Tourism and indigenous Cultures Essay Example | Topics and Well Written Essays - 3500 words

Tourism and indigenous Cultures - Essay Example .......................................................................... 4 1.3 Rationale for Selecting the Research Topic ............................................... 5 1.4 Scope and Limitations ................................................................................ 6 2. Literature Review ..................................................................................................... 7 a. General Facts about Chamka ..................................................................... 7 b. Significance and Impact of Unique Culture, Language, and Religion on Tourism Industry .................................................................... 9 c. Socio-economic benefits of Tourism in the Development of the Bangladesh Economy ................................................................................. 11 d. Communication between the Bangladeshi Government and Chamkas ...... 12 3. Discussion ........................................................................ ........................................ 13 4. Conclusion and Recommendations .......................................................................... 15 References ............................................................................................................................ 17 - 19 Chapter 1 – Introduction The term â€Å"indigenous people† is referring to a minority ethnic group of people that exists in each country (Coates, 2004, p. 12). Since most of the indigenous people are living in a place that is far away from civilization, this group of people manage to preserve their own set of unique culture and religion. Based on the 1991 Census, the Chamkas’ total number of population was 239,417 (Parbatya Bouddha Mission, 2012). In India, around 150,000 Chamkas are living in the states of Arunachal, Assam, Mizoram, and Tripura; whereas very few of them live in Cox’s Bazar district, Myanmar in Burma, and in Bangladesh (Parbatya Bouddha Mission , 2012). Chamka is one of the biggest indigenous groups of people that still exist in Bangladesh. Being one of the minority groups in Bangladesh, the Chamka are living their lives at a disadvantage. Because of the absence of strong government support, Chamkas who are currently living in Bangladesh do not have the same privileges that most Bangladeshi people are getting from the government. Up to the present time, almost all Chamka in Bangladesh are still living in a primitive age. Because of the presence of political and cultural separation between the Bangladesh government and this particular group of indigenous people, the Chamka do not have access to proper education, better employment opportunity, and medical assistance from the doctors and nurses. On the 13th of September 2007, the United Nations declared that the need to respect the rights of these indigenous people (UN News Centre, 2007). With a total of â€Å"30 votes in favour, 2 against and 12 absentions†, the Human Rights Council supported the United Nations’ declaration with regards to the rights of the indigenous people (United Nations, 2007, p. 1). Although there is no existing universal law behind the United Nations declaration with regards to the rights of the indigenous people, respecting their rights could prevent us from violating the existing human rights law. Specifically the act of preventing the Chamkas to have access equal to proper education, better employment opportunity, and medical assistance from the doctors and nurses is a form of racial or tribal discrimination. To uplift the

Impact of Market Imperfections on International Capital Markets Essay

Impact of Market Imperfections on International Capital Markets - Essay Example This paper makes an assessment of the impact of the market imperfections on the functioning of the international capital markets. The perfect market is an economic model which describes a hypothetical market condition in which no producer or consumer has an absolute control to influence the prices. As laid down by the concept of Pareto efficiency a perfect market model would eventually lead to a totally efficient outcome. The theories of demand and supply have been evolved using the analysis of perfectly competitive markets. Efficient allocation and use of resources and maximization of social welfare characterize the perfect market equilibrium (Writing Campus). The perfect market model assumes the presence of certain conditions which make the prices move towards economic equilibrium instantaneously. However these conditions are to be treated as sufficient but not necessary conditions. In a perfect market there exist a large number of small producers and consumers. Because of their relative sizes the actions of these players do not have any significant impact on the others. The prices are set by the market and the firms represent only price takers (Writing Campus). In the perfect market model the goods and services represent perfect substitutes to each other. All the firms in the market sell identical products and there is no product differentiation among the individual products (Writing Campus). Perfect and Complete Information All the players in the market have perfect and complete information about the prices and the activities of other players in the market. The prices set by different firms in the market are known to all the players (Writing Campus). Equal Access One of the major assumptions in the perfect market model is that all the firms in the market have equal access to production technologies and resources, since the technologies and resources are considered to be perfectly mobile (Writing Campus). Free Entry There are no restrictions on the entry to or exit from the market for any firm. The firms may enter and leave the market as they wish and such exit will not have any additional burden on the firms. There is the existence of complete independence in the market that the individual buyers and sellers act independently of each other. The market is structured in such a way that there is no scope for a group of buyers and sellers to join together to influence the prices for their common interest. In other words there is no possibility of cartels or collusion in a perfect market model (Writing Campus). Apart from the above conditions there are certain other behavioural assumptions which also form the basis of a perfect market model. They are: It is the objective of the consumers to achieve maximum utility and the objective of the producers is to maximize their profits. The perfect market model is subjected to severe criticisms on the ground that the model is too simplified and the simplifications are irrelevant and inappropriate to describe the kind of society, market etc. This model can be regarded as a description of one type of market structure with most of its assumptions getting violated in the real world. For instance the firms may not have perfect information about each other. The usefulness of perfect market mo