Developed Countries and Economically Developed Countries...

The developed country can be classified also as the advanced country, more developed country (MDC), and more economically developed country (MEDC). Developed country means the country that sovereign state and has a highly growth of economics and modern technological infrastructure compare to the developing country and least developed country. There are several previous studies that have been done on the relationship between inflation rate and unemployment rate in developed country such as by Hogan (United State), Sack’l en (Sweden) and Andrei (Romania). They are done the same research with different method to get same objective. The most of the study is use a VECM method in their research. While, there is a few of the study was used a VAR†¦show more content†¦In the research said that a contractionary monetary shocks will increased the unemployment rate. He was using the Standard dynamic models of price adjustment in the research. Sackl’en and Lundborg (2006), they conduct a research about relationship between inflation rate and unemployment rate to study the low-inflation targeting and long-run unemployment from years 1959 until 2000. They use an ADP model and the United State panel data to conduct this research. As a result when they apply U.S. data, their results strongly rejected the conventional NAIRU model. Berentsen A. et al (2011), they conduct a research using a United State panel data. Their objective to do this research is to study the relationship between monetary policy, as measured by inflation or nominal interest rates, and labor market performance, as measured by unemployment in long run. After conduct the research, they find out that unemployment is have a positively relation to inflation and interest rates in the low-frequency data. Then, they developed a theory in which both labor markets and goods markets are modeled using the search-and-bargaining approach. The framework is tractable and many results, at least for steady states, can be derived simply by shifting curves. Cashiel (2004) has done his research to examine about the relationship between inflation rate and unemployment rate in US. He uses the Phillip Curve model and Nairu model to get a result of hisShow MoreRelatedMore Economically Developed Countries and Less Economically Developed Countries926 Words   |  4 PagesComparison Between MEDC and LEDC The comparisons between MEDC- More Economically Developed Country and LEDC-Less Economically Developed Country are many and varied but are mainly related to finance which gives the MEDC a higher standard of living for its occupants than those of the LEDC. Geographically most MEDC are situated in the northern hemisphere were as the LEDC are mostly in the southern hemisphere. Most MEDC are well advanced or have completed their development period for exampleRead MoreDeveloping A Economically Developed Countries1649 Words   |  7 Pages†¢ More economically developed countries (MEDC) - Countries with sovereign states and that has a highly developed economy with advanced technological industries as compared to other countries. The Human Development index, standard of living as well as the Gross national product of these economies is on the upper level of every chart. According to the International Monetary Fund, advanced economies comprise 60.8% of global nominal GDP and 42.9% of global GDP (PPP) in 2014. COUNTRY KOF INDEX OF GLOBALIZATIONRead MoreCountries and their Level of Development: Least Economically Developed Countries756 Words   |  4 PagesCountries throughout the world differ in their level of development; they are classified within a range of the two extremes as either LEDC (Least Economically Developed Countries) or MEDC (More Economically Developed Countries). The Variety of economies, cultures and people make it impossible to use a single indicator of development. Geographers use diverse Development Indicators to compare regions against each other, such indicators include: LEDCs exhibit the lowest socioeconomic indicators andRead MoreThe Impact of Natural Disasters on Less Economically Developed Countries628 Words   |  3 PagesNatural disasters have a greater impact on less economically developed countries (LEDCs) than more developed countries (MEDCs). How far do you agree with this statement? Natural disasters have always disastrous effects. These could be economic, social and/or environmental. Infrastructure damage can severely obstruct economic activity; social effects can include homelessness, illness, loss of life, injury, and destruction of communities; and environmental damage can range from the tree felling toRead MoreNorth-South Divide1613 Words   |  7 PagesThe  North-South Divide  (or  Rich-Poor Divide[citation needed]) is a  socio-economic  and  political  division that exists between the wealthy  developed countries, known collectively as the North, and the poorer  developing countries  (least developed countries), or the South.[1]  Although most nations comprising the North are in fact located in the  Northern Hemisphere  (with the notable exceptions of  Australia  and  New Zealand), the divide is not wholly defined by  geography. The North is home to fourRead MoreImpact Of Globalization On The Economy Essay1626 Words   |  7 Pagesprocess of connecting economic activities of nations and regions to accommodate intercontinental trade. Goods and services can be easily moved across borders guided by international policies. International investors are encouraged to invest in other countries by either opening new businesses or branching out. Also, the importation and exportation of goods and services are allowed while job seekers can venture beyond their border for better employment. Sustainability is achieved when the needs of theRead MoreEmerging Economies : The Global Economic Growth1106 Words   |  5 Pagesa number of countries known as Emergent Market Economies (EMEs). These countries already account for a substantial amount of the world economic output and have been the major force behind the global economic growth in the last decade. The BRIC countries (Brazil, Russia, India and China), the largest contributors to this growth, represent a greater share of the economic growth than the G7 countries (Michaelson, 2010). Between 2001 and 2013 the economic output of non-developed countries doubled fromRead MoreThe Causes Of Poverty And Underdevelopment1563 Words   |  7 Pagesviews regarding the modern world, existing relationships and differences between the Third World and developing countries. The theories both have similarities and differences in their approaches to poverty and undeveloped countries. Solutions are suggested by both theories, giving diffe rent strategies to improve the gaps or connections between the developed and underdeveloped countries and societies. Wehler (1975:11) explains the concept of Modernisation to be the development from traditional toRead MoreGlobal Warming Is Responsible For The Climate Change860 Words   |  4 PagesFirst world countries contribute most to the problems of unsustainable development and thus they should be responsible for resolving the issues caused by such developments, particularly when they are still having an indirect impact in promoting unsustainable development and have resources required to counter these problems. Researchers have proved that more than the increasing rate of population in certain developing countries; it is the per-capita negative impact that First world countries are havingRead MoreDeveloped Country Vs. Developing Countries988 Words   |  4 PagesDeveloped Country vs. Developing Country Developed and developing are the titles that countries around the world are being labeled by based on the development of their economy and technological infrastructure. Although these countries may carry a likely similar name, they are however completely different in many ways. The two types countries usually differ in their environment, population, education , and living conditions. Most importantly, they obtain distinct economies, which makes them part

Identity Crisis in Canadian Film Essay - 5812 Words

Identity Crisis in Canadian Film Much has been written about the ways in which Canadas state as a nation is, as Peter Harcourt writes, described and hence, imagined (Harcourt, The Canadian Nation -- An Unfinished Text, 6) through the cultural products that it produces. Harcourts terms are justifiably elusive. The familiar concept of Canadian culture, and hence Canadian cinema, within critical terminology is essentially based on the principle that the ideology of a national identity, supposedly limited by such tangible parameters as lines on a map, emerges from a common geographical and mythological experience among its people. The concept that cultural products produced in Canada will be somehow innately Canadian in form†¦show more content†¦Suffice it to say that art and national identity are assumed to be interrelated in critical practice, and the principles by which this is normally assessed are at times troubling. Many of the problems inherent in criticism that locates the Canadian psyche in Canadian cinema have to do with the large scope of many investigations of the English Canadian cinema. Our criticism of national cinema or, more generally, cultural production is usually sandwiched between two dominant, yet opposing, approaches to text: Marshall McLuhans concept where the medium is the message on the one hand, and Margaret Atwoods thematic criticism, in her book Survival, on the other. Although both approaches are valid, they require vast investigations of Canadian cultural production in order to ascertain supposed commonalities. These distinctions or shared traits among Canadian cultural products are presumed to be ties that bind us culturally as a nation. By being broad in our investigations, however, we are merely reduced to reiterating plot summaries and making generalizations about films as they relate to history vis a vis an already established critical rhetoric. The tendency is ofte n not to analyse individual films extensively,Show MoreRelatedAnalysis Of The Movie The Master Of Disguise 1589 Words   |  7 Pagespublished in Wired magazine in 2007. The movie is filmed upon the story of escape of six American diplomats, who were captured during the seizure of American embassy in Tehran, Iran in 1979. The whole project was named as Canadian Caper after the joint venture of rescue by the Canadian government and Central Intelligence Agency. Production: The ARGO movie project was based in 2007 by three producers named George Clooney, Grant Heslov and David Klawans. After that in 2011 Affleck also joined the productionRead MoreThe World War One Of The United States1692 Words   |  7 PagesThrough these times of hardship and glory Canada has succeeded in finding its autonomous identity in the world, as a â€Å"middle power†. Throughout the time periods of 1914-1945, 1950-1970, and 1971- 1990 Canada has been involved in many wars that have displayed its independence and strength as a country. The World War One battle of Vimy Ridge, in 1917, was the first grand victory of Canadian forces. The Canadian Corps, under Lieutenant-General Julian Byng, had trained and independently overcome theRead MoreThe Role Of Women During Post War Period1508 Words   |  7 PagesThe threat of nuclear warfare was the influencing factor in women having to become the homemakers. By being at home women were able to fulfill the health and welfare roles put upon them to keep their husbands and children safe, healthy and calm in a crisis. By having to be the savour in the family they have a lot more responsibilities, including having to take part in a neighbourhood watch, firefighting and nursing. 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Manufacturing processes were a lot faster, because of the improved work flow and better distribution of labour. These drastically changes sharply improved the productivity in the manufacturing sector, thus companies were ableRead MoreConflict between Canada and the First Nations Essay1139 Words   |  5 Pagesand use of its bountiful resources. In order to make things fair, the Canadian government issues treaties, which were meant to initiate the regulations of the land and its resources whatever they may be, and to verify the rights, obligations, and ownership of the land; But sometimes these treaties are broken. A well-known example of aboriginal injustice happened in the year 1990 from July 11th – September 26th. The Oka Crisis, as it was called, was a 78 day confrontation o ver the Mohawk burial groundsRead More Dilemma of Immigrants in America Essay1391 Words   |  6 Pagesimmigrants nowadays. Because of her families religious tradition, Mukherjee is confined by her permanent identity in her own culture, â€Å"a Hindu Indian’s last name announced his or her forefathers’ caste and place of origin†¦a Mukherjee could only be Brahmin from Bengal†¦my identity was viscerally connected with ancestral soil and genealogy† (Mukherjee 1). From her attitude towards her identity, Mukherjee does not want to confine by the Hindu tradition. She is rebellious against her own culture evenRead MoreThe Child That Lives From Within1681 Words   |  7 Pagesthat Norman’s character reinforces. Despite the age of the theories and film, the question concerning if Norman Bates’ mental state is innate or a gradual creation provides an understanding of current coalitions between parent-child bonds and psychopathy. The accurate d epiction of how Norman is nurtured into being a killer shows viewers that although he is a fictional character, he represents psychopaths outside of the film world. 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The World War One battle of Vimy Ridge, in 1917, was the first grand victory of Canadian forces. The Canadian Corps, under Lieutenant-General Julian Byng, independently overcame the Germans. It was clear that, â€Å"[the battle of Vimy Ridge] was a stunning victory. The Canadians had gained

My Life in Five Years Free Essays

My Life in Five Years Salvador Dali once said: â€Å"Do not fear perfection, you will never achieve it. † Of course, I don’t expect to find perfection during the next five years, but I do imagine a positive and brilliant future life. I am self-confident, composed, self-controlled, cheerful and full of energy, and even humble. We will write a custom essay sample on My Life in Five Years or any similar topic only for you Order Now I don’t waste time; I can define a goal and know how to reach it, and I never leave things half done. While I don’t claim to be able to predict where I will end up, there are a few things that I know for certain that I want to accomplish: I would like to improve my education and therefore career opportunities, where I can help solve other people’s problems, explore new places and meet new friends, and finally, build the house of my dreams and find someone in my life to share all that with. The family is the foundation of human society and my number one priority. It is very important that a man’s family provides understanding and gives him moral support. Before any professional or financial success, a man must achieve family success—only then can he achieve something in his life. Therefore, I would be most grateful if I found someone to share my life with and start a family. The experience and pleasure that travel provides is a very important thing for any person. In my opinion, traveling is a source of emotional and personal inspiration; therefore, I will visit such countries as USA, Canada, France, Italy and others. Traveling will help me make new friends around the world and be able to get out and about the people from diverse background, which I’m certain will enrich my own life, to be sure, but also the lives of those to whom I come in contact. Last but not least is my education and career. I have asked myself many times what I wanted to be. A few years ago it was difficult to give a definite answer. I had changed my mind several times. During this past year I finally discovered what it was that I most wanted to pursue. I realized that my strongest desires were to continue specializing in innovative technologies, learn foreign languages, and most importantly, complete an MBA. Working with passion had always been my aim. I plan to do the work I love and hopefully earn good money as a bonus. I will make it a habit of helping people solve their problems by means of finding opportunities to create products and services. According to Nikolay Ostrovskiy, â€Å"life is given to us but once and we must live it so as to feel no torturing regrets for wasted years. † I realize that I won’t achieve perfection when it comes to all my dreams, but I recognize that life and time are both precious. I am committed to doing everything possible to make these goals become part of my five-year reality. How to cite My Life in Five Years, Essays

For nonprofits, budget offers plusses but endowment reauthorization is still pending Essay Example For Students

For nonprofits, budget offers plusses: but endowment reauthorization is still pending Essay But Endowment reauthorization is still pending Congress, leaving Washington in the dog days of August, barely completed the grueling budget bill a painstakingly achieved piece of legislation that contains several provisions of interest to the nonprofit arts community, for whom the bills passage is seen as a success. One of the most important victories in the bill is the permanent and full charitable deduction for all gifts of appreciated property (stocks, bonds, real estate, art works and other appreciated assets). The provision retroactive to July 1992 for tangible property such as art works and to January 1993 for intangible property such as stocks and bonds reverses action taken in the 1986 Tax Reform Act that subjected gifts of appreciated property to the alternative minimum tax, allowing the donor a tax deduction only on the purchase price not its market value which brought gifts of art to museums to a virtual halt. To ensure that the appreciated property provision would not add to the federal deficits, Congress created a financial offset in the budget bill with the adoption of new substantiation and disclosure requirements. When the bill becomes law on Oct. 1, taxpayers will need written confirmation from the recipient organization in order to claim a charitable tax deduction for a donation of $250 or more. Additionally, nonprofits that receive quid pro quo contributions contributions that are in part payment for goods and services, such as a ticket to a special benefit evening with a value of $75 or more are required to provide an acknowledgement to the donor noting the deductible and nondeductible portions. Another successful campaign mounted by nonprofits removed proposed language from the bill that would have disallowed, in part, a charitable deduction of $2,000 or more where the lobbying activities of the nonprofit organization were of direct financial interest to the contributor. The organization would have been required to determine which of its contributors of $2,000 or more had a direct financial interest in any of the groups lobbying activities, and the portion of the donation that was determined to have been spent on those lobbying activities would not have been tax deductible. Opponents of the measure argued that it would have been impossible for nonprofit groups to accurately determine which of its donors had a direct financial interest in its lobbying activities or what actually constituted this interest. Special burden on contributors On the negative side of the nonprofit scorecard, the budget bill makes permanent a three percent floor on itemized tax deductions, including charitable deductions, which was due to expire in 1994. Taxpayers with incomes of $108,000 or more are currently subject to the floor, and nonprofit lobbyists argued that the floor places a special burden on charitable contributions; since individuals are less likely to adjust their deductions for state and local taxes and mortgage interest, the law may encourage them to reduce their charitable contributions to compensate for the increased tax. Another loss for arts groups commercial as well as nonprofits is the reduction in deductibility of business entertainment expenses, including tickets to cultural events, from 80 percent to 50 percent. While several attempts were made by members of Congress to maintain or increase the deduction level, it was lowered to 50 percent during the final moments of the budget conference, as negotiators scrambled for additional revenue. But the fact that the House and Senate conferees who determined the final outcome of the budget bill increased tax rates on higher income individuals from 31 percent to 36 percent, and the highest income group will be taxed at a rate of nearly 40 percent, is likely to have a favorable impact on the nonprofit sector. Research conducted by Independent Sector and other groups indicates clearly that charitable contributions do increase over time when tax rates go up. Independent Sector estimates that national giving to all philanthropic causes will increase by $1.6 billion annually under the new law. Lost horizon EssayJames Earl Jones, actor and former National Council on the Arts member: She most assuredly has the heart, the integrity and the dedication required to meet the challenges that such a position would bring to bear. In Jane, we are certain that you will find not only a talented actress, but also a good friend to the arts. Sen. Edward M. Kennedy (D-Mass.): I commend the Presidents choice. Jane Alexander is a respected artist and effective advocate for the arts. Her nomination signals President Clintons determination to end the controversies that have politicized the agency in recent years and to emphasize the indispensable role of the arts in our national life. I am confident that, under Ms. Alexanders leadership, excellence will be the standard and free expression the rule. Peter Zeisler, executive director, Theatre Communications Group: The nomination is an inspired choice that joins the United States with those countries where professional artists have headed national cultural agencies over the years. This nomination, and that of Sheldon Hackney as chairman of the National Endowment for the Humanities, place distinguished professionals with extraordinary credentials in charge of two critical agencies. Zelda Fichandler, artistic director, The Acting Company, New York: Ms. Alexanders roots are in the nonprofit professional theatre, and she has consistently returned to the theatre while simultaneously enjoying great success in film and television. She knows and understands the importance of the nonprofit arts in this country. She is an activist in social causes and an effective and eloquent spokesperson for the arts. Her long experience interacting directly with audiences gives her a special understanding of how important the arts are to the American people. Tom Kilgannon, communications director, Christian Action Network: We just dont think someone from Hollywood should be running the NEA. We think she will tend to place the interests of the Hollywood elite or the advocates of the far Left higher than the interests of Middle America. Marshall Wittmann, legislative affairs director, Christian Coalition: The cultural policy of the administration is one that is on the side of cultural radicalness. We are going to urge Congress to judge th nominee by a middle-class family standard. Judith Golub, executive director, American Arts Alliance: The American Arts Alliance is excited to begin to work with Ms. Alexander. With her outstanding career in the arts, we are confident she understands and will convey the important roles the artist and the arts play in American society. We also have long admired her skills as a leader and her ability to bring people together in support of the creativity and diversity so deeply rooted in our American tradition. Washington Post editorial, Aug. 15, 1993: The nomination of prize-winning actress Jane Alexander to head the NEA is a welcome message from the White House that the arts are not primarily about political cat-fighting . To the frequent assertions by Hill NEA-baiters that the private sector can take care of quality art, can respond, as she did before an appropriations hearing in 1990, that every single play that has won the Pulitzer Prize since 1976 originated on a nonprofit stage . Still, Ms. Alexander shouldnt believe that straightforward good spokesmanship is all the Endowment needs to get out of its current jam. No matter how eloquently she makes the case for the Endowment, the laws of political gravity will ensure that most of the questions she fields will be about the Whitney Museum, chocolatesmeared performance artists and crucifixes in urine. This is a function not necessarily of the issues or of the answers she gives on them, but of the political interest of the questioners an d the desire to test and even taunt some of the would-be grantees. To deal with the questions effectively, she will need not only poise but also a clear political strategy.