Impact of Foreign Aid on Nigeria Development

Impact of Foreign Aid on Nigeria Development CHAPTER FIVE SUMMARY, RECOMMENDATIONS AND CONCLUSION 5.1 Summary This study examined the extent to which Foreign aid; particularly the debt relief initiative has contributed to human development in Nigeria. It particularly sought to examine the relationship between Foreign aid and development considering the underlying political-economic conditions and the effectiveness of aid on human development. This work also sought to analyze how the World Bank’s Debt Relief initiative has enabled human development in form of better living standards and access to essential facilities in Nigeria. Finally, this research sought to evaluate the political-economic conditions particularly underlying the effectiveness of the World Bank’s Debt Relief initiative to Nigeria. Chapter one introduced the study introducing a general background to the study; the statement of problem; the research questions; objectives of the study; research proposition; significance of the study; scope and limitations of the study. Chapter two focused on the review of scholarly literature on the subject matter. The chapter illustrated the historical background to Foreign aid in the International system and its contributions to development in general. The chapter also included a theoretical framework examining the theory used for study review as well as the current trends regarding the subject. Chapter three in the other hand was devoted to the historical perspective of foreign aid in Nigeria. Chapter four attempts a critical discourse of the subject matter of debt relief and human development. The chapter reviewed and evaluated the debates on the effectiveness of the Debt Relief Initiative to Nigeria. It particularly sought to examine the impact and effect of the debt relief initiative on Human development in Nigeria. It started off examining the debt relief initiative, followed by the debates on its effectiveness and management in recipient states and concluded with a critical analysis of the effectiveness of the debt relief initiative on human development in Nigeria so as to determine if foreign aid in form of debt relief has contributed to human development in Nigeria. This chapter being the fifth summarizes the research and all findings carried out. It also includes recommendations and suggestions for further studies. 5.2 Recommendations One of the significant conclusions of the aid-effectiveness literature has been that aid is more effective when the recipient country’s policy and institutional environment satisfies some minimal criteria, and that aid should thus be allocated selectively on the basis of the quality (established policies and initiatives) of prospective recipients’ economic and social policies (World Bank, 1998). To buttress this assertion, Thomas (2001) points out that some Heavily Indebted Poor Countries (HIPCs) had no policy responses to poverty, HIV/Aids or corruption until they were required to do so as conditions for debt relief under the HIPC Initiative. He concluded by suggesting that unless debt relief is effectively conditioned on the proper use of funds and the pursuit of structural reforms, it is unlikely to help the poor. This has been the Aid efficiency-conditionality debate –surrounding the subject matter. It is rather quite unfortunate that the afore mentioned assertion or debate was somewhat verified in Nigeria with the establishment of the Debt Management Office and the Virtual Poverty Fund – initiatives that were as a result of a desperate need for a debt relief. What is more reliving though is that the DMO is actually still in place and very much efficient in managing the Nation’s external and internal debt, and have shown certain level of accountability and transparency. This is seen with the up-to-the-minute information available on the Debt Management Office (DMO) website for Nigerians to familiarize themselves with the office and all that has been done to get a debt relief and all that there is to managing further debt both on the state level and the federal level. This research further recommends that revenues from oil be utilized appropriately to make resources available to finance investment that would in turn lead to growth. No doubt, there is the individual approach to office administration and policy initiation. But because the nature of Public administration allows for continuity even after the presiding officer or chair steps down, it is therefore appropriate to recommend that the established Debt Management Office and the Virtual Trust Fund (VPF) that was internationally commendable suggest that the Nigerian Government is competent enough to initiate functional approaches to challenges in the state and manage such initiatives effectively. It would be worthwhile therefore, to have our leaders put that same zeal and drive to initiating solutions to several other challenges facing the state and run it efficiently as the DMO was viciously run to get debt relief. Apart from debt relief being a form of aid; in Nigeria, the aid fund goes directly to the ministries, department or agency (MDA) that uses the fund. This is contrary to what happened in other Sub Sahara African Countries such as Kenya and Ghana in which foreign aid is treated as part of the budget. The Senate in Nigeria has warned against the disbursement of foreign aid coming into the country without National Assemblys involvement. The lawmakers are now insisting that such funds must henceforth be captured in the nation’s budget process for the purpose of tracking its flow and disbursement into Nigeria’s critical sectors (The Will, 2011). The idea is that by-passing budget will result in timely release of the aid to the critical sectors of the economy. Also, by-passing budget would ensure that aid money is not diverted to non-aided projects in the country. It is possible that there is the fear of embezzlement and mismanagement. And so I would recommend that the ministr ies, department or agency (MDA) that receive and utilize aid fund continue to do so but with a report to the National Assembly on a detailed account of aid fund. To effectively assess the effectiveness of the VPF or any aid fund for that matter, it is important for recorded projects to include the names or complete detail of projects so as to allow for complete evaluation. One may question if poor policy performance is a cause or a consequence of external debt or debt over hang for that matter. The debt overhang theory and the more general concerns of debt distorting incentives of the borrowing countries to reform imply that poor policy performance could be an outcome caused by external debt, at least in some of the HIPC countries, especially in the short run, as governments have much less incentive to absorb reform costs if they primarily produce income for foreign creditors. This should not be the case for Nigeria with the surplus revenue from oil does. It does not allow for the conclusion that poor policy performance could be an outcome caused by external debt. Rather, gross mismanagement of public fund, looting and perpetuated greed has caused poor policy performance. The civil society could have suppressed mismanagement to some extent but that is not really the case because what is seen is a state where there is minimal horizontal accountability and almost an invisible vertical accountability. In fact, the Nigerian citizens are negligent of the existence of the state and tend to survive with or without its input. This should not be the case. For Nigerian leaders to be accountable, citizens must actively participate in the politics of the state and make demands without fear. As many other reviews have recommended, this research would also recommend that Nigeria should diversify her economy to have multiple income streams. It is true that no state can be self-sufficient but the manner in which aid is given to Nigeria is very appalling and not needed. Least to say the food imported to Nigeria on a daily basis. If any state cannot feed itself and grow itself and its capacity, such state is bound to be underdeveloped of which Nigeria is not fit to be termed underdeveloped due to her vast riches in natural resources, man power, intellectual and industrial capacity, market and population. This research would therefore recommend a shift from a â€Å"Rentier mentality† to a self-reliant economy and state. 5.3 Conclusion In other research, the overall impact of debt relief continues to be unclear. Whereas there is little in the way of complete analysis or country case studies to compare the Nigeria case with. Chauvin and Kraay (2005) however, argue that debt relief has had no perceptible impact on the composition or effectiveness of public spending. Some skeptics, including Easterly (2002) and Jain (2007) have argued that debt relief, or the Heavily Indebted Poor Countries process can make public policy worse. On the other hand, Arslanalp and Henry (2005) argue â€Å"both borrowers and lenders can benefit from debt relief when the borrower suffers from debt overhang†, whilst World Bank (2006) paints a broadly positive tone as to the policy course of post completion point countries of the Heavily Indebted Poor Countries Initiative. Against this mixed picture, the Nigerian analysis as summarized in the preceding chapter, suggests a success story. More so, it is important to note that debt relief is only a drop in the ocean of reform that is needed in Nigeria. Besides, debt relief was labeled as ‘special money’ that had political support, high visibility, and accountability processes surrounding it especially so as to gain credit from international donors (at the initial stages). Every other money is wasted, mismanaged or syphoned, as it has been the norm within public administrations. And because debt fund alone cannot lead to development in a state (even if well accounted for), development challenges still persist coupled with lack of devoted leaders to change. Such attitude keeps a state in a continuous spin within the dependency circle. So yes, political conditions do have effects on the effectiveness of foreign aid and much more, on the development of a state. 5.4 Suggestion for Further Research The decay in social services such as the education sector was not only because of inadequate financial allocation but also as a result of corrupt practices. What this work couldn’t cover adequately was to find out how possible it is that relief funds were not diverted, yet, the NAPEP estimated impact on human development is not all that visible. This is because diversion in funds impedes development. Or could it be that the infinitesimal growth experienced from the debt relief fund was all that there was and funds were not diverted, mismanaged or wasted? In other words, why didn’t the debt relief plan aid NEPAP in eradicate poverty before 2010?

Inside The League by Scott Anderson, and Jon Lee Anderson :: Inside The League Scott Anderson

Inside The League by Scott Anderson, and Jon Lee Anderson   Ã‚  Ã‚   For over ten years progressive researchers in this country and in Europe have been uncovering evidence linking certain American conservatives and rightists to racist and fascist movements around the globe through a shadowy organization called the World Anti-Communist League. Now the book "Inside the League" exposes the hidden nature of the League and documents in devastating detail a parade of League-affiliated authoritarian ideologues marching from the death camps of Nazi Germany into the parlors of Reagan's White House. The idea for the book came when Jon Lee Anderson was researching a series of columns on Latin American death squads for Jack Anderson, (Jon Lee's employer but not his relative). Enlisting the aid of his brother Scott, the two first began tracing the connections between the death squads but soon were unravelling networks and alliances that involved terrorists, Nazi collaborators, racists, assassins, anti-Jewish bigots, and right- wing anti-communist American politicians. The one factor all had in common was their involvement with the World Anti-Communist League.   Ã‚  Ã‚   The Latin American death squads, for instance, were found to be linked through an umbrella group of Central and South American rightists called the Latin American Anti-Communist Confederation (CAL). CAL in turn was affiliated with the World Anti-Communist League (WACL), lead by a retired U.S. Major General, John Singlaub.   Singlaub boasts WACL is the coordinating body for raising private aid for the Contras, a task support ed explicitly by the Reagan White House which has sent government officials and glowing letters of support to WACL meetings in recent years.   Ã‚  Ã‚   WACL also serves as an umbrella for several Eastern European emigre groups founded and lead by Nazi collaborators, and there is far more. As the Anderson brothers write:   Ã‚  Ã‚   "We have examined the World Anti-Communist League...because it is the one organization in which representatives of virtually every right-wing extremist movement that has practiced unconventional warfare are to be found. The League is the one constant in this netherworld; whether looking at Croation terrorists, Norwegian neo-Nazis, Japanese war criminals, or American ultra-rightists...." (p. x, Author's Note).   Ã‚  Ã‚   WACL is more than a club for aging facists and their modern- day

Scene Analysis: Sexuality in Blue Angel

In Josef von Sternberg’s film Blue Angel, female sexuality is defined through the character Lola Lola. The lead female character is captured using select subject-camera distances that seem to make her appear powerful and in control. The medium shots of Professor Rath and the full shots of Lola Lola during the first â€Å"falling in love again† performance are used to compare the emotional male character to the empowered female character, and therefore illustrate the evolving sexual identity of women.The scene begins with a full shot of Lola Lola performing in front of a large audience. Her posture and attire are fully captured by the camera as she sings to the crowd. With her hands on her hip, she performs confidently in an outfit that emphasizes her figure. The camera suddenly shifts to another full shot following Professor Rath to his reserved seat. Because the beautiful singer mesmerizes him, he must be ushered to his seat above the crowd. Again, a full shot captures the performer before she is interrupted for a formal introduction of Professor Rath.The first medium shot in this scene shows the Professor wildly looking below at the crowd. A scanning full shot of the crowd is quickly given before returning to a seemingly happy Rath. Once again Lola strolls around the stage with her hands on her hips; the camera follows her as she sits down and sings to the delighted professor. Although the camera zooms in slightly for a three-quarter shot, the viewer is able to see her streamline body, while she enchants the main character.Rath is filmed from the waist up once more and is visibly consumed by his emotions, while the singer w is captured fully in a slightly seductive position. The camera shifts to a peculiar three-quarter shot of the clown and a musician. From this view, the camera follows the clowns upward gaze as he looks upward at Professor Rath. The camera is slightly distanced from the sitting professor, so the viewer may see a tall sculpture portraying the female body. The Professor becomes visibly uncomfortable by the artwork and awkwardly shifts in his chair until his eyes fall back onto Lola Lola.The camera then switches back and forth between full shots of the alluring singer and medium shots of the entranced man; she appears to be seducing him confidently from the stage as he bashfully watches from afar. The scene closes with a medium shot of the enthralled professor who has truly been captivated by the brazen performer. Throughout the scene, the female character is distanced more than the performer since she is not as emotionally vulnerable as the male lead. Lola remains in control throughout the entire performance, and she effortlessly evokes a response from the man watching her.Professor Rath visibly struggles with the decency of the club. Although the woman singing to professor excites him, the man is slightly uncomfortable with certain aspects of Blue Angel. The subject-camera distances used in Lola’s first performance of â€Å"Falling in Love Again† adds to the movies theme of female sexuality during the Weimer Republic. Full shots capture Lola’s ability to seduce the old professor, while medium shots emphasize his reactions and emotional response. This scene

Long Story Short

Long Story Short I’ve often heard writers of nonfiction complain that they’re the Rodney Dangerfields of the literary world. Not that they don’t sell a lot of books and articles (because they do) or that they don’t make money from their writing (because they do). Their complaint is that they aren’t recognized as â€Å"real† writers until they’ve published fiction. The same might be said of short-story writers. Some feel they aren’t truly fiction writers unless and until they’ve sold a novel. Many people who are not themselves writers have asked me, â€Å"Why waste your time writing short stories?† Well, I’ve written three novels- two are out with an agent and the other is sitting here at home aging like tobacco leaves, or (as I prefer to think) fine wine. But mostly I write short. One reason, honestly, is that since I’ve sold so many short stories and have never sold a novel, I just feel more comfortable with the short stuff. It’s safe ground for me, and I’m as reluctant as the next soldier to venture far from my foxhole unless someone orders me to. Does that mean I’m not a real fiction writer? Maybe so. But it’s not a question that bothers me much. Having said all that, what possible advantages could there be to writing short stories instead of novels? Well, here are a few: (1) They can be resold. I’ve had some of my shorts published half a dozen times each, in different markets. If you’ve not signed away â€Å"all rights,† you can sell reprints over and over again. (2) They give you a sense of completion. Finishing a story and writing THE END is a great feeling, to me. I can write a short story in a matter of days, and then turn around and write something else, something completely different. (3) There’s less time invested. A novel takes months or even years to write, and if it doesn’t sell, you’ve spent an enormous chunk of time with those characters and that plot. (4) They can help build a rà ©sumà ©. Story credits in quality magazines and anthologies can make you more marketable to agents and publishers of longer works. (5) They’re good practice. Crafting publishable short stories teaches you how to write â€Å"tight.† Novels might be long, but the best novels are still focused and compact, with few wasted words. Writing short also gives you experience in creating the story arc that is so necessary in novels, screenplays, etc. (6) You don’t need an agent. I had a wonderful agent for several years who represented my short fiction (he passed away in 1999), but few agents now will take on short-story authors, and the truth is, you can probably do as well without them. (7) It’s fun. I think the process of putting together a good plot and believable characters in only a few thousand words is a thrill as well as a challenge. A final note. Some writers don’t write short because they don’t think they can. Several novelist friends (one a New York Times bestseller) have told me they think short stories are extremely difficult to write. Lawrence Block once agreed, saying: â€Å"Novels aren’t harder; they’re just longer.† And Faulkner said he tried writing short stories when he found he couldn’t write poetry, and then turned to writing novels when he found he couldn’t write short stories. I’ve also heard that writing a good novel requires a better storyteller, while writing a good short story requires a better craftsman. Is that true? Beats me. It doesn’t matter anyway. There’ll always be room for both.

Vanadium Facts (V or Atomic Number 23)

Vanadium Facts (V or Atomic Number 23) Vanadium (atomic number 23 with symbol V) is one of the transition metals. Youve probably never encountered it in pure form, but it is found in some types of steel. Here are essential element facts about vanadium and its atomic data. Fast Facts: Vanadium Element Name: VanadiumElement Symbol: VAtomic Number: 23Group: Group 5 (Transition Metal)Period: Period 4Appearance: Blue-gray metalDiscovery: Andrà ©s Manuel del Rà ­o (1801) Vanadium  Basic Facts Atomic Number: 23 Symbol: V Atomic Weight: 50.9415 Discovery: Depending who you ask: del Rà ­o 1801 or Nils Gabriel Sefstrom 1830 (Sweden) Electron Configuration: [Ar] 4s2 3d3 Word Origin: Vanadis, a Scandinavian goddess. Named after the goddess because of vanadiums beautiful multicolored compounds. Isotopes: There are 20 known isotopes of vanadium ranging from V-23 to V-43. Vanadium has only one stable isotope: V-51. V-50 is nearly stable with a half-life of 1.4 x 1017 years. Natural vanadium is a mostly a mixture of the two isotopes, vanadium-50 (0.24%) and vanadium-51 (99.76%). Properties: Vanadium has a melting point of 1890/-10 °C, boiling point of 3380 °C, specific gravity of 6.11 (18.7 °C), with a valence of 2, 3, 4, or 5. Pure vanadium is a soft, ductile bright white metal. Vanadium has good corrosion resistance to alkalis, sulfuric acid, hydrochloric acid, and saltwater, but it oxidizes readily at temperatures exceeding 660 °C. The metal has good structural strength and a low fission neutron cross section. Vanadium and all of its compounds are toxic and should be handled with care. Uses: Vanadium is used in nuclear applications, for producing rust-resistant spring and high-speed tool steels, and as a carbide stabilizer in making steels. Approximately 80% of the vanadium that is produced is used as a steel additive or ferrovanadium. Vanadium foil is used as a bonding agent for cladding steel with titanium. Vanadium pentoxide is used as a catalyst, as a mordant for dyeing and printing fabrics, in the manufacture of aniline black, and in the ceramics industry. Vanadium-gallium tape is used to produce superconducting magnets. Sources: Vanadium occurs in approximately 65 minerals, including vanadinite, carnotite, patronite, and roscoelite. It is also found in certain iron ores and phosphate rock and in some crude oils as organic complexes. Vanadium is found in small percentages in meteorites. High purity ductile vanadium may be obtained by reducing vanadium trichloride with magnesium or a magnesium-sodium mixture. Vanadium metal also may be produced by calcium reduction of V2O5 in a pressure vessel. Vanadium  Physical Data Element Classification: Transition MetalDensity (g/cc): 6.11Electronegativity: 1.63Electron Affinity: 50.6 kJ/molMelting Point (K): 2160Boiling Point (K): 3650Appearance: soft, ductile, silvery-white metalAtomic Radius (pm): 134Atomic Volume (cc/mol): 8.35Covalent Radius (pm): 122Ionic Radius: 59 (5e) 74 (3e)Specific Heat (20 °C J/g mol): 0.485Fusion Heat (kJ/mol): 17.5Evaporation Heat (kJ/mol): 460Debye Temperature (K): 390.00Pauling Negativity Number: 1.63First Ionizing Energy (kJ/mol): 650.1Oxidation States: 5, 4, 3, 2, 0Lattice Structure: Body-Centered CubicLattice Constant (Ã…): 3.020CAS Registry: 7440-62-2 Vanadium Trivia Vanadium was initially discovered in 1801 by the Spanish-Mexican mineralogist Andres Manuel del Rà ­o. He extracted the new element from a sample of lead ore and found salts formed a multitude of colors. His original name for this colorful element was panchromium, meaning all colors.del Rio renamed his element erythronium (Greek for red) because the crystals of vanadium would turn red upon heating.The French chemist Hippolyte Victor Collet-Descotils claimed del Rà ­os element was actually chromium. del Rà ­o retracted his discovery claim.Swedish chemist Nils Sefstrà ¶m rediscovered the element in 1831 and named the element vanadium after the Scandinavian goddess of beauty Vanadis.Vanadium compounds are all toxic. Toxicity tends to increase with oxidation state.The first commercial use of vanadium steel was the chassis of the Ford Model T.Vanadium is paramagnetic.The abundance of vanadium in the Earths crust is 50 parts per million.The abundance of vanadium in seawater is 0.18 par ts per billion. Vanadium(V) oxide (V2O5) is used as a catalyst in the Contact Process to manufacture sulfuric acid.Vanadium is found in the proteins known as vanabins. Some sea species of sea cucumbers and sea squirts have yellow blood because of the vanabins in their blood. Sources Featherstonhaugh, George William (1831). New Metal, provisionally called Vanadium. The Monthly American Journal of Geology and Natural Science: 69.Marden, J. W.; Rich, M. N. (1927). Vanadium. Industrial and Engineering Chemistry. 19 (7): 786–788. doi:10.1021/ie50211a012Sigel, Astrid; Sigel, Helmut, eds. (1995). Vanadium and Its Role in Life. Metal Ions in Biological Systems. 31. CRC. ISBN 978-0-8247-9383-8.Weast, Robert (1984). CRC, Handbook of Chemistry and Physics. Boca Raton, Florida: Chemical Rubber Company Publishing. pp. E110. ISBN 0-8493-0464-4.

'One of the aims of EMU was that only the global balance of payments Essay

'One of the aims of EMU was that only the global balance of payments of the European Union with the rest of the world be of im - Essay Example In the recent economic epoch it is analyzed that the economic structure of different nations in the euro zone is actually separate. The monetary inflexibility of the policies in the EMU is becoming difficult when followed under the current economic operations of different nations. There is a widespread financial crisis in the European states (Kenen, 2000). The rigid policies of EMU prevent the monetary authorities in different countries to undergo the process of deficit financing that would help the nations to pay out its creditors. The EMU aims at evaluating the currencies of its European states and thus improving their Balance of Trade. It facilitates the nations to collect higher tax revenues and achieve a successful growth in their GDP (Visser, 2004). The essay tries to show how the EMU aims at improving the Balance of Payment (BOP) situation of Euro zone states with the rest of the world. The essay will try to analyze the optimal policy that can be adopted by the European Union to improve its balance of payments disequilibria with the rest of the world. Balance of Payment and its Significance The Balance of Payment helps to take an account of the monetary transactions carried out by a nation with the rest of the world (McCombie and Thirlwall, 1994). ... The current account looks into the trading affairs mainly of tangible goods and services; on the other hand the capital account looks into the inflow and outflow of financial assets in an economy. A nation can have either a fixed or a floating exchange rate. If a country has a fixed exchange rate then the central bank of the nation accepts foreign fund inflow exactly at par with the level of fund that the nation has out-flowed. By doing so the state makes the exchange rate of the economy rigid. The BoP surplus or deficit can only be analyzed in that situation by the reserves of foreign exchange with the central bank. On one other hand if the exchange rate of a country is more flexible than the central bank does not intervene in the matters of goods and service trading. In such situation, the country’s currency evaluates if its exports are more than its imports and the currency devaluates if the imports are more than the exports. The essay will throw a light on the BoP situatio ns of the almost all the states as a whole who are included in the Euro Zone. BoP Situations of Euro Zone The countries in the European Union are undergoing severe financial crisis since the latter half of 2009. The nations are not only facing a sovereign debt crisis but also a crisis in their banking affairs. The Euro Zone nations are lagging behind other nations both in terms of competitiveness and growth. In some of the countries the crisis was so severe that to refinance their state debts they had taken assistance from the third parties. The commercial banks in the Euro zone are undercapitalized (Baimbridge and Whyman, 2008). The configuration of the nations of the Euro zone countries as a monetary

Corporate social responsibility (with an example) Research Paper

Corporate social responsibility (with an example) - Research Paper Example It is not right to say that Corporations are excluded from societies; they are part of it and hence have a role to play within in the society circle. It is the society which gives them the name and recognition, and in return there is much to be given back to the society as well (Asongu, 2007). A society could be broad in the spectrum like an oil company whose impacts are there for entire environmental system, similarly a society could be small like for a grocery store whose items are only benefited to the specified group of people. Hence Corporations are part of societies and to survive in business they have to understand the societal norms and responsibilities (Horrigan, 2010). Analysis based Point of Opinion According to scholarly literature, it can be indicated that corporate social responsibility is a modern concept and has been compiled from various definitions. According to modern literature, corporate social responsibility is a business norm that includes all the business comp onents in one domain, like it includes buyers, consumers, share holders, employees, and communities which have to be served in one system (Asongu, 2007). Hence CSR is a broad concept, a concept that reaches out to each component attached to its system (Asongu, 2007). ... In Worlds tropical regions like South Africa and North India, there have been infectious disease spreading, like malaria and leishmaniasis for which there is no cure provided just because of high poverty and fewer paybacks to the pharmaceuticals (Hirsch, 2008). On the other side, there are no cures for chronic diseases (tuberculosis) as pharmaceuticals have forgotten the moral responsibility and have prioritized wealthy attainments than society. The cures are there but the will is not and due to economic reasons and not scientific, pharmaceuticals have stopped to research and develop. It is all because the priority is wealth and money, so the norms of society, virtuousness and morality have got disappeared in the tropical regions (Hirsch, 2008). From the modern perspective, it is not wrong to say that virtue and social responsibility are just matters of the book and scripture and not more than that. According to Lynn Payer (author of Disease-Mongers, 1992) medicine industry has been dominant due to several reasons, one of the main reason is disease mongering, a concept that brutally destroys the notion of corporate social responsibility (Dossey, 2010). In the modern system, medicine industry (pharmaceuticals) generates more than one trillion dollars each year. One of the secrets for such dominating figures on revenues is disease mongering â€Å"expanding diseases and developing the demand† (Dossey, 2010). Out of the trillion, billions are spent on advertisement and marketing campaigns, which is all to bring response and acceptation from the customer. One harsh fact is that patients are customers, customers that bring demand for the industry. Hence it is not harsh to say that the system of 21st century itself is violating the