Structural Stagnation Dilemma Forum Assignment Example | Topics and Well Written Essays - 500 words

Structural Stagnation Dilemma Forum - Assignment Example Further, the economies are suffering because of shortfall of investments in education and infrastructure. For structural stagnations, the major causes are categorized into long term short term. The long term causes are globalization, exchange rates and trade deficit while short term is associated to the aftermath of financial crisis. As shown in figure 11-3, by Colander, a graph showing policy implication of structural stagnation, the policy makers are deemed to target a higher potential output as a result of the dilemma (Colander 238). In which case, Aggregate Supply (AS) and Aggregate Demand (AD) model explains that â€Å"too high targeting†, than is sustainable, on aggregate output creates a financial bubble. The financial bubble in turn causes slow growth in macro economy and high unemployment rate. In contemporary society, the definition of economic growth and employment goes hand in hand with technological change. At times of volatility and impeded economic growth, many economies are relying on technology to create jobs and facilitate innovation and development. The technology industry has initiated direct job creation, especially in the ICT sector that now features among the largest employers. Apart from being an employer, technology also boosts economic growth through its contribution to GDP growth. For instance, E-commerce is pervasive in most economies and constitutes a considerable portion of their overall GDP. However, the technological change has brought with it both negative and positive impacts on employment. The introduction of machinery, working like man, has brought about unemployment in subject industries. Many workers are laid off as a result of technological transition taking course. Even though globalization has been evident to lift many out of poverty, it does have contradiction in terms of the structural changes it forces US to undergo. The

Dance review Essay Example | Topics and Well Written Essays - 500 words

Dance review - Essay Example Ballets give exquisite pleasures to witness at the theater. To me, it appeared that the dual roles of the ballerina depicted the dual roles of common people from every walk of life. Hence the term ‘two-faced’. The eternal battle between the good and the evil. None of us are good in our entirety, and none of us are evil either. Everyone has their own demons and evil intentions. It is only through struggle and overpowering that one side claims victory over the other. We suppress the evil side to confirm to a higher social order. Maybe this aspect was not part of the greater plan. Pyotr Ilyich Tchaikovsky, the original composer of the Swan Lake, might not have put the duality of the human psychology represented through the dancing of ballerinas on purpose. The beauty of the play is that when one ballerina plays both roles it makes the message even more powerful. Odette is trying to set herself free by seeking faithfulness of her lover, while Odile wanting to seduce the lover to make the enchantment permanent. The duality of human nature should not be taken to the extremes of good and evil only. We experience cognitive dissonance frequently in our daily lives. Even more common is the inner child in all of us that wants to trample rules and norms. This side wants to be free, to be rebellious. It wants to do whatever it wants, driven by lust, gluttony and greed. But the mature side of the human tries to hold it back. It tries to suppress it to prevent it from becoming too irrational. The Yin and Yang, the negative and positive, the good and evil, and in that performance, Odette and Odile. As suggested earlier that dance is one of the purest form of human expression. As a Swan Odette was delicate, fragile and innocent. Her posture, her hand movements were so light that she was barely touching the stage. Her ‘floating’ represented the lightness of the soul of a person. Odette presented to me the delicate