Saturday, May 23, 2020

Philippines East Asian Economic Miracle - 1388 Words

Philippines East Asian Miracle From the 1960’s through the 1990’s, during what is referred to as the East Asian economic miracle period, several East Asian economies experienced unexpected high growth that was sustained for more than 20 years. The Philippines had great potential early on to become a developed country, due to an abundance of natural resources, a special relationship with the United States, a high literacy rate, a high domestic savings rate, and a promising manufacturing sector Leipzeger 448-449. However, despite these advantages, they experienced far slower growth than many of the other economies in the region. Today, they continue to face numerous obstacles to becoming a developed state. This paper will examine some of the reasons why the Philippines’ overall economic growth during the East Asian economic miracle period, has been slower than that of the other East Asian developing countries. One of the reasons that the Philippines lagged behind their rapidly developing neighbors, is that the Philippines have historically had a political system that caters to the wealthy elite. Second, they have accumulated massive foreign debt and have made it a priority to repay it at the expense of other growth promoting ventures. Third, the Philippine government has not been successful in changing economic policies that have inhibited growth. Fourth, investment in human capital in the Philippines has not been as effective as in other countries in the region. Finally, dueShow MoreRelatedImpact Of The Asian Financial Crisis Of 1997 On The Region s Development1704 Words   |  7 PagesExamine the impact of the Asian Financial Crisis of 1997 on the region’s development â€Å"Since World war II, development has been the most important term used to describe economic, social and political changes in what have come to be known as Third world countries† (Zhang, 2003). The Asian financial crisis of 1997 had a major impact on the regions development as it was the end of the East Asian economic miracle, a time that showed staggering economic growth throughout the Asia Pacific. HoweverRead MoreAsian Rim Region Report : Geography And Demography1010 Words   |  5 Pages(Wojtan, Linda S.) The Pacific Rim roughly overlaps with the geologic Pacific Ring of Fire. This region report is focusing on the East Asia, and Southeast Asia, or Asian Pacific. East Asia can be defined either in geographical and cultural. Geographically, it covers about 12,000,000 km2, or about 28% of the Asian continent, about 15% bigger than the area of Europe. East Asia is one of the world s most populated places, with more than 1.5 billion people, about 38% of the population of Asia and 22%Read MoreThe Asian Financial Crisis and Thailand: Catalyst for Change...or More of The Same? 1647 Words   |  7 Pagessustaining rapid economic growth. What took Europe almost a century, the East Asian tigers (Hong Kong, Singapore, South Korea, and Taiwan) and the newly industrializing economies (Indonesia, Malaysia, and Thailand) accomplished in a matter of decades, which led many to believe in an East Asian miracle. However, in 1997 Thailand became the first country swept into an economic crisis that spread throughout the region within months. Why did Thailand unexpectedly fall into a rapid economic crisis and howRead MoreThe Causes of the Asian Crisis Essay21 70 Words   |  9 PagesThe Causes of the Asian Crisis The Causes of the Asian Crisis. There are many speculations about the causes of the Asian Crisis. From my research I found out that there is quite a number of reasons for the Asian currency crisis. There is a book called; The East Asian Miracle, which was published by the World Bank. This book expressedRead More1997 Asian Financial Crisis4297 Words   |  18 Pages1997 Asian Financial Crisis Angelica M. Montefalcon 4FM2 I. Introduction For about twenty years, East-Asian countries were held up as economic idols. They were hailed as the ideal models for strong economic growth of developing countries because of their high savings and investment rates, autocratic political systems, export-oriented business, restricted domestic markets, government capital allocation, and controlled financial systems. They were even stories about â€Å"The East Asian Miracle becauseRead More1997 Asian Financial Crisis4291 Words   |  18 Pages1997 Asian Financial Crisis Angelica M. Montefalcon 4FM2 I. Introduction For about twenty years, East-Asian countries were held up as economic idols. They were hailed as the ideal models for strong economic growth of developing countries because of their high savings and investment rates, autocratic political systems, export-oriented business, restricted domestic markets, government capital allocation, and controlled financial systems. They were even stories about â€Å"The East AsianRead MoreThe Philippines Amidst the Asian Financial Crisis and the Global Financial Crisis3267 Words   |  14 PagesThe Philippines amidst the Asian Financial Crisis And the Global financial Crisis I. Introduction Since before, there had been many financial crisis happened, for instance the Great depression of the 1930’s, the U.S recession of 2001 and other financial crisis. All of the country in the world has felt how severely devastating a financial crisis is, on how much problem does it give to an economy, even though the most powerful economies that produce about a quarter of the world output like the AmericaRead MoreEssay east asian crisis1420 Words   |  6 Pages East Asian financial crisis are an evidence of fact that economies are prone to fianacial pressures in spite of a stable sustainable growth rate. The East Asian economic crisis is the most important economic event in the region of the past few decades. That much is agreed. Beyond this, there is yet no unanimity about its root causes nor about the solutions. The differences of views are being debated in academic and policy circles and reflected in the media. One thing though is certain: the earlierRead MoreEast Timor Cr isis Analysis1491 Words   |  6 PagesPost independence and UN assistance, East Timor remains drastically behind other nations developmentally. Infrastructure concerns are a major domestic and government services are in some locations are non existent. Strengthening its local economy has been key and is an area of East Timorese success. East Timor boasted a GDP growth rate of 11.7% in 2014 when at independence the nation experienced little economic activity. In 2000, the government took in a revenue of 1.6 million total, mostly as dutiesRead MoreSouth Korea s Economic Crisis1534 Words   |  7 Pagesand 1996, South Korea experienced strong economic growth ever since South Korea was separated from North Korea. As the data of South Korea economy from World Bank web provides, Average growth rate was around 8 percent and inflation rate averaged 5 percent. Moreover, unemployment rate was stable below 3 percent (citation use footnote or endnote). Until 1997, Korea was one of miracle Ea st Asian countries that grew up incredibly faster than that of other Asian countries. Others believed that it is impossible

Tuesday, May 12, 2020

Analysis Of The Article On Dumpster Diving - 1222 Words

Black Friday and Cyber Monday are one of the best days for consumers in America, because everything is on sale with an unbelievable low price. According to CNN Money, business made over 50 billion dollars in the year of 2013 after these special sales event in America. In these special occasions, people purchase product base on the recommendation of the media. When consumers realized that they have no use of the product or an improved new product releases, the old product will end up in a dumpster. Americans will create environmental problem and outbreak of resource war if they continue wasting Earth’s source base on their lavish lifestyle, in which it is supported by their culture and the lack of appreciation. In the essay â€Å"On Dumpster Diving,† Lars Eighner, as a homeless person, used his own life experience as a dumpster diver to reflect on the wastefulness of American society. Eighner states, â€Å"...although if I could I would naturally prefer to live the comf ortable consumer life, perhaps - and only perhaps - as a slightly less wasteful consumer owing to what I have learned as a scavenger†(88). He pointed out how Americans are not a consumer, but a waster from a scavenger’s perspective. The comfortableness of the consumer life makes Americans think that their wasteful action is appropriate. Eighner also points out how American, specifically adolescents does not appreciate the things that they possess. Americans are one of the luckiest people in the world becauseShow MoreRelatedAnalysis Of Dumpster Diving By Lars Eighner997 Words   |  4 Pagesauthor’s opinion even if it is not an opinionated piece. In the assignment on Dumpster Diving by Lars Eighner we improved our understanding of outlines and rhetorical analysis. The assignment was to create an outline from his essay and answer questions pertaining to his tone, use of background and identify logos, pathos, and ethos. This was beneficial because of how often we analyze text everyday. When you read confusing articles for a class it helps to know how to break down each part and makes senseRead MoreStrangers: Identity Theft and Identity Fraud 1604 Words   |  6 Pagessuch as your name, address, credit card/ account number, social security, security answers, address, and any other information sensitive information you might provide to financial agencies during a phone call conversation. Another way is through dumpster diving. This is when the thief goes through your garbage and collects copies of checks, credit cards, bank statements, pre-approved applications, and any other records with your name, address, and/or your telephon e number to get access to your accountsRead MoreInformation Systems of Sterling Urgent Care Essay5684 Words   |  23 PagesWaterfall model 17 Waterfall Phases 18 System Investigation 18 System Design 19 System Implementation 19 System Verification 19 System Maintenance 19 Section 5: Information Systems and Society 20 Types of Hacking 20 Social Engineering 20 Dumpster Diving 21 Identity Theft 23 Illegal Access and Use 23 References 25 â€Æ' Section 1: Information Systems Overview What is Sterling Urgent Care? Sterling Urgent Care (SUC) is a non-existent urgent care facility located in the small town of SterlingRead MoreWriting and Research Paper2935 Words   |  12 PagesHub room 314 E-mail: patricia.green@hccs.edu Learning Web: Patricia Green CRN # 35022 Textbooks WP – the Writer’s Presence 7th ed. Some of the articles may be found online, or in earlier editions of the textbook. Read at least two articles per week. Read the Writer at Work following some of the articles. HE – Harbrace Essentials – recommended writing handbook. Strunk and White and the Purdue University Online Writing Lab can be found online (links in resources). QuestionsRead MoreSocial Engineering2447 Words   |  10 PagesIT professionals is the practice of deceiving someone, either in person, over the phone or using a computer, with the express intent of breaching some level of security, either personal or professional (Ledford, 2011.) Implementing quality risk analysis solutions while maintaining data integrity is a crucial element of successful system modeling; within the context of social engineering in the workplace, there are several factors that can make implementing those solutions rather challenging. SocialRead MoreSocial Engineering : A Form Of Identity Theft2321 Words   |  10 Pagesby IT professionals is the practice of deceiving someone, either in person, over the phone or using a computer, with the express intent of breaching some level of security, either personal or professional (Ledford, 2011.) Implementing quality risk analysis solutions while maintaining data integrity is a crucial element of successful system modeling; within the context of social engineering in the workplace, there are several factors that can make implementing those solutions rather challenging. SocialRead MoreId Theft Literature Review3137 Words   |  13 Pagesthe above would be required. Identity theft can happen in a variety of ways, but the basic elements are the same. Criminals first gather personal information, either through low-tech methods such as stealing mail or workplace records, or â€Å"dumpster diving,† or through complex and high-tech frauds such as hacking and the use of malicious computer code. These data thieves then sell the information or use it themselves to open new credit accounts, take over existing accounts, obtain government benefitsRead MoreUse and Abuse of Computers5450 Words   |  22 Pagesmonitoring, employees resist, or sue, over invasion of personal use of â€Å"their† computer. Further, e-discovery and public record requests are eroding the concept of personal use in favor of the â€Å"right to know.† E-DISCOVERY IN LITIGATION This is not an article on discovery. Electronic discovery is a huge and growing issue. E-discovery deserves mention, though, because it is a driving force in changing employers’ comp uter policies and practices. It used to be privacy cases and harassment claims which wereRead MoreHow Identity Theft Affect the Culture of Our Society5785 Words   |  24 Pagessurveys show there are currently 7-10 million victims per year, How Identity Theft Became Prevalent It is very easy for the criminals to obtain the information needed without having to break into their homes, mainly by stealing mail or â€Å"dumpster diving† where this information is included. They sift through the trash outside of businesses and residences in hopes of finding unshredded documents containing SSNs and other data. Dishonest employees can obtain personal information in the workplaceRead MoreFinancial Fraud in Canada7212 Words   |  29 PagesFINA 402 – Short-term Financial Management Term Project Financial Fraud in Canada [pic] Analysis presented to Ms. Julie Slater by Anouck Cinq-Mars (9197710) Anthony Liscio (9097856) Angelo Vaccaro (9356290) Joe Vincelli (9234403) Kyle Zarmair (9055177) John Molson School of Business April 4th 2011 Table of Contents Evolution of financial fraud in Canada†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦4 Current types of fraud Canadian financial institutions A) Internal fraud†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦

Wednesday, May 6, 2020

Influencial Connection of CIA in American Society Free Essays

â€Å"The United States has carried on foreign intelligence activities since the days of George Washington, but only since World War II have they been coordinated on a government wide basis. â€Å"1 Even before the devastating attack at Pearl Harbor, President Franklin D. Roosevelt was concerned about American intelligence deficiencies. We will write a custom essay sample on Influencial Connection of CIA in American Society or any similar topic only for you Order Now President Franklin D. Roosevelt asked New York lawyer William J. Donovan to draft a plan for an intelligence service. In June of 1942, the Office of Strategic Services was established in order to collect and analyze strategic information required by the Joint Chiefs of Staff and to conduct special operations that were not assigned to other agencies. During the World War II, the Office of Strategic Service (OSS) supplied policymakers with essential facts and intelligence estimates, and the office often played an important role in directly aiding military campaigns. The OSS never received complete jurisdiction over all foreign intelligence activities. Since the early 1930†³s the FBI had been responsible for intelligence work in Latin America, and the military services protected their areas of responsibility. In October 1945, the OSS was abolished, and its functions were transferred to the State and War Departments. The need for a postwar centralized intelligence system still remained a problem. Eleven months earlier, Donovan, at the time a major general had submitted to President Roosevelt a proposal that called for the separation of the OSS from the Joint Chiefs of Staff with the new organization having direct Presidential supervision. Donovan proposed an â€Å"organization which will procure intelligence both by overt and covert methods and will at the same time provide intelligence guidance, determine national intelligence objectives, and correlate the intelligence material collected by all government agencies. â€Å"2 Under his plan, a powerful, centralized civilian agency would have coordinated all the intelligence services. Donovan†s plan drew heavy political debate. In response to this policy dispute, President Harry S. Truman established the Central Intelligence Group in January of 1946, directing it to â€Å"coordinate existing departmental intelligence, supplementing but not supplanting their services. â€Å"3 Twelve months later, the National Intelligence Authority and its operating component, the Central Intelligence Group, were disestablished. Under the provisions of the National Security Act of 1947, the National Security Agency and the Central Intelligence Agency were established. The 1947 Act charged the CIA with â€Å"coordinating the nation†s intelligence activities and correlating, evaluating and disseminating intelligence which affects national security. 4 The Act also made the Director of Central Intelligence (DCI) responsible for protecting intelligence sources and methods. The Central Intelligence Agency Act was passed in 1949 permitting the Agency to use confidential fiscal and administrative procedures, and this Act is the authority for the secrecy of the Agency†s budget. In order to protect intelligence sources and methods from disclosure, the 1949 Act exempted the CIA from having to disclose its â€Å"organization, functions, names, officials, titles, salaries, or numbers of personnel employed. â€Å"5 The national interests of the United States require the Intelligence Community to maintain worldwide vigilance on the foreign threats to U. S. citizens, both civilian and military, infrastructure, and allies. In addition, they also seek to inform policy makers of opportunities to advance U. S. foreign policy objectives. 6 To accomplish its missions, the CIA engages in research, development, and deployment of technology for intelligence purposes. 7 Most American citizens are not fully aware of the full extent to which the CIA has effected American society. The general public has limited knowledge of the secret operations of the CIA, but the few campaigns that are open to the public prove that the CIA plays an essential role in American foreign relations. From 1953 to 1961 the CIA continued out foreign intelligence, counterintelligence, political action, and propaganda operations. During the Eisenhower administration, Secretary of State John Dulles used the Central Intelligence Agency, which was headed by his brother Allen Dulles, for covert interventions against governments that were too closely aligned with communism. The CIA moved beyond its original objective of intelligence gathering to active involvement in the internal affairs of foreign countries where such covert action suited the American ideals. In the 1950s the CIA successfully directed the overthrow of several foreign governments. When Mohammad Mossadegh of Iran seized British oil properties in 1953, CIA agents helped the shah, Mohammad Reza Pahlevi, depose him. Using both economic leverage and a repressive secret police, the shah soon fermented his power in Iran. In 1954 the CIA supported a coup in Guatemala against Jacobo Arbenz Guzman, who had expropriated 250,000 acres of land held by the American owned United Fruit Company. He also accepted arms from the communist government of East Germany. Under Eisenhower, the Central Intelligence Agency had begun training 2,000 men for an invasion of Cuba to overthrow Fidel Castro, the communist revolutionary that had taken power in 1959. On April 19, 1961, this force invaded the Bay of Pigs, but was forced to surrender. 1,200 men were captured. The CIA also tried to overthrow Achmed Sukarno of Indonesia in 1958, but again it was unsuccessful. In late 1961, the CIA was reorganized to put more emphasis on science, technology, and internal management. The agency was heavily used during the Vietnam War, from 1959-1975, in Southeast Asia. The Central Intelligence Agency has effected American society by adding security and confidence to the minds of the American people. Though much of their effects are not specifically known, the entire organization as a whole serves as a type of secret weapon against foreign countries. Its formation and operations have made the CIA a lasting part of the U. S. government. How to cite Influencial Connection of CIA in American Society, Essay examples

Saturday, May 2, 2020

Egyptain Foreign Policy In Regards To Israel The United States. The Essay Example For Students

Egyptain Foreign Policy In Regards To Israel The United States. The Essay History of the conflict in the Middle East is long and well documented. To both, and to many biased observers the history of the Egyptian/Israeli conflict is very one sided, with one government, or one people causing the continued wars between the two neighboring states. But, as any social scientist of any reputation will state, all international conflicts have more than one side, and usually are the result of events surrounding, and extending over the parties involved. Thus, using this theory as a basis, we must assume that the conflict between Israel and Egypt is more complicated than a partial observer would see it. For the purpose of this paper, we are going to examine the basic factors of Egypts Involvement and conflict with Israel, with some emphasis on the involvement of the United State, and the Western Nation in this conflict. Also, I wish to pay particular attention to the question of who, or what brought these countries into conflict. Were they both victims of their situation, or did they become actively involved in promoting conflict, or perhaps a third party source, such as the US pushed them into conflict? In 1948, the Declaration of the Establishment of the State of Israel was read by David Ben-Gurion in Tel Aviv. The Egyptians, like most of the Arab states saw this as a creation of a Western State, backed by the British Empire, and thus an imperialistic entity in the Arab homeland. Considering the past 20 years of the Egyptian state, and of most of the Arab nations, was a continual conflict again imperial powers, the Egyptian were naturally weary and afraid of any new imperialistic powers developing in the Middle East. In September 1947, the League of Arab States decided to resist by force the plan for the partition of Palestine into an Arab and a Jewish State, and when the Jewish state was created, the armies of the various Arab states entered into Palestine to save the country for the Arabs again Zionist a ggression. The Arabs were defeated and the Arab Countries saved a small amount of land, the Transjordon, and the West Bank. Similarly Egypt saved strip of territory around Gaza. The causes of this war, and Egypts involved can be examined in several ways. Obviously, the creation of the State of Israel by Ben-Gurion and his supporters provided a excuse for the Arab Nations, and Egypt to attack the Jewish population in Israel. As mentioned, the Egyptians saw the formation of Israel as an Imperialist state, and they were defending the land for the Palestinians, and more importantly for the newly developing arab unity. While the United States was not actively involved in the war, either by providing arms or providing much assistance, their actions did create an interesting and volatile atmosphere. As soon as the state of Israel was created, the United State quickly recognized the state and started diplomatic relations with the newly formed government. At the same time, the USSR recognized Israel, not wishing the US to be seen as the champion for the newly found state. Although there is no definitive proof, one can assume that Egypt, and the rest of the Arab nations felt the need to quickly react to the situation, in almost a type of fear that powers outside their Arab influence, such as the United States were quickly impeding on their territory, by using Israel as a means of their peaceful aggression.Still, Egypt was clearly the main aggressor in this instance, and was not defending their own territory, but instead attempting to obtain territory, which they did succeed in acquiring, through the Gaza Strip. The Egyptian actions quickly set the tone of conflict in the Middle East, giving the Israelis no option but the take an initial purely military response in defense of their newly formed state. In the minds of the Israeli leaders, Egypt was nothing but a threat to the existence of the Jewish state, and thus, perhaps rightly, should only be dealt with as an enemy. From the outcome of this poorly prepared war emerged Gamal Abdul Nasser, who commanded an Egyptian Army in Palestine. He organized a clandestine group inside the army called the Free Officers. After the war against Israel, the Free Officers began to plan for a revolutionary overthrow of the government. In 1949 nine of the Free Officers formed the Committee of the Free officers Movement and in 1950 Nasser was elected chairman. In 1952, the Free Officers Movement led a revolution in Egypt and took power, under the newly formed Revolutionary Command Council (RCC) , with Muhammad Naguib as president and commander in Chief. Almost all leader in the RCC were soldiers, many who had fought in the 1948 war and this seriously affected the outlook of them towards Israel, and their policies towards Israel as a state. Most of them had some type of conflicts with the British and were totally, and completely against colonial power in the Middle East, of any kind.While Naguib was the head of the RCC and the government, Nasser was the real power behind Egypt. Although the first 2 years of the RCCs existence was a struggle of power, Nasser eventually won, and the Egyptian foreign policy was dictated by him. Within a few months Naguib officially began prime minister, minister of war, commander in chief and the president of the RCC. Interestingly enough, Nasser took no direct actions during the next few years against Israel, but instead focused on internal colonization, by trying to get the British out.It should be mentioned that around this time, the great contracts against the USSR were formed and implemented. The North Atlantic Treaty Organization and the Southeast Treaty organization were supposed t o contain the Soviet Union in the west and east. The Baghdad pact, brought Britain, Turkey, Iran, Pakistan and Iraq to form a barrier on the USSRs south borders. It seems that Nasser failed to see this importance, even when Britain initially refused to talk about leaving Egypt until Nasser agreed to an alliance. This decision affected him later, when he sough foreign aid. The United States seeing the growing cold war conflict in this region sought to use the conflict between Israel ; Egypt to its advantage. While they didnt wish to offend either side, at the time, they couldnt yet pledge allegiance to either side. When in 1955, after the British had agree to eventually leave the Canal Area, Nasser started to become convinced once again that Egypt had to arm to defend itself against Israel. Still, the first attack in 1955 was Israel, when they attacked Egyptian Military outposts in Gaza. Quickly, realizing his possible situation, Nasser sought western aid only to find that neither the U.S., France or Britain was willing to help. Because Nasser had refused to join an anti-USSR alliance, he was seen as a threat, especially by people such as the Secretary of State John Foster Dulles. Nasser, then turned to the USSR and accepted soviet weapons, which put them directly against the western push for influence in the Middle East. This decision effected Nasser influence on the Western powers for it made sure than in later years that Israel, and not Egypt would get assistance from the United States or Britain. Yet, they he had no choice, except to arm himself in this manner. In Secret Britain, the United States and Israel agreed to allow Israel to attack the Canal from across the Sinai Desert. Business Plan Essay The next day, President Nixon formally asked Congress for emergency funds to finance the massive airlift of arms to Israel that was already under way. During this time, the Major Oil producers in the region cut back production to the United States as an embargo because of these actions. Israel was able to counterattack and succeeded in crossing to the west bank of the canal and surrounding the Egyptian Army. Sadat appealed to the Soviet Union for help. On October 22, the UN Security Council passed Resolution 338, calling for a cease-fire by all parties within twelve hours in the positions they occupied. Egypt accepted the cease-fire, but Israel, alleging Egyptian violations of the cease-fire, completed the encirclement Army to the east of the canal.The Soviet Union was furious, believing it had been double-crossed by the United States. On October 24, the Soviet ambassador handed Kissinger a note from Brezhnev threatening that if the United States was not prepared to join in sending forces to impose the cease-fire, the Soviet Union would act alone. Luckily the UN sent a force there to enforce the cease-fire. Meanwhile, Syria felt betrayed by Egypt because Sadat did not inform his ally of his decision to accept the cease-fire. Two days after Sadat, Syria accepted the cease-fire as well. The Israelis, however, paid a heavy price for merely holding their attackers to an inconclusive draw. The war had a devastating effect on Israels economy and was followed by savage austerity measures and drastically reduced living standards. For the first time, Israelis witnessed the humiliating spectacle of Israeli were seen on Arab television. Also, for the first time captured Israeli hardware was exhibited in Cairo.Sadats prestige grew tremendously. The war, along with the political moves Sadat had made previously, meant that he was totally in control and able to implement the programs he wanted. He was the hero of the day. In 1977 the outlook for peace between Israel and Egypt was not good. Israel still held most of Sinai, and negotiations had been at a stalemate since the second disengagement agreement in 1975. Israeli prime minister Menachem Begin was a hard-liner and a supporter of Israeli expansion. He approved the development of settlements on the occupied West Bank and reprisal raids into southern Lebanon. After the food riots of January 1977, Sadat decided that something dramatic had to be done, and so on November 19, 1977, in response to an invitation from Begin, Sadat journeyed to Jerusalem, and agreed upon peace. Many Egyptians accepted peace with Israel if it meant regaining Egyptian territories. Of the Arab countries, only Sudan, Oman, and Morocco were favorable to Sadats trip. In the other Arab states, there was shock and dismay. The Arabs felt that Sadat had betrayed the cause of Arab solidarity and the Palestinians. In spite of Sadats denials, the Arabs believed that he intended to go it alone and make a separate peace with Israel. In fact, that is what happened. In December 1977, Egypt and Israel began peace negotiations in Cairo. These negotiations continued on and off over the next several months, but by September 1978 it was clear that they were deadlocked. President Jimmy Carter had become closely involved in the negotiations. In an effort to break the deadlock, Carter invited Sadat and Begin to Camp David. The negotiations were tense and almost broke down several times. On September 17, however, Carter announced that the Camp David Accords had been reached. They consisted of two parts, the Framework for Peace in the Middle East and the Framework for the Conclusion of a Peace Treaty between Israel and Egypt. The Camp David Accords made Sadat a hero in Europe and the United States. The reaction in Egypt was generally favorable, but there was opposition from the left. In the Arab world, Sadat was almost universally condemned. Only Sudan issued an ambivalent statement of support. The Arab states suspended all official aid and severed diplomatic relations. Egypt was expelled from the Arab League, which it was instrumental in founding, and from other Arab institutions. Saudi Arabia withdrew the funds it had promised for Egypts purchase of American fighter aircraft.In the West, where Sadat was extolled as a hero and a champion of peace, the Arab rejection of the Camp David Accords is often confused with the rejection of peace. The basis for Arab rejection was opposition to Egypts separate peace with Israel. Although Sadat insisted that the treaty provided for a comprehensive settlement of the Arab-Israeli conflict, the Arab states and the PLO saw it as a separate peace, which Sadat had vowed he would not sign. The Arabs believed that only a unified Arab stance and the threat of force would persuade Israel to negotiate a settlement of the Palestinian issue that would satisfy Palestinian demands for a homeland. Without Egypts military power, the threat of force evaporated because no single Arab state was strong enough militarily to confront Israel alone. The Camp David Accords brought peace to Egypt but not prosperity. With no real improvement in the economy, Sadat became increasingly unpopular. His isolation in the Arab world was matched by his increasing remoteness from the mass of Egyptians. While Sadats critics in the Arab world remained beyond his reach, increasingly he reacted to criticism at home by expanding censorship and jailing his opponents. In addition, Sadat subjected the Egyptians to a series of referenda on his actions and proposals that he invariably won by more than 99 percent of the vote. For example, in May 1979 the Egyptian people approved the Egyptian-Israeli peace treaty by 99.9 percent of those voting.Sadats handpicked successor, Husni Mubarak, was overwhelmingly approved in a national referendum on October 24. Mubaraks main concern in regard to the Israeli conflict was concerned to regain the Sinai Peninsula for Egypt and to return his country to the Arab fold. One of Mubaraks first acts was to pledge to honor the peace treaty with Israel. In April 1982, the Israeli withdrawal from Sinai took place as scheduled. A multinational force of observers took up positions in Sinai to monitor the peace. Egypt was allowed to station only one army division in Sinai. Since then, Egypt has had a decent relationship with Israel and the United States, and it has been seen by many Arab Countries as the traitor in many circumstances. It is perceivable that without the influence of the United States the peace in Israel would have been different, if not sooner. The United States, in order to push the cold war policies saw Israel and Egypt as pawn in their global game of politics. Especially in the early years, neither country saw the United States as a enemy nor as a ally, and thus depended on it for little. Yet, both countries saw the possibility of gaining resources from the great western power, or at least its enemy the USSR.Under Carter, however the United States, perhaps for the first time, played a peace-making role in the Middle East. Perhaps Carter was being the peaceful President, or more likely he realized the need for peace in the middle east in order to lower the gas prices, and for the US to harness the immense resources of the region.