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Free research papers and essays on topics related to: crisis

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  • Agricultural Crisis - 1,233 words
    Agricultural Crisis The Agricultural Crisis: Crisis of Culture In this novel by Wendell Berry, Berry's describes in his thesis that modern culture is destroying the agricultural culture. He feels that technology is seen as the easy way to produce food faster and more efficiently. With this modern way of farming comes the idea that hard work is not needed to make a living. The goal is comfort and leisure. Berry feels that this is the reason for the deterioration of the agricultural culture. He believes that hard work and pride in workmanship is more important than material goods and money. This was by no means a perfect society. The people had often been violent wand wasteful in the use of la ...
    Related: agricultural, crisis, military force, young children, displacement
  • Analyzing Persian Gulf Crisis Between Iraq And Kuwait - 508 words
    Analyzing Persian Gulf Crisis Between Iraq And Kuwait In analyzing the Persian Gulf Crisis originally between Iraq and Kuwait, one must first understand the factors that contributed to the conflict. In 1980, Iraq carried out a major air and land attack on Iran. For eight years, the Iran-Iraq War grew more intense, until the U.S. "accidentally" downed an Iranian plane, killing 290 passengers. Three factors contributed to this war: (1) territorial dispute, (2) religious disputes between Islamic moderates and fundamentalists, and more importantly, (3) a personality conflict (also known as ego-mania) between Saddam Hussein, Iraq's president, and Ayatollah Khomein, the leader of Iran. During this ...
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  • Asian Crisis - 1,925 words
    Asian Crisis Introduction A financial crisis swept like a bush fire through the tiger economies of South East Asia between June 1997 and January 1998. One country after another, local stocks markets and currency imploded. When the dust started to settle, the stock markets in many of these countries had lost over 70% of their value. Leaders of some these nations had to approach the International Monetary Fund (IMF) to beg for massive financial assistance. The crisis in Asia has occurred after several decades of outstanding economic performance and growth. Annual Gross Domestic Product (GDP) growth in the ASEAN- 5 (Thailand, Malaysia, Singapore, Indonesia and Philippines) averaged closed to 8% ...
    Related: asian, asian countries, asian crisis, crisis, east asian, economic crisis, financial crisis
  • Asian Crisis - 291 words
    Asian Crisis The continuing Asian economic crisis that began in mid-1997 ranks as Asia's second biggest event since World War II. The crisis suddenly halted the region's unprecedented three decades of rapid economic growth. Within Asia itself, the crisis has had not only serious domestic social, political, and economic impact, it has affected intra- and extraregional international relations, as well as intellectual and policy discourse. At the same time, the crisis has almost incompatibly, spawned the deepest uncertainty yet among Asian government and business leaders and the public at large about the wisdom of following the universalistic (but really Western, especially American-propagated) ...
    Related: asian, asian crisis, crisis, economic crisis, hong kong
  • Asian Crisis - 1,978 words
    Asian Crisis On the 2nd of July 1997, Asia was hit by one of the most devastating financial crises it has ever seen. Of all the financial crisis that have taken place, this was one of the most distressing in that it was totally unexpected. The purpose of this paper is to show that particular developmental strategies employed by these economies eventually led to their downfall. It will attempt to find out where the origins of the crisis lie, and what events started the cycle that eventuated with this disaster. In order to trace the events that led to the eventual collapse of the Asian economies, one must venture across the ocean to the United States. The issue of liberalisation first gained a ...
    Related: asian, asian countries, asian crisis, crisis, east asian, financial crisis, southeast asian
  • Asian Crisis - 1,034 words
    Asian Crisis There are many speculations about the causes of the Asian Crisis. From my research I found out that there is quite a number of reasons for the Asian currency crisis. There is a book called; The East Asian Miracle, which was published by the World Bank. This book expressed the relationship between government, the private sector, and the market. (See Hoover Digest 1998 No.3. William McGurn. What went wrong?) The book talks about the economic bloom in Southeast Asia. The East Asian countries borrowed a lot of money from the IMF and World Bank and used it to create a better economy for themselves. I found out that the following countries due to their reoccurrence during my research ...
    Related: asian, asian countries, asian crisis, asian values, crisis, east asian
  • Asian Crisis - 998 words
    ... dollar attractive they would have to keep the interest rate therefor business would slump. (see why did it happen?) Another article; Four myths of the Asian economic crisis. 12-18 January 1998. Web site www.newaus.com, disagrees with the view that pegged currencies is one of the problems. The article states that pegging currencies cannot be damaging as long as they are pegged at their market rates. It says that the only way a problem could arise is if the currency of an economy begins to inflate against the currency to which it is pegged. The countries will then begin to experience the crisis. "They find their currencies become overvalued, current account problems begin to emerge and spe ...
    Related: asian, asian crisis, asian financial, asian financial crisis, asian market, crisis, economic crisis
  • Asian Crisis - 1,338 words
    Asian Crisis A large economic downturn in East Asia threatens to end its nearly 30 year run of high growth rates. It is hard to understand what these declines will actualy do to the world market. The crisis has caused Asian currencies to fall 50-60%, stock markets to decline 40%, banks to close, and property values to drop. The crisis was brought on by currency devaluations, bad banking practices, high foreign debt, loose government regulation, and corruption. Due to East Asia's large impact on the world economy, the panic in Thailand, Indonesia, Korea, and other Asian countries has prompted other countries to worry about the affect on their own economies and offer aid to the financially tro ...
    Related: asian, asian countries, asian crisis, asian nations, crisis, east asian, economic crisis
  • Asian Crisis - 1,309 words
    ... debt dried up. "This financial crisis will probably lead to loss of confidence by investors in Thailand's economy and a slow down and then a slump would ensue", she predicted. Key Indicators to Watch Unemployment. Unemployment is already a problem, concentrated for the moment in urban areas, and affecting both skilled and unskilled workers in Asia. It is expected that in Thailand an estimated 900,000 workers will have lost their jobs by the end of 1999; in Indonesia, it is estimated that unemployment may have increased by some 2 million people, with predictions of substantial further rises in the coming months. In other countries with rigid rules governing hiring and firing, such as Kore ...
    Related: asian, asian countries, asian crisis, asian economy, asian financial, asian financial crisis, asian nations
  • Asian Economic And Financial Crisis - 322 words
    Asian Economic And Financial Crisis Asian Crisis The crisis began in Thailand in July 1997 and spread to Indonesia, the Philippines and Malaysia, then to Hong Kong, Korea and Japan. Financial systems in Thailand, Korea and Japan all came under intense strain, but nowhere as destructively as in Indonesia, which by early 1998 had become the worst-affected victim. The 1997 Asian financial meltdown began in Thailand on July 2 after the collapse in late June of 16 finance companies alerted investors to the strains on the financial system. After surging ahead in the mid 90s Thai exports had shrunk in 1996. The government was shaky, economic growth was slowing, and there had already been two specul ...
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  • Asian Financial Crisis - 1,304 words
    Asian Financial Crisis Introduction Many economists have said that the growth experienced by Southeastern Asian countries during the 1980s and early 1990s was a miracle. Japan, Malaysia, South Korea, Indonesia and other countries in the region experienced annual growth rates of over 7 percent. Along with this rapid growth, these countries also saw very little unemployment and an almost invisible wealth gap between the different social and economic classes of citizens. Circumstances have dramatically changed, however. In the summer of 1997, Southeast Asia experienced a time of great financial and economic turmoil. At first, the economic crisis was isolated in Thailand's financial sector, but ...
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  • Asian Financial Crisis - 1,333 words
    ... Often times, banks were pressured to make loans at the request of the government. The government felt if this cycle of borrowing and reinvesting in domestic industries continued, so would the economic growth. By 1997, many Asian businesses had debts valued at between three and six times the total amount of cash invested in their companies. These massive debts quickly led to bankruptcy when currencies fell and no one was willing to extend any more loans in Asian countries. Corruption was also rampant in this region, causing further problems in Southeast Asia. In June 1997, 11 prominent businessmen, bankers and politicians were convicted of embezzling funds and pressuring banks to make ill ...
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  • Asian Financial Crisis - 1,036 words
    Asian Financial Crisis Have you ever been in a situation where you were low cash and in debt? Well, I know I have. I remember one time when I had used up all of my money for the month, and owed, at the same time, my sister ten dollars. Boy, that was pure hell. You cant buy anything, and you feel like you have no control over anything. Well, imagine an entire continent in a financial rut. That is what is currently going on in Asia. This dilemma is known as the Asian Financial Crisis. Now, what exactly is the Asian Financial Crisis? Well, it is the current imbalance of Asias economy. While some areas are doing great, most areas are poor and economically unstable . Currency value has gone down ...
    Related: asian, asian countries, asian financial, asian financial crisis, crisis, financial crisis
  • Asian Financial Crisis - 1,037 words
    ... ill start buying the bonds and stocks. This will get the stockmarket of Japan back on track again. (Another country to look at is Hong Kong. Hong has stayed- while everyone else has devalued - in a situation where it cannot support its currency rate against the US dollar. So, the peope of Hong Kong end up not being able to pay for all their daily needs for the price of things have zoomed. As the Chinese economy is shrinking so extravagantly that it's destroying itself, all possibilities for trade and investment in and out of China, (which are primary for Hong Kong) are dismissed. The economic problems that Hong Kong are currently dealing with are obviously associated to the Asian financi ...
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  • Caribian Crisis - 1,830 words
    ... to direct opposition activities, and to provide cover for Agency operations. b. A propaganda offensive in the name of the opposition. c. Creation inside Cuba of a clandestine intelligence collection and action apparatus to be responsive to the direction of the exile organization. d. Development outside Cuba of a small paramilitary force to be introduced into Cuba to organize, train, and lead resistance groups.5 Eisenhower also approved the budget for the operation, which totaled $4, 400,000. This included Political action, $950,000; propaganda, $1,700,000; paramilitary, $1,500,000; intelligence collection, $250,000.6 The plan was to train Cuban exiles, which would serve as a cover for ac ...
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  • Christianity Crisis - 2,306 words
    Christianity Crisis There was a time, not long ago, when the evangelical community had considerable consensus on lifestyle questions and social issues. We generally agreed on what we should eat and drink and how we might spend our weekends. There was little debate over definitions of vulgarity or morality, and questions of fashion were rarely a matter for discussion. In those days, everyone knew how a family should be raised, and aberrations such as divorce and abortion were simply that: problems found only among hose outside the fold. All of that has changed. Today there is considerable disagreement on such questions, and where there is not disagreement, there is often a reluctant silence o ...
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  • Christianity Crisis - 2,296 words
    ... ss supportive of traditional parenting skills. This is especially true of younger evangelicals, for example, who tend to share society's view that a working mother can have just as secure a relationship with a child as a mother who does not work. A culture of traditional, shared meanings is strained by the explosion of new symbols generated by modernity and supported by the mass media. Words traditionally deemed to be profane or vulgar are now commonplace. Even the accepted definitions of life and death have been reinterpreted by modern symbolic meanings. The person is left to choose among the offered symbols and the cultural lifestyles they represent. A Crisis of Concepts In a tradition ...
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  • Communist Rule In Cuba And The Cuban Missile Crisis - 1,485 words
    Communist Rule In Cuba And The Cuban Missile Crisis The year is 1959 and the place is Cuba. It is January 1st and Batista, the president of Cuba has just fled the country fearing Fidel Castro, a Cuban revolutionary who mounted a rebel force called the 26th of July Movement against Batista. Castro assumes power on the 16th of February and establishes a dictatorship. Communist Rule In Cuba So far, the Soviet leader, Khrushchev is in question of what political track Castro is deciding to take. Russia themselves have only one connection with Fidel which is his brother Raul who is no doubt a full communist. The Communist Party of Cuba at this time has no contacts with Castro quite yet. Unfortunat ...
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  • Congress In Crisis - 1,266 words
    Congress in crisis The United States Congress is not in any crisis from a lack of power, and indeed since the deteriorating power of the presidency has prevented imperial Presidents, Congress has made Presidents seem less imperial than impotent. To assess the power and effectiveness of Congress, one must look at the four major roles that Congress plays in the United States. Although inevitably checked and balanced, there is no question of the founding fathers intent, when framing the constitution, they had aimed to enumerate the powers of Congress so as to create a dominant branch of government. The United States, similar to Britain is a representative democracy, ergo the name of the Lower H ...
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  • Cuban Missile Crisis - 1,250 words
    Cuban Missile Crisis John F. Kennedy's greatest triumph as President of the United States came in 1962, as the world's two largest superpowers, the Soviet Union and the United States, edged closer and closer to nuclear war. The Soviet premier of Russia was caught arming Fidel Castro with nuclear weapons. The confrontation left the world in fear for thirteen long days, with the life of the world on the line. In 1962, Nikita Khrushchev, Premier of the Soviet Union, employed a daring gambit. He secretly ordered the placement of Soviet nuclear weapons in Cuba. Earlier the Soviet premier had promised Soviet protection to Cuba (Cuban 774). This was the first time any such weapons had been placed o ...
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