buy custom Inflation in Venezuela essay

buy custom Inflation in Venezuela essay The Causes, Consequences and Management Strategies Venezuela, a tropical country in the Latin America, has recorded high inflation rates since the 1950s. The inflation rates have been at the peak with the highest record being 99.9% reported in 1999 (Muoz, 2007). However, the country is rich in terms of the natural resources and talented citizens. The inflation is, therefore, a problem by the countrys and international definition. Causes of the High Inflation Rates The high inflation rates in Venezuela are caused by various factors such as hoarding, high community spending, calamities, increased money supply and speculations that the prices of goods and services may rise with time. These factors will be discussed in details in the next paragraphs. Calamities have built a home in Venezuela. This considering the fact that the country is facing serious problems year in year out. An instance of this is the climate, which is unreliable. The climate change has lead into the countrys unstable planning, thereby greatly affecting the economy. The World Bank report shows that country was hit by a catastrophe in 1989 (Dure, 1991). In December 1999 other calamities reported, floods and landslides, which led to the death of many citizens and ruined the economy. The floods are historical and have been observed even in the previous years. Moreover, the country is never an exception to industrial unrest, hailstorms and earthquakes among other calamities. These have led into the reduction of the supply of goods and services, while the available ones are offered at high prices. This is a potential cause of inflation. The other cause of high inflation rates in Venezuela is the increased supply of money. The politicians print a lot of money during the campaigns and give them to the citizens in exchange for their votes. This money supply is not matched by an equivalent increase in the production of goods and services. The people, thus, have a lot of money to spend than the available goods and services. This has rendered the currency useless and led to high prices of goods and services. The increased money supply has also led to an increased total community spending. This has consequently led to the increase in the total demand for goods and services, which are scarce. The producers thus, take the advantage of the demand to fix high prices for their goods and services. Some business persons in Venezuela practice hoarding. They cause the shortage of goods and services with an intention to gain, when the prices are high. Through this practice, the prices increase drastically, thereby leading to inflation. This has been noted more, especially for the milk products, sugar and other agricultural products. Consequences of Inflation in Venezuela The inflation rate in Venezuela has led to the investors (both local and international) running away from the countrys economy. They claim that its a risk to invest in the country. The countrys economy has never been stable for a long period of time and for this reason, it has found itself on the list of World Bank and International borrowers and calls for the aid programs. The high inflation rates have also affected the employment in the country. Many skilled workers are raised only to find it hard to get an employment opportunity. Some have, therefore, turned out to be self-employed but still fighting the consequences of unstable economy. The food prices are too high for the citizens to afford. This has led to the depriving of the most basic needs. Many people are forced to adopt new lifestyles. Most banks and other lending institutions have sorted to work on non-fixed lending rates. However, the inflation rates are unreliable; hence, the institutions lose in the long run. The amount lent, in a years time could be useless, considering that the interest rates are maintained. Borrowers, however, find it advantageous to borrow over a long period of time. They can borrow much and they pay little as compared to that they could pay if there was no inflation. The other positive consequence of inflation in Venezuela is the stimulated production. The high prices, set by the market, motivate people to produce more goods and services that do them good in the market. Inflation Management Strategies To manage the inflation in Venezuela, there are various factors that need to be taken into deep considerations. The first question concerns the causes. What are the causes of the inflation in the country? Knowing the source of the problem is an important factor in finding the soluutions to the problem. So, in solving the calamities problem, it will be most appropriate to find a solution to the calamities (both natural and human caused calamities). After analyzing and realizing that the catastrophes are recurrent after a given period, the government officials should work on forecasting and informing the citizens of the forthcoming misfortune. This can help in avoiding earthquake attack effects. Calamities that can be controlled should be eliminated from the history through control measures (for instance, floods can be controlled and brought to an end by the construction of dams, reservoirs, levees and diverting the flood source). The water can be as well used to provide energy and food, thereby increasing the productivity. The government of Venezuela should work on training the citizens and investors to take an advantage of the natural resources to improve the living standards. This can be conducted through workshops and seminars. It should reduce the revenue spent to develop the infrastructure and work on generating more income. Its through these developments that the government is borrowing a lot from the international bank. The other strategy is to tighten the lending and come up against those politicians who are after printing money for their own good. Once these controls and others are in place, the excessive money supply will no longer be a problem (Chhibber, 1989). Another strategy is to take legal measures against those, who practices hoarding. The government should implement strict policies that ensure that the situation is curbed. The last move is price control, which the government is already at. The government should improve on the policies and make price control an option, while ensuring that production is taken into deeper considerations (Muoz, 2007). The other solution to the inflation is to encourage the citizens to save their incomes. Through this, there will be less money supply in the economy, thus, stabilizing the circular flow of income and consequently solving the inflation problem. Conclusion The inflation in Venezuela is one of the worst recoded. Measures need to be taken to curb the situation. The natural and human influences of the inflation need to be taken into deeper consideration so as to salvage the countrys economy. Buy custom Inflation in Venezuela essay

Romero Surname Meaning and Origin

Romero Surname Meaning and Origin The Romero  surname originated as a nickname applied to travelers from the western (Roman) empire who had to pass through the eastern (Byzantine) empire on their way to the holy land, from the word  romero, meaning  a pilgrim, or one who visits a shrine.  According to the Instituto Genealà ³gico e Histà ³rico Latino-Americano, the Romero surname originated principally in the Spanish areas of Galicia, Aragà ³n, Valencia, Catalonia, Andalusia, and Castile. Romero is the  28th most common Hispanic surname.  Romarin is a French version of this surname, while Romer is the German variation. Surname origin:  Spanish, Italian Alternate surname spellings:  Romerro, Romarin, Romer Famous People With the Surname Romero George A. Romero: American film director, best known for Night of the Living DeadOscar Romero: Former  Archbishop of San SalvadorCà ©sar Romero: Cuban-American actor and dancer Where Do People With the Surname Live? The surname distribution data at  Forebears  ranks Romero as the 227th most common surname in the world, identifying it as most prevalent in Mexico and with the highest density in Honduras. The Romero surname is the 12th most common surname in Argentina, 13th in Venezuela, 15th in Ecuador, and 18th in Spain and Honduras. Within Europe, Vargas is most frequently found in Spain, according to  WorldNames PublicProfiler, especially in the southern provinces of the Andalucia region.  The surname is also common throughout the southwestern United States, especially in the state of New Mexico. Genealogy Resources Research Hispanic Heritage: Learn how to get started researching  your Hispanic ancestors, including the basics of family tree research and country-specific organizations, genealogical records, and resources for Spain, Latin America, Mexico, Brazil, the Caribbean, and other Spanish speaking countries.Romero Family Crest - Its Not What You Think: Contrary to what you may hear, there is no such thing as a Romero family crest or coat of arms for the Romero surname.  Coats of arms are granted to individuals, not families, and may rightfully be used only by the uninterrupted male-line descendants of the person to whom the coat of arms was originally granted.  Romero Family Genealogy Forum: Search this popular genealogy forum for the Romero surname to find others who might be researching your ancestors, or post your own Romero query.FamilySearch - Romero Genealogy: Access over 2.6 million free historical records and lineage-linked family trees posted for the Romero surname and its va riations on this free genealogy website hosted by the Church of Jesus Christ of Latter-day Saints. GeneaNet - Romero Records: GeneaNet includes archival records, family trees, and other resources for individuals with the Romero surname, with a concentration on records and families from France, Spain, and other European countries. Sources Cottle, Basil.  Penguin Dictionary of Surnames. Baltimore, MD: Penguin Books, 1967.Dorward, David.  Scottish Surnames. Collins Celtic (Pocket edition), 1998.Fucilla, Joseph.  Our Italian Surnames. Genealogical Publishing Company, 2003.Hanks, Patrick and Flavia Hodges.  A Dictionary of Surnames. Oxford University Press, 1989.Hanks, Patrick.  Dictionary of American Family Names. Oxford University Press, 2003.Reaney, P.H.  A Dictionary of English Surnames. Oxford University Press, 1997.Smith, Elsdon C.  American Surnames. Genealogical Publishing Company, 1997.

Reaction paper 9 Essay Example | Topics and Well Written Essays - 250 words

Reaction paper 9 - Essay Example It is true that quantitative easing is done for the following reasons; foster employment, encourage lending, encourage borrowing, increase spending and reduce interest rates. However, it should be noted that quantitative easing has various risks such as it increases inflation, reduces international trade, it is also a threat to the value of the US dollar, and it also encourages debt by both organisations and consumers. In relation to this, I think stopping quantitative easing after unemployment has fallen below 7 % will not be bad for the economy. I agree with the author, if the rate of inflation increases from 2% to 2.5% then it will be prudent to stop quantitative easing. In addition, the rate of real GDP has been falling from 2.2 % to 2.4 % and finally to 1.7 %. It means the quantitative easing has very little effect. Furthermore, the reason why federation bank exist is to increase on a sustainable basis real per capita income. However much quantitative easing has various benefits it does not increase economic

Letter of Transmittal Essay Example | Topics and Well Written Essays - 500 words

Letter of Transmittal - Essay Example We are seeking a position as a Student Counselor. Unlike many other counseling institutions, we have a real world experience in the field of education. Our strong desire to help young people with their academic, personal, and social needs coupled with what we have learned from working with youth with special needs makes us a strong candidate for being counselor at your school. XYZ University is rich in its culture. Students from almost every area would be observed here. We have come in contact with a diverse population of students who have very different backgrounds. Social functioning and the ability to learn vary from student to student. Helping students set realistic social and academic goals for themselves, under the supervision of their kind teachers is the part we enjoy and excel in. The feeling of being incapable of achieving goals is the root cause which results in failures, and our activities aim to improve frustration tolerance of students in order to overcome the feeling of being incapable. We encourage students to reflect on their past success and realize their true potential thereby giving them the confidence required to triumph. We work in close collaboration with the teachers of students to achieve realistic goals of students. As outlined above, our dedication to the field of education and more specifically our willingness to prove ourselves in the field of counseling as well are the major factor for which you should consider us. We believe you will discover us to be one of the best counselors in the world. We appreciate your time and consideration. Please do not hesitate to contact us at 1-800-433-7300 to arrange a meeting at your convenience. We are submitting herewith our report entitled accommodation issues of students. The main purpose of this report is to present our clear vision about the solution of the existing problems. The proposal shows a detailed scope, approaches and methodologies of finding solutions, and different

Educational Problems in Philosophical Perspective Research Paper

Educational Problems in Philosophical Perspective - Research Paper Example John Dewey summarized this debate in his book Experience and Education (2007). According to Dewey the practical affairs at school surround the debate between the traditional and progressive education. The traditional view of education is based on the premise that education is a body of information and skills crafted in the past hence schools are supposed to transfer to the new generation (Dewey, 2007). Many develop standards in the past like moral training, such as developing habits in the students confirm to these rules. The normal pattern of a social institute is in sharp contrast to the schools. For instance one can imagine the environment in an ordinary schoolroom. It includes time schedules, classes, exams, rules etc. Hence there is a general pattern that is found in the organization. In comparison, the environment at home where families live and communicate with each other, is completely different from the picture of a school classroom just portrayed. Regardless of which side the debate goes there is no denying that the main aim of education is to equip the youth for future responsibilities. Education aims to make them successful in their lives. This is achieved through imprinting information and skills in the minds of students, whenever they are understanding any instructional material. However, there are certain dependent factors that come along with this approach.

Letter of Intent Essay Example | Topics and Well Written Essays - 500 words - 3

Letter of Intent - Essay Example During this time, I have not only met numerous persons requiring my attention as a Practical Nurse but I have also worked closely with other well-informed Practical Nurses. This exposure in the field of healthcare has molded me into an approachable, sociable, dynamic, and a resourceful person in addition to equipping me with negotiation and interpersonal skills. Moreover, I have become an open minded and hard working person, an outstanding team player as well as a person who is open minded and excellent in networking. I believe that my working background as a CNA has equipped me with proper knowledge and experience that places me in an advantageous position to be eligible to pursue this course. My strong will to deliver relevant results, curiosity, attention to details, and willingness to learn are additional strengths that would be important assets as I study. I am also initiative, well-organized, have a genuine interest in people, have the ability to work independently with minimum supervision, and have good work habits. I have no misgivings that pursuing a course in Practical Nursing would give me the opportunity of sharpening these skills further as well as increasing my knowledge in the same, which would improve my performance greatly. One of my greatest weaknesses is that I have a tendency of getting too focused on whatever I am doing such that I find it hard to stop doing something until I see the desired results. This has oftentimes left me without any time for myself. However, I am working on these weaknesses by asking for help from colleagues in backbreaking issues, following a schedule, going for occasional breaks and coming up with after-hours hobbies. Upon completion of the nursing program, my goal is to continue working in nursing homes and provide and promote patient care to the best of my ability as well as being actively involved in helping patients regain their physical

The Punishment by Means of Death Sentence Essay Example | Topics and Well Written Essays - 750 words

The Punishment by Means of Death Sentence - Essay Example Certain cultures and societies stand against it and others support it. In this paper we will be discussing that capital punishment is an ethical and moral way of punishing individuals who indulge in wrong doings. To support this view, the argument will be backed with the ethical theory of Utilitarianism and Kant’s Categorical Imperative. Discussion According to the Utilitarian perspective, actions should be considered as right or wrong on the basis of utility or benefits and costs those actions have to offer to the society (MacKinnon, 2009, p.38) . The view even suggests that those actions should be selected which have higher utility than cost for the society, as compared to any other actions that can be conducted. Death penalty, offers more benefits than costs to the society, therefore, it is considered as a morally and ethically correct action. The various benefits of death penalty include; death penalty is considered as a very harsh punishment, people fear death. This fear of death may stimulate other criminals from committing crimes in the future. Therefore, death sentence inflicts fear of death in criminals, and due to this fear, criminals might avoid committing future crimes. Another benefit of death penalty is that those criminals who are currently conducting crimes and will possibly commit future crimes will be removed from the society and the number of criminals currently existing in the system will decrease. Another advantage of the death sentence is the satisfaction that the society as well as the victim’s family receives from knowing that justice has been served, and the criminal has faced equal consequences and pain that the victim faced. Those who are not in the favor of death penalty argue that due to death penalty, those individuals have to experience death that might have not actually committed the crime and have been held responsible. Some contradictors of death penalty even state that there is no pure research stating that death penalty has really stopped criminals from committing crime and has stopped potential criminals from conducting future crimes. Contradictors argue that the level of suffering in case of death penalty is less than the suffering experienced in life imprisonment, thus life imprisonment should be considered as a better option than death penalty. Those who are not in the favor of death penalty even state that the monetary cost bared by the government for conducting a case of death penalty is higher than the cost of any other form of trial, thus the society ends up paying in the form of higher taxes. According to retributive justice, those individuals who have committed wrong, should pay the cost of their actions and should be held responsible (Hinman, 2009, p.245). Kant supports this view; Kant believes that equality and justice can only be served if a wrong doer is treated in accordance to his wrong doings. Kant supports the idea that an individual should be treated the same way he has treated others. This does not mean that a murderer should be murdered in the same way he has committed the murder. However, the murder should experience equal pain as the pain felt by the victim who was murdered. Secondly, Kant states that an individual should treat others in a particular way, if he/she is ready to accept the same treatment (Pojman, 2009, p.129).