Thursday, November 28, 2019

7 Ways to Beat Writers Block

7 Ways to Beat Writers Block 7 Ways to Beat Writers Block 7 Ways to Beat Writers Block By Michael Every writer, at times, has trouble thinking of what to say next. Or what to say at all. The cause may be fear, pressure, perfectionism, but often lack of inspiration. No doubt even Mesopotamian scribes of five thousand years ago hesitated before putting stylus to tablet. We’ve written about writer’s block several times over the years, and here are seven practical suggestions to ease the symptoms of writer’s block. 1. Give yourself something to edit Seeing all my mistakes motivates me to change them. So why not leave your rough drafts rough? Dont proofread as you write. Leave out words (I, you, he, she, they, a and the) that may help you write faster. Abbreviate freely. Later, fixing these little things gets me into an mood for work, and I end up fixing the big things too. Correct spelling, neat handwriting or accurate spellchecking is only necessary to make sure you can later recognize what you wrote. Getting close may be okay. I’ve typed usable prose in the dark. When Ive seen rough drafts of famous literature, I marvel at how rough they were. 2. Get a running start As you work on your book, to make it easier to get started again, reread or even retype what you wrote last time. With my first novel, I allowed myself some light editing of what I had already written, before charging into the new days writing. That may not work for everyone. Many writers prime the pump by doing free writing putting down anything that comes into their heads. You could start by copying out a paragraph from an author you admire. Or type a common proverb over and over, such as All work and no play makes Jack a dull boy. On second thought, dont do that. 3. Choose your stopping points Stop when you know what you will say next, not when you dont. That is, dont finish your scene before stopping for the night; leave it ready to finish the next day. Yes, this seems counter-intuitive, stopping the flow of words to keep the words from stopping. But this way you can choose your own stopping point instead of letting circumstances (or bedtime) choose one for you. Youre stopping at a point from which its easy to start again. For example, if youre Jane Austen writing Pride and Prejudice, as soon as your heroine finds out who broke her sisters heart (because the man tells her it was him), that’s a good place to call it a night. In tomorrow’s writing session, Miss Bennet will tell Mr. Darcy exactly what she thinks of him, and writing the rest of that scene will be a breeze. 4. Write super-slow Writing slowly is the normal way to write, so if you get used to it, you wont stress about it. Everybody thinks faster than they can verbalize. A professional speaker might give a memorized speech at 9,000 words an hour, but a professional writer can’t memorize anything because they haven’t written it yet. They might write 1,000 words an hour, less than one word in three seconds. Even dictating one word a second sounds embarrassingly slow to someone who isnt used to it. Great writers get used to it. Imagine Charles Dickens as he begins writing A Tale of Two Cities sometime between 9 a.m. and 2 p.m. one day: It was the best of times, it was the worst of times.. (long pause) it was the age of (pause) something (pause) wisdom, it was the age of (pause) something something (long pause) foolishness It sounds a lot better without the pauses, but I don’t think Dickens could have written without any. Dickens was sharp, but not superhuman. He was a phenomenally successful public speaker, but he spoke smoothly only because he carefully prepared his speeches. With a pen. He couldn’t write his first draft as smoothly. Even a skilled public speaker doesnt speak without pauses, so why should a writer feel ashamed of pauses? 5. Write super-fast On the other hand, you might try to write at the speed of your thought. Writing fast lets unexpected thoughts slip in. You will lose fewer of those good thoughts that flee away before you can write them down. When the thoughts come more slowly, that is less of a problem. When the thoughts come more quickly, you may find your fingers cant keep up with them. Above all, if you find your train of thought derailed by your internal editor, dont let it win. Simply refuse to edit until you’ve finished writing. One helpful technique: never hit the backspace key more than once. Tell your internal editor that at this point, if you want editing or proofreading, one backspace is all you get. Another helpful technique: never hit the backspace key at all. 6. Mix it up Changing around the elements of your story, making them fresh, will often spark inspiration. We wrote about one way to do that the SCAMPER method, which stand for Substitute, Combine, Adapt, Magnify, Put to Other Uses, Eliminate, and Reverse but there are many others. Changing up your approach to your writing will benefit more than yourself. Readability experts such as Rudolph Flesch have discovered that readability goes up any time a writer uses an unexpected word, such as chicken in an astronomy article, or cucumber in a web design article, or any time a writer uses quotation marks anywhere. 7. Recharge your batteries One way to break your writers block is to change your routine. Research shows that you can increase your creativity simply by using your less-dominant hand occasionally. So spend some time away from writing. Spend time reading. Read something outside your field. Work outside your field (or work in a field, if you never have). Pray or meditate. Visit another part of the world. Chop wood. Talk to a a child. You’re a writer, yes, but you’re not only a writer. Becoming a fuller human being will make you a fuller writer, and writers block may become less of a problem. 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 Writing Basics category, check our popular posts, or choose a related post below:Definitely use "the" or "a"Hyper and HypoEspecially vs. Specially

Monday, November 25, 2019

Definition and Examples of Aspect in English Grammar

Definition and Examples of Aspect in English Grammar In English grammar, aspect is a verb form (or category) that indicates time-related characteristics, such as the completion, duration, or repetition of an action. (Compare and contrast with tense.) When used as an adjective, its  aspectual. The word comes from Latin, meaning how [something] looks The two primary aspects in English are the perfect (sometimes called perfective) and the progressive (also known as the continuous form). As illustrated below, these two aspects may be combined to form the perfect progressive. In English, aspect is expressed by means of particles, separate verbs, and verb phrases. Examples and Observations Perfect AspectThe perfect aspect describes events occurring in the past but linked to a later time, usually the present. The perfect aspect is formed with has, have, or had the past participle. It occurs in two forms:​ Perfect Aspect, Present Tense:History has remembered the kings and warriors, because they destroyed; art has remembered the people, because they created.(William Morris, The Water of the Wondrous Isles, 1897)​ Perfect Aspect, Past Tense:At fifteen life had taught me undeniably that surrender, in its place, was as honorable as resistance, especially if one had no choice. (Maya Angelou, I Know Why the Caged Bird Sings, 1969) Progressive AspectThe progressive aspect usually describes an event that takes place during a limited time period. The progressive aspect is made up of a form of be the -ing form of the main verb.​ Progressive Aspect, Present Tense:Shes loyal and is trying to wear her thin flippy hair in cornrows.(Carolyn Ferrell, Proper Library, 1994) Progressive Aspect, Past Tense:I was reading the dictionary. I thought it was a poem about everything. (Steven Wright) The Difference Between Tense and AspectTraditionally . . . both aspects [perfect and progressive] are treated as part of the tense system in English, and mention is made of tenses such as the present progressive (e.g. We are waiting), the present perfect progressive (e.g. We have been waiting), and the past perfect progressive (e.g. We had been waiting), with the latter two combining two aspects. There is a distinction to be made, however, between tense and aspect. Tense is concerned with how time is encoded in the grammar of English, and is often based on morphological form (e.g. write, writes, wrote); aspect is concerned with the unfolding of a situation, and in English is a matter of syntax, using the verb be to form the progressive, and the verb have to form the perfect. For this reason combinations like those above are nowadays referred to as constructions (e.g. the progressive construction, the present perfect progressive construction). (Bas Aarts, Sylvia Chalker, and Edmund Weiner, Oxford Dictionary of English Grammar, 2nd ed. Oxford University Press, 2014) present perfect progressive: God knows how long Ive been doing it. Have I been talking out loud? past perfect progressive: He had been keeping it in a safety deposit box at the Bank of America. For months she had been waiting for that particular corner location. Present Perfect Progressive and Past Perfect ProgressiveThe perfect aspect most often describes events or states taking place during a preceding time. The progressive aspect describes an event or state of affairs in progress or continuing. Perfect and progressive aspect can be combined with either present or past tense...Verb phrases can be marked for both aspects (perfect and progressive) at the same time: The perfect progressive aspect is rare, occurring usually in the past tense in fiction. It combines the meaning of the perfect and the progressive, referring to a past situation or activity that was in progress for a period of time. (Douglas Biber, Susan Conrad, and Geoffrey Leech, Longman Student Grammar of Spoken and Written English. Longman, 2002)

Thursday, November 21, 2019

A Womans place is in the home Essay Example | Topics and Well Written Essays - 4000 words

A Womans place is in the home - Essay Example Strober’s theory lays the ultimate blame for occupational segregation on the patriarchal system in which men enjoy women’s sexual, child rearing, and domestic services in the household. The immediate blame for occupational sex segregation, however, is laid on employers, most of whom are men. In Strobel's analysis, she states that â€Å"employers basically strive towards two goals (1) profit maximization (wherein if they employ a woman, they will almost invariably pay her less than a male) and (2) enforcing the economic dependency of women on men. The latter is of interest to male employers because it provides the material for the patriarchal system i.e., it forces women to become dependent wives and mothers (employers are said to worry about maintaining women’s dependency on men in social classes other than their own because threats to patriarchy in the working class may lead to threats to patriarchy within management or capitalist class (Blau 1977). Stroberâ₠¬â„¢s theory suggests that women in this society are without question economically disadvantaged compared with men, and this situation is hardly an accident of history or nature. There is obvious ideological (Williams et al 1982) legal (Kanowitz 1969) and informal mechanisms (Bernard, 19/1:88-102).Women’s jobs are not as important as men’s jobsThe notion of perpetual equilibrium sheds some light on this issue.Workers become qualified by making some type of investment in themselves where the decision to invest depends on the gain from qualifying.... sex segregation in an economy that in many other ways may operate according to neo- classical market principles. Strober's theory lays the ultimate blame for occupational segregation on the patriarchal system in which men enjoy women's sexual, child rearing, and domestic services in the household. The immediate blame for occupational sex segregation, however, is laid on employers, most of whom are men. In Strober's analysis she states that, "employers basically strive towards two goals (1) profit maximization (wherein if they employ a woman, they will almost invariably pay her less than a male) and (2)enforcing the economic dependency of women on men. The latter is of interest to male employers because it provides the material for the patriarchal system i.e., it forces women to become dependent wives and mothers(employers are said to worry about maintaining women's dependency on men in social classes other than their own because threats to patriarchy in the working class may lead to threats to patriarchy within management or capitalist class(Blau 1977). Strober's theory suggest that women in this society are without question economically disadvantaged compared with men, and this situation is hardly an accident of history or nature. There are obvious ideological (Williams et al 1982) legal (Kanowitz 1969) and informal mechanisms (Bernard, 19/1:88-102). Women's jobs are not as important as men's jobs The notion of perpetual equilibrium sheds some light on this issue.Workers become3 qualified by making some type of

Wednesday, November 20, 2019

Mrs. Dalloway and Hamlet Essay Example | Topics and Well Written Essays - 750 words

Mrs. Dalloway and Hamlet - Essay Example The novel depicts the velocity of human mind and many thousands of the thoughts confined in the conscious and sub-conscious of human brain. In addition, it also indicates the novelist’s command over human nature, psychology, disposition, needs, desires and unfulfilled wishes as well. The first chapter of the novel begins with the traveling of the protagonist Clarissa Dalloway, a middle-aged lady of fifty-one years, has been living in Westminster for over last twenty years, visiting market in the morning in order to buy flowers for the party has been arranged at her house by the evening of the same day. Every incident and happening like the small articles, sound of airplane, crowd’s noise and sight of flowers—all make Mrs. Dalloway tick within the spur of the moment. She discovers the morning as cool, calm, fresh, fragrant and gorgeous one, ‘as if issued to children on a beach’. The idea of freshness takes her thirty-three years back, when she was a young damsel of eighteen years with lofty vigor, awesome enthusiasm and emancipated sentiments rising in her heart and mind like the restless tides of ocean. What the marvelous feelings those were, when she used to stand by a window wide open to reveal the wonderful panorama of flowers, bree ze as well as delights of dawn. The past memories, related to her young life are very important to Mrs. Dalloway, which make her day and bring smiles in her imagination. Her thoughts jump from one idea to another and take no time in reminding Mrs. Dalloway her childhood friend and lover, Peter Walsh, whose marriage proposal was turned down by her. Peter Walsh used to interrupt her in her imagination by commenting â€Å"â€Å"Musing among the vegetables?† The memories of childhood, and the personality affiliated with it, made her thoughts both sweet and sour, and she remembered even trivial things Peter Walsh possessed including his smiles, pocket knife, his eyes and many

Monday, November 18, 2019

Economic Crisis in Argentina Essay Example | Topics and Well Written Essays - 1500 words

Economic Crisis in Argentina - Essay Example The government’s policies largely focused on addressing the human rights issues and ensuring independence of judiciary thereby strengthening the democratic process. These policies were very effective in increasing Alfonsin’s popularity. However, when the independent judiciary started to hinder the new government’s objectives, government abandoned the policy of judicial independence by promulgating laws such as ‘Full Stop Law’ and ‘Due Obedience Law’ (Tedesco, 2002, p. 472). These policies greatly decreased the popularity of government and provoked military rebellion, guerilla attacks and labour conflicts thereby weakening the government (Tedesco, 2002, p. 473). Hence, the increased confrontation between the labour class and government resulted in a failure of economic policy. Carlos Menem succeeded Alfonsin as president of the Latin American Republic. Menem tried to bring about a consensus between the labour class and the ruling elite an d was somewhat successful. However, he used the power earned from the political consensus to establish a hegemonic rule over the country. He restructured ‘the supreme court of justice’ and inducted his supporters and close aides as judges at the highest level. Similarly, the accountability courts or ‘the Tribunal de Cuentas’ was reformed with government friendly judges. These policies encouraged large-scale corruption by government officials. This resulted in a large scale economic unrest (Tedesco, 2002, p. 476). Different economic factors paved way to the grave economic crisis of Argentina. Alfonsin inherited a country with severe economic issues to be resolved. The government introduced a series of economic reforms including...This essay is one of the best examples of thorough retrospective analysis of the origin, transmission and cessation of the economic crisis in Argentina, with focus on the economic policies, that led to the overcoming of the crisis. The shift from dictatorship to ‘real’ democracy did not yield the anticipated results. Carlos Menen, the Argentinean President from 1989 to 1999, introduced reforms that proved catastrophic for the economy. His policy of privatizing the government owned corporations and encouraging foreign investment in banking and other sectors back-fired. Huge amount of funds were transferred overnight out of the country decreasing substantially the country’s foreign reserves. The government froze all the foreign currency accounts. But this move angered the country’s wealthy middle class. They deemed it as a violation of basic human rights and a pro-elitist policy Different economic factors paved way to the economic crisis of Argentina. The government introduced a series of economic reforms including introducing a new currency. The government has to take huge loans to support this move but could not pay the interest. This decreased the confidence in new currency. The economic bail-out packages offered by international monetary organizations contributed a little towards containing the situation. It was the people’s spirit and its recognition on the part of government that finally led Argentina out of the crisis. The country needs a political culture which strengthens democratic institutions.

Friday, November 15, 2019

Economic Analysis Of The Jamaican Economy Economics Essay

Economic Analysis Of The Jamaican Economy Economics Essay Economic growth  is a term generally measured by the amount of production in a country or region over a certain period of time. It can also be described as the increase of per capita  gross domestic product  (GDP) or other measures of aggregate income, typically reported as the annual rate of change in real GDP. Economic growth is primarily driven by improvements in  productivity, which involves producing more goods and services with the same inputs of labour, capital, energy and materials. For the purpose of this project we will be concentrating on economic growth in the long run FY 2012-2014. Jamaicas economy faces major long-term problems: a significant merchandise trade (imports and exports) deficit, large-scale unemployment and underemployment, and a public debt-to-Gross Domestic Product (GDP) ratio of almost 130 per cent. Jamaicas onerous public debt burden the fourth highest per capita is the result of government bailouts to ailing sectors of its economy, most notably the financial sector in the mid-to-late 1990s, and hinders government spending on infrastructure and facilities and social programs as public debt servicing accounts for nearly half of government costs. Inflation rates rose noticeably in 2008 and have kept on increasing as a result of high prices or pricing for imported food stuffs and oil and gas. High unemployment continues to aggravate the major problem of crime and violence, which includes the gang violence that is fuelled by the drug trade (imports and exports). The Golding led government faces the difficult prospect of having to achieve financial discipline in order to sustain public debt repayments while simultaneously attacking a major and expanding crime problem that is hampering growth of the economy.   The Jamaican Economy has faced many economic challenges over the pass years especially during the recent recession period. The economy is still recovering from the direct hit which the country sustained in 2009 where exports and capital inflows weakened leading to negative growth. A steep depreciation of the nominal exchange rate has raised the cost of servicing variable rate debt, as well as the cost of rolling over existing loans. Amid volatility, macroeconomic policy remained tight despite the downturn. For the Bank of Jamaica (BOJ), defending the currency had to take precedence over inflation targeting and stimulating GDP growth. Such global crisis has also negatively affected the fiscal accounts, with lower revenue and a significantly higher interest bill. The government implemented a new Debt Management Initiative, the Jamaica Debt Exchange (JDX) on January 14, 2010 to control future economic downturns, which they had experienced in past years (2007 to 2009), which had resulted in a negative growth period for the country. The initiative would see holders of Government of Jamaica (GOJ) bonds returning the high interest earning instruments for bonds with lower yields and longer maturities. The offer was taken up by over 95% of local financial institutions and was deemed a success by the government. The economic situation of Jamaica has worsened considerably, with the ongoing world financial crisis which has had devastating effects on the economy. The mining sector has been the hardest hit, while tourism and remittances flows have been on the decline. Most foreign exchange comes from remittances, tourism, and bauxite. Remittances account for nearly 20% of GDP roughly equivalent to tourism revenues. Three of Jamaicas four bauxite firms suspended operations in 2009 due to falling demand amid the global economic downturn. The country will continue to lose valuable resources from its exports in 2012-2014 while these firms are out of operation. This decline in remittances, and a contraction of consumer demand led to a deep recession with stubbornly high unemployment and underemployment. With such hardship the government of Jamaica had no choice but to turn to the International Monetary Fund (IMF), a multilateral lending agency. The government of Jamaica, with help from multilateral bodies, is resolved to addressing the nations challenges more effectively, thereby creating a sustainable growth path for increased foreign investments in the new decade. On the 4th of February 2010 the International Monetary Fund (IMF) approved a US$1.27 billion Stand-By Facility loan agreement for a period of 3 years to underpin structural reforms and help Jamaica to withstand spill-overs of global financial storms that impacted main revenue streams. The IMF noted: The government has successfully completed a domestic debt exchange operation, which has contributed to a more equitable sharing of the burden of the overall fiscal adjustment. The exchange has also struck an appropriate balance in terms of delivering necessary cash flow savings while taking appropriate account of the need to ensure financial sector stability which should continue for the FY2012-2014. With such great assistance from the IMF, the government believes The upgrade sends a significant signal to international and local investors and will help in reinforcing confidence in the market for Jamaicas debt. This first step in the recovery of Jamaicas ratings reflects the governments aggressive policy actions as put forward in the economic programme, and the positive impact and success of the JDX. Economic outlook The launch of the Jamaica Debt Exchange Offer (JDX) in early 2010 has been seen as a positive step in the right direction, and the appreciation of the Jamaican dollar since it hit a low of J$89.73 in February 2010 has been slight but steady. The government has begun implementing much needed structural reforms, which should improve the fiscal balance by over 5% of GDP in FY 2010-2014 and onwards. Among them, a debt-swapping plan aimed at achieving interest savings of about 3% of GDP and two-thirds reduction in the amount of maturing debt over the next three years has been successfully implemented, with an acceptance level of almost 97% of bondholders. Governor of the Bank of Jamaica, Wynter B. (2010), stated that The exceptionally high participation rate in the exchange makes the Jamaica Debt Exchange one of the most successful debt exchanges in the world. The JDX replaces 350 high priced government domestic bonds with 24 new bonds, priced at a lower (12.5%) interest rate with longer maturities, providing annual savings of J$40bn. The Governor further stated that Additionally, the magnitude of maturing debt is expected to decline by 65 percent over the next three years, and the significant reduction in the governments refinancing needs will ease the crowding-out effect of the government debt and the upward pressure that this would have placed on domestic rates. Jamaicas four-year programme for the financial year 2010-2014 focuses on four key objectives: To strengthen government finances by reforming public enterprises and passing a new fiscal responsibility law. Reforms of the financial sector to reduce systemic risks and enhance the countrys capacity to better withstand external shocks. A pro-active debt management strategy to eliminate debt overhang and reduce debt servicing costs. Jamaica spends J$182bn (US$2.1bn) on annual interest payments, which in turn, crowd out capital expenditures. Make the tax structure more efficient, whilst improving tax collection and administration. That would increase resources for targeted social projects. Despite the launch of the Jamaica Debt Exchange Offer (JDX), this has been seen by analysiss as a positive step in the right direction, and with the marginal appreciation of the Jamaican dollar in February 2010. The tourism sector, which comprises a sizable chunk of Jamaicas economy, was badly hit by the global economic crisis, but a marginally more favourable crime rate as well as new marketing strategies being developed by the Jamaica Ministry of Tourism and their counterpart throughout the Caribbean region bodes well for the industrys slow recovery over next five years. The IMF however is saying that they dont foresee Jamaica changing its growth patterns in the near future, stated Charles Ross. The debt has itself become an obstacle for growth because the country has to allocate so much of government resources into servicing the debt that very little is left for public investment in infrastructure that would facilitate growth. The island of Jamaica however has proven itself resilient by surviving the steepest contraction in world trade since the 1930s, and its macroeconomic fundamentals are slowly but surely improving. The government of Jamaica, with help from multilateral bodies, is resolved to addressing the nations challenges more effectively, thereby creating a sustainable growth path for increased foreign investments in the new decade. The 2010/11 budget provides for increased social spending while reducing recurrent expenditures. Fitch, the European rating agency, upgraded Jamaicas long-term local and foreign currency Issuer Default ratings to B- (with stable outlook). Also, Standard Poors and Moodys have upgraded Jamaicas sovereign ratings, reflecting strong commitment to tackling fiscal imbalance and the successful outcome of the Debt Exchange (JDX) programme. The government believes The upgrade sends a significant signal to international and local investors and will help in reinforcing confidence in the market for Jamaicas debt. This first step in the recovery of Jamaicas ratings reflects the governments aggressive policy actions as put forward in the economic programme, and the positive impact and success of the JDX. Economic theory suggests that sustainable increases in real income must be based on increases in productivity. Productivity may be defined as the amount of output produced (in terms of goods or services) per unit input used. Commonly applied measures include labour productivity as output per worker or output per labour-hour, and total productivity as output relative to all inputs used. Both measures have been used in recent years to explore the dynamics of Jamaicas economic performance. Jamaica continues to rank favourably on a number of indices of competitiveness and business climate. The 2010 Index of Economic Freedom, published by the Heritage Foundation (US), ranks it the 57th freest market of 179 countries, surpassing established EU members such as Portugal, France, Poland, Greece and Italy. The country has a track record of implementing micro-reforms that help encourage private enterprise and foreign direct investment (FDI). Reforms of trade regime and tax administration for the upcoming period 2011- 2014 should improve Jamaicas global ranking in the future business indicators. This reform is aimed at reducing tariffs, import fees and some import/export bans and the latter is geared toward simplifying tax payment procedures. Jamaicas relatively flexible labour regulations could be further improved to increase job creation and productivity growth in coming years Dr Williams D. (2010) of the University of the West Indies. The government aims to boost the export sectors contribution to GDP from its current one-fifth to one-third by 2013 through expanding volumes and higher value addition in priority sectors as well as seeking new markets, thereby reducing over-reliance on North America, which in 2008 accounted for 50% of Jamaicas exports. The latest projections by international financial institutions (IFIs) show the economy stabilizing in FY 2010/11 and thereafter (2012-2014). Output is expected to grow at 2%, with inflation abating to 6%. Higher Foreign Direct Investment (FDI) in mining, tourism and other sectors will increase imports. However, continued FDI and gradually rising foreign exchange reserves (forex reserves) should offset the impact of current account deficit on the balance of payments. The IMF envisages the external deficit falling to 5% of GDP over the medium-term. The currencys depreciation in real effective terms has improved the competitiveness of exports both visible and invisible (i.e. services). The government aims to cut the budget deficit by half by 2014/15, whilst reducing the net public debt to GDP ratio. In short, Jamaica is putting its house in order. The countrys first long-term development plan Vision 2030 Jamaica (launched in 2008) inspires to attain developed country status by focusing on four core areas: a vibrant macro-economy; effective governance; world class education and training (especially science/technology); and greater security and safety. Jamaica has a realistic chance of achieving its national goals by 2030. However for the period 2012-2014 the three industries which are expected to perform well are the financial sector, the tourism industry and the Manufacturing industry. Industry Analysis Financial Sector The financial services industry in Jamaica consists of commercial banks, merchant and trust banks, credit unions, building societies and licensees under the Financial Institutions Act as well as non-deposit taking institutions including insurance companies, development banks and securities dealers. In 2008 there were 129 licensed financial institutions in Jamaica including 7 commercial banks, 46 credit unions, 17 insurance companies and 48 securities dealers, as well as 4 building societies, 3 FIA institutions and 4 development banks. Consistent with the current trend in developing countries, there are also a large number of foreign exchange Cambios, remittance and money transfer companies and bill payment companies that facilitate transactions between the domestic and international markets. There has been a reduction in the total number of institutions operating in the financial sector over the past decade, from 189 in 1996 to 129 in 2008. The lower numbers reflect closures, mergers and downsizing, with the effect of the most efficient institutions emerging. Commercial banks are the largest sub-group within the financial sector. In 2008, assets of commercial banks accounted for approximately 76.0 per cent of total assets of the financial system, with Building Societies at 19.0 per cent and FIAs at 5.0 per cent. The Financial Services Commission (FSC) was established in 2001 and there were several substantial amendments to the Bank of Jamaica Act, Banking Act, Money Laundering Act and Financial Institutions Act. The regulatory framework for the supervision of pension funds and credit unions also has been strengthened. The Jamaica Deposit Insurance Corporation (JDIC) was incorporated in August 1998 to provide insurance against the risk of loss of deposits held in insured financial institutions. The JDIC receives premiums from insured financial institutions at a rate of 0.15% of their total insurable deposits and the funds are invested to build the Deposit Insurance Fund. After such severe restructuring the financial sector regained some buoyancy which has seen its share of GDP climb to 10.8% to GDP in 2008 and the total assets of deposit-taking institutions in the financial sector increase from J$238.9 billion in 1999 to J$715.8 billion in 2008. However, much of this financial activity has been fuelled by the explosion of domestic debt, which also has seen the increased growth of the Jamaican money market as an intermediary between individual holders of capital and the government securities market (approximately half of the dealers funds under management are with retail clients). This has reduced the ability of the sector to provide the capital needed by the private sector for productive investments. As the sector restructures and the market becomes more competitive, financial institutions continue to refocus their attention to their core functions, as evidenced by increased loans to the productive sectors. Jamaica has considerably strengthened financial system oversight following a costly financial crisis in 1996-97. The financial system is deep and well-developed, the regulatory framework has in many respects been brought into line with best international practices, and supervision appears to be implemented in a systematic and professional manner. Remaining regulatory gaps and weaknesses in the financial infrastructure are well recognized by the authorities, who have implemented important reforms. Regulatory capital has also increased in most financial institutions to levels that permit a reasonable degree of resilience against macroeconomic shocks. However, data limitations prevented a full system-wide quantitative analysis of risks. During 2000-2008 the total stock of loans and advances increased by 587 percent and 308 percent, for commercial banks and FIA institutions, respectively. However, the volume of government debt held by these institutions decreased. The Bank of Jamaica and the Financial Services Commission continued to strengthen their respective regulatory framework in order to maintain stability within the industry and to conform to new developments in international standards. As at 31 March 2009, the seven commercial banks and two merchant banks (at the time) had total assets of J$582,515,204 billion with liabilities of J$516,216,670 billion resulting in total capital of J$35.649 billion. Manufacturing Sector The Manufacturing Sector represents a critical component of the economies of many developing countries including Jamaica. Jamaicas manufacturing sector is diverse and modern. Products encapsulated under this sectors activities are: beverages, processed foods, chemicals, plastics, cosmetics, pharmaceuticals, nutraceuticals and apparel. The island also produces spices and condiments, canned ackee and callaloo, as well as natural juices, soft drinks, beer, wines, spirits, and liqueurs. The manufacturing sector accounts for 12.8% of GDP per annum, employs approximately 7% of the labour force and is second in terms of sector contribution to real GDP. Jamaicas manufacturing sector grew during 2007 and contributed approximately 12.6% to total GDP, with total revenues exceeding US$700mn. Manufactured exports grew by 7.3% in 2007 to US$705.8 million, a reflection of higher export earnings from both non-traditional and traditional manufactured products; and  total investment in the manufacturing sector facilitated by Jamaica Trade and Invest amounted to J$3.6 billion during 2007. These investments spanned several sub-sectors including agro-processing, plastics, petrochemicals and cement. The petrochemical sub-sector was positively impacted by the development of an ethanol dehydration facility at Port Esquivel, St. Catherine. Further expansion also took place in the plastics sub-sector and in the cement sub-sector through modernization and upgrading of clinker and cement production facilities.  However, this overall picture of growth during 2007 was complemented by the Governments focus on increasing productivity in order to impact growth. Government implemented programmes that facilitated international competitiveness included worker skills training, technology upgrading, research and development, the Private Sector Development Programme (PSDP) and the Quality Jamaica Project, which includes training in Hazard Analysis Critical Control Point (HACCP). Manufactured exports represent approximately 12.6% of GDP in 2007, while the sector employs about 6.1% of the total labour force. Exports grew by 7.3% in 2007 to US$705.8 million, a reflection of higher export earnings from both non-traditional and traditional manufactured products. The global economic crisis in the last quarter of 2008, spurred by the financial collapse in the United States emerged, which had implications for the productive sector. Devaluation of the dollar, high interest rates, reduced domestic and export sales, credit crunch, high inflation, soaring oil prices, and skyrocketing input costs of raw material were some of the challenges experienced in the face of the world financial crisis. For the year 2008, the Jamaican economy contracted by an estimated 0.6%. Real Gross Domestic Product (GDP) for the Goods Producing Sectors contracted by 3.0%, while the Services Sectors grew by 0.3%. The performance of the economy was adversely affected by the sharp rise in commodity prices, the subsequent decrease in commodity prices due to the global financial crisis, decline in external demand for Jamaican goods and services, sharp decline in the availability of capital for fiscal budgetary support and private sector investment as well as the lingering effects of hurricane Dean and tropical storm Gustav. The sector contributed 8.5% to GDP and the total employed labour force grew by 3.5% to 80,100 persons. For the period, total manufactured exports also increased amounting to US$1,224.75 million, an increase of 37.5%. This was attributable mainly to increased export earnings from Non-traditional Exports of US$1,094.7 million. However, the sector declined by 1.2% due to a challenging environment and the global financial crisis which contracted the performance of the Food, Beverage and Tobacco and Other Manufacturing components of the industry by 2.4% and 0.2%, respectively. Tourism Industry Jamaicas economy relies heavily on tourism, which has become the countrys largest source of foreign exchange. Most tourists remain on the island for several days or weeks, although increasing numbers disembark only briefly from cruise ships at Ocho Rios, Montego Bay and the newly renovated and opened Falmouth Pier. These and other towns on the northern coast, as well as Kingston, are the tourist sectors main bases of activity. Jamaica is famous for its pleasant climate, fine beaches, and superb scenery, including the waters of Montego Bay and the majestic Blue Mountains. Industry Performance The tourism industry has shown strong and sustained growth since Independence. The total number of visitor arrivals to Jamaica has grown from some 271,692 in 1962 and 670,202 visitor arrivals in 1982 to a total of 2,860,544 visitor arrivals in 2008, an annual increase of 5.3% over the 46 year period. The island saw a record 3,016,898 visitors in 2006. The islands tourism accommodation stock increased from 10,327 rooms in 1982 to 29,794 rooms in 2008, while total receipts from tourists grew from US$337.8 million in 1982 to US$1,975.5 million in 2008. The development of the tourism sector over this period has seen an increase in the relative importance of cruise passenger arrivals which grew from 29% of total visitor arrivals in 1982 to 38 % of total arrivals in 2008. There also has been the emergence of globally competitive Jamaican-owned all inclusive hotel chains such as Sandals, SuperClubs and Couples, and the diversification of tourism markets including growth in arrivals from the United Kingdom, Europe and the Caribbean in addition to the traditional North American markets. As one of the best-known island destinations, Jamaica enjoys significant competitive advantages in Tourism and Travel Services. Based on its strong brand image, an appealing natural environment and human and cultural assets, the Jamaican Tourism industry has been identified as one of the key industrial clusters deemed capable of driving sustainable economic growth in the long term. Jamaica has had a long experience as a tourist destination, being a favoured retreat for travelers from Europe since the eighteenth century. The tourism industry, however, started in earnest in the late nineteenth to early twentieth century, with the first systematic efforts by Government to promote the industry, and by private investors to establish large hotels. The emergence of the industry coincided with the rapid economic growth of the United States, which has remained the main source of visitors up to the present. Jamaica has been one of the best-known resort vacation destinations in the world for decades. Originally known for its stunning physical beauty and as a playground for the rich and famous, the island has since seen its tourism industry experience significant growth and diversification. Jamaica currently boasts one of the most diverse visitor accommodation sectors in the Caribbean, including world-famous all-inclusive resorts, upscale hotels and villas, and a range of distinctive tourist accommodations and attractions. While the tourism sector is a major earner of foreign exchange there is a relatively high leakage of these benefits through imports of goods and services and payments of interest and investment income to overseas providers of capital. In order to retain more of the value added by the tourism sector linkages between the tourism and the other sectors of the economy, including agriculture, manufacturing and services need to be enhanced. In-depth analysis of the manufacturing industry Manufacturing Sector The Manufacturing Sector represents a critical component of the economies of many developing countries including Jamaica. Jamaicas manufacturing sector is diverse and modern. Products encapsulated under this sectors activities are: beverages, processed foods, chemicals, plastics, cosmetics, pharmaceuticals, nutraceuticals and apparel. The island also produces spices and condiments, canned ackee and callaloo, as well as natural juices, soft drinks, beer, wines, spirits, and liqueurs. The manufacturing sector accounts for 12.8% of GDP per annum, employs approximately 7% of the labour force and is second in terms of sector contribution to real GDP. Jamaicas manufacturing sector grew during 2007 and contributed approximately 12.6% to total GDP, with total revenues exceeding US$700mn. Manufactured exports grew by 7.3% in 2007 to US$705.8 million, a reflection of higher export earnings from both non-traditional and traditional manufactured products; and  total investment in the manufacturing sector facilitated by Jamaica Trade and Invest amounted to J$3.6 billion during 2007. These investments spanned several sub-sectors including agro-processing, plastics, petrochemicals and cement. The petrochemical sub-sector was positively impacted by the development of an ethanol dehydration facility at Port Esquivel, St. Catherine. Further expansion also took place in the plastics sub-sector and in the cement sub-sector through modernization and upgrading of clinker and cement production facilities.  However, this overall picture of growth during 2007 was complemented by the Governments focus on increasing productivity in order to impact growth. Government implemented programmes that facilitated international competitiveness included worker skills training, technology upgrading, research and development, the Private Sector Development Programme (PSDP) and the Quality Jamaica Project, which includes training in Hazard Analysis Critical Control Point (HACCP). Manufactured exports represent approximately 12.6% of GDP in 2007, while the sector employs about 6.1% of the total labour force. Exports grew by 7.3% in 2007 to US$705.8 million, a reflection of higher export earnings from both non-traditional and traditional manufactured products. The global economic crisis in the last quarter of 2008, spurred by the financial collapse in the United States emerged, which had implications for the productive sector. Devaluation of the dollar, high interest rates, reduced domestic and export sales, credit crunch, high inflation, soaring oil prices, and skyrocketing input costs of raw material were some of the challenges experienced in the face of the world financial crisis. For the year 2008, the Jamaican economy contracted by an estimated 0.6%. Real Gross Domestic Product (GDP) for the Goods Producing Sectors contracted by 3.0%, while the Services Sectors grew by 0.3%. The performance of the economy was adversely affected by the sharp rise in commodity prices, the subsequent decrease in commodity prices due to the global financial crisis, decline in external demand for Jamaican goods and services, sharp decline in the availability of capital for fiscal budgetary support and private sector investment as well as the lingering effects of hurricane Dean and tropical storm Gustav. The sector contributed 8.5% to GDP and the total employed labour force grew by 3.5% to 80,100 persons. For the period, total manufactured exports also increased amounting to US$1,224.75 million, an increase of 37.5%. This was attributable mainly to increased export earnings from Non-traditional Exports of US$1,094.7 million. However, the sector declined by 1.2% due to a challenging environment and the global financial crisis which contracted the performance of the Food, Beverage and Tobacco and Other Manufacturing components of the industry by 2.4% and 0.2%, respectively. Economic outlook for the Manufacturing sector A more economic perspective for the Jamaican manufacturing is to see interest rates trending down, Banks beginning to make loans and sustained stability in the exchange rate. This sector is showing some renewed buoyancy and has shown significant growth over the last two quarters. Despite the tough economic conditions, manufacturing is predicted to contribute positively as this area will be a focal part for the government as this area should harness more growth and development. The government expects to boost this sector to create employment through the money it receives from the International Monetary Fund (IMF). We expect that this will continue, as this is a very important sector representing a large chunk of overall GDP. So whatever happens to manufacturing will have an overall impact on the economy. These are some very good investment opportunities for the manufacturing sector for the coming years. Agro- processing: Canned vegetables and canned fruit present good opportunities for investment in the food processing sector. Chemicals and chemical products: Reference is being made particularly to aluminium sulphate, detergents and paints, which showed steady growth in 2007. This is expected to continue as the construction industry is projected to grow by 4.5 percent in 2008 which will be facilitated by the growth in Non-residential and hotel sectors as well as expansion of the sea and airports. Bio- technology: Jamaica is blessed with a number of indigenous herbs which can be used in the promotion of health and wellness. Food processing, Beverages and Tobacco: The food processing sector grew by 3.3 per cent in 2007, while growth in the beverages and tobacco sun-sectors stood at 1.8 per cent. These sectors are expected to grow due to the anticipated increase in the food production. For the Manufacturing Sector in Jamaica the identification of strengths and weaknesses represents the internal assessment of the sector while the consideration of opportunities and threats represents the analysis of the external environment for the sector. STRENGTHS Sourcing and Procurement Current availability of high quality raw Jamaican materials (including agricultural products, limestone, cement) Strong international supply relationships Reduction of duties on imported raw materials Production Largest contributor to GDP of all goods-producing sectors World-class enterprises in several manufacturing subsectors and industries (including food processing and beverage industries, paint, plastic containers) Ability to make high quality products Numerous small and diverse production facilities allowing for a range of focused niche markets and products Environment Availability of some green raw materials Limited use of environmentally friendly/clean production technologies Finance Downward trend in deposit interest rates making equity investments in manufacturing relatively more attractive Human Resources Large employer of labour Pool of trainable workforce Innovativene

Wednesday, November 13, 2019

The Solitaire Metaphor in John Steinbecks Of Mice and Men :: Steinbeck Of Mice and Men Essays

The Solitaire Metaphor in Of Mice and Men In Of Mice and Men by John Steinbeck, George Milton is shown many times playing the game of Solitaire, a card game which requires only one man and a pack of playing cards. His companion, Lennie Small is never asked to play cards or other games because George knows emphatically that Lennie is incapable of such a mental task. Although Lennie and George are companions, George has the idea of being "solitaire" to be no longer burdened by Lennie's company. Solitaire, meaning alone, is a metaphor for the loneliness that many of the characters feel in the novel. John Steinbeck shows in Of Mice and Men, that all human beings are essentially alone. "I ain't got no people. I seen the guys that go around on the ranches alone. That ain't no good. They don't have no fun. After a long time they get mean. They get wantin' to fight all the time... 'Course Lennie's a God damn nuisance most of the time, but you get used to goin' around with a guy an' you can't get rid of him" (45). George proclaims his view on loneliness to give a reason for his connection with Lennie. This connection George has with Lennie makes the two of them unique to the rest of the characters. Many of the men on the ranch have a dream, but only Lennie and George have a chance of obtaining it. Essentially, John Steinbeck wants to show that although George and Lennie have the advantage of being a team, they will never accomplish it because all human beings are in essence, alone. Thus, George's constant playing of the game of solitaire foreshadows his eventual decision to become a solitary man. John Steinbeck demonstrates loneliness of Crooks, the black handicap. He has a strong difference from the rest of the crew, as he must live in a separate room from the rest of the workers. He attempts to explain this to Lennie, "S'pose you didn't have nobody. S'pose you couldn't go into the bunk house and play rummy 'cause you was black. How'd you like that? S'pose you had to sit out here an' read books.