s vision for the R&AW was to lay strong emphasis on the quality of manpower...
Words: 5434 - Pages: 22
...organizations (NGOs). Back in week 1, I provided this definition for them: “International (transnational) organizations with private memberships” (Rourke and Boyer 2010, G–8). A good example of an NGO is Amnesty International. The topics I’ve picked out for this week are: human rights, the environment and third world development. I want to showcase them here because NGOs are heavily involved in these international topics, but that isn’t to say that states and IGOs aren’t also heavily involved. They are! The article from Steinberg on NGOs in the Arab-Israeli Conflict in the reading this week demonstrates this very well. I recommend keeping the form in the week 2 lesson notes on hand when you read that article so you can keep straight the actors, their identities, their purposes (e.g. realist or liberalist) and the levels of analysis they impact the most. If you aren’t familiar with the conflict, I recommend checking out this fabulous interactive by CFR on the Israeli-Palestinian Conflict, which is a subset of the wider Arab-Israeli Conflict. On a side note, the Israeli-Palestinian Conflict is my favorite example of why constructivism is so important in IR. It is shortsighted to advance a way forward to end the conflict without first understanding the identities of the actors involved and their unique history with each other. The things to remember about NGOs are that they are involved in every major international issue, that there are thousands of them and that some are better than...
Words: 1862 - Pages: 8
...MOUNT KENYAUNIVERSITY NAME : COURS : LECTURER : COURSE UNIT : DATE : 00/06/2013 TASKS : Introduction (Public Relation theory) Public relations are a management function separate from other functions. Many organizations splinter the public relations function by making it a supporting tool for other departments such as marketing, human resources, law, or finance. When the public relations function is sublimated to other functions, it cannot move communication resources from one strategic public to another as an integrated public relations function can. Public relations manager, are obliged to have knowledge of different theories so that they can make the right decisions for their public relations plans and programs. The value to their employer or client will be directly related to how well they use theory in your work. Not any single theory covers all you need to know in public relations or any other discipline; therefore, it is valuable to look at theories by grouping them according to how they are used. We start with theories of relationships, then, we discuss theories of persuasion and social influence. Systems Theory Systems theory is useful in public relations because it gives a way to think about relationships. Generally, systems theory looks at organizations as made up of interrelated parts, adapting and adjusting to changes in the political, economic, and social environments in which they operate. Organizations have to recognizable boundaries, within...
Words: 1785 - Pages: 8
...International Business ( Semester 2, 2014) * Topic 1: Context * Globalization: There is no agreed or consistent definition for globalization but the key features including: * Everything and everyone equal * Intensive and rapid flows cross border flows (eg product, finance) * Not just economic but social, culture also. * Implication for nation states (countries)- a loss on power for the countries on politically as well as economically. * “ Globalization is about growing mobility across frontiers- mobility of goods and commodities, mobility of information and communications products and services, and mobility of people” ( Robins 2000). * Globalization has become a leading concept in doing business during last few decades, there are various aspects of globalization that influencing in doing business such as Competition, exchange of technology, knowledge/information transfer. * Competition: there is increase in competition. It can relate to product, service cost, price, target market, technological adaptation, quick response, quick production by companies. Company needs to focus on production with less cost to sell cheaper in order to increase its market share. On the other hand, customers also have a large multitude of choices in the markets and it affects their behavior: they want to acquire goods and services quickly and in more efficient way than before with high expectation in quality and low prices. * Exchange of...
Words: 12315 - Pages: 50
...General background European Union introduced regulation no. 793/2013 to enforce the measurement with respect to Faroe Island on 20 August 2013. EU states that this regulation is made in response to the non-sustainable actions conducted by Faroe Island. Article 5 para 1 and 2 of the regulation set that Atlanto-Scandian Herring or mackerel caught or produced by Faroe Island are prohibited in EU regions; and shippings with the Faroe Island flag or shippings from other country contain any goods specified in paragraph 1 are prohibited to use Union ports. Not surprisingly, a dispute in relation to the economical measurement implemented by European Union (EU) has been requested a consultation by Faroe Islands on behalf of the kingdom of Denmark. Faroe Islands claiming that the enforcement action by EU breached the General Agreement on Tariffs and Trade 1994and negatively affected its export position. Question 1 As the most basic concept of GATT, Art: 1 making sure that all contracted parties can be treated with the same benefits provided by the multilateral trading system. Therefore, failure to offer same advantages in respect of Atlanto-Scandian Herring or mackerel or it’s like products to other parties to Faroe Island may result in a breach of Art:1 for EU. According to Indonesia — Autos, two criteria need to be satisfied to conclude that EU has breached Art:1: (a) the advantages of like products fall within the scope of Art: 1(b) are not applied to Faroe Island unconditionally...
Words: 3025 - Pages: 13
...most countries and regions of the world. Internationalization: Doing business in many countries of the world but often limited to a certain region. Should a company stay at home, or strengthen the global position?? Two dimensions: 1.) Industry globalism (high degree of industry globalism -> many interdependencies between markets, customers and suppliers. Besides, industry is dominated by a few large powerful players (global, like software, cd’s, movies, aircrafts) and the other multidomestic market environment (local, like hairdressing, foods and dairies) 2.) Preparedness for internationalization Degree of preparedness is dependent on the ability to carry out strategies in international marketplace (personal skills, managers’ international experience or financial resources) Well-prepared company is called = mature Figure 1.2 very important decision model in the marketing!! (page 10) “The nine strategic windows” EPRG-framework = worldview of a firm’s business activities. 1.) Ethnocentric home country is superior, controls are highly centralized, organization and technology implemented in foreign countries are the same. 2.) Polycentric Multidomestic. Each country is unique, different targets. Control is highly decentralized, communication between headquarters and affiliates is limited. 3.) Regiocentric world consists of regions. Firm tries to integrate and coordinate its marketing programme within regions, but not across...
Words: 10518 - Pages: 43