these recent changes in ethnic diversity and its impact on policy making. This paper seeks to answer the following proposed questions: 1) Does descriptive representation matter in bureaucracies? 2) Does descriptive representation lead to policy formulation and implementation representative of all interest? Of the literature reviewed, the accepted consensus is that descriptive representation is important and generally leads to representative policy making and application. Bureaucracies are…
to action for nurses to take active leadership in policy making to effect change in healthcare. Nurses have the knowledge and the understanding of how social inequities drastically affect their patient population. However, there is a disconnect that happens in translating this knowledge into public policy. The working knowledge of nurses regarding human interaction, social, cultural, and environmental influences make their contribution to policy creation invaluable.…
raise the burden of Bangladesh's foreign debt overnight. It cannot stop smuggling as long as black-market transactions in foreign exchange continue. Devaluing Bangladesh Taka means devaluing the price of Bangladeshi labour and talent in the international market that send foreign exchange through home remittance. Devaluation will make Bangladesh lose heavily both as seller and as a buyer and will make no good substitute for remedial changes in economic policies and developmental…
trade, linkages and spillovers to domestic firms. The following arguments are advanced in favour of foreign capital Sustaining a high level of investment Technological gap Exploitation of natural resources Understanding the initial risk Development of basic economic infrastructure Improvement in the balance of payments position Increase in competition Impact on Employment FOREIGN DIRECT…
when the Government of Burma, which was controlled by a military junta, commenced a large scale democratic opposition. The growing number of U.S. economic sanctions has become a trend in U.S. foreign policy in the post-Cold War era. No one argues that U.S. sanctions on Myanmar harm the interest of American companies that operate in this country. Myanmar is a promising prospect for business and investors with a underdeveloped economy in the heart of the fastest growing regions. In 2011, the…
official exchange rate. A set price will be determined against a major world currency. The most common currency countries usually fix to is the U.S. dollar. The local exchange rate is maintain by the central bank buys and sells its own currency on the foreign exchange market in return for the currency to which it is pegged. According to Xu unlike the fixed rate, a floating exchange rate is determined by the private market through supply and demand. A floating rate is often coined…
They kept low interest rates and cut income tax, particularly for those who had high income. This policy encouraged consumer spendings more than saving money. Moreover, at this time, there was a boom in the housing market. Consumer wealth and spending raise cause of the significant grow up of housing prices. The development over the long run trend contributed…
six years before the crisis. Leibowitz, a former chairman of the federal trade commission, and Sowell, a senior fellow at the hoover institution, at Stanford University, scrutinized the government's role in weakening mortgage standards that relaxed policies and by “limiting the amount of land available for housing.” (Holt) Many other financial analysts have looked at other probable causes of the housing bubble, but no study has offered a simple explanation of how the…
Beck, Thorsten. "Financial development and international trade: Is there a link?" Journal of international Economics 57, no. 1 (2002): 107-131. This paper by Beck focuses on economies that has created budgetary sectors, have a near favorable position in assembling businesses. A two-division display demonstrates the part with vast scale economies benefiting more than the other financial sectors. In nations with elevated amounts of monetary advancement, fabricated fares speak to a higher offer of…
attractive to foreign capital. Even though the US dollar has proven its worth some doubt its strength. Some claim the dollar constantly loses its value while others protest that there has been no deflating and that if the US dollar continues at this rate it would become its strongest yet. Strong and weak dollars are terms generally used to describe the relative value of the U.S. dollar currencies in foreign exchange markets. A strong dollar is a monetary policy that caters to strong foreign…