Saturday, September 7, 2019
Multinational competitin and Corporate Social Responsibility analysis Essay - 1
Multinational competitin and Corporate Social Responsibility analysis of Burberry - Essay Example The design, development, production and selling of the products of the company are all based in United Kingdom. However, the fabric and other material for the manufacturing of the products are done on the company own facilities in United Kingdom (Burberry, 2015a; Reuters, 2015). At present the international, apparel, accessories market and market for luxury goods have shown a low growth from the 2007 to the year 200, but from the year 2010 the entire market has witnessed some acceleration and reached up to moderate growth and predictions said that the market is expected to be stable by the end of 2016. The total revenue of the apparel, accessories and luxury goods global market is expected around 1,778.5 billion for the year 2011. The figures represent a 3% CAGR (compound annual growth rate). The report also revealed that the sale of the apparels is the most lucrative one in the global market of apparel, accessories and luxury goods in the year 2011 and it has captured the 66.1% of the overall value of the market in terms of revenue. In this perspective, the market performance is forecasted to accelerate in coming five years with an expected compound annual growth rate of 3.9% and with such percentage the market value is driven to reach the level of 2155.1 billion by the end of the year 2016. When it comes to Burberry, the focus of the company is towards several different segments in the population but the theme of the company is same that is, it is inclined toward functional luxury. Burberry foes not only serve to the young and adults but also the company has good range luxurious products for kids. At present the main focus of the company is three main regions. The Asia Pacific region represent the 39% of wholesale and retail revenue, the European, African and Middle Eastern region along with India (EMEIA) hold 36% of the revenues where as the contribution of America is 25% in the total revenue of Burberry
Friday, September 6, 2019
Political Movement in Hong Kong Essay Example for Free
Political Movement in Hong Kong Essay A. Introduction Moral and national education is a school curriculum proposed by the Education Bureau of Hong Kong to replace the original civil and moral education which aimed at developing a positive value and attitude of students, building a well quality of moral and national sense.1 In 3rd October 2010, the Hong Kong Chief Executive, Donald Tsang stated in his policy address, the moral and national education will be introduced to the education syllabus of the primary school and secondary school in 2012 and 2013 respectively with the aim of strengthening the national education of students in Hong Kong. However, this curriculum brought to a large controversy among the society of Hong Kong. Organizations like the scholarism, national education parent concern group and the Hong Kong Professional Teachers Union, etc. opposed the need of proposing this curriculum for two main reasons, first, that is unnecessary to introduce this subject independently since the syllabus of Chinese history and Liberal studies have overlapped with moral and national education. Second, this curriculum is compulsorily introducing the sense of national patriot to students, education will come down to be the tool of political brain washing to students. Therefore, various social networks organized an anti-national education movement, which resulted in a great ring of the public and the concession of the government. In this movement, social networks play an important role, they facilitate the mobilization of people, bringing awareness of the people so as to enlarge the scale of the movement. In this paper, I will mainly investigate the role of social networks in strengthening and undermining the movement, and also the effort tin bringing participant with different or similar background together. On the other hand, I wll discuss the importance of internet in strengthening and undermining the movement in various aspects. B. Strength of social networks in unfolding the movement There are a few social networks that remarkably helped the development of the anti-national education movement, not only on their own work, but also in attracting the other social networks to join their work and charm the participation. 1. Scholarism The first social network strengthen the movement is scholarism, thisà organization is founded by a group of post-90s in 2011, which aimed at opposing the implementation of national education curriculum in Hong Kong. They are the originator of the anti-national education movement and then raise the attention of the people. Early in the 1st July 2011, they have joined the Hong Kong 1 July protest to speak out their request to government to withdraw the implementation of national education in Hong Kong education curriculum. Their voice and popularity then rose with a chain of participation in different movements organized by other social networks, for instance, they have joined the petition demanding the redress the June fourth incident in China, attend the TV programme City Forum, etc. Scholarism tried their best to get the attention of the government and also the public, many other social network have then discover and aware this organizations, nearly 20 social networks, for instanc e, national education parent concern group and the Hong Kong Professional Teachers Union then joined together and formed the alliance of opposing national education. The theory mentioned by Della Porta, D. and Diani, M. can be applied to this, people can often become involved in a specific movement or campaign through their previous links, and their participation will forges new links. The alliance then took a great step to unfold the movement by organizing a demonstration with the slogan of ââ¬Å"no brain washingâ⬠on the 29th July 2012. 2. National education parent concern group The second social network that remarkably helped to unfold the movement is the national education parent concern group. This organization is founded by Chen Shik Chi, a lecturer of the Hong Kong Chinese University. The aim of this organization is to request the withdrawal of national education from the education curriculum in Hong Kong. Within a month, the number of members of this organization has risen to near 1500. This organization is relatively not a political one, the participants are not political leaders or activists, rather is the parents of the students in Hong Kong, with a specific target concerned group, it is easier for them to attract the members. The organization has joined several social movements related to their opposition in national education. For instance, they are one of the member organizations of the alliance of opposing national education, and helped in the 729 demonstration, later collect signs of people in differentà districts for their support of anti-na tional education. As we can see that the organizations that particularly active in the anti-national education movement are neither some traditional political organizations nor some large scale organization with a wide range of membership. Yet they are only freshly established organizations with relatively small base of membership and short history. Why they were success in bringing the anti-national movement that topic-catching is the nature of the organizations and the close contact with other social networks. Internally, the unity between members will be denser and more integrated since the base of membership is small, it will be easier for the members to contact with each other and get all-round information, the scale can prevent the situation that members in the group will easily get ideological distinctions and rivalries, the internal network will then be more fragmented. Secondly, with the same goal of requesting the government to withdraw national education from the curriculum, there are many organizations from different groups joined their movement which then formed the multiple affiliations. Multiple affiliations is meaning the linkages between different organizations. This helped a lot in boosting the unfold ing of the movement, for instance, this can facilitate the personal contact and the development of informal networks which can encourage the individual participation and the mobilization of resources. Leaders of different organizations can contact each other for the sharing of information and the plan of movement, most importantly, they can get a consensus on the representations of the movement, so that will form a stronger force of opposition to their enemies. Not only for the leaders, the members from different groups can cooperate with others, for instance, the elites of groups can work together and decide a better plan for the movement. Moreover, the wider range of membership will also increase the participation of the social movement. The overlapped members, that is the members that belongs to the different groups in the affiliation, takes an essential role in circulation of information which helps a lot since the more the information the group can get, the more they can control the speed of mobilization. C. Limitation of social networks in unfolding the movement Although the small scale of the organization can bring the higher efficiency of decision making, it also has some setbacks. Since theà membership base of the organizations is quite narrow, it is hard for them to expand their group internally. The people who intended to join an organization due to three main reasons, first, they will look at the number of individuals in the organization, especially some political ones. People seems to be attracted by the political leaders in the organization so as to join it, then both Scholarism and the National education parent concern group cannot fulfill this requirement. Second requirement is the amount of previous experiences of collective action which is meaning the effort of the organizations in joining or organizing collective actions. Both social networks again are freshly established two years ago, the experiences in participating in collective actions must be relatively less than the traditional groups like the political parties. As we c an see from the two requirements, it is really hard for the two social networks to expand their scale in terms of structure and membership which are crucial in the development themselves and participation in the movements they organized.
Thursday, September 5, 2019
Hepatitis causes and effects
Hepatitis causes and effects Abstract Hepatitis, one of the major incurable diseases, still exists nowadays endangering many peoples lives. It has many types i.e. Hepatitis A, B, C, D, E and G. The nature of Hepatitis is viral which is caught by either through body fluids or improper personal hygiene in addition to other causes which remains unknown. This disease leads into serious physiological effects such as fatigue, jaundice and serious liver complication like liver Cirrhosis. Psychosocial effect which is another outcome of Hepatitis includes social withdrawal, anxiety, depression and suicidal tendency. Despite of the extensive researches to find a cure for Hepatitis, there is still no effective treatment for it so the responsibility of avoiding this infection is both on government and individuals. Hepatitis is one of the most fatal diseases which was discovered in the early eighties; it can be defined as an inflammation of the liver organ. Hepatitis is derived from the Latin words Hepat which means the liver and itis inflammation. The usual cause of Hepatitis is a virus that invades the body through blood stream. This virus could get into the body either through body fluids or improper personal hygiene, leading to serious physiological and psychosocial effects. There are several types of Hepatitis, such as A, B, C, D,E and G. A, B and C viruses are the most common types of Hepatitis and all these viruses can cause similar problems and have similar symptoms, but they spread in different ways and have different effects on the body. There are several modes of transmission including contaminated body fluids, improper personal hygiene in addition to idiopathic causes. Contaminated body fluids include saliva, blood, feces and urine. Blood transfusion is the most common method, where the blood is transferred from an infected patient to another patient what would be called Horizontal Transmission. Another method is the Vertical Transmission which occurs when a pregnant woman pass it to her fetus. Furthermore, contaminated needles shared by the drug abusers or in medical accidents such as needle pricksâ⬠is another way emphasized by (Nowak and Handford, 2004, p.379). Having unprotected sex and multi-partners are other ways leading to this disease according to Nowak and Handford (2004) whom reported that Sexual transmission does occur, particularly among the homosexuals. Note also that 20% of infected heterosexuals pass the virus to their spouses.(p.380). All of the above mentioned causes can lead to Hepatitis B a nd C which are the most dangerous ones. The second major cause of Hepatitis is poor hygiene, for instance, personal and general. To start with contaminated water such as sewage lanes, rivers and public toilets are places of great risk for caching Hepatitis A especially to those who live nearby. This type of Hepatitis is usually transferred by feces according to Fiore (2004) HAV is primarily transmitted by the fecal-oral route, either by person-to-person contact or by ingestion of contaminated food or water (p.705-15).Moreover, unwashed vegetables and shellfish, such as clams and oysters may be contaminated by sewage to become sources of infection to humans. Also, personal hygiene is another element for contacting hepatitis and can occur by sharing razors, toothbrushes and towels, and leads to Hepatitis B and C. Despite previously discussed causes of this disease, there is still a great sector of hepatitis which remains unknown. Statistics shows that approximately 30% of hepatitis B infection are of unknown origin.40% of Hepatitis C cases are idiopathic (Nowak and Handford, 2004,p.379-80). Where another article points that sources is unknown but could be considerable; 50% of reported patients with hepatitis A do not have an identified source of infection (Fiore, 2004, p.706). But McHutchison Bacon (2005) emphasized in their diagram of Figure 2: Sources of Infection for Persons With Hepatitis C that only 10 % of Hepatitis C infection are unknown(p.S287). There are many effects of this disease which lie under the two categories: the physiological effects and psychosocial effects. Where the physiological effects contain all the symptoms of Hepatitis, the psychosocial effects indicate the emotional and social consequences of being a Hepatitis patient. The symptoms of the various forms of hepatitis are similar and they are caused by the damage in the liver. The most noticeable symptom is jaundice which causes a yellowing of the skin. Other symptoms associated with hepatitis include fatigue, general body pain, nausea, mild fever, and loss of appetite. As the infection spreads in the liver, the organ becomes enlarged. It may cause pain in the abdomen and in worst scenario can lead to liver Cirrhoses which mean total liver damage and eventually death. It takes seven to eight weeks after exposure to the Hepatitis virus for the symptoms to appear. A patient with Hepatitis is not only predisposed to physical symptoms, but also to emotional and social problems. These complexities include depression and social withdrawal as each one leads into the other, added to that depression and anxiety which commonly occur together. Anybody who suffers from Hepatitis will be anxious and this anxiety may lead in to depression in sever cases, for example when a patient suffers from Hepatitis and he knows it is a serious illness defiantly he will not stop worrying, these worries can make the person preoccupied with his illness and lead him to depression. Moreover, a Hepatitis patient social withdraw as a result of being unable to find a partner who is willing to live with this fatal disease. It is also hard to make people understand the nature of this serious disease and make friends and families accept and accommodate it. All this may drive the patient to be lonely and tempt to be suicidal. To sum up, Hepatitis is still one of our life time mysteries to be solved. The spread of this disease is mostly due to the natural or hygienic causes in addition to some percentage of idiopathic causes which is still unknown. Like any other illness, Hepatitis has many drawbacks which could be listed under two categories physiological and psychosocial. Unfortunately, despite the advanced field of medicine Hepatitis remains un-ended and research continues in order to find the ultimate treatment for it. Until a final cure is found, precautionary steps should be taken by both government and individuals. The government is responsible to ensure infection control awareness over this disease through its health system. But it is a personal responsibility to prevent oneself from this disease as well as any other disease by following the simple rules of hygiene and ensure to get proper health care from reliable health establishments only. References Fiore, E. (2004). Hepatitis A Transmitted by Food. FOOD SAFETY, 38(1), 705-715. McHutchison, J. G., Bacon, B. R. (2005). Chronic Hepatitis C: An Age Wave of Disease Burden. THE AMERICAN JOURNAL OF MANAGED CARE, 11(10), S286-295. Nowak, T. J., Handford, A. G. (2004). Pathophysiology :Concepts and Application for Health care Professionals (Third ed.). NY: Mc Graw Hill. Prevention, C. f. D. C. a. (2009). Disease burden from viral hepatitis A, B, and C in the United States [Electronic Version]. Retrieved 9 Dec 2008 from http://www.cdc.gov/ncidod/diseases/hepatitis/resources/dz_burden02.htm.
Wednesday, September 4, 2019
Brown vs. Board Of Education :: Teaching Education
Brown vs. Board Of Education As the Civil War ended and Slavery did, too, the question of African Americanââ¬â¢s freedom did not. African Americans had been given their freedom from slavery but not their freedom from segregation. In 1896 after the Plessy vs. Ferguson court case, the Supreme Court found that segregation, ââ¬Å"separate but equalâ⬠, in public facilities was not against the Constitution. ââ¬Å"Separate schools for blacks and whites became a basic rule in southern society.â⬠All that was about to change. In Topeka, Kansas there was a little girl by the name of Linda Brown. She had to be driven five and a half miles to a black school when she lived four blocks from a public school. ââ¬Å"The school was not full and she met all of the requirements to attend ââ¬â all but one that is. Linda Brown was black. And blacks werenââ¬â¢t allowed to go to white childrenââ¬â¢s schools.â⬠That was a controversial issue among blacks. In 1954 thirteen parents filed a class action suit against the Board of Education of Topeka in hope for equal education opportunities for their children. That and the desegregation period was the idea behind the case. It was the first challenge of the ââ¬Å"separate but equalâ⬠ruling had been challenged. The thirteen parents were backed by many African American community leaders, the NAACP, and the NAACPââ¬â¢s lawyer Thurgood Marshall. However, against them were pretty much the whole south, many elected officials of Congress, and the Governor of Alabama - George Wallace. On May 7, 1954, the Supreme Court unanimously ruled against segregation and was unconstitutional because it violated the fourteenth amendment by separating them because of the color of their skin. The decision a victory proved of significant importance. Few blacks and eventually many started attending non-segregated public schools. It proved to be Thurgood Marshallââ¬â¢s greatest victory and in 1967 he was appointed as the first black member of the Supreme Court.
Tuesday, September 3, 2019
Argentina Essay -- essays research papers
I. INTRODUCTION Argentina lives in a democracy since 1986. Before this year lived it under a military regime. In the nineties under the presidency of Menem the country experienced a great increase in the liberalization of trade. Argentina has a free market economic system. Due to the recent privatization program, the State now has a very limited role in the economy. According to the Competitiveness Report of the World Economic Forum Argentina is classified as one of the most open, least protectionist countries in the world. Its currency is convertible to the US dollars and there is total freedom for moving capital internationally. Argentina has conducted one of the most intensive privatization programs in the world. The telephone company, airlines, most railroads, electric power production companies (including hydroelectric power plants), the Argentine oil company YPF (bought by the Spanish company Repsol) steel mills, ports, TV stations and most public services were transferred recently to the private sector. Consistent with Fundacion Invertir the combined value of privatized firms amounts more to more than US$ 30 billions. Many foreign firms have participated in this large-scale privatization program. Foreign investors do not need to seek any kind of prior approval and are free to repatriate full amount of their capital and earnings any time. Foreign and domestic companies are treated equally. Under the law, they have access to all economic sectors and are eligible for incentive program and state procurement. II. TRADE PATTERN It is hard to state the type of trade that exists between Argentina and Brazil in the automobile industry because both countries import and export cars of the same brand and very similar models. Volkswagen produces some of its model of cars in Argentina and some others model in Brazil. The reason for this is to achieve economies of scale; each country specializes in a certain model of car, by doing so they reduce the cost of each additional unit. Another reason for specialization of production in each country is that it might be cheaper to produce a certain model in either Argentina or Brazil. Several companies as Volkswagen have invested in production facilities in Mercosur. Additionally, joint ventures between local and foreign parts manufacturers have improved quality. A report on Argentina auto parts/services announced that loca... ...stment payments, and transfers. Argentina has generally maintained a deficit position in trade in services, and has historically paid out more investment income than it has received, keeping its finances on edge. Countries whose foreign direct investments keeps up with its domestic growth can afford such disparities. Nevertheless Argentina's deficit current account shows that the economy might be hurt even more by capital flight. Thus the development of exports, especially nontraditional ones, is taking on greater urgency. In recent years exports of manufactured products increased at respectable rates. "In 1995 industrial products grew 40 percent while primary products and manufactured agricultural products each grew 29 percent. In 1996, exports of industrial products decreased 0.6 percent, primary products grew 21 percent, and manufactured agricultural products 13 percent. In 1997, exports of industrial products grew 27 percent, and manufactured agricultural products 7 percent, however the primary products decreased 2.4 percent. Imports of capital goods and parts are a major component of total imports, which are being used to increase productivity." (Fundacion Invertir)
Monday, September 2, 2019
Essay --
ââ¬Å"I was crying and all, I donââ¬â¢t know why, but I guess it was because I was feeling so damn depressed and lonesomeâ⬠(53), Holden says. As humans, we have a hard time belonging in society. This is the same case for Holden Caulfield, the main character from the Catcher in the Rye. The Catcher in the rye, a novel by J.D Salinger, is about Holden, a lost boy in desperate need of help. Throughout the novel, Holden seems to be excluded by the world around him. He continually attempts to try and belong in a world in which he is isolating from. In this novel, Salinger uses symbols such as the red hunting hat, the ducks and Allieââ¬â¢s glove to support the theme, belonging and isolation. In the beginning of the novel, Holden says to Mr. Spencer he feels trapped on the ââ¬Å"other side of life.â⬠This clearly demonstrates how Holden doesnââ¬â¢t feel that he belongs in the world he lives in. Holden has his hunting hat as a source of protection. Holden buys a red hunting hat in New York for a dollar. The hat has a very long peak, and Holden wears it backwards with the peak aiming behind him. ââ¬Å"â⬠¦I swung the old peak way around to the back-very corny, Iââ¬â¢ll admit, but I liked it that wayâ⬠(17), Holden explains. Holden puts his hat on when heââ¬â¢s under a lot of stress. The hunting hat not only symbolizes protection, but it also symbolizes Holdenââ¬â¢s uniqueness and individuality. Holden doesnââ¬â¢t wear his hat because itââ¬â¢s fashionable, but only to keep his individuality and to feel safe. In the cab Holden put his hat on and says, ââ¬Å"Iââ¬â¢d put my red hunting hat when I was in the cab, just for the hell of it, but I took it off before I checked inâ⬠(61). This quote illustrates how Holden thinks itââ¬â¢s necessary to wear the hat in order to feel safe. But at the same time, Holde... ...ing stays frozen and everyone belongs in society. Therefore, during the winter time, the ducks are isolated as once, but they still belong together. Holden is isolated from the people around him and he is more protected within himself. Holden doesnââ¬â¢t know how he is going to make it through his own winter, just like he doesnââ¬â¢t where the ducks will end up during winter. Throughout the end of the novel, Holden isnââ¬â¢t lost anymore. His younger sister, Phoebe helps pick himself right up from isolating. The red hunting helps Holden from isolating. Allies mitt helps Holden bring back all the old memories of his younger brother, Allie. Holden compares himself to the ducks because he feels like he will isolate away from society just like the ducks do during the winter time. Thus, the ducks, Allieââ¬â¢s mitt and the red hunting hat relates to the theme, belonging and isolation.
Sunday, September 1, 2019
Causes of increasing alimentation prices
The divertive utilization of rice alignments to biofuels production is considered a result of the soaring food prices of our recent age. The resultant utilization of alimentations, more so rice hulls in many countries is highly preferred for use in biofuels production. Bio-extraction of ethanol from plants is considered as environmentally friendly as some analysts say it contributes to curbing the issue of global warming by reducing the concentrations of green house gases in the atmosphere. Because the waste product of rice becomes commercialized, it makes rice of any type or species to be valuable and consequently makes its price increase.(Saha et al, 2004) Unfair trade agreements imposed by rich nations that try to undermine poor nations making them unable to determine their policies of food production have also contributed to a higher localized supply in rice. A good example can be cited by Shah (2008) where she reveals that the Doha World Trade Organization meeting intended to as certain poor nationsââ¬â¢ profitability in global trade did not materialize due to the developed nations view that the undeveloped nations would not ensure the end part of their bargain in the talks.The technology of genetic modification has also fuelled the high prices in foods in comparison of organic foods and genetically modified ones due to the cheap prices of the later in terms of competition. However, research by environmentalists has shown that the genetically modified (GM) foods have negative attributes to the ecological set up and consequently the human health system.The prevalence of the GM foods in the developed nations has seen demand of the higher priced organic foods increase in time due to the health effects associated with the former. The increasing population has seen the demand of food increase causing its consequential higher production. Rice being a staple meal in Asia has seen its exports being restricted to ensure that people specifically in the Asian natio ns of India and Chain can sustain their people with enough food. China with a population of about 1.3 billion people is the highest populated nation in the world followed by India. The governmentââ¬â¢s priority to feed the people comes first and thus has seen the exportation control of agricultural produce to other nations causing a shortage of food in the global market which by laws of economics dictates increase in commodity prices when supply is low. The exorbitant costs of inorganic fertilizer and other farm inputs for agricultural practices have also contributed to the increasing food prices.This is because the costs of production are also reflected in the end price of the agricultural produce, therefore if the price of one input increases, it will inevitable cause a rise in the end product as the farmer can not take up that cost for the benefit of the consumers since it will be tantamount to losses in business. In the UK, farmers are facing a 15% hike in fertilizer prices t hat is hurting the agricultural sector. This surge in prices is cited to have arisen from anti dumping taxes on nitrogenous fertilizers in the UK from some nations since 2000 that has seen a monopoly in the supply of fertilizer.(Walker, 2007) From the beginning of 2003 when the Iranian invasion began, oil prices have been going up exponentially that indirectly instituted high price of food. This was and is being attributed to low production levels of crude oil, thus diminishing supply due to the increasing preference of biofuels. The link between the soaring food prices and the high energy prices is that food needs to be transported to one part of land to another more specifically in relation to our globalized world that increases distances of destination.The modes of transportation used are mostly powered by by-products of fossil fuels that are expensive as could be seen by the highest recorded price of over a hundred dollars per barrel at the beginning of 2008. (Shenk 2008) As a c onsequence, the cost of energy is passed down to the end user making the commodity price higher than usual. This is a global problem since the crude oil prices are the same all over because of their sole control by the Oil Producing and Exporting Countries (OPEC) arrangements.The new problem of climate change is also predicted to cause further increases in food prices. The variations in climate across nations that solely depend of agriculture for their growth is expected to fall drastically as unpredictable weather patterns take charge causing situations of extreme drought and floods in different places. These alterations in climate will reduce agricultural productivity and food shortage will become imminent across the affected nations. It is now being observed that Australia, one of the largest wheat producing countries is in its third year of drought.Its respect as the world producer of wheat is now in jeopardy as its silos are becoming empty will the wheat prices are increasing. (Stancich, 2009) The problem of attacks from crop pests and weeds is also associated in the ever increasing food prices. In Central as well as the Southern parts of the Vietnam nation, according to a recent study Zeigler (2009), rice crops have been attacked by the tungro crop virus originating from the brown plant hopper insect. And furthermore, its spread is being predicted into China together with Thailand and Columbia.Pricing of rice is obviously expected to increase as the supply would have been greatly diminished while demand keeps growing. The continuing undervaluation of the US dollar which is used as a bench mark for trading in many nations is also attributed to the increasing food prices. Globalized nations are feeling the pinch of the current economic crisis of the US and business has gone down meaning that many sectors of the economy are being hurt more specifically in the agricultural sector.Farmers in the developed nations have cope better with the high prices of this global recession compared to their counterparts in the developing nations where production has reduced. A low supply with a high demand implies that food prices would increase in the developing nations unlike in developed nations where it would remain relatively stable. In India -one of the major rice producers- the effect of the global financial crunch in many sectors of the economy such as the agricultural industry has seen its 2008 GDP drop to 7% while further reduction is expected for 2009 at 5%. (World Bank Group, 2009: 2)Sporadic economic growth in different nations all over the world has been identified as a contributor to the increase in commodity prices. As the economy of a nation increases so as the living standards of the citizens. This makes purchasing power go a notch higher due to demand for better goods and services. This causes incompatibilities between demand and supply arising that sees the increase in prices. This is exhibited in the case with China that has been marked by speedy economic development that has exacerbated this global crisis that is catalyzed by its enormous population.(Zu H. & Khan, 1997) Effects of alimentation price increases As an effect, the high food prices could be succeeded by civil unrest especially among the poor nations which can be exemplified by the riots emanating from exorbitantly high food prices in Burkina Faso as well as Cameroon where its was compounded by the expensive fuel costs. The country of Indonesia has also been characterized by such frustrations when there was recent scarcity in Soya beans. Rise in inflation is a notable effect of increased food prices more especially in developing nations.Most developing nations operate on deficits and a down turn from increased food prices puts strains on the governmentââ¬â¢s functionality due to limited financial resources. This sees the issue of relief coming in from developed nations to help the affected. Increase in poverty becomes evident due to high food prices as people reduce their consumption so as to sustain themselves in future days. On an optimistic view, the soaring food prices have also the effect of causing governments to intervene by pushing for increased production of food in their countries to cushion the poor from hunger.(FAO, 2009) Conclusion Though there has been tremendous growth in food production all over the world, the predictions of the future are still pessimistic as demand continues growing high. This is in reference to the stagnated supply that can not reach equilibrium with the demand; hence the future is determined by new sources of supply to cope with the vacuum in supply that would ensure price stability. Therefore, foreign alimentations such as bananas, mangoes, pineapples, and exotic fish among others will not fetch the same price as today due to these imbalances in supply and demand.To mitigate this, an in depth intervention through social protection for the short and long period requirements in conjunc tion with initiatives on alimentations for the poor should be implemented. Research into new agricultural opportunities should be intensified so as to achieve equilibrium in supply and demand of alimentations. This will go far in guarantying steady prices of food in the global market. And resultantly, agricultural trade regulations that burr efficient production in the developing nations should be renegotiated with rich nations that discourage them so that a healthy and productive world can be achieved.(OECD, 2007) References: FAO, (2009). Bumper rice harvest could bring down consumer prices. Planete Urgence. Retrieved on April 20th 2009. From http://www. infosdelaplanete. org/5123/bumper-rice-harvest-could-bring-down-consumer-prices. html? L=EN Hu Z. & Mohsin S. Khan (1997). Why Is China Growing So Fast? ECONOMIC ISSUES NO. 8 International Monitoring Fund (IMF). Washington D. C. Yan Z. (2008). China seeks a balance between food security and the urbanization. Retrieved on April 20th 2009. From http://www. china-embassy. org/eng/zt/t516240. htm Walker D. (2007).Fuel and Fertilizer Situation. John Wiley and Sons, Inc Stancich R. (2009). Climate change and food prices. Climatechangecorp. Retrieved on April 20th 2009. From http://www. climatechangecorp. com/content. asp? ContentID=5252 OECD (Organization for Economic Co-operation and Development) (2007). Agricultural Policies in OECD Countries: Monitoring and Evaluation. Paris: OECD. Saha, B. C. , Iten, L. B. , Cotta, M. A. , Wu, Y. (2004). Fuel ethanol production from rice hull [abstract]. American Chemical Society. Paper No. BI0T 101. Retrieved on 20th April 2009. Fromhttp://www. ars. usda. gov/research/publications/Publications. htm? seq_no_115=156041 Shenk M. (2008) . Oil Climbs Above $126 to Record as Dollar Weakens Against Euro. EU News, Havensworks. com http://www. havenworks. com/world/eu/ World Bank Group, (2009). Impact of Global Financial Crisis on South Asia. Retrieved on April 20th 2009. From http://7 4. 125. 47. 132/search? q=cache:y57oApfcEXgJ:siteresources. worldbank. org/SOUTHASIAEXT/Resources/223546-1171488994713/3455847-1232124140958/gfcsouthasiafeb172009. pdf+global+financial+crisis%2Bfood+prices&cd=2&hl=en&ct=clnk
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