Tuna Industry in Philippines

With the Philippine seas south of Mindanao already over fished, local tuna producers have looked beyond the country’s fishing grounds for their operations. Marfenio Tan, former president of the Socsksargen Federation of Fishing and Allied Industry (SFFAI), continues to reminisce the days when they had to bury tons of tuna catches on the beaches because there were simply abundant supplies and demand could not cope, if not non-existent. During the stretch when the industry became the single top dollar earner commodity for Mindanao, several companies had also emerged, especially in the late 1980s and early 1990s. But the industry is going full circle again following the 2008 global collapse of several financial institutions and renewed oil price crisis. Fishing is a PhP50 billion industry in the Philippines, contributing about 4% of the country’s GNP. With an annual production volume of 2. 4 million metric tons of fish, it directly provides livelihood and employment to over one million Filipinos Tuna have high commercial value post-harvest technology equipment needed to prolong the shelf-life of tuna and other species of fish, are made available, thus playing a vital role for trading and other post harvest activities. The proximity of the city to tuna-rich fishing grounds including the Moro gulf, Sulu Sea, Mindanao Sea and adjacent Celebes Sea which are known centers of tuna abundance, is great advantage. As of September of the previous year alone, the total catch has reached a voluminous 5,031, 866 kilos where ‘sashimi† grade adult tuna comprises 35 % or about 1,774,922 kilos. The locally distributed adult tuna for local consumption ate the largely 65% chunk and distributed to neighboring cities of Davao, Bukidnon, Cagayan de Oro, Surigao, South Cotabato and as far Japan and the U. S. skipjack for canned markets in Europe and North America. The tuna sector accounts for 12 percent of total fish production and employs about 120,000 workers. Tuna industry contributes: government pursues a free trade agreement (FTA) with the Euopean Union (EU), only the tuna industry is bound to benefit from it. 24% tuna sector shipments in the tariffs in Europe Accourding to sir Soriano, tuna from the Ph ilippines are being shipped within 24 hours to anywhere in the world. * Frozen * Large tax incentives * Fast money return -Industry data showed that exports of fresh and canned tuna reached $284 million in 2011. The Board of Investments (BOI) has approved tax incentives for a P120-million expansion project of a GenSan-based tuna firm that produces choice portions of tuna for export. The expansion will start commercial operations in February, 2013, and is expected to generate jobs. It will help boost the country’s tuna exports. Currently, tuna catch here is about 1,000 metric tons daily and earns export revenues of about $300 million annually. It is the leading supplier of canned tuna, high value sashimi tuna and tuna steaks to the Japanese, European and American markets.

Poverty in the United States Essay

In the United States, poverty is mainly classified into two categories, absolute poverty and relative poverty. It is measured in terms of poverty threshold which comprehend poverty as a lack of those goods and services that most of conventional people in the society take them for granted. Absolute poverty is defined as the lack of least amount of food and shelter indispensable for maintaining life. On the other hand, relative poverty exemplifies how income relates to the median income and not necessarily that a person is lacking anything. The results from the statistics indicate that approximately 20 percent of the American population lives in poverty. One main cause of poverty in America is existence of culture of poverty which passes from generation to another generation (Mink, O’Connor, 2004). Based on the conception that anything is possible in America, the poor are thus said to be the source of their poverty. They always prefer to live life for the moment and show less interest about the future. As a result, poverty continues to increase as the underprivileged people feel lesser, unreceptive, desperate and incapable. Fluctuations of economic performance in U. S have necessitated the high rate of poverty. For instance, during recessions, the rate of unemployment increases, working hours are abridged and family incomes stagnates thus leading to poverty. Various aspects of educational system can play a major role in curbing this problem. For instance, teachers need to be tuned in to the culture of poverty and be sensitive to the enormous assortment of needs that children of poverty bring to the classroom (Mink, O’Connor, 2004). Educational systems operate in various rules and norms that will allow harmonious relationship between the cultural values of the affected children and values of prosperity and wealth emphasized in schools. References Mink, G. & O’Connor, A. (2004). Poverty in the United States: An Encyclopedia of History, Politics and Policy, Volume 1. London: Routledge

A Series Of Unfortunate Events English Literature Essay

A Series Of Unfortunate Events English Literature Essay â€Å"Although he said he was the executor, Violet felt like Mr. Poe was the executioner.† The Bad Beginning is the first book in the book series A Series of Unfortunate Events written by Lemony Snicket. The Bad Beginning marks a tragic start to the series with the Baudelaire children becoming Baudelaire orphan to the series of unfortunate events that is to follow. The story began with the Baudelaire children (Violet, Klaus and Sunny) playing by the beach when the executor of their parents’ affairs, Mr. Poe, suddenly appears and tells them that their parents perished in a horrible fire. Depressed and lonely, the children who were now orphans were told that they would live with their closest relative, a man by the name of Count Olaf. Count Olaf treats the children poorly and forced them to perform chores every single day whilst cooking up a plan to steal their fortune. The Baudelaires soon come to realize this and made an attempt to find out about his plan. Count Olafâ €™s plan of marrying Violet during the play The marvelous marriage in order to obtain the Baudelaire fortune was known to the three Baudelaires. In an attempt to continue his plans, Count Olaf threatens to take the life of Sunny, the youngest Baudelaire, by dropping her from a 30 ft tower should the other two â€Å"misbehaves†. In a desperate attempt to escape this horrible fate violet signed the paper with her left hand instead of her right and waited to reveal this secret only after Count Olaf have released Sunny. However, Count Olaf escapes and vows revenge on the children. In the story, the main protagonists, the Baudelaire children, are a very talented bunch of children. Violet, who had â€Å"a real knack for inventing and building†, constructed a grappling hook from dirty cloths and a curtain rod. Klaus, â€Å"the middle child and the only twelve† have â€Å"read a great many books and had retained a lot of the information from his readings†. Su nny, who was only a baby, likes to bite things and is tiny in size. â€Å"What she lacked in size, however, she made up for with the size and sharpness of her teeth.† Count Olaf, whose name sounds like that of a vampire, is the main antagonist. He is a villain that tries to take the Baudelaire fortune. He is best characterized by the following thought from violet; â€Å"The really frightening thing about Count Olaf, she realized, was that he was very smart after all. He wasn’t merely an unsavory drunken brute, but an unsavory, clever drunken brute.† The Bad Beginning focuses clearly on one pessimistic theme; the theme of this novel is that the world can be tough and cruel, often getting worse as time progresses. The story first starts with Mr. Poe informing the children about the loss of their parents and gets worse with the introduction of Count Olaf as the Baudelaire orphan’s new guardian. The Baudelaire’s luck then gets even worse when Count Ola f becomes hell-bent on taking their fortune. Then the story reaches its climax (ironically the part with the Baudelaire orphans in the worst situation possible) when Count Olaf threatens to kill Sunny Baudelaire. Finally, at the end of the novel, even when Count Olaf’s plot has been revealed, he still manages to escape with all his assistants from the authorities vowing revenge against the Baudelaires.

Marcoeconomics Essay Example | Topics and Well Written Essays - 4500 words

Marcoeconomics - Essay Example In periods of recession, economic activity drops down to almost null - at the end of both the consumers and the business owners; buying, selling, production and employment are at their lowest. The severity of recession is known as depression. When recession eases and the economy takes an opposite direction to take an upturn towards better financial prospects, there emerges the hope of recovery. It can be considered as the transition phase which leads to growth. As the trough advances towards the peak, the era of growth begins; the consumer confidence increases and business activity starts to pick up - since employment is generated, income of the citizens increase and hence increasing demand and hence production levels picking up and so the cycle continues. But, this activity period is coupled with increasing price levels. The boom does not last forever, even healthy economies face worst. Like recovery, this is a transition period where economy starts to move towards the bottom. Consumer purchases lowers, demand weakens and hence business activity starts to fall. There are multiple reasons that lead to changes in the levels of the economic activity - volatility of investment spending, momentum or follow the herd strategy of the consumers, technological innovation, varying inventory levels, fluctuation in government spending, effect of political conditions on business cycles, monetary policy, change in import and export situations, etc (Knoop, 2004)ii. The global financial crisis all started with the panic emerging in the banking system, with need to nationalize the banks. The credit system was affected with consumers and businesses facing difficulty in obtaining credit, housing market was highly affected. Thus, activity dropped hugely; there was fall in profits of many companies, pessimism and loss of confidence, net worth of businesses declined, and businesses precipitating into bankruptcies. This era can be characterized as Recession. (b) What are the key differences between the Classical and the Keynesian point of views Which of these frameworks has the Australian government been favouring in the global financial current crisis of 2008 and 2009 Classical economics believe that market will adjust itself and has its basis on Say's Law - people supply things to the economy and in return receive income to demand things of the value they have supplied. With regards to unemployment it is believed that unemployment is caused by excess supply due to higher wage levels. Classical economists therefore say that when left on its own, equilibrium wage levels will be achieved and economy will be at a full employment. In 1936, John Meynard Keynes, emphasized the role of the government for stabilizing the economic output over the different business cycle. He pointed out that the private sector decisions can lead to the inefficient macroeconomic outcomes, whereas public sector interference via monetary policy and fiscal policy can lead to positive outcomes. Since individuals and institutions, lead to micro level decisions which leads to economy operating below its potential output and growth. Therefore, economy should be stimulated by reducing interest rates, investing in the infrastructure by the government. This helps in economic activity to pick up. Cheaper credit will be available for businesses to fund their capital requirements

Management Issue Paper Essay Example | Topics and Well Written Essays - 1000 words

Management Issue Paper - Essay Example Good communication starts at the top of the corporate hierarchy. The managers of a company are responsible for the work performance of the entire staff. Whenever managers are unable to communicate well with the employees the workers feel isolated and they may pickup bad work habits that can hurt the efficiency of the company. For instance a lack of communication from the managerial staff can lead to discipline problems and lower overall productivity. â€Å"Effective communication empowers employees and provides clear direction and feedback agents for employees to express their thoughts, suggestions and concerns† (Papa). Good communication can enhance the corporate culture of an enterprise. Corporate culture can be defined as the system of shared actions, values, and beliefs that develops within the organization and guides the behavior of its members (Schermerhorn, Hunt, Osborn). Having a solid corporate culture can help create a work environment in which the employees feel com fortable and happy in the workplace. Poor communication can be detrimental to a firm and lead to undesirable outcomes such as friction and conflict. When the workers display conflict among the staff it can cause damage to the morale of the employees in the firm. Due to the fact that communication problems hurt the operations of a company the managers of a firm have to implement alternative solutions to improve the communication of an enterprise. If the communication problems exist at the top the problem becomes more complicated. The managers of a firm are supposed to communicate well with each other to provide leadership to the rest of the members of the staff. A way to resolve communication problems among managers is by hiring an external consulting firm to intervene and resolve the problem before it gets worse. If the reason for conflict and lack of communication between managers is associated with the presence of a particular manager a potential solution is to terminate the emplo yment of the trouble maker. Effective communication is a critical success factor in the 21st century. Due to the importance of communication the managerial staff has to take steps to improve communication whenever a company suffers from its symptoms. A way to improve communication between the managers and the employees is by implementing a feedback system. It is important to listen to the voice of the workers. Sometimes the best ideas are hidden in the minds of the floor employees. The floor employees are the ones that have the day to day experience on how a company operates. A firm can either use direct or indirect feedback. Direct feedback occurs when the employees speak directly to their supervisors or managers. Direct feedback is effective, but sometimes the employees are scared or feel threaten by the managers which inhibits good communication. Indirect feedback on the other hand is performed in an anonymous way. Two simple techniques to gather indirect feedback is by placing a feedback box in a wall so that the employees can place their feedback in a written note for the managers to evaluate. A second way to implement indirect feedback is by setting up a phone hotline. The involvement of the employees in the operations of the company is important. Communication in a firm can improve by using two way communications. â€Å"

Population in United Kingdom Essay Example | Topics and Well Written Essays - 500 words

Population in United Kingdom - Essay Example This represent an increase by 35 per cent from the previous year, but this is lower than the net peak in immigration in 2004/2005.The net increase in immigration is due to continuous decrease in emigration. For instance in the year 2009 net emigration decreased by 13 per cent. And almost 20 per cent since the net peak in 2008.9(Office of National Statistics-Quarterly report, 2011) Declining net emigration occasioned the increase in the net immigration by British citizens was 30000 as at June 2010, compared with 61000, June 2009.This was the rock bottom of net emigration of British nationals since 2001 and a decline from peak of net British emigration of around 130000 in 200/2007. Mean while the net immigration by non British nationals was 225000 in the year to June 2010, up to 23 per cent on the year to June 2009, but lower than the peaks of over 300000 seen in 2004 and 2007.In the year to June 2010, 11.4 percent of the UK population were non-UK born. Non-UK population made up 7.2 pe rcent of UK population in the year to June 2010. (timesofindia.indiatimes.com, 2011) The likely reason for many immigrants in the UK to stay for more than 12 months is education, work or look for a job. People of India subcontinent were given the highest settlement in UK.

IMF (International Monetary Fund) from 2007 to present using Research Paper

IMF (International Monetary Fund) from 2007 to present using international business perspective - Research Paper Example Globalization has huge implications for companies as it can reduce the cost structure of the companies and bring in improvement in terms of quality of products. Globalization has helped in improving international trade and investment volume as more and more companies have entered in to global market and take the shape of multinational organizations. Earlier US companies used dominate in the field of international exports and FDI. But, with changing world scenario, various European countries, Japan as well as emerging economies like India, China, Korea, etc. have reduced the dominance of USA as they are following the same footprint (Hill, 2010). For example, share of FDI of the companies of developing world have increased from less than 1 percent in 1980 to as high as 15 percent in 2008, while the share of USA based companies have declined from near 40 percent in 1980 to 18 percent in 2008(approximately) (Hill, 2010). The political scenario has also changed in this changed economic si tuation. The political dominance of US is no under great threat in this increasing market economy. Many European countries that were Communist earlier and Some Asian countries have undertaken democratic politics and stressed on building free market economies. Hence, international businesses are getting more and more opportunities to enter these economies that have in turn strengthen these economies. (Hill, 2010) In this globalized world, importance of global institutions has increased significantly in maintaining order in various economical and political fields. IMF is one of such institutes which hold an important position in this changing economic and political environment. In fact, it is helping this process of change by its policies. IMF is responsible for maintaining order and stability in the international monetary system. The performance of international businesses to a large extent depends on the operation of international monetary system. If this system operates properly, t hen, the risks associated with international business operation reduce significantly. This paper will place its focus on some important issues relating to IMF policies and its scandals since 2007 as IMF activities is closely related to the performance of international businesses. (Hill, 2010) Issues and Problems with IMF since 2007: Since 2007, a number of issues relating to IMF activities is worth mentioning as this period corresponds to the recent global financial crisis that has essentially affected internal business. Some of these issues will be looked at in this section. Failure of IMF in the early detection of US sub-prime crisis in 2007: IMF is responsible for maintaining stability in the world monetary system and any kind of crisis that my take place in future so that international businesses become aware of that event and take required steps. But IMF is being blamed for its failure to predict the materialization and severity of the financial crisis that was creates in US (B ennet, 2008). The crisis first emerged in the sub-prime market of US. There was a bubble in the market in 2006 and 2007. The movements in this market were some early sign of the upcoming event of global financial crisis. But, the IMF failed to capture those signals in sub-prime market. It is now being said that lack of technical and analytical capacity of the IMF along with US’s unwillingness to implement surveillance of financial sector by IMF were responsible for IMF’s inability to detect the early signs of the crisis and predict its emergence and severity. (Bennet, 2008; Bossone, 2008b) Changing macroeconomic Policy under global financial crisis: Although IMF failed to predict the recent global