Analyse the performance of the components (C, I, G & NX) of Australias Essay

Analyse the performance of the components (C, I, G & NX) of Australias GDP since 2005 - Essay Example In the following table the estimates of different components are represented quarter-wise. The data covers the time period from the first quarter of 2005 and the final quarter of 2008. Here the five components are given. The components are: private consumption expenditure, gross private investment, inventory investment and the net export (obtained by subtracting the import from the export of the corresponding year). Private investment is obtained by summing up dwelling investment, buildings and structures investment, equipment investment and other investments. The inventory investment is obtained by summing up private non-firm inventories and other inventories. In the above figure we can show the rate of consumption growth over different quarters from 2005 March to 2008 December. The growth reached highest in December 2006 and in June 2008 the growth rate in consumption became negative. That implies a decline in consumption. That is perhaps due to the recession due to the global credit crisis. Further the consumption growth revived in the next quarter and then again it showed a decline in the last quarter of 2008. In the above diagram the trend of the growth of private investment is shown quarter-wise from the first quarter of 2005 to last quarter of 2008. It is found that the private investment became negative in March 2006 and the growth rate became lower than -1% in September 2006. In the next two quarters there had been a sharp rise in the private investment and again it started to decline sharply till December 2007. In the first two quarters there was a rise in growth rate of private investment and again it declined in the last two quarters of the year 2008 i.e. that is the period of global recession. The above table shows that since the first quarter of the year 2007 Australia has been facing balance of trade crisis. The situation has improved little in the last quarter of the year 2008. That was due to the global

Sociology- Egoistic Suicide Research Paper Example | Topics and Well Written Essays - 1000 words

Sociology- Egoistic Suicide - Research Paper Example The sociologist’s contribution to our understanding of suicide â€Å"is the relationship between society and the person who commits suicide† (Holmes & Holmes 25). According to Durkheim, egoistic suicide is illustrated by the â€Å"greater rate of suicide among modern individuals in the liberal, more educated, more well-to-do classes† (Lemert 46). This type of suicide is caused not by knowledge and education itself, but by the individual becoming too individualistic as a result of modern society’s failure to integrate the individual and provide moral protection. Egoistic suicide is sometimes the outcome of a person no longer finding a basis for existence in life. Thesis Statement: The purpose of this paper is to examine Durkheim’s theory of egoistic suicide, identify the similarities and differences between egoistic suicide and other types of suicide, and discuss Durkheim’s theory on the rates of egoistic suicides. Emile Durkheim’s Theo ry of Egoistic Suicide In Durkheim’s (1951) book on suicide, the sociologist delineated the fundamental differences in rates and types of suicide between traditional and modern societies (Appelrouth & Edles 111). Egoistic suicide results from a pathological weakening of the bonds between an individual and the social group. According to Durkheim’s theory, the two explanatory variables are integration and regulation. In societies where integration is low egoistic suicide results; when integration is high altruistic suicide results; when regulation is low anomic suicide results; and when regulation is high fatalistic suicide results† (Breault & Barkey 321). The extent of regulation in society depends on the extent of its control on the emotions and motivations of individual members. Breault & Barkey (p.321) conducted a comparative cross-national test of Durkheim’s theory of egoistic suicide involving indicators of religious, family, and political integration; while excluding the theory of regulation. The results of the study showed that the relationships between religious integration and suicide, family integration and suicide, and between political integration and suicide are inversely proportional. Further, the relationships between the independent and dependent variables are strong and very significant. Together, the researchers’ indicators of relgious, family and political integration explain about 76 percent of the variation in international rates of suicide. Egoistic Suicide in Relation to the other Types of Suicide A similarity between anomic and egoistic suicide is that both spring from the individual’s inadequate engagement with society. In egoistic suicide there is a lack of interactions in society and collective or group activity in the person’s life, thereby causing an emptiness deprived of purpose and meaning. However, in anomic suicide, society’s influence on controlling an individual’s p assions is lacking, causing an absence of a check-rein (Lemert 47). Thus, in egoistic suicide life may have been unbearable because of excessive self-discipline, while in anomic suicide life may have been unbearable due to inadequate self-discipline (Broom & Selznick 30). Similarly, there is both likeness and difference between egoistic and fatalistic suicide, because in both types one of the components is a lack of integration with society as a result of which life becomes devoid of meaning. However, in fatalistic suicide the person suffers a trapped feeling, and believes there is no escape (Lemert 47). In egoistic suicide there is no cause the individual dies for, the most important factor is the individual. This person