The last financial crisis 2007-2009 has many implication on different Research Paper

The last financial crisis 2007-2009 has many implication on different markets , however there are some arguments that the gulf a - Research Paper Example Therefore, the overall coursework of the research incorporates a qualitative research approach through analyzing different scholarly based articles, peer-reviewed journals and governmental reports in order to evidently justify the impact of financial crisis in Qatar and other GCC countries. The findings of the research identifies that the financial performance of Qatar and other GCC countries were significantly affected. The real estate and construction industries belonging to most of the GCC countries were highly affected by the US financial recession 2007-2009. However, the conventional investment system along with the lower exposure to sub-prime assets has helped the GCC nations to avert financial risks from the crisis. Table of Contents Abstract 2 2 1. Introduction-Background 4 2. Literature Review 4 3. Research Objectives and Research Questions 7 4. Research Design 9 5. Data Collection and Analysis 10 5.1 Data Collection 10 5.2 Analysis 10 6. Ethical Consideration 11 7. Analysis 12 8. Conclusion 15 References 16 1. Introduction-Background The invasion of the last financial crisis 2007-2009 has been ever considered to impose considerable impact on the economic conditions of global nations. The crisis that took during the period 2007 to 2009 had considerably affected the global economy and made dramatic changes to the financial conditions throughout diverse regions of the globe. The global financial turmoil had radically impacted most numbers of the developed countries across different regions of the world. During the financial turmoil period, the countries associated within Golf Council Corporation (GCC) have also been experienced to get affected in terms of real Gross Domestic Product (GDP) growth rate along with annual consumer inflation rate (Nanto & et.al, 2008). With reference to the major consequences that experienced by the GCC nations, the research report tends to critically assess the major factors affecting the financial condition and analyze thei r radical implications that devastated the economic position of the GCC countries. The report also tends to conduct literature analysis through highlighting major economic theories, historical influences and assumptions relating to the invasion of the economic crisis during the period 2007 to 2009. 2. Literature Review In relation to determine the severe impact of the last financial crisis 2007-2009, numerous researches and analyses have been made concerning the identification and assessing the consequences of the influencing factors that led towards the last financial crisis 2007-2009. Various literatures depict number of issues that significantly define the root cause of financial crisis along with their potential implications that further led the GCC countries to experience radical changes in their respective economic conditions. Therefore, the literature review section would be incorporated with analyzing various scholarly based articles, reports and internet related sources alo ng with their findings in order to evaluate the major impact of financial crisis on the GCC regions. According to the observation of Cozzi (2009), the aspects including low household saving rates along

Solar Power Generation Essay Example | Topics and Well Written Essays - 1000 words

Solar Power Generation - Essay Example This is by far the primary consideration in the operation of power electronic devices. In Solar power generation, light from sunshine is converted by photovoltaic (PV) Solar panels into direct current (DC) electricity. For power electronics (in today's world and in the future) to enhance Solar power generation, this aspect (efficiency) is a vital consideration. Solar panels generally have a conversion ratio or Solar panel efficiency, which is an indication of their energy-conversion capability. PV enhancement strategies must include design considerations that improve their current efficiency level, which is presently estimated at a maximum of about 17.5% (Greenpeace, "Solar Generation"), and a minimum of 6% (IEA, "Renewables for Power Generation"). The thickness of crystalline silicon used in PV production however needs to be carefully balanced against the desired increment in efficiency. This is due to the fact that efficiency tends to decrease with the thickness of the Silicon mate rial. Perhaps some attention could be paid to optimising the spacing and inclination of PV panels (Geuder, Norbert et al). It might also help to look closely at enhancing PV efficiency through more focused use as ground receiver to capture maximum irradiation, with permanently varying solar angle (Geuder et al).It is also a vital aspect of power electronic-for-solar power strategy to consider the enhancement of the absorption efficiency of the PV solar panels. Energy conversion wastage is not acceptable in solar power generation, as there is relatively little power to waste- the largest PV plants have a capacity of just under 60MW. Power transfer losses may also be minimised by specifying the voltage capacity(Guidelines for Solar Power Generation) as a means of reducing availability of wastable voltage . Grid strategies Solar generated power can be harmoniously used with grid (conventional) electricity, through proper incorporation of power electronics. In the increasingly environment-conscious world, as less of conventional energy consumption is desired, less grid electricity will feature in mainstream power supply. Hence hybrid systems can be enhanced, supported by power electronics- the grid system can act as a storage system receiving excess power generated by the photoelectric systems during the day and exporting needed energy back into the PV system during a shortfall period, such as night time. Through Inverters converting DC to AC for the grid, for instance, there can be significant augmentation and increase of solar power generation; likewise stand-alone systems can benefit from Inverters and batteries applied for AC usage systems. The grid-connected PV systems need a wide range (Greenpeace, "Solar Generation") of power classes to be properly adaptable to the flexibilities of grid power app lication. Power capacity The power capacity of PV solar panels can be enhanced for greater output in solar power generation. By paying close attention the weather, suitable operating conditions can be exploited for PV arrays. Further, by choosing an appropriate time of day, PV

Video news release Essay Example | Topics and Well Written Essays - 500 words

Video news release - Essay Example Through undertaking a survey of 77 television stations that broadcasts to 50% of the USA population, the CMD found that there were 36 video news release that were aired by these television stations incorporated and disguised as part of their own news, without disclosing to the audience the authentic source of the video news (). However, the major problem associated with the video news release is that the television stations that broadcasts these types of news fails to balance the clients news with their own independently researched footages, so as to present to the clients the actual status of the clients. More than 75% of the USA adult population depended on television news to be informed on what is happening around the world. Therefore, the television news that is aired on a daily basis has a great influence on the ability of the people to evaluate everything, ranging from consumer products to government policies (). The government has also been known for contributing the highest p ercentage of video news release that are aired by the television news, while political parties and other politically-based organizations are keen to broadcast their opinions to the public though the use of the video news release. There has been a recent controversy over the state of the video news release being incorporated within the normal news broadcast by televisions to the public, but the controversial debate has not deterred the television stations from continued airing of the fake news (). The controversy has led the U.S. Federal Communications Commission to investigate the conduct of the television stations that incorporates corporate clients or the government released video news release as their own news. This resulted to the issuance of the FCCs April 2005 Public Notice, which provided that the television stations must always disclose the sources of their news

African American treatment by the police Essay Example | Topics and Well Written Essays - 2500 words

African American treatment by the police - Essay Example Most African Americans, particularly those victimized by crime is a disproportionate manner, have little trust that the police would treat them in a fair manner. On the contrary, the population believes that law enforcement officials should treat all people equally regardless of their race, gender, or religious affiliation. This issue has attracted considerable attention, in different parts of the country based on the growing rates of victimization and exaggeration y the media in the United States (University of Texas, 2013). This paper will depict the issue of victimization of African American by law enforcement officials. It will also discuss how the media influences the perception of the public towards a criminal, and how media depiction of an incident affects individuals involved in a criminal activity. Researchers have revealed that a large number of black young men feel targeted by the police, particularly when driving or walking. In this case, they feel judged by stereotypes, which fuel resentment, hopelessness, and fear. Statistically, when targeting issues such as implementation of a drug policy, pulling individuals over, or implementing a death penalty, various racial disparities prevail. As such, just as most black Americans are influenced by crime in a disproportionate manner, the police equally scrutinize them unfairly (Fiducia Project, 2012). In 2010, for instance, African-Americans, representing 13% of the total population, accounted for about 55% gun homicides victims. These conflicting feelings have resulted to creation of incompatible policies. During the mid-1980s, a time when cocaine epidemic was dominant, tearing apart communities and families, and fueling murders, black lawmakers were on the forefront to facilitate in the establishment of laws that would help control the menace. This issue led

Sheppard v. Maxwell (384 U.S. 333) Supreme Court Case Essay

Sheppard v. Maxwell (384 U.S. 333) Supreme Court Case - Essay Example 333), the trial court did not conduct a fair trial because of media interference that may have caused excitement and prejudice in the ruling of the case (Sheppard 1966). The public distraction in the courtroom can influence the autonomy of court discussions thus distorting the conclusion arrived at by the jury either in favor of the accused or the wronged person (Sheppard 1966). Therefore, there should be a maximum order in the court so as to ensure fair ruling by the judges. The public has a right to know the truth by following the court proceedings in any case of interest to them. In that regard, media are a public watchdog and have the right to attend to the courts proceedings in order to make a follow up the of the court process and inform the public about the process (Siegel 183). The presence of media in the court proceedings influences the fairness of the court’s ruling. Therefore, it is essential to have controlled media presence in the court in order to avoid unnecessary interruptions that may result to â€Å"prejudicial publicity† (Sheppard

3 Iron korean movie summary Essay Example | Topics and Well Written Essays - 250 words

3 Iron korean movie summary - Essay Example One day, Tae-suk sneaked into a house which had numerous photos of a beautiful model, adorning its walls. In the house he eats, then washes up and does some repairs. During this process Tae-Suk realizes that, he is being watched by the owner of the house who is a woman. The woman is Sun-hwa (Lee Seung-yeaon), and Tae-suk quickly recognizes that she is the model appearing in the photos adorning the walls of the house. With a closer look, Tae-suk realizes that Sun-hwa is badly bruised and suspects that it is all as a result of domestic violence. Tae-suk’s suspicions are confirmed when he returns home later that evening and finds Sun-hwa being slapped around by her husband Min-Kyo (GweonHyeok-ho). This makes Tae-suk angry as he impulsively bursts into the house and grabs a golf-club, and then uses it to beat up Min-kyo. Moments later Tae-suk elopes with Sun-hwa as they ride on his scooter. Sun-hwa silently joins in him in his existence as squatter which eventually blossoms into a love

The Republic by Plato Essay Example for Free

The Republic by Plato Essay In the book The Republic, Plato explores the mystery contained in living a good life where he looks at living a just life and what it entails. He also looks at life when there are philosopher kings ruling. The main character in the book is Socrates who is engaged in a discussion by some friends he meets when coming from the Piraeus to offer his prayers. He is walking with Glaucon on his way to the city when Polemarchus catches sight of him and invites him to walk with him along with Adeimantus who is the brother to Glaucon and they end up going to his house. Once they get to the home of Polemarchus, there they find Cephalus his father, his brothers Lysias and Euthademus and also Thrasymachus, Cleitophon and Charmantides. Cephalus admonishes Socrates for not visiting him often yet he is an old man who cannot be able to travel as he would wish. He however appreciates old age since it has given him peace that he could not have gotten when he was younger. He exhorts the goodness of old age instead of complaining as his peers did about the ills of old age. Socrates becomes intrigued and asks him whether his position is affected by the fact that he is wealthy and there starts the discussion of what makes one content with his life. Cephalus is convinced that ones disposition determines how contented or discontented one is with his life. According to him riches whether acquired or inherited does not play a part in ones happiness instead how you have decided to live your life is what matters (Jowett B. pg 11). He is of the idea that a good man whether poor or rich is a happy man while a bad man whether rich or poor is an unhappy man. He defined a good man as he who is just to others. Socrates wants to know what justice is and thus the beginning of the discussion about justice. Since they defined justice as speaking the truth and paying off debts, Socrates wants to know whether there are any exceptions to these rules. He also wants to know if one becomes less just if he decides that it is for the best not to do exactly as required by the rule of justice if it causes more harm than good to obey the rule. Socrates is of the opinion that justice must have a much broader definition than the one currently in use. At this point Cephalus exits and leave his son to take over the conversation on his behalf. Polemarchus is of the same opinion as Socrates but still quotes a respected man and a poet (Simonides) as having said differently but excuses him by assuming that he had not considered all the scenarios that are possible.   Polemarchus is however of the opinion that this rule only applies to those people who are considered to be ones friends. To those who are enemies, the rule of returning what is owed applies strictly even if by doing so one cause harm to the one receiving what is owed. He interprets what Simonides meant when he wrote about justice and assumes it to mean that one should give to each what they deserve meaning that to a friend one should do that which is good and to an enemy one should give evil. If by repaying a debt one is doing evil to a friend, then one should not repay it but if it is to an enemy one ought to be able to do so gladly. In their discussion, it emerges that there are times that injustice is preferred to justice and that in most cases it is considered useless when other things are useful and vice versa (Jowett B. pg 17). After much discussion they seem to agree that a just man cannot cause harm to others whether they are enemies or friends. This then leaves them with no definition of what justice is yet they require knowing what it is. At this point, Thrasymachus enters the conversation but for him to give his opinion of what he thinks justice is, he demands that he be paid some money. He introduces to the reader the third definition of justice which he claims to be the interest of the stronger (Jowett B. pg21). This is because the laws governing people’s deeds are formulated by the government which in turn is made up of the strong people regardless of what sort of government it is. Socrates questions this definition since the rulers may be wrong in formulating the laws and make some which may cause injury to them. If the subjects in being just must obey the law, the question then becomes whether by causing injury to the ruler they are still supposed to be just. At this point, Cleitophon contributes by saying that as long as the stronger thought that whatever was being done was to his interest, then it was justice to go ahead and do it despite its assumed harm to him. Thrasymachus defines the ruler or the stronger man as he who cannot make a mistake and if one does make a mistake, he ceases to be a ruler. Socrates asks him who is the master of an art and after it is established that the one who does something best is the master of the trade. In agreeing to this, Thrasmychus finds himself cornered by Socrates because then it means that the ruler defines justice as that which serves the interest of his subjects and not his own interests. This is because a master of an art does all he can for the benefit of those under him and one of the examples given is that of a physician who does all he can for the benefit of the patient yet he is the master of the art. It seems in this case that the ruler has made a law that affects him negatively because it has reduced his social standing. In this way then, the ruler has made a mistake and hence stops becoming a ruler because he has not put his interests first in making the law. Thrasymachus is of the opinion that the unjust man benefits more than the just one does and he defines justice as â€Å" the interest of the stronger whereas injustice is a man’s own profit an interest† (Jowett B. pg 27). He seems not be consistent in his view since he attributes different qualities to different professions as the definition of justice. The discussion takes a turn at towards perfect societies where the perfectly unjust society is seen as being more profitable than the perfectly just society. Thrasymachus is of the opinion that just people want equality with the just but want to have more than the unjust while the unjust wants more than everyone (Jowett B. pg 32). Socrates asks if an unjust society can be able to rule without exercising any form of justice. He however does not receive a precise answer. The first book ends with the question whether justice is good or evil. Thrasymachus remains silent from this moment on. Glaucon enters the scene with questioning Socrates about the types of goods there are and how they can be classified. They come up with three types of goods an justice is placed at the level of goods which are accepted because by practicing them one gains but if they had another choice would rather not engage in them thus preferring injustice to it (Jowett B. pg 38). In doing this he seems to be supporting the position of Thrasmychus but still wants to hear the opinion of Socrates on the true nature of justice. He believes that people do that which is good because they are afraid of the repercussions of doing evil and if they had a choice they would opt for evil other than good. To support his position, he tells the story of Gyges, a shepherd, who got a ring from a dead mans body that had the power to make one invisible. The ring allowed him to do things that he would otherwise not do with people seeing him. People obey the rules of justice because others can see them but if there is a chance that they will not be seen, then their true feelings emerge and most often than not they (the feelings) will be inclined towards injustice and evil. As the story is told, Gyges uses the ring to become invisible and seduce the queen who helped him eliminate the king and he became the king. It is obvious that prior to his having the ring, he could not have done so but under the guise of invisibility he was able to do much evil (Jowett B. pg 39). Glaucon wants the unjust man to be totally unjust and the just man to be totally just because total injustice can be misconstrued to mean justice. Adeimantus his brother supports him by adding that parents teach their children to be just so that in future they may be able to get good jobs and marriages and not necessarily to make them good. However Socrates is convinced that they are arguing for injustice yet they do not believe in being unjust (Jowett B. pg 45). According to Socrates, a state arises as a result of the needs that people have and it must be comprised of different categories of people who all work together to ensure the goodness of all. Justice is supposed to have led to the existence of three classes of people namely: the rulers, the producers and the soldiers. They all have specified duties and none should try to do another’s because that would be deemed as being unjust. They all have their roles and to assume another’s role is to rob the individual of his way of earning a living hence becoming unwittingly unjust. Also in trying to add another person’s load onto your own, it would lead to doing a shoddy job hence becoming unjust to those who trusted you to do the job for them (Jowett B. pg 47). Socrates takes both Glaucon and Adeimantus through the formation of a state where the three categories of people exist with justice being defined as minding ones business and letting others do the same up to the point where out of increased needs, the roles start to intermingle leading to a breakdown of justice. People in the state require that which does not belong to them to make their lives comfortable and in so doing become unjust. He then decides to create an ideal city where there is no private property or even wives and children. This is done for the common good and in such a city justice is not required. The discussion changes from whether a city is just to the question of whether there is any possibility of such a city existing. It is at this point that he introduces the idea of philosopher kings. The philosopher king is supposed to be just, a lover of wisdom and of truth. He rules not because he gains but because he wants to help the people who are his subjects. In this state, there is no discrimination among sexes and neither are there classes of people since all are considered to be equal. Philosophers are assumed to be the only people who can be able to decide which pleasures are good for the citizens and hence the need to have one as a ruler. He believes that power corrupts a ruler and the only one who is incorruptible is the philosopher and hence the need to give him the power to rule. He finishes off by criticizing the forms of governments that arise as a result of corrupted rulers. According to him, the least threatening of the governments is what he calls timocracy which is an authoritarian rule that is headed by an unstable minded man who wants to avenge the humiliation suffered by his father at the hands of his mother. Oligarchy is worse than timocracy and is characterized by having a band of few rich men who are the leaders and respect nothing other than money. Democracy follows and is seen as the rule by demagogues who are not even fit to be doing so. The worst of all the governments is tyranny where the ruler has absolute power and rules by dictating his desires and making them into laws to be followed by the citizens. The book ends without any conclusion on the definition of justice but before Socrates leaves his friends, they agree that to live a just life is better than to live an unjust life.