Natural Disasters And Natural Changes Economics Essay

Natural Disasters And Natural Changes Economics Essay Natural disasters are the effects which are caused by natural changes in the Earth resulting in greater loss or damage to the lives of people and environment. The impacts of natural disasters currently show that is the major hindering of the economic growth in the World. The process of reconstruction after the damage caused by the natural disaster is cost fully and sometime it is unrenewable, like death of people. Also people looking for survive and no more production in the affected area. These effects cause great impacts in the global economy on the World. 1.2. Aim The aim of this report is to evaluate the effect of natural disaster, such as Japan Earthquake and Sichuan Earthquake on global economy on the World. The disaster causes an economic growth to slow by destructing the major industries and productive areas in Japan and China. But, the report shows that, the Japans Earthquake causes largest economic impacts on the World scale than Sichuan Earthquake. 1.3. Scope This report focuses on global economic impacts on the World caused by these Earthquakes. The major areas affected are industries, export and import trading, oil sector and agriculture sector. 2.0. JAPAN EARTHQUAKE 2.1. Background The Japan Earthquake occurred on March 11, 2011. It measured 8.9 on the Richter scale, and it is the biggest country earthquake and seventh largest on record since began (smh.com.au, march 11, 2011).The major areas affected are Sendai, Ichihara, Fukushima, Onagawa, Ofunato, and Kesennuma.This phenomena causes negative impacts on global economy. Furthermore, it depresses the production from the factories and cause derails on global economy. 2.2. Global Economic Impacts 2.2.1. Death of people People are the main source of labour in the World. This research shows that, about 7,300 people are confirmed dead and nearly 11,000 missing (Sawer, P Cooper 2011). Labour force are important for increasing production in a country, Meanwhile; after this catastrophe, people looking for surviving and no more production of goods made in Industries, Therefore, causes the country to contribute less demand of product global and disrupt other Industries in the World which depend on importation of manufactured goods from Japan. For example Japan exports spare part of cars and semiconductor to USA (Beckman, K 2011). 2.2.2. Damage of Infrastructure Infrastructure is the important for the National development globally and domestically. The damage made on infrastructure is quite make difficulties on growth of economy. The time it takes for infrastructure to rebuild after the effect of earthquake take several days and needs more money. Although the area damaged covers small part in Northern Japan, but it is unavoidable disrupting the economy, because it cause some companies to suspend their services from northern and eastern part of Japan, like delivery company Boeings 787 Dreamliner (Xu, S 2011).This damage of Infrastructure causes the decrease of GDP and stopping or delaying in the contributing in the global development projects. 2.2.3. Damage on Nuclear Reactor Due to closing of the nuclear reactors, which is the main source of power, the economic effect due to this disaster is expected to be huge because many Industries are depending on it. After this disaster, Japan closes their steel mills Industries which are causes the increase of the price of steel in the World and reducing the consumption of iron ore in large amount (Oliver, S 2011). Japans strongest earthquake raises global demand for natural gas, coal and oil products in order to replace the power generated by the closed damaged nuclear reactors (Beckman 2011). Therefore, the disaster shocks the global market. 2.2.4. Export and Import Trade Import and export of goods from Japan and other countries are rarely decreased due to this disaster. China imports metal, and auto parts and electronics from Japan and exports crude oil, and coal to Japan. But due to disruption of economy caused by this earthquake, Japan reduced the order of commodities from other countries. This circumstance affects the International business on global market. 2.2.5. Fall in Gross Domestic Product (GDP) Japans earthquake steep declined Japans economy. The GDP fell by 8.6 per cent. This falling may cause greater negative impact on trade with other countries. Japan runs many projects worldwide to support other countries in development. For example; JICA money to support India-Project may be delayed due to fall in GDP (Panda, R 2011). Delaying on the completion of project on time gives back the growth of economy in the World. 2.2.6. Closing of Factories. The major factories which affected are Toyota Motor Corporation, Nissan Motor Co, Cosmo Oil Co (oil refinery), Fuji Heavy Industries Ltd (Maker of Subaru cars and aircraft), Mitsui Mining and Smelting Co (zinc smelter), Panasonic Corp (producing audio products and digital cameras), Tokyo Electric Power Co (nuclear plant automatically shut), and Tokyo Gas Co. These are the giant companies on the World for delivering output in the World. Example, Toyota produces 420,000 of small cars for export per annually. (Webb, T 2011). Therefore, the products in the global market were decreased and have been more affected by this earthquake. 3.0. SICHUAN EARTHQUAKE 3.1. Background This quake occurred on 12 May 2008. The main cities affected are Beichuan, Dujiangyan, Shifang, Mianzhu, Juyuan, Jiangyou, Miangyang, Chengdu, Qionglai and Deyang (Tu, J 2008). The earthquake measured 7.8 on the Richter scale and enclosed largely to the mountainous areas of Sichuan province, leaving the important area for industrial centers undamaged (Chan, J 2008). Sichuan province contributes about 4% of the total China Gross Domestic Product (GDP) and only contributes 2.5 % of Chinas manufacturing product. (Chan, J 2008).Therefore, the Sichuan earthquake contribute a small relative impacts on global economy on the World. 3.2. Global Economic Impacts 3.2.1 Industries Closed The number of Industries closed was about 14,207. This effect deteriorated production of the countrys economy. China is one of the major producers of agriculture equipment on the World. (Chan, J 2008). Thus, this earthquake disaster is lowering the global economy on agriculture sector from countries which import agriculture machine from China. 3.2.2 Hydropower The Sichuan is the common regions for hydropower generation in China (Chan, J 2008). The hydropower situated in Sichuan province were cut off to produce the power to the national grid, this causing some Industries to close its operation due to shorted of power and hence the GDP slow down. The exportation of commodities produced by these Industries was not sufficient to meet the demand of the world. 3.2.3 Industries Labour Sichuan province is a largest provider of the cheap labour force; it provides about 20 million migrant labours to the rest of the regions of China (Chan, J 2008). These numbers of migrant labours, if they turn back to their home in order to increase the effort in reconstruction of the area which was damaged by the earthquake, it will increase labours deficit in other parts in China. This situation, will increase the pressure for wage payment and retarding the China economy and the World economy in general. 3.2.4 Price of the Commodities The Sichuan disaster causes the rise of global prices of commodities. Crude oil prices in United States went beyond $130 per barrel after the effect of the earthquake, this is due to China is the second worlds largest consumer of oil, Japan is also affected by this earthquake; it imports 90% of metallic silicon, a material used to make semiconductors and solar cells. Most of the silicon comes from Sichuan province. The price rose from the pre-quake level of $US2,300 per ton to $2,500. And it is possible the price could rise to $3,000 due to shortages of commodity (Chan, J 2008). 3.2.5 Energy Infrastructure The Sichuan Province is reach in hydro power, coal and natural gases production, it produce 71.2% of hydropower, 27.3% of coal, and 1.5% of natural gases (Fogarty M, 2011). The damage of energy infrastructure during the earthquake is likely holding back the enthusiasm of energy production. Decrease in production of energy causes the industries to slow up the production of goods. This causes them to affect the global economy 4.0 CONCLUSION The Japan Earthquake causes greater global economic impacts compared to the Sichuan Earthquake. The Sichuan Earthquake contributes only 4.2 of the GDP of the China and causing the falling of 0.2 % of the economy growth in China. The Japan Earthquake hit the major area for industries; like Automakers Industries, Fuji heavy Industry, Sony, Nuclear reactors, which is the main source of power in many giant Industries, which result many industries to be closed, thus no production made. Also, this Earthquake causes a loss of $US 100 billion. This earthquake causes the oil price to fall by 3% because Japan stops importing oil from other countries and is the one of the Worlds largest importers of oil.Lastly, the earthquake decline in orders of coal, iron ore from Australia, which is the second largest trading partner. Therefore, Japan Earthquake has greater global economic effect than Sichuan Earthquake in China.

Descriptive Essays - The Horse Farm :: Descriptive Essay, Descriptive Writing

The Horse Farm I am jarred out of a relaxing sleep by a voice yelling my name in a loud whisper, and a light burning through my eyelids. Groggily, I open my eyes to see my father standing in the doorway to my messy room. He tells me that I need to get going, that it is 3:00 a.m., and I'm burning daylight. I find my clothes and get dressed. The whole time I wonder why I get up this early to visit the rugged outdoors. I want to go back to bed, but I know my dad will be back in to make sure I am getting ready, in a little bit. Instead, I put my boots and my wide-brimmed, black cowboy hat on, and walked out to catch the horses. The horses are all excited because it is dark and they are not that cooperative. My dad and I get them saddled and in the trailer, and go back into the house to get our lunch, water, and a cup of coffee. Now, we can head for the high country. It is still dark when we get there, so our horses are still very alert; they keep moving around and snorting with eyes wide and nostrils flared. I strap my pistol to my hips and tie the tip of the holster to my leg so it doesn't flop. We are ready to go, so I take a deep breath of the sharp, clean, mountain air and step into the saddle. As we ride along in the dark, I begin to relax. Man, I love the smell of cool mountain air; there is nothing in the world quite like it. It is so refreshing for me. As the sky begins to brighten to a gray, and the stars that were so brilliant just seconds ago begin to grow dim, my imagination starts to picture things moving that are really nothing but shadows in the trees. It is as if the shadows are racing around trying to find their owners before the sun peeks its gleaming face up over the horizon. A deer jumps from its bed, scaring the horses and pumping a quart of adrenaline through my system, as my pistol jumps to my hand. Once I realize it is just a deer, I put my pistol back in its holster. In the last seconds before the sun rises, the sky turns a soft blue.

The Good Old Days of the Internet :: Personal Narrative Essay Example

I read an essay about how the web has changed since the good old days. It talked about the beginning of weblogs (aka- blogs), how they used to represent something essential about the web... and now (of course) they've become so common (thanks to programs like Blogger), that their original purpose had been lost. Â   The essay talked about how people who discovered the web recently (like me I suppose), were missing out on the original spirit of the web because commercial sites had overrun everything, and we didn't have true web logs to point us towards the small, personal sites behind the billboards. And on and on... I had a hard time grasping the underlying point of the essay, besides the fact that it sounded like someone talking about how they heard That Band live, back when they were Cool, before they 'Sold Out'. But the idea that somehow the true spirit of the web was now compromised because of big commercial sites seemed a bit strange. Like somehow Nike.com was stealing the soul of geocities.com/my_neighborhood/my_weblog.html. That struck me as BS. Us poor newcomers are apparently being deprived of the 'true' web experience because of commercial sites. Â   I'd almost suggest just the opposite... the peculiar shifts that retail sales have had to undergo in order to do business on the internet have contributed as much to web culture as sites of cool underground links, or tributes to beloved deceased pets. Even the gawd-awful get-rich-quick auto-generated MLM sites and the horrid Free for All links pages are part of the culture of the web. And us newcomers, if we really take interest in this strange alternate universe, can find the odd, underground personal sites if we look. Â   To say that slick corporate sites are ruining the culture of the web would be like saying department stores like Macy's or Bloomingdale's ruined the culture of New York City. By god, NYC should have no commercial enterprise bigger than those those kitschy little kosher delis, family-owned New York pizza shops and Asian groceries. Anything bigger and slicker than that is an outrage. And NYC really has too many poeple now... all these newcomers just don't get it. Their clueless antics are ruining our city's culture. Those obnoxious street performers, and pushy three-card-monte scam artists! To say nothing of the homeless! How uncool are they? Â  

Application of the Top-Down Network Design Methodology

1. What are the business goals? (10 points) The goals of the business are to create a new network that could support the growing number of students at the campus and to create a way for off campus students to access the network.2. What are the business constraints? (10 points) The constraints on the company are that the budget consists of revenue from property taxes and a previously approved bond, so with the network now needing to be larger and more accessible the money from the bonds may not be enough to supplement the project.3. What are the technical goals? (10 points) The technical goals of the company are to:*Build a new IT wing for the administration building so that all of the servers can be centralized *Connect all of the buildings to the new IT wing *Provide wireless access to the students in their classrooms *Provide wireless access to students off campus *Provide a high-speed wireless connection for the faculty *Provide a centralized online backup for student and faculty documents *Replace the PBX based phone system with a new VoIP system4. What are the technical constraints? (10 points)The one big issue that is a technical constraint on the company is that due to the rising number of students, the school is planning on needing another campus location- which is expected to be about 15 miles away. Creating a wireless network for the new campus to connect to the original campus will cause issues when it is completed. While the new building has been approved for funding, the new addition on the network has not.5. Diagram the existing network. (10 points)6. Describe the existing network traffic. (10 points)7. Complete this table for all of the applications that currently run over the network. (10 points)

“Master Harold”…and the boys Essay

Essay on â€Å"Master Harold†Ã¢â‚¬ ¦and the boys Introduction   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Master Harold†¦and the boys is a play written Athol Fugard in early 1982 depicting apartheid in South Africa. Fugard wrote a number of novels, short story, and plays featuring political upheavals and especially apartheid in South Africa. In the book, he introduced friendship between whites and blacks where Sam, Willie, the blacks and Harry, a white interacts together in close friendship. He contradicted it with how racism could spoil friendship among friends, a factor that contributed to propagation of apartheid. Racism is the major theme of the play where Harry’s parent shows discrimination against blacks. Her mother discriminated her servants, Sam and Willie telling Harry not to spend most time with them. His father has been found most of the time drinking in whites place. Although, Harry, Willie, and Sam were in good relationship, his racism that has been instilled by his parents is evident and mostly torn them apart. Harry being raised by a racist family and in environment full of racism, he developed racial discrimination character that was evidenced when interacting with his fiends Sam and Willie.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Harry developed discriminatory personality from the fact that he was raised by racist facility. Harry’s mother was depicted as a racist in the play where she employed blacks as servants. They were poorly paid since she believed that they did not deserve good remunerations and good job. She was found refraining her son, Harry from interacting with them because they were black. These actions resulted to development of racism character in Harry. He sometimes addresses them as the boss despite Sam and Willie being older than him. Willie calls him â€Å"Master Harold† and in some instances demand Sam who was like his father to call him the same name. He did this from what he experienced from his parents.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Harry grew up in places where people were segregated in races with designated places for whites and blacks. In the book, the author wrote about different places that were marked for whites and blacks. Blacks were not allowed to interact with whites at certain areassince they were regarded as â€Å"whites only’† (Fugard 56). For example, when Sam made a kite for Harry, the author pointed out that he tied it to a seat labeled whites and since blacks not permitted to play there, they left Harry alone. In addition, when Harry’s father got drunks and was stack in white people pub, Harry had to seek permission in order for Sam to enter and pick his father. This was evidence that Harry grew up in a racism environment and thus ended up as a racism.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The effects of growing in a racism environments and with racists family was evident Harry broke an argument with same and spat on him. Harry lived with a drunkard father who was a racist. Since he grew up in this environment, he had developed a negative attitude about black. When Sam informed him about his father’s discharge from the hospital,â€Å"Harry spit on him† to release his anger of that fact that he did not want his father home (Fugard 56). He demanded to be called â€Å"Master Harold† by Sam because of his ego as white man. Although Sam had reacted on it, he was kept on toes by Willie who reminded him that Sam was just child who did not knew what he was doing. This evidenced that racial discrimination played a great role in creating enmity and violence during the apartheid era in South Africa. Conclusion   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Master Harold†¦and the boys was a play written by Fugard depicting how racism could be developed by down the family and interaction with the environments. Harry was brought up in a racist family and environments that advocated for racism. His mother refrained him interaction with Sam and Willie for their color backgrounds. Although Sam, Harry, and Willie grew up as friends for a long time despite their age differences, racial discrimination resulted in violence that was evidenced when Harry spat to Sam to relieve his anger of living with his father. This was a sign that Harry had developed racism from the environment he grew in. Hence, Fugard used literary work to address evils in the society, which can be explained by enactment of a number of legislation on apartheid after the play was published. References Fugard, Athol. â€Å"master Harold† and the Boys. New York: Vintage Books, 2009. Print. Source document

Australia’s Recent Economic Performance

The macroeconomic policies of a country are the most important policies and these policies play significant role in the economic growth of the company. These also decide the economic position of the country as well as decide the direction of the economy of the country. There are several different types of the macroeconomic policies and among them most important policies are fiscal policy, monetary policy as well as exchange rate policy (Barbieri and Pezzini, 2001). The fiscal policy of a country helps to allocate the budget of the country’s necessary development and other requisites. The monetary policies of the government help in allocating the fund in correct investment option so that the country can able to achieve the desirable economic growth. In addition to that the exchange rate policy helps the government to maintain the rate of domestic currency as compared to the standard international currency. In Australia the government put great emphasis on developing effective m acroeconomic policies in order to ensure the desirable high growth rate for the country (Brittle, 2010). This report is an attempt to analysis the macroeconomic policies of Australia, which help in improving the growth of the country.  Ã‚   The Australian Government has taken significant economic policies, which help the country to establish substantial growth for the country. The government of Australia has been at the front position for utilizing the fiscal policies in order to minimizing the macroeconomics effects of the financial crisis, which influence the global economy (De Menil, Portes and Sinn, 2008). The Australian Government can do so as the debt of the country is minute compared to the international standard. Even after many years of fiscal deficits, the net government debt is remaining lower than 10% of the GDP of the country. This compares positively with the debt ratio of the United Nations Government of around 70%. The country has implemented sustainable fiscal policies, that needs the debt of public does not enhance connecting to the GDP in long term. The gross domestic product of Australia has expanded up to 0.7% in December 2015, in comparison to upward revised 1.2% growth in previous quarter and the market consequences (Fender, 2012). The expenditure on consumption is positively contributed to the expansion, net exports and investment also contributed to the growth of GDP.   The growth of economy is around 3% by accelerating from the upward revised 2.8% in September quarter and thus beating the expectation. Therefore, it is considered to be the fastest growth since the third quarter of the year 2012. The growth rate of GDP in the country is around 0.88% from the year 1959 to 2015. The growth rate reached to 4.50% in the first quarter of the year 1976 and recorded low at the rate -2% in second quarter of the year 1974. The current economic performance of the country is good and is supported by high production level (Freebairn, 2003). It is also a significant contributor of the five sectors that is expected to drive the future global development: education, agribusiness, mining, wealth management, and tourism. The structural reforms of the government of Australia can face decade of deficits due to the increase in the spending on the older households. The repaying costs will fall on the younger households. The Australian GDP is seemed to be expanded for the last quarter of the year 2015 and it also seems to be upward rising in with the growth percentage of the 2.7 percent and thus the expectations are seemed to be fastening the expansions that are required for the proper enhancement of the resources for the utilisation of the resources in the Australia. The growth rate of the country Australia is enhanced at the third quarter of the 2012 whose GDP annual growth is seemed to be fastening the expansion of at the rate of the 9 percent. Thus the bureau of the statistics also shows the growth of the economy in the country of the Australia also helps in the development of the economy of the country of the Australia. Thus the country Australia’s national GDP seems to be increasing at the next year of second year of at the low interest rate of the GDP and thus it also shows the growth of the -3.50 percent which also helps in the creation of the statistics of the Australian Bureau of the statistics (Abs.gov.au, 2016). The structural ref orms of the government of Australia can face decade of deficits due to the increase in the spending on the older households. The repaying costs will fall on the younger households. Hence,   the Australian economic centre seems to be dominated by the services sectors and thus it also helps in the increment of the success of the of the other sectors including the mining sectors that are require for the proper enhancement of the percentage at the rate of 13.5 % and thus it also helps in showing the key developments in the commodity of the exports and the imports and thus it also helps in the proper increment   of the investments in   the infrastructural services for the proper enhancement of the sectors data. Thus the Australian GDP also shows the actual values of the Australian GDP shows the historical and the forecasting of the economic calendars that are related to the new releases of the year.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Therefore, it would be difficult for the government of Australia for next ten years (Tawadros, 2016). Therefore, the commonwealth government is funding to adopt and implement new policies. Apart from this, government of Australia is still to respond the scale of the budget challenges. These challenges are difficult to overcome as the government does not have enough funds to purchase the reform. The sustainability of economy depends on the government policies (Friedman, 2000). The policies implemented by the government are reducing the superannuation tax, changing the capital gain tax and the negative gearings,   introducing broad property levy and broadening the goods and service tax.   The country has significant economic policies, which help substantial economic growth of the country. The GDP of the country is stable from the last several years as well as improved substantially in last few years.   a). The companies providing incentive for work to the employees and innovation via reduction in organization and income tax might constrain the desired policy setting and outcomes. The strategies can affect the policy setting of the country (Relative fiscal capacities of the States 2006, 2006). The government can have a significance influence on incentives that affects investment, innovation and taking decisions whether the workforce should participate or not and all the drivers for development. The incentives are influenced by disciplines imposed by the competitive markets. The reduction in the income tax can affect the income source of government (Gruen, 2005). The approach of the government to the fiscal policy is significant to imparting credibility and certainty to the market through application of the macroeconomic policies. The creditability policy contributes to the reduced uncertainty and thus creating more attractive business environment. The disciplined fiscal policy with credibility over medium terms allows the business to make decision regarding investment with greater confidence. The rates of payments which include their adequacy should be balanced against the impacts on the incentives for the employees to get off the welfare (Gruen, 2005). Therefore, the economic policy settings through the welfare and tax system impact on the work incentives and it should be frame in such a way that avoids the discouragement of employees.  Ã‚   When the government of the country reduced the income tax rate along with the tax for the companies, the government do so for promoting the business activities of the countries. When the income tax reduced for the individuals of the country the citizens have more money and they can expense more thus, the cash flow in the market is increasing and there is more liquid money in the market so the growth of the market is increasingly increased and from the growth rate of the market the economy of the country use to be booste d significantly. In case of reducing tax for the companies the companies have more liquid money, which the companies can invest in the future development of the companies and it help in prospectus growth and development of the country and its economy. The economy is boosted by these particular novel policies, which is different from the traditional economic policies. By these economic policies the government of country use to take substantial risk as by this policy the taxation income of the country will be reduced and the wealth of the country will be reduced initially but at the same time it open huge potentiality of growth and economic development of the country. The policy of reducing income tax and the company tax is innovative taxation policy of the government of the country that substantially help the country to improve its economic growth and development. At the time when the countries, in order to encourage the investment and growth of the companies of the country reduce the income tax rate as well as company taxes, which lead to deficit in the budget as the tax collection from the income tax Act of the countries as well as from the others taxes which are levied to the companies performing their business activities within the constituency of the country. By reducing the taxes the wealth collecting from the taxation will be reduced initially, however, it encourage the companies within the country to do more investment as well as this policies encourage the companies to do expansion for the growth and development of the company (Gumus, 2011). Therefore, in order to proceeding expansion the companies have to use several government facilities and have to provide taxes for availing the facilities and so that the taxation wealth of the country will be increased. Besides this, it helps in the growth of the market as due to this policy of go vernment to reduce company and income tax the market use to be growing substantially (Nagel, 2000). Moreover, in this way the economy of the country will be growing. In case of reducing the income tax, the taxpayer citizens of the country will get more money in their hand so they incline to buy more or they use to expense more in this case the market use to grow substantially (ItoÃÅ'„ and Rose, 2008). Therefore, by the help of this policy the government can be able to improve the economy of the country.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   b). When the central bank of the country takes initiatives for lowering the interest rate, it plays significant role stimulating the economic activities within the country as several organizations use to take finance from the banks in order to improve their business activities so that the companies can be able to establish desirable growth and development (Kincaid and Shah, 2007). The decrease in the interest will help in the development of the economic activity of Australia. The price growth can also be controlled of the houses so that the middle and low income group family can afford for the houses. Therefore, the affordability of the houses can be improved with the lower rate of interest and decreasing the rate of price of the houses. It has been concluded that the housing policy in the country is inappropriate that affected the housing affordability of lower income and middle income group of the people. It has been forecasted that the rise in the price of the houses imposes negat ive impact on the people of the country. The decrease in the rate of interest of the houses will encourage the lower and middle income group of the people. The increase in the rate of interest and decrease in the   price of the houses will enable to afford houses. The tax amount should be reduced and the combination of the Negative gearing and capital gain tax has contributed problems to the affordability of the houses all across the country. The decrease in the interest rates and price of the houses will help to increase in the investment in houses and attracts more number of investors towards purchasing of houses in the country. The complexities in the changes in the price of the houses have created difficulties in front of the government of the country. However, decrease in the rate of interest and decrease in the principle price will increase the affordability of the houses among the investors and other people. In the following policy banks play an important role as they provi de loan to the people for different purposes as well as for the housing in the country.   The policies and factors should help in the growth and appropriate development of the country.                Therefore, in case of lowering interest rate by the central bank of the country a boom in the market can be evident as the economic activities by the companies use to be improved substantially by the governmental policy of the country. At the time, when the price of the housing is growing the lowering in the interest rate help in improving the affordability of the housing as the customers of the housing can obtain the house in lower rate of interest and thus the tendency of buying a new house will be increased and maximum number of people incline to buy new house thus, a boom can be evident in the real estate industry (Monacelli and Perotti, 2010).   The government of Australia should undertake reforms on the spending and revenue side. The government is focusing on cutting down the spending. The government has reduced the budget for the foreign aid and the savings have been proposed for primary care, welfare through the changes in arrangement in the benefits and eligibility threshold and primary care. The revenue measures can help the government to improve the budget deficit and other policies.      Ã‚  Ã‚   Barbieri, S. and Pezzini, M. (2001).  OECD territorial reviews. Paris: Organisation for Economic Co-operation and Development. Brittle, S. (2010). Ricardian Equivalence and the Efficacy of Fiscal Policy in Australia.Australian Economic Review, 43(3), pp.254-269. De Menil, G., Portes, R. and Sinn, H. (2008).  Economic policy. [Oxford]: [Blackwell]. Fender, J. (2012).  Monetary policy. Hoboken, N.J.: Wiley. Freebairn, J. (2003). Economic policy for rural and regional Australia.  Australian Journal of Agricultural and Resource Economics, 47(3), pp.389-414. Friedman, B. (2000).  Monetary policy. Cambridge, MA.: National Bureau of Economic Research. Gruen, D. (2005). The Evolution of Fiscal Policy in Australia.  Oxford Review of Economic Policy, 21(4), pp.618-635. Gruen, D. (2005). The Evolution of Fiscal Policy in Australia.  Oxford Review of Economic Policy, 21(4), pp.618-635. Gumus, I. (2011). Exchange Rate Policy and Sovereign Spreads in Emerging Market Economies.  Review of International Economics, 19(4), pp.649-663. ItoÃÅ'„, T. and Rose, A. (2008).  International financial issues in the Pacific Rim. Chicago: University of Chicago Press. Kincaid, J. and Shah, A. (2007).  The practice of fiscal federalism. MontreÃÅ' al: Published for Forum of Federations = Forum des feÃÅ' deÃÅ' rations and iacfs by McGill-Queen's University Press. Monacelli, T. and Perotti, R. (2010). Fiscal Policy, the Real Exchange Rate and Traded Goods*.  The Economic Journal, 120(544), pp.437-461. Nagel, S. (2000).  Handbook of global economic policy. New York: Marcel Dekker. Relative fiscal capacities of the States 2006. (2006). Canberra, A.C.T.: Commonwealth Grants Commission. Tawadros, G. (2016). Asymmetric monetary policy rules in Australia.  Applied Economics, pp.1-15.9-24-14 [Accessed 29 May 2016].

Humanitarian Intervention In A Military Capacity Essay - 1

Humanitarian Intervention In A Military Capacity - Essay Example But once genocide has been defined, the question still remains of who should be able to intervene and under what circumstances. For the purposes of the international community, monitoring standards should be imposed when and where a more powerful nation or coalition of nations intends to intervene up for humanitarian purposes in a region where genocide is a possibility. Whatever pretext the invader claims as a moral justification for the military action should be evaluated by an international body, and codified. If the justification for an invasion is to ensure that threaten civilian populations receive access to food aid, then monitors should ensure that the invaders hold true to this stated intent. No modern democracy in the current political climate would openly claim that their intent is to rule over another nation for the sake of Empire, and if an invading nation, in fact, denies this purpose, then an international body should monitor the extent of their military involvement for the purpose of documenting legitimate benchmarks towards the restoration of sovereignty within the occupied nation after the physical crisis has abated. Sanctions or withdrawal of support in addition to international condemnation should follow if prearranged benchmarks are not met. This strategy should prove a reasonable standard with respect to the military actions of democratic societies, but different discussions would become necessary in the event of military adventurism by governments not limited by popular votes.