The Effects of Migration - 725 Words

Tahar Ben Jelloun, a Moroccan writer, states: â€Å"Migration is no longer a solution; it’s a defeat. People are risking death, drowning every day, but they’re knocking on doors that are not open.† Probably, the author is right because most of the migrants even do not know what awaits them in a new country. Before thinking about the effects of migration, people should draw a distinction between emigration and immigration. The immigration is beneficial, whereas the emigration is totally disadvantageous for a country. People from industrially backward regions do not value their current lifestyle and conditions, and they cannot resist the lure of a wonderful life in economically advanced countries. Without thinking about the consequences that will follow their decision, people decide migrate from own motherland. And more likely these consequences will be negative not only for emigrants but also for countries people are going to leave and migrate to. Such a movement of people may leave a dent on the economics of the host countries, and on the society and customs of the left countries. In 21st century, it is already time to start actions in order to decrease the incidence of migration. Although for some people emigration is helpful to solve their own personal problems, it is obvious that it may lead to several effects like social devastation, brain drain and increasing the level of economy. Foremost, emigration is guilty for emerged social and cultural devastation. Allowing ownShow MoreRelatedMigration And Its Effects On Population1558 Words   |  7 PagesAbstract: Migration such as immigration or emigration is the transfer of alleles, which are responsible for genetic variations, from the gene pool of one population to another. Therefore, it may change allele frequencies or range due to the reproduction of the immigrated individuals. This study was performed to see how migration modifies the effects of frequent disasters on allele frequencies in moth populations. Migration would counteract the effects of natural disasters that increase genetic driftRead MoreMigration And Its Effects On The Global Economy729 Words   |  3 Pagesmigration, a contribution to economic growth in the host country and the flow of remittances, money the migrants earn working abroad and then sending the earnings back to the family, to the home country. Yet, migration brings negative attitudes on immigrants such as â€Å"†¦worries that migration may reduce the job opportunities for natives and place a strain on public services†¦fears are exacerbated by the weak global economy, and many countries have adopted measures†¦to stem the flow of peoples acrossRead MoreThe Effect Of Faults On Oil Migration Essay1873 Words   |  8 PagesThe Effect of Faults on Oil Migration Wentao Zhang Missouri University of Science and Technology Abstract Faults play important roles in oil migration and accumulation. Faults can not only promote oil migration, but also trap and accumulate oil. This paper explores some methods to find out a fault and confirm it is opened or closed. Zhang, C., Xie, X.N., Jiang, T., Liu, X.F. (2005) fou-nd out the properties of faults in the BZ25-1 oilfield of Bohai basin by using some geophysics and geochemistryRead MoreThe Roles and Effects of Migration in Africa Essay757 Words   |  4 Pages To accurately analyze various impacts of migration, one must first understand clearly the meaning of migration. Migration is the process or means by which people move from one geographical location to another geographical location (Castle and Miller, 2009). However, migration plays a key role in the development of both developed and developing countries. According to (Castle and Miller, 2009), â€Å"we are well into a post industrial, post-cold war world and about to embark on a brand new centuryRead MoreThe Effects Of Migration On Higher Educational Aspirations891 Words   |  4 Pagesthe effects of migration on higher educational aspirations for the children of immigrants, because it is important to note how the migrant’s experience influences the desires for their children. I will focus on the three reasons that can influence their aspirations: motivations for migration, expectations for children and academic performance of the children. I argue that to fully understand how migration affects educational aspirations, it is necessary to focus on the reasons that migration wasRead MoreThe Long Term Effects Of Refugee Migration1726 Words   |  7 PagesRefugees who flee their country and sacrifice everything are confident and strong willed with all the obstacles that come through their journey to start a new life. The long-term effects that a refugee experiences due to forced migration is Post traumatic stress disorder (PTSD), anxiety, and depression. Forced migration has a nega tive mental and physical affect on refugees. There are many reasons why refugees do not reach for help after entering new country, they feel as if no one is willing toRead MoreThe Effects Of Unauthorized Migration On The United States1946 Words   |  8 PagesVicious Cycle Unauthorized migration in the United States has turned into a â€Å"Vicious Cycle† of adverse effects that sustain a system of underdevelopment, reduced productivity, low-wage, and limited rights (Hinojosa, 2015). This is the reality of many migrants that leave their country of origin in search of economic mobility. The push factors that influence people’s decision to migrate are primarily economic and security. Poverty, lack of employment, opportunities, and economic mobility along withRead MoreThe Effects Of Forced Migration On The United Nations1080 Words   |  5 PagesIn Recent times, migration has become common, and the reason for migration is often access to better education and the cleaner environment. However, some migration is not by choice. Forced migration occurs in a less stable region due to the war or environment problem. The term forced migration refers to those who are compelled to leave their own town or country. This essay will explain the impacts of forced migration, particularly refugees. The definition of refugee, which is given by the unitedRead MoreThe Effects Of Internal And International Migration On Childrens Time1642 Words   |  7 PagesResults We divide our analysis of the impacts of migration on how children allocate their time in the short-run in two parts. In the first part, we discuss the results of the effects of internal and international migration on children’s time outcomes using the treatment effect models, and in the second part, we present the results of the analysis of time allocated to non-school related activities and total studying time using SUR and Heckman models. All of the models predict the number of hours allocatedRead MoreThe Effect of Rural-Urban Migration in South Africa Essay1682 Words   |  7 PagesInvestigating the effect of rural-urban migration on the four districts of the North West province in South Africa using Manova technique. INTRODUCTION This proposal is about the effect of rural-urban migration on the four districts of the North West province in South Africa. It entails the background of rural-urban migration as well as the statement of the problem, main objectives, other specific objectives, rationale, hypotheses, identification of variables, the theories of other people concerning

Analysis Of The Poem Long Black Song By Richard Wright

W.E.B Du Bois makes points of having a double consciousness and being behind a veil. While Booker T. Washington points out that there is a dignity to be found in fruits from labor. In the reading of â€Å"Long Black Song,† by Richard Wright, he uses both of these points in his text to make the story come alive. Although, creatively both Du Bois and Washington’s points can be found hidden within the text; it is clear within this short story that Wright leaned to agree more with Du Bois points than he did with Washington’s points. W.E.B. Du Bois presents two ideas within his text, the idea that African-Americans live behind a veil and the idea that they constantly struggle with a double consciousness. Double consciousness to Du Bois was a†¦show more content†¦I said that any individual who learned to do something better than anybody else - learned to do a common thing in an uncommon manner - had solved his problem, regardless of the colour of his skin, and that in proportion as the Negro learned to produce what other people wanted and must have, in the same proportion would he be respected. (Washington 76-77) Washington is basically saying dignity in labor means that African-American men will earn respect if they provide white men with something useful, such as things you can get from working hard in a field and selling it to white men. This will show them you are valuable and therefore they will respect you. The right to be respected by white man has been earned and thus it will be given. â€Å"Long Black Song† starts out with hints towards Du Bois idea of the veil with the lines, â€Å"She saw green fields wrapped in the thickening gloam. It was as if they had left the earth, those fields, and were floating slowly skyward.† (Wright 65) The terms such as thickening and floating give the image of being behind or on something. The idea that the fields are being pulled into a veil. These lines give a bit of foreshadowing to the story when you read between them leading us to whether Wright will side with Du Bois or Washington at the end of the story. Also theShow MoreRelatedAug ust Wilson3685 Words   |  15 Pagesto strive towards, the black community will benefit a million-fold should they heed his words. Being the 1st African-American playwright to be produced in mainstream American theatre, and in 10 years having 6 of his plays become major Broadway productions, August Wilson is a serious literary force. He has had two Pulitzer Prizes for Drama accredited to his name, which is significant in itself, as he is the 6th playwright to have achieved this honor twice and the 3rd black playwright to have everRead MoreLiterature and Language10588 Words   |  43 Pagesperhaps the creation of bibliographers. (Dolores Burton, 1990) Helmut Hatzfeld was the first biographer of stylistics and his work in A Critical Bibliography of the New Stylistics (1953) was continued by Louis Milic’s Style and stylistics (1967), Richard Bailey and Dolores Burton’ s English Stylistics (1968) and James Bennett’ s A Bibliography of Stylistics and Related Criticism (1986). Until Helmut Hatzfeld brought out his bibiography the word â€Å"stylistics† had not appeared in the title of anyRead MoreRastafarian79520 Words   |  319 Pagesintentionally left blank Foreword One of the most useful things about Ennis Edmondss Rastafari: From Outcasts to Culture Bearers is that it correctly traces the connection between the emergence of Rastafarianism and the history of resistance and black consciousness that has been part of the Jamaican experience for years. The truth is that there has always been a committed Jamaican counter- culture that celebrates and sees redemption in Africa and rejects the European values that have oppressedRead Morepreschool Essay46149 Words   |  185 Pageschildren are naturally eager to learn. However, not all of them enter kindergarten ready for school. All too often, children are already lagging behind their classmates, and this circumstance can impede their continued learning and development long past kindergarten. High-quality preschool teaching contributes to children’s longrange social and academic success, as well as their ability to express themselves creatively through the arts, their capacity to engage in physically challenging activitiesRead MoreA Picatrix Miscellany52019 Words   |  209 Pagespassed down from Simon Forman (d. 1611) to Richard Napier (d. 1634) to Elias Ashmole (d. 1692) to William Lilly (d. 1681). E.M. Butler wrongly associates it with Gio. Peccatrix, (no doubt a pseudonym) who edited an Italian version of the Key of Solomon (British Library, Sloane manuscript 1307). Misled by some comments by Mathers and others, Dr. Butler incorrectly concluded that the Picatrix was â€Å"an Italian edition of the Clavicle, strongly impregnated with black elements† (Ritual Magic, 1949, p. 135.)Read MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesMore Profitable† 83 Point/Counterpoint Employer–Employee Loyalty Is an Outdated Concept 87 Questions for Review 88 Experiential Exercise What Factors Are Most Important to Your Job Satisfaction? 89 Ethical Dilemma Bounty Hunters 89 Case Incident 1 Long Hours, Hundreds of E-Mails, and No Sleep: Does This Sound Like a Satisfying Job? 90 Case Incident 2 Crafting a Better Job 91 4 Emotions and Moods 97 What Are Emotions and Moods? 98 The Basic Emotions 100 †¢ The Basic Moods: Positive andRead MoreOrganisational Theory230255 Words   |  922 Pagestheory focuses attention on the human issues in organization ‘There is nothing so practical as a good theory’ How Roethlisberger developed a ‘practical’ organization theory Column 1: The core contributing social sciences Column 2: The techniques for analysis Column 3: The neo-modernist perspective Column 4: Contributions to business and management Four combinations of science, scientific technique and the neo-modernist approach reach different parts of the organization Level 1: Developing the organization

Breaking the Rules, Wrong or Right Free Essays

Ismayrani Olmos October 20, 2015 English 2. Peeples. 1st period Breaking the Rules, Wrong or Right? Is it ever okay to break the rules to get what you want? Well it is never okay to break the rules to get what you want. We will write a custom essay sample on Breaking the Rules, Wrong or Right or any similar topic only for you Order Now Do you know what that is called? Greed, acquisitive, avaricious, self-seeking. You become so caught up in winning or getting what you want that to satisfy your desires that you disobey the rules. Regulations that have been set so that things run smoothly or fairly for that matter. The unimaginable depravity it requires to commit such a wicked perverse act is unbelievable. It is wrong, unfair, and disrespectful to the other person who of which you are cheating. Take this for example, lying on your food stamps application. You are cheating the government and actually stealing. There are people, families that apply for food stamps and are truly in need of them and they are rejected. And if you really sit down and think about it you are taking away that opportunity from those who are really do need that extra help, but don’t get to receive it all because you don’t want to have to pay with your money. Money that comes from your pocket. Money that you do have. Instead you are taking advantage of the governments money. That is to loathe, it is unfair to the other people who are rejected but need it. Another example to take into consideration is not paying your taxes. When you do not pay your taxes to the IRS, for starters it’s wrong and at the end you come out loosing because they will find you and you will pay all that you have been holding back on. There are people who do pay their part. What makes you think that you are anymore special to feel you have the liberty to no pay just because you don’t feel like it. Nobody in their right mind has the authority to say they won’t pay taxes. If the case is that you just want to save a little more money well then cut back on extra things that you really don’t need to be buying or start couponing. You can even go looking for sales. There is nothing wrong with saving money but there is a lot of wrong doing when you decide you are not going to pay the IRS. Paying your do’s is a must. There are thousands and thousands of people who work extremely hard for what they want, whether if it’s a position at the office, a higher title in a business, or even a spot on the team. What ever it may be, and then for some stranger to come along one day and cheat his or her way in without doing any sort of backbreaking work to have received what you so desperately put all your blood and sweat in. To want something just doesn’t cut it. You have to work even fight if it’s necessary to get what you want. When and while you do it the right way, meaning you don’t play dirty, throwing people under the bust. Then when that day comes you will be recognized as worthy of what you are receiving and not seen as an egoistic person. So next time you see something that yo want are you going to think twice about how you are going to obtain it. How to cite Breaking the Rules, Wrong or Right, Papers

International banking and liquidizes risk - Myassignmenthelp.Com

Question: Discuss about International banking and liquidity risk. Answer: Introduction: The current report intends to evaluate the stock value change of Suncor Energy from 31st August 2017 to 8th March 2018. Suncor Energy is an integrated energy organisation in Canada specialising in the production of synthetic crude from oil sands. In order to evaluate its performance, the cash flow per share of the organisation has been considered for the past five years. The revenue made from domestic and international sales have been taken into account as well. The capability of the US/CDN dollar has been illustrated over the past three months compared to the global currencies. The kinds of exposures have been described along with the way of managing these exposures. The next segment of the report would focus on computing the cost of capital for the organisation. Finally, the report sheds light on explaining the reason behind the stock price change in the stated period. Analysis: Change in the stock value of Suncor Energy from 31 August 2017 to 8 March 2018: The percentage increase or decrease in the stock value of Suncor Energy for the stated period has been presented in the form of a table (Refer to Appendices, Appendix 1). It has been observed that the stock price of the organisation has increased by 0.07% in this stated period. However, fluctuations could be seen everyday due to change in the market forces. This denotes that there is change in the prices of shares because of demand and supply (Avdjiev, McCauley Shin, 2016). In case, more investors prefer to purchase the stock of Suncor Energy rather than selling, it would lead to rise in share price and thus, demand increases compared to supply. On the other hand, if more investors prefer to sell the stock of the organisation, share price would fall and thus, supply would be higher than demand. Suncor Energy has made few acquisitions in 2017 and these acquisitions of assets have considerable ability to make considerable amount of money. This denotes that the organisation has the potential for future streams of revenue to the shareholders, which have encouraged the investors to pay a specific price for the shares (Buch Goldberg, 2015). Hence, the future earnings of the organisation, the expected future growth and time to realise the business goals are the factors that influence the stock price of Suncor Energy in the stated period. Cash flow per share of Suncor Energy for the past five years: Particulars Details 2014 (in million CND) 2015 (in million CND) 2016 (in million CND) 2017 (in million CND) Operating cash flow A 8,936 6,884 5,680 8,966 Preferred dividends B - - - - Common shares outstanding C 1,462 1,446 1,610 1,661 Cash flow per share (A-B)/C 6.11 4.76 3.53 5.40 Table 1: Cash flow per share of Suncor Energy for the years 2014-2017 (Source: Suncor.com, 2018) In the words of Chinn Kucko (2015), cash flow per share is the income made after tax, which is added with depreciation on per share basis for gauging the financial strength of an organisation. This measure is provided greater emphasis than earnings per share, as the latter could be manipulated easily. On the other hand, it is difficult to alter cash flow per share; thus resulting in correct valuation of the sustainability and strength of a specific business model (Frieden, 2015). In case of Suncor Energy, the cash flow per share of the organisation has fallen from CND 6.11 in 2014 to CND 4.76 in 2015 and the decline is inherent further to CND 3.53 in 2016. On the other hand, the earnings per share of the organisation have fallen from CND 1.84 in 2014 to (CND 1.38) in 2015. However, it has increased to CND 0.27 in 2016 and it has increased considerably to CND 2.68 in 2017. Thus, the increased earnings per share of the organisation have been supported by rising cash flow per share, which denotes the potential of the business to provide adequate returns in future to the shareholders (Damodaran, 2016). Percentage of revenue made from domestic and international sales: Particulars 2014 (in million CND) 2015 (in million CND) 2016 (in million CND) 2017 (in million CND) Domestic revenue 31,894 23,147 21,555 25,629 International revenue: USA 5,651 4,246 3,695 4,252 Other foreign nations 2,317 1,815 1,557 2,170 Total international revenue 7,968 6,061 5,252 6,422 Total revenue 39,862 29,208 26,807 32,051 Percentage of domestic revenue 80.01% 79.25% 80.41% 79.96% Percentage of international revenue 19.99% 20.75% 19.59% 20.04% Table 2: Percentages of domestic revenue and international revenue for the years 2014-2017 (Source: Suncor.com, 2018) According to the above table, it could be observed that Suncor Energy has earned maximum revenue from its domestic operations compared to that of the global operations. Thus, it could be stated that the organisation has focused more on its domestic segments by acquiring assets in the nation. The income earned would be used for future expansion projects in the global nations (Ehrhardt Brigham, 2016). Strength/weakness of the US/CDN dollar over the past three months in contrast to the global currencies: Figure 1: Change in US/CDN dollar over the past three months (Source: Finance.yahoo.com, 2018) Figure 2: Change in US dollar/Pound over the past three months (Source: Finance.yahoo.com, 2018) Figure 3: Change in US dollar/Euro over the past three months (Source: Finance.yahoo.com, 2018) The above three figures mainly depict the change in USD to CND, pound and Euro over the past three months. According to the first figure, it could be observed that the CND has decreased to 1.07 in contrast to USD. This is because of the declining power of the USD in the global market, while CND is one of the most stable global currencies (Foley Manova, 2015). In addition, the intraday speculators and long-term investors trade this currency in large volumes. Furthermore, CND is traded on the CME Globex futures market and the forex market through currency pairings. However, the value of the currency has increased subsequently after the mid of January 2018, since USD currency has increased in value. On the other hand, pound and Euro currencies have remained more or less stable over the three months and these currencies are stronger in contrast to USD and CND. Types of exposures and way of managing these exposures to exchange rate risk: Suncor Energy is exposed to foreign currency exchange risk on capital expenditures, revenues and financial instruments, which are denominated in a currency in contrast to the functional currency of the organisation. Since the price of crude oil is in USD, any fluctuation in USD/CDN exchange rates might have considerable effects on revenues. Such exposure is offset partially by issuing the US denominated debt. 1% increase of CND in contrast to USD as on 31st December 2017 would raise earnings related to the debt of the organisation by approximately $142 million in 2017, which was $129 million in 2016. For managing exchange risk, Suncor Energy uses forward contract, which is a non-standardised contract between two parties for purchasing or selling an asset at a particular future time at an agreed price in todays date (Frankel, 2015). When the organisation enters into forward contract in case of acquisition, it expects the other currency to appreciate and in case of selling, it expects the other currency to depreciate. If it expects huge amount of money to be received in the form of foreign currencies as payment from the customers, it undertakes the risk of future currency depreciation and it would go short in a currency forward contract (Fratianni Savona, 2017).If Suncor Energy intends to make payment via foreign currency to its suppliers, it would go long. Required rate of return or cost of capital of Suncor Energy: Particulars Details Amount (in CND) Equity A 45,383 Debt B 15,784 Total debt and equity C=A+B 61,167 Weight of debt D=B/C 25.80% Weight of equity E=A/C 74.20% Risk-free rate F 1.92% Beta G 1.06 Market risk premium H 6% Cost of equity I=F+(G*H) 8.28% Interest expense J 246 Cost of debt K=J/B 1.56% Tax rate L 15% Weighted average cost of capital (E*I)+(D*K)*(1-L) 6.49% Table 3: Required rate of return or cost of capital of Suncor Energy (Source: Finance.yahoo.com, 2018) Reasons behind the change in stock price of Suncor Energy from 31 August 2017 to 8 March 2018: It has been found out that the stock prices of the other competing organisations in the oil and gas industry of Canada has moved in tandem with each other (Melvin Norrbin, 2017).This is because the market forces have identical impact on the organisations falling in the same industry in the same manner. However, the additional product lines have helped the organisation to gain competitive advantage in the market. As a result, there is positive increase in the share price of the organisation in this stated period (Scheubel Stracca, 2017). In addition, the fluctuations in the interest rates have caused the share price of Suncor Energy to fluctuate in the Canadian market. As the interest rates are slightly higher in the first quarter of 2018, the stocks of the organisation have been attractive to the investors and hence, it has issued additional shares in the market along with providing greater returns. As a result, there is overall increase in the stock price of the organisation (Vernimmen et al., 2014). Conclusion: Based on the above discussion, it could be found out that Suncor Energy is an integrated energy organisation in Canada specialising in the production of synthetic crude from oil sands. Suncor Energy has made few acquisitions in 2017 and these acquisitions of assets have considerable ability to make considerable amount of money. This denotes that the organisation has the potential for future streams of revenue to the shareholders, which have encouraged the investors to pay a specific price for the shares. In addition, Suncor Energy has earned maximum revenue from its domestic operations compared to that of the global operations. It has been evaluated that CND is traded on the CME Globex futures market and the forex market through currency pairings. However, the value of the currency has increased subsequently after the mid of January 2018, since USD currency has increased in value. For managing exchange risk, Suncor Energy uses forward contract, which is a non-standardised contract between two parties for purchasing or selling an asset at a particular future time at an agreed price in todays date. When the organisation enters into forward contract in case of acquisition, it expects the other currency to appreciate and in case of selling, it expects the other currency to depreciate. References: Avdjiev, S., McCauley, R. N., Shin, H. S. (2016). Breaking free of the triple coincidence in international finance.Economic Policy,31(87), 409-451. Buch, C. M., Goldberg, L. S. (2015). International banking and liquidity risk transmission: Lessons from across countries.IMF Economic Review,63(3), 377-410. Chinn, M., Kucko, K. (2015). The predictive power of the yield curve across countries and time.International Finance,18(2), 129-156. Damodaran, A. (2016).Damodaran on valuation: security analysis for investment and corporate finance(Vol. 324). John Wiley Sons. Ehrhardt, M. C., Brigham, E. F. (2016).Corporate finance: A focused approach. Cengage learning. Finance.yahoo.com. (2018). Retrieved 9 March 2018, from https://finance.yahoo.com/quote/su.to?ltr=1 Foley, C. F., Manova, K. (2015). International trade, multinational activity, and corporate finance.economics,7(1), 119-146. Frankel, J. A. (2015). International finance and macroeconomics.NBER Reporter, (2), 1-9. Fratianni, M., Savona, P. (2017).Governing global finance: New challenges, G7 and IMF contributions. Routledge. Frieden, J. (2015).Banking on the world: the politics of American international finance. Routledge. Melvin, M., Norrbin, S. (2017).International money and finance. Academic Press. Scheubel, B., Stracca, L. (2017). Macro, Money and International Finance. Suncor.com. (2018). Retrieved 9 March 2018, from https://www.suncor.com/investor-centre/financial-reports/annual-disclosure Vernimmen, P., Quiry, P., Dallocchio, M., Le Fur, Y., Salvi, A. (2014).Corporate finance: theory and practice. John Wiley Sons.