A Reflection Paper on Argentina's Economic Crisis.
With Argentina mired in its largest economic crisis in history, a proposed devaluation of the currency that for 10 years has been Latin America's strongest was given an approval by the Argentine Congress allowing the government to sharply devalue the currency in the midst of a deepening economic crisis due to the default on its $142 billion national debt which ended the country's 11 years old peg of the peso to the US dollar. Argentina embraced US-style capitalism and adopted US-backed economic reform in the 1990s in the form of a fixed-currency system and unbridled free-market policies. An exchange rate of one-to-one with the dollar had been fixed by the law and every peso from the central bank was backed by a dollar of liquid assets like US treasury notes. The country was invaded by American and European capital investing in Mega-Stores and only a few affluent ones could afford the fruits of globalization through education and employment. Argentina needs a large scale international monetary aid and must develop an endurable economic plan in order to take proper fiscal and monetary measures to come out of the recession and the economic quagmire it has entrapped itself in. The IMF and US have set a number of conditions in order to enable Argentina to qualify for such international loans such as overhauling its tax system, fixing the problem of provincial overspending, letting the peso float freely in the international market, adopting anti-inflationary monetary policy, a plan for lifting a freeze on foreign financial transactions, a concrete measure that its banking systems must continue to work etc.
In the 1920's, 30's, and 40's ,as Sylvia Herrera discussed in her dissertation, "some pasillo Ecuadorian composers composed mainly of Francisco Paredes Herrera , Christopher Ojeda, Carlos Brito Benavides, Gonzalo Vera Santos, etc. were recorded in Mexico , Cuba and Argentina by foreign singers "( cite). ...
Although not a recent phenomenon, globalization has been described by ' 'Going Global: Key questions for the 21st Century'' as the "buzzword for our time". During recent years the process has demonstrated significant progression and with both an increase in technological advancements and ...
Sexuality is an intricate subject. Besides being associated with social unacceptance, it is still among the great secrets of human development. We are more willing to explore the issues, gay or straight. Our present culture has focused on representing gay and lesbian characters in television, magazines, as well as theatre. "We realize that some people may be uncomfortable with the topic of homosexuality however, dance, like all other art forms, is often more accepting of different lifestyles than is society" (Hamilton, 1999). ...
Income Inequality and poverty In almost every household that has turned on their televisions have seen one of the commercials that are advertising for people to send money to sponsor a child. In sponsoring the child you will be helping to clothe, feed, educate and pay for medical needs. Not on...
BUT THEY WERE NOT WORTHY TO RECEIVE IT BECAUSE OF THEIR SINS- " AND I HAVE GIVEN THEE FOR A COVENANT OF THE PEOPLE, FOR A LIGHT TO THE GENTILES, TO OPEN THE EYES OF THE BLIND, AND TO BRING FORTH FROM THEIR FATHERS THOSE THAT ARE BOUND AND THOSE THAT SIT IN DARKNESS OUT OF THE PRISON HOUSE- ("Epistle of Barnabas") I believe the letter of Barnabas are a reflection of Exodus 32. ...
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