Saturday, September 14, 2019
Russian Minority and Border Issue in Baltic States
1. Historical background * Before the 18th century Baltic region had quite few contacts with Russian culture and Ortodox civilization. Region was already integrated to the West! And there was quite little common in the history of Lithuania in one side and Estonia+Latvia in another side! * Only since the end of the 18th century we can speak about the Baltic region as a region what has a common destiny. Destiny which is not pleasure to Baltic states.Since 18th century all Baltic States were as a part of Russian Empire: * Estonia and Livonia (modern Estonia and Latvia) as a part of Swedish Empire was incorporated into the Russian Empire after the Sweden's defeat by Russia in the Great Northern War in 1721. * The Polishââ¬âLithuanian Commonwealth (created in 1569) was partitioned in 1795 by the Russian Empire, Prussia, and Habsburg Austria. The largest area of Lithuanian territory became part of Russian Empire. * After the World War I in 1918 all baltic countries got independence.Thi s period was extremely important for national self-consciousness. * And again were occupied in 1940 by Soviet Union. After incorporation into Soviet Union Stalinistic red terror regime was started in Baltic region: systematic persecution and physical destruction of political, cultural, military elite of the nations. Mass deportations (to Siberia for example) began, also nationalisation and industrialisation were started. Strong ideological pressure by communists. So Latvians and Estonians historical hatred against Germans turned now against Russians.But memories from independence time actually helped these nations to survive Soviet period ââ¬â at once we were independent, maybe will be again! * Regained their independence in 1990 after the fall of Soviet Union. Face some problems with Russia. As we can see all Baltic States was in similar position since 18th century. But if we look deeper, we can find that all these occupations made different impact on each country which caused different problems in each country. It was made by Russia delibarately. Latvia and Estonia had better industrial infrastructure before Soviet rule so it was more easy to carry on extensive industrialization here.Because of industrialisation there were lots of russian workforce brought to Latvia and Estonia. Lithuania was not so industrialized, so demanded more investments and also had more free workforce in its own rural districts, so Lithuania effectively prevented extensive Russian immigration, Latvia and Estonia couldnââ¬â¢t. 2. Issues after gaining independence As I mentioned before each of Baltic country faces different problems with Russia after independence. In Latvia and Estonia the biggest still remains russian minority issue. 2. 1. Russian minority issue.After gaining independence (in 1990) there left a huge russian minority in Estonia and Latvia, about 30% of population were russians. It was a huge problem to these countries bacause they wanted to emphasize their natio nal identity, unique language and culture. So the integration process of russian minorities was started just after the independence. Estonian citizenship was given only to the russians who lived in Estonia before World War II and their descendants. All Estonian residents, who had been Soviet citizens, had the right to register themselves as citizens of Russia or to choose any other citizenship.The Estonian Government actively promotes the acquiring of Estonian citizenship through naturalisation, thus reducing the number of persons with undetermined citizenship. A person who wishes to acquire Estonian citizenship by naturalisation must have been a permanent resident of Estonia for at least five years, have a basic knowledge of the Estonian language, have knowledge of the Constitution of the Republic of Estonia and the Citizenship Act. Residents without citizenship may not elect the Riigikogu (the national parliament) nor the European Parliament, but are eligible to vote in the munici pal elections.In 2012, 84. 3% of Estonia's population held Estonian citizenship, 8. 9% were citizens of other countries and 6. 8% were of undetermined citizenship. The same in Latvia ââ¬â latvian citizenship was given only to the russians who lived in Latvia before World War II and their descendants. There is quite common non-citizen status in Latvia. Latvian non-citizens can be regarded neither as citizens, nor aliens or stateless persons but as persons with ââ¬Å"a specific legal statusâ⬠. They have the right to a non-citizen passport issued by the Latvian government as well as other specific rights.They have their own magazines, itââ¬Ës like uique community in Latvia. So a lot of russians donââ¬Ët bother about latvian citizenship and seek latvian citizenship only if they want to attend in political arena, because as non-citizens they canââ¬Ët do so. Otherwise there is no point for russians to learn latvian language. Russians in Latvia claim: ââ¬Å¾Latvian lang uage? Why do we need it? Americans didnââ¬Ët learn American Indian language, british didnââ¬Ët learn aborigine language. ââ¬Å" Situation in Lithuania is totally different. There are 80% of lithuanians in Lithuania.Historically minorities in Lithuania usually knew and nowadays know lithunian language pretty well, apart some exceptions. Russiaââ¬â¢s attitude to this issue. Russia is always complaining about russian minorities in Baltic countries. Russia state to European Union that human rights are trampled on because there is no appropriate respect to russian minorities in baltic countries. Complaints include all Balttic states although russian minority is not essential issue in Lithuania. Only 5,8% of total population are russians in Lithuania. Compared to Estonia (there is 25% of russian minority) and Latvia () , number is very low. . 2. The border issue. Estonia. Estonia had hoped for the return of more than 2,000 square kilometers of territory, named Petseri County, an nexed by Russia in 1945. The annexed land had been within the borders Estonia approved by Russia in the 1920 Tartu Peace Treaty. The border treaty with Estonia was swiftly ratified by the Estonian parliament in 2005. However, the Russian minister of foreign affairs withdrew his signature from the Treaty because he objected to the Estonian parliamentââ¬â¢s ratification law which made reference to texts mentioning the Soviet occupation of Estonia.The border remains substantially the same as the one drawn by Stalin, with some minor adjustments. Latvia. In the case of Latvia, the border treaty was not even signed till today because Russia was angered by the Latvian parliamentââ¬â¢s desire to add a unilateral preamble condemning the Soviet occupation. Also Russia insisted that the situation of Russian-speakers in Latvia must be improved before any treaty could be signed. The Abrene District has been the main reason the two countries have not been able to agree on a border treaty. T he Latvian-Russian border is functional in de facto terms.There are two possible ways in which the situation might develop in the future. The possibility that Latvia might entirely waive the unilateral declaration or that Russia might agree to ratify a treaty with the appended declaration. Lithuania. Russiaââ¬â¢s border problems with Lithuania were different from those with Estonia and Latvia. True, nationalist Lithuanian groups questioned the legality of Russiaââ¬â¢s take-over of the Kaliningrad region from Germany, and the first President Vytautas Landsbergis demanded not only the demilitarisation but also the â⬠de-colonisationâ⬠of the region.However, all Lithuanian governments recognised the existing borders with Russia. In 1997 the Lithuanian and Russian presidents finally signed a border treaty. The Russian Duma, however, refused to sign the border agreement, openly explaining that it would remove one of the last obstacles to Lithuanian NATO membership and NATO bases. The Duma also claimed that the transfer of Klaipeda (Memel) from the Russian share of German East Prussia to Soviet Lithuania in 1945 was illegal, complained about Lithuanian politicians raising territorial claims on Russia and discrimination of Russian-speakers in Lithuania, too.However it was ratificated by Lietuvos seimas (Lithuniaââ¬â¢s Parliament) in 1999 and by Russian Duma in 2003. Russiaââ¬Ës policy with Baltic countries: * With Estonia and Latvia, Russian foreign policy is focused on the protection of the rights of Russian minorities. With Lithuania, where this card is useless, Moscow has developed more subtle tactics. * Russiaââ¬â¢s tactics take the form of oil sanctions, ââ¬Ëgas isolationââ¬â¢ and dissuasion of Western firms from investing in Baltic energy projects. * Russian interest: Baltic states as a window to Europe. Baltic States as an obstacle for Russian trade and communication with Western Europe.
Friday, September 13, 2019
Financial Report Degree Case Study Example | Topics and Well Written Essays - 2250 words
Financial Report Degree - Case Study Example Monsoon plc deals in branded variety of clothing, footwear and accessories comprising two major chains i.e., Monsoon and Accessorize. The company caters to a wide range of customers young and old, male and female, babies and children. Apart from clothing and accessories, the company also deals in home ware for instance, bed and bath lines, curtains, and other home products (Company Info, accessed 06.04.2006). Blacks Leisure plc is a high street chain of superstores engaged in outdoor clothing and footwear business all over the United Kingdom having around 104 stores across the country. The company has a diversified customer market and its store design reflect this orientation. It provides clothing and travelling products to a wide range of customers of all ages and kind. It deals in several brands and provides a range of products relating to the outdoor activities and adventure most specifically clothing, tents, outdoor equipments, accessories and instruments The comparison and evaluation presented in this report is significant in the sense that it practically employs a wide variety of financial ratios to assess the financial position and performance of both the companies. ... This comparison would assist these users in forming a rationale for their major decision-making i.e., strategic planning, investment and funds lending etc. RATIO ANALYSIS- BLACKS LEISURE GROUP PLC & MONSOON PLC Ratio analysis is the best tool to evaluate a company's performance and identify problems (Meigs & Meigs, 1993). Riahi-Belkaoui (1998) comments that financial ratios are meant to make the information in financial statements interpretable for the various users of financial statements. Similarly, we will assess and analyse the financial position and performance of the two companies Blacks Leisure plc and Monsoon plc using a broad array of financial ratios from the viewpoints of management, lenders and investors separately. Analysis For Management Management needs to analyse its performance and efforts put into the corporate affairs through the company's financial results so as to realise their strengths and weaknesses. Riahi-Belkaoui (1998, p11) says, "the profitability ratios portray ability of the firm to efficiently use the capital committed by stockholders and lenders to generate revenues in excess of expenses". Therefore, the analysis from the management aspect has been done with the help of following profitability ratios: Ratios Blacks Leisure Plc Monsoon Plc Gross Profit Ratio 53.07% 61.51% Net Profit Ratio 6.54% 15.66% Return on Capital Employed 20.23% 42.76% The Gross Profit Margin Percentage evaluates the percentage of profit earned by a company on sales after the production and distribution activities (Mcmenamin, 1999). It shows how well the company manages its expenses so as to attain maximum profit out of its total sales. Monsoon plc's gross profit ratio of 61.51% reflects that the company
Thursday, September 12, 2019
Economic downturn Essay Example | Topics and Well Written Essays - 250 words
Economic downturn - Essay Example Another cause of this economic downturn is borrowing and lending of money. For example, the banks of developed countries are keen to lend to developing countries. This makes both the lender and the borrower unstable as the lender is not left with any money for his use and the borrower gets deeper into the loan. Due to this system, the financial intervention has changed into globalized finance. In addition to that, shortages of basic necessities especially food, have also caused many economies to ruin. Recently these crises are increasing at a staggering rate. These shortages cause developed countries to be crushed under the loans from developed ones. Fluctuations in the real estate markets also fuel the downturn of any economy. For example the collapse of Lehmann brothers caused a great downturn in the US economy. Housing, being one of the basic necessities of life, has a great impact on the lives of the people. Large financial institutions invest in housing as it is a productive sec tor. People also borrow money to buy houses and expect the prices to rise so that they can get profit. The variations in the exchange rates also trigger the economic recession. An appreciation in a countries exchange rate can cause problems for other countries as well.
Brand Influence on the Behavior of Generation Y Research Paper
Brand Influence on the Behavior of Generation Y - Research Paper Example The paper "Brand Influence on the Behavior of Generation Y" discusses the factors of fashion brands that influence the buying decisions of this segment. Research shows that price, peer feedback, advertising, emotional value, product quality, brand identity and the physical environment influence the buying behaviour. These factors are discussed in detail in the following sections. This paper is based on the findings of qualitative research conducted on Generation Y fashion consumption behaviour. The benefit of a qualitative research is that it can accommodate a wide variety of sources and benefit from the scholarly work of several researchers. The study is based on analysis of secondary sources which includes research publications and online content. Major themes that recur most frequently in the secondary sources have been discussed in this paper. Research journals, textbooks and websites covering issues of brand management and marketing were consulted to collect data for this paper. The results of the research showed that rational factors affect brand consumption behaviour among Generation Y consumers as much as emotional factors. The consumers appear to be motivated by product quality and price based on their parental influence. At the same time, they are also influenced by peer feedback, brand identity and brand advertising. As a result, fashion brands pay equal attention to reflecting quality through tangible and intangible aspects in their product development and marketing practices.
Wednesday, September 11, 2019
Marketing Strategies of Dominos Pizza and Pizza Hut Essay
Marketing Strategies of Dominos Pizza and Pizza Hut - Essay Example McDonalds is the biggest player in the industry that controls 18% of the market (King, 2013). For the previous two decades, Dominos and Pizza hut have created a reputation for excellence that has yielded respect from the customers and other industry experts. Over the past five years, Dominos and Pizza hut have obtained profits due to their marketing efforts. For the period between 2010 and 2014 Dominos profits were à £251M, à £280M, à £305M, à £399M and à £405M respectively (Market Watch, 2015). On the other hand, Pizza hutââ¬â¢s profits were à £400M, à £450M, à £600M, à £700M and à £760M (Novak & Creed, 2015). Notably, marketing itself is a strategy that organizations employ to communicate with the consumers to make them knowledgeable of the services and products offered (Kotler & Armstrong, 2014). Marketing is particularly essential as it gives the company an edge against the rival firms (Boone & Kurtz, 2015). A marketing strategy engrosses the products offered, the pricing of such products, the promotion of the products and their distribution. This report will give the marketing milestones that Pizza hut and Dominos have achieved and the differences in their marketing strategies within the United Kingdom. Since its incorporation in 1995, Dominos has endeavored to be the worldââ¬â¢s best pizza delivery company. The company strives to bring accessibility, pleasure and happiness to its consumers through delivering pizza at their door steps (Farrell, 2014). The company also strives to introduce products that best satisfy the needs of its customers. Though itââ¬â¢s an international company, the company acts locally within the UK by offering delicious local tastes. The companyââ¬â¢s slogan such as ââ¬Å"fun mealâ⬠has been famous among the customers. Consequently, Dominos delights in a high market share of 9% in the UK market (King, 2013). On the other hand,
Tuesday, September 10, 2019
Literature review Essay Example | Topics and Well Written Essays - 750 words
Literature review - Essay Example Impediments such as the lack of child-care facilities and stores remaining open only during the usual working hours also exist. Child care can be very expensive, and even for those who can afford it, it is hard to find it. Consequently, it is hard for many mothers to return to work after bearing a child as also for working women to shop. To compound matters, part-time jobs are almost non-existent. Gender and work in Germany: Pre and Post Unification The division of Germany had major repercussions in gender equality, specifically in the matter of division of labor in both paid and unpaid work. In the case of East Germany, it needed and expected men as well as women to be paid workers, while in West Germany, the conservative welfare state typically consigned women to unpaid housewifery and men to breadwinning. Consequently, women of East Germany gained better equality in the labor market than women in West Germany. However, in spite of the East German governmentââ¬â¢s professed comm itment to eliminate gender inequality altogether, employed women failed to attain full gender equality, particularly with regard to occupational integration, earnings, as well as division of labor at home (Rosenfeld et al, 2001). Institutional change and family formation Institutional control over the course of life and the formation of the family remained high under the highly regulative, pro-natalist and communist government in East Germany. The strong regulative nation was abruptly replaced by the establishment of the democratic West German model after a separation that lasted 28 years. After the downfall of the communist regime in East Germany, there was an intensification of economic pressures all over Germany, and more so in the tumult of changeover in East Germany, rather than in the pre-FRG. East German women reacted to the economic confusion as well as insecurities of the process of transition with de-standardized family formation as also a high incidence of alternative fam ily modes, which was in fact according to their secular familial values. A significant part of the East German story is the strong pattern under the extreme institutional control wielded by the communist system, compared to which the de-standardization after reunification remains in stark contrast (Fasang, 2011). On the contrary West Germany underwent a process of re-standardization of family formation. This comprises of either traditional marriage as also motherhood pattern or an interruption of family formation. This schism is motivated by structural difficulties to merge a career as well as a family, tax concessions for the breadwinner of the family and the never-changing conventional family values in West Germany. In the later stages of re-standardization there is a high incidence of cohabitation, the resultant motherhood out of wedlock, as also divorce. Womenââ¬â¢s fertility and employment decisions In either part of Germany, the probability of women bearing a first child is correlated negatively, with employment as well as educational achievement. However, with second and third birth risks, the negative correlation flags. In East Germany, virtually every mother goes back to work 18 months after a birth. However, in West Germany, this ratio is a lot smaller and when the child begins nursery school/school, women enter the labour market yet again in higher ratios. These factors indicate a powerful and strong influence of
Monday, September 9, 2019
Discuss the rise in importance of FDI for Multinational Enterprises Essay
Discuss the rise in importance of FDI for Multinational Enterprises - Essay Example This deepening and widening economic integration is achieved through three main channels such as trade, foreign direct investment and the international transfer of knowledge and technology. The enterprises, which have dispersed their business processes across the globe through the channel of FDI, are termed as Multinational Enterprises (MNEs). These MNEs are the main pillars in the globalized economies which involved in the world economic activities. Though trade which principally means export-import of goods and services across the geographical regions are there since many years but the concept of foreign direct investment (FDI) is rather of recent origin. Being different from portfolio investment this type of investment entails a firm to open its subsidiary in a foreign land to expand its business activities there. In today's fast moving global economy the scale of FDI made by a multinational enterprise plays a vital role for the growth of developed as well as developing countries across the world. In this essay the rise in FDI as well as its importance for the MNEs has been vividly described in the Section-II and also an analysis of the circumstances under which FDI may or may not be an appropriate strategy for an international business has been made in the Section-III. The conclusion to the discussion has been given in Section-IV. The analysis of the rising trend in the various regions of the world and the possible impact of FDI in the host and home economies has been made in this paper. II. FDI: The Increasing Trend in Global Economy "FDI is defined as a firm based in one country (the 'home country') owning 10 percent or more of the stock of a company located in a foreign country (the 'host country') -- this amount of stock is generally enough to give the home country firm significant control rights over the host country firm. Most FDI is in wholly-owned or nearly wholly-owned subsidiaries." (http://www.populareconomics.org/globalization/html%20/Glossary.html). Thus FDI is different from the portfolio investment which may cross borders but lacks such controls over it. This FDI may be 'Green-field'1 or 'Acquisition/Mergers'2 and also it may be 'horizontal'3 or 'vertical'4. "Thus to create, acquire or expand a foreign subsidiary, MNEs undertake FDI. The total direct capital owned by non-residents in a given country each year constitutes the stock of FDI" (Navaretti & Venables, 3). If one makes a comparison between export and FDI during the last twentieth century one can see that the exports grew much stronger than FDI in the pre 1980 period while the FDI sown an unprecedented rise after 1985. "The worldwide real GDP increased at a rate of 2.5% per year between 1985 and 1999 and worldwide exports by 5.6%, worldwide real inflows of FDI increased by 17.7%." (Navaretti & Venables 3). Also it is seen that the worldwide FDI stocks increased from $794 billion to $1, 768 billion in the second half of the eighties (Table-1). That means they more than doubled in just six years. The inflow of FDI peaked in the year 2000 but suddenly declined from the year 2001 due to slowing down of economy.
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