Canceling Third World Debt

There are many compelling arguments for canceling third world debt. However, regardless of how morally wrong, third world debt relief will not go very far in solving the myriad of causes underlying the poverty crippling these countries in the first place. Canceling the debt is just one step in the process. Industrialized countries must also be willing to reform world trade laws, drop subsidies that insulate the world markets, fight graft, and help poor countries eliminate the corruption that permeates their systems. Plagiarism Detection >Examples of this systemic corruption can be seen in the countries of Kenya, Zimbabwe, DRC, Nigeria or Tanzania. These so called indebted and poor countries are some of the richest in the world in natural resources who at the same time, have a well educated work force. Yet the people are poor because their government abuses them and their resources, keeping the wealth for a few rather than for all. Canceling the world debt will not trickle down to the people as long as corrupt government officials stand in the way.Canceling the debt may encourage more bad economic policy choices, while at the same time allowing irresponsible lender governments off the hook, free to form new alliances with criminal regimes. Much of this so called debt was merely a way for developed nations to carve out a stake in the natural resources of the poor country, in order to protect their personal interests. By canceling the debt corrupt lending countries can hide their complicity in the denigration of the poor country and its people. Hanging a blanket cancellation onto a country also means that it is not a creditworthy nation in the eyes of other world governments, making things worse. Plagiarism Detection >Nor does it stop the cycle of criminality, because the countries must still borrow in order to survive and meet their other debts in the future. One way third world countries can get out of the financial and poverty inducing rut is to stay away fro m the patronage of rich nations who put them in trouble in the first place. Another way is to demand respect and proper treatment from creditors while eliminating the corruption endemic in their governments. It has been proven over and over again that the criminality and graft is a two way street. International law already allows countries to repudiate debt contracted without the consent of, nor spent in the interests of the people.Under international law citizens of a country do not have to repay those financed their oppression such as America propping up tin hat dictators like Mbutu, to name one. What seems to be lacking is a will to eliminate the underlying root causes of third world problems. The tools for doing such are already there waiting to be used. Third world debt cancellation is merely addressing a symptom that will only give very short term relief while allowing the problem to recycle and become entrenched again. Breaking the cycle is the only way to alleviate the prob lem on a more permanent level.

Organizational Design and Culture Essay Example | Topics and Well Written Essays - 1750 words

Organizational Design and Culture - Essay Example Earlier Home Depot was following decentralized organizational process. Due to increasing competition within the market place the organization decided to bring change in the organizational design. They transformed to centralization process in order to concentrate the decision making authority at the higher levels within the organization. Maintain appropriate balance between the centralization and decentralization process is huge challenge for several leading global organizations. Home Depot is one of the global retail giant. The organization has more than 2000 retail stores across the globe (Griffin, 2007). This centralization process allows the store managers to undertake several decisions independently and autonomously. Therefore, it can be stated that each retail outlet of Home Depot has entrepreneurial work culture. This process helped to save lot of money and increase business productivity. This centralization process helps the company to reduce operational cost as the company ne gotiates effective discounts from the existing suppliers. Home Depot follows flatter organizational hierarchy. The organizational hierarchy of Home Depot consists of few layers. Flatter organizational hierarchy helps an organization to provide its employees huge level of self actualization and greater satisfaction needs. At the same point of time there are several disadvantages too. Due to limited management layers, this organizational structure cannot provide effective advancement opportunity to the employees. Home Depot implemented multidivisional structure in their departmentalization process. This divisional structure helps to represent several unique employees, geographic locations, customers, products and services for the organizations. For an example, a marketing executive within an organization with a divisional organizational structure may be in the charge of promotional planning, and scheduling and executing a marketing research for a particular product line controlled by that executive’s division. Formalization structure is one of the important and effective tools of Home Depot’s organizational design. Formalization structure helps to develop effective rules and regulations. It controls the employee behavior. This formalization structure helped Home Depot to provide the organizational direction to the employees. Due to this structure the employee behavior becomes more predictable. This structure helps the employees to follow the specific guideline or legal organizational procedure of an organization in a critical situation. This strategy is generally utilized in the service industry. Mechanism structure is another organizational design tool of Home Depot. This organizational structural tool is very much centralized and formalized. Home Depot follows formal communication process with the help of this structure. This structure forces the employees to follow discipline and take effective responsibility depending upon the job role. This st ructure helps an organization to maximize the organizational efficiency and minimize the operational cost. Question 2 Home Depot employed an effective corporate culture in order to support the business strategies. The organization follows cluster strategy to utilize the work group in the organization. It helps to accomplish the future goals and objectives of the organization. The managers help the employees to work collaboratively. The store managers divide the

Child Abuse Research Paper Example | Topics and Well Written Essays - 1000 words

Child Abuse - Research Paper Example Children are a blessing from God and deserve love just like anyone else. However, in the recent past many researches have indicated that several children are being abused. This should come as a bad news especially in this 21st Century where the youth form a large percentage of the population. According to some researchers like Besharov et al (2001), there are many cases which go unreported, uninterrupted or misreported. According to stop it now (www.stopitnow.org) a world organization that prevents child abuse, reports that a third of girls and nearly 1 in seven boys experiences sexual abuse while statistics suggest from research suggest that only 12% to 30% of the cases are reported. Families mostly deny child abuse within their homes. In one of the cases reported in stop it now, one woman had been sexually abused by his brother but she kept quiet for fear of being killed, after sensing that her niece will fall in the same trap she finally reported the matter to their family but the family did not believe her and so nobody took action on that case. Most powerful people go unreported if they are found abusing children because people find it hard to talk bad things about them. Since nearly all states passed the mandatory laws requiring any suspected child abuse to be repor ted, child abuse cases has been on the rise. This result in many cases being reported which are baseless (Besharov et al., 2001). Melissa (2009), says that child abuse can be considered to be any act that causes physical body injury, psychological or emotional torture. These acts causes suffering to the child and sometimes may be harmful enough and eventually may lead to death or permanent damage of victims.