There has been an increased presence of non-state actors in the field Research Paper

There has been an increased presence of non-state actors in the field of international dispute resolution. Discuss the significa - Research Paper Example In recent years however, non-state actors, including NGOs, individual personalities, and even private corporations have also become more involved in the management of these international disputes. This is a significant development especially as greater transparency and participation of the NGOs at the WTO and the ICSID can be ensured. This paper shall discuss significance of such move in eventually securing transparency and improved participation of non-state actors in the actions and decisions of the WTO and the ICSID. Initially, this paper shall discuss incidents wherein non-state actors have taken a greater role in the field of international dispute resolution. The relevance of their role in terms of transparency as well as improved participation shall also be presented. A focus on the role of non-state actors in relation to international financial institutions shall also be discussed in this paper in order to better understand the impact of non-state actors on the international c ommunity. Body The elements involved in maintaining and building states calls for the assistance and participation of all state and in this case, non-state actors. Capable states are those which have strong and responsible as well as vital forces to ensure peace, prosperity as well as public goods for the people (Ulimwengu, 2007). The state has long been considered the primary focus of these processes, and the non-state actors have a crucial role to play in supporting these national and government processes (Mabogunje, 2000). It is therefore important to determine who these actors are. It is also important to identify the aspects of governance where they can assist and to understand better how they work, their style of interventions, and the barriers interfering with their actions (Catbagan, 2011). In Africa, the role of the non-state actors have been especially significant in terms of ensuring the security and public safety of non-state territories, and those territories where issu es of insecurity have impacted on state capacity in terms of security management (Ulimwengu, 2007). Issues and challenges in governance and development have prompted the need for assistance from non-state actors. This was the same in different parts of the world, including Asia, Africa, and even Europe. As transitions in African rule were observed, major shifts in political relations were also observed (Ulimwengu, 2007). The end of the Cold War was seen alongside efforts to democratize African countries and in the midst of these challenges, non-state actors emerged in the form of NGOs and other related organizations (Woodward, 2013). In Easter Europe, some of these groups had a crucial role in toppling the communist regimes. This was seen in Poland with the union-based Solidarnosc, including other movements in Romania, East Germany, and the Soviet Union (Heines, 2010). There is not much evidence to indicate whether these actors persisted in their role within the post-communist regim es; still, their roles have been acknowledged and their possibilities have also been considered for other areas. Non-state actors have become more accepted in the international community in the past few decades as politicians, sociologists, and mediators have sought their expertise especially where certain state actions have to be understood in terms of impact and sustainability (Ulimwengu, 2007). Non-state actors include NGOs and are generally understood within civil

Wall Street Film Essay Example | Topics and Well Written Essays - 1000 words

Wall Street Film - Essay Example Greed to earn more and achieve the fame and fortune forces Bud Fox and Garden Gekko to actually start to prefer self over the family and indulge into actions which may be against the law. Garden Gekko openly said that greed is good, thus, giving the impression that earning money regardless of whether it comes from ethical ways is always a good thing to do in life. The movie shows that the characters deliberately broke the law and engaged into activities which were detrimental to the interests of others. The ethical issues highlighted also indicates as to how Bud Fox was lured into doing business with Garden Gekko and over the period of time lost his innocence and concerns for the rule of law and abiding the principles laid down by SEC. As things move on, Bud Fox seems to involve his friends also in the process of making money. This has shown that instinctively, being professionals, we can bet on the money of those who supported us in difficult times; as such, our relationships may be come driven more by the money rather than the feelings of love and compassion which as individuals fee for each other in our relationships. The ethical failings of Bud and Gekko may be in their tendency to be lured away by earning more money and in that process of earning more money lose sight of what is right and what is wrong. ... Best consequences always suggest that actions should be such that they are helpful and maximize utility for most number of people. Accordingly, any action which is considered to bring more happiness or bring greatest good is considered as an ethical and moral action regardless of the actual consequences. Utilitarianism however, counts those acts as unethical which are done in a manner that can provide maximum utility to individuals and create harm for others. The notion of greatest good for the greatest number of people, therefore, prevails in utilitarianism, as well as how individual and collective actions should be driven ethically. (Ferrell, Fraedrich and Ferrell) The situation described in the movie clearly indicates that the actions of both characters are actually offering greatest happiness to them only. This limits the positive consequences of their actions to themselves only, whereas the negative consequences of their actions are spilled over to the general public. The way fi nancial institutions are managed and the kind of speculative activities are taking place indicate that financial managers may be taking bets rather than calculated risks. Taking bets without actually involving rational, prudent and conservative investment approach results into greater losses for the investors and the society as a whole. Using utilitarian approach, therefore, outlines that the characters actually engaged into activities which were speculative in nature and were detrimental to not only the financial services industry as a whole but for the society in general also. The current financial meltdown is often considered as the result of the imprudent actions