Petroleum Resources and the Economy of Angola Essay

Petroleum Resources and the Economy of Angola - Essay role modelIn this literature review this issue is studied taking a look at the conflictive positions regarding the preference curse that have been taken by different researchers along the years. We have to keep in legal opinion that any kind of resource cant be a curse in itself as it is logical to assume. Everything depends on the use we give to a specific resource. In this line of thought it is obvious that ultimately the personal effect of crude crude oil resources on a nation have to be positive. Indeed they should be a conjure up rather than a curse as we will see in this literature review.Even until the mid-(1950s), blacken was still the worlds foremost fuel, but oil quickly took over. Following the 1973 energy crisis and the 1979 energy crisis, there was meaning(a) media coverage of oil supply levels. This brought to light the concern that oil is a limited resource that will eventu on the wholey run out, at least a s an economically viable energy source. (Wikipedia, 2006i).Petroleum is a finite resource, and besides this fact there are some negative environmental side effects that are valid reasons to discourage its use as the Ecology Center argue among separate grand facts about(predicate) petroleum. Lets seeNo corner of the world is left untouched by the effects of petroleum ex... Many negative effects are well documented, such as global warming, habitat destruction, and policy-making conflicts over oil supplies. But the petroleum economy extends its often hidden reach into many other aspects of life on our planet. Petroleum, used for transportation, industry, and mechanized agriculture, is the backbone of globalization. Institutions of global trade, such as the World profession Organization (WTO), work hand in hand with oil companies, while militaries provide the armed moderation to protect these interests. (Ecology Center, 2003).The position of Ocean Engineering and Energy Systems (O CEES) favors Ocean Thermal Energy Conversion (OTEC) as an alternative fuel produced by the power of the sea. OCEES supermans out the negative effects of wars as detrimental environmental consequence of the political conflicts around oil control (OCEES International, n. d.).One relevant aspect to be considered about the finiteness of petroleum resources is the oil peak established by the Hubbert Peak Theory regarding the terminal depletion of all petroleum resources. The Wikipedia states the following about the oil peak and its practical consequences. Given past oil drudgery data and barring extraneous factors such as lack of demand, the model predicts the date of maximum oil production output for an oil field, multiple oil fields, or an entire region. This maximum output point is referred to as the peak. The period after the peak is referred to as depletion. The graph of the rate of oil production for an separate oil field over time follows a bell-shaped curve first, a slow wate rtight increase of production then, a sharp increase then, a plateau (the peak) and, finally, a concentrate decline. (Wikipedia, 2006f).Even though the Hubbert Peak Theory has faced

The Strengths, Weaknesses and Uses of the Economic Value Added (EVA) Essay

The Strengths, Weaknesses and Uses of the Economic Value Added (EVA) Mode - search ExampleEconomic Value Added (EVA) EVA is a relation backly new technique of measuring pecuniary functioning of companies. This tool relies on three basic elements which are Net Operating Income adjusted after taxes (NOPAT), the coronation totality and the weighted average cost of capital (Hansen & Mowen, 1997). EVA can be calculated as EVA = subsequently tax operating income (investment in assets x weighted average cost of capital) The amount calculated downstairs EVA is an absolute dollar amount. The amount calculated can be either have a arbitrary value or can have negative value. The positive value shows that the organization has remained successful in generating more Net Operating Income After Tax (NOPAT), well covering the cost of investments that were employed. On the different hand, negative values shows organizations failure in recovering the costs of investment as its cost of inves tments exceeded the Net Operating Income After Tax (NOPAT). Obtaining the positive value of EVA is the core objective of both organization. Strengths of EVA EVA has significant strengths which have increased its popularity tremendously. In the following discussion, more attention will paid on different aspects of EVA. 1. Better Measure EVA has turned out to be a better measure in terms of performance measurement of different stakeholders in organizations. ... In order to achieve personal and singular goals, the broad objectives and goals of organization are put aside courtesy this technique. However, EVA is the technique which measures the performance of financial managers in an absolute dollar amount. This technique explains the absolute value added by the financial managers to their divisions and the organization as a whole. So the financial managers try to increase the EVA in comparison with other financial mangers to exceed the amount of EVA as overmuch as they can, this effo rt causes benefits to financial managers, their divisions and the overall organization. 2. Absolute Measure of Performance cardinal of the most promising strengths of EVA is that is explains the amount of value added by the financial managers in an absolute dollar amount. early(a) techniques such ROI measures performance in relative percentage terms which is not a true face of the performance of financial managers. The reason behind the failure of relative measures is that they do not take into news report the size of amounts on which they are based. There are likelihoods that a financial manager earning too much with a huge amount of investments behind him/her, yet he/she end with lower ROI as compared to that financial manager who is responsible for lower magnitude of amounts. As a result, the true performance cannot be reflected if relative measures are used. On the other hand, EVA exactly explains the specific dollar amount that is added to the organization as a whole. 3. Si milar to NPV This technique is very much similar to that of Net Present Value technique. In finance, the NPV technique has the importance of

IT Essay Example | Topics and Well Written Essays - 1500 words

IT - stress ExampleSeveral designs were made to increase efficiency and power of an aircraft. It gradually has transformed in to a major economic activity from a mere pleasure ride that it was when it was initially invented. This essay would seek the entire transition of aircraft, from the time it was invented to the modifications it went through and the existing challenges it is facing as a result of globalisation and other political and socio economic factors.History and Innovation It has been quite some time since man flew for the truly first time (in the year 1903). What an eventful journey it has been Man had always wanted to fly and he made numerous attempts to achieve this objective. Alas All his attempts went into vain, until one day when two brothers had actually gain a prototype that could actually fly.The Wright brothers (Oliver Wright and Wilbur Right) observed the flight pattern of birds and they concluded that the air flowing everyplace the surface of the wing cr eated lift (Bernoullis Principle), and this helped the birds to fly. Now, if birds could fly, so could a structure that quite resembled a bird. This is how the initial work started. However, the only problem that posed a hindrance was bindling the structure. There were problems pertaining to conveyance direction (left and right) and (up and down) to the aircraft. There were quite a few people who tried designing a base to this particular problem. But the Wright brothers came up with an idea that was known as Wing-Warping. (Claxton, 2007 Pg. 97-100)The design was based on the conjecture that if one wanted to navigate the aircraft towards the left the wings had to be warped or twisted to create a slightly greater lift on the right wing. Similarly, when one had to turn right, the left wings could be warped. The brothers managed to devise something that is called the 3 axis control. The concept of 3 axis control is still being used in the modern day

Poor Drug Compliance and Education to Asthma Patients Essay

Poor Drug Compliance and Education to Asthma Patients - taste ExampleUnintentional non-compliance results when the patient lacks understanding on doctors prescription due to factors much(prenominal) as illiteracy, language barrier, or forgetfulness. Intentional non-compliance results due to patients choice to ignore the medication for personal reasons or fear of side effects of the drugs. Heath cargon teams much(prenominal) as nurses and doctors provide play a major role in enhancing medical adherence. This ignore be through reviewing the compliance of patients to the medications, identifying, and dealing with the reasons do-nothing patients noncompliance. Background Asthma is a chronic respiratory distemper, which is triggered by allergens such as tobacco smoke, rapid weather changes, and infections. Asthma is characterized by attacks of inflammation and narrowing of teensy airways when asthmatic persons are exposed to the trigger factors. Asthma attacks muckle be low or sprightliness threatening. Asthma symptoms include shortness of breath, wheezing or panting, chest pain, as well as spit up (Axelsson & Lotvall, 2012). Good compliance with medical regimes is a main factor to prevent these symptoms. There is no remediation for asthma, but there are medicine used for Asthma management that enables patients live a expression life. There are several medications options and guidelines to treat asthma and help to diagnose and manage the chronic disease that has been established (McDonald, 2002).Management entails reducing exposure to allergens or asthma triggers and use of medications prescribed by physician. Medications can be either quick relief, which are used in treating acute signs while long-term medications are used to control aggravation of the condition. The drugs are administered as metered-dose inhales but are sometimes available as dry powder taken by inhalation. These drugs have side effects such as mild regressions. For emergency attacks , other options such as magnesium sulphate and heliox are used (Barnes, Peter, & Godfrey, 2000). Literature look into Strategy Review on asthma drug noncompliance is significant since there has been increase in the number of noncompliant asthma patients. This has hindered realization of the benefits of using asthma drugs. It is thus important to understand the reasons behind the noncompliance as well as the importance of educating asthma patients on the importance of adhering to prescriptions (McDonald, 2002). Information on the take aim of drug noncompliance can be published in Cinahl, ProQuest, Medline, and Cochrane databases of systematic reviews. Medline has a simplified index on its journals thus this review would be more widely available if published in any of the Medline Journals such as the journal of American Medical Association. This is because the websites deal with medical related journals such as diseases. The searching keys words that can be used to find information on asthma include respiratory disease, Asthma, inhalation drug therapy, drug compliance, patient education. Information on asthma can also be obtained from online websites.Coming up with a review entails finding details on the level of noncompliance, reasons behind noncompliance and how the come on can be resolved (Barnes, Peter, & Godfrey, 2000). Interventions to Reduce Drug Noncompliance The issue of drug non-compliance among asthma patients is very common and requires to be addressed. The issue should be published to help part the reasons why most asthma patients do not comply to doctors prescriptions.

Labor Economics Essay Example | Topics and Well Written Essays - 1000 words - 1

Labor Economics - demonstrate ExampleWhile I hope to make a career of this work, I realize that closely professional employees change jobs several times during their careers, so that it might be unrealistic to plan on remaining with my first employer for my entire career. However, the important thing is to be loyal to my employer for as long as I am there, Because that is what is expected of an employee and is what the employer deserves. If I am happy in my job and am set well, I would like to remain at the compevery for most or all of my career. Some indicators of being treated well would be regular pay and benefit increases, increased job responsibilities, and full and unclouded consideration for promotions. After several years with that employer, I should be able to judge if this is the firm with which I would want to remain, or if I should begin searching for a sore employer. Should I decide to get out this first company, it would be important to give adequate notice and f ulfill all responsibilities including those of a departing employee. In order to prepare myself for a long-term career over the next thirty to forty years, I plan on keeping up with developments in my field with several forms of further education. Changes in information technology and in the field of security have become faster and faster, so that I would have to keep up in order to avoid my skills becoming obsolete. Further college education would be available both in person and on line, and there are continuous training seminars and similar opportunities which I would pursue. 2 Retirement will depend on my earnings during my working career, the retirementbenefits available through my employment, and my ability and willingness to save andinvest for that retirement. There is always a trade-off between present enjoyment ofones income and saving(a) for the future. I would hope to be able to make the maximumcontri scarceions from my income to a sound private retirement plan, but it will also beimportant for me to choose an employer offering a good retirement program. Someemployers have been cutting bandaging on their own retirement contributions, so I wouldlook at the history of any employer whom I am considering to see if such cutbacks haveoccurred or are likely now. I would like to retire around the come along of sixty if possible, tohave some years to enjoy the benefits of my advance planning and the savings andinvestments I have accumulated.2. check to Economics by McConnell and Brue, 16th Edition, McGraw Hill Irwin,Chapter 8, the major types of unemployment are frictional, seasonal, cyclical, andstructural. frictional unemployment is normal in any free society, as it comes from people exercising their right to change jobs so as to better themselves. Frictional unemployment also covers people who are temporarily out of work due to moving to a new location, experiencing some kind of personal or family problem, and so on. Seasonal unemployment occurs in j obs such as twisting which cannot be done during the entire year. Often, the wages paid in such jobs are above the plebeian level in order to compensate for the period of unemployment. Other seasonal types of jobs might be life buoy at a beach or instructor at a ski resort, and similar situations.