Interpretations of Confucianism Essay Example | Topics and Well Written Essays - 1500 words

Interpretations of Confucianism - Essay Example The next broad issue which was brought up in the context of a discussion of Confucianism is ecological sustainability. It was rather surprising for me to learn that this aspect of the world is engaged in the consideration of abstract ethical values. However, I agree that the current state of affairs and the way the humanity treats the nature stands for lack of correct understanding of one’s role in the world. In other words, the ongoing process of climate change, as well as negative effects that industrial production has on the environment, shows the mankind is not able to organize its activity properly. This means that the above-mentioned situations should be seen as a sign that the humanity advanced in the wrong direction.While Confucianism does not hold specific advice with regard to ecological improvement, some of its provisions may be interpreted in a way that would help to save the world. Indeed, one can hardly argue that the harmony which is brought by this teaching int o the society might also be extended towards the relationship between people and nature. As a result, the global climatic problems that are currently witness might be seen as conflicts between the two parties.Another issue that was brought up in the discussion is the economic problems that the global community is currently facing. It is quite understandable that issuing more money will not defeat global poverty. In addition to that, economic development of one part of the world will not lead to any improvements in a different one.

Differences in Worlds Economic Models. Structural Trade Adjustment Assignment

Differences in Worlds Economic Models. Structural Trade Adjustment. Fair Trade policy - Assignment Example Promoting the concept of globalization and opening gates for multinationals, the BWIs designed such exchanging trade policies in which there is an exchange of business and generation of the profits. High privatization, reduction of Government interference, reduction of public spending, wage suppression, low tariffs, and high international trade exchange are features of SALPs Structural adjustment loan programs (WHO). SALs are adjustments for poorer states while these are sources of profit for richer countries. SALs are instruments to provide loans to under developing nations in terms of availing their geographical resources. This is to favor MCNs Multinational Corporations, which take such resources for incremental profit maximization activity. International businessmen, money makers, stake holders and policy executors all benefit from SALs but keep detrimental effect for international loan borrowers mostly the underdeveloped nations (WHO). The case of Serbia was a major highlight, w hen Structural Adjustment Loans introduced brought detrimental effects for the people of Serbia. According to IFIs International Financial Institutions â€Å"SINCE THE BANK AND OTHER IFIs SHOW NO SIGN OF CLOSING THEIR DOORS, GENDER ACTION BELIEVES THAT IT IS VERY IMPORTANT TO ENSURE THAT THEIR LOANS ASSIST AND NOT HARM THE POOR AMONG WHOME THE MAJORITY ARE FEMALES† (Vladisavljevic and Zuckerman, pp. 3). Opposite to the statement came out in Serbia, where poor groups became jobless and with health expenditure cutbacks working women were brought to unpaid care services (Vladisavljevic and Zuckerman). NAFTA In the last decades, NAFTA was one of the finest examples of liberal trade â€Å"free trade†. It came out as a source of development and growth for all member countries which took part in such liberal trade agreement. In the start, NAFTA established the pool of 436 million people which later on produced $12 trillion worth of goods on the annual basis (McKinney). The pe riod of the decade 1993-2003 was tremendous projecting the real economies of scale in the NAFTA member countries. Though the starting impact was positive but later NAFTA brought worst effects on member countries and other parts of the world. According to Economic policy institute, NAFTA created unemployment, reduced wages, and obscured labor rights in Mexico (White). This inevitably brought gang wars, drug apprehension and poverty in the Mexico district (White). Apart from the member States, rest of the world also got affected. India was found with numerous child labor cases, China with starvation wages, and Korea with slave-labor, which was all because of the weak NAFTA policy that neglected labor rights and their implementation (White). Fair Trade When there are high business interests, exerted market pressures, and continuous exploitation of resources then reformists advice Fair Trade to stabilize such dissolving business order. Fair Trade is used to bring solidarity, a reform wh ich remove the multinational culture and bring highest apprehension of environmental codes and obligations. When Fair Trade policies are implemented then Governments take part in the business. Their concern is to serve public and to establish the norms of social well being, which are all astray in any international conventional business order (Raynolds, Murray and Wilkinson, pp. 1-20). In a Fair Trade policy, the aims are not to meet market competition or to produce cheaper but instead quality goods and in bulk volumes. With the execution of the Fair Trade programme, the business becomes transparent and opened for the public. Social well being and valuation of environment all becomes