Global Crime Analysis Essay

Every single day, in every location of the world, there is crime going on. Crime does not only happen in one specific area, for that reason it is an issue all across the map. There are various major global crimes and criminal issues that have a global impact on national and international justice systems and processes that every individual should be knowledgeable about. Comparing and contrasting the various international criminal justice systems and how these major global crimes and criminal issues are addressed only helps individuals understand every justice system all around the globe. The justice system, in every country, is drastically impacted on a regular because of the many global crimes and criminal issue occurring. Drug trafficking, fraud, smuggling, extortion, terrorism, money laundering, gangs, briber, and cyber crime are just some examples of global crimes that are seen in this world. Although all global crimes are serious and cause issues the global drug trade is one that is an ongoing and is currently a multi-billion dollar industry. Every day, all around the world drugs are being made, but it is only in certain countries that large quantities of drug trades are made. Specific drugs are mainly found within only certain countries but as for Marijuana it can be produced worldwide. Marijuana is a drug that is easily produces so it comes to no surprise that it can be obtained worldwide. On the other hand individuals will find that different drugs are found in different areas of the world. For drug buyer is looking to buy opium poppies used to produce heroin, Myanmar, the Golden Triangle Burma, Thailand and Laos, Pakistan, Iran, and the Golden Crescent Afghanistan would be the places of interest for the buyer. On the other hand when it comes to the drug cocaine, South America would be the buyer’s place of interest. As can be seen these drugs all are produced within third world countries reason being the production of these drugs helps these countries economies by bring more money whether it be illegally or not. This is where a conflict comes in, with each country having different points of views on drug trade it is hard to enforce drug laws if all countries are not eye to eye. In order to improve the overall effectiveness of strategies the law enforcement’s from other countries needs to work together to try and come up with strategies and ways to take down the drug trade. The political and social structure has a major effect on the widespread of certain crime. Each country being diverse makes this vary from country to country. â€Å"For example, in middle-income and developing countries, homicide is far more prevalent compared to nations with higher incomes† (Shaw, et al, 2004). Research reveals that nations that have high rates of homicide tend to be accompanied by social and political unrest, where crime organizations tend to run the country more than the politicians† (Shaw, et al, 2004). â€Å"On the other hand, there has been a dramatic decline in the rates of robbery among nations included in North America compared to other nations of the world† (Shaw, et al, 2004). Within the criminal justice system another thing that varies from country to country is the way criminals are tried and detained. This difference seen is based on the different social and political structures that are made for each country. Research has revealed that most nations follow a civil law system, which is typically based on Roman law structures, in which a person can be punished as soon as a sufficient amount of evidence proves that a person is guilty of a crime† (O’Connor, 2011). â€Å"This varies from the common law systems, where innocence is assumed prior to proving that a person is guilty of a crime† (O’Connor, 2011). â€Å"More common in nations, such as Iraq, Afghanistan, and Iran, the Islamic law system is directly based on the Koran, which is often interpreted as a harsher law system compared to other law systems utilized by other nations† (O’Connor, 2011). In most cases the law system that is being used within the country is one that reflects on the beliefs and standards of that particular county. Overall, this helps individuals of a certain country understand what exactly would be considered a crime within his or her country. When looking at countries one by one a difference can be established. One example is â€Å"seven of the eight nations that are included in the group of Caribbean nations have been affected by colonial rule for centuries† (United Nations Programme Development, 2012). This colonial rule has caused their criminal justice system to be based on British common law, as well as national statutory laws† (United Nations Programme Development, 2012). â€Å"Their courts are also structured in a manner that is similar to British courts, where there is a magistrate court, a high court, as well as a court of appeals† (United Nations Programme Development, 2012). Although all individuals tried in court receive a fair trial, juries are normally only used in serious criminal trials. This is without a doubt different from the United States justice system, where there are few cases ever tried where a jury was not involved. Research has revealed that the rates of attrition, or the rates in which a criminal is obtained and tried for the crimes in which they are accused of committing, differ with the status of the nation† (Shaw, et al, 2004). This meaning that nations that are more developed tend to have higher rates of attrition and nations that are still developing nations have lower attritions rates. The correctional system is another part of the criminal justice system that varies from country to country. Although many countries correctional systems are somewhat similar to the one in the United States, they all vary from place to place. In Jamaica, law enforcement depends on the probation system in order to rehabilitate criminals who pass through their punitive system† (United Nations Programme Development, 2012). Within other nations that are included in Caribbean nations both probation and parole are commonly used to rehabilitate criminals (United Nations Programme Development, 2012). On the other hand research shows that nations with little crime such as Switzerland, have little crime is because there are wealth of social institutions that help to ensure that each citizen is well provided for (O’Connor, 2011). Crime is going to continue to occur every day, no matter the location of the world. The various major global crimes and criminal issues that have a global impact on national and international justice systems and processes will continue to impact each and every country unless a pact is made. No two countries are the same and for that reason no two criminal justice systems will ever be in agreement, but becoming aware of these differences will only helps individuals understand every justice system all around the globe whether it be the United States or China.

Health Risks Associated with Technology Essay

The widespread use of technology has led to some important use health concerns. Some of the move common physical health risks are repetitive strain injuries, computer vision syndrome, and muscular pain. These injuries are on the rise for users of technology. A repetitive strain injury (RSI) is an injury or disorder of the muscles, nerves, tendons, ligaments, and joints. Technology-related RSIs include tendonitis and carpal tunnel syndrome (CTS). Tendonitis is inflammation of a tendon due to repeated motion or stress on that tendon. CTS is inflammation of the nerve that connects the forearm to the palm. Repeated or forceful bending of the wrist can cause tendonitis or CTS of the wrist. Factor that cause these disorders include prolonged typing or mouse usage and continual shifting between a mouse and keyboard (Jones 45-48). If untreated, these disorders can lead to permanent physical damage. Computer vision syndrome (CVS) affects eyesight. Symptoms of CVS are sore, tired, burning, itching, or dry eyes; blurred or double vision; distance blurred vision after prolonged staring at a display device; headache or sore neck; difficulty shifting focus between a display device and documents; difficulty focusing on a screen image; color fringes or afterimages when looking away from a display device; and increased sensitivity to light. Eyestrain associated with CVS is not thought to have serious or long-term consequences (Anderson and Dean) People who spend their workday using the computer sometimes complain of lower back pain, muscle fatigue, and emotional fatigue. Lower back pain sometimes is cause from poor posture. It is advisable to sit properly in a chair while working and take periodic breaks. Users also should be sure their workplace is design ergonomically. Ergonomic studies have shown that using the correct type and configuration of chair, keyboard, display device, and work surface help users work comfortably and efficiently and helps  protect their health (Sanchez). Many physical health risks are associated with using technology. These risks include repetitive strain injuries, computer vision syndrome, and muscular pain. User should take as many preventive measures as possible to avoid these risks. Works Cited Anderson, Cricket Finley and Stacey Anne Dean. â€Å"Computer pains.† The Medical Update Aug. 2014:n. page. Web. 2 October 2014. Jones, Jacob Lee. Medical concerns of the 21st Century. Chicago: Smiley Incorporated, 2014. Print. Sanchez, Jorge Mario. Aches and Pains. 30 Sept. 2014. Course Technology. Web. 5 Aug. 2014.

Final-22 Essay Example | Topics and Well Written Essays - 250 words

Final-22 - Essay Example Since the initiation of the civilization, religion and politics have shaped, de-shaped and developed hand-in-hand and this was evident in this case as well. The turning of America towards Jesus holding the hands of preachers like George Whitefield and Jonathan Edwards pushed the national feeling and contributed in sowing the seeds of American Revolution which occurred after some times2. The ‘Third Great Awakening’ or the era of ‘religious activism’ is the time from the late 1850s to early 1900s. This period witnessed a great upheaval in the area of education. Obligatory elementary education and a battle against child labor actually initiated during this period. During this period the colleges that were allied with churches increased in size, number and their span of curriculum1. As the Awakening and Enlightenment stressed on education, it inspired scientific thinking. People started to see things under the light of reason and logic which enabled them to develop their settlement instead of banking upon the hollow and narrow pursuit of clergy and churches. With the development, the need of luxury increased and in the true sense it was first â€Å"American Event† which was coming into a proper terms with the society of

Why sleep affects our health Essay Example | Topics and Well Written Essays - 750 words

Why sleep affects our health - Essay Example These possible negative health effects from sleep deprivation increase health care costs while at the same time decrease productivity in terms of information processing and attention while performing tasks. This insufficiency in sleep is one of the risk factors for major chronic diseases like obesity, diabetes and heart disease. Major restorative functions of the body like repair of tissue, growth of muscle and synthesis of protein occur almost completely during sleep. As seen earlier, sleep deprivation can be caused by habitual behavior, where this is thought of as being harmless as well as the presence of an ongoing pathological disorder or condition associated with reduced total sleep time like sleep apnea and insomnia. Insufficient sleep can affect life expectancy and ones well-being in general. Studies have shown that sleeping for 5 hours or less per night can increase mortality risk by as much as 15%. Sleeping well does not necessarily guarantee that one will be in good health but it helps maintain many vital functions like tissue repair, growth and consequent development. It is not enough to sleep but is important to have quality sleep. This means that sleep should be uninterrupted as much as possible for the 8 hours in adult and for the recommended hours in other age groups. Many of the costs of poor sleep go unnoticed. Medical conditions like diabetes and cardiovascular diseases are likely to develop over long periods of time. This is not to say that this is the only risk factor for these diseases, but coupled with other factors like genetics, poor nutrition and leading a sedentary lifestyle the likelihood of developing these diseased is increased. Insufficient sleep is therefore considered an important risk factor for the development of these diseases and scientists have begun identifying connections that exists to support this. Most of them

Ethics in Business. The analyse of the case study Essay

Ethics in Business. The analyse of the case study - Essay Example It is agreeable to say that by conviction and not through interest, we should treat others the very same way we would want them to treat us (Cory 2004:1). When adhered to, such moral values enhance the performance and profitability of the firm since it attracts and maintains customers together with their trust in the products or services offered by the business. The companies’ basic moral principles according to Cory (2004:2) â€Å"†¦are honesty, acting in good faith and in an equitable and just manner without betraying the trust of the stakeholders and by treating them as equals, practicing reciprocity, avoiding the exploitation of others, and acting from your own free will without forcing your will on your partners†. It is virtues like honesty and acting in good faith that in our case study we see Steffan, in his capacity as the project manager violating deliberately. There is need for business to develop and faithfully practice these moral values for purposes of well societal being. Unfortunately they fail to do that. Incidentally it is the managers and the CEOs who often are accused of violation of core values of the society like in the case of Steffan Larson who disregards Lauren’s advice. They are usually morally blind and instead throw their focus on profit making. This is largely so because of shareholders’ pressure for profit generation and the capitalistic economic arena in which they operate. But this notion is disputable since even in non-profit making organizations there is open deviation from set rules and regulation. They therefore do business without caring about people’s lives, the environmental, political, social, and moral values. International corporations also want to be exempted from certain core values of a given place if in their view the values will conflict with their set objects, a theory Bowie (2002: 3) calls relativism. He says that the international corporations want to

Pediatric radiography discussion Case Study Example | Topics and Well Written Essays - 750 words - 1

Pediatric radiography discussion - Case Study Example Other destructors such as TV, video games, or movies on tablets or phones can also be used to help the child remain destructed for a while. This is the simplest and least expensive immobilizing method since it uses equipment found in most departments. Devices used include tapes, sheets or towels, compression bands, sand bags, covered radiolucent sponge blocks, stockinettes and ace bandages. After each procedure, it is required that the item is either disposed or be cleaned with bleach if coated with vinyl. The tapes should be twisted so that the adhesive surface is not against the skin. Gauze pads can also be placed between the skin and the adhesive tape. For small infants and young children, a 4 inch ace bandage can be used effectively. On the other hand, 6 inch ace bandages work well for older children and they are best used to immobilize legs. They look like midevil torture devices and they are rarely used since parents do not like to see their children put in them. The method uses the Pedia-poser chair that provides fast, gentle and secure immobilization of infants through 4 years old. In this device, the patient is secured only once and the chair rotates to quickly position for different views. It is simple and reliable, therefore, child friendly for pediatric positioning. One is able to adjust the chair back to the height of the child. Non-stretchy Velcro straps can be used by the stronger toddlers to secure their arms in different views. This is a faster, easier and commonly used method where the parent is used to position the child or hold the child in position. This works best for extremity exams like an elbow. The devices used in this method include gloves and aprons worn by the parents in case their anatomy slips in the exposure. During pediatric radiography, proper immobilization and high mA, short exposure time techniques are used and applied to reduce the motion unsharpness. Also, accurate

The Effectivity of Compressed Bandaging in Treating Venous Leg Ulcer Dissertation

The Effectivity of Compressed Bandaging in Treating Venous Leg Ulcer - Dissertation Example Factors that influence the compliance with the compression treatment Conclusion Referencess Abstract Venous ulcer is a common disease that affects about 1-2% of the general population during their lifetime. Treatment of this condition is long-lasting and time consuming and many factors are influencing the effectiveness and the healing rates of compression bandage. In this study we will critically analyze the effectiveness of compression bandage in the treatment of venous ulcers caused by venous insufficiency of the vein system of the lower leg. In order to do so we analyzed 4 studies that researches the different aspect of efficacy of compressive bandages. We analyzed the efficacy of different types of compressive bandages. We also analized the efficacy of compressive bandage compared to surgery and we found that compressive bandages are as effective as surgery in the treatment of venous ulcers on the lower extremities. At the end we also analyzed the factors that affect the compliance of the patients to the therapy and factors that influence the correct application of compression bandages by the medical professionals. We can conclude that compression bandages are the most effective treatment of venous ulcers and the efficacy as effective as any other new method of treatment. Additional research is needed in order to assure the usage of the a ppropriate type of compression systems by the medical professionals. ... Overall prevalence of venous ulcers in the morbidity of the human population is estimated around 0.18% but it is found that 1-2 % of the population suffers from chronic venous leg ulcers (Graham et all 2003). Treatment of vein ulcers is long lasting and costly and the disease is prone to remissions and exacerbations. It is estimated that approximately 1% of the total health budget in European western countries is spend in treatment and care of patients with this condition. In United States the estimated costs for the treatment and care of about 6 million patients with venous leg ulcers is estimated on 2.5 billion dollars a year (Nelzen 2000) (Phillips et al. 1994). Venous ulcers are the most important cause of chronic wounds representing 70 to 90 percents of all chronic wounds which significantly influence the quality of life of the affected patients over prolonged periods of time. There are many theories about the etiology of this disease but the exact etiology is still not well und erstood. Veins in the calf are constituted of two different and interconnected systems - deep and superficial vein system which are divided between themselves by the muscle fascia in the calf. Veins that constitute the deep system eventually form the popliteal and femoral vein, are located beneath the muscle fascia and are responsible for collecting the blood from the deeper tissues and muscles of the calf. In this system within the muscles there are located veins with larger volume (sinuses), without valves that act as reservoirs of blood when the calf muscles are at rest. This system of deep veins can collect up to 150 ml of blood in normal individual, but they can storage much more if there are malformations in this system. The

Accounting for Leaders ( Case study analysis) Essay

Accounting for Leaders ( Case study analysis) - Essay Example As a result a number of car owners would pass by Bob’s shop which facilitated in increasing the popularity of the shop. However since this parking system was stopped, Bob felt that his business was losing popularity. Bob also noticed that the general sales of children’s bicycles had dropped considerably. Bob suspects that a large amount of sales of his shop has shifted to the bicycle and car maintenance retailing chain located at the town’s main shopping centre. The Christmas sale of the shop was also much lower than expected. The shop was clammed with cheaper bikes clearly depicting that the shops had declining number of customers. The recent recession also had a negative impact upon the business (Cowen and Hoffer, 1985). Bob’s cafà © is run by Bob’s wife Sophie. Apart from providing internet services, the shop also provides services such as computer and software upgrade, computer repair, software installation, cleaning and configuration of computers. Sophie is concerned regarding the cash flow of the business rather than profitability. The bank overdraft of the business has been continuously rising since the last two years. Sophie could not understand the reasons behind such an increase. Sophie although provides services on credit in order to increase her sales, but she has not come across any bad debts (Brigham and Houston, 2011). The information required for taking decision in respect of Bob’s Bikes is obtained through the different rations computed from the business’s annual financial statements. The financial ratios of 2012 and 2013 were taken into consideration for taking the required decisions. Bob’s main issue is to analyze the profitability of the business. Financial ratios are considered as a suitable measure for analyzing business performance. Evaluating the progress of any business is vital and financial ratios are a suitable tool in examining the same. Financial ratios facilitate comparison of the performance

Portfolio, this is for ELS program Essay Example | Topics and Well Written Essays - 750 words

Portfolio, this is for ELS program - Essay Example My portfolio, as stated earlier is organized topic wise. These are the particular topics that have been covered in English Language studies. A table of contents that show the specific and their particular page numbers. Coupled up with their individual sub topics, this table of contents will act as a guide to where to find the specific information that needs to be evaluated. Folders have also been used to separate the sections of my work. This folders help to give a systematic arrangement of the samples that have been attached in this portfolio. Pictures of the specific assignments and tasks have also been attached in order to give a first hand recount of what the course was all about and the individual tasks that have been given and discussed. English Language studies is an advanced writing course that teaches sentences and multi paragraph essay writing. It also offers practiced of the specific topics of interest in the course. The course is a practical one that tends to involve the learners in every activity done. The activities are in terms of home works, assignments, timed writing, in class activities, peer evaluation and also writing assignments which all help to improve learners writing skills in English. The course focused on various topics that have been sampled in this portfolio. It helped to develop abilities on; Here we were able to learn more about noun phrases. Also the structure of these types of phrases was also focused on. We were given examples and samples of the phrases to help improve our understanding of Noun phrases. Apart from the structure, we also learnt on what the noun phrase are made up of; the head and the tail. The head is what determines the shape and use of the particular noun phrase. The position of noun phrases in sentences was also focused on. The position of these noun phrases helps to determine the

Effects of Cannabis on Cognition Research Paper - 2

Effects of Cannabis on Cognition - Research Paper Example The use of the drug is common among the young and productive age bracket that tend to abuse the substance for leisure or relaxation. Ideally, the effects of the substance may be extensive as they may include loss of concentration and diminished planning abilities.   According to a study by Grant et al (2011), volunteers within the study exhibited no prior disorder except after indulging in the use of cannabis substance. The study sought to establish the effects of the substance among young people over a period of one week and a year. The findings established that the use of the substance immensely affected decision-making and planning abilities for this age bracket (Grant et al, 2012). This was because of the using the drug at different intervals that in turn affected the neural functioning and decision making that led to the having problems with law authorities. Overly, the use of the drug reflects on the driving abilities of adolescents that in turn attract the charge of driving under the influence of an intoxicating substance. In addition, the study also proved the substance abuse had effects on the adolescents’ school performance hence increasing the number of school dropouts because of their limited productivity in school. Sequentially, the teenagers who were under the influence of the drug also portrayed withdrawal symptoms where they could not relate properly with their peers who were not indulging in the use of the drug.  In summary, the study showed that teenagers and young adults were more likely to indulge in the substance use more than any other age bracket because of their poor judgment and decision-making skills. Additionally, this age bracket is more susceptible to pressure from peers and influence on their behavior hence making them indulge in the use of the drug (Grant et al, 2012).  

Human Resources Management Essay Example for Free

Human Resources Management Essay There exist major differences between the Brunei HRM compared to HRM in the western world. In the western world, the governments are mainly democratic. The business or the private sector is not in any way under the direction of the government or an individual. However, the Brunei government is a monarchy where the Sultan is the absolute decision maker both for the private and public sector. Given the differences in the political system, these changes are bound to affect the practices that HRM adapts in either country (Pieper, 1990). However, the differences are not just political; there exist major cultural differences between the western countries and that of Brunei. As previously established, the culture in a country manifests itself in the HR practices. Although the Brunei system is open to some extent, it cannot compare to the level of openness that is practiced in the western world. The Brunei system is one where superiors are held in awe, and their word is final. However, the HRM practice in the west is such that there is a lot of decentralization of power to individuals and to institutions. There are no powerful superiors, and thus the supervisor is almost the equal to the employee. The hiring and firing are also very controlled since employees have unions which are very powerful. In the public sector, the Brunei HRM policies are guided by the circulars from the Sultan. However, western governments public bodies have pre-designed HRM policies. The policies are either set by the board, or the HR manager in consultation with the CEO. Each public body is established through legislation. In the West, the government or the head of state cannot direct a public body on how to recruit or fire unless the legislative arm of government makes such a law (Pichault and Schoenaers, 2003). Another area of divergence is on the level of adoption of technology. Western HR practices have fully adopted technology in their operations. While Brunei HRM struggles to empower their employees on the use of technology, the labor force in the west has already adopted the technology, and is well-versed in the use of it. The HRM in the west is vary familiar with and has incorporated technology in such duties as log-in checker, benefits and loan applications (Laughton, 2012). An employee in the west will just need to log in using a given password and can then access the HR from anywhere in the world. In the western countries, there is a lot of individualism which is reflected in the HRM practices. The Brunei culture is more of collective in form, and this also manifests itself in the HRM practices. For example, there are no strong interpersonal relationships in the western HRM, unlike in Brunei. In Brunei, the family and relationship bonds are very strong, and this often leads to favoritism. The western countries are rarely affected by nepotism (Carr and Pudelko, 2006). The hiring process is extremely monitored and competitive such that only the best are qualified. In most organizations within the west, hiring is done by external professionals who are hired to do the job. Therefore, it means that the hiring company will rarely have any familiarity with the prospective employees, especially at a personal level. However, the Brunei HRM is such that the managers in the company do the hiring. Although the process may be transparent, it is possible for managers to favor a participant if they happen to know him or her (Bond, 1988). Moreover, given the absolute power vested on the Sultan, the Sultan may hire a person informally. In such a case, the HRM would have been left out of the loop, yet they would not have any power over it. The divergence here is that, in a western country, the executive absolutely has no power over the hiring of employees. The HR manager is free to make any decisions within his mandate. In terms of complaints and disagreement, the HRM approaches are very different. The Brunei monarch has absolute powers in all areas of decision making. Employees have no power to contest the decisions of the monarch. Furthermore, although the monarchy sometimes consults the stakeholders in decision making, he does not have to under the law. On the other hand, HRM practices must be in accordance with the law which requires public participation. Employees have the power, through their trade unions to contest any decisions they feel are not made in their best interests (Norihito, 2007). The Brunei monarch is also the head of the judiciary. However, the western countries have industrial courts and the arbitration panel that is impartial. This is aimed at adjudicating on such matters.

Foreign Direct Investment (FDI) Inflow In Pakistan

Foreign Direct Investment (FDI) Inflow In Pakistan CHAPTER 1 Foreign direct investment refers to the amount of participation that inflows from country a to country b like in many developing countries it comes from developed countries or it can also come in developed country as net property income from abroad. Foreign direct investment can be positive or negative which then results to the inflow of direct investment. It does not include investments which are done on purchase of shares. Investments can be come from wealthy individuals, public or private companies, government bodies, group related enterprises etc (Herring and Richard Willett, 1999). Foreign investment proved as very important for the developing countries. In poor nations it is proves as significant driver of development. FDI provides many of the developing countries with great benefits which helped them in achieving their economic growth. Through foreign direct investment there will be many things which are coming to the developing nations. There will be inflow of foreign capital and funds which you can term as hot money coming to your country. This capital can be invested into your business sectors to make it more worthy and profitable. Secondly there will be transfer of skills and technical expertise as if their entrepreneurs will come into your country and combine all the factors of production so then after results will be greater and larger than before (Larkins and Dan, 1998). Foreign direct investment can affect the countrys economy in different ways. It can affect the GDP rate, exchange rates and government policies in different ways; the effects of foreign direct investment at GDP are very significant. In many countries it constitutes at higher percentages of GDP rates. When foreign investment comes to the country it means that the business activity flourishes in the economy. There will be more production taken place and more goods and services produced by whether incorporated or unincorporated companies, or individual firm or it can be group related to enterprises but in any case there will be more provision of goods as heavy investments are taking places in form of foreign direct investment. GDP is actually refers to the production of more goods in compare to the last year results so a countrys GDP will surely increases by foreign direct investment. Total output of the economy will be increased which increases the GDP level (Hoshi, Takeo, Anil, and Da vid, 1991). 1.2 Problem Statement To identify the relationship between interbank exchange rate, real GDP and Dummy variable with foreign direct investment inflow in Pakistan. 1.3 Research Hypothesis: H1: Inter Bank Exchange Rate has a positive impact on Foreign Direct Investment Inflow in Pakistan. H2: Real GDP has a positive impact on Foreign Direct Investment Inflow in Pakistan. H3: Democratic Government has a positive impact on Foreign Direct Investment Inflow in Pakistan. 1.4 Outline of the study Foreign direct investment helps here those countries in carrying out their plans like Pakistan got assistance in running its steel mill operation etc. in this way foreign direct investment helps a lot third world countries. Foreign direct investment is basically the inflow of capital or investment from outside countries whether in shape of any kind of assistance or full operations like multinationals etc. foreign direct investment produce positive productivity effect on host countries. The main importance of this direct investment is that the adoption of the foreign technology, and gets to knew about many things through licensing agreements, imitation, employee trainings, process innovation, and link between foreign and domestic firms. There will be more job opportunities as in developing countries like Pakistan unemployment is a basic problem too which will be solved by the inflow of foreign direct investment. There will be not be only the employment of people but all factors will be employed if foreign investment will come. Many countries like China, Singapore, South Korea and Malaysia are depending on this foreign direct investment and are moving towards the development quickly. Factor employments will create income generation and through the multiplier effects the round of spending will make the economy proper and developed. There are many nations who are poor and they cannot carry out some of the plans needed in their country like extracting of some natural resources which is very expensive and needs heavy machinery. Foreign direct investment helps here those countries in carrying out their plans like Pakistan got assistance in running its steel mill operation etc. in this way foreign direct investment helps a lot third world countries. 1.5 Definitions Foreign direct investment refers to the amount of participation that inflows from country a to country b like in many developing countries it comes from developed countries or it can also come in developed country as net property income from abroad. Foreign direct investment can be positive or negative which then results to the inflow of direct investment. It does not include investments which are done on purchase of shares. Investments can be come from wealthy individuals, public or private companies, government bodies, group related enterprises etc (Herring and Richard Willett, 1999). CHAPTER 2 LITERATURE REVIEW Foreign direct investment refers to the amount of participation that inflows from country a to country b like in many developing countries it comes from developed countries or it can also come in developed country as net property income from abroad. Foreign direct investment can be positive or negative which then results to the inflow of direct investment. It does not include investments which are done on purchase of shares. Investments can be come from wealthy individuals, public or private companies, government bodies, group related enterprises etc (Herring and Richard Willett, 1999). Foreign investment also comprises of multinationals which open there operating branches in your countries and perform their business operations like production of goods and services so in USA inflow from multinationals also helps in creating trading activities like surpluses can be exports to outside countries to earn good amounts of foreign exchange which will appreciate your currency. Foreign direct investment resulted in 30% of the jobs in the manufacturing sectors. Inward FDI also led to the capital flow in USA which means higher productivity and living standards (Jaffee, Dwight, and Thomas, 1996). India is the second largest destination of FDI after China. It is been stated by the surveys of UNCTAD that India has been facing massive growth through Transaction Corporation. The areas which has been strengthen through the inflow of foreign direct investments are, telecommunication, information technology and other major areas like chemicals, apparels, auto components, jewelry and pharmaceuticals. There are high investments from Mauritius mainly due to the routing international funds through the country giving significant capital gain tax advantages; as tax will be treated between India and Mauritius so double taxation will be avoided. On the other hand Mauritius is capital gain tax heaven so there will be zero tax in FDI channel (Hoshi, Takeo, Anil, and David, 1991). FDI inflows into India reached a record $19.5 billion in fiscal year 2006-07 (April–March), according to the governments Secretariat for Industrial Assistance. This was double of US $7.8bn in the previous year. In 2008 FDI was more than $35bn. Government of India has created many incentives for the investors. The areas which need more relaxations were civil aviation, construction development, industrial parks, petroleum and natural gas, commodity exchanges, credit-information services and mining. Due to the foreign direct investment the economy of India is getting prosperous, economic growth is coming into effect. The potential to be an economic superpower is going to depend on how the government can create incentives for FDI flow across a large number of sectors in India. FDI is also hitting the country of Morocco with its affects. It is ranked among 4rth in foreign direct investment ranking, according to the United Nations Conference on Trade and Development. Other 72 projec ts were also been approved in 2008 as statistics have shown. FDI increases the job opportunities to 40,023 which were direct and stable. Morocco is making many steps in making it clear destination for foreign direct investment which is really good for its economy and its people overall. Though there was a decline in foreign investment of 29% in 2008 due to the economic downturn but after then it will raised up to the level where it gets god image. The major investors of Morocco are European Union with France (1.86bln), Spain (783mln). Arab countries also invest in Morocco. In terms of sectors, tourism has the biggest share of investment with $1.55bln, which is 33% of the total FDI, followed by the real estate sector and the industrial sector, with respectively $930mln and $374mln (Harris and Ravenscraft, 2008). The best thing which is hit by foreign direct investment is the opportunity for the citizen of host country that is of employment and skills development. Through investment by companies of abroad business activity taken place in the country, more goods will be demanded so there will be more need of factors of production so that the demand will be meeting up. For this purpose more people will be employed by those companies and in return people enjoy good wages and higher living standards. Secondly to make the product internationally acceptable and of great quality many training programs are also been conducted which enhance the skills of the employees and their efficiency level (Dewenter, 2008). Resource flows to developing countries over the 1990s and has become a significant. Part of capital formation in the developing countries despite their share in global distribution of FDI continuing to remain small or even declining. The role of the foreign direct investment (FDI) has been widely recognized as a Growth-enhancing factor in the developing countries. The potential advantages of the FDI on the host economy are it promote the use and Exploitation of local raw materials, it enhances modern techniques of management and marketing, it eases the access to new technologies, hot capital inflow could be used for financing current account deficits, finance flows in form of FDI do not generate repayment of principal and interests (as opposed to external debt), it increases the stock of human capital via on the job training. FDI allows you to access the use of raw materials of the host country which means that it will promote its usage, a country can get absolute and comparative adv antages on the basis of it natural resources or any kind of material which can give it an edge. Secondly due to the foreign direct investment it is very sure that new technologies will be transfer to the host country and will make them more efficient and up to the international standards. Often multinationals carried out the training programs for the workers of host countries so in this case their expertise will be enhanced and their productivity will increase. If a country is facing current account deficit which means that its balance of payment position is worse and imports are higher than exports so here foreign direct investment plays an important role in financing your current account deficit (Harris and Ravenscraft, 2008). Hot inflow of money will offset your current account deficit with the flow of capital comes from outside countries in shape of inflow of foreign direct investment. That is how it affects your current account. The advantage of foreign direct investment is that it does not generate any interest payments or the return of principal amounts as opposed to the external debt. So in total foreign direct investment effect your GDP level, current account balance and your democratic government in different ways and mainly positive. Some negative effects of foreign direct investment are also here but that is depends on host government rules and regulations that how they strictly maintain the foreign direct investment into their favors (Froot and Stein, 1991). Foreign direct investment is basically the inflow of capital or investment from outside countries whether in shape of any kind of assistance or full operations like multinationals etc. foreign direct investment produce positive productivity effect on host countries. The main importance of this direct investment is that the adoption of the foreign technology, and gets to knew about many things through licensing agreements, imitation, employee trainings, process innovation, and link between foreign and domestic firms. Foreign direct investment directly linked with the economic development of the host country and it also give benefit to the base country as they can access raw materials, can avoid trade barriers, will be near to the markets, can take advantage of cheap labors and lack of rules in host countries. Due to benefits host countries and industrializes encourage foreign direct investment (Campa and Goldberg, 1995). It affects the economic growth by stimulating domestic investment, increasing human capital formation and by facilitating the technology transfer in the host countries. Foreign Direct Investment (FDI) has emerged as the most important source of external. Apart from exchange rates and GDP level inflow of foreign direct investment also effects your democratic government; like how they reshape their policies and incentives. Like if you investors are investing in your country they also will need some of the free hands incentives which will more attract them to invest. For this purpose the government of host country will be reshaping their policies somehow like low corporate and income tax rates, tax holidays will be given to them, special economic zones will be created, export processing zone will be come into existence, financial subsidies, infrastructure subsidies, RD supports and many other things to relax them so that they will invest more (Rodriguez, 1998). Besides all these foreign direct investment will be having great impact on GDP level. Local output will increase as more production of gods will be taken place. More production means that your country is having more number of commodities ever than before so real output is increasing means GDP level. Increase in GDP will surely have good effects on your economy. Economic growth will come into effect. More employment will be there and factor payments will lead to the multiplier effects which means more and more income generation and economy will reaches to its equilibrium level (Dewenter, 2008). Resource flows to developing countries over the 1990s and has become a significant Part of capital formation in the developing countries despite their share in global distribution of FDI continuing to remain small or even declining. The role of the foreign direct investment (FDI) has been widely recognized as a Growth-enhancing factor in the developing countries. The potential advantages of the FDI on the host economy are it promote the use and Exploitation of local raw materials, it enhances modern techniques of management and marketing, it eases the access to new technologies, hot capital inflow could be used for financing current account deficits, finance flows in form of FDI do not generate repayment of principal and interests (as opposed to external debt), it increases the stock of human capital via on the job training (Huang and Walkling, 1997). FDI allows you to access the use of raw materials of the host country which means that it will promote its usage, a country can get absolute and comparative advantages on the basis of it natural resources or any kind of material which can give it an edge. Secondly due to the foreign direct investment it is very sure that new technologies will be transfer to the host country and will make them more efficient and up to the international standards. Often multinationals carried out the training programs for the workers of host countries so in this case their expertise will be enhanced and their productivity will increase (Itagaki, 2000). If a country is facing current account deficit which means that its balance of payment position is worse and imports are higher than exports so here foreign direct investment plays an important role in financing your current account deficit. Hot inflow of money will offset your current account deficit with the flow of capital comes from outside countries in shape of inflow of foreign direct investment. That is how it affects your current account. The advantage of foreign direct investment is that it does nohat generate any interest payments or the return of principal amounts as opposed to the external debt. So in total foreign direct investment effect your GDP level, current account balance and your democratic government in different ways and mainly positive. Some negative effects of foreign direct investment are also here but that is depends on host government rules and regulations that how they strictly maintain the foreign direct investment into their favors (Craine, 1999). Economic growth may mean that we are using are scarce resources swiftly so that they can depleted. Oil, coal, metals other natural resources are in limited supply and can be run out if we use them so quickly. If they do run out then there can be no more capital goods, food supplies may diminish and the population of world may suffer but this can be control through conservation process. Conservation means that you saved up some amount of scarce resources for our future generation rather than consuming it all at once for present people so by it we can save for the upcoming people of the country (Klein and Rosengren, 1994). Foreign direct investment if comes in the country so that will be definitely mean that more and more factories will be opening in the host country or if it comes for the existing factories like extracting of some natural resources etc so that means expansion of those factories. More and more factories and business sites means that there is though more land is available to produce more goods and services but less for other activities like recreational activities or parks etc. these can also destroy the plants and animals. The solution to this problem is that government should restrict the areas where these factories can be located and only allow there to operate. Those areas should be keeping away from residential locations so that normal citizens should not get affected. Factories should be more on barren land and regions so that fertile lands and animals would not get affected too. Growth also comes with many benefits so government cannot stop it. The best thing in this situation go vernment tries to do is to achieve sustainable growth. Sustainable growth means that along with the foreign investment, which is coming into the country government should try to minimize the harmful effects and should maximize the benefits so that resources and further things can be secured for the upcoming generations too (Hartman, 1992). There are also some of the negative aspects of foreign direct investment. There are some issues which are related like operation, distribution of the profits made on the investment and the personnel.economic backward section is always get effected of the host country when foreign direct investment is negatively affected. It is the responsibility of the host country to limit the effect of the foreign direct investment. They should make sure that countries which are making foreign direct investments should abide all the laws relating to environmental, governance and social regulations that are laid down country. However there can be some negative effects of economic growth too, means higher and higher GDP can affect your economy and people in it in a different manner too. There can be an opportunity cost of growth; economic growth may achieved by producing more capital goods but at the expense of less consumer goods like television, fashionable clothes etc but this can be in short run as in long run people will be enjoying more and more consumer goods and higher living standards due to the sustainable growth which has been achieved (Baldwin and Krugman, 1999). CHAPTER 3 RESEARCH METHOD This chapter explains the methodology used for this research study. This study focused on finding the factors affecting inflows of foreign direct investment in Pakistan. A method is a tool that can help solve problem and research new knowledge. This chapter also gives the methods to evaluate validity and reliability of the research for the factors associated with direct investment in Pakistan. 3.1. Data used: This research was carried out through Secondary Data. 3.2. Method of data collection: Data of Foreign Direct Investment and Real GDP is collected through State Bank of Pakistan, website and from Economic Survey of Pakistan and Data for Interbank exchange rate was collected through different websites like www.Oanda.com and www.indexmundi.com. 3.3. Sample size: Sample data of last 39 years is to be taken. Data has been taken from the year 3.4. Statistical tool used: In order to measure the relationship between the To Identify the relationship between Interbank Exchange Rate, Real GDP, and Dummy variable with Foreign Direct Investment Inflow in Pakistan. Regression is used as a statistical tool in this research. SPSS software is used to evaluate the relationship between the variables. CHAPTER 4 RESULTS 4.1. H1: Inter Bank Exchange Rate has a positive impact on Foreign Direct Investment Inflow in Pakistan. Table 4.1.1 The adjusted R Square value of the above table is 0.944 or 94.4% it means that the one unit change in the independent variable set will bring out the 94.4% change in the variation of dependent variable. Form the above Durbin Watson value it seems that there is a presence of the auto correlation in the data set lag generations or transformations would be resolve this issue. Table 4.1.2 From the above table the beta value of the exchange rate is -4011.980 means that there is a negative relationship exists among the exchange rate and the FDI therefore, our null hypothesis is not accepted. The VIF values indicate that there is also a presence of multi co linearity in the data set. Table 4.1.3 For resolving the issues of autocorrelation and multi co-linearity suitable transformations were applied on the data set in order to prepare the appropriate results. After applying the transformations the adjusted R Square value of the above table is -0.061 or -6.1% it means that the one unit change in the independent variable sets will bring out the -6.1% change in the variation of dependent variable. Form the above Durbin Watson value it seems that after the application of the transformation the problem of auto correlation in the data set has been resolved. Table 4.1.4 From the above table the beta value of the exchange rate is -0.31 means that there is a negative relationship exists among the exchange rate and the FDI therefore, our null hypothesis is not accepted. After the application of transformations the problem of multi co linearity in the data set is also resolved. 4.2. H2: Real GDP has a positive impact on Foreign Direct Investment Inflow in Pakistan. Table 4.2.1 The adjusted R Square value of the above table is 0.944 or 94.4% it means that the one unit change in the independent variable sets will bring out the 94.4% change in the variation of dependent variable. Form the above Durbin Watson value it seems that there is a presence of the auto correlation in the data set lag generations or transformations would be resolve this issue. Table 4.2.2 From the above table the beta value of the real GDP is 4243.439 means that there is a positive relationship exists among the real GDP and the FDI therefore, our null hypothesis is not rejected. The VIF values indicate that there is also a presence of multi co linearity in the data set. Table 4.2.3 For resolving the issues of autocorrelation and multi co linearity suitable transformations were applied on the data set in order to prepare the appropriate results. After applying the transformations the adjusted R Square value of the above table is -0.061 or -6.1% it means that the one unit change in the independent variable sets will bring out the -6.1% change in the variation of dependent variable. Form the above Durbin Watson value it seems that after the application of the transformation the problem of auto correlation in the data set has been resolved. Table 4.2.4 From the above table the beta value of the real GDP is -.438 means that there is a negative relationship exists among the real GDP and FDI therefore hypothesis is not accepted. After the application of transformations the problem of multi co linearity in the data set is also resolved. 4.3. H3: Democratic Government has a positive impact on Foreign Direct Investment Inflow in Pakistan. Table 4.3.1 The adjusted R Square value of the above table is 0.944 or 94.4% it means that the one unit change in the independent variable sets will bring out the 94.4% change in the variation of dependent variable. Form the above Durbin Watson value it seems that there is a presence of the auto correlation in the data set lag generations or transformations would be resolve this issue. Table 4.3.2 From the above table the beta value of the dummy variable/democratic government is -17128.3 means that there is a negative relationship exists among the dummy variable/democratic government and FDI therefore, our null hypothesis is not rejected. The VIF values indicate that there is also a presence of multi co linearity in the data set. Table 4.3.3 For resolving the issues of autocorrelation and multi co linearity suitable transformations were applied on the data set in order to prepare the appropriate results. After applying the transformations the adjusted R Square value of the above table is -0.061 or -6.1% it means that the one unit change in the independent variable sets will bring out the -6.1% change in the variation of dependent variable. Form the above Durbin Watson value it seems that after the application of the transformation the problem of auto correlation in the data set has been resolved. Table 4.3.4 From the above table the beta value of the dummy variable/democratic government is -.107 means that there is a negative relationship exists among the dummy variable/exchange rate and FDI therefore, our null hypothesis is not accepted. After the application of transformations the problem of multi co linearity in the data set is also resolved. CHAPTER 5 DISCUSSION,CONCLUSION, IMPLICATIONS, AND FUTURE RESEARCH 5.1 Conclusion: There were number of positive and negative effects of this foreign direct investment. The positive effects of foreign direct investment are; the investment means that foreign currency is coming into Pakistan. Whenever any company may be multinational invested in this country in terms of direct investment it means that they invested their currency into the country. It increased the foreign exchange reserves which are good for host country as they can be used in payments of debts or any kind of imports etc. Secondly more goods and services have produced and which can be exported to outside countries; so more foreign exchange can be earns through it. Foreign direct investment directly linked with the economic development of the host country and it also give benefit to the base country as they can access raw materials, can avoid trade barriers, will be near to the markets, can take advantage of cheap labors and lack of rules in host countries. Due to benefits host countries and industria lizes encourage foreign direct investment. Foreign investment proved as very important for the developing countries. In poor nations it is proves as significant driver of development. FDI provides many of the developing countries with great benefits which helped them in achieving their economic growth. Through foreign direct investment there will be many things which are coming to the developing nations. There will be inflow of foreign capital and funds which you can term as hot money coming to country. This capital can be invested into your business sectors to make it more worthy and profitable. Secondly there will be transfer of skills and technical expertise as if their entrepreneurs will come into your country and combine all the factors of production so then after results will be greater and larger than before. New technologies in shape of new capital equipments and software which can make factories totally automated will lower all the average costs and make it more efficient that it ever can be. Besides all of these sometimes local firms can also be squeeze out of the market due to the inferior equipment and much smaller resources than the large giants with foreign investments. This is the work of government that how they reshape their policies to bring in foreign direct investment into your favor and not letting down the overall economic conditions. Profits which may earn here can also be sent back to the base country rather than kept for the re investment in the host nations. Some multinationals also impose their cultures in the people of the host country. To avoid all this state should interfere with all the consumer protection laws, unfair competition, laws for employee protection, environment protection and also of location of industry. 5.2 Discussion and implication: Apart from these things when foreign investment comes into the country so then means that new opportunities could be created for many other firms too like they supply components and other things to the companies who are operating over here and has invested which will generate more employment and income for the citizens. Local firms can also be motivated to bring their quality up to the international standards as if they are supplying components to the multinationals. This thing will improve their productivity and it is good for the country so foreign direct investment is very beneficial. Foreign direct investment will bring in investments and hot inflow of money and capital along with the tax revenues for the government even after some exemptions. Companies or individuals who operate in your country after investment will pay some taxes to the government too. Government can re invest those revenues in other sectors for the welfare of the general public like in health or education sectors etc. 5.3 Future research: For future research, there are many advantages of high GDP rate like people can have more goods and services to consume; it will raise their living standards, secondly excess goods can be exported to outside countries so that foreign exchange can be earn through it. Higher GDP will give good image to the country in terms of many things; more and more foreign investors will come with their investments. People will be earning more so they can afford more other goods to purchase and secondly more incomes means more taxation for the government which it can spend on many other projects like schooling, health, defense, crime control etc. growth should result in improved standards of living in the country and higher profitability for the business. Foreign Direct Investment (FDI) Inflow In Pakistan Foreign Direct Investment (FDI) Inflow In Pakistan CHAPTER 1 Foreign direct investment refers to the amount of participation that inflows from country a to country b like in many developing countries it comes from developed countries or it can also come in developed country as net property income from abroad. Foreign direct investment can be positive or negative which then results to the inflow of direct investment. It does not include investments which are done on purchase of shares. Investments can be come from wealthy individuals, public or private companies, government bodies, group related enterprises etc (Herring and Richard Willett, 1999). Foreign investment proved as very important for the developing countries. In poor nations it is proves as significant driver of development. FDI provides many of the developing countries with great benefits which helped them in achieving their economic growth. Through foreign direct investment there will be many things which are coming to the developing nations. There will be inflow of foreign capital and funds which you can term as hot money coming to your country. This capital can be invested into your business sectors to make it more worthy and profitable. Secondly there will be transfer of skills and technical expertise as if their entrepreneurs will come into your country and combine all the factors of production so then after results will be greater and larger than before (Larkins and Dan, 1998). Foreign direct investment can affect the countrys economy in different ways. It can affect the GDP rate, exchange rates and government policies in different ways; the effects of foreign direct investment at GDP are very significant. In many countries it constitutes at higher percentages of GDP rates. When foreign investment comes to the country it means that the business activity flourishes in the economy. There will be more production taken place and more goods and services produced by whether incorporated or unincorporated companies, or individual firm or it can be group related to enterprises but in any case there will be more provision of goods as heavy investments are taking places in form of foreign direct investment. GDP is actually refers to the production of more goods in compare to the last year results so a countrys GDP will surely increases by foreign direct investment. Total output of the economy will be increased which increases the GDP level (Hoshi, Takeo, Anil, and Da vid, 1991). 1.2 Problem Statement To identify the relationship between interbank exchange rate, real GDP and Dummy variable with foreign direct investment inflow in Pakistan. 1.3 Research Hypothesis: H1: Inter Bank Exchange Rate has a positive impact on Foreign Direct Investment Inflow in Pakistan. H2: Real GDP has a positive impact on Foreign Direct Investment Inflow in Pakistan. H3: Democratic Government has a positive impact on Foreign Direct Investment Inflow in Pakistan. 1.4 Outline of the study Foreign direct investment helps here those countries in carrying out their plans like Pakistan got assistance in running its steel mill operation etc. in this way foreign direct investment helps a lot third world countries. Foreign direct investment is basically the inflow of capital or investment from outside countries whether in shape of any kind of assistance or full operations like multinationals etc. foreign direct investment produce positive productivity effect on host countries. The main importance of this direct investment is that the adoption of the foreign technology, and gets to knew about many things through licensing agreements, imitation, employee trainings, process innovation, and link between foreign and domestic firms. There will be more job opportunities as in developing countries like Pakistan unemployment is a basic problem too which will be solved by the inflow of foreign direct investment. There will be not be only the employment of people but all factors will be employed if foreign investment will come. Many countries like China, Singapore, South Korea and Malaysia are depending on this foreign direct investment and are moving towards the development quickly. Factor employments will create income generation and through the multiplier effects the round of spending will make the economy proper and developed. There are many nations who are poor and they cannot carry out some of the plans needed in their country like extracting of some natural resources which is very expensive and needs heavy machinery. Foreign direct investment helps here those countries in carrying out their plans like Pakistan got assistance in running its steel mill operation etc. in this way foreign direct investment helps a lot third world countries. 1.5 Definitions Foreign direct investment refers to the amount of participation that inflows from country a to country b like in many developing countries it comes from developed countries or it can also come in developed country as net property income from abroad. Foreign direct investment can be positive or negative which then results to the inflow of direct investment. It does not include investments which are done on purchase of shares. Investments can be come from wealthy individuals, public or private companies, government bodies, group related enterprises etc (Herring and Richard Willett, 1999). CHAPTER 2 LITERATURE REVIEW Foreign direct investment refers to the amount of participation that inflows from country a to country b like in many developing countries it comes from developed countries or it can also come in developed country as net property income from abroad. Foreign direct investment can be positive or negative which then results to the inflow of direct investment. It does not include investments which are done on purchase of shares. Investments can be come from wealthy individuals, public or private companies, government bodies, group related enterprises etc (Herring and Richard Willett, 1999). Foreign investment also comprises of multinationals which open there operating branches in your countries and perform their business operations like production of goods and services so in USA inflow from multinationals also helps in creating trading activities like surpluses can be exports to outside countries to earn good amounts of foreign exchange which will appreciate your currency. Foreign direct investment resulted in 30% of the jobs in the manufacturing sectors. Inward FDI also led to the capital flow in USA which means higher productivity and living standards (Jaffee, Dwight, and Thomas, 1996). India is the second largest destination of FDI after China. It is been stated by the surveys of UNCTAD that India has been facing massive growth through Transaction Corporation. The areas which has been strengthen through the inflow of foreign direct investments are, telecommunication, information technology and other major areas like chemicals, apparels, auto components, jewelry and pharmaceuticals. There are high investments from Mauritius mainly due to the routing international funds through the country giving significant capital gain tax advantages; as tax will be treated between India and Mauritius so double taxation will be avoided. On the other hand Mauritius is capital gain tax heaven so there will be zero tax in FDI channel (Hoshi, Takeo, Anil, and David, 1991). FDI inflows into India reached a record $19.5 billion in fiscal year 2006-07 (April–March), according to the governments Secretariat for Industrial Assistance. This was double of US $7.8bn in the previous year. In 2008 FDI was more than $35bn. Government of India has created many incentives for the investors. The areas which need more relaxations were civil aviation, construction development, industrial parks, petroleum and natural gas, commodity exchanges, credit-information services and mining. Due to the foreign direct investment the economy of India is getting prosperous, economic growth is coming into effect. The potential to be an economic superpower is going to depend on how the government can create incentives for FDI flow across a large number of sectors in India. FDI is also hitting the country of Morocco with its affects. It is ranked among 4rth in foreign direct investment ranking, according to the United Nations Conference on Trade and Development. Other 72 projec ts were also been approved in 2008 as statistics have shown. FDI increases the job opportunities to 40,023 which were direct and stable. Morocco is making many steps in making it clear destination for foreign direct investment which is really good for its economy and its people overall. Though there was a decline in foreign investment of 29% in 2008 due to the economic downturn but after then it will raised up to the level where it gets god image. The major investors of Morocco are European Union with France (1.86bln), Spain (783mln). Arab countries also invest in Morocco. In terms of sectors, tourism has the biggest share of investment with $1.55bln, which is 33% of the total FDI, followed by the real estate sector and the industrial sector, with respectively $930mln and $374mln (Harris and Ravenscraft, 2008). The best thing which is hit by foreign direct investment is the opportunity for the citizen of host country that is of employment and skills development. Through investment by companies of abroad business activity taken place in the country, more goods will be demanded so there will be more need of factors of production so that the demand will be meeting up. For this purpose more people will be employed by those companies and in return people enjoy good wages and higher living standards. Secondly to make the product internationally acceptable and of great quality many training programs are also been conducted which enhance the skills of the employees and their efficiency level (Dewenter, 2008). Resource flows to developing countries over the 1990s and has become a significant. Part of capital formation in the developing countries despite their share in global distribution of FDI continuing to remain small or even declining. The role of the foreign direct investment (FDI) has been widely recognized as a Growth-enhancing factor in the developing countries. The potential advantages of the FDI on the host economy are it promote the use and Exploitation of local raw materials, it enhances modern techniques of management and marketing, it eases the access to new technologies, hot capital inflow could be used for financing current account deficits, finance flows in form of FDI do not generate repayment of principal and interests (as opposed to external debt), it increases the stock of human capital via on the job training. FDI allows you to access the use of raw materials of the host country which means that it will promote its usage, a country can get absolute and comparative adv antages on the basis of it natural resources or any kind of material which can give it an edge. Secondly due to the foreign direct investment it is very sure that new technologies will be transfer to the host country and will make them more efficient and up to the international standards. Often multinationals carried out the training programs for the workers of host countries so in this case their expertise will be enhanced and their productivity will increase. If a country is facing current account deficit which means that its balance of payment position is worse and imports are higher than exports so here foreign direct investment plays an important role in financing your current account deficit (Harris and Ravenscraft, 2008). Hot inflow of money will offset your current account deficit with the flow of capital comes from outside countries in shape of inflow of foreign direct investment. That is how it affects your current account. The advantage of foreign direct investment is that it does not generate any interest payments or the return of principal amounts as opposed to the external debt. So in total foreign direct investment effect your GDP level, current account balance and your democratic government in different ways and mainly positive. Some negative effects of foreign direct investment are also here but that is depends on host government rules and regulations that how they strictly maintain the foreign direct investment into their favors (Froot and Stein, 1991). Foreign direct investment is basically the inflow of capital or investment from outside countries whether in shape of any kind of assistance or full operations like multinationals etc. foreign direct investment produce positive productivity effect on host countries. The main importance of this direct investment is that the adoption of the foreign technology, and gets to knew about many things through licensing agreements, imitation, employee trainings, process innovation, and link between foreign and domestic firms. Foreign direct investment directly linked with the economic development of the host country and it also give benefit to the base country as they can access raw materials, can avoid trade barriers, will be near to the markets, can take advantage of cheap labors and lack of rules in host countries. Due to benefits host countries and industrializes encourage foreign direct investment (Campa and Goldberg, 1995). It affects the economic growth by stimulating domestic investment, increasing human capital formation and by facilitating the technology transfer in the host countries. Foreign Direct Investment (FDI) has emerged as the most important source of external. Apart from exchange rates and GDP level inflow of foreign direct investment also effects your democratic government; like how they reshape their policies and incentives. Like if you investors are investing in your country they also will need some of the free hands incentives which will more attract them to invest. For this purpose the government of host country will be reshaping their policies somehow like low corporate and income tax rates, tax holidays will be given to them, special economic zones will be created, export processing zone will be come into existence, financial subsidies, infrastructure subsidies, RD supports and many other things to relax them so that they will invest more (Rodriguez, 1998). Besides all these foreign direct investment will be having great impact on GDP level. Local output will increase as more production of gods will be taken place. More production means that your country is having more number of commodities ever than before so real output is increasing means GDP level. Increase in GDP will surely have good effects on your economy. Economic growth will come into effect. More employment will be there and factor payments will lead to the multiplier effects which means more and more income generation and economy will reaches to its equilibrium level (Dewenter, 2008). Resource flows to developing countries over the 1990s and has become a significant Part of capital formation in the developing countries despite their share in global distribution of FDI continuing to remain small or even declining. The role of the foreign direct investment (FDI) has been widely recognized as a Growth-enhancing factor in the developing countries. The potential advantages of the FDI on the host economy are it promote the use and Exploitation of local raw materials, it enhances modern techniques of management and marketing, it eases the access to new technologies, hot capital inflow could be used for financing current account deficits, finance flows in form of FDI do not generate repayment of principal and interests (as opposed to external debt), it increases the stock of human capital via on the job training (Huang and Walkling, 1997). FDI allows you to access the use of raw materials of the host country which means that it will promote its usage, a country can get absolute and comparative advantages on the basis of it natural resources or any kind of material which can give it an edge. Secondly due to the foreign direct investment it is very sure that new technologies will be transfer to the host country and will make them more efficient and up to the international standards. Often multinationals carried out the training programs for the workers of host countries so in this case their expertise will be enhanced and their productivity will increase (Itagaki, 2000). If a country is facing current account deficit which means that its balance of payment position is worse and imports are higher than exports so here foreign direct investment plays an important role in financing your current account deficit. Hot inflow of money will offset your current account deficit with the flow of capital comes from outside countries in shape of inflow of foreign direct investment. That is how it affects your current account. The advantage of foreign direct investment is that it does nohat generate any interest payments or the return of principal amounts as opposed to the external debt. So in total foreign direct investment effect your GDP level, current account balance and your democratic government in different ways and mainly positive. Some negative effects of foreign direct investment are also here but that is depends on host government rules and regulations that how they strictly maintain the foreign direct investment into their favors (Craine, 1999). Economic growth may mean that we are using are scarce resources swiftly so that they can depleted. Oil, coal, metals other natural resources are in limited supply and can be run out if we use them so quickly. If they do run out then there can be no more capital goods, food supplies may diminish and the population of world may suffer but this can be control through conservation process. Conservation means that you saved up some amount of scarce resources for our future generation rather than consuming it all at once for present people so by it we can save for the upcoming people of the country (Klein and Rosengren, 1994). Foreign direct investment if comes in the country so that will be definitely mean that more and more factories will be opening in the host country or if it comes for the existing factories like extracting of some natural resources etc so that means expansion of those factories. More and more factories and business sites means that there is though more land is available to produce more goods and services but less for other activities like recreational activities or parks etc. these can also destroy the plants and animals. The solution to this problem is that government should restrict the areas where these factories can be located and only allow there to operate. Those areas should be keeping away from residential locations so that normal citizens should not get affected. Factories should be more on barren land and regions so that fertile lands and animals would not get affected too. Growth also comes with many benefits so government cannot stop it. The best thing in this situation go vernment tries to do is to achieve sustainable growth. Sustainable growth means that along with the foreign investment, which is coming into the country government should try to minimize the harmful effects and should maximize the benefits so that resources and further things can be secured for the upcoming generations too (Hartman, 1992). There are also some of the negative aspects of foreign direct investment. There are some issues which are related like operation, distribution of the profits made on the investment and the personnel.economic backward section is always get effected of the host country when foreign direct investment is negatively affected. It is the responsibility of the host country to limit the effect of the foreign direct investment. They should make sure that countries which are making foreign direct investments should abide all the laws relating to environmental, governance and social regulations that are laid down country. However there can be some negative effects of economic growth too, means higher and higher GDP can affect your economy and people in it in a different manner too. There can be an opportunity cost of growth; economic growth may achieved by producing more capital goods but at the expense of less consumer goods like television, fashionable clothes etc but this can be in short run as in long run people will be enjoying more and more consumer goods and higher living standards due to the sustainable growth which has been achieved (Baldwin and Krugman, 1999). CHAPTER 3 RESEARCH METHOD This chapter explains the methodology used for this research study. This study focused on finding the factors affecting inflows of foreign direct investment in Pakistan. A method is a tool that can help solve problem and research new knowledge. This chapter also gives the methods to evaluate validity and reliability of the research for the factors associated with direct investment in Pakistan. 3.1. Data used: This research was carried out through Secondary Data. 3.2. Method of data collection: Data of Foreign Direct Investment and Real GDP is collected through State Bank of Pakistan, website and from Economic Survey of Pakistan and Data for Interbank exchange rate was collected through different websites like www.Oanda.com and www.indexmundi.com. 3.3. Sample size: Sample data of last 39 years is to be taken. Data has been taken from the year 3.4. Statistical tool used: In order to measure the relationship between the To Identify the relationship between Interbank Exchange Rate, Real GDP, and Dummy variable with Foreign Direct Investment Inflow in Pakistan. Regression is used as a statistical tool in this research. SPSS software is used to evaluate the relationship between the variables. CHAPTER 4 RESULTS 4.1. H1: Inter Bank Exchange Rate has a positive impact on Foreign Direct Investment Inflow in Pakistan. Table 4.1.1 The adjusted R Square value of the above table is 0.944 or 94.4% it means that the one unit change in the independent variable set will bring out the 94.4% change in the variation of dependent variable. Form the above Durbin Watson value it seems that there is a presence of the auto correlation in the data set lag generations or transformations would be resolve this issue. Table 4.1.2 From the above table the beta value of the exchange rate is -4011.980 means that there is a negative relationship exists among the exchange rate and the FDI therefore, our null hypothesis is not accepted. The VIF values indicate that there is also a presence of multi co linearity in the data set. Table 4.1.3 For resolving the issues of autocorrelation and multi co-linearity suitable transformations were applied on the data set in order to prepare the appropriate results. After applying the transformations the adjusted R Square value of the above table is -0.061 or -6.1% it means that the one unit change in the independent variable sets will bring out the -6.1% change in the variation of dependent variable. Form the above Durbin Watson value it seems that after the application of the transformation the problem of auto correlation in the data set has been resolved. Table 4.1.4 From the above table the beta value of the exchange rate is -0.31 means that there is a negative relationship exists among the exchange rate and the FDI therefore, our null hypothesis is not accepted. After the application of transformations the problem of multi co linearity in the data set is also resolved. 4.2. H2: Real GDP has a positive impact on Foreign Direct Investment Inflow in Pakistan. Table 4.2.1 The adjusted R Square value of the above table is 0.944 or 94.4% it means that the one unit change in the independent variable sets will bring out the 94.4% change in the variation of dependent variable. Form the above Durbin Watson value it seems that there is a presence of the auto correlation in the data set lag generations or transformations would be resolve this issue. Table 4.2.2 From the above table the beta value of the real GDP is 4243.439 means that there is a positive relationship exists among the real GDP and the FDI therefore, our null hypothesis is not rejected. The VIF values indicate that there is also a presence of multi co linearity in the data set. Table 4.2.3 For resolving the issues of autocorrelation and multi co linearity suitable transformations were applied on the data set in order to prepare the appropriate results. After applying the transformations the adjusted R Square value of the above table is -0.061 or -6.1% it means that the one unit change in the independent variable sets will bring out the -6.1% change in the variation of dependent variable. Form the above Durbin Watson value it seems that after the application of the transformation the problem of auto correlation in the data set has been resolved. Table 4.2.4 From the above table the beta value of the real GDP is -.438 means that there is a negative relationship exists among the real GDP and FDI therefore hypothesis is not accepted. After the application of transformations the problem of multi co linearity in the data set is also resolved. 4.3. H3: Democratic Government has a positive impact on Foreign Direct Investment Inflow in Pakistan. Table 4.3.1 The adjusted R Square value of the above table is 0.944 or 94.4% it means that the one unit change in the independent variable sets will bring out the 94.4% change in the variation of dependent variable. Form the above Durbin Watson value it seems that there is a presence of the auto correlation in the data set lag generations or transformations would be resolve this issue. Table 4.3.2 From the above table the beta value of the dummy variable/democratic government is -17128.3 means that there is a negative relationship exists among the dummy variable/democratic government and FDI therefore, our null hypothesis is not rejected. The VIF values indicate that there is also a presence of multi co linearity in the data set. Table 4.3.3 For resolving the issues of autocorrelation and multi co linearity suitable transformations were applied on the data set in order to prepare the appropriate results. After applying the transformations the adjusted R Square value of the above table is -0.061 or -6.1% it means that the one unit change in the independent variable sets will bring out the -6.1% change in the variation of dependent variable. Form the above Durbin Watson value it seems that after the application of the transformation the problem of auto correlation in the data set has been resolved. Table 4.3.4 From the above table the beta value of the dummy variable/democratic government is -.107 means that there is a negative relationship exists among the dummy variable/exchange rate and FDI therefore, our null hypothesis is not accepted. After the application of transformations the problem of multi co linearity in the data set is also resolved. CHAPTER 5 DISCUSSION,CONCLUSION, IMPLICATIONS, AND FUTURE RESEARCH 5.1 Conclusion: There were number of positive and negative effects of this foreign direct investment. The positive effects of foreign direct investment are; the investment means that foreign currency is coming into Pakistan. Whenever any company may be multinational invested in this country in terms of direct investment it means that they invested their currency into the country. It increased the foreign exchange reserves which are good for host country as they can be used in payments of debts or any kind of imports etc. Secondly more goods and services have produced and which can be exported to outside countries; so more foreign exchange can be earns through it. Foreign direct investment directly linked with the economic development of the host country and it also give benefit to the base country as they can access raw materials, can avoid trade barriers, will be near to the markets, can take advantage of cheap labors and lack of rules in host countries. Due to benefits host countries and industria lizes encourage foreign direct investment. Foreign investment proved as very important for the developing countries. In poor nations it is proves as significant driver of development. FDI provides many of the developing countries with great benefits which helped them in achieving their economic growth. Through foreign direct investment there will be many things which are coming to the developing nations. There will be inflow of foreign capital and funds which you can term as hot money coming to country. This capital can be invested into your business sectors to make it more worthy and profitable. Secondly there will be transfer of skills and technical expertise as if their entrepreneurs will come into your country and combine all the factors of production so then after results will be greater and larger than before. New technologies in shape of new capital equipments and software which can make factories totally automated will lower all the average costs and make it more efficient that it ever can be. Besides all of these sometimes local firms can also be squeeze out of the market due to the inferior equipment and much smaller resources than the large giants with foreign investments. This is the work of government that how they reshape their policies to bring in foreign direct investment into your favor and not letting down the overall economic conditions. Profits which may earn here can also be sent back to the base country rather than kept for the re investment in the host nations. Some multinationals also impose their cultures in the people of the host country. To avoid all this state should interfere with all the consumer protection laws, unfair competition, laws for employee protection, environment protection and also of location of industry. 5.2 Discussion and implication: Apart from these things when foreign investment comes into the country so then means that new opportunities could be created for many other firms too like they supply components and other things to the companies who are operating over here and has invested which will generate more employment and income for the citizens. Local firms can also be motivated to bring their quality up to the international standards as if they are supplying components to the multinationals. This thing will improve their productivity and it is good for the country so foreign direct investment is very beneficial. Foreign direct investment will bring in investments and hot inflow of money and capital along with the tax revenues for the government even after some exemptions. Companies or individuals who operate in your country after investment will pay some taxes to the government too. Government can re invest those revenues in other sectors for the welfare of the general public like in health or education sectors etc. 5.3 Future research: For future research, there are many advantages of high GDP rate like people can have more goods and services to consume; it will raise their living standards, secondly excess goods can be exported to outside countries so that foreign exchange can be earn through it. Higher GDP will give good image to the country in terms of many things; more and more foreign investors will come with their investments. People will be earning more so they can afford more other goods to purchase and secondly more incomes means more taxation for the government which it can spend on many other projects like schooling, health, defense, crime control etc. growth should result in improved standards of living in the country and higher profitability for the business.

Personal Reflection on Learning and Development

Personal Reflection on Learning and Development Within this assignment I will demonstrate the knowledge gained in my practice since starting my post qualifying degree and consider my future learning and development. This training has been about gaining or updating knowledge, but I have also gained further insight into how I work as a practising social worker, I would agree to Gillian Ruchs (lecture notes, February 2008) comments about taking care of yourself quoting Simmonds, le Riche and Tanner that: Knowledge of others cannot be acquired without knowledge of oneself. Knowledge of others cannot be substituted for knowledge of oneself. Knowledge of oneself cannot be acquired without a relationship with others. (Simmonds, in le Riche and Tanner 1998:96) Focus on the Child Assignment on Observation of child in Nursery or play group: For this unit I had to observe a child between the ages of 0-5 years. I had mixed emotions and anxieties. The anxiety was about visiting a place I had very little knowledge of, what would I be observing? What would the young person I was observing be like? Was I competent enough? This helped me to reflect on my own anxieties when visiting children in need in their homes. It has been an important learning experience to understand the impact of my presence that might have on children and their families. The challenge was to observe a child without any specific reasons or concerns with regards to that child. Therefore observing a child without any professional skills of communicating and engaging children, raised the question: How can a professional give up the sense of being in control and become a student again, lay down ones tools and simply be open to what is happening? (Segal 2002-3, p16). Reflecting on this activity I realised the danger in my actual practice. All of us have our own preconceptions, our particular mind sets and prejudices. We have a tendency to see what we are looking for and to look for only what we want to know about. Rarely do we take time to stop and watch intently. These observations sessions offered me with the opportunity to develop ability to remain detached, to suspend judgements and refrain from participation. Assignment on ADHD: I was able to consider current research and ways of supporting children with ADHD and their families. Throughout my research for this assignment I found little evidence that socioeconomic and environmental factors caused ADHD, I also found little evidence that poor parenting or a hectic home life caused ADHD. There are different approaches to treatment of ADHD such as Medical approach and Behavioural modification approach. To date it is unknown what actually causes this condition, which is arguable and so makes it much more difficult in treating ADHD. In addition to this some of the researches suggest that the medications for ADHD can cause potentially harmful side effects and does not treat the cause of Attention Deficit Disorder. I am aware that most doctors would argue that the medication used is safe and beneficial. However in my opinion it is important to recognise that ADHD is a disorder that is managed and not cured. Therefore it is essential for all agencies to work together: medically, socially and educationally, with a common understanding of the whole approach for treatmen t. Behaviour management techniques take time and great patience on everybodys part. But the techniques have been shown to be very effective. In my experience the importance is given to curative rather than preventive measures. I am of the opinion that children with ADHD should get a package of treatments involving the medicines which are closely monitored by doctors and parental involvement with other agencies support for them to manage the childrens behaviour with setting appropriate boundaries. Practice in Partnership with Children, Young People, Their Families and Carers This piece of work highlighted the importance of working in partnership with professionals as well as families to get the best possible outcome for the children. For this particular assignment I tried to reflect on my own understanding about working in partnerships whilst working with the family. Family Rights Group suggests a definition of partnership, Partnership is for each other, rights to information, accountability, competence and values accorded to each individual input. In short, each partner is seen as having something to contribute, power is shared, decisions are made jointly and roles are not only represented but backed by legal and moral rights. (Family Rights Group, 1991). Childrens safety and welfare should be paramount. A learning curve for me was the understanding of importance of self awareness and how this helps to promote the service users best interests (Ruch 2005). It was crucial to consider theories of attachment, child centred services and task centred approach, whilst working with the family to achieve best outcome for the family. It is important to be mindful to practice in an anti oppressive and anti discriminatory way at all times. It was enriching experience to recognise the importance of doing assessment with the families and not on the families a ddressing power imbalance between professionals and service users. Participation, partnerships and networks Research Report This unit gave me opportunity to study thoroughly on one specific subject. As a practitioner working in a very busy front line team it is always hard to go back to become student to learn and unlearn. I was always interested in gaining in depth knowledge in the area of unaccompanied asylum seekers. This study answers the question, Can Collaborative Practices be developed to enhance the services for Looked after Children with specific reference to Unaccompanied Asylum Seeker Children [UASC]. Collaborative working is often used to refer to the process of working together with other professions (Quinney 2006: 10; Balloch and Taylor 2001) with Whittington (2003) defining it as partnership in action (Whittington 2003:16). This area was chosen due to the authors experience of working in a front line team where such examples of working collaboratively with professionals when dealing with UASC are prevalent, and strategies for improved collaboration are always needed. Home office reports that there are approximately 360 children are trafficked into and within the UK each year. Therefore it is therefore necessary when considering what strategies need to be developed to address these shortcomings and to build on pieces of practice that supports all the professionals including fosters carers and social workers to ensure the children are protected. The study also raises flaws in training to both carers and social workers with regards to current legislation and policies to be practiced. Lack of understanding of such important information may result in ineffective responses to identify the risk factors and react efficiently towards it. This study gave me opportunity to acquire conceptual understanding and recommendations for my future interventions with such vulnerable group of children. Innovative Regulatory Practice Group Presentation This particular unit turned out really very hard due to many reasons. The members of my group were from same place and I was not in the same area. Initially there were difficulties of distance and co ordination and I started feeling left out. However with confrontation and with the help from tutors we managed to come up with a good plan of actions and the presentation was prepared as a group activity. I was able to reflect on my style, creativity and interpersonal skills and used them all to be creative in the presentation. I enjoyed researching a topic that I needed further knowledge of: the subject of Trafficked children, which has proved very useful in my work for me and colleagues. On reflection it has shown me how research and knowledge can be effectively used and strategies can employed in working with people to change things together and develop new ways of working which improve practice, knowledge and skills. This very much linked with my Research topic and gained further kno wledge in subject matter. Enabling Others Taking a role as work based supervisor for a final year student for their 6 months Placement in the team This unit enabled me to reflect on my own practices and support a student in placement. I am aware that people work and learn differently and have different needs. I have learnt the importance of balancing and developing my own theorist and reflector styles of learning which has been facilitated by my post graduate training. It has been valuable to understand my own position to be able to recognise and consider other peoples perspectives in my styles of learning. This analysis enabled me to use different approaches and strategies to help students and others to learn and develop. I am more confident to enable others in the work place. I am able to use the theoretical knowledge gained from the course and practical experiences to enable my student to acquire the same. Aims for the Future As social workers we are tasked with making judgments and decisions about individuals lives on a daily basis it is therefore essential that analysis and reflection take place to ensure that those decisions are the right ones. To do this job effectively requires self-knowledge, support and professional competence at the very least. The nature of the training, ongoing supervision and consultation that are required is something that needs urgent attention at many levels (Rustin 2005, p19 in Ruch, 2008). The knowledge gained in completing my post qualifying degree will enable me to incorporate critical reflection into my everyday work practice with service users, student social workers and other professionals across agencies. As usual, social workers are seen to be the reasons why children die when incidents happen. There is a great responsibility on everyone to try to change our culture of blame and help develop personal responsibility and sense of community. Having a more thorough knowledge of the process of change, everyone is different and has different views, enables me to work in such an environment. The course has provided an opportunity to be challenged, learn new things and make sure that I continue to do so.