Impact Of Economic Governance On Total Investment Volatility

A sustained level of investment plays a critical role for the growth and development of an economy. However, the investment levels are subject to high degree of variability and fluctuations within and across countries. Volatility in investment triggers uncertainty and deters capital accumulation and thereby substantially reduces the growth potentials. Good governance is a critical stimulant for backward and forward linkages of sustained productive investment. In view of this, the present study analyses the impact of economic governance on total investment volatility in a sample of 24 Asian and African countries during the period 1985-2011. The total investment volatility has been calculated using Hodrick-Prescott (HP) filter and economic†¦show more content†¦It is considered as the most volatile part of aggregate demand. Several growth models have advanced the rate of investment as a primary driver of an economy’s performance. However, the investment rates have not be en the same among different regions of the world. Within Asia, investment has been comparatively lower in South Asia as compared to East Asia. The investment rate in Sub-Saharan Africa has shown a decline over a period of time. In addition, the investment rates in Asia and Africa have exhibited significant variability with time, thereby indicating its volatility. The investment climate is believed to be influenced by the quality of governance in an economy. According to Dixit (2001), the concept of economic governance can be defined as, â€Å"the structure and functioning of the legal and social institutions that support economic activity and economic transactions by protecting property rights, enforcing contracts and taking collective action to provide physical and organizational infrastructure.† The catalytic role played by institutions in the performance of an economy came into prominence in the post First World War, in the form of ‘Old Institutional Economics’ but gained its momentum in the 70’s. The emergence of ‘New Institutional Economics’, a term put forth by Oliver Williamson in 1975, owes itself mainly to Douglass North (North and Thomas 1976; North 1981, 1990 and 2005). It aims at expanding the neo classical model by incorporating theShow MoreRelatedNotes On Amana Growth Fund Essay1298 Words   |  6 PagesAmana Growth Fund (AMAGX) is an Islamic Growth Fund that favors large-cap investments. AMAGX seeks high-quality companies with sustainable growth rates, with free cash flows, and strong balance sheets. Companies free of excess debt are more likely to have low price volatility and constant rising dividends. Amana Growth Fund advocates ethical investing to avoid crises of reputational damage, higher costs, lost production, and fraud ulent operations. Amana Growth Funds Trust is the first and largestRead MorePapua New Guinea ( Png ) : The Quest For Development1437 Words   |  6 PagesNew Guinea (PNG) – the quest for development Economic growth is supposed to distribute the prosperity to all people across a country. The higher economic growth means more income to pursue a better life. Economic growth is the precondition for improving the development. No sustained economic development can occur without economic growth (Perkins et al. 2012, p 14). As a result, maintaining the sustainability of growth is crucial to sustain economic development, for example improvements in healthRead MoreForeign Direct Investment Of India1718 Words   |  7 PagesForeign Direct Investment in India Foreign Direct Investment Foreign Direct Investment is the investment of a country domestic assets into foreign structures, equipment and organizations, but does not include investment into stock markets. Foreign direct investment reflects the objective of obtaining a lasting interest by a resident entity in one economy (direct investor) in an entity resident in an economy other than that of the investor (direct investment enterprise). The lasting interest impliesRead MoreThe Cadbury Case : Changing Nature Of Csr And Its Effect On Relationship Between Business And Society1453 Words   |  6 Pagesbeyond economic responsibility and reach out for discretionary acts as certain duties and obligation in order to be a good ‘citizen’ of society. Defensive approach such as partnership with NGOs, governments to get rid of human rights and production issues is taken to defence its reputation. CSR also paves way to new business opportunities such as ethical brand. Its ethically sourced cocoas will benefit local producers as well as enhance the brand’s image In a globalized economy, economic growth comesRead MoreHedging Strategies And Effects On Mncs Valuation1550 Words   |  7 PagesHedging Strategies and Effects on MNCs’ Valuation Introduction In the corporate world, the economic environments that business organizations operate in have over time grown more complex. The global economic environment has grown to a point where market turbulence and volatility have increasingly created challenges for firms to be able to forecast their business and earnings against the backdrop of uncertainties. A direct result of these challenges lies in the methods that organizations utilizeRead MoreThe Impact of Corporate Governance on Stock Market Performance6352 Words   |  26 PagesImpact of Corporate Governance on Stock Market Performance Farah Rezwan Reyan Zeenat Hai Nogmaye Habiba Abstract The paper aims to establish a relationship between Corporate Governance and stock market performance. In doing so, several variables had been identified by a thorough review of literature. These variables were measured on the basis of their performance, in respect to developed and developing countries, in relation to Corporate Governance. The performance measures were done by usingRead MorePro Globalist vs Anti Globalist1341 Words   |  6 Pagesat the end of the 19th century. Nevertheless, there are more concerns about globalization now than before because of the nature and speed of transformation. What is striking in the current episode is not only the rapid pace but also the enormous impact of new information technologies on market integration, efficiency and industrial organization. It is accepted that international trade, in general, is beneficial and that restrictive trade practices impede growth. That is the reason why many ofRead MoreThe Risk Associated With Currency Exposure1610 Words   |  7 Pagescurrencies . As such, it is now more important than ever to ensure a complete understanding of the many nominal exchange rates that impact our financial reporting. In this report we will first discuss what the risk associated with currency exposure is, and why it is important to CCE. Next, we will present strategies to mitigate this risk and finally, we will examine the impact of this risk and its implications on the business as a whole and discuss our predictions for the future. What is the Risk andRead MoreInternational Finance Corporations Emerging Countries1923 Words   |  8 PagesAbstract: Emerging countries are the ones that change their status from less developed to developed countries by achieving a rise in GDP per capita and economic growth. This term is also stated as â€Å"convergence†. Due to a brief and precise history available in data bases, people argue about the limited data available on emerging markets. Literature review: Data since 1976 is available in the International Finance Corporations Emerging Data Base(EMBD). However, contrary to the complain about lackRead MoreThe Natural Resource Of Natural Resources1660 Words   |  7 Pagesgained importance among resource rich countries; it claims that natural resource wealth is linked to poor economic growth (Sachs Warner, 2001). In other words, countries with an abundance of natural resources are less developed and tend to grow slower than resource-poor countries (Sachs Warner, 2001). It may seem that having plenty of natural resources is a gift, yet the fact is economic growth in countries like Indonesia and Nigeria do not actually show that the profusion of natural resources

Issues Behind Illegal Immigration Essay - 569 Words

Why should illegal immigration be focused on by effort to restructure U.S. borders? Illegal immigration is an American concern. Our borders are dangerously open to aliens and the population continues to grow which can cause overpopulation in the United States. Illegal aliens weaken the national security of America. This can effectively create a cover for terrorists and criminals. Also, illegal immigrants are causing unemployment. Many citizens and illegal aliens are competing for jobs, but because the undocumented immigrants are available for tougher jobs with lower wages, the companies are hiring them causing the citizens to lose their opportunities. Because of illegal immigration, U.S. is less protected and the borders need to be†¦show more content†¦Efforts need to focus primarily on keeping our boarders secure so that number goes down and stays down. Immigrants are available for lower wages, no matter the condition because it is one of the many reasons that they would come to this country, along with other reasons such as economic, political, social and environmental reasons. In order to keep what they came here for they still need to work like a citizen even though they are illegal. By staying economically stable they will go to the rougher jobs that pay lower just to keep up. Numerous immigrants are working to support their families and to do that they need to Another problem is that illegal aliens are not paying taxes and do not have health care for themselves. They are being covered by the government paying their health care. When a women migrant has a child in the United States, the costs are fully paid by the taxpayers and the mother does not have to pay it back. Nearly 400,000 children are born each year in America by illegal immigrant women (Rector, 7).This means that citizens are paying taxes for children born here illegally. Illegal aliens are receiving emergency medical services that tax payers in addition have to pay for. The boarder needs to be better secured. Because migrants are getting into the United States illegally, there are terrorists and criminal entering. It is harming Americans living here; three of the four terrorists in the act on September 11,Show MoreRelatedEssay on Why should the U.S have border patrol?1611 Words   |  7 PagesBorder Patrol: Why should the U.S have border patrol? Illegal immigrants have always been a problem in the United States for some time now. â€Å"In October 2008, the illegal immigrant population stood at 11.9 million according to the Pew Hispanic Center† (Illegal Immigration Facts Statistics†). An efficient border patrol in our country would be a good step in the right direction to stop illegal immigration and the effect it has on our country. Illegal immigrants are at fault for such things as smugglingRead MoreHow Can We Deal with the Problem of Illegal Immigration Essay1122 Words   |  5 Pages How Can We Deal With The Problem Of Illegal Immigration? Being here as an illegal immigrant is a huge problem. Tax payer’s money pays for their medical bills, the jails, and deportation back to where they came from. Our jobs and identities are being taken away as well. Coming to the United States is seen as an advantage to get ahead in life for most other countries. When they take advantage of breaking the system it effects the citizens more so than it does them. There are several people who cameRead MoreEssay about Illegal Immigration and the Environment1676 Words   |  7 PagesIllegal Immigration and the Environment One of the most controversial political issues of today is illegal immigration. Illegal immigration describes the long-term shift of populations across national borders without complying with the legal requirements. Many people are crossing the United States borders illegally to find better jobs, escape political persecution, and to help out families back home. Some Americans are against this movement of immigrants. One problem is because of the damagingRead MoreThe Immigration Act Of 19241732 Words   |  7 Pagesbecame, and still is, a promised land for many. As a result, immigration has become a pivotal topic in the American culture and with time, the dynamics of immigration has changed due to a shifting of focus between different immigrant groups. From the Chinese exclusion act in 1882 to the Immigration Act of 1924, which restricted Eastern European immigrants’ access to the USA, different groups of people have been the principal focus of immigration reform (HISTORY Corp oration, 2009). Since the early-20thRead MoreIllegal Immigration Issues1082 Words   |  5 PagesIllegal immigration is quickly becoming a big issue in this country. With the country divided on whether to call for improved border security and reform for illegal citizens to be naturalized, there is something that needs to be done. Illegal immigration in the United States is something the government needs to begin focusing on and reaching a decision to help improve the wellbeing of this country. There are too many people in which are affected by this issue for it not to be at the top of CongressesRead MoreBorder Blues: the Dilemma of Illegal Immigration791 Words   |  4 PagesBorder Blues: The Dilemma of Illegal Immigration By: Farai Chideya I. Research Question: Immigration is a rapid growing issue for the United States. For a long time people from other countries have been coming here to look for bigger and better things for themselves, as well as for their families. This article digs to the core of the issue, illegal immigration. Chideya wanted to know three things: 1) What is the reality behind the perceptions of Mexican Americans, 2) How do the residents ofRead MoreMedia Reaction to Immigration1471 Words   |  6 PagesMedia Reaction to Immigration Name Course Date Submitted Media Reaction to Immigration: The issue of illegal immigration is one of the hotly debated topics in almost every facet of society, especially among political leaders. This topic has also received huge media attention and reaction in the recent past including an article written by William Finnegan and published by The New Yorker. The article focuses on addressing the issue of borderlines and is based on the move by 17 Congress membersRead MoreImmigration : The Land Of Opportunity1583 Words   |  7 Pagesof opportunity become an issue. These immigrants were willing to leave behind their homes, cultures, and relationships and start fresh in another country. Starting fresh in America does not guarantee success, but these immigrants were willing to put their lives on the line in order to accomplish a â€Å"rags to riches† success story. On the contrary, the recent spike in immigration has become a major debate for everyone. Critics’ arguing against immigration say that immigration leads to overcrowd ing, drugRead MoreImmigration Reform : Illegal Immigration1697 Words   |  7 Pages Back in 2007 there were several concerns over immigration as a whole and exploding proportions of illegal immigrants crossing the border in the Arizona area. Arizona attempted to resolve the influx of people across the border by imposing heavy fines on employers hiring illegal immigrants. At that time in Arizona there was a democratic governor Janet Napolitano that continually vetoed the Arizona’s legislature attempt to reduce illegal immigration. In 2009 the state replaced the Democratic governorRead MoreImmigrants And Immigration746 Words   |  3 Pagespeople from the past until now merge their opinion and assumption on Immigrants. The main issue are undocumented people living in United States. Anger and hatred of some Native Americans while demonstrating the issues about Immigration may seen in effect base on their personal experiences or getting information from close companion. In fact, the media present the Immigrants or Immigration by discussing the issue on media, which the coverage can influence the viewers. Their judgement begins with calling

Does Playing Mozart to Babies Make Them Smarter Essay

The Mozart Effect Resource Centre website, music educator Don Campbell made the claim that â€Å"classical music has a powerful effect on the intellectual and creative development of children from the very youngest of ages.† (Campbell, n.d.). To critically evaluate this claim a number of sources have been analysed. Through this analysis it was found that the claim cannot be supported by reliable empirical research and that classical music only produces short-term cognitive enhancement. This effect can be achieved by listening to any type of music. The first main theme found in the literature was that listening to classical music such as Mozart produced only short term increased cognitive abilities and did not aid the intellectual development of†¦show more content†¦However when the two group’s SAT test scores were compared it was found that there was no significant difference between effects on the cognitive abilities of adolescents. This suggests that listenin g to Mozart only produces short-term increased cognitive abilities. Both these sources refute Don Campbell’s claim that listening to Mozart can have a powerful impact on the creative and intellectual development in children (Taylor Rowe, 2012). Any cognitive enhancement that occurs is normally minimal and is not lasting as it does not show any change in IQ or reasoning ability (Helder, 2014). Helder states that a basic principle showing that learning has occurred is proven by its repeatability. As the ‘Mozart effect’ was considered only to have a short term effect on cognitive abilities of students then it is unlikely that students could repeat what they had been taught any better than without the music as the effect only lasted 10-15 minutes (Helder, 2014). Pietschnig, Voracek and Formann (2010) state that exposure to music stimulates the section of the cortex that is responsible for spatial awareness. However this stimulation does not result in long-term chang e in the intellectual and creative development of humans so therefore this refutes Don Campbells claims (Pietschnig, Voracek Formann, 2010). Sources arguing that listening to Mozart produces only short-term effects onShow MoreRelated The Mozart Effect Essay1250 Words   |  5 PagesThe Mozart Effect is a study that shows listening to classical music can have positive effects on learning and attitude. This occurrence is called the Mozart Effect, and it has been proven in experiments by many scientists. This research has caused much controversy between believers and nonbelievers, because The Mozart Effect is said to enhance the brain and reasoning; it is also used to reduce stress, depression, or anxiety; it induces relaxation or sleep; and the Mozart Effect activates the bodyRead MoreHow Has Classical Music Changed the World1724 Words   |  7 Pageshearing the timeless classic sounds of an orchestra or a single instrument playing classical music. Classical music stays the same never evolving to change with the world. There are deep disconnects between classical music and the society we live in. Classical music lives in a conservative space; whereas music of today is contemporary with a beat. Classical music has continued to retreat from our culture. Classical music really does sit in a world all on its own, far away from our current culture. Today’sRead More Does Classical Music Have an Effect on Infants Brain Development?1857 Words   |  8 PagesDoes Classical Music Have an Effect on Infants Brain Development? In 1998, Zell Miller, the governor of the state of Georgia, started a new program that distributed free CDs with classical music to the parents of every newborn baby in Georgia. Why did he do this? He certainly was not just trying to be nice and win a political statement; instead, his idea came from a new line of research showing a link between listening to classical music and enhanced brain development in infants. (1) SoRead MoreThe Mozart Effect3416 Words   |  14 PagesHave you ever hear the old saying â€Å"Mozart makes babies smarter†? Can a mother simply playing Mozart while the infant sleeps actually increase her baby’s brain function? Well there is now evidence that this once perceived ‘old wives tale’ is actually true. The studies done to prove this seemingly bizarre event have deemed it, The Mozart Effect. The Mozart Effect is a set of research results that indicate that listening to Mozarts music may induce a short-term improvement on the performance of certainRead More The Healing Power of Music Essay3135 Words   |  13 Pagesthe small hospital room knowing that their beloved husband and father would not be with them long. Since it was Christmas Eve, carolers were going through the hospital quietly singing. As they walked past the room singing â€Å"Silent Night†, a single tear fell across the comatose man’s cheek. His family stated that after seeing him just lay there all day without moving, that the single tear was his way of telling them goodbye. Ott stated that â€Å"music can go where words cannot† (Griffen). Research shows thatRead MoreThe Importance of Music in Society Essay1992 Words   |  8 Pagesmusic is everywhere. But, what is it about music that makes one tap their shoes? Why do people hum their favorite tunes? Especially in the modern age of mu sic when the most popular music makes many people quench. However, music in general, no matter the genre is applicable throughout every aspect of life, whether it be through child development, consumer science, or the effect it has on emotions. From the beginning of mankind there have been make shift instruments, the lullabies sung to young childrenRead MoreThe Power of Music Essay2579 Words   |  11 PagesThe Power of Music Everyone knows the story of the Piped Piper of Hamelin. He had the ability to hypnotize people with his flute by playing the most enchanting music. But hes just myth, right? No one has the power to charm people with music. Well, youd be surprised. Throughout history, music has always been recognized for its calming and almost hypnotic effects on the human mind, and for its ability to rouse and inspire the spirit. Only recently has science uncovered the truth about musicRead MoreImpact of Science on Society38421 Words   |  154 Pagescreate in order, always, t o make tomorrow better than today. But how does change operate? What triggers a new invention, a different philosophy, a n altered society? The interactive network of man’s activities links the strangest, most disparate elements, bringing together the m o s t unlikely combinations in unexpected ways t o create a new world. Is there a pattern t o change in different times and separate places in our history? C a n change be forecast? How does society live with perpetual innovationRead MoreImpact of Science on Society38427 Words   |  154 Pagescreate in order, always, t o make tomorrow better than today. But how does change operate? What triggers a new invention, a different philosophy, a n altered society? The interactive network of man’s activities links the strangest, most disparate elements, bringing together the m o s t unlikely combinations in unexpected ways t o create a new world. Is there a pattern t o change in different times and separate places in our history? C a n change be forecast? How does society live with perpetual innovationRead More_x000C_Introduction to Statistics and Data Analysis355457 Words   |  1422 Pagesabout numbers; it is about data—numbers in context. It is the context that makes a problem meaningful and something worth considering. For example, exercises that ask students to compute the mean of 10 numbers or to construct a dotplot or boxplot of 20 numbers without context are arithmetic and graphing exercises. They become statistics problems only when a context gives them meaning and allows for interpretation. While this makes for a text that may appear â€Å"wordy† when compared to traditional mathematics

Teamwork And Design Learning Cycle Table †MyAssignmenthelp.com

Question: Discuss about the Teamwork And Design Learning Cycle Table. Answer: Learning Cycles This part states to design learning cycle table with including each team member with accounting teamwork within meeting schedule. The learning cycle is to be prepared before the roles are assigned to the team. The learning cycle table is prepared considering two separate roles such as organizer and scribe. Organizer and scribe roles are clearly mentioned for the team personnel and their individual roles. The table shown all in details underneath: Meeting agendas Organizer Scribe Risk identification Risk manager organizes the meeting with other team members to let them know about the existing and emerging risks in the project. He identifies the risks along with consequences for declaring them in this meeting. Project manager, Resource Manager, RALS Authority Risk analysis Risk manager is responsible for holding this meeting with pointing out the risk analysis activity. Risk manager will identify some risk analyzer tools and techniques for analyzing the risks. Later, the risk consequences will be shared within the team members. Resource Manager, and Project Manager Risk response planning Risk manager is responsible for planning risk responses. The risk response planning is conducted for collecting responses regarding risk analysis and mitigation. The risk responses clearly identifies the strategy to mitigate risks. Business Analyst, Project Manager, Resource Manager Risk register Risk manager takes charge of the meeting for publishing risk register datasheet with detailed risk treatment plans. The risk treatment plan includes risk identification, severity scoring, consequences analysis, and mitigation aspects. Project Manager, RALS Authority, Business Analyst Risk mitigation plan Risk manager is responsible for mitigating risks and furthermore, reducing risk consequences alongside preventing the risk outcomes. Risk mitigation plan can be subject to change management as mitigation plan can change due to risk impacts and consequences. For instance, some risks could get removed from the system under certain situation; then the mitigation plan is subject to change. Project Manager, Business Analyst, Resource Manager, RALS Authority Communication Plan The communication plan is major component for preparing a structured way to share information, put up agenda to team members and discuss every aspect of the project within team. The communication plan is prepared for risk manager role with communication aspects, methods, and media to be used. Team member Agenda to be discussed Methods to be followed Communication media Ways to report and share information Risk Manager Budget value investigation Team meeting, discussion session, face-to-face session Emails and telephone calls for notifying about the meeting Conference calls for distant stakeholders The risk manager should share budget related reports to the members during meeting. The risk manager should take charge of the meeting by presenting the financial report and analysis results to the team members so that the sources of budget and optimal allocation of budget can be confirmed. Identification of financial sources Team meeting and face-to-face session Emails and telephone calls for notifying about the meeting Conference calls for distant stakeholders The risk manager should prepare a detailed budget report including detailed fund source confirmation. The RALS Authority should be notified about the fund sources so that they can process the allocated funds. Once, the sources are identified and fund allocation is completed, the risk manager is responsible for presenting detailed budget report to the authority. Planning about maintenance cost Discussion session, face-to-face session Emails and telephone calls for notifying about the meeting Conference calls for distant stakeholders Risk manager is responsible for create plan about maintenance process. The planning over maintenance cost should be considered based on budget sources and costing plans as well. The planning of maintenance of cost is significant way to assess whether the system can have maintenance cost or not from allocated budget. Planning for maintenance cost is to be managed as per allocated budget, cost, and other funds accordingly. Risk mitigation plan Team meeting, discussion session, face-to-face session Emails and telephone calls for notifying about the meeting Conference calls for distant stakeholders Risk manager takes responsibility for considering mitigation plan along with sharing it among the team members. The risk manager should report to RALS authority for sharing the risk mitigation with others. Once, the risk mitigation plan is prepared with sharing it among team; the mitigation plan is to be approved from RALS authority. The risk manager needs to prepare the risk mitigation plan so that the consequences of risks can be mitigated. Reflection I understand that the leadership qualities and skills are most essential part of team leader and most importantly, the leadership quality is gained through years of experience. The leadership qualities are important part of managing entire project alongside the stakeholder training and following work procedures. As much as I believe, the stakeholders are quite compatible with leadership qualities and their attributes regarding their activities with the project. I follow the fact that leadership is the significant essence of any project accomplishment successfully. In this project, I want to declare one thing is that the roles and responsibilities are uniformly distributed among the stakeholders. The relationship between the stakeholders was quite strong resulting into proper coordination among the members. The project manager helped other team members with sheer strategy of optimal workforce segmentation. The communication plan acted as another significant factor in this team structu re as well. As a risk manager, I thought that ICT project manager should grasp risk management skills as well. In particular, the project manager should prepare the risk treatment plan. In this specific project, I believe the important skill and technique that one ICT project manager should adhere is that how risks are identified, how the risks are analyzed, how the risk mitigation plan is prepared as well. Moreover, project manager should conduct cause-effect analysis, benchmarking, and fishbone analysis in order to identify risks and their consequences. The risk analysis plan is prepared along with appropriate mitigation plan so that identified risks can be treated. The risk management techniques and methods should be appropriately utilized; once project manager had prepared the risk treatment plan; as a risk manager, I can approve and modify the risks. In this manner, I can achieve better ways to address risks along with management plan of risks in this project. Bibliography Bucero, A. and Englund, R.L., 2015, October. Project sponsorship: Achieving management commitment for project success. Project Management Institute. Burke, R. and Barron, S., 2014.Project management leadership: building creative teams. John Wiley Sons. Cassidy, A., 2016.A practical guide to information systems strategic planning. CRC press. Coombs, W.T., 2014.Ongoing crisis communication: Planning, managing, and responding. Sage Publications. Hillson, D. and Simon, P., 2012.Practical project risk management: The ATOM methodology. Management Concepts Inc.. Kerzner, H., 2013.Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Koehne, B., Shih, P.C. and Olson, J.S., 2012, February. Remote and alone: coping with being the remote member on the team. InProceedings of the ACM 2012 conference on Computer Supported Cooperative Work(pp. 1257-1266). ACM. Pyzdek, T. and Keller, P.A., 2014.The six sigma handbook(p. 25). New York: McGraw-Hill Education.