Friday, February 14, 2020

Multiculturalism Promotes Social Segregation. Discuss Essay

Multiculturalism Promotes Social Segregation. Discuss - Essay Example The third part of the essay will look at the concept of multiculturalism in the context of Britain and France. The paper will try to rationally access the fact as to whether UK is truly a multicultural society and does multiculturalism has some measure of positive relevance for the British society. With respect to France, the paper will look into why the French give no consideration to the concept of multiculturalism and as to why they cherish and encourage citizenship over multiculturalism. As already said, the term multiculturalism has acquired a ubiquitous usage in current times; still the reality is that this term needs to be interpreted in relation to the context in which it is used. The most commonly held belief is that multiculturalism is about the celebration of diverse cultures and about accepting the varied values, social systems and ethnic backgrounds coexisting in a society. To put it simply, multiculturalism is primarily about respecting and accepting differences so as to facilitate social and cultural integration. Well, is this multiculturalism is all about, or is it a convenient term to sideline the segregation heaped on varied sections of a society. Most of the times, people and even experts shudder at the very idea dissecting the term multiculturalism probably fearing that it may give way to some kind of undesirable backlash. Thus, nobody ever dared to arrive at a realistic and viable definition of multiculturalism. However, there are some debates buildi ng up around the ideas of multiculturalism and diversity, the possible fall of multiculturalism, because of it being a pseudo system that promotes segregation, though on the surface it professes to respect cultural, religious and ethnic diversity. It is an attempt to understand multiculturalism as a cacophonous discourse that camouflages the invisibility and isolation existing in the multicultural societies. The report by Parekh (2000) interestingly discusses the concept of multiculturalism in both the British and French context. The central argument of Parekh is that though both the countries are multicultural in a simplistic sense of the word, there exists is a great difference as to the magnitude of acceptance for the concept of multiculturalism in both the nations. France does not acknowledge multiculturalism, but rather encourages and supports citizenship (Parekh 2000). France requires the citizens who are not familiar with the French culture and heritage, to educate themselves about them (Parekh 2000). It is somewhat akin to the German stance; when one considers the recent remarks by Merkel declaring that multiculturalism has failed and it’s time to face this fact. As per Merkel, the concept of multiculturalism was contrived to get people together, but instead it has separated them and has created conflicts amongst groups. Interestingly, Parekh (2000) evinces a great interest in the politics of multiculturalism. The recent political reforms are raising queries as to how varied interest groups tend to manipulate the concept of multiculturalism for their own political gains. The adherents of multiculturalism consider it to be essentially organic and solid, yet they do fail to see its practical implications. They only tend to do so when the conservatives put forth the arguments pertaining to the failure of multiculturalism. Though multiculturalism has to do with respect and humanity, still the truth is that

Saturday, February 1, 2020

Whether China's banking system should integration with the world Essay

Whether China's banking system should integration with the world - Essay Example The capital markets of china are also not accessed much by international investors for gaining profits. The lack integration of the Chinese economy with the world needs to be understood from the view point of the commercial and domestic interests of the nation individually. The priority of the Chinese economy in the past years has not been to be a part of the global economy, instead the focus has remained upon achieving growth and stability, while radically restructuring the overall economy and its sectors. The nation has directed its economic efforts towards developing adequate job opportunities and to be able to absorb layoffs. China’s labour market is quite large in size. The target of the economy has always been to provide adequate level of employment opportunities and maintain the stability of the economy. China has been successful in meeting these challenges adequately. The nation has been able to achieve economic growth of 10% annually. Market forces have been made free and to be able to promote efficiency. Privatization also had facilitated in the rapid restructuring of the economy. Integrating the Chinese economy with the world economy has therefore not been a high priority as China was able to maintain its stability. However, the maturity of the Chinese economy has however made it essential for it to participate in the global economy and sustain its growth. Moreover the Chinese economy possess as an important economic opportunity (Turner, Tan and Sadeghian, 2012). China plays a vital role in the global financial regulatory framework. The nation is a member of the G-20 Financial Services Board and the Basel committee. The Chinese banks and financial institutions have decided to implement the Basel III standards in respect of international bank capital standards from the year 2013 onwards (Lieberthal and Lieberthal, 2003). The implementation has already begun depicting efficient management of financial resources. The