Friday, January 31, 2020

Gender Roles in The Thin Man Essay Example for Free

Gender Roles in The Thin Man Essay The period of the 1930s was an offshoot of the â€Å"roaring twenties† or the â€Å"jazz age†, a time when women gained a heightened sense of prominence in the society after the First World War saw young men leaving their homes and their work in response to the nation’s call to arms (Freedman, 1974, p. 374). Towards the end of the war and at the beginning of the 1930s, women became more in control of their liberty, proof of which is their newly recognized right to suffrage (Murphy, 1996, p. 52). They became regular members of the social workforce, thereby giving them a renewed sense of control over their lives. The â€Å"flapper†Ã¢â‚¬â€young women who defied the norms of what a conservative woman is by engaging in casual sex and wearing short skirts, among others—took the center stage, so to speak. As for men, such circumstances only brought them closer to the temptation of pleasing the opposite sex. This is clearly portrayed in the 1934 film The Thin Man. In the film, Nick Charles and his wife Nora represent the life of married couples whose lives are characterized primarily by the attitudes of the social elites—fun meant enjoying martinis and sleuthing. In a way, the couple captures the gender roles of each partner during the 1930s. Nora was a wealthy heiress who had almost everything at her disposal. She was beautiful and seemed to have a passion for adventure owing largely to her living a life of liberty. She was the 1930s woman who saw life as the ultimate provider of adventure in all its daring forms. Nick was a handsome man and a retired private detective who previously investigated and solved murders. He was the 1930s man who was deeply entrenched with his passion for resolving issues no matter what it takes, much to the amusement of the female partner. In fact, Nora was more than delighted upon knowing that Nick accepted the task of investigating the disappearance of his friend Clyde Wynant and the death of Clyde’s former girlfriend, Julia Wolfe. It leaves little room to speculate that Nora was indeed the typical 1930s woman who seized her liberty as if it would never run out, putting her self to risky situations together with her man. She portrayed the woman who embraced the â€Å"flapper† culture with open arms, spending her time drinking alcohol or romantically engaging her partner. While she remained supportive of Nick like a female partner might usually commit herself into, she was on her own a liberal minded individual. For the most part, Nick played the role of the adventurous husband which perfectly complements Nora’s interest in the same. He was someone who lived every danger with such boldness. He was someone who sought the pleasure of his spouse—from accepting her request for him to take the case to completely allowing her to partake in his drinking sessions—no matter what the cost may be. It goes to show that Nick was a man who shared entirely similar interests with his spouse and will gladly fulfill whatever it is that will make his woman happy. It was his role to please his woman. On the other hand, it was the woman’s role to act is if she was herself a man, fully absorbed in exactly the same interests as the husband’s. Here we see the approximate gender roles prevalent during the 1930s. Men and women had more similarities than differences as far as their inclinations are concerned. To a certain degree, there was no â€Å"woman†. Woman drank, dressed and acted in an unconventional so that they may be desired by the opposite sex, and actively participated in fairly dangerous tasks. Her liberty stood at the very core of her character and this made her more appealing to every man. Towards the end of the film, Nick gives in to the implied gesture of Nora to spend the night together in the same bed. The scene is revealing insofar as it gives rise to the idea that women exerted a certain influence or power over men especially when it comes to passionate affairs. The 1930s woman had too much liberty, in fact, that she can do anything she pleases and become pleased in the end. Nevertheless, the 1930s man still had a lot to do with her sources of pleasure. References Dyke, W. S. V. (Director). (1934). The Thin Man. United States: MGM. Freedman, E. B. (1974). The New Woman: Changing Views of Women in the 1920s. The Journal of American History, 61(2), 372-393. Murphy, M. (1996). ‘ And All That Jazz’: Changing Manners and Morals after World War I. Montana: The Magazine of Western History, 46(4), 50-63.

Thursday, January 23, 2020

art history :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  In the American wing of the Allentown art museum is a small painting that hits really close to home. It is called the View on the Lehigh River above Mauch Chunk. This is a genre scene that shows a small homestead in the foreground of a landscape of the Lehigh River. It was painted in 1862. View on the Lehigh River shows what life may have been like living along the Lehigh during that time. Critics have said his work â€Å"looks as European as it does American† (Gstavus1).   Ã‚  Ã‚  Ã‚  Ã‚  Down the hall in the European wing a painting by Aert van der Neer called River Landscape by Moonlight. It is a small dark painting that is so faint in contrasting colors that the viewer must get very close to it and squint in order to make out all of the objects in the scene. As the title suggests the painting depicts a river landscape, not common for the time. However, in his depiction the river is only visible as the light from the moon is reflecting off of it. The painting is undated, as are most of his works. It’s estimated that van der Neer was born between 1603 and 1604 and it is known that he died in 1677. Analyzing and comparing the two pieces, the viewer can recognize many similarities with in the two. The differences are evidently due to the amount of time that had elapsed between when the two painting were completed.   Ã‚  Ã‚  Ã‚  Ã‚   When the viewer approaches River Landscape by Moonlight by a Dutch artist during the Baroque period, the first impression is made by the artist’s use of light. It is not uncommon to wonder where the faint light is coming from. A closer inspection will reveal that it is the moon peaking out of the cloud filled sky. The moonbeam’s shimmering light directs the viewer down the river, the reflection silhouettes two late night fishermen in the foreground. The river appears to be the brightest as it fades into the horizon underneath by the moon giving the painting great depth. The rivers contours are outlining by the moonlight reflecting off the water, illuminating the river banks ever so faintly. Moving into the shadows on the near bank of the river is a small house; its window pane catches the moonlight and sends it to the viewer. The space hidden in the shadows that contain the house and the wooden are behind it have

Wednesday, January 15, 2020

Is Foreign Debt a Problem for Bangladesh?

Is Foreign Debt a Problem for Bangladesh? Part-A Foreign debt in Bangladesh Introduction: External debt is one of the sources of financing capital formation in any economy. Developing countries like Bangladesh are characterized by inadequate internal capital formation due to the vicious circle of low productivity, low income, and low savings. Therefore, this situation calls for technical, managerial, and financial support from Western countries to bridge the resource gap. On the other hand, external debt acts as a major constraint to capital formation in developing nations.The burden and dynamics of external debt show that they do not contribute significantly to financing economic development in developing countries. In most cases, debt accumulates because of the servicing requirements and the principal itself. In view of the above, external debt becomes a self-perpetuating mechanism of poverty aggravation, work over-exploitation, and a constraint on development in developing economi es. Public borrowing can be seen by private investors as a warning signal of the government becoming bankrupt within the foreseeable future.They may also fear that government will impose higher taxes in future in order to facilitate the repayment and servicing of the loan. In that case private investors will become less enthusiastic to invest. However, policy makers have to know whether public borrowing is followed by any crowding- out effect on investment, through whatever channel, and to what extent and whether the detrimental effect of such actions outweighs the benefit coming from the use of borrowed money, as is argued by the classical. What is public debt?Public debt is the entry records of cumulative total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign e xchange earnings. Government debt is one method of financing government operations, but it is not the only method. Governments can also create money to monetize their debts, thereby removing the need to pay interest.But this practice simply reduces government interest costs rather than truly canceling government debt and can result in hyperinflation if used unsparingly. Governments usually borrow by issuing securities, government bonds and bills. Less creditworthy countries sometimes borrow directly from a supranational organization (e. g. the World Bank) or international financial institutions. Sources of public debt: A. Internal Sources. I. Borrowing from individual by issuing govt bond, notes, etc II. Borrowing from commercial bank III. Borrowing from central bankIV. Borrowing from nan-bank Financial institution B. External Sources I. Foreign Government II. Foreign private institution III. International financial institution like IMF, WB etc. Why Bangladesh economy is dependent o n Public debt? To utilize natural resources Economic development Financing deficit budget Strong social and economic structure Crucial economic contingencies Implement annual development Program Import financing Implementation of fiscal policy To strong national defense Modernization of agriculture Facilitate quick industrialization.Factors Which Influence How Much a Government Can Borrow †¢ Domestic Savings. If consumers have a high savings ratio, there will be a greater ability for the private sector to buy bonds. †¢ Relative Interest rates. If government bonds pay a relatively high interest rate compared to other investments, then ceteris paribus, it should be easier for the government to borrow. Sometimes, the government can borrow large amounts, even with low interest rates because government bonds are seen as more attractive than other investments. †¢ Lender of Last Resort.If a country has a Central Bank willing to buy bonds in case of a liquidity shortages, inv estors are less likely to fear a liquidity shortage. If there is no lender of last resort (e. g. in the Euro) then markets have a greater fear of liquidity shortages and so are more reluctant to buy bonds. †¢ Prospects for Economic Growth. If one country faces prospect of recession, then tax revenues will fall, the debt to GDP ratio will rise. Markets will be much more reluctant to buy bonds. If there is forecast for higher growth. This will make it much easier to reduce debt to GDP ratios.The irony is that cutting government spending to reduce deficits, can lead to lower economic growth and increase debt to GDP ratios. †¢ Confidence and Security. Usually, governments are seen as a safe investment. Many governments have never defaulted on debt payments so people are willing to buy bonds because at least they are safe. However, if investors feel a government is too stretched and could default, then it will be more difficult to borrow. †¢ Foreign Purchase. A country lik e the US attracts substantial foreign buyers for its debt (Japan, China, UK).This foreign demand makes it easier for government to borrow. However, if investors feared a country could experience inflation and a rapid devaluation, foreigners would not want to hold securities in that country. †¢ Inflation. Financing the debt by increasing the money supply is risky because of the inflationary effect. Inflation reduces the real value of the government debt, but, that means people will be less willing to hold government bonds. Inflation will require higher interest rates to attract people to keep bonds.In theory, the government can print money to reduce the real value of debt; but existing savers will lose out. If the government creates inflation, it will be more difficult to attract savings in the future. Is foreign debt a problem to Bangladesh? Excessive reliance on debt, whether domestic or external, carries macroeconomic risks that can hinder economic and social development. Cou ntries macro-economic is thus disturbed by this factor alone. Scarcity of resources has already compelled the government to borrow afresh and/or impose new taxes on the citizenry to meet debt service obligations.High domestic public debt pushes up interest rates and crowds out private investment, which is much needed to promote economic growth. When most government revenues are devoted to debt servicing, fiscal policy cannot be used to provide basic services, such as education, health, safe drinking water and housing. Unfortunately, the national budget — annual statement of the government’s income and expenditure — does not recognize the gravity of the situation characterized by its serious problem to finance the external debt servicing at the cost of basic human services.Every year Bangladesh pays, on an average $ 1070 million, to its foreign creditors. A 2003 study (SUPRO: 2003) exclusively revealed the fact that for every dollar in foreign grant aid received, the government spends over $1. 5 in debt service to foreign creditors annually. While there is no denying that Bangladesh is heavily dependent on foreign aid and loans to finance its annual budget, it is also true that aid agencies and multilateral lenders in the West have to carry a lion’s share of the blame for Bangladesh’s burden of debt. Between 1980 and 2012, Bangladesh’s total outstanding international debt quadrupled.The bulk of this surge in lending to the autocratic regimes came from the International Development Association, the soft-loan window of the World Bank. Can the World Bank and the IMF morally impose the burden of this debt on the Bangladeshi people, when in fact that money provided valuable succor to an autocratic regime that the people were struggling to topple at the time? How sustainable Bangladesh Debt is? Bangladesh is classified as a low-income country and is home to the third highest absolute number of poor people in the world, after China and India.Despite the huge amounts it spends servicing debt ($1551. 3 million in 2011), the World Bank describes it neither as ‘severely’ nor even ‘moderately’ indebted, but instead classifies Bangladesh as ‘less indebted’. Instead of rewarding Bangladesh for its track record of prompt debt servicing, the World Bank has interpreted this to mean that Bangladesh’s debt must be sustainable. Arbitrary thresholds on indicators like debt/exports made Bangladesh ineligible for the Heavily Indebted Poor Countries (HIPC) initiative or the Multilateral Debt Relief Initiative.Bangladesh will not receive through either of these initiatives the debt relief that it desperately needs to finance public expenditures on school and hospitals among other basic necessities. One of the Bangladeshi development experts remarked that- â€Å"Bangladesh has regularly paid its debts, expanded exports and are now being punished for its success† (Bhattac harya: 2006). The whole argument is that, since these countries are able to repay they must have â€Å"sustainable† levels of debt.The sustainability of debt is primarily measured on the economic matrix called Debt Sustainable Analysis (DSA) introduced by the World Bank and IMF, which lays too much emphasis on the country’s exports and does not fully reflect the true nature of the debt burden on government expenses. How can Bangladesh’s debt be sustainable especially when it pays back on an average $1070 million to its foreign creditors in general and $870 million to its so-called benevolent development partners (multi-lateral and bi-lateral donors) annually?For a poor country like Bangladesh, would it be realistic to calculate ‘debt sustainability’ without looking at how much money it spends on schools, hospitals and roads, on teachers, medicines, clean water and on everything else that is needed to combat the dire poverty blighting so many lives? If a country cannot afford to meet the basic needs of its own people, then how can one argue that giving money to the rich world is affordable or â€Å"sustainable†? How can its debt be sustainable when the cost of external debt servicing exceeds the public spending on health and education, for example?In what criteria, the Bangladesh external debt can be measured as sustainable when it clearly demonstrates that MDG progress is being seriously hampered due to the excesses of debt servicing? Presumably, the international community has left a single choice for Bangladesh: servicing external debt at the cost of basic services let alone the MDG progress! Why Bangladesh deserves full debt cancellation? Undeniably, Bangladesh cannot afford to pay on average $1060 million a year to foreign creditors.Even though the country is making some progress with regard to the implementation of the MDGs, it is still home to 70 million people living in poverty. It has the highest incidence of po verty in South-Asia. In fact, Bangladesh cannot afford to pay a single dollar in debt service. If debt sustainability is based on the financing needs for the MDGs, Bangladesh would receive full debt cancellation. Bangladesh needs US$ 7. 5 billion a year to finance the implementation of the MDGs. A growing number of NGOs, governments and analysts have come to the conclusion that debt cancellation should be expanded.As independent expert Bernards Mudho explained earlier this year (2007) in a report commissioned for the United Nations: â€Å"There†¦ is a need for further comprehensive solutions to the debt problems of poor countries, including further debt relief by other multilateral institutions and for permanent solutions to the problems of bilateral and commercial debts. Bangladesh Debt must be cancelled, because †¦ ? Debt costs too much to Bangladeshi people in general and poor and marginalized in particular. People need a healthy and prosperous life that requires incre ased government spending on basic services such as health, education, water-sanitation etc. ? Bangladesh needs to achieve the MDG targets in time. To finance the Millennium Development Goals, every year a staggering US7. 5 billion in external budget support is needed. This is about four times the amount of aid and concessional loans currently provided by foreign donors and creditors. ? At this juncture, Bangladesh can no longer afford to pay a single dollar for debt servicing. Because†¦.. Every dollar paid in debt service is a dollar lost for the MDGs†. Part-B Impact of Foreign debt on Bangladesh 1. Effects on Economic growth 2. Effects on NNP 3. Effects on Inflation 4. Effects on Investment 5. Effects on consumption 6. Effects on Production 7. Effects on Distribution 8. Effects on Risk, uncertainty, liquidity Part-C Statistical Analysis 1. Trend Analysis of Foreign Debt: Trend Analysis of External debt of last 10 years is given below Y=1714. 5+0. 8647x R? = 0. 9247 Appen dix Table 1 shows the summary of trend equation and r2 of External debt of Bangladesh.The trend equation of Foreign debt is, Y=1714. 5+0. 8647x and the square of correlation coefficient (r2) = . 9247. Interpretation: The trend equation indicates that during the period from 2003 to 2012 debt increase at the rate of . 8647 billion per year and 1714. 5 is the average external debt of Bangladesh. It is reflected from the table that trend equation of foreign debt are positive and goodness of fit of all the equations are very high. 2. Descriptive Analysis of Foreign Debt: Descriptive Statistical Analysis of External debt of last 10 years is given below: (All amounts are in billions) Descriptive Statistics | |N |Range |Minimum |Maximum |Mean |Std. Deviation |Variance |Skewness |Kurtosis | | |Statistic |Statistic |Statistic |Statistic |Statistic |Statistic |Statistic |Statistic |Std. Error |Statistic |Std. Error | |Foreign_Debt |11 |8. 7200 |16. 5000 |25. 2200 |2. 103273E1 |2. 9825127 |8. 8 95 |-. 169 |. 661 |-1. 108 |1. 279 | |Valid N (listwise) |11 | | | | | | | | | | | | Interpretation: This table provides statistical information about the data set, such as showing mean value of foreign debt individually and its deviation.For this information, for instance we found that minimum value of the variable is 16. 5bill, Maximum value is 25. 22billon, its mean 2. 103273e1 and Standard deviation is 2. 9825127. 3. Correlation Analysis: Table shows the correlation matrix for estimating interrelationships between chosen economic parameters of Bangladesh. Variables |GDP real Growth |Amount of Foreign Debt |Inflation rate |Investment Amount |Remittance Inflow |Import |Export Amount |Foreign Reserve | |GDP real Growth Rate |1 |. 635 |. 638 |. 748 |. 427 |. 457 |. 485 |. 352 | |Amount of Foreign Debt |. 35 |1 |. 819 |. 555 |. 919 |. 901 |. 920 |. 846 | |Inflation rate |. 638 |. 819 |1 |. 518 |. 686 |. 742 |. 763 |. 494 | |Investment Amount |. 748 |. 555 |. 518 |1 |. 406 |. 433 |. 4 68 |. 222 | |Remittance Inflow Amount |. 427 |. 919 |. 686 |. 406 |1 |. 915 |. 935 |. 920 | |Import Amount |. 457 |. 901 |. 742 |. 433 |. 915 |1 |. 994 |. 888 | |Export Amount |. 485 |. 920 |. 763 |. 468 |. 935 |. 994 |1 |. 885 | |Foreign Reserve Amount |. 352 |. 846 |. 494 |. 222 |. 920 |. 888 |. 885 |1 | | From the correlation matrix we have observed the followings; GDP real Growth has moderate correlation with foreign debt, inflation rate, investment and low degree of correlation with remittance, import, export and very low correlation with GDP per capita. †¢ Foreign debt has strong correlation with. †¢ Inflation rate have strong correlation with. †¢ Investment have strong correlation with. †¢ Remittance inflow has moderate correlation with †¢ Import has strong correlation with †¢ Export has low correlation with †¢ Foreign exchange Reserve has low correlation with Part-D Recommendation & Conclusion Recommendation: The international community inc luding the G-8 must take necessary steps immediately to ensure full Debt cancellation for Bangladesh; †¢ Debts must be cancelled as a matter of justice: creditors must accept their share of responsibility in creating the current debt crisis, and cancel debts on this basis; †¢ A â€Å"MDG-consistent† frame-work of Debt Sustainability should be applied and cancellation must be available to all that need it; †¢ The issue of Climate Change and its adverse effect must be taken into account and additional fund should be released to overcome the adversity linking it with MDG process; †¢ The governments of indebted countries must demonstrate to their citizens that they are spending money well and accountably.But this must not be used as an excuse to impose economic policy conditions or to limit those countries receiving debt cancellation by the donor community; †¢ Rich countries, institutions and commercial creditors must cancel all illegitimate and un-payabl e debts being claimed from all poor countries; †¢ Total Debt stocks must be cancelled, not just Service; debt service cancellation for a limited period is not enough. †¢ Debt cancellation of any kind must not be conditional and it must not be considered again as ODA Conclusion: The study has been conducted with a view to examining the presence of crowding- out effect of public borrowing on the private investment in the Bangladesh economy.To accomplish the task, a model for investment function has been specified and estimated considering public borrowing, GDP and interest rate as independent variables. A long -run relationship has been estimated and analyzed by performing unit root test, co – integration test and an error correction model. The main findings of the study confirm with statistical significance that there is no crowding- out effect in Bangladesh, rather, the crowding- in effect is evident. This result is indeed somewhat paradoxical in terms of convention al wisdom. The study has attempted to offer a rationale for this seemingly paradoxical finding from a macroeconomic point of view.In doing so, it has analyzed a couple of macroeconomic issues and ended up with the conclusion that the presence of crowding- in instead of crowding – out effect can be attributed to such factors as excess liquidity in the banking system, imperceptible government competition with the private sector, relatively sustainable public debt scenario, government expenditure for transfer payment program , significant development expenditure for producing those goods and services which has the potential to discharge positive externalities, government microcredit programs and ADP -black money linkages. The results of the study have important implications for the fiscal management.Existence of excess liquidity and possibility of crowding – in effect together put the fiscal authority in a position to foster private investment and hence economic growth th rough expanding borrowing backed public expenditure. However, the overall criteria that public expenditure authority ought to ensure is the transparency and efficiency in its programs. Moreover, government can avoid unnecessary inflation and external indebtedness by reducing reliance for funds on Bangladesh Bank and foreign sources as long as excess liquidity in the banking system prevails. In view of the perceived limitations inherent in this study, the following aspects may be taken up by future researchers: Decomposing private investment by category and taking each of them as separate dependent variable; †¢ Segregating borrowing by government itself and borrowing by other public sector corporations, and considering them as separate explanatory variables; †¢ Splitting public borrowing by sources (not only banks, NBDC or general public but also Bangladesh Bank and external sources) and taking all of them as explanatory variable s; †¢ Incorporating a dummy variable fo r capturing the issue of economic reform and structural variation between after and before 1990 periods; and †¢ Finally, if possible, carrying on the whole study on the basis of quarterly data to make the analytical framework parsimonious. [pic] ———————– 10

Tuesday, January 7, 2020

Cardiovascular Disease Atherosclerosis and Hypertension

Cardiovascular Disease also known as coronary heart disease encompasses diseases of the heart and blood vessels. The two most common forms of cardiovascular disease are atherosclerosis and hypertension (chronic high blood pressure). Both of these conditions involve the damage of blood vessels. Hypertension and atherosclerosis paired equal the greatest threat to the development of heart disease and ultimately death (Missoula County, 2004). Atherosclerosis means hardening of the arteries; this is caused by a build up of cholesterol and other fatty substance within the walls of the arteries. In atherosclerosis, fatty deposits called plaque, build up on the inner wall of the coronary arteries. These fatty deposits usually develop over†¦show more content†¦Cigarette smoking is a factor contributing to hypertension. Tobacco, which is smokeless, is also linked to hypertension via its nicotine and sodium content. In many instances, stress is a causative factor of high blood pressure. Relaxation techniques have some value in lowering blood pressure. Exercise reduces both blood pressure and stress. Some other factors with an unfavorable outcome in hypertension are: gender, untreated persistent high diastolic blood pressure, advancing age, smoking, diabetes, other associated chronic illnesses, and elevated blood cholesterol levels. Your risk for developing high blood pressure is high if you are an African American. African Americans may get it earlier in life and more often than White Americans. In addition, your risks for getting high blood pressure increases as you grow older (Jacob, 2004). High Blood pressure is very common; more than 50 million American adults have high blood pressure or hypertension that is one-forth of the adult population. That translate into, roughly one in every four American adult has some form of high blood pressure or they have hypertension. 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