Regression Analysis of Ipl Players Auction Essay Example for Free

Relapse Analysis of Ipl Players Auction Essay Straight relapse model has been created utilizing Backward factor choice strategy. The rule utilized for Backward strategy is Probability of F-to-expel gt;= 0. 100 As observed from the above table in our model the ‘R Square’ estimation of is 0. 618 and ‘Adjusted R Square’ esteem is 0. 592. Group variable is expelled Cricket in the T20 design is viewed as a youthful man’s sport, is there proof that the player’s cost is impacted by age? From our investigation we have seen that the cost of a player is more noteworthy if the player is under 25 years old. Distinguish the indicator that has the most noteworthy effect on the cost of players. Batting strike rate and bowling strike rate don't have noteworthy effect on the evaluating. This can be clarified by exceptionally low R2 = 0. 014 for bowling strike rate and R2 = 0. 034 for batting strike rate. Bowling Strike Rate versus Sold Price Batting Strike Rate versus Sold Price The base cost has the most noteworthy effect on Selling Price of the players. When contrasted with others, the base cost has the most elevated R square worth What amount should Mumbai Indians offer Sachin Tendulkar on the off chance that they might want to hold him? Is the model adequate to foresee the cost of Icon players? As per model, the sold cost of Sachin is 1800000 yet reasonable estimation of Sachin Tendulkar is 1598610. 008 which least sum ought to be paid. Symbol player ought to get 15% premium over second most significant compensation. Be that as it may, this factor isn't considered in our examination. Thus, our model can’t foresee the estimation of symbol players.

Why Did I Get Married Too Review - Free Essay Example

‘Why Did I Get Married Too? ’ Review Tyler Perry is back with another spontaneous movie, ‘Why Did I Get Married Too? ’, the continuation from ‘Why Did I Get Married? ’ Filled with laughter, love, drama, and tears, Perry and the rest of the folks from the 1st movie reunite once again at a couple retreat to the Bahamas. Perry also plays a part in the movie, Terry, as a loyal and loving husband whose wife becomes very secretive from him. The drama begins once everyone arrives at the retreat. Patricia (Janet Jackson) is an expert on relationships, however, cannot seem to communicate with her own husband about their own relationship. Angela (Tasha Smith) and Marcus (Michael Jai White) are the same old couple who constantly argues because Angela accuses him of always cheating on her. The newlyweds, Sheila (Jill Scott) and Troy (Lamman Rucker), are happy to be there together, until they all discover that her ex is joining them also. As the movie con tinues, the drama just adds on. Sheila’s husband, Troy, worries about finding a job throughout their whole vacation time at the Bahamas. Diane, Terry’s wife, is very happy and glowing which leads him to suspect her of cheating on him. Angela still accuses Marcus of cheating on her because of his job as a sportscaster and having a lot of female fans. Patricia and her husband have the most complicated issue, which eventually causes something tragic to happen. Perry uses all these type of problems, that can also happen in the real world, in the play as a way to tell everyone that they’re not the only ones facing them. Whether it is about money, difficulties finding a job, or even their relationship with someone. Don’t think there’s anything new going on in this 2nd movie, everything is still the same, especially the drama, just more dramatic. The movie isn’t only serious, Perry makes it comedic to balance it all out. Being the writer and producer of Madea, Perry does an excellent job in both of the movies ‘Why Did I Get Married? ’ He makes it a comedy also, so the audience can still be entertained even if it’s a bit depressing. Anyone who disliked the movie needs to watch it again, because it obviously deserved to be in the Top 5 Box Office. The movie gave out great advices and lessons on relationships, and hoping that people realize what they have in front of them. Out of 10, this movie would be rated a 9.

Plato and Aristotle Essay - 1271 Words

Plato and Aristotle Plato and Aristotle have two distinct views on wellness. However, each man’s opinion on wellness is directly tied in to his respective opinions on the idea of imitation as a form of knowledge. Their appreciation or lack thereof for tragedy is in fact directly correlated to their own perspective on wellness and emotion. Firstly, it is important to consider each man’s view of wellness—that is how does each man go about addressing emotional stability. One important consideration is the approach Plato takes in relation to Aristotle. It is this approach that we will see actually mirroring between how they treat emotional well-being and their tolerance for imitation. In order to understand this hypothesis that each†¦show more content†¦What becomes clear is not only his opinion that emotion need be repressed in the mind and suppressed from the page, but that this is because emotion gets in the way of true understanding. After all, to ask someone to â€Å"expunge† their emotions is to desire a way of thought that is pretty callous, if not simply heartless. The choice of words by Plato is reflective of his view—only he contends that emotions may be expunged or deleted out of situations, like words erased off a page. To ask for a deletion or an expungement—these are not words we think of when someone asks us to discuss our emotional state. People do not often ‘delete’ characteristics of their personality, and when talk about them doing so, we see someone who believes strongly in the idea of repression. Plato’s handling of wellness isn’t very well at all, but it isolates any semblance of emoti on and ensures it is not to be found within scholarly work. Aristotle, on the other hand, believes in a bit more emotional truth—being honest about how one feels and not repressing it. For Aristotle, emotions were to color life, and so too forms of expression, but with a moderation that reminds us he still the student of Plato’s. While he rejects his teacher’s ideology of staunch repression—suppressing emotion from academia at all costs, Aristotle takes a gentler approach. He advocates for a purging of pity and fear—a catharsis. The idea of catharsis should be a pressure release valve. While Aristotle will contendShow MoreRelatedPlato And Aristotle Disagree About Virtue. Plato And Aristotle1403 Words   |  6 PagesPlato and Aristotle Disagree about Virtue Plato and Aristotle are great philosophers and they have talked a lot about virtue. Although these two people started from similar settings, their ideas about virtue were actually different. Plato’s philosophy was more about non-material things, like ideas and love. On the other hand, Aristotle liked things that are more measurable and physicals. In this paper, I will first discuss Plato’s ideas about the nature of virtue, which people have virtue when theyRead MorePlato and Aristotle: An Analysis1175 Words   |  5 Pagesof Plato and Aristotle regarding the best political association. Quotes from Politics and the Republic are used to support the author’s thesis. Plato and Aristotle: An Analysis Determining the best form of political association was important to the ancient Greek philosophers Plato and Aristotle, and each of them expressed his opinion in important works such as the Republic and Politics. In explaining, comparing, and contrasting the political philosophies of Plato and Aristotle, itRead MoreSimilarities Of Plato And Aristotle1617 Words   |  7 PagesPlato and Aristotle made and still have make a huge impact upon mankind, which makes people question their original values.Although Aristotle and Plato had many distinctions both of them impact many different arguments referring to the important components of life.. The two philosophers were crucial to the development of rethoric and made a big impact on society.. Although most of the attitudes towards them where indisputable, many citizens did not agree with them changing people’s perceptions, fearingRead MoreSocrates, Plato, and Aristotle884 Words   |  4 PagesMike W. Civ. 1: Sec, 121-10 Dr. Maria Farina Socrates, Plato, and Aristotle, three men considered to be the quintessential basis of ancient Greek philosophy. Not only were they responsible for Greek enlightenment, but also foreshadowed the coming of Christ in there speculations. Plato, the protà ©gà © of Socrates, became the first to document the philosophy of his teacher, which in turn is passed down to Aristotle. This process of mentoring aided ancient man in the intellectual evolution ofRead MoreThe Ethics Of Plato And Aristotle977 Words   |  4 Pages In this essay, I will be examining the ethics of Plato and Aristotle. I will explain the five fundamental concepts of Plato and Aristotle. I will focus on their theories on the good life as a life of justice, censorship, knowledge and the good life. I will first explain Plato’s ethics. Plato was a philosopher, both a rationalist and absolutist. According to Plato, people must be schooled to obtain certain kinds of knowledge for example mathematics, philosophy etc. The training will give themRead MoreSocrates, Plato, And Aristotle900 Words   |  4 PagesBecause the subject is so controversial, the term cannot exactly be defined. There are many philosophers that have many different views and opinions on philosophy. In this essay, I will be talking about the three great philosophers: Socrates, Plato, and Aristotle and how they help to define what exactly philosophy is. These three Greek philosophers represent the birthplace of Western philosophy and help to shed some ligh t on the actual meaning of the term. Socrates is from about 400 B.C. His final destinationRead MoreMimesis: Plato and Aristotle1536 Words   |  7 PagesMimesis: Plato and Aristotle 1,515 Words Philosophy 2348: Aesthetics\ The term ‘mimesis’ is loosely defined as ‘imitation’, and although an extensive paper could be written about the cogency of such a narrow definition, I will instead focus on Plato and Aristotle’s contrasting judgements of mimesis (imitation). I will spend one section discussing Plato’s ideas on mimesis and how they relate to his philosophy of reality and the forms. I will then spend a section examining Aristotle’s differingRead MorePlato vs. Aristotle2421 Words   |  10 PagesBy Gerard Chretien Plato vs. Aristotle Numerous experts in modern time regard Plato as the first genuine political philosopher and Aristotle as the first political scientist. They were both great thinkers in regards to, in part with Socrates, being the foundation of the great western philosophers. Plato and Aristotle each had ideas in how to proceed with improving the society in which they were part of during their existence. It is necessary therefore to analyze their different theoreticalRead MorePlato And Aristotle : Knowledge874 Words   |  4 PagesAnuradha Singh Metaphysics Fall 2014 Plato and Aristotle: Knowledge Plato and Aristotle meet at the student union for a drink. As the teacher, Plato is ready to have a discussion with his pupil. Plato: As we sit here today Aristotle, I believe this is the time to have a wonderful discussion! Aristotle: Yes, and what is the topic? Plato: Knowledge, Aristotle, knowledge. What is knowledge to you? Aristotle: Hmm. Knowledge is based scientifically. â€Å"We think we know without qualification†¦ when we thinkRead MoreA Summary Of Plato And Aristotle818 Words   |  4 Pagesmust actively participate in and be involved with political activities. Plato and Aristotle are arguably two of the most prominent philosophers from ancient Greece. Although both Plato and Aristotle are great thinkers, their philosophical views of the role of women as potential rulers differ very much from one another. In fact, many of Aristotle’s writings about the role of women contradict the beliefs of his professor, Plato. This paper will provide an in-depth comparison of the potential for women

Addressing Employment Law Civil Rights Act Of 1964 Essay

Addressing Employment Law Civil Rights Act of 1964 The National Archives gives back ground on the (Civil Rights Act of 1964). National Archives website, www.archives.gov is full of archives regarding the United States. There is a session for teacher, that allows the site to be used as a resource. The (Civil Rights Act of 1964) was a response to a question presented, is the 14th Amendment being upheld. Society question the government, are certain groups of people being denied social justice? Are certain groups being denied social benefits? Public Law 88-352 (78 Stat. 241) included sex to ensure women rights were included in the law as well. It was from this act Equal Employment Opportunity Commission (EEOC) to implement the law. â€Å"Today, according to the U. S. Government Manual of 1998-99, the EEOC enforces laws that prohibit discrimination based on race, color, religion, sex, national origin, disability, or age in hiring, promoting, firing, setting wages, testing, training, apprenticeship, and all other terms and cond itions of employment. Race, color, sex, creed, and age are now protected classes†, reports www.archives.gov. The EEOC investigates charges of discrimination against employers. The EEOC will file a lawsuit if the charges are proven and they are unable to settle with the employer. To be covered by the EEOC laws, you must have at least 15 employees , for age discrimination, you must have at least 20 employees. The EEOC defines sexual harassmentShow MoreRelatedHcs430 Employees Handbook Essay1732 Words   |  7 Pagesmore used in the workplace of most companies. The Employment Non Discrimination Act provides basic protection against workplace discrimination based on sexual orientation or gender identity. The ENDA applies to congress and federal government employees of state and local government positions. The ENDA prohibits public and private employers, employment agencies and labor unions from using a person’s sexual orientation or gender as a basis for employment dec ision for hiring, firing, promotion or compensationRead MoreI Am A Human Resource ( Hr ) Director Of A For Profit Company Essay1708 Words   |  7 Pageswill discuss and reflect on the laws I see missing to protect my company from liability and protect my employees from harm. I will also discuss why I think it is important to bring in legal counsel for guidance and when I am confident handling HR issues on my own. In addition, I will highlight the current laws I believe are helping my organization from an employment standpoint. My refection of those areas ultimately leads me to my thoughts on how I plan on addressing what makes me most anxious in thisRead MoreOrigin of the Civil Rights Movement1157 Words   |  5 Pagesï » ¿Civil Rights To obtain access to basic privileges and the rights to U.S. citizenship for African Americans mass popular movements or civil rights movement took place. Civil rights movements began in 19th century, but it reached its peak in 1950s and 1960s. At both local and national levels movements are led by both African Americans and the whites. These people raised their appeals without any violence but with negotiations and legal means. The student movement of 1960s and the modern womenRead MoreWhite Backlash Occurred During Nixon s Presidency901 Words   |  4 Pages2015 p. 317). Current Debate The question stands, had the Civil Rights Act of 1964 done what it set out to do? In some cases yes, but in many cases, inequality and discrimination still exist. Most recently, the debate about voter ID laws had made its way into the headlines. Some argue that voter ID laws discriminate against the poor and the growing minority groups. A small group of political scientists found that voter photo identification laws primarily impact minority democratic voters and attemptRead MoreAffirmative Action : Discrimination And Discrimination Essay1143 Words   |  5 Pagesrelation to employment or education. Affirmative action means taking positive steps to end discrimination, to prevent its recurrence, and to creative new opportunities that were previously denied minorities and women. Affirmative action itself has been defined as any measure, beyond simple termination of a discriminatory practice, adopted to correct or compensate for past or present discrimination or to prevent discrimination from recurring in the future. (U.S. Commission on Civil Rights, StatementRead MoreThe Civil Rights Act Of 19641214 Words   |  5 Pagesthe Title VII of the Civil Rights Act of 1964 was enacted employees felt sigh of relief because now it was unlawful for employers to discriminate against once race, color, religion, sex, or national origin. â€Å"Title VII provided the legal basis for all people to pursue the work of their choosing and to advance in their chosen occupations subject to the limitations of only their individual qualifications, talents, and energies† (McConnell, 2013, p. 46). The Civil Rights Act of 1964 also established theRead MoreEssay on Sexual Harassment809 Words   |  4 Pagespost-trial motions claiming Lockard could not hold Pizza Hut liable for customer-created hostile work environment. The trial court agreed. The Tenth Circuit reversed the trial court and ruled that employers could be vicariously liable under Title VII for acts of harassment by customers. The court reasoned that the proper focus of a hostile work environment inquiry is whether the workplace is permeated with discriminatory intimidation, ridicule and insult. Thus, the court reasoned an employer who condonesRead MoreRicci V. Destefano1183 Words   |  5 Pagesthe Court rendered the much anticipated decision in Ricci v. DeStefano, 129 S. Ct. 2658, 174 L. Ed. 2d 490 (2009). Ricci was quickly dubbed the â€Å"white firefighter’s case† by many, however, the case involved much more than the firefighters’ asserted right to a promotion. Ricci involved a promotional examination administered by New Haven, Connecticut to members of the New Haven Fire Department to identify those applicants who merited promotions. Knowing that promotional examinations have historicallyRead MoreEssay on Civil Rights Act of 19646131 Words   |  25 PagesThe Civil Rights Act of 1964 Danielle Endler Human Resources 4050, Spring 2013 Semester Professor David Penkrot May 3, 2013 The Civil Rights Act of 1964 is considered by some to be one of the most important laws in American history. (The Most Important Cases, Speeches, Laws Documents in American History) This Act was signed into law by President Lyndon B. Johnson on July 2, 1964 and it is a â€Å"comprehensive federal statute aimed at reducing discrimination in public accommodations and employmentRead MoreThe Segregation Of African American Community1720 Words   |  7 Pagesmost distinct forms of racism. The so-called â€Å"Jim Crow† laws that were present in United States at the time, served to segregate blacks and whites from all aspects of public life, including schools, public transport and juries. Often faced with extreme right-wing terrorist groups such as the white supremacist Klu Klux Klan, many among the African American community chose to live in a society of oppression that to actively campaign for equal rights for all humans regardless of the colour of their skin

All-4-One free essay sample

The interracial group All-4-Ones self-titled debut album was released at a time when even some of the most enthusiastic R listeners could not tell the difference between many groups. Jodeci, for example, has recently come out with a new album, entitled, Diary of a Mad Band. But All-4-One stands out above all the rest, combining R and soul to create a new look and sound for the music industry. All-4-Ones first song released, So Much in Love, is a new rendition of a song that was created decades ago. How is it different? All-4-One sings it a cappella, combining perfect harmony and melody with a great song to bring it to number one in no time. All-4-Ones second song, recently released I Swear, is also making it big, nearing the number one slot after being on the charts for only a couple of weeks. We will write a custom essay sample on All-4-One or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The rest of the album is much of the same; downright great music. But not all All-4-Ones songs are as slow as the first two. The group livens the tempo a little more in the song, Skillz. So, whether you like slow wedding songs or dance music, All-4-One is a great CD to buy, and I can promise you wont be disappointed. .

Media analysis Women and Men in Media

Table of Contents Introduction Depiction of the third world by the U.S. press International vs. local media Conclusion Works Cited Introduction According to Falah (305), the U.S. media discourse about the Muslim and Arab people is majorly based on gender basis. Reports on current events from Palestine, Iraq, and other Arab countries show the ubiquity of female images in the Western media. The U.S. press has narrowly constructed and projected the Muslim women and their societal roles, for instance they have been portrayed as exotic, erotic and oppressed.Advertising We will write a custom research paper sample on Media analysis: Women and Men in Media specifically for you for only $16.05 $11/page Learn More Several authors have examined the relentless demonization of Islam by the Western media, which is often likened to the Nazis during the pre Second World War period. Nevertheless, the same old question looms; what the Western media seeks to gain by p ortraying these people in the media in negativity? According to various media personalities, this act is fueled by the desire of Western audiences to be fed with negative news. Western media changes the perceptions of their targeted audiences and this in turn results to stereotypes being formed, as is been the case among many Western citizens. Falah (302) looks at the headlines, photos, and captions, all which directly reflect editorial decisions. Against this background the paper attempts to probe the way in which the press and especially the print journalism help to produce and to reproduce specific ways of knowing the third world. Depiction of the third world by the U.S. press In today’s world a lot of what is in the media concerning third world countries and issues touching on women and men as a whole in these countries are more than often portrayed in negative light of what is really the case for them. The Westerners are constantly being fed with negative opinions and de ep-seated perceptions about the lives of people in third world countries. Consequently, it results to people forming their own perceptions even though they have very little, accurate and tangible information, this leads to stereotyping and prejudicing of women and men in third world countries. People’s perceptions and the resulting stereotyping are heavily hinged on the media role of shaping these opinions in today’s world. Importance must be accorded and insisted on critically examining any information obtained on issues to do with third world countries. Mitchell (10) states that â€Å"outside the United States, everyone knows the U.S. is the most influential country in the world. Its economics, education, politics, technology, science, and culture, just to name a few areas, color the world’s every socio-economic fabric†. One has to strive to answer a number of questions within their subconscious so as to try and desist from stereotyping. This includes i ssues such as: whether the west becomes more informed after being fed with this inconsequential information; or the consequences befalling the people being portrayed in this kind of information; and the roles local and national media should take up in countering this and shaping opinions.Advertising Looking for research paper on communications media? Let's see if we can help you! Get your first paper with 15% OFF Learn More The media paints a picture of women in third world countries for the U.S public, as one of oppressed, workers whose place is the kitchen, poor, submissive, not able to take up leadership roles, subservient and much more. Men are not left behind; they are being portrayed as wife batterers, impotent due to alcoholism, indolent, drunkards and good for nothing people who don’t care for their wives and children (Hicks np). The big question here is; what led/leads to the portraying of the third world as is being done today and what picture is bein g portrayed to western audiences? A lot of these conclusions stem out of a misunderstanding of cultures of most third world people. There are no concrete reasons on why stereotyping and prejudicing of women and men in third world countries in western media sources is constantly being practiced (Zucchino 10-13). Cultures and traditions such as those found in Africa and parts of Asia dictate the roles of women as that of housewives who take care of the home and grow crops with the help of their daughters. Education among girls is not a priority like that of boys in these types of cultures. Media coverage has and is always comparing women in third world countries to those of the western world. The interest generated towards third world countries by western countries on the resource an untapped wealth is what drives media to pay negative attention towards the third world. Chavis (np) stated that the negative portrayal of the third world as seen today is as a result of â€Å"artificial territorial boundaries across communal lands, forced European acculturation, etc., were sanctioned by every institution in the societies (of Europe)†. The early media during â€Å"Darwinian era carriers on the tradition of stereotyping prejudicing, bias and disdain often are warp and woof of media coverage when Africa† and the third world â€Å"is the subject†(European Commission np). The third world is treated as full of hate and showing a desire to harm others rather than as a fundamental, universal part of the world. Western media goes ahead to show women and men in the third world as people who are valueless. Falah (304) notes that the media’s role as a â€Å"corporate, social and cultural institution needs to be analyzed in relation to other institutions such as those of the polity and economy.† There exists according to the van Dijk, a more than direct link connecting â€Å"societal racism, elite ideology and production of news by journalists †. The process of news processing and production is â€Å"informed by and to a certain extent is the manifestation of racism at the macro level of society and state† (Falah 305). Headline structures, leads, organization of stories, style of writing, and overall selection of topics deemed newsworthy are issues controlled in some way by â€Å"the societal context of power relations.†Advertising We will write a custom research paper sample on Media analysis: Women and Men in Media specifically for you for only $16.05 $11/page Learn More More often than not powerful individuals and elites in the society, institutions and groups especially corporate giants in any given society touching on the economy, political and social aspects of life are able to influence and control media access which results to them being portrayed in the media. As a result â€Å"elite versions of the ‘facts’, their definitions of reality, will tend to prevail over those of other, non-dominant groups.† A number of queries come to mind when looking at what the western media packages for their consumers: the way images of America, the West, the Third World the developing world, western culture, Asian culture, African culture, overpopulation, immigrants, and other historically marginalized people are portrayed; in what ways are gender, race, sexuality, and class set out in these depictions; the kinds of generalization being made about the object of a story; the stereotypes and negative or positive images of women in the Third World in discussions centering on â€Å"us†/†them,† â€Å"west/non-west,† and â€Å"self† (Falah 306). Western media organizations usually make use of various ways and methods of operation to purposely unload negative news, images and information when â€Å"reporting, communicating, or disseminating anything pertaining to Africa and the third world† (Saroop, 2010). Africa’s multicultural polyethnic, polyreligious, multipolitical, and mega economic dynamics and its immeasurable natural wealth which make it very vulnerable to the west, have been reduced to naught by the stroke of a western journalist’s pen. The lifestyles of Africans and the continent as a whole are constantly being painted as â€Å"a bastion of disease, savagery, animism, pestilence, war, famine, despotism, primitivism, poverty, and ubiquitous images of children, flies in their food and faces, their stomachs distended† (willenz 200). The question whether the western media paints women and men as independent and act on their own freewill or as helpless individuals relying on the west for aid and other handouts, does not clearly receive accurate information and facts to answer it. â€Å"American communicators have a serious obligation to make the American public more aware of the rest of the world and the influence it has on it. Americans will never understa nd the negative criticism that comes more and more from around the world unless they begin to see how life is really lived on the other side of the fence† (Sserwanga 8) . This can be attributed to the constant negativity in western media for consumption of Americans. It is not helped in any way by including local media, as they do not have that kind of influence to create an impression on audiences. This can be due to the fact that they too are being put in one category as the rest of the third world peoples. These messages and pictures of women and men in third world countries are overtly powerful and subconscious, are beamed globally to television audiences, through print media, by use of radio services and other modern technological advances being embraced today. They give an impression to intended target audiences of something that is â€Å"not first-rate, perennially problematic unworthiness, deplorability, black, foreboding, loathing, sub humanity† (Sister Namibia 9). In contrast to this, very little is said about the positivity of Africa and other third world countries.Advertising Looking for research paper on communications media? Let's see if we can help you! Get your first paper with 15% OFF Learn More The Westerners are not aware of the third world’s importance to the rest of the world: its indispensability and significance to further development of the world; universal embracing of technology; â€Å"and the wealth of nations, derived from involuntary African largesse†. This is usually not commended or given the positive light it deserves in the media. Daily Observer (np) argues that â€Å"The amorphous news spin is America has to protect her strategic interests and national security†. What drives the negativity towards the third world men and women and Muslim women in particular? This can be deduced out of the fact that journalists lay emphasis on bad news, either from direction from their editors or employers, media owners such as: National Public Radio (NPR), the Star Tribune, the Pioneer Press, New York Times, the Washington Post, Wall Street Journal, 60 Minutes, Frontline, CNN, or the BBC who insist on this so as to make money. The emphasis on bad news m ight also stem out of trying to satisfy their audiences’ desire for such kind of news (Business Wire 15; BBC np). A case in point is that of the United States invasion of Iraq and the subsequent occupation by the U.S military. Western journalists did not focus on the positive gains the Iraqi leaders have achieved, but hide or downplay the truth and focus on the negatives. In some cases this does not work effectively for them as the public becomes discontent with the type of information being offered to them. It is unethical and against the code of conduct for reporters and journalists to keep away the truth with other intentions in mind; of either elevating certain powers over others, making third world countries feel inferior, using the media to punish enemies and much more. The case of Iraq, the western media is not justifiable to overlook the positive gains in that country. It is their responsibility and duty to provide accurate, true, and reliable information to their tar get audiences (Smith-Spark 35; Gibbons np). International vs. local media Local media emphasizes on actual happenings and tries to portray the country they are in positively. Through the local media the locals are empowered to make their country a better place to live in and this is not only good for the media but also the local people. On the other hand, the international media tends to emphasize on the negative aspects of the country be it war, famine, civil wars, disease outbreaks, violence connected to elections just to mention but a few. An example is the post election violence that took place in Kenya in 2008, the international media such as: CNN, the BBC, Aljazeera stressed on only the areas where the violence was at its peak capturing the graphic captions of the killings of people and replaying the scenes over and over yet there were places that violence did not take place (Gettleman np). International media tries to get sympathy from the international community by over usin g the negative aspects of the country they are in. This in turn tends to make the locals lose their self-esteem due to the way they are portrayed internationally. International media also tends to focus on certain third world countries and ignore others. Take for example the Rwanda 1994 genocide was not televised effectively to the western audiences that led to the international community to ignore the situation in Rwanda. If the international media had effectively portrayed the genocide the western audiences would have responded to the genocide and the causalities would not have been as high as they were. Local media in the third world countries tend to look for inspiring stories to empower the third world men and women so as to develop the under developing countries further. Local media looks at the actual happenings that take place in the country; they tend to rely on factual information and emphasize on actual happenings in the third world countries. Journalist have wholly embra ced the obligation entrusted to them and tehy6 take their seriously do it zealously for example John Allan Namu 2009 CNN African journalist of the year and Mohammed Ali who teamed up to fight social injustices committed to the Kenyan people. Through coming up with factual stories containing investigated facts that are credible, true, and timely: in this way the credibility of local reporters and journalists to rise among their targeted audiences (Piansay np). The role played by media organizations in shaping of opinions of their audience depends on the content the media is reporting on and how the message is perceived. The media tends to induce perceptions in their audience for example if a television station portrays an election candidate in a wrong way the audience is more than not to believe the perception. This shows the power the media wields over their audiences. Conclusion The role of the media in shaping perceptions and opinions of the people gives them an upper hand on dete rmining what to write, the stories to run in their publications, and pictures to put in newspapers and much more. Stereotyping has been promoted towards the third world by the third world men and women through the constant production of information that is not true or factual and lacking credibility. Reporters and journalists have an obligation and a duty to provide true information and not hold anything back to serve their own interests and those of the elite of the society. In order for the West to be able to understand the third world and the negativity that is portrayed by their media organization every day, they have to see how and possibly experience the lives of people in the third world. Without this they will never truly get to understand and will only rely to the biased media to give them half truths and incomplete information. Local media should be given more emphasis as this is the only way the perceptions and opinions than are doing the round universally will be changed . The western media on the other hand should change their outlook on the third world and third world women and women. They should also not focus on the negative aspects of the third world, this may help to create and generate more cooperation in terms of industrial technological advancements, funding and subsidies from western developed countries. Third world countries would boost their confidence and be able to mingle with the developed countries. Big international media corporations should also have interactions with local media in third world countries where they can share experiences and ways on how to portray the third world and advocate against stereotyping third world men and women. Works Cited BBC-commissioned study. â€Å"Iraq war TV coverage ‘sanitised.† British Broadcasting Corporation. 2 Dec 2010. Web. Business Wire. â€Å"VMS Media Analysis Expert Calls For â€Å"Communications Realignment† As Media Options Explode.† Business Wire 15th Novembe r 2010: 15. Print. Chavis, Rod. â€Å"Africa in the Western Media.† Sixth Annual African Studies Consortium Workshop, October 02, 1998. 4th Aug 2010. Web. Daily Observer. â€Å"Advancing Women in the Media: What Really Do We Want?† Daily Observer December 1, 2010: 5. Print. European Commission. â€Å"Scientists piece together EU media structure.† Cordis 9th November 2010. Web. Falah, Ghazi-Walid. Visual representation of muslim/arab women in daily newspapers. Austin: University of Texas Press, 2010. Print Gettleman, Jeffrey. â€Å"Pain Lingers From 2007 Vote in Kenya.† New York Times, 4th Aug 2010. Web. Gibbons, Sheila. â€Å"Inequities Persist for Women in Media.† WeNews 21st Jan 2004. Web. Hicks, Robin. â€Å"Are women better at understanding social media?† Asia Pacific futureGov. 6th Dec 2010. Web. Mitchell, John. â€Å"A Reflection on Media in the Third World.† Center for Media Literacy 7 Dec. 2010: 10. Print. Piansay, Eming. â₠¬Å"Official Participant in the Youth Media Blog-a-Thon.† New America Media. 10th Nov 2008. Web. Saroop, Ijaz. â€Å"Analysis: Media democracy.† Daily Times November 17, 2010: 10. Print. Sister Namibia. â€Å"Women and men in the news in Southern Africa.† Goliath 1st Jan 2003: 1-10. Print. Smith-Spark, Laura. â€Å"Is the Iraq war vanishing from US view?† BBC News, Washington. 8 December 2010: 35. Print. Sserwanga, Moses. â€Å"Uganda: CHOGM; We Want Fair Trade, Not Aid.† The Monitor 8 Dec 2010: 16. Print. Willenz, Pam. â€Å"Men and women found more similar than portrayed in popular media.† EurekAlert 18-Sep-2005: 6-9. Print. Zucchino, David. â€Å"THE WORLD; Afghanistan’s Female Pioneers in Print; Media: Journalists cover ‘men’s turf’ in a weekly billed as the nation’s first independent paper run by women for women.† Los Angeles Times 9th May 2002: 9-16. Print. This research paper on Media analysis: Women and Men in Media was written and submitted by user Carolyn S. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Use tables or graphs to illustrate the price stability performance of Japan Essays

Use tables or graphs to illustrate the price stability performance of Japan Essays Use tables or graphs to illustrate the price stability performance of Japan Essay Use tables or graphs to illustrate the price stability performance of Japan Essay Japans economic slump, which began with a stock market crash in 1989, now lies in its fourth recession in ten years. The Asian banking and financial crisis has had a profound effect on this, the second largest economy in the world. Japanese under performing banks are carrying Yen150 trillion ($1.3 trillion) of bad loans. State-run corporations are dragging productivity down, unemployment is rising and Japanese consumer confidence remains low. Macroeconomic policy is proving highly unstable as Japans illness that of deflation remains predominant. Price stability is defined as the sustained absence of both inflation and deflation. (Mc Aleese: p.294, 2001). Further economic agents can make decisions regarding economic activity without being concerned about the fluctuation of the general price level. Along with effective fiscal policy, the control of government spending, low unemployment levels, controlled interest rates and hence inflation rates, macroeconomic policy is maintained. The most serious aspect of Japans economic sickness is deflation. Japans paralysis, where ineffective control measures have had many negative results, will now be discussed. Price Stability: Price stability, or rather instability in Japans case, is characterised by the prolonged presence of deflation. The stock market is hovering around a 19 year low. The Nikkei 225, the most commonly used Share Price Index, had stood at 14 times the Dow through the 1980s. However in February 2002 it dropped below the Dow Jones Industrial for the first time since 1957. Japans persistent decline in the general price level is again indicated by the Consumer Price Index. Prices have shown a 1% fall per annum. These falling price levels have increased real debt burdens. National debt stands at over 130% of GDP (www.economist.com). Also Japans banks are chronically weak and burdened by duff loans of Yen37 trillion, about 7% of GDP. So Japanese banks have been left carrying excess bad loans, forcing them to cut lending. Together with depressed consumer spending it has proved impossible for the Bank of Japan to deliver the negative real interest rates that the economy needs to revive demand. Interest rates in Japan stand at virtually 0%. However most companies are not investing but paying down their debts (mentioned above). This adverse impact on investment is also due to the fact that real long-term interest rates in Japan have reached high percentages. The fact that interest rates stand at zero has kept inefficient firms afloat and delayed restructuring. This has contradicted Japans bust advantage. Structural adjustment and creative destruction can prove positive outcomes of negative fluctuations. However, rigid labour and product markets, along with the Japanese keiretsu relationship have hindered the weeding out of inefficient firms. Simultaneously, low interest rates have led to low inflation rates (-0.6% in 2001). This has reflected weak demand and thus the economic slowdown. These supply-side factors, such as the intensification of global competition and deregulation, have put additional downward pressure on prices. This is contributing to the high debt ratio and subsequent price destruction. This bout of recession and deflation has not only had negative impact on CPI, share prices, investment and inflation but also on property prices. Since 1991, commercial property prices have dropped by an average of 84% in Japans six biggest cities (www.economist.com). Housing demand has also collapsed since 1996. Analysis: It remains evident that Japans economy lies in uncertainty, where consistent unstable price performance has given rise to the lost decade. Its current situation comprises of internal factors (e.g. buyer uncertainty) and external factors (e.g. the U.S. current bubble burst). These counter-cyclical variables have had the following negative effect the decrease in economic activity in Japan has led to the increased unemployment rate (+5.3%), bankruptcies, non-performance loans etc. Analysing Japans current prolonged crisis, it becomes evident that it displays attributes of Keynesian economics. The existing shifts in aggregate demand, the low rate of investment and price rigidities, all clearly display this. Price stability is an indispensable prerequisite to ensure sustainable development of the economy (Masaru Hayami, Governor Bank of Japan). 77 year-old Mr. Hayami however has failed so far to deliver such a position. This political paralysis, where political resistance to reform is demonstrated, is hindering Japans recovery. Again, the current Japanese Prime Minister, Junichiro Koizumi (elected April 2001), who unveiled a series of economic reforms has met with little success against this rigid political system, resistant to reform. Furthermore his termination of Makiko Tanaka (his Foreign Minister) in January 2002, along with his lack of co-operation with Economics Minister, Heizo Takenaka, has left Japan still in search of a cure. Is there Evidence of Inflation or Deflation in Japan at the moment? What problems might be associated with very low inflation or deflation? Deflation is defined as the persistent decline in the general price level of goods and services1. The most common measure of inflation statistics is the Consumer Price Index (CPI). In Japan, this has fallen at a rate of about 1% since 1999. If the GDP Deflator is used this deflationary trend can be traced back to 1995. The difference between potential and actual GDP is called the output gap. This is another indicator of price stability (or instability). Price stability is defined as the sustained absence of deflation (falling prices) and inflation (rising prices). It is fundamental to the second pillar of the new consensus, macroeconomic stability. Therefore policy makers welcome disinflation and low inflation. Owing to the bias2 in constructing CPI indices, an inflation rate of 0-2% has become acceptable. There are certain costs of changing prices regardless of whether these are due to high inflation or deflation. There is a loss in efficiency as menu costs and shoe leather costs are incurred. Additionally, the necessary fiscal and monetary policies required to attain stability are costly. More specifically, why is deflation problematic? Initially, falling prices seem like a good thing and people feel as if they have more money in their pockets to spend. Even those on a fixed income, (state pensions, social welfare) benefit from an increase in real income. In spite of all this, the far-reaching contagion effects of deflation mean it is a phenomenon to be avoided. Rather than spending more on the goods, which they can now afford, a continuous fall in prices means that consumer and investor spending actually slows down. Consumers and businesses are reluctant to buy goods, which they expect to drop in value in the near future. Such speculation curbs investment and saving increases. In an effort to encourage borrowing for investment, nominal interest rates fall and approach zero. Since the nominal interest rate is the opportunity cost of holding money, savings further increase. This fall in investment demand and activity retards economic growth. Furthermore, since the nominal interest rate cannot fall below zero, the real interest rate will always be positive. In times of deflation, the burden of debt therefore increases. It would seem that lenders gain and borrowers lose. The problem for lenders occurs when debt rises too high and borrowers cannot afford repayments. Banks who earn profits through loan repayments cannot attract big borrowers. T his type of debt deflation is the main problem in the Japanese economy today but is also reminiscent of the Great Depression in the 1930s. In times of low economic growth, it is typical to lower the currency value thereby making exports more attractive to foreign investors. However, the low nominal interest rates induced by deflation have caused foreign demand for the Yen to rise. The Yen remains strong and exports remain relatively expensive. On the whole, wages are accepted to be ratchet. This means that even if prices are falling, the nominal wage rate will not fall. Higher debt repayments and squeezed profits mean that the pressure on companies to cut costs is twofold. This leads to a Darwinian shake-out as companies see job cuts as the only option to save on costs. Deflation is clearly at the root of Japans failing economy. Policy makers must now look to the formulation and implementation of an effective plan to fight deflation if there is any hope of a recovery.