Tuesday, November 26, 2019

Free Essays on So Much For That Plan

"More than 70% of commercial bank assets are held by organizations that are supervised by at least two federal agencies; almost half attract the attention of three or four. Banks devote on average about 14% of their non-interest expense to complying with rules" (Anonymous 88). A fool can see that government waste has struck again. This tangled mess of regulation, among other things, increases costs and diffuses accountability for policy actions gone awry. The most effective remedy to correct this problem would be to consolidate most of the supervisory responsibilities of the regulatory agencies into one agency. This would reduce costs to both the government and the banks, and would allow the parts of the agencies not consolidated to concentrate on their primary tasks. One such plan was introduced by Treasury Secretary Lloyd Bentsen in March of 1994. The plan called for folding, into a new independent federal agency (called the Banking Commission), the regulatory portions of the Offic e of the Comptroller of the Currency (OCC), the Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of Thrift Supervision (OTS). This plan would save the government $150 to $200 million a year. This would also allow the FDIC to concentrate on deposit insurance and the Fed to concentrate on monetary policy (Anonymous 88). Of course this is Washington, not The Land of Oz, so everyone can't be satisfied with this plan. Fed Chairman Alan Greenspan and FDIC Chairman Ricki R. Tigert have been vocal opponents of the plan. Greenspan has four major complaints about the plan. First, divorced from the banks, the Fed would find it harder to forestall and deal with financial crises. Second, monetary policy would suffer because the Fed would have less access to review the banks. Thirdly, a supervisor with no macroeconomic concerns might be too inclined to discourage banks from taking risks, slowing the economy down. Lastly, creating a s... Free Essays on So Much For That Plan Free Essays on So Much For That Plan "More than 70% of commercial bank assets are held by organizations that are supervised by at least two federal agencies; almost half attract the attention of three or four. Banks devote on average about 14% of their non-interest expense to complying with rules" (Anonymous 88). A fool can see that government waste has struck again. This tangled mess of regulation, among other things, increases costs and diffuses accountability for policy actions gone awry. The most effective remedy to correct this problem would be to consolidate most of the supervisory responsibilities of the regulatory agencies into one agency. This would reduce costs to both the government and the banks, and would allow the parts of the agencies not consolidated to concentrate on their primary tasks. One such plan was introduced by Treasury Secretary Lloyd Bentsen in March of 1994. The plan called for folding, into a new independent federal agency (called the Banking Commission), the regulatory portions of the Offic e of the Comptroller of the Currency (OCC), the Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of Thrift Supervision (OTS). This plan would save the government $150 to $200 million a year. This would also allow the FDIC to concentrate on deposit insurance and the Fed to concentrate on monetary policy (Anonymous 88). Of course this is Washington, not The Land of Oz, so everyone can't be satisfied with this plan. Fed Chairman Alan Greenspan and FDIC Chairman Ricki R. Tigert have been vocal opponents of the plan. Greenspan has four major complaints about the plan. First, divorced from the banks, the Fed would find it harder to forestall and deal with financial crises. Second, monetary policy would suffer because the Fed would have less access to review the banks. Thirdly, a supervisor with no macroeconomic concerns might be too inclined to discourage banks from taking risks, slowing the economy down. Lastly, creating a s...

Saturday, November 23, 2019

Femme Fatales and Film Noirs

Femme Fatales and Film Noirs Femme Fatales and Film Noirs Femme Fatales and Film Noirs By Maeve Maddox A freelancer who writes about film wants to know how to deal with two French terms used by filmmakers: If Im dealing with  more than one film, is it femmes fatale or femme fatales? And when it comes to multiple films of film noir, is it films noir or film noirs? Plus, given that the terms are French, should they be italicized? Note: Readers who are not film buffs may be unfamiliar with these terms as they are used in English. A femme fatale is an attractive and seductive woman. Film noir is a movie genre explained below. The terms are so common in English that they do not need to be italicized The expression femme fatale was in the language before it became a part of movie jargon. The earliest OED citation is from a US source dated 1879. On the Ngram Viewer, both terms, film noir and femme fatale, begin their rise in printed books in the 1940s. Film noir describes a category of gloomy movies that begins with The Maltese Falcon (1941) and ends with Touch of Evil (1958). The film noir genre breaks a previous Hollywood pattern that glorified home life, presented idealistic views of American government, and provided happy endings for the main characters. Film noir often depicts the criminal justice system as unfair, the police as corrupt, and the federal government as oppressive and threatening. According to a description at the Film Noir Studies site, women in film noir are of three kinds: the â€Å"marrying kind† who wants the hero to settle down and conform to societal norms, the nurturing woman, who is depicted as â€Å"dull, featureless, and unattainable,† and â€Å"the femme fatale.† The femme fatale is an independent, ambitious woman who rejects marriage, but who, in breaking free of the traditional male-female relationship, causes violent disruption in the lives of those around her. French in origin, the terms have been sufficiently Anglicized to form their plurals by adding -s: femme fatales (not â€Å"femmes fatales†) and film noirs (not â€Å"films noirs†). Some writers do form the plurals of these terms partially la franà §aise (by adding an -s to the noun), but the Ngram Viewer indicates that such writers are in the minority. Likewise, the terms are italicized on some Web sites, but the recommendation given in The Chicago Manual of Style is to use roman type for foreign words that have entries in English dictionaries. The official site of the Film Noir Foundation does not italicize â€Å"film noir.† Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:What Does [sic] Mean?Used To vs. Use ToWhen to use "an"

Thursday, November 21, 2019

Organizational Culture In The Toyota Company Case Study

Organizational Culture In The Toyota Company - Case Study Example When Toyota built plants in the west, they attempted to copy Toyota’s production system details without studying the difference between how workers in the East felt about their work compared to their Western counterparts. This difference can be referred to as employee engagement. Western employers have begun to realize the huge value to be realized from engaging their workforce. However, apart from running surveys aimed at discovering how engaged their employees are, not many are aware of how to synthesize engagement. When Toyota’s cars were recalled, those recalled had been made in the West. The recalls did not happen to vehicles manufactured in the East since the employees could have spotted them due to their engagement. Employees in the West might have noticed the faults, but due to their disengagement, did not report it. Negative reports regarding Toyota came to such functions as customer satisfaction, risk analysis, and government. The corporate culture at Toyota needs increased evaluation instead of making assumptions that their culture is aligned to that of the West. Their corporate culture bred leaders whose most pressing concern was saving face, which led to the postponement of making the recalls. These problems have proved to be problematic for Toyota because they do not dismiss a worker because of temporary absence resulting from illness or injury. Additionally, the scope of this provision granting increased protection to officials of the unions, as well as members, should see an increase due to the initial adverse action cases brought before the appellate court. If, as claimed by the unions, those dismissed happen to be union representatives, then Toyota is in for a rough ride. Toyota has been swamped by this culture clash because of the lack of communication and consultation. Traditionally, Toyota has prided itself on its communicative skills with its workforce and its exemplary teamwork.

Tuesday, November 19, 2019

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

Diamonds - Research Paper Example According to the research paper "Diamonds" findings, diamonds are considered to have been originally discovered and mined in India. Over 6,000 years ago, substantial alluvial deposits of the stone were traced along Godavari, Krishna, and Penner Rivers in India (Koizumi, Nebel and Nesladek 4). Today, it is approximated that close to 130,000,000 karats of diamond are mined every year. This translates to about 26,000 kilograms of diamond being mined annually. Apart from this, it is also estimated that close to 100,000 kilograms of diamonds are synthesized every year (Pagel-Theisen 9). The exact amount of diamonds that exist in the world cannot be accurately established. However, at this current rate of mining and synthesis, a number of diamonds that exist can be estimated (Zaitsev 10). India has been leading the world in the production of diamond from the time they were discovered there around 9th century BC until mid 18th century AD. This led to the exhaustion of these sources. Diamond began being extracted from primary deposits of lamproites and kimberlites in the 1870s after being discovered in fields, in South Africa. Since then, its production is estimated to have reached 4,500,000,000 karats to date. This is approximately 900,000 kilograms of diamond (Koizumi, Nebel and Nesladek 33). Much of the diamond produced in the world is used for various purposes. A significant amount of diamond is used for industrial applications because of its characteristic high dispersion of light, and its hardness. Another common use of diamond is to make jewelry. Due to its electrical conductivity, diamond is also used as a semiconductor. Most of the diamond produced all over the world is used for these common purposes (Zaitsev 12). It is usually assumed that diamonds are solely fashion accessories. However, they have other numerous applications as stated (Pagel-Theisen 16). It is important to point out that most diamonds can be recycled. Sometimes, when diamonds are mined, not all of them are appropriate for use in making jewelry. This may be because of their size or quality. Such diamonds can be used to coat different cutting tools (Pagel-Theisen 44). This will make those cutting tools more effective because of the hardness of diamond. Tiny flawed diamonds may be used in other areas such as computing and optics. This shows that diamonds can be safely recycled by themselves. When glued to other parts for various uses, diamonds must be separated from these toxic parts before being recycled (Zaitsev 15). There are some cases whereby diamond cannot be recycled. These include instances where diamond was used in industries to grind other things, and it eventually turns into dust. According to the United States Geological Survey (USGS), in 2003, 4.9 million carats of industrially used diamond was recycled (Koizumi, Nebel and Nesladek 30). Diamonds are also being recycled through recutting and resetting. It is estimated that 49% of diamonds in the world come fro m Southern

Sunday, November 17, 2019

Using Roles Paper Essay Example for Free

Using Roles Paper Essay This paper will discuss a better way to control user access to data is to tie data access to the role a user plays in an organization. It will cover the value of separating duties in the organization. Then discuss the value of using roles to segregate the data and system access needs of individuals in the organization. Then describe in detail why a role-based access control system (RBAC) would be the best way to accomplish this. Finally, how to handle distributed trust management issues for users going to or from business partner networks. The value of separation of duties is an essential security standard that certifies that a specific user does not have a proficiency to misuse his or her capabilities or make substantial oversights. No user should have the influence to cause destruction acting on his or her acknowledge. The security standard is not confined to computer systems and has been in use in modern society for eras. Allocating that function into separate steps is crucial for the purpose to work, or for the command that enables that function to be neglected. Splitting the roles across multiple departments and different locations can help subsidize duty to reducing fundamental threat. At the same time separations of duty limitations have been composed into an information system, users are looking for ways around the access authorizations because of pressure. In large organizations it is the role of the auditor to detect these intervals of control but often this is an unattainable assignment. Whenever it is difficult to segregate, other devices such as monitoring of activities, audit trails should be anticipated. It is important that security audit stays impartial. RBAC model provides a wide scope throughout a company to control method for managing IT assets although still sustaining the most wanted level of security. Role-based permissions can be inserted and renovated quickly across multiple systems, applications and wide range of sites right from the IT department’s laptop or desktop. RBAC systems are constructed to extend functioning occurrence and tactical business ethic. It can modernize and computerize many transactions and business functions and provide users with the resources to achieve their job swifter with the user holding more accountability. Providing the RBAC system, an organization  can live up to their potentials for discretion and secrecy. IT personnel and supervisors can observe how data is being used and edited based on real world needs. With RBAC system being used HR can enter new hires brisker and can lock out an employee for access areas not required to perform his or her job. It also helps employees with their effectiveness and production by purging the redundancy and admin tasks under other security systems. Most companies do not want to take the time to setup th is system. It is tidiest practices that take time to acquire and manage the appropriate way. If a company invests in time to implement that framework of RBAC it will pay off in the end. Overseeing the level of confidence is a crucial security requirement. Trust management comprises of trust creation, prosecution, and examining. Once a trust agreement is determined and utilized to administer the inter-organizational security policy. It is imperative that none of the trust agreements concedes or encounter with current personnel organization’s policies and limitations. The relationship should balance rather than switch current local security policies. A security restriction, in its general use, states that confines someone from doing something. It is proposed to provide system integrity. It is also defined to describe incomparable security roles, such as sequential limitations. The limitation may safeguard the sincerity of a requester based on information stowed in the auditing archive. It may also assess the constancy of a operation by taking into account the location, time, and risk correlated with the operation. In a consensus, self-assurance limitations are used to differentiate an un-safe state. The intrusion also can be handled by evolving exceptions or events, which spawn some counter-measure rules. These rules act upon actions, such as sensitive data filtering, query modification before administering demands, and cryptographic procedures. A trust agreement represents affiliations between cooperating organizations concerning security and expectation of policies. To institute a trust understanding, a source contributor organization and a resource requestor establishment would cooperate with each other to explain a set of security strategies and limits that they conjointly agree to administer. The conferred trust arrangement encompasses, rules should require the certification amenity, which associates would be diagramed to which distinct role, and what limitati ons coupled with the diagramming. Cooperate with each  other’s business requirement for an agreement to be precise clearly in requisites of what subcategory of his or her assets they are prepared to divulge to whom, and how they can safeguard messages from a risk, at the function level. Notice that in this work the expectation arrangement condition reports only the security-related concerns such as certificate-based authentication. Additional categories of inter-organizational policies, such as observing or deterrence of non-compliance and retribution of policy defilement, are critical, but beyond the capacity of this study. The structural design entails of a network of Trusted Collaboration (TC) nodes, which intermingle as colleagues in the network. A TC node is an established of hardware and software beneath the management and influence of a company. Substantially, a TC node is shielded by using innovative router and firewall equipment, which facilitate and regulation the traffic stream into and out of the TC node. It implements the security policies and limitations dependable with the security goals and necessities of an company. Also accomplishes protected distribution of its resources based on its recognized trust affiliations with the TC nodes of its cooperating associates. Each Trusted Collaboration (TC) node is capable of establishing trust and contractual relationships with others without resorting to a centralized controller. This trust report will be exhausted to make authentication and authorization choices for assistance demands. A user in a TC node can have access to the protected resources in another TC node, possibly through multiple intermediary TC nodes. In conclusion, the paper covered the value of separating duties in the organization. Then went over using roles to segregate the data and system access needs of individuals in the organization and why a role-based access control system would be the best way to accomplish this. Setting a process can help distribute trust management issues for the users going to or from business partner networks. Developing a role-based system helps personnel know what his or her roles are in order to complete the job at hand. Creating way personnel can only access duties that have to do with their department and not get into another part of the system without getting permission first. References O’Brien, J. A., Marakas, G. M. (2011). Management information systems (10th ed.). New York, NY: McGraw-Hill. Stallings, W., Brown, L. (2012) Computer security: Principles and practice (2nd ed.). Boston, MA: Pearson. Whitman, M. E., Mattord, H. J. (2010). Management of information security (3rd ed.). Boston, MA: Course Technology/Cengage Learning.

Thursday, November 14, 2019

Forest Fires :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  In the year 2000, fire fighters battled raging infernos as some of the worst wildfires in 50 years rampaged across a dozen states. Not only were these fires the worst in half a century, but they may be the worst ever recorded.   Ã‚  Ã‚  Ã‚  Ã‚  In a single week in mid August, 86 major wildfires were raging in a dozen states from Arizona and California up to Colorado and Wyoming to Montana, Oregon and South Dakota. Five million acres of land burned, more then double the annual average for the past decade. A controlled fire six miles southwest of Los Alamos that was implemented as a fire prevention measure would not stop. First consuming dry grass, then ponderosa pines, then gobbling up hundreds of homes and buildings, the fire spread through Los Alamos, the home of the atom bomb. Some 20,000 people had to be evacuated and luckily the fires never came close to a building that held drums of transuranium mixed waste and a metric ton of plutonium. Noxious fumes wafted from the lead paint, rubber and plastics in burning cars and buildings.   Ã‚  Ã‚  Ã‚  Ã‚  Due to the destructive wildfires, interest in fuel management to reduce fire control costs and damages has been renewed. Although several tools, such as prescribed burning and salvage timber sales can address these problems, the extent of the problem and the cost of needed treatments are generally unknown. There are few documented estimates of the decline in control costs or damages associated with fuel treatments.   Ã‚  Ã‚  Ã‚  Ã‚  The roles and responsibilities of the Federal and State governments in fire protection may be subject to further debate. Laws state that a permit must be required to start a fire outside.

Tuesday, November 12, 2019

Drug Abuse Essay

1.0 Topic and Chosen aspect Drug abuse among teenagers is the chosen aspect for this report. Drug abuse is defined as the excessive use of drugs without medicine justification. It is reported that 50% of teenagers have abused a drug of some kind (Teendrugrehabs n.d.). 1.1 Critical evaluation of findings One of the main factors of drug abuse among teenagers is due to peer pressure. Based on statistics 80% of teenagers are affected by peer pressure (Wallace 2011). Wanting to be accepted by their peers, they are willing to do anything. Their desire to be socially accepted will cause them to be influence by their peers. Thus, this will lead them to the abuse of drugs to make things more exciting and not left out. Besides that, it is very hard to say â€Å"NO!† to their peers. Furthermore, another reason for teenagers to be easily involved in drug abuse is due to the easy access to drugs. 54% of the students of private high schools reported that drugs are accessible in their schools while 61% of the public high school students state that their schools are â€Å"drug-infested† (Pahuriray 2012). As drugs can be easily obtained everywhere. 2.0 Processes Various steps were undertaken to attain the sources needed for the report. However, a lot of the sources from the internet is too vague and the statistics are already outdated.

Saturday, November 9, 2019

In Arthur Miller’s play the crucibl Essay

In Arthur Miller’s play the Crucible, Reverend Hale changes as the plot unfolds. When Reverend first arrives in Salem he is certain he will use scientific methods to find witches. As the court hearing begins to unfold, Reverend Hale opposes the actions being taken, thus begins using his own judgments. Hale attempts to save the guiltless when he realizes they were convicting innocent people. The plot takes place in 1619, in a small town named Salem. The town was young; being only 40 years old was very religiously strict. A group of teen girls were caught dancing naked in the woods. They started making accusations of witchcraft across the town. Reverend Hale, who was a witch expert, was called from a near by town to put a stop to the matter. One reason Reverend hale changed as the plot unfolds is because he at first believes that he will be using scientific methods to find witches. Hale firmly follows the law to sustain order. By keeping to his books he prepares himself to pay no heed to conclusions. He trusts his books to keep control over the problems arising in Salem. â€Å"†¦ all the invisible world, caught defined, and calculated. In these no fear now-we shall find him out if he has come among us, and mean to crush him utterly if he has shown his face. † (Miller, 39) One reason Reverend Hale changed as the plot unfolds is because he at first believes that he will be using scientific methods to find witches. Subsequently Reverend starts to evolve his thinking during the trail and starts going by his own judgment. He pleads with the judge to let Proctor return, only to be rejected by him. Hale fought against the judge’s verdict realizing it was unjust. Hale then decided to leave the court. â€Å"I denounce these preceding. I quit the court. † (Miller, 115) Subsequently Reverend starts to evolve his thinking during the court hearing and starts going by his own judgment. Then at the end, Reverend changes even more when he realizes they were accusing every one of witchcraft and tries to save the innocent. Reverend declares he will not take a life of an innocent person â€Å"†¦ I am a minister of the Lord, and I dare not take a life without there be proof so immaculate no slightest qualm of conscious may doubt it. † (Miller, 99) He realizes that it is not the convicted people, but that of a hunt to find a cause for there problems. He encourages Mr. proctor to confess to witchery. Also pleading with Procter’s wife, he protests the foolishness of admitting to something you did not do. Finally Reverend Changes for the better realizing that not everyone is a witch and attempts to save the innocent Hale changes from being in favor of the witch trails to opposing it due to the amount of unnecessary convictions with sentences of death. He finds that, when you stop accusing people every for every incident and mishaps, many of the folks are innocent. It is hard to believe that many innocent people were killed during the Salem witch trials. Certainly nothing like that will ever happen today. Reverend Hale changes as the scheme unfolds in Arthur miller’s play, the crucible. Work Cited Miller, Arthur. The Crucible. New York Penguin, 1952 Jonathan Schneider Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE Arthur Miller section.

Thursday, November 7, 2019

The Common App - New Questions for 2013

The Common App - New Questions for 2013 The Common Application keeps a-changing! This admissions season we have both a new word limit (650, increased from 500) and new question choices. Here are the questions you will be asked to choose from if you are applying to college this fall: Some students have a background or a story that is so central to their identity that they believe their application would be incomplete without it. If this sounds like you, then please share your story. Recount an incident or time when you experienced failure. How did it affect you, and what did you learn? Reflect on a time when you challenged a belief or idea. What prompted you to act? Would you make the same decision again? Describe a place or environment where you are perfectly content. What do you do or experience there, and why is it meaningful to you? Discuss an accomplishment or event, formal or informal, that marked your transition from childhood to adulthood within your culture, community or family. As pointed out by the Huffington Post, these questions are designed for you to demonstrate what you would contribute to your college class. What is special about you? What character do you possess? What are your values? What’s important to you? Do these questions seem daunting? Said one of my clients, â€Å"These questions all seem so theoretical!† He did not know where to start. Allow me to make a suggestion: Consider that these questions are only theoretical if you don’t know what you want to say in your essay. Once you choose a topic, I’m willing to bet you can find a way to talk about it in response to one of the five Common App questions. There’s a trick for interview preparation where you write a list of things you want to talk about, and then use whatever questions the interviewer asks to say what you wanted to say. It’s an art to succeed in this method, as you do need to answer the question (you can’t answer a different one). Let’s look at an example as it applies to the Common App. Let’s say you want to talk about your love of music and what it’s like to perform. You could answer any one of the Common App essay questions and say what you want to say. Perhaps your musical abilities are central to who you are (#1). Perhaps you played a wrong note in a concert, or struggled in some other way as you learned (#2). Maybe your parents or teacher wanted one thing for you, and you wanted another (#3). Is the stage a place where you feel completely at peace? If so, maybe question #4 is for you. And certainly if music is important enough to you for an essay, you might have some accomplishment there that marked a transition to adulthood (#5). As you consider how your topic might apply to each question, you might learn something about yourself you didn’t know before! â€Å"OK,† you might be saying, â€Å"Now the questions seem less theoretical, but I’m still daunted: If I could write a great answer to every one of the questions, how do I possibly choose which one to answer?† I would suggest outlining a response to as many of the questions as you think you might want to answer; then evaluate which question allows you to express yourself most fully. In which answer do the most aspects of yourself get revealed? And, perhaps most important, which answer is most interesting to read? Important: The most interesting answer will not necessarily be the easiest to write. It might be less straightforward and take more thought and creativity- which is exactly what admissions committees are looking for! What if I don’t have a topic in mind? If you don’t have a topic you know you want to write about, try going through the questions one by one and having a conversation with someone (most likely someone other than your parents) about how you might answer each question. Brainstorm ideas and see what arises. Give it some time. Sleep on it. Have conversations with more than one person. You might discover a topic you didn’t know could become an essay! And of course, if you’re still stuck, it might be time to work with a professional essay coach. The Essay Expert would be happy to help!

Tuesday, November 5, 2019

Word Choice Anymore vs. Any More - Proofeds Writing Tips Blog

Word Choice Anymore vs. Any More Word Choice: Anymore vs. Any More How much difference can one little space make? Well, with the words â€Å"anymore† and â€Å"any more,† it can be the difference between using a term correctly and having errors in your writing! Good news, though! Your work will be free from mistakes if you follow our vocabulary advice. Anymore (No Longer) Who wouldnt want more of this? When written as a single word, â€Å"anymore† is an adverb that means â€Å"no longer.† For example: Nobody cares about vaudeville anymore. Here, we suggest that people have stopped caring about vaudeville (a sad truth). The adverb â€Å"anymore† is therefore modifying the verb â€Å"cares.† In all cases, â€Å"anymore† refers to time. This term used to be written as two words, but in modern English the one-word version is standard. Any More (An Indefinite Quantity) When the words â€Å"any† and â€Å"more† are separate, they refer to an indefinite quantity of something. This phrase is therefore used as a determiner, such as in the following: I cannot stand to see any more Broadway musicals. In this sentence, using â€Å"any more† allows the speaker to say that they don’t want to see another musical without specifying a number. It also implies that they have already seen at least some Broadway musicals, as otherwise they would not need to say â€Å"more.† Language from Across the Pond†¦ As usual, British English is a bit behind the times. Consequently, the single word â€Å"anymore† is less common over there than it is here, so you might want to avoid it if you are writing for the Queen. Her Majesty is not amused by modern grammar.(Photo: Foreign Commonwealth Office/flickr) Anymore or Any More? These terms look similar on paper, but each has a special use. The key is that the one-word term â€Å"anymore† always means â€Å"no longer,† so it is always related to time. The two-word version, meanwhile, always refers to a quantity of something. Remember: Anymore = Time Any more = Quantity

Sunday, November 3, 2019

Foreign Investment Essay Example | Topics and Well Written Essays - 3000 words

Foreign Investment - Essay Example MFN clause has been beneficial in generating parity in trading opportunity among states by converting bilateral accords into multilateral agreements. As a matter of public international law, MFN clause provides the sovereign equality of states relative to trading policy. While as a tool for economic policy, it establishes a basis for international treaty in relation to competitive dealings.2 The establishment of Most-Favoured-Nation dealing has quite a long record. Before the GATT (General Agreement on Tariffs and Trade), bilateral trade agreements often include an MFN clause, and by itself contributed a great deal to trade liberalization. Nevertheless, various measures in the '30s were carried out that constrained the operation of the MFN initiative. These measures were viewed to result in the splitting up of the world economy into trade blocs.3 Realizing from this mistaken view, the unqualified MFN clause on a multilateral footing was subsequently integrated in the GATT following the ending of World War II, and has led to trade stability all over the world. The dual purpose of the MFN principle is removing the econ... The MFN clauses ensure that protected investments via treaty will obtain favourable treatment no less than the agreement the host country bestows to investments from any other state firms or nationals. The Netherlands-Philippines Bilateral Investment Treaty is one distinctive example wherein it formulated that "each contracting party shall extend to investments, in its territory, of nationals of the other contracting party treatment no less favourable than that granted to investment by any third state."4 II. Procedural and Substantive Rights of Investors Maffezini v. Kingdom of Spain5 The issue being dealt with in the Maffezini case was to find out in what permissible conditions that an investor can apply the MFN clause covered in a Bilateral Investment Treaty (BIT) that is valid to its dispute as a way of establishing the arbitral's jurisdiction. In resolving this issue, the tribunal presented the difference between the rightful extension of rights and privileges by way of the operation of the MFN clause, and the bothersome treaty-shopping that could disrupt policy objectives of the essential explicit treaty provisions.6 Case Facts: An investment dispute between the Kingdom Spain and an Argentine petitioner submitted to adjudication by the petitioner under the Spain-Argentine BIT. The terms of the treaty provide that any dispute arising from the BIT has to be submitted to a competent tribunal in Spain when the procedures for amicable settlement fail (Art.-X.2). Further, that a dispute could only be elevated for international arbitration if the competent tribunal in Spain delivered a decision on the merits that fall short of resolving the dispute, or a decision has not been made on the merits within a period of eighteen