This synopsis briefly explains the challenges faced by African countries with emerging oil and gas industries in bringing widespread economic advancement to their countries. Although‚ on the surface‚ the challenges appear straightforward‚ in essence they often prove to be very taxing and intractable. They are closely interrelated and‚ regrettably‚ have lingering consequences‚ which have come to be known as the ’resource curse’. At core the task facing these countries is how to ensure that the investment
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In the end of the 1980s‚ 85% Of Cuba’s total foreign trades have been accounted by the Soviet Union and Eastern European bloc. About 70% of this was meant for the Soviet Union. The year of 1989 was very important for the Cubans; it was the year of the collapse of the Soviet Union. This year was very important‚ because it was an end to the economic subsidies and trade agreements between Cuba and the Soviet Union. Without the Soviet Union present in the Cuban economy‚ many state enterprises were closed
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that “Power tends to corrupt and absolute power tends to corrupt absolutely”. Give an example to argue your answer. (more or less 500 words) 2. How does media coverage of communal conflict in Indonesia recently influence your views on power and how power may be used to attain political objectives? Give example for your answer. (more or less 1000 words) Answer : 1. “Power tends to corrupt and absolute power tends to corrupt absolutely” is a famous statement of Lord Acton. Power can be
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Nuclear power‚ or nuclear energy‚ is the use of exothermic nuclear processes carried out in controlled manner‚ to generate useful heat and electricity. Nuclear power works by using the energy from nuclear fission or fusion to generate heat. At the moment‚ nuclear fusion is still a subject of intense research and not used in production which is a pity. Nuclear fission is basically what is happening in a reactor. Radioactive elements have unstable nuclei and they are constantly going through random
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Structure as patterns of relations. Structures are applicable to people in how a society is as a system organized by a characteristic pattern of relationships. Power as influence over those relations. The structure of any organization‚ seen in this way‚ will partly be the outcome of the efforts of managers and other organizational designers to structure tasks‚ activities and establish a controlling hierarchy of command (Watson‚ 2008). A sharp distinction should be made between the formal structure
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Power. The use of authority to control a group of people. It is the actor’s ability to manipulate opinions‚ emotions‚ and behaviour of groups‚ even against their will (Hardy‚ 1995; Hardy & Clegg‚ 1996). It is seen everywhere in organisational forms‚ from managers‚ to team leaders. But perhaps one of the most obvious use of power through businesses is government legislations. The government uses positional power to control and possess relevant sources such as managers‚ in order to get groups
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financial instability and a highly leveraged private sector created a financial boom which finally led to the bubble and subsequently to the bust. 1. Financial instability In EU crisis and US financial crisis cases the banking sector was hit hardest and accelerated the crisis through a credit crunch and credit crisis. Whereas in the US this process was driven by a real estate boom and the issuance of complex securities (as bad assets)‚ in the EU the treasury bonds of the periphery states were playing
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INTRODUCTION OF SOFT DRINK Soft drinks consist of flavor base‚ a sweetener and carbonated water. In general‚ terms non- alcoholic drinks are considered as soft drinks. This name soft drink was given by America as against hard drink‚ which is mainly alcoholic. The major participants involve in the production and distribution of soft drinks are concentrated and syrup producers‚ bottles and retail channels. Concentrate producers manufacture basic soft drink flavors and sold them to bottles. Bottles
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It must be stressed that the power to regulate the practice of a profession or pursuit of an occupation cannot be exercised by the State in an arbitrary‚ despotic or oppressive manner. However‚ the regulating body has the right to grant or forbid such privilege in accordance with certain conditions. But like all rights and freedoms guaranteed by the Constitution‚ their exercise may be regulated pursuant to the police power of the State to safeguard health‚ morals‚ peace‚ education‚ order‚ safety
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generation. Supply of energy is‚ therefore‚ far less than actual demand‚ resultantly crisis has emerged. An energy crisis can be defined as any great bottleneck (or price rise) in the supply of energy resources to an economy. Pakistan’s energy infrastructure is not well developed‚ rather it is considered to be underdeveloped and poorly managed. Rapid demand growth‚ transmission losses due to out-dated infrastructure‚ power theft‚ and seasonal reductions in the availability of hydropower have worsened
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