Select ONE of the following essay questions to answer Assignment

Select ONE of the following essay questions to answer - Assignment Example The developing nations have increased their participation in world trade from 19 percent in 1971 to 29 percent in 1999 (Saggi, 2002). However, variations were noted in terms of economic development among the different countries. For example, the African countries performed poorly in comparison with the newly industrialized economies (NIEs) of Asia that greatly prospered. The developed countries and NIEs dominated the export of manufactured goods, thereby reflecting positively on the Balance of Payments (BOP). Then again, export share of the developing countries in commodities such as, food and raw materials, declined over the period. Another major aspect of globalisation is capital and investment movements. "Aid" or "development assistance" forwarded to the developing countries, before 1980s, were replaced by private capital during 1990s. Foreign Direct Investment (FDI) became a major form of investments made in the developing countries. The migration of people between the developing and less developed nations doubled in the period 1965–90 (Saggi, 2002). A very small portion of the masses, implying the industrialists, can compete on an international level, besides the national level. For example, Lakshmi Mittal, who is a powerful presence in the global steel market, do not need to restrict his business expansion to any one nation after globalisation, unlike previous business tycoons. This fact also holds true for the banking classes because globalisation has facilitated the free flow of finance among various countries. Sportsmen and entertainers of international acclaim has also benefitted due to globalisation. For instance, the famous tennis player, Maria Sharaprova, does not only earn from the games played, but also from the international endorsements made for various multinational corporations. Even film-makers are presently able to draw greater income as the domestic earnings of films have been

Reflect on a challenge you overcame through persistence (650 words) Essay

Reflect on a challenge you overcame through persistence (650 words) - Essay Example I read the speeches of Socrates when I entered my tenth grade. It was then that i realized that I wanted to attain a speech ability like his through which i could persuade people as to what life really is about. In the tenth grade i tried competing in the debates organized by my school but i was not encouraged a bit by my parents or teachers. When i gave the auditions of my debate for the first time in school not a single stone was unturned in humiliating me by my class mates. It was then that i was quite discouraged and went into isolation for a few days to think as to if i could achieve my goal or not. However i did not lose hope and worked on my abilities to deliver speech. My aim was to participate in the debate competition as a leading participant but this aim was laughed upon by many of my class mates. In order to grasp better skills i had to sort out certain things which i lacked when delivering speeches. I suffered from the problem of stage fear and i had to cut off this prob lem first in order to deliver the speeches. To rectify this problem i started participating in activities which had audiences viewing it. The first option was of selecting different sports and participating in different activities so i could get strong in front of the audience. This greatly helped me in the field of debates as i learned to act in certain situations. After that my very next aim was to work on my debating skills. I began reading books and increased my vocabulary so i could write a better speech which would attract the audience. I learned the basics of debating through different lessons and i was successfully able to craft speeches. I delivered my speech in front of my friends and some of them praised it. This gave a boost to me so that i could compete in the next competition. I also got the encouragement of my parents and teachers after i rehearsed in front of them. I polished my skills of debating since i passed my tenth grade and was able to deliver in my next try. It was in high school that i tried for competing in debating again and this time the try was not wasted. I received a better appreciation from the crowd but still could not make up to the final participants. I erased my stage fear and learned to act in the situations of debates. It was here that the changing point of life had arrived. The teachers realized the potential in me and gave me a chance again in the last year of my high school. I learned skills from them and delivered well in the auditions. I was then qualified finally for the participants sent through my school. Although this was my first exposure to debates nationally i learned a lot from the event. I did not get to win from the event but my goal of being a debater was fulfilled. It was then that i made a platform for me to be a debater. After I passed my high school i participated in events which were outside the territory of my school and learned a lot. I have since become a debater with the right potential. My aim of becoming a debater only became successful after I went through a lot in my life. Persistence as said by Edison was the major source of success in my life. I have learned a lot through my experience and can now successfully achieve many of the aims that i had in