Situational analysis Research Paper Example | Topics and Well Written Essays - 500 words

Situational analysis - Research Paper Example The restrictions on the market hamper the stimulation for economic activities, which create employment for the nationals of Indonesia. The political impact of the political class of Indonesia is that it fails to reduce the ever-growing rate of unemployment through the supporting of restrictive measures in the development of the nation. The economic state of the country is also a substantial determinant of the employment rate of the nationals of West Papua. The economic growth and development is the government’s obligation. The development creates adequate employment through the jobs the process creates. The economy of Indonesia is also pegged on the international economic status (David, 2012, 65). In this regard, many aspect of the economy contribute to the scourge of unemployment in West Papua. Currency fluctuation of India contributed in the reduction in the economic activities, which provide employment opportunities. According To Eben (2010, 34), the social cultural aspect of Indonesia contributes in the unemployment challenge in the country. The culture of the people of West Papua entails the overreliance on wind energy, which leads to less employment opportunities. In this regard, the youth on the region should invest in other renewable energy sources in order to create entrepreneurial opportunities. The people of west Papua have little time for social gratification. The habit leads to low networking of the populace. Consequently, there is no sharing of knowledge on employment opportunities and entrepreneurial ideas. The rate of unemployment increases because of limitation of innovative ideas on business. Technological stagnation is a challenge for the region. The problem is the proximate cause for the unemployment problem in the region. The stagnation limits the investment opportunities available to the youthful population. Richard (2009, 71) asserts that lack of technological application in industries results in inefficiency and

Why life insurance is or is not appropriate in Islamic countries Research Paper

Why life insurance is or is not appropriate in Islamic countries - Research Paper Example The first one of the view that insurance of any kind is prohibited because it is an agreement based on doubts, it is against God’s commands and insurance business is based on interest. Life insurance is used to cover financial loss happening from death. It is impossible to define life insurance in a single definition as there are different ways to explain it. In simple words life insurance is a tool to safeguard against natural calamities. The aim of every individual is to secure his family from future risks. Every person dreams for prosperous life for his near and dear ones, a bright future for their children and self without depending on others. The life insurance guarantees materializing these aims by paying them in terms of money. There was a time when necessities of life were fulfilled by government or charity organizations. As the population increases the resources are shrinking day by day. World is being governed by man-made laws and lust for power and corruption is multiplying in every walk of life. Basic necessities like food, shelter, education and social services are no more available. Even fresh and unpolluted breathing is no more. It seems difficult to make both ends meet. Individual earning in a family when meets with any misfortune like natural death, Job termination, disability etc than one can imagine how he will cope with all this. Here life insurance is the only option available to avail in this situation. Life insurance is a vast subject if studied it will give you a short- cut to fulfill above mentioned noble commitments. After collecting large sum of money from the public the insurance company with the government’s assistance can run various projects at national level. Through all this government uses this cash for various schemes such as power generation, special education, employment generation etc. In return government pays suitable interest so that public should get their maximum profit at