Economic Integration - 3700 Words

An economic integration, established on global, continental or regional level, is not a newborn phenomenon. Ever since the voyages of Marco Polo in 1260, (Latham, 1958) the collaboration and integration of world economies- through trade, movements of factors of production and transmission of economically effective knowledge and technology- has been continuously increasing. (Masson, 2000) The overall process of globalisation and economic integration has been in most cases globally beneficial, but alongside winners it had also created losers, and the progression of economic integration has neither always advanced smoothly nor has it been advantageous to all whom it had affected. The ideas and their implementation leading towards greater†¦show more content†¦(Dearden McDonald, 2005) Suranovic emphasizes the importance of effectiveness of communication between all integrated countries and also focuses his attention on the coordination of their trade, fiscal and monetary policie s. (Suranovic, 1998) Tinbergen in his ‘International Economic Integration’ recognized two integrational dimensions and identified them as negative and positive. Negative integration, generally less complicated to reach than the positive, eradicates the measures used by states to obstruct the free flow of economic resources between integrated countries, while the positive integration involves alteration of already existing economic and political instruments and permits international markets to operate more effectively. (Tinbergen, 1965) Example of implementation of the negative dimension could be found in the early stages of the European Union, which, by employing the positive approach, reached the ‘higher’ levels of the economic integration. (Banchoff Smith, 1999) It is very seldom that countries involved in the process of integration actually follow a certain pattern, (Holden, 2003) however, there are several formally recognisable phases ofShow MoreRelatedEffect of Asean Econo mic Integration1958 Words   |  8 PagesASEAN: The integration effect Author:  Tim Burroughs Asian Venture Capital Journal | 12 Jul 2012 | 13:03   Tags:  Asian development bank  |  Axiom asia private capital  |Southeast asia The Association of Southeast Asian Nations is gradually bringing the region’s economies closer together. Private equity investors stand to benefit but not all businesses are suited to cross-border expansion The trouble-hit euro zone is hardly a poster child for regional economic integration, but it has yet to dent similarRead MoreThe Pattern And Content Of East Asian Economic Integration783 Words   |  4 Pages4.1.1. The Pattern and Content of East Asian Economic Integration The most representative regional economic organization in East Asia is ASEAN, which was established in Bangkok and formed by five founding members, Indonesia, Malaysia, Philippines, Singapore, and Thailand. Brunei, Laos, Myanmar, Vietnam and Cambodia also joined successively to form the ten countries of ASEAN. ASEAN is abbreviated by Association of Southeast Asian Nations, which was built to contain the Communist forces with the purposeRead MoreThe Economic Integration And Industrialisation Essay1916 Words   |  8 Pagesindividuals economic, political and social status (Nayyar 2013, pp. 41). These are the developed and developing world, concepts that have only originated in the last 150 years, which can be characterised by their success in global economic integration and industrialisation (Nayyar 2013, pp. 41). Globalisation has led to an increasingly connected and global economy, contributing to these often polar areas of the world. The capitalist ideology has been a driving force in shifting economics to a globalRead MoreEffects of Economic Globalization and Integration1397 Words   |  6 PagesEconomic globalization and economic integration have long been thought to reduce the probability of conflict and war based on neoliberal institutionalist theory, complex interdependence theory, and World Systems theory. At first thought, it is plausible why one might agree with the claim. Yet the claim itself cannot procure such black-and-white answers when it combines conflict and war; two separate terms. Political scientists have long been in conversation with one another on the topic, from theRead MoreIntegration and Managing Economic Activity Essay505 Words   |  3 PagesIntegration and Managing Economic Activity Does increased integration, particularly in the financial sphere make it more difficult for governments to manage economic activity, for instance by limiting governments choices of tax rates and tax systems, or their freedom of action on monetary or exchange rate policies? If it is assumed that countries aim to achieve sustainable growth, low inflation and social progress, then the evidence of the past 50 years is that globalization contributesRead MoreEconomic Globalization Is The Growing Integration Of World Markets1696 Words   |  7 PagesEconomic globalization is the growing integration of world markets and the intensifying interdependence of global economies. The process has social and economic costs as well as benefits. The process is both critiqued and lauded by scholars. On one hand it provides opportunities and growth while on the other hand it creates an unequal distribution of wealth also while hurting workers rights. At the conclusion of World War II, Harry White and John Maynard Keynes aimed to create a financialRead MoreEconomic Integration and Global Markets to Uk Business Organizations1735 Words   |  7 Pagestrade----------------------------3 The importance of international trade---------------------3 Economic integration and global markets to UK business organizations-----------------------------------------4 The impact of two policies of the European Union on UK business organizations------------------------------------5 The impact of fiscal policies on the UK business------------5 The impact of monetary policy on the UK business---------6 The economic implications for the UK of entry into EMU--------------------------------------------------------------------6Read MoreGlobalization : The Economic And Financial Integration Of Economies Around The Globe1369 Words   |  6 Pagesmeasures of economic activity going in the world economy. For the worldwide economy to be existing a rising share of the financial actions occurring between countries to country who live in distinctive nations. It can involve trade, investments, production labour and also viewing its economic situations in nations and between nations. Globalisation has similar content as global market but it is more abroad. Globalization can be considered as the growing economic and financial integration of economiesRead MoreGlobal Economic Integration And International Integration1456 Words   |  6 Pagesâ€Å"An increasingly important feature of global economic integration is trade in intermediate inputs associated with the fragmentation of production acr oss national borders.† In recent years as production processes have become more disintegrated into smaller pieces done in different locations, this process has appeared in the literature of international trade in several forms such as globalization, outsourcing, and international integration. The section 1 of the work will analyze how significant theRead MoreGlobalization Is A Process Of Interaction And Integration Among The People, Economics And Government Of Different Countries1329 Words   |  6 Pagesprocess of interaction and integration among the people, economics and government of different nationalities. Globalization is not new, over thousands of years; globalization has progressed through travel, migration and the spread of culture. Globalization has many effects on the world today. Globalization has an overwhelmingly positive impact to most countries in terms of economy, political and cultural. Economic globalization is a worldwide phenomenon where countries economic situations depend significantly

Father LaTour as the Hero in Death Comes for the...

Father LaTour as the Hero in Death Comes for the Archbishop In Willa Cathers Death Comes for the Archbishop, the heroic ideal whose definition began with Moby-Dick is again viewed. Father LaTour is clearly seen as having an elevated status, concern and understanding for the people, and a desire to make a lasting mark on the land that becomes his home. These characteristics were seen in differing ways in both Ahab and Jo in Little Women. In The Red Badge of Courage, the concept of courage in the hero was addressed. This quality too is seen in Father LaTour. Father Vaillant also displays many of these characteristics. Both priests are fully consecrated, they just live it out differently. They have committed themselves to†¦show more content†¦These qualifications include a love of God and His church, a strong intellectual background which enables him to deal with the church hierarchy, the social training to fit comfortably with the social elite he encounters, but also a compassionate nature which equips him to deal with the peasants who populate his diocese. Father LaTours leadership is also portrayed through the way people turn to him for guidance. Without his leading, Father Vaillant never would have made it to the mission field as is revealed through Father Vaillants vacillation as a youth first contemplating leaving home for missionary service. Although Cather does not tell a great deal about Father LaTours service as an active entity, his action is revealed through the reaction of the different people to him. He has earned the respect of his servants, the well-to-do in his community, the poor Mexicans and Indians in his community, and his peers. Father LaTour is defined by how he reacts to others and how they react to him. He earns their respect and that is a response that is not given lightly. The Bishop kept his word . . . (Cather 132). In these few words much of the respect Father LaTour received from all people everywhere is explained. When Jacinto takes Father LaTour to the secret cave, he demonstrates complete trust in the priests character. Jacinto recognizes that Father LaTour has a respect for the people that will cause him in turn to respect one of their holy places and that

A Study On Seismic Wave - 4065 Words

CHAPTER -2 REVIEW OF LITRETURE 2.1 Introduction Most of today’s producing naturally fractured reservoirs were discovered accidentally, they were found by somebody who are looking for some other type of reservoir. Significant volume of hydrocarbon resides in these reservoirs. But these are abandoned particularly in fields because improper testing and evolution or because the wells did not intersect the natural fractures (Aguilera, 1998). Attempts have been made to quantify properties of such reservoir (Chaki et al., 2014). It has been long recognized that the presence of naturally occurring fracture network can lead to unpredictable heterogeneity and anisotropy within many reservoirs. In past geophysicists acquired and processed P-wave reflection data at short offset, which automatically implied relatively small angular ray coverage. So seismic anisotropy, which is defined as directional dependence of elastic properties of earth remains unnoticed. But with the advance of methodologies, acquiring long offset and multi-compone nt data become feasible and cost effective, anisotropy showed up. Seismic wave propagation in heterogeneous medium is discussed by Chabak et al., 2012. On a smaller scale, stresses in the Earth can cause rock to fracture in a consistent manner. If these fractures are aligned, the rock will be anisotropic with the fast direction parallel to the fractures and the slow direction perpendicular to them. In ideal cases, these observations can provideShow MoreRelatedA Study On Seismic Waves1888 Words   |  8 Pagesabout Seismic waves in relation to Earthquakes. In other words, we’ll be looking at Seismology, which is the study of the passage of elastic waves through the Earth. Seismic waves are waves of energy caused by the sudden breaking of rock within the earth or an explosion; these waves are the energy that is transmitted through the earth which is recorded on seismographs, which measures, amplifies, and records the motion of the ground (Endsley, 2016). Many different processes generate seismic waves, includingRead MoreThe 3d Seismic Survey Of East Godavari Mangrove Area1336 Words   |  6 PagesThe 3D seismic survey in East Godavari mangrove area has short-term effects on the environment. The surveyed area includes the main six reserved mangrove patches in East coast of India and the process of lying of geophones cables and shoot hole drilling for 3D seismic exploration may lead to the destruction of habitat through clearing the vegetation. Primary sources of disturbances associated with exploration include equipment transportation inside the mangrove, vehicle traffic, shot hole drillingRead MoreEarthquake Literature Review911 Words   |  4 Pages energy causes the seismic waves that make the ground shake. When two blocks of rock or two plates are rubbing against each other, they stick a little. They don’t just slide smoothly; the rocks catch on each other. II. Earthquakes Recordings Earthquakes are recorded by instruments called seismometers, also know as seismograph. These instruments measure the motions of the ground generated by earthquakes, explosions and other seismic sources. TheRead MoreThe Effects Of Seismic Surveys On Fauna1144 Words   |  5 PagesThe present study monitored the direct and indirect Impacts of seismic surveys on fauna of the mangrove using Birds Insects, Crabs, Reptiles and fishes as representative taxa. During the 3D seismic survey, tools, labour and machineries were used inside the mangrove forests. Major sources of faunal impacts observed during the seismic survey operations were from, 1) Physical presence and movement of the labour and machinery within the forest and 2) Noise and vibration generated from shooting (undergroundRead MoreA Brief Note On Seismic Hazard Analysis On The Event Of A Disastrous Seismic Event1225 Words   |  5 PagesSummary of proposed research Seismic hazard analysis is an important tool in mitigating risks in the event of a disastrous seismic event like an earthquake. This can be done by studying the behaviour of the soil in locations that are within seismically active regions using several geophysical methods. This project employs the use the cost-effective microtremor method in studying the site response in Kathmandu, Nepal, following the April 25, 2015 M7.8 Gorkha. Analysis of the field data will yieldRead MoreElectrical Design And Seismic Design Codes Essay1196 Words   |  5 Pages FACULTY OF SCIENCE, ENGINEERING COMPUTING School of Civil Engineering Construction BEng (Hons) Degree in Civil Engineering A Study of Seismic Design and Seismic Design Codes Interim Report Syed Bahrami K1355168 Supervisor Dr Hamid Jahromi Abstract Earthquake engineering is a subject where a person can be overwhelmed with information but still crave for knowledge due to its unpredictable nature. Earthquakes are a natural repetitive occurrence on planet earth, whichRead MoreApplication Of An Aid For Hc Exploration1723 Words   |  7 Pagesexample of aki richards approximation results and conclusions (10-12) results for different methods in class 1 to 4 type sands conclusions Abstract Amplitude-versus-Offset (AVO) inversion has been used to invert seismic reflection data to identify gas bearing sands. There are a number of relations which have been proposed to do this inversion. These relations have been derived from the basic Zoeppritz equations which are nonlinear. In order to be efficiently incorporatedRead MoreSudden and Violent Shifting of Tectonic Plates Cause Earthquakes929 Words   |  4 PagesEarthquakes are a natural phenomena caused by the violent and sudden shifting of plates along tectonic boundaries. Movement of tectonic plates releases stored energy producing seismic waves, which travel through the solid rock of the upper layers of the earth’s crust. Earthquakes occur along belts, circum-Pacific or Alpine, located near the edges of tectonic plates. Energy released by the interaction between two plates can produce severe damage to the surrounding environment. Earthquakes occur alongRead MoreMy Experience On My Life1719 Words   |  7 Pagesplates meet is a hot zone of seismic and volcanic activity. As you can imagine a large amount of tension is created where plates rub, subduct, or separate as the plates get caught on each other and eventually build up stress. Earthquakes happen when this stress releases, or when a sudden shift on the fault line occurs. The place where the movement takes place is known as the focus. This is where a large amount of energy is released in the form of a series of seismic waves (Earthquake). There are twoRead MoreThe Chile Of Peru And Chile1149 Words   |  5 Pagesthat happen due to human cause or are a direct result of a natural event. As a whole, the Peru-Chile Trench has had a huge effect on both timelines, as there are two massive tectonic plates, one being subducted in an ocean. Therefore, there are many seismic events that have taken place on our geologic timeline and at the same time shaped our his toric timeline. The most recent large-scale earthquake along the Peru-Chile Plate was the 16 September earthquake, which happened in 2015. It measured an M 8

Obama and the Economy Essay Example For Students

Obama and the Economy Essay Upon the issuing of President Obama’s budget for fiscal year 2012, the nation will again endure a heated debate between the country’s two political parties. Author Robert Reich, analyzes the content and motives that the budget entails within his piece entitled The Obama Budget. Reich does not directly identify with a specific political party, or side of this partisan argument. This ambiguity becomes important to the reader’s interpretation of his ideas and the eventual understanding of his arguments. However, the author’s lack of clarity becomes less frequent as the paper progresses. In the second half of the paper, Reich’s personal beliefs in terms of the future budget become more prominent. The author’s assumptions and predictions with respects to the budget’s reception are evident throughout the piece, while also maintaining attention to impacts on inequality and governmental power. The left-right spectrum as outlined by Eric Foner can be applied to Reich’s essay and seen throughout its entirety. Similarly, the up-down relationship of governmental power is also discussed. These discussions enable the reader to loosely envision the location of Reich’s political ideas on the intersecting spectrums. In a fairly brief essay, Robert Reich manages to outline an entire argument and unintentionally speculate ideas of political partisanship and the ideologies that construct political parties, using the newly proposed federal budget, while providing personal insight and advice. In modern politics, media news reports and opinion-editorial pieces generically obtain heavily opinionated and bias thoughts. However, Reich does not merely address the proposed federal government as fuel to his fire, but analyzes the impacts of the budget on th. .dget are, political debates are inevitable. Robert Reich’s goal is to recognize the root of these debates. Additionally, the reader is subjected to identify the uselessness of past methods used in Washington. The text is intended to provide a reasonable solution with which will prove to be a politically-centered approach of decision-making. Of course, magnified analysis will place Reich differently on the political spectrums, but these placements are to be taken skepticism. Political disputes and biased thoughts are not effective in directing the economy on an ideal path. Independence, non-partisanship and flexibility will help bring light to the end of the dark economic turmoil tunnel. Works CitedReich, Robert. The Obama Budget: And Why the Coming Debate over Spending Cuts Has Nothing to do With Reviving the Economy. Robert Reich. (2011): 1-3. Print.