Homelessness And Its Effects On Society - 2302 Words

â€Å"It’s time to declare a war on homelessness, which is evolving into a crisis,† proclaimed Mayor Kirk Caldwell in The Honolulu Star Advertiser. (Katel, 841-864) Homelessness has become a widely known issue in the United States. Many people today are living in the streets without a source of food, water, or a place to sleep at night. Some who are among the homeless include the elderly, children, and those who are mentally ill. This is a cause for concern for citizens who are living their daily lives. Some people express their fear of homeless persons, believing that they are just beggars for money and take up space on the streets. Although the description homeless people is not always true, homelessness does affect society and puts the future generation at risk of becoming homeless as well. People need to bring attention to the homeless problem across the United States so action can be taken and change will take place. Homelessness can be divided into two groups: people who are homeless, and those who are chronically homeless. According to The U.S. Department of Housing and Urban Development (HUD), homelessness includes those who are â€Å"living in dwellings unfit for human habitation, in emergency shelters or temporary housing, and/or leaving such a place.† (Katel, 841-864) On the other hand, those who are considered â€Å"chronically homeless† are usually homeless for one or more years and have a disability or some kind of addiction. Today, homelessness is not a new issue America isShow MoreRelatedThe Effects of Homelessness on Society Essay588 Words   |  3 PagesHomelessness Ever noticed the people outside, asking you for money on the train or in the streets? Most have a funny smell, or are barely dressed when it is freezing outside? Those people are more than likely homeless. Being homeless is the state of a person living on the streets, if they have no home. Homelessness occurs because many people cannot afford housing, do not have a job, receive low income, are mentally ill or have a drug addiction (Coalition for the Homeless). Homelessness affects societyRead MoreThe Emotional, Social, And Academic Effects Of Homelessness On Children1291 Words   |  6 Pages01/22/2015 The emotional, social, and academic effects of homelessness on children Hardly a day in life goes by without seeing a homeless child trying to survive, especially in developing countries. Unwanted sightings of homeless children happen every day both in developed and underdeveloped countries. The increase in divorce and trend in cohabitation has led to an increasing number of children being homeless. As stated in the â€Å" Homeless Facts Children and Homelessness - Some Facts conducted by the CommitteeRead MoreHomeless in The United States 1309 Words   |  6 PagesHomelessness is a problem that happens in many different countries around the world. Definitions of homelessness are defined in different meanings by different people. However, the Stewart B. McKinney Act defines a homeless person as â€Å" one who lacks a fixed permanent nighttime residence or whose nighttime residence is a temporary shelter, welfare hotel, or any public or private place not designed as sleeping accommodations for human beings† (McNamara 1025). It is impossible to fi nd out exactly theRead MoreHomelessness and Mental Illness1095 Words   |  5 PagesImagine a man on the streets, who society has forgotten. This man emits the smell of garbage; he has not bathed in months. This man sits quietly mumbling to himself. To the outer world he is just one of the many homeless, but little does society know that this man has a mental illness as well. Homelessness and mental illness are linked. These two happenings have similar beginnings. Homelessness is influenced by drug and alcohol disuse, being homeless at a young age, money problems, and trauma symptomsRead MoreHomelessness in Canada Essay882 Words   |  4 PagesHomelessness is a condition of people who lack regular access to adequate housing. As this condition becomes a growing problem in Canada people are forced to deal with the issues. Who are the homeless? They range from children to adults and even in some cases, families. Why are they homeless? Poverty, lack of jobs or well paying jobs, declin e in Social Services, domestic violence, mental illness, and chemical dependency contribute to the majority of the homeless within our society. What effects doesRead MoreThe Outcasts Of Society, The Lazy And Incompetent, Or The Victims Of Extreme Misfortunes?1607 Words   |  7 PagesThe outcasts of society, the lazy and incompetent, or the victims of extreme misfortunes? As we put aside our bifocals or ethnocentrism and tour the culture of homelessness, we will demystify, learning the how’s, when’s and why’s. It is essential not to get lost within the presentation of stats and facts. But, to digest the information, reverting it back to our own lives. In doing so, we will see how near or far we are to the brinks of homelessness. Careful! As the degrees of separation maybe notRead MoreThe Problem Of Human Rights Law1361 Words   |  6 Pagesassistance in dealing with homelessness. However, it will discuss its deficiencies in dealing with homelessness. It will f ocus on how the human Rights law influences decision making policies in protecting and preventing new range of homelessness, this will be discussed from the United Nations perspectives. It will also emphasize on the provisions and the influence of the European Convention on Human Rights (ECHR) on the domestic law in relation to the issue of homelessness, likewise the emergence ofRead MoreNegative Effects Of Homelessness1446 Words   |  6 Pagesthemselves the question, â€Å"Does homelessness affect me at all?† Typically, if homelessness isn’t affecting a certain individual or anyone that they’re close to, they tend to not want to help. From previous research done by Pergantis, Tolliver, Bishop, 2016, it is a known fact that about 578,242 people in America are considered to be homeless. People who were homeless back then done by were considered as disconnected from the world and they have also encountered psychological effects. Other writers likeRead MoreThe Effects of Homelessness on Children1654 Words   |  7 Pagesmental abuse and drug use. Homelessness gained public attention in the late 1970s because homelessness became more visible when it began to include women and children. Today homelessness can be linked to various other problems. It is estimated that 200,000 thousand Canadians have lived in or used the services of a homeless shelter. On any given night, as many as 30,000 thousand Canadians experience homelessness and as many as 50,000 thousand Canadians may be â€Å"hidden homelessness† victims. In other wordsRead MoreHomelessness in Sacramento1439 Words   |  6 Pageseach social class in society, those who fall in the underclass are referred to as the poor. They typically live in areas with high rates of poverty and few opportunities to improve their lives. But what about those who have less than the lower class. There is a rising population of people who have lost everything and therefore must take shelter in the local parks, abandoned buildings, overpasses, and any other form of protection against the elements (Schutt, 2011). Homelessness is a social problem

Fairy Tales by Jakob and Wilhelm Grimm - 1359 Words

Introduction: Fairy tales were a big part of my childhood. I started my research on fairy tales written by Jakob and Wilhelm Grimm. Fairy tales often have a character that goes on a journey or an adventure. During his journey he encounters mystical beings that help or hurt the characters success. When I was a child, my grandparents would tell my sister and I stories like â€Å"Jack and the Bean Stalk† and â€Å"Little Red Riding Hood†. My grandfather would always act out the part of the wolf or the giant, while my grandma told the story. The fairy tales by the brothers Grimm were very popular and some were retold by Disney. But Disney’s versions were much less graphic than the original tales. I believe that fairy tales are a big part of child’s†¦show more content†¦They wrote tales like â€Å"Little Red-Cap†, where a little girl is tricked by a wolf into getting herself and her grandmother eaten. Luckily a hunter saves them by cutting open the wolfâ€⠄¢s stomach. Jakob, the smarter of the two, went on in later years â€Å"to define the relationship between similar word of different languages, this became known as Grimm’s law† (O’Neill, par.8). Both brothers were professors at the University of Gottingen. Both were dismissed for political reasons. They then moved to Berlin, where they again became professors and were professors until they died (O’Neill, par.9). Many of stories they published were very unique which is probably why they became so popular. One unique characteristic that relates to all of all the stories I read by the brothers Grimm was that a problem arises with magic and is resolved with violence. In â€Å"Little Red Cap†, the wolf can talk and it eats the grandmother and girl whole. The problem that arises in â€Å"The Seven Ravens† is the daughter of a king and queen discovers that her parents had her seven brothers turned in to ravens. The violent solution to â€Å"Litt le Red-Caps† problem is they are saved by a hunter that cuts open the wolf’s stomach. In the â€Å"The Seven Ravens† the daughter goes on a journey to find the key of her brothers’ glass mountain prison. She loses the key but instead she cuts off a finger and uses that. Even though the characters and plot twists in each story are violent and graphic, theShow MoreRelatedJakob and Wilhelm Grimm Essay1576 Words   |  7 Pagesdream of. In the Grimm Brothers’ stories, the male characters were usually the ones that would get themselves into trouble. This essay will analyze the life and fiction of Jakob and Wilhelm Grimm. It will employ a literary analysis that focuses on the principle of female characters to gain a more thorough understanding of the following three short stories: â€Å"Rapunzel†, â€Å"The Brother and Sister†, and â€Å"Gambling Hansel.† Jakob and Wilhelm were born a year apart from each other. Jakob was born in 1785Read MoreThe Cinderell Life Lessons879 Words   |  4 Pagesfolklore, tales, or fable is to pass history and life lessons from one generation to another. Many of the stories that are told today are from different backgrounds and countries from China all the way back to the Native Americans. The stories that children hear today are about good and evil, and that life is not always fair but good things will happen in the end. They teach people how to handle the difficult things in life by making good choices in life regardless of the situation. The fairy tale CinderellaRead MoreAnalysis Of Cinderella By Jakob And Wilhelm Grimm 1045 Words   |  5 PagesAnalysis of â€Å"Cinderella† Majority of fairy tales, including â€Å"Cinderella† by Jakob and Wilhelm Grimm, have a complex moral along with life lessons behind the story line. Due to this, famous scholars such as Maria Tatar, study these fairy tales. In Tatar’s essay, she states that â€Å"Even fairy tales, with their naà ¯ve sense of justice, their tenacious materialism, their reworking of familiar territory, and their sometimes narrow imaginative range, rarely send unambiguous messages† (232). She is statingRead MoreSnow White And The Seven Dwarfs1385 Words   |  6 Pagesthe tale is much different from the Brothers Grimm version, â€Å"Snow White†. Before this tale was modified by Disney, it was much darker. This story, and many other stories were also much more grim before Disney changed them. In interpretations of Walt Disney’s â€Å"Snow White† and the Grimm brothers â€Å"Snow White†, there are definitive comparisons that can be made, the history behin d the Grimm brothers contribute to the story as a whole, and children and society reacted in different ways to the tale. TheRead MoreTheme of Stereotypes Essay1961 Words   |  8 PagesTheme of Stereotypes One of the main themes that I noticed when I was reading through the fairy tale texts was the theme of stereotypes. Firstly, what are stereotypes? Stereotypes are essentially an offensive generalization or an over exaggerated view that is used to categorize a group of people. I noticed that in two of the three texts that I have selected for this paper, the authors, Jakob Grimm and Wilhelm Grimm, tend to portray women as being very dependent on men. In addition, to being depictedRead MoreCinderella Argument Paper726 Words   |  3 Pagesï » ¿From generation to generation stories are always changing. Fairy tales like Cinderella go from mean step sisters to nice sisters, fairy god mother to a tree. After reading 5 different versions of Cinderella I had to choose which I would decide to read, above the others to my favorite child. After difficult thinking I have chosen the Walt Disney’s version of Cinderella for many great reasons. I have chosen the Walt Disney’s version because I feel it is the most fitting for children over all the othersRead MoreCupid and Psyche: Myth or Folktale?1023 Words   |  5 Pagesof the universe and of the earth. (Thompson, 106) On the other hand, some might say that folktale is defined as an anonymous story, that originates and circulates orally among a people (Harris and Platzner, 1054), or even that folktales involve a fairy god mother and dancing mice. However, there seems to be many similarities between the two concepts, and the story of Eros and Psyche is no exception. This story entails many mythic characteristics as well as many features of a folktale. Though theRead MoreCinderellas Stepmother Not so Evil After All1830 Words   |  8 PagesA Walk in Her Shoes; the Stepmother not Cinderella Did you ever notice that â€Å"happily ever after† seems to only take place in fairy tales? In the real world, couples get married, have children and, more often than not, end up getting divorced. The time following divorce can be lonely but many people will enjoy the time alone. Eventually, a search begins for a new mate and ultimately they will remarry. Sometimes the new spouse also has children and this creates a blended family, such as in the storyRead MoreEssays on Vehicular Pollution3733 Words   |  15 Pagesof the style and its origins. Origins: Folklore and Popular Art Some of the earliest stirrings of the Romantic movement are conventionally traced back to the mid-18th-century interest in folklore which arose in Germany--with Jakob and Wilhelm Grimm collecting popular fairy tales and other scholars like Johann Gottfried von Herder studying folk songs--and in England with Joseph Addison and Richard Steele treating old ballads as if they were high poetry. These activities set the tone for one aspect ofRead MoreEssays on Vehicular Pollution3726 Words   |  15 Pagesthe style and its origins. Origins: Folklore and Popular Art Some of the earliest stirrings of the Romantic movement are conventionally traced back to the mid-18th-century interest in folklore which arose in Germany--with Jakob and Wilhelm Grimm collecting popular fairy tales and other scholars like Johann Gottfried von Herder studying folk songs--and in England with Joseph Addison and Richard Steele treating old ballads as if they were high poetry. These activities set the tone for one aspect of

Human Proportions in Architecture Free Essays

‘After having considered the right arrangement of the human body, the ancients proportioned all their work, particularly the temples, in accordance with it’. To what extent does the human body influence architectural forms and writing from antiquity to 1600? The study of the human body has spanned centuries, from the mathematicians of antiquity to the humanist scholars of the High Renaissance, and parallels between the bodily proportions and architecture have played their part in some of the most celebrated architectural feats. Writers and architects throughout this period never eased in exploring the various ways in which the ‘arrangement of the human body could be applied to architecture, from associations with the Golden Section, to the Roman perfect numbers, and the creation of the square and the circle as ‘ideal’ forms derived from the Vitamins man. We will write a custom essay sample on Human Proportions in Architecture or any similar topic only for you Order Now Yet, whilst all these issues were significant to the architects and writers of this period, many other factors were Just as important in determining the architecture produced. It is important to take into account not only alternative systems of proportion other than those derived from the human body, but also the historical and social context in which buildings were being designed. Furthermore, whilst writers and architects were influenced by the use of the human body in previous works, they were often equally influenced by the mere ‘authorities’ of the past, and whilst human proportions may have been passed on through the centuries, the meaning behind its involvement was frequently lost, so that it was not a conscious reference to the human body, but a keeping with tradition. The theory which exists as the basis of this discussion is notion established by Aristotle, who scribed the relationship between the human body and the rest of reality: â€Å"the body carries in it a representation of all the most glorious and perfect works of God as being an epitome or compendium of the whole creation†l . This idea of man as a microcosm in the grand macrocosm of the Universe is one which led to the belief that in creating architecture for the worship of God, it was only those proportions created by God himself, namely those of man, which could ever be worthy. Yet, over the course of the next millennium, a whole host of different interpretations of the human DOD were made, so that it was not a single set of ideas which became applied to architecture. To begin in antiquity, the most basic way in which the human body influenced architecture was in the creation of the classical orders. Most simply, it is understood that the form of the first Doric order derives from the warriors of King Doors in Greece, and thus displays â€Å"the proportions strength and beauty of the body of a man†. Though the intricacies of the Doric order, namely the triptychs and mottoes, are believed to originate from timber construction of the primitive hut which was then copied in stone, the masculine, war-like associations of the order were very influential throughout antiquity, during the Middle Ages and into the Renaissance. Examples of the Doric order include the Temple of Hyphenates, Athens, mid 5th century BC, built in dedication for the blacksmith of the Gods and forger of armor, as well as Brakeman’s Temperate 1502-19, for SST. Peter, 1 by G. Odds and R. Tavern, y and Building : Essays on the Changing Relation of Body and Architecture, (Cambridge, London : MIT, 2002). P. 35 the hero and martyr. The Corinthian and Ionic orders display as much human influence in their architectural forms and associations, respectively having derived from the Ionian and Corinthian peoples. Based on the more civilized Ionian women, the Ionic order expressed feminine values of a matronly figure, with the curls of hair, folds of drapery and sandals represented in the volutes, fluting and base of the column. Similarly, the Corinthian order is thought to have derived from the basketwork of a Corinthian maiden, and so portrays the slender, refined qualities of a young girl, surrounded by acanthus leaves for the capital. In his architectural reties of 1537-43, Sebastian Series states that â€Å"temples to male saints whose lives were less robust than delicate, or to females saints who led matronly lives should be Ionic. Temples to the Virgin Mary, virgins, nuns, should be Corinthian†. Thus, it is apparent how the various forms of the human body can be influence not only the physical forms of the building, but also their values and associations. Historically, it is important to note that architecture based in mathematics, meaning that to the ancients, the practice of architecture was not differentiated from that of thematic theory. This is therefore a strong argument in favor of how bodily proportions influenced classical architecture, reiterated by Vitreous who claimed that â€Å"without symmetry and proportion there can be no principles in design, that is, if there is no precise relation between the members, as in the case of the well-shaped man†2. Furthermore, it was the mathematician, Pythagoras (582-507 SC), who suggested that the Golden Section was based on human proportions, and therefore proving its importance in the dimensions of classical buildings. The most celebrated example of this system of proportion is the Parthenon, built on the Athenian Acropolis, Greece in the 5th century BC. Although several elements, including the dimensions of the fade, the spacing of the columns and the interior rectangular space can be seen to agree with the Golden ratio, very few scholars still believe that the Parthenon was originally intended to comply with the theory discovered by Euclid sometime after it was built. Therefore, in terms of their utilization of the Golden Section, it does not appear that the architecture of the ancient Greeks was strongly influenced by the human body. Yet, when returning to Vitreous, another example of the human body influencing architectural forms and writing is introduced. In Book Ill of his Ten Books of Architecture he confronts us with the fact that man, when â€Å"placed flat on his back, with his hands and feet extended, and a pair of compasses centered at his navel, the fingers and toes of his two hands and feet will touch the circumference of a circle and described therefore. And Just as the human body yields a circular outline, so too a square figure may be found from it. 3 The importance of this discovery to the scholars of antiquity, that man could fit into the two most perfect geometric units, was immense, as it was thought to reveal a fundamental truth about man and the world. In light of the earlier notion of the microcosm-macrocosm, it becomes clear why 2 Vitreous, Book Ill of his Ten Books of Architecture, quoted in R. Witter, Architectural Principles in the Age of Humanism, (London : Academy Editions, 1973) 3 Vit reous, The Ten Books on Architecture, Book Ill. Architects and theorists were keen to emulate the square and circular forms, as derived from the human body, within their work. Within ancient Rome there are few centralized buildings, but any such examples prove how ideas of centralization were not only discussed in architectural writings, but were actually put into practice. The Pantheon, Rome, rebuilt during the reign of Hadrian c. 125 AD, is a primary example of the celebration of the two purest geometric and anthropomorphic forms, with the plan consisting of a circle attached to a square. The square entrance-hall, which opens onto the vast coffer dome of the interior, is one of the most technically brilliant feats of its day, as well as a huge influence to architects and writers of the true. One further example of central-planned buildings of antiquity is the Temple of Minerva Medical, of 4th century Rome between the via Albanian and the Aurelian Wall. Though it exists today as a mere ruin, its original decagon’s structure and dome adhere to the geometrical recommendations of Vitreous and the ancient mathematicians, illustrating the influence of the body on architecture. The issue of centralized structures was one that preoccupied the minds of architects and theorists through the centuries, but it was not until the Renaissance, and Liberties De Re Edification off when centrally planned churches became fully established. In his stipulations for the ‘ideal church’, Alberta declares that the circle is the shape most celebrated in nature, but he also advocates 8 other geometric shapes derived from the circle including the square, hexagon and decagon, and rejects the form of the basilica because of its inadequacy in comparison to the temple. Michelangelo choir for AS Annunciate, Rome 1444, is considered to be the first centralized building of the Renaissance, based on a circle with attached semi-circular chapels. Liberties San Sebastian, Mantra of 1460, however, makes use of the Greek cross plan, with 3 arms protruding from a central cross-vaulted interior space. Yet, perhaps the figure to show the greatest interest in the physical manifestat ion of the central plan was Brucellosis. His Old Sacristy for San Lorenz, commissioned by Giovanni did Basic De Medici, and completed in 1428, is considered â€Å"the first Renaissance space that could actually be entered†5 . The plan consists of one exact square with 3 surrounding squares a third of the size, with the overall cube being surmounted by a hemispherical dome. Similarly, Brutishness’s Santa Maria dogleg Angel, 1434, has a central plan based on an octagon surrounded by 8 chapels each with rounded ends like an apse. AY these buildings, of which there are many more, make use of the central plan and thus illustrate the influence of the human body from which they were derived. Yet, it may not be the case that the architects adopted these shapes for that same reason, and it is therefore necessary to identify other factors which may have led to their adopting of centralization. To begin with, it is possible that characters like Brucellosis and Alberta, at the time f a thriving classical revival in Florence, were simply being influenced by the 4 R. Witter, Architectural Principles in the Age of Humanism, (London : Academy Editions, 1973) p. 6 5 F. Hart, History of Italian Renaissance Art: Painting: Sculpture: Architecture. (London, 1987) prestige of centralized buildings and wanted their buildings to carry the same associations of a powerful Roman Republic. Aside from the obvious example of the Pantheon, as mentioned earlier, a further direct influence from Rome may have been the Santos Stefan Rotund which, in the sass, underwent major restoration work by Reselling under Pope Nicolas V, bringing it to the attention to the likes of Alberta, Brucellosis and Michelson. Another massive influence is the Church of the Holy Sepulcher in Jerusalem, where a circular wall encloses a ring of columns and is surmounted by a dome. Moreover, Just as pilgrimage buildings on the main routes to or within the Holy Land imitated elements of the sacred buildings of Jerusalem, small rotunda churches were built in Europe as satellites of more important churches being approached by pilgrims. It has therefore been suggested that Liberties San Sebastian may have been built as a â€Å"sacred station en route to Sans Andrea†6, and thus emulates the centralized plan as a reference to the affiliations to the Holy Sepulcher, and does not relate to the Vitamins man. Other issues suggest that the use of centralization does not directly bare reference the human body, particularly when acknowledging the religious focus that many churches of the Renaissance still fostered, despite being built during the flourishing of humanism. Giuliani dad Sandals S. Maria dell Career, Pratt 1485, has the plan of a Greek cross, with 4 arms Joined to the crossing and a dome suspended over the Rossini. Here, however, architectural intentions other than those of centralization appear to prevail, when considering the manner in which the dome doesn’t touch the incommoding of the arches, the pure white walls and geometrical simplicity of the building. Overall, Giuliani dad Seasonal has created a church that is able to â€Å"evoke in the congregation a consciousness of the presence of God†7, Just as Alberta stipulated that an ideal church should have a â€Å"purifying effect and produce the state of innocence which is pleasing to God†8. In addition to the issue of centralization, the human body is represented in architecture through the proportions and mathematical ratios applied to the building. Just as Plato thought that proportion was â€Å"the bond that holds things together†9, Alberta commented in his treatise of 1450 that: â€Å"Just as the head, foot and indeed any member must correspond to teach other and to all the rest of the body in an animal, so in a building, and especially in a temple, the parts of the whole body must be composed so 6 R. Tavern, On Alberta and the Art of Building (New Haven, London : Yale University Press, cache), p. 144 7 Editions, 1973) p. 19 8 9 Ibid. P. 6 R. Paddock, Proportion : Science, Philosophy, Architecture (London : E FAN Spoon, Bibb p. 182 that they correspond to one another†10. This idea manifests itself in the way that buildings incorporate an overall system of proportion, but more specifically, the inclusion of the â€Å"perfect’ numbers, as defined by the ancients, resulting from the tradition in which architectural measurements were made using parts of the body (foot, digit, cubit and inch). It was a combination of the discovery that a man’s foot is one sixth of his height, with the knowledge of the 10 digits of the human body, which deed to the numbers 6, 10, and 16 being hailed as superior to all others, and those which would allow the perfection of the human body to be mirrored in architectural expressions. Liberties fade for Santa Maria Novella, completed in 1470, displays not only the unified proportions outlined by his treatise, but the ratios of perfect numbers. The whole fade is based on the unit of a square, but crucially, the central rose window stands at a height of 36 units above the entry platform, within a fade 60 units high. This ratio of 36:60 is significant because it relates directly to the emissions of the ‘ideal man’ who is 60 inches tall, with a navel 36 inches off the ground. Other references to this particular ratio based on ‘perfect’ numbers as determined by the ancients include Brutishness’s oratory of Santa Maria dogleg Angel, and San Sebastian, with a ratio of 6:10 for the main elements of the building such as the door, apses, portico vault and dome. It is therefore apparent that there was a strong influence of the â€Å"perfect† numbers (relating to the human body) in the Renaissance, but, as witnessed with regards to centralization, this issue does not appear significant in the Middle Ages. Only a few examples exist, one of which is Milan Cathedral in Lombardy, Northern Italy, which was begun in 1386 under the archbishop Antonio dad Assault, and displays proportions based on the ‘perfect’ numbers in the width of its nave which is divided into 6 units of 16 brachia. The use of the perfect numbers as ratios for elements of buildings appeared extensive in the Renaissance, and widespread throughout architectural theories. It is also possible, however, to identify several other systems of proportion which were equally as influential on the architecture of these years. Whilst Pythagoras identified the Golden Section and the â€Å"perfect numbers†, he also discovered how musical harmonies could be determined by measured lengths of string, and therefore how the corresponding mathematical ratios could be applied to architectural proportions. In De Re Edification, Alberta appears to be strongly influenced by these discoveries, asserting the notion of beauty in music being paralleled in architecture, and recommending ratios based on intervals greater than an octave. Francesco did Giorgio, in his Attractor did architecture,1482, does not write explicitly on the theory of proportion in architecture, but still comments on music ratios when making recommendations for the S. Francesco Della Vagina, Venice, completed in 1534. Here he explains how the ratio of width to height of the nave should be based on the musical harmony of a 4th (ratio 3:4), and makes suggestions for the width of the chapels and transepts on similar terms. He gives no explanation for his choice of particular ratios, only stressing the view stated by Alberta that a system of proportion should be related 10 press, CACHE), p. 202 to the whole building, and that churches should reveal the â€Å"perfection of the divine Ewing itself†1 1. In addition to musical ratios, another system of proportion that stands in competition with that based on the human body (namely ‘perfect’ numbers) is the notion of sacred geometry. This system particularly arises during the Renaissance, and is identifiable again with the example of Brutishness’s Old Sacristy for San Lorenz, where the 3 arched windows are said to allude to the trinity, the four walls of the cube denote the evangelists, and the 12 ribs of the dome stand as a symbol for the apostles. One final and major way in which the human body influenced architecture is that of the orders. Having established counter-arguments regarding the physical properties of buildings, it is necessary to incorporate social issues into the debate. Although the ancient texts explained the importance of using human proportion in buildings, and the various ways in which they manifest themselves, this does not mean that subsequent theorists and architects were equally as influenced by these theories. Instead, when identifying the similarities between treatises on architecture, it may be that writers were influenced by the authority of previous writers, and not specifically the content of their writing. Furthermore, when comparing, for example, Alberta and Francesco did Giorgio, writing respectively in 1450 and 1482, it is crucial to note differences in their personalities, activities and educational background which will have influenced their work. This point of social and historical context is clarified by Alberta himself who said that: â€Å"the greatest Joy in the art of building is to have a good sense of what is appropriate†12, whilst Filtrate’s work of 1465, â€Å"can be seen as an explicit historical document, albeit of arduous interpretation†13. The varied and extensive influence of the human body on architectural forms and rating have been discussed with reference to the classical orders, geometric shapes, proportions, ratios and measuring systems. However, whilst all these influences are apparent, it is necessary to question the extent to which these ideas, originally founded in the human body, were used deliberately, or whether the architectural forms in which they manifested themselves were imitated for their own sake. Likewise, it is also possible to identify other influences and issues concerning the context and individuality of the artist which suggest the human body was rarely of he greatest influence. How to cite Human Proportions in Architecture, Papers

Analysis of I dont kiss strangers Essay Example For Students

Analysis of I dont kiss strangers Essay Joshua GrantEnglish 102Section: 26January 31, 2002The analysis of I Dont Kiss StrangersIn the short story, I Dont Kiss Strangers there is a man versus man conflict regarding a couple who may never see each other again. In the beginning of the story there is little indication of foreshadowing of what will happen in the end. Therefore the reader is completely unaware of the outcome of the story. Written in the first person, the story takes place at a loud party with many intoxicated adults. A boyfriend has been drafted into the army and the love struck couple faces the chance of him not coming back. The author of the story, Shirley Jackson sets the mood with a sense of disbelief and shock as the story progresses and gets more in depth. The story gives clues of foreshadowing when someone tells him he cannot just go up to a girl and blatantly say come on outside into the air, we gotta say goodbye somehow.That statement kind of gives the reader clues that he wants to go somewhere else and spend his last night with her. Throughout the story, the protagonist tries to persuade his girlfriend to go to a different place other than a party to say Good-bye. However, she acts stubbornly and refuses to leave the party in fear that the liquor would be too far away. Using the liquor as a comfort zone so she does not have to face reality. In my opinion, she is trying to make it easier on her self by trying to avoid the fact that he is leaving and all she will have is memories. She talks about how long of a time it will be by saying that she want even know how the next guy will sound to her or that the next time she runs out of cigarettes she want have him to go get them. In my opinion, she says he will be different because over the year both of them will mature and the war will change him. The antagonist feels sorry for her self and goes on to say that if he does come back that neither he nor she will ever be the same again. The climax occurs when the couple is located in the bathroom discussing their dilemma. This is where the hints of foreshadowing in the beginning of the story start to really stand out. She really puts things blatant about not wanting to go somewhere else to talk. The reader is trying to debate whether or not she will give in and go to a quieter place to say their good-bye. However, she keeps stating that nothing is going to be the same when he gets back. He does not want the last evening they have together to get spoiled but she states that she has spoiled many evenings before and why should this one be any different. Eventually she reinforces the fa ct that she will have to go on living without him for a year or even more. Finally, she leaves him in the bathroom broken hearted. She turned away and said, No, I do not kiss strangers. You ought to know that by now. What I got from this statement is that in her mind he has become a stranger now because he is about to leave to become a soldier and she is trying to act like nothing ever happened so she want get hurt as bad. In conclusion, the reader is left with a grudge against the woman. Hoping that the story has not ended and she will come back to leave him with his wish that they could spend his last night together, alone and to comfort each others pain. .u8c3476ed1b2e64328277984e98c760b8 , .u8c3476ed1b2e64328277984e98c760b8 .postImageUrl , .u8c3476ed1b2e64328277984e98c760b8 .centered-text-area { min-height: 80px; position: relative; } .u8c3476ed1b2e64328277984e98c760b8 , .u8c3476ed1b2e64328277984e98c760b8:hover , .u8c3476ed1b2e64328277984e98c760b8:visited , .u8c3476ed1b2e64328277984e98c760b8:active { border:0!important; } .u8c3476ed1b2e64328277984e98c760b8 .clearfix:after { content: ""; display: table; clear: both; } .u8c3476ed1b2e64328277984e98c760b8 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u8c3476ed1b2e64328277984e98c760b8:active , .u8c3476ed1b2e64328277984e98c760b8:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u8c3476ed1b2e64328277984e98c760b8 .centered-text-area { width: 100%; position: relative ; } .u8c3476ed1b2e64328277984e98c760b8 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u8c3476ed1b2e64328277984e98c760b8 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u8c3476ed1b2e64328277984e98c760b8 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u8c3476ed1b2e64328277984e98c760b8:hover .ctaButton { background-color: #34495E!important; } .u8c3476ed1b2e64328277984e98c760b8 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u8c3476ed1b2e64328277984e98c760b8 .u8c3476ed1b2e64328277984e98c760b8-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u8c3476ed1b2e64328277984e98c760b8:after { content: ""; display: block; clear: both; } READ: Maslahah Mursalah EssayWords/ Pages : 643 / 24

Specific Heat Capacity Essay Example

Specific Heat Capacity Paper In this experiment, we are going to use a calorimeter (a solid metal block of aluminium). And we are going to expose it to different temperatures and measure the difference in temperature over time.  We will also measure the changes in electric properties from the heater over time: Volts and Amperes. In order to get more precise data, we are going to repeat this experiment twice with different power and the second trial will use stronger voltage. The reason that we are going to perform two trials is to try to minimize the error due to heat lost. The value that we get is 528 J Kg-1K-1. Theoretically, the Specific Heat Capacity of Aluminium is 897J g-1  ½K-1. I presume that we may have lost some of the heat to the air as well as to metal expansion. In order to minimize the error due to heat, we repeated the same experiment with different levels of power. This allows us to minimize the uncertainties due to heat loss by isolating them from the original equation.  Even though we were tried to lower the value of error, it was difficult to minimize it without completely insulating the calorimeter. There are some doubts about the fact that the heater is sometimes warming the calorimeter quickly, whilst it sometimes takes a longer period. I am not sure about the reason for this phenomenon. Sensible variations were detected during the experiment. A suggestion would be to use a more accurate heater or digital thermometer for further testing.  In order to get more precise data, we should definitely insulate the calorimeter to minimize its heat lost to the surroundings. For instance, we may place bubble wrap, foil or Styrofoam around the calorimeter.  To obtain more accurate results in the future, a good idea may be to perform the experiment more than twice. Even if the heat loss variable is set aside after more than one experiment, we might get more reliable data by overcoming the variations we have observed in heat transmission between the heater and calorimeter. We will write a custom essay sample on Specific Heat Capacity specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Specific Heat Capacity specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Specific Heat Capacity specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The specific heat capacity of the objects can be calculated because the heat gained in the reaction is equal to the heat lost during the reaction. Due to the concept of thermal equilibrium we know that when objects of differing temperatures are in contact with each other, in this case the block, the water and Aluminum calorimeter they will eventually transfer heat to the point at which they are the same temperature. By measuring the temperature before the blocks were added to the water and then again when the temperature remains constant indicating equilibrium temperature the change in temperature was able to be calculated and using this along with the mass of the objects and water and calorimeter the specific heat capacity could be calculated using the Q=mc?T formula. For the How cold is it in the freezer compartment? question an aluminum block was placed in the freezer and then placed into the water in the calorimeter of which the temperature had been recorded. The temperature of the water with the Aluminum block was recorded until the constant temperature was reached. With this we can calculate the initial temperature of the aluminum block which gives us the temperature of the freezer. Evaluation: There were several limitations in the equipment used to carry out the procedure.  The scale used to measure the mass of the aluminum calorimeter and water only measured up to 200g this was a major limitation as it only allowed for a small amount of water to be added to the calorimeter which may have affected the heat transfer as the submerged block may not have been fully submerged therefore some heat may have been lost to the air. In moving the heated block from the boiling water to the calorimeter the block could have lost heat but this would be minimal due to the relatively high Specific heat capacities of the blocks.  When the block was moved into the calorimeter it was dropped into it and this caused some water to splash out which would decrease the mass of water in the calorimeter which could affect the overall temperature change.  The value for the specific heat capacity (shc) of object one which was Iron was compared to the theoretical value for the shc of Iron and gave a 17.6% difference this value is relatively high and could be due to uncertainties in the measurements and errors produced from the procedure. The % difference of object two was very large at 31.3% this could be due to random error but more likely due to the block not being fully submerged as I mentioned earlier.  The value of the percentage difference for Object3 which was Copper was relatively high at 17.2%,  In order to improve upon the experiment a scale that measures up to a higher mass such as 500g. Another method to improve the experiment would be to add more water to the calorimeter in order to insure the block was fully submerged. Another improvement that could be made would be to not drop the blocks into the calorimeter and therefore minimize the risk of losing water after the mass was taken.

Without Let

Without Let Without Let Without Let By Maeve Maddox A reader coming across this sentence in Arthur Miller’s An Air-conditioned Nightmare (1945) was puzzled by the use of the word let: Night  and day  without let  the radio drowns us in a hog-wash of the most nauseating, sentimental ditties. Asks the reader, â€Å"Could this be a typo for â€Å"without let-up†? The English word let functions as a verb, a noun, and an adjective. Its use as a noun meaning hindrance or obstacle dates to the twelfth century. An obsolete meaning of let as a verb is â€Å"hinder or prevent.† This is the meaning of let in the King James translation of Romans 1:13: Now I would not have you ignorant, brethren, that oftentimes I purposed to come unto you, (but was let hitherto). Paul is saying that he wanted to come but was prevented from doing so. In the Miller quotation, let is a noun, the object of the preposition without. In this context let means, hindrance, stoppage, or obstruction. The â€Å"ditties† described are unceasing. They come over the radio without stopping. Miller could have written, â€Å"Night  and day  without let-up  the radio drowns us in a hog-wash of the most nauseating, sentimental ditties.† The thought would be the same, but the connotation would be different. Miller’s intention is to distance himself from what he perceives as mind-numbing and vulgar noise. His feeling about the music is reflected in his choice of words. The word let-up belongs to the same register of language as hogwash and ditties. The more formal let sets the writer on a higher plane. For many modern speakers, the only familiar use of let as a noun occurs in the phrase â€Å"without let or hindrance,† as in Article 22 of the Actors’ Equity Association rule book (2011-2015): It is agreed that deputies may be designated by Equity without let or hindrance. The phrase is a fossilized doublet (two words that mean the same thing) common in legal writing, as in these examples: Her Britannic Majestys Secretary of State requests and requires in the name of Her Majesty all those whom it may concern to allow the bearer to pass freely without let or hindrance and to afford the bearer such assistance and protection as may be necessary.- British passport. Henceforth the Vendor shall not have any right, title or interest in the Scheduled Apartment which shall be enjoyed absolutely by the Buyer without any let or hindrance from the Vendor or anyone claiming through them.- Generic sale form available by download. Miller was not alone among twentieth-century writers who used let in the sense of hindrance: They beat us to surrender weak with fright, And tugging and tearing without let or pause.- â€Å"Birds of Prey.† Claude McKay. Now that he knew himself to be self he was free to grok ever closer to his brothers, merge without let. - Stranger in a Strange Land. Robert A. Heinlein. Note: Heinlein coined the word grok. In this context it means, â€Å"to empathize or communicate sympathetically with.† The word is used by modern computer programmers with the meaning â€Å"to understand deeply†: Some people think design means how it looks. But of course, if you dig deeper, it’s really how it works. The design of the Mac wasn’t what it looked like, although that was part of it. Primarily, it was how it worked. To design something really well, you have to get it. You have to really grok what it’s all about.- Steve Jobs, Wired interview, 1996. Spelling advisory: The word hindrance is frequently misspelled as â€Å"hinderance, â€Å"hindrence,† and â€Å"hinderence.† The verb is hinder. The noun is hindrance. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:Arrive To vs. Arrive At10 Techniques for More Precise Writing15 English Words of Indian Origin

Monetary System Essay Example | Topics and Well Written Essays - 1000 words

Monetary System - Essay Example In. order to compensate with the needs, they have to buy currencies which are more recognized in the world and with this, they need a larger volume of their monetary resources in which they will have to spend tremendous amount just to meet or purchase a certain currency. By doing so, the value of their currency will be more likely affected and it may cause sudden change of the prices of basic goods and commodities. To add to that, if they do have a lesser monetary value, that certain country might resort in money in some monetary agencies in both local and international. Having this practice will ease or lessen the burden of a certain country with regards to their monetary scheme. However, if that certain debt would not be paid off immediately or given proper attention, then it would be another factor in weakening the value of a certain currency. The concerned country will further focus in paying off their debts and with this it will also need tremendous amount of money in terms of p ayment of the principal as well as the interest. If the concerned party would pay for their debts, it will need tremendous amount of money and the inflation rate would also rise, as the value of their money would be further weakened. ... If this happens, the economy of that certain government would face stagnation in which their economy would rely on loans and debts made by the government. The question is, if there comes a time that this government would not be able to lend a new one, how would they be able to pay their obligations and deliver the needs of its constituents. Then, it would be more difficult for that government to establish the stability of its currency. With this, it would more likely to produce another inflation and will lead to another depreciation of the value of their currency. Also, this would also mean that they would fail to pay their current obligations and with this they not be entitled for future loans in some international monetary institutions and this would really mean a serious problem. During these stages, prices of basic commodities will rise as prices in producing goods with the use of electricity, manpower, raw materials and the likes would also have their own highs and this would re ally mean a serious problem for that certain country. If the cost of production were high, then the burden would also be passed to the consumer, which will affect the prices of goods. Prices of transportation, communication and some related industries would not be spared in encountering such a scenario. This would also mean that the workforce would demand for higher wages to compensate their daily needs in which sometimes lead to closure of the industries or field specialization that they are working. Without further production then there would be a little source of income for the country, there would be less tax payers, and will affect the revenue collection of the government. With this, the government would be pressured to sell

Valuation Financial statement analysis Essay Example | Topics and Well Written Essays - 1000 words

Valuation Financial statement analysis - Essay Example The company manufactures and distributes different brands specializing in consumer products including hygiene, nutritional and personal care products. Further, its portfolio has items such as Lipton, Knorr, Magnum, Hellmann’s, Lux, Dove, Omo and Axe. Notably, the company product retails in more than 170 countries around the globe. Financial statement trends Table 1: Unilever financial data from 2008-2012 Â   Â   2008 2009 2010 2011 2012 Â   Â   Â   EPS 1.79 1.21 1.51 1.51 1.58 r 15% DPS 0.73 0.77 0.80 0.85 0.89 g 0.05 Residual Earnings 38,785.00 35,354.00 37,924.00 38,813.00 41,625.00 Â   g in RE 0.05 0.07 0.02 0.07 0.06 Â   discount factors 0.87 0.786 0.675 0.592 0.497 Â   Income 39,523.00 39,823.00 44,262.00 46,467.00 51,324.00 Â   Â   Average EPS growth rate5.4% Â   Â   Â   Â   Â   Â   Â   Â   Â   Table 2: Unilever PLC financial projections from 2013-2017 Â   Â   2013 2014 2015 2016 2017 Â   Â   Â   EPS 1.67 1.76 1.86 1.97 2.09 r 15% DPS 0.93 0.98 1. 03 1.08 1.13 g 0.05 Residual Earnings 44,123.00 46,770.00 49,576.00 52,551.00 55,704.00 Â   g in RE 0.05 0.07 0.02 0.07 0.06 Â   discount factors 0.87 0.786 0.675 0.592 0.497 Â   Income 54,403.00 57,668.00 61,128.00 64,795.00 68,683.00 Â   Average EPS growth rate5.4% Â   Â   Â   Â   Â   Â   Â   Â   Â   Forecasting Forecasted Earnings Earning are the net proceeds that a firm gets from its operations. As such, Unilever PLC has reported increased retained earnings from the year 2008 to 2012. The growth in earning ranges from 2% to 7%. Therefore, to forecast future probable earning, the company can use a model of the form:Y= a+bxa, where Y is the forecasted earning, a represent the prior year’s earning, b is the average growth rate, x is the expected earnings. Forecasted Dividends Dividends are issued based on the company’s financial performance. As such, the directors pay dividends when companies make profits. Nevertheless, directors may resolve to pay divide nd from the retained earnings of the prior years.1 Based on the information derived from Unilever PLC financial statements, the company has consistently made profits from the year 2008 and the directors have paid dividends consecutively for all the five years. It is apparent that the dividends have been growing at a rate of 5% every year and as such, the 2012 dividend payout can be forecasted at the same rate to determine the probable dividend to be paid in future. Forecasted cash flows Cash flows are gross revenues that an organization receives from its operations. The information derived from the financial statements shows that Unilever cash flows have been on the increase. The forecasted cash flows can be given by a model of the form: Y=a+bx where Y is the forecasted cash flow, A is the cash flow from the prior year, b is the expected growth rate and x is the expected cash flows. Estimation of parameters of the model The parameters of the model include variables used to determine forecasted earning, dividends and the cash flow. These include; cost of capital, growth rate and any other cost incurred. To start with, the cost of capital is estimated based on the prevailing interest rates at which British financial institution were lending capital. The market

Write a critique of an article of your choice.(optional topic) Essay

Write a critique of an article of your choice.(optional topic) - Essay Example The article gives them the knowledge of a child’s character and how they may see what they read in the stories they choose. The professionals will be able to see how ideas that they have fit into social contexts of the people around them.(Bosmajian,2005,p103) Children’s literature is a field that assumptions will have to be made to understand what the child thinks about their collective and personal values and issues they have. The article is about ‘the implied reader’ and how what they read tells us each a different idea of what is read. It is all in how we look at what is around us and the choices we make and interpret to bring meaning. (Bosmajian, 2005, p. 103) In summary this article is about how children’s literature can be used by professionals to help children find out about themselves through what they read. The readers will learn what makes them learn what they see and use that learning as they grow. According to Freud, â€Å"he saw that this is a therapeutic release for the author and a critical relationship between child and play and poet and language.† (Bosmajian, 2005, p.104) Freud also thought that desires and what society wants is a conflict and that we must make substitutions and make displacements and still be able to take our ideas and make one image to tell about ourselves. Jung thought â€Å"it is a therapeutic process that begins with recognition of the loss of original wholeness due to self-inflation or alienation of the ego.† (Bosmajian, 2005, p. 105) It is about the connections that we make between what we read and see that we make our choices known. Horney, Abraham, Klein, Winnicott and Lacan believe in Ego Psychology and object relations themes. They believe that we all need to self actualize ourselves to improve our identities through language and what we read. Lacan also

Effect of Exports on Growth

Effect of Exports on Growth 1. Introduction 1.1. Theoretical Framework The general idea of free trade agreement of growth was developed in advocacy of free trade based on neoclassical trade theory (Solow, 1956) and from recent endogenous growth theory (Romer P. , 1990). The support for free trade is drawn from Ricardian principles of comparative advantage (Viner, 1937). Similar idea is drawn from the notion of perfect competition and the believe of neoclassical economists who argues on the importance of efficient capital allocation due to free trade (Krugman, 1986; Corden W. , 1974). The phenomenon of free trade came under severe scrutiny in the face of Great Depression. Hence, theoretical foundations of ‘optimum tariff were developed in support of protection (Johnson, 1950; Kaldor, 1940). Johnson (1958, 1971) advocated trade protection in three groups in his classical exposition. They are the economic arguments, non-economic arguments and non-arguments. Economic arguments raise infant industry argument, optimal tariff argument and correction of domestic market distortions, while non-economic arguments emphasize on self-sufficiency for domestic economy. Non-arguments attempt to resolve balance of payment distortions through trade protection. Johnson concluded that ‘optimal tariff protection is the only valid argument, while in other cases such arguments will only inflict distortions. The neoclassical economists refute the notion of protection as an alternative, as this would result in intra-industry effects. The increased barrier to entry would make domestic traders to engage in monopolistic competition, while small enterprises will be left inefficient. Intra-industry effects are the source to welfare loss (Tybout J. D., 1991). In addition, Bhagwati(1988) and Kruger(1974), raises the theory of directly unproductive and profit (DUP) seeking activities, which will cause waste to national resources. Additionally, the Solow-growth model embodies technology as an endogenous factor (Agion, 1992; Romer P. , 1989), which argue that international trade ensures faster diffusion of technology, that is embodied into the better intermediate goods which results in higher productivity and growth for domestic economy (Grossman, 1991). This will result in learning by doing effect and technological know-how is surpassed. In addition, management is more efficient and all will combi ne in high growth (Krugman, 1987; Young, 1991; Lucas, 1988) . 1.2. Objective of the study A high number and standard of studies have been conducted on Export-led growth, trade openness, â€Å"manufacturing exports as a new engine of growth†, specifically in the last decade, on different economies, ranging from developed to poor countries, drawing interesting conclusions. The present study seeks to investigate the effects of export, openness on growth in the context of Bangladesh. Firstly, the study will seek for stable effects of policy shifts and implementation, in Bangladesh, which will be determined by stable changes in the determinants. Stationarity conditions, if satisfied, will ensure the stability of economy and productivity, towards a particular goal. Secondly, the study will investigate the current association between growth and trade openness. While it is desired, that the adopted outward-looking trade policies of Bangladesh to result in positive association of productivity to liberalization, trade openness might be effected by other variables and may render different conclusions. Thirdly, the study will examine, if the export led growth hypothesis is still applicable to Bangladesh, as before, while many countries, such as Sri-Lanka, Philippines, Nigeria have seen opposite relationships. Additionally, Hossain and Karunaratna (2004) have argued that â€Å"manufacturing exports have become new engine of growth† which is a disciple of the de novo hypothesis. In contrast, Adelman (1984) suggests that, agricultural exports should have dominant effect for a pro-agricultural society as Bangladesh. It is important to see if, ‘manufacturing exports is an engine of growth, or still other factors are dominant as before. Investment is an endogenous factor that should imply the increased import of intermediate goods, as a result of increased export, and more openness, would consequently; render higher productivity (Krugman, 1987; Lucas, 1988; Young, 1991). 1.3. Relevance and limitations of the study Relevant studies have been conducted in the context of Bangladesh, in last decade and have drawn interesting remarks. However, the major drawback is the timeframe of earlier studies, which did not cover analyses from the last ten years. In the last ten years, econometric methods have changed and improved rigorously. Hence, many studies have been rendered invalid due to absence of proper methodology. The world economy has seen dramatic events in politics, international trade and global economy. The trends in global economy, which were much more rigorous, in the last ten years, have affected Bangladesh magnificently, as Bangladesh emerges as a high power economy in Asia, and have interested researchers, due to high deviations and high rises to productivity. It is necessary to embody recent econometric techniques of Johansens maximum likelihood cointegration analysis and vector error correction methodology, which will inform on recent associations, among the interested indicators. Hence the state-of-art econometric techniques will provide reliable results that would help the policy makers to observe the relationships and bring sufficient changes, in trade policy to render profit. Among the few limitations of the study was the absence of first hand secondary sources. Most data sources for Bangladesh are not available online and are preserved in paper based format. The lack of proper technology and internet, withdraw the authorities of the country, to provide data directly. Therefore, data are collected from World Bank sources, which may not correct for errors, and sometimes fail to provide detailed data series as an intermediary. 1.4. Structure of the dissertation The second section will contain a brief country profile and approaches to liberalization. The third phase will contain literature review that will discuss literatures in support to export-led growth hypothesis and trade liberalization. This section will bring forth studies that contrast and significance of the study. The fourth and fifth section will contain methodology to estimation and results of analysis. The final section will give conclusion and remarks to the dissertation. 2. Process of trade openness and Export-growth in Bangladesh After independence in 1971, Bangladesh has gone through three phases of policy changes, towards deregulation and openness to trade. The first phase was marked by severe control on exports and imports. The policy implemented in 1972 to 1975, put the country in a socialist framework, with a fixed exchange rate system. Industrial enterprises, banking and trade infrastructure was massively nationalized as an inward-looking, import substitution approach was adopted. Agricultural inputs and outputs were controlled. Empirical literature suggests that this was a good decision for the researched timeframe (Ahmed N. , 2000). The second phase of policy shifting began in 1976 and continued up to 1990. This phase of denationalization, deregulation and trade liberalization lacked a good direction to work out the process. Nationalized trade barriers were reduced, and a ‘free trade approach was undertaken. Privatization of industries and banking sector was allowed and price controls over nationalized firms were lifted. Abolishment of state trading was initiated. The third phase of policy shift, were introduced in the beginning of 1991 and continued up to 2002 with significant remarks. In the recently developed policies toward export-promotion and trade openness, ‘trade barriers have been removed as a flexible exchange rate regime is adopted. To encourage further reduction of anti-export bias, export processing zones have been established, to co-operate manufacturing exports. This recent policy shift has moved towards complete privatization of banks, infrastructure and agricultural sector. During this phase, Bangladesh continued to experience rapid liberalization. In order to further opening up the boundaries, Bangladesh has entered into a ‘free trade agreement among countries in the region. As discussed, to encourage EP trade policies, and free trade, Bangladesh entered into bi-lateral agreements with India, Pakistan, Sri-Lanka, and continues to trade and investment framework agreement with United States. Bangladesh is an active member of SAARC, Developing-8, and Bangkok Agreement. The country is rigorously seeking to import in developing of a regional co-operation among Bangladesh, Bhutan and seven northeastern states of India and Nepal. From the graph presented above, it can be seen that, starting form 1971, imports were increasing at a low rate, with a fall in 1976-77, but moved up after that. The import line took a peak after the third policy implementation in 1991, and continued to rise at a high speed. The export trend was almost at a constant level, until the 1991 policy implementation. Afterwards, the trend peaked, gained a momentum after 2000. However, the export line still falls below the import trend. As reported by the export promotion bureau, in 2005-2006 FY, export earnings have grown by 21.3%, which is due to high demand of, chiefly manufactured goods, led by garments industry and knitwear. During this period, import payments have grown by 9.5%. In contrast to real export, manufacturing exports exhibit of higher exports than imports which are in percentage of merchandise exports. This is indicative of higher productivity. When the country adopts rigorous trade policy towards openness and promoting exports, large scale capital owners and labor unions are in oppose to liberalization. The cause of opposition may lie in the fact that, increased competition, effect the workers, in protected public and private sector, who fail to adjust to the exposed economy, with increased productivity. The politicians tend to protect large scale owners, who severely discourage competition and create bias towards exports (Sattar, 2004). 3. Literature Review 3.1. Concepts and Empirics on Export-Led Growth Phenomenon Export led growth phenomenon has been central to the trade and development literature for many years. The bulk of researches that has taken place on this issue are therefore, not small in number and range. The focuses of these studies were bi-directional. Some of the studies attempted to find whether expanding export would improve the growth performance. Others tried to find the paths through which the expansion of export will affect the growth performance. Economic theory confirms that export expansion leads to increase the growth performance, as that efficiently allocates productive resources and also with the high volume of productive resources accumulated as a result of higher capital earned through export growth, (Bardhan, 1970; Cheneray, 1966; Basu, 1991; Romer P. , 1989 ; McKinnon, 1964; Grossman, 1991). Export expansion makes the home country to concentrate on comparative advantages and to earn economies of scale. The home country continues to invest on its economies of scale and achieve better efficiency. The increased efficiency creates external competitive pressure on the home country, along with improved internal competition. In the face of more competition, the monopolistic and oligopolostic behavior of the market is eliminated. Efficiency is also created as learning by doing. Knowledge is transferred to other sectors and growth is enhanced. The external competition, aids the small economy to realise and emphasize on removing limitations, through economies of scale, and by reaping the true advantage of globalisation, which is acquired by increasing export. The theoitical literature also argues that, export expansion increases the investment and capital accumulation in a country. The two-gap model explains , that growing export reduces the constraints that prevail in foreign exchange. Such reduction of constraints lead to better accumulation of productive resources, capital goods and intermediate goods (McKinnon, 1964; Bacha, 1984; Cheneray, 1966). Export expansion also increases investement opportunity of a country. Modern economists suggest that, savings by domestic and banking system, government savings and foreign exchange savings cannot only induce investment. Investment opportunities determine investment rather than savings. The growth of export will provide investment opportunities to home country, (Sandrum, 1994). Theories suggest that, the relationship of export and economic growth is bi-directional. Economic growth may also increase export for a country. The effect of better learning and technological development, give rise to output. The growth of output ensures that domestic demand is met and export will expand. However, this technological process development or learning process development is not directly related to the export promoting policies (Jung, 1985). As the home country realizes economies of scale, expansion of export takes place. Investemnt (Grossman, 1991). Therefore, the bi-directional theory suggests that, GDP is a function of investment, that enhances export performance, and export increases investment opportunity, that is directed to GDP growth. In the designing process of development economics, entailed was dominant export passimistic theories, rather than export promoting views. After the end of world war II, import substitution strategies were to be followed by many countries. However, the initial phase of implementing import substitution strategies seemed ideal during that period, but the results of taking attempts to implement the import substitution strategies were not favorable for all economies. Economists found that, that export passimistic views were not justified for many economies that have reached a certain level of development, and industrialization. On the other hand, the import substitution trade policies laid undesirable effcts on balance of payment. As a result, the growing economies did not accept import substitution strategies, rather accept export promoting views (Adelman, 1984). The growth led export is also suggested by theories. According to Bhagwati (1988), growth led export hypothesis is dominant when supply and demand is induced by growth. In such cases, anti-trade bias is turned down.The possibility of bi-directional causality prevails in many major theoritical literture (Grossman, 1991; Bhagwati J. , 1988). On the other hand, Irma Adelman (1984) argues that, export-led growth is not the only open development strategy for a least developed country. The open development strategy that ensures the allocation of agriculturally driven resources may prove superior than the strategy for allocation of capital for investment resources. An alternative to the import substituion strategy, for a closed development approach, maybe an ADLI ( agricultural-demand-led-industrialization) strategy. It is important to identify the phase of closed development ideology, which is dominant after the era of Pro-agricultural strategy is over. Another theoritical literature similarly argued that, ADLI as a balanced-gowth-approach, can only be a mean, to attain the goal for developing countries need for higher growth, and the need for growing industrialization by expanding the demand for domestically produecd consumer goods and intermediate goods. The linkage effect to agriculture with industrialization is also exam ined (Singer, 1979). Singer (1979) defines this target as Lime target and ADLI is the solution. However, Irma Adelman(1984), also puts out the constraints to ADLI strategy as it requires the improvement of infrastructure in Agriculture which is difficult to attain in South Asian Sub-continent. The physical capital needs to be perfectly infrustructred for ADLI yield expected results. Therefore, ADLI strategy is a solution to allow time to the developing countries to bring abouth changes structurally, in 1980s to 1990s. This strategy cannot wire out the importance of export-promoting strategies as an alternative for import substituion strategies at all (Adelman, 1984). Alongside the theoritical literatures on export-led growth hypothesis, the number empirical literature from the first of its kind by Maizels(1963) is many. Jung and Marsall(1985) scanned 11 empirical studies that were carried out from 1967 to 1982 timeframe, and all of the studies found supportive relationships to export and growth. Greenaway and Sapsford(1994), reviewed 14 empirical studies that were conducted on the export-led growth hypothesis, and 12 empirical studies vividly shown relationships between export and growth. One of a major study conducted by Giles and Williams (2000), which conducted 150 cross country analysis from 1963 to 1999. Out of the 57 countries that were analysed , only 4 countries failed to show significant relationships between export and growth, and only 10 out of the 102 time series analysis didnt show significant relationships between export and growth. It has interested the empirical literature to examine export-led growth hypothesis prior and after the oil shock in 1973-74 timeframe. Among the studies,that took place prior to the oil shock, Michalopoulos and Jay (1973) conducted a study in a 1960-73 timeframe, by estimating export and gowth into a poduction function, signifcant relationships were found. Tyler (1981) conducted study on a group of middle income countries, putting export and growth into similar production function framework, and found similar relationships.Therefore, export orientation into the framework is supposed to effect growth therough economies of scale, allcation of productive resources and utilization of capital, optimally. The study of Feder (1983) found similar results. Balassa (1983) were dubious about the relationship afther oil shock, as in the face of economic recession 1974-75 that took place after the quadrupling of oil price in 1973-74, may have effected the relationship because of the orientation o f external shock in the production function. The study he conducted had taken th period of 1973-79, after the shcok, on 43 developing countries, who were directly affected by subsequent recession. The result did show export affecting growth positively and the numerical magnitude of the effect did grow compared to early results. The changes in intercountry growth rate before and after the oil shock is rather a result of different trade policies introduced. An important theoritical implication is increasing export also paves the way for imported capital goods to be entered into the country (Islam M. , 1998). As productivity is increased, investment along with profit grows and the economy enjoys higher growth (Edward, 1993; Levine, 1992). In last two decades, exports of newly industrialized countries grew by 20%. Manufacturing exports entailed 70% of total exports. As a third factor, import of manufactured and productive capital goods increased. The demand for these capital goods indicates the increasing rate of growth. Therefore, the plethora of studies on export and growth make this issue important enough to review. 3.2. Cross-country empirical analyses In light of previous section, many empirical literature also focused on perticular countries or a category of countries to examine the export-led growth hypothesis. In theoritical literature, it is defined that, if export growth coefficients and and output growth coefficients are significantly positive in regression, the country follows export promoting strategies. If output growth causes export growth in regression than the country is labelled IGE or internally generated exports. On the other hand if a export growth coeiicient and output growth coefficient is negetively correlated in the regression for growth, the country follows ERG or export reducing growth strategy (Jung, 1985). Such countries are following inward-oriented strategies rather than outward-oriented policies. Inward-oriented countries may also follow IS (import substitution) trade policy. Many empirical studies on cross-country did confirm the existence of export-led growth for different countries, and in some countries results otherwise is found. Hatemi J. and Irandsout (2000) continued analysis on Ireland, Portugal and Mexico, and significant relationship was confirmed. In the same study, they failed to confirm causal relationship for Greece and Turkey (Hatemi-J.A., 2000). The study by Ghirmay et al. (2001) did find positive relationship of export and growth for a number of developing countries. Just after one year, another study by Greenaway et al. (2002) conducted analysis on a number of selected developing countries and found that the growth rate for these countries dropped immediately after trade reform, for a constant rate of export, but gained momentum following a J-curve response after the affect of trade refor wires out. M. Michaely (1976) analysed 41 developing countries for a significantly large period. The resulting conclusion implicated that while Greece, Taiwan, Portugal, Spain, Israel, Yoguslavia and Koria had rapid growth with increasing export, Portugal did not show significant export growth, while GDP was growing in same pace. On the other hand, when Ethiopia incresed its export performance considerably, but failed to increase its growth to the pace with other countries. On the basis of rank correlations, M. Michaely (1976) concluded that export performance will positively effect growth of a country, only when a country achieves development of a perticular level. Countries below this level will fail to exhibit good export-growth relationships. Bela Balassa(1977) followed similar study conducted by M. Michaely (1976), running rank correlations on a sample of countries that established industrial base for a timeframe of 1960-73. Among these countries, Korea, Singapore and Taiwan adopted EP (ex port promoting) strategies at a very early stage and provided incentive to the exporting sector by subsidizing the sector in many ways. On the contrary, though, Israel and Yoguslavia promoted export during the same period, but their efforts seemed to dim in the later periods. On the other extreme, Argentina, Brazil, Columbia and Mexico, continued the existing trade policy, supporting import substitution (IS). During this period, Chile and India continued their inward-oriented policies and was in the phase of weakly introducing export promotion policies. The resulting conclusion estimated that, while Korea and Taiwan would have less growth with more export, Chile, India, Mexico,Brazil and almost all other countries would have better levels of growth with higher levels of export. The countries that moved to opposite direction is due to the unfavorable internal conditions and policy constraints, the countries have. Similarly, for Phillipines and Srilanka, opposite direction of relation ship is found (Islam M. , 1998). 3.3. Controversial Theories and Evidence Due to the debt crisis and continued recession that prevailed during 1980s, after many countries adopted export promoting strategies, theorists and economicsts were dubious about export-led growth hypothesis. It became a necessity to re-examine the export promoting strategies (Bhagwati J. , 1988). The revived passimistic school of thought was dominated by old and new school of thoughts. The most influencial school of thoughts were suggested by two great contemporay development economists, that were Raul Prebisch (Prebisch, 1952) and Ragner Nurkse (Nurkse, 1953). Prebisch (1952) recommended that, chief exports for newly industrialized countries will decline following a natural cycle, regardless of the trade policy implemented by the home country. Producers of home economy will respond by rapid industrialization and the economy will respond by employing more protection and higher level of restrictions. All these attempts will make export promotion unjustified. The other dominant export passimism was realized by Nurkse(1953), who stressed more on â€Å"balanced growth†. The â€Å"balanced growth† theory suggests that the accelerated pace of growth and exports of developing countries, make foreign markets unable to accommodate imports on sufficient level. Developing economies shift from raw materials to synthetic materials as inputs, and damage exports for developing countries longer run. Riedel (1984) suggests that, demand dominates export performance. It is a biased view towards export growth relationship if that is explained by export performance of selected countries. Export performance maybe more reliant on domestic incentives of a country, rather than the external conditions (Riedel, 1984). The new literatures focus more on successful Asian exporters, which maybe a mistake to be implemented as a general strategy for all economies. The sources of worry advocates that, markets are shifted to export promotion, markets will fail to absorb all exports. The earlier wave of export passimism was afflicted by this idea. Economists have always supported the idea of intra-industry specialization which leads to adoption of inward-oriented policies, and terms an economy as closed economy.The countries that adopt outward-oriented policies to a greater extent, or publicly promotes export promoting strategies, associates some level of government intervention. The government intervention makes sure that exports are promoted, subsidized and invested into. The countries that are empirically supportive of export-led growth hypothesis, mostly follow government intervention. This practice is generalized except countries like Hong-Kong. However, these are exceptional cases and should not be g eneralized (Bhagwati J. , 1988). Economists also view that, export promoting trade policies, make the domestic market less sheltered and susceptible to world economic condition, outside pressure, world competition as well as innovation. This view has also been critisized and the opposite direction is supported by Schumpeterian arguments (Bhagwati J. , 1984). The theory of market imperfections addressed by Fields(1984) suggests that, in presence of excessively high wages, countries may do poorly. An example of this theory is set to Jamaica. Another interesting theory is the satisfaction theory of import substitution suggests that, the export promotion strategies are not suitable for many newly industrialzed countries due to their lack of flexibility for movemet of capital resources. Countries also lack the political capabilities to implement this flexibility (Ruggie,1983). Similar argument is also suggested by Adelman (1984) who argues that, agricultural-demand-led-industrialization strategy should be applied to allo w a country enough time, for it to develop a structural base, before the country can successfully implement export promoting strategies. Export-led growth will follow if the country can achieve a minimum level of development as suggested before. While in the face of rapid growth, many countries are doing well with export promoting trade policies, countries like Taiwan, Sri-Lanka, Phillipines, Jamaica, Brazil, Korea. are examples of countries, that was not in the position to implement export-promoting trade strategies,and the desired export-led growth was not achieved. In some theories, learning by doing or intra-industrial knowledge transfer was an important factor for adopting export promotion strategies. It is believed to be a mean of acquiring economies of scale for industries. The know-how process is a major motivating factor for economies, to support export promotion strategies. However, even, learning by doing effect dims down and may stop completely in absence of newly developed technology (Young, 1991). This makes outward-orientation unjustified and export-led growth, a failure. Import substitution and export promotion strategies do best when they are complementary (Grabowski,1994; Hamilton and Thompson, 1994). One important alternative suggested by Adelman (1984), is the ADLI (agricultural-demand-led-industrialization) strategy. The ADLI argument can be set into the similar footsteps of IGE (internally gorwn exports) of Jung (1985). Adelman (1984) argues that, when the countries became more reliant on industrial export-led growth, the controversies arise as many of least developed countries experienced lower employment, deteriorated income distribution, high level of food imports as domestic demand is not met, and lower level of growth. Therefore, countries required to implement more basic need oriented strategies. The rising foreign exchange constraints, and the serious liquidity problems, least developed countries faced, as they moved towards more export promoting strategies, following the export-led growth hypothesis, newly renewed export passimism (Adelman, 1984). As empirical evidence, causality tests between export and groth conducted by Jung and Marshall (1985) on 37 countries should be addressed. In this empirical study, countries as many as South Africa, Korea, Pakistan, Israel, Bolivia and Peru did not show significantly positive relationship between export and growth. Rather these countries showed export reducing growth, which is the other way around. If these countries implements export promoting trade strategy, the countries will experience crippled economy and lower growth. Countries such as Iran, Kenya and Thailand are in favor of internally generated growth, and in the process of successfully implement export promoting growth policy (Jung, 1985). Looking at the above results, countries therefore, support import substitution as a pro-agricultural trade policy (Adelman, 1984). Countries are also adviced to move towards ADLI strategy in this stage. It may not be favorable for countries to immediately implement export promoting trade strategies, hoping to yield benefits of export-led growth hypthesis. In the primary stage, countries require import substitution policies, to develop intra-indistrial skills, economies of scale, and a trade base to a minimum level. The level in between is a complementary stage between import substitution and export promotion. Countries as India, Malaysia, Bangldesh in South east Asian region, followed import substitution for longer period until they believed to reach the minimum level, before these countries can move towards outward-oriented policies and introduced trade openness, and enjoyed the benefits of export-led-growth. For many countries mentioned above, steps taken in an earlier phase, have backfired. Therefore, the controversies to export led growth is as prevailent as the support toward the hypothesis. 3.4. Empirics on export led-growth and trade liberalization in the context of Bangladesh As one of Asias growing power house economy, The export-led growth hypothesis has been examined in the context of Bangladesh, in many empirical literaures. Among the newly conducted researches, conintegration analyses, vector error correction models, explained many important variables such as manufacturing exports, investment capital to the total exports and growth. This part will briefly review the studies conducted in the context of Bangladesh. Since its independence, Bangladesh embarked in a import substitution trade policy; following the ideology that a pro-agricultural society should be motivated to develop intra-industry to achieve economies of scale (Adelman, 1984). The mounting foreign debt, instable political condition, low productivity and growth, lower national income, did not allow the country to achieve its economic objective. Therefore, the country had to convert its inward looking policies, towards more outward looking policy, and adopted export promoting trade policy in 1982. Many structural adjustments were adviced by world bank and international monetary fund. The country went under furth Effect of Exports on Growth Effect of Exports on Growth 1. Introduction 1.1. Theoretical Framework The general idea of free trade agreement of growth was developed in advocacy of free trade based on neoclassical trade theory (Solow, 1956) and from recent endogenous growth theory (Romer P. , 1990). The support for free trade is drawn from Ricardian principles of comparative advantage (Viner, 1937). Similar idea is drawn from the notion of perfect competition and the believe of neoclassical economists who argues on the importance of efficient capital allocation due to free trade (Krugman, 1986; Corden W. , 1974). The phenomenon of free trade came under severe scrutiny in the face of Great Depression. Hence, theoretical foundations of ‘optimum tariff were developed in support of protection (Johnson, 1950; Kaldor, 1940). Johnson (1958, 1971) advocated trade protection in three groups in his classical exposition. They are the economic arguments, non-economic arguments and non-arguments. Economic arguments raise infant industry argument, optimal tariff argument and correction of domestic market distortions, while non-economic arguments emphasize on self-sufficiency for domestic economy. Non-arguments attempt to resolve balance of payment distortions through trade protection. Johnson concluded that ‘optimal tariff protection is the only valid argument, while in other cases such arguments will only inflict distortions. The neoclassical economists refute the notion of protection as an alternative, as this would result in intra-industry effects. The increased barrier to entry would make domestic traders to engage in monopolistic competition, while small enterprises will be left inefficient. Intra-industry effects are the source to welfare loss (Tybout J. D., 1991). In addition, Bhagwati(1988) and Kruger(1974), raises the theory of directly unproductive and profit (DUP) seeking activities, which will cause waste to national resources. Additionally, the Solow-growth model embodies technology as an endogenous factor (Agion, 1992; Romer P. , 1989), which argue that international trade ensures faster diffusion of technology, that is embodied into the better intermediate goods which results in higher productivity and growth for domestic economy (Grossman, 1991). This will result in learning by doing effect and technological know-how is surpassed. In addition, management is more efficient and all will combi ne in high growth (Krugman, 1987; Young, 1991; Lucas, 1988) . 1.2. Objective of the study A high number and standard of studies have been conducted on Export-led growth, trade openness, â€Å"manufacturing exports as a new engine of growth†, specifically in the last decade, on different economies, ranging from developed to poor countries, drawing interesting conclusions. The present study seeks to investigate the effects of export, openness on growth in the context of Bangladesh. Firstly, the study will seek for stable effects of policy shifts and implementation, in Bangladesh, which will be determined by stable changes in the determinants. Stationarity conditions, if satisfied, will ensure the stability of economy and productivity, towards a particular goal. Secondly, the study will investigate the current association between growth and trade openness. While it is desired, that the adopted outward-looking trade policies of Bangladesh to result in positive association of productivity to liberalization, trade openness might be effected by other variables and may render different conclusions. Thirdly, the study will examine, if the export led growth hypothesis is still applicable to Bangladesh, as before, while many countries, such as Sri-Lanka, Philippines, Nigeria have seen opposite relationships. Additionally, Hossain and Karunaratna (2004) have argued that â€Å"manufacturing exports have become new engine of growth† which is a disciple of the de novo hypothesis. In contrast, Adelman (1984) suggests that, agricultural exports should have dominant effect for a pro-agricultural society as Bangladesh. It is important to see if, ‘manufacturing exports is an engine of growth, or still other factors are dominant as before. Investment is an endogenous factor that should imply the increased import of intermediate goods, as a result of increased export, and more openness, would consequently; render higher productivity (Krugman, 1987; Lucas, 1988; Young, 1991). 1.3. Relevance and limitations of the study Relevant studies have been conducted in the context of Bangladesh, in last decade and have drawn interesting remarks. However, the major drawback is the timeframe of earlier studies, which did not cover analyses from the last ten years. In the last ten years, econometric methods have changed and improved rigorously. Hence, many studies have been rendered invalid due to absence of proper methodology. The world economy has seen dramatic events in politics, international trade and global economy. The trends in global economy, which were much more rigorous, in the last ten years, have affected Bangladesh magnificently, as Bangladesh emerges as a high power economy in Asia, and have interested researchers, due to high deviations and high rises to productivity. It is necessary to embody recent econometric techniques of Johansens maximum likelihood cointegration analysis and vector error correction methodology, which will inform on recent associations, among the interested indicators. Hence the state-of-art econometric techniques will provide reliable results that would help the policy makers to observe the relationships and bring sufficient changes, in trade policy to render profit. Among the few limitations of the study was the absence of first hand secondary sources. Most data sources for Bangladesh are not available online and are preserved in paper based format. The lack of proper technology and internet, withdraw the authorities of the country, to provide data directly. Therefore, data are collected from World Bank sources, which may not correct for errors, and sometimes fail to provide detailed data series as an intermediary. 1.4. Structure of the dissertation The second section will contain a brief country profile and approaches to liberalization. The third phase will contain literature review that will discuss literatures in support to export-led growth hypothesis and trade liberalization. This section will bring forth studies that contrast and significance of the study. The fourth and fifth section will contain methodology to estimation and results of analysis. The final section will give conclusion and remarks to the dissertation. 2. Process of trade openness and Export-growth in Bangladesh After independence in 1971, Bangladesh has gone through three phases of policy changes, towards deregulation and openness to trade. The first phase was marked by severe control on exports and imports. The policy implemented in 1972 to 1975, put the country in a socialist framework, with a fixed exchange rate system. Industrial enterprises, banking and trade infrastructure was massively nationalized as an inward-looking, import substitution approach was adopted. Agricultural inputs and outputs were controlled. Empirical literature suggests that this was a good decision for the researched timeframe (Ahmed N. , 2000). The second phase of policy shifting began in 1976 and continued up to 1990. This phase of denationalization, deregulation and trade liberalization lacked a good direction to work out the process. Nationalized trade barriers were reduced, and a ‘free trade approach was undertaken. Privatization of industries and banking sector was allowed and price controls over nationalized firms were lifted. Abolishment of state trading was initiated. The third phase of policy shift, were introduced in the beginning of 1991 and continued up to 2002 with significant remarks. In the recently developed policies toward export-promotion and trade openness, ‘trade barriers have been removed as a flexible exchange rate regime is adopted. To encourage further reduction of anti-export bias, export processing zones have been established, to co-operate manufacturing exports. This recent policy shift has moved towards complete privatization of banks, infrastructure and agricultural sector. During this phase, Bangladesh continued to experience rapid liberalization. In order to further opening up the boundaries, Bangladesh has entered into a ‘free trade agreement among countries in the region. As discussed, to encourage EP trade policies, and free trade, Bangladesh entered into bi-lateral agreements with India, Pakistan, Sri-Lanka, and continues to trade and investment framework agreement with United States. Bangladesh is an active member of SAARC, Developing-8, and Bangkok Agreement. The country is rigorously seeking to import in developing of a regional co-operation among Bangladesh, Bhutan and seven northeastern states of India and Nepal. From the graph presented above, it can be seen that, starting form 1971, imports were increasing at a low rate, with a fall in 1976-77, but moved up after that. The import line took a peak after the third policy implementation in 1991, and continued to rise at a high speed. The export trend was almost at a constant level, until the 1991 policy implementation. Afterwards, the trend peaked, gained a momentum after 2000. However, the export line still falls below the import trend. As reported by the export promotion bureau, in 2005-2006 FY, export earnings have grown by 21.3%, which is due to high demand of, chiefly manufactured goods, led by garments industry and knitwear. During this period, import payments have grown by 9.5%. In contrast to real export, manufacturing exports exhibit of higher exports than imports which are in percentage of merchandise exports. This is indicative of higher productivity. When the country adopts rigorous trade policy towards openness and promoting exports, large scale capital owners and labor unions are in oppose to liberalization. The cause of opposition may lie in the fact that, increased competition, effect the workers, in protected public and private sector, who fail to adjust to the exposed economy, with increased productivity. The politicians tend to protect large scale owners, who severely discourage competition and create bias towards exports (Sattar, 2004). 3. Literature Review 3.1. Concepts and Empirics on Export-Led Growth Phenomenon Export led growth phenomenon has been central to the trade and development literature for many years. The bulk of researches that has taken place on this issue are therefore, not small in number and range. The focuses of these studies were bi-directional. Some of the studies attempted to find whether expanding export would improve the growth performance. Others tried to find the paths through which the expansion of export will affect the growth performance. Economic theory confirms that export expansion leads to increase the growth performance, as that efficiently allocates productive resources and also with the high volume of productive resources accumulated as a result of higher capital earned through export growth, (Bardhan, 1970; Cheneray, 1966; Basu, 1991; Romer P. , 1989 ; McKinnon, 1964; Grossman, 1991). Export expansion makes the home country to concentrate on comparative advantages and to earn economies of scale. The home country continues to invest on its economies of scale and achieve better efficiency. The increased efficiency creates external competitive pressure on the home country, along with improved internal competition. In the face of more competition, the monopolistic and oligopolostic behavior of the market is eliminated. Efficiency is also created as learning by doing. Knowledge is transferred to other sectors and growth is enhanced. The external competition, aids the small economy to realise and emphasize on removing limitations, through economies of scale, and by reaping the true advantage of globalisation, which is acquired by increasing export. The theoitical literature also argues that, export expansion increases the investment and capital accumulation in a country. The two-gap model explains , that growing export reduces the constraints that prevail in foreign exchange. Such reduction of constraints lead to better accumulation of productive resources, capital goods and intermediate goods (McKinnon, 1964; Bacha, 1984; Cheneray, 1966). Export expansion also increases investement opportunity of a country. Modern economists suggest that, savings by domestic and banking system, government savings and foreign exchange savings cannot only induce investment. Investment opportunities determine investment rather than savings. The growth of export will provide investment opportunities to home country, (Sandrum, 1994). Theories suggest that, the relationship of export and economic growth is bi-directional. Economic growth may also increase export for a country. The effect of better learning and technological development, give rise to output. The growth of output ensures that domestic demand is met and export will expand. However, this technological process development or learning process development is not directly related to the export promoting policies (Jung, 1985). As the home country realizes economies of scale, expansion of export takes place. Investemnt (Grossman, 1991). Therefore, the bi-directional theory suggests that, GDP is a function of investment, that enhances export performance, and export increases investment opportunity, that is directed to GDP growth. In the designing process of development economics, entailed was dominant export passimistic theories, rather than export promoting views. After the end of world war II, import substitution strategies were to be followed by many countries. However, the initial phase of implementing import substitution strategies seemed ideal during that period, but the results of taking attempts to implement the import substitution strategies were not favorable for all economies. Economists found that, that export passimistic views were not justified for many economies that have reached a certain level of development, and industrialization. On the other hand, the import substitution trade policies laid undesirable effcts on balance of payment. As a result, the growing economies did not accept import substitution strategies, rather accept export promoting views (Adelman, 1984). The growth led export is also suggested by theories. According to Bhagwati (1988), growth led export hypothesis is dominant when supply and demand is induced by growth. In such cases, anti-trade bias is turned down.The possibility of bi-directional causality prevails in many major theoritical literture (Grossman, 1991; Bhagwati J. , 1988). On the other hand, Irma Adelman (1984) argues that, export-led growth is not the only open development strategy for a least developed country. The open development strategy that ensures the allocation of agriculturally driven resources may prove superior than the strategy for allocation of capital for investment resources. An alternative to the import substituion strategy, for a closed development approach, maybe an ADLI ( agricultural-demand-led-industrialization) strategy. It is important to identify the phase of closed development ideology, which is dominant after the era of Pro-agricultural strategy is over. Another theoritical literature similarly argued that, ADLI as a balanced-gowth-approach, can only be a mean, to attain the goal for developing countries need for higher growth, and the need for growing industrialization by expanding the demand for domestically produecd consumer goods and intermediate goods. The linkage effect to agriculture with industrialization is also exam ined (Singer, 1979). Singer (1979) defines this target as Lime target and ADLI is the solution. However, Irma Adelman(1984), also puts out the constraints to ADLI strategy as it requires the improvement of infrastructure in Agriculture which is difficult to attain in South Asian Sub-continent. The physical capital needs to be perfectly infrustructred for ADLI yield expected results. Therefore, ADLI strategy is a solution to allow time to the developing countries to bring abouth changes structurally, in 1980s to 1990s. This strategy cannot wire out the importance of export-promoting strategies as an alternative for import substituion strategies at all (Adelman, 1984). Alongside the theoritical literatures on export-led growth hypothesis, the number empirical literature from the first of its kind by Maizels(1963) is many. Jung and Marsall(1985) scanned 11 empirical studies that were carried out from 1967 to 1982 timeframe, and all of the studies found supportive relationships to export and growth. Greenaway and Sapsford(1994), reviewed 14 empirical studies that were conducted on the export-led growth hypothesis, and 12 empirical studies vividly shown relationships between export and growth. One of a major study conducted by Giles and Williams (2000), which conducted 150 cross country analysis from 1963 to 1999. Out of the 57 countries that were analysed , only 4 countries failed to show significant relationships between export and growth, and only 10 out of the 102 time series analysis didnt show significant relationships between export and growth. It has interested the empirical literature to examine export-led growth hypothesis prior and after the oil shock in 1973-74 timeframe. Among the studies,that took place prior to the oil shock, Michalopoulos and Jay (1973) conducted a study in a 1960-73 timeframe, by estimating export and gowth into a poduction function, signifcant relationships were found. Tyler (1981) conducted study on a group of middle income countries, putting export and growth into similar production function framework, and found similar relationships.Therefore, export orientation into the framework is supposed to effect growth therough economies of scale, allcation of productive resources and utilization of capital, optimally. The study of Feder (1983) found similar results. Balassa (1983) were dubious about the relationship afther oil shock, as in the face of economic recession 1974-75 that took place after the quadrupling of oil price in 1973-74, may have effected the relationship because of the orientation o f external shock in the production function. The study he conducted had taken th period of 1973-79, after the shcok, on 43 developing countries, who were directly affected by subsequent recession. The result did show export affecting growth positively and the numerical magnitude of the effect did grow compared to early results. The changes in intercountry growth rate before and after the oil shock is rather a result of different trade policies introduced. An important theoritical implication is increasing export also paves the way for imported capital goods to be entered into the country (Islam M. , 1998). As productivity is increased, investment along with profit grows and the economy enjoys higher growth (Edward, 1993; Levine, 1992). In last two decades, exports of newly industrialized countries grew by 20%. Manufacturing exports entailed 70% of total exports. As a third factor, import of manufactured and productive capital goods increased. The demand for these capital goods indicates the increasing rate of growth. Therefore, the plethora of studies on export and growth make this issue important enough to review. 3.2. Cross-country empirical analyses In light of previous section, many empirical literature also focused on perticular countries or a category of countries to examine the export-led growth hypothesis. In theoritical literature, it is defined that, if export growth coefficients and and output growth coefficients are significantly positive in regression, the country follows export promoting strategies. If output growth causes export growth in regression than the country is labelled IGE or internally generated exports. On the other hand if a export growth coeiicient and output growth coefficient is negetively correlated in the regression for growth, the country follows ERG or export reducing growth strategy (Jung, 1985). Such countries are following inward-oriented strategies rather than outward-oriented policies. Inward-oriented countries may also follow IS (import substitution) trade policy. Many empirical studies on cross-country did confirm the existence of export-led growth for different countries, and in some countries results otherwise is found. Hatemi J. and Irandsout (2000) continued analysis on Ireland, Portugal and Mexico, and significant relationship was confirmed. In the same study, they failed to confirm causal relationship for Greece and Turkey (Hatemi-J.A., 2000). The study by Ghirmay et al. (2001) did find positive relationship of export and growth for a number of developing countries. Just after one year, another study by Greenaway et al. (2002) conducted analysis on a number of selected developing countries and found that the growth rate for these countries dropped immediately after trade reform, for a constant rate of export, but gained momentum following a J-curve response after the affect of trade refor wires out. M. Michaely (1976) analysed 41 developing countries for a significantly large period. The resulting conclusion implicated that while Greece, Taiwan, Portugal, Spain, Israel, Yoguslavia and Koria had rapid growth with increasing export, Portugal did not show significant export growth, while GDP was growing in same pace. On the other hand, when Ethiopia incresed its export performance considerably, but failed to increase its growth to the pace with other countries. On the basis of rank correlations, M. Michaely (1976) concluded that export performance will positively effect growth of a country, only when a country achieves development of a perticular level. Countries below this level will fail to exhibit good export-growth relationships. Bela Balassa(1977) followed similar study conducted by M. Michaely (1976), running rank correlations on a sample of countries that established industrial base for a timeframe of 1960-73. Among these countries, Korea, Singapore and Taiwan adopted EP (ex port promoting) strategies at a very early stage and provided incentive to the exporting sector by subsidizing the sector in many ways. On the contrary, though, Israel and Yoguslavia promoted export during the same period, but their efforts seemed to dim in the later periods. On the other extreme, Argentina, Brazil, Columbia and Mexico, continued the existing trade policy, supporting import substitution (IS). During this period, Chile and India continued their inward-oriented policies and was in the phase of weakly introducing export promotion policies. The resulting conclusion estimated that, while Korea and Taiwan would have less growth with more export, Chile, India, Mexico,Brazil and almost all other countries would have better levels of growth with higher levels of export. The countries that moved to opposite direction is due to the unfavorable internal conditions and policy constraints, the countries have. Similarly, for Phillipines and Srilanka, opposite direction of relation ship is found (Islam M. , 1998). 3.3. Controversial Theories and Evidence Due to the debt crisis and continued recession that prevailed during 1980s, after many countries adopted export promoting strategies, theorists and economicsts were dubious about export-led growth hypothesis. It became a necessity to re-examine the export promoting strategies (Bhagwati J. , 1988). The revived passimistic school of thought was dominated by old and new school of thoughts. The most influencial school of thoughts were suggested by two great contemporay development economists, that were Raul Prebisch (Prebisch, 1952) and Ragner Nurkse (Nurkse, 1953). Prebisch (1952) recommended that, chief exports for newly industrialized countries will decline following a natural cycle, regardless of the trade policy implemented by the home country. Producers of home economy will respond by rapid industrialization and the economy will respond by employing more protection and higher level of restrictions. All these attempts will make export promotion unjustified. The other dominant export passimism was realized by Nurkse(1953), who stressed more on â€Å"balanced growth†. The â€Å"balanced growth† theory suggests that the accelerated pace of growth and exports of developing countries, make foreign markets unable to accommodate imports on sufficient level. Developing economies shift from raw materials to synthetic materials as inputs, and damage exports for developing countries longer run. Riedel (1984) suggests that, demand dominates export performance. It is a biased view towards export growth relationship if that is explained by export performance of selected countries. Export performance maybe more reliant on domestic incentives of a country, rather than the external conditions (Riedel, 1984). The new literatures focus more on successful Asian exporters, which maybe a mistake to be implemented as a general strategy for all economies. The sources of worry advocates that, markets are shifted to export promotion, markets will fail to absorb all exports. The earlier wave of export passimism was afflicted by this idea. Economists have always supported the idea of intra-industry specialization which leads to adoption of inward-oriented policies, and terms an economy as closed economy.The countries that adopt outward-oriented policies to a greater extent, or publicly promotes export promoting strategies, associates some level of government intervention. The government intervention makes sure that exports are promoted, subsidized and invested into. The countries that are empirically supportive of export-led growth hypothesis, mostly follow government intervention. This practice is generalized except countries like Hong-Kong. However, these are exceptional cases and should not be g eneralized (Bhagwati J. , 1988). Economists also view that, export promoting trade policies, make the domestic market less sheltered and susceptible to world economic condition, outside pressure, world competition as well as innovation. This view has also been critisized and the opposite direction is supported by Schumpeterian arguments (Bhagwati J. , 1984). The theory of market imperfections addressed by Fields(1984) suggests that, in presence of excessively high wages, countries may do poorly. An example of this theory is set to Jamaica. Another interesting theory is the satisfaction theory of import substitution suggests that, the export promotion strategies are not suitable for many newly industrialzed countries due to their lack of flexibility for movemet of capital resources. Countries also lack the political capabilities to implement this flexibility (Ruggie,1983). Similar argument is also suggested by Adelman (1984) who argues that, agricultural-demand-led-industrialization strategy should be applied to allo w a country enough time, for it to develop a structural base, before the country can successfully implement export promoting strategies. Export-led growth will follow if the country can achieve a minimum level of development as suggested before. While in the face of rapid growth, many countries are doing well with export promoting trade policies, countries like Taiwan, Sri-Lanka, Phillipines, Jamaica, Brazil, Korea. are examples of countries, that was not in the position to implement export-promoting trade strategies,and the desired export-led growth was not achieved. In some theories, learning by doing or intra-industrial knowledge transfer was an important factor for adopting export promotion strategies. It is believed to be a mean of acquiring economies of scale for industries. The know-how process is a major motivating factor for economies, to support export promotion strategies. However, even, learning by doing effect dims down and may stop completely in absence of newly developed technology (Young, 1991). This makes outward-orientation unjustified and export-led growth, a failure. Import substitution and export promotion strategies do best when they are complementary (Grabowski,1994; Hamilton and Thompson, 1994). One important alternative suggested by Adelman (1984), is the ADLI (agricultural-demand-led-industrialization) strategy. The ADLI argument can be set into the similar footsteps of IGE (internally gorwn exports) of Jung (1985). Adelman (1984) argues that, when the countries became more reliant on industrial export-led growth, the controversies arise as many of least developed countries experienced lower employment, deteriorated income distribution, high level of food imports as domestic demand is not met, and lower level of growth. Therefore, countries required to implement more basic need oriented strategies. The rising foreign exchange constraints, and the serious liquidity problems, least developed countries faced, as they moved towards more export promoting strategies, following the export-led growth hypothesis, newly renewed export passimism (Adelman, 1984). As empirical evidence, causality tests between export and groth conducted by Jung and Marshall (1985) on 37 countries should be addressed. In this empirical study, countries as many as South Africa, Korea, Pakistan, Israel, Bolivia and Peru did not show significantly positive relationship between export and growth. Rather these countries showed export reducing growth, which is the other way around. If these countries implements export promoting trade strategy, the countries will experience crippled economy and lower growth. Countries such as Iran, Kenya and Thailand are in favor of internally generated growth, and in the process of successfully implement export promoting growth policy (Jung, 1985). Looking at the above results, countries therefore, support import substitution as a pro-agricultural trade policy (Adelman, 1984). Countries are also adviced to move towards ADLI strategy in this stage. It may not be favorable for countries to immediately implement export promoting trade strategies, hoping to yield benefits of export-led growth hypthesis. In the primary stage, countries require import substitution policies, to develop intra-indistrial skills, economies of scale, and a trade base to a minimum level. The level in between is a complementary stage between import substitution and export promotion. Countries as India, Malaysia, Bangldesh in South east Asian region, followed import substitution for longer period until they believed to reach the minimum level, before these countries can move towards outward-oriented policies and introduced trade openness, and enjoyed the benefits of export-led-growth. For many countries mentioned above, steps taken in an earlier phase, have backfired. Therefore, the controversies to export led growth is as prevailent as the support toward the hypothesis. 3.4. Empirics on export led-growth and trade liberalization in the context of Bangladesh As one of Asias growing power house economy, The export-led growth hypothesis has been examined in the context of Bangladesh, in many empirical literaures. Among the newly conducted researches, conintegration analyses, vector error correction models, explained many important variables such as manufacturing exports, investment capital to the total exports and growth. This part will briefly review the studies conducted in the context of Bangladesh. Since its independence, Bangladesh embarked in a import substitution trade policy; following the ideology that a pro-agricultural society should be motivated to develop intra-industry to achieve economies of scale (Adelman, 1984). The mounting foreign debt, instable political condition, low productivity and growth, lower national income, did not allow the country to achieve its economic objective. Therefore, the country had to convert its inward looking policies, towards more outward looking policy, and adopted export promoting trade policy in 1982. Many structural adjustments were adviced by world bank and international monetary fund. The country went under furth