The Arvin Framework Measuring An Enabling Environment For Csos International Law Essay - Free Essay Example

Sample details Pages: 13 Words: 4045 Downloads: 7 Date added: 2017/06/26 Category Law Essay Type Research paper Did you like this example? CSOs have a vital role to play in promoting community development. Some of these roles are encouraging general public consensus, promoting reforms and working on poverty reduction, help building common ground for understanding, and promote cooperation between public and private sectors and helps in giving a voice to the poor and marginalized groups in society, provide ideas and innovative solutions to meet the challenges of development; provide professional expertise and services, particularly areas suffering from post-conflict situations or humanitarian crises; and many other roles. There are certain conditions must be present for CSOs to develop capacity and perform these roles. Don’t waste time! Our writers will create an original "The Arvin Framework Measuring An Enabling Environment For Csos International Law Essay" essay for you Create order These conditions promote the growth of civil society and enhance their ability to participate in dialogue on policy and program implementation. There are many systems to measure the capability and effectiveness of CSOs. One methodological tool that achieves a high level of integration is ARVIN, a tool developed by the World Banks Participation and Social Engagement Group, and already applied in a number of countries in Latin America, Asia, and Africa. The acronym ARVIN stands for a measurement system that looks at civil society capacity with an emphasis on civic engagement, social accountability, service delivery and the factors that influence the effectiveness and sustainability of CSOs (World Bank, 2007; Anheier, 2007). It can be applied to specific foci such as culture, and adapted to fields as arts education. This tool defines four dimensions that should be taken into consideration in assessing the environment for CSO capacity: the legal and regulatory framework, the political and governance context, the socio-cultural characteristics, and the economic conditions in a given country. Through measuring the freedom of citizens to associate, the CSO ability to mobilize resources to fulfil their objectives, their ability to formulate and express opinion, their ability to exercise voice and the existence of spaces and rules of engagement for negotiation, participation and public debate. The ARVIN framework designed to assess enabling environments for civic engagement examine and describe conditions such as policy and regulatory provisions, political processes, socio-cultural and economic factors in order to find answers for the extant of NGOs to fulfil its functions and achieve its goals as an agent in the development process, what are the different kind of conditions necessary for NGOs to work and sustain such as regulations, policies, financial resources and other institutional factors and what Actions can be taken to improve conditions for civic engageme nt. In this research I will use the ARVIN framework in order to measure the enabling environment for Arts NGOs working in Egypt to understand the extent of the effectiveness and usefulness Arts NGOs projects implementation in Egypt. Chapter one The legal restrictions to civil society organizations- Key obstacles to free association When considering the challenges that CSOs experience as a result of government policies and regulations, it is necessary to understand the legal position of the State today. The civil society sector is identified as a State partner in development. Nevertheless, there remains an enormous gap between the intentions stated in the political discourse and the reality on the ground. The role of NGOs must be understood as part of a community Activity within the State and not as believed by many against the State. The government in Act No. 84 of 2002 dealt with NGOs as a danger of power surrounding the State and must be faced- and as a respond by many NGOs, they rejected the idea of a law regulating their work on the same basis. The government is considers an imaginary construction infused with the political system where the NGOs exist to maintain the free expression of individuals and groups. The problem then, is not the elimination of one party to another, but rather to fill the gap as w ell as to connect the sectors with different levels of development. Community organizations become a tool for feedback of power through the Activities of civil society and a source of information necessary for the planning of development. The Act No. 84 of 2002 is believed by many Activistsà ¢ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ¢ viewpoints suppress the volunteer work and displays the civil society organizations to risk, as it is considered one of the most restrictive laws in Egypt. Since Act 84/2002 entered into force in mid-2003, it gave the opportunity to the government to control different level of CSOs operation. CSOs of all kinds have faced crucial issues because of this law such as gaining registration number, obtaining funding authorization, the interference by the government and security forces in the CSOs Activities. This Act affected the work of civil society organizations and considers being a restriction of fundamental rights to freedom of as sociation. As well as the Security services role which exercises considerable influence over all operations relating to registration, funding and activities of non-governmental organizations, without a legal basis behind the provision of maintenance of public order, through a broad mandate granted to them through the application of emergency law  [1]  (Human Rights Watch, 2004). Legal obstacles faced by NGOs in Act 84/2002 Registration For an NGO to be legal, it must be registered with the state. While some NGOs try to avoid registration, many find it almost impossible to operate successfully without the government-issued NGO identification number. The many who do decide to register have to go through the MOSS , which Article 2 of Law 84 established as the government authority to approve or disapprove NGO registrations. Registration is mandatory under Law 84 for any group that has more than ten members and exists for a purpose other than gaining physical profit. (Law 84/2002) The registration process is considered a time-consuming and subject to full discretionary of the MOSS, Act 84 allows the government to deny the legal foundations of an NGO, and allows the government to regulate not just the formal existence of NGOs but also their goals and intentions. Article 11 of Law 84 is specifically used to prevent the registration of NGOs based on what their goals are perceived to be. Also reject registration applic ations based on vague reasons such as the account that the objectives of the NGO constitute a threatening national unity or violating public order or morals. Sometimes the rejection is that the NGO work includes any political Activity. The vague provisions of threatening in article 11 provide generous loopholes for arbitrary interpretations as to the grounds on which an NGO or its Activities can be declared illegal. Additionally, when NGOs try to fight rejections based on Article 11 grounds, they often receive little additional justification for their rejections, or face lengthy court battles that can drain their funding. While the legal power lies with the Ministry, in practice everything considered being of political significance is automatically referred to the secret services, which exercise an extra-legal role in this regard. This, in turn, makes it impossible to take legal measures against their decisions. In order to escape the harsh limitations under Law 84, NGOs register in the legal form of a law firm, a non-profit company or a research centre, among others. Others establish themselves as branches of Europe-based paper companies. Yet others undertake a year-long struggle finally to be registered under the Associations Law. Monitoring If an NGO successfully navigates the challenge of registration with the Ministry, it faces additional hurdles in operation. Law 84 allows the government freedom of interference in almost all NGO Activities, with the threat of dissolution always looming in the background. According to Article 25, the Ministry entitled to assign a representative to attend the organizations meetings and even call a meeting of the general assembly. The Ministry also requires that the NGO send the Ministry a copy of the minutes from each meeting within thirty days of it taking place. Regulation of Activity is also attained through rules regarding the composition and number of board members. While the Ministry of Social Solidarity is formally in charge of NGO affairs, in practice it deals with their daily matters by permanent interference through the State Security Investigations (SSI) via demands, questions, orders etc. The SSI interferes massively in any matter of political significance and plays a central role in determining the fate of NGOs. Its interference is greatest with regard to politically significant issues such as the decision over whether to register new association nominate board members or allow foreign funding. Crucially, the massive interference by the SSI lacks any legal foundation. The SSI de fActo controls not only the registration of new groups but also implements a policy of systematic monitoring and harassment of existing NGOs. In practical terms, the influence and harassment of both the Ministry of Social Solidarity and the SSI are being felt by NGOs on a daily basis. The harassment of NGOs by secret service agents also creates additional funding problems: whenever private businessmen want to donate funds to one of those NGOs, they are systematically harassed, and on many occasions this has led them to withdraw the funds. Funding Another realm in which the Ministry exercises great control is the funding of NGOs. The law gives the Ministry exclusive authority to control NGOs management of finances. This provision raises the question of credibility. Many NGOs have come to rely on foreign funding to keep their organizations running, since domestic sources of funding are often few and far between. However, according to Article 17, Associations have the right to receive donations only following the approval of the Ministry of Social Solidarity MOSS. Permission from the Ministry is required for all funding from foreign sources. Also, there are strict protocols regarding the transfer of foreign funds, one of which stipulates that all foreign funds must be deposited into designated bank accounts during the review period, none of which the NGO can access. The law also states that the Ministry must give its final decision within sixty days. However, since the NGO cannot access any of the funds during this period, the waiting period can often drive the NGO to insolvency. As to obtain funds from foreigner entity the law indicates that it cannot happen without the permission of the Minister of Social Solidarity himself. Moreover, Fund raising campaigns such as organizing fairs and public events to collect money also require prior approval and complex procedures that are controlled by the Ministry of Social Solidarity. CSOs argue that proper registration of an NGO and the Ministrys yearly financial monitoring is enough to control any misuse of donations and that the process of approval and allocation of such funds should be placed rather under the supervision of the General Federation of NGOs. Penalties Violation of the law can result in criminal penalties, including imprisonment, fines, and the involuntary dissolution of the association. Setting up an association whose Activities are determined to be clandestine is punishable by up to a year in prison and up to LE 10,000 in fines. However, Activities that are prohibited in Article 11 are not clearly defined, that many NGOs are subject to penalty without being clearly forewarned of their illegal Activity ( Agati, 2002), leaving the MOSS discretion to determine whether a violation has occurred. For example, Activities are prohibited if they are deemed to threaten national unity or violate the public order or morals, as the dissolution of associations is regulated in articles 41-47 of Law 84/2002. The decision can be taken by the Ministry of Social Solidarity and does not require a court ruling. In order to appeal the decision, the NGO may not go to court directly but must first take the case to a three person dispute committee. If the committee has not decided on the issue within sixty days, the NGO may take the issue to the Administrative Court according to article 7. The effect of Act 84/2002 over the Arts NGOs in particular The effect of Act 84/2002 over the Arts NGOs is deeper than the rest of organisation in this context, as there are three of the former main obstacles which have a bigger impact on Arts NGOs in particular and they are the lack of freedom which is represented in the constant interference from the SSI, the prohibiting of practice certain Activities and the restrains over the foreign funds. The Arts for development work are considered in a constant threat under the Act No. 162 of 1958 of the emergency law, where the first section of article three of this allows the government to restrict freedom of assembly, movement and residence and to hold and detain persons suspected of posing a threat to security and public order as it has the right to search individuals and places without adherence to the Code of Criminal Procedure. It is true that this section does not affect the arts organizations particularly; however, it raise concerns to everyone exposed to this law. The impact of such a law on the culture generated through its application across more than thirty years, which created and effected an entire generation. One of the most notable consequences of this culture is the fear of assembly in a practical regulatory framework, as well as the fear of substantive exposure to religion, politics and sexual subjects. It is true that, this happens in many contexts of arts works, but requires several conditions to make this prohibited element as a minor one. The lack of substantive exposure to any of these items not only generated from the culture of the practice of law but also to verbal orders issued by the State Security Service officers, to any of those who are being interviewed for the verbal statement to either complete the registration procedures for their organization, or begin a new project for the organization. It remains to indicate that this verbal approval or rejection remain without evidence of any of them, and become easily to unalterable at any time. Thus, a comprehensive and effective area of practising freedom, which affect the development process for Arts NGOs become closed by using the emergency law, as well as the ideas of projects of this category of organizations, suffer from lacking diversity and become closer to the typical rather than effectiveness, and closer to superficial rather than depth and impact sustainability. The funding difficulties faced by Arts NGOs due to cultural and social reasons, which will be discussed in another chapter, has a remarkable distinct from those faced by other institutions, where it becomes essential to rely on foreign funders, whether governmental or nongovernmental for achieving efficiency and sustainability. Foreign funding is often appended to any unwanted NGO by the authorities as an unjustified stigma hunting of reputation of that organization, hoping to undermine its work with the organisation expected target group through the promotion of the concept that foreign funds are always contaminated with the objectives of sabotage and occupying force, and therefore, those who work in this organization are a group of traitors, agents and spies for foreign powers, and so the operational plans for any project could be jeopardize once it labelled by foreign funding, and that labelled organization does not lose just a project, but lose its credibility among the society as well as with the funders, following this failure which is difficult to be justified by documentation. Chapter two Egyptian NGOs resources barriers One of the key factors that affect the effective management and sustainability of non-governmental organizations is the continuity of provision of funding from donors. The attention increased recently to the need to increase the financial resources for non-governmental organizations, in order to activate the role they can play in promoting the development process and improve the quality of services they are providing to public and to increase their ability to achieve the goals they aiming for. Funding the NGOs is one of the most influential factors worthy of study, as it is considered the main engine for their various activities, which the efficiency of the services provided by the association relies on the adequacy of funding directed to it. The purpose of funding for NGOs is to find the funds necessary for the maintenance of all administrative processes and the various Activities and programs of the organization. Funding difficulties is one of the fundamental problems that fac ed by non- Governmental organizations in Arab countries, consistent with the level of development of society, and political circumstances, social conditions and lack of resources available. Private sector, is supposed to be the primary source of CSOs funding, and expresses support for the social needs provided by these organizations. But the fact that this source is facing several obstacles to a sprouting: that existing legislation does not encourage such a move as existing in developed countries such as a deduction from the container and also of the scarcity of institutions involved in providing support to civil society organizations. One of these obstacles as well as the absence of this tradition as an orientation in the position to do so, and the departure of the main part of their contributions to support humanitarian activities. Domestic funding problem The private sector internationally is considered a major source of funding to the third sector in order to promote and support development projects; however in Egypt the situation is different, as this sector donation for serving community development is consider limited compared with what is expected due to various reasons such as the policy restrictions and interferences from the government and SSI, the absence of tax relief on funding submissions for NGOs, The existence of other forms of contribution and donation relating to religion which makes the opportunity directed to services, other than direct assistance to individuals and families impossible. The religious NGOs (Muslim and Christian) are considered in the forefront of national voluntary associations which do not suffer from the problem of funding due to their ability of mobilizing their resources such as the Zakat contributions  [2]  which is a religion obligation for Muslims who are considered the majority in Egypt, as this financial recourse significantly contributes in operating several charitable and religious organizations. Foreign funding problems It should be noted that the issue of foreign funding is a serious issue raised on the Egyptian arena for a long time, especially with limited sources of funding. This issue can be summarized in that non-governmental organizations in Egypt cannot accept funds from foreign organizations or governments under certain circumstances as it consider illegal. The government consider the foreign funding for local NGOs in a certain situation as a potential plan for achieving political reorientation of the public away from government control. Varied views on this issue were divided between supporters and opponents. The most weighty arguments in favour as follows: the world in light of globalization has become a small village, where the information available to all, where there is no longer be concealed. The funding for the service of citizens are allowed in all countries of the world, while the funding is only prohibited covert funding or targeted for political Activity. Also, recipients deal with donors on the basis of the stated purposes or objectives, so convergence of interests may be a significant reason to provide funding. Opposing views has subjected CSOs to accusations that the foreign funding is presented in order to implement hidden foreign agendas and that these CSOs representing a homogeneous bloc of Western interests seeking to dominate Egypt. This perspective in turn creates a siege mentality' among actors who believe they are acting in the government and states national interests As was presented in the previous chapter it is considered illegal to obtain a foreign fund without the explicit authorization from the Ministry of Social Solidarity and this authorization may take up to sixty days while the fund is frozen and cannot be touched by the NGO. The governments ability to block approval of foreign funding is a powerful weapon. Many Egyptian organizations rely heavily on the support of donor organizations based outside of Egypt, a source of nationalist sensitivity. Foreign funding is an issue regularly demonized by the government and the media, even though the government itself is a major recipient of foreign aid. A significant extra-legal implementation practice relates to the involvement of security services in the foreign funding determinations. The Law clearly does not require the approval of the security services. NGO representatives, however, report that the Ministry of Social Solidarity does not approve foreign funding applications without their approval. Some also added that the process often involves coordination between the chiefs of security departments in different governorates. Many believe that the approval of security departments is a green light for the Ministry to officially approve the funding. Reportedly, reservations made by security departments in some ministries make obtaining the approval of the security department in the Ministry of Social Solidarity impossible (Sharaf, 2004). Therefore, the arbitrar y procedures and laws in this context, is considered a waste of existing opportunities, funding is not required for its own, but it must contribute in solving the problem of society and be a contributing factor to the role of government in assisting the association (Nafie, 2001). As a result, Egyptian CSOs are facing serious challenges relating to financial sustainability and the continuity of their activities (Kahalil Mourad, 2007). The effect of the financial issues over Arts NGOs work in Egypt As all NGOs, the arts NGOs face problems in funding,but this problem affect these NGOs better than others as for social and culture reasons Arts NGOs have a very limited access to the private sector fund. One of the main activities carried out by Arts NGOs is to hold various forms of celebrating events, perhaps the primary purpose of the holding some of these events is for developing financail resources by using diffrent ways , but remains one of the most common ways in the world is selling tickets.The fact that Act No. 84 of 2002, section 18 indicate that: The assosiation in order to realize its purposes and reinforce its financial resources, may set up service and productive projects, celebrations, charity, exhibation, and sport games. But the law in Article 59 of its executive regulations regarding parties or celebrations gives the organization only one party a year exempt from income tax, the tax regulated by Act No. 24 of 1999, the tax is collected from the direct income re sulting from the sales of the tickets and not from the profit, and this force the organizers of the ceremony to raise the prices of the ticket to compensate what will be deducted for the tax, as well as compensation for potential losses if they are not selling full tickets, Moreover, the same law states in Article seven that: exploiters of performances and concerts from the temporary set up in places not owned by them and are not intended by nature to create presentations or parties constantly, a deposit of cash or providing a letter of guarantee or cashiers check accepted from an accredited banks equals the amount of tax due on the ticket, submitted for stamping on the basis of place full capacity to settle the due tax within three days from the date of the event. Thus, the organization that maintains a party or celebration paying the tax of the tickets sale in advance and refund the tax on unsold tickets after the end of the ceremony which is considered a deliberately bureaucr acy from the government to disrupt this work. All that is considered a heavy burden to those who want to organize a party from any Arts NGOs and Organization in this case cannot find a way other than adding a substantial portion of this burden to the public, which may be in most cases, is targeted by the ceremony, and this public in most cases, are members of the poor level of the society, where the ticket price, which has become expensive, become an economic burden on any of the members of the public to pay and thus pushes him to refrain from buying it. It should also be noted that, only one party a year exempt from tax, may be sufficient for general civil organizations, as may be the focus of the organizers of the party is on marketing it to the rich classes in society and thus get a strong source to support and maintain the activities of his organisation. As for the Arts organizations, celebrating events for them not consider exceptional activity to increase their finical r esource but an essential activity of artistic and cultural service to the disadvantaged public, In other words, art events appear to the legislature just an entertainment activity and a core activity in the work of arts organizations.

Government Bureaucracy And The Economy - 919 Words

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Problems In Health Economy And Food Chains Environmental Sciences Essay Free Essays

In recent decennaries increasing attending has been paid to the environmental jobs and protection. The study conducted by Bureau of Meteorology in Australia provinces that the average temperature in the universe has increased by 2AÂ ° Celsius ; the warmer temperature increased the sea degree and endanger the environment ( 2010 cyberspace ) . It is noticed that the environmental jobs chiefly caused by human activities such as firing fossil fuels, fuel fumes from autos and alterations in land usage such as deforestation. We will write a custom essay sample on Problems In Health Economy And Food Chains Environmental Sciences Essay or any similar topic only for you Order Now Harmonizing to OECD, environmental protection refers to activities to stay or retrieve the quality of the environment through forestalling the emanation of pollutants ( 2003, Internet ) . It is believed that people should contend for environmental protection which means utilizing different methods to endeavor to get the better of the jobs and protect the environment. Environmental protection is deserving contending for as it can assist to cut down wellness jobs, stable the economic system and keep a healthy nutrient concatenation rhythm. The undermentioned essay will split into three facets, wellness, economic system and the rhythm of nutrient concatenation and explicate how the current environmental jobs affect these facets. Harmonizing to those three facets, the essay will besides explicate the ground of environmental protection is deserving to contend for. First, environmental job such as air pollution is going an progressively greater hazard to wellness ; therefore environmental protection is needed in order to protect the human wellness. The research from the Clean Air Healthy Communities states that air pollution can be caused by growing of population which may hike the petrochemical smog and auto emanation and impact the air quality ( twelvemonth unknown, cyberspace ) . It is believed that hapless air quality may take to respiratory unwellnesss such as asthma and allergic reactions. Zwillich states that by protecting the environment, the emanation of air pollutants can be reduced, respiratory unwellnesss can besides be decreased at the same clip ( 2009, cyberspace ) . Since protection can cut down the sum of take a breathing pollutants, hence environmental protection is deserving to contend for so as to take down the hazard of holding respiratory unwellnesss. Furthermore, Robins references that hapless air quality in Sydney potenti ally exposes more people to ozone concentrations and leads to wellness job such as skin malignant neoplastic disease ( 2010, 2 ) . Harmonizing to Department of Health and Ageing, Australia has the highest rate of tegument malignant neoplastic disease in the universe. In mundane, there are over 1000 Aussies are suffered from skin malignant neoplastic disease and approximative two in three Australians will be diagnosed with skin malignant neoplastic disease before 70 ( 2008, Internet ) . Since environmental jobs may take to a figure of wellness jobs such as asthma, allergic reactions and even skin malignant neoplastic disease. Therefore, environmental protection is deserving to contend for as it can take down the hazard of holding those diseases and besides help people to keep a healthy life. Furthermore, the jobs in the current environment may besides impact the economic system of the state, therefore environmental protection is importance to contend for with the intent of better brace the economic system. Harmonizing to Gilpin, the accretion of the nursery gases in the ambiance can do planetary clime alteration, hence affect the life environment and even impact the economic system of a state ( 2000 ) . Tourism is one of the major sectors in the state ‘s economic system. It is believed that touristry is closely linked to biodiversity and the attractive force created by the environment. The clime alteration may take to loss of attractive force which means loss of touristry potency and hence affect the economic conditions. Furthermore, clime alteration will increase the opportunity of utmost conditions like hurricanes and typhoons. For illustration, Hurricane Mitch in 1998 was the stronger Atlantic Hurricane ; the powerful hurricane to a great extent affected tourist ry and accordingly besides affects the economic system in Caribbean ( Global Development Research Centre, twelvemonth unknown, cyberspace ) . Furthermore, it is believed that clime alteration may besides impact the agricultural and unrecorded stock production, therefore generate negative impacts to the economic system and environmental protection should be implemented. Wang, Huang A ; Rozelle province that grain and rice production in China will fall due to the heater conditions. Besides, continued alteration in temperature will diminish the production of farm animal. For illustration, the production of beef is predicted to cut down 9.8 per centum by 2030 ( 2010, Internet ) . Climate alteration may take to loss of attractive force, affect the agricultural sector and these corporate results may impact the state ‘s economic system. Harmonizing to Raicola, environmental protection could decelerate the emanation of nursery gases and finally brace the degree of such gases stay in the ambiance and hence aid to command the clime alteration job ( 2007, cyberspace ) . It is believed that environmental protection is deserving to endeavor to implement in order to better protect the touristry and agricultural sector and accordingly brace the economic system. In add-on, lifting ocean sourness and the frequent fluctuation of conditions will impact the nutrient concatenation rhythm from underside to exceed ; the perturbation of nutrient concatenation may jeopardize the life of animate beings therefore environmental protection should endeavor to set into pattern in order to stabilise the nutrient concatenation rhythm. Increasing ocean sourness due to human emanations of C dioxide could impact the nutrient concatenation. As seas grow more acidic, extra C dioxide from the ambiance is less able to be absorbed. This will endanger the life of animate beings such as shellfish, plankton, corals and besides affect the critical nexus of nutrient concatenation ( Greenbang, 2009, cyberspace ) . In the Arctic, polar bears eat seals, seals eat codfish and codfish eat plankton. Hamilton states that animate beings in the Arctic nutrient concatenation depend on the peculiar clime of the Arctic. If rising temperatures affect one portion of the nutrient conca tenation, the full Marine ecosystem may besides be affected ( 2009, cyberspace ) . It is believed that the perturbation of nutrient concatenation will take to animate beings ‘ extinction, if the current tendency of emanation carries on, all ice dependent animate beings will necessitate to get by with a inexorable hereafter. It is certain that the dual hazard state of affairs, warming and souring oceans will impact the rhythm of nutrient concatenation ; hence the environmental protection is truly deserving to contend for in order to assist to stabilise the rhythm. By protecting the environment, the negative impacts caused by clime alteration could be relieved, it may diminish the hazard of carnal extinction and besides maintain a healthy nutrient concatenation rhythm at the same clip. In decision, recent human activities cause different environmental jobs such as air pollution, planetary heating and clime alteration. It is believed that environmental jobs have deductions on the wellness, economic system, every bit good as the nutrient concatenation rhythm ; therefore environmental protection is deserving to contend for in order to better header with the jobs. In the wellness facet, environmental jobs may take to different diseases like respiratory unwellnesss and skin malignant neoplastic disease ; therefore environmental protection is deserving to contend for so as to take down the hazard of holding those diseases. Furthermore, environmental jobs may besides interrupt the economic system such as affect the touristry sector and the agricultural production. It is certain that environmental protection should endeavor to implement with the purpose of better brace the economic system of the state. Furthermore, clime alteration upset the nutrient concatenation rhythm a nd leads to animal extinction. Therefore, environmental protection is besides deserving to contend for with the intent of maintain the critical nexus of the nutrient concatenation. It is believed that protecting the environment can assist the state to get by with wellness and economic jobs and besides the perturbation of nutrient concatenation, therefore environmental protection is deserving to contend for in order to better trade with these issues. How to cite Problems In Health Economy And Food Chains Environmental Sciences Essay, Essay examples

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Question: Discuss About The Journal Of Economic And Management Sciences? Answer: Introduction: Organization is accompanied with the complex set of activities in which various functions are performed with a view to achieve certain level of goals and objective. There are several financial tools such as ratio analysis, capital budgeting tools, NPV IRR, profitability analysis. These tools are used by investors or companies to evaluate the best suitable investment option which could be undertaken by organization to make effective use of resources in organization. It is observed that Net present value and IRR are the most suitable financial tools to select the most profitable project in the given options. It is evaluated that if companies could use these capital budgeting tools in effective manner then it will increase the overall investment value. (Zimmerman and Yahya-Zadeh, 2011). Ideally, these capital budgeting tools are used by organization when long term investment decisions are made. For instance, when Company ABC wants to invest AUD $ 1, 00,000 in particular project. Company is having 5 project options to invest its capital. In this case, project giving higher NPV and IRR will be accepted by the organization. It is considered that Net present value not only reflects the higher cash outflow but also showcases the present value of the investment or present value of cash inflow and outflow of business which it will have in future. This level of financial tools could be useful to create best value on the invested capital (Bier man and Smidt, 2012). It is evaluated that corporate decision are the key pillar for the success of organization. Investment in the particular project options may result to destruction of business if these are not taken in proper specific manner (Bennouna, et al. 2010).Financial tools such as ratio analysis, capital budgeting tools, NPV IRR, profitability analysis provide deep understanding on the associated financial factors of business. This will increase the overall project effectiveness and business and investment decisions (Gervais, Heaton and Odean, 2011). In this report, sensitivity analysis, scenario analysis and other capital budgeting tools have been depicted (African firms, 2013). Sensitivity analysis: Sensitivity analysis is a tool which provides clear view points on the variable factors on the particular investment decisions while selecting project in organization. It provides diversified value of free variables which would affect a specific variable on the basis of various assumptions and factors. However, with the ramified changes in economic factors, this Sensitivity analysis is also known as what if analysis. This analysis provides idea about what would be the changes in the cash flow of business if particular variable factors are not stable. With the help of this analysis, company could identify the particular changing factors and evaluate the changes which would occur in the selected project (Godfray, et al. 2010). For instance, If Company ABC wants to invest AUD $ 1, 00,000 in particular project. Company is having 5 project options to invest its capital in market. After implementing IRR and NPR, it is evaluated that company is having AUD$ 1, 20,000 cash inflow after five y ears (Shim, Siegel and Shim, 2011). With the help of Sensitivity analysis, investors could reconsider cost of capital based on the market inflation rate, purchasing power of economy and other associated economic factors. After sensitivity analysis, company could easily identify the changes in overall cost of capital and its impact on the inflow and outflow of business (Bierman and Smidt, 2012). Sensitivity analysis is used by the companies around the globe to identify the particular investment options and associated changing market factors that could influence companys inflow and outflow (Wright, et al. 2010). With the help of this analysis, company could gauge the possible changes in its cash inflow and outflow of business if market factors and economic factors would change. Changes in market factors will mostly affect the cost of capital of organization. This cost of capital helps organization to determine the present value of the invested amount in business. This could be determined with the example that if particular project is having 5 years life and cost of capital 10%. If due to changes in inflation rate cost of capital is also changed to 12% then it will decrease the overall cash inflow of business and net present value of the business (Bennouna, Meredith and Marchant, 2010). Therefore, it could be inferred that if market and economic factors are changed then it will also impact the investment proposal and selected project options. Net present value provides the difference between present value of cash inflow and present value of cash outflow in the business. It is considered that if there are changes in associated factors of business then it will change the amount of net present value at large (Zimmerman and Yahya-Zadeh, 2011). After evaluating all the factors and calculations of projects, below graphs could be used to showcase the changes in net present value after implementing sensitivity analysis (Adair, 2011). Sensitivity analysis is the main major tools which could be used to evaluate the associated risk and undertaking factors. This analysis is most useful when there is high fluctuation in the market (Fortson, 2011). Scenario analysis: It is considered that sensitivity analysis is used to analysis the associated risk and marketing changing factors but due to its cumbersome process it has some limitations. Sensitivity analysis is used to evaluate the factors and affecting factors which could emerge due to the changes in more than one factors of market. This analysis helps investors to evaluate the possible changes in investment project and its associated factors which may result to changes in the cost of capital and cash inflow and outflow (Adair, 2011). Scenario analysis is implemented to identify the possibilities of project viabilities. It is considered that project is measured on the basis of present factors. On the other hand, Scenario analysis is implemented to evaluate all the possible changes and fluctuation in market and economic factors for the viability of project. In these Scenario analysis investors has to take assumption of three scenarios such as base, average and worst case (Garrison, Noreen, Brewer and McGowan, 2010). These all three case of the company is based on various factors such as exchange rate, yield, transportation, economic growth rate, purchasing power and employment rate of country (Garrison, et al. 2010). Factors affecting project investment Normal case Best case Worst case Yield - + 25% - 24% Exchange rate - +10% - 8% Transportation cost - -15% +25% Marketing cost - -8% +23% Sales cost - + 5 % - 15% Sales price 1.03 1.05 1.00 Cash inflow 10 % 19 % 3% NPV 1 2.5 -2.3 (Burns and Walker, 2015). These three scenario events best, normal, worse could be considered by organization to make investment decisions in determined approach. Break even analysis: Break even analysis is used by organization to determine the points at which company could sell its products and service at no profit no loss. It is point at which company would have no profit no loss and sells its product at breakeven point. Ideally this break even analysis is used by company to create core competency in cost leadership in market (Shim, Siegel and Shim, 2011). These points provide idea to company to sell its products and services at which it could cover all its variable expenses. This analysis is used to eliminate the competition for the market by selling products at break even. Companies could find this point by implementing proper graphical view points and computing its fixed and variable expenses (Grant, 2016). A ratio analysis, capital budgeting tools, NPV IRR, profitability analysis will helps investors to determine which project options will offer higher profit and value creation on their investment. Now in the end, it could be inferred that use of sensitivity analysis and scenarios analysis will increase the effectiveness of NPV, IRR and other capital budgeting tools while selecting particular project. References: Adair, T., 2011. Corporate Finance Demystified 2/E. McGraw Hill Professional. Bennouna, K., Meredith, G.G. and Marchant, T., 2010. Improved capital budgeting decision making: evidence from Canada. Management decision, 48(2), pp.225-247. Bierman Jr, H. and Smidt, S., 2012. The capital budgeting decision: economic analysis of investment projects. Routledge. Bodie, Z., 2013. Investments. McGraw-Hill. Burns, R. and Walker, J., 2015. Capital budgeting surveys: the future is now. Fortson, J.G., 2011. Mortality risk and human capital investment: The Impact of HIV/AIDS in Sub-Saharan Africa. The Review of Economics and Statistics, 93(1), pp.1-15. Garrison, R.H., Noreen, E.W., Brewer, P.C. and McGowan, A., 2010. Managerial accounting. Issues in Accounting Education, 25(4), pp.792-793. Gervais, S., Heaton, J.B. and Odean, T., 2011. Overconfidence, compensation contracts, and capital budgeting. The Journal of Finance, 66(5), pp.1735-1777. Godfray, H.C.J., Beddington, J.R., Crute, I.R., Haddad, L., Lawrence, D., Muir, J.F., Pretty, J., Robinson, S., Thomas, S.M. and Toulmin, C., 2010. Food security: the challenge of feeding 9 billion people. science, 327(5967), pp.812-818. Grant, R.M., 2016. Contemporary Strategy Analysis Text Only. John Wiley Sons. Hall, J. and Millard, S., 2010. Capital budgeting practices used by selected listed South African firms, 2013. South African Journal of Economic and Management Sciences, 13(1), pp.85-97. Shim, J.K., Siegel, J.G. and Shim, A.I., 2011. Budgeting basics and beyond (Vol. 574). John Wiley Sons. Wright, M.M., Daugaard, D.E., Satrio, J.A. and Brown, R.C., 2010. Techno-economic analysis of biomass fast pyrolysis to transportation fuels. Fuel, 89, pp.S2-S10. Zimmerman, J.L. and Yahya-Zadeh, M., 2011. Accounting for decision making and control. Issues in Accounting Education, 26(1), pp.258-25