Effectiveness of Project finance in wealthy countries Research Paper

Effectiveness of Project pay in wealthy countries - Research Paper ExampleQatari oil and natural swagger militia are over 15 billion barrels and 26 trillion cubic metres respectively. Oil and gas revenue account for over 50 percent of its total GDP and 70 percent of totally government revenues. Over 85 percent of all export earnings are from gas and oil. In fact, Qatar is the largest exporter of Liquefied natural gas (LNG). It is also the third largest verdant after Russia and Iran with largest gas deposits. In addition, Qatar relies heavy on foreign labour.Since oil and gas were discovered and extraction commenced in the 1950s, Qatars economy has go through high real gross domestic product growth rate each year. According to Blanchard, the country recorded 16 percent real gross domestic growth rate in 20102. Qatar is superstar of the richest countries in the world and has the highest per capita income in the Arab world. The GDP and per capita income was $128 billion and $67, 000 in 2010 respectively. In addition, Qatari citizens and residents enjoy high standard of living as compared to most countries in the world. Oil and gas sector generated over 70 percent revenues to the exchequer and the government does not levy income tax on all its citizens. According to CIA, the calculate revenues and expenditures were estimated to be $47.32 billion and $31.61 billion respectively in 20103. Qatar has one of the lowest tax rates in the world, a situation that has attracted direct foreign investment. Furthermore, the country can grant tax exception for somewhat 12 years.Although economic growth and development is largely attributed to proceeds from huge deposits of oil and gas, the government has create political, social, economic policies that promoted high levels of governance and transparency reduced business process bureaucracies and improve political stability, devising it one of the stable Arab states in spite of political turmoil in neighboring Arab st ates. Economist, the World cuss and Transparency international have

Reflection on christianity Essay Example | Topics and Well Written Essays - 250 words

Reflection on christianity - Essay ExampleLoving the Lord perfection with all the heart, mind and soul is expounded in the law given to Moses where people are supposed to enjoy God first and foremost. Making graven images for people to worship is an act of dishonor to the God who do all things therefore, God commanded against it. Moreover, God teaches the people not to dishonor Him with their words but to praise Him with their lips preferably and also to follow his footsteps, resting on theThe second greatest commandment on the separate hand encompasses the some former(a) commandments in the Law of Moses. It instructs the people how they are supposed to show their love and respect to each other by not murdering, slandering, nor committing adultery. The commandments do not just mention respecting people but it also tells them to tenderness what they own with respect by not coveting their neighbors house, wife, menservants and maidservants as well as his other belongings. Since undoubtedly, every wiz would want to be loved, the second commandment simply says to love other people as one would love

Virtual Training Essay Example | Topics and Well Written Essays - 250 words

Virtual Training - Essay ExampleAccording to the discussion virtual breeding emulates a traditional operating theatre, including surgical lighting and a microscope. During prepare, surgeons receive prompt, realistic and immediate feedback regarding their scent out of force and touch in using various instruments. Significant financial resources are required to follow out a virtual training program, and this makes it very high-priced (Lee 2003, p.268). Apart from this, since technology changes every day, it would be expensive to keep up with such changes. For example, acquisition and implementation of the latest technologies would be very costly. Another injury is that virtual training essentially depends on the character, ability and attitude of the student/trainee to the technology. Students or trainees who have a negative attitude towards technology or are not confident in their technological skills whitethorn perform poorly. Through positive and extensive collaboration in area s of information technology and training, virtual training may become much more effective in the future. Apart from this, there is the possibility of incorporate good learning principles and management support into the virtual training that program these supplement and complement a particular organizations infrastructure and technological capabilities. In addition to this, it has been established that needs assessment, evaluation, visualise and transfer will be very critical in the future of virtual training.

Research & Analysis Study of Balfour Beatty plc Business and Essay

Research & Analysis Study of Balfour Beatty plc Business and agonistic Environment - Essay ExampleThe company made good progress in the building domain in 2006. Heery, a leading architectural, engineering and programme worry business, represents Balfour Beattys business interests in USA.Balfour Beattys Civil and specializer Engineering and run division, with revenues of 1,920m and 10,455 employees, specializes in engineering, design and management run provider in civil, transport, energy and piss sectors in UK, USA, Hong Kong and Middle East. It has a leading market presence in specialised engineering services like overhead transmission lines, gas and water utility contracting and in passage management and maintenance resulting in profit from operations tripled to 49m in 2005. The company with strong orders and a number of ample contracts under their belt gained growth momentum in 2006 in the engineering sector.Balfour Beattys Rail Engineering and Services division, with rev enues of 766m and 5,922 employees, specializes in designing, constructing, equipping, maintaining and renewal of rail assets and systems in UK, USA, Germany, Italy and Portugal. The profit from operations in these services fell by 27% to 32m in 2005. This was a result of full year without maintenance and tighter market in UK and well-nigh losses in the US. 2006 saw some progress due to increase in efficiency and improve project volume in London Underground, Germany and Italy. Balfour Beatty Rail Inc has been restructured into a single organisation, headquartered in Jacksonville, Florida, USA. The organisation has shown demonstrable growth in recent years with strategic acquisitions in the US and Germany.Balfour Beattys Investments and Developments division, with revenues of 465m and only 136 employees promotes, manages and invests in privately funded infrastructure projects and developments in selected sectors in the UK and overseas, through its operating company Balfour Beatty Capital, established in 1997. Balfour Beattys is currently conducting uvulopalatopharyngoplasty/PFI projects in two principal sectors such as infrastructure (comprising transportation, power and waste water treatment) and accommodation (including health and education). It showed 20m profit from operations in 2005. Balfour Beattys Other Service SegmentsBalfour Beatty holds 20% share in the Metronet consortium, a 30-year PPP project responsible for upgrading and maintaining two thirds of London Undergrounds infrastructure like trains, stations, signalling, track, tunnels and bridges. Balfour Beatty also has four DBFO (design-build-finance-operate) road concessions.Balfour Beatty is provider of a range of Healthcare services to major UK hospital schemes in London, Edinburgh, Durham and Blackburn providing a total of over 2,500 beds. Through Consort Healthcare, Balfour Beatty is also appointed preferred bidder for 521m PPP contracts in Birmingham slap-up and Adult Psychiatric Hospital s and 250m Pinderfields and Pontefract hospitals.Balfour Beatty operates the largest grouped schools scheme in England called the understand Schools Stoke concession covering 98 schools since 2000. The Rotherham Schools started in 2003, was awarded Best Community Use Project in 2005 in the PPP/PFI Journal Awards. The Transform scheme built and maintained 21

Alcatel-Lucent mobile Wallet case study Example | Topics and Well Written Essays - 750 words

Alcatel-Lucent alert Wallet - Case Study ExampleThis provides the drug substance abuser with less friction when using bitcoin in daily transactions.In a case where a users pocket edition has been tampered with, the user can create a rude(a) vault and considering that vaults and wallets are paired, this new empty vault invalidates the old wallet. One of the main(prenominal) benefits of this system is that it allows a user to separate their savings from their day-to-day spending. Additionally, the system enables such a user to carry those daily transactions with less friction.The mobile wallet from Alcatel-Lucent equally provides banking services to both developed and developing countries. In developed countries, person-to-person capital transfer necessitates the use of this service. On the other hand, underdeveloped banking networks in developing countries have led to galore(postnominal) people turning to this service. Despite having tremendous benefits to developing countries, Alcatel-Lucent mobile wallet has been applied more in developed countries. According to Anthony Belpaire, the managing director of Alcatel-Lucent mobile wallet, there are tremendous opportunities for consumers using this service in developed countries (Chaki et al 2011, p.221). Most people in these countries have mobile phones which makes the use of mobile wallet possible to most people in these countries.One of the challenges of decentralized electronic currency systems is managing the various subsystems of the main system to ensure that users can transfer currencies. There is also the risk of losing an electronic device that holds a key to these funds. This may imply losing all the money associated with that device. In order to solve this challenge, fixed-access scenarios have been created to honest electronic devices. This involves encryption and decryption of a disk file paired with a backup of the entropy stored in the disk file.PEST is a tool used by businesses to analyze t he political, economic, socio-cultural and technological changes in a business. Porters five

CAPM Essay Example | Topics and Well Written Essays - 1500 words

CAPM - Essay ExampleThe CAPM presents partial equilibrium pretence where agents consider the risk free returns and the probability distributions of the future returns on risky assets as being exogenous.In this paper, I seek to give an in-depth understanding of this model by delving into the logic behind it, exploring critiques levelled against it, and explaining why it is be quiet the model of choice in financial analysis. Finally, I give practical examples of its practical application that return evidence of its usefulness and continued use to date.The CAPM is built on the portfolio model that Harry Markowitz (1959) developed. In the model, a portfolio is selected by an investor at time t-1 which at t produces a stochastic return. Investors are assumed to be risk averse and, in their choosing among portfolios, care is only taken on the mean and the variance of their single-period coronation return. This results in investors choosing mean-variance-efficient portfolios, the portfo lios in this case 1) given variance, maximizes returns and 2) given expected returns, minimize portfolio return variance. For this, the approach is referred to as mean-variance model.An algebraic condition is provided by the model on asset weights in portfolios that are mean-variant-efficient. This algebraic argument is turned by the CAPM into a prediction that is testable about the connection between expected returns and risk by identification of an efficient portfolio if asset prices should clear all the assets off the market.To identify a mean-variant-efficient portfolio, Sharpe and Lintner added two all-important(a) assumptions. The first one is complete agreement taking asset prices to clear the market at t-1, it is hold by investors that asset joint distribution returns from t-1 to t. This distribution is taken to be the true distribution, i.e. it provides the distribution freehand returns that we employ in testing the model. Secondly, there is risk-free rate

The African Art Influence on Pablo Picassos Work Research Paper

The African Art Influence on Pablo Picassos bleed - Research Paper ExampleThe paper The African Art Influence on Pablo Picassos make up discusses the elans in which African nontextual matteristic production influenced the art of Pablo Picasso. It also provides examples of his art naturalizes to support this idea. His most famous work of art was the Les Demoiselles d Avignon1907 that portrayed the proto cubist as part of the movement that he had cofounded with Georges Braque. His paintings were astounding military mans of art as he demonstrated his prowess at an early age. The paintings he did carried with them the realistic aspect during his juvenile years. While in Paris, he revolutionized his tact by incepting art expressions by African artists. Picasso described artifacts from Africa as grads that did not represent ideas that existed in the natural world. For him, this was the beginning of an untainted carrier as his works stood higher up those of his rival artists. His s tyle was unique, as he became one of the first artists not to draw influence from the western art. Remarkably, he became the pioneer of the new aesthetic form of communicative art that dwelled on expressions and ideas from Africa. In essence, the European Scramble for Africa aided the growth of African art in France. Traditional art found its way to France through the travels of the Frenchmen across its vast territory as part of their expeditions. Essentially, Pablo first encountered traditional African art at the M utilizee d Ethnographie, which was a museum in central Paris that interred antiques from the African continent. To other scholars and artists, this form of art was primitive2 as the continent had not yet experienced any form westernization. Ironically, Matisse, a French artist also influenced Picasso to majoring in to African art. During one of the dinners at their friend Getrude Stein, Matisse showed Picasso a Congolese piece that he had purchased from a supplier of A frican artifacts who went by the name Emile Heymann3. Picasso could not have enough of the piece that evening, and eventually it led him into making apiece providential by the ar devilrk he had seen. Les Demoiselles d Avignon Les Demoiselles d Avignon became a painting that a French critic viewed as one which had erupted from an ever-blazing fire. For instance, the fire that the critic referred to was the never-ending artistic battle between Matisse and Picasso. By doing the painting, Picasso tried proved to prove to the world that he was unwrap than Matisse was. It was a reply to Matisses painting Le Bonheur de Vivre which he unveiled during an exhibition for the emerging artists. During the exhibition, the spotlight was on him because of the Le Bonheur de Vivre enormous piece that had captured the entire audience. This stirred up emotions in Picassos capitulum as Matisses painting had utilized color and form to create an incredible blend of the two concepts. As a result, Pica sso did Les Demoiselles d Avignon as a counter attack to Matisse. The Les Demoiselles d Avignon painting have-to doe with two stages to complete it. The first stage had the original concept of women at a Barcelonan brothel that which he had visited. The second stage of doing this painting drew inspiration from his visit to the Trocadero museum of African art, which totally revolutionized the idea. He opted to use masklike faces that synchronized with a two dimensional plane instead of the initial attractive females who were nude. The Bakota people from Gabon inspired the figures while the Dan4 people from Ivory Coast

Usage of space in shell Essay Example | Topics and Well Written Essays - 1000 words

Usage of distance in shell - Essay Examplessay aims at examining how the subject Oil phoner has utilized its in operation(p) space, particularly map space, to increase trading operations and profits as a result, in the United States.The exfoliation Oil partnership is a subsidiary business of the Royal Dutch Shell Oil Company, set in the United States. In 2011, the Shell Oil Company submitd a total of about(predicate) 1.3 million feet squared of office space at the One Shell Plaza and the Two Shell Plaza in Houston (Hines, 2011). In the One Shell Plaza Shell Oil Company occupies the largest helping of office space. For instance, on the first floor, the Shell oil company has a small museum which illustrates the companys history. The whole of Shells head office is located at the One Shell Plaza, objet dart most of the early(a) floors serve as corporate offices for the company. The Two Shell Plaza, on the other hand, plays the end of a parking lot as well as other Shell Oi l Company offices.From 2011, the lease is set to expire after 15 years, thus making the Shell Oil Company a tenant at the Hines-owned property for over 55 years. According to Hines (2011), Shell renewed the lease in accordance with the latter companys plan of consolidating more office space at Houston downtown. According to Cook (2012), the lease was the largest office space contract in the world that year. The acquisition of this office space is a significant leap from the 650, 000 square feet that the Royal Dutch Shell started with in 1970 (Cook, 2012). over time, Shell has made progressive steps towards ensuring that there is enough working(a) space for the thousands of people working in the company. In the 1990s, for example, Shell made major renovations to the Shell Plaza buildings aimed at easing operations and maximizing the output of the workforce (Cook, 2012). For instance, modern elevators were installed, electrical and mechanical upgrades were done, and architectural lo bbies were upgraded, in addition to other changes.In 2011, after Shell signed