Why was the Washington consensus irresistible in Latin America Essay

Why was the Washington consensus irresistible in Latin America - Essay Example Within the current globalized system, the importance of international political economy and the means by which decisions of economic importance are engaged, the overall level of relevance is maximized. As a function of this, the following analysis will engage the reader with an understanding of why the â€Å"Washington Consensus† came to be so widely accepted and agreed upon by a litany of different Latin American countries. Although merely referencing the Washington Consensus, and the determinants that it necessarily imposes, would be an effective start, the analysis will also integrate with an in-depth discussion of each of the 10 points which engenders the Washington consensus as a means of understanding the ultimate attraction that so many Latin American countries had to this particular economic integration and approach (Marangos, 2008). Further, the unique drawbacks and tacit inabilities that the Washington Consensus will also be discussed with regards to the way in which stakeholders within this particular issue realize that it was in their best interest to accept the Washington consensus even with its tacit level of drawbacks. ... cit level of understanding with respect to world affairs, international relations, and political theory will necessarily be engaged and hopefully understood (Arestis, 2004). History/Background Firstly, before delving into the ultimate rationale behind why so many Latin American countries chose to integrate so fully and completely with Washington consensus, it must be understood that key macro economic factors throughout Latin America provoked and invoked a level of greater cooperation and willingness to attempt a different approach than might have been realized that any other point in history (Babb, 2013). By the time of the 1980s, Latin America, in addition to much of the rest of the world, was still reeling from the economic repercussions of the global malaise that had existed for almost a decade during the 1970s. Whereas the United States, and the rest of the world for that matter, felt the impact of the drastic increase in fuel costs that took place during the late 1970s and earl y 1980s, the impact that this had upon developing nations were even more profound (Duncan, 2003). This stands to reason due to the fact that the United States and other developed nations had a level of wealth that could be leveraged against a sudden price fluctuation with respect to a inelastic demand. What ultimately prompted the oil crisis during the 1970s had to do with the rising levels of debt, inaccessibility of foreign credit, and a restriction in global trade (Ruckert, 2006). Whereas the fuel crisis of the 1970s and early 1980s was of course of relevance, it must further be understood that this particular issue was a significant impact with regards to developing nations around the world; especially Latin American countries. The rationale behind this is due to the fact that Latin

Promotional Activity and Pricing Essay Example | Topics and Well Written Essays - 1000 words

Promotional Activity and Pricing - Essay Example The firm also offers amenities to its customers in order to meet their entertainment needs. In addition, Southwest Airlines serves their customers by providing Business Select, Wifi, Mobile Access, and EarlyBird Check-In facilities. The South west Airlines has designed special provision for the customers who are aged 65 and older; and extreme facilities are also offered to kids and disabled persons (Seniors: Southwest.com). The company has also arranged high tech facilities for providing boarding passes. The customers can receive boarding passes from the Skycap Counter (situated in selected locations) and check luggage four hours prior to the scheduled departure. The competitive promotional packages include low costs and customers’ loyalty. Since the Southwest Airlines avoids too much luxury facilities, it can cut down the passenger charges which in turn assist the company to achieve customers’ loyalty. The efficient managerial strategies of the company have assisted it to design a competitive promotional mix that effectively meets customer interests. II Wilbur L. Schramm proposed an original model of communication process in 1954 which clearly depicts the information flow in a system. The Schramm’s model is just an extension of Shannon-Weaver transmission model of communication that proposes six elements of communication such as source, encoder, message, channel, decoder, and receiver. In addition to these elements, the Schramm’s model suggests other two concepts such as feedback and field of experience. According to Schramm’s model (as cited in Scannell, 2007, p.210), encoding plays a crucial role in the communication process as it the first step that converts the thought into content. This model says that the information is of no use if the recipient is not able to decode what the speaker actually intents to convey. Hence, Schramm’s model stands on the strength of the principle that encoding and decoding are the two basic elements of a communications system since effective flow of information between two individuals is not possible without these two. On the basis of this model, one can explicitly say that the Southwest Airlines has effectively established a communication system in its promotional mix. For instance, as the company deals with segment focused operations, it can identify domestic needs and serve local population well (Europe Lowcost). The domestic operations aid the company to avoid cultural barriers in communication process; it enables the company to effectively practice its promotional mix by ensuring effective flow of communication between customers and airlines management. In addition, the customer feedback collection process also contributes to effective information flow. III Like Southwest Airlines, many other air travel companies also offer additional services to its customers. It is necessary to take ranges of things into account while setting prices for the various service s provided by the airlines. It would be better to classify the product/service offers into two such as ordinary and luxury in order to effectively set prices for them. Ordinary products include snacks and other food items while satellite radio and TV facilities constitute luxury products. It is evident that aircraft passengers include low, middle, and upper class individuals; therefore, airlines companies must meet the interests of every class of people while setting pri

Natural Resource Curce Essay Example | Topics and Well Written Essays - 1750 words

Natural Resource Curce - Essay Example Likewise other OPEC countries like Iran, Saudi Arabia and Kuwait have also lower GNP figures. As a whole, OPEC countries have less GNP per capita from 1965 to 1998 compared to countries that do not have sufficient resources (Ross, 297-322). The reasons behind these surprising results could be many including the wrong management of resources by the government, non competitive business environment, and inefficiency of overall economy. A brief explanation about the conflicts of the Natural Resources and the policies to reduce these conflicts will be discussed in this paper. Natural Resource Curse The phenomenon of the natural resource curse came into existence after numerous studies stated that the resource oriented countries were constantly producing insignificant GNP per capita as compared to the countries that lacked resources. It was not only the economy that was lacking but the resources dependent countries were found to be malformed with more corruption, spontaneous conflicts betw een the people and the government, higher poverty rates, and inappropriate management of the government (Gibbs, 35-40). Oil, minerals, gold, cotton and other gemstones are the natural resources that mainly cause conflicts. ... Furthermore, such wealth always results in domestic grievances which are the major cause of civil wars. This is what the phenomenon of natural resource curse is all about – the greater the natural resource wealth, the lower will be the economic growth and development. Let’s now briefly discuss the effects and causes of the Natural Resource Curse Effects of the Natural Resource Curse The countries that are facing natural resource curse are mostly associated with the following problems that results in low economic growth and development. The internal conflicts of the country The natural resource curse has been a major reason for internal conflicts of the country. It has been studied by various researchers that the region of the country that is highly resource oriented consists of certain groups that are openly asking for their share every now and then. But such conflicts are minor as compared to the conflicts that are taking place within the government ministries. The peo ple that are in power are unable to firm unity amongst each other and are more interested in having the authority over the allocations of the budget. This is where the collapse of the government takes place thereby resulting in insignificant progress. The outcomes of such conflicts could be very damaging for a nation as it can seriously affect the economic growth of the country. According to a research, the countries that have lower percentages of exports of gross national products are involved in less amount conflicts as compared to the countries with higher percentages of exports. Lack of Human rights and Resources One thing that has been a hot target of the natural resource curse is the education for people in resource

Website Lesson Plans Essay Example for Free

Website Lesson Plans Essay In math there are many interactions that can be done to get children to learn math. With these interaction it will build skills that will help lay the foundation for more confident math learner. With the development of problem solving children will understand that there are many different ways to come up with an answer and apply it to math successfully and to apply it to their everyday life. To do this children need to be included in activities and in math language. It can include weighting, measuring, comparing, and figuring out numbers, numbers, charts, shape or symbols. With mathematical reasoning children are able to think logically, see similarities and the differences in objects or problems. They will be able to make choices based on their own findings. The children will be about to think about the relationship or math language that it might hold for them. These lesson will be able to show anyone what a child is learning, how, and why they learn math. It helps them calculate in mathematical method. It will identify the levels at which individual child are working in the subject of learning. These children will be studying for an instructional goal or objective of learning that is required for the teaching in the standard of math. The major concept skill of students, principle will be identify and learned. One or more concept skills will be taught and addressed in the lessons. In a 5th grade math â€Å"Numbers and Operations† lesson the object of it is to get children to learn why numbers are an important part of every day life. It helps to talk with the children about the different reasons why numbers are used in everyday life. After the teacher talks to the student then the teacher can ask the children some question on numbers. What are some uses for numbers? Why are numbers important? The teacher than can let the class look around the room and see if they can point out any uses for numbers in the classroom. After a while the teach will point out some less obvious uses for numbers in the room: the number two on a pencil, the clock, the windows in the room, the number of paint brushes, and the number of children in the classroom. The teacher can than re-ask more questions about numbers: where can the children see numbers, why are numbers there, are they measuring, representing groups, or telling time (Discovery Education, 2013)? When everyone has returned to their desk and shared what they have found the teacher will ask all the students to imagine a world without numbers: what would it be like, how would the classroom or school be different, and how would things be different? The students will have a few minutes to think and share their thoughts about the subject. Than the teacher will talk about what the children do in the class or at home: what would be hard to do with out numbers, how does numbers help them know when to go to school, how does numbers help them stand in line or how many plates to get for the table? By asking the children these questions it really gets them to think about why and how numbers are used in every day life (Discovery Education, 2013). Near the end of class the children will write or draw in their journals to show a time they had used number in their life. The higher level children can write and draw a picture to show what they did. When they are done in their journal the children can display their work for the class to see (Discovery Education, 2013). This lesson is about getting the children to understand numbers. The children find ways to represent numbers in their life. They also start to build a relationship and system with numbers. The children come to understand the measurable attribute, process, system measurement of objects and units in numbers (Discovery Education, 2013).

Post Emancipation of Slaves Essay -- American History

After the emancipation of slaves, many things changed throughout the south. The slaves had the title of freed people, but these freed people didn't have the same rights and privileges as their white counterparts. Even though the freed slaves were suppose to be able to live an equal life with the whites, the whites still found ways to keep the African-Americans from being equal with them on all levels. The whites imposed all kinds of hidden rules towards the blacks and the consequence of breaking those laws was death. The whites did not want the ex slaves to be equal and even after the white men's mistress failed at assuming the jobs of their ex slaves, the slave masters still didn't give blacks credit for being able to do the work that they did. Things did not get better until after the civil rights movement and even then, things are as great as they should be. Things before the civil rights movement, from the beginning of slavery to the civil rights movement was the worst that it co uld get and even now there is only a little sign of improvement, but the fact that people in the world who still wants to see racial equality show that the fight for equality isn't over and it won't be until the goal at hand is successful. After the emancipation of slaves, the wives had to take over the role that the former slaves once did. The wives had to cook, sweep, wash the clothes, feed the animals, milk the cows, take care of the children, and clean. The wives of these former slave owners had to assume the jobs that the freed slaves abandoned and they also had to do the things that they normally did when the slaves were there. At first they were upset because they knew that once their slaves left, they would have to fulfill the duties ... ... place. When the blacks moved to the city they faced hatred and they got harassed by the whites and the current black residents. The newly blacks that moved to the city not only faced hatred and harassment, but also city officials made things much harder for blacks to be able to move into the cities. In conclusion, the black have faced many problems after the emancipation of slaves. Even though things did not get better for the freed blacks until the civil rights movement, things still were better then being someone's slave. The emancipation of the slaves not only affected the blacks but also the whites. The whites were affected because now they had to do all their work themselves and they had to face the fact that the blacks were suppose to be equal with them, which is why they tried their best to keep the black people down socially, politically, and economically.

The Importance

The Importance Paulo Coelho explained, â€Å"Why is patience so important? † â€Å"Because it makes us pay attention. † Being patient and attention to detail are few of many characteristics that are essential to being a proficient healthcare provider. Healthcare providers have a very important job and these characteristics correspond to one another in everyday actions. I always thought of myself as a very patient person and while working at a daycare realized that along with patience came the importance of attention to detail.Patience is very easy to describe when telling one how to do things, but putting it into practice and living in such manner takes one’s self-control. I have always enjoyed interacting with kids and when I had to get a job in high school, I decided that a daycare would be a great opportunity. The majority of my time was spent caring for toddlers. Patience is essential when working with toddlers.I had to juggle chasing around squeamish, playfu l, emotional kids who were going through their first year of life and preparing to move on to their terrible twos. There were many times when three or four kids were screaming and crying, and, at times I felt overwhelmed but had to keep my composure, so that I could calm them down. Attention to detail is important as it points out and makes one realize how to do things right. While working with toddlers, I had to learn that when chaos was going on somebody needed attention.Daily I practiced observing details, such as when a toddler got whiny and upset; I had to remain patient throughout their crying and see whether they were in need of a diaper change or had gotten hurt. Patience and attention to detail for a healthcare provider can determine the outcome of a patient’s health. As I cared for toddlers my interest and desire for working with children grew. I reconfirmed that I had the characteristics of knowing how to take important issues with time and preciseness to assure th at nothing of importance is left out.

Politics and Education Essay

Education can develop the personality of a person not physically but mentally as well. An educated person can look at a certain issue from various perspectives. A politician has to control over a large community therefore, he needs some extra ordinary skills and the first thing which can make him distinguished, is his qualification. Education can increase his communication and speaking skills. A politician is a social member and his interactions with people are frequent, therefore, he needs maturity and sensibility in his talk and behavior. This is certainly possible with proper education. A politician is the representative of a nation and he should be the perfect person by all means and education plays an important role in making anyone perfect to a great extent. But then, I don’t necessarily think that they need to have degrees in a particular field but broader understanding would certainly help. They must have minimum qualification†¦they need to be knowledgeable and must understand the laws. Politicians like Abraham Lincoln set an example of people who had no real formal education and look at the jobs they did and the leadership they offered†¦It is true that there have been great leaders who were uneducated, Kamaraj in India, for example. But, such gems are a rarity. In life, compromises must be made. Until an intelligent and foolproof plan exists for electing such gems from the public, we must resort to what is best for the common man. An educated person is more likely to do a good job as a politician than an illiterate person. Education is a process that makes people more humane and teaches them a lot about the country, how to express themselves through effective communication and so on I think the only key thing they need to be educated in is the Constitution and process of government. A lot of the early leaders of the country were not well educated even for the time. Some foundation of knowledge is beneficial and they definitely need to be able to reason and learn. They need leadership quality, power in speech, integrity, sincerity, honesty and purity in whatever actions they take for development of country.