Discuss the differences between 'world cinema' and Hollywood cinema Essay

Discuss the differences between 'world cinema' and Hollywood cinema. Explain why the term 'world cinema' has gained popularity in recent years - Essay Example Economic status of the country is one of the major factors that influence the film text of a country's cinema. An example is the cinema of Vietnam. French trained Vietnamese director Tran Anh Hung, most of his cinematic context was inclined about the ongoing war in Vietnam (Johnson 2003). His movie titled Cyclo (1995) was set in the 90's Vietnam, even it was a gangster movie, hints of war were still traced in the background (Ko, 1999). In 1986, Vietnam's economy plummeted. This greatly affected the filmmaking industry as they cannot respond anymore to the need of cinematic development prevailed during the 80'up to the 90's, started by the Hollywood cinema. The text expressed in Cyclo was very rich and realistically executed as the film portrayed the destituteness of the citizens in the country (Johnson 2003). It was played and recognized in many countries. The movie Ang Pagdadalaga ni Maximo Oliveros (2005) (The Blossoming in Womanhood of Maximo Oliveros) is from the Philippine cinema. The film garnered handful of recognition and awards from various independent film award-giving bodies of different countries. The movie is a dimensional portrayal of the Philippines' condition in allusion. The hero is a homosexual boy that is set to bloom in womanhood, whereas he supposed to get developed in manhood. The discrepancy is suggestive in the very title of the movie about the contrariety of the development of the country regarding poverty and hunger (Thomas 2006). The expected development of the country towards rise of its economy was never portrayed, but the citizens were depicted already adjusted with its economic condition as though being softened, as juxtapose of the main character's nature. Using a homosexual for main character gives a new perspective yet more precise of depicting the country in its economic slum, and the effect of its modernization to the people (Thomas 2006). Cinema of Morocco produced a film titled Jawhara. The movie was noted internationally and has been reviewed online by various critics. Hachim Raji of Babel Med, an independent multi-cultural website for journalists in Mediterranean, stated that Jawhara is movie that was "practically the first film to tackle the dark period of the lead years in Morocco". The film was about a little girl borne and raised inside a prison cell all through out her mother's incarceration term. The cruelty of the country's former administration was strongly depicted in the movie, but delivered presently as reflection of the current administration of its any possible stir (Raji 2007). By the depiction of the situations in the very movie you can easily tell how Morocco as a nation is. Police brutality and suppressed human rights reflects the economic status of the country (Raji 2007). Technological equipment in making film of a nation can also affect the film and define the country's technological development as well. Other country can afford to use more advance technology in making their film, even the very theatrical venue of representation of the film. Hollywood can provide a film that is polished by computer technologies in graphics and animation-required text. Hollywood legendary films like the saga of Star Wars by George Lucas, and Extra Terrestrial of Steven Spielberg

The Decrease in the APE, a Decrease in the ASF and a Sudden Rise in Essay

The Decrease in the APE, a Decrease in the ASF and a Sudden Rise in GDP Demonstrated Graphically - Essay Example A demand shock - fall in APE In the diagram above, we consider the effect of a fall in APE. The immediate response from businesses is to wait to see if the APE returns to its initial height. When it does not, the output-price adjustment process is initiated which leads to falling prices, output, employment and profits until the equality between GDP, ASF and APE is restored. The fall in output and employment however will continue until prices and profits return to their initial levels. Next consider the impact of a decline in ASF. The initial funding adjustment will manifest in the form of a sharp rise in interest rates. Figure 2: Impact of fall in ASF - money and credit caused recession The following output-price adjustment process like the earlier case will involve drops in output, employment, interest rates, prices and profits until GDP=ASF=APE. Output and employment will continue to fall until profit and prices rise back up to their initial levels. At the end of the coordination procedure, output and employment will be down while interest rates will be up but prices and profits will be restored to their initial levels. Finally, consider the impact of a rise in GDP. The initial impact will be a rise in interest rates. Then, as the producers react to insufficient demands, output and employment will fall back to the initial levels. But this situation wi ll lead to a demand caused recessionary scenario which stimulates the coordination procedure described in the first case in this chapter. ... The APE line shifts out leading to excess demand which in turn leads to a rise in interest rates. However, since ASF is unresponsive to interest rate changes, this rise in interest rates will have no impact on ASF and i continues to rise until it reaches i1 which signifies the new equilibrium interest rate since at this rate, the entire rise in APE is crowded out and we once more have the equality. The opposite mechanism would have been triggered in case of a negative shock to APE hitting the system. This is shown in the diagram below. Figure 5 Thus, we see that a shock to APE only leads to a movement in the interest rate in the same direction while GDP, employment and prices are left unchanged. Thus, the classical doctrine implies that interest rates are flexible enough to accommodate for any shocks to APE such that movements in the interest rate absorbs the full brunt of the shock and GDP, employment and prices are left unchanged. Next, consider the impact of a shock to ASF. This i s shown in the diagram below. Figure 6 In this case it is actually the price level that responds while all other aspects remain the same. Interest rates change initially but they are restored back to the initial levels as price adjustments take place and the ASF line is restored to its original state. It is pertinent to note that imbalances between the aggregate demand and supply of output was assumed to be cured entirely through price adjustments since the classical economists believed that businesses maintained a particular level of output and profits which remained fixed so that whenever this level of output exceeded or fell short of funded demand, price adjustments would take place which increased or curtailed the