Chinese penetration of the LATAM market Thesis

Chinese penetration of the LATAM market - Thesis Example Consolidation of the Previous Growth and Second Round of Expansion (1964 – 1973)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦27 c. Growth of Brazil (1974 – 1983)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...28 d. Brazil as an emerging market†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦.....31 2. Brazil: Position as an Emerging World Economy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.35 C. Strategy of China in Import and export to Brazil†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..37 1. Chinese industrialization and demand for raw material†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦39 2. Chinese liberalization and growth of Chinese trade with BRIC countries†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..40 3. Chinese trade with Brazil†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...45 a. trade in Soybean†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.47 b. trade in soy oil†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦47 c. trade in textile†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.48 4. Trends in Sino-Brazil trade and the emerging debates†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.49 5. Chinese investment in Brazil†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..51 6. Mergers and... In this paper we try to see the impact of this development on the United States. At the end of the paper we shall try to address the question of the opportunities and threats in the short run as well as long run for both the countries as a result of this strategic partnership. The world in the last few decades has experienced a major degeneration of the old production relations and the consequent political ties. Free trade agreements and bilateral pacts characterize the trade pattern in a new global economy characterized by increased connectivity and interaction among the market’s diverse stakeholders. This integration of the markets has immensely benefited some countries while adversely affecting others. The adoption of the free trade regimes by some of the developing countries in the past few decades has resulted in an unprecedented growth in these countries. It has also led to a decline of the former dependence of these countries on the advanced countries and on internation al institutions like the IMF and the WTO. A notable example of tremendous growth experienced by a country in the context of liberalization is that of China. The tremendous production capacity at the most advantageous costs has led the country on a fast paced growth trajectory that has attracted the attention of many of the developing countries while threatening the market dominance of a number of economic superpowers. For years China had remain closed to the outside world.

Justification Report Memorandum Essay Example | Topics and Well Written Essays - 1000 words

Justification Report Memorandum - Essay Example The results of the survey proved to be increasingly enlightening. We had known that the problem existed, however we had no idea that it was so acute. We received 56 complaints out of the average 90 families we served in our restaurant last week only. The customers were questioned about the quality of food, the type of service, overall experience and cleanliness at the restaurant. The problems most concerning our customers are best represented by the graph below through the information collected by the survey. As we had predicted, our quality of service was rated as the worst amongst the four factors. As the graph shows, our second most frequent complain was about the lack of uniqueness in the environment in our restaurant while our food quality and cleanliness factors have been rated top notch by most customers. Some serious remedial steps need to be taken to avoid further loss of customers and taint the image of the restaurant forever. This report presents why customer service is such an important factor for a top-of-line restaurant like ours and what steps can be taken to remedy, and even enhance the restaurant's image and performance. These days creating a dining experience for the customers making them come back for more means a lot more than just great food and attentive table service (Kharasch, 2007). Hiring an interior decorator to improve on the ambience makes a lot of sense especially when customers complain about ambience second most frequently. Improving the environment of the restaurant and creating a memorable experience for the customers will definitely help to compensate for the occasional sluggishness in quality of food and service. People would want to spend more time in the restaurant thus any time delays to deliver food or bills won't even register to the customer's minds. Also more time the customer stays in the restaurant, more likely the chances that more orders will be made. (Rainsford and Bangs, 2000) Technical Feasibility No technicalities involved Economic Feasibility High cost for interior decoration Operational Feasibility No operational difficulties Alternative 2 The restaurant currently has a staff of more than 26 employees of which 18 are always on duty. The daily average customer inflow is approximately 110 while on weekends the average is around 180 when all 26 employees are required on duty. There seem to be enough servers even in the peak hours however the customers have to wait a long time. Hiring additional staff seems to be a likely option for the restaurant. With more chefs on hand, the food can be prepared much quicker and more servers can deliver the food to the customers quicker. Part time hiring of 2 chefs and 3 servers for weekdays and 5 chefs and 10 servers for weekends will most-likely solve the issue at hand. Part time employment will be beneficial for the restaurant for its lower cost and for the employees as well due to its flexible nature. (Rainsford and Bangs, 2000) Technical Feasibility Quality dispersion Economic Feasibility High costs for hiring and training new employees Operational Feasibility Too many cooks spoil the broth Alternative 3 Mechanization is being used in most of the industries nowadays. In fact now the world is moving towards incorporating information

Computing Dissertation Written Report Essay Example | Topics and Well Written Essays - 1000 words

Computing Dissertation Written Report - Essay Example The area of e-learning has had development on the internet but it is an area that most people are not using for entertainment value. This is an important issue to think about when creating an e-learning website. People would not visit a site for fun; they will however visit for a specific purpose and choose not to use it again. To resolve this issue, visitors registering with the website should be welcomed and instantly facilitated to see the various communities in action. They may then choose to subscribe in one of them. Since learners are now engaged with computers, they lack a natural social outlet which can lead to feelings of isolation.   Because isolation is a major contributor to attrition (Morgan & Tam, 1999), one potential strategy for reducing users leaving the site is to encouraging users to support each other and a sense of belonging to a community.   The task of this paper is to structure the website so learners have mechanisms to connect with each other and form communities. Selznik (1996) identifies seven elements of community: history, identity, mutuality, plurality, autonomy, participation, and integration. With respect to virtual learning communities, Schwier (in press) adds: an orientation to the future, technology, and learning. Some of these characteristics of community will be present from the beginning. Others, the cohort will have to grow into. There is an importance to detail these 10 characteristics, and discuss how they can be used for purposes of this website. Selznik notes that communities are stronger when their members share history and culture, rather than simply abstract general interests. They build an identity and sense of belongingness. Schwier’s suggested strategies for fostering identity include team-building exercises, developing community logos, and public acknowledgement of individual and group accomplishments within the community. He also noted the importance of articulating the

How do the Bankers Bonuses Affect the Investment Behaviour Research Paper

How do the Bankers Bonuses Affect the Investment Behaviour - Research Paper Example The concerns and the perception have changes and numerous controversial ideas have changed the bankers’ bonuses ideologies significantly. Therefore, the research aims at identifying and analyzing the effects of bankers’ bonuses to the banking investment especially in relation to the performance of the banks. The main aim of the bonus banking is to balance long-term and short-term value creation and satisfying accountability of the stakeholders with the intent of attracting, retaining, and motivation talent. However, what is the underlying reality of this motivational system The research shall answer this concern by seeking the  response to the following question: In the journal, Banker’s pay structure and Risk, John Thanassoulis addresses the contrasting problems facing the banks and bankers. According to Thanassoulis, these contrasting banking problems are embedded in the competitive labor market where the banks are seeking best talents. Additionally, Thanassoulis notes that banks often use various motivation efforts that vary with the remuneration. However, the introduction of the remunerations motivations makes banks risk shifting problems by creating incentives that will only inflate the early earnings of the managers. In most cases, the management of some bonuses is of deferred optimally. Thanassoulis further notes that

Finance Essay Example | Topics and Well Written Essays - 1250 words - 9

Finance - Essay Example Unlike security bonds that have fixed flow of cash, stock is an equity security that guarantees individual shareholders a proportionate ownership in a business. Some of the corporate values that shareholder gets including right to vote and periodic payments from the investment returns called dividends (Ferraro 2009, pg. 10). Like financial assets, the value of the invested stock will be the discounted value of prospective cash flow in the future. Stock fundamental value is reflective of any dividends and the sale price of the stock in the future (Arnold 2007 p.225). One of the cornerstone elements of stock valuation is the Price-to-Earn-Ratio (P/E) it links stock prices changes to the valuation of stock. In the financial market, P/E dictates the prices of stock and the subsequent effect on overall organization stock value. Besides, this ratio shows how long wills a particular stock take to pay back the investor capital if there is stagnation of the business. For instance, a stock trading at $20 with a return of $2 per individual share has a P/E of 10. Essentially, this means that an investor will get the capital invested back (Arnold 2007, p.225). Arnold (2007 p.225) notes that the stock pricing is a cornerstone in valuation of stock. Entrepreneurs values the stock in terms of their ability to return the money invested. Besides, an important financial ratio is Dividend Yield (DY), this identifies return from the investment. The higher the DY, the higher the value of the stock in the market. The critical determinants of DY are purchasing prices and selling prices of a particular stock. Inconsistent and lower dividends reflect low valued stock and thus, poor stock prices in the stock markets. Valuing a stock uses numerous market indexes such as Nasdaq and OTC methods. In each of them, the fundamental value of stock rests on the existing market prices and future prospects.

Fmla Persuasive Speech Essay Example for Free

Fmla Persuasive Speech Essay THESIS: American families will benefit from Family Security Insurance. STATEMENT OF SIGNIFICANCE: If your like me, youre getting a college degree to not only provide your self with an income, but also to take care your family members in their times of need. STATEMENT OF CREDIBILITY: I have found through researching work and family in the United States, that we as a country are doing a poor job supporting parents, and I have found a policy that I believe would help. PREVIEW OF MAIN POINTS: First, well examine why working families need a better safety net today than working families have in the past, second, well take a look at how current laws are not doing enough to protect families from hardship in the current workforce, and finally, well understand how a modest proposal will make a dramatic difference for the lives of American families. BODY I. Working families need a better safety net in todays workforce. A. The problem is that todays workplaces have not caught up with societal changes. 1.The work-life balance is getting increasingly harder for women because the current economic situation requires two earners. 2.Bankruptcy expert Elizabeth Warren stated that two-incomes are needed to make ends meet for middle class families in a 2006 article for the Social Science Research Council. B. This problem has the consequences that more children and women living in poverty. Elizabeth Warrens 2003 book The Two-Income Trap, she states that having a child is now the single best predictor that a woman will end up in financial collapse. The US Census Bureaus 2011 data show among women who head families, 4 in 10 lived in poverty (up from 38.5 percent in 2009). The child poverty rate, already high at 20.7 percent in 2009, jumped to 22.0 percent last year. More than half of poor children lived in female-headed families in 2010. C. This problem started when health insurance, middle class taxes and housing prices experienced a sharp increase, yet incomes remain flat. 1. Warren illustrates that there is a paradox, because families make more, yet have more money but less income to save. 2.The addition bump in income has placed families in a higher tax bracket giving them another financial burden. The cost of child care is another financial burden. D. This problem has the largest impact on middle class and poor families. 1.Joan C. Williams writes in her 2010 book Reshaping the Work Family Debate that many single mothers are one sick child away from being fired. 2. Elizabeth Warren points out that now, more children will live through their parents bankruptcy than their parents divorce. TRANSITION: Now that I have shown you that working families need a better safety net, let me tell why todays workplaces is placing families in a precarious position. II. Working families are going to workplaces where the current laws dont do enough, and rules still represent the outdated society of the 1960s. A. The current law, Family and Medical Leave Act (FMLA) doesnt go far enough. 1. Under the current Family and Medical Leave Act, parents are only offered legal protection from getting fired for taking a leave of absence to care for newborn or sick family members. 2. According to a 2010 report from Georgetown University Law Center and the University of California Berkeley, the FMLA protections reach only half the workforce because it excludes small businesses. 3. The FMLA provides protection for workers to take only unpaid leave, which many workers cannot afford. B. Few are advocating for changes in FMLA, so working mothers often quit their jobs when they have a baby or there is a family crisis, which is making America fall behind in the global market place. 1. According to Edward E Gordans 2009 book Winning the Global Talent Showdown a lack of family friendly workplaces is causing a stampede of new mothers out the office door. 2. Gordon concludes that Americas inability to retain talented women is making America less competitive in a global economy. C. Working families today are still working under workplace norms from the 1960s. 1. Joan C Williams notes that in the 1960, only 10 percent of mothers worked and only 10 percent of couples divorced. 2. Today, 70 percent of American children live households where both parents work and 40 percent of couples divorce. 3. Today, many families will end up in economic ruin if only one spouse works. TRANSITION: Finally, since the workplace norms and current laws have not caught up to our changing society, lets look at a policy that could provide some relief to families. III. Working families would benefit greatly from Family Security Insurance (F.S.I.) policy initiative co-authored by researchers at Georgetown University Law Center and the University of California at Berkeley in 2010. A. Family Security Insurance would provide paid leave to both men and women for health and care-giving reasons. The policy could be implemented by the State or Federal Governments The policy would pay a federal minimum wage for up to 18 weeks. a. This pay is taxable, b. We could also provide baby bonus (appox. $5000.) to parents who dont take the leave to offset the cost of child-care. c. This policy has already been implemented in Australia in 2010. B. Lew Daily of Newsweek, Aug 3rd, 2009 published 2007 study from McGill University found that out 173 America is â€Å"among the worst† for supporting families. 1.We stood with only Liberia, Swaziland, and Papua New Guinea as the only countries providing no paid maternity leave. 2. Of all the wealthy countries, excluding ours, parents are entitled to up to 47 weeks of maternity leave. 3. Australias 2011 Paid Leave Scheme is the most modest; least costly of all industrialized nations family leave acts. C. Some would argue that implementing a broader family leave act would hurt businesses. 1. A broader family leave act will lead to better business outcome. 2. It would retain talented workers who have families. Paid time off for sick employees would aid in full recovery causing less chronic conditions saving businesses money on healthcare. 4 Recent research at Georgetown University Law Center and U of C Berkeley found parents receiving paid leave to care for a new born came back to work afterward and were more productive overall. D. How to help Washington State lead the way with Family Security Insurance. 1. Write your congresswoman, Jaime Herrera Beutler, expressing your concern for the families of Washingtons 3rd district. 2. Raise awareness by talking to your friends and family. 3. Call your parents and say thank you for whatever choices they have made to get you here. CONCLUSION REVIEW OF MAIN POINTS: Today, we have first examined why working families need a better safety net in the current workplace, second we have looked at how the current laws are not doing enough to protect families in 2012 from financial hardship , and finally we understand how a modest proposal could go a long way toward making American families more secure.

Impacts of Tourism Deregulation and National Security

Impacts of Tourism Deregulation and National Security National security has always been an issue dating back to as early as when man started organizing himself in society. Tourism has become a major pillar of modern-day economies and cultures. This research examines the impact of tourism deregulation or the simplification of government rules and requirements on tourism to national security. The study will also cover areas on importation of terrorism through tourism; compare tourism crime and other types of crime and finally investigate the changes in crime rate in countries that deregulate tourism. The resident attitudes towards the impacts of deregulation of tourism on national economy will be explored. Questionnaires and simple random sampling will be used to collect data from the respondents. The data collected will be analyzed using the statistical package for the social sciences. The findings of the study will be presented using pie charts and graphs. CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Tourism and security are interrelated and inseparable. The security of the tourists is the primary concern of every host government because of it only where they feel safe that they will spend and visit again. The current economic state of most countries has presented a problem because governments have to come up with ways of raising foreign earnings to raise money to service the national debt and keep the economy afloat. One of the solutions has been to simplify government regulations for the tourism industry to attract more traffic. While this has been successful in most countries, recent evidence has raised questions of what effects lower standards for tourists have on the national security of the host country. Tourism is a delicate and dynamic industry. Although tourists have specific countries they want to tour based on experience, recommendation or the spirit of adventure, it is worth noting that some tourists have other agendas. It is impossible to know legitimate tourists from people with hidden agendas such as terrorists without the proper legislation. At the same time tourists are usually free to travel to destinations of their choice avoiding destinations associated with risk. It has been observed that the consequences of disastrous events on tourist destinations are spontaneous and adverse. Some of the insecurity concerns include terrorism of any kind where governments issue travel advisories to their citizens to not visit the affected country. A problem presents itself when the tourism has been imported in the guise of tourism, such that terrorists disguise themselves as normal tourists to enter countries. If stringent laws for immigration were to be put in place as they were befo re, it would be possible to pick the wheat from the chaff. According to (Zurick, 2006) the concept of security has changed through the decades from one of collective security and common defense to embrace notions of common and cooperative security. Despite the damage done to the concept of collective security because of the United States led invasion of Iraq, the development of common security structures through collective as well as multilateral frameworks such as the United Nations is still an important aspect for the expansion of security concerns to cover a nationà ¯Ã‚ ¿Ã‚ ½s environment, health and economic security threats. This research also considers that tourism organizations have little influence on peace and security agendas despite the fact that they are important for tourism. This is particularly at the micro-level whereby appropriate tourism development initiatives may serve as a means to prevent potential future conflict over resource and environmental security challenges. 1.2 Safety, security and destination image The world has become a global village and the global relationships have become turbulent, this has therefore called for destination marketing organizations which focus their attention in demonstrating that there is safety for tourists. A tourist perception about a particular destination which may be caused by negative publicity is mostly a question of security and safety. Often, this negative publicity may be unrelated to the reality on the ground but it has more than significant effects on the tourism sector and the economy as a unit. Tourism deregulation impacts on national security can be categorized into positive and negative category based upon economic, socio-cultural, and environmental impacts. According to (Hall, Dallen Duval 2003), tourism is greatly affected by and affects security. The destination a tourist chooses is determined by how safe he or she knows it be, or has been advised is. Changes in the global security affect tourism greatly. The security concerns affect both tourists and the host country that has to face the fact that not all individuals visiting the country have good intentions. Responsible tourists take time to investigate the security situation in the countries they intend to visit. Such responsible tourists should be aware of security risks and take precautions to mitigate such effects or avoid them completely. The September 11th terrorist attacks on the World Trade Towers in the United States of America are an epitome of events that can affect the tourist traffic of any country. Terrorist attacks have an impact on travel, leisure industries and tourist destinations. As a consequence more focus and attention has been directed towards tourism safety and security issues than ever before. The impact of deregulation on tourism laws on national security is a matter that cannot be ignored. Recent research is being focused further on the analysis of not only how travel safety can be promoted but also how security concerns may be incorporated in terms of tourism marketing. The management is also being enhanced to enable the industry become more responsive to chal lenges of security both internal and imported. Countries with unstable security history tend to be paranoid about security but stable and relatively safe countries have been continuously passing regulation that simplifies the process of obtaining tourist visas. The movement of the tourists is also not restricted or monitored. While this markets the country as place where the privacy of visitors is guaranteed and protected, it also attracts people of questionable character. These individuals might commit crime and abscond, or some might use the stability and anonymity to plan attacks on other countries. The latter situation can create a diplomatic spat which, unchecked, could escalate to war. Tourism activities can be affected by either external or internal forces; such forces may include war, terrorism activities, economic recessions, disaster, and financial crisis among others. Nations and cities which have experienced terrorist attacks for example New York and Washington faced profound impact on global travel (Blackford, 2004). The area of security is broad and sensitive and is affected by many things. The relationship between deregulation of tourism and national security can be explored in different perspectives. For example, in examining this relationship the research will look at whether the deregulation of air transport has influenced national security and the tourist destination countries in different nations. Terrorism will also be examined to investigate whether it can be imported in the guise of tourism. It will further examine the impact of deregulation on capacity as well as fares. The study also attempts to determine the impact deregulation has caused on marketing of tourist destinations and attractions. Finally, the research will investigate the impacts of tourism deregulation on transport at the destination areas. The research will also compare tourism crime and other types of crime (Hall, Dallen Duval 2003). 1.3 Statement of the problem The tourism industry has grown tremendously and thus every country is trying to gain a competitive advantage in order to market tourism adequately. This has lead to deregulation of tourism to assist raise tourist traffic. This research will seek to identify these impacts in a wider perspective with respect to crimes related to tourism and also seek to explore the rate of crime in countries that deregulate tourism. With globalization becoming embraced internationally the need for national security has been an issue of concern not only in tourism but in other areas as well. This concern is fundamental if nations are to enjoy and promote tourism while protecting the national security by preventing tourism crime, terrorism and other threats to a nationà ¯Ã‚ ¿Ã‚ ½s security that could be as a result of tourism deregulation. Research and experience have evidenced that tourism is a crucial factor that can contribute greatly to the development of a nationà ¯Ã‚ ¿Ã‚ ½s economy. It is therefore worth noting that tourism is directly associated and related with the cultural, economic as well as the intellectual potential of any nation. Currently available statistical data indicates that tourism is one of the most profitable and rapidly developing industries in the world and thus the need to protect and uplift it as while not compromising as the national security of a country. The evident threats to national security are not something any country passing legislation to deregulate the market can ignore. The purpose of this research is to identify this threats and the correlation it has with deregulating the tourism sector. 1.4 Research objectives This study will be focus on achieving the following objectives: 1. To investigate whether terrorism can be imported in the guise of tourism. 2. To investigate whether countries that deregulate tourism experience high crime rate. 3. To investigate the relationship and compare tourism crime and other types of crime. 4. To identify the impacts of airlines deregulation in international areas with respect to tourism. CHAPTER TWO LITERATURE REVIEW 2.0 Introduction According to the World Trade Organization (WTO), tourism is currently amongst the leading foreign exchange earner in approximately 83% of countries and the main foreign exchange earner for at least 38% of countries globally.Some tourists are turned away by stringent laws of immigration or stay and it has become the norm for most countries to deregulate the market. Tourism is an exciting and fascinating industry. The industryà ¯Ã‚ ¿Ã‚ ½s contribution to the national economy is significant. The major threats to this lucrative industry are socioà ¯Ã‚ ¿Ã‚ ½economic problems related to increased level of crime rates and the depletion of resources or sites and events that attract tourists. Similarly, due to the current rise in terrorist activity, it has become a major concern for the natives of the countries being toured. According to Williams (1997) crime is a common social issue which threatens the safety of the people, property, their sense of well being, and also causes entropy to the social order. Crime also reduces peopleà ¯Ã‚ ¿Ã‚ ½s quality of life because they are not psychologically at peace and are therefore not able to work as well or as much as they potentially can.(Cracraft, 2000). In all countries of the world associated with popular destinations, crime has been a major threat to the stability of the economy. In a Newsweek research conducted by Zakaria (2002) tourism safety and security matters raised by allowing tourists in is a major headache for any government. It is evident that crime against tourists or associated with tourism is considerably high in tourist destinations. This research therefore investigates the extent to which crime has an impact in a nationà ¯Ã‚ ¿Ã‚ ½s security. It is of importance to analyze the impact of passing legislation that lowers the bar for tourists and whether it has become an avenue for crà ¯Ã‚ ¿Ã‚ ½me and threats to national security. 2.1 Impacts of airline deregulation According to (Fallon, 2002), nations globally have realized that liberal aviation agreements have significant impact tourism amongst signatory parties. Recently, there has been deregulation of airlines leading to the growth of low-cost carriers and overcapacity in airline industry to bolster tourist numbers. Further deregulation of international air travel has seen the tourism industry grow significantly as simplified requirements to visit countries are major attraction for potential tourists. In addition, governments are encouraging movements towards agreements with country blocks or many nations rather than individual nations to create open skies in different geographic regions. The result of this is that people are able to move across borders with minimal or no paperwork. For nations to ensure the sustained growth and success of the international airline industry it has become important to adopt aviation policies which are conducive to open skies agreements. This has liberalized air travel beyond existing restraining bilateral among nations. This has a significant impact on tourism as well as other industries, as this facilitates the movement of people around the world. While this is a way of growing the economy, its potential effects on national security are far-reaching. The wanton and indiscriminate hosting of people without adequate paperwork carries with it the risk of encouraging criminal activates. 2.2 Socio-cultural impacts of tourism deregulation on national security According to (Blackford, 2002) it is a fact that tourism has a big impact on the economy of a nation, its cultures as well as the ecosystems. However, it is one of the least regulated industries in globally. This has opened up destination countries further to the influx of foreign earnings and capital. This trend of deregulation favors major international hotel chains and tour operators while still ensuring that the citizens of the country to earn from the resources, whether man-made or natural. Tourism has long been viewed as the reason for the spread of the global mentality. Cultures and social practices are imported as locals learn from visitors. The lack of adequate background checks on tourists, while offering an ideal protection of the visitorà ¯Ã‚ ¿Ã‚ ½s privacy poses a problem. The host country is exposed to the risk of allowing individuals of questionable character into the country. Interaction of these individuals with the locals might do more harm than good. The possible causes of some of the security situations include crime related incidents, terrorism, war, and political unrest or instability. The crime related security incidents may be in different forms such as theft, robbery, rape, murder, piracy and kidnapping. Local residents may commit crimes against residents, tourists against locals, tourist against other tourists, or may take other forms such as organized crimes against tourism enterprises. A specific environmental issue relates to the increased number of aircrafts that has increased the pollution rate and brought about a green house effect. Airplane contrails generate cirrus clouds, which reflect the sunà ¯Ã‚ ¿Ã‚ ½s rays and warm the atmosphere (Zakaria, 2007). This rise is directly proportional to tourist traffic because airlines will tend to increase flights to popular destinations so as to increase their turnover. 2.3 Deregulation of immigration and tourism laws. It is prudent to note that this research does not in any way imply that attempts to deregulate the market are inn-informed. On the contrary, liberalizing the industry is a crucial step toward achieving the vision of a global village vision and making the world a better place. However, to deregulate without adequately researching on the effects and impacts on national security is ill-advised. It is no secret that every country has enemies or people who would want to cause harm to it. While most of these groups or individuals might not make their intentions known, the methods they use to deliver the punch are criminal at the least. The template is to exploit the weaknesses in the countryà ¯Ã‚ ¿Ã‚ ½s laws and find the opportune moment to strike and send the chilling message. Giving visas to all and sundry without first checking their backgrounds or requiring adequate and authentic proof of identification might be good for trade, but it is not the least conducive for the security of all affected. Tourists are not required to give detailed schedules of their stays in the countryà ¯Ã‚ ¿Ã‚ ½s they visit and this is the perfect recipe for clandestine operations and activates. 2.4 Importation of terrorism through the guise of tourism According to Cracraft (1986) tourism is an activity that is sensitive and a nation will react rapidly to crime. Acts of terrorism are always a drawback to tourist destinations because it is followed by negative publicity and a host of travel advisories. This is because terrorism acts often indicate inadequacy of security and safety controls. Recent happenings have shown a disturbing trend where terrorists sneak into countries disguised as terrorists, leave among the locals as they plan their crimes. This worrying trend has created a situation of suspicion of people from certain places perceived to breed terrorists such as Middle East. This blanket stigmatization and the blanket security regulations that follow are saddening. The security concerns and weaknesses exposed can be pre-empted by having adequate laws that tend to pick the wheat from the chaff, instead of being left behind to sort the debris. 2.5The difference between tourism crime and other types of crime The growth of tourism has always been associated with increases in the level of certain types of crime (Goliath, 2004). The growth of tourism can also be associated with modernization and development which is a source of social instability which leads to criminal behavior. In addition, tourism crimes are often highly publicized, and the subsequent media publicity is a dent on the countryà ¯Ã‚ ¿Ã‚ ½s image. Another consideration is the fact that tourism growth is mostly accompanied by growth in the resident population. It is important to distinguish between criminal acts directed towards the tourists and those committed by the tourists there are many factors that make tourists attractive as targets of crime which include. While crime is primarily an illegal attempt to earn a living, tourism crime is mostly premeditated and about more than just earning a dayà ¯Ã‚ ¿Ã‚ ½s meal. It is about achieving a personal, social, religious or economic obligation either to oneself of to a group. As countries continue to pass laws that simplify the entry and stay of tourists without taking into account the dynamic nature of the human being, it becomes impossible to shield against crimes related to tourists. à ¯Ã‚ ¿Ã‚ ½ Most of the tourists may be usually highly noticeable because of their race, clothing, speech, and even the tendency to carry valuable items such as cameras, backpacks which attract therein criminals. à ¯Ã‚ ¿Ã‚ ½ It is often perceived that tourists are wealthy people and are more likely to be in possession of valuable items. à ¯Ã‚ ¿Ã‚ ½ Tourists are mostly accompanied by tour guides and at times they may be strangers. At times in the destination few people may be aware of their specific activity pattern. For example the murder of Meredith Kerche in Perugia, Italy has had huge media attention in the United Kingdom. It nearly caused a diplomatic spat between the two countries and highlighted how crime is not exclusive to natives. In addition, issues such as drug and tourism, sex tourism as well as other related crime and social disorder among holidaymakers. The high rate of exposure of tourists as targets to criminal activity in some destinations is illustrated by the findings that have seen tourists being stolen of their belongings or property (Schollmeyer, 2003).This social wrongs impact negatively on the national security because negative social behavior such as drug use and sex trade are primary causes of crime. It has also been observed that criminal activities can as well be committed by the tourists themselves, either against the locals or other tourists. Where certain forms of tourism either foster or entail criminal activities, it is the tourist who is usually seen as the lead player in initiating or engaging in some kind of illegal activity-. The most, obvious example invokes forms of tourism, such as those involving certain types of related activity, which are defined as illegal by destination authorities. While tourism activity may be not completely illegal but a strong criminal association may exist. The best example of this indirect relationship is gambling, given the involvement of organized crime cartels in casino businesses. The influx in tourists to these places might raise the economic might of criminals, emboldening them and causing a general rise in the crime rate of the country. Finally, there are those tourist activities that can degenerate into criminal behavior because o f the presence of alcohol, drugs, arguments or stereotypes 2.6 Crime rate in countries that deregulate tourism It is evident that there is high crime rate in countries that deregulate tourism, for example sex tourism industry has increased all over South East of Asia and Burma (Kristiansen Trion, 2005) and the crime rates in South Africa during high tourism seasons is evident. In these regions tourists are highly involved in criminal activities and are often associated with several kinds of human rights abuses, and the spread of HIV/AIDS. For example women and juveniles are often coerced to engage in the sex trade against their will. While these crimes are abetted by locals, it is the presence of tourists with ill-intentions that causes the rise. As observed earlier the impacts of crime on the destination are diverse. Some cases involve crimes related to drug use, whereby the destinationà ¯Ã‚ ¿Ã‚ ½s image becomes blotted resulting in significant decline in tourist demand. On the other hand, theft may occur at tourist destinations where the tourists are at the wrong place at the wrong time. In addition, tourists may contribute to this by engaging in illegal activates or getting involved with criminals. (Magenta, 2009). CHAPTER THREE RESEARCH METHODOLOGY 3.1 Introduction In order to achieve the research objectives a multi-method approach will be adopted, by use of both qualitative and quantitative data collection methods. Quantitative methods will focus on providing a broad statistical measure of the nature, extent and impact of deregulation of tourism on national security using a reasonable sample size. In depth and comprehensive qualitative information will be collected on the impacts of deregulation of security on national security, importation of crime through tourism, comparison between tourism crime and other types of crime. The research will employ questionnaires to collect data from the respondents as one of the data collection tools. Interviews schedules will also be applied to interview the randomly selected sample population. This chapter presents a description of the procedures and methods that the researcher will use in order to obtain the required data needed for the study. It comprises of research design, data collection instruments, the target population, the sampling strategy, and data analysis methods. 3.2 Research design The researcher will employ quantitative research method. The quantitative research design to be used will be a causal comparative design. The causal comparative design will allow the researcher to collect one or more information from one participant. A casual comparative research allows researcher to investigate the possibility of a causal relationship among variables that cannot be manipulated. This research design will be used to establish the factors that influence employee training. 3.3 Target population The target population will involve the immigration departments, tourists and locals of the target country. 3.4 Sampling strategy Simple random sampling techniques will be the methods of data collection from the various departments. The employees will be randomly selected from each department to yield the total sample population. Purposive sampling will be used to select employees who are trained. Purposive sampling is a sampling technique that allows a researcher to use cases that have the required information with respect to the objectives of the study. 3.5 Data collection tools and instruments. The researcher intends to use questionnaires in this study. This is to provide high accuracy and validity of the study. The questionnaire is a convenient tool especially where there are a large number of subjects to be handled. The questionnaire facilitates easy and quick derivation of information within a short time. The information obtained will enable to investigate the impacts of deregulation of tourism on the national security. 3.6.1. T-test T-test will be used to test whether there are significant differences between two mean derived from the samples of groups at a specified probability level. 3.6.2 Chi-square Chi-square is a statistical technique which attempts to establish the relationship between two variables both of which are categorical in nature. The technique compares the proportion observed in each category with what would be expected under the assumptions of independence between the two variables. CHAPTER FOUR DISSECTION 4.1 Data analysis The researcher will establish whether all questionnaires are all completed. Data collected from open ended and closed questions will be coded for analysis purpose. Descriptive and inferential statistics will be used in data analysis. The data will be analyzed using the statistical package for the social sciences (SPSS). The descriptive statistics which will be used in analysis includes means, frequencies, percentages and standard deviation. The inferential statistics that will be used in data analysis will be chi-square and T-test for independent samples. 4.2 Expected results It is expected that this research will yield results that show an upsurge in crime levels in countries that have liberalized tourism industry. In some countries with more stringent practices and therefore less tourism traffic, it is obvious that the crimes related with tourism will be less. This is a wake-up call to all legislators to take necessary precaution when passing laws that deregulate the market and give the players a free-hand to do what they want. National security should take priority over economic gain.