Wednesday, March 18, 2015
Globalisation Advantages And Disadvantages
- Increased international trade
- A company operating in more than one country
- Greater dependence on the global economy
- Freer movement of capital, goods, and services
- Recognition of companies such as McDonalds and Starbucks in LEDCs
- With improvements in transportation and communication, international business grew rapidly after the beginning of the 20th century. International business includes all commercial transactions (private sales, investments, logistics, and transportation) that take place between two or more regions, countries and nations beyond their political boundaries. Such international diversification is tied with firm performance and innovation, positively in the case of the former and often negatively in the case of the latter. Usually, private companies undertake such transactions for profit.
- As a result, the notion of “peak trade” is being taken increasingly seriously. Cristina Constantinescu and Michele Ruta of the International Monetary Fund and AadityaMattoo of the World Bank argue that the slowdown in trade relative to GDP reflects the end of a rapid evolution of supply chains that yielded big gains in productivity. This innovation was made possible by the removal of trade barriers that followed the completion of the Uruguay Round in 1994 and the creation of the World Trade Organisation (WTO), plus the integration into the world economy of China and the former Soviet bloc. In the absence of further trade deals or more big countries opening up, the evolution has slowed, causing a lasting slowdown in trade.
- Another factor, say the economists at Citigroup, may be a shift in the composition of global demand away from traded goods and services. In 1995-2007 59% of global economic growth came from advanced economies, which during that period had an average ratio of import growth to GDP growth of 2.5, compared with 1.6 for emerging economies. In 2010-13, emerging markets, with their lower trade intensity, had become the world’s economic engine, accounting for 70% of global GDP growth. (Nonetheless, the share of total global trade that takes place between emerging-market economies has grown to 25% from 12% in 2000.)
- Not everyone agrees that, if trade has indeed peaked, it is worth worrying about. Paul Krugman, who won a Nobel prize in part for his work on trade theory, maintains that “ever-growing trade relative to GDP is not a natural law” and “we should neither be amazed nor disturbed if it stops happening.” Others question whether trade has peaked at all: they put the apparent decline down to mismeasurement. For instance, James Manyikaof the McKinsey Global Institute argues that there has been a sharp rise in trade in software and other digital goods that statisticians struggle to track, not least because it is often unclear where transactions are taking place.
- Whether trade is declining relative to GDP and why may not be clear for years. Yet one thing is: were more barriers to be lifted, especially in areas like services and farming where many still remain, it would probably lead to a new spurt in the evolution of supply chains that would lift trade far above today’s “peak”.
¢ A tax haven is a state, country or territory where certain taxes are levied at a low rate or not at all, which are used by businesses for tax avoidance and tax evasion. Individuals and/or corporate entities can find it attractive to establish shell subsidiaries or move themselves to areas with reduced or nil taxation levels. This creates a situation of tax competition among governments.
- By the early 21st century, a worldwide framework of legal agreements, institutions, and both formal and informal economic actors came together to facilitate international flows of financial capital for purposes of investment and trade financing. This global financial system emerged during the first modern wave of economic globalization, marked by the establishment of central banks, multilateral treaties, and intergovernmental organizations aimed at improving the transparency, regulation, and effectiveness of international markets.
- The world economy became increasingly financially integrated throughout the 20th century as nations liberalized capital accounts and deregulated financial sectors.
- Increasing international commerce with high barriers to entry, corporate consolidation, tax havens and other methods of tax avoidance, and political corruption have all caused increases in income inequality and wealth concentration: the increasingly unequal distribution of economic assets (wealth) and income within or between global populations, countries, and individuals.
- Economic inequality varies between societies, historical periods, economic structures or systems (for example, capitalism or socialism), ongoing or past wars, between genders, and between differences in individuals abilities to create wealth. There are various numerical indices for measuring economic inequality. A prominent one is the Gini coefficient, but there are also many other methods.
- Economic inequality affects equity, equality of outcome and subsequent equality of opportunity. Although earlier studies considered economic inequality as necessary and beneficial,some economists see it as an important social problem. Early studies suggesting that greater equality inhibits economic growth did not account for lags between inequality changes and growth changes.
- Later studies claimed that one of the most robust determinants of sustained economic growth is the level of income inequality.
- Capital flight occurs when assets or money rapidly flow out of a country because of that countrys recent increase in taxes, tariffs, labor costs, or other unfavorable financial conditions such as government debt defaulting, which disturb investors. This leads to a sometimes very rapid disappearance of wealth and is usually accompanied by a sharp drop in the exchange rate of the affected country, leading in turn to depreciation in a variable currency exchange rate regime or a forced devaluation under fixed exchange rates.
- This can be particularly damaging when the capital belongs to the people of the affected country, because not only are the citizens now burdened by the loss of faith in the economy and devaluation of their currency, but probably also their assets have lost much of their nominal value. This leads to dramatic decreases in the purchasing power of the countrys assets and makes it increasingly expensive to import goods.
- Societies utilize forest resources in order to reach a sustainable level of economic development. Historically, forests in earlier developing nations experience "forest transitions", a period of deforestation and reforestation as a surrounding society becomes more developed, industrialized and shift their primary resource extraction to other nations via imports. For nations at the periphery of the globalized system however, there are no others to shift their extraction onto, and forest degradation continues unabated. Forest transitions can have an effect on the hydrology, climate change, and biodiversity of an area by impacting water quality and the accumulation of greenhouse gases through the re-growth of new forest into second and third growth forests.
- Another concern is labelled "environmental apartheid",which claims that the resources and wealth of society are typically appropriated by a small minority group of a privileged race or class, under much protection. Thus, the excluded majority never gets a chance to access to resources necessary for well-being and survival. In the pre-Rio period, it was the North that contributed most to the destruction of the environment. Globalization is restructuring control over resources in such a way that the natural resources of the poor are systematically taken over by the rich and the pollution promulgated by the rich is systematically dumped on the poor.
Deforestation of the Madagascar Highland Plateau has led to extensive siltation and unstable flows of western rivers.
- In 2010, the United Nations Office on Drugs and Crime (UNODC) reported that the global drug trade generated more than US$320 billion a year in revenues.The UN estimated that as of 2000 there were more than 50 million regular users of heroin, cocaine, and synthetic drugs worldwide.T he international trade of endangered species was second only to drug trafficking among smuggling "industrie
- TraditionalChinese medicine often incorporates ingredients from all parts of plants, the leaf, stem, flower, root, and also ingredients from animals and minerals. The use of parts of endangered species (such as seahorses, rhinoceros horns, saiga antelope horns, and tiger bones and claws) resulted in a black market of poachers who hunt restricted animals.
- The term globalization implies transformation. Cultural practices including traditional music can be lost or turned into a fusion of traditions. Globalization can trigger a state of emergency for the preservation of musical heritage. Archivists must attempt to collect, record or transcribe repertoires before melodies are assimilated or modified. Local musicians struggle for authenticity and to preserve local musical traditions. Globalization can lead performers to discard traditional instruments. Fusion genres can become interesting fields of analysis.
- Capital markets have to do with raising and investing moneys in various human enterprises. Increasing integration of these financial markets between countries leads to the emergence of a global capital marketplace or a single world market. In the long run, increased movement of capital between countries tends to favor owners of capital more than any other group; in the short run, owners and workers in specific sectors in capital-exporting countries bear much of the burden of adjusting to increased movement of capital.
- It is not surprising that these conditions lead to political divisions about whether or not to encourage or increase international capital market integration.
- In light of the economic gap between rich and poor countries, movement adherents claim "free trade" without measures in place to protect the under-capitalized will contribute only to the strengthening the power of industrialized nations (often termed the "North" in opposition to the developing worlds "South"). Some of the powerful Northern corporations have implemented policies like privatizing public industry and reducing tariffs. By doing this it has created a growth in sweatshops in the developing world, where wages are minimal and unfair, and conditions are unsafe to the workers’ health and psychological state.
- The global North can benefit from this by getting goods for a cheaper monetary amount. However, this is at the expense of these impoverished people and the community or country as a whole. Now, fair trade has been introduced in order to attempt to rebuild the economies of third world countries by paying employees, who work to produce goods to be exported, a fair price for their efforts.
- GCSE Bitesize by BBC
- The Economist Magazine
- Wikipedia
Euclids Axioms and Postulates
- Things that are equal to the same thing are equal to one another.
- If equals are added to equals, the wholes are equal.
- If equals are subtracted from equals, the remainders are equal.
- Things that are coincident to each other are equal to one another.
- A whole is greater than the part.
- Things that are doubles of the same thing are equal to one another.
- Things that are halves of the same thing are equal to one another.
- A straight line may be drawn from any point to any other point.
- A terminated line can be produced indefinitely.
- A circle may be drawn with any centre and any radius.
- All right angles are equal to each other.
- If a straight line falling on two other straight lines makes interior angle less than two right angles on one side, then these two straight lines produced indefinitely on the side where the sum of the interior angles is less than two right angles will meet at a point.
Life Cycle SIMPLY SUPERB !!!!!!!!!
Be yourself, ALWAYS.
Subject: Life Cycle - SIMPLY SUPERB !!!!!!!!!
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Electroplating at Home Easy Method of Electroplating
Then polish the articles and rub them over with a cloth and fine pumice powder, to roughen the surface slightly.
Finally, to remove all traces of grease, dip the articles to be plated in a boiling potash solution made by dissolving 4 oz. American ash in 1-1/2 pt. of water.
Do not touch the work with the hands again.
To avoid touching it, hang the articles on the wires, by which they are to be suspended in the plating bath, before dipping them in the potash solution; then hold them by the wires under running water for ten minutes to completely remove every trace of the potash.
Electroplating Apparatus
For plating with copper prepare the following solution: 4 oz. copper sulphate dissolved in 12 oz. water; add strong ammonia solution until no more green crystals are precipitated.
Then add more ammonia and stir until the green crystals are re-dissolved giving an intense blue solution.
Add slowly a strong solution of potassium cyanide until the blue color disappears, leaving a clear solution; add potassium cyanide again, about one-fourth as much in bulk as used in the decolorizing process.
Then make the solution up to 2 qt. with water. With an electric pressure of 3.5 to 4 volts, this will give an even deposit of copper on the article being plated.
A solution for silver plating may be prepared as follows:
Dissolve 3/4 oz. of commercial silver nitrate in 8 oz. of water, and slowly add a strong solution of potassium cyanide until no more white precipitate is thrown down.
Then pour the liquid off and wash the precipitate carefully.
This is best done by filling the bottle with water, shaking, allowing precipitate to settle and then pouring off the water.
Repeat six times.
Having finished washing the precipitate, slowly add to it a solution of potassium cyanide until all the precipitate is dissolved.
Then add an excess of potassium cyanide—about as much as was used in dissolving the precipitate—and make the solution up to 1 qt. with water.
This solution, with an electric pressure of 2 to 4 volts, will give a good white coat of silver in twenty minutes to half-an-hour; use 2 volts for large articles, and 4 volts for very small ones.
If more solution is required, it is only necessary to double all given quantities.
Before silver plating, such metals as iron, lead, pewter, zinc, must be coated with copper in the alkaline copper bath described, and then treated as copper.
On brass, copper, German silver, nickel and such metals, silver can be plated direct.
The deposit of silver will be dull and must be polished.
The best method is to use a revolving scratch brush; if one does not possess a buffing machine, a hand scratch brush is good.
Take quick, light strokes.
Polish the articles finally with ordinary plate powder.
The sketch shows how to suspend the articles in the plating-bath. If accumulators are used, which is advised, be sure to connect the positive (or red) terminal to the piece of silver hanging in the bath, and the negative (or black) terminal to the article to be plated.
Where Bunsen cells are used, the carbon terminal takes the place of the positive terminal of the accumulator.
Excerpt from the book:
THE BOY MECHANIC
VOLUME I
700 THINGS FOR BOYS TO DO
WITH 800 ILLUSTRATIONS
1913, BY H. H. WINDSOR CHICAGO
POPULAR MECHANICS CO. PUBLISHERS
How to Make a Turbine Engine Easy Science Projects
First, procure a planed pine board 1 by 12 in. by 12 ft. long. Cut off six pieces 12 in. square, and, with a compass saw, cut out one piece as shown in Fig. 1, following the dotted lines, leaving the lug a, and the projections B and b to be cut out with a pocket knife. Make the lug 1/4 in. deep, and the projections B, b, 1/2 in. deep. The entire cut should be slightly beveled.
Fig. 2
Now take another piece of wood, and cut out a wheel, as shown in Fig. 2. This also should be slightly beveled. When it is finished, place it on one of the square pieces of wood, with the largest side down, then place the square piece out of which Fig. 1 was cut, around the wheel, with the open side down. (We shall call that side of a mold out of which a casting is drawn, the "open" side.) Place it so that it is even at the edge with the under square piece and place the wheel so that the space between the wheel and the other piece of wood is an even 1/8 in. all the way around. Then nail the wheel down firmly, and tack the other piece slightly.
Fig. 1
Procure a thin board 1/4 in. thick, and cut it out as shown in Fig. 3; then nail it, with pins or small nails, on the center of one of the square pieces of wood. Fit this to the two pieces just finished, with the thin wheel down—but first boring a 3/4-in. hole 1/4 in. deep, in the center of it; and boring a 3/8-in.
Fig. 3
hole entirely through at the same place. Now put mold No.1 (for that is what we shall call this mold) in a vise, and bore six 1/4-in. holes through it. Be careful to keep these holes well out in the solid part, as shown by the black dots in Fig. 1. Take the mold apart, and clean all the shavings out of it; then bolt it together, and lay it away to dry.
Fig. 4
Now take another of the 12-in. square pieces of wood, and cut it out as shown in Fig. 4, slightly beveled. After it is finished, place it between two of the 12-in. square pieces of wood, one of which should have a 3/8-in. hole bored through its center. Then bolt together with six 1/4-in. bolts, as shown by the black dots in Fig. 4, and lay it away to dry. This is mold No.2. Now take mold No.1; see that the bolts are all tight; lay it on a level place, and pour babbitt metal into it, until it is full. Let it stand for half an hour, then loosen the bolts and remove the casting.
Fig. 5
Now cut out one of the 12-in.-square pieces of wood as shown in Fig. 5. This is the same as Fig. 1, only the one is left-handed, the other right-handed. Put this together in mold No.1, instead of the right-handed piece; and run in babbitt metal again. The casting thus made will face together with the casting previously made.
Pour metal into mold No.2. This will cast a paddle-wheel, which is intended to turn inside of the casting already made.
If there should happen to be any holes or spots, where the casting did not fill out, fill them by placing a small piece of wood with a hole in it, over the defective part, and pouring metal in to fill it up.
Fig. 6
If you cannot obtain the use of a drill press, take an ordinary brace, fasten a 3/8-in. drill in it, and bore a hole through the end of a strip about 2 in. wide and 16 in. long; put the top of the brace through this hole, and fasten the other end of the strip to a bench, as shown in illustration. Find the center of the paddle-wheel, place it under the drill, true it up with a square; and drill it entirely through. Find the centers of the insides of the other two castings, and drill them in the same manner.
A piece of mild steel 5 in. long, and 3/8-in. in diameter must now be obtained. This is for a shaft. Commencing 1-1/2 in. from the one end, file the shaft off flat for a distance of 1 in. Then cut a slot in the paddle-wheel, and place the shaft inside of the paddlewheel, with the flat part of the shaft turned to face the slot in the wheel. Pour metal into the slot to key the wheel on to the shaft.
The paddle-wheel is now ready to be fitted inside of the casing. It may be necessary to file some of the ends off the paddles, in order to let the paddle-wheel go into the casing. After it is fitted in, so that it will turn easily, place the entire machine in a vise, and bore three 1/4-in. holes, one in the lug, one in the projections, B, b, and the other in the base, as shown by the black dots in Fig. 6. Also bore the port-hole in projection B, and the exhaust hole in projection b, and two 1/4-in. holes at d, d, Fig. 6. Cut out a piece of gasket and fit it between the two castings. Then bolt the castings together, screw down, and connect to the boiler.
Using the Brace
The reader must either cast a pulley out of babbitt metal, or else go to a machinist and get a collar turned, with a boss and a set screw, and with three small screw holes around the edge. Cut out a small wood wheel and screw the collar fast to it, fasten it to the shaft of the turbine and turn on the steam. Then take a knife or a chisel, and, while it is running at full speed, turn the wheel to the shape desired.
Your turbine engine is now ready for work, and if instructions have been carefully followed, will do good service.
Excerpt from the book:
THE BOY MECHANIC
VOLUME I
700 THINGS FOR BOYS TO DO
WITH 800 ILLUSTRATIONS
1913, BY H. H. WINDSOR CHICAGO
POPULAR MECHANICS CO. PUBLISHERS
SATYRS Greek Mythology What is a Satyr in Greek Mythology
The Satyrs were conspicuous figures in the train of Dionysus, and, as we have seen, Silenus their chief was tutor to the wine god. The older Satyrs were called Silens, and are represented in antique sculpture, as more nearly approaching the human form.
In addition to the ordinary Satyrs, artists delighted in depicting little Satyrs, young imps, frolicking about the woods in a marvellous variety of droll attitudes. These little fellows greatly resemble their friends and companions, the Panisci.
In rural districts it was customary for the shepherds and peasants who attended the festivals of Dionysus, to dress themselves in the skins of goats and other animals, and, under this disguise, they permitted themselves all kinds of playful tricks and excesses, to which circumstance the conception of the Satyrs is by some authorities attributed.
In Rome the old Italian wood-divinities, the FAUNS, who had goats feet and all other characteristics of the Satyrs greatly exaggerated, were identified with them.
Text:
Myths and Legends of Ancient Greece and Rome
Author: E.M. Berens
Published: 1880
The Project Gutenberg E-Book
Produced by Alicia Williams, Keith Edkins and the Online
Distributed Proofreading Team at http://www.pgdp.net
LEGEND KLAUS FUCHS
THERE ARE PEOPLE WHO ARE DIFFERENT. THERE ARE PEOPLE WHO CAN BE VERY,VERY DIFFERENT. HERES AN EXAMPLE HOW FACT CAN BE STRANGER THAN FICTION --------
- The first one, he did not take anything in return from Soviet Union, despite doing the job,suffering through all the risks
- He did not break down for things he did, he said he did it on his will and if matters be,he would do it again!
By now, you all must have guessed that I really love Physics as well as my ideology. Well, here is the person who had it both - a seriously strange combination. In spite of him being controversial, I dont care, I RESPECT HIM. If he would not have done what he did, today Russia would have no nuclear power and I have doubts what the hell would have happened if ALL SORT OF POWER would have been concentrated in the dirty hands of CAPITALISTS OF USA.
If you have read about THE MANHATTAN PROJECT, you would definitely see what his contributions are to change history. Surviving at times when the Nazis killed communist students brutally. If you have an ideology, you would possibly understand how hard to survive it is at times when your ideology cannot breathe. Do read more about Here.
Harvestman
DAILY CONSUMPTION OF DAIRY ITEMS UPSHOT IN CONTROLLING BLOOD PRESSURE IN OLDER SUBJECTS
WASHINGTON: Dairy products such as milk and the rest are very helpful in curbing the blood pressure level in older cases. A novel study
consequences of High Blood Pressure |
- Normal: Less than 120 over 80 (120/80)
- High blood pressure: 120-139 over 80-89 (120-139/80-89)
- Stage 1 high blood pressure: 140-159 over 90-99 (140-159/90-99)
- Stage 2 high blood pressure: 160 and above over 100 and above (160/100)
High blood pressure is also called hypertension and is dangerous because the heart has to pump more forcefully to flow the blood than normal which can lead to failure of the heart. Following are the causes of high blood pressure:
- Smoking
- Obesity
- Lack of physical activity
- Too much salt in the diet
- Too much alcohol consumption (more than 1 to 2 drinks per day)
- Stress
- Older age
- Genetics
- Family history of high blood pressure
- Chronic kidney disease
- Adrenal and thyroid disorders
This latest study was published in the American Journal of Clinical Nutrition which exposed that daily intake of dairy products can serve as a safeguard for high blood pressure.
After analyzing data, researchers concluded that those whose intake includes dairy products have dropped off chances of developing High blood pressure.
Porcupines of the Pond
Softlense Danger to The Eye
Softlense Danger to The Eye
Softlense Danger to The Eye |
On the off chance that without counseling a specialist, chances are the clients in these enriching lenses dont have sufficient information of how to clean up and endure a decent lens. In the event that this is the situation then unquestionably the customer is as of now ready to take the danger of contaminating their eyes with the microorganisms, or huge harm to the capacity of the eye, and the more serious is the misfortune of enhancing penglihatan.lensa have the same danger with restorative lenses (for eye short or in addition to). Along these lines never utilize enhancing lenses without the data from the specialist.
1.Aggravation and red eyes
2.The Excessively detached or excessively tight
Softlense Danger to The Eye
3.contact lens in the eyeGEMS 3
SUCESSFUL PEOPLE DO NOT DO DIFFERENT THINGS BUT THEY DO THINGS DIFFERENTLY.
EFFECTIVENESS AND EFFICICENCY.
EFFICIENCY IS RELATED TO AGGRESSIVENESS
EFFECTIVENESS IS RELATED TO PASSIVENESS
COMBINING THEM BOTH FOR BEING EFFECTIVE AND EFFICIENT ONE MUST BE
ASSERTIVE
HARMONISE RESULTS CONTINUOUSLY.
TEMPTATIONS
Temptations are good
Temptations are opportunities to get power over self
TEMPTATIONS GIVES AN OPPORTUNITY TO DECIDE YOUR ACTION THAT LEADS TO CONSEQUENCES
ADDICTION: IF YOU DO SOMETHING BECAUSE YOU FEEL THAT YOU WILL BE RESPECTED OR LOVED THEN YOU ARE GETTING ADDICTED
LEARN TO SAY “No”
ASK YOURSELF
Doing this make ME feel good
Doing this make ME love myself
Doing this make ME whole
Then do it
Be compassionate to yourself.
Advertisements movies make use this fact and send a message: i.e. if you donot use this soap you will not be like so and so star. Etc.
The difference between “RUNNING” and “RUINING” is “I”
The story:
A boy asked his father what is he doing for living. He said he is doing business.
The boy asked what is meant by that.
The father explained thus:
“Look son I go to work and bring money at the end of the month. That makes me the capital.
I give the money to your mother who runs the family that maker her the MANAGEMENT.
The servant maid who works in our house is the LABOUR.
Your little brother is the FUTURE.”
That the boy went to pacify his little boy who was crying in the cradle. The child had wetted its clothes.
He went to his mother. She was asleep. He went to seek his father who was behind closed doors entertaining the servant maid.
The boy came down sulking saying:
“OH! This is business. MANAGEMENT is sleeping, CAPITAL is exploiting LABOUR and FUTURE is stinking
Freedom is enjoyable. At the same time freedom requires self control. Decisions to be taken after carefully studying all options and one should own the decisions and its consequences.
In these modern time those who can get the work done from others successfully and consistently are respsected and make more monney and hold good position than those who know the jobs and do well.
I.e. leadership has more value in any field. Leader ship as a general definition is that “it is an art of making others do the things what you would want to do in the same way you would have done or even better.”
If you choose a line acceptable to society at large then you would be respected. If you choose the wrong line then also you would be feared for the wrong reasons. Example are many in each categories
DON’T QUIT
When things go wrong
As they sometimes will,
When the road you are tredging
Seems up the hill
When the funds are low
Debts are high
And you want to smile
But you have to sigh
When care is pressing you
Down a bit
REST, if you must,
But DON’T QUIT
NOBODY IS AS GOOD AS ALL OF US
S - SERVICE
T – TEAM WORK
I – INNOVATION
R – RESPECT
R – RESULTS
YOUR ATTITUDE SHOWS;
START BY DOING WHAT IS NECESSARY
THEN WHAT IS PPOSSIBLE
AND SUDDENLY YOU would find that you are doing the impossible.
Time lost is lost for ever
All facilities for you. Hence make use of them profitably
Temptations to be resisted
Self control on all matters
If you miss the bus it is impossible to pick up later
Nobody can take away your education; but any body can take away your money
Education gives the initial start up level at a level higher than those who have no education
Have strict schedule of work and enjoyment
Missing and regretting is of no use
Temptations are normal:
“Self control is very important”
Use the opportunities existing to maximum extent
Usage of time for progress of future
“Good base is very important”