How to Take Care of Your Body - 2395 Words

Why did I have you do this? I want to create a sense of awareness of yourself, your body, your ability to make even the tiniest change in your daily life. By taking the time to take three deep long breaths before getting out of bed in the morning has taught you that you can defer something that you do by mere habit. Every time you have a food choice to make, an exercise choice to make in the next ten days, return to this deep breathing exercise. It takes nothing but time and a little concentration. But, the results can be huge. Before giving in to your burning desire to have a food that you know is not on your diet plan, do your three long breaths. With your eyes closed focus on the breathing and not on your desire. By deferring, even for just a few moments, what seems to be an intense craving, you taught yourself that you have the ability to control your approach to food and exercise. Daily Exercises Here are ten exercises that can be done on a daily basis that will help you to jumpstart your body as a fuel burning machine that it was designed to be. Remember, none of these exercises require any special equipment or gear. So no excuses! EXERCISE 1: WALKING Walking is just about as natural as breathing. We’ve walked from the time we couldn’t wait to become mobile as small children. A study has shown that something as simple and easy as taking 10,000 steps a day can mean the difference between a life of obesity and a life of fitness. This means you can spend an hour a dayShow MoreRelatedEssay about muslim teachings610 Words   |  3 Pagesnbsp;nbsp;nbsp;nbsp;nbsp;The Islamic teachings about the care of the body have some similarities to our own culture. The guidelines of the care of the body are stricter in the Muslim life than in our culture. The care of the body is an important standard in the social behavior of their divine law. nbsp;nbsp;nbsp;nbsp;nbsp;Muslims believe that their body belongs to God and not to the person. That body needs to be very clean and washing the body is part of their religious rituals. Muslim has standardsRead MoreCancer Treatments Essay999 Words   |  4 Pagessupply of blood cells in the body, including red blood cells, white blood cells, and platelets. These blood cells are produced in the body and are released into the blood to perform specific functions: Red blood cells carry gases such as oxygen and carbon dioxide to and from your lungs. White blood cells help protect you from infection. Platelets help your body form blood clots to prevent and control bleeding. When cancer treatments cause a drop in blood cell counts, your body may not have enough cellsRead MoreThe Is The Grace Of Life1678 Words   |  7 PagesYour wife as Peter says is the grace of life. She is your true companion. You get to share an intimate fellowship and companionship with your wife and she is one of the greatest and most blessed gifts that God has given to you. Husbands, die to self and show honor to your wife because she deserves it. Put aside your desires, your preferences, what you want, and get to know what your wife needs, and then do everything you can to meet those needs. That is sacrificial love. For the husband who is lovingRead Moreunit 21898 Words   |  4 PagesSubstances 5.5. It is the responsibility of employees to: Ensure that they take reasonable care to protect their own health and safety and that of their co-workers and other persons in or near the workplace; Report to management any hazardous or potentially hazardous conditions or risks that they identify in their work environment; Participate in training provided by the employer, or delegate, regarding the appropriate use, care, and maintenance of PPE; Use PPE in accordance with instruction providedRead MoreDiabetes : Symptoms And Treatment Of Diabetes1058 Words   |  5 Pagesenvironment self-care behaviors, including diet and physical activity. As of 2014, there are 29.1 million people in the world that are diagnosed with diabetes. (2014 National Diabetes Statistics Report) Diabetes is a disease that affects how your body produces insulin, which then affects your blood sugar. There are two types of diabetes. Type 1 diabetes is where someone does not produce insulin at all and is typically diagnosed in early childhood. Type 2 diabetes, this is where the body does not produceRead MorePhysiology: Human Body and Word Limit Essay799 Words   |  4 PagesYour assignment now follows. Please read on. PART1 LO1: KNOW THE STRUCTURE AND FUNCTIONING OF THE HUMAN BODY Deliverables (What you should do in this task) Explain: 1. Cellular metabolism Hint: Review utilization of O2, production of CO2, H+, and ATP. 2. How the body achieves homeostasis of the internal fluid environment through excretion of waste products of metabolism. Hint: Relate this to lung and kidney functions. 3. The role of the endocrine system in cellularRead MoreUnit 4222-264 Diploma Level 3 in Health and Social Care1504 Words   |  7 Pagesindividual take medication. 1.2 Employers also have a responsibility to their staff, clients and other people who come in to contact with their services. employers need to ensure that staff are trained in how to prevent and control infection, have the equipment needed such as PPE and cleaning products as well as to check that employees are applying themselves in an appropriate manner, finding any areas that need improvement and acting upon them. 2.1 Current legislation and regulatory bodies whichRead MoreAnti Skin Care Essay946 Words   |  4 Pagesaging skin care guide? Heres the start. 3 things you shouldnt do to your skin, and a guide to how good anti aging skin care treatments will improve the look and health of our skin. Whilst you might expect a lot of voodoo and hype about anti aging skin care, its not as difficult as you would think. There are some simple steps you can take to improve the chances of your skin looking good and being healthy right into old age. Combine some basic steps with a good quality anti aging skin care treatmentRead MoreRituals of the Nacirema1106 Words   |  5 Pagesgoes on in hospitals (latipso’s), or what they think they do. I will now tell you how in Miner’s perspective, the body is ugly and how the body is dirty. In the Nacirema point of view this is how they see hospitals. In the Nacirema ritual article they call the people who dehumanize other people medicine men. The medicine men manage their sick patients dressed in costumes and headdress. The Nacirema also say how it’s rarity that patients actually come out of the latipso alive. They say the latipsoRead MoreDo Not Worry from the Gospel of Matthew Essay1114 Words   |  5 Pagesfaith, will be taken care of by God. He will know who has been faithful and believes in him and He will take care of them. God takes care of things as insignificant as lilies and grass (6:28, 6:30), He will not forget about you. Even those of little faith (6:30) will be taken clothed and taken care of. Three of the main emphasized points are water, food and clothing. These are also three of the three main human concerns. People needed to have faith that God would take care of them and provide them

O’Connor’s Use of Dynamic Grace - 979 Words

Throughout many of O’Connor’s short stories, a theme of religion and morality can be easily found. O’Connor’s stories explore a notion of struggles between her story’s main characters and their sacrilegious faults; these characters are typically depicted with the fatal-flaw of a superiority complex. This is of course, ironic due to the fact that many of these characters believe themselves to be pious Christians and though this entails that they should not retain a judgmental nature, they do so anyways believing themselves to be superior. Many times, O’Connor will introduce a dynamic character, seemingly out of nowhere, in order to test the moral-fiber of the story’s protagonist, and hopefully enlighten the protagonist with the grace of†¦show more content†¦She believes herself to be superior due to her racial status and wealth. Mrs. Turpin shouts insincere alleluias thanking God for â€Å"making everything the way it is! It c ould have been different!† (O’Connor 499) In order to make Mrs. Turpin aware of her self-righteous, bigoted disposition, O’Connor introduces a traumatic event in which a girl, disgusted by Mrs. Turpin’s demeanor, throws a book at Mrs. Turpin’s face and condemns her saying â€Å"Go back to hell where you came from, you old wart hog.† (O’Connor 500). This single action has such an impact on Mrs. Turpin that she begins to doubt her superiority and questions â€Å"how am I a hog and me both? How am I saved and from hell too?† (O’Connor 506) In the end, Mrs. Turpin has a vision of hell, her ultimate demise if she continues a path of a sinful disposition. Once again, O’Connor has used a solitary character to abruptly approach a character’s conceited nature, and introduce enlightenment. These three stories all involve a protagonist with a character flaw that remains unbeknownst to them, until a dynamic character is introduced. O’Connor uses the three stories to explore a common trait of superiority found within those who claim to be pious. Being of Christian faith herself, it is understandable that O’Connor would want to explore this notion of corruption found within those claiming to be of faith. These protagonist’s fatal flaws are meant to represent a very realShow MoreRelatedAssessment of Grandmothers Character in a Good Man Is Hard to Find1476 Words   |  6 PagesAn Assessment of the Grandmother from â€Å"A Good Man is Hard to Find† by Flannery O’Connor The grandmother who remains unnamed all throughout in the story is the protagonist and the central character of Flannery O’Connor’s â€Å"A Good Man is hard to Find, a tragic story of a family who decided to go on vacation but got killed randomly on the road by a criminal on the loose named â€Å"The Misfit†. She is endowed with a joyful spirit, a passion in life in spite of her age. She is a non-stereotypicalRead MoreFlannery O’Connors Revelation and the Power of Religion Essay1316 Words   |  6 PagesThough her literature does not preach, she uses subtle, thematic undertones and it is apparent that as her characters struggle through violence and pain, divine grace is thrown at them. In her story â€Å"Revelation,† the protagonist, Mrs. Turpin, acts sanctimoniously, but ironically the virtue that gives her eminence is what brings about her downfall. Mrs. Turpin’s veneer of so called good behavior fails to fill the void that would bring he r to heaven. Grace hits her with force and their illusions, causingRead MoreFlannery O Connor s Revelation1307 Words   |  6 PagesThough her literature does not preach, she uses subtle, thematic undertones and it is apparent that as her characters struggle through violence and pain, divine grace is thrown at them. In her story â€Å"Revelation,† the protagonist, Mrs. Turpin, acts sanctimoniously, but ironically the virtue that gives her eminence is what brings about her downfall. Mrs. Turpin’s veneer of so called good behavior fails to fill the void that would bring her to heaven. Grace hits her with force and their illusions, causingRead MoreANALIZ TEXT INTERPRETATION AND ANALYSIS28843 Words   |  116 Pagesfor they introduce us to information that would otherwise be unavailable and thus increase our knowledge and understanding of present events. Evaluating Plot Having studied a given story or novel, to see how the author has arranged and made us use the elements of plot, we should be ready to evaluate his or her success. The customary test of a plot’s effectiveness is its unity: the degree to which each episode and the place it occupies in the narrative structure of the work bear in some necessary

ISB Conceptual Framework Auditor Independence

Question: Discuss about the ISB Conceptual Framework for Auditor Independence. Answer: Introduction: LTH makes an offer to Clarke Johnson that its audit partner Geoff should address the travel agency seminar on behalf of the company in return of the audit firm being awarded the audit contract. LTH intends to leverage through the presence of the audit partner in the seminar who will be apprising the audience with the transparent manner in which the company is being operated. In other words the company is actually trying to use Geoff, the audit partner to promote their business. This situation actually creates a threat known as advocacy threat. Advocacy in this context implies an audit firm trying to support or promote the interest of their client. However the problem arises when senior members get in to the business of promoting the client. Such situations may lead to ethical compromise, affecting the independence of the auditor as well as the objectivity of the audit. (Islam et al, 2005) Safeguard from such situations are generally not easy when a client gives an option between the job and advocacy for the client. Each audit firm should have their own set of provision regarding independence of auditors and all engagement should explicitly be based on the same. If the company shows reluctance to exclude such unfair provision which increases thereat above the acceptable level, then it is better for the audit firm to withdraw from the engagement then performing without independence. (Moore et al, 2006) LTH in order to recognize the smooth audit conducted by Geoff has decided to send him along with his family to an all expenses paid trip to Greek Isles. The company intends to gift him with a voucher for the trip with duration of 14 days. The main logic behind spending such a high amount for the auditor is to ensure that there is not much negative feedback from the auditors side. In other words Geoff after spending a memorable holiday with his family at the expense of the company is expected to act as per the direction of the company and give favorable judgment during the audit. This is a typical example of self interest threat. In other words anything that is supposed to give undue benefit to the audit firm or the audit partner other than the designated audit fee is said to create conflict of interest. The audit firm should create safeguard and policies which prevents any partner from accepting any financial or non financial benefit which can reduce the objectivity in the audit or create a conflict of interest. Any such gift accepted by the partner or the team members should be declared and documented along with the monetary value and the purpose of such hospitality or gift. (Basu, 2016). Michael who is also part of the audit team sent by Clarke Johnson to LTH, is the son of the financial controller of LTH. The audit team visiting the company is responsible for examination of the accounting entries, accuracy of the internal control, examining accuracy of the book of accounts, checking the inclusion of all the accounting transaction in the final accounts, examining the disclosure, existence and valuation of assets and liabilities and truth and fair view of the overall statements. All these activities are time consuming and often require long hours of discussion with the management. Michael here feels that he has an advantage as his father has been leading the team who is preparing the financial statements. This exact kind of situation leads to the risk of Familiarity and Trust threat. (Islam et al, 2005)When the auditor has excessive trust or faith on the integrity of the client he turns sympathetic and takes a lax attitude towards the errors and misrepresentation. He then starts accepting explanation at the face value. It is obvious here that Michael will have an unconditional faith and confidence on his fathers ability and hence he will try to reduce effort of going through the above mentioned procedure of auditing to save time and effort. Needless to say, even if mistakes are detected a simple explanation from his father or the financial controller will suffice. (Myring and Bloom, 2003) The first and most important safeguard which should be initiated by the audit firm is not to nominate any member to the audit team who has any personal connection with the members of the client company. No amount of guidelines can stop the undue influence the member of the client company will have on the member of the audit team with a blood relation. Secondly even if there is no blood relation in order to avoid over closeness with the client company, partners and audit team members should be rotated periodically as a safe guard to this threat. Thirdly as followed globally audit firms are rotated mandatorily to avoid familiarity and trust threat affecting the audit result presented in the annual statement. (Icaew, 2003) Annette had a short stint at Luxury Travel Holidays where she was mainly involved in calculation of taxes and in the process of preparing accounting entries. These calculations and accounting treatments are supposed to be a part of the financial statements in the annual report for the year ended 30th June 2015. Now she is working in the tax advisory department of Clarke Johnson and happens to be a part of the audit team who will responsible for auditing the accounts of the company including the tax calculation and the accounting treatment prepared by her during her tenure at the company. In the case study, we find an obvious situation where Annette feels that since she had prepared the accounts and calculated taxes it doesnt require further auditing. This kind of behavior or attitude is popularly known as the Self Review Threat. It is quite impossible to maintain the same level of objectivity to ones own work as it is maintained for others work. People generally refuse to acknowledge drawback in there own work. Therefore the probability is very high that Annette would ignore auditing the work done by her during her association. The immediate impact would be that any mistake in it would go unnoticed. (Icaew, 2003) Some of the safeguards could be in the form of rule that any person involved in finalization of account should under no circumstances be part of the audit team. Further for large companies a suitably qualified person may be appointed to conduct surprise checks or review the work which has been carried out. The audit firm also may ask for source data to the client for various accounting treatments specially the unusual ones. Moreover all underlying assumptions should ideally be declared by the audit client. (Cpaireland.ie, 2017) Identification of Business Risk Business risk refers to happening of any significant event, actions or conditions that act as a deterrent toward the mission of the company to achieve its goal and objectives. MSL has signed contract for purchasing equipment and spare parts from suppliers globally who send the shipment to MSL operational centers. The process of purchasing from foreign suppliers attracts numerous business risks which are stated as follows (Gaffigan, 2014) When dealing with foreign clients liquidity is a very important factor. Generally cash is paid in advance to the suppliers, which are often tied for a considerable long time before the goods are actually received by the company. While the company has to bear the pressure of the advance payment often these suppliers fail to deliver the contract and it becomes difficult to recover the same from them. Moreover in spite of huge investment, suppliers are often are seen to fail on delivering quality products to enhance their own profit. The company then has to spend substantial amount on correcting the same as per the specifications. Significantly different laws and regulations provide a business risk for companies like MSL which are sourcing their products from vendors across the globe. Accordingly the company needs to have a thorough understanding of the rules regarding environmental issues, taxes and other property rights in order to save themselves from legal issues. It must be noted that prior legal judgments, internal treaties and local customs have a significant bearing on the method in with which contracts are executed. (Gay and Simnett, 2000) Audit Risk arising from Business Risk Huge amount of cash flows happens much before the goods are physically delivered to the company by the suppliers. In the time gap between the payment and physical possession of the goods price of material are often altered which might have to be borne by the company. Such situation of additional payment increases the problem of valuation of the inputs whose impact is directly seen in the purchase account of the company. Moreover it is often difficult for the auditor to keep a track of purchases with reference to the advance paid from the cash a/c due to the time lag in receiving the goods. (Ainapure and Ainapure, 2009) The auditor in order to mitigate the risk should have a considerable idea on foreign rules and regulations. Purchase of goods from foreign suppliers generally involve huge amount of money. The auditor needs to check that the amount drawn from bank or cash paid are routed through proper channels and are paid keeping in mind the foreign regulations. Since the company often makes provisions as a safeguard till goods are received, it should be checked that the provisions are appropriately treated in case of contingency or if goods are received as per the order. (Bansal, 2012) References Ainapure, V., Ainapure, M. (2009).Auditing and assurance. PHI Learning Pvt. Ltd.. Bansal, S. (2012). Auditing and Assurance. 10th ed. New Delhi: Bestword Publishers. Basu, S. K. (2016).Auditing Assurance. Pearson Education India. Cpaireland.ie. (2017). Accounting Services- Examples of Threats and Safeguards. [online] Available at: https://www.cpaireland.ie/members/technical-resource/ethics/ethical-standards-for-auditors/accounting-services-examples-of-threats-and-safeguards [Accessed 20 Apr. 2017]. Gaffigan, V. (2014). 12 Considerations for Managing Foreign Supplier Risk. [online] Lockton Companies. Available at: https://www.lockton.com/whitepapers/Foreign_Supplier_Risks.pdf [Accessed 20 Apr. 2017]. Gay, G.E. and Simnett, R., 2000.Auditing and assurance services in Australia. Sydney: Mcgraw-hill. Icaew. (2003). Reviewing Auditor Independence. [online] Available at: https://www.icaew.com/-/media/corporate/files/technical/audit-and-assurance/audit/guidance-for-audit-committees/reviewing-auditor-independence.ashx [Accessed 19 Apr. 2017]. Islam, A., Karim, W. and Van Zijl, T. (2005). AuditorIndependenceandNAS: AcomparativeAnalysisofSelected CurrentRegulatoryFrameworks. [online] Wellington: VictoriaUniversityof Wellington. Available at: https://www.victoria.ac.nz/sacl/centres-and-institutes/cagtr/working-papers/WP36.pdf [Accessed 21 Apr. 2017]. Moore, D.A., Tetlock, P.E., Tanlu, L. and Bazerman, M.H., (2006). Conflicts of interest and the case of auditor independence: Moral seduction and strategic issue cycling.Academy of Management Review,31(1), pp.10-29. Myring, M. and Bloom, R., (2003). ISB's conceptual framework for auditor independence.The CPA journal,73(1), p.30.

Development in Israel Samples for Students †MyAssignmenthelp.com

Question: Discuss about the Development in Israel Country. Answer: Introduction Israel is one of the country located in the Middle East on the southern shore of Mediterranean Sea with Red Sea in the north(Willner, 2015). The country features geographically diversified and distinct nature and characteristics within a small area of land. Israel technology and economical center is at Tel Aviv with Jerusalem being its largest city. In the year 1948, modern state of Israel came into existence post which the country has been developing rapidly. The country received mass immigration from neighboring nations leading to its population doubling. Economic situation in the country has also gained tremendous and rapid development with its 1960s GDP being US$ 1,366 to currently being at US$37,032 as per World Bank(Acs, 2007). Currently Israel ranks 35th as per its GDP with the country becoming an economic and technological powerhouse in the world. It is has been 5th in accordance to the Bloomberg Innovation Index, with over 160 Israeli businesses getting listed on NASDQ. Such enormous growth potential of the country is achieved from its economic policy setting that have transformed the nation over time. Israel has been in a state of war ever since its independence in May 1948 with six wars along with two intifadas that involves terrorism, economic boycott and intermittent diplomatic isolation(Anderson, 2007). Its war like conditions with neighboring states of Syria and Lebanon has disrupted peace in the country inspite of its several existing treaties. All trade opportunity on land has been disrupted in the country closing them also it is deprived from benefits of oil wealth in the Middle East but has to significantly bear instability in the region caused by arm race. In spite of the several challenges faced by the country, it has been able to extend a strong, modern and diversified economy with constant GDP growth, placing itself ahead of Spain, Greece, New Zealand and Portugal(Checherita-Westphal, 2012). It has been identified as one of the most emerg ing global markets by the Foreign Policy magazines Globalization Index. Israel has emerged to a Silicon Valley in the Middle East, second to California with concentration of large number of firms, attracting massive FDI and economic growth. It also ranks third in the world for number of University graduates per capita post United States and Netherlands, also with highest number of per capita scientists. Compared to other countries economic success post their independence post World War II, Israel leads on the top which is considered as remarkable by economists(Perez, 2013). The scope of this discussion analyses the economic policy and other factor changes which has led to growth and development of the nation. Analysis Economic growths in Israel have defied various predictors of sustainable growth model for economic development especially from the premise that security is necessary for attaining such economic situation. Though security might not act as a determining condition but acts as a perquisite for economic growth, as revealed by historical data. Security threats can be classified as being internal to the country or external, as internal threats comprise of law and order issues, whereas external being threats from other nations(Ahal, 2009). Israel has been facing continued threat from internal as well as external situations, however they remained refrained from proper Israel unable to harm its physical infrastructure, thus not generating much impact on its economy. Non-economic forces propelled Jewish immigrants to the country, though it affected the countrys budget in a severe manner. These immigrants further added to the pool of skilled and knowledge capital providing a rich reservoir(Klein , 2008). Further lack in military capability of resource poor Israel was instrumental in attracting large amounts of foreign capital that was primarily driven by political motives. Such transfers from Jews in Germany and economic aid from US led to economic development of the country. Lastly, Israel felt an urgent need for defense regulation that led to rise of military-industrial complex which added to economic growth with rise in export income and technological advancements. These are some of the primary factors identified that facilitated development across Israel leading to its unmatched economic growth(Papaioannou, 2008). Israel had been in a system of turbulence and uncontrolled violence that cannot be associated with positive economic development. Investors make capital investments on basis of money, time, skills, energy taking substantial risks for deriving future pay-offs from such investments. In cases of uncertainty, investors will be deterred to make any sort of investment that they are most likely going to loss out in the future. In Israel it can be thus said that it lacked FDI due to its instability in the current government structure and due to its political violence. Its economy is continuously facing war threats and attacks that destroys the conventional belief of peaceful economic development(Dzisah, 2008). Though with creation of state of Israel halted small scale hostilities but there was growing security threats from external countries. Israel was also subject to Arab boycott, which further affected economy of Israel. Hence, Israel history of economic development can be marked and grou ped in several eras. Economy of Israel has been the topic of global discussion due to its technologically advanced global standards. It has attracted global attention ranking amongst top 20 nations in the world UNs Human Development Index. It has been also successful in attaining highest development standards in Middle East, with high standards of living which can be held parallel to various European countries(Kirzner, 2009). Israels economy allows it to develop a sophisticated welfare state that has a powerful military system with technologically advanced nuclear weaponry. Its modern infrastructure includes industrial manufacturing, high-technology companies, diamond polishing and cutting companies and so on. Israel is however poor in its natural resources and is dependent on imports of several items including wheat, motor vehicles, petroleum, uncut diamonds and so on. Its high import of natural gases might be changed with recent exploration of natural gas in the country(Head, 2010). At present the GDP of the country is about $339.990 and growth rate is 3.8%. GDP per capita for the country is $39,125 and sector wise GDP is 2.3% agriculture, industry 31.7% and services 66%. The labour force is 3.595 million and its occupation. It has highest levels of Public Debt which accounts for 62.1% of GDP. Economic dynamism of Israel has attracted interest globally from various large investors in U.S. Israel economy has been across industries and investments. Israel has been facing various long-term challenges in its economic prosperity. In the short-term period there is inability to duplicate its success in field of telecommunications and technology but over a long-term period the country is unable to develop multinational corporations. There are also challenges from high dependency from Ultra-Orthodox Jews, who have low levels of official labour force participation(Putterman, 2010). Growing poverty amongst the sect of Jewish population has hurt the overall growth in the economy. Economic gr owth of the country is depicted by way of rankings and benefits that the country has gained post its independence. Israels trade and benefits have harnessed its development also governmental policy of the country has added to its robust growths. Israels government has been focused on developmental endeavors for creating an unique state that can render efficiency all over the world. First era of Israel economic development is referred to as the pre-state Yishuv. Roots of Israels economy can be found in pre-state Jewish settlement that was initiated in the 1880s, which was known to be Ottoman-controlled Palestine. Israels economic activities was led by socialist immigrants from Easter Europe as well as from Russia(Abu?Bader, 2008). They developed a number of agricultural settlements which had low access to water resources. Their focus on agriculture led to Israel developing of self-sufficient terms of agricultural technology. Later the Jewish population kept growing with Histadrut trade union functioning as a labor advocate leading to Israels futuristic developmental paths. Histadrut came to own several businesses and functioned as an integral state employment structure, especially aiding immigrants. Money from Histadrut was contributed to development of agricultural, manufacturing and construction related field, this furthered Israels economic model. Initial dep endence of the Jewish immigrants based economy was on small manufacturing and agriculture, which started prospering in a relatively secure environment(Cukierman, 2008). Post-independence of the economy, the state was faced with high costs arising from mass immigrant absorption, building new institution and defense costs. The need for a government agency which could infuse public money into the economy for its development was envisioned. Since May 1948 Israel witnessed early immigration explosion posed a formidable challenge. Immigrants numbers arose with at a rate of 22.7 percent on an annual basis. These immigrants were dependent on Israel for housing, education, language instruction, job training, and also for employment. Multiple immigrants were from North African countries and Middle Eastern with a large proportion of children. Such immigration powered Histadruts job-dispensing but led to labor shortages(Bolt, 2014). For the purpose of administering the then governments social and Economic Growth economic programs, the country still had to depend on outside funding in spite of its well-developed bureaucracy from the yishuv. In the 1950s and 1960 s Israel attracted little foreign investment but saw high growth. The country lacking exploitable natural resources with only a small and fledgling domestic market, with a heavy handed government intervention its GDP arose to an astounding 30.1 percent in 1951. Israel had to government-financed defense industry which is considered most significant change in its economy post 1967 War. The pre-state yishuv often wanted to purchase arms from abroad but it was forged, when in 1967 Israels military sector initiated production of communications equipment and light arms(Brender, 2008). It gained success in its production and thus started production of sophisticated weapons systems consisting of missiles, fighter jets and tanks starting to export them as well. Post war it accelerated its military needs led to formation of a local industry. Military production paced which was influenced by a War of Attrition with Egypt in 1960s and also to deal with cross-border terrorist attacks. An important incident which was the French arms embargo leading to hostilities, led to restricting of Israels main supply of weapons from the U.S. refusal. This forced Israel into heavy debt for financing its private consumption leading to inflation reaching double digits. Overhauling of Israeli currency help adopt to reforms for curing of public spending. The government in the country implemented economic programs for construction of insurance, construction, health services and business development that created economic boom but privatization overall weakened influence of Histadrut(Sadorsky, 2010). Israel experienced massive immigration from the former Soviet Union, who were dynamically high tech operating in favorable geopolitical climate provided by the Middle East peace process. Collapse of the Soviet Union rising political and economic turmoil forced almost 900,000 new immigrants to Israel leading to its population of 4.56 million. Various progress in solving conflicts made it an attractive investment target. Israels sense of legitimacy emerging as an economic partner has led to its precarious position in the region which impacts FDI inflows from other countries. Israelis came together with representatives from other Arab governments creating a body for the Middle East-North Africa (MENA) economic summits increased creation of peace agreements in the region. Israels tourism sector received high levels of growth, due to its strong sector in the economy(Hoekman, 2008). Focus on tourism sector did not deter investment in regional water or transport development or in defense. But starting of Arab-Israeli conflict with starting of Palestinian suicide terrorism in Green Line though dampened but did not deter its economic development. Israel was deeply impacted economically by the influence of terrorism in 5 years which created huge burden. Though the economy started recoveri ng since the 1990 yet many researchers attach Asian economic crisis or U.S. high tech bubble crisis with the fall out. Israel was thrown back in history with beginning of Palestinian terrorism attacks coupled with U.S. tech bubble burst and slowdown, it is assumed to the worst recession that the country has ever faced in its history. Economy of the country began contracting with prevailing dangerous security situation coupled with global economic crisis. The economy declined by one percent in 2002 also with contracting of its GDP by .06 percent in 2001.There was tremendous rise in unemployment which crossed 20 percent. Tourism that constitutes a major portion of the economy with cost of $1.7 billion fell to more than 50 percent in 2001(Breznitz, 2007). Israels currency shekel feel in value against the dollar Defense expenditures leading to fall in government receipts. Industries those relied on Palestinian labor as construction and agriculture feel creating a negative impact on the economy. Many non-high tech industries were deeply affected by the violence creating impact on the hotel and hospitality sectors due to which the government announced an almost $100 million emergency loan forwarded to the hotel industry. Palestinian violence led to a cost of almost $200 million towards property damage, payments to victims and so on. Inspite of several challenges there has been tremendous amounts of violence with the Arab-Israeli conflict. Israel is experiencing war with surrounding Arab states since a prolonged period of time which has caused several destruction in the country and to its economy. Terrorism has been threatening existence of tourism in Israel, which contributes to a significant amount in the countrys development. Terrorism has dampened growth and deterred economic development for quite some time now(Fagerberg, 2008). However, there are no governmental policy that can support and provide a stable economic environment that is conducive for growth. Israel has been striving continuously for attaining competency with its skilled levels of immigrants. Primarily contributor to the immense development of Israel can be attributed to the entrepreneurship ambience in the country provided by the government. The government provides ample freedom and opportunities for business set up, further there are foreign funds inflow on which there is relatively less amounts of restrictions. Technologically skilled immigrants with jobs available, innovated and developed several companies in the country. These highly skilled employees not only developed companies but also set up technical institutes for training of more staffs and employees. More young and energetic people were trained in a technological field that led to development of the nation further. Training of more young and energetic people will create more companies and jobs for future. Israels economic development has been powered by its potential of human capital possessing immense skills that has capability to render various expertise and excellence similar to those compared to Silicon Valley. Technology export and catering to large number of domestic clientele has resulted in creation of opportunities within the country. Large number of immigrants brought with them potential opportunities of being consumers and further adding to the robust economic development and growth. Immigrants had connection with their counterparts in other countries which helped attract more amounts of funding from foreign sources. As more and more immigrants enter the country better will be its economic development. The government in the country exerts limited amount of restrictions on immigrants making it a more lucrative country to come in and settle. Jews and other community people who faces threats in their countries have been known to immigrate and settle in Israel since a long periods of time and the trends continues to set in. Israels key capital has been always its heavy reliance on its immigrants and skill as well as knowledge transfers. Educated immigrants in the country have paced up its rate of scientific and other research development. Owing to conducive infrastructure that has prompted scientific and other innovative development, Israel has emerged to a leading country. Burden of terrorism has almost reduced earnings from tourism sector to a negligible amount. Workforce has developed over the years tremendously in the country owing to its increased productivity with commercialization on innovation. Large number of immigrants also provided the economy with a large consumer base in the domestic market alone. In recent times immigration has been propelled to an extent that is affected by means of noneconomic forces, through instable security situation. Immense economic motivation from Soviet Union immigration, has made Israel the second best destination post U.S. Foreign Transfers accounts for a large amount of Israels economic development as such robust rate of economic development. Without such foreign transfer including aids from U.S. such high levels of economic growths would not have been possible. Similar to other emerging markets, Israels strong reliance on foreign funds has largely been due to lack of precious resources and lack of stability in bordering areas. Governmental policy that attracted investment from abroad primarily attracted funds from Jewish immigrants. The government reliance on U.S. aid depicting its political and ideological reliance further helped manage more aids towards the country. Funds also came from Germans Jewish communities who felt more attached to the country emotionally. Such transfer led to profitafforded successive Israeli governments for directing development and subsidizing standard of living. The economy of Israel thus, continues to grow with governments policy allowing foreign funds in setting up businesses led to emergence of highly inn ovative tech companies. Democratic government with low levels of intervention in businesses and other related policies further helped in free flow of investments that is directed at developments. Indirect aids received further helped the economy in indirect infrastructure development of the country. Infrastructure development coupled with direct investment in companies allowed economic expansion of the country. Conclusion Israels un-parallel success and economic growth are unique in nature to the Jewish history and Jewish state. Factors leading to success of Israel are multiple in nature, primarily being existence of Jewish Diaspora that lead to immigration along with economic with ideological support. The nation was created post Holocaust at onset of Cold War induced Germans, which led to combination of local ingenuity along with foreign funding enabled the country to developed at a fast pace. Apart from accepting ingenuity of people coupled with funding especially from US, there were other determinants of growths especially as Israels adoption of democratic form of government. Its government ensured responsible development, through at several instances it has been held responsible for its prevailing wars. Israel hence gained an advantage in international politics. Significant economic growth has been facilitated through measures of social capital and humans. Immigrants who came into Israel, brought in skills and education along with them which facilitated the nations development. These immigrants helped develop strong academic institutions for training of native Israelis in terms of latest technologies. Israelis shared a religious and national devotional ideology for creating a successful state. Such attitudes allowed Israelis to solves various challenges in a collective manner for building of a strong civic support towards economic development. Though Israel has achieved tremendous success it cannot be adopted as a developmental model in spite of its unique factors. However, in general terms Israel provides a learning that can go against any type of conventional expectations, as they have denoted economic growth even in absence of security. References Abu?Bader, S. .?Q. (2008). Financial development and economic growth: empirical evidence from six MENA countries. Financial development and economic growth: empirical evidence from six MENA countries., 803-817. Acs, Z. J. (2007). Entrepreneurship, economic growth and public policy. Small business economics, 109-122. Ahal, S. N. (2009). U.S. Patent No. 7,627,612. Washington, DC: U.S. Patent and Trademark Office. Anderson, S. (2007). The economics of dowry and brideprice. The Journal of Economic Perspectives, 151-174. Bolt, J. . (2014). The Maddison Project: collaborative research on historical national accounts. The Economic History Review, 627-651. Brender, A. . (2008). How do budget deficits and economic growth affect reelection prospects? Evidence from a large panel of countries. The American Economic Review, 2203-2220. Breznitz, D. (2007). Industrial RD as a national policy: Horizontal technology policies and industry-state co-evolution in the growth of the Israeli software industry. Research Policy, 1465-1482. Checherita-Westphal, C. . (2012). The impact of high government debt on economic growth and its channels: An empirical investigation for the euro area. European Economic Review, 1392-1405. Cukierman, A. (2008). Central bank independence and monetary policymaking institutionsPast, present and future. European Journal of Political Economy, 722-736. Dzisah, J. . (2008). Triple helix circulation: the heart of innovation and development. International Journal of Technology Management Sustainable Development, 101-115. Fagerberg, J. . (2008). National innovation systems, capabilities and economic development. Research policy, 1417-1435. Head, K. M. (2010). The erosion of colonial trade linkages after independence. Journal of international Economics, 1-14. Hoekman, B. . (2008). Services trade and growth. Kirzner, I. M. (2009). The alert and creative entrepreneur: A clarification. Small Business Economics, 145-152. Klein, M. W. (2008). Capital account liberalization, financial depth, and economic growth. Journal of international money and finance, 861-875. Papaioannou, E. . (2008). Economic and social factors driving the third wave of democratization. Journal of comparative Economics, 365-387. Perez, N. (2013). The privatization of Jewishness in Israel (or, on economic post-Zionism). Israel Affairs, 273-289. Putterman, L. . (2010). Post-1500 population flows and the long-run determinants of economic growth and inequality. The Quarterly journal of economics, 1627-1682. Sadorsky, P. (2010). The impact of financial development on energy consumption in emerging economies. Energy policy, 2528-2535. Willner, D. (2015). Nation-building and Community in Israel. Princeton University Press.