My Travels Abroad Essay Example For Students

My Travels Abroad Essay English 110130 January 2004I am a former United States Navy Sailor and a Disabled Veteran with fourteen years of proud service to my country. When friends ask me about my military service, they often ask me about the places and countries I have visited. After sailing the Seven Seas with my fellow shipmates, I now realize that I have seen more of the world than most people has ever dreamed of seeing. My journey began in the Summer of 1981, when I enlisted in the United States Navy. Shortly thereafter I completed boot camp at the Naval Training Center in Orlando, Florida. I then went on to Hospital Corpsman technical training at San Diego, California. In the Fall, of that same year, I received my first set of travel orders assigning me to the aircraft carrier USS Forrestal in Jacksonville, Florida. After months of intense training exercises in the frigid weather of the North Atlantic, our ship along with the rest of the 6th Fleet received orders to deploy immediately to the Mediterranean region. It took four horrendous days to cross the raging twenty foot waves of the North Atlantic Ocean. Despite the turbulent weather, we finally arrived into the beautiful blue waters of the Mediterranean Sea. My shipmates and I were so full of excitement to see where and when our first port visit would be. The purposes of port visits are to show our presence, be ambassadors of goodwill, and show proudly that we are interested in fostering stronger ties with each country we visit U.S. Sailors bring messages of peace, friendship and an opportunity to find common ground. After the first couple of months of extensive exercises outside Lebanon, our ship was finally granted liberty calls in the following ports: Naples, Italy; Istanbul, Turkey; Barcelona, Spain; and Athens, Greece. Following a couple weeks of fun and relaxation it was time to continue our mission. Our ship received orders to travel through the Suez Canal which divided the countries of Syria and Egypt. Upon completing our transit through the Suez Canal and entering the Indian Ocean, our ship returned to the Mediterranean Sea. Before exiting the Suez Canal our ship made a port visit to Alexandria, Egypt. Finally, in the last couple of months of our busy deployment, our ship steamed into the ports of Beinidorm, Spain; Toulon, France; Marseille, France. The experiences I encountered during my visits to these wonderful and mysticalcountries was overwhelming. I visited many historical locations throughout Europe during my travels abroad. Among my visits to these fabulous countries, I would sayItaly was my favorite place. The Italians are quick to laugh and make friends. Theylove their food and wine. Naples is home to spaghetti and pizza. Being Catholic myself, I feel I have a spiritual bond to the Vatican in Rome. It is full of legends and miracles. For the traveler, the history of the world can be experienced and re-lived through the buildings and artifacts found all over the world. After returning from overseas, I realized that I have acquired a vast amount of experience and knowledge of other cultures. Speaking for myself, I have been married to a beautiful French girl for fourteenwonderful years. To this day I still love to speak of my travels abroad.

Present and evaluate a couple of Nietzsches Essay Example For Students

Present and evaluate a couple of Nietzsches Essay However, if suffering includes unpleasantries such as the above, then Nietzsche is most likely correct, as most, if not all of mans inventions have been created in order to abolish slight, or significant problems and discomforts. On the other hand, I think that Nietzsche generalizes, and uses the word improvements far too freely. Humanity has not only improved the world through inventions, but also through art, culture, knowledge, music, etc. Are we to say that these things are too caused by suffering? This is most certainly not true. Art and music, for example, are an expression of the creative side of human nature, and I would go so far as to say that they are assisted and inspired by compassion, among various other human emotions that Nietzsche seems to think of as a weakness. Does he not contradict himself? How can an improvement be caused by a weakness? Compassion, is basically just like any other emotion, and does not deserve the harsh attack unleashed by Nietzsche. What I mean by this is, every human emotion, no matter how good it is thought to be, has the capacity to be used for evil. For example there are many stories of a man or woman doing horrible things to their partner out of love, including stalking, or murder, so that they can be together forever. Love can be a great weakness, prone to be used as a tool of blackmail, and making people act without thinking, as if blinded by love. What then, is so awful about pity and compassion? Another major, reoccurring weakness that I have found in many of Nietzsches arguments is his tendency to generalize, assume, and not to make exceptions for his rules. For example, what does he mean by pity and compassion? It seems to me like he uses it in the context of a person literally offering their assistance to anther. But assistance, too, can have many meanings. By that I mean that you can feel pity or compassion for another human, but helping them does not always have to be the physical assistance to their problem. You can help someone a great deal out of compassion or pity by realizing that helping them would not be beneficial for them in the long run, and keeping out of the problem, ie, assisting them through not helping so that they may learn the error of their ways. Nietzsche incorrectly seems to think that this is always the case. Nietzsche, who glories in the triumph of the strong over the weak in the struggle for life, (Carus, P. pg. 32) puts forward the absurd idea that one will always grow stronger if not assisted by others. I call this idea absurd because this is clearly not true. In actual fact on many occasions this is completely the opposite, a person will grow stronger through the assistance of others. Is a dying man, lying bleeding in the street to benefit from others simply walking past him? Will the assistance of a friend in hooking you up for a job consequently make you weaker? In both cases it can be seen that the life of the assisted will be improved, not hindered. This is my greatest criticism of Nietzsche. The fact that he seems to make all these wild accusations and rules, without really researching all the other possibilities. Although I agree with Nietzsche that compassion, just like any other human emotion should be controlled to an extent, (Depending on the situation) so that it may be used to do good, not evil, I know that if I had to choose somebody to teach me about the values of compassion, I would certainly pick Jesus over Friedrich Nietzsche.

Narative Descriptive Essay Sample Forth Grade

Narative Descriptive Essay Sample Forth GradeUsing a Narative Descriptive Essay Sample forth Grade will make a college application a breeze. Here is how to write the perfect essay for your college application.Writing a college application can be time consuming and frustrating, but not if you can use Narative Descriptive Essay Sample forth Grade as a guide. This essay is very easy to understand and you will be surprised at how easy it is to use, when you know how to use it.College applicants need to be ready for anything year round, and the first thing that every college considers is character. The good news is that they do not have to worry about this one bit, because you can learn how to write a successful Narative Descriptive Essay Sample forth Grade and you can use this information each and every time. They will notice your personality as you go along and they will want to know more about you. It is easier to have this type of information than most people realize.You may think tha t you need to be very gifted when it comes to writing, but you do not need to be. Students who are having trouble getting their essays approved always turn to this essay sample forth Grade. If they can read this and know how to use it, they will feel like they have done much better.I know that your question is, 'What is the word limit?' Well, it is quite simple, only use up to 75 words on your Narative Descriptive Essay Sample forth Grade. Most students are using less words and they are happy with this length, but of course, they will still be trying to get their essay approved.Since you will not be able to use all the information in the essay before your final exam, it is important that you spend some time learning to use some of the basics. Some students start out by showing an example of how they went about writing the Narative Descriptive Essay Sample forth Grade. Then, they go on to work on the other parts of the essay that they have learned to use, in preparation for their fin al exam.A successful application is something that a student has no problem achieving. It is easy to learn how to write this type of essay when you find a Narative Descriptive Essay Sample forth Grade that fits your needs.So, if you are looking for the right essay for your Narative Descriptive Essay Sample for The Grade, you need to make sure that you use a Narative Descriptive Essay Sample for The Grade and find one that fits your needs. Use your knowledge of grammar and sentence structure, and be sure that you know how to use each part of the essay.

Writing Successful Introductory Paragraphs Essays - Writing

Writing Successful Introductory Paragraphs In the most abstract sense, the function of an introductory paragraph is to move the reader from the world of daily life into the textual and analytical space of an essay. In a more concrete sense, an introduction performs three essential functions: 1) it clearly and specifically states the topic or question that you will address in your essay; 2) it motivates topic or question that the essay will examine; and 3) it states, clearly and directly, your position on this topic or question (i.e. your thesis). Conceptual Components Persona - While reading your introduction, your reader will begin to make assumptions about you as an author. Be sure to project yourself as a thoughtful, knowledgeable, and nonbiased writer capable of dealing effectively with the complexities and nuances of your topic. Your introduction should set the tone that will remain consistent throughout your essay. In addition to emphasizing the uniqueness of your approach to your subject matter, you should seek to draw your reader into your essay with the gracefulness of your prose and the rational demeanor you project as a writer. Contextualization - In addition to stating the topic and scope of your analysis, your introduction should provide your readers with any background or context necessary to understand how your argument fits into the larger discourse on the subject. The details you use to orient your reader with your topic should be woven throughout the structural components of your introduction listed below. Structural Components Opener - In addition to grabbing the reader's attention, the opening sentence of an essay sets up the structure of the introductory paragraph. You want to create movement among your ideas, which is best done by moving either from the particular to the general or from the general to the particular. Essays which move from the particular to the general often begin with an anecdote, quotation, fact, or detail from the text that can be used to introduce readers to the larger issues the essay will address. Introductions that move from the general to the particular-typically referred to as the funnel structure-often begin with a wider view of the topic that will be used to establish a context for the more localized argument that the author will present. Topic or Purpose - The introductory paragraph must leave the reader with a clear understanding of the specific subject area that your essay will investigate. Defining your essay's scope in this way often requires distinguishing your specific focus from the larger discourse on your topic. Though this is not always essential, many essays include a purpose statement that tells the reader directly: "this paper examines..." or "the aim of this essay is to..." Motive - The motive is a specific sentence, usually near the middle of your introduction, that clarifies for the reader why your thesis is interesting, non-obvious, and/or contestable. In essence, your motive answers the question "so what?" that a reader might ask of your thesis. Because they show that the truth about a subject is not as clear as it might seem, motive statements often employ terms of reversal-"yet," "but," "however," &c.-that reflect a departure from the obvious. Thesis Statement - The thesis statement is the central claim your essay will make about your chosen topic. Since the topic area must first be described and motivated, the thesis statement is usually placed near the end of the introduction. Roadmap - Though this is often unnecessary in shorter papers, essays that are long (7+ pages) or especially complex are often easier for the reader to understand if the author offers some preview of the essay's structure at the beginning of the paper. In especially long essays (20+ pages), this outline of the essay's structure may demand a paragraph of its own (usually the second paragraph).

Impact of Structural Adjustment on Economic Performance

Impact of Structural Adjustment on Economic Performance Free Online Research Papers THE IMPACT OF STRUCTURAL ADJUSTMENT ON ECONOMIC PERFORMANCE (CONTROL GROUP BEFORE AND AFTER ANALYSES) By Misbah Nosheen PhD scholar: Federal Urdu University of Arts Science Technology Islamabad Lecturer in Economics: International Islamic University Islamabad. Javed Iqbal PhD scholar: Federal Urdu University of Arts Science Technology Islamabad Research Officer: Economic Affair Division (EAD) Islamabad ABSTRACT Are adjustment policies helpful or hamper growth? This paper presents data on economic performance (aggregate and sectoral growth, inflation, investment and external account) for 8 countries. The data are classified on an annual basis according to the country’s policy stance in that year: weak reformers, moderate reformers and strong reformers. This approach allows both control-group and before and after analyses. The evidence suggests three hypotheses. First, countries with weak reforms have performed betterly in comparison with those that have moved to greater market orientation. Countries ranked with a policy score of 1 perform well on all indicators, other than investment growth and export growth, than those with scores of 3. Second, economic performance does not differ greatly between moderate and strong ones. But in case of inflation there is a significant difference between group 2 and group 3. The third hypothesis follows from noting that there is little difference in agricultural growth, manufacturing growth and overall growth among 3 groups. It is surprising that manufacturing growth is greater in case of weak reforms. New prescriptive ideas on reforms have tended to be realistic, emphasizing that reforms need to be modified to country circumstances. 1. INTRODUCTION During the 1990s there were intense changes in the national policy environment in many less developed countries. These changes were mainly brought about within the framework of structural adjustment programmes guided by the International Monetary Fund and the World Bank. The process began in early 1980s with the Bank structural adjustment loans. Yet there is a question as to the economic impact of these policies: specifically do they support or hinder growth as compared with the pre reform situation? To this end, paper presents evidence from 8 developing countries. As explained earlier data were collected on macro-economic variables and classified on an annual basis according to the country’s policy stance in that particular year. The focus of this paper is on isolating the economic impact of economic reform. These data were used for control group comparisons and to do before and after analysis. Section 2 begins with an overview of policy reform in developing countries before moving in Section 3 to a presentation of the results dealing with overall growth, inflation, investment and sectoral growth in agriculture and manufacturing. Section 4 concludes on the suitable design of adjustment. 2. POLICY REFORM IN DEVELOPING COUNTRIES: AN OVERVIEW The term adjustment in the discussion of international development agencies refers to a set of economic reforms that nudge the economy toward market based development. Specifically they aim to achieve internal and external balance by reduction of the fiscal and trade deficits, trade liberalization and export expansions as opposed to import substitutions. During the last more than two decades almost all developing countries have taken steps toward economic liberalization achieving the stated policy objectives. But these changes have resulted in different outcomes. It is instructive in this context to refer to an analysis of six African countries, Engberg-Pedersen et al. (1996) who distinguish three stages of adjustment: (1) stabilisation, agricultural price reform and some trade liberalisation; (2) internal trade liberalisation, investment promotion and social dimensions of adjustment; and (3) public sector reform, beginning with the banking sector and civil service, and social expend iture rationalisation. The experience of the 8 countries shows that there are divergences in the experiences of economic policy reforms with respect to the pre assigned target variables. The main push for reforms has begun at different times in these countries; but all of them have undertaken market based reforms during the last more than two and a half of decades. It is certainly the case that tariff reforms and agricultural price liberalization have been spearheaded the reforms; along with some change in exchange rate policy. Experience with stabilisation has not so uniform for instance, stablisation in many cases has been attempted at the outset of adjustment but not always successfully. Most frequently, it has been turned out to be more of a problem than a solution of the problem. Indeed, this unpleasant experience has forced the IMF to deemphasize this aspect to spearhead structural reforms. It is certainly the case that privatisation and public sector reform come at the tail end of the reforms and ha ve not been carried out in all countries (especially public sector reform). The practice of trade liberalization and market-oriented economic reform that had launched in many developing countries in early 1980s intensified in the 1990s. The reform undertaken varied in ownership and contents in different countries. The reforming countries can be divided into three groups. The first group consists of a number of countries in East Asia which continued their own dynamic industrial and trade policies initiated in 1960s. The second group includes a large number of countries, mostly in Africa and Asia, which have gone through the reform programmes designed and dictated by the IFIs. The third group comprises a number of Latin American countries that undertook economic reform since early 1980s, initially under pressure from international financial institutions. Nevertheless, in 1990s they intensified the reform process without having been necessarily under pressure of those institutions in all cases. The contents and philosophy of their reform programmes were, howeve r, similar to those designed by the international financial institutions which in turn have been referred to as the â€Å"Washington Consensus† since the early 1990s. Universal and uniform trade liberalization was a part of the Washington Consensus. The term Universal implies that all developing countries are to follow the same trade policy regime i.e they are required to liberalize trade and capital flows irrespective of their levels of development and industrial capacities. The term Uniform implies that all sectors and industries are to be subject to the same tariff rates i.e, preferably a zero rate, or a very low rate. Apart from trade liberalization, such reform programmes included mainly: capital account liberalization, devaluation at the early stages of reform to compensate for trade liberalization, fiscal and financial reform through contractionary macroeconomic policies such as budget cuts, increase in interest rates and privatization. As for the timing of reform, there seems to be something of a regional pattern to it, although with significant exceptions. Asian countries began reform earlier (Sri Lanka in 1977, Bangladesh, India and Pakistan relaxed controls somewhat in the 1980s, although in all cases more intensive reform began in 1991). â€Å"Policy scores† have been based on the degree of reform of the exchange rate, trade, price policy, finance, fiscal policy, private sector development, privatization and public sector undertaking by different countries. The score 1 is corresponding to weak reform, 2 to moderate reform and 3 to strong reform for each country. Figure 1 shows the average score across the 8 countries since 1980, giving a strong graphical evidence of the world trend towards reform. There has been a continuous increase in the average policy score, with a sharp incline in 1990 and 1991, when several countries intensified their reform efforts. It may be noted that a higher score means that it has become more market oriented; whether or not it has assured better growth and lower poverty remains to be analyzed in the present study. Figure: 1 Average Policy Score for 8 Countries Table: 1 Aid Per Capita ($ Per Person) by Policy Score (1980-2007) 1 2 3 Mean 10.204 8.739 8.239 Median 10.449 2.0741 3.787 Standard deviation 6.155 11.469 11.841 No of observations 19 55 150 Source: Calculated by author Table: 2 Before and After Comparisons of Aid Per Capita ($ Per Person) (1980-2007) Country Before reforms After reforms Mean Median Stand Dev Mean Median Stand Dev Argentina 2.061 1.598 1.305 3.839 2.867 2.119 Bangladesh 15.331 15.499 2.679 10.941 10.204 3.012 Brazil 1.317 1.282 0.477 1.068 1.131 0.736 Chile -0.431 -0.639 0.499 6.527 7.075 3.965 India 2.353 2.277 0.407 1.651 1.609 0.677 Pakistan 10.272 9.645 2.350 8.826 7.999 3.132 Sri Lanka 31.659 29.560 5.563 33.673 30.536 17.483 Venezuela 0.865 0.884 0.194 2.035 1.854 0.796 Source: Calculated by author This section will often compare indicators for countries with different policy scores. Table 1 provides the example of aid per capita given to the sample countries. Aid per capita dealings the net official development assistance (net of repayment of principal) available per person in each country receiving foreign aid. Data are specified in current U.S. dollars per person . The averages (both mean and median) shown here have been calculated across all available observations, so a country can enter the data set up to 28 times (the data cover 1980-2007) though, of course, it will appear in a different column depending on its policy score for that year. It may be surprising that average aid is higher for 1 than for 2 and 3. This result is partly explained by the fact that bilateral conditionality came in during the 1980s, so that poor performers could still get high aid in the early part of the decade. But once conditionality started, many of the home grown reform efforts were not rewarded by the international community. Aid flows only resumed once an International Financial Institution (IFI)-backed programme was started. Table 2 shows the before and after analysis of aid per capita. It presents more or less the same picture as shown by table 1. 3. ECONOMIC IMPACT OF ADJUSTMENT POLICIES BY KEY VARIABLES 3.1 Overview Table 3 presents a summary of the main results from the control group analyses, which are explored in more detail below. I have suggested three hypotheses. First, countries with weak reforms have performed better in comparison with those that have moved to greater market orientation. As compare to countries with score of 3, than with a policy score of 1 perform well on all indicators, other than investment growth and export growth. Second, economic performance does not differ greatly between moderate reformers (score 2) and strong reformers (within score of 1) ones. But in case of inflation there is a significant difference between group 2 and group 3. This finding is partly explained by the fact that some countries which have carried out quite far-reaching reforms have seen only insignificant impact on their growth rates but a greater impact on their inflation. The third hypothesis follows from noting that there is not much difference in agricultural growth, manufacturing growth and overall growth among 3 groups. It is not surprising but may be important that manufacturing growth is greater in case of weak reforms. Table: 3 Summary of Control Group Analysis by Types of Reformers (1980-2007)(Median Scores) 1 2 3 Growth 5.181 4.141 5.123 Inflation 26.536 10.726 93.801 Investment rate 18.482 21.094 21,656 Export growth 3.601 5.203 7.832 Agricultural growth 3.658 2.609 3,167 Manufacturing growth 7.033 4.661 5.259 Source: Calculated by author 3.2 Growth The data presented in Table 3 show that growth performance has been weaker the greater the degree of reform in the control countries. Moreover, the results are the same. Countries with policy score 3 perform significantly better than moderate reformers: the t-statistic for the difference in means between 3 and 2 is 2.537 and that for 3 and 1 is 0.721. So there is no significant difference in growth performance between weak and strong reformers. Table: 4 Control Group Analysis of Real GDP Growth by Type of Reformers (1980 to 2007) 1 2 3 Mean 5.344 2.810 4.591 Median 5.181 4.141 5.123 Standard deviation 2.218 4.411 4.467 No of Observations 19 55 150 Source: Calculated by author The data in Tables 3 and 4 are simple control group comparisons; we are comparing various degrees of adjustment (between different countries and different periods for the same country) without any reference to other factors. Table 5 presents a before-and-after analysis, which does control for country specific, but not other, factors. Chile is experiencing stronger growth with reform. Argentina and Venezuela have a moderate reforme growth. Brazil has declined in growth (relatively). The South Asian countries Bangladesh, India, Pakistan and Sri Lanka have all maintained comparable growth rates regardless of policy stance; indeed they are lower in the case of Pakistan. In case of India, Sri Lanka and Bangladesh it has improved upon with reforms. Thus it seems that some countries have experienced growth with reform, whereas others have not. Table: 5 Before and After Growth Performance (Growth of Real GDP per Annum) (1980-2007) Country Before reforms After reforms Mean Median Stand Dev Mean Median Stand Dev Argentina 0.026 2.212 5.346 4.076 5.836 7.639 Bangladesh 3.465 3.732 1.444 5.124 5.228 0.776 Brazil 2.954 3.600 5.042 2.207 2.439 2.357 Chile 1.350 4.737 8.127 6.116 6.352 2.860 India 5.887 5.809 1.739 6.599 7.129 2.681 Pakistan 6.646 6.538 1.665 4.751 4.847 2.377 Sri Lanka 4.350 4.814 1.553 4.946 5.362 1.918 Venezuela 0.770 0.193 3.937 2.962 3.687 7.462 Source: Calculated by author 3.3 Inflation Stabilisation is considered a pre-requisite for growth, as high levels of inflation create uncertainty by confusing price signals. An important focus of the stabilization programme is to bring the rate of inflation under check. Most studies find that inflation has been brought down when stabilisation has been pursued. As shown in Table 3, this view is not supposed by the experience of our sample of 8 countries. Median inflation in strong reforming countries is more than three times greater than that in weak reforming ones and it is more than two times in weak reforms as compared with moderate reform ones. The region of Latin America has a history of fiscal wastefulness, in which deficits were covered by printing money resulting in high inflation, and in extreme cases, hyperinflation or by tapping financial markets, leading to exploding debt ratios, often ending in debt crises. Despite a fall in aid during the 1990s, inflation in Bangladesh dropped from double to single digits because of a reduction in the budget deficit resulting from a rise in tax revenue and increased foreign financing. First, there was a devaluation of the exchange rate, which was then fixed, and wage and price controls were maintained in order to ‘break inflationary expectations’. Increases in some prices however, led to a gradual appreciation and overvaluation. In the wake of further devaluation in 1993 inflation increased and can be seen to have followed closely the rate of nominal devaluation. Table 6 represents the control group analysis of inflation. Results show that inflation has been higher as the degrees of reform proceed. Table 7 shows completely the sane picture. Table: 6 Control Group Analysis of Inflation (CPI) by Type of Reformers (1980 to 2007) 1 2 3 Mean 27.208 18.307 89.877 Median 26.536 10.726 93.802 Standard deviation 8.025 19.815 51.690 No of Observations 19 55 150 Source: Calculated by author Table: 7 Before and After Comparisons of Inflation [CPI (2000=100)] (1980-2007) Country Before reforms After reforms Mean Median Stand Dev Mean Median Stand Dev Argentina 0.005 0.000 0.011 103.939 100.670 42.792 Bangladesh 41.543 41.598 12.400 97.840 97.839 26.100 Brazil 0.000 0.000 0.000 81.179 89.091 58.763 Chile 9.216 8.427 2.572 74.811 83.534 34.525 India 29.164 28.084 7.864 91.446 96.145 26.567 Pakistan 30.259 29.890 6.204 92.915 95.816 29.140 Sri Lanka 23.409 22.098 8.131 101.405 94.183 41.592 Venezuela 0.577 0.510 0.228 96.141 69.638 97.311 Source: Calculated by author Table 7 presents before and after comparisons of inflation. It shows that all the sampling countries have experienced higher inflation after reforms. In case of Latin American countries (Argentina, Brazil and Venezuela) the condition is severe. 3.4 Investment The role of investment in promoting economic growth has received considerable attention in many countries around the world. The link between investment and growth is well established. The early Domar-Harrod models specified investment as the key to promoting economic growth. The data from the countries studied shows that the investment rate gets higher with increased degrees of reforms. Based on both the mean and the median, the investment rate appears to be about 19 per cent in weak reformers and a little over 21 per cent in moderate reformers and this difference is insignificant as t value is 1.517. But the difference between weak and strong reformers is significant with t value 2.445. Table 9 shows a really very mixed picture comparing before and after reforms. Bangladesh, Chile and India have significantly improved their investment growth with reforms. Argentina, Sri Lanka and Venezuela have declined in their investment growth as reform process moves on. Brazil has a slight impro vement while Pakistan works with almost same investment rate from weak to strong reform process. Table: 8 Simple Control group comparisons for investment rate (Per cent of GNP) by Type of Reformers (1980 to 2007) 1 2 3 Mean 19.234 20.903 21.901 Median 18.482 21.094 21.656 Standard deviation 4.032 4.164 4.532 No of observations 19 55 150 Source: Calculated by author Table: 9 Before and after comparisons of investment rate (per cent of GNP) (1980-2007) Country Before reforms After reforms Mean Median Stand Dev Mean Median Stand Dev Argentina 20.422 19.964 2.536 18.118 18.014 3.875 Bangladesh 16.536 16.701 0.921 21.541 22.193 2.819 Brazil 20.363 21.094 2.829 21.047 21.118 1.268 Chile 15.706 13.677 5.811 23.368 22.991 2.682 India 22.222 22.410 1.743 26.544 24.777 5.438 Pakistan 18.698 18.774 0.383 17.920 17.375 1.401 Sri Lanka 25.749 23.660 4.005 25.307 25.136 2.527 Venezuela 22.430 24.425 5.258 21.246 21.485 5.817 Source: Calculated by author 3.5 External Account and Debt Trade liberalisation measures cover exchange rate liberalisation (usually devaluation), the reform of the system of distributing foreign exchange, liberalisation of domestic factor markets, import liberalisation and moves from non-tariff restrictions towards tariffs. All these are designed to create incentives by improving the profitability of tradables relative to non-tradables, thus rewarding exporters and punishing importers. Caballero and Pangeas (2006) calculate that for a country like Chile, with good fundamentals, hedging the probability of suffering a sudden stop the debt flow can be equivalent to a reduction in the stock of debt of 10 percentage points of GDP. However, IDB (2007) shows that the benefit of debt reduction varies by country, depending on the current stock of debt and the quality of policies and institutions. They show recent empirical estimates that have found a non-linear relationship between external debt levels and growth levels of debt appear to be beneficial for growth up to a point, and then the correlation turns negative. The problem is that estimates for this turning point range between 10 and 60% of GDP. In addition, Imbs and Ranciere (2005) find that the threshold level at which debt becomes negative for growth is higher for countries with better institutions. To make an optimistic calculation, assume that Latin American countries are in the negative coefficient territory of the above non-linear relationship between debt and growth, so reducing debt would be beneficial – a not too unreasonable assumption, given an average level of external debt to GDP of almost 50% in 2004, excluding Argentina and Nicaragua that were above 110%. Following IDB (2007), this would mean that a 10 percentage point reduction in the debt / GDP ratio could generate a growth benefit of around 0.8 percentage points per year. However, the shakiness of this estimate cannot be stressed enough (Miguel Braun, 2007). Table: 10 Control Group Analysis of Current Account Deficit (As percentage of GDP) by Type of Reformers (1980 to 2007) 1 2 3 Mean -2.318 -2.999 -1.594 Median -2.428 -2.791 -2.424 Standard deviation 1.337 1.984 3.457 No of Observations 19 55 150 Source: Calculated by author Table: 11 Before and After Comparisons of Current Account Deficit (As percentage of GDP) (1980-2007) Country Before reforms After reforms Mean Median Stand Dev Mean Median Stand Dev Argentina -3.244 -2.791 1.829 -0.105 -1.703 4.068 Bangladesh -2.457 -2.428 1.502 -0.237 -0.080 1.040 Brazil -2.267 -1.981 2.600 -1.084 -0.356 2.403 Chile -9.548 -9.466 3.446 -2.357 -1.604 2.433 India -1.667 -1.822 0.549 0.037 -0.685 1.657 Pakistan -2.855 -3.331 1.261 -1.296 -2.742 3.731 Sri Lanka -7.321 -6.511 4.319 -3.443 -3.229 2.057 Venezuela 1.075 5.298 6.657 6.629 5.128 7.198 Source: Calculated by author Analysis of the external account is made difficult by the fact that reform efforts are often accompanied by an aid inflow, which necessarily worsens the current account. Nonetheless, we find a significant improvement in the current accounts of reforming countries compared to weak reformers. These results suggest that there may have been some improvement in exports and this is indeed shown by data on export performance (Tables 12 and 13). Table: 12 Simple Control group comparisons for Export Growth by Type of Reformers (1980 to 2007) 1 2 3 Mean 6.229 5.886 8.281 Median 3.601 5.204 7.832 Standard deviation 10.026 10.618 7.802 No of observations 19 55 150 Source: Calculated by author Table: 13 Before and after real export growth (1980-2007) Country Before reforms After reforms Mean Median Stand Dev Mean Median Stand Dev Argentina 2.725 2.583 9.524 8.246 7.647 7.088 Bangladesh 7.167 7.899 9.510 11.655 13.222 8.506 Brazil 11.088 14.332 12.912 8.160 9.250 5.626 Chile 3.476 4.716 8.498 8.801 8.148 3.512 India 5.933 7.250 6.108 13.251 13.782 9.987 Pakistan 9.789 11.990 13.201 7.765 7.573 11.317 Sri Lanka 5.954 4.999 3.359 6.638 6.263 5.307 Venezuela -0.850 -3.101 10.175 2.664 5.754 8.857 Source: Calculated by author Exports analysis of average real export growth across the 8 countries since 1980 given in Table 12 shows that export growth performance is significantly stronger the greater the degree of reform across the sample as a whole. The t-statistic at the 20 per cent level for the difference in means between 2 and 3 is 1.75 but that for 1 and 2 is 0.123. The country-specific comparisons of export growth in periods of before and after comparisions, gives a clear picture. For 6 of the countries (Argentina, Bangladesh, Chile, India, Sri Lanka and Venezuela) export growth appears to be greater during periods of after reform than during before reform. Indias main success in trade reform has been in the area of tariffs. In 1990-91, the unweighted average tariff was 125 per cent. That figure came down to 71 percent in 1993-94. The peak tariff rate in 1990 was an unbelievably high 355 percent. The peak rate in 1993-94 came down to 85 per cent. In 1995 the highest rate of tariff was further reduced t o 50 percent and it was only 18 percent in 2004. Moreover Export promotion schemes are also being pursued with more than usual vigor. Only Brazil and Pakistan exhibit Weak export growth rates during periods of strong reform than when reform is not being adopted. A main argument of this review is that the control regime resulted in bad performance, but while the evidence that market-based reform is the best alternative is sufficient, this is so in relation to export performance. Control group analyses e.g. Adjustment in Africa (World Bank 1994) and Kirkpatrick and Weiss (1995) find that countries engaging in macro-economic policy reform, and in particular trade liberalisation, experience faster growth in real exports. And these simple control-group analyses can in fact adequately control for other factors, and so the results can clearly demonstrate the positive impact of reforms. The case studies also find positive effects. Husain and Faruqee (1994) report strong export growth in the case studies in the companion volume, despite declining terms of trade, and all but Burundi have achieved some success in diversification. On the other hand, Sahn et al. (1994) find mixed results from the case studies where reforms have been implemented. On the other hand the picture is far less positive with respect to debt, the debt burden having increased in many countries. Large aid inflows have tended to increase the debt burden rather than reduce it; although bilateral aid is virtually all grant aid, the substantial inflows from the international financial institutions are not. Table 14 shows that the total debt burden has risen in all countries. Table: 14 Total long-term debt (Period average, US$ billions) 1980-84 1985-89 1990-94 1995-99 2000-04 2005-06 Argentina 27.8992 48.2506 52.7302 91.8722 122.336 78.28317 Bangladesh 4.20178 8.40382 12.926 14.9476 16.7164 18.09767 Brazil 74.053 97.0186 104.9232 170.548 189.608 158.4533 Chile 13.5523 16.7214 15.7376 23.9212 34.4018 38.785 India 21.941 46.7864 81.2144 89.6896 103.394 116.935 Pakistan 9.2423 12.9838 19.9136 27.2814 30.619 30.72017 Sri Lanka 1.83248 3.8743 5.9005 7.71406 8.90006 10.27893 Venezuela 19.54 29.6404 29.4056 31.5568 30.751 34.592 Source: World Development Indicators 4 Economic Impact of Adjustment Policies: By Key Sectors 4.1 Agricultural Supply Response Economic performance at the sectoral level, particularly in agriculture and industry, is crucial to success of the economy in coping with changing economic circumstances brought about by macro-economic reform. There is also a gender aspect to this analysis since in many low-income countries, particularly in South Asia, women are responsible for the vast majority of agricultural labour. The impact of adjustment policies on agriculture is therefore an issue of great importance for gender relations and a proper analysis and appreciation of gender relations should inform the design of agricultural policy. Historically, developing countries have tended to tax their agricultural sectors through trade and pricing policies, often to keep food prices low for the benefit of the urban population and to generate export tax revenue. Schiff and Valdes (1992) have shown that these policies have resulted in a slowdown in agricultural sector growth and in overall economic growth, with industrial and macro-economic policies often having a greater impact than more direct, sector-specific measures. Table: 15 Average growth of real agricultural value added by Type of Reformers (1980 to 2007) 1 2 3 Mean 3.894 2.658 3.339 Median 3.658 2.608 3.166 Standard deviation 4.171 4.707 4.179 No of Observations 19 55 150 Source: Calculated by author One of the objectives behind adjustment is to reduce the level of indirect taxation of agriculture through trade liberalisation and removing price controls. The success or failure of orthodox adjustment programmes could be said to center on the supply response of agriculture to adjustment measures given the significance of agriculture in these economies for exports, domestic food supply and hence for inflation. Measures such as currency devaluation, reduced export taxes and lower input prices (through reduced domestic industrial protection, although a countervailing effect can come from the removal of subsidies) have attempted to increase the relative prices and profitability of agricultural and other tradable goods. Table 15 gives an analysis of average growth of real agricultural value added across the countries. From the results shown, it is evident that there is no significant difference in growth rates between weak reform, moderate and strong reform periods. Looking at the country specific results in Table 16 Brazil, India, Pakistan, Sri Lanka and, Venezuela exhibit strongest growth rates in real agricultural value added during periods of before reform. For Argentina, Bangladesh and Chile the strongest the reform implementation the greatest the rate of growth. Table: 16 Before and after comparisons of growth of real agricultural value added (1980-2007) Country Before reforms After reforms Mean Median Stand Dev Mean Median Stand Dev Argentina 0.973 0.167 4.068 3.052 4.097 4.846 Bangladesh 2.322 1.013 3.018 2.891 2.530 1.932 Brazil 4.175 3.370 7.055 3.263 4.100 2.763 Chile 2.292 3.786 4.110 5.286 6.248 4.944 India 4.396 1.483 5.801 2.698 2.448 4.551 Pakistan 4.303 4.405 3.841 3.901 4.567 4.170 Sri Lanka 2.925 2.629 4.348 1.339 1.900 2.608 Venezuela 3.631 3.976 3.948 2.715 2.022 5.282 Source: Calculated by author 4.2 Manufacturing Performance under Adjustment Pre-adjustment policies gave support to a heavily protected manufacturing sector, much of which was in state hands, through heavy tariffs, sometimes so high as to allow the firm a domestic monopoly, and both direct and implicit subsidies, such as receiving foreign exchange allocations at overvalued exchange rates. In general, state-owned firms faced a soft budget constraint. As adjustment is about achieving a more efficient allocation of resources, the process should entail moving resources out of such activities, i.e. a reduction of output and employment. Table: 17 Control group comparison of policy impact on manufacturing growth by Type of Reformers (1980 to 2007) 1 2 3 Mean 6.436 3.266 18462. Median 7.033 4.662 5.258 Standard deviation 3.727 6.385 226066.5 No of Observations 19 55 150 Source: Calculated by author The results of the analysis are presented in Tables 17 and 18. Table 17 reports the simple mean and median values of manufacturing growth in the countries using the classification by policy episodes described earlier. At first glance these results appear to lend support to the view that market-based reforms in fact have has a negative impact on manufacturing growth. A more mixed picture emerges from the country-level before and after analysis in Table 18. Countries with a positive message: Bangladesh (where growth has come from liberalization permitting rapid growth in textiles, rather than successful restructuring of the old state owned sector), Sri Lanka be added to this list, having had high growth throughout the period, which may be characterised by an increasingly liberal regime. It is important that the period under study is characterized by widespread trade and financial reforms in Latin America, to which the manufacturing sector responded by promoting cost reduction strategies in order to maintain some degree of competitiveness. These strategies in most cases involved cuts in employment levels, and this can cause an upward bias in the levels of labor productivity. Second, it is important to stress that there is a large degree of heterogeneity in the national experiences across the countries in the sample. In most of the cases, the shares of manufactures in GDP and exports have declined over the last two decades, in favor of agriculture (Argentina) or mining/oil (Venezuela). In some countries the patterns of specialization remained fairly stable. Table: 18 Before and After Comparisons of Manufacturing Growth (1980-2007) Country Before reforms After reforms Mean Median Stand Dev Mean Median Stand Dev Argentina -1.144 -2.685 7.593 2.758 4.645 8.307 Bangladesh 4.667 4.373 2.985 10.941 10.204 3.012 Brazil 1.783 0.946 7.451 145724.200 1.700 635193.000 Chile 0.127 3.096 12.132 4.958 5.241 3.565 India 6.942 6.959 3.060 1.651 1.609 0.677 Pakistan 8.400 7.885 2.649 8.826 7.999 3.132 Sri Lanka 5.714 5.184 3.432 33.673 30.536 17.483 Venezuela 2.323 3.432 3.998 2.035 1.854 0.796 Source: Calculated by author In several countries (Bangladesh and Sri Lanka) industrial growth has been partly based on the creation of new enterprises in more labor intensive sectors rather than successful restructuring of existing enterprises, though there has been some of that in the Sri Lankan case. 4. CONCLUDING REMARKS In this paper market-oriented policy reform has taken place in the 8 countries under consideration. Have these changes had beneficial effects on economic performance is the question to be investigated in this paper? For a very large number of indicators reviewed, performance has been better in reforming economies in some cases while it is unsatisfactory in others. Although there are deficiencies in both control-group and before and after analysis, these results are both strong and consistent, suggesting that there is something going on here. But care must be exercised in deciding what that something is. This paper has a few important findings to report. First, in spite of problems of implementation, many less developed countries of South Asia and Latin America have undertaken significant policy reforms during the 1990s, particularly trade liberalization, pricing and marketing reform, and the creation of a policy regime favorable to foreign direct investment. The national policy environment at the end of the 1990s in many less developed countries is thus very different from maintaining a given level of net transfers to a country involved high transaction costs associated with the continual negotiation of the proportion of scheduled debt payments to be serviced from the country’s own resources that at the end of the 1980s. It has moved decisively in the direction of economic liberalization. Second the impact of economic reforms in South Asia on the policy environment presents a mixed picture. The industrial and trade policy reforms have gone far, though they need to be supplemented by labor market reforms which are a critical missing link. The logic of liberalization also needs to be extended to agriculture, where numerous restrictions remain in place. Reforms aimed at encouraging private investment in infrastructure have worked in some areas but not in others. The complexity of the problems in this area has been underestimated, especially in the power sector. This has now been recognized and policies are being reshaped accordingly. Progress has been made in several areas of financial sector reforms, though some of the critical issues relating to government ownership of the banks remain to be addressed. However, the outcome in the fiscal area shows a worse situation at the date than at the start. Thirdly, our results would also support a case for more extensive structural and institutional reforms that is, for broadening the scope of reform because pushing macroeconomic reforms to the levels of performance achieved in the faster- growing. The policy debates triggered by the crises and lagging economic performance in Latin America have not produced a clear â€Å"winner,† much less a new consensus. In this regard, they differ from the debates of the 1980s, which led to the â€Å"Washington consensus,† a set of policy prescriptions that was widely supported by policymakers and economists both in the region and outside. Most economists and policymakers including many that continue to believe that stabilization and liberalization were the right policy prescriptions in the 1980s and early 1990s will now take the view that the â€Å"Washington consensus† agenda needs to be either augmented or replaced. Finally, new prescriptive ideas on reforms have tended to be realistic, emphasizing that reforms need to be modified to country circumstances. For example, the work on â€Å"Politics of Policies† sponsored by the Inter-American Development Bank starts with the premise that weak institutions are a common problem in Latin America, but argues that the solutions might be quite different across countries, depending on the â€Å"political game† that is currently in place. In the same vein, Hausmann, Rodrik, and Velasco’s (2005) â€Å"growth diagnostics† approach argues that the binding constraints to growth in Latin America might be completely different across countries, and that the key to successful reforms lies in correctly identifying this constraint on a case-by-case basis. REFERENCES o Beinefeld, M., 1995, Structural Adjustment and Tanzanias Peasantry: assessing the likely long-term impact, pp88-130 in Jamal 1995 o Bhaduri, A. and Skarstein R., 1996, ‘Short-Period Macro-economic Aspects of Foreign Aid’, Cambridge Journal of Economics, Vol 20 No 2: 195-206 o Bryceson, D., 1999, ‘African Rural Labour, Income Diversification and Livelihood Approaches: a long term development perspective’, Review of African Political Economy, Vol 80: 171-89 o Bryceson, D., Kaye, C. and Mooij, J. (eds), 1999, Disappearing Peasantries? Rural Labour in Africa, Asia and Latin America, London: Intermediate Technology Publications o Caballero, Ricardo and Stavros Panageas (2006), â€Å"Hedging Sudden Stops and Precautionary Contractions,† Journal of Development Economics, August. o Calvo, Guillermo and Ernesto Talvi (2005), â€Å"Sudden Stop, Financial Factors and Economic Collapse in Latin America: Learning From Argentina and Chile,† NBER Working Paper 11153. o Easterly, W. and Levine, R., 1997, ‘Africa’s Growth Tragedy: Policies and Ethnic Divisions’, Quarterly Journal of Economics, Vol CXII No 4: 1,203-50 o Easterly, W. and Rebelo, S., 1993, ‘Fiscal Policy and Economic Growth: An Empirical Investigation’, Journal of Monetary Economics, Vol 32 No 3: 417-58 o Economist Intelligence Unit, 1999a, Country Profile Guinea-Bissau 1998/1999, London: EIU 1999b, Country Profile Eritrea, Somalia, Djibouti 1998/1999, London: EIU 1999c, Country Profile Sri Lanka 1998/1999, London: EIU 1999d, Country Profile Kenya 1998/1999, London: EIU o Eichengreen, Barry, and Ricardo Hausmann, eds. (2005) Other Peoples Money: Debt Denomination and Financial Instability in Emerging Market Economies. Chicago: University of Chicago Press. o Engberg-Pedersen, P., Gibbon, P., Raikes, P. and Udholt, L. (eds), 1996, Limits of Adjustment in Africa, Oxford: James Currey / Portsmouth: Heinemann: 141-214 o Goldstein, M. and Montiel, P., 1986, ‘Evaluating Fund Stabilisation Programmes with multicountry data: some methodological pitfalls’, IMF Staff Papers, Vol 32 No 2: 304-44 o Guhan, S. and Nagaraj, K., 1995, ‘Adjustment, Employment and Equity in India’, Employment Papers 4, Geneva: International Labour Office Employment Department o Hanmer, L., Pyatt, G. and White, H., 1999, ‘What do the World Bank’s Poverty Assessments teach us about poverty in sub-Saharan Africa?’, Development and Change, Vol 30 No 4: 795-823 o Horton, S., Kanbur, R. and Mazumdar, D., 1994, Labor markets in an Era of Adjustment, Washington, D.C.: Economic Development Institute o Husain, I. and Faruqee, R., 1994, ‘Adjustment in Seven African countries’, in I. Husain and R. Faruqee (eds), 1994, Adjustment in Africa: lessons from country case studies, Washington, D.C.: World Bank: 1-10 o Imbs, Jean M., and Romain Rancià ¨re. (2005), â€Å"The Overhang Hangover,† Policy Research Working Paper no. 3673, World Bank, Washington, DC. o Jamal, V., 1995, Structural Adjustment and Rural Labour Markets in Africa, London: Macmillan Press o Kanji, N., 1995, ‘Gender, Poverty and Economic Adjustment in Harare, Zimbabwe’, Environment and Urbanisation, Vol 7 No 1: 37-54 o Killick, T., 1995, ‘Structural Adjustment and Poverty Alleviation: an interpretative survey’, Development and Change, Vol 26 No 2: 305-31 1999, ‘Making Adjustment Work for the Poor’, ODI Poverty Briefing No 5 May 1999, London: Overseas Development Institute o Krishnan P., Selassie, T.G. and Dercon, S., 1998, The Urban Labour Market During Structural Adjustment: Ethiopia 1990–1997, DPS 98.17, Università © Catholique de Louvain: Center for Economic Studies o Lall, S., 1995, ‘Structural Adjustment and African Industry’, World Development, Vol 23 No 12: 2,019–31 o Levine, R. and Zervos, S., 1993, ‘What Have We Learned about Policy and Growth from Cross- Country Regressions?’, American Economic Review Papers and Proceedings, Vol 83 No 2: 426-30 o Matin, K. and Wasow, B., 1992, ‘Adjustment and Private Investment in Kenya’, IBRD Policy Research Working Papers No 878, Washington DC: World Bank o Mosley, P., Harrigan, J. and Toye, J., 1991, Aid and Power: the World Bank and policy-based lending, Vol I, London: Routledge o Otani, I. and Villanueva, D., 1990, ‘Long Term Growth in Developing Countries and its Determinants: an empirical analysis’, World Development, Vol 18 No 6: 769-83 o Rodrik D., 1999, ‘The New Global Economy and Developing Countries: making openness work’,Overseas Development Council Policy Essay No 24, Washington, D.C.: Johns Hopkins University Press for the Overseas Development Council o Roemer, D., 1996, Advanced Macro-economics, New York: McGraw Hill o Sahn, D., Dorosh, P. and Younger, S., 1994, ‘Economic Reform in Africa: a foundation for poverty alleviation’, Cornell Food and Nutrition Policy Program Working Paper No 72, Ithaca: Cornell Food and Nutrition Policy Program o Sala-i-Martin, X., 1997, ‘I Just Ran Two Million Regressions’, American Economic Review Papers and Proceedings, Vol 87 No 2: 178-83 o Savvides, A., 1995, ‘Economic Growth in Africa’, World Development, Vol 23 No 3: 449-58 o Schiff, M. and Valdes, A., 1992, The political economy of agricultural price intervention in Latin America, San Francisco: International Center for Economic Growth ICS Press o Stewart, F., 1994, ‘Are Short-term Policies Consistent with Long-term Development Needs in Africa?’ in Cornia and Helleiner (1994): 98-128 o Stiglitz, J., 1998, Towards a New Paradigm for Development: strategies, policies and processes, 1998 Prebisch Lecture, mimeo o Toye, J., 1994, ‘Structural Adjustment: context, assumptions, origin and diversity’ in R. van der Hoeven and F. van der Kraaij, Structural Adjustment and Beyond in sub-Saharan Africa, London: James Currey Ltd o Williams, G., 1994, ‘Why Structural Adjustment is Necessary and Why Doesn’t it Work?’, Review of African Political Economy, Vol 60 No 21: 214-25 o World Bank, 1994, Adjustment in Africa: reforms, results and the road ahead, Oxford: Oxford University Press, for the World Bank 1995, Strengthening the Effectiveness of Aid: lessons for donors, Washington, D.C.: World Bank o World Bank World Development Indicators, 2007, CD-Rom, Washington, D.C.: World Bank Research Papers on Impact of Structural Adjustment on Economic PerformanceInfluences of Socio-Economic Status of Married MalesPETSTEL analysis of IndiaDefinition of Export QuotasIncorporating Risk and Uncertainty Factor in CapitalRiordan Manufacturing Production PlanResearch Process Part OneAssess the importance of Nationalism 1815-1850 EuropeOpen Architechture a white paperBionic Assembly System: A New Concept of SelfAnalysis of Ebay Expanding into Asia

Operating Systems and Networking Coursework Example | Topics and Well Written Essays - 1250 words

Operating Systems and Networking - Coursework Example the following fields: opcode: 8 bits ra: 6 bits rb: 6 bits rc: 6 bits rd: 6 bits where ra, rb, rc, specify three input registers and rd specifies one destination register. If there is a single register file to store the identifications of all registers, how many registers could there be in that register file? 1.3. A processor has 24 registers, uses 8-bit immediate, and has 36 different instructions (corresponding to 36 operation codes) in its instruction set. These 36 instructions are classified into 4 types as listed below: Assume that the ISA requires that all instructions be multiple of 8 bits (1 byte) in length, and the operation codes (opcodes) are fixed length. Answer the following questions and write down the calculation steps involved. Type C: 6 bits of the operation code, 5 bits for the source register, 8 bits of the immediate, and 5 bits of the destination register. This totals to 19 bits. These are rounded up again to 24 bits. 24 bits are equivalent to 3 bytes. Therefore 3 bytes are required to encode type c instruction. The pipelining diagram is used to show the execution of a series or a sequence of instructions of processes of a computer. In the diagram, the sequence of instructions is shown vertically; that is from the top to the bottom. As for the clock cycles, they are often shown in the horizontal; that is from the left to the right. Each and every instruction is divided into its component stages. There are 3 instructions. Suppose a non-pipelining processor took 50 Nano seconds to process one instruction, and then it would take 3 * 50 = 150 Nano seconds to complete all the instructions. However when pipelining is used, we instead have 4 segment pipeline with a clock cycle that takes at least 10 Nano seconds approximately. 2.2. Suppose we have a slightly more complex program with data dependency and branches. Assume that in the case of branching, the instruction following a branch is always executed. Note that a conditional branch

Applying Counting Method Speech or Presentation Example | Topics and Well Written Essays - 500 words

Applying Counting Method - Speech or Presentation Example At first we had 5 choices, then 4, and then 3.The total number of options was 5*4*3=60. We had to pick three pupils out of the five. To do this, we had to start with all the 5 options, then4, and, lastly, 3 when we ran out of the top three positions. The factorial for this is: 5! =5.4.3.2.1, but we only need 5*4*3 .So how do we get rid of 2*1? If we do 5!/2!, we get this: 5!/2!=5.4.3.2.1/2.1=5.4.3we used 2, because this is what remained after picking the top three positions. This can further be expressed as: 5! / (5-3)! This means that we use the first three numbers of 5! On the other hand, combination is very simple, since the order does not matter. Dog, cat, and a goat. Let’s figure out how many different ways these animals can be rearranged. We have 3 choices for the first animal, 2 for the second animal, and 1 for the last one. Therefore, we have 3*2*1 ways to rearrange the animals. Since there are 30 runners for the qualifier, the first run can be ran by all of them, the 2nd by 29, the 3rd by 28, the 4th by 27, and so on until the remaining individual is one in the track. Hence, the answer is 30