Effects of Age on Economic Growth

Effects of Age on Economic Growth 1.0 LITERATURE REVIEW People today, live longer and often healthier lives owing to advances in various areas. It is a challenge to maintain and plan longer lives. Societal ageing hampers economic growth and issues such as sustainability of families, the states and communities capacity to provide for older people. A quick look at the recent decline in fertility rates combined with increases in life expectancy and strong evolution from past fluctuations in birth and death rates depicts a really significant shift in the global age structure. So much so that by 2050, twenty two percent of the worlds population will be over the age of 60 or a figure reaching almost 2 billion compared to expectations for year 2020 of 1 billion. As for citizens aged 80 or above, statistics predict an increase from 1 to 4 percent. It is undeniable that a countrys economic character will tend to change as its population ages since different age groups have different economic needs and productive capabilities. These changes can be measured by assuming a certain age-specific behaviour in relation to earnings, employment and savings and to assess the implications of modifications in the relative size of different age groups for these main contributors to the national income. However this tends to be misleading in the long run. Normally, changing expectations about life cycle and demographic shifts are likely to entail behavioural changes and thereby influencing economic consequences of ageing. One good example is an individual who expects to live longer than his ancestors who will continue to work for longer and therefore start benefiting his savings at a later age. 2.0 WORLD AGEING SITUATION Rapid reduction in infant mortality rates coupled with a dynamic fall in the death rate has resulted in a sharp rise in the proportion of older people in the population. This phenomenon of ageing population is fast becoming a worldwide problem. In 1950 there were about 200 million people above 60 years old in the world. This figure has risen some 616 million in the year 2000 and is expected to rise to 1.2 billion in 2025. A majority of them, about 72% of the total, will be living in developing countries. The projections indicate that the demographic transition will proceed much more rapidly in developing countries than it did previously in developed ones. The continuing fertility decline in many developing countries today is faster than the gradual decline experienced by the currently developed countries. In the developing countries, therefore, the pace of population ageing will exceed the pace in the developed countries. For example, it took France and Belgium more than 100 years to double the rate of the population over 60 from 9% to 18%. In Mauritius, the same change will occur in only 25 years. 3.0 Mortality and Life Expectancy We are ageing not just as individuals or communities but as a world. There were almost 500 million People aged 65 and above across the world in 2006 and that number is likely to reach 1 billion by 2030. An increase in the ageing population is more significant in developing countries, which is expected to rise to 140 percent by 2030. For the first time in human history, children under age 5 will be outnumbered by people age 65 and over. Life expectancy is steadily rising and the number of oldest people aged 85 and over is increasing. Chronic non communicable diseases are now becoming the main cause of death among elderly in both developed and developing countries. Some populations are going to shrink in the next decades. In some countries, the total population is decreasing simultaneously with the increase of an ageing world population. The growth of a very old population can have the following implications: 1. Retirement money and pensions will have to cover a longer period of life. 2. Even if disability rates decrease, health care costs are going to rise. PROJECTED INCREASE IN GLOBAL POPULATION BETWEEN 2005 AND 2030, BY AGE 4.0 THE ECONOMIC AND FINANCIAL CONSEQUENCES OF POPULATION AGEING 4.1 The importance of age structure. Economic growth may be influenced by changes in population age structure. To analyse age structure, a life-cycle perspective is adopted, based on peoples economic needs and contributions during the various stages of life. The ratio of consumption to production is higher for the young and old people and lower for working adults. The key drivers of economic growth such as labour, productivity, consumption and savings vary according to where people fall in the life cycle. Labour and savings are higher among working adults than among those aged above 60. Declining fertility and mortality rates during the past four decades have significantly changed the age structure of the population. There will be a 23% increase in the proportion of the elderly population. The proportion of the population aged under 15 is expected to decline to 19% in the next four decades. The population of the Republic of Mauritius will continue to age. Both past and projected ageing is illustrated in Table 2. The elderly population will triple in the next four decades to attain 332,000 with more women (184,000) than men (148,000). Table 1 presents a summary of the projections and gives the evolution of the pensioner support ratio for two cases, i.e age of retirement is 60 and 65 years. Table 2 gives the evolution of the life expectancy. Life expectancy was quite low in 1950 compared to the present level. Life expectancy has significantly improved over the past fifty years and is expected to improve further in the future. 4.2 Social Security Benefits Social Security benefits and public sector pensions are among the sectors that will certainly be affected by the ageing issue. Nowadays, the composition of social security benefits is two-fold, non contributory and contributory. Basic retirement pensions of the elderly and the elderly invalids irrespective of their economic status are non-contributory benefits wholly financed by government. The actuarial report on the National Pensions Fund has drawn attention to the fact that future increases in the number of pensioners will make the financing of basic retirement pensions an increasing burden on resources. The cost of basic retirement pensions rose sharply from about Rs 2.3 billion in 1999/2000 and is estimated to be Rs 3.5 billion in 2015 and Rs 6.4 billion in 2035. Examination of the implications of the projected strain on government resources is therefore becoming a high priority. Assuming that the rate of basic pension remains more or less the same, it should be noted that an in crease in pension age from 60 to 65 would lead to significant saving to the government in respect of basic pensions. Tax revenues may also increase as a result of employment continuing between ages 60 and 65 but there would be no financial impact on the NPF as a result of these changes. Welfare services such as long term care and any payment (other than from the NPF) to the elderly out of the state budget which are likely to increase faster than GDP in future are other examples of financial implications of ageing on state budgets. The ageing of the population will increase the financial strain on the state budget in future as follows: Basic pension expenditure (all of which is financed by general taxation) is projected to increase by 75% in some twenty years and to almost triple by 2040 if present pension rates are maintained. Expenditure from the NPF is projected to exceed contribution income by 2015. Part of the NPF expenditure will need to be met by investment income, most of which is derived from Government bonds or loans. In the absence of corrective measures, the investment income required to meet NPF expenditure would be derived largely from taxation. Expenditure on public service pensions is projected to increase by about 80% in real terms over the next 20 years, that is , from about 11/4% to 21/4% of GDP; Expenditure on healthcare and social services for the elderly can also be expected to increase substantially over the same period. To ensure that the state pension system remain financially sustainable in future, many countries are increasing the minimum state pension age. In Mauritius, the expectation of life at age 60 is significantly higher than when the current pension system was introduced. There has also been improvement in the health of the retired population aged 60 above, thereby enabling many of them to continue to work. Provided they have sufficient financial resources many people might decide to retire from their main occupation before the state pension age. In these cases it seems reasonable that the individuals or their employers finance the early retirement. 4.3 BUDGETARY MEASURES In his budget speech 2011, the Minister of Finance commented all our elders deserve to live in dignity. The wealth we are creating today, the prosperity we are enjoying also bear the indelible footprints of their hard work. They must get their fair share. The government of Mauritius is preparing for the challenges of an ageing population and ramp up its support for our seniors. The Mauritian population is ageing .It is a new trend with new implications for economic and social policies. The government must provide for the changing needs such as new patterns of consumption and greater demand for health care. The government wants to make of Mauritius a society that can allow its elderly to live the high quality of life that they deserve. It is essential that Mauritius is on top of the issues of an ageing population and formulate effective policies. The second measure relates to health care for the elderly. A carers strategy and Action Plan will be prepared to address all issues relating to the need of our elderly population for carers Services. Third, the NEF will leverage on the high level of women seeking employment to train women in the skills and knowledge required to give care to elderly people. The training will provide certification and allow them to register as professional carers with the Ministry of Social Security and be given a certified carer ID. Fourth, the Cite des Metiers will open a section dedicated to facilitate our seniors in their search for carers and other services. Fifth, a new recreational centre for elderly, costing Rs 120 million and with a swimming pool, will soon be inaugurated at Belle Mare. Recreational centres are being constructed at Pointe aux Piments and at Riambel. Sixth, a get together Programme is being set up to give our elders who live alone and are on social aid the opportunity to socialize around a hot meal once weekly. Seventh, the government is extending the additional monthly allowance for persons suffering from incontinence to bed-ridden beneficiaries of Basic Retirement Pension aged 75 years and above. Eighth, to protect more the seniors from normal and regular flu outbreaks and from pandemics such as the HINI virus, free vaccinations against flu are being extended to our elders aged 60 years and above. Ninth, the government will invest in two low floor buses for senior citizens for outings from the recreation centres at Belle Mare and Pointe aux sables. Tenth, government is increasing the amount of income tax exemption for lump-sum on retirement and severance from Rs 1 million to Rs 1.5 million. For elders who have toiled hard in the sugar industry, the government is amending the Sugar Industry Pension Fund Act to allow payment of benefits to exceed two-thirds of final salary. 4.4 Accounting Effects If age-specific behavior in respect of labour supply and savings were fixed, labour supply and savings per capita would decrease with a rising elderly share of the population. Keeping all other factors such as productivity and migration equal, this would imply lower growth in income per capita. Peter Peterson (1999), argued that, global ageing could trigger a crisis that engulfs the world economy and may even threaten democracy itself. Alan Greenspan (2003), former U.S Federal Reserve Chairman has stated that ageing in the United States makes our social security and Medicare programs unsustainable in the long run. The European Unions Economic Policy Committee (2010) is more measured in its assessment of the threat: The ageing of the population is becoming a growing challenge to the sustainability of public finances in the EU Member States. The increase of the ratio between the number of retirees and the number of workers will gradually increase expenditure on public pensions and health and thus creates difficulties on maintaining a sound balance between future public expenditure and tax revenues. The retirement of baby boomers and the increase in the share of elderly in the population will create economic and fiscal stresses on the second decade of the 21st century. These demographic developments, if not offset by changes in household behavior and government fiscal policy, will reduce the number of workers in relation to the population needing support and lower the national saving rate. The result will be slower growth in national income and consumption after 2010. Aging-related expenditures are one of the fastest growing components of government expenditures. Over the next 40 years, the share of working adults will decline from 59 percent of the population to about 56 percent. The share of older adults (65 and over) will increase from just over 12 percent to almost 21 percent of the population. The higher costs of supporting these retirees will be offset partially by lower costs of supporting children, as the share of the population age 19 and under will drop from 29 percent to just over 23 percent 4.5 Future Labour supply After 2010 the population between ages 20 and 64 will decline and the percentage of people over age 65 will increase dramatically. These changes reflect the short run effect of the ageing of baby boomers while the long-run effect of reduced fertility and increased life expectancy. If labour force participation rates in each age group remain the same, the ratio of workers to retirees will decline sharply between 2010 and 2030. A decrease in the share of workers in the population means that, if all else remains the same, output per capita and living standards will be lower than they otherwise would have been if the share of workers had remained stable. The change in age composition of the population will reduce the share of workers and increase the share of dependent elderly. The increase in experience associated with an older workforce will raise average earnings and productivity per worker. With better health and increased life expectancies, one can expect individuals to work longer. As shown in Bloom, Canning, Mansfield and Moore (2007), the response to rising life expectancy is to increase the number of working years and the number of years in retirement proportionately, without changing period-specific saving behaviour. While a large set of factors such as increasing demand for leisure, general increases in wealth and difficult labour markets have contributed to low labour force participation among the elderly, social security systems have undoubtedly been a key reason for the continued low labour force participation among the elderly. Even if individuals decide not to work longer, increased life expectancies can be expected to induce increased savings over the working life in order to finance a continued high standard of life in retirement. As the elderly are healthier, they can work longer and more productively and place fewer demands on public resources. Businesse s can play a role in encouraging older workers to continue working, and they can in turn benefit from such workers experience and reliability. Allowing flexible schedules, offering ongoing training in new skills, providing wellness programmes, and re-allocating physically demanding tasks to younger workers are measures that can help retain the older segment of the workforce. 4.6 Consequences for Living Standards Labour supply adequacy is one factor influencing standard of living of the population. It refers to the ratio of the quality-adjusted workforce to the total consumption needs of the population. But not all people have equal consumption needs. For example, the government spends much more per capita on the over-65 population than it does on other age groups. Demographic trends will have adverse effects on economic growth after 2010, due in large part to the slowdown in the growth of the workforce and the increase in spending on age-related government transfers. But the effects do not appear to be catastrophic. The economy will continue to grow, even at a slower rate. Capital will increase considerably, even though lower national savings rate, as a smaller workforce requires less capital. Individual and population ageing are not gender neutral. Womens entitlement to goods and services over time is closely related to their work history, pension, property and inheritance rights. Old women generally occupy a precarious economic position, as they have accumulated fewer financial reserves than men, have fewer assets of their own and, more often than not, experience a weakening of their control over the family assets with the death of the husband. Poverty is a real threat to women as they get older. It is therefore imperative that any financial and social scheme developed to care for an ageing population should include targeted policies for the support of the elderly women. 4.7 Theories of Saving One of the most important theories of saving is the life-cycle model (LCM), which predicts that people will save in order to translate their fluctuating levels of income into smooth paths of consumption. Consumption implies that households borrow when young, save when middle-aged, and spend savings, or dissave, when old. The life-cycle Model assumes that people by death would have consumed all their wealth and that people have unlimited access to capital markets at a single interest rate paid by borrowers or received by savers. Given these assumptions, the pure LCM implies pronounced differences in annual saving rates by age, with consumption fluctuating with changes in permanent income but not transitory income. The private sector of the economy will account for a larger share of the nations saving in the future. Maintaining private saving in the face of potentially increased public dissaving will be critical for continuing future economic prosperity. While changing demographic may increase private saving, the government should also create appropriate incentives for private saving. 4.8 Influences on Public Savings Public saving is what is left of taxes after subtracting transfers, interest paid on government debt, and government consumption. Public saving is also government investment minus the budget deficit. Future public saving will be affected by the ageing of the population because major government transfer programs-social security and the health programs (Medicare and Medicaid)- disproportionately benefit the elderly. Danziger et al. found that the elderly not only do not dissave to finance their consumption during retirement, they spend less on consumption goods and services than the young at all levels of income. Moreover, the oldest old save the most at a given levels of income. At the same time, while their human capital and private pension wealth is being depleted, especially at the most advanced ages, the elderly face a complex problem of uncertainty about their health, life expectancy, and ability to maintain independent households. In these circumstances, they reduce their consumption to maintain their wealth. The problem of population ageing, which is a consequence of fertility decline, has become the new bÃÆ'Â ªte noire of development, replacing rapid population growth, a consequence of high fertility. It is ironic that population ageing and rapid population growth are two faces of the same coin: fertility. Both population growth and ageing have an adverse effect on savings, it is argued, as the young and the old are more consumers than producers, and thus dependent on the working population. The orthodox debate not only ignores the positive contribution that the old could and do make to the economy, but also fails to recognize the fact that there are other sections of the population, such as the unemployed, who are also supported by the working population. From a long term point of view, however, it is the working age and not just the working population that matters. Keynes and others argued that population ageing would reduce growth via its adverse impact on aggregate demand and inve stment, and not because of a higher tax burden and government expenditure on social security and pensions. The relevance of this approach to the current debate on ageing in its integrated view of the demand and supply or consumption and production implications of population ageing, in contrast to the orthodox approach which is primarily concerned with the consumption effects of ageing. The economic implications of an ageing population are intricately intertwined with the macroeconomic performance of a society over time. At the macro level it is the current output that has to pay for the subsistence of the population, young or old, at working age or retired. The current output, however, depends in part on past savings and investment. In other words the work and savings of the present generation provide subsistence and employment for the present as well as for the future generation. The benefits of growing national income and increased productivity will not, however, be distributed equally among the old whose claim on the national income depends on their accumulated assets, including savings and pensions. An economy which distributes its assets and income unequally over its working age population carries such inequalities into old age, thus creating a differentiated group of old people. This has to be taken into account in the setting up of national pension plans in order to prevent hardship among those old people whose poverty when of working age prevented them from saving for their old age.

Eating disorders and sexual violence Essay

Many neurotic behaviors are a direct consequence of Trauma. Some of the disorders caused by sexual violence trauma include Rape Trauma Syndrome, (PTSD), Obsessive-Compulsive Disorder (OCD), Post Traumatic Stress Disorder, Dissociative Identity Disorder (DID), and eating disorders (ED). Developing an eating disorder such as compulsive over-eating, anorexia or bulimia after going through sexual violence trauma is very common. However, not all sexual abuse and violence victims will develop an eating disorder. It is estimated that almost 30% to 40% of eating disorder patients are survivors of sexual trauma. A person already vulnerable to eating disorders or suffering from bad self image can use a devastating incident like rape or incest as a trigger to develop an eating disorder. There are countless reasons why eating disorders are used as a coping mechanism by persons suffering from sexual trauma. Some develop eating disorders to avoid sexuality. In other cases it is seen as a way to hide anger or frustration and seek the approval of other people. Since they cannot show the anger and resentment directly, they find unhealthy ways like starving or overeating to express themselves. Some abused teenagers might start viewing their body as a source of shame. In their opinion, unhealthy eating is a way of fixing the problem. In stressful situations like divorce of parents, car accident, death of a sibling and especially rape or molestation the victim feels utterly powerless. The person going through mental trauma will find new ways to improve his or her sense of control. Our culture and society place great emphasis on body image. Being thin is equated with maximum control. As a result, majority of victims start avoiding food or limiting intake to dangerous levels. In this way, the victim no longer remains powerless in their life. A commercial that shows unrealistic bodies will keep motivating such a person to indulge in unhealthy eating behavior. When a person remembers a stressful situation they can be driven to eat more than a normal person. Overeating or eating comfort foods that are high caloric foods can calm the body and relieve it from chronic stress. Sometimes sexually abused women and men merge physical or emotional pleasures with terrifying events. A woman who was raped repeatedly by her uncle as a child will show effects of depression and stress in her later life. However, if the woman had no affection shown towards her by members of her family she will start associating the sexual violence with great affection. This confusing association of good with bad makes her starve and harm her body. She feels pride and satisfaction from harming her body. For her, she has secretly accomplished something other cant. Bulimic patients often experience pleasure and pain for a short span of time. The binging alleviates the hunger longing but very soon shame and self-hatred takes over and she is forced to purge her system entirely. Without recognizing and dealing with trauma it is impossible to treat an eating disorder. It is important that cognitive awareness of the patient is increased as part of the treatment. He/She needs to understand the things that can or cannot be controlled in their lives. The most difficult part is making the patient realize that pain and pleasure are separate experiences that do not need to be subsequently followed by one or the other.

In the films you have studied to what extent do you find Lady Macbeth to be a fourth witch? Essay

Roman Polanski’s version of Macbeth was staged in 1971, Macbeth was played by Jon Finch and Lady Macbeth was played by Francesca Annis. The BBC production was staged in 1982, Macbeth was played by Nicol Williamson and Lady Macbeth was played by Jane Lapotaire. The Royal Shakespeare Production was staged in 1978, Macbeth played by Ian McKellen and Lady Macbeth played by Judy Dench. In Polanski’s production Lady Macbeth was first introduced at the start of Act one Scene five, when she receives a letter from Macbeth unveiling the prophesies from the witches. Her costume is Shakespearean in period, in keeping with the time the play was written and it is bright and colourful. Polanski interprets Lady Macbeth to be a young and beautiful lady and also she is shown frail and innocent; for example, at the last speech of act one scene five, Lady Macbeth calls evil spirits to possess her body. This is a very dramatic and powerful speech but yet she talks faintly. Apart from Francesca Annis in my opinion acting out this speech poorly, Polanski leaves out a vital part of this speech: â€Å"Nor keep peace between Th’effect and it. Come to my woman’s breasts, And take my milk for gall, you murth’ ring ministers, Whatever, in your sightless substances, You wait on Nature’s mischief.† I feel this was a great mistake by Polanski. This scene was shown as if it had no importance; it was rushed through, not giving a true affect on the audience. Lady Macbeth through this speech is running down the stairs to meet Duncan, this doesn’t show that she is serious in calling evil spirits which I think Shakespeare intended it to be. Lady Macbeth’s witch like character is first shown in this speech as she blocks out the good and calls up the spirits of evil. In the BBC production Lady Macbeth’s appearance is different to Polanski’s version, as she has dark hair and seems more powerful and thick skinned, and although their costumes are from the same period Jane Lapotaires are much duller and less decorative. At the end of this scene when Lady Macbeth calls on evil, Jane Lapotiare plays her with passion and shows that Lady Macbeth beyond doubt wants what she is praying and truly shows Lady Macbeth as a fourth witch. The point made in Lady Macbeth’s speech about her ‘unsex’-ing and her ‘woman’s breasts no longer being used for milk but for murder shows us to what extent she has to suppress the feminine side of her nature. In this production they did not in my view ruin this speech by omitting half of it like Polanski; the speech was given great importance to the play. Also the BBC production staged a middle aged woman of 38 for Lady Macbeth rather than a younger woman of 27 like Polanski. I believe this was a very good idea as it makes Lady Macbeth more eager for her husband’s ambitions as it suggests through the play that Lady Macbeth had a child but lost it and now was unable to have children. It was imperative in Shakespeare’s time that you had at least one child to carry on the family name, I think this would drive Lady Macbeth more to want her husbands happiness as she was unable to give it to him through children. In the Royal Shakespeare production Lady Macbeth’s appearance is very different from the two other films I have studied. Lady Macbeth looks a lot older. Also Judy Dench’s costume is very distinct compared to the other two costumes, she wears a black dress and black head scarf and her speeches are made more prominent by a spot light focused on her face. I believe this has the best effect of the three plays as you can truly focus on the words of Shakespeare, In Polanski’s version I could not keep Shakespeare’s words the centre of my attention as there was so much going on in the background. In Act one scene seven Lady Macbeth tries to persuade Macbeth to murder Duncan. In Polanski’s version this scene is set very near the Banquet for Duncan, I think this was a wrong decision as there was no focus on the scene itself, Polanski has a habit of doing this though out the play. When Lady Macbeth is debating with Macbeth to do this deed she starts to weep. I feel this was a good input to the play as it shows a human side to Lady Macbeth. A great weakness of this scene was the cutting of the speech: â€Å"I have given suck, and know How tender ’tis to love the babe that milks me: I would, while it was smiling in my face, Have pluck’d my nipple from his boneless gums, And dash’d the brains out, had I so sworn As you have done to this.† This part of Lady Macbeth’s speech I believe changed Macbeth’s decision form a definite no to an uncertain yes, and was of absolute importance to the persuasion scene. This scene played by the BBC production had a totally different feel. The start of Lady Macbeth’s speech shows more anger and makes Macbeth look like more of a fool. Lady Macbeth is very controlling and powerful in this production compared to Polanski’s version. Her outlook in this scene shows a fourth witch character as she smirks when Macbeth gives in to her persuasion saying: â€Å"If we should fail?† Also in the Royal Shakespeare production, Judy Dench is the dominant partner in the relationship but in this scene their loving relationship still remains whereas in the BBC production it dies down the end of Act one scene five. In Act two Scene two Lady Macbeth is played well by Francesca Annis, she put on a brave front but also shows a little fear through her eyes whilst saying: â€Å"A little water clears us from this deed† In this scene we get a glimpse of Lady Macbeth’s humanity as she says: â€Å"Had he not resembled my father as he slept, I had done’t .† This sentence might show that Lady Macbeth is not a fourth witch, she is just misunderstood, and she might have wanted this murder of Duncan to happen purely for the ambition of her husband. Lady Macbeth in the BBC production gave a taste to the audience of how scared she was when waiting for her husbands return and I feel she played this scene exceptionally well. In Act five Scene one of Pulaski’s version, Lady Macbeth losing her sanity is shown very well, she is walking around naked rubbing her hands to get imaginary spots out of her hand: â€Å"Out damned spot: out I say† This I feel, is a very good interpretation of the sleepwalking scene. This nude scene of Lady Macbeth also parallels the nude witches in the film. This might suggest that Lady Macbeth is in fact a fourth witch. From the Films and the text of Macbeth I have studied, I have found that Lady Macbeth has many characters: the fourth witch, the ambitious wife, determined, dependant, haunted, misunderstood etc. I think from all the films I have viewed they have had different main characters, Polanski’s Lady Macbeth was misunderstood, The BBC production’s Lady Macbeth was a fourth witch and the Royal Shakespeare Company showed Lady Macbeth to be an ambitious wife. I believe Lady Macbeth was a fourth witch in some ways and also played many other characters. Shakespeare’s intention was to let the audience decide.

Positive Effects of Colonialism - 1311 Words

INTRODUCTION Colonialism is a system in which a state claims sovereignty over territory and people outside its own boundaries; or a system of rule which assumes the right of one people to impose their will upon another. During the nineteenth and twentieth centuries, rich, powerful states, including Britain and other European countries, owned third world colonies. ‘Third world’ originally referred to countries that did not belong to the democratic, industrialized countries of the West (the First World) or the state-socialist, industrializing, Soviet Bloc countries (the Second World). This paper uses specific third world examples to summarize the main positive impacts of nineteenth and twentieth century colonialism, when colonial powers†¦show more content†¦At the same time, the improvements in ships, weapons, clothing, navigation techniques, and now rocketry and underwater techniques, have opened up previously inaccessible regions. With exploration and science inextricably li nked, the motives for exploration took on new forms, sometimes cloaking older commercial or political motives. CONCLUSION In conclusion, I would say despite people arguing that Colonialism was a period of monopoly capitalism, driven by major resource exploitation in the nineteenth and twentieth century’s as colonial powers industrialized, there were positive impacts that have greatly benefited us. We have to agree that they improved our political, economic, social and spiritual lives altogether despite of the overwhelming negative impact of Colonialism. REFFERENCES 1. Sartre, JP and Robert J.C (2003) Colonialism and Neocolonialism.NewYork and London; Routledge.Volume 3(3) 2. Bawa, KS (1992) Colonialism, Rural Poverty and the Use of Forest Resources. Conservation Biology, Volume 6, (3). 3. Bryant, R.L (1997) Beyond the Impasse: The Power of Political Ecology in Third World Environmental Research. 4. Rodney, W (1972) How Europe Developed and Underdeveloped Africa. Bogle-L’Ouverture Publications, Tanzania Publishing House. 5. Brett EA (1973) Colonialism and Underdevelopment in East Africa; The Politics of Economic Change 1919-1939. Heinemann Educational BooksShow MoreRelatedPositive Effects of Colonialism1322 Words   |  6 PagesINTRODUCTION Colonialism is a system in which a state claims sovereignty over territory and people outside its own boundaries; or a system of rule which assumes the right of one people to impose their will upon another. 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The very meaning of colonialism reveals its unwavering ability to bring forth great change in the customs and ways of life of all of the people that it affects. The end result of colonialism has been shown time after time as a society stripped of its native culture and left as a hollow shell of its former ways of living. Colonialis tsRead MoreColonialism And Its Effects On African Americans1241 Words   |  5 Pagesthe African people because they looked different from them as of skin tones. Moreover, Africans had lost all of their rights, along with their freedom as a result. Colonialism has referred to when a country takes over another country in order to replicate their society (Settles and McGaskey, 1996, p. 6). In other words, colonialism is the expansion of a territory. It is the exploitation of a territory and the territory being colonized has no say in the matter and in history for most of the timeRead MoreNegative Effects Of Colonialism1706 Words   |  7 PagesColonialism: noun, a word meaning to take complete control over another country, influence its culture, and exploit it economically for the colonizing countries benefit. The very meaning of colonialism reveals its unwavering ability to bring forth great change in the customs and ways of life of all of the people that it affects. The end result of colonialism has been shown time after time as a society stripped of its native culture and left as a hollow shell of its former ways of living. ColonialistsRead MoreNegative Effects Of Colonialism1445 Words   |  6 Pagesbeen developed to justif y and outline the impact of colonialism on various communities across the world. Some of these postcolonial studies contend that colonialism brought civilization to minority communities in the form of formal education, improved technology, religion, improved infrastructure, and increased trade. Although economic growth and political stability were the outcomes of European imperialism in Native territories, these positive effects are outweighed by the massive loss of lives, widespread