Global political economy Essay Example | Topics and Well Written Essays - 750 words - 2

Global political economy - Essay Example This economic crisis caused by political issues in US later spread to other countries resulting to economical, political and social problems especially in Europe, China and Africa. It started in United States due to production of excess paper assets produced for prices of houses. The US financial system anticipated a continuous increase of prices of housing and, therefore, they created more paper assets expecting that their demand will increase, but, unfortunately, the prices of housing declined leading to a financial crisis. Europe and China had purchased the paper assets for pricing of houses and, therefore, when the prices of houses declined they were also caught up in the financial crisis. The business elites who introduced the paper assets in US violated moral and social responsibility seeking their own personal gain but not the society as a whole. This was a political issue in US financial system itself and US also wanted to dominate the global political economy through supplying of the paper assets to other countries like Europe and China. It was speculated that the financial elites who were involved in the generation of the paper assets were in conjunc tion with the political elites in the US government. This is because if the financial crisis was involved in criminality why then did the political system fail to render such actions as a crime (Gup 2010, p. 24). The financial crisis spread to Europe where it was accelerated by the European political crisis which resulted from distrust among the parts of Europe in agreements. In Europe, there has been a minority group which has long felt that the European Union was put in place to support some countries like Germany and France at the expense of others. Greece experienced a debt crisis due to Greek government failure in funding them and when they approached the Germany government to bail them out, they refused due to political tensions between them (Kolb 2010, p. 30). In China, the economic

Unit 4 PP Mini Coursework Example | Topics and Well Written Essays - 250 words

Unit 4 PP Mini - Coursework Example Accidents during the erection of the tent, destruction of property during the party, fighting and other violent acts, breaking of bottles and glasses, and cuts resulting from the acts are some of the risks identified. Accidents during the preparation of the tent, cuts, and an arising medical condition require an articulate risk management strategy. While caution and guidance is required, the occurrence of such issues demands immediate first aid. As such, first aid kits and an efficient first aid individual or staff is essential for the alleviation of the possible detrimental effects that can arise. The team need to be alert and available throughout the process. Therefore, it should be a member of the planning team (Royer, 2013). In addition, violent acts and unruly behaviour, destruction of property, breaking of glasses and other acts are risks that need prioritization. These acts would most likely result from young adults enchanted by the prohibited. Such acts can be curbed by availing a security personnel during the event.The security personnel will be well equipped to ascertain minimal disruptive, with certainty of no serious effects. For instance, while it may be impossible to prevent unexpected behaviour, the personnel will ensure that such actions will not get out of hand to cause harm or destruction (Royer, 2013). The prioritization of the risks will lead to certainty in the implementation of the risk management plan. However, proper financing is critical to the success. As such, there will be need to ensure that the $500 budget will meet all the specifics of the party and stand efficiently for the risk management