Saturday, August 31, 2019

Who Killed Reconstruction?

North or South: Who Killed Reconstruction? Harper’s Weekly September 1, 1868 Harper’s Weekly September 1, 1868 â€Å"Is This a Republican Form of Government? Is This Protecting Life, Liberty, or Property? † â€Å"Is This a Republican Form of Government? Is This Protecting Life, Liberty, or Property? † Overview: The twelve years after the Civil War proved to be a difficult time for America. Called Reconstruction by historians, this era saw an increase of freedom for former slaves. However, there was also great resistance to change.In 1877 attempts to reconstruct the South officially ended, leaving white-only governments in power. This DBQ asks you to decide who, North or South, was most responsible for the end of Reconstruction Background Essay North or South: Who Killed Reconstruction †¦ the slave went free; stood a brief moment in the sun; then moved back again toward slavery. -W. E. B. Dubois 1876 was an exciting year for America. It was the 100th a nniversary of The Declaration of Independence and America was on the move. Homesteaders and ranchers were filling up the land west of the Mississippi River.Railroads were being built at an astounding rate. It seemed the United States was creating enough opportunity that all Americans and millions of immigrants could pursue their hopes for happiness just as Thomas Jefferson had envisioned 100 years earlier. So it is a great irony of history that the election of 1876 officially crushed the American dream for millions of black Americans. This election saw Rutherford B. Hayes, the Republican candidate and eventual winner, square off against Samuel J. Tilden, the Democratic nominee. Although Tilden won the popular ote by a wide margin, election results in Florida, South Carolina, and Louisiana were so close that a winner could not be determined. If these three states went for Hayes, he would win the Electoral College vote and become President. Talk of a new Civil War was in the air as th e opponents in the disputed states submitted separate sets of electoral ballots. An informal agreement, now called The Compromise of 1877, avoided the crisis by granting Hayes the Presidency. In return, Hayes promised to remove the last Federal soldiers from the South, almost guaranteeing that all-white governments would rise to power.The dream of Reconstruction was officially dead. For a while, however, it had seemed that the dream of Reconstruction might be realized. The 13th Amendment ended slavery. The 14th Amendment gave black Americans citizenship and civil rights. A Military Reconstruction Act was passed to make sure African-Americans' new rights were protected. Black churches were founded. Public schools were built for black children, and universities like Howard, Fisk, Morehouse, and Hampton were founded for black students seeking higher education.Sixteen African-Americans were elected to Congress and numerous others served at state and local levels. Finally, the 15th Amend ment was ratified making it illegal to deny someone the right to vote based on race. Indeed, real progress was made. However, in the early 1870s, the tide shifted. Southern states began to elect governments dedicated to whites-only rule. Between 1870 and 1876 all but three Southern states turned back Reconstruction efforts. When Rutherford B. Hayes agreed to remove federal soldiers, he was simply putting an end to an already dying effort.But dying or dead, what had gone wrong? Your job is to read the documents that follow and answer the question: North or South: Who killed Reconstruction? 1. Why was 1876 an important year for America? 2. Who ran for President in 1876? What were their political parties? 3. An â€Å"irony† is something you don't expect, something that doesn't seem to fit. What was the irony of history that occurred in 1876? 4. What was the Compromise of 1877? Who got what? 5. Describe each of the following Amendments to the Constitution. a. 13th Amendment: b. 1 4th Amendment: . 15th Amendment: Document A Source: In the years following the Civil War – throughout the South -state, city, and town governments passed laws to restrict the rights of free African-American men and women. These laws were often called â€Å"Black Codes. † The example below of â€Å"Black Codes† comes from laws passed in Opelousas, Louisiana immediately after the Civil War. ————————————————- 1. â€Å"No negro or freedmen shall be allowed to come within the limits of the town of Opelousas without special permission from his employers.Whoever breaks this law will go to jail and work for two days on the public streets, or pay a fine of five dollars. † ————————————————- —————— Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€- 2. â€Å"No negro or freedman shall be permitted to rent or keep a house in town under any circumstances. No negro or freedman shall live within the town who does not work for some white person or former owner. † ————————————————- ————————————————- 3. No public meetings of negroes or freedmen shall be allowed within the town. † ————————————————- ————————————————- 4. â€Å"No freedman shall be allowed to carry firearms, or any kind of weapons. No freedman s hall sell or exchange any article of merchandise within the limits of Opelousas without permission in writing from his employer. † ————————————————- ————————————————- 5. â€Å"Every negro is to be in the service of (work for) some white person, or former owner. Document Analysis How did black codes restrict the freedom of freedmen? Document B Document Analysis Based on the document above and your knowledge of U. S. history, what was the real end result of sharecropping? Document C Source: Albion Tourgee, Letter on Ku Klux Klan Activities. New York Tribune, May 1870. Note: Tourgee was a white, Northern soldier who settled in North Carolina after the War. He served as a judge during Reconstruction and wrote this letter to the North Carolina Republican Senato r, Joseph Carter Abbott. ————————————————- ———————————————— It is my mournful duty to inform you that our friend John W. Stephens, State Senator from Caswell, is dead. He was foully murdered by the Ku-Klux in the Grand Jury room of the Court House on Saturday†¦ He was stabbed five or six times, and then hanged on a hook in the Grand Jury room†¦ Another brave, honest Republican citizen has met his fate at the hands of these fiends†¦ ————————————————- I have very little doubt that I shall be one of the next victims. My steps ave been dogged for months, and only a good opportunity has been wanting to secure to me the fate which Stephens has just met†¦ I say to you plainly that any member of Congress who, especially if from the South, does not support, advocate, and urge immediate, active, and thorough measures to put an end to these outrages†¦is a coward, a traitor, or a fool. ————————————————- Source: Independent Monitor, September 1, 1868. Document Analysis What group(s) is the KKK threatening? According to Tourgee, what types of people are being attacked by the KKK?Why would the KKK attack these people? How do these documents help answer the DBQ question? Document C Source: Abram Colby, testimony to a joint House and Senate Committee in 1872. Note: Colby was a former slave who was elected to the Georgia State legislature during Reconstruction. ————————————————- Colby: On the 29th of Oct ober 1869, [the Klansmen] broke my door open, took me out of bed, took me to the woods and whipped me three hours or more and left me for dead. They said to me, â€Å"Do you think you will ever vote another damned Radical ticket? I said, â€Å"If there was an election tomorrow, I would vote the Radical ticket. † They set in and whipped me a thousand licks more, with sticks and straps that had buckles on the ends of them. ————————————————- ————————————————- Question: What is the character of those men who were engaged in whipping you? ————————————————- ——————————— Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€- Colby: Some are first-class men in our town. One is a lawyer, one a doctor, and some are farmers†¦ They said I had voted for Grant and had carried the Negroes against them.About two days before they whipped me they offered me $5,000 to go with them and said they would pay me $2,500 in cash if I would let another man go to the legislature in my place. I told them that I would not do it if they would give me all the county was worth†¦ No man can make a free speech in my county. I do not believe it can be done anywhere in Georgia. Source: Harper’s Weekly, October 21, 1876. Caption: â€Å"Of Course he wants to vote the Democratic ticket. † Document Analysis Why did the KKK attack Abram Colby? According to Colby, what types of people make up the KKK? What seems to be the ultimate goal of the KKK?What is the main idea of the cartoon? Document D Source: Gerald Danzer et al. , The Americans, McDougall Littell, 1998. —— ——————————————- †¦ in the 1870s, Northern voters grew indifferent to events in the South. Weary of the ‘Negro Question' and ‘sick of carpet-bag' government, many Northern voters shifted their attention to such national concerns as the Panic of 1873 and corruption in Grant's administration†¦. Although political violence continued in the South†¦ the tide of public opinion in the North began to turn against Reconstruction policies.Source: Kenneth Stampp, The Era of Reconstruction, 1865-1877, Vintage, 1967. ————————————————- Meanwhile southern Democrats gained strength when Congress finally removed the political disabilities from most of the prewar leadership. In May 1872, because of pressure from the Liberal Republican, Congress passed a general amnesty act which restored the right of office holding [and voting] to the vast majority of those who had been disqualified†¦After the passage of this act only a few hundred ex-Confederates remained unpardoned. Document AnalysisExplain the phrases â€Å"weary of the ‘Negro Question’† and â€Å"‘sick of carpet-bag’ government. † Why might increased anger about the corruption in government lead to less interest in government attempts to reconstruct the South? How did the restoration of voting rights to white Southerners undermine efforts to preserve and protect the voting rights of the freedmen? Document E Source: Heather Cox Richardson, The Death of Reconstruction: Race, Labor and Politics in the Post-Civil War North, 1865-1901. Harvard University Press, Cambridge, Massachusetts, 2001. ————————————————-In the fall of 1873, even the stau nchly (firmly) pro-Grant and pro-freedman Boston Evening Transcript ran a letter †¦ arguing that â€Å"the blacks, as a people, are unfitted for the proper exercise of political duties†¦. The rising generation of †¦ blacks needed a period of probation and instruction; a period †¦ long enough for the black to have forgotten something of his condition as a slave and learned much of the true method of gaining honorable subsistence and of performing the duties of any position to which he might aspire. Northern artist’s portrayal of the South Carolina State Legislature during Reconstruction.Source: The Cover of Harper’s Weekly, March 14, 1874 Document Analysis According to the letter from the Boston Evening Transcript, why did some people believe blacks were unfit to be government officials? How does this letter show racism existed in the North? How do this cartoon & letter help explain why Northerners lost interest in Reconstruction? How does the image above depict black politicians in the South? Document F Document Analysis How was it possible that Hayes â€Å"won† the election of 1876? How did this disputed election lead to the end of Reconstruction?

Friday, August 30, 2019

FDI Report: the Case of Nissan in the UK

Direct investment among the richest countries has been one of the eminent features of the world economy since the mid-1980s. Within this broad trend, Europe features prominently as both a home and host to multinational enterprises (MNEs). Not only did many Japanese and American firms invest massively, but even the most somnolent European firms appeared to awake to the need to look beyond their own national borders. (Thomsen and Woolcock, 1993) In narrow terms, FDI is simply all capital transferred between a firm and its new or established foreign affiliates. In its broadest sense, FDI represents competition: among workers, governments, firms, markets and even economic systems. (ibid) The main objective of this report is to illustrate the motives in relation to firm`s desire to locate some production or other activities in a foreign country. In order to do so, several theories that seek to explain why FDI takes place will be discussed, such as Dunning`s Eclectic Paradigm, Vernon`s Life Cycle model, the Knickerbocker Model and others. Moreover, to evaluate the rationale for FDI, references will be made to the case study of Nissan`s automotive investment in North-East England. Theoretical background The most commonly seen forms of FDI can be determined as: †¢ Merges and Acqusitions; †¢ Privatisation-related investment; †¢ New forms of investment (joint ventures, strategic alliances, licensing and other partnership agreements); †¢ Greenfield investment (a new operation); †¢ Brownfield investment (expansions or re-investment in existing foreign affiliates). (Hill, 2007) One of the first theories explaining multinational firms was created by Hymer (1959). He develops a specific – advantages theory which states that firms need to have internal – specific advantages over domestic rivals, in particular economies of scale and superior product technology, in order to invest in that country. Thereafter, Knickerbocker (1973) emphasise oligopolistic rivalry as an explanation for FDI, with firms investing in each other`s home markets to gain first mover advantages, leading to a follow-the-leader pattern of international investment to reduce risks in an uncertain oligopolistic environment. Furthermore, Vernon`s (1966; 1979) product life-cycle theory explains the shift from export to direct investment in developed and developing countries. Rivalistic firm behaviour drives firms in developed countries to locate lower value added or mature activities in low cost developing countries so that the firm can move up the product cycle and focuse on developing new products therefore sustaining the competibility. Thereafter, the internalisation theory was developed in order to understand why firms invest abroad instead of exporting or licensing to domestic firms. It argues that high transaction cost, such as enforcing contracts, maintaining quality, and keeping proprietary rights over technical and marketing knowledge, may justify direct ovnership (internalisation) of overseas activities. This theory has been expanded to include the transaction costs of political intervention and trade barriers. (Loewendahl, 2001) However, several theoretical studies have started to incorporate the insight from different perspectives into their own disciplines and are acknowledging the important contributions that different approaches can make to each other. (ibid) Dunning has brought together the main principles of there theories and developed Eclectic, also knows as Ownership-Location-Internalisation, paradigm, that clearly identifies these three areas of possible advantage for FDI to take place. (Dunning and Lundan, 2008) Although academically it is still under discussion, most countries seem convinced that inward FDI is benefical for their local economies. (Oxelheim and Ghauri, 2004) The study of Nissan`s automotive investment is a case in point, which will be explained in the following section. Nissan case study A company of Nissan`s automotive investment in North-East England is examined in more detail as: †¢ Nissan succeeded in its demands for a single union plant, which was highly controversial, unprecedented in the UK motor industry, and set the stage for the further investment of Honda and Toyota. †¢ It was the single lagrest investment in the UK at the time of severe industrial decline and the investment represented a turning point for the North-East region development. †¢ The investment signalled the revival of the UK car industry and the emergence of Japan as a major new investor in the UK. The success of Japanese auto manufacturers was compouned by the oil crises in the 1970s, which led to demand for small cars, of which Japan was the lowest cost and most efficient producer (Moore, 1994). Japan`s share of world car production increased from just 1% in 1960 to 27% in 1985. Furthermore, in 1996 Nissan`s share of the world passenger car production, at 5.8%, was the sixth highest in the world and exceeded that of Renault, Rover and Alfa Romeo combined. (Sadler, 1992) With rapid growth at home and abroad, Nissan began overseas production as early as 1962, setting-up in Thailand – the first overseas investment by a Japanese automobile company. By 1990, Nissan had 11 overseas production bases and Nissan UK was established in 1984. (Loewendahl, 2001) In spite of Nissan`s global consolidation in the automotive industry, its financial crisis lead to a strategic partnership between Nissan and Renault in March 1999. This partnership was beneficial for both parties due to the strategic fit between the two companies: †¢ Geogrphic fit: Nissan has a strong presence in Asia-Pacific and North America while Renault is strong in Europe and ahs plants in Latin America. †¢ Business strengths: Nissan is strong in manufacturing capability, product technology, and its supplier technology base, while Renault is strong in management, product planning and product design capabilities. †¢ Product range: Nissan is strong in light trucks and sport utility vehicles (although Nissan`s product portfolio covers nearly all segments), while Renault is strong in passenger cars. Nissan`s major FDI strategy for setting-up production in the European economic community (EEC) was market-seeking, and the UK was Nissan`s largest market in Europe, accounting for one third of Nissan`s sales in Europe in 1982. (Loewendahl, 2001) The economic conditions in several UK regions provided an environment suited to Nissan. While industrial relations in the UK in the early 1980s were not perfect (as far as Nissan was concerned), the Thatcher government promised radical changes. Nissan considered conditions in the North-East to be particulary favourable for establishing a single union and introducing new work practices, because Sunderland would provide an acquiescent workforce that has no tradition of automobile production, in region of high unemployment. (McRae, 1997) The domestic environment in the UK was considered less hostile than in the other major EEC countries and Nissan`s productivity advantage would be most apparent in the British market. In addition, the English language, competitive production cost and availability of government grants were also important. Also factors like Japanese financial services in London, similar commercial and legal systems, low taxes and cultural proximity (Morris, 1988), with a shared interest in gardens, rugby, golf and tea, playing a role in the decision-making of Nissan and other Japanese MNCs (Loewendahl, 2001). With reference to the terminology of Dunning`s eclectic paradigm, there was a high correspondence between the ownership advantages of Nissan and the location advantages of the UK. The UK was also able to meet the requriments of Nissan`s market seeking FDI strategy and project specific needs, as well as Nissan would satisfy the requirements of the UK`s inward investment-led industrial and regional policy. (ibid) Therefore, it can be said that Nissan and the follow-on investment of Honda and Toyota have prevented the collapse of the British car industry and Nissan is propping-up the North-East manufacturing economy. For instance, between 1986 and the end of 1999 the FDI coming from Nissan, Toyota and Honda reached  £4 billion in the UK. In other words, these three MNCs accounted for 80% of the increase in the UK car manufacturing output from 1991 to 1999. Nissan Motor Manufacturing UK is responsible for supplying the European market and managing its supply-chain, nevertheless, it does not have control over strategic activities including research and development, planning or co-ordinating the global network of operations. These activities remain in Japan, with Nissan`s European operations co-ordinated from Brussels. It can be outlined that Nissan (also mentioning Toyota and Honda) have made a positive contribution to the economy of the UK in terms of export, suppliers and job creation. It also applies to Japanese inward investment in other sectors of the economy. However, according to theoretical and empirical research, this particular picture of Japanese investment is shadowed when, for instance, the emphasis is put on the type of jobs being created. While Nissan has been at the centre of new training initiatives in the North-East, the jobs are not high skilled and are characterised by highly intensive work organisation. (Loewendahl, 2001) Conclusion To sum up, the most commonly seen motives for companies to become MNCs and invest in other countries are related to the business perspectives of merges and acquisitions, therefore accessing a foreign market, as well as the benefits of lower wages or more favourable government policies. In long term perspective of attracting FDI, especially from Japanese investors in the UK, a potential threat can be identified in relation to joining the Euro-zone. Japanese companies have invested in the UK in order to serve the European market, and what matters most are currency fluctuations within Europe, not with the dollar and the Yen. With Japanese companies like Nissan concentraiting production in one location and exporting to the rest of the European market, the importance of currency stability is increased. (Loewendahl, 2001) However, a pre-condition for further investment in the UK by Nissan and other Japanese companies may, therefore, be that the UK remains at the heart of economic and political integration in Europe.

Thursday, August 29, 2019

Selecting toys for young children Essay Example | Topics and Well Written Essays - 250 words

Selecting toys for young children - Essay Example In as much as these toys are meant to stimulate children’s imagination and encourage learning safety the quality of the toys must be ensured (The Kiwi Families Team, 1). Some of the toys that are appropriate for this age group include building blocks and accessories, modeling dough, paint, crayons and collage materials. Tricycles and trolleys as well as jigsaw puzzles would are also encouraged (The Kiwi Families Team, 1). Modeling dough is clean clay like substance that is used for modeling. It is reusable and as such children can use it for longer periods. Most of the time, children will poke, roll and squash this dough but as they do that they develop fine motor skills. Modeling clay appeals to kids in that while they are playing with it, they get amazed and wonder at how far the clay can stretch or how they would make one piece stick to another and these will prompt their problem solving skills. Parents should choose this toy for their children since motor development is one of the crucial phases of life and these toys help children develop it, it also boosts imagination. Modeling clay is not messy; children simply need to wash their hands after using this dough (Goodson, 21). In addition to this, children who have talent in the crafts can be discovered early by paying attention to the things that they make with modeling clay and these talents can be nurtured early enough. As such, parents should select this toy for their children since it can unveil unique talents that they have. According to the Kiwi Families Team, another toy that most toy manufacturers recommend for preschoolers is building blocks. These are always plastic and can be in the model of a farm animal, car or building. They are always big blocks that can be inter-connected to build things such as houses, vehicles and a variety of other things. With these pieces, children around four years can spend hours

Wednesday, August 28, 2019

Lesson Plan on Reading Comprehension Essay Example | Topics and Well Written Essays - 750 words

Lesson Plan on Reading Comprehension - Essay Example Assessment of their reading comprehension will be done on the basis of their ability to answer simple questions and use key vocabulary words to construct sentences on their own.The Tortoise looked up and said quietly, "I notice that you are very conceited. Why not prove yourself as the fastest runner Let us race up to the foot of that hill." He pointed at a hill at a distance.The Hare found it very comical to be challenged to race by a Tortoise but accepted the challenge. He sneered at the Tortoise and said, "Oh! I could cover the distance ten times before you could even manage to plod up there."So the race began. The Hare darted away immediately. He soon reached a tree on the way and stopped to look back. The Tortoise was nowhere in sight. It was cool beneath the tree and the Hare was a little out of breath. Besides, he thought, it would take ages for the Tortoise to reach the tree. So he decided to rest awhile. Soon he dozed off to sleep. Meanwhile the Tortoise plodded on and on an d on till slowly he came up to the tree where the Hare still slept. He glanced at the Hare, smiled, and moved on without stopping. He had almost reached the goal when the Hare woke up. The Hare saw that the tortoise was far ahead of him and had almost reached the hill. ... The Hare darted away immediately. He soon reached a tree on the way and stopped to look back. The Tortoise was nowhere in sight. It was cool beneath the tree and the Hare was a little out of breath. Besides, he thought, it would take ages for the Tortoise to reach the tree. So he decided to rest awhile. Soon he dozed off to sleep. Meanwhile the Tortoise plodded on and on and on till slowly he came up to the tree where the Hare still slept. He glanced at the Hare, smiled, and moved on without stopping. He had almost reached the goal when the Hare woke up. The Hare saw that the tortoise was far ahead of him and had almost reached the hill. He ran at his best speed towards the goal but the Hare had reached there before him.The other animals who were secretly annoyed with the Hare for his boastful attitude were very happy that he had lost the race. The boastful Hare hung his head in shame as they cheered the Tortoise loudly and clapped.The Tortoise plodded up to the Hare and said softly, "Dear friend, I hope you have learnt your lesson. It is not the fastest, but the slow and steady runner who can win a race." Input: The passage will be read slowly and clearly so that students are able to follow each word. Pause at every new vocabulary word and explain its meaning. Use bilingual dictionaries and language tools to explain new vocabulary to the students.arrogant: proud challenge: invite to a contest to prove something conceited: proud, vain sneered: laughed at, mocked comical: funny awhile: a moment, a short time plod: walk slowly, trudge secretly: not openly annoyed: angry, upset steady: stable, someone who is serious and is dependable

Tuesday, August 27, 2019

Palestine, Israel and the Arab-Israeli Conflict Essay

Palestine, Israel and the Arab-Israeli Conflict - Essay Example Since the end of the first World War, the land known as Palestine had been under British Colonial rule. In the early years of Palestine, there were a much greater amount of Muslims than Jews occupying the land at almost seven to one. (Wikipedia.com, 2006) As further persecution came in the time of the second World War, the aftermath resulted in an even larger influx of Jewish people in Palestine. Instead of the more lopsided difference in Muslims to Jews, it was now a two to one difference. In 1948, Britain pulled out of Palestine, at the same time recognizing the State of Israel and splitting the land between Jews and Arabs. This decision was further agreed upon by the United Nations. However other Arab nations did not agree, thus starting the 1948 Arab-Israeli War. Israel won this war and many other conflicts after that. As a result of the 1948 Arab-Israeli War, however, many Palestinian Arabs lost, or were forced out of, both their homes and livelihoods. The Israeli government, after the war, created the Absentee Property Law which allowed Israel to confiscate the property of the Palestinian Arab refugees who were not in the country at that time. (Nabulsi, L., 2006) With the Palestinian Arab refugees having no home-state, this issue leads us to more current issues that face Israel and Palestinians to this day. Recent Issues Much of the recent conflicts in Israel are due to disagreements between government of Israel and the Palestinian Authority as to the future of a Palestinian state, the fate of the Palestinian refugees and the survival of an Israeli state (Wikipedia.com, 2006). Terrorist activities brought about by the formation of groups such as Hamas and Hezbollah in the area have made life difficult for both Palestinian and Israeli people. Life is a daily struggle between normality and chaos. Peace has been brokered by almost every President of the United States since the late 1970's. "Roadmaps" were written to lead the two sides to an agreement, but a terrorist attack against Israeli people by Palestinian suicide bombers would lead to retaliation by Israeli military forces, so on and so forth. Organizations such as the Palestinian Liberation Organization, now the Palestinian Authority (PA) led at one time by Yasir Arafat, did some good in leading the Palestinians to an agreement with Israel. The Oslo Peace Accords were the most recent attempt to come to agreement. However, due to many Palestinians desire to have no Jewish state, and in turn no Israel, it is with great difficulty that any agreement may ever hold. Solution In the current setting of the Arab-Israeli conflict, it seems there will never be a solution to the problem or an end to the violence. From the street level, with violent attacks at times a daily occurrence, it is clear that an agreement is far off. "The Palestinian street has definitively rejected Oslo [Peace Accords], and top officials of the PA now say that UN resolutions must form the basis for future status talks," (Beinin & Hajjar, 2000).  

Monday, August 26, 2019

The Pillars of Policing Dissertation Example | Topics and Well Written Essays - 10000 words

The Pillars of Policing - Dissertation Example Through the use of the first pillar of helping to create a safe and secured environment the police department focuses on activities like tracking criminals, curbing criminal and vandalistic activities in the region and efficiently dealing with incidents of significant criticality. The second pillar of policing helps Sussex Police in making them better visible and approachable by the general public. Through this pillar the police department of Sussex endeavors to closely knit their activities with different communities to perform in a proactive manner. This practice also helps the police department to retrieve quality information and responses from the people which thereby helps them in curbing crimes. The third pillar is used by the police force to make efficient and optimal use of the human and financial resources of the police organization to effectively track down the criminal operations of the region. (Three Pillars, n.d.). The police force of Scotland operates on the basis of fi ve basic principles to promote a safer region for the citizens to dwell in. These operational principles or the pillars of Scotland police consist of acts like safeguarding the society from criminal activities, breaking the network of drug trafficking, reassuring the general people that they are safe through the conducting of patrolling operations, prioritizing the safety of the road environment for the driving and daily commuters, and finally helping the police force to become increasingly advanced and trained to handle complexities. (Central Scotland Police, n.d.). Similarly the community policing activities of United Kingdom are also based on eight operational pillars which can be enumerated as follows. The first operational pillar of community policing is to reduce the rate of criminal activities and the rate of disorderliness in the region. Secondly the actions of the police must be conducted of, by and for the general public and not for the sake of meeting operational guidelin es. Public approval for police operations is highly essential for reducing the former’s conflicts with the administration. Thirdly following the above context the police administration of a region must reflect a high amount of honor for the citizens of a country in desiring them to abide by the rule of the land. Fourthly the police administration of a country must endeavor to minimize the use force on making the people abide by the rules of the land physical torture affects the cooperative mechanism of the society with the administration. The fifth operational pillar of community policing states however justifies the use of force when all other arbitration mechanisms fail to reduce public tension. Sixthly more specifically the police system in the society must visualize itself as a key force in restoring safety and harmony in the community and thus be socially accountable. Seventhly the operational pillar also holds that the police system must not augment its potential throug h judicial involvement but must depend on its own actions. Finally in the eighth position the operational pillar holds that measurement of true efficiency of the police force is done on by observing the rate of absence of crime and social disorder and not merely the police’s actions related to such. (Special Feature: Historical Perspective, n.d.). The paper in this context draws a comparison of the police actions of United Kingdom with that of United States. The Police system in United

Sunday, August 25, 2019

HRM And SHRM Essay Example | Topics and Well Written Essays - 750 words

HRM And SHRM - Essay Example Virgin very early realized that simple management of employees is not good enough to achieve greater success in the global market. It took the idea that investment in human element with respect to all aspects of the organization is essential for the success of the company. It integrated management of human resources into organizational strategy and has reaped tangible benefits as a result of this. Virgin took the HRM approach of designing systems, policies, and procedures to manage employees and integrated it with SHRM approach wherein human resources were seen as the key asset, extensive interest was shown and investment was made in order to meet key objectives. The approach of the group towards SHRM can be best understood by their group motto: "Our people come first†. Virgin has adopted various initiatives to ensure that their employees are managed effectively. Safe working environments are created, training is undertaken to ensure that employees are updated with the skills n eeded to handle their work, employment contracts for all staffs, and many more HRM initiatives have employed. There are other HRM systems in place such as bonuses, stock options, profit sharing, etc. Along with this Virgin have come up with numerous SHRM strategies such as recruitment criteria were in the company looks for values and character among the prospective employees that can uphold the company's brand value. Only those are selected who possess values that fit with the company's brand culture (Verma, 2006).

Global Water Crisis Essay Example | Topics and Well Written Essays - 1750 words

Global Water Crisis - Essay Example In a global perspective, only a small proportion of water can be regarded as fresh. It is worth noting that much of the fresh water is not physically accessible by human beings. In fact, UNEP estimates that two-thirds of fresh water is tucked in frozen glaciers, meaning, it is not readily available for human and animals consumption, as well as for agriculture. In terms of accessibility, UNEP (2010) posits that approximately 1.1 billion people lack access to water, and a further 2.7 billion experience water scarcity at least a month annually. The World Bank estimates that 80 countries experience water shortages, translating to 2 billion people lacking access to clean water. One of the factors that has contributed to the global water crisis include population expansion. Figures from the World Health Organization (2012) points that population has undeniably doubled over the recent past. Consequently, this has led to transformation of water ecosystems, coupled with loss of biodiversity. Rapid population growth has contributed to overpopulation in many parts of the world and thus many people have been forced to inhabit or encroach on water basins and other water catchment areas. Consequently, increased human population, which increased from 1.7 billion to 6.6 billion people in the last century according, has also been linked with unsustainable use of water. Population growth has been accompanied by economic development in the last fifty years, and has also been supported by subterranean water resources which are non-renewable.

Saturday, August 24, 2019

History of the Gospel of Mark Essay Example | Topics and Well Written Essays - 1250 words

History of the Gospel of Mark - Essay Example Researchers assert that the gospel of Mark was anonymously written but by tradition has been attributed to John Mark, the evangelist. It is also claimed that the content is thought to be the report of Simon Peter. Researchers also agree that the book was probably written between 50 and 70 A.D. in Italy or in Rome. Further, there is an indication of a secret book of Mark which so far has not had any significant impact on the history of Mark. The main evidence about the authorship and date of the gospel of Mark comes from the writing of Eusebius of Caesarea. Wettereau (as cited in Wikipedia) proposes that Eusebius of Caesarea was the bishop of Caesarea. Eusebius is often referred to as the father of Church history because of his recording of the history of the early Christian Church. Eusebius used sources such as Papias to obtain his information. Papias was a church leader in the first half of the second century and was later canonized as a saint. Eusebius (as cited in Kirby 2007and Malick 2007) quotes Papias as reporting that, Mark having become the interpreter of Peter wrote down accurately whatsoever he remembered. It was not, however, in exact order that he related the sayings or deeds of Christ. For he neither heard the Lord nor accompanied Him. But afterwards, as I said, he accompanied Peter, who accommodated his instructions to the necessities [of his hearers], but with no intention of giving a regular narrative of the Lord’s sayings. Wherefore Mark made no mistake in thus writing some things as he remembered them. For of one thing he took especial care, not to omit anything he had heard, and not to put anything fictitious into the statements. Two other sources ascribing the authorship of the gospel of Mark to John Mark include the writing of Peter himself in the book of Acts and the motivation of the early church. Kirby 2007 posits that the speech of Peter, an apostle of Jesus Christ, in Acts 10:34- 40, can serve as a

Friday, August 23, 2019

Architecture Essay Example | Topics and Well Written Essays - 1250 words

Architecture - Essay Example The basic architectural context constitutes of the external and internal circumstances that entail the setting for a statement, event or idea in the terms which it can be assessed and understood (Fritsch 11). From a utilitarian point of view, buildings are a product of the social political, religious and economic needs of a society and their attributes range from size, material and design are a reflection of the prevailing temporal and special environments. Throughout human history and contemporary times the architects have always responded to the climate and physical environment or cultural beliefs or intellectualism and popular ideologies. Therefore, modern designers are obligated to take careful consideration of the temporal context as they create new architectural designs because architects that disregard this concept ultimately risk making culturally irreverent and inferior designs. In this essay this position is primarily defended by and introspection of retrospective architect ural designs that have cemented their place in culture and history of their retrospective as well as some of the cultural factors that should be considered when architect are trying to design cultural strong and consistently relevant structures. A generic example of this is the pyramids of Giza and Memphis; their intricate geometrical design can be attributed to the prevailing temporal developments in mathematics since the ancient Egyptians were among the first people to develop a several mathematical concepts. That the pyramids are some of the vastest works or architecture bespeaks the fact that they had a lot of space in which to build them. Outside the silt rich Nile valley, and there was very little arable land therefore unlike other cultures; the Egyptians could afford to build on huge tracts without compromising grazing of farm (Barta 178). The pyramids despite their sheer size and potential for occupancy were never meant for the living but only the dead kings and their servan ts (also dead). From a western point of view, and this may have been seen as an extremely wasteful and impractical; however, to the Egyptians it was the natural thing to do based on the their deep seated beliefs in the divinity of their rulers and life after death. These structures are also a reflection of the economic prowess of the Egyptian civilization and they have been used just as the romans were to later use the coliseum to symbolize their power. The particular use of the Egyptian pyramids is based on the act that they embody many of the contextual dimensions that this paper shall base its arguments on in supporting the thesis. In a study dedicated to the â€Å"Ethno archaeological Study of Vernacular Architecture in Tigray, Ethiopia†, Diane Lyon examines the various temporal and special dimensions and considerations that inspire and construed indigenous and modern architecture in Ethiopia over the course of the last two centuries. This particular article is inclined t owards the temporal aspects of architecture as it seeks to investigate the cultural significance of architecture within the time in which it is restricted. By examining vernacular architecture described as an indigenous and none-elite domestic practice of construing domestic habitation, he intends to compare the social and political significance that came with specific architectural designs (Lyon 184). The Tigrayan rural houses were viewed both as political and local prerequisites which were instrumental and reflective of all social political and economic action throughout the spectrum. One of the themes in the Tigryan architecture than emerges prominently is the usage of wood specifically to decorate the interiors of houses more so the roofs of the traditional house made from mud

Thursday, August 22, 2019

Why to Kil a Mockingbird Was Banned Essay Example for Free

Why to Kil a Mockingbird Was Banned Essay To Kill a Mockingbird by Harper Lee was published on July 11, 1960 and was an immediate bestseller. It won the Pulitzer Prize for fiction in 1961 and was voted â€Å"best novel of the century† by the Library Journal. With more than thirty million copies in print, To Kill a Mockingbird remains a bestseller. Regardless of all the praise, this novel has been banned and challenged in many different areas due to profanity and racial slurs. To Kill a Mockingbird was challenged and temporarily banned in Eden Valley, Minnesota due to the use of words such as â€Å"damn† and â€Å"whore lady†. In some other areas, it was challenged with being a â€Å"filthy, trashy novel†. In Warren, Ind. Township schools this novel was challenged â€Å"because the book does psychological damage to the positive integration process and represents institutionalized racism under the guise of good literature†. This novel was also challenged and/or banned in many other school districts due to the use of the word â€Å"nigger†, profanity, and other racial slurs. Some districts also claimed that this novel is degrading to African Americans. When a letter to the editor was written by a Richmond, Virginia area school board in attempts to ban To Kill a Mockingbird as â€Å"immoral literature†, Lee responded by saying: â€Å"Recently I have received echoes down this way of the Hanover County School Boards activities, and what Ive heard makes me wonder if any of its members can read. Surely it is plain to the simplest intelligence that â€Å"To Kill a Mockingbird† spells out in words of seldom more than two syllables a code of honor and conduct, Christian in its ethic, that is the heritage of all Southerners. To hear that the novel is immoral has made me count the years between now and 1984, for I have yet to come across a better example of doublethink. I feel, however, that the problem is one of illiteracy, not Marxism. Therefore I enclose a small contribution to the Beadle Bumble Fund that I hope will be used to enroll the Hanover County School Board in any first grade of its choice.† Although To Kill a Mockingbird is her only published novel, Lee has been the recipient of many honorary degrees. However, she has always declined to make a speech. To this day, To Kill a Mockingbird is still challenged in many different areas.

Wednesday, August 21, 2019

The Arguments Of Liberalism Marxism And Corporatism Politics Essay

The Arguments Of Liberalism Marxism And Corporatism Politics Essay Two main political and economical ideologies have been popular in world economics and political thinking in different regions and different cultures. These include liberalism and socialism. The liberalism means freedom and in economical sense it is economical liberalism or in other words it is a concept of free market. Marxism is entirely an opposite concept to liberalism where socioeconomically activities are monitored and controlled in the best interest of society. The idea originated when dangers of liberalism were strongly felt. Liberalism can mix with many ideological connections with other ideologies but one corner where it remains intransigent is the expression of free market and free exchange of goods and commodities. In fact, Liberalism is not strict ideology like other ideologies. Furthermore, it has no desire to create a cleavage between proletariat and the bourgeoisie. In addition, liberal economical concepts lack distinctive features of socialist and fascist ideologies. Introduction Two main political and economical ideologies  [1]  have been popular in world economics and political thinkings in different regions and different cultures. These include liberalism  [2]  and socialism  [3]  . The liberalism means freedom and in economical sense it is economical liberalism or in other words it is a concept of free market. The concept of liberalism originated from ancient times of Greeks and got popularity in the time of western bloom. The term liberalism is wide enough in its actual meanings. Liberalism in general meaning is used to mention a boundary less environment with freedom and equality, either it is in individual or group context. For example, individual freedom, social equality, freedom of speech, freedom of thoughts and private rights. When speaking in economic context, it describes an economical system with no restrictions. For example, free market, free economy, no limitation or restrictions on economy. What are the social and economical syste ms adopted by most of nations in the world? The answer is rarely in the form of liberalism or Marxism but always in between two extremities. The proportion of both extremities in most of world economy and social system varies in accordance with culture, belief, customs and history of the nation and society. Most of world economies range between two extremities rather than to be polarised at extreme end. In the current essay, a system of free economy or liberalism is compared and contrasted with restricted and closed system of economy also known as Marxism  [4]  . In addition to describing real difference between both systems, essay also takes a critical review of various minor systems falling in between two extreme ideologies. The purpose of the essay is to critically analyse the comparison of liberalism and Marxism. The essay will argue why one system has failed and may other system completely control the welfare of socioeconomically needs of a nation or what may be the solution if both systems could not effectively manage the economical crisis created as a result of global financial fall back in recent years. Background After Second World War, two extreme economical ideologies emerged in various parts of world under the influence of their military regimes  [5]  . The two extreme ideas; liberalism  [6]  and Marxism, both are result of strong view of one school of thoughts denying the avidity of their opponents thinking. Soon, the liberal and socialist ideas developed into their latest stages. For example, liberalism cloaked in to economical theory of supply and demand  [7]  . Similarly, Marxism degenerated into mysticism and sectarianism. Liberal critics like French economist Fancois Perroux  [8]  critics extreme liberal assumptions that modern world is occupied by industrialist and merchants with freedom, equality and limitless activities of gaining profit and managing business, thus creating an idea of capitalism. In the same way, Marxism was also critised due to extreme attitude to accept the realism of liberal capatism, concept of equality and liberty. An Australian philosopher Alexander Topitsch  [9]  recommended the idea that dialectical method approach can be used for each purpose. Who was right and who was wrong is still unclear. Neither Marxism, nor liberalism can succeed as a single economical system in any country of the world. The developed countries like America with great promotion of economy in previous few decades could not escape recent global financial crisis in spite of running their economy on free market basis  [10]  . On the other hand Cuban economy with major element of Marxism collapsed. Conventions, seminars, meetings and research activities are under consideration to find out reasons of current financial crisis. Will economist be successful in developing some intermediate strategy to save world from disastrous effects of any future economical crisis? What will be the ratio of both extreme ideas in newly compromised system? No one could find out successful solution until now. The practical approach of both liberalism and Marxism has been attempting to provide a fair and functional system of economy for nations. It is true that USSR  [11]  and Cuban  [12]  systems were quite strict but economy of USA and most of European countries were relaxed in adopting few elements from Marxism concept for the development of welfare societies  [13]  . Therefore, the practical conflicts between both systems seemed to be closed down today as Marxist nations have taken consideration of liberalising their economies. It was quite interesting historical fact that few supporters of Marxism were emerged in western countries when Marxism was declining in countries of its origin. History has proved that Marxism is declining in countries of its foundation. Liberalism has been accepted as a refuge in countries of Marxism failure. Welfare states policies have accepted some sort of state welfare by accepting many socialist programmes initially failed in communist countrie s. Similarly, in communist as well as East European countries liberalism has emerged as an alternative and hope for success of economy after Marxism has result in the form of financial failure. The main reason for the adaptation of the economic liberalism is due to the fact that all weaknesses of the non-liberal economical model of social realization warrants the consideration of the alternative liberal social realisation. Long before liberalism success become obvious, a number of world ecomist have revealed the fact that liberalism has started facing crisis and the countries with liberalism economy are undergoing financial crisis  [14]  . Most recently Serge Christoper kolm, a popular economist has expressed his views that both extreme ideas should not be framed in one picture. Instead, both should be considered in the fulfilment of each other. Kolm thinks that the liberalism and socialism are both founded on the foundation of liberty. Literature review Liberalism Liberalism can mix with many ideological connections with other ideologies but one corner where it remains intransigent is the expression of free market and free exchange of goods and commodities. In fact, Liberalism is not strict ideology like other ideologies. Furthermore, it has no desire to create a cleavage between proletariat and the bourgeoisie. In addition, liberal economical concepts lack distinctive features of socialist and fascist ideologies. Distinctive to other ideologies, liberalism is in general sceptical of any extreme power as in case of inflation, it seems to see signs of authoritarianism and totalitarianism. Carl Schmitt  [15]  named liberalism as minimal state as liberalism seems to be best fitted for a secularised policy. The free market behaves as neutral field allowing only the minimum of economical ideological conflicts which erase all political conflicts, indicating that all people are rational beings whose quest for happiness is best secured by the peaceful status of economical targets  [16]  . In a liberal society, individualistic political belief is sooner or later reduced to a private individual approach. Therefore market trend may thus be viewed as an ideal social set up with main objective to limit the political arena. In this sense market may be viewed as an ideal social set up with an objective of limited political arena. Resultantly, every possible gap in market is generally explained by political steps hampering free market. Liberalism has received most cynical comments from Marxism school of thoughts. However fascist ideologist Julius Evola also wrote in a more focused comments that,Take my life but spare my money  [17]  . Another characteristic of liberalism comes from its historical background that it has close connection to religion. Many authors have commented that liberalism ideology is more popular in religious rooted countries with biblical monotheism. A German socialist Werner Sombart commented that liberal thinking in economics and ethics stem from Judo Christian spirituous  [18]  . Similarly a French anthropologist, Luis Dumont expressed his view that liberal individualism and economist are originated from religious politics  [19]  . How is the religious foundation strong enough for construction a building of belief of liberal economics? The answer comes from a school of thoughts with ides that every individual is accountable before God for his actions in this world either it is his income, profit or expenditure. Therefore economical activities are also scrutinized under religious duties. How liberal economic reforms were originated and flourished in America is explained by Emanuel Ra ckman. He viewed that Judeo-Christianity played an important role in the development of ethical liberalism in the USA  [20]  . Another author named konvitz claimed that Modern America has followed Jewish spiritual teaching in adopting economical liberalism  [21]  . Other authors who played a role to advocate liberalism includes Feurbach, Sombart, Weber, Troeltsch. It has been proved recently that most of developed countries with liberal type of socioeconomically systems have achieved financial success with high GDP rates. The actual strength of liberal economics is present in free market idea where all people develop their individual business freely and consciously. Free market concept doesnt care any hierarchy and social differentiation. It only encircles the differences originating from business transactions. The argument in favour of liberalism present evidence of economic opportunity, free business choice and personal efforts f create business. In this way people with free market concept makes their own social strategy. Now let us look at the concept of equal opportunity connected with liberalism. Schaar says that free market creates inequality because undesired talent and goods are no more demanded thus creating a sense of unequal opportunity. It means that free markets will create a sense of injustice. However modern liberalism is a further progressed as it doesnt care about national boundaries but promote multinational, multicultural and multi ethical heterogeneous business strategies. An intelligent politics will be imposed from strong nations on less strong economical regions to capture material, labour and talent of their own choice and at their own price thus enhancing the chances of disputation and dissatisfaction. Marxism Marx was in favour of social justice and wants everybody in society to enjoy benefits of economical success irrelevant of investment and wealth  [22]  . He suggested a theory known as Labour theory of value. According to the theory, value of goods or service includes the value of labour which goes into it. He believes that labourer should have equal share as investors as an owner of capital, land, machine or organisation. According to this theory, profit should be distributed among labourers. Actually, the idea is that property should be in the hands of workers rather than in the hands of investors  [23]  . However, Marx failed to realise that investors have invested capital and taken some risk in the form of their investment, therefore they should be compensated at some limit in the form of extra advantage in the form of profit. Secondly, investors will look after their investment as they have invested it rather than those who have not invested any thing. How government bureaucracy can look after the investment when they have not any personal interest in the investment  [24]  . Many countries adopted Marxs ideology in various shapes and forms. For example, USSR, China and Cuba have adopted Marxism in some form but unfortunately failed soon to supply sufficient goods and services in accordance to population. The failure was so worse that famine were result in both countries. The failure has forced economies of both countries to think about reverting from extreme ideologies of Miriam. So what was the fault of matrix when it has taken a fair view to account labour class  [25]  . Actually it was similar like Owenss experiment in New Harmony  [26]  . It has not considered the human nature into account. In other words, without incentive people will work only as much they must work and investors will not invest money without greed of profit. It is entirely an opposite concept to liberalism where socioeconomically activities are monitored and controlled in the best interest of society. The idea originated when dangers of liberalism were strongly felt. The danger was felt by Karl Marx  [27]  that in liberal society everything becomes expandable commodity and therefore public also felt like an expandable commodity. By adopting a controlled economical market, people will be less prone to inequality and their values, interest, economical condition is well protected. Schaar does not like the idea and commented that the ideology may be catastrophic in the long run. It is because an individual with unequal economical benefits will behave as he is superior to other human beings thus creating an unsatisfied, unequal and disrupted society. Liberalism was rejected because it could create unrest among less competitive people  [28]  . Under huge psychological and intellectual pressure caused by incessant economical competition and fear, less competitive and less wealthy people become distressed by feeling that they are out of economical activities. In an extreme scenario, the considerable number of people with low competitive position may become bitter, jealous or depressed. In other words, it is now confirmed that liberalism that all are equal is actually illusion and only those enjoy benefits of free market that are financially strong. Therefore the ideology of liberalism was rejected in response to psychological insecurity in less competitive, material influence in society and debridement of less obliged people. Marxism with an idea of creating space for poor, less obliged and less competitive people was flourished when liberalism popularity was declining  [29]  . The endless geed of riches to collect wealth, monopoly on various economical activities and ignorance of less able portion of economical society result in emergence of Marxism. Therefore Miller predicted that such an economic ideology will ultimately result in collapse of society. In the modern era, both systems have seen failure in various contexts. On one hand, highly successful economies like USA has collapsed and on the hand highly controlled economies like USSR and Cuba have failed. A long discussion and careful evaluation of both systems with finally developing an intermediate system might be a story of success. Comparison between two systems Economist argues that constant improvement in general welfare by its own economic success is actually great threat to liberalism. As people become rich, their influence on society increases and they will deprive poor ones  [30]  . Their will be two apart classes. The unlimited expansion of liberalism may result in increased materialistic influence on society in creating unrest and agitation. Economical crisis, social discord, dissatisfaction and political upheavals will be inevitable incidence once society has achieved its maximum material growth. Poling  [31]  remarks that liberalism is humans natural instinct of unquenchable desire to collect wealth. It is an act of freedom and liberal ideology to feel pleasure and happiness by collecting money and material. However, the instinct of material is dangerous as it seemed to be unlimited and unrestricted. It can never be satisfied. Polin says that merchant civilisation as result of liberalism will ultimately convert into hedonis tic civilisation. Polins marks are not much different from Julien Freund as Julien is convinced that liberalism generates a society of impossible needs, insuitable desire and dissatisfaction. The other critics on liberalism mentions that liberalism seems to address needs of human being but it also creates new needs. One philosopher believes that liberalism intestinally creates new needs. Keeping in mind that liberalism could not succeed to provide equality in society, and then Marxism may be alternative to offer equality in frugality. The comparison of two systems has been tabulated on next page. Comparison between two systems Trait Liberalism Marxism Origin Liberalism is a strong and dominant theory of international economic system. It was first of all presented by Adam smith in 1723 in his essay known as An enquiry into Nature and causes of the wealth of nations. Later on David Ricardo (1772-1823) and Stuart Mil (1807-1873) supported the liberalism theory. Comparatively, Marxism presented by Karl Marx (1818-1883) is opposite to liberalism. Marx opposed capitalism and free market as a way of collecting undue wealth. Ideology Liberalism favours private business, free national and international trade with out any significant influence of Government. Marx does not bother about free market and international business. Instead, it believes that everybody in a society should enjoy benefits of economical development. Comparison between two systems (continued) Trait Liberalism Marxism Value Trade-Offs In this theory businessman is free to maximise its productivity and income. There are minimum restrictions or taxation on income. In this theory, trade is not free but regulated and monitored. There are restrictions and taxation on business. Distributional Outcomes As trade is free, investor and owner has unlimited power to earn profit. Investors and employers are not free to earn unlimited profit. Their profit is used to create social equality and stability. Effects on the State Due to less or minimum taxation, less restrictions on business, state is attractive for national and international investor. Here businessman and investor are under control of state. They participate in developing economical and society equality. Success in Modern Era In fact the great economies of the world like USA with free market economy are also effected worsley by recent global crisis. The crisis was so deep that congress has to pass billion dollars bill to bail out economy from current crisis. USSR and Cuban economies have also been devastating collapse when they were executing Marxism. Comparison between two systems (continued) Trait Liberalism Marxism Effects of Global crisis The global financial crisis has left unbelievable effect on USA economy. Multi billionaire companies disappear from map within few weeks. Unemployment, inflation, loss of stock market and foreclosures were early outcomes. However recession is not yet over and it is predicted that it might be a deep recession and may last next two three years. Long time ago, Countries with Marxism economy systems collapse badly and public was even desperate for bread. In recent global crisis, such economies are affected but not as much as economies with liberalism. It might be because economies with liberalism were better developed than economies with Marxism. Discussion The constant and rapid economic growth brings change in social and cultural dislocation resulting in background of tempting radical ideologies  [32]  . Continuous expansion of market, increasing urge for wealth, high level of materialism and materialistic independence emerged as a result of liberalism may tempt to sacrifice freedom for economic security  [33]  . Economical success may be a strong bond but it will not have good emotional power inducing self scarification for others. Liberalism is blamed to create totalitarianisms by placing individuals in purely economic interdependence on each other and by ending traditional family bonds. Actually totalitarianisms is generated when one prefer to obscure realms of social, religious, family and moral bindings. There was a likelihood that modern liberal society may fail in future due to poorly, unequal opportunity for labour class and as a result of investors urge to save unlimited wealth. The likelihood proved true when recent global financial crisis have disturbed successful economies of countries like USA and Japan  [34]  . On the other hand, recent economic success of various Asian countries on Pacific Rim has overshadowed the economic achievements of the countries marked by the Judeo-Christian legacy. However, recent global crisis have also affected the Asian countries economies as well  [35]  . Before deciding which system is best and which has failed adversely. The current financial crisis is the ever most devastating crisis ever happened in history  [36]  . Some major enterprises like ionic Wall Street institutions, Bear Streams, Lehman Brothers and Merrill Lynch, Fannie made, Freddie Mac, AIG insurance have disappeared leaving behind employment and investment crisis. Free markets have been proved rapid way of developing economies. The time has proved that large economies of the world like USA economy flourished unlimited with free market concept. Such economies have adopted taxation sy stem to get some revenue for less rich people. This element may be closer to Marxism concept. We have seen that fall of economy in major economies is more deep in countries where markets are more free. Similarly, countries with complete control of economies like Cuba and Russia failed more severely because of strict control on economy. An important liberal economical concept is comparative advantage  [37]  . The law of comparative advantage was first of all developed by David Ricardo. He said that free trade activities are carried out independently without considering national boarders. It will bring advantages to all participants because free trade market specialisation possible. Both ideologies liberalism and Marxism have elements useful and relevant for todays economical crisis. The most of Marist thinking developed in third world. Marist opinion that underdevelopment is due to external economical factors and exploitation from developed world. Economic liberals have optimistic and positive view of globalisation and think that free market concept creates an international business system without boundaries and develop a global business village. None of the ideologies could fully explain the current global financial crisis. History has proved that neither complete liberalism nor strict Marxism can guarantee for strong economy. Then what is the solution. The answer is something new and in between both systems. Therefore economist is looking to develop new systems. Even in global crisis some of the countries are confused and trying to control their economies instruct way. The result is further deterioration of their economical status. Economist with liberal ideology disagrees to the extent of political interference by government. An economist Paul Samuelson recommend free trade and said in favour of free trade, it is more probable that one region may be specialised in the product in which it has comparative advantage. The trade will be mutually profitable to both regions. An intermediate ideology can do a great deal in explaining the current political and economical climate in the world and seems to be a valuable tool in understanding the solution of current financial crisis. The ideology cannot only explain the political and economical systems of the past but also provide a solid solution for the future. Conclusion The failure of Marxism, Socialism, and Liberalism is ironic in that it results in the same outcome, Ricardo  [38]  mistakenly attributed to laissez-faire capitalism, and the working class inevitably ends up working at subsistence wages or less  [39]  . The story of 19th century economic thought is an interesting retrograde movement. It began with Adam Smiths clear explanation of how economies work should be free to manage, how free markets concept can flourish private business and ended up by griping and control on economical activities with an obvious recipe for disaster (Marxism). The current crisis is worst since the decade spanning 1970 and mid 1980  [40]  . Even now most of economies are set between two extreme ideologies, but none of the world economies can sustain their progress in front of recent crisis. If both systems have failed adversely in recent financial crisis, then what is the actual solution? Neither USA economy with liberalism theory in background nor U SSR and Cuban economy with Marxism ideology of economical control could survive. Banking system failed, mortgage companies become bankrupts, stock exchanges collapsed and even some government could not face global financial crisis. However, crisis has convinced various countries to think on a single pate form to resolve this matter. Economists, politicians, researchers and philosophers are working together to find out such a solution which is intermediate to both extreme theories  [41]  . Banking system is also under contraction for new updates. If we look at economies of Asian countries like India and china where a semi controlled economy has emerged as result of adopting intermediate policy, these could if effected by recent financial crisis are not in deep recession like USA, USSR or Cuba. I would say as a result of said literature review and discussion that an intermediate economical system with properties of free market but under light control where investors are not ignorant about their social and moral responsibility to care about poor people. Such a system seems to be an answer as economist have seen that all types of necessary steps including injecting money into economies, helping banks and industries to save those from bankruptcy and creating artificial jobs could not help to come out of recession. On one hand politicians and economist have been talking about to take strict measures on banks but it was fear that any restrictions on banks may decrease the volume of money available to businesses. Once businesses are short of money, there will be less business, less jobs, less public money. Less purchasing power and less demand of items will result in less manufacturing. The c

Tuesday, August 20, 2019

The involvement of IMF in the Economic development of Nigeria

The involvement of IMF in the Economic development of Nigeria Has the economic integration and trade liberalisation of Nigeria by IMF enhanced its economic development? Research Issue: This question has contested several evoking and vigorous answers- following the ambiguities and contradictions of the IMF concepts that have riddled its purpose, and has therefore, created an enormous uncertainty and complexity which evidently is raising new anxieties and threats to human security and development especially in underdeveloped economies. Method: My main source of information will be from secondary data such as: Google books, articles, books and journals. I will apply a qualitative method approach. Purpose: The objective of this term paper is to analyse some economic indictors such as GDP, inflation and other economic variables from these secondary data to see if the integration and trade liberalisation of Nigeria by IMF has enhance the economic development of Nigeria or rather distorted its development. Keywords: Globalisation, Economic Development, IMF, Nigeria, GDP, Economic growth, Inflation, dependent theory, Liberal Theory, Abbreviations GDP: Gross Domestic Product SAP: Structural Adjustment Programme OECD: Organisation for Economic Co-operation and Development GATT: General Agreement on Tariffs and Trade WTO: World Trade Organisation IMF: International Monetary Fund CBN: Central Bank of Nigeria NEEDS: National Economic Empowerment and Development Strategy MNCs: Multi National Companies LDCs: Least Developed Countries PRSP: Poverty Reduction Strategy Programme FDI: Foreign Direct Investment OAU: Organisation of African Union MAN: Manufacturing Association of Nigeria NEITI: Nigerian Extractive Industries Transparency Initiative NACCIMA: Nigeria Association of Chambers of Commerce. Industry, Mines and Agriculture NIEC: National Economic Intelligence Committee NASSI: Nigeria Association of Small Scale Industrial 1. INTRODUCTION The economic of Nigeria and as other British colonies has been under great influence dating back to 1846 when the protective barriers or duties on agricultural imports were abolished. By 1860, all trace of restriction on trade and tariff restrictions were removed and an era of free trade imperialism treaties begun .The imposition of the Free Trade by the British on its colonies and informal empire to obligatory maintain low tariffs by treaties with the chief aim of reducing their sovereignty in commercial matter and giving extraterritorial right to foreigners (Angus Maddison, World Economy, April 2001). The two world wars shattered this liberal order and caused the collapse of capital flows and the beggar-your-neighbour trade system. However, by 1950 to 1973 a significant fast growth in the world economy was recorded and that era was referred to as the golden age. This growth was due to several reasons but mainly because of the creation of a liberal international order by advanced capitalist countries with explicit and rational codes of behaviour and institutions for co-operation (OEEC, OECD, IMF, World Bank and the GATT) in order to avoid the incur of the beggar-your-neighbour behaviour of the pre war years(Angus Maddison). However, Nigeria and the rest of the 168 countries of the world were considered falter in their economic development because of the alarming deterioration in economic performance of these countries after the golden age. This liberal international order is known as globalisation today. The issue of the faltering economies of this heterogeneous group of 168 countries has brought questions, opinions and views of pros and cons of globalisation. Some believe that globalisation has made the world healthier while other believes the contrary. Theodore Leavitt(1983) to explain globalisation market state that We live in a rapid globalising world and certain national identifiers like taste, technology, market and finance are no longer constrained by national boundaries. They operate on a global basis. The defining features of globalisation are interdependence and connectedness of the economics, politics and culture of nations and not uniformity of markets and taste of a single country (Yong M, 1989). The more these economies integrate, on the one hand; the more new ideas about politics, education, entertainment and services and expansion of local culture perimeters are reinforced and diffused. On the other hand, the international network becomes increasingly complex and unpredictable. Beside, as is known fact that, virtually all humans are opportunistic; hardly would nations work together and not want to outwit one another either to gain an economic, social or military advantage. While considering the complexity of economic growth through integration. The question will be, is it possible for underdeveloped economies to transform into vibrant economies for growth and development amidst this complexity? Well, base on the complexity and competitiveness of the developed economies over those of the underdeveloped economies and the implicit backing of these developed economies by international global institutions such as the OECD, WTO, GATT, IMF, and World Bank, a sustainable economic growth of these underdeveloped economies is slim. This has aroused great criticisms and close examination of the impact of globalisation on the development process of these underdeveloped economies because of the continual retardation of these economies. This persistent situation has resulted to the debt crisis of many of these economies and had led to sheer poverty, squalor, deprivation, frustration and worst political instability. 1.1 Globalisation The term globalisation is frequently used but seldom defined because of the vast interpretation of its phenomenon and perhaps its multiple manifestations of its prevailing trend. It has become a buzzword of the century often use to describe everything that is happening in the world today. Since its advent, a once thought big world is made into a much smaller place where the interaction between different countries and economies of the world are increasingly integrated by factors like internet, TV, radio and mobile phones and the creation of institution like World Trade Organisation (WTO), World Bank and International Financial Institutions (IFIs) has expanded international trade and also portfolio of investment such as foreign loans, international policies Brittan (1998:2) viewed globalisation as a whirlwind of relentless and disruptive change which leaves governments helpless and leaves a trail of economic, social, cultural and environmental problem in its wakes. My own interpretation of globalisation is that: Globalisation is the marginalisation of the underdeveloped economies by the developed economies for their self sustainability purposes. 1.2 Research Question Has the economic integration and trade liberalisation of Nigeria by IMF enhanced its economic development? 1.3 Research Issue This question has contested several evoking and vigorous answers- following the ambiguities and contradictions of the IMF concepts that have riddled its purpose, and has therefore, created an enormous uncertainty and complexity which evidently is raising new anxieties and threats to human security and development especially in underdeveloped economies. 1.4 Research Objective The objective of this term paper is to analyse some economic indictors such as GDP, inflation and other economic variables from these secondary data to see if the integration and trade liberalisation of Nigeria by IMF has enhance the economic development of Nigeria or rather distorted its development. 1.5 Paper Design There are about six different research designs (Philosophical, Literature review, and Case study, Survey, Evaluation and Experiment) but I will be choosing two among these six research designs. Philosophical: its often used to examine a research issue from another perspective because it is based on existing literature. Literature review: this design aim at summering data already collected for a particular topic. When data are qualitative, the analysis of this data can create new knowledge and perspectives on the matter previously put forward. 2. PROBLEM STATEMENT Nigeria, a country located at the trigger point of Africa and the envy of all African states was forecasted by economists to transcend ahead of most of the African states in her economic development to become the giant of Africa and the international economic trade centre such as Dubai, central Asia and China of today. These believe and forecasts were not just based on mere passive ideas but on concrete facts of the availability of natural resources, human resources and huge market base in Nigeria. With the boost in agriculture and earning top dollar from the exportation of black gold, Nigeria discovered oil; the money spinner, at Oloibiri in present Bayelsa state in 1956. Nigeria got her independence in 1960 and was seen as nature goes perfect blessed with good climate and vast fertile agricultural land almost twice the size of England with high human resource index and huge market base. With the abundant untapped natural resources, it was logical for anyone and not only economist to have thought that the involvement of economics experts such as the IMF and the World Bank in the running of Nigeria economy will accelerate its transition to attained socio-economic stability being that these institutions main goals and objectives are to provide avenues for proper allocation of resources, monitoring of balance of payment, evaluating and rendering technical assistance through economic Structural Adjustment Program (SAP). However, as the saying goes à ¢Ã¢â€š ¬Ã‚ ¦with great wealth comes greater problems. Today, the oil-rich Nigerian economy suffers from long hobbled political instability, corruption, inadequate infrastructure, and poor macroeconomic management. There is an acute growth in income poverty and worse of all, human poverty- this implies, the denial of choices and opportunities to live a tolerable life (United Nations, 1997) and the fundamental freedom of action and choice to influence key decision affecting their lives. Apart from oil, the strength of Nigeria economy lies in its rich agricultural resource base. From the 1980s agricultural productivity was recorded to be on constant declination due to abandonment for oil and that gave raise to rampant rural poverty. This has rendered the economy vulnerable to external shocks which emanates from the fluctuations in world oil prices and the rising of imports prices, therefore creating an external and internal imbalances. These imbalances manifested difficulty in balance of payment, unemployment and low utilisation capacity in all sectors, and deterioration in purchasing power. Between 1982 and 1994, the debt stock of Nigeria rose at an average rate of 17% which means, stock of external debt increased by a factor of 33 in 22 years aside from domestic debt (Iyoha, 1997). Today, Nigerias public debt is more than 75% of its GDP with the effective debt to export ratio being more than 200%. This ironically has shoot up Nigeria to be Africas biggest debtor with about $ 28.5billion to its external creditor and debt service payments of $3.3billion in 2002 alone and that is expected to be on constant rise (Debt Management Office, 2002). The growth rate of Nigeria external and domestic debt was 9.4% in 2002 against the GDP growth rate of 3.3% and the external growth rate of -6.7% with the average GDP per capita annual growth rate of -0.4%(CBN Annual Report, 2002). Figure : Growth Rate of GDP, Income Per Capital and Total Dept Source: CBN Statistical Bulletin 1999 and CBN Annual Reports and Statements of Accounts 2002 During the 1960s, Nigeria never observed double- digit inflation. By 1976, the inflation rate stood at 23%. It decreased to 11.8% in 1979 and gun shoot to 41% and 72.8% by 1989 and 1995 respectively which marked the early period of the IMF Structural Adjustment Programm (SAP). Trend of gross domestic product of Nigeria at market prices Table : Inflation, GDP and Exchange Rate Year Gross Domestic Product US Dollar Exchange Inflation Index (2000=100) Per Capita Income (as  % of USA) 1980 50,849 0.78 Naira 1.30 7.22 1985 98,619 2.83 Naira 3.20 1.87 1990 286,374 8.94 Naira 8.10 1.49 1995 1,928,642 54.36 Naira 56 1.28 2000 4,676,394 102.24 Naira 100 1.11 2005 14,894,454 131.01 Naira 207 1.96 For purchasing power parity comparisons, the US Dollar is exchanged at 150.00 Nigerian Naira only.(IMF) Based on the impact of inflation, the per capita GDP today remains lower than in 1960 when Nigeria declared independence. By 2005, Nigerias inflation rate was estimated to be 15.6 percent and the GDP was composed of the following sectors: agriculture, 26.8 percent; industry, 48.8 percent; and services, 24.4 percent. (NEEDS) It is to be observed in the first graph; the growth in GDP from 1970-1978 was recorded to be 3.1% annually and 1972 to 1973 was the oil boom era; there was a remarkable growth in GDP of approximately 6.2% annually. However, in the 1980s to the 90s, Nigeria started to have negative GDP growth rates. This period constitutes the Structural Adjustment Program and economic liberalisation in Nigeria by the IMF and since then the economic has responded to a 4.0% positive GDP growth rate. The aim of this paper is to analyse the impact of the structural Adjustment Programmes introduced by IFIs (IMF) through globalisation on economic development of the underdeveloped economies (Nigeria as case study). This will be by the application of two economic theories (dependency, liberal) and observation of the three economic development variables. The two economics theories will help to give more light on the analysis of the persistent poverty in the underdeveloped world, Nigeria especially, while the variables to demonstrate economic development. My choice of Nigeria as a case study is due to its idyllic background as a country of immense natural and human resources but 70% of its population live below the poverty line (World Bank). I will concentrate on IMF conditionality and its influence on the economic development of Nigeria. 3. LITERATURE REVIEW 3.1 Economic Development There are numerous definitions for economic development as there are people who practice it. Economic development means different things to different people, which today makes the definition of economic development harder than ever in a more concrete and salient terms. Gonà §alo L Fonsesca at the New School for Social Research defines economic development as the analysis of the economic development of nations. The University of Iowas Centre for International Finance and Development states that: Economic development or development is a term that economists, politicians, and others have used frequently in the 20th century. The concept, however, has been in existence in the West for centuries. Modernization, Westernization, and especially Industrialization are other terms people have used when discussing economic development. Although no one is sure where the concept originated, most people agree that development is closely bound up with the evolution of capitalism and the demise of feudalism. From other perspective, economic development involves the allocation of scarce resources land, labour, capitol and entrepreneurship in ways which has positive effect on the level of business activity, employment, income distribution patterns, and fiscal solvency. 3.1.1 The Imperative of Economic development Professor Dudley Seers argues development is about outcomes and development occurs with the reduction and elimination of poverty, inequality and unemployment within a growing economy. The 21st century view of development encompasses a countrys consensus to achieve sustainable growth, poverty reduction, gender equality, human development, environmental protection, institutional transformation and human right protection. To put it concisely, development is the ultimate aspiration of modern economies, it is the upward movement of a countrys entire social system. More to the point, development is the removal of any host of undesirable condition that may perpetrate a state of underdevelopment. Economic growth is a prerequisite for economic development. Facilitating increase in the output of major sectors of production of the economy, such as natural resource and manufacturing either by the improvement of the structural system such as technology, will lead to economic growth. (Todaro, 1994) Kuznets (1971) defined economic growth as a long term rise in capacity to supply increasingly diverse economic goods to its population; this growing capacity is based on advancing technology and the institutional and ideological adjustments that it demands The obstacle facing most of these developing countries is the ability to create a more conducive atmosphere for essential use and harnessing of economic resources. The obstacle has increase anxiety by the increase of economic liberalism that promotes free movement of capital that tends to undermine and marginalise indolent economies. This interdependent global economic dispensation has given rise to disparities among countries of the world on the attainment of economic growth. 3.1.2 Growth versus Development However, before I go further, I will like to state that; there is a considerable difference between economic growth and development. I may just frankly state that, economic development is a terminology used to refer to the underdeveloped countries and while economic growth refers to the developed countries. Economists Peter Bearse and Roger Vaughan write that: Development is a qualitative change, which entails changes in the structural system of the economy, including innovations in institutions, behaviours, and technologies which enhance growth, While Growth is a quantitative change in the scale of the economy in terms of investment, output, consumption, and income Amartya Sen state that: Development requires the removal of major sources of poverty as well as tyranny, poor economic opportunities as well as systematic social deprivation neglect of public facilities as well as intolerance or over activity of repressive statesà ¢Ã¢â€š ¬Ã‚ ¦. Hence, on one hand, economic development can not be achieve without growth because it can be conceived as a multi-Dimensional process or phenomena-increase in per capital income, increase in GNP and improve living standard of the population but, on the other hand, growth is possible without development for the mere fact that it is measured as the increase in GNP, it does not have any other parameter. 3.1.3 Historical development of the term To continue it will be necessary to show how this term economic development has evolved over time to include a wider variety of variables and not just focus on economic growth. Economic development is a term conceptualised as a branch of economics in the early 20th century in reverence to growth and industrialisation in the capitalist society by the classical school of economics. However, this school of thought did not put to consideration countries like Africa, Latin America and Asia but rather an opposite reflection of the developed world that will catch up in time. (History of Economic thought, 2008) Economists after the World War II become more concerned about the low standard of living in so many countries, especially due to decolonisation. The aim of the term changed to include not only the Western world but also the less developed which in fact made most of the population of the globe. Therefore, important reservations were made as opposed to the ultimate objective of the study of economics to include other variable rather than only economic growth. With fast change in the political geography of the world, the need for the formation of supranational bodies (IMF, OECD and World Bank) that would oversee the smooth progress of the developing nations became necessary. The responsibilities of these institutions are to work hand-in-hand with the local government of the underdeveloped nations to sustain and accelerate growth speeding up progress of economic development of these nations. Many believed that economic development started as capitalism but as time went by and changes occurred, the term shifted from capital oriented concept to identify human capital endowments developed by Schultz (1951) as the primary obstacle to the realization of the potential economies of scale inherent in the industrialization of developing countries. Singer (1964) contributed further more to this social development by including health and fertility into the picture. Incorporating elimination of poverty, inequality and unemployment in the equation by Dudley Seers (1969) gave a notable change in defining the term economic development By 1977 Seers developed a structuralised theory which included social development and economic growth to the overall definition of economic development. As of this point, reservations were made for the third world countries because of the distinctive characteristic that differentiated them from the western countries. Later on, privatisation was introduced such as foreign MNCs as a factor in the economic development of least developed countries (LDCs) by the Neo-Liberals in the 1980s. (History of Economic Thought, 2008) Definition of Economic Development I decided to put a definition of Economic Development that would best fit my analysis of a third world country. Economic development is the fundamental process of increasing the factors of productive capacity- land, labour, capital, and technology -through sustainable growth from a simple, low-income to a modern high-income national, state or local economy. Its scope includes the process and policies of using its resources and powers to reduce the risks and costs which could inhibit investment but improves the economic, political and social well-being of its peoples. 3.2 Economic Theories The crisis facing the underdeveloped countries can not be accurately and properly analysed without the examination of some theories underpinning the problem. These crises have triggered scholar and writers with different theories, explanations and research projects aimed at solving and bringing to light the causes and complexities surrounding these crises. (Baran, 1957, Frank, 1971) maintained that dependency theory is the best for understanding the causes of the crises. While others argue that development theory (Rostowe, 1960) or economic explanations (Offiong, 1980) give a more lucid view. Yet, there are others who contended that political explanations (Migdal, 1988) or the liberal theory (Burchil, 1996) is of most important. For the purpose of this paper, I will consider the dependency and liberal economic theories 3.2.1 Dependency theory The economy of Nigeria is in doldrums from the recent pandemic crisis of capitalism. Though it has always been a battered economy which has been suffering from a form of Dutch Disease socio-economic hardship and where the poor masses benefited nothing from the boom in the annals of Nigeria. Nigerians naively thought that for not being fully integrated into the world economy, they could at worst receive a mere scratch from this contagious capitalism crisis. However, this economic maelstrom was made truly global by globalisation. Andre Gunder Frank, one of the earliest dependency theorists, made it quite clear on this point, historical research demonstrates that contemporary underdevelopment is in large part the historical product of past and continuing economic and other relations between the satellite underdeveloped and the now developed metropolitan countries. Furthermore, these relations are an essential part of the capitalist system on a world scale as a whole.(Andre Gunder Frank, The Development of Underdevelopment, in James D. Cockcroft, Andre Gunder Frank, and Dale Johnson, eds., Dependence and Underdevelopment. Garden City, New York: Anchor Books, 1972, p). 3. This view shows that capitalism promotes greed and blind pursuit of profit. The enforcement of international division of labour is the one proof but the most explicit manifestation of this doctrine is the Comparative Advantage characteristic. This division of labour (dependent and dominant states) is largely responsible for the underdevelopment of large areas of the world. The osmotic act that occurs in this system provides at large an ultimate explanation for the persistence of poverty in these areas of the world. The dependent states are made to supply cheap minerals, agricultural commodities, and cheap labour and these economies also serve as the repositories of surplus capital, obsolescent technologies and manufactured goods. This flow of goods, money and service into the dependent states are considered functions which orient these economies towards the outside. However, these dependent states have little or no influence to determine the allocation of their resources; it is rathe r determined by the economic interests of the dominant states. This division is considered by the capitalist a necessity for efficient allocation of resources. Dependency theory can be an explanation of economic development of a state in term of the external influences (political, economic, and cultural) on national development policies. (Osvaldo Sunkel, The Journal of Development Studies, Vol. 6, no. 1, October 1969, p. 23) Dependency can be define with emphasis on historical dimension asà ¢Ã¢â€š ¬Ã‚ ¦ an historical condition which shapes a certain structure of the world economic such that it favours some countries (Dominant states) on the detriment of others(dependent) and therefore limits the development possibilities of the subordinate economics. This a situation which the economy of a certain group of countries is put under unfavourable condition by the development and expansion of another economy, to which their own is subjected. (Theotonio Dos Santos, Readings in U.S. Imperialism, 1971, p. 226) However, there are serious disagreements among the various strains of dependency theorists. Although there are some core propositions which seem to underlie the analyses of most dependency theorist, nonetheless there are vigorous and challenging debates among the liberal reformers (Prebisch), the Marxists (Andre Gunder Frank), and the world theorists (Waller Stein) on the dependency theory. 3.2.1.1 The Core Propositions of Dependency Theory There are contestable numbers of propositions, which form the core of dependency theory. I will take two out of these numerous propositions because the suit my paper: 1. Underdevelopment is a condition fundamentally different from undevelopment. The latter term simply refers to a condition in which resources are not being used, while Underdevelopment refers to a situation in which resources are being actively used, but used in a way which benefits dominant states and not the poorer states in which the resources are found. 2. The distinction between underdevelopment and undevelopment places the LDCs countries of the world in a profoundly different historical context such as behind or catching up to the developed countries of the world. 3.2.2 Liberal Economic Theory Capitalism has failed to develop Nigeria, despite it huge natural and human resources. The Nigerians with necessary lesson incur from capitalism needed an alternative for economic -oriented revolution. The neo-liberal saw this as an opportunity to present itself as an economic alternative system for Nigeria and Africa as a whole. Since then, Nigeria has been compelled to swallow one economic prescription after the other such as IMF and World Bank imposed reforms; SAP (Structural Adjustment Program), PRSP (Poverty Reduction Strategy Papers) etc. and now NEEDS (National Economic Empowerment and Development Strategy), yet poverty still persist. The World Banks seminal report title: Sub -Sahara Africa (1999) signified an ideology that retain both emphasis upon domestic sources of economic malaise and the faith in liberal economic policies which has a twin resemblance to belated centrality of state and accountable government to sustained the capitalist development.(Sandbrook, 1993:2) This report claim that Africa needs not only good governance but better governments that will concentrate more on trade liberalisation and not on direct intervention. Hence, a proposal of the conversion of the monopolistic Africa states by IMF and World Bank into liberal democracies linked to enlarge and rejuvenated private sector and to build a reformed states institutional capacity are formulations of neo-liberal capitalist to teach poor nations the good old fashion fiscal discipline. To say in a clear statement, liberal economic theory is manoeuvre of the western capitalist to have continuous clutch on the underdeveloped countries championed by the Financial Institutions (IFIs). The major argument is that economic liberalization has provided the flow of foreign investment into the underdeveloped countries, as the means of reducing trade and exchange restrictions. This idea was that in the process of homogenizing the political economy of every member states of the international community, the creation of a market society on a global scale is achieved (Biersteker, 1993). Professor Mason Gaffney, a renowned America economist stated that the neo-classical economics present us with choices often too hard a dilemma. According to him, these dilemmas are choices of sacrifices that are not favourable for government to undertake and at the same time developed. For efficiency, government must sacrifice equity; to attract business government must lower taxes so much as to cause the closure of libraries and starve the schools; to prevent inflation government must keep a huge unfortunates rate of unemployment; to make jobs government must chew up land and pollute the world; to motivate workers there must be unequal wealth distribution and so on. These dilemmas have provided the solid reasons that contribute to the present poverty in the underdeveloped countries and these are by imposition of free market strictures on the underdeveloped countries by the powerful trans -national bodies (IFIs) which personify free trade liberalism as part of their governing ideology. They lock peripheral states into agreement which forces them to lower their protective barriers thereby preventing the underdeveloped nations from developing trade profiles which diverge from the model dictated by their supposed comparative advantage. Burchill et al, (1996) stated that; the IMF and the World Bank for example, are responsible for the provision of finance assistance(or more accurately debt) to underdeveloped societies upon