Tuesday, February 18, 2020

Fiscal Policy Assignment Example | Topics and Well Written Essays - 250 words

Fiscal Policy - Assignment Example The fiscal policy has been instituted to see the government earn more revenue which is to be used to reduce the government debt which has been rising over the years especially following the release of stimulus packages to revive the economy after the financial crisis began. The fiscal policy currently in place disfavours the rich as it would see them pay more taxes. The middle class are also disfavoured by the fact that they have to pay 2% higher payroll tax than they have previously been paying. If not for the easy monetary policy that the country has adopted, many sectors of the economy would have been grossly affected by the financial policy and the unemployment levels would remain high. Generally, the fiscal policy will benefit those to whom the government is indebted. The Taiwan Government on has adopted an expansionary fiscal policy for the last seven years (Liu, 2013; weebly.com 2014). The policy includes raising spending on defence each year by 7.8%. The policy is aimed at stimulating domestic demand (weebly.com 2014). This measure has been taken in response to volatile exports. The government intends to invest in infrastructure and hopes that the economic growth will be more impressive. The policy favours local businesses and the general population although the government’s level of debt will keep rising. Mutikani, L. (March 22, 2013). Easy Fed softens fiscal policy punch on economy. Chicago Tribute. Retrieved March 14, 2014 from http://articles.chicagotribune.com/2013-03-22/business/sns-rt-us-usa-economy-growthbre92l03o-20130321_1_easy-policy-monetary-policy-monetary-stimulus Liu, F. (2013).Taiwan Fiscal Policy to Stay Expansionary in 2014, With More for Infrastructure: Outstanding Public Debt Likely to Rise Close to the Statutory Limit. Wall Street Journal. Retrieved March 14, 2014

Monday, February 3, 2020

Importance of religion in Persepolis Research Paper

Importance of religion in Persepolis - Research Paper Example The book gives an account of the religious rule in Iran with great sensitivity. ‘Persepolis’ is an autobiographical account of the author, Marjane Satrapi who had witnessed the transition of Iran from the monarchy to the religiously fanatic state under Khomeini. The book is written in two sequels. While the first part gives detailed account of social and religious changes, the second part gives account of her disillusionment with her country in the post revolution time, when she comes back from Europe to pursue higher studies in Iran. The book is unique in its understanding of the Islamic religion as seen through the eyes of a child and succinctly conveys the horror and fears of common man. Persepolis is distinct in its pictorial depiction and textual content that accurately capture religious fanaticism and how it impacts common men and their dreams. The paper would discuss the role and importance of religion in Persepolis and defines various characters and how people in teract with each other under new regime, headed by the religious leaders, Khomeini. The author has sensitively portrayed the changing socio-religious paradigms of Islamic revolution in Iran through graphics which she had drawn herself. The early childhood of the author was spent in modern society which enjoyed the amenities and lived in a free society that was not constrained by religious dictums or fanatic religious guidelines that suppressed the voice of women.