Othello Feature Article

William Shakespeare’s play Othello is one of his four most incredible catastrophes. This play is â€Å"widely known as being one of the most moving and generally excruciating with the fall of pleased, noble man, the homicide of a smooth, adoring lady, and the unreasoning scorn of a â€Å"motiveless† villain†. Othello is a regarded general regarded and respected for his situation notwithstanding the reality he is a field. Subsequent to advancing the Florentine Cassio, his â€Å"friend† Iago detests Othello’s choice as he trusts it should’ve been him who merited it.Othello later steals away with Desdemona, which was looked downward on because of Othello being a dark man. This is the place Iago, the hero, starts his vindictive arrangement to cut down Othello. Utilizing Rodrigo, who adores Desdemona, to accomplish his grimy work for him. This play was written in 1604; new forms have been made into movie with current quarrels, for instance,  "O†, coordinated by Tim Blake Nelson. Every one of these show likenesses and contrasts. A large number of the topics appeared in Shakespeare’s unique play Othello utilize similar subjects. what's more, The film â€Å"O† shows a lot of equals to the book.Director Tim Blake Nelson remained consistent with Shakespeare's unique cast, plot, and succession of occasions, yet he set his film in present day times. It happens in a principally white secondary school where Odin, filling the role of Othello, is a ball star who drives his group to numerous triumphs. His right-hand-man, Michel (playing Cassio) is consistently there for him, helping in any capacity he can. Hugo fills the role of Iago. He shows a great deal of desire towards Odin and Desi (playing Desdemona) being seeing someone well as the entirety of Odin's skills.The characters that make this play give one topic all through this play, Deception and Illusion versus Reality. Prejudice: Iago expresses numerous th ings that show his bigotry clear as sunshine. Iago alludes to Othello as 'thick-lips' and 'dirty chest', additionally he considers him an arrangement of creatures including 'an old dark smash', and a 'Barbary horse'. Iago addresses Desdemona's dad, Brabantio. He alludes to Desdemona and Othello's kids being part creature since Iago is contrasting Othello's sexuality with that of a pony. You'll have your girl secured with a Barbary horse, you'll have your nephews neigh to you, you'll have coursers for cousins, and gennets for germans† (Shakespeare, 32). McEachern depicts Venice as being â€Å"proto-liberal†, even in view of that see; she portrays Iago's bigotry as being â€Å"super-subtle† (140). Unobtrusive is the expression of decision on the grounds that progressively, the entirety of the fundamental characters become Iago's hoodwinks without knowing it. Iago's supremacist disdain for blacks gives him an inspiration for needing to annihilate Othello's satisfact ion and furthermore gives him an approach to do it.Iago just needs to persuade Othello that Desdemona loathes him due to his shading. Iago, as it were, must excuse and naturalize his own fictions as certainties so as to get Othello to trust him. He can't prevail with regards to causing Othello's desire except if he trusts them, somewhat, himself. â€Å"The most agitating thing about Iago [†¦ ] is his unblushing partition of being from seeming† (McEachern, 195). Despite the fact that the peruser never discovers what befalls Iago toward the finish of the play, it is expected that he gets executed for his injustice and lies.All of the vitality he utilized attempting to battle Othello, in the long run caused his own pulverization. Desire is damaging climate it is inner, similar to Iago's bigotry, or outside like Iago's tricky clues to Othello about Desdemona's unfaithfulness. â€Å"O† . Desire: There are numerous things that Hugo does that show his envy towards Odin. He shows stun and alarm when the mentor of the group (who is additionally Hugo's dad) said that he adores Odin like his own child. Hugo likewise takes steroids and different medications to keep his presentation up wanting to outperform Odin's skills.He tells Rodger, (who fills the role of Rodrigo) â€Å"I'm thought about an utility man. I bounce back, I can shoot, I play watch, forward, power forward, you name the position, I fuckin' play it. † â€Å"The point is, I'm the MVP on this bit of crap group [†¦ ]† (â€Å"O†, scene 2). This shows envy of Odin since he was chosen as MVP of the ball group. Hugo really concedes that he is envious, yet he considers it to be a defect rather than Iago in the play. Hugo converses with Odin before a dunking challenge in the rec center and says that Odin ought to disregard Desi.He discloses to him that he has everything and that he would give his life to be from Odin's point of view and says that Desi is certifiably not a prize that he needs to win, yet rather that Odin is the prize (â€Å"O†, scene 13). There is one spot at the finish of the film that Hugo straightforwardly admits to his desire. He is discussing a falcon and how it identifies with power, murkiness, assurance, and to being glad. He says, â€Å"Odin is a bird of prey, he takes off above us. He can fly. Be that as it may, sooner or later everybody's going to focus on me. Since I'm going to fly too† (â€Å"O†, scene 21).

Managing Staff Free Essays

The board for any human services office has a wide range of jobs that they should finish. A medicinal services director must have the option to deal with running the every day tasks, total any monetary obligations, and furthermore deal with the representatives of the office. With regards to keeping the office appropriately staffed administration must know about what is required. We will compose a custom article test on Overseeing Staff or on the other hand any comparable point just for you Request Now To be certain that the office is appropriately staffed, a social insurance director ought to use a staffing plan. A staffing plan can show where representatives are expected to work any hours that the office needs. Annualizing is additionally significant in such a case that an office is to be run twenty-four hours per day, seven days seven days will require many staff individuals since one representative would not have the option to fill the entirety of the positions. In seeing any staffing requirements for an office the administrator must think about gainful and non-profitable time. Profitable time implies the time spent that is really worked by a worker. Non-profitable time would mean whenever the worker isn't grinding away; regardless of whether it is the end of the week, an occasion, debilitated time, excursion time, or an individual day. With regards to utilizing a staffing plan it is significant for the director to have this data set up on the grounds that it will assist with demonstrating what genuine hours should be secured and what number of representatives it will take to cover those hours. There are two different ways to do a staffing plan; they are either done in the annualized technique or by the booked position strategy. In the annualized strategy the director would take the non-beneficial and profitable days of each staff individual and record for them in the equation that is utilized to fill the hours. In the booked position strategy the non-beneficial and profitable days are represented when filling a planned move. This is the reason recording non-beneficial and gainful days in a staffing plan are fundamental since the entirety of the hours of each staff part are represented. With regards to the expense for any medicinal services office they can be attached to the staffing in an assortment of ways. In a staffing plan the expenses are credited to the measure of staff that is expected to cover the hours that are expected to run the office. It additionally can be credited to the compensation paces of every individual staff part and furthermore the advantages that each staff part is qualified for. This data can be kept in the books which will help in setting up a spending plan or a staffing plan. On the off chance that a medicinal services supervisor didn't approach this data they would not have the right data that is expected to appropriately staff and run the office on an everyday premise. A social insurance office is controlled by a staff that must give care to its patients, give every day care, and handle managerial obligations. Without legitimate staffing an office can't be run appropriately and the nature of care that the patients get will endure which thusly can influence the general notoriety of the office. To guarantee this doesn't occur, the board must have quality staff individuals and furthermore to ensure that the entirety of the hours are appropriately secured. Reference Bureau of Labor Statistics. (January 2012). Word related Outlook Handbook. Recovered from http://www. bls. gov/oco/ocos014. htm Step by step instructions to refer to Managing Staff, Essay models

TOEFL Writing Sample: Where to Get Free Writing Essays

TOEFL Writing Sample: Where to Get Free Writing EssaysYou've chosen to write an essay for your TOEFL exam, and now you're wondering where to get the best writing samples? If you take a moment to review your past essays and decide which ones were the easiest to write, you will find the best essay samples can be hard to come by.The first place you should look is at your friends who have written essays for other students and see if they can give you some sample essays to start with. Once you've learned the basics of the essay writing process, and picked out a topic, it will be easier to keep track of your learning and improve your scores over time.Getting TOEFL writing samples from other students that you respect is the best way to get started on the right foot. Your peers have already shown that they know how to write well, and they're the perfect people to show you the ropes.Of course, you need to be careful when choosing to read essay samples. You want the writer to be someone you wi ll be able to relate to on a personal level, as well as someone that has excellent writing skills.I suggest that you begin by reading samples that are designed to help you improve your writing. The books and ebooks that are available online may not seem very interesting, but they often contain tips and advice that can greatly help you as you begin your journey to becoming a better writer. They also often contain sample essays to use as a guide.The next step is to find a book or eBook that has essays that are already tested and graded. It's often best to pick a book that contains essay samples that are already scored, so that you can get a sense of what it will be like to take the test. You can also choose an essay sample that was written by someone who has already passed the test, in order to get a sense of what it will be like to write one.With all of these sample essays and books to review, it is often important to use them in conjunction with one another. If you use your essays a nd tests together, you will be able to practice and improve your writing skills and become a better writer. By doing this, you'll be able to not only complete the essay, but also to have a better chance of passing your TOEFL writing exam.While it can be helpful to pay for the TOEFL writing sample book or ebook that you choose, there are many free essay samples out there that are valuable. Taking the time to learn from these free resources will help you learn how to write a great essay on your own, without paying for a copy of a book that you can't even read!

Grounded Theory -- Definition and Overview in Sociology

Grounded theory is a research methodology that results in the production of a theory that explains patterns in data, and that predicts what social scientists might expect to find in similar data sets. When practicing this popular social science method, a researcher begins with a set of data, either quantitative or qualitative, then identifies patterns, trends, and relationships among the data. Based on these, the researcher constructs a theory that is grounded in the data itself. This research method differs from the traditional approach to science, which begins with a theory and the seeks to test it through the scientific method. As such, grounded theory can be described as an inductive method, or a form of inductive reasoning. Sociologists  Barney Glaser and Anselm Strauss popularized this method in the 1960s, which they and many others considered an antidote to the popularity of deductive theory, which is often speculative in nature, seemingly disconnected from the realities of social life, and may, in fact, go untested. In contrast, the grounded theory method produces a theory that is based on scientific research. (To learn more, see Glaser and Strausss 1967 book,  The Discovery of Grounded Theory.) Grounded Theory Grounded theory allows researchers to be scientific and creative at the same time, as long as the researchers follow these guidelines: Periodically step back and ask questions.  The researcher needs to step back once in a while and ask the following questions: What is going on here? Does what I think I see fit the reality of the data? Data does not lie, so the researcher needs to make sure their own ideas about what is happening matches what the data is telling them, or the researcher may need to alter their idea of what is going on.Maintain an attitude of skepticism.  All theoretical explanations, hypotheses, and questions about the data should be regarded as preliminary, whether they come from the literature, experience, or making comparisons. They should always be checked out against the data and never accepted as fact.Follow the research procedures.  Research procedures (data collection, analysis, etc.) are designed to give precision and accuracy to a study. They also help the researcher break through biases and lead him or her to examine some of his or her assumptions that might otherwise be unrealistic. Therefore, it is important that the correct research procedures are followed so that an accurate conclusion is reached. With these principles in mind, a researcher can construct a grounded theory in eight basic steps. Pick a research area, topic, or population of interest, and form one or more research questions about it.Collect data using a scientific method.Look for patterns, themes, trends, and relationships among the data in a process called open coding.Begin to construct your theory by writing theoretical memos about the codes that emerge from your data, and the relationships among codes.Based on what you have discovered so far, focus on the most relevant codes and review your data with them in mind in a process of selective coding. Conduct more research to gather more data for the selected codes as needed.Review and organize your memos to allow the data and your observations of them to shape an emergent theory.Review related theories and research and figure out how your new theory fits within it.Write your theory and publish it. Updated  by Nicki Lisa Cole, Ph.D.

The Trial of Socrates - 1543 Words

In the trial of Socrates, I juror number 307, Ryan Callahan vote the defendant is Not Guilty on the first charge of Corrupting the youth. My justifications for this vote are as follows. Socrates didn t corrupt the youth, he just shared his ideas with them and they in turn chose the path to take these ideas. Part of understanding this case is understand the time in which the case was held. This time being 399 B.C., a time in which Athens was a free democratic city, a town which prided itself at the time on the fact that its citizens had much freedom, particularly freedom of speech. Socrates believed that only people who were educated should rule the people, which meant that people were not capable of government participation†¦show more content†¦On top of all that when the arrogant Socrates went on trial he left the jury no choice but to find him guilty so he played right into their hands. So to sum up the trial, the charges against him were officially two, corrupti ng the youth and impiety. The two charges were, of course, linked, and, in the relevant senses, he was, we must admit, guilty of at least one of them. For his effect on the lives of the young men who followed him was indeed disrupting, and even corrupting, of the social order. What his followers learned from him above all else, is to do two things. They learned to scrutinize, and they learned to be skeptical. It was not that they mindlessly adopted a motto like trust no one over 30, or that they became, like many of today s young people, contrary simply for the sake of being contrary. Rather, they learned not to take on authority or on faith what others told them about virtue, justice, or piety; they were seeking, as was Socrates himself, the truth of the matter and the reasons for taking it to be the truth of the matter. And as we all know, the relentless pursuit of the truth produces enemies. A Socrates may in the long run serve mankind, but in the short run he aggravates virtu ally everyone around him. Socrates was thus put to death for teaching others to scrutinize and be skeptical about what they are told, andShow MoreRelatedTrial of Socrates914 Words   |  4 PagesTrial of Socrates What do Jesus, Joan of Arc, Martin Luther King Jr., and Socrates all have in common? All of them died for their beliefs. The Trial of Socrates depicts a scene where Socrates is in prison condemned to death and he is speaking with an acquaintance Crito. Socrates is being put to death because he was charged with corrupting the youth and not acknowledging the gods. Although over the course of the trial Socrates has numerous opportunities to evade the death penalty, he doesRead MoreTrial of Socrates1059 Words   |  5 PagesSocrates was a great philosopher of the Greek world. He was quite an atypical and distinctive person. Being different from all the other philosophers of the land, Socrates was teaching his students ideas totally out of the ordinary from what the society believed was right. As a result, he displeased many people so much that they decided to get rid of him. Socrates was put to trial, accused of spoiling the youth of Athens, tried and sentenced to death. His person al defense is described in works twoRead MoreTrial of Socrates1073 Words   |  5 PagesSocrates was a great philosopher of the Greek world. He was quite an atypical and distinctive person. Being different from all the other philosophers of the land, Socrates was teaching his students ideas totally out of the ordinary from what the society believed was right. As a result, he displeased many people so much that they decided to get rid of him. Socrates was put to trial, accused of spoiling the youth of Athens, tried and sentenced to death. His personal defense is described in works twoRead MoreThe Trial And Death Of Socrates : The Trial And Death Of Socrates972 Words   |  4 Pages The Trial and Death of Socrates, depicts the different stages of Socrates’s life, from his prosecution until his execution. During the narratives, Socrates gives us, as readers, insight towards his beliefs and philosophy, which are viewed as reasons for his imprisonment. Phaedo’s recollect ion of Socrates’s last few hours alive, reveals Socrates’s most important belief, that the soul is an entity which is immortal and is valuable during and after life. All perceived lusts, greed, and fear are causedRead MoreSocrates Trial Essay662 Words   |  3 PagesSocrates Trial In 399 B.C., Socrates, a seventy year old man, was brought to trial. He faced several accusations of different sorts. Initially, the court had pronounced Socrates guilty. However, because the law had no penalty ordained for his offense, it was required of Socrates to propose his own penalty, or to take the one suggested by Meletos, the death penalty. When the time had come for Socrates to state his defense, he addressed each of the accusations made against him, one by oneRead MoreSocrates Trial Essay807 Words   |  4 PagesApology Socrates was charged and put on trial for impiety, as well as accused of committing many other crimes. I will first explain the most important issues of why Socrates was sent to death. Then I will argue the position that Socrates is innocent, and should not be have been found guilty. To introduce, Socrates was placed on trial and charged with the crime of impiety. Impiety is the lack of reverence for the gods and other sacred things. As well another major claim was that Socrates was corruptingRead MoreThe Trial And Death Of Socrates845 Words   |  4 Pagesright or not. For that, in this essay, we will use Plato’s The Trial and Death of Socrates, as our example of how this kind of attitudes play in Socrates’ life as it is well-known as intelligently and morally lived one. In Euthyphro section, Socrates meets a man named Euthyphro before his trial, where he is being accused by Meletus for corrupting the youth. While Euthyphro is here to prosecute his own father for the case of murder. Socrates starts to ask him about his meaning of piety. â€Å"It is notRead MoreThe Trial And Death Of Socrates1701 Words   |  7 PagesIn reading, The Trial and Death of Socrates, Socrates presents himself against â€Å"the majority† and endures prosecution for inventing new gods and not believing in old ones. Socrates lives a life that is opposite of much of the â€Å"the majority† ideals. â€Å"The majority† values goods, possessions, and uncontrollable attributes given to them by others such as a high reputation and honor. In addition, The Greek Philosopher was able to refuse the opportunity to escape his death sentence while he had sons atRead MoreTrial and Death of Socrates2267 Words   |  10 PagesBenjamin Jowett. The Trial and Death of Socrates (Dover Edition). New York: Dover Publications, 1992 â€Å"What is the charge? Well, a very serious charge, which shows a good deal of character in the young man, and for which he is certainly not to be despised. He says he knows how the youth are corrupted and who are their corruptors. And I fancy that he must be a wise man, and seeing that I am anything but a wise man, he has found me out, and is going to accuse me of corrupting his young friendsRead MoreThe Trial and Death of Socrates Essay1639 Words   |  7 PagesThe portrayal of Socrates, through the book â€Å"the trial and death of Socrates† is one that has created a fairly controversial character in Western history. In many ways, Socrates changed the idea of common philosophy in ancient Greece; he transformed their view on philosophy from a study of why the way things are, into a consideration man. Specifically, he analyzed the virtue and health of the human soul. Along side commending Socrates for his strong beliefs, and having the courage to stand by those

Concept Comparisons and Analysis Theories - 1667 Words

Concept Comparison and Analysis across Theories UOP Theoretical Foundations of Nursing NUR/513 Concept Comparison and Analysis across Theories Nursing theory is relatively new and as such, it continues to evolve as new knowledge is gained. There are numerous theories of nursing, each of which took years to develop and most of which continue to evolve and adapt. There are commonalities between and among the existing theories although each may focus more heavily on different aspects of responsibilities. It has to do with the philosophical foundations for each theory. Moore, (Moore, 2008) reported a nursing metaparadigm of four basic concepts: person, health, environment, and nursing. Another author suggested the core†¦show more content†¦Exactly where they are on the continuum is determined by the balance found in each of the five factors in the metaparadigm (Tourville and Ingalls, 2003). For example, how a person reacts to stressors has a great impact on their health. It is the nurses responsibility to help the patient restore balance and stability of the five fa ctors (Tourville and Ingalls, 2003). This is very similar to the nurses responsibility according to Orem. It also reflects the metaparadigm on nursing theories as well as the core concepts as presented by others. Jean Watsons theory of nursing is based on the ideas of a number of philosophers and psychologists, including Carl Rogers, most specifically on his phenomenological psychology and philosophy (Tourville and Ingalls, 2003, p. 21). Her theory evolved over at least two decades of diverse experiences. Watsons theory is referred to as Transpersonal Caring because it emphasizes unity in the world (Tourville and Ingalls, 2003). Watson proposed that caring is a natural act for humans and it becomes a moral principle at the point when a patient and a nurse share a caring experience (Watson 2007). According to Watson, the goal of nursing is to help the patient achieve harmony of mind, body and spirit (Watson, 2007). To apply Watsons model, a nurse needs to create a shared caring experience with a patient. This shared experience will lead to better outcomes for the patient as well as aShow MoreRelatedConcept Comparison and Analysis Across Theories1051 Words   |  5 PagesConcept Comparison and Analysis Across Theories Nur 513 May 19, 2014 Theory is the core of nursing and nursing process. It describes, explains and predicts the uniqueness of a phenomenon. Theory is analysis and examine to determine the viability in the world of professional nursing. Concepts is the framework and foundation of the theory which consist of concrete and abstracts. The purpose of this paper is to select a core concept that is common to two nursing theories. Compare and AnalysisRead MoreConcept Comparison and Analysis Across Theories1882 Words   |  8 PagesConcept Comparison and Analysis Across Theories Julie McKay NUR/513 Theoretical Foundations of Practice December 06, 2014 Stephanie Vaughn Ph.D. R.N. CCRN A concept is a term that theoretically describes and names a fact or phenomenon, thus providing it with a separate identity or meaning. Nurses use theories to clarify the events through nursing practice. A concept analysis provides insight to nursing knowledge and understanding of the concepts allows nurses to determine nursing actionsRead MoreConcept Comparison and Analysis Across Theories1775 Words   |  8 PagesConcept Comparison and Analysis Across Theories Ryan Velasco University of Phoenix NUR/513 March 13, 2012 Noura Kassis Ed.D., R.N. Concept Comparison and Analysis Across Theories Nursing as a profession has evolved through the contributions of practicing nurse theorists who have worked rigorously toward improving the way nurses approach the art and science of nursing. Through theory development, nursing models, and their conceptual frameworks, they have provided a foundationRead MoreConcept Comparison and Analysis Across Theories1773 Words   |  8 PagesConcept Comparison and Analysis across Theories â€Å"Nursing theory is the term given to the body of knowledge applied to support nursing practice. Nursing theory is a framework designed to organize knowledge and explain phenomena in nursing, at a more concrete and specific level. A nursing theory is a set of concepts, definitions, relationships, and assumptions or propositions derived from nursing models or from other disciplines and project a purposive, systematic view of phenomena by designingRead MoreConcept Comparison and Analysis Across Theories Paper1713 Words   |  7 PagesConcept Comparison and Analysis across Theories Paper NUR 513 August 6, 2012 Comparison and Analysis Theories Paper The heart of nursing has always been caring. Since the start of professional nursing with Florence Nightingale, theorists have been writing about caring. This paper highlights three caring theories Madeleine Leininger, Jean Watson, and the combine theory of Patricia Benner and Judith Wrubel these theorists each has developed a theory of caring. ThisRead MoreConcept Comparison and Analysis Across Theories Essay1793 Words   |  8 PagesConcept Comparison and Analysis Across Theories NUR/513 October, 22, 2012 Delores Diehl Concept Comparison and Analysis Across Theories Nursing is a science that has many theories to support the beliefs and clinical practice of the profession. One core concept prevalent in many nursing theories is caring. Theorist Jean Watson and Madeleine Leininger are both nursing theorists who developed theories around caring and nursing. The subject of discussion in this paper is the comparison and analysisRead MoreTheories And Theories Of Nursing Essay1211 Words   |  5 PagesMcEwin and Ellis, theory in nursing â€Å"offers structure and organization to nursing knowledge and provides a systematic means of collecting data to describe, explain, and predict nursing practice† (McEwen Wills, 2014, p. 25). Theories in nursing are what distinguish it from other professions and help to create professional boundaries (McEwen Wills, 2014)Click and drag to move. When theories are applied in the nursing process, there are various concepts from the respective theory that are introducedRead MoreThe Logic Of Grounded Theory And Init ial Coding Essay1372 Words   |  6 PagesThe book by Kathy Charmaz is successful in the sense of presenting concepts regarding the knowledge of the construction of grounded theory. For researchers in the field of education, this book plays a crucial role as one significant tool for reference. To understand the assertions of Charmaz and the rich knowledge presented in the book, it is significant for one to carry out chapter-by-chapter reading. Therefore, with this analysis, it is also significant for one to make a succinct summary of theseRead MoreApplication Of Concept Analysis For Clinical Practice1414 Words   |  6 PagesApplication of Concept Analysis to Clinical Practice The article selected for the Application of Concept Analysis to Clinical Practice was the article named â€Å"Nurse Competence: A Concept Analysis† by Ms. Sarah Smith. The article’s purpose is to deduce the use of Rodgers’ evolutionary method and how it pertains to nursing. The article states that nurse competence is not a destination but rather a journey that gets longer the more you learn (Smith, 2012). This article establishes that, by obtainingRead MoreA Critical Comparison Of Marxist Theory And Merton’S Strain1530 Words   |  7 Pages  A Critical Comparison of Marxist Theory and Merton’s Strain Theory of Deviance. Introduction: This particular work will consist of a critical theoretical review and a comparative analysis on two criminological theories. For the comparison I have chosen Marx’s theory of crime and Merton’s strain theory of deviance. My critical comparison analysis will emphasise the central concepts and arguments within both theories and how each theory explains crime. The analysis will then explore modern day

By Yonas SD Essay Example For Students

By Yonas SD Essay . 2007 AAUIntroductionThis research is conducted on the conflict management resolution techniques of Organization of African Union in comparison to African Union commission. Its aims are describing and analyzing the different methods techniques of these two institutions adopted to obvert resolve conflict .Besides the research aimed to suggest on the peace keeping peace building mechanism of these institutions in comparison to one another. Statement of the problem;Numerous conflicts in Africa, among the worst in world history, had been seen. Particularly after the end of cold war the scourge of violence has shown remarkable augmentation. Mean while international involvement to resolve Africa problems became least due to; insufficient political will of the international community, multiplicity of African conflicts, extended responsibility of international institutions, the setbacks it encounter (1993 in Somalia) are some of the factors. Presence of many ethnic groups nationalities exc eedingly contributed for the mushrooming of ethnic other inter state conflict in the continent. Border conflict which is a colonial heritage ravaged the continent for a long period of time. ObjectiveThe basic objectives of this paper are:To show the importance of having regional mechanism for conflict prevention, management, resolving as well as maintaining ,promotion of peace security as well as stability on the continent. To identify similarity differences of OAU AU conflict management mechanismTo analyze their fragile side and sturdy side in order to suggest other possible means of forestalling conflict establishing sustainable peace in the continent. Significance of the studyThis research is significant in three ways. Preliminary it serves as a guide on haw important it is having regional arrangements on the maintenance of international peace security. Secondly, the evaluation of their techniques can clearly show as where the blunder was committed by the institutions, and thirdly it tells as haw to restructure in the direction of improving the mechanisms. Besides it can be used by concerned bodies as groundwork for further study. LimitationsAmong many limitation s that I faced during my research the inaccessibility of archive materials individuals has above reaching impact on the research .Until now many documents are exclusives for such kinds of studies. The short period of the AU life span doesnt permit as to make deep evaluation on its performance. Never the less we have tried our greatest endeavor to fill the gapes from other sources techniques. Methods We employed primary courses such as referring the protocol of the establishment of Au the protocol of the peace Security Council of the AU the constitution of the African Union. Books on conflict conflict resolution are widely used during the research .Internet sources as well as policy documents were our other target during the research. BackgroundAfrica is made up of many list developed countries. It is a place for many conflicting factors. There are many factors to make the continent the arena for so many wrest conflicts in history. The artificial boundaries devised many of the African countries is one major factor for intense numerous inter- state conflicts in Africa. Secondly, the existence of difference economic inequalities socio economic declines side by side with economic regressions are major factors for intense inert state as well as intra state conflicts. Thirdly, absence of national state with the exception of Swaziland, Somalia, Lesotho, Tunisia is one factor that precipitates conflict. Besides conflict over the definition and implication of self administration caused the most exhausting extravagant civil wars in the continent. Demand of the majority for democratic representation is also another factor that precipitates internal conflict. The best example is the case of Eritrean succession war the so ca lled thirty years war of Africa that took lasted for 30 years 1962-1992.However, acute nationalism ?nic conflicts are spreading at an alarming rate. Fourthly, ideological socio political deference among African countries during the cold war period affected their relations negatively. Some even drown to deep conflict. The Ethio- Somalia war of 1977-78 had a touch of this factor in addition to the irredentist action of Somalia. Fifth, religious difference ethnic diversity inside among African countries is the deadly dynamic for copious inter state and intra state conflicts. In other words ethnic based conflicts assertion of an ethnic group either minority

Alexander The Great Essays - Free Essays, Term Papers

Alexander The Great Essays - Free Essays, Term Papers Alexander The Great Alexander the Great and His Achievements Alexander the Great was the king of Macedon. Alexander of Macedon, or ancient Mecadonia, deserves to be called the Great. Alexander the Great was considered one of the greatest military geniuses of all times. He was an excellent king, general, and conqueror. During his thirteen-year rule he conquered almost all the then known world and gave a new direction to history. He had established an empire after he died. His new empire helped many people live their lives. He improved the way of life in his empire in many ways. Conquering other lands spread the Greek traditions and language. Alexander the Great was born in Pella, the ancient capital of Macedon (Martin 192). He was the son of Philip II and Olympias. Philip II was the king of Macedonia and Olympias was the princess of Epirus (Stewart 18). Alexander had many interests in military strategies (Stewart 20). Once when Alexander was about seven years old, a group of Persian diplomats came to Macedon to see Philip. Philip was with his army fighting neighboring tribes so the diplomats stayed and talked with Alexander. They didn't except Alexander to ask questions about the size of the Persian army and the length of the journey to Susa (an important city in Persia). This shows one of Alexander's early interests (Stewart 21). Philip decided to buy Alexander a racehorse when Alexander was ten or eleven years old. The horse was named Bucephalas. Bucephalas' behavior did not please Philip. Philip ordered the horse's owner to take the horse away but Alexander declared that he could tame the horse (Stewart 21). Everyone applauded when they saw Alexander ride the horse. The rest of the company broke into applause, writes Plutarch, while his father, we are told, wept for joy, and when Alexander had dismounted he kissed him and said, 'My boy, you must find a kingdom big enough for your ambitions. Macedon is too small for you' (Stewart 22). Alexander needed more than horsemanship and self-confidence to be a good king. He needed discipline. Philip worried that Olympias spoiled the boy too much. For Alexander to learn those things, Philip hires a stern and a tough tutor to teach Alexander. His name is Leonidas. He monitored Alexander's meals and exercises. Leonidas didn't trust Olympias. He suspected she tried to smuggle extra food in Alexander's marching gear. The man [Leonidas] himself used to come and look through my bedding boxes and clothes chests, Alexander wrote, to see my mother did not hide any luxuries (Stewart 22). Philip knew that Alexander needed more training. Philip sent for a teacher who was probably the wisest man in all of Greece. His name was Aristotle. Aristotle was born in a small township of Stagira in northern Greece (Barnes 3). Aristotle was a Greek philosopher and scientist. He is considered the most famous ancient thinkers (Barnes 3). When Aristotle was seventeen years old he moved to Athens, where he became a member of Plato's school. He stayed at Plato's academy for twenty years. Aristotle left the Academy when Plato died. Aristotle founded his own informal philosophical school in Athens. Aristotle lectured on nearly every branch of learning: biology, medicine, anatomy, psychology, meteorology, physics, chemistry, mathematics, music, metaphysics, rhetoric, political science, ethics, and literary criticism. Aristotle defined and classified various branches of knowledge. He sorted them into physics, psychology, rhetoric, poetry, and logic. He laid the foundation of the most of the sciences of today. He collected the first great library and established a museum (Martin 182). In 342 B.C. Philip invited Aristotle to teach his thirteen-year-old son Alexander. Aristotle's main love was philosophy. Alexander and Aristotle's discussion about philosophy laid the foundation for Alexander's ideas of what it meant to be a soldier and a king. Alexander learned from Aristotle the principles of zoology and botany. Alexander enjoyed literature most out of all the lessons Aristotle taught. Aristotle introduced the boy to the best poets and writers (Stewart 22-23). Alexander loved the work of Homer. The Illiad was Alexander's favorite. The tales of adventure, love, bravery, and loyalty excited Alexander. Aristotle gave Alexander a copy of the poem. Alexander carried the book everywhere and put it under his

Pathogenesis of measles virus infection The WritePass Journal

Pathogenesis of measles virus infection Introduction Pathogenesis of measles virus infection IntroductionInfection and SpreadSymptomsVaccinationSubacute sclerosing panencephalitisConclusionRelated Introduction The development of the measles virus in earlier childhood is still relatively commonplace today in lower economic countries. A vaccination was developed approximately 40 years ago which reduced the incidence of the virus Worldwide. Unfortunately the virus has not been entirely eradicated, and a higher rate of infection still occurs more frequently in developing countries. In 2006 an invention of strategies were put into place by the World Health Organisation (WHO)/United Nations Children’s Fund (UNICEF)for the reduction of measles mortality rates1,2. Eradication of the measles virus encounters considerable imposing obstacles, including the growth in populations, demographic difficulties and the general population’s awareness to vaccination safety3. The WHO in 2012 plan to eradicate measles virus in the Western Pacific, a well designed sustainable plan is an necessity for this to ensure achievement, another decisive influence in the successfulness of the immunisation pro ject is identifying the appropriate age at which immunisation should occur at. One of the main approaches to eradication of the measles virus infection is to immunise approximately 95% of the population, subsequently the majority of the population is acutely immunised against the measles virus infection which can cause astounding complications1. Infection and Spread Initial immunity for the neonate is maternal immunity transferred during pregnancy from mother to foetus. Younger women are being vaccinated in developing countries; consequently their own natural immunity is lower in comparison to non vaccinated women800. The measles virus is a contagious infection. The measles virus is caused by RNA viruses, which belongs to the genus Morbillivirus. Spread of the virus occurs due to coughing, sneezing, and personal contact with the infected. The measles virus can remain in an active state up to two hours once airborne or on contaminated surfaces. Prior to the characteristic rash associated more commonly with the measles virus, spread of the virus can develop from up to four days prior to first signs of infection and even up to four days after initial first signs of characteristic rash801. The initial symptoms of the virus display characteristics from 8-12 days following infection802. Measles virus spread is achievable through susceptible individual s whose immune system is in a state of compromised condition. Initial spread is initialised through the airways. Replication of the measles virus (MV) is acquired through numerous organs and tissues.   Various types of cells and tissues are affected, which include dendritic cells (DC), and B and T lymphocytes. Generally the patient’s own immune system fights the infection and generates a life term of immunity against the infection and reoccurrence.   The MV is characterised as an RNA envelope virus.   Viral RNA continues to infect after initial 20 days after infection clearance. An indication of measles virus is a rash which manifests itself after approximately 10 days. Measles rash is an indication of the adaptive immune system responsiveness. At this stage CD4+ and CD8+ T cells infiltrate site for clearance. Both lymphocytes activate at same time, but CD8+ T cells is more severe, CD4+ response is longer.   A diagnostic serum test for presence of IgM can be taken at this stage to evaluate the prognosis of measles. Antibody specific IgG is also produced at this interval. The immune system experiences prolonged immunosuppression. Differential amounts of cytokines and chemokines are produced at the varied stages of infection. After the initial infection levels of IL-8 increase, IFN-ÃŽ ³ and IL-2 are elevated by activation of CD4+ and CD8+ T cells during features of a rash. Following rash exposure CD4+ generates interleukin IL-4, IL-10, and IL-13. Failure to eliminate measles infection can contribute in the development of inclusion body encephalitis and pneumonia. Subacute sclerosing panencephalitis (SSPE) can also develop from persistent infection exposure in young children203. Symptoms The measles virus presents itself as a collaboration of symptoms, which are deemed characteristics of the virus and its associated effects on the patient’s body and immune- suppressed system. Measles virus is considered a highly infectious disease. If the measles virus is persistent in the body, the virus can affect the central nervous system (CNS). Initial symptoms of the measles virus include a state of fever, coughing and a rash with small bumps. One of the main complications of persistent measles virus is the influence on the CNS40. The virus conforms to a number of characteristics. These characteristics include such signs as a fever, redness of the eyes with the most common feature being a rash on the skin41. Other symptoms of the virus include such features as coughing, muscle pain, runny nose, spots inside of mouth (Koplik’s spots), light sensitivity and eye irritation. The trade mark rash usually starts at the top of the body and moves down systematically41a. Diagnosis of acute measles include serum based specific IgM EIAs42. In 2000 a uniformed quality assured system was introduced by the World Health Organisation (WHO). The WHO established LabNet to create a homologous system to ensure diagnosis of measles and rubella. Laboratory Network (LabNet) is available in over a hundred countries. One major hurdle in the successfulness of diagnosis; is the collecting of the serum samples. Newly devised methods of sampling specimen included dried blood spots (DBS) and oral fluid (OF). Serum sampling is considered to quintessential standard for diagnosis but successful alternatives are being sought, which include the promising DBS and OF. These DBS and OF diagnostic tests offer viable potential in diagnostics for measles. Transport considerations would be less tedious when not using serum samples and the issues surrounding the safety and necessity of using needles would be eliminated. Great number of research is being implemented into more effectiv e and conclusive methods for the diagnosis of measles43. As the WHO has implemented plans to eliminate measles, greater attentiveness to the diagnostics of measles is essential and required for the WHO to be successful in their plan for reduced mortality rates44. Complications of the measles virus have been attributed to autism in children after they have received the mumps, measles, and rubella vaccine (MMR). Studies conducted suggest that the cases of autism did not increase at the period of administration of the MMR vaccine. Variation in different types of autism is being studied in comparison to administration of the MMR vaccine45. The link between MMR vaccination and autism is unauthenticated but cases could exist if the child was genetically predisposed after receiving the vaccination. The vaccine is significant, as without it mortality rates would prevail46. Vaccination The implementation of vaccinations against the measles virus has been one of the most successful vaccinations worldwide. The measles vaccine has saved millions of lives around the world. It has been estimated that approximately 30-40 million people of cases of the virus each year still occur with approximately 800,000 deaths a year being contributed to the virus. The susceptibility to the measles virus is directed towards numerous influential contributory factors. The efficacy of the vaccine is dependent of a number of influential factors. Transfer of maternal antibodies occurs through the placenta. The rate of maternal antibodies in less developed countries has been shown to be lower than transferred maternal antibodies in developed countries. One contributory factor is malaria placenta infection. It has been documented that maternal antibodies still are transferred, but these antibodies tend to diminish at a greater rate.   An implementation plan of action was the introduction of malaria netting which may improve the outcome. Low birth weights are more vulnerable to measles virus than normal healthy weight births. Suggestions put forward mitigate plans to vaccinate the more susceptible at an earlier age. Due to near elimination of naturally occurring measles, most immunity is due to vaccination, fewer antibodies get passed through placenta to the foetus, therefore the foetus immunity to measles is lower. Another suggestion to improve vaccination rate success is to vaccinate pre- adolescence to increase antibody levels. Finding a suitable age of vaccination is paramount and difficult, as vaccinated mothers pass on fewer antibodies than mother who naturally incurred the measles virus. An established immunisation programme has to be introduced which embraces all age groups and range of immunity.   Due to lower antibody levels being transferred from the mother, the measles virus susceptibility could be as low as 4-5 months for the child. Due to such a young age of susceptibility, new regimes will have to be adapted to incorporate capturing of the earlier infected age group. The number of doses required and the efficacy of the doses is also of concern. Some countries have adopted a two dose strategy and other countries have a one dose strategy.   The World Health Organisation (WHO) recommends a two dose strategy200. The different strains of the vaccines allows for different groups to be immunized. Non-injectable vaccine for the measles virus is being studied. Aerosol vaccine is displaying promising results. A study is presently on going to determine the sufficiency of aerosol vaccine in comparison to the injectable vaccine. Aerosol vaccine promises great expectations, allowing greater immune response for children 9 months or older. Aerosol vaccine allows for self administration, are less audacious to use than the injectable vaccine201. A needle-free approach is being investigated, which would prove to be cost effective and an alternative to the injectable vaccine202. A needle- free approach may be one of the better options going forward as there are numerous constraints of the live attenuated vaccines (LAVs), which include qualified administrators of vaccinations, sterile needles, and correct storage of vaccines. Non needle vaccines could allow for lower costs for administrating, easily administrated, little maintenance, one dose vaccine, safe and globally effective and availa ble.203 Subacute sclerosing panencephalitis Subacute sclerosing panencephalitis (SSPE) is contributed to the association of the measles virus. SSPE is a fatal neurological infection affecting the central nervous system (CNS), which mainly affects children. As the disease progresses, oligodendroctyes, astrocytes and endothelial cells become affected, this ultimately accumulates to death of the patient.   The occurrence of SSPE was once considered to occurs in approximately 1:300,000, but more recent research would suggest cases of 1:10,00055. The direct cause of SSPE is still unidentified56 Thepathogenesis of Subacute sclerosing panencephalitis is still undefined but the incidence is considered to be mainly an adaptive immune response which involves cell- mediated responses and antibody- mediated responses, but some research suggests that both the innate and adaptive immune response is involved57,58. SSPE can linger for a number of years while causing neurological damage. Signs of SSPE become evident 6 years post measles infection. It has been documented that 95% of patients with Subacute sclerosing panencephalitis will die within 5 years of initial determination of the disease, and with only 5% of patients going into remission. The treatment Subacute sclerosing panencephalitis includes the controlling of seizures. Diagnoses of Subacute sclerosing panencephalitis are associated with electroencephalography. Demyelination and the prevalence of the measles virus are involved with SSPE. Some treatment trials are ongoing and include such drugs as isoprinosine57. Symptoms of Subacute sclerosing panencephalitis include changes in behaviour, reduction in mental capacity and involuntary twitching. Symptoms can also be represented by non conforming characteristics, which can cause SSPE to be a missed diagnosis59. Subacute sclerosing panencephalitis has also been documented to be more prevalent in males60. Future treatments for Subacute sclerosing panencephalitis include optimising the use of antivirals and molecule inhibitors61. The administration of alpha-interferon could increase the rate of mortality among patients of SSPE62. Combination therapy has been utilised in hoping to achieve the best treatment approach available, IFN-alpha and ribavirin has been optimised but with minute improved outcome63. Other research has been conducted based on apoptosis (programmed cell death) and Subacute sclerosing panencephalitis, again combination drug therapy optimising flupirtine and antiviral drugs has been acknowledged64. The aetiology of Subacute sclerosing panencephalitis is unknown, but is contributed to the relentless measles virus65. The measles virus is attributed to an array of neurological diseases66. With advancing new methodologies being discovered, advancing research and improvements directed towards disease diagnosis into SSPE, new treatments and preventative measures a viable cure may one day may become notably and genuinely palpable67. Conclusion Measles virus is contagious and affects impoverished countries more readily than developed countries. Alternative therapies focus on the influential factors which may determine susceptibility, such as deficiency in vitamin A. Measles virus in children with vitamin A deficiency may prove more harmful.   The World Health Organisation set a recommendation of the required dosage of vitamin A for children with the measles virus living in impoverished surroundings30. Treatments for the contagious measles virus include vaccinations. Newly improved methods of vaccine administration are being developed, enhancing the cost- effectiveness and ease of use. The consequences of MV include Subacute sclerosing panencephalitis (SSPE), pneumonia and inclusion body encephalitis. Preventable measure and characteristic features of the virus should be dispensed to the public to educate the people on the importance of vaccination against measles virus. Reduction of two-thirds of deaths of the under-five is planned by the World Health Organisation, in its plan referred to as the Fourth Millennium Development Goal (MDG 4) by 2015. Elimination of the virus is being benchmarked against getting pre-puberty women vaccinated and aiming to vaccinate children at a younger age. Global recognition around the world on the severe consequences of the virus is essential for the eradication of this preventable infection. Countries around the World must be capable of alerting the ir appropriate agencies if a measles outbreak is thought to have occurred, failure of recognition could be detrimental to the more suscepitable31. A global uniformed approach to dosage to the young should be widely implemented around the World, and the consequences of a measles outbreak should be made clear to leading government agencies to cascade to their appropriate teams of experts.

PRIDE AND PREJUDICE Essay Example | Topics and Well Written Essays - 750 words

PRIDE AND PREJUDICE - Essay Example Womens roles were limited to that of a homemaker, where she took care of her children and husband without any complains what so ever. Education during the late eighteenth and early nineteenth century was not a state organized or centrally controlled affair. It was run mainly by the churches in the locality or by charitable organizations where children of the middle and upper classes were not sent for education. At this time class distinction was at its peak, great stress being laid on family wealth and powerful connections. Children of the affluent class were imparted education at the privacy of their homes and women were mostly taught lessons that would help them to run their future homes, like practical lessons related to cookery, sewing, singing, dancing and religious classes. Teaching Greek and Latin were a privilege kept mainly for the boys and the very few grammar schools that did exist did not admit girls. Well known educational institutions like the Eton, Oxford and Cambridge were special facilities reserved for the boys only. Higher education was seen as a completely masculine domain were women dared not to enter. Young men who wanted to further themselves in the social milieu opted for the church, law or the army. Women saw the scope of social advancement and wealth acquisition only through marriages and their social upbringing were aimed at this. With not much of a career and no political rights as such, higher education for women was not even considered an option during those times. The patriarchal nature is aptly shown in the starting lines of â€Å"Pride and Prejudice†, as Jane Austen tells us in a satirical tone â€Å"It is a truth universally acknowledged that a single man in possession of a good fortune must be in want of a wife† (Austen, p.1). In this famous novel Austen paints a wonderful picture of the social fabric of the late eighteenth century England.

My son, the fanatic by Hanif Kureishi Essay Example | Topics and Well Written Essays - 750 words

My son, the fanatic by Hanif Kureishi - Essay Example The author hints at this,†His dreams of doing well in England†¦.† Here ‘Parvez’ the father in the story has his vision of perfectness only in a place like Britain. The story can only be viewed as the clash between a father and a son and not as the clash between two different culture and religion because the father and son both belong to the same culture and religion. According to Patricia Pisters â€Å"In My Son the Fanatic however the generational conflict is complicated culturally, most particularly by Parvez, who doesn’t belong to the old British tradition and doesn’t fit into his own newly found home in religious fundamentalism either†. The difference of opinion arises when Ali begins to turn away from his father’s wishes by breaking with the â€Å"British girlfriend† and throwing away his possessions saying that â€Å"there are more important things to be done†. Later he abandons his studies in accounting also. An understanding of the Muslim religion is essential to unravel the inconsistency between father and son. Parvez fails to stick to the strict rules followed by a Muslim throughout his life. This is evident from his childhood studies. Being a Muslim is not easy especially in British culture. He was taught ‘Koran’ in Lahore but his faith in the Holy Script is shallow unlike that of his son Ali. The ‘father’ is an admirer of British culture. His eager efforts to assimilate himself to the British culture do not always please his college going son. Parvez exhibits some non Islamic qualities like alcoholism and fondness for pork. It is obvious from the words of Parvez â€Å" You are not in the village now, this is England ,we have to fit in â€Å". The ‘fanatic ‘Ali fuses to the olden traditional ways of his religion and mocks his father for worshipping the alien culture. Ali slowly grows to a perfect Muslim but that was misunderstood by his son as behavioral problem. The

Unilever SWOT and PESTLE analysis

Unilever SWOT and PESTLE analysis Company background and mission statement Unilever is a global company that can trace its origins to 1929, when a merger between a Dutch margarine manufacturer and a British soap maker was negotiated (Jones, 2002). Given the distinct sectors in which the two organisations were located, the merger was considered somewhat of a ‘curiosity’ (Jones, 2002, online), but it set the stage for a multinational corporation producing a wide portfolio of goods. Some of the world’s most recognised brands are produced by the company, including Surf, Lipton, Dove, Lynx, Magnum and Hellmann’s. Today, Unilever is one of Europe’s largest companies, and in terms of sales, it is the third-largest consumer goods firm in the world, after Nestle and Procter and Gamble (Thain and Bradley, 2014). The company has been floated twice, and is a constituent of the FTSE 100 Index and the AEX Index. The stated aim of the company is to â€Å"provide people the world over with products that are good for them and good for others† (Unilever, 2014, online). Strategic Audit A strategic audit comprises a systematic and comprehensive evaluation of a company’s business environment and internal assets. There are two key elements to the audit: the external environment and the internal environment. The external environment identifies issues concerned with customers and competition, and examines the social, economic, technological, environmental political and legal elements impacting the business. A typical tool used at this stage is the PESTLE analysis. The internal analysis focuses on the resources the company possesses, such as the product distribution, product portfolio, sales and profit margins. A typical tool used at this stage is the SWOT analysis, in which the strengths and weaknesses, and the advantages and disadvantages of a company compared to its competitors are listed. Below, these tools are in turn applied to Unilever. The External Environment PESTLE analysis The PESTLE framework below analyses the political, economic, social, technological, legal and environmental dynamics of the environment in which Unilever operates. Political Unilever is co-headquartered in London and Amsterdam. Both the Dutch and the British political systems are in a time of flux. The British government currently comprises the first coalition government in the post-war period, with another expected after the General Election in 2015 (Taylor-Gooby and Stoker, 2011), while in the Netherlands, coalitions are standard. Such governmental frameworks have important implications for the conduct of business, for there tend to be policy ebbs and flows over short periods of time. For instance, in the Netherlands, the rate of Value Added Tax (VAT) for businesses has changed three times since 2010 (Wolf, 2014). Both the United Kingdom and the Netherlands are original members of the European Union (EU) which facilitates trade among member states by the harmonisation of certain rules relating to business and the removal of trade barriers. There is some political impetus in both countries, however to leave the EU. For instance, in 2012, the prime minister of the Netherlands, Mark Rutte, threatened to pull the country out of the Eurozone as a means of easing the local Dutch economy (Dutch News, 2014), while in the UK there is a lobby for a referendum on EU membership. Exiting the EU would have massive implications for a co-headquartered business like Unilever. For this reason, Unilever has been vocal about its preference for both countries to remain in the Union (The Guardian, 2014). There is growing political unrest in the Middle East, and while Unilever does not currently operate there, 53 per cent of its business comes from developing markets (Unilever, 2014), and globalisation means that it may not be shielded from the effects of conflict and instability overseas. For example, in 2012, oil prices reached unprecedented levels (Smith, 2014). This is a matter of concern for the company because it directly impacts on transportation costs. Economic Shoppers in Europe are still suffering from the effects of the longest and deepest recession in the post-war period. Data from Eurostat shows that household consumption fell drastically across Europe following the recession, and while there has been some recovery in recent years, household consumption is still not back to its pre-2008 level (Gerstberger and Yaneva, 2013). In addition, unemployment has risen and wages have stagnated in several of the economies in which Unilever supplies consumers. Low household consumption, high unemployment and falling wages bring about drops in consumer demand which adversely affect manufacturers like Unilever. During recessions, households tend to cut back on non-essentials, which might impact some parts of the companys product portfolio. While the West has suffered from the financial crisis, economies in other areas, such as Latin America and China, are booming, providing considerable opportunities for the company. For instance, in 2013, sales of the companys products to emerging markets grew by 8.7 per cent (The Guardian, 2014). Social Life expectancy has been increasing over time in wealthy nations. For instance, in the UK in 1980, life expectancy stood at 70.4 years for men and 79.8 for women. By 2010, it had increased to 79.3 years and 83.6 years, respectively for men and women (Blossfeld, Buchholz, and Kurz, 2011). At the same time, the fertility rate has been falling over time. The increase in life expectancy and a below replacement fertility rate coupled with the ageing of the so-called ‘baby boom’ generation (those born between 1946 and 1965) are accelerating population ageing. The UK government has estimated that the proportion of the population aged 30 and under is set to fall, while the proportion aged 60 and above will increase. By 2034, it is estimated that 23 per cent of the British population will be aged 65, while just 18 per cent will be aged 16 or below (Office for National Statistics, 2009). There are important ramifications of the ageing population for businesses like Unilever. Firstly, there are likely to be changes in the structure of demand in future. Older people have unique needs and desires that will need to be met by Unilever. For instance, there is a greater demand for frozen ‘ready meals’ by older people (Ahlgren, Gustafsson and Hall, 2004) which will directly impact Unilever’s ‘Sara Lee’ brand. Secondly, there may be labour shortages in the future. Expanding businesses like Unilever will need to respond to this by encouraging workers to work longer or recruiting migrant workers (Maestas and Zissimopoulos, 2010) As a direct result of some high profile public campaigns, people are becoming more health and ethically conscious. This has led to an increase in demand for ethically produced and healthy products and heightened concern regarding genetically modified goods. This trend has already had a direct impact on Unilever’s product portfolio, with sales of two of its margarine brands (I Can’t Believe its Not Butter and Flora) seemingly in free-fall (The Guardian, 2014) Technological Increasingly, consumers, particularly younger individuals, utilise social media, retailing websites and mobile forms of communication to connect with retailers, to discuss with members of their social networks their purchasing decisions, and to review past purchases (Sashi, 2012). This means that consumables companies like Unilever need to harness the Internet and mobile technologies in accessing these customers. For instance, a growing number of companies now include social networking websites such as Facebook and micro-blogging sites like Twitter in their promotion mix as a means of engaging their current consumer base and recruiting new customers. At the same time, constant connectivity makes the selling environment for consumer products increasingly competitive. The readiness of product price and promotional information, the ability of shoppers to access online stores quickly and the aggregation of online content and offline information all mean that, in the digital age, firms like Unilever must carefully craft their marketing activity (Sashi, 2012). Legal Unilever has a presence in some 190 countries worldwide which means that it must abide by their national laws. The extent of the company’s multinational activity means that it must devote considerable resources to scanning the legal horizon and ensuring that it responds to changes accordingly. There have been significant legislative changes in the area of people management. For instance, across Europe many countries have enacted anti-discrimination laws which companies like Unilever must adhere to. In the United Kingdom, under the provisions of the Equality Act 2010, businesses are not allowed to discriminate against individuals on the basis of factors such as gender, age, disability, religion and ethnicity in their recruitment, selection, training and promotional practices (Hyman, Klarsfeld, Ng, and Haq, 2012). Legal frameworks have also been put in place as a response to the ageing of the population (Maestas and Zissimopoulos, 2010). For instance, the mandatory age of retirement has been removed in both the UK and the Netherlands, which means that Unilever can no longer compel employees to retire once they reach the age of 65. Large companies also must put adequate pension provisions for workers in place under a new British scheme, which has a direct impact on business costs Environmental There is increasing political impetus to respond to environmental degradation, and the onus is on large manufacturers like Unilever to use fewer resources and produce less waste. In Europe, a major development affecting the company is the establishment of the European Union Emissions Trading System (EU ETS), which was set up in 2005 as part of a concerted and collaborative attempt to reduce carbon emissions under the requirements of the Kyoto Protocol. The EU ETS is a system under which polluters emissions are ‘capped’; in order to pollute more, manufacturers must purchase credits from other polluters. Participation in the EU ETS is mandatory for all large factories and plants that produce more than 25 thousand metric tons of carbon dioxide and that use ammonia or petrochemicals (Ellerman, Converey and Perthuis, 2010). The Internal Environment SWOT analysis The second element of a strategic audit is an analysis of the internal mechanisms of the business. This part of the paper uses a SWOT analysis to identify and critically examine the strengths, weaknesses, opportunities and threats facing Unilever Strengths The size of the company is its major strength. Unilever manufactures more than 400 brands which it sells to some 190 countries (Unilever, 2014, the Guardian, 2014). In addition, it employs over 167,000 people and expends 928 million euros on research and development annually (Unilever, 2013). In terms of performance, the company has bucked recent economic trends. In 2013, the company reported profit growth of 9 per cent over the previous year, reporting a net profit of  £4.4 billion. In addition, global sales grew by over 4 per cent that year, with sales to emerging economies growing by 8.7 per cent (the Guardian, 2014). As well as its sheer size, a major source of strength for Unilever is its longevity and brand recognition. The company has been in existence since 1929 and is the world’s oldest multinational enterprise (Thain and Bradley, 2014) Another strength of the company is its geographical spread. Unlike some consumable manufacturers, which are headquartered in just one country and found on just one public index, Unilever has headquarters in two countries, is floated on two indexes and is secondarily floated on the New York Stock Exchange. Another of the company’s strength is its human capital. Human capital is the volume of skills, knowledge, experience and competencies embodied in individuals that staff and run the business. This is important for there is a good deal of empirical research that links high levels of human capital with firm performance (Huselid, Jackson and Schuler, 1997). The company’s chief executive officer, Paul Polman, who held senior positions at both of the companys major competitors, Nestle and Procter and Gamble, has been termed a ‘rainmaker’ that has taken the company from strength to strength (The Telegraph, 2014). On taking the reins in 2009, Polman set out a plan to double the size of the business, to double sales to  £80 billion and to boost efforts at environmentalism and sustainability. Weaknesses Some analysts have argued that the companys broad product portfolio is a source of weakness (the Guardian, 2014). The firm produces goods in four broad product categories – cleaning agents, food, personal care products and beverages. It is argued that such a broad portfolio can prevent the business from focusing its marketing efforts appropriately (Putsis and Bayus, 2001). Thus, in order to consolidate its activities, the company may need to divest some brands or product ranges in the future. Indeed, the company already seems to be taking steps in this regard, selling popular brands Peparami, Slim-Fast, Ragu and Bertolli in 2014 (The Telegraph, 2014). In addition, most of brands produced by the company are multinational brands which may prevent them from being tailored to the needs of local markets. A further weakness of the product line concerns the prices offered to consumers. The prices of Unilever brands are generally higher than those of its competitors (Thain and Bradley, 2014). The company has explained that prices are high to represent the quality of the goods, while analysts have attributed the high prices to the enormous amount the company spends on research and development and its massive marketing budget (Thain and Bradley, 2014). In 2010 alone, Unilever spent 6 billion euros on advertising, and today, the company is one of the world’s largest purchasers of advertising media (The Telegraph, 2011). Threats The company is facing a number of threats, particularly from competitors, the market and consumers. Firstly, while Unilever’s broad product portfolio might be conceived as unusual, it is not unique in this respect. Procter and Gamble and Nestle have very similar business models and product lines (Thain and Bradley, 2014). Indeed, in terms of sales, Unilever is outperformed by both of these competitors. A large proportion of Unilever’s products are premium brands aimed at consumers with relatively high levels of disposable income. This might be considered a threat in the context of the current economic downturn. Increased financial uncertainty might lead households to move away from these brands to own-brand and lower value products, negatively affecting both net sales and sales margins. Food prices have risen substantially worldwide (Headey and Fan, 2008). This represents a significant threat to the company because it must pass the cost of food inflation to customers in order to maintain current profit margins. This might explain why the firm’s CEO is starting to consider refocusing the company strategy on alternative product lines, such as sundries or hard lines (The Guardian, 2014) Although the company has a stated aim to double its sales levels, analysts have noted that the company is still far short of accomplishing that aim. As the Telegraph (2014, online) notes, â€Å"the acquisitions of TRESemmà © shampoo maker Alberto Culver and Radox bath foam have added almost â‚ ¬3bn in turnover†¦However, these deals have hardly moved the needle and Unilever is still sitting on a big pile of cash. With growth slowing in emerging markets where 60pc of the group’s sales are generated, investors may start pushing for Unilever’s leader to be a bit bolder if he is to reach his ambitious â‚ ¬80bn sales goal†. In the context of the recent economic downturn, there have been some demergers and sell-offs in some of the sectors in which Unilever operates. While in some cases this has proven to be an opportunity for the company (for instance, the firm has recently been able to purchase top hair care brand TRESemmà ©), it also poses a threat should any of these product lines fall into the hands of its competitors. For instance, the 2008 purchase of shaving brand Gillette by Procter and Gamble immediately made it the biggest company in men’s personal care (The Telegraph, 2014) An increased social ethic and concern for the environment among consumers should also be considered a threat to the company. In Japan, Thailand and particularly in India, Unilever has attracted heavy criticism for the manufacture of so-called ‘fairness’ products. These are products that are typically aimed at women and used for lightening the skin. While such brands are a major source of income for the company allegedly, one skin lightening agent produced by the company, Fair and Lovely, is used by 80 per cent of the population of Bangladesh (Unilever Bangladesh, 2014) – the company has also come under fire for promoting Westernised standards of beauty. In Thailand, an advert for one of the company’s fairness creams was withdrawn from media outlets after widespread censure because it correlated white skin and high levels of intelligence (The Guardian, 2014). Opportunities Social media offers considerable opportunities to Unilever, particularly given its aim to reduce its advertising expenditure (The Telegraph, 2014). Social media sites are increasingly used by companies to update consumers on new products, to offer discounts and special promotions, and to invite consumers to special events that are either held online or physically (Sashi, 2012). Unilever may be able to capitalise on this trend either through corporate accounts or through brand accounts. There are considerable opportunities to the company through its extensive research and development efforts. Unilever has research facilities in England, Shanghai, Bangalore, New Jersey and Connecticut, which are working continually to develop new product lines and refine existing ones. Through this investment the company is able to regularly introducing new brands or reintroduce redesigned brands to the market. Conclusion Unilever is a unique company. The firm is dual listed, co-headquartered in two of Europe’s wealthiest cities and it offers the market a vast and very broad range of products. This strategic audit has shown that while the company is operating in a turbulent business environment, it is managing to perform well, both in terms of sales and growth. Despite the company’s strengths, there are some external threats posed by market developments, customer attitudes and the actions of its key competitors. The company leadership will need to monitor these aspects if Unilever is to meet its objective to become the largest consumables multinational company in the world. References Ahlgren, M., Gustafsson, I. B., Hall, G. (2004). Attitudes and beliefs directed towards ready-meal consumption. Food Service Technology, 4(4), 159-169. Blossfeld, H. P., Buchholz, S., Kurz, K. (Eds.). (2011). Aging populations, globalization and the labor market: Comparing late working life and retirement in modern societies. Cheltenham, UK/Northampton, MA: Edward Elgar. Dutch News (2014). Opposition MPs call on premier to explain quit the euro claims. Retrieved from http://www.dutchnews.nl/elections/election_news/opposition_mps_call_on_premier.php on 11 October 2014 Ellerman, A. D., Convery, F. J., De Perthuis, C. (2010). Pricing carbon: The European union emissions trading scheme. Cambridge: Cambridge University Press Gerstberger, C. and Yaneva, D. (2013). Household consumption expenditure national accounts. Retrieved from http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/Household_consumption_expenditure_-_national_accounts on 09 October 2014 The Guardian (2014). EU exit could see Unilever cut investment in UK. Retrieved from http://www.theguardian.com/business/2014/jan/21/unilever-warning-uk-withdrawal-european-union on 09 October 2014 Headey, D., Fan, S. (2008). Anatomy of a crisis: the causes and consequences of surging food prices. Agricultural Economics, 39(1), 375-391. Huselid, M. A., Jackson, S. E., Schuler, R. S. (1997). Technical and strategic human resources management effectiveness as determinants of firm performance. Academy of Management journal, 40(1), 171-188. Hyman, R., Klarsfeld, A., Ng, E., Haq, R. (2012). Introduction: Social regulation of diversity and equality. European Journal of Industrial Relations, 18(4), 279-292. Jones, G. (2002). Unilever – a case study. Business History Review 32(12). Retrieved from http://hbswk.hbs.edu/item/3212.html on 09 October 2014 Maestas, N. Zissimopoulos, J. (2010) How longer work lives ease the crunch of population aging. Journal of Economic Perspectives. 24(1) pp. 139-160. Office for National Statistics, (2009), Health: ‘Life expectancy continues to rise’. Retrieved from http://connection.ebscohost.com/c/articles/58499152/life-expectancy-continues-rise on 09 October 2014 Putsis Jr, W. P., Bayus, B. L. (2001). An empirical analysis of firms’ product line decisions. Journal of Marketing Research, 38(1), 110-118. The Telegraph (2011). Unilever to shake up  £5.1bn global advertising spend. Retrieved from http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/media/8954352/Unilever-to-shake-up-5.1bn-global-advertising-spend.html on 09 October 2014 Sashi, C. M. (2012). Customer engagement, buyer-seller relationships, and social media. Management decision, 50(2), pp. 253-272 Smith, D. (2014). The State of the Middle East: An Atlas of Conflict and Resolution. London: Routledge. Taylor-Gooby, P., Stoker, G. (2011). The coalition programme: a new vision for Britain or politics as usual?. The Political Quarterly, 82(1), 4-15. Thain, G, and Bradley, J. (2014). FMCG: The Power of Fast-Moving Consumer Goods. London: Design Publications Unilever (2014). About us. Retrieved from http://www.unilever.co.uk/aboutus/ on 09 October 2014 Unilever Bangladesh (2014). Our brands. Retrieved from http://www.unilever.com.bd/our-brands/detail/Fair-and-Lovely/366071/ on 09 October 2014 Wolf, R. (2014). Dutch Turnover Tax or EU VAT? On the Permeation of EU VAT Rules in the Dutch Turnover Tax Practise. Intertax, 42(8), 525-537.

Speech: Dealing with Change -- essays research papers

The bombing of the two towers, September 11th, 2001. 2 749 reported deaths. The bombing of Hiroshima, August 6th and August 9th, 1945. 120 000 reported deaths. The battle for Gallipoli, from February 1915 to January 1916, a total of 505 000 recorded deaths, 28 150 of these were Australian. The Trojan War, 400 B.C. Total annihilation of Troy. Good morning friends, classmates and teachers. On any of these given days, thousands of people died. These acts of war were inspired by passion, greed and revenge. No one really wanted for their people to die – but they did. And this is something that no one can, or ever will be able to change. People have however, taken steps to address these wrongs. Some by retaliation, or being retaliated upon, others by an act of peace. It is not up to me to decide for these nations which of these developments are better, but I do see it as my duty to think, to wonder and to acknowledge. Lives were lost. Was it for nothing? How would the world differ today if none of these events had occurred? Would we have had a more peaceful place to grow up in? Or would a human’s basic instinct still win out, therefore creating more turmoil then there ever has been? Though as much as we should think and wonder about this, there is also nothing that we ever could have done, nor is there an answer to any of these questions. That said, these questions are important, not only to acknowledge the lives that were lost, but also so that we may stop and think next time before we act, instead of after. Before any of us do or say something that may effect and invoke change, because nothing can ever make things go back to the way they were. Depending on how things have been affected and altered, this can either be a goo... ...ecause we will always carry those through our lives, remembering the people who were there, and who cared enough to make sure that we opened our eyes to notice the world that surrounded us. When our time comes to stand up and be counted we will remember those who taught us that we are all different. We will remember the time when we realized that we are all the same. We will know that it will not matter in life who we were friends with or what clubs we belonged to. It will not matter what our grades were, or what kind of clothes we wore. It will not matter what kind of cars our parents drove. It will not matter what our dreams were, but what dreams we accomplish. Agathon was right when he said that â€Å"God cannot change the past†, and I for one am glad for that, but we must remember that while not even God can change the past, but it is our job to change the future.

Macbeth and Jane Eyre Essay

Macbeth by Shakespeare and Jane Eyre by Charlotte Bronte have a similar theme. In both the novel and play, there is a contender edging somebody else on. In Macbeth, Lady Macbeth edges Macbeth on to first killing King Duncan and other people. In Jane Eyre, Jane pushes Rochester not to be scared and to let go of the safety nets and trust in others. In Macbeth, Macbeth turns from having a pure heart to a black and evil heart, while Rochester changes from having a closed heart to an open and trusting heart. At the beginning of the play, Macbeth is seen as a courageous soldier who is loyal to the King but is corrupted from the witches’ prophecies and by his and Lady Macbeth’s ambition. This is because of the weakness of Macbeth’s character and the strong power of Lady Macbeth and how she is easily able to influence him. Her strength motivates him at the start but after, he realizes what he has done, but still decides to continue to go down his murderous, bloody path. At the beginning of the play Lady Macbeth appears as a kind wife of Macbeth’s but underneath lays a scheming and treacherous woman. She watered his seed and started the never-ending growth of the beanstalk from Jack and the Bean Stalk. Macbeth however was his own sunlight and let the plant just keep on growing higher with more and more thorns. The first time she waters the seed is when they first hear that King Duncan is sleeping over their house that night. Lady Macbeth asks her husband when the King would leave. Macbeth answers that the king would leave the following day. Lady Macbeth tells him otherwise however. â€Å"O, never shall sun that morrow see†¦ Your hand, your tongue: look like th’ innocent flower, but be the serpent under’t.† She tells him that she has to kill the king and nobody would expect it because he is being hospitable and letting the king stay at his house. To the King Duncan and the rest of the people, Lady Macbeth seems to be a nice sweet lady. However, she is really tricky and conniving. At First, Macbeth tries to back out last minute. He says, â€Å"We will proceed no further in this business: he hath honored me of late, and I have bought golden opinions from all sorts of people, which would be worn now in their newest gloss, not cast aside so soon.† He says that the king has only been nice to him and is a wise man and does not want to get rid of him so soon. Lady Macbeth shrewdly answers that he is a coward for not  wanting to go through with it and that he is not a man unless he does. Macbeth is convinced by her argument and decides to go through with it. Later that night while the king was fast asleep, Macbeth killed him. After the murder, Macbeth got paranoid and started to kill people left and right in order to make sure nobody would find out about the assassination he commit against King Duncan. That is an example of how Lady Macbeth stated the seed to sprout, but once it would come out of its shell, Macbeth could not put it back and instead would make it keep on growing until it would kill him. Jane Eyre and Edward Rochester are soul mates. When two people are meant for each other, they feed off of each other. In this particular case, Mr. Rochester feeds off of Jane more then the other way around. When they first meet at Thornfield, Rochester is cold and bitter while Jane is trying to be as nice and warm as she can be. When he falls off of his horse, he sprained his ankle. When she sees him fall, she runs to him and asks, â€Å"Are you injured, sir?† before even finding who he is or where he comes from. Her primary focus is to make sure that he is all right. He keeps telling her to go home but she insists on helping him. Later in the conversation, he realizes who she is but still has no idea who he is. Only later she learns who is the man she helped. That is the first time he meets someone who is nice to him without having secret intentions behind it to get a reward or just to get on his good side. From that moment on Jane and Rochester feed off each other to grow to become happy people. A few weeks after Rochester fell off his horse, somebody tried to kill Rochester by putting his room on fire during his sleep. It is suspected to be Bertha, his crazy wife. Jane sees smoke come out of Rochester’s room. She runs to his room and puts out the fire and saves his life. He feels indebted to her and invites Jane to have dinner with him. They both think the other one is not so physically attracted. After speaking during dinner however, they start to like each other’s personalities. He later throws a party where a beautiful lady by the name of Blanche Ingram attends. Rochester and her are suppose to get married but Jane gets in the way. Rochester realized that he could not marry Ingram because he realizes that he is in love with Jane. After many incidents and complications to get married, Jane runs away. While she is away, Bertha  Mason, a crazy woman who is Rochester’s first wife, burns down the house and kills herself and at the same time blinding Rochester. Jane hears Rochester screams her name about a year after she leaves. She magically hears it somehow and is able to tell that the person shouting is Rochester. She goes back to Thornfield and they marry. While he is blinded, he trusts her with his life and lets her guide him everywhere without being scared. A few months after they get married, thanks to her love for him and his love for her, he is able to see again. Shakespeare’s Macbeth and Charlotte Bronte’s Jane Eyre are two great stories that share a theme. Although the outcomes are complete opposite, they both have someone affecting the other person in a positive or negative way. In Macbeth, unfortunately, the evil seed grew inside Macbeth’s body and caused him to go on a murder rampage. In Jane Eyre, fortunately, Jane is there to kill the sprout of the bad plant and implant a kind-hearted, lively, and firm maple tree.

Determinants Of Development Of Banking Sector - Free Essay Example

Sample details Pages: 8 Words: 2342 Downloads: 10 Date added: 2017/06/26 Category Statistics Essay Did you like this example? ABSTRACT The objective of this paper is to examine the determinants of development of banking sector from the perspective of Real GDP, Discount rate, Trade openness and Financial Liberalization by using annual data from 1970 to 2007. In this study, Liquid Liabilities, Private sector credit and Domestic credit are used as indicator of banking sector development. The finding of this research shows negative relationship between Trade openness and development of banking sector development. Don’t waste time! Our writers will create an original "Determinants Of Development Of Banking Sector" essay for you Create order Discount rate is having a significant impact on banking sector development when Private sector credit and Domestic credit is used as the indicator while Real GDP is found significant when Liquid Liabilities and Domestic credit is used as indicator of Banking sector Development. Generalized form of data has been used in this study. Keywords: Banking Sector development, Real GDP, Trade openness, Discount Rate, Financial Liberalization INTRODUCTION The financial sector of Pakistan has shown a substantial growth in past few years, however there is still need for continuous development. The financial sector of Pakistan consists of a variety of specialized financial institutions à ¢Ã¢â€š ¬Ã¢â‚¬Å" commercial banks, DFIs, NBFCs, micro finance banks, Islamic banks, Modarbas, Stock Exchange and Insurance companies. Thus the whole financial sector of Pakistan offers a wide range of products and services to its customers. (Zaidi, 2005) states that growth of financial sector is significantly related with economic growth therefore, country needs well developed financial sector in order to fully utilize the financial resources. Banking system has a significant importance in financial market. Banking Sector of Pakistan is an important financial intermediary and responsible for the economic growth in the country. In 1990, Denationalization of Government owned banks have changed the overall scenario of the banking sector of Pakistan. After the amendments in banking companiesà ¢Ã¢â€š ¬Ã¢â€ž ¢ ordinance, Muslim Commercial Bank (MCB) and Allied bank Limited (ABL) were denationalized in 1991 and 1993 respectively. The process of denationalization remains suspended for numbers of years and was restarted in early 2000s, when United Bank Limited (UBL) was privatized. In 2004, Habib Bank Limited (HBL) was also denationalized and due to which, the asset share of public sector banks was reduced to 25% at that time. In the last decade, state bank of Pakistan has made several efforts in promoting the Islamic modes of financing. In 2002, the first Islamic bank was established under the name of Meezan bank. Since then, the number of Islamic banks has been opened. Various traditional ban ks are now opening Islamic specialized branches. At the end of 2009, total assets of the Islamic banking have reached to 366.3 billions and the deposits in Islamic banks have reached to 282.6 billions[1]. At the end of calendar year 2009, there are 9522 total branches of banks in Pakistan which shows an increase of 376 branches in banking sector from the 3rd quarter of 2009. Moreover, the asset base of banking sector has shown a growth of 7 percent over the last quarter. (Yasmin, Jehan, Chaudhary, 2006) explains that after independence in 1947, Pakistan avoided trade openness because of weak industrial structure. In 1960à ¢Ã¢â€š ¬Ã¢â€ž ¢s, industrial base was laid and manufacturing industry expanded widely in Pakistan. However, industrial expansion face setback in 1970à ¢Ã¢â€š ¬Ã¢â€ž ¢s due to nationalization of industries. In 1980à ¢Ã¢â€š ¬Ã¢â€ž ¢s, IMF and World Bank provided facilities to the Pakistan in order to initiate the financial restructuring in country. A loan of $150 million and $200 Million was provided for this purpose under à ¢Ã¢â€š ¬Ã…“Financial sector adjustment loanà ¢Ã¢â€š ¬? in 1989 and 1997 respectively. Another project named as financial sector deepening and Intermediation project was initiated in 1995. The estimated worth of that project was $216 million. (Hanif, 2002) Despite of the remarkable performance since last two decades, the banking sector of Pakistan is less developed and remains small in relation to the economy, when it is compared to the other banking sectors of the world. This shows that a number of financial and banking needs are still ignored and that much of the economic potential of Pakistan is not achieved yet. Highlights of banking sector of Pakistan Following is the highlight of banking sector of Pakistan from 2005 to 2009. (Rs. Billion) 2005 2006 2007 2008 2009 Total Assets 3,660 4,353 5,172 5,672 6,529 Net Investment 800 833 1,276 1,080 1,753 Net Advances 1,991 2,428 2,688 3,183 3,428 Deposits 2,832 3,255 3,854 4,217 4,787 Equity 292 402 544 563 662 Profit after tax 63 84 73 43 54 Source: State Bank of Pakistan LITERATURE REVIEW (Christopoulos Tsionas, 2004) states there is no one opinion of economist on the issue of financial development and growth of economy. (Pagano, 1993) describes that savings are mobilized towards the productive investment due to financial deepening which helps in improving corporate governance. (Khan Qayyum, 2007) says there are three major channels through which financial development can affect economic growth (i) marginal productivity of capital can be increased (ii) savings are directed towards the investment (iii) level of private saving rate can be increased. The relationship of economic growth and financial development was first discussed by (Goldsmith, 1969), (McKinnon, 1973) and (Shaw, 1973). Their study shows that there is a positive relationship between financial development and the level of output i.e. when the financial market will increase the credit level, the investment will increase thus, showing that real income and real interest rate is a positive function of financial development. (Yu Gan, 2010) study shows that due to positive real interest rate, the mobilization of savings of banks increases and it also increases the growth with the increase in volume and productivity of capital. (Yanikkaya, 2003) argues that trade openness has a significant impact on the GDP share. In developing countries, trade openness creates new opportunities to increase the growth process and hence the unemployment level decrease. (Jin, 2000) states that trade openness facilitates in establishing the development process. Moreover, local technology and production process can be improved through trade liberalization. One school of thoughts is of view that the financial liberalization is also a major contributor towards the financial development in developing countries. à ¢Ã¢â€š ¬Ã…“Financial liberalization means the deregulation of domestic financial markets and liberalization of the capital account.à ¢Ã¢â€š ¬? (Attaullah, Cockerill, Le, 2004) empirically shows that the effectiveness of banking sector is improved following the financial liberalization. (Bekaert, Harvey, Lundblad, 2005) Suggests that there is a significant relationship between financial liberalization and economic growth. However, (Stiglitz, 2000) argues that increase in financial liberalization enhances the macro economic vulnerability of nations and chances of crises becomes significant. The study of (Gong, Lee, Chen, 2004) supported the fact that increase in financial liberalization can cause crisis. (Wyplosz, 2001) suggested that financial liberalization is effective if the objective is to increase the competition and d ecrease the monopoly powers. However, financial liberalization is quite risky for developing countries. Many developing countries in Asia and Europe have grown faster even with strong financial restraints. MODEL SPECIFICATION Based on the above literature, we can propose that in Pakistan, banking sector development is a function of real Gross Domestic Products (RGDP), Discount date (DR) and Trade openness (TO) and Financial Liberalization (FL). This can also be shown as BSD Pak = f (RGDP, RI, TO, FL) Where, BSD Pak = Banking Sector Development of Pakistan In this study, we have used following models which are estimated by using least square techniques. In model 1, we will use Liquid liabilities as the indicator of banking sector development. In model 2, Private Sector Credit will be used as the indicator of banking sector development where as in model 3, domestic credit will be used as the indicator of banking sector development. (Yu Gan, 2010) ln LL= ÃŽÂ ²o+ÃŽÂ ²1ln RGDP+ ÃŽÂ ²2 DR + ÃŽÂ ²3TO+ ÃŽÂ ²4FL + e ln PRI= ÃŽÂ ²o+ ÃŽÂ ²1ln RGDP+ ÃŽÂ ²2 DR + ÃŽÂ ²3 TO+ ÃŽÂ ²4FL+ e ln DC= ÃŽÂ ²o+ÃŽÂ ²1ln RGDP+ ÃŽÂ ²2 DR + ÃŽÂ ²3 TO+ ÃŽÂ ²4FL+ e where, ln LL= Natural logarithm of liquid liabilities ln PRI= Natural logarithm of Private sector Credit ln DC= Natural logarithm of Domestic Credit Data source: We have used annual data from 1970 to 2007 in this study. The data is obtained from the World Bank database and international financial statistics. However, Financial Liberalization Index of Pakistan, constructed by (Waliullah, 2010) is used in this study. Real GDP (RGDP) is calculated by using following formula EMPIRICAL METHODOLOGY In this study, Ordinary Least Square (OLS) technique has been used. In order to run the OLS model, order of integration of every variable is determined. There are two methods to examine the order of integration i.e. Augmented Dickey-Fuller (ADF) test and Phillps-Perron test. In this study, we will use ADF test for examining weather the data is stationary or non-stationary. We will run co-integration test when all variables becomes stationary at same level. The generalized form of data has been used in this study. Empirical Results of Model 1 à ¢Ã¢â€š ¬Ã¢â‚¬Å" Liquid Liabilities Table 1. OLS Results of Model 1 Dependent Variable: LL Method: Least Squares Date: 01/24/11 Time: 16:07 Sample: 1970 2007 Included observations: 38 Variable Coefficient Std. Error t-Statistic Prob. RGDP 2.390212 0.071527 33.41707 0.0000 TO -0.246367 0.046986 -5.243445 0.0000 DR 0.030429 0.104158 0.292144 0.7720 FL 0.035323 0.009594 3.681828 0.0008 C -0.000353 0.000128 -2.758942 0.0094 R-squared 0.998745 Mean dependent var -0.000415 Adjusted R-squared 0.998593 S.D. dependent var 0.020655 S.E. of regression 0.000775 Akaike info criterion -11.36561 Sum squared resid 1.98E-05 Schwarz criterion -11.15014 Log likelihood 220.9465 F-statistic 6564.172 Durbin-Watson stat 1.489120 Prob(F-statistic) 0.000000 In model 1, liquid liabilities have been used as an indicator of banking sector development. Table 1 show that Real GDP, Financial Liberalization and Trade openness are statistically significant and Discount rate is not statistically significant to the development of banking sector in Pakistan. However, Trade openness is inversely related with liquid liabilities which means that increase in trade openness will eventually affects the development of banking sector. While, Real GDP and Financial liberalization have a significant impact on the banking sector development i.e. higher Real GDP and Financial Liberalization in Pakistan will leads towards development of banking sector. R square is (.99) which shows substantial explanation of independent variables in dependent variables. Table 2. OLS Results of Model 2 (Private Sector Credit) Dependent Variable: PRI Method: Least Squares Date: 01/24/11 Time: 16:16 Sample: 1970 2007 Included observations: 38 Variable Coefficient Std. Error t-Statistic Prob. RGDP -7.684614 5.715274 -1.344575 0.1879 TO -7.525119 3.603842 -2.088082 0.0446 DR 25.87713 9.222809 2.805775 0.0084 FL -0.204028 1.108112 -0.184122 0.8550 C 0.033118 0.090551 0.365739 0.7169 R-squared 0.343149 Mean dependent var 0.041883 Adjusted R-squared 0.263531 S.D. dependent var 0.648747 S.E. of regression 0.556741 Akaike info criterion 1.788644 Sum squared resid 10.22868 Schwarz criterion 2.004116 Log likelihood -28.98424 F-statistic 4.309923 Durbin-Watson stat 1.880175 Prob(F-statistic) 0.006483 In model 2, we have used Private sector credit as an indicator of development of banking sector in Pakistan. Results of table 2 indicate that discount rate and trade openness have significant impact on the development of banking sector. However, Trade openness is inversely related to the banking sector development. Financial liberalization and Real GDP are not found statistically significant. R square of model 2 is (.34) which shows that independent variables are explaining 34 % of the dependent variable. OLS Results of Model 3 (Domestic Credit) Dependent Variable: DC Method: Least Squares Date: 01/24/11 Time: 16:20 Sample: 1970 2007 Included observations: 38 Variable Coefficient Std. Error t-Statistic Prob. RGDP 0.289400 0.002316 124.9755 0.0000 TO -0.007190 0.001983 -3.626526 0.0010 DR 0.014020 0.005240 2.675496 0.0115 FL 0.001211 0.000307 3.938439 0.0004 C -6.23E-06 4.61E-06 -1.351692 0.1857 R-squared 0.999939 Mean dependent var -1.15E-05 Adjusted R-squared 0.999931 S.D. dependent var 0.003380 S.E. of regression 2.80E-05 Akaike info criterion -18.00387 Sum squared resid 2.59E-08 Schwarz criterion -17.78840 Log likelihood 347.0735 F-statistic 134392.7 Durbin-Watson stat 1.559156 Prob(F-statistic) 0.000000 In model 3, we have used domestic credit as an indicator of banking sector development. Results of table 3 indicate that all variables are statistically significant to the development of banking sector of Pakistan. R square of model 3 is (.99) which shows that independent variables have a significant impact on the dependent variable. (Goldsmith, 1969) As mentioned above, generalized form of data has been used in this study and numbers of tests have been applied on these three models and there is no serial correlation, heteroscedasticity. CONCLUSION AND DISCUSSION The results of this study shows that Trade openness is inversely related to the development of banking sector in Pakistan in all three models which validates the findings of (Siddiqui Iqbal, 2005) that Trade openness negatively affects the economic growth of a country. However these results are not according to the findings of (Miller Upadhyay, 2000) which states that trade openness leads to the development of financial sector. Moreover this study also does not support the findings of (Yu Gan, 2010) which states that trade openness have no impact on the development of banking sector. In case of Liquid liabilities as indicator of banking sector development, it is clear that Real GDP and Financial liberalization have the significant impact on the development of banking sector of Pakistan. This result is according to the findings of (Yu Gan, 2010) and (Attaullah et al, 2004) which show that Real GDP and Financial Liberalization significantly impact the banking sector development. It means that increase in Real GDP and Financial Liberalization will lead the banking sector of Pakistan towards prosperity. In case of Private sector credit as the indicator of banking sector development, it is found that discount rate is statistically significant to the banking sector development. It means that increase in discount rate will lead towards increase in private sector credit which will eventually results in financial sector development. However, financial liberalization was found inversely related to the banking sector development and Real GDP was not found significant which is against the findings of (Yu Gan, 2010) which identifies that Real GDP has a significant impact on the development of financial sector of Pakistan when Private sector credit is taken as indicator of banking sector development. In case of Domestic credit as indicator of development of banking sector, results shows that all four variables are statistically significant to the financial sector development which are according to the findings of (Rajan Zingales, 1998), (Cetorelli Gambera, 2001) which states that Financial Liberalization and Real GDP significantly impact the development of financial sector. PRACTICAL IMPLEMENTATIONS FOR BANKING SECTOR On the basis of the findings of this study, we can conclude that trade openness is having inverse relationship with the banking sector development. As a result of Trade openness, the less developed banking sector of Pakistan faces tough competition from the developed financial sector of other countries. Moreover, increase in trade openness increases the countryà ¢Ã¢â€š ¬Ã¢â€ž ¢s exposure to international shocks i.e. if any economy faces will suffer a crisis, there will be more chance of transferring crisis in Pakistan. Discount rate is also found significant in this study when Private sector credit and Domestic credit was used as an indicator of banking sector development. When the discount rate will be high, financial institutions will be encouraged to get loan from state bank of Pakistan. Banks usually uses discount rate as benchmark interest rate when they further lend the money to borrowers. So increasing the discount rate will eventually lead the banking sector to development.