Evaluate the fairness of the regime of 'commercial opportunities' and Essay

Evaluate the fairness of the regime of 'commercial opportunities' and 'fair competition' expressed in the bilateral 'o - Essay Example After the 1970s, there was perceived large-scale liberalisation in the air trade based on bilateral or multilateral intra regional treaties. Within the next few decades US has signed a large number of â€Å"open skies† treaties with its trade partners for a better economic integration. Various studies have revealed that the economic conditions and the process of development within the African continent does not hamper with the formation of a uniform field for the complete liberalization of the aviation market, and experts contend that the overall African business conditions will show an increased if the liberal policies are indeed embraced. The Yamoussoukro Decision, which reflects the African process of aviation liberalization, has not achieved much success, owing to a lack of the political will to make the provisions enforceable. in this context the various â€Å"open skies† treaties signed with US needs to be examined in order to ascertain whether they will be succes sful with the African context and whether they spell out fairness in ‘commercial opportunities’ and ‘fair competition’ in the air trade relations between the United States and African countries Fairness of the regime of ‘commercial opportunities’ and ‘fair competition’ expressed in the bilateral ‘open skies’ agreements between the United States and African countries 1 Introduction The development of an efficient and a competent aviation sector is necessary for a rapid economic progress and global integration of the African countries. The land-based infrastructure (the railroad) that exists in Africa was primarily for facilitating the extraction of the continent’s rich raw material deposits, while the road network is completely in shambles and without any signs of further development or renovation, thus rendering them useless to the intra-African trade or passenger travel.1 Taking note of the present poor conditi ons of the African infrastructure, they further added that such dismal conditions largely display the â€Å"geographical realities† in Africa, while â€Å"international competitiveness† makes it necessary to have a set of effective institutions that would help to link the national economy globally.2 There is little doubt that under such poor rail and road connectivity the aviation sector in Africa has great potential for setting Africa free in the global market; however, it is imperative that a better infrastructure is provided for the air transport to effectively perform their role. A large number of regulations (domestic and international) rule the global aviation sector, which place severe limitations of the airline activities. The monitoring body is the Montreal (Canada) based The International Civil Aviation Organization (ICAO) that ensures the compliancy of all global air activities with the existent Standards and Recommended Practices (SARPs). The regulation of economic advantages in global air transport is primarily monopolized by the norms of bilateral

Global South (South Africa) Essay Example | Topics and Well Written Essays - 1500 words

Global South (South Africa) - Essay Example History of South Africa Colonisation The term ‘Colonialism’ is referred to a practice of domination that entails the subjugation of one group of people to another. It also refers to political and economic control over the dependent territory (Stanford University, 2006). According to McMichael, colonialism is the subjugation by psychological and physical strength of one culture by a colonising control through the means of military conquest of territory or areas and abolition of native people and their cultures (University of Kentucky, 2009). The essay looks at various aspects of South Africa from the point of view of international studies. The study will cover the history of colonisation of South Africa along with political system, demographics of South Africa. Development of South Africa along with the various conflicts that the country has seen will be observed in the essay. The British had colonised South Africa due to their trade interests, strategic ports and the rou tes towards their Asian colonies i.e. to fulfill their political objectives. The effect of colonisation was seen in early 1870s and in the year 1875, Cape of South Africa was colonised (Brownfield, 2011). The colonisation of South Africa by the British people was for the motive of capturing ports routes that they could use for their trade purpose. The other reason was the supply of labour and resources which assisted the British economy to grow. Prior to the colonial power of the British over South Africa, the Dutch had colonised the area. In the year 1652 the Dutch first colonised South Africa and in the same year the legal system was implemented. In 1488, the Dutch people first reached South Africa and colonisation began in 1652. The Dutch East India Company appointed Jan Van Riebeeck to establish a station in the Cape of Good Hope which was established but later found problems. They then colonised the area for their benefit. The Dutch defeated the Xhosa tribe and took control ove r them in the first war. Later another war was fought between them and this resulted in Dutch losing its control over them and then the British took over the control. In the year 1806, the British took over the control from the Dutch in Cape of Good Hope (Drumstruck, n.d.). Even after the Zulu War and two Anglo-Boer wars, the colony was under the British rule. The African National Congress was created in 1912 and they came into power in 1994 when the first elections were held (US Department of States, 2010). Independence from the British rule was achieved in the year 1910. But still there were elections that were controlled by the British people. In the year 1990, Nelson Mandela was released and there was first democratic election in April 1994 under the constitution of South Africa (Michigan State University, 2011). The process of decolonisation takes place when former colonies and non-self governing territories become the self-governing state (Garoupa & Gata, 2000). The decolonisa tion process of South Africa was primarily based upon the methods of the British government that transferred the power in order to maintain stable democracies. There were several controversies in the decolonisation process. However, the transfer of the power to the national party of South Africa made the process quicker and thereby resulting in the end of the colonial rule (Verstraelen, 2002). Political System South Africa, when gained its

Approach And Characteristic Of Corporate Governance In Russia Essay

Approach And Characteristic Of Corporate Governance In Russia - Essay Example Corporate governance offers the framework through which the goals of the companies are formulated and also suggests the means of accomplishing those objectives as well as identifies controlling performances (Viam Invest, 2012). It is in this regards that corporate governance can be identified as quite significant for today’s commercials. Sound corporate governance needs to offer adequate incentives to attain the desired objectives by the company. It must also assist in proper monitoring of the activities of the organisation and thus endorse the firms to make use of the resources in an effectual manner (Shvyrkov, 2012). Corporate governance method in Russia can be regarded as appealing since they tend to take place because of the institutional experiments undertaken by the Russian government in the early 1990s with strong support of international financial institutions (Paredes, 2003). Hence, the concept of corporate governance system practiced in Russia has been one of the sig nificant topics of discussion in the present times. Most of the Russian firms are found to be adhering to good corporate governance standards by escalating disclosure, conforming to the international accounting standards and espousing numerous codes related to the matter. The government of Russia, the regulators as well as private agencies has taken certain measures such as enforcement of the codes, improvement of the transparency along with accountability issues among others in order to enhance the corporate governance (DYCK, 2002). The objective of this paper is to demonstrate and discuss the numerous approaches as well as features of the corporate governance system in Russia. The various drivers as well as impacts of corporate governance in Russia will also be discussed in the paper. Last but not the least, it will endeavour to identify whether the corporate governance system of Russia offers transparency as well as accountability to its stakeholders. Approach and Characteristic of Corporate Governance in Russia The corporate governance system in Russia is featured by elevated ownership attentiveness in firms basically in the hands of the insiders. It has also been noted that the legal institution of the country is not quite firm that has generally led to greater personal advantages of controls through corruption and immature capital markets which might lead to inadequate return on shareholders’ investments a fragmented labour market as well as major participation of the state in business with increasing political barriers (Vasilyev, 2002). The Russian corporate governance tends to be quite different from that of the corporate governance in developed countries such as Anglo-Saxon countries. The chief conflict of interest with regards to the Russian firms has been between big and small shareholders instead of managers and greater number of fragmented shareholders as in the contexts of US or UK (Nestor & Jesover, 2000). Notably, the Russian model of pr ivatisation that was exercised in the period of 1992-1994 facilitated in the determination of the main features of the structure of corporate ownership as well as governance in the country. Privatisation also identified the main direction for the growth of Russian firms. Nearly

Investment Portfolio Implementation & Management Essay

Investment Portfolio Implementation & Management - Essay Example The following aspects have been considered before formulating the appropriate asset allocation strategy for the investor: An investment portfolio consists of a number of asset classes which have different levels of standard deviations, returns and yields. The assets that are to be included within an asset allocation model depend largely on the kind of return being expected by the investor and the risk that the individual is willing to bear (Market Watch, 2013). Therefore before preparing the asset allocation model, the first thing that needs to be identified over here is the latest investment benchmark figures of the different asset classes. Considering the above mentioned investment benchmarks, 8% of Dr. O’Hara’s investment should be made behind intermediate bonds as the investor wants to invest $30,000 in an asset that is considered safe and is associated with no expense, sales or early withdrawal charges. This will enable Dr. O’Hara that a guaranteed return is realized at the end of maturity thereby enabling the individual to pay for travel expenses without any inconvenience. Now, considering the fact that Dr. O’Hara wants to earmark $60,000 in an account with higher than current certificate of deposit or money market rates but minimal market volatility, 17% of the total investment sum should be invested in short term bonds. They have a standard deviation value of 0.68% indicates that this asset is less volatile. Therefore, keeping $60,000 earmarked for an investment in short term bonds will enable the investor to enjoy a return close to 0.71%, 1.23% and 2.74% respectively in bonds with 1 year, 5 years and 10 years maturity. The remaining 75% of the investment fund should be distributed appropriately between large cap stocks, small cap stocks, mid cap stocks and international stocks. 27% of the investment fund should be invested

Assessment Assignment Example | Topics and Well Written Essays - 750 words - 2

Assessment - Assignment Example Significant age comprising this population embrace those aged, 15-24, 25-4 years, which is an active unit of the entire society thus representing 19.3 and 45.4% respectively. However, this increasing trend turns to an abrupt turn when the population age exceeds 55 years representing only 4.5%. The entire state being among those countries in desert regions and the increasing prices of oil rising rapidly, Saudi Arabia has become chief importer of solar panels. Studies so far conducted cite it is the first state in the Middle East (1977) to have embraced solar energy, which makes it a potential and promising market for this commodity (Bahgat 86). The other key aspect that prompted this state in embracing this renewable energy option encompasses its realization of being cheaper especially in generation electricity rather than oil whose prices are hiking by the day (Government Printing Office 15447). Hence, the state becomes a target for solar panels that suit it effectively considering its region characterized high temperatures and much exposure to much sunlight. Congressional Record, V. 151, Pt. 4, March 11 to April 6 2005. Government Printing Office, 2009. Print.

Which two sites give you the best tips on how to negotiate Essay

Which two sites give you the best tips on how to negotiate - Essay Example It is obligatory that there are at least two participants whose interests are partially common and partially different. Negotiation are the fact of our everyday life, the main means of getting what you want. Though we negotiate every day, it is not easy. Usually people are confronted with the dilemma – to be complaisant or to be strict. The other way of negotiating is a middle approach between complaisant and strict, it includes the attempt to reach agreement between goal striving and being on good terms with people. The world negotiating experience knows much about how to come to the successful agreement and that is why many tips that are usually performed in books and internet are avaliable. Speaking about the tips on how to negotiate we can divide them into some groups: psychological tips, ethical and aesthetic tips, these groups are general for any field of negotiations, and the third group includes professional tips which are different for every field. We investigated four suggestions of tips on how to negotiate made by different authors. Most of the tips given are of psychological character. The analysis of these suggestions will help us to define the best tips which can be used for having successful negotiations. The first suggestion of tips gives such pieces of advice (Braham B.): know thyself; learn the partner you are negotiating with before you start; think on what you want, what your partner wants and on your supposition about what he thinks you want; try to build trust; listen attentively, begin with stating your positions; be confident; know what options you have; know what a win is and the last point is to enjoy the negotiations process.(Braham B.) The number of tips suggested is very good and can be helpfull during the process of negotiations. To my mind stating the positions at the beginning is a very important thing which helps to built trust, in case if person sounds confidently.

Women and Numbers by Teri Perl Essay Example for Free

Women and Numbers by Teri Perl Essay For many years, society has presented women to be sweet and man to be tough. Many have encouraged sexist depiction of the sexual category. In addition, this has led to typecasts asserting that girls or women are too emotional and too soft for math and science careers. This is a book that presents women biographies from the nineteenth and twentieth centuries who had an interest in the mathematics subject and they pursued their interests. Different chapters in this book discuss different mathematical actions. A very simple book for the upper-elementary and middle school grades that brings to life the stories of mathematician women from the 19th and 20th centuries. Each biography is followed by a discovery activity. Example, in one of Mary Booles numerous accomplishments she staggered into the creation of string art; the associated discovery activity shows how students can create their own string art designs. The goal of the editor is commendable: to hearten more girls into mathematics and to ignite interest for the field in all students. The write-ups are a pleasure to read. They each give a very individual and encircling picture of the whole woman as mathematician, teacher, mother, wife, or partner. In each, it exemplifies the path they followed, not just career wise but also personally. The impediments of gender and racial prejudice that some of the women faced in following a mathematical career are brilliantly portrayed. An example is Lenore Blum who was not accepted to MIT for her undergraduate degree because there were only 20 dormitory beds available for women. Ideas from the book Each womans mathematical contributions are explained in a language that are easily understandable by a high school or college student interested in what a mathematics career may be like. The three things that all these women had that they excelled in is research, teaching, and service. Research They explored different teaching methods that would be easier to understand and make mathematical solving simpler. With this in mind they attracted the female gender to there classrooms who excelled in the mathematics fields. Teaching Most of the women mentioned in this book climbed to positions such as head of department chair and a good number were involved in developing policies for mathematics departments. Majority of them were supporters for women, blacks, minorities of any kind. Unambiguously, one is left with the certainty that women have done, can do, and will continue to do mathematics. Service Though most of the women were very successful they had a common thread running through the stories of these women, which was they doubted themselves. The service they provided as mathematicians was impeccable despite having to deal with family issues, social stigma, and several other factors that were against them as mathematician women. Themes used Since mathematics is a hard subject to grasp, teaching using a thematic method is a great way to cover a range of topics associated to a particular theme. In this book Women and numbers: Lives of Women Mathematicians plus Discovery Activities by Teri Perl, mentions several themes used by the different women mathematicians. Abstract Algebra An example is Emmy who is well known for being an abstract algebraist. Her focus was on differential and algebraic invariants; the theory of mathematical rings; and non-commutative algebra, linear transformations, and commutative number fields. The main goal of this area is to demonstrate that an invariant (terms that remain unvarying under a group of alteration) can be written as the sum of squares of other numbers. It also wants to show that any two invariants remain invariant. Model theory and differential fields In this theme of model theory and differential fields (logic and algebra), is a theory of calculation and convolution over the real numbers, has focuses on amalgamation of seemingly distinct areas. Sine Sonya Kovalevsky developed this theme one night as she was studying under the covers of her blanket, because the father did not approve her interest in algebra and geometry. To make logic of some of the derivations, she alternated a chord for the mysterious sine, and everything made sense for small angles. Controversies in math Arguments over the technique mathematics is taught and presented in textbooks will continue as long as schools and teachers have the aptitude to choose their own curricula and teaching attitude. Although there are many variables that influence the success of a student, the main influence is the teacher. Depending on how well the teacher formulates the method to use on teaching mathematics will depend on how fast the students will grasp the information. In this book, the only controversy that is on the spotlight is the issue of gender and mathematics. Since the beginning of times, the female gender has been considered to be weaker than the male counterpart and it is not different in the mathematics world. Therefore, every theory that the female gender formulated had to be questioned twice and was criticized before it became published. Conclusion The result is a valuable book for and about women in mathematics at a level appropriate for high school and early college students that celebrates the variety present in the community of women mathematicians. My opinion might be biased being that am a woman, but the book presented challenges that women go through when they are treated as minority when it comes to doing certain things. This book was an encouragement to the girls in their time when gender really mattered in the society and girls were considered inferior to the male gender. The high school girls who believed that math was not for the female gender could now relate to the five women and relate to them. In addition, this has been discussed in the book, how the number of girls doing mathematics increased and they all did well despite what society expected of them. The 9 women were a role model to the high school students especially the female gender. References Perl, T,. (1993). Women and Numbers: Lives of Women Mathematicians plus Discovery Activities. San Carlos, CA: Wide World Publishing/Tetra.