Thursday, November 28, 2019

Tracing the Americas History

Since the beginning of the nation on the shores of Virginia, has remained highly diverse I terms of race and ethnicity. Recent statistics have indicated how more than a third of Americans are unable to trace their specific origin, making America to stand at the verge of being dominated by pre-conceived minorities in the next few years. This is evidenced by the predominance of racial diversity in the major cities like New York, San Francisco, and Los Angeles among others in America.Advertising We will write a custom essay sample on Tracing the America’s History specifically for you for only $16.05 $11/page Learn More This prevalent racial diversity arouses the fundamental question about America’s cultural historical identity. Perhaps, it is not possible to tell the story of the United States without considering racial and ethnic lens. According to Takaki (7), the significance or racial diversity in America’s history remains remarkable with respect to the prevalent demographic trends in the country. This paper analyses the role of immigration and laws based on ethnicity to describe America’s historical pathway. As it has been revealed, much of what is known in America’s cultural setting has ethnic perspective. It is important to note that, some outstanding figures like Martin Luther and Ah Bing among others are not Native Americans, yet their contribution in shaping the nation remains remarkable (Takaki 19). More so, president Barrack Obama’s origin is traced in Africa, yet his superiority in the nation is inarguable. Despite being the central minority all through the nation’s history, African Americans are currently becoming majorities in many academic institutions in US today. This is an indication that, America is taking new shape as a result of its diverse ethnic background in its historical development. It thus goes without saying that, historical immigrations in America are of gr eat significance in telling the history of the United States. With reference to Takaki (8), massive migrations from various parts of the world to America have largely been focused by historians to explain the prevalent American culture. For instance, artisan manual workers of Philadelphia and the Irish immigrants are described as historians as key elements in the revolution of various artistic works in America. Basically, studying each ethnic group in America separately reveals one or more aspects of the entire American culture at large. It is the integration of these diverse cultural values and practices that have shaped the prevalent American culture today. In the historical make-up, the nationality of Americans can be attributed to the various ethnic groups that migrated into the country several decades ago. Various laws in United States have as well contributed towards the prevalent situation in terms of the nation’s culture. For instance, the immigration and marriage law s in the US have largely contributed towards the homogeneity of the previous diverse cultural practices. Since the immigration laws have been liberated, many people from various global regions have migrated into the country, increasing the level of cosmopolitanism in the country today (Takaki 29).Advertising Looking for essay on history? Let's see if we can help you! Get your first paper with 15% OFF Learn More Having fewer restrictions in marriage amongst races and ethnic groups, the current states laws in US can be considered as having played significant role in promoting cultural integration in the country. Indeed, immigration and law based on the race and ethnicity has played remarkable role in the historical development of the United States of America. Generally, studying America’s past from racial and ethnic diversity can form a fundamental perspective of understanding the current demographic trends in US. The realization of how America’s pre-concei ved minorities as the future’s majority is becoming a real issue in explaining America’s history. In this regard, it is not possible to unravel the history of the United States without focusing on racial and ethnic lens. Work Cited Takaki, Ronald. A Different mirror: A history of multi-cultural America. Boston: Little, Brown and Company, 1993. This essay on Tracing the America’s History was written and submitted by user Russell Woodard 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.

Sunday, November 24, 2019

A Look at Demographics and Economics

A Look at Demographics and Economics Demography is defined as the quantitive and scientific study of vital statistical information that together illuminates the changing structure of human populations. As a more general science, demography can and does study any dynamic living population. For those focused on human studies, some define demography as plainly the scientific study of human populations and their characteristics. The study of demography often leads to the categorization and segmentation of people based on their shared characteristics  or traits. The origin of the word further solidifies the studys relationship to its human subjects. The English word demography is derived from the French word  dà ©mographie  which stems from the Greek word  dÄ“mos  meaning populace or people. Demography as the Study of Demographics As the study of human populations, demography is essentially the study of demographics. Demographics are the statistical data relating to a defined population or group that are collected and analyzed.  Demographics can include the  size, growth, and geographical distribution of human populations. Demographics can further consider characteristics of a population like age, sex, race, marital status, socioeconomic status, level of income, and level of education.  They can also include the collection of records of births, deaths, marriages, migrations, and even incidence of disease within a population.  A demographic, on the other hand, generally refers to a particular sector of the population. How Demographics Are Used The use of demographics and the field of demography is widespread. Demographics are used by governments, corporations, and other non-government entities to learn more about a populations characteristics and the trends within that population. Governments may use demographics to track and assess the effects of their policies and to determine whether a policy had the intended effect or carried unintentional effects both positive and negative. Governments may use individual demographics studies in their research, but they also generally collect demographics data in the form of a census. Businesses, on the other hand, may use demographics to judge the size and influence of a potential market or to assess the characteristics of their target market. Businesses may even use demographics to determine whether their goods are ending up in the hands of the people the company has deemed their most important customer group. The results from these corporate demographics studies generally lead to a  more effective use of marketing budgets. Within the field of economics, demographics can be used to inform anything from economic market research projects to economic policy development. As important as the demographics are themselves, demographic trends are equally as important as the size, influence, and even interest in certain populations and demographic groups will change over time as a consequence of changing political, social, and economic situations and affairs.

Thursday, November 21, 2019

Implications of Social Media in Organizations Essay

Implications of Social Media in Organizations - Essay Example As the research findings all these factors contribute a lot towards defining the success of any organization. This is because, for any organization to succeed in the competitive world markets, it is necessary for such an organization to meet these diversities in cultures, beliefs, as well as races relevant to their interests on products alongside meeting their changes in attitudes and tastes. It is important to note that social media is available in several forms for the companies as well as organizations to chose from. The major host is the internet. There are a number of websites including Facebook, Twitter, and My Space amongst others, which greatly influence the organizational communication. As the paper discusses majority of the organizations nowadays employ the use of social media predominantly for communicating to their customers and to the general public for a number of reasons. These may involve the fact that social media hosts a large number of people, ranging to millions. The millions of users of such social media is a good representative indicator of success of any business organization since they always determine the customer base of such organizations. It is of critical significance to acknowledge the fact that social media is one of the increasing phenomena in the current society. Social media has a lot of influence in the organizations progress relevant to communication.

Wednesday, November 20, 2019

Contemporary Brand Management Essay Example | Topics and Well Written Essays - 3750 words

Contemporary Brand Management - Essay Example "Americans have the largest per capita consumption of beer in the world. Europe is the home to most of the world-renowned breweries. These include, Carlsberg, Grolsch, Heineken, Fosters, and Stella Artois to name a few. Belgium is Beer country, but for other reasons. Belgians drink less beer. That's right! Beer consumption in Belgium has more than halved during the last 75 years. The figures, which were published recently the Flemish daily 'Het Laatste Nieuws' (March, 2006), showed that per capita consumption of beer in Belgium stood at just 95 litres per annum. The reason The Belgian Beer Association's Theo Vervloet told the paper that despite this fall, the breweries didn't want to encourage youngsters to start drinking early. Despite the disappointing figures, the Association of Belgian Breweries were against aggressive advertising campaign to force up the beer consumption within Belgium. It is estimated that the world consumes over 100billion liters of beer. Reports show that this value is on the rise due to an increased amount of under-aged drinkers and an increasing variety of beers. When it comes to beer, America is the greatest consumer, for people there ingest around 23billion liters annually. 23billion liters is equal to the quantity (in SI units) of 23gigaliters"(Johnny Alicea, Volume of World Beer Consumption, hypertextbook.com). Stella Artois, a Belgian brewery produces Pilsner beer that has a strong following not only in Belgium, but the whole of Europe and North America as well. 2.0 Industry Background Belgium is Beer country. Despite its size and population, Belgium is among the top beer producing countries in Europe. The Netherlands, France, Poland, and the United Kingdom are the others in Europe who can boast of more or equal production. (Refer EPISTILE Analysis, Appendices 1.0). The major players in Belgium who contribute to their beverage output for local consumption and exports are: Brasserie d'Achouffe, Affligem Brouwerij, NV Brouwerijen Alken-Maes, Brouweri Het Anker, Artois, Brasserie Du Bocq s.a., Brouwerij Bosteels, Chimay, Brouwerij De, Keersmaeker Brouwerij De Koninck, Brouwerij De Gouden Boom, Brouwerij De Ryck, Duvel Moortgat, Brouwerij Haacht, Brouwerij Hoegaarden, Van Honsebrouck, Brasserie Jupiler, Brouwerij Palm NV, Brouwerij Riva nv., Brouwerij Rodenbach, Brouwerij St.Bernard, Brasserie Union, Brouwerij Van Steenberge, 't Pakhuis, and Brouwerij Der Trappisten van Westmalle. (Pattinson, www.xs4all.nl). Abbey, Non-/low-alcohol, Amber, British type, Gueze/fruit, Luxe pils, Pils, Regional, Table Beer, Trappist, Wetbier, Sour, Strong golden were the different beer sold in and by Belgium. From the analysis of the report published in the "Het Brouwersblad" June 2004, p.12, and "Het Brouwersblad" June 2005, p.8, publications, the maximum production was of Pilsner, at a staggering figure of 7,044,252 out of 9,935,211hectolitres in 2003, and 6,930,525b out of a total of 9,702,619b Hectolitres in 2004 (Pattinson, www.x

Monday, November 18, 2019

Small-Business Opportunities Available Today Essay

Small-Business Opportunities Available Today - Essay Example (http://en.wikipedia.org/wiki/Small_business). There are certain types of difficulties faced by such businesses due to their small size. One of the most common reasons for bankruptcy is undercapitalization. This is mainly due to the bogus arrangement and not the financial circumstances; meaning that any business should have enough amount of money to run that business and a certain criteria is set up. If the required isn't done, then the company can suffer from bankruptcy. Along with the fact of having good amount of capital, the proprietor of the small business should have a good knowledge of gross margin, which are "sales minus variable costs." In order to work appropriately and efficiently, the business is required to achieve a standard of sales having gross margin surpass the "fixed costs." In United States, few of the important small business proprietors are in the field of "insurance costs, rising energy costs and taxes." While in United Kingdom and Australia, small business possessors are more into the field "with excessive governmental red tape." It can be a complicated task for a fresh and developing business to gain trust of customers. To overcome this complication, some associations like Better Business Bureau and the International Charter are proposing Small Business Certification, "which certifies the quality of the services and goods produced and can encourage new and larger customers." (http://en.wikipedia.org/wiki/Small_business). Comparing and Contrasting Two Small Business Firms The two small business companies which will be compared in this report are two different finance corporations running in United States. The first one is Southwestern Business Financing Corporation, operating in State of Arizona and Contiguous States. The second one is Chesapeake Business Finance Corporation operating in Kent and Sussex Counties. About the Firms Southwestern Business Financing Cooperation is a classified, non-profit company that gives "small businesses with long-term loans for owner-occupied fixed assets." This company is one of the two corporations of Arizona which is endorsed by the U.S Small Business Administration to create the SBA 504 loan to small businesses for construction of gigantic utensils from "$ 125,000 to $ 10,000,000." This company offers a "long-term, fixed-rate financing" with a decreased down payment. From the time when it was founded, SBFC has financed the purchase or building of over $500 million of buildings for small businesses. (http://www.swbfc.com/mission.cfmpagename=mission). Chesapeake Busines

Friday, November 15, 2019

Fake News and Online Regulations

Fake News and Online Regulations The dissemination of fake news by online is a threat to democracy. Should online platforms therefore be subject to regulatory control? Professional journalism plays an important role in our democratic societies by acting as a public watchdog over the concentrations of power, ensuring the accountability of these institutions, and informing us of important occurrences.[1] However, fabrication, fakery and falsehood have been a part of journalism since the first journalists put quill to parchment.[2] Therefore, statutory laws and regulatory bodies aim to ensure journalism is impartial and accurate. However, journalism today is experiencing fundamental transformation due to technological advancements; consequently, the public now acquires news through digital platforms as well as traditional sources. A 2016 survey found that 35% of people in the UK now use social media to access the news, for those under 35 years old, 41% used Facebook and 20% used Twitter as a weekly source.[3] Online platforms have created more news sources to larger audiences, but this has also opened floodgates of inaccurate information pouring into our news feeds by deskilled journalists. The phenomena of citizen journalism and ‘we media’ have accelerated the pattern of random and instantaneous digital dissemination of information.[4] These activities have contributed to blurring the lines between truth and falsehood, and created fake news, which puts professional journalism under pressure. On 30th January 2017, The Culture, Media and Sport Committee launched an inquiry into fake news and called for submissions to be made suggesting ways to respond to the phenomenon of fake news. Various regulatory bodies, and institutions including the LSE Media policy project have shed some light on this topic.[5] Fake news can be best understood as ‘the misinformation (the inadvertent sharing of false information) and disinformation (the deliberate creation and sharing of information known to be false)’.[6] These types of content are being created as a result of: poor journalism, parody, provocation, passion, partisanship, profit, political influence and propaganda.[7] They are published on news sites and listed by digital intermediaries (groups consisting of news aggregators, social networks, search engines, and digital application stores) [8] causing fake news to spread across the globe. The concerning issue is the channels through which most people gain their news from are currently subject to no statutory laws, editorial guidelines nor regulation by organizations such as the Independent Press Standards Organisation (IPSO). However, there is a wealth of evidence supporting the scale, dissemination and effects of fake news. The debate has gained significant prominence since the 2016 US presidential elections. Statutory regulation of digital intermediaries A YouGov survey commissioned by Channel 4 found that only 4% of people were able to correctly identify fake news.[9] This inability is concerning as many people, especially the young, acquire knowledge, and form opinions, by what they see and read on the internet. Statutory regulation would therefore be the most direct response to the challenge of fake news;[10] under this approach digital intermediaries would be treated as publishers even if they have not played an active part in the commissioning or presentation of such content.[11] Such an approach may be necessary as a study analysing how social media can improve citizens’ knowledge of political preferences proved that there is a remarkable ability for social media to forecast election results.[12] This proved to be the case during the EU referendum, where 7% of those that voted for Brexit regretted their choice later. [13] News reporters found voters claiming they voted leave because they believed lies or false promises[14]; it is most likely that the sources of these false statements were from unregulated online platforms. Therefore, enforcing legislation on digital intermediaries would hold these platforms directly accountable, ensuring they take their civic duty seriously.[15] Fake news is also a concern on Twitter where ‘Twitter bombs’ (the act of sending unsolicited replies to specific users via Twitter in order to get them to pay attention to ones cause), are being launched within days of the elections.[16] Despite Twitter’s attempts to shut them down it has been ineffective as these users create fake accounts, fake replies and fake grassroots movements.[17] These tweets target deskilled-journalists online, pressurising some to moderate their views. Democracy is threatened if people’s views are influenced by false statements in the guise of news. Aside from political motivations, the spreading of fake news was also noted by users retweeting fake images of the Hurricane Sandy disaster[18], and pictures of the of Osama Bin Laden’s dead body.[19] Such action usually goes unnoticed unless someone has detected and reported the issue. This response is different for newspapers because they are subject to the IPSO, or a similar body. Journalists employed by regulated publishers are required to uphold the values enforced in the Editors’ code of practice. This aims to ensure accuracy of information and a standard of professional journalism is maintained[20] . However, digital intermediaries are not held accountable by any body, like the IPSO, even though they have a large audience that is affected by fabricated stories. Therefore, it is crucial that these organisations take some responsibility in resolving this issue.[21] Without implementing any strict regulatory initiatives such incidences would occur daily and remain unquestioned, leaving users to believe false information. Statutory regulation would therefore fill the gap in the law, bringing clarity and holding digital intermediaries responsible for their part in disseminating fake news. There is no doubt that intermediaries play a dominant role in the global public sphere, but perhaps we need to address the question of whether we should continue to consider them as mere intermediaries.[22] Unlike news providers, intermediaries have no investment in journalism and are therefore more likely to filter out news. This limits users’ understanding of the world, as they are insulated from opposing views. The risk is that these ‘filter bubbles’ (restrictions of a users perspective) will promote misperceptions by hiding the truth,[23]   which supports the economic models of intermediaries because digital programmatic advertising follows users through their ‘clicks’, ‘shares’ and ‘likes’.[24] By learning from the past actions of a user, news feeds will only show similar material in their next use. Requiring digital intermediaries to change their approach by bursting this ‘filter bubble’ would not be in their commercial interests, as the bubble’s content is what keeps users engaged. Statutory regulation would therefore enforce strict rules on how intermediaries should enforce mechanisms to detect and filter fake news instead of opposing views. Moreover, ensuring impartiality and accuracy is important especially during election time. ‘A BuzzFeed News analysis found that top fake election news stories generated more total engagement on Facebook than top election stories from 19 major news outlets combined’.[25] This imbalance illustrates the significant role digital intermediaries play in today’s society, and therefore it is particularly concerning if their news content is fake. If newspapers and broadcasting media organisations are obliged to follow strict guidelines on impartiality[26] and accuracy, then why should it be any different for online platforms?   For example, Section 319 of the Communications Act 2003 requires TV and radio broadcasters to comply with the standard objectives set by Ofcom. This includes, reporting ‘with due accuracy’ and not ‘misleading’;[27] furthermore, Parliament ‘requires Ofcom to develop rules with respect to broadcasters’ wider editorial coverage of elections’.[28] Similar regulations on intermediaries would ensure information is not personalized to a user’s preferences, thus maintaining impartiality and accuracy, whilst avoiding the risk of disseminating fake news to users. Statutory regulation of online news providers The dissemination of fake news by online news providers has proven to be a great concern as anonymous individuals are inventing fake news for the purpose of generating clicks and earning revenue.[29] Such behavior has been identified in Macedonia, where teenagers were found to be making money by creating fake news on US presidential candidates and promoting it via social media.[30] If statutory regulation is placed on digital intermediaries, then the same could be done for online news providers, as the same news from online news providers will be shared via digital intermediaries. This was proven to be the case as various US sites claimed to be exposing ‘Russian propaganda’,[31] was shared via other online platforms which influenced voter behavior in the US elections.[32] Examples such as as this suggest ‘misleading, biased propaganda’ is also part of the fake news phenomenon.[33] It is therefore important to set statutory regulations for both, as this type of de-skilled citizen journalism is a threat to democracy especially because people’s views are being influenced by biased and inaccurate information.[34] Furthermore, news outlets that only have an online presence, such as AOL news, Vice, and Huffington Post, are not subject to any regulatory controls as they are not members of regulatory bodies like IPSO;[35] even though they are subject to some statutory control such as defamation,[36] copyright[37] and data protection laws,[38] control is not the same as the additional regulatory standards most UK press (with a physical and online presence) comply to. Without belonging to any recognised regulator, publishers may have to pay exemplary damages under the Crime and Courts Act for defamation or other relevant claims;[39] therefore, it would be in the interests of online publishers to join a recognized regulatory body. Interestingly, Wikipedia recently banned Daily Mail as an unreliable source and excluded it as a source of reference. Wikipedia claimed the newspaper to have a ‘reputation for poor fact checking and sensationalism’.[40] These claimed characteristics are another concern for UK journalism, as IPSO regulates Daily Mail (Associated Newspapers Limited) [41] yet they are still being labelled as an unreliable source. This indicates the ineffectiveness of IPSO as it failed to ensure the credibility of a publisher they regulate. Such failures generate an inclination towards statutory regulation of online news providers as regulatory bodies are not enough, to ensure that newspapers report accurately and without exaggeration. Not only do such flaws lose the public’s trust in professional journalism’ but they also create a society that is vulnerable to fake news. There is also no evidence to suggest that the levels of   accuracy are rising or that the self-regulatory bodies set up by the major publishers, and IPSO, are having any identifiable positive effect.[42] Hence, it may be necessary to set up statutory regulations of online news providers which will create a more direct and stringent approach to tackling fake news. The Leveson Report[43] suggested that such statutory regulation would be necessary to underpin the process of recognition, and reinforce the importance of statutes guaranteeing press freedom.[44] However, three years on from the publication of the Leveson Report, the landscape of press regulation is still fragmented and confused,[45] and it may therefore be necessary to re-consider these suggestions. The implementation of statutory regulation, combined with independent regulatory bodies, should be extended to intermediaries and online news providers. Such a framework is an essential stepping stone towards a regulatory regime that is entirely fit for purpose in this new era. The negative issues with this initiative would include costs, and whether a consensus by major publishers and online platforms can be formed. Self-regulation by digital intermediaries An alternative to statutory regulations would be to enforce a self-regulatory system for digital intermediaries which would allow them to have significant control in filtering fake news according to methods they believe are most effective. Mark Zuckerberg, although first dismissing the idea that fake news influenced the US election, later acknowledged the role of social media in helping promote fake news, and proposed ways in which Facebook could help resolve this issue.[46] Actions include taking an approach that ‘will focus less on banning misinformation, and more on surfacing additional perspectives and information, including that fact checkers dispute an items accuracy’.[47] Other ways Facebook could reduce fake news without resorting to  censorship include; nudging, crowdsourcing and reducing the algorithmic bias.[48] Nudging involves monitoring what users are writing in a new post; if the content includes words they may regret posting, it notifies them. Crowdsourcing allows users to evaluate news sources by indicating ratings. Lastly, the most important solution is to reduce the algorithmic bias. This involves trying to diminish filter bubbles that create an â€Å"echo chamber†, where similar ideas bounce around endlessly which is a problem when the echo chamber blocks out corrective or fact-checking information.[49] Although, some digital intermediaries have already taken steps to tackle the issue of fake news, it would be ineffective to give them sole responsibility. More useful would be to establish a governance mechanism, such as an independent board, that could check whether the algorithms accord with acceptable principles.[50] This view is supported by the Trust Project, which suggests that algorithms alone will struggle to root out fake news, unless they can quantify indicators of trust elements, which can help set a ‘kitemark’ for trustworthiness.[51] This suggestion includes being able to distinguish the intentions behind the news, and whether it is genuine, or inaccurate reporting. Therefore, remedies based solely on technological fixes or market-driven corrections will not, on their own, address these problems. Additionally, judgments of this kind need to be carefully reviewed hence, an independent body should be established to perform this role. This approach will ensure tech platforms maintain transparency in the work they carry out to tackle this public issue. Firstly, there is no guarantee that only one country’s statutory regulation would work as technologic advancements allow users to create and access online news sites from anywhere in the world. If users can create fake news, they can create fake identities, which raises ‘concerns for verification, accountability and accuracy’[52]; therefore, alternative solutions may be needed to tackle the problem effectively. This view is supported by Dr Tambini from the LSE, who states that the unprecedented number of fake news sites is a huge and far-reaching problem that cannot be dealt within existing legal categories.[53] Therefore, a possible solution to tackling fake news would be to establish a global regulatory body that could operate across borders. Taking such an approach would not hinder the freedom of expression nor create restrictive frameworks, as a global collective regulatory body would find common ground, respecting the rights of all democratic institutions, and ensure that accuracy of information could be maintained across online platforms. Whereas, it would be difficult to establish statutory regulation without hindering the right to freedom of speech, which must be balanced against the risk of giving states excessive powers over the expression rights of individuals and organizations creating such content.[54] ‘The only category where there may be an argument for statutory regulation is the category of deliberate falsehood with intent to compromise national security’.[55] However, such a high standard will be difficult to meet and not tackle the phenomena of fake news. Instead a global regulatory system is more likely to create an effective solution that can monitor all types of fake news. However, the major concern with creating a global regulatory body is forming a consensus to establish one, and deciding some universal criteria of what constitutes as fake news. Regardless of the flaws in a global regulatory body, it is likely to be the most effective solution for a global problem. A further concern that must be addressed is the misuse of the term ‘fake news’. The term ‘fake news’ has been used by public figures and politicians to justify politically motivated attacks on journalists and press freedom.[56] ‘What was once considered a symbiotic relationship between politics, media and the public is turning from a Golden Triangle into a Bermuda Triangle’. [57] Representatives from the White House and President Trump have used this term on numerous occasions to accuse media reports that oppose Trump’s views.[58] Moreover, in the UK, headlines such as, ‘we invested  £10bn extra in the NHS last year’, and claims that, ‘Corbyn would order Labour MPs to vote for the government’s bill triggering Article 50’,[59] were later found to be false. Nonetheless journalists claim to have correctly interpreted quotes from politicians, but due to the lack of clarity, and changing views of the politicians, their journalism was labelled as ‘fake news’.[60] This labelling is no fault of their own, but it definitely damages their reputation as credible sources in the eyes of the public. A global regulatory body could establish mechanism which safeguard online journalists and individuals that may have complaints to online content. These mechanisms would be similar to the way the press is currently protected by regulatory bodies such as IPSO, Ofcom, and Advertising Standard Authority which provide all individuals with a complaints procedure to resolve disputes.[61] For online news sites created by individuals, however such protections and remedies are not available. In these cases, the only way the news sites could safeguard themselves from possible accusations of creating false news would be to become members of such bodies. A global regulatory body could protect and hold online journalists accountable for their reports, and scrutinise claims by politicians in the public eye. This protection could be extended to the existent online press, to further safeguard them from accusations and ensure accuracy. Traditional gatekeeping mechanisms, such as national statutory laws and self-regulatory frameworks, can ensure online platforms are subject to similar frameworks as newspapers and the broadcasting media are, but this approach would ultimately fail because the internet has no borders- allowing online platforms to operate globally, across multiple jurisdictions.[62] Fake news created in a different country, would still be accessible and impact users from other countries, (as proven to be the case with Macedonia). Therefore, the issue of fake news can only be tackled effectively by all democratic institutions through the creation of a global regulatory body. Bibliography Allen Nick and Lawler David, Donald Trump says fake media is enemy of the people they have no sources, none (The Telegraph, 24 February 2017) accessed 13 April 2017 BBC, Donald Trump aide accuses BBC of fake news (BBC News, 17 February 2017) accessed 13 April 2017 BBC, Fake news: How can African media deal with the problem? (BBC News, 16 February 2017) accessed 11 April 2017 Bfi, Regulation and Censorship (Bfi.org.uk, 2014) accessed 11 April 2017 Broersma M.J and Peters Chris, Rethinking Journalism Trust and Participation in a Transformed News Landscape (Routledge, 2013), pp 15 Byrne Andrew, Macedonia’s fake news industry sets sights on Europe (www.ft.com, 16 December 2016) accessed 11 April 2017 Ceron Andrea, Curini Luigi, M Iacus Stefano, Porro Giuseppe, Every tweet counts? How sentiment analysis of social media can improve our knowledge of citizens’ political preferences with an application to Italy and France [4 April 2013] 16(2) New Media & Society, pp 340-358 Dearden Lizzie, Brexit research suggests 12 million Leave voters regret their choice in reversal that could change result (The Independent, 1 July 2016) accessed 13 April 2017 Fenton Natalie, New Media, Old News, (Sage Publications Ltd, 2009) pp.10 Garrett R.Kelly, Facebooks problem is more complicated than fake news (The Conversation, 17 November 2016) accessed 11 April 2017 Gilad Lotan, Fake News Is Not the Only Problem (www.points.datasocietynet, 23 November 2016) accessed 11 April 2017 Goldsbie J, Craig Silverman, the man who exposed the fake-news racket in 2016 (NOW Magazine, 22 December 2016) accessed 11 April 2017 Goodfellow Jonathan, Only 4% of people can distinguish fake news from truth, Channel 4 study finds (The Drum, 6 February 2017) accessed 11 April 2017 Goodman Emma, How has media policy responded to fake news? (LSE Media Policy Project, 7 February 2017) accessed 11 April 2017 Gupta Aditi, Lamba Hemank, Kumaraguru Ponnurangam, Joshi Anupam, Faking Sandy: characterizing and identifying fake images on Twitter during Hurricane Sandy [2013] In Proceedings of the 22nd International conference on World wide web, WWW ’13, pp 729-7637 Heawood Jonathan, Independent and effective? The post-Leveson framework for press regulation [2015] 7(2) Journal of Media Law pp 130-144 Impress, IMPRESS Submission on Fake News (Impress press, 10th March 2017) accessed 11 April 2017 Ipso, Editors’ Code of Practice (The Independent Press Standards Organization, accessed 10 April 2017 Ipso, UK Regulated publications (Ipso.co.uk) accessed 13 April 2017 Jackson Jasper, Wikipedia bans Daily Mail as unreliable source (Guardian.com, 8 Feb 2017) accessed 13 April 2017 Johnson Adam, Fairness and Accuracy in reporting (Why Are Media Outlets Still Citing Discredited ‘Fake News’ Blacklist? (Fair.org, 1 December 2016) accessed 9 April 2017 KCL Centre for the study of media, communication and power, Submission to: Consultation on the Leveson Inquiry and its Implementation Department for Culture, Media and Sport and the Home Office (Kcl.ac.uk, 2016) accessed 11 April 2017 KCL Centre for the study of media, communication and power, Submission to: Inquiry into Fake News (Kcl.ac.uk, 16 February 2017) accessed 11 April 2017 Lord Justice Leveson, An Inquiry into the Culture, Practices and Ethics of the Press’ (www.gov.uk, 2012) accessed 16 April 2017 Mcnair Brian, Fake news – a user’s guide (The Conversation, 6 March 2017) accessed 11 April 2017 Mcnair Brian, Journalism and Democracy: a millennial audit [2000] 1(2) Journalism Studies pp 207 Metaxas T. Panagiotis and Eni Mustafaraj, Manipulation of social media affects perceptions of candidates and compromises decision-making [26 Oct 2012] 338 (6106) Social Media and the Elections pp 472-473 National Union of Journalists, NUJ submission to the CMS parliamentary select committee inquiry on fake news (www.nuj.org.uk, February 2017) accessed 11 April 2017 Nelson Steven, ‘Publications Called Russian-Propaganda Distributors Consider Suing Anonymous Experts’, (US News, 29 November 2016) accessed 9 April 2017 Newman Nic, H.Dutton William, Blank Grant, Social Media and the News: Implications for the Press and Society (OUP 2014) pp.139 NMA, CMS Select Committee ‘Fake News’ Inquiry: NMA Response (News.media.uk.org, 30 March 2017) accessed 11 April 2017 NMA, CMS Select Committee ‘Fake News’ Inquiry: NMA Response (Newsmediaukorg, 30 March) accessed 11 April 2017 Ofcom, Review of Ofcom list of major political parties for elections (Ofcom.org.uk, 16 March 2015) accessed 12 April 2017 PA, Can the law do anything to stop fake news? (Aol.co.uk, 12 Dec 2016) accessed 11 April 2017 Public relations and communications association (PRCA), PRCA response to the CMS Committee’s ‘Fake News’ Inquiry (Prca.org.uk, 6 March 2017) accessed 11 April 2017 Robbins Martin, Fake news and fact-checking: Trump is demonstrating how to outsmart an AI (Theguardiancom, 31 January 2017) accessed 13 April 2017 Sievers Bruce and Schneider Patrice, The Civic Media Crisis and What Philanthropy Can Do (SSIR) (Stanford Social Innovation Review 8 March 2017) accessed 8 April 2017 Singer-Vine, Most Americans Who See Fake News Believe It (Buzz Feed News, 7th December 2016) accessed 13 April 2017 Stromer-galley Jeremy, Three ways Facebook could reduce fake news without resorting to censorship (The Conversation, 2 December 2016) accessed 13 April 2017 Tambini Damian, Fake News: Public Policy Responses, LSE Media Policy Project Series, (2017) pp13-15 The Trust Project Org, (thetrustproject.org, 2016) accessed 13 April 2017 Thompson Clive, Why Facebook and Twitter have a civic duty to protect us from fake news (WIRED UK, 24 February 2017) accessed 11 April 2017 UK Parliament, Select Committee on Communications Corrected oral evidence: Children and the Internet (Dataparliamentuk, 22 November 2016) accessed 11 April 2017 UK Parliament, Social Media and Access to Information (UK Parliament, Jan 2017) accessed 11 April 2017 Wahl-Jorgensen Karin, Hintz Arne, Dencik Lina, Bennett Lucy, Journalism, citizenship and surveillance [2017] 5(3) Digital Journalism pp 256-261 Wardle Claire, ‘Fake news It’s complicated’, (First Draft News, 16 February 2017) accessed 9 April 2017 Wise Michael, News Plurality and Digital Intermediaries European Journalism Observatory- EJO (European Journalism Observatory EJO, 28 August 2012) accessed 13 April 2017 Zuckerberg Mark, Building Global Community (Facebook.com, 16 February 2017) accessed 11 April 2017 [1] Wahl-Jorgensen et al, Journalism, citizenship and surveillance [2017] 5(3) Digital Journalism pp.256-261 [2] Brian Mcnair, Fake news – a user’s guide (The-Conversation, 6 March 2017) accessed 11/April/2017 [3] UK Parliament, Social Media and Access to Information (UK-Parliament, Jan 2017) accessed 11/April/2017 [4] Siervers and Schneider, The Civic Media Crisis and What Philanthropy Can Do (Stanford Social Innovation Review, 8 March 2017) accessed 8/April/2017 [5] Emma Goodman, How has media policy responded to fake news? (LSE-Media-Policy-Project, 7 February 2017), accessed 11/April/2017 [6] Claire Wardle, ‘Fake news It’s complicated’, (First Draft News, 16 February 2017), accessed 9/April/2017 [7] Ibid [8] Michael Wise, News Plurality and Digital Intermediaries-EJO (European Journalism Observatory-EJO, 28 August 2012), accessed 13/April/2017 [9] Jessica Goodfellow, ‘Only 4% of people can distinguish fake news from truth, Channel 4 study finds’ (The Drum, 6 February 2017), accessed online 11/April/2017 [10] Impress, IMPRESS Submission on Fake News Page , (Impress press, 10th March 2017) accessed 11/April/2017 [11] Ibid [12] Ceron et al, Every tweet counts? How sentiment analysis of social media can improve our knowledge of citizens’ political preferences with an application to Italy and France [4 April 2013] 16(2) New Media & Society, pp.340 358 [13] Lizzie Dearden, Brexit research suggests 12 million Leave voters regret their choice in reversal that could change result (The Independent, 1 July 2016) accessed 13/April/2017 [14] Ibid [15] Clive Thompson, Why Facebook and Twitter have a civic duty to protect us from fake news, (WIRED UK, 24 February 2017), accessed 11/April/2017 [16] Metaxas et al, Manipulation of social media affects perceptions of candidates and compromises decision-making [26 Oct 2012] 338(6106) Social Media and the Elections pp.472-473 [17] Ibid [18] Gupta et al, Faking Sandy: characterizing and identifying fake images on Twitter during Hurricane Sandy [2013] In Proceedings of the 22nd International conference on WWW ’13, pp.729-7637 [19] Newman et al, Social Media and the News: Implications for the Press and Society, (OUP, 2014), pp.139 [20] Ipso, Editors’ Code of Practice, (The Independent Press Standards Organization), accessed 10/April/2017 [21] UK Parliament, Select Committee on Communications Corrected oral evidence: Children and the Internet (Data.parliament.uk, 22 November 2016), accessed 11/April/2017 [22] NMA, CMS Select Committee ‘Fake News’ Inquiry: NMA Response (News.media.uk.org, 30 March 2017), accessed 11/April/2017 [23] R.Kelly Garrett, Facebooks problem is more complicated than fake news (The Conversation, 17 November 2016), accessed 11/April/2017 [24] Ibid [25] BBC, Fake news: How can African media deal with the problem? (BBC News, 16 February 2017), accessed 11/April/2017 [26] Brian Mcnair, Journalism and Democracy: a millennial audit [2000] 1(2) Journalism Studies pp.207 [27] Communications Act 2003, Section 319(2)(d) and (h)†¨ [28] Ofcom, Review of Ofcom list of major political parties for elections (Ofcom.org.uk, 16 March 2015), accessed 12/April/2017 [29]   Jonathan Goldsbie, Craig Silverman, the man who exposed the fake-news racket in 2016 (NOW-Magazine, 22 December 2016) accessed 11/April/2017 [30]   Andrew Byrne, Macedonia’s fake news industry sets sights on Europe (www.ft.com, 16 December 2016), accessed 11/April/2017 [31] Steven Nelson, ‘Publications Called Russian-Propaganda Distributors Consider Suing Anonymous Experts’, (US-News, 29 November 2016), accessed 9/April/2017 [32]Adam Johnson, ‘Why are media outlets still citing discredited Fake News Blacklist?’, (FAIR, 1 December 2016)

Wednesday, November 13, 2019

Both Liberals and Conservatives Oppose Human Cloning :: Argumentative Persuasive Topics

Both Liberals and Conservatives Oppose Human Cloning      Ã‚   The reporting of the debate over human cloning is usually portrayed as a contest between religious opponents of abortion and medical researchers striving to benefit humankind. The stereotype was epitomized in a January 17, 2002, Washington Post story by science reporter Rick Weiss. Implying that opponents of human cloning are the moral equivalent of the Taliban, Weiss wrote:    "In November, researchers announced that they had made the first human embryo clones, giving immediacy to warnings by religious conservatives and others that science is no longer serving the nation's moral will. At the same time, the United States was fighting a war to free a faraway nation from the grip of religious conservatives who were denounced for imposing their moral code on others."(Washington)    The Post ombudsman gently rebuked Weiss for his "real or perceived bias," but the fact that he made the comparison, and that no editor removed it, is revealing.    In reality, the opponents of human cloning are not so easily categorized. For one thing, they include many secular activists associated with the pro-choice left. Last year, in a lopsided bipartisan vote, the House of Representatives passed the Weldon bill (H.2505), which would outlaw both research and reproductive human cloning. Among those supporting the ban were 21 House members whose voting records on abortion were at least 75 percent pro-choice as scored by the National Abortion Rights Action League (NARAL).    Now, 68 leftist activists have signed a "Statement in Support of Legislation to Prohibit Cloning." Among them are such notables as activist Jeremy Rifkin, New York University professor Todd Gitlin, novelist Norman Mailer, Commonweal editor Margaret O'Brien, Abortion Access Project director Susan Yanow, New Age spiritual leader Matthew Fox, and Judy Norsigian, author of the feminist manifesto "Our Bodies, Ourselves."    Among arguments against the cloning of human life, these leftists stress the "commercial eugenics" that the new technologies threaten to unleash. They write:    "We are also concerned about the increasing bio-industrialization of life by the scientific community and life science companies and shocked and dismayed that clonal human embryos have been patented and declared to be human "inventions." We oppose efforts to reduce human life and its various parts and processes to the status of mere research tools, manufactured products, commodities, and utilities."(Prepared)    These are points that conservative opponents of cloning have been making for a long time, with limited effect thanks to the media's obsession with the politics of abortion.

Sunday, November 10, 2019

Hamlet the Passive Intellect

The actions and events in Shakespeare’s Hamlet revolve around Hamlet’s inactivity. Without Hamlet's hesitation, constant thought, and internal deliberation, the plot would proceed directly from Hamlet’s meeting with the Ghost to his murder of Claudius. Hamlet’s philosophical strifeheightens the complexity of his life issues and intensifies the depth of his dilemma. Hamlet’s over-intellectualization coupled with his passive tendencies paralyzes his ability to act, locking him in an inescapable prison of his own inner consciousness. Hamlet's over-intellectualization begins with his questioning of the ghost's identity. When first told by Horatio that the ghost of his father haunts the battlements, Hamlet interrogates him obsessively to obtain every relevant detail to satisfy his intellectual curiosity. He  fires  a volley of questions at Horatio, ranging from whether his countenance is â€Å"pale or red† to how long it â€Å"fixed eyes upon [Horatio]† (1. 2. 250). His desire to dispel uncertainty and further his knowledge escalates in the physical encounter with the ghost. Rather than accepting his vision for granted, Hamlet examines the validity of his perceptions by debating whether the ghost of â€Å"a questionable shape† is â€Å"wicked or charitable† (1. . 45-46). Hamlet initially pronounces to the ghost that he will â€Å"wipe away all trivial, fond records, all saw of books, all forms, all pressures past, that youth and observation copied there,† declaring his resolution to act (1. 4. 108). However, when he reconvenes with his friends, he entreats them â€Å"never make known what you have seen tonight† (1. 5. 160). Instead of seeking for an immediate collective action to avenge his father’s â€Å"unnatural murder,† he chooses to prolong the process to devise an elaborate scheme within his own mind. He forestalls action—be it his friends’ or his own—to contemplate the implications of his experience. He concludes by cursing the fact that he â€Å"was born to set it right†Ã‚  Ã‚  (1. 5. 211). The ghost’s revelation places him in a position where he must be the agent of action, whose filial responsibility is to affect justice and kill Claudius. Hamlet’s dilemma, then, stems from the need to become an avenging son while being a naturally passive intellectual. Hamlet addresses his dilemma in greater depth by engaging in a rigorous, intellectual process, which ironically perpetuates the vicious cycle of inactivity. In his conversation with Rosencrantz and Guildenstern, he confesses, â€Å"thinking makes it so. To me it is a prison† (2. 2. 270). Hamlet finds himself imprisoned by his intellect, as he â€Å"must like a whore unpack [his] heart with words† (2. 2. 614). He cannot act by heart because he is bound to â€Å"unpack† his actions with reason first. He berates himself as â€Å"a rogue and peasant slave† and â€Å"John-a-dream, unpregnant of my cause, and can say nothing† (2. 2. 576-595). Hamlet recognizes that he is not taking any decisive action to dutifully avenge his father’s death in staying within his comfort zone of intellectualism. As he articulates and explores his conflict of conscience, he concludes, â€Å"Thus conscience does make cowards of us all and thus the native hue of resolution is sicklied o’er with the pale cast of thought, and enterprises of great pitch and moment†¦lose the name of action (3. 1. 91-96). Hamlet reaffirms that his constant moralizing and philosophizing stymie the very action he strives for. The inexorable clash between his predisposition for sedentary contemplations and the filial imperative to actively seek revenge results in such strong feelings of self-loathing that he considers â€Å"shuffl[ing] off the mortal coil† (3. . 75). Committing suicide would proactively end his suffering, but he problematizes even that possibility as an unacceptable transgression against â€Å"[God’s]  canon ‘gainst self-slaughter! † (1. 2. 136). Ironically, this very soliloquy devoted to meditating on his passivity epitomizes his inaction; rather than coming u p with pragmatic solutions to end his dilemma, he explores and wallows in self-pity, which in turn exacerbates the intensity of his conundrum. Hamlet is so preoccupied with the enormous intellectual activity in his head that he closes himself off from all action in the external world.

Friday, November 8, 2019

10 of the Most Annoying Things about Working in Retail

10 of the Most Annoying Things about Working in Retail Even if you love your career in retail, the common truth is that it can really be a thankless job. It’s wrongly considered a job that â€Å"anyone† could do, but it takes a lot of stamina, skills, and smarts to juggle the many elements of the gig successfully, and with grace. Here are some of the biggest annoyances that often come with retail gigs.1. â€Å"The Customer is Always Right.†That’s just not true. You’ve seen rude customers in stores before, right? As the poor employee  working behind the counter, you have to smile and appease that rude person. You  have to keep your cool while being berated. It’s hospitality under fire. And if a customer walks in five minutes before you’re scheduled to close, then that’s your problem.2. Working Double ShiftsYou’ll often have to work a 12  to 16  hour shift†¦ for minimum wage. And you’ll be standing. The whole time. And a lot of opening hours are early. That means you need to be there two and a half hours prior to open to make sure inventory is done and things are spic and span.3. Old PeopleOld people are lovely, but sometimes someone will come in and pay with a combination of pennies and coupons that they dig out of their purse. Meanwhile the line backs up around the aisles or denim displays and the other customers are growing increasingly irate.4. The SoundtrackSeriously. You get sick of the music within five minutes of shopping. Imagine having to listen to it for hours on end, day after day, month after month.5. Mandatory â€Å"Uniforms†You can’t afford the clothes you sell, even with the 10% employee discount, but still you’re required to wear them. Maybe the company should be required to pay you more, hmm?6. Working HolidaysYou know how you look forward to holidays and three-day weekends and vacations? Yeah, you don’t get those in retail. Because those stores never close. The world doesn’t care if you are fasting for Ramadan, or missing Christmas dinner. You’re working.7. Being Treated Like You’re InvisibleCustomers, even nice customers will often treat you like you aren’t a real person. They’ll be on their phones. They’ll be mumbling at you like you aren’t human. They certainly don’t bother looking at your name tag to ask how your day is going.8. Silly RulesSometimes your company will require you to show up 10 minutes before your shift starts- but won’t compensate you. Sometimes they make stupid rules like outlawing talking between employees. Like that makes employees more positive in their demeanor.9.  Misplaced AngerCustomers hold you personally responsible when things run out of stock. Do they realize you’re not the one that does the ordering? They also get mad if an item was put back on a sale rack by accident, but gets rung up at full price.10. The Pile of Clothes in the Dressing RoomSeriously. Theyâ€⠄¢re not even right-side out.

Wednesday, November 6, 2019

Buoyancy Lab Report Essays

Buoyancy Lab Report Essays Buoyancy Lab Report Paper Buoyancy Lab Report Paper From information learned in the accompanying Fluid Mechanics lecture course, basic formulas can be applied to solve for the specific weight of the object in question. The experiment performed will involve the buoyancy principle and include calculating the volume displaced of a submerged object. This is laboratory experiment under a controlled environment. The results of this experiment can be found by using the weight of each object when dry as well as submerged in water in order to determine the specific weights of the objects. This concludes the Archimedes principle to be true in that the collected values were very close to those of the available accepted data for the respected materials. These findings will likewise set the basis for fluid mechanics study to come during the remainder of this course. Objective Introduction: The objective of this lab experiment is to gather enough information to be able to use the buoyancy principle to determine specific weight of multiple objects. Submarines apply Archimedes Principle when changing depth. A submarine ivies deeper by opening its ballast tank, collecting enough water to increase the submarines weight to an amount greater than the buoyant force. By pushing water out of the ballast tanks, the submarine becomes lighter than the buoyant force, allowing the submarine to rise. Archimedes Principle is used in everyday industries which involve buoyancy, to include watercraft, weather balloons, and even life-preservers. It is necessary to know whether or not something will float, as intended, or sink below the surface of the fluid in which it is In the year 250 B. C. Greek mathematician Archimedes of Syracuse published On Floating Bodies, a book containing various scientific and mathematical principles which he had scrutinized and eventually proved through rigorous trial and error While never fully verified, the legend of the buoyancy principle was verified by Archimedes himself after noticing the water level rise after stepping into his bathtub one night. His exclamation of Eureka! , Greek for l found it marked this significance and had been used as a verbal mark for discovery in the English language ever since. In modern engineering, Archimedes principle can be seen in nearly every real world application. In the basic sense, calculations for ocean- going vessels are wholly dependent on the buoyancy principle. For a more broad sense, the principle of material composition verification can nearly always come back to soaking and floating an object. And for a more abstract outlook, the floating of blimps, balloons, and lighter-than-air craft is dependent on the fact that their specific weight is equal to their weight displaced divided by their displaced volume. Theory Experimental Methods: Archimedes Principle states that objects in a specific medium (i. E. Air or water) experience an upward force known as buoyant force. In order for something to stay afloat, this force must be equal in magnitude or in the case of lift with a hot-air balloon, greater than, the weight of the volume displaced by that object. Moreover, this amount of substance or in the case of this experiment; the water (or fluid) displaced will be equal to the volume of water displaced divided by the specific weight of the object.

Monday, November 4, 2019

Summary Analysis about Cape Verde Essay Example | Topics and Well Written Essays - 1750 words

Summary Analysis about Cape Verde - Essay Example Cape Verde is a member of the Economic Community of West African States (ECOWAS) and the World Trade Organization (WTO). As a result of all the mentioned factors, there has been increased tourism, American and European trade, and investment in Cape Verde in recent years. The Cape Verde government is happy with the nation’s development, and it has therefore taken the initiative to further develop the economy of Cap Verde. After a lot of evaluation and consultation, the government decided that establishment of an aviation hub in Cape Verde will lead in the attainment of further economic development. The government chose Dubai as a blueprint for their undertaking. The project is a long-term plan that will be executed in three phases. The first phase will involve investment of 310 million Euros and generation of 15,000 new construction jobs (â€Å"Dubai International Airport,† ameinfo.com).The second phase will involve the development of a fully operational airline and airp ort, while the third phase will involve investment of an additional 3billion Euros (â€Å"Dubai International Airport,† ameinfo.com) to ensure the creation of a consumer centered and commercially oriented strategic aviation hub. The establishment of an aviation hub similar ton Dubai in Cape Verde is a viable project. This is because it will promote trade, tourism, hospitality, and travel, which are the key sectors that drive growth in Cape Verde. The competitiveness of Cape Verde’s economy will also be enhanced, foreign direct investment will be enhanced, local companies in Cape Verde will be integrated into the global business community, and more jobs will be create. The establishment of an aviation hub in Cape Verde will have a great effect on the economy of Cape Verde and Africa in general. 2. Chinese Ambassador says that Cape Verde may get Chinese-African Trade Zone Beijing authorities plan to establish six special trade areas in Africa. According to a speech by Su n Rongmao, who is the Chinese ambassador to Cape Verde; Cape Verde may be selected as one of the six special trade areas. Sun supports the selection of Cape Verde due to its strategic geographical location. Sun added that he, together with the Chinese Embassy in Cape Verde were making great efforts to ensure that the Chinese government selects Cape Verde among the six trade areas. However, the decision by the Chinese government would depend on a number of other factors such as Cape Verde’s links to other African nations and the nation’s infrastructure. Jorge Borges, the foreign minister of Cape Verde emphasized on Cape Verde’s interest to Beijing authorities in holding the special trade area. He also emphasized on the nation’s strategic geographical location between Europe and the Americas, social stability, and the peace that abounds, making it favorable for economic undertakings. The support of Cape Verde’s selection as an African Economic Zone b y the Chinese ambassador and the Chinese Embassy in Cape Verde is a great step in the attainment of Cape Verde’ s economic goals. Cape Verde’s interest in becoming an African Economic Zone is also a considerable factor. Another advantage comes from the fact that the nation’s geographical location is no doubt strategic and will promote businesses in Africa, Europe, and the

Friday, November 1, 2019

Econometrics Assignment Example | Topics and Well Written Essays - 1250 words

Econometrics - Assignment Example Frequently Box and Jenkin’s is an iterative method and there may be competing candidates to describe a series. To achieve stationarity or remove trend two techniques are usually applied. The first one involves fitting either a parametric model or a spline function. In this case the ARMA model is applied to the residuals. Alternatively, Box and Jenkins recommended taking suitable differences of the process to achieve stationarity. Here the assumption is that the original series is ARIMA and the difference gives rise to the ARMA series. To determine whether the series has been reduced to a stationary series, one may look at the autocorrelations. For a stationary series, the autocorrelation sequence would converge to 0 quickly as lag increases. The time plot given in Figure 2 is already a stationary series as there is no evidence of any trend. Both autocorrelation plot and partial autocorrelation plot need to be looked at simultaneously. The partial autocorrelation become 0 at lag p+1 or greater when the process is AR(p). Strictly speaking the largest PAC is at lag 2 and the second largest at lag 24. These are the only two significant partial autocorrelations. When consider the ACF at lag 24, no significance is noted. However at lag 16 ACF is significant, but no corresponding significance is noted in PACF. The two components of the observation vector y, the predicted part X ÃŽ ²-hat, and the residual y - X ÃŽ ²-hat are orthogonal. They are uncorrelated and since they follow multivariate normal distribution, they are also independent. Any function of the predicted random vector and any function of the residual vector will also be independently distributed. Using (9) and (12) given in Lecture 5 and using the result that ratio of two independent chi-square variables divided by their respective degrees of freedom, follows an F distribution with proper d.f. the F-statistic for testing parameter of linear regression