Tuesday, February 25, 2020

Drunk Driving in America and Penalty Research Paper

Drunk Driving in America and Penalty - Research Paper Example In order to deal with the dilemma of drunk driving every state has formulated and implemented different sets of drunk driving laws, enforcements, courts and procedure of punishment. It is found that sometimes the complexity of the laws allow the offenders to escape without facing any punishment whereas the offenders can also avoid the conviction through plea bargain. The experts have identified some flaws in the drunken driving laws and have called for making some necessary changed in the punishment structure to avoid further cases of drunken driving accidents. The essay aims to discuss the effects of drunk driving and the laws made to prevent drunk driving. The essay also examines the effectiveness of these laws and need to make them stricter. Effects of Drunk Driving Drunk driving draws serious and long lasting impacts upon the health and lives of the people involved however, it is commonly observed that people are not well aware of the serious consequences of this habit and they r ealize it very late. The seriousness of the drunken driving impact could be estimated from the fact that every thirty minute a person is killed and every two minute a person is injured in America due to drunk driving. ... Thousands of people are killed every year in America as a result of such accidents and thousands of other got injuries when they got involved in the accidents where the driver is drunk (Hedlund and McCartt, 2002). The drunk driving also because damage of property, vehicles and other objects that came in the circle of the vehicle being driven by a drunk driver. Hence, drunk driving cause both financial and human loss and has become a very tough challenge for the society (Scott, 2006). Drunk driving is very common in America. Almost 21percent of the Americans have informed that they have driven after drinking in the part years which means that millions of trips are taken by the drunk drivers each year, many of them resulted in accidents and injuries. Though there are several laws formulated to prevent drinking driving but these laws are not very harsh. The arrests of the drunk drivers are very rare in America because people are usually released after warning or small punishment. There is need to develop improved drunk driving control system in order to assure that the people who drive after drinking are arrested consistently and are also convicted and punished according to the law. People must be made aware that they have to face stick legal procedure when they will catch involved in the drunken driving incident (Valle, 1986). Drunk Driving Laws and Punishments The effects of drunk driving have compelled the states to crack down on the offenders of the drinking driving laws and to make the legal framework more effective to deal with such people in very harsh manner. The terms DUI (driving under the influence) or DWI (driving while intoxicated) are commonly used to refer to the offenders of the drinking driving laws and it is strongly demanded

Sunday, February 9, 2020

The Influence of Foreign Direct Investment (FDI) on the Economic Essay

The Influence of Foreign Direct Investment (FDI) on the Economic Growth of the Host Economies - Essay Example ects of FDI on economic growth in host countries greatly depend upon the local conditions and contexts of doing business there: for example, human capital enhances the positive effects of FDI on host economies, while the existing technology gaps make it possible to implement even the simplest foreign direct investment reforms (Wang, Gu, Tse & Yim, 2012). Added to this is the role which market size plays in attracting FDI to host countries, whereas technology-absorptive abilities predetermine host returns from FDI (Li & Liu 2005; Blalock & Gertner 2008). These results have far-reaching implications for policy development and implementation, although all risks and factors changing the nature of FDI inflows to host countries need to be thoroughly considered. Even more interesting are the results of another study conducted in the three major countries-recipients of FDI. These include Malaysia, Chile, and Thailand (Chowdury & Mavrotas 2007). Again, the researchers confirm that the effects of FDI on economic growth are very heterogeneous and primarily depend upon the level of GDP in host countries (Chowdury & Mavrotas 2007). At least in Thailand and Malaysia, the relationship between GDP and FDI is very explicit (Chowdury & Mavrotas 2007). Again, these findings have far-reaching implications for policymaking, since understanding causality between FDI and economic growth is crucial for the creation of policies that encourage the inflow of investments from abroad in the developing world. Both studies confirm the importance of the FDI-economic growth causality but also imply that the nature of this causality and its direction should be placed under professional scrutiny. As long as the effects of FDI on economic growth in host countries are characterized by considerable...This essay outlines the difficulties in establishing the functional relationships of FDI influence on economic growth in host countries. One of the greatest problems in this respect is the lack of suff icient empirical data. Another difficulty is the lack of organization and poor systematization of the existing knowledge. Theoretically, FDI promotes economic growth through an increase in investment volumes, leading to increased efficiency of all economic and financial operations. Another theory suggests that economic growth is a direct result of the technological diffusions caused by FDI. Objectively, there is no single explanation to the effects of FDI on economic growth: numerous variables moderate the relationship between FDI and economic growth in host countries, and the current knowledge of financial markets and macro/microeconomics does not allow producing a comprehensive theory of FDI and its impacts on host countries’ economies. In order to understand how and why FDI impacts host countries’ economic growth, the meaning of both terms needs to be clarified. For the goal of this paper, foreign direct investment is defined as â€Å"the process whereby residents of one country (the source country) acquire ownership of assets for the purpose of controlling the production, distribution, and other activities of a firm in another country. FDI impacts economic growth through structural effects, skill and technology, and size effects. TNC play a huge role in the transfer of capitals and skills from one country to another.