A Brief History of Unctad Essay

The United Nations Conference on Trade and Development (UNCTAD) was built up in 1964 as a changeless intergovernmental body. It is the important organ of the United Nations General Assembly managing exchange, venture, and advancement issues. The organization’s objectives are to â€Å"maximize the exchange, speculation and improvement chances of creating nations and help them in their endeavors to into the world economy on a fair basis.† (from authentic site). The making of the gathering depended on worries of creating nations over the global market, worldwide partnerships, and incredible difference between created countries and creating countries. During the 1970s and 1980s, UNCTAD was firmly connected with the possibility of a New International Economic Order (NIEO). The United Nations Conference on Trade and Development was built up in 1964 so as to give a gathering where the creating nations could examine the issues identifying with their monetary turn of events. UNCTAD developed from the view that current foundations like GATT (presently supplanted by the World Trade Organization, WTO), the International Monetary Fund (IMF), and World Bank were not appropriately composed to deal with the specific issues of creating nations. The essential target of the UNCTAD is to define strategies identifying with all parts of advancement including exchange, help, transport, account and innovation. The Conference customarily meets once in four years. The principal gathering occurred in Geneva in 1964, second in New Delhi in 1968, the third in Santiago in 1972, fourth in Nairobi in 1976, the fifth in Manila in 1979, the 6th in Belgrade in 1983, the seventh in Geneva in 1987, the eighth in Cartagena in 1992 and the ninth at Johannesburg (South Africa)in 1996. The Conference has its changeless secretariat in Geneva. One of the chief accomplishments of UNCTAD has been to consider and execute the Generalized System of Preferences (GSP). It was contended in UNCTAD, that so as to advance fares of produced products from creating nations, it is important to offer extraordinary levy concessions to such fares. Tolerating this contention, the created nations defined the GSP Scheme under which manufacturers’ fares and some agrarian merchandise from the creating nations enter obligation free or at diminished rates in the created nations. Since imports of such things from other created nations are dependent upon the typical paces of obligations, imports of similar things from creating nations would appreciate an upper hand. At present, UNCTAD has 194 part States and is headquartered in Geneva, Switzerland. UNCTAD has 400 staff individuals and a half-yearly (2010â€2011) ordinary spending plan of $138 million in center spending consumptions and $72 million in extra-budgetary specialized help reserves. It is additionally an individual from the United Nations Development Group.] There is a rundown of non-legislative associations taking an interest in the exercises of UNCTAD A Brief History of UNCTAD Page Image CaptionPage ContentFoundation * In the mid 1960s, developing worries about the spot of creating nations in universal exchange drove a large number of these nations to require the meeting of an undeniable gathering explicitly committed to handling these issues and recognizing suitable worldwide activities. * The main United Nations Conference on Trade and Development (UNCTAD) was held in Geneva in 1964. Given the extent of the issues in question and the need to address them, the gathering was systematized to meet at regular intervals, with intergovernmental bodies meeting among meetings and a lasting secretariat giving the fundamental meaningful and strategic help. * Simultaneously, the creating nations set up the Group of 77 to voice their interests. (Today, the G77 has 131 individuals.) * The unmistakable Argentinian financial specialist Raã ºl Prebisch, who had headed the United Nations Economic Commission for Latin America and the Caribbean, turned into the organization’s first Secretary-General. Stage 1: The 1960s and 1970s * In its initial many years of activity, UNCTAD increased legitimate standing: * as an intergovernmental discussion for North-South discourse and dealings on issues important to creating nations, remembering banters for the â€Å"New International Economic Order†. * for its scientific research and strategy guidance on advancement issues. * Agreements propelled by UNCTAD during this time incorporate * | * * the Generalized System of Preferences (1968), whereby created economies award improved market access to sends out from creating nations. * various International Commodities Agreements, which planned for balancing out the costs of fare items significant for creating nations. * the Convention on a Code of Conduct for Liner Conferences, which fortified the capacity of creating nations to keep up national shipper armadas. * the appropriation of a Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices. This work later developed into what is today known as â€Å"Trade and Competition Policies†.

Exploring the aims of the Mercantile System Free Essays

string(44) characteristic stuffs from various settlements. Mercantilism is the boss financial framework, which is utilized inside the sixteenth to eighteenth hundreds of years. Its central end is to build the abundance of the state through authorizing administrative law refering the entirety of the business contributions in the state. It was contended that national quality can be augmented through limiting the aggregate of imports by means of obligations and raising the entirety of fares. We will compose a custom paper test on Investigating the points of the Mercantile System or on the other hand any comparable theme just for you Request Now It talks about that the financial quality of each state is connected essentially to the fix of positive exchange balance. It focuses on the idea of doing each state use trade methods more than import procedures as a way to remain in a monetary and political possible spot. Along these lines, positive exchange balance upon the mercantilist thought deduces as they say gold in the example of state ‘s exchequer ( Mark Blaug ) . The Scots monetary master Adam Smith ( 1723-1790 ) was the grown-up male who was liable for the term â€Å" commercial framework. † So, commercial framework was in an opposite side of Smith ‘s considerations of free undertaking, unhindered commerce, and the free move of individuals and products. One of the main averments of commercial framework is the national riches that will glance through the gradual addition and import of gold or some other valued metals, similar to Ag ( Paul Johnson ) . Bing a monetary framework, trade framework prompts do remote rivalry and disheartenment of direct outside contributing. This term supposesA that the abundance of any state will primarily rely upon the responsibility for metals as Ag and gold, however this framework can non be accomplished everlastingly, in light of the fact that the cosmopolitan monetary framework would be dead when all states needed to do sends out without imports. After aA truly short clasp, An a group of individuals began to move against the commercial framework thought and focused on the downright terrible interest of facilitated commerce. The continuous power per unit zone outcome was found in the execution of â€Å" free enterprise monetary sciences † in the nineteenth century ( Lars Magnusson ) . Mercantilism, being an authentic period, had been related with the expansion of a curious development of entrepreneur economy in Europe which alluded to it to be shipper industrialist economy. It was a way of thinking created by various financial creators in this period that require the ground-breaking confederation among the monarchial framework and merchandisers. Presents, the commercial framework term is utilized to see the protectionist exchange strategies when joined with other legislative approaches, straight or in a roundabout way in impossible to miss enterprises to get the local or national exchange advantage. Mercantilism has related with the haughty monetary strategies avoided by organized commerce and advocators that contend for negligible area mediation in the worldwide and household commercial center ( Henry William Spiegel ) . The commercial framework expressed various approaches of closed-minded exchange thought to get the abundance of the state. It very well may be accomplished through five fundamental components of trade framework, as demonstrated by David L. Ledges: The initial 1 is patriotism and strategy start along with all conceivable approach coordinated towards the energy. The second part is outside exchange that ought to ever be thought of in obvious radiation of its impacts on the territory ‘s load of having loved metals. The third one is missing household mines of gold or Ag ; the esteemed metals ought to be gathered by overabundance the fares over the imports. The forward segment is legislative exchange governments that should try to confine imports and offer support to sends out. The last segment is the monetary and political international strategy that ought to be facilitated all together for the achievement of these closures ( Mark Blaug ) . While the majority of them firmly connected with eighteenth century in Europe, the commercial framework term has been utilized so as to make reference to the glorification ‘s general guideline of region approval for the monetary advantage of the industrialist classification through directing and pull stringsing exchange. For outline, during the provincial occasions it appeared as military control on exchange ways and enormous obligations forced on imported products by and large and fabricated stocks in curious ( Lars Magnusson ) . The mercantilist designs ‘ standard, upon the jussive states of mind of pilgrim vanquishing and imperium, had been reflected in the eighteenth century develops of the total compensation ‘s starting and the trade nature. While being the finish of revenue driven element, the mercantilists figured out how to utilize this feeling to the entire state. This is in opposition to the conviction of the political direction of commercial center done by traditional financial specialists. This trade ought to be done on the aspect of reciprocals. Moreover, mercantilists accepted that the advertiser can infer by means of the loss of the buyer. Thusly, the state will go more extravagant when it sells or fares more than it purchases or imports. Gold or some other cash beginnings will be amassed to benefit the territory. The opinion identified with the abundance or net gain occurred in the inconsistent trade in exchange products was completely adapt to the mercantilist arrangement in instru cting the exchange footings ( Paul Johnson ) . Mercantilism had played an of import work yet non a predominant capacity in the section time frame from medieval framework to the modern entrepreneur economy. In any case, commercial framework profitted incredibly enormous merchandiser organizations to move place products through exchange ways kept up and secured by the state. Outside exchange was the essential plan to be accomplished for gold gradual addition on the grounds that the household exchange can non deliver a net gain or overabundance. Battling by this situation of the total compensations ‘ starting, merchandisers utilized fares as an important offices of geting abundance overall gains. The merchandisers, for example, altogether improved approach shapers, contended that using this arrangement would benefit in twist the entire territory Henry William Spiegel ) . These approaches so as to achieve these closures influencing territory appropriations of the fare ventures, high obligation was utilized to advance spot creation in the disallowance on the plated deal to outsiders, the sponsorship of fundamental businesses when essential, the command over specific sorts of capital, and the persevering gold import and the regular stuffs from various settlements. You read Investigating the points of the Mercantile System in classification Paper models the greater part of these strategies contained thorough control in exchange ways and the financial qualities adjustment in area money ( Steele G. R. ) . All through the mercantilist time frame, the merchandisers had controlled the exchanging framework, however non the creation of administrations and products. Prior to the beginning of mechanical industrialist economy, the creation was on the line of exchanges framework that epitomized extras of the extremely old medieval understanding. In add-on, the mechanical industrialist economy developed the merchandiser ‘s power. They would come to see them dominating or being engaged with the creation implies that would increase their total compensations through giving them the command over the work productiveness. Nonetheless, the merchandisers can non order the creation implies, as the essential concern lies on promoting and buying. The approaches of mercantilists energized the imports of regular stuffs that in twist can be produced to do various stocks. The completed products can be sold and sent out later in high fiscal incentive in contrasting and the first expense. Along these line s, it discovered its way to the exchequer of the state ( Mark Blaug ) . The establishment of the commercial framework began with the beginnings of the industrialist economy in sixteenth and seventeenth century in Europe. At this clasp France, Spain, and a portion of the Low Countries as Holland and Belgium were changed into monetary frameworks in trader ruled. In this way, the advanced territories were developing of being as a political supplement in the merchandiser financial framework. This framework showed that it was managed by the competitory work showcase. It prompted the development of another class of individuals that discovered them being liberated from medieval framework to the land to be only compelled to offer the work to ensure means. The developing was other than a class of creation and mechanical enterprisers selected from the intensifying merchandiser classification ( Lars Magnusson ) . The merchandiser class cleared the way of losing authority over the new financial framework to the powers of the industrialist rivalry when overall gains and money related worth were managed through the accumulation and creation of capital. When exchanging was vital for the developing of modern industrialist framework, the minutess were seen as a sharing out in the whole of selling money related an incentive among the purchasers and buyers, including the merchandiser. The develop of commercial idea, which exchange prompted the total compensations the entire framework, cleared the way to the notion of the traditional financial master that the creation and reinvestment of total compensation was the existent start of the abundance of states ( Paul Johnson ) . At the point when the general perceptual experience of the term of commercial framework being one of a truly long age throughout the entire existence of financial thought, the mercantilist scholars were concern and expert individuals that composed and made known about their thoughts in a long clasp before monetary sciences came to be a different scholastic subject. Numerous agent of the mercantilist Hagiographas were English and Gallic creators of the seventeenth century. These down to earth minds looked for the assurance, request, and stableness need for the extension of their exercises. This in curve will benefit the region. In return for the military assurance of the exchanging ways, they prevailing with regards to geting the monopolistic subsidisat

Tuk Tuk Library Brings Joy of Books to Jakartas Poorest Children Critical Linking, December 6, 2018

Tuk Tuk Library Brings Joy of Books to Jakartas Poorest Children Critical Linking, December 6, 2018 Sponsored by Book Riots 10 Best Nonfiction Books of 2018 Giveawayenter here! Sutino Kinong Hadi was not even 10 years old when he dropped out of school. Now in his late 50s, he has spent most of his working life driving a tuk tuk, known in Indonesia as a bemo. The three-wheeled vehicles were a popular mode of public transport until they were banned in  Indonesias capital, Jakarta, last year in an effort to reduce pollution. Kinongs bemo, however, is still on the road. The government gave him a special exemption from the ban, since his bemo no longer carries passengers but books. Most weekday mornings, he visits schools in some of Jakartas poorest neighbourhoods, providing disadvantaged children access to books. Your feel-good reading and viewing of the day.   ____________________ Given the deluge of movies, TV, and tweetstorms, it may be more important than ever for publications to help books accomplish these goals. But the best format for them to do so is likely no longer the traditional, single-book, literary review. To break through the noise, editors must translate old-fashioned book coverage to the lingua francas of today’s impossibly paced media climate: shareable lists, essays, digestible QAs, podcasts, scannable email newsletters, hashtags, Instagrams, even book trailers. “You can have a blog post that at least draws people’s attention to the book. Maybe they’ll read it, maybe they won’t. But at least the ideas from the book will filter through into the conversation,” Kachka says. “I think it’s important to get those ideas in, so books can have an influence beyond their readership, whatever it might be.” I mean.  We  know why people love reading about books and reading about them thoughtfully.   ____________________ Bill Gates’ book lists are an influential force in publishing, capable of  giving a title a sales bump. On Tuesday (Dec. 4), the Microsoft founder  shared his favorite books of 2018, which  he says is “pretty eclectic” and has “something for everyone.” True to form, Gates’ 2018 favorites are all nonfiction, and touch on subjects as varied as  autonomous weapons and mindfulness (he rarely picks up fiction).  Here are the five books, linked to his comments on each. Includes Educated, which has been on so many lists.   Sign up to Today In Books to receive  daily news and miscellany from the world of books.

How Do Mood Rings Work Thermochromic Crystals

The mood ring was invented by Joshua Reynolds. Mood rings enjoyed fad popularity in the 1970s and are still around today. The stone of the ring changes color, supposedly according to the mood or emotional state of the wearer. The stone of a mood ring is really a hollow quartz or glass shell containing thermotropic liquid crystals. Modern mood jewelry is usually made from a flat strip of liquid crystals with a protective coating. The crystals respond to changes in temperature by twisting. The twisting changes their molecular structure, which alters the wavelengths of light that are absorbed or reflected. Wavelengths of light is another way of saying color, so when the temperature of the liquid crystals  changes, so does their color. Do Mood Rings Work? Mood rings cant tell your emotional state with any degree of accuracy, but the crystals are calibrated to have a pleasing blue or green color at the average persons normal resting peripheral temperature of 82 F (28 C). As peripheral body temperature increases, which it does in response to passion and happiness, the crystals twist to reflect blue. When you are excited or stressed, blood flow is directed away from the skin and more toward the internal organs, cooling the fingers, causing the crystals to twist the other direction, to reflect more yellow. In cold weather, or if the ring was damaged, the stone would be dark gray or black and unresponsive. What the Mood Ring Colors Mean The top of the list is the warmest temperature, at violet, moving to the coolest temperature, at black. violet blue - happy, romanticblue - calm, relaxedgreen - average, not much going on with youyellow/amber - tense, excitedbrown/gray - nervous, anxiousblack - cold temperature or damaged ring

The, Born Or Not - 1525 Words

Thoroughbreds, Born to Fail? A swift swish of a tail, wild eyes showing white, a rider pushing forward with a whip into a metal cage. Guns sound as the clank of metal gates opening spook the horses into a frightened run. Thoroughbred horses go through this regimen every time they step onto the race track. Not to mention the other cruelties that these animals face, to ensure their success in crossing the finishing line. Controversy has trailed the animals who are pushed to their limits for the entertainment of humans, but has it gone too far? A Thoroughbred was not originally their own breed of horse, racing has its negativities, cruelty along with abuse have crept its way onto the racetrack, and there are organizations working to promote the wellbeing of Thoroughbred racehorses. Race horses were bred to have stamina as well as their renowned speed. Thoroughbreds did not exist until the first one was bred as written in an Opposing Viewpoints in Context article, â€Å"...knights returning to western Europe from the Crusades brought with them speedy Arabian stallions, which were bred with English mares to create the line now called Thoroughbred. Thoroughbreds are fast, graceful runners and are identified by their height and long, slim legs† (Meyer). These animals have been bred throughout the years to become fragile, nervous, and consequently jumpy. Spending 23 hours a day, 7 days a week, in a 12 by 10-foot box stall generates a miserable animal. These horses are not allowed to beShow MoreRelatedChildren Are Not Born?1220 Words   |  5 PagesChildren are not born knowing the difference between red and green, nice and mean, cold and hot, or any number of physical or emotional sensations. The natural world is the young child’s first curriculum and can be learned with direct interaction with others. There is no way a young child can learn the difference between being nice and mean, rough and smooth, hot and cold without touching or interacting with others. To better understand how a toddler interacts with others I went to my local day careRead MoreThe Are You Born?760 Words   |  4 Pages1.Where were you born? I was in the United States of America in Gary, Indiana. I was born in the United State of America in Gary, Indiana. My grandparents were born in United States of America in Gary Indiana. 2.What is your ethnic affiliation and how strong is your ethnic identity? My ethnic affiliation is African American. My ethnic identiy is very strong ethnicity and we as African American stays together. We have many outings in which we stick together such as family reunion, parties, and alwaysRead MoreThe Blame Game : Native Born And Foreign Born922 Words   |  4 PagesThe Blame Game: Native-Born and Foreign-Born Ever since the start of opportunity and a new life in America, thousands of people have migrated over. The number of illegal aliens has hit an all time high as much as twenty million people. Many of whom may already have family over here or plan to start a new life away from their old one. Immigrants started flooding in from Europe into the New World as early as the 1600s, but there was not much of a difference until the 1900s. The trickle of differentRead MoreBorn Into Blindness 966 Words   |  4 Pagesvictim of her own imaginative world of matchmaking and false happiness induced by Mr. Woodhouse, her father. This inducement is caused by his angst towards marriage and constant obsession of keeping his daughter close. 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(2000) entrepreneurs are people who have both the will (in other words, desire or motivation) and the skillRead MoreBorn First, Born Smarter Experiment Essay464 Words   |  2 PagesBorn First, Born Smarter Experiment The experiment that I read was Born First, Born Smarter. It was a study done by R. B. Zajonc and G. B. Markus in 1975. They planned to see why recent research had determined that the first-born child in a family related to certain characteristics. It was round that first-born children tend to be more verbally articulate, less impulsive, more active, better performers in school, more likely to go to college, and tend to have a greater need to achieve. Read MoreBorn Lucky or Born Trapped: Class and Equality in America 796 Words   |  3 PagesBorn Lucky or Born Trapped: Class and Equality in America Everyday in America, every citizen faces the burdens and restrictions of the class structure. 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Lbj’s Great Society Free Essays

Lyndon Baines Johnson moved quickly to establish himself in the office of the Presidency. Despite his conservative voting record in the Senate, Johnson soon reacquainted himself with his liberal roots. LBJ sponsored the largest reform agenda since Roosevelt’s New Deal. We will write a custom essay sample on Lbj’s Great Society or any similar topic only for you Order Now The aftershock of Kennedy’s assassination provided a climate for Johnson to complete the unfinished work of JFK’s New Frontier. He had eleven months before the election of 1964 to prove to American voters that he deserved a chance to be President in his own right. Two very important pieces of legislation were passed. First, the Civil Rights Bill that JFK promised to sign was passed into law. The Civil Rights Act banned discrimination based on race and gender in employment and ending segregation in all public facilities. Johnson also signed the omnibus Economic Opportunity Act of 1964. The law created the Office of Economic Opportunity aimed at attacking the roots of American poverty. A Job Corps was established to provide valuable vocational training. Head Start, a preschool program designed to help disadvantaged students arrive at kindergarten ready to learn was put into place. The Volunteers in Service to America (VISTA) was set up as a domestic Peace Corps. Schools in impoverished American regions would now receive volunteer teaching attention. Federal funds were sent to struggling communities to attack unemployment and illiteracy. As he campaigned in 1964, Johnson declared a â€Å"war on poverty. † He challenged Americans to build a â€Å"Great Society† that eliminated the troubles of the poor. Johnson won a decisive victory over his archconservative Republican opponent Barry Goldwater of Arizona. American liberalism was at high tide under President Johnson. The Wilderness Protection Act saved 9. 1 million acres of forestland from industrial development. †¢The Elementary and Secondary Education Act provided major funding for American public schools. †¢The Voting Rights Act banned literacy tests and other discriminatory methods of denying suffrage to African Americans. †¢Medicare was created to offset the costs of health care for the nation’s elderly. †¢The National Endowment for the Arts and Humanities used public money to fund artists and galleries. †¢The Immigration Act ended discriminatory quotas based on ethnic origin. An Omnibus Housing Act provided funds to construct low-income housing. †¢Congress tightened pollution controls with stronger Air and Water Quality Acts. †¢Standards were raised for safety in consumer products. Johnson was an accomplished legislator and used his connections in Congress and forceful personality to pass his agenda. By 1966, Johnson was pleased with the progress he had made. But soon events in Southeast Asia began to overshadow his domestic achievements. Funds he had envisioned to fight his war on poverty were now diverted to the war in Vietnam. He found himself maligned by conservatives for his domestic policies and by liberals for his hawkish stance on Vietnam. By 1968, his hopes of leaving a legacy of domestic reform were in serious jeopardy The turbulent 1960s reached a boiling point in 1968. When the year began, President Johnson hoped to win the war in Vietnam and then cruise to a second term to finish building his Great Society. But events began to spiral out of his control. In February, the Tet Offensive in Vietnam brought a shift in American public opinion toward the war and low approval ratings for the President. Sensing vulnerability, Eugene McCarthy challenged Johnson for his own party’s nomination. When the Democratic primary votes were tallied in New Hampshire, McCarthy scored a remarkable 42 percent of the vote against an incumbent President. Johnson knew that in addition to fighting a bitter campaign against the Republicans he would have to fight to win support of the Democrats as well. His hopes darkened when Robert Kennedy entered the race in mid-March. On March 31, 1968, Johnson surprised the nation by announcing he would not seek a second term. His Vice-President Hubert Humphrey entered the election to carry out Johnson’s programs. The Great Society program became Johnson’s agenda for Congress in January 1965: aid to education, attack on disease, Medicare, urban renewal, beautification, conservation, development of depressed regions, a wide-scale fight against poverty, control and prevention of crime and delinquency, removal of obstacles to the right to vote. Congress, at times augmenting or amending, rapidly enacted Johnson’s recommendations. Millions of elderly people found succor through the 1965 Medicare amendment to the Social Security Act. Under Johnson, the country made spectacular explorations of space in a program he had championed since its start. When three astronauts successfully orbited the moon in December 1968, Johnson congratulated them: â€Å"You’ve taken †¦ all of us, all over the world, into a new era. . . . † Nevertheless, two overriding crises had been gaining momentum since 1965. Despite the beginning of new antipoverty and anti-discrimination programs, unrest and rioting in black ghettos troubled the Nation. President Johnson steadily exerted his influence against segregation and on behalf of law and order, but there was no early solution. The other crisis arose from Viet Nam. Despite Johnson’s efforts to end Communist aggression and achieve a settlement, fighting continued. Controversy over the war had become acute by the end of March 1968, when he limited the bombing of North Viet Nam in order to initiate negotiations. At the same time, he startled the world by withdrawing as a candidate for re-election so that he might devote his full efforts, unimpeded by politics, to the quest for peace. When he left office, peace talks were under way; he did not live to see them successful, but died suddenly of a heart attack at his Texas ranch on January 22, 1973. How to cite Lbj’s Great Society, Papers

Two Korean Soldiers-- One From Sariwan, North Korea, And One From Chon

Two Korean soldiers-- one from Sariwan, North Korea, and one from Chongju, South Korea-- stare intensely at one another, watching each and every move. They are in the DMZ, a 4 km wide band stretching across 250 km of deserted land, known as the demilitarized zone between the two Koreas. They each represent their part of Korea. The soldiers are in this uptight position because of the Korean War, which never officially ended with a peace treaty. As they watch one another, it is as if they are looking at a mirror image of themselves. Even though they are identical on the outside, they are far from similar on the inside. North Korea and South Korea, like the two soldiers, share some similar characteristics. First, they both have an extremely high literacy rate; North Korea has 95% and South Korea has 97% literate citizens. Education is free for students ages 5-16, and many take advantage of this academic offering. Second, what better food is there to be found in Korea than the fish than the fish that surround the peninsula. The North and the South have major commercial fishing businesses. In fact, did you know South Korea ranks third in the world's fishing industry? Another common food between the North and South is rice. It's the chief crop of the north and a wet- season crop in the south. Third, Korea has a homogenous society, which means the citizens in the North and South have a common ethnic background. Lastly, both sides share the Korean language. Approximately 110 million people living on the Korean peninsula speak this language, which originated in Neolithic times. Although you can see these few similarities, it is difficult to find many common links between the two parts of Korea. On the other hand, the differences are far more apparent. The first big difference between North and South Korea is their government. While North Korea is a hard- line Communist nation, the South is a democracy. The political power in the North rests with the leadership of the Korean Worker's Party. Governing democratically, the south's legislative power is vested in the popularly elected National Assembly, and executive power rests in a president elected to a single five-year term. Unfortunately, the citizens in North Korea live in poverty and starvation, while the South Korean citizens are wealthy and stuffed. For example, if North Korean citizens came in contact with South Korean citizens, they would be jealous of how fat they were! Controlled by their government, the North has little foreign involvement. Trading withother countries is nearly non-existent. They have practically cut themselves off from the outside world. Having a growing prosperity from foreign trade, South Korea is a key US ally. Exports from the South include many manuf actured and electronic goods. Lastly, resources and land formations have their differences between the North and South. The mountains, coal, metal, and hydroelectric power are rich in North Korea and the electricity is provided by a large hydroelectric source on the Yalu River. Unlike the North, South Korea has good agricultural land, yet it's much smaller. Their rice fields are growing rapidly and are among the best in the world. The differences in the resources and land are due to the political division at the 38th parallel. This brings us back to the DMZ, where the two soldiers continue constant eye contact. Although the North and the South share these similarities and differences, one can only help think of the possibility that the soldiers, from both Koreas , one day will be hand in hand as they defend Korea as a whole. But until that day comes, think of the fear and tension between North and South Korea and know it will continue to exist.