Issues in international business Essay Example | Topics and Well Written Essays - 2750 words

Issues in international business - Essay Example Political stability would be ensured by abiding by the EUs political standards. Borders would finally be opened, reducing international barriers to the flow of goods and services, and products would now have access to all European markets. Tax policy changes would be controlled and property rights would be guaranteed, allowing foreign companies to invest on their soil, bringing jobs to the masses of unemployed. But there would be challenges ahead too. Would they be able to meet up to the standards expected of them Could they control the inflation rate Hold prices stable Grow GDP Avoid currency devaluation And minimize deficit No one had the answers, but certainly all ten of the new EU Member States were willing to try. Thus, their first step was to gather up their top economists to strategize. Optimal macroeconomic policies must be put into place as soon as possible to achieve the high standards expected as a new European nation. Each country would have their own strategy, but macroeconomic policies, in general, are adopted to avoid major economic upheavals, with the primary example being The Great Depression. These policies are set and controlled by a nation's government and central bank and include such challenges as stabilising the business cycle, facilitating long-term growth, reducing unemployment, controlling inflation and lowering the current account deficit (Parkin 534). Policy tools to achieve these goals are divided into two categories: fiscal policy and monetary policy. The powers of fiscal policy lie in the hands of the government which tries to influence the state of the economy by such measures as changing tax rates, and altering government spending and debt. On the other hand, monetary policy is steered by the central banks, which are able to adjust interest rates and alter the amount of money in circulation. These are the tools which have been used in a myriad of scenarios by the ten Member S tates inducted into the EU on 1 May 2004. Their actions have been made in an attempt to maintain a stable economy, allowing GDP to grow, deficit to decline and all the while keeping an eye on the golden ring, that is, to adopt the euro as their trading currency. In order to evaluate success of the governments and central banks of the ten new EU countries, one must first set a standard of measure. In other words, what are the goals to be met Is there a particular timeline set for these goals And then ask, how far along have they come in achieving these goals As previously mentioned, one of the major goals for the new countries is to adopt the euro as their own currency. Unlike Denmark and the United Kingdom, the new EU Member States would not have the option of voting out the single currency; but none would have chosen to anyway. Adopting the euro would probably do more alone in the first year towards achieving economic stabilization for these countries than any of the macroeconomic policies described could do in ten years. The euro essentially removes the previous risks involved with currency exchange rates and hedges against sudden inflationary impacts (Frequently Asked QuestionsECB). This results in lowering the interest rates and allows for price stability. However, to protect the current nations utilizing the euro from devaluation, the new EU Member States must be truly ready to adopt the new currency. This readiness is assessed by certain factors called the Maastricht convergence criteria established in

Gender-Based Differences in Cardiovascular Disease (CVD) Research Paper

Gender-Based Differences in Cardiovascular Disease (CVD) - Research Paper Example As reported by the American Heart Association (2006), almost 70% of the total population of the United States has cardiovascular disease. As shown in the charts above (Health Care Online, 2011), males are more prone to develop CVD than women at the age below 60. Men die 10 years younger than women from heart attacks (Kannel et al., 1976). However, this biological advantage of women over men shrinks as they age. II. Biological Theories The primary biological advantage of women over men in terms of CVD risk is the female sex hormone, estrogen. Estrogen protects women from cardiovascular disease. Most of the protective functions of estrogen originate from its role in controlling cholesterol levels. This hormone works in the liver to eliminate unnecessary cholesterol in the body (Saleh & Connell, 2007). More particularly, estrogen boosts the level of good cholesterol and high-density lipoprotein (HDL) and minimizes the buildup of bad cholesterol or low-density lipoprotein (LDL). Bad chol esterol buildup blocks blood vessels which then can disrupt blood flow to the heart. In contrast, good cholesterol reduces these blockages by minimizing the level of bad cholesterol (Vitale, Miceli, & Rosano, 2007). Estrogen strengthens the prostacyclin receptor. The prostacyclin receptor, which soothes the production of vascular smooth muscle cells and minimizes pulmonary vascular disorders, is a primary goal for estrogen being controlled by the estrogen receptor proteins— ERa and ERb (Saleh & Connell, 2007). Prostacyclin receptor can hinder the tightening of vessel walls, blood clotting, and clustering of platelets (Sugden, 2001). Thus the protein can help protect the body from heart disease. Estrogen also prevents the development of dangerous blockages by working on white blood cells. These white blood cells can cause blockages by accumulating in the interiors of blood vessels (Sugden, 2001). Women in their childbearing years have higher amount of the protein annexin-A1 in their white blood cells compared to men. Annexin-A1 stops white blood cells from aggregating in the blood vessel wall which can cause vascular disorder (Sugden, 2001). Therefore, Pre-menopausal women are less prone to CVD than post-menopausal ones. Epidemiological studies reported lower CVD risk factors among estrogen-enriched women. These findings resulted in the assumption that estrogen-enhancing therapy, such as the use of birth control pills and hormone replacement therapy (HRT), for a specified period of time before the onset of the menopause is feasible. It is assumed that estrogens assume a major physiological function when the heart exhibits reperfusion disorder, which is an injury to the renal blood vessels (Saleh & Connell, 2007). Normally, estrogen activity is interceded by particular estrogen receptors (ERs). ERs are part of the primary group of steroid hormone receptor, which can function as endothelial nitric oxide synthase (eNOS), which serves a vital function in sus taining vascular homeostasis by combining and discharging a number of soothing elements, like prostacyclin (Saleh & Connell, 2007), with possible repercussions for coronary heart function. Nevertheless, the use of birth control pills has been linked to the raised amount of C-reactive protein related to CVD. This C-reactive protein (CRP) is generated in the body as a reaction to inflammation (Mendelsohn, 2002). Recurrently high CRP levels have been connected