Sales: Sales: Support: Support:
Academic writing services  
 
Custom written essay Book report Research paper Dissertation Resume and CV Editing and proofreading  
main menu
discounts
discounts
By ordering custom paper you get
  • 24/7 Support
  • Over 100 professional US Writers
  • 300 words per page
  • Flexible discount system
  • FREE revision (within 2 days)
  • Anti-Plagiarism Software Check
we accept
sample essays
Accounting Essays
Admission Essays
Analysis Essays
Art Essays
Biography Essays
Biology Essays
Book Review Essays
Business Essays
Case Studies Essays
Cause and Effect Essays
Character Analysis Essays
Communication Essays
Communication and Media Essays
Compute Technologies Essays
Consideration Essays
Controversial Essays
Description Essays
Economics Essays
Education Essays
Evaluation Essays
Explanation Essays
History Essays
Job Essays
Law Essays
Management Essays
Medicine Essays
Music Essays
Personal Essays
Personal Experience Essays
Persuasive Essays
Persuasive Speech Essays
Philosophy Essays
Political science Essays
Politics Essays
Proposal Essays
Psychology Essays
Reflective Essays
Religion Essays
Research Essays
Response Essays
School Essays
Science Essays
Sociology Essays
Technology Essays
World Literature Essays
Note to the Minister of Industry essay
 
← Government Redistribution ProgramsAsset Bubble →

Note to the Minister of Industry. Custom Note to the Minister of Industry Essay Writing Service || Note to the Minister of Industry Essay samples, help

• Canada is considered as one of the wealthiest country in the world, as it is currently considered as the ninth largest economy globally. The country is a part of the OECD (Organization for Economic Co-operation and Development) and the Group of Eight (G8) countries, which largely determines the directions to be taken by other countries globally, especially the LDCs.  (Lipsey, 2006).

• In 2011, the country’s GDP and inflation rate is estimated to be 2.4% and 1.6% respectively, an indicator that the country’s economic stability, just like most of the developed countries, is on decrease. This is because, its GDP and inflation rate in 2007, prior to global financial crises, stood at 6.5 and 0.6% respectively (The Economist, 2011). Likewise, as at July 2011, the unemployment levels stood at 7.2%, one of the highest across the globe. To prevent financial crises, the government has focused more on the issues of unemployment and income, thus diverting attention from more measuring the overall well-being of the citizens (Government of Canada, 2011).

• As a departmental policy analysts, working for Not for profit sector, I have seen it necessary to write this brief note, informing the Minister of Industry on the need to adopt the Canadian Index of Wellbeing. This is due to the fact that, CIW comprehensively measures the wellbeing of all the Canadians in different areas, such as health, education, level of participation in the society among other crucial areas (Adams’s, 2005).

Policy options

There are three key policies, which can be adopted by the Ministry of Industry when publishing the index of index of well-being in addition to the existing set of economic indicators. These include the following:

• improve the traditional parameters of determining the wellbeing of the Canadians

• Adopt the Canadian Index of Wellbeing

Policy discussion

Improving the existing policies

In the recent past, social aspects touching on the well-being of Canadians have drastically changed. Some of these policies include changing labor markets, persistent inequalities, new family structures, immigrations, cultural and ethnic diversity among other significant factors. It is essential for the government to be publishing the general welfare of refugees and family members, who have migrated to Canada. By improving on the wellbeing of these groups, the overall productivity of the country will improve, hence improved Gross Domestic Product (Kahneman, 2010). Based on this, there has been an urgent need for the government to review as well adopt modern social policies, which will adequately deal with these emerging issues. For example, increasing  the working hours can increasing the working hours can result to higher long-term sustainability, while strategies geared at raising growth may at a times exacerbate inequality, but raise the level of  the available resources. Thus, for the Canadian government to determine the effectiveness of these social policy instruments to improve the well-being of the citizens, the associated trade-offs should be clearly indentified as well as the potential achievements prioritized (The Economist, 2011).

Pros and cons

By publishing index indicating welfare improvement as a result of changes in the social policies, it will be easy for the government and other stakeholders to determine the best policy, which will improve the livelihood of the Canadians. Further, by publishing the intended social-policy goals, it will be easy for the policy makers to access resources as well as consider the best ways to use these policies. Some of resources to be accessed by the social policy makers include human resources, savings, innovation and technology among others. One of the challenges facing this aspect is the lack of clear distinction of the impact of individual policies as most of these policies are interdependent (Wallace, 2002).

Adopt the Canadian Index of Wellbeing

As discussed earlier, CIW is a fresh national instrument, which is aimed at measuring the quality of life Canadians, in all vital dimensions. It shows whether, these areas are improving or getting worse. The CIW covers eight important domains, most of which have specified metrics and analysis (Adams’s, 2005).

Pros

Numerous advantages will be automatically derived because of adopting the CIW model of measuring the well-being of the Canadians.

  • overseeing the development as well as implementation of CIW that reflects the overall status of the Canadian society. Further, it ensures that cultural and regional differences are reflected, integrated and natured into the fabric of work.  
  • it ensures the regular and ongoing reporting of CIW via public and communication engagement strategy.
  • ensure ongoing and leading edge research and development of CIW that include enhanced refinement of the pilot testing of the sub-indices, maintenance of standards, collection as well as compilation of data relating to social, health, economic, environment among other variables and trends.
  • promote improved collection of data through identification of gaps in relevant knowledge of measuring well-being.  
  • increasing network of CIW with the influential policy and leader makers to enable CIW to have a continuing impact o the policy decisions.
  • contribute to the societal understanding, also referred as statistical literacy, and use of the indicators, such as citizen engagement and literacy.
  • Contribute to the measure of well-being movement, which will ultimately benefit the international initiatives and partners (Coyle, 2011). 

Cons

In the short run, the model will be expensive to implement. Therefore, the government may be forced to more of its annual revenues towards the implementation phase of CIW, hence further slowing Canadian economy in the next five years.

Recommendation

Given the information above, we recommend that you adopt the second option. 

 

 

Note to the Minister of Industry. Custom Note to the Minister of Industry Essay Writing Service || Note to the Minister of Industry Essay samples, help

Order Now
Order nowhesitating

Related essays

  1. Asset Bubble
  2. Greek Debt Crisis
  3. Government Redistribution Programs
  4. Financial Crisis in Europe


order now

 
 
3.6K
1.2K
Order now
Email
Password
 
why choose us
96% of satisfied returning customers
24/7 customer support
A wide range of services
Up-to-date sources
100% privacy guaranteed
MA/PhD writers
Custom written papers only
Free plagiarism report
Free revision (within 2 days)
Free extras by your request
Direct communication with a writer
faq
Are your writers qualified for the custom writing?
How quick can my order be accomplished?
Is it legal to buy custom essays, term papers or book reports from your company?
Are essays offered by your company truly custom-written?
Is it safe to buy from SupremeEssays.com?
How secure is the payment system of your company?
Can I submit custom essays or term papers done by your company as my own?
How can I contact your company if I've got problems with my ordered paper?
testimonials

Finally, I've found the real custom writing service . My grades are saying "Thank you, it's been a pleasure to work with you."

Jamal, South Africa

I can't believe you finished my essay under such a short deadline! You saved me from a disaster once again. You guys deliver exactly what you promise. I'll be back. That's for sure!

William H , Kansas, US

contact us
Toll free for US & Canada only. International callers are charged for outgoing calls.

Our phone numbers:
SupremeEssays.com provides custom term paper writing/rewriting services inclusive of research material for assistance purposes only. The term papers should be used with proper reference and are not meant to replace actual assignments.
 

Get 15% off your first custom essay order

Order now

PRICES
from $12.99/PAGE

X