U.S. Policy regarding the South China Sea (SCS) Essay

U.S. Policy regarding the South China Sea (SCS) - Essay Example The tensions are influencing – being influenced by- rising fears concerning China military power growth as well as its regional intents. China has engaged in an extensive upgrading of its forces of maritime paramilitary and naval aptitudes to impose jurisdiction and Sovereignty rights through force if the need arises. Simultaneously, China is developing capabilities, which would place US forces within the expanse in a conflict risk, and therefore, possibly refuting US Navy access in the west Pacific (Akande). In view of the growing prominence of China-U.S. affiliation as well as the Asia-Pacific expanse more largely, to the worldwide economy, the U.S. has a huge interest in inhibiting any of the numerous disputes within the South China Sea from intensifying militarily. U.S. policy goals include: I. Attainment of global norms and rules in the South China Sea, II. Attainment of regional stability and alliance security in the South China Sea, III. Attainment of economic interests and IV. Attaining a cooperative affiliation with China V. Promote Territorial Risk-reduction Measures Assessment of Current U.S. Policy Goals The U.S. has crucial interests for achieving a diplomatic resolution of disputes in South China Sea with respect to international law. With China’s exception, all South China Sea’s claimants have tried to validate their entitlements grounded on their coastlines as well as the UNCLOS’s provisions. China, on the other hand, depends on a combination of legal claims and historic rights, while remaining purposely indistinct about the implication of the ‘nine-dashed line’ all over the sea, which is drawn upon Chinese maps. The failure of the U.S. to maintain international norms and law could harm United States’ interests elsewhere within the region as well as beyond. Guaranteeing navigation freedom is another critical goal for the US as well as other regional states. As much as China maintains that, it advoc ates navigation freedom; its persistence that foreign forces seek advance authorization to cruise in its EEZ hurls doubt upon its stance. The China’s capabilities development to deny US’ naval entry to its waters in a dispute provides proof of likely Chinese intents to block navigation freedom in particular contingencies (Akande). Regional and alliance security: United States friends and allies around Southern China Sea depend on U.S. to sustain free trade, secure and safe sea communication lines and general stability and tranquility within the region. Non-claimants and claimants to marine waters and land features within the South China Sea take U.S. forces presence as essential to permit decision-formulating free of extortion. If states within the South China Sea lack self-assurance in the U.S. to aid as the major regional security underwriter, they could engage in costly and possibly threatening arms accumulations to reimburse or, otherwise, become more cooperative t o the requests of an influential China. None would be within the United States’ policy goals. Failure to assure friends of U.S. responsibilities within the expanse could also weaken U.S. security assurances in the wider Asia-Pacific area, particularly with South Korea and Japan. Simultaneously, however, the US must elude being enticed into the regional dispute—and perhaps into a clash—by regional states who seek United States’ backing to legalize their claims (Nato). Economic

Trusts and Equity Coursework Example | Topics and Well Written Essays - 2000 words

Trusts and Equity - Coursework Example Trustees of Trust have many responsibilities in the exercising of their duties as a trustee. The areas that often posses most difficulties for trustees and is most often misinterpreted, in this area of investment. The Trustee Act 1956 followed an approach of a permitted legal list can be amended from time to time by the new categories if investment. However even though there are no restrictions on the type of investment the trustees can make. There is a general requirement that a trustee exercising any power of investment shall exercise the care, diligence and skill that a prudent person of business the affair of authors. Adam and Beth should consider to take the investment idea that investment advisor have proposed to them. They can invest in stock exchange in order to reduce the risk for losing a lot of money in their investment. The act allows the trustees to invest in any asset as if they were absolutely entitled. The power to invest can be overridden or amended by any investment powers in the trust deed. Typically, these allow trustees to invest in a wide range of investment such as life assurance products, deposits and shares. When selecting investment like investing in shares, the trustees are required to regard the standard vestment criteria that the investment should be suitable and diversified. In order to meet the requirement of the Trustee amendment Act, it is strongly recommended that trustee should work with qualified financial planner who has experience in trustee investment. It should be noted that the investment strategy applied to the trust assets like those shares that Adam and Beth have in that private company can be significantly different than that for an individual. This is because a trust can have different classes of beneficiaries such as income beneficiaries and capital beneficiaries. Modern trusts tend to be fully discretionary trust which will require the trustees to carefully balance all the interest of their beneficiaries.

Huxley on Happiness and Comfort Essay Example | Topics and Well Written Essays - 1000 words

Huxley on Happiness and Comfort - Essay Example Soma is a very one-dimensional euphoriant. It gives rise to only a shallow, unempathetic and intellectually uninteresting well-being. Apparently, taking soma doesn't give Bernard Marx, the disaffected sleep-learning specialist, more than a cheap thrill. The drug is said to be better than promiscuous sex - the only sex brave new worlders practice. Huxley implies that by abolishing nastiness and mental pain, the brave new worlders have got rid of the most profound and sublime experiences that life can offer as well. The clear implication of Brave New World is that any kind of drug-delivered happiness is "false" or inauthentic. Brave New World is a utopia conceived on the basis of species-self-interest masquerading as a universal paradise. Social stratification is institutionalized in a five-way genetic split. There is no social mobility. Alphas invariably rule, Epsilons invariably toil. Huxley' Brave New World does not encourage romantic love whereas they are conditioned to be sexually promiscuous; as such everyone belongs to everyone else. [www.huxley.net] In Current Issues and Enduring Questions, Sylvan Barnet in his Chapter 31 has presented a brief overview about happiness and thoughts of various experts relating to happiness. Happiness, anciently termed as "eudaimonia" by the Greeks was subscribed to a particular type of eudaimonism in which the notion of virtue is central despite the difference between Socrates, Plato, Aristotle and the Stoics. [Juha Sihvola, 1] Epictetus has stressed to win happiness by wishing for the good things among those that are truly our own, i.e., in our power, and not to wish for things that are not truly in our power. Compared to the good things in our power, things that most people take to be good but are not in their power are indifferent. The most succinct statement on Epictetus view of the best possible condition for a human being to be in is: "Do not seek to have events happen as you want them to, but instead want them to happen as they do happen, and your life will go well." [www.echeat.com] S. B arnet has stressed to live a happy and solitary, natural life and die alone, as mentioned in the last stanza of Ode on Solitude by Alexander Pope. Further he has also stated the strong message taken from Rubaiyat of Oman Khayyam which tells that every boy who read the Koran or studies the traditions in his presence would assuredly attain to honor and happiness.[Sylvan Barnet and Hugo Bedau] Bertrand Russell belief that the success of a journey depends on knowledge of the destination, that happiness is not a figment of the mind, that there is no such thing as perfect happiness, that happiness is dependent on a combination of internal and external causes, that fear hinders the good life and that benevolence is a disposition towards helping other people.[www.findarticles.in] From the Alice James point of view, even wealth or being born in a highly intellectually family or even the best luxurious living can't give guaranteed happiness. In From the Diary of Alice James, Alice James wrote that she found her only happiness in form of affection received from Katherine, her constant companion and her brother Henry who visited daily. [Frank Albrecht] The Dalai Lama quoted that there is a definite, commensurate

Social Responsibility and Governance Research Paper

Social Responsibility and Governance - Research Paper Example The paradigm shift in the affairs of Trans-National Corporations of moving from corporate philanthropy to corporate social responsibility began in the 1990s. CSR and globalization, though theoretically miles apart, are in practice complementary to each other with their roles, at times, overlapping. In this report, we carried out a review of the literature to prove the hypothesis that CSR is a key issue in globalization. All authors studied are of the view that CSR is currently playing an important role in the conduct of global business. The larger is the size of a company, the greater is the onus on it for taking up a socially responsible role. According to Kotler and Lee (2005), corporate social responsibility includes those set of voluntary business practices and contributions that a company makes to improve community well-being. Community, here, refers to buyers, suppliers, employees and the social milieu, the company operates in. CSR also stands for operating and exceeding ethical, legal commercial and public expectations of business. For a business to be socially responsible, it is important that its practices and processes should have positive outcomes on the community. CSR is driven by the ‘moral marketplace factor’ creating increased mortality in choices made by consumers, investors, and employees (Hess, Rogovasky, and Dunfee quoted in Kotler and Lee, 2005). Companies value being perceived as good citizens and good corporate citizens. The importance of corporate social responsibility, today, is such that any large corporation can ill-afford to ignore. CSR is about wealth creation by making products and delivering services that are sustainable socially and environmentally. Advantages of CSR extend beyond immediate profit-making and bring long-term multiple benefits. Prior to the current state of globalization, corporate social responsibility was restricted to  philanthropic causes.

The Impact of Education On Social Change Essay Example | Topics and Well Written Essays - 2750 words

The Impact of Education On Social Change - Essay Example We are living in a mysterious world in which we do not know much. In fact what we know so far is negligible when we consider what we do not know yet. Even then it is better to know more about the knowledge which is revealed to the world because of the efforts of eminent scholars and scientists. Education is the only way to achieve knowledge about the unknown world. Knowing more about a particular thing will help a person to fine tune his personality and attitude. For example, earlier we thought that the diseases were the curses of God. Later we identified that the diseases were caused by some germs or viruses and this knowledge helped us to find out medicines suitable to kill these germs or viruses. In other words, our attitude towards diseases has been changed a lot because of the advancements in medical science. In short, education helps us to change our established perceptions and attitudes or it helps us to polish our knowledge. â€Å"The traditional education was meant for an u nchanging static society not marked by any change. But today education aims at imparting knowledge. Education was associated with religion†(Education and Social Change, 2010). Religions and religious beliefs influence the education process very much. A child is entering this world, not as a free person, but as a person born in a particular region. In other words, religious beliefs are the first knowledge a child is getting in his/her life. All other streams of knowledge came only at the secondary place. Most of the new scientific knowledge entering this world has questioned some of the established beliefs or teachings of the religions and hence many of the religions are not much keen in encouraging education. However, it is difficult for the religions... This report stresses that modern management principles were implemented in the Bangladeshi educational system in order to manage the educational process more effectively. Educational system has been perceived as an organization at present and at each level, different educational managers are managing the educational functions. Another major reformation process undertaken in the Bangladeshi educational system was the training and development of teachers. Bangladesh has realized that only the development of teachers is important in the development of educational system in Bangladesh. Knowledge is bursting from all the corners rapidly at present and the teachers should have their knowledge updated in order to excel in their profession. The above awareness motivated Bangladesh to implement a comprehensive teacher training and development program. Bangladeshi educational curriculum was outdated earlier. This essay makes a conclusion that Islamic community at some parts of the world is witnessing tremendous advancements in the educational sector. India and Bangladesh are two best examples, in which the Islamic community have developed a lot as a result of the educational modernization and reformation happened in the Islamic institutions and educational systems in these countries. Based on these changes in the educational sector, Islamic societies in these countries were also undergone drastic reformation process. The outlooks of Muslims in these countries are entirely different from that of some other fundamental Muslim societies in the world.

Macro Economics Essay Example | Topics and Well Written Essays - 500 words - 1

Macro Economics - Essay Example The focus shifts from expenditure to save more of the current income for future spending. Thus in reacting to this less expenditure on the part of the consumers and the investors the firm will lower their production resulting in less output. Reduction in the wage rate of the workers in this circumstance will not contribute to the elimination of the huge unemployment rate prevailing in the economy. Simultaneous decrease in the interest rates in the economy will also not succeed in returning the economy back in the original track (Gwartney, Stroup, Sobel and MacPherson, 228). Wages and interest rates are considered fixed in the Keynesian theory. According to the theory even if there is a decline in the wage rate a negative impact will be exerted on the economy through the reduction in income and hence reduction in aggregate demand. Keynesian theory rejects the view of the classical economists that market forces will bring back the system of full employment in the economy. Equilibrium i n the economy will be reached when the total spending in the economy will be equal to the total output. Changes in output may drive the economy to a certain extent towards the equilibrium as opposed to price changes as suggested by the other stream of economists.

Research mothodology Essay Example | Topics and Well Written Essays - 1250 words

Research mothodology - Essay Example The qualitative method is founded on a sound theoretical basis whereby a comprehensive literature review aimed at exploring the research topic is included. The theoretical aspect of the research in turn focuses on two key aspects, which include formulating a typology and analysing the current approaches and processes, employed by small firms. The deduction of the typology is used to help in embodying the findings and conclusions observed from previous research studies on similar topics. The observations made therefrom are likely to contribute immensely in arriving logical conclusions. The quantitative method, which is based on empirical data, includes collecting primary data through survey method, which involves collecting the necessary data through questionnaires. These include semi-structured questions aimed at managers of SMEs in the UK. The effectiveness of any research methodology is based on the philosophical underpinnings with regard to the approaches adopted. It also depends on the appropriateness of the research methods implemented and the level of accuracy of results derived therefrom against the knowledge required for the given study. Hence, the key assumptions made of crucial significance for conducting and for achieving effective evaluation of the data collected. This chapter aims to discuss the philosophical assumptions, the design strategies, research approaches and strategies used for the purpose of this study. Furthermore, this chapter also discusses the research instruments used, the methods of data collection and methods of analysis of the data used in this study. A research approach comprises of detailed plans and processes that elaborates on the broad assumptions with regard to the research topic and the detailed methods applied for data collection, analysis as well as interpretation (Crewel, 2013: p. 3). For the purpose of this study, different