Assignment #1 Example | Topics and Well Written Essays - 500 words

#1 - Assignment Example His work can be used by the central banks to curb inflationary expectations appropriately. 2005: Robert J. Aumann and Thomas C. Schelling: They received the award for their research of conflict and cooperation through game-theory analysis. Schelling applied the concepts of game-theory to international relations. Prof. Aumann’s work focused on the issue of effect of continued repetition of games on co-operation. 2004: Finn E. Kydland and Edward C. Prescott: They received the Noble prize for their research on effects of business cycles on international trade. They examined the driving forces behind business cycles, and analyzed the temporal consistency of economic policy 1998: Amartya Sen: Prof. Amartya Sen received the Noble prize for his work on welfare economics in case of famine, and suggestions to prevent it. His work focused on the human development theory, the underlying mechanism of poverty, and political liberalism. The Oxford English dictionary defines theory as â€Å"an idea or set of ideas that is intended to explain something† (â€Å"Theory†). Formulation of a theory is a step-by-step scientific process, starting from an opinion to stating the final theory. The starting point of a theory is an observation of a particular process. The interest created by this observation then leads to the formulation of an opinion regarding the process. This opinion is based on the available information regarding the same process, and the researcher’s beliefs. These opinions are also a reflection of the researcher’s expectations regarding the outcome of the enquiry. These opinion and observation then lead to the formulation of hypotheses. Hypothesis is a possible theoretical explanation of the observation made by a researcher to fill the gaps in the research previously done on the subject matter. This is followed by collection and classification of the data. Data collection is followed by the formulation of invariance

Sex trafficking Research Paper Example | Topics and Well Written Essays - 1250 words

Sex trafficking - Research Paper Example It involves traffickers detaining or transporting victims for commercial sexual exploitation as defined by Moser (222). To bring into perspective the prevalence and trends of this social vice in the 19th Century, this paper borrows from the novel Thousand Pieces of Gold by Ruthanne Lum McCunn who narrates the struggles of women to earn their dignity and respect in early America through the life story of a Chinese girl, Lalu Nathoy whose father referred to her as Thousand Pieces of Gold, just as the title of the novel. With the famine of 1871 in northern China, he sells off Lalu to a brothel and later to a slave merchant travelling to America. This was the turning point in the life of the young girl. This paper guides on this discussion on sex trafficking, giving leads on how victims get lured and evaluating possible solutions in the light of the findings. Socio-economic misgivings, particularly poverty and wrong perception of better lives in other countries propagate sex trafficking. In this early society, sex trafficking was widely spread across the board. Not even were children spared as Li, the sex trafficker in the novel, traffics children together with her other victims. This comes to light when she quarrels Lalu for not getting the fraudulent customs clearing procedures right, claiming that â€Å"Even children: some of them are only ten, eleven years old. Children† were much better than she was (Gold 95). The cultural beliefs treated women as objects meant for the pleasure of men, while men were exalted as the only gender that had the right to work for a living. This therefore meant that women could be used in whichever way men would find pleasurable to them. Comparably, Moser (226) cites the US Department of Health and Human Services documenting sex trafficking as the second largest and fastest criminal industry worldwide. Women and children still comprise the majority of victims at about 80%, with two million children estimated to be in the comme rcial sex trade. Borrowing statistics from the United Nations, the researcher further estimates the market value for this crime at over $32 billion. Before the year 2000, sex trafficking was not prosecuted as a crime in itself but under other crimes such as promotion of prostitution. This exhibits the society’s clinging onto ancient belief of men as the superior gender. Just as Gold observed that a woman was not to â€Å"work like a man† so as to look appealing for marriage in the early days, the society still does not appreciate a woman as a laborer (356). Having pointed out that sex trafficking still remains rampant in the modern society as was in the 19th Century, it would be critical to understand how the vulnerable groups find themselves as victims of this crime. Deception, as put by Walters and Davis (1) stands out as a leading approach in luring victims of sex trafficking. The novel tells of Li, the trafficker, who took advantage of the naive American dream that Lalu had to lure her into her trap. Using America as a destination for her victims

Regional economy Essay Example | Topics and Well Written Essays - 1000 words

Regional economy - Essay Example Regarding political context, consolidated investments in Research and development activities are particularly promoted to be enhanced, especially in business sector. Correlation analysis of the European Union Research and development policy, higher education activities, innovative business participation and regional economic growth justifies the European Union Research and development policy and financial mechanisms applied in the European Union regions, where coherence is stimulated. According to the conducted research it can be stated that in these regions expenditure of business sector on Research and development activities increases the GDP per capita in PPS, the labour productivity per hour worked, but governmental sector expenditure on Research and development activities has a small negative influence on the GDP per capita in PPS. Higher education sector expenditure on Research and development activities in these regions induces the increase of the number of students, but no in fluence on economic indicators is noticed. However, the correlation analysis shows the differences exist regarding the influence on regional economic development between the different regions of the European Union, the USA and Japan. Some premises could be made, which may create difficulties in the European Union regions, where cohesion is stimulated, to implement some financial and management mechanisms, aimed to stimulate Research and development activities, and that are used in the European Union regions, where cohesion is not stimulated, in the USA and in Japan. Paragraph Sources:- i. European Communities (2006). Creating Innovative Europe. Report of the independent expert group on R&D and innovation appointed following the Hampton Court Summit and chaired by Mr. Esko Aho Luxembourg: Office for Official Publications of the European Communities ii. Eurostat (2009). Accessed on 2009-01-10 by http://epp.eurostat.ec.europa.eu/portal iii. Melnikas, B.; Dzemydiene, D. Evaluation of Re gional Economic Clusters In Central And Eastern Europe. Intellectual Economics. 2007, 1: 46–54. 2. How has regional policy within the union developed in an attempt to promote cohesion and balanced geographical growth Substantial progress has been made in understanding the sources of uneven economic Development at the regional, national and international scales, but no single theory or Disciplinary perspective is up to the task of such understanding. This literature review Suggests that traditional theories of economic growth have been complemented by three Principal advances in theory and measurement: economic geography, and especially Theories of the relationship between transport/trade costs and spatial agglomeration; Economic growth theories and especially those that focus on the sources of innovation And knowledge-creation in the economy, and on their territorial distribution; and Institutional theories, which centre on the capacities of economies to absorb knowledge And innovate, to organize them efficiently, to adapt to change, and to avoid lock-in By inefficient practices or rent-seeking interest groups. Taken together, they go a long Way toward