Discussion Assignment Example | Topics and Well Written Essays - 250 words - 75

Discussion - Assignment Example . This poem clearly brings out the theme of courage well. Unlike his peers who strive to impress the visiting audience, Michael chooses to do what he perceives right in his eyes even though he knows the backlash he would receive from the society. Since beginning of time, those who act contrary to the norms of the society are the ones who make a difference on earth. Like a child, he is at peace with what he does and loves. Like a rose has both the male and female parts, he blends both masculinity and feminism. Cultural conflict is the dominant theme in this poem. Different races and cultures are always in conflict with each other and in a bid to advance their ideologies or to prove their superiority over others; most conflicts end up in bloodsheds. In Casual Wear, a tourist woman falls victim to a vicious attack by the terrorist. While the odds are one to nine that she will be at the place of the attack, she ironically ends up there and is killed. The tourist may have come from a nation that was in conflict with the terrorist’s country. She wears extravagantly in a country that fashion is not taken seriously. Just like her clothes did not matter to the terrorist, so was her life. The main cause of terrorism is cultural differences. Using force or violence to counter terrorism will only result to more violence. The best method to stop terrorism would be to accept other people’s cultural, ideological and religious beliefs. Stereotyping people will only lead to more resentment. For example, Muslims are portrayed as terrorists in most Hollywood films. This should be banned. Ballad of Birmingham is based on a real life bombing of an African-American church in 1963. The poem begins with a girl begging her mother to go to a freedom march, but her mother refuses. She however allows her to go to church where she believes is secure. Unfortunately, the church is attacked by arsons and the little girl dies. The message that is clear is

GLOBAL POLITICAL ECONOMY Essay Example | Topics and Well Written Essays - 2000 words

GLOBAL POLITICAL ECONOMY - Essay Example He decided to focus on the ‘supply of money instead of keeping the interest rates low’ (Rugman 2003, p.110). In this way, the lowering and the stabilization (at low levels) of the inflation were set as the new priorities of the US monetary policy. Through the above practice, interest rates in US were increased from 11% (as in 1979) to 20% (in 1980s), a fact that led to a series implications for the US economy, as explained below. The changes in the US monetary policy as developed in 1979 have been considered as a key point in the American economy, affecting the practices developed by US monetary policy makers up today. The effects of the US monetary and fiscal policies on the country’s economy are discussed in this paper. Emphasis is given on the fact whether these policies have strengthened America’s position in the global economy or not. It is concluded that such target was achieved but not without implications. The high level of the country’s debt is an issue that should be addressed in order for the growth of the country’s economy to be real – in all its aspects. 2. U.S. ... Through the decades, the effects of U.S. financial and monetary policies on the country’s economy have been differentiated, in accordance with the local political and social conditions but also with the economic environment in the global market. In any case, the stabilization of inflation at low levels, a key target of the monetary policy makers of 1979 has been achieved. However, periodically, the use of the above policy, i.e. targeting on low inflation, has been proved to be a rather inappropriate practice in order to face the market pressures, a fact which has been highlighted in the literature. In order to understand the effects of the US financial and monetary policies since 1979 on the American economy, it would be necessary to refer to the historical development of these policies, i.e. their range of appearance. Then, their effects on the American economy could be identified and evaluated – taking into consideration the conditions in the global market. One of the key characteristics of the update of the US monetary policy of 1979 has been the following one: emphasis has been given on lowering the inflation and keeping it on low levels. A strict monetary policy was used as a tool for achieving the above target (Allen 1999, p.170). The initial effect of the above policy has been the significant increase of the ‘LDC (less developed countries) borrowing rates’ (Allen 1999, p.170). Because of the above practice, the country’s economy has been negatively affected – the recession of 1981-1982 has been unavoidable. In this context, the initial results of the economic reform of 1979 in US – referring to the increase of the priorities of the country’s monetary policy, as described above – had been negative. A similar assumption is developed in