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Sunday, August 23, 2020
Homelessness free essay sample
Awakening, looking to one side gazing at the morning timer, looking to one side out of the window so the rising sun. Stepping on to the cool fresh tile ground surface of the washroom. Pulling the plastic drapery back to heat up the streaming stream of shower water. Cleaning the steam from the mirror to successfully style and plan for the afternoon. Strolling down creaky wooden strides to go into the kitchen. The sun presently cresting through the sunflower draperies; breakfast looking out for the table. The smell of eggs, bacon, and toast penetrating through the air. Presently envision rather than the iHome morning timer it is the virus severe winter air and the hints of police alarms breaking the rest. Rather than cool floor tiles it is super cold concrete. Rather than a warm loosening up shower it is a defective spigot. Rather than a perfect washroom reflect it is a scratched, mishandled, and broke reflection of an open bathroom. We will compose a custom paper test on Vagrancy or on the other hand any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Rather than entering the kitchen, going into the corner store with rummaged up change to get a pack of chips to begin the day. Regardless of whether it is seen or not, vagrancy is a genuine issue here in the United States of America. Every month in 2011, a normal of 1,595 individuals get to administrations for vagrancy. For the year, the complete number of people using administrations was 7,320ââ¬a 3 percent expansion more than 2010. (Knoxville-Knox County Homeless Coalition, 2012) The Stewart B. McKinney Homeless Assistance Act of 1987 characterizes individuals as destitute when they come up short on a fixed, ordinary, and sufficient evening time habitation or when their main living place is an impermanent spot for individuals going to be standardized, wherever not implied for normal dozing convenience by people, or a managed brief safe house. The McKinney-Vento Homeless Assistance Act of 1987 is Americaââ¬â¢s first endeavor to battle the plague that was vagrancy. The demonstration traces importance of vagrancy and the national governments plans and distributions to bring it down. (National Coalition for the Homeless)Many individuals may accept that vagrancy is brought about by simply sheer untrustworthiness; be that as it may, what many neglect to acknowledge is the way that some authentic elements play into long generational spells of vagrancy or neediness. Recorded occasions, for example, the utilization of morphine during the common war,â to the modern upheaval, and even catastrophic events can destroy lives for quite a long time to come. The demonstration itself is fundamental to current destitute emergency and furthermore is inside social workersââ¬â¢ duties per the National Association of Social Workers code of morals. In the introduction, it peruses, ââ¬Å"The essential strategic the social work calling is to improve human wellâ ¬being and help meet the fundamental human needs surprisingly, with specific thoughtfulness regarding the requirements and strengthening of individuals who are defenseless, abused, and living in neediness. â⬠(National Association of Social Workers, 1999)The reason for social specialists is to help individuals out of luck and that is the objective of arrangements on vagrancy. Vagrancy has been a tenacious and suffering component in American history. The players may change in the game yet the standards despite everything apply. There has consistently been some type of vagrancy in the nation. As timespans change the reasons for vagrancy have changed. For example, during the provincial occasions from the 1660ââ¬â¢s to the 1770ââ¬â¢s the essential destitute were called ââ¬Å"wandering poorâ⬠and the essential driver was brought about by the ongoing increment in relocation and the land an area clashes. Government intercession of the time was to corporally rebuff the residents. During the Pre-Industrial Period, 1820ââ¬1850, the essential destitute were jobless men; their reasons were the uneven business cycle and the absence of security in occupations in factories, mines, and on docks. The legislature of this time stepped in by permitting correctional facilities to give for the time being housing or level out detainment. Following the Civil War from 1870 to 1900, this time was known as the ââ¬Å"vagabondâ⬠time loaded up with train containers and liberated slaves looking for spots to live. The reason for this removal was anyplace from low work to the quantity of settlers entering the nation. This timespan drew out the Rhode Island Tramps Act of 1880 imitated by about each state intended to capture and convict vagrants. During the Great Depression from the years 1929 to 1940, the greater part of the destitute populace was the white collar class representatives, familyââ¬â¢s, and African Americans. Breadlines, soup kitchens, asylums, and shantytowns started to spring up around the nation in endeavors to help mitigate the downturn of vagrancy of the time. From the year 1980 to the present the destitute populace comprises of individuals with liquor and medication maltreatment just as families with kids, and single individuals with high frequency of conduct inabilities. (Leginski, 2007) In the mid 1980s, the underlying reactions to far reaching and expanding vagrancy were fundamentally neighborhood. Vagrancy was seen by the Reagan Administration as a difficult that didn't require government intercession. In 1983, the primary government team on vagrancy was made to give data to territories on the best way to acquire surplus bureaucratic property; this team didn't address vagrancy through strategy activities. After bipartisan questions a hesitant President Ronald Reagan marked it into law on July 22, 1987. On October 30, 2000 President William Clinton renamed the enactment the McKinney-Vento Homeless Assistance Act after the demise of Representative Bruce Vento, a main supporter of the demonstration since its unique entry in 1987. (National Coalition for the Homeless). The McKinney-Vento Homeless Assistance Act utilizes the catchphrases ââ¬Å"lack a fixed, normal, and satisfactory evening residenceâ⬠to depict vagrants and the individuals who might be qualified for the advantages the demonstration gives.
Friday, August 21, 2020
Relevance of the Abundance of Natural Resources in U.S. Compared to Countries without Natural Resources free essay sample
Students of history customarily thought about wealth of regular assets as the immediate reason for mechanical unrest and monetary achievement in the U. We will compose a custom article test on Pertinence of the Abundance of Natural Resources in U.S. Contrasted with Countries without Natural Resources or then again any comparative point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page S. Notwithstanding, the splendid case of Japan recommends that the nearness or nonappearance of characteristic assets isn't the deciding element driving financial security and thriving among mechanical states. Actually, American monetary victories stretch a long ways past the conventional ââ¬Å"resourceâ⬠vision, and are the immediate aftereffects of the completely evolved ways to deal with investigation, explore, human capital, and promoting. The simple need or plenitude of common assets isn't generally the wellspring of monetary accomplishments specifically nations; rather, the capacity to join science and investigation with abilities, exchange, and advertising assist nations with utilizing their asset potential without limit, and structure the reason for financial turn of events and financial steadiness in global settings. David Wright (1991) were the first to focus on the job mineral assets played in financial turn of events; they were the first to investigate whether wealth of regular assets could serve the deciding element of monetary achievement in the U.S. The consequences of the exhaustive notable research propose that mineral assets may fundamentally contribute into the quality and level of the countryââ¬â¢s modern improvement just when the nation can completely misuse its characteristic asset potential. ââ¬Å"Minerals with monetary worth do in reality happen unevenly over the outside of the earth, yet, somewhere in the range of 1850 and 1950, the United States abused its asset potential to a far more prominent degree that different nations of the worldâ⬠(David Wright 1991, p. 2). Plenitude of mineral assets alone could scarcely drive monetary advancement in the United States; rather, the force of investigation, inquire about, the nature of advances utilized, and political components have transformed the American state into the global financial pioneer. The regular wealth of the American grounds has consequently expanded the heaviness of fares in the U.S. economy, by consolidating research with skilled work force and very much created advertising strategies. The nearness or nonappearance of mineral assets frames an entire complex of related issues that ought to be auspicious set out to guarantee that regular assets increment the viability of national monetary execution. The bounty of normal assets in the U.S. ought to be re-considered through the crystal of beneficial monetary victories, which drove the requirement for better investigation procedures and the better nature of made materials. For instance, ââ¬Å"advances in steel were thus correlative to advance in different enterprises. U.S. elastic tire creators were well behind the French during the bike rage of the 1890s, and just picked up efficiency advantage related to large scale manufacturing of automobilesâ⬠(Wright 1990, p.655). Therefore, the stateââ¬â¢s capacity to create potential markets where common assets could be adequately utilized decided the accomplishment of investigation methodology, and expanded the general significance of nature in driving the national monetary achievement. Wright and Irwin propose that the effective blend of common asset wealth and solid showcasing approaches framed another arrangement of the American fares, vigorously subject to the quality and measure of the new items which could be created in the U.S. however, were inaccessible somewhere else (Wright 1990, p. 654). The American asset initiative was the immediate consequence of the proficient blend between promoting, human capital, and science, diminishing item costs and expanding the seriousness of investigation and use for nonrenewable normal assets (Irwin 2003, pp. 367-368). End Against conventional convictions, plenitude of normal assets isn't the deciding element driving financial achievement; rather, the countryââ¬â¢s capacity to put into investigation, explore, and to join asset bounty with powerful exchange and showcasing techniques decide the accomplishment of monetary improvement in worldwide settings. In the U.S., regular extravagance was effectively enhanced with compelling financial, advertising, and political measures, having transformed the nation into the universal trading pioneer, and advancing the significance of complex ways to deal with the turn of events and research of characteristic monetary endowments.
Monday, July 6, 2020
Important Professional Attributes for a Registered Nurse
Key Points of the Profession of a Registered Nurse Abstract In every profession, individuals are guided by professional attributes and professional code of ethics to be able to deliver quality services that satisfy their clients. The attributes contribute towards ensuring a good relationship between the clients and the service providers. Therefore, it is important for individuals operating in a given field of specialty to understand the attributes associated with his/her career. In addition, specialists should consider professional attributes in day-to-day activities of their career. Nursing is one of the most significant fields of specialty where professional attributes must be put in place. Nursing covers a wide area of responsibility that is divided into many areas.
Tuesday, May 19, 2020
Situational Leadership Theory And Organizational Leadership
Situational Leadership Theory and Organizational Leadership Why are some employees happier and more satisfied with their work environment than others? Why are some teams within the same organization more productive than others? How can you get subordinates to trust your decisions, readily cooperate with others and follow your lead? The answer to these questions boils down to one thing; effective leadership. For our purpose, effective leadership can be defined as the art of influencing individuals and groups to accomplish the goals and objectives of the organization (Plunkett, Allan, and Attner, 2013). Effective leadership has a direct impact on the motivation, or lack thereof, of employees and how they interact with others within the organization. Followers will also act in ways that reflect their leaders example, whether it is positive or negative. It is obvious that the leadership culture within our organization is ineffective and employee productivity and morale has slipped to unacceptable levels. Because of our current situation, the following information is presented to you, as managers and supervisors, as a guide to help you become a more effective leader. There are many theories on how best to lead and motivate employees, however, for our purposes, we will concentrate our study and efforts on the situational leadership theories. Situational Leadership Theory and The Leadership Culture One of the ways we can improve our leadership skills is through the studyShow MoreRelatedSituational Leadership Theory And Organizational Leadership1422 Words à |à 6 PagesSituational Leadership Theory and Organizational Leadership Dwight D. 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More importantly understanding the organizational leadership theories can support the growth an d development of leadership skills and identify potentialRead MoreSituational Leadership in Hospitality1607 Words à |à 7 PagesSituational Leadership in Hospitality If one look at the nature of the hospitality industry, it is serviced-base, it is labor-intensive, it is renowned for its high staff turnover and labor diversity in term of age, culture, and background; one may conclude that the industry is all about people. When people become the most valuable asset of an organization, simply managing them is no longer sufficient to compete in todayââ¬â¢s challenging business world. Leadership has become the new key operative wordRead MoreWhy Leaders Cannot Change Their Style1565 Words à |à 7 Pagesperson or a group of people. In Great Man theory, some individuals are born or by force of personality reach positions of influence so that they can dominate the directions of others (Buchanan et al, 1997). Those leaders are born to have the ability to take up the leadership positions in any situations. Leadership styles are behaviors displayed by a leader when they encounter both followers and change (Mclaurin Amri, 2008). Nowadays, organizational change has a serious implication for the survivalRead MoreThe Theory Of Leadership Theory940 Words à |à 4 PagesChapter sixteen discusses various leadership theories which can implemented by leaders to achieve success. The choice of leadership theory differs from leader to leader as they possess different vision and way of managing. A theory isn t always perfect in itself, it is the endless effort of the leaders which makes the theory a perfect one. Two approaches of leadership that I prefer are Situational Leadership Theory and Servant Leadership Theory. Among many theories I prefer these two because I tendRead MoreLeadership And Ethics Of Leadership1448 Words à |à 6 PagesLeadership and Ethics Leadership styles and approaches vary from situation to situation, including the personality, knowledge, skills, and abilities of the leader and the followers. Employees teach the leader how to lead them. Their competence, ability, and willingness to complete a task are indicators, which assist the direction of leadership the leader takes. Keeping all of this in mind, we will describe and analyze the Situational and Style leadership approaches. Situational Leadership Read MoreTheories of Leadership Essay example1492 Words à |à 6 PagesSituational Leadership: Houses Path-Goal verses Hersey and Blanchards Leadership Model Situational Leadership: Houses Path-Goal verses Hersey and Blanchards Leadership Model Do you ever reflect on someone that had or has such a positive impact on you that when you think of them words like competent, inspiring, intelligent, courageous, respect, and mentor come to mind? Chances are all of us have had or still have someone like this in our lives, and that someone, is an effective leaderRead MoreLeadership Styles And Theories Of Leadership Essay873 Words à |à 4 PagesGenerally, leadership is the art or process of influencing followers and subordinates to achieve the organizational goals. It helps an individuals or a group to identify its goals and assists in achieving the stated goals. Because of importance of leadership all kinds of group action, there are considerable number of researches and theories on leadership and many kinds of leadership styles like Greatman theory, power influence, Trait approach, Behavioral, Situational or Contingency approaches;Read MoreThe Theory Of Leadership Theory868 Words à |à 4 PagesChapter sixteen discusses vario us leadership theories which can implemented by leaders to achieve success. The choice of leadership theory differs from leader to leader as they possess different vision and way of managing. A theory isn t always perfect in itself, it is the endless effort of the leaders which makes the theory a perfect one. Two approaches of leadership that I prefer are Situational Leadership Theory and Servant Leadership Theory. Among many theories I prefer these two because I tendRead MoreLeadership And Its Theory Of Leadership883 Words à |à 4 Pages Leadership Leadership has been around for thousands of years, yet experts are still unable to agree on a universal definition. Perhaps it is because leadership is a complex, multidimensional concept that continuously evolves. Nevertheless, explaining leadership and its theories and approaches is a monumental task (Henman, n.d.). According to Day and Antonakis (2012), leadership is essentially an influencing process. Its effectiveness largely depends on leadership behaviors and followers perceptions
Wednesday, May 6, 2020
The Original Tonka Truck Manufacturer - 1413 Words
Remember when most boys you knew played with some shape or form of the Tonka Truck. I am talking about the original Tonka Truck Manufacturer. With the end of WWII and the beginning of Christmas 1962 the business of converting or supporting the war effort to something more peace time related was underway. New companies were popping up across the country and three visionary, entrepreneurs seized on an opportunity and Mound Metalcraft Incorporated was formed on September 18, 1946 by Lynn Baker, Alvin Tesch and Avery Crounse. The new company purchased a three story school building built in 1908 near beautiful Lake Minnetonka in Mound, Minnesota. The business model for their new company was to manufacture closet accessories like tie racks andâ⬠¦show more contentâ⬠¦If Tonka wanted to compete with the likes of Buddy L, Marx, Nylint, Structo, Wyandotte and others, they had to diversify their model offering. To that end, Dump trucks, Wreckers, Semis, and Box Vans all made their initia l appearance prior to 1955. By mid-1955, Mound Metalcraft moved into a new manufacturing facility that handled their ever increasing product line and an insatiable appetite by consumers for Tonka trucks. Fast forward #100 Steam Shovel to 1982. (This is a brief history) (http://www.neatoldtoys.com/history.htm) A major blow to Tonka s Minnesota workforce, was that steel truck manufacturing began to move from Minnesota to El Paso, Texas in 1982 with the transfer of equipment and production completed in 1983. Then in 1991, Tonka Toys was purchased by Hasbro Incorporated, the second largest toy company in the U.S.A. In 1998, and still under the Hasbro brand, the steel truck manufacturing was completely moved out of the United States to mainland China. Therefore in today s global manufacturing markets, Made in the U.S.A. takes a backseat if it affects the bottom line. Forward to May 10, 2014, and the Tonka brand is still part of the Hasbro family and is still manufactured in China. The once mighty Tonka brand has been diluted with small plastic trucks. The original factory in Mound, Minnesota looks much the same as it did when it closed in 1982 accept it is home to multiple tenants. The factory in El Paso includes administrative offices, plastic blow
Evaluation Report for Lemon and Camerota - myassignmenthelp.com
Question: How could the interview participants have managed themselves and the interview more effectively? Answer: To know how each and every participant would have done better, it is important to first know the roles and the powers of each and every participant. The ball was more on the side of Lemon and Camerota. The reason for stating so is because they were the ones asking the questions and controlling the whole event(Ghaffar, 2009). With that in mind, it is evident that they would have more control of the interview as compared to Aslan. Aslan was just a person who was in place to contribute to a topic that was already in place. Therefore, his part was like only adding spices to a mean that the menu and ingredients were already provided. The way that each and every person conducted him or herself in the interview has so much to do with what he or she would have done better. Camerota Between Lemon and Camerota, Camerota was the one who contributed much and took more time in the whole interview from the journalists side(Jasperse, 2012). Such is seen where she initiates arguments and goes ahead to a battle with Aslan so as to prove her point. There are different ways that she would have managed the interview more effectively as well as herself. First, a journalist is the voice of the society. Society is diverse, and therefore, it needs a person who stands in the middle and makes all side feel represented and respect. It is evident that Camerota took a side in the whole conversation(Johansen, 2012). The work of the journalists is to make news and to gather information without biases. When a journalist takes a side, it becomes his or her interest and not the interest of the viewers. Why state so? The viewers of the interview might have been Islamic and maybe Christians(Karakus, 2012). It is the responsibility of a journalist not to make a specific population feel like the journalist is against it. Therefore, to manage herself more effectively, Camerota ought not to have taken any position in the debate; her work was to get information from Aslan(Lamarque, 2009). Second, Camerota failed to give Aslan a chance to explain his points at times. By watching the interview, one would realize that sometimes Camerota would cut off Aslan because she wanted to pass a specific point. When one does not give a partner a humble time to prove his or her point, the conversation might turn chaotic. Such was almost the case in some instances; Camerota would stop Aslan from explaining his point. Camerota ought to know that she was at the center of the conversation. Such means that the work was to make sure that allegations that had been made by Maher are proved to be factual or mere personal opinions(Tekleab, 2009). Therefore, the case only called for the contribution of the professional invited and in this case, it is was Aslan. Like Lemon, Camerota was supposed to contain herself and try not to initiate arguments with Aslan. Third, as far as the effective management of the interview is concerned, Camerota failed to stick to her purpose. The best way to bring out the point is by comparing her with her partner(Tsai, 2009). When Lemon started talking, he was calm and straight to point. That is a strategy in journalism that helps the source to provide as much information as possible. In the whole interview, if Camerota were not in the newsroom, one would have confused her for a professional who was brought on board to contribute to the whole debate (Khamilov A.B, 2014). Lemon Lemon is one of the participants who conducted themselves well in the interview. However, there are ways in which he would have managed the interview in a more effective way. Seeing that Lemon was the person who initiated the conversation and introduced the topic, it is more likely that he had the power to control the whole interview (Paula, P,2010). As far as his character is concerned, he did not go past the purpose. However, his partner ought to have been controlled. How would Lemon do so? Lemon would have made sure that not too much is spent by Camerota. The reason for stating so is because Camerota became more of a participant in the conversation than a journalist. Lemon would also have made sure that there were two different people opposing and proposing the topic of discussion. It was not fair to bring one person who only refuted the claims that Islam does not support peace. Though there were remarks from Maher, at the time of discussion, they were not well represented. If the re were an availability of a person who supported the claims of Maher or Maher, the discussion or interview would be effective because it would be representing views from both sides. Aslan Aslan demonstrated that he stands by what he believes in. There are different areas that would have made the interview and the contribution of Aslan more effective. One, at some point, there were arguments between Aslan and Camerota on the issue of discussion. It would have been easy for Aslan to avoid that. First, he would have avoided that by making sure that he gives the journalists an enough time to ask questions. When two people talk at the same time in an interview, it becomes more of just a mere argument than a constructive discussion. There are points when Aslan and Camerota talk at the same time. The worst about it is that they both believed that they were right and that even led to them raising their voices to one another. Aslan, as an active member of the discussion, had a chance to change the scenario(Awad, 2010). Letting Camerota complete what she was talking about would make the interview orderly and smooth. Two, Aslan trashed almost everything that was said by Maher and Camerota. Such was one of the reasons why his conversation with Camerota was extensive and full of argument(Akinwale A, 2010). In any given discussion or argument, it is imperative to accommodate the views of others even when they are against what you believe in. Aslan acted like a person who was righteous and treated others and people who did not know what they were talking about. As a result, the interview turned chaotic at some point. It is difficult to convince a person who believes what he or she knows is the only right thing. For the sake of the whole interview, it would be important if Aslan would accommodate the views of others that were based on facts(Brusko, 2010). For example, some of the issues brought forward ailing the Islamic nations might be problems experienced in some of the African nations. However, that does not justify why they are being carried out in the Islamic nations. Aslan was quick to trash the claims just because he believed in something different from the people in the interview. The third way was to eliminate biases. It is evident that most of the information that Aslan provided was crowded with biases(Ellis G, 2010). The reason for stating so is because he did not want to pay attention to any information that stated otherwise. By so doing, the interview looked like it was more on one side than the other; diverse views were not accommodated. References Akinwale A, A., 2010. Integrating the traditional and the modern conflict management strategies. African Journal on Conflict Resolution, 3(10). Awad, G.H., 2010. The impact of acculturation and religious identification on perceived discrimination for Arab/Middle Eastern Americans. Cultural Diversity and Ethnic Minority Psychology, 1(16), p.59. Brusko, L., 2010. Organized Chaos: A Survey of Conflict Management Strategies, Gender Roles, and Status in an Organizational Setting. UW-L Journal of Undergraduate Research, XIII. Ellis G, M.S.M.a.P.B.C., 2010. How democracies keep the peace; Contextual factors that influence conflict management strategies. Foreign Policy Analysis, 4(6), pp.373-98. Ghaffar, A., 2009. conflict in schools;its causes management strategies. Journal of Managerial Sciences, 3(2). Jasperse, M..W.C.a.J.P.E., 2012. Identity, perceived religious discrimination and psychological well-being in Muslim immigrant women. Applied Psychology, 2(61), pp.250-71. Johansen, M.L., 2012. Keeping the peace; Conflict management strategies for nurse managers. Nursing Management, 2(43), pp.50-54. Karakus, M..S.C., 2012. The Effects of Parental Involvement, Trust in Parents, Trust in Students and Pupil Control Ideology on Conflict Management Strategies of Early Childhood. Educational Practices; Theory and Practice, 4(12), pp.2977-85. Khamilov A.B, S.D.V., 2014. CONFLICT MANAGEMENT STRATEGIES. 1st ed. Lamarque, F.A.J.F.L.O.-O.Y.B.L., 2009. Human-wildlife conflict in Africa; causes, consequences, and management strategies. Food and Agriculture Organization of the United Nations, (157). Paula, P, 2010. Organizational communication and conflict management systems. Nordicom review, 1(31), pp.125-41. Tekleab, A.G..N.R.a.T.P.E., 2009. A longitudinal study of team conflict, conflict management, cohesion, and team effectiveness. Group and Organization Management, 2(34), pp.170-205. Tsai, j.s.a.C.J.S., 2009. Influences of Chinese cultural orientations and conflict management styles on construction dispute resolving strategies. Journal of Construction Engineering and Management, 10(135), pp.955-64.
Tuesday, April 21, 2020
The effects of the EU political crisis on the economy
Introduction Since the commencement of the 2007/2008 global economic meltdown, speculations surrounding the economic situation in the euro zone have been quite rampant. Several reasons have led to the current financial struggles in the euro zone. The dwindling economic relevance of the region in the global market is one of the greatest misgivings in the European economy. Factors contributing to the ailing economic environment are either internal or external.Advertising We will write a custom essay sample on The effects of the EU political crisis on the economy specifically for you for only $16.05 $11/page Learn More External factors may include the current condition of the global market while the internal factors include political stability of countries in that particular region. This paper seeks to discuss the impacts of the political crisis in the euro zone on economic activities in the region. The current economic situation For quite a long time now, the banking industry in the euro zone has been struggling to survive in the financial market. The industry has been on a retarding growth for some years now. This has not created the best impression to prospective investors seeking to invest in the region. For instance, Greece, a member state in the EU, has been placed in a difficult situation with its insolvency, which can only be solved by restructuring its current debts (Weltman, 2013). Economists argue that trying to exit the euro market will amount to a self-destructive financial move that could destroy even the political structure in the country (Weltman, 2013). The only possible solution is to solve its financial problems within the confines of the single currency. Portugal and Ireland are also not safe from any kind of volatile actions in the euro zone. If the current situation deteriorates, these two countries will be exposed to serious financial problems (Weltman, 2013). Italy and Spain have recently lost market access in the euro region but the situation is not very dire hence, they can survive the impacts (Weltman, 2013). Nonetheless, if this continues, the two countries will be forced to look for lasting solutions to their financial instabilities. The debt of the European region has been greatly exposed by the banking systems in France and Belgium (Hughes, 2011). A scrutiny of the banking industry in the two countries shows that the capital needed to revive the industry is much higher compared with other countries.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This shows that both France and Belgium will have difficulties in recapitalizing their banking systems and this is a sign of a precarious financial future. The region has had a looming inflation rate reaching a record low of 3% and this has made the interest rates to remain very unstable in the region (Stavrou, 2011). The inflation rate has furthe r caused a decline in employment, as companies had to lay off their workers in order to maintain a reasonable wage bill (Palmer, Ketteridge, Marshall, 2010). The euro zone is suffering economically due to its combined sovereign debt crisis, banking crisis as well the competition in economic growth and development (Bezemer, 2010). As the economic gap grows wider, the region is exposed to greater financial challenges (Palmer, Ketteridge, Marshall, 2010). The economic situation is dire in the euro zone although the situation is the same globally. However, the leaders in the region are actively seeking to develop measures that can help to reduce the deficit spending and debt levels (Beetham, 2007). How do politics affect investor decisions? In every region, political stability is very crucial to the economic and political development. Political stability is one of the major factors that influence the decisions made by investors. Regions that are prone to rampant political chaos and ra mpages are less attractive to serious investors since the risk of investing in such areas is too high. Every administration has its own strategies and policies that govern the countryââ¬â¢s investment procedures. Therefore, investors will always look at the political trends in a region before they commit their resources in that economy. Political influence on the economy informs the decisions made by investors to invest on that economic niche. The legal and cost factors of any economic block are directly linked to its political standards (Aaronson Biggins, 2005). The political leaders create the legislations governing investment policies and influence the cost of investing in the region. Ultimately, this affects the attractiveness of the region to investors based on legal procedures and cost of operation. How does the Europeââ¬â¢s political turmoil affect the zoneââ¬â¢s economy? Economists argue that the euro zoneââ¬â¢s political crisis is the epitome of its ailing econ omy. They warn that the political crisis being experienced in the region is a clear wake-up call for looming economic challenges ahead.Advertising We will write a custom essay sample on The effects of the EU political crisis on the economy specifically for you for only $16.05 $11/page Learn More The political crisis has made it very difficult for the member-states to agree on the procedures of decision-making processes in the region (Aaronson Biggins, 2005). The Germans and the French are the two main players in the euro zoneââ¬â¢s struggle to revive the economy and the two have been accused of interfering with treaties in times of crisis (Palmer, Ketteridge, Marshall, 2010). As per the current situation, exiting the euro also means leaving the EU, which is a politically entrenched conjecture. The impact of this assumption is that it does not give democracy a chance and member-states are being coerced into remaining in the euro zone market (Solomon , Bamossy, Askegaard, Hogg, 2006). Therefore, it is very wrong for the European commission to rule out that any member-state considering exiting the euro must also leave the EU (Sloman Wirde, 2009). This is actually infringing the democratic rights of the member states hence interfering with membersââ¬â¢ political structures. It is clear that the dominant Sarkozy and Markel administrations are creating a possibility for the commission to force exiting members out. This will have negative implications on the EUââ¬â¢s common market. In addition, the rating agencies have been under intense criticism from the European lawmakers for what has been termed as political manipulation. The lawmakers accuse the rating agencies of being bias towards European assets (Trimikliniotis Bozkurt, 2012). This was seen when the rating agencies downgraded Portugalââ¬â¢s public debt to a lower category ââ¬ËBa2ââ¬â¢ (Panayiotopoulos, 1995). Impacts on potential investors In the case of Cypr us, the decision made by the Eurogroup to impose a haircut tax on deposits has already done unimaginable harm to the financial sector. Economists foresee a situation whereby foreign investors will withdraw from the economy especially the Russians (Harvey, 2003). The decision was condemned globally and this has created a negative image of the European common market. Destroying the banking and financial systems is not the only harm that the decision has had on the euro zone. The aftermath of the Erougroupââ¬â¢s decision on the Cyprusââ¬â¢ economy has greatly compromised the investorsââ¬â¢ confidence in the international banking (Christodoulou, 1992).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The ultimate and dire effect of this is that investors are no longer interested in the euro market as a prospective investment destination. This will have a lasting financial and economic repercussion on the entire region. The looming euro zone economic meltdown will have a dire and direct impact on the European Union integration process. It will further compromise investments in the region as the integration challenges may be perceived as lack of effective political leadership and consequent political instability. Investors will not commit their finances in a politically marred economic block. Foreign investors are keenly watching the EUââ¬â¢s decisions and plans with regard to the financial crisis facing the region. The EU is under close surveillance by investors and so far, the trend has not been very impressive. This is slowly causing investors to shy away from exploiting the EUââ¬â¢s market. Conclusion This paper has critically examined the role of politics in financial m arkets with a keen interest in the euro zone. In the second paragraph, the paper has given a general overview of the current situation of the regionââ¬â¢s economy. The different ways that politics can influence investorsââ¬â¢ decisions have also been outlined in this paper to help us understand the relationship between political and business environments. To show how political crisis can influence investors, the paper has discussed how the political turmoil in Europe affected the euro zoneââ¬â¢s economy. Lastly, at the end of the paper, the impacts of the political crisis on investors have been clearly summarized giving a specific example of the Cyprus case. References Aaronson, A. Biggins, B. (2005). Quantitative methods, European Journal of Research Methods, 9 (7), 10-13. Beetham, H. (2007). Retail Economics. Abingdon, UK: Routledge. Bessemer, D. J. (2010). Understanding financial crisis through accounting models, Accounting, Organization and Society, 35 (7), 676-688. Ch ristodoulou, D. (1992) Inside the Cyprus Miracle, the Labors of an Embattled Mini-Economy, Minneapolis, US: University of Minnesota. Harvey, D. (2003). The New Imperialism. Oxford, UK: Oxford University Press. Hughes, K. (2011). Europeââ¬â¢s political crisis at heart of euro zone meltdown. Web. Palmer, A., Ketteridge, S. Marshall, S. (2010). Political landscapes in Europe. Oxford, UK: Oxford University Press. Panayiotopoulos, P. (1995). Cyprus: The Developmental State in Crisis, Capital and Class, 1 (57), 13-53. Sloman, J. Wirde, A. (2009). Economics. Harlow, UK: Pearson Education. Solomon, M., Bamossy, G., Askegaard, S. Hogg, M. K. (2006). Consumer behavior a European perspective. Harlow, UK: Financial Times. Stavrou, P. (2011). The current economic and political situation in the Euro Area. Web. Trimikliniotis, N. Bozkurt, U. (2012). Beyond A Divided Cyprus: A State and Society in Transformation. New York, NY: MacMillan Palgrave. Weltman, J. (2013). Euro zone tremors continu e to ripple out ââ¬â ECR Q2 2013 results. Web. This essay on The effects of the EU political crisis on the economy was written and submitted by user Justus Rowland 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.
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