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Topic Review
2008–2009 Kenya Drought
Template:Infobox famine Between 2008 and early 2010, Kenya, one of the countries of Eastern Africa, was affected by a severe drought, which put ten million people at risk of hunger and caused a large number of deaths to livestock in Kenyan Arid and Semi-Arid Lands (ASALs), constituting around 88% of the country. The areas which experienced the worst effects were Northern Kenya, Somalia and Southern Ethiopia, most severely in Kajiado and Laikipia. These predominantly pastoral regions reported deaths of up to half of the livestock. Droughts in Kenya have become more frequent causing crop failures and devastation as three-quarters of the population are sustained by agriculture.
  • 490
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Topic Review
Hypothecation
Hypothecation is the practice where a debtor pledges collateral to secure a debt or as a condition precedent to the debt, or a third party pledges collateral for the debtor. A letter of hypothecation is the usual instrument for carrying out the pledge. A common example occurs when a debtor enters into a mortgage agreement, in which the debtor's house becomes collateral until the mortgage loan is paid off. The debtor retains ownership of the collateral, but the creditor has the right to seize ownership if the debtor defaults. The main purpose of hypothecation is to mitigate the creditor's credit risk. If the debtor cannot pay, the creditor possesses the collateral and therefore can claim its ownership, sell it and thus compensate the lacking cash inflows. In a default of the obligor without previous hypothecation, the creditor cannot be sure that it can seize sufficient assets of the debtor. Because hypothecation makes it easier to get the debt and potentially decreases its price; the debtor wants to hypothecate as much debt as possible – but the isolation of 'good assets' for the collateral reduces the quality of the rest of the debtor's balance sheet and thus its credit worthiness. The detailed practice and rules regulating hypothecation vary depending on context and on the jurisdiction where it takes place. In the US, the legal right for the creditor to take ownership of the collateral if the debtor defaults is classified as a lien. Rehypothecation occurs mainly in the financial markets, where financial firms re-use the collateral to secure their own borrowing. For the creditor the collateral not only mitigates the credit risk but also allows refinancing more easily or at lower rates; in an initial hypothecation contract however, the debtor can restrict such re-use of the collateral.
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Topic Review
System Center Operations Manager
System Center Operations Manager (SCOM) is a cross-platform data center monitoring system for operating systems and hypervisors. It uses a single interface that shows state, health, and performance information of computer systems. It also provides alerts generated according to some availability, performance, configuration, or security situation being identified. It works with Microsoft Windows Server and Unix-based hosts.
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Topic Review
Democratic Socialism
Democratic socialism is a political philosophy that supports political democracy and some form of a socially owned economy,({{{1}}}, {{{2}}}) with a particular emphasis on economic democracy, workplace democracy, and workers' self-management within a market socialist economy, or an alternative form of decentralised planned socialist economy. Democratic socialists argue that capitalism is inherently incompatible with the values of freedom, equality, and solidarity and that these ideals can only be achieved through the realisation of a socialist society. Although most democratic socialists seek a gradual transition to socialism,({{{1}}}, {{{2}}}) democratic socialism can support either revolutionary or reformist politics as means to establish socialism.({{{1}}}, {{{2}}}) Democratic socialism was popularized by socialists who were opposed to the backsliding towards a one-party state in the Soviet Union and other nations during the 20th century.({{{1}}}, {{{2}}}) The history of democratic socialism can be traced back to 19th-century socialist thinkers across Europe and the Chartist movement in Britain, which somewhat differed in their goals but shared a common demand of democratic decision making and public ownership of the means of production, and viewed these as fundamental characteristics of the society they advocated for. In the late 19th to the early 20th century, democratic socialism was also heavily influenced by the gradualist form of socialism promoted by the British Fabian Society and Eduard Bernstein's evolutionary socialism in Germany.({{{1}}}, {{{2}}}) Democratic socialism is what most socialists understand by the concept of socialism;({{{1}}}, {{{2}}}) it may be a very broad (socialists who reject a one-party Marxist–Leninist state)({{{1}}}, {{{2}}}) or more limited concept (post-war social democracy).({{{1}}}, {{{2}}}) As a broad movement, it includes forms of libertarian socialism,({{{1}}}, {{{2}}}) market socialism,({{{1}}}, {{{2}}}) reformist socialism, and revolutionary socialism,({{{1}}}, {{{2}}}) as well as ethical socialism,({{{1}}}, {{{2}}}) liberal socialism,({{{1}}}, {{{2}}}) social democracy,({{{1}}}, {{{2}}}) and some forms of state socialism and utopian socialism, all of which share commitment to democracy.({{{1}}}, {{{2}}}) Democratic socialism is contrasted with Marxism–Leninism, which opponents often perceive as being authoritarian and undemocratic in practice.({{{1}}}, {{{2}}}) Democratic socialists oppose the Stalinist political system and the Soviet-type economic planning system, rejecting as their form of governance the administrative-command system that formed in the Soviet Union and other Marxist–Leninist states during the 20th century. Democratic socialism is also distinguished from Third Way social democracy[nb 1] on the basis that democratic socialists are committed to systemic transformation of the economy from capitalism to socialism.[nb 2] While having socialism as a long-term goal,({{{1}}}, {{{2}}}) some moderate democratic socialists are more concerned about curbing capitalism's excesses, and are supportive of progressive reforms to humanise it in the present day,({{{1}}}, {{{2}}}) while other democratic socialists believe that economic interventionism and similar policy reforms aimed at addressing social inequalities and suppressing the economic contradictions of capitalism would only exacerbate the contradictions,({{{1}}}, {{{2}}}) causing them to emerge elsewhere under a different guise.({{{1}}}, {{{2}}}) Those democratic socialists believe that the fundamental issues with capitalism are systemic in nature, and can only be resolved by replacing the capitalist mode of production with the socialist mode of production through the replacement of private ownership with collective ownership of the means of production, and extending democracy to the economic sphere in the form of industrial democracy.({{{1}}}, {{{2}}}) The main criticism of democratic socialism is focused on the compatibility of democracy and socialism. Several academics and political commentators tend to distinguish between authoritarian socialism and democratic socialism as a political ideology, with the first representing the Soviet Bloc, and the latter representing the democratic socialist parties in the Western Bloc countries that have been democratically elected in countries such as Britain, France, and Sweden, among others.({{{1}}}, {{{2}}}) However, following the end of the Cold War, many of these countries have moved away from socialism as a neoliberal consensus replaced the social democratic consensus in the advanced capitalist world.
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Topic Review
Enterprise Modelling
Enterprise modelling is the abstract representation, description and definition of the structure, processes, information and resources of an identifiable business, government body, or other large organization. It deals with the process of understanding an organization and improving its performance through creation and analysis of enterprise models. This includes the modelling of the relevant business domain (usually relatively stable), business processes (usually more volatile), and uses of information technology within the business domain and its processes.
  • 445
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Topic Review
Marketing Information System
A marketing information system (MKIS) is a management information system (MIS) designed to support marketing decision making. Jobber (2007) defines it as a "system in which marketing data is formally gathered, stored, analysed and distributed to managers in accordance with their informational needs on a regular basis." In addition, the online business dictionary defines Marketing Information System (MKIS) as "a system that analyzes and assesses marketing information, gathered continuously from sources inside and outside an organization or a store." Furthermore, "an overall Marketing Information System can be defined as a set structure of procedures and methods for the regular, planned collection, analysis and presentation of information for use in making marketing decisions." (Kotler, at al, 2006)
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Topic Review
Privatization in Australia
Privatization in Australia is the process of transiting a public service or good to the private sector through a variety of mechanisms that was commenced by the Federal Government in the 1990s, receiving bipartisan support. More generally, privatization is a set of economic policies that is part of a broader system of deregulation of government services, underpinned by the ideology of neoliberalism, in order to achieve economic outcomes of growth, efficiency and productivity. Some examples of sectors that have been privatized include finance, telecommunications and infrastructure. Australia's public service has also transformed with the introduction of New Public Management (NPM) in the late twentieth century which altered public administration models to appear more "business-like" through performance evaluations that emphasize efficiency, productivity and service delivery. Another definition of privatization is reliance on "more on private institutions and less on government, to satisfy people’s needs”. The concept of privatization can be construed in a narrow or broad sense. The narrow scope of privatization is portrayed as the sale of public goods, while the broader understanding of privatization involves the transfer of "ownership, management, finance and control" of public goods to private actors. Historically, the Australian government played an influential role in society as the idea of a strong state was prevalent to the Australian story since Federation. This changed in the twentieth-century, as Australia’s adoption of privatization as a set of government policies, reflected the rise of privatization across the Western world, specifically in the United States and United Kingdom. The Australian experience of privatization involves substituting government ownership, provision and funding to the private sector, in an attempt to liberalize the economy. The effectiveness of such policies is contested, as the motivations of privatization are widely debated.
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Topic Review
Least Developed Countries
The Least Developed Countries (LDCs) is a list of developing countries that, according to the United Nations, exhibit the lowest indicators of socioeconomic development, with the lowest Human Development Index ratings of all countries in the world. The concept of LDCs originated in the late 1960s and the first group of LDCs was listed by the UN in its resolution 2768 (XXVI) of 18 November 1971. A country is classified among the Least Developed Countries if it meets three criteria: (1) Poverty – adjustable criterion based on GNI per capita averaged over three years. (As of 2018) a country must have GNI per capita less than United States dollar 1,025 to be included on the list, and over $1,230 to graduate from it. (2) Human resource weakness (based on indicators of nutrition, health, education and adult literacy). (3) Economic vulnerability (based on instability of agricultural production, instability of exports of goods and services, economic importance of non-traditional activities, merchandise export concentration, handicap of economic smallness, and the percentage of population displaced by natural disasters). As of 2018, 47 countries are classified as LDC, while five have been upgraded between 1994 and 2017. The WTO recognizes the UN list of LDCs in toto. 
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Topic Review
Paging
In computer operating systems, paging is a memory management scheme by which a computer stores and retrieves data from secondary storage[lower-alpha 1] for use in main memory. In this scheme, the operating system retrieves data from secondary storage in same-size blocks called pages. Paging is an important part of virtual memory implementations in modern operating systems, using secondary storage to let programs exceed the size of available physical memory. For simplicity, main memory is called "RAM" (an acronym of "random-access memory") and secondary storage is called "disk" (a shorthand for "hard disk drive, drum memory or solid-state drive"), but the concepts do not depend on whether these terms apply literally to a specific computer system.
  • 1.1K
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Topic Review
Scaling Local Bottom-Up Innovations
Bottom-up initiatives of active citizens are increasingly demonstrating sustainable practices within local ecosystems. Local urban farming, sustainable agri-food systems, circular supply chains, and community fablabs are exemplary ways of tackling global challenges on a local level. Although promising in accelerating towards future-proof systems, these hyper-localized, bottom-up initiatives often struggle to take root in new contexts due to embedded socio-cultural challenges.
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