Effect Of Inflation, Pro and Cons Of Inflation

This graph above show the inflation rate and gdp rate in Malaysia for the year 2005 until 2012. http://zaidzainuddin. wordpress. com/2012/12/14/the-effect-of-inflation-on-malaysias-economic-growth/ The effect of inflation on economic growth is debatable and can act as either a positive or a negative influence. Local and international researchers have conducted studies on the relationship of Malaysia’s inflation rate and economic growth. It can be concluded that over the past decades, there has been a general non-linear relationship between inflation rate and economic growth in Malaysia. However, in the long run inflation has a positive effect on Malaysia’s economic growth. This correlates with econometric study as they too reported a positive impact of inflation in the long run. Pro & Cons Of Inflation Inflation may have a positive effect in Malaysian economy. This is because deflation is very harmful, inflation enables adjustment of prices and wages and boost economy growth. The first advantage is deflation is very harmful. Deflation is a negative effect of inflation. For example, the Japanese economy has suffered lower growth because of deflation. When prices are falling people are reluctant to spend money because they are concerned that prices will be cheaper in the future, therefore, they keep delaying purchases. Second advantage is moderate inflation enables adjustment of prices and wages. It is argued a moderate rate of inflation makes it easier to adjust relative wages and prices. For example, it may be difficult to cut nominal wages (workers resent wage cut). But, if average prices are rising, it is easier to increase good workers’ wages more than unproductive workers. Third advantage is inflation can boost growth. At times of very low inflation the economy may be stuck in a recession. Arguably targeting a higher rate of inflation can enable a boost to growth. This view is controversial. Not all economists would support targeting a higher inflation rate. However, some would target higher inflation, if the economy was stuck in a prolonged recession. Inflation is considered to be a problem when the inflation rate rises above 2%. The higher the inflation, the more serious the problem it is. The first problem is inflation tends to discourage

Discussion 4 Essay Example | Topics and Well Written Essays - 500 words - 6

Discussion 4 - Essay Example Hence, it might be stated that the introduction of cloud computing came into limelight mainly to fulfil the requirements or utilities of the individual in this advanced age. As a result of which, the process of attainment of varied essential information became extremely faster and quicker than before (Jamsa, 2011). However, it also includes varied types of issues such as control or managing problems, performance or reliability trouble, security, cost of bandwidth, vendor lock-In, transparency, reliability and final thoughts. But among all these above mentioned issues, the most note-worthy challenges are security and performance among others (Furht & Escalante, 2010). After reading the paragraph and watching the video, I totally agree that, utility is the main driving force that fascinated the customers towards the concept of cloud computing or advanced technology. This is surely a revolutionary move that fuelled the utilities of the customers or business enterprises. As a result of this technological change, the business entrepreneurs may very easily cope-up with the changing requirements of the customers that might enhance the reputation and reliability of the brand to a certain extent. Not only this, cloud computing also enabled the facility of accessing various information or facts at any time from their office locations thereby reducing their work-load. Therefore, due to all these facilities, the concept of cloud computing became extremely popular and eminent in this rapidly changing market among other techniques. In spite of various advantages, cloud computing also comprises of numerous pitfalls or issues such as control problem, performance or reliability issue, security, cost of bandwidth, vendor lock-In issue, transparency and reliability problems. However, among all these issues, the most challenging one is the trouble of security. This is because, in case the valuable data or information about the total sale of the

Reflection of tuesdays with Morrie Essay Example | Topics and Well Written Essays - 1000 words

Reflection of tuesdays with Morrie - Essay Example As a result, they do not have much idea about learning how to die, but so much knowledge about the learning on how to live. According to Morrie, â€Å"once you learn how to die, you learn how to live†. To analyze the context of this point, one must understand first that these words form a statement that came from a person who has eventually accepted the idea of death, it is Morrie. Morrie, in his situation is not oblivious of the thought that the possibility of his physical death is at any moment and that could be depicted as like someone who is lurking around the corner and is ready to gouge him to death at any time. It is at this point in time that Morrie has eventually appreciated many things about life, which is something that many people do not appreciate, because they are too busy or being preoccupied earning a living for them to survive. However, behind all of these things, they are oblivious of the fact that they might have been missing something important or essential. They might have not appreciated the simple things, which eventually are the things based on the point of view of Morrie a s essential to survival. These things if properly appreciated will eventually lead a person to live a life free from stress and full of contentment. Thus, Morrie is just trying to show the idea that unless a person will never know things concerning on what it takes to be dying, the things that are truly essential for living can hardly be recognized by them. This is evident to the point of Morrie when he is certain of the perspective that people are too involved in material goods and their own egotism (Albom, 2009). While relying on an oxygen tank to survive, Morrie eventually appreciates the things outside of his window, but unfortunately he is no longer able to go outside and enjoy some of these things. However, the thought of contentment in his mind is the ultimate force that continues to

Egyptian Revolution Essay Example | Topics and Well Written Essays - 1250 words

Egyptian Revolution - Essay Example As in the case of many other Islamic dictators in the Arab world, Gadhafi was also trying to extend his regime as much as possible citing religious reasons. He ruled with iron fist and had no hesitation in executing the opponents. â€Å"Many in Libya still remember how Gaddafi used to execute those who opposed him — or those he felt had opposed him — and would leave their bodies hanging from nooses for days as a warning† (Abdulrahim). In fact Gaddafi killed many innocent people even during Ramadan period. Gaddafi had less belief in Islamic principles even though he appeared as a strong believer. Even though Libya is blessed with immense oil resources, the living conditions of majority of the Libyans were pathetic. In fact Gadhafi was looting the wealth of Libya. It is believed that Gadhafi had huge bank deposits in overseas countries. In any case Gadhafi met with the ultimate destiny of many of the similar dictators in the past. This paper explains the impact of economic, political and cultural factors might have on the outcome of the Libyan revolution. It should be noted that Libya is blessed with immense amount of oil stock as in the case of Iraq. Iraq is already under the control of America and a control over Libya will definitely help America to solve their energy problems up to certain extents. That is why America supported and assisted Libyan revolution wholeheartedly. Although many people in Libya live in poverty and in poor conditions, Libya is not a poor country. Not only does it have vast oil reserves, it also produces the best quality oil in the world, perfect for refining petroleum that allows goods to be transported from one place to another all over the world. The resources can be used to provide the Libyan poor and workers with better pay, services, living and working conditions, when under Gadaffi, Libya’s wealth went towards the

Obama Health Care Bill Essay Example | Topics and Well Written Essays - 500 words

Obama Health Care Bill - Essay Example This paper seeks to prove the constitutionality of the bill, which is that it contravenes the Unite States constitution. In his ruling dated December 13th 2010, Judge Henry E. Hudson of Virginia ruled that this particular bill was unconstitutional. He went on to cite the requirement that seeks to make all Americans get insurance as having exceeded the authority to regulate commerce granted to congress by the commerce clause. In his words, it â€Å"would invite unbridled exercise of federal police powers† (Johnson et al 415). This bill is especially confusing since there is no regulation requiring everybody to possess a car, only that they procure insurance as a condition for owning one. The law requires that one obtains health insurance just because this insurance exists (Johnson et al 415). While the law is without doubt well meaning and popular, with insurers putting forward the argument that healthy people taking out these policies would aid those with expensive conditions, some of the other provisions could be severed legally. As Judge Hudson stated in his ruling, â€Å"Neither the Supreme Court nor any federal circuit of appeals have extended commerce powers, which compel an individual to involuntarily enter the stream of commerce by purchasing a commodity in the private market† (Johnson et al 414). The bill tramples on an individual’s right of choice, that is, whether to participate in the scheme or not. While noting its noble intentions, it is also worth noting that the claim on its un-constitutionality has nothing to do with health care but rather on liberty and a right to choose (Johnson et al 416). Article 1 section 8 clause three of the United States constitution states that â€Å"the congress shall have the power to lay and collect taxes, duties and excises †¦for the common defense and general welfare of the

Humanitarian Aid as a Strategic Response Assignment

Humanitarian Aid as a Strategic Response - Assignment Example From this paper it is clear that  any tragedy that is as big as that experienced in Japan that involves shocking destruction, homelessness, relocation, sudden loss of life as well as profound uncertainty concerning the future comes with severe risks of short and long term effects psychologically. The population of Japan is among some of the oldest in the globe since more than twenty percent of its people are older than sixty-five. This people have a higher vulnerability in regards to medical services, food and water being disrupted as well as regular schedules of critical medications.  This study discusses that the people of Japan have a culture of preparedness which is considerably different from that found in the US. Additionally, Japan is a relatively small country, so in the event that disaster strikes; it usually affects the entire nation. Japan is frequently hit by disasters which usually have uniform characteristics with all the people in the country being apprehensive abo ut earthquakes. Consequently, this has facilitated the establishment of a common culture of preparedness compared to other places such as the US that has a higher diversity of disasters that can be faced by particular communities as well as the people making up the population.  Experts in emergency preparedness have shown that the people are likely to prepare for any kind of disaster only when they have experiences that convince them that the disasters are likely to affect them.

Luxury vehicle Essay Example for Free

Luxury vehicle Essay 1. Cadillac introduced it’s new luxury SUV that is called the Escalade, and they had no idea in what direction it would lead to. To their surprise, it becomes a instant classic and the most popular truck on the market. They weren’t set out to target a specific customer base, they just wanted to keep up with the SUV craze. They saw other companies putting out similar vehicles, so they wanted to dip into that market. Once it released, it seemed to become a staple in the hip hop community, sports world, and for regular customers looking for a luxury SUV. It became most prominent however in the hip hop and sports cultures. You see tons of athletes arriving to the games in their escalades, and a lot of hip hop artists have them featured in their music videos. For some reason, it just excelled in the market, and there is really no particular reason for it. It could be because of how unique it looks, the luxurious features, or just off the time it was released. The music and sports industry started to boom so there was a lot of money to be spent and the Escalade was the newest and hottest item on the street. 2. The Escalade became so popular I believe for the power it represents. I feel that if you own a Escalade, you have a sense of power in a way. Whether it shows that you have money, a sense of style, or anything else, it just brings off a certain type of vibe. It shows some type of boldness as well, because you think of personality when you think of an Escalade. When you look at one, you notice first how the shiny grill stands out and just how luxurious the car is. I think in a way Cadillac has extended its appeal because now a lot of the Cadillacs feature the shiny grill. You also see its influence on other vehicles, because a lot of competitors base their models off of it and try to make some similarities. 3. Other companies have a lot to learn from the Escalade. If they do it right, maybe they can become the leader in luxury SUVs. It’s all about whom you have to endorse your product and how you market it out to the public. Cadillac know it has many endorsers that are famous and widely known throughout the world. When you have people of that magnitude openly using your products, you gain a tremendous amount of recognition. Also, before you come up with a new concept or design, you should allow potential customers to see the product to see if it would be something they would like. If you market your product correctly, there is a good chance that it will be successful just like the Cadillac Escalade. Case Study Cadillac is one of the most popular vehicle brands in the United States to this date. As Americans, we tend to treat it differently because it is the luxury brand of our Country. Since it is an American made car, we take a sense of pride in it, and owning one is something special. In 1998 there started to be a craze for mid size SUVs, and just like every other vehicle company, Cadillac had some thoughts in mind. They released their brand new line of the Cadillac Escalade, a large luxurious SUV. When they originally released it, they felt that their market would be traditional customers, but boy, where they wrong. In fact, it was the complete opposite. The Escalade seemed to become nationally recognized when it was constantly featured in hip hop videos, commercials, and the sports industry. While Cadillac didn’t intend to get into those specific markets, I’m sure they aren’t complaining because of how much recognition it gave them. However, it does seem to brush off a certain bad image when you see it featured in some of those ways. When you see a Escalade in a hip hop video that has drugs, half naked women, and curse words, it may rub some of your other customers off. It can be seen as a gang car, and you certainly don’t want to be driving one of those in certain areas. A regular family can be in the market for a SUV, but they may get a negative vibe from the Escalade because it may come off as being too â€Å"hood† or â€Å"ghetto† for them. I’m not too sure how a car can gain that characteristic, but I understand by it being featured and abused in certain ways, it can portray a negative image. Cadillac can feature their products in certain ways, and be able to be seen as a positive vehicle that is made for everybody. They can limit their exposure in hip hop videos if they feel that is necessary. When you see certain commercials you notice that the brand symbol is blurred out. If Cadillac saw this as a dilemma, they can gain access to have their emblems blurred out in rap videos that feature bad behavior. They can still gain national recognition by more of a formal type of commercial. This way, you do not offend any particular race, and show that the vehicle is suitable for people of all ages, color, and race. Cadillac has become on of the mot powerful and influential car brand, that I feel they don’t need to do too much to market themselves. They already have a tremendously large market.