Case Study Essay Example | Topics and Well Written Essays - 500 words - 32

Case Study - Essay Example Under normal circumstances, the Federal Emergency Management Agency (FEMA) was expected to take a leading role in providing relief to the affected people but in this case, it is seen working against its mandated task. The then director, Brown, turned down offers of assistance from the police, army as well as the other relief agencies and this was only compounded by a directive that prohibited all the emergency services departments not to respond to any call to assist the victims of the hurricane without being lawfully requested. A year passed after the devastating Katrina but a greater part of New Orleans remained in ruins with little reconstruction taking place. In my own opinion, I think the responsible authorities neglected the areas that were hardest hit by the hurricane. Instead of responding positively through offering assistance to the affected people, they are seen blocking emergency relief as if the disaster was premeditated. Natural disasters are not controlled by man and they cause untold suffering to the affected people, hence the need to put measures in place that are meant to avert the impacts of these disasters. The government is the main body representing all the citizens and it has the responsibility of ensuring that the welfare of its citizens is up to standard. In case of unprecedented natural disasters, all the levels of government in collaboration with other relief providers should take a leading role in ensuring that all the affected people get the needed assistance. Measures to ensure disaster preparedness should always be in place and the government should offer quick responses whenever there is a serious disaster unl ike the case of New Orleans where the responsible authorities are seen blocking aid. It is recommended that public policies which do not discriminate against race or creed must be enacted and fully implemented in all states. It is highly probable that the victims of Hurricane Katrina in New Orleans were neglected on the

Perceiving The Problem Of Poverty In Modern Society Essay

Perceiving The Problem Of Poverty In Modern Society - Essay Example Acceptance of poverty, however, has not been an easy fact that the people can easily accept (Stark 381). Stimulating stereotype among poor people is a factor that would increase inequality in societies. Even though people have the right to different opinions concerning poor people, the stereotype of individuals based on poverty has brought limited freedom among low-income families. People stereotype the poor based on education. The poor people have the view of being uneducated individuals (Peck 15). The society views the poor as people who were not ready to work towards achieving given goals in school. People in the society view education as the last option of eliminating poverty. This implies that there is an attachment of essentiality on education as the only way for gaining access to wealth. This leads to stereotyping among poor people in society. The biased individuals view the poor as people think that the poor people are in the circumstances due to their liking. This is an aspect of stereotyped behavior. With this respect, there has been a widened gap concerning the different class of people that base on education practices. It gives rise to the learned and unlearned in the society. Such activities have created low freedom among low-income families within the communities. For example, they do not have access to certain urban sectors where people go to stu dy due to low self-esteem and an inability to achieve the same. Additionally, there is bias in evaluating the position of the poor such as lazy in society (Rank 63). They do not recognize poverty as part of life. Some people believe that poor people are individuals who are not ready to take on opportunities that come their way.

The Mediation and Arbitration Process Essay Example | Topics and Well Written Essays - 1750 words

The Mediation and Arbitration Process - Essay Example The process of arbitration and mediation as methods of resolving dispute has a long history. It began long before the 20th century. Long before the white man conquered what is now the United States of the indigenous American tribes as a means of resolving disputes within and between different tribes. The first U.S president, George Washington, also used arbitration. He had an arbitration clause in his will that stated that incase of any dispute arising from the wording of the document a panel of three arbitrators should be set to give binding decision to resolve the dispute. He stated that the decision made by the arbitrators should be as final and binding as any decision made the supreme court of the United States. The first arbitration clause to be used in a labor management document in the United States history was made by the Journeymen Cabinet-Makers from Philadelphia. It was more of an interest arbitration clause than a grievance clause. In addition, the United Mine workers of America (UMWA) formulated a type of grievance arbitration clause that was adopted by the delegates and placed in its constitution at the UMWA’s founding convention of 1890. Studies conducted in the United States unionized sector have shown that a number of collective bargaining agreements that contain arbitration as a means of dispute resolution (grievance arbitration) has been on the rise. For instance, in 1944 the bureau of Labor statistic showed that 73% of all labor contracts in United States had arbitration clauses .

Analysis of Articles about Economic Growth Annotated Bibliography

Analysis of Articles about Economic Growth - Annotated Bibliography Example The author showed evidence to support his argument that the recent housing market boom bears many similarities to the stock market bubble of the late 1990s, and may eventually be followed by declining home prices for years to come. All this information helped me understand the real estate market more clearly; therefore, I can deeply analyze the internal connections in both markets. Solomon, S. (1995). The confidence game: How Unelected Central Bankers are governing the changing world economy. New York: Simon and Schuster. The author studied the interaction of the world’s financial markets by looking at the way Central Bankers in the U.S., Germany, Japan, England, and France coordinate their economic decisions, whether related to interest rates, exchange rates or target economic growth and inflation rates. The book showed how the world’s financial markets are connected and controlled by a small group of government officials and economists, which is frightening because people who are not elected are in control, but also somewhat reassuring because it also shows that different countries are helping each other to prevent the global financial crisis from happening. The discussion on the past bubbles, especially the 1987 Black Monday crash in the New York Stock Exchange, and how the market corrected to save itself from a major crisis, are very dramatic and a good learning experience. Tully, S. (2007, September 3). â€Å"Risk returns with a vengeance.† Fortune Magazine, 156 (4), 30-36. This is part of the same issue of Fortune Magazine on the market crash of 2007. This article is a discussion of the issue of risk, what it is, how it is measured, how banks and lenders try to avoid it, how borrowers regard it or not, and how overconfidence and greed result in the lowering of the perception of risk by the market. Although a bit cynical, since the author wrote that financial markets seem to go from one crisis to another, the article is also very enlightening because it shows how a free market economy makes adjustments that market forces learn to abuse.  

How has Denmark influenced European policymaking in Environmental Research Paper

How has Denmark influenced European policymaking in Environmental Policy How has Denmark, in turn, been influenced by the Europ - Research Paper Example In 2009, Denmark hosted the United Nations Climate Change Conference in Copenhagen under the 15th Conference of Parties (COP 15) to address the issues of global climatic change, and how this dire problem could be resolved (Denmark 2010). In similar manner, Denmark also gains a lot from several environmental policies and regulations designed and promoted by the European Union Commission as described below (European Commission 2010). 2 Denmark has been popularly regarded as an environmentally friendly society where people and Government pay serious attention to the principle of environmental protection. The Danish Government has many great environmental policies and practices that are effective and exported to other European countries for similar applications or implementations. Some of these environmentally friendly programs include but are not restricted to the following policies: (i) The Development of Industry-environment Policy:- Denmark shows the other European countries that it is possible to establish a commission that would oversee the relationship between governmental environmental agencies and the industry in a country with the hope to forming a cooperation between the two parties for the purpose of preserving the environment. What the Danish Government did in this case was to set up an investigation on how much pollution the industries caused in the country. After a thorough investigation, it was discovered that Danish industry was solely responsible for the hike in the rate of pollution. To combat this problem, the Danish Government established Pollution Ministry, which specifically makes recommendations for environmental laws, policies and regulations. This approach is effective in stemming the degradation of the environment in the sense that Danish industries are expected to give account 3 of their activities regularly to the agencies under this Ministry with the intention of solving the pollution problems completely (Wallace 26). This policy has b een reportedly copied in other European nations where pollution had become a serious socio-economic problem. It is also Denmark’s hope that this policy will be adopted by almost all European Union countries so as to establish a well-rounded environmental policy that would help Europe Union to control the extent of pollution in the sub-region. Pollution has many far-reaching implications: some of them include causing health hazards, the destruction of farmland produce and making air unfit for breathing. (ii) Creation of Ecocities:- Denmark is one of the countries in the European Union that initiated the policy of establishing Ecocities where governmental laws and regulations about environmental protection are strictly implemented or practiced in order to study the impact of such policies over a period of time (Denmark 2010). What the administrators of Ecocities do is to make sure that the natural resources are consumed appropriately, energy usage should be moderate and the fos sil-fuel sources of energy should be minimized. Water is the main natural resource that is expected to be used wisely in Ecocities. Also, there are programs that aim at creating avenues for people to go â€Å"green†, that is, adopting lifestyles that pay attention to the use 4 of energy-saving alternatives (Denmark 2010). Doing this, Denmark has encouraged other EU countries to take up the challenge of establishing similar Ecocities in their areas. Ecocities are projected to reduce the amount of

Maternal Death Research Paper Example | Topics and Well Written Essays - 1250 words

Maternal Death - Research Paper Example Those deaths occurring to women during pregnancy but are not related in any way to that pregnancy are referred to as accidental. However, many other definitions are contrary to this. Such definitions offer an extension of the duration for consideration after the termination of the pregnancy to one year. Other definitions incorporate incidental and accidental deaths of pregnant women as maternal death (Temmerman & Verstraelen, 2004). Therefore, there lacks a universal definition of maternal death. As such, the issue of maternal death is complex, starting from its definition, to its causes. While there is wide range of information sources regarding maternal death, the sources have not tackled the subject comprehensively, with a gap being left for more research to be undertaken in this field (Temmerman & Verstraelen, 2004). Although it is a complex issue, there is much that is known about maternal death. One of the issues well studied and understood is the causes of this death. The remedies to these causes have also been researched and developed. The direct causes attributable to this death include bleeding. This is known to account for 25% of all maternal deaths (Thaddeus, 1994). This bleeding is caused by hemorrhage or deep vein thrombosis. A lack of skilled medical care during birth could also lead to bleeding, since cuts could be made in a way they are not supposed to be made. If not addressed, bleeding can kill a woman within two hours after birth. Therefore, it is supposed to be addressed immediately it is discovered, through the injection of oxytocin immediately after birth. The other cause of maternal death has been observed to be infections, which normally occurs after birth. After birth infections, accounts for 13% of all known maternal death (Temmerman & Verstraelen, 2004). Therefore, it can be prevented through the observation of hygiene after the birth of the child by a woman. If the signs of infections are discovered earlier, then seeking medical attention is important to eliminate infection related deaths. High blood pressure is another cause of maternal death, which accounts for 12% of such deaths in women. This needs to be discovered and managed earlier, just before it causes convulsions and other complications to the pregnant woman. The effects of high blood pressure can be lowered through the administration of magnesium sulfate, which lowers the risk of developing the high blood pressure in pregnant women (Temmerman & Verstraelen, 2004). Obstructed labor is another cause of maternal death. This mostly occurs when the head of the unborn child is too big for its mother’s pelvis. It can also occur, on the event that the baby is poorly positioned in the uterus (Huron, 2005). It is known to cause 8% of all maternal deaths and as a result needs to be controlled . Obstructed labor can be addressed by the use of partograph, which detects the conditions of a baby before birth. When observed that the conditions are likely to cause prolonged labor pain, then a caesarian delivery can be opted for, to reduce risks associated with obstructed labor for the mother and the child. There are other causes of maternal deaths, which are classified as indirect. They include diseases

A Fair Price Essay Example for Free

A Fair Price Essay An analysis of Warren Buffet as a superior investor and how this contradicts finance theory and the semi strong form of efficiency. Then on a personal level the ethics and social responsibility underpinning Warren Buffet and his company will be expressed. a) Discuss what can be inferred from the changes in stock price for Berkshire Hathaway Ltd. and Scottish Power plc. on the announcement day of the acquisition? On the 24th of May the public announcement was made that Berkshire Hathaway Ltd, would take over Scottish Powers’ PacifiCorp, a significant effect resulted to the stock prices of both companies respectively. The stock price effect is visible in graph 1 2 showing the daily prices for May 2005 for both companies. b) Assess the bid for PacifiCorp. Do you think the bid is a â€Å"fair† price? In assessing whether the bid price $5. 1 billion dollar is a fair price a valuation of PacifiCorp must be conducted. The model that was implemented to perform the valuation was the DCF method. The value derived from this methodology was $ 5 119. 348092 million dollars, rather astonishingly close to the bid price of MidAmerican. The DCF model can be found in appendix) Therefore with a value so similar to that of the bid price, it can be ascertained that the bid reflects the company’s value thus is a fair price. CAPM =| RF +| ? | (rm-rt)| 0. 1013 =| 0. 0488+ | 0. 75| (0. 07)| Table [ 1 ] Terminal Valuen = E(FCFE)n+1 /(rn gn) The DCF model was followed from Rosenbaum’s text (reference) the majority of the inputs have been derived from PacifiCorp’s annual reports. The EBIT has grown at %5. 7 since 2000, signifying good growth signs. This figure combined ith speculation from the 2005 annual report predicting sales to grow at %3 to result in a predicted growth rate of %5 to forecast the FCF’s. A CAPM was used to calculate the cost of equity (as seen in table 1). The industry Beta was used 0. 75(reference), the RFR %4. 88 was derived from the 20 year US Treasury bond rate and the market premium was given at %7. Using these figures cost of equity was found to be %10. 13. Once the cash flows have been forecasted at the 5% growth rate and discounted back at the %10. 13 Ke, then the terminal value must be determined. The terminal value was calculated the below formula, found in Damodorans’ text.