FDI (Foreign Direct Investments) determinants in Greece and the impact Dissertation

FDI (Foreign Direct Investments) determinants in Greece and the impact of thr single European currency on the attraction of FDI - Dissertation Example The typical factors that bring FDIs in Greece mostly influence the capital productivity, decisions of foreign investors, and the labour costs on the sectoral level. In the conclusion, the paper provides significant policy implications. Table of Contents Table of Contents 2 1. Introduction 3 2. Literature Review 6 3. Locational Determinants of FDI INWARDS in Greece 10 4. Description of variables and hypotheses 15 6. CONCLUSIONS AND POLICY IMPLICATIONS 26 References 29 1. Introduction FDI is considered as the most important economic force in the world. The proportion of FDI in services sector is rapidly attaining great importance (United Nations Conference on Trade and Development, 2004). Special attributes making the treatment of FDI unique in the service sector include the coherence between the products’ production and consumption, the urgent requirement for local adaptation and the significant impact of quality (Boddewyn et al., 1986; Dunning, 1989). The services play a cruci al role in the entire process of production. For instance, the presence of the framework (Ramamurti and Doh, 2004) or financial services are regarded as the economy’s backbone. However, the small share of the services in the world’s exports, which is only 20 percent (IMF, 2003) highlights their non-tradable nature. Due to this specific attribute and in order to remove the trading restrictions, several businesses decide to support the domestic market with the FDIs. In services, the FDI inward stock of the world has increased from USD 950 billion to more than USD 4 trillion whilst the previous decade. At present, the FDI inward stocks in services account to over 60 percent of the total inward FDI stocks around the globe. Thus, in order to support their group internationally, numerous Multi-National Enterprises (MNEs) opt to invest in trading, marketing and financial intermediation associates. This shift of FDI flows to services is explained through the case of Greece in this study since Greece has been conventionally receiving FDI from the early 1950s. Most of the FDI flows were directed towards the sectors of basic metals, chemicals and transportation during the decade of 1963 to 1973 which extensively supported the revival and enhancement of the industrial base of the country. However, after the induction of Greece to European Union (EU), a smooth change occurred in the structure of FDI in the early 1980s. On the other hand, during the 1980s and 1990s, the FDI flows were targeted towards the industries of food, textiles, beverages and consumer electronics. The governments of Greece during that period took significant measures to lead the Greece towards rapid and sustainable development through enhancing the competitive advantages of its economy as it converged with the core countries of EU. These measures were further reinforced through targeted EU policies that specifically included Community Structural Funds and Cohesion Funds. The major part o f this support was inclined towards the development of infrastructure where as just a small portion of it was dedicated to education, training and capital (Paliginis, 2001). Presently, the objective of the policies at Greece is to encourage and attract FDI. Most of the industries in Greece are open to international investors, with the telecommunications sector being de-regularized as well as the energy industry being

Women rights in Brazil and Egypt Research Paper

Women rights in Brazil and Egypt - Research Paper Example This brought a completely new religion and an all new language. To highlight a current issue of this country, I have gone through a number of media sources and newspapers. The Daily News Egypt is a newspaper that examines various national and global affairs from an Egyptian frame of reference. Al-Masry Al-Youm, on the other hand is an independent news agency that is operational in Egypt. These are the key resources that will be utilized to discuss, elaborate and examine the chosen current issue (Tignor 2011). Brazil, with its capital Brasilia is the second region under debate. The country has a population of 195.4 million. Social conditions can be bitter in big regions of Sao Paulo and Rio de Janeiro, where up to third of total population resides in slums. To point out a current issue of this country, I have gone through a book called Latin American women: historical perspectives By Asuncion Lavrin. I have also analyzed details available on BBC.co.uk, an online news source that provi des political, cultural and economic insights (BBC 2010). As I researched the above mentioned sources, I found out that women’s right is an issue that is highly being focused.... Many women gathered at Tahrir Square on 8th March, 2011. Their ultimate aim was to remind the government that women make up half of the country and that they should have a say in the construction of a new Egypt. Throughout the uprising of Egypt, while women have played important roles in street protests, they remained silent regarding gender rights in their country. Due to this, they have not only faced aggressive discrimination but also received minimal legal aid against sexual abuse and widespread violence. The second article â€Å"Paving a Way for Women in Brazil† which has been written by Luisita Lopez Torregrosa (2011) and published in the New York Times highlights Dilma Rousseff’s speech at the U.N. General Assembly in the month of September. She, as the first ever female president of Brazil declared this century to be one for the women adding that her motive is to spread democracy and provide equal rights. Ms. Rousseff has taken steps to appoint women at prestigi ous posts such as chief of staff, institutional relations minister as well as planning minister. It has been observed that Brazilian women have made considerable advancement on closing gaps in fields of education and health but there are still gaps in wages, labor force, and the ratio of women’s unemployment and in their contribution to superior levels of hierarchies in businesses. If we compare the two, in order to emerge as prosperous nations, both these countries need to solve women’s right issues on a serious note. As compared to Brazil, women in Egypt are not given much chances as of yet, to contribute in the political sector. Even though they played a prominent role throughout Egypt uprising, they are not been given enough chances to grow and

Crime Causation Unit 3DB Essay Example | Topics and Well Written Essays - 250 words

Crime Causation Unit 3DB - Essay Example According to the rational theory individuals have alternative courses of action and calculate which option is best for them (Walklate, 2007). They choose the option that is likely to give them the highest level of satisfaction. For example an individual who decides to steal a car may find it rewarding because of the joy he/she is going to derive from riding and recognition from other. On the other hand, this person has the option of spending all his savings and buy a car. Similarly he is aware that car theft may lead to his/her imprisonment, social rejection resulting from the individuals’ conviction. The police departments prefer the rational choice philosophy to positivism. This is because the police believe that the offenders are aware of the laws and understands the consequences of breaking the governing rules (Mathieu, 2006). Most of the time the police departments do not take into consideration under what circumstances the crime came about. They also believe that individuals should be punished for their crimes through being sent to prison and the punishment should be proportionate to the crime (Siegel, 2003). Police departments believe that their surveillance can be used to deter criminals from committing

Women rights in Brazil and Egypt Research Paper

Women rights in Brazil and Egypt - Research Paper Example This brought a completely new religion and an all new language. To highlight a current issue of this country, I have gone through a number of media sources and newspapers. The Daily News Egypt is a newspaper that examines various national and global affairs from an Egyptian frame of reference. Al-Masry Al-Youm, on the other hand is an independent news agency that is operational in Egypt. These are the key resources that will be utilized to discuss, elaborate and examine the chosen current issue (Tignor 2011). Brazil, with its capital Brasilia is the second region under debate. The country has a population of 195.4 million. Social conditions can be bitter in big regions of Sao Paulo and Rio de Janeiro, where up to third of total population resides in slums. To point out a current issue of this country, I have gone through a book called Latin American women: historical perspectives By Asuncion Lavrin. I have also analyzed details available on BBC.co.uk, an online news source that provi des political, cultural and economic insights (BBC 2010). As I researched the above mentioned sources, I found out that women’s right is an issue that is highly being focused.... Many women gathered at Tahrir Square on 8th March, 2011. Their ultimate aim was to remind the government that women make up half of the country and that they should have a say in the construction of a new Egypt. Throughout the uprising of Egypt, while women have played important roles in street protests, they remained silent regarding gender rights in their country. Due to this, they have not only faced aggressive discrimination but also received minimal legal aid against sexual abuse and widespread violence. The second article â€Å"Paving a Way for Women in Brazil† which has been written by Luisita Lopez Torregrosa (2011) and published in the New York Times highlights Dilma Rousseff’s speech at the U.N. General Assembly in the month of September. She, as the first ever female president of Brazil declared this century to be one for the women adding that her motive is to spread democracy and provide equal rights. Ms. Rousseff has taken steps to appoint women at prestigi ous posts such as chief of staff, institutional relations minister as well as planning minister. It has been observed that Brazilian women have made considerable advancement on closing gaps in fields of education and health but there are still gaps in wages, labor force, and the ratio of women’s unemployment and in their contribution to superior levels of hierarchies in businesses. If we compare the two, in order to emerge as prosperous nations, both these countries need to solve women’s right issues on a serious note. As compared to Brazil, women in Egypt are not given much chances as of yet, to contribute in the political sector. Even though they played a prominent role throughout Egypt uprising, they are not been given enough chances to grow and

Pepsi Cola International (PCI) in Ukraine Essay

Pepsi Cola International (PCI) in Ukraine - Essay Example Pepsi Cola International (PCI) in Ukraine One of the major challenges faced by Pepsi Cola International in this region is the poor infrastructure because of which too much time is taken to distribute goods throughout the region. The other challenge that Pepsi has been facing in Ukraine is about storing of goods because of lack of sufficient warehouse. Pepsi has also problems in distributing its goods in village areas of the country as people in such regions are not able to get the supplies of Pepsi despite of the fact that they want to drink the Cola. With inefficient logistics and supply chain in the country, different intermediaries have come up which are trying to capitalize on the situation by making the most of this opportunity and trying to sell the cola after keeping some profit. Thus, this is making the price of Pepsi to increase. In addition to this problems faced by one of the largest beverages companies of the world, firms in Ukraine have to face substantial tax rate in the country as the tax is imposed on 90% of the total sales of the company and therefore organisations are forced to misrepresent their actual sales and actual financial statements to improve their profitability. Currently the Coca Cola has built a bottling plant to capture the market of Ukraine despite of the fact that Pepsi has been the most favourite cola in the country for years. Therefore with the introduction of Coca Cola in the Ukraine market, the management is currently business practices and evaluating whether a change is necessary or not.

What is Public health and Community health Essay Example for Free

What is Public health and Community health Essay Public Health is an aspect of Health Services concerned with threats to the health of the population of a community based on population health analysis. It generally includes surveillance and control of infectious disease and promotion of healthy behaviors (health promotion) among members of the community. Both vaccination programs and free distribution of condoms are Public Health measures. Public Health promotes not simply the absence of disease but mental, physical and emotional well-being (Public Health). Community Health is a discipline that concerns itself with the study and the betterment of the health characteristics of a given community. While the term community can be defined, community health tends to involve everyone working together (Public Health). What is type of structure and function at each level of government? The type of structure of each level of government and their functions tend to overlap in regard to how the dilemma of teenage pregnancy is handled. Although on a national level, in 2006, in more than 10 years, for the first time, teenage pregnancy increased to 3% from 2005 to 2006. At a state level, in 2005, Texas had the highest number of teenage births accounting for 62 births per 1000 women, in addition to New Mexico, Mississippi, Arkansas, and Arizona possessing the same number of teenage pregnancies. New Hampshire was the state with the lowest teenage births, 18 births per 1000 women, in addition to Vermont, Massachusetts, Connecticut, and New Jersey possessing the same number of teenage pregnancies (Hamilton, 2009). From a local level, it is like trying to figure out, which came first, the chicken or the egg? Some causes of negative outcomes for teenage pregnancy are educational failure, poverty, unemployment, and low esteem could result from early child bearing before the female is ready. In 2006, a study conducted, has released that adolescents watching sexuality on television and in the media, are more likely to have sex out of curiosity. How are the levels of government working together? Each level of government support promising approaches such as abstinence education, family planning, Adolescent family life program, which was enacted in 1981 as an approach to prevent teenage pregnancy, community collaborations and youth development programs for boys and young men. All the levels of government share the same ideal goals and directives for young people. Although teenage pregnancies have decreased, it is not apparent in all regions, due to increased incidence of teenage pregnancy seen in some areas. The message is the clear ways need to be provided to help with decreasing the incidence of teenage pregnancy. Questions have been identified regarding if a 50% decrease in the 1998 levels will be met by the 2010 target date. As a way of reminding the students that abstinence is the best way to prevent pregnancy and diseases, some schools are offering the â€Å"abstinence only† education. Virginity pledges have become quite popular in this day for some young people, making a point. Conclusion Some health departments give out condoms to young women along with advice on ow to use the contraceptive. Laws against child marriage have been put into place, yet people are still marrying young people barely able to make good choices for themselves. All parents should take action by making sure that branches of government and health and education services work together, including helping them work effectively, get better support for teenage mother, including ways to obtain better education, better childcare, in addition to providing a way for them to obtain housing. Advising, counseling, and providing support can make a difference in their young lives.

Affirmative Action is Necessary Essay -- Argumentative Persuasive Topi

Affirmative Action is Necessary      Ã‚   Affirmative action is the perfect fuel for a heated debate. Ever since formal plans for affirmative action were proposed by President Lyndon B. Johnson and instigated in 1964, this fiery topic has been battled back and forth at presidential campaigns, discussed in depth in classrooms, and been thoroughly explored at the dinner table. Put simply, affirmative action affects everyone's lives. This has become particularly evident during this past year in the state of Texas, and more specifically in the city of Austin, due to the recent ruling in an affirmative action lawsuit. The ramifications of the decision of this case have effectively destroyed all affirmative action plans created by universities in Texas, Louisiana, and Mississippi. Thus these states are on the brink of re-creating a segregated society, in which minorities are forced to linger outside of the world of higher education and risk becoming social monsters.    In 1992, four white applicants, Cheryl Hopwood, Douglas Carvell, Ken Elliott, and David Rogers, were denied admission into the law school at UT Austin. In September of that same year, all four filed a discrimination lawsuit against the law school. When the case was presented before U.S. District Judge Sam Sparks in August of 1994, Sparks denied them their 14th Amendment right to equal protection, because they could not prove reverse discrimination and thus could not prove they would have been admitted to the law school under a system in which all applicants were judged equally (Phillips 3). In turn, the prosecutors took their case to the 5th U.S. Circuit Court of Appeals. Judge Jerry Smith reversed Judge Sparks decision, ruling the law school's affirmative-action... ... is that, like the monster in the novel, many of these minorities may very well likely resort to violence in order to release the feelings of injustice that they rightly feel.    This is an alarming situation that promptly needs to be corrected. Our schools and society cannot be allowed to follow in Victor's Frankenstein's footsteps. Minorities are full-fledged members of our society and must be treated as such. Society cannot merely abandon an entire portion of itself, nor plans that are designed to protect this portion. If society is to prevent a whole new generation of 'monsters' from being created, it must take responsibility for its members and educate them.    Works Cited King, Michael. "With All Deliberate Speed?" The Texas Observer. May 3, 1996. Phillips, Jim. "Court Lets Hopwood Ruling Stand". Austin American Statesman. July 2, 1996.