Training And Developmet Essay examples - 1439 Words

Every organization whether operating for profit or for some other ends has a mission, a clearly defined purpose for its existence. An organization must have some strategic plan and an appropriate (complimenting) structure in order to achieve its long term goals and objectives. Strategic planning involves identifying and evaluating the organizations goals and determining what strategies and resources are needed to accomplish these goals. The organization depends on having the people with the right skills, attitudes and capabilities to effectively reach its goals. HR strategy is concerned with designing and implementing programs, processes and initiatives to attract develop and retain such people (human resources). Once a†¦show more content†¦When designing training and development one must be fully aware of the contents and targets of the proposed program. In its execution the person responsible must know how to teach, must understand how people learn and must comprehend the objectives to be reached, the environment were such program may be taking place is also crucial. The success of training and development can not be achieved unless all participants are willing participants, this is especially true in the case of development since a person may be forced to undergo some training in order stay in line with his/her job requirements but may not be pushed/forced to develop. Personal development is a life long act of constant improvement it involves expanding, enlarging or refining ones personal attributes/characteristics related to all factors and aspects (work, family, peersÂ….) influencing ones life. Personal development enables a person to improve his/her own self-esteem, develop a sense of self-responsibility, become familiar with the values needed for life in society as well as develop competencies required to interact with others in a positive and effective manner. Development within the organization leads to a more competent and better equipped workforce, an increase in the value of human resources allows the organization to constantly improve and cope with new obstacles created by both internal and external influences. DevelopmentShow MoreRelatedCase Study Analysis Paper1328 Words   |  6 Pageslack of training given to Carl when he started, he was unable to complete his job successfully. Background ABC, Inc. just hired this new recruiter about six months ago named Carl, who was completing the work needed to start his first set of new hires in April. Most of the administration was proud of him because this was his first recruitment effort, and he was able to hire on 15 new employees for Monica Carrolls, the Operation Supervisor at the company. He scheduled the new-hire training to takeRead MoreAvoiding Cross Cultural Miscommunication1164 Words   |  5 Pagesmanagement and employees be trained in the new adopted culture. There are effective strategies in which our organization can adapt to the culture in our organization. According to an article on alignment and how it works an why it matters in Training Magazine, organizational alignment can only be achieved wen our strategic goals and cultural values are consistent with each other. so, if we follow my recommendation and have a study of our organizational culture and if it reveals a need for changeRead MoreCoca-Cola Sustainable Development8120 Words   |  33 Pages..........19 2.5.1 Coca-Cola Management System (TCCMS)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..19 2.5.2 Product variety†¦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‚¬ ¦19 2.5.3 Suppliers and customers partnerships†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..20 2.5.4 Huamn rights†¦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‚¬ ¦...20 2.5.5 Educating and training†¦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‚¬ ¦...21 2.6 Criteria†¦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‚¬ ¦..21 2.6.1 The water and enegy use raion improved by 2% and 4% as well as 98% of products delivered in recyclable packaging†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦21 2.6.2 The communities are benefited from Coca-ColaRead MoreA Multivariate Analysis Of School Administrator And Teacher Perceptions Of School Climate8543 Words   |  35 Pagesindividual climate domains. This study is important because it helps bridge the gap between previous school climate research and school leadership practice. Findings are presented and discussed with potential implications for school administrator training and development programs, and further research. The setting for this study is ten elementary schools in southeastern Virginia, each served by a principal/assistant principal administrative leadership team, and 25 – 35 classroom teachers per schoolRead MoreMarketing Implementation8923 Words   |  36 Pagesthrough continual reminders. (H1) • Market orientation requires a certain amount of risk taking.(H2) • Interdepartmental conflicts reduce market orientation (H3) (To reduce these conflicts it could be handy to accomplish interdepartemental training programs, cross functional activities, and alignment of departmental performance objectives by focusing them on markets(customer satisfaction)) • Connectedness creates a greater market orientation (H4) • The role of market based reward systemsRead MoreFinal Answers 1 Essay12505 Words   |  51 Pagescollaboration among team members, manage team performance, and generate opportunities for success. 10. Provide development opportunities for team members. This includes the application of a variety of developmental interventions such as classroom training, coaching and mentoring, development assignments, feedback-based activities, and self-directed learning. 17. What are some of the reasons project scheduling is not done well? Several problems with project scheduling are discussed at the end ofRead MoreManaging Production Ramp-Up in Manufacturing Networks14551 Words   |  59 Pagesproducts with improved product functionalities. Another study by Rogers et al, they employed a conceptual framework that integrated the idea of knowledge harnessed from training as a driver of ramp-up performance with the theory of innovation, signifying that ramp-up performance is determined by two kinds of learning and training activities which include five levels of innovation that include personnel novelty, supplier, process, product mix as well as product. This study provides a well-built practical

Drug Abuse And The Criminal Justice System Essay - 1085 Words

Case Review Although Michael was in fact convicted of burglary, he also tested positive for heroin and marijuana. Michael is an adult male 50 years of age, he has a history of prior convictions such as, †¢ Driving under the influence †¢ Disorderly conduct †¢ Attempted burglary †¢ Drug possession †¢ Receiving stolen property With this information noted it determines that Michael is a repeat offender and have not receive any treatment for his dependence. There are many things to considered as it pertains to his addiction, one being the lack of effort from the criminal justice system to assist Michael with treatment options. Understanding and patience will be the approach to Michael, this is his first time receiving assistance with his drug addictions so he must be educated and have a treatment plan (Argosy, 2016) Alcohol, heroin and marijuana are related to Michael’s drug abuse therefore they must be address first. The root to his convictions is addiction, so if they drug abuse is addressed first then what he is convicted of can help him becoming more willing to accept the things he has done. The other areas are Michael’s attempt to burglary and receiving stolen property, this may be in relation to him stealing to supply himself with his drug of choice. The instrument of treatment that will be suit Michael will be individual counseling then merging in group counseling. This will be a fundamental instrument because of the advantages that come with this form of treatment. GroupShow MoreRelatedDrug Abuse And Its Effects On The Criminal Justice System900 Words   |  4 Pagesall of the efforts put fourth in attempting to better educate and stop drug use in America studies show that drug use by juveniles has substantially increased within recent years. According to the National Institute on Drug Abuse (NIDA) juveniles as young as eighth grade are using drugs such as marijuana on a daily basis. Unfortunately, most of these juveniles have also experimented with alcohol at this age as a gateway drug to start using marijuana and so forth. (NIDA) There are many aspects thatRead MoreThe Effects Of Drug Abuse On A Criminal Justice System2212 Words   |  9 Pagesâ€Æ' Abstract Drug abuse is a social problem America has faced for years that is continuing to get worse as the years go by. Drug abuse has a negative effect on many different individuals, families, friends, and society as a whole. Drug use is frequently tied into crime and incarceration. Looking into ways to lower the possibility of inmates returning to drugs and incarceration can help lower the abuse of drugs for the entire society. Lowering the use of drug abuse can help heal people and their relationshipsRead MoreEconomic Impacts Of Drug Abuse1013 Words   |  5 PagesEconomic Impacts of Drug Abuse in the United States Drug abuse is a major public health issue that impacts society both directly and indirectly; every person, every community is somehow affected by drug abuse and addiction and this economic burden is not exclusive to those who use substance, it inevitably impacts those who don t. Drugs impact our society in various ways including but not limited to lost earnings, health care expenditures, costs associated with crime, accidents, and deaths. The useRead MoreYouth Violence, Three Strike Legislation And Drugs1660 Words   |  7 PagesAbstract Youth violence, three-strike legislation and drugs in communities present major challenges facing criminal justice leaders. In this report, the use of literature review to capture the statistics and factual material has been instrumental. Apparently, the rates of youth violence remains relatively high despite the attempts to enact legislations such as the three-strike law. Drugs and related offenses have also plagued many communities. To address these issues, the report provide various relevantRead MoreRelationship Between Drug And Crime1050 Words   |  5 PagesIs There a Relationship between drug and crime? Is there a relationship between drug and crime? My topic is deliberately based on whether or not there is a relationship between drug crime. My reasoning and facts should persuade you to believe that crime drug are related. My essay will have quotes, facts, and reasoning, which will all revolve on my essential question. Drug related offenses and a drug-using lifestyle are major contributors to the U.S crime problem. Provisional data from 1991 showRead MorePrescription Drug Abuse : Drug And Free World1508 Words   |  7 Pagesaged 12 to 17 abuse a prescription pain reliever for the first time (â€Å"Prescription Drug Abuse Statistics – Overdoes Deaths – Drug-Free World,†n.d.) A 2007 survey in the United States found that 3.3% of 12 to 17 years olds and 6% of 17 to 25 year olds had abused prescription drugs in the past month (â€Å"Prescription Drug Abuse Statistics – Overdoes Deaths – Drug-Free World,†n.d.) Prescription drug abuse causes the largest percentage of deaths from drug overdoses (â€Å"Prescription Drug Abuse StatisticsRead MoreDrug Abuse Effects1320 Words   |  6 PagesDrug abuse is a major public health issue that impacts society both directly and indirectly; every person, every community is somehow affected by drug abuse and addiction an d this economic burden is not exclusive to those who use substance, it inevitably impacts those who dont. Drugs impact our society in various ways including but not limited to lost earnings, health care expenditures, costs associated with crime, accidents, and deaths. The use of licit or illicit drugs long term, causes millionsRead MoreWomen are being incarcerated in today’s prisons at an alarming rate. Unfortunately, disparities in1600 Words   |  7 Pagesdisparities in policies, women’s programs, and treatment options in the criminal justice system are virtually non-existent which are causing major problems with overcrowding, health issues, and drug abuse problems. It is no secret that the number one reason women are being incarcerated is due to a large rate in drug charge policies. The war on drugs has had a major impact on the lives of women in the criminal justice system. This policy has punished women disproportionately to the harm many in ourRead More235764916 CJA 394 Week 1 Criminal Justice Overview Paper SAMPLE page only1665 Words   |  7 Pagesï » ¿ Select one of the following issues: †¢ Racial profiling †¢ Prison overcrowding †¢ The war on drugs †¢ Increased use of technology †¢ Cultural diversity Write a 1,050- to 1,705-word paper addressing how your selected issue affects the criminal justice system as a whole. †¢ Describe some of the change(s) the criminal justice system as a whole has made in response to the issue you selected. †¢ Include your opinion on whether the changes are sufficient. Should more changes be made, and if so, what changesRead MoreMass Incarceration : The Color Of Justice Essay1352 Words   |  6 PagesMass Incarceration: The Color of Justice (DRAFT) Racial discrimination in the United States has been a radical issue plaguing African Americans from as early as slavery to the more liberal society we see today. Slavery is one of the oldest forms of oppression against African Americans. Slaves were brought in from Africa at increasingly high numbers to do the so-called dirty work or manual labor of their white owners. Many years later, after the abolishment of slavery came the Jim Crow era. In the

Public Administration Financial Budget and Policy

Question: Discuss about thePublic Administrationfor Financial Budget and Policy. Answer: Introduction The policy making process in the economics can be defined as the decision taken by the government, which provides the guidelines for the functioning of public administration of a nation. The economic policies aim to influence the behavior and the economy of the country. The major decision made by the government that include the taxation policy, financial budget and policy of the labor market in national ownership are few of the major elements of economic policy. The Neo-liberalism is one of the most popularly used economic policies in social studies, which involves the extensive liberalization of economic policies. The concept emerged during the period of 19th and early 20th century. The main concept of this policy includes the transfer of power from the public to the private sector. The concept is based on the neoclassical approach of economics that is related to the supply and demand chain circle within a nation (Harvey, Steger Roy 2015). On the other hand the populism is a popula r political concept of a nation that is intended to get the support of the people and fulfilling their demand. According to Mudde Kaltwasser (2012), the meaning of the populism can vary depending on the demand of the ordinary people and political objective of the government. In this report, the concept of theories relating to neo-liberalism and populism is discussed in details along with the strength and weakness of individual theories. The justification of the best models that can be applied to eliminate the level of poverty and accelerate the rate of developing countries is provided. The positive and negative aspects of these theories are also discussed. Neo Liberalism and Populism The concept of liberalism is one of the most popularly used political philosophies that are aimed in disturbing equal power among all section of people in the society. According to Duggan (2012), the concept of neo-liberalism is used by all the major economic scholars of early 20th century to define the economic liberalism that originated during that time. The main idea behind this concept is based on shifting of economic power from the public to the private sector. The introduction of this concept in a state can result in the lowering of the administrative control of the government. The concept of neo-liberalism is based on the basic principles of neoclassical economics, which is focused on the idea of distribution of goods with the help of the supply chain. The idea of neoclassical economics dominates the mainstream of economics in modern context. The use of this theory stared in the period of 1930s and was initiated by the liberals of Europe in order to identify the impact third or middle person that exist in the concept of classical liberalism. The concept of market based economy started to gain popularity that is based on the theory of laissez-faire system of economy. In the concept of market economy the critical decisions related to the production, investment and distribution of goods along with supply and demand chain is determined by free price system (Hill Kumar, 2012). In neo-liberalism the guidance of the economic market is based on the social market economy that combines the concept of the free market and establishes policy for free and fair business competition. In free market the participants and investors get the opportunity to decide the sale and marketing policy along with the price of the products. Mirowski (2013), believe that the concept of liberalism can be implied in political, religion and economic sector. In the United States the concept of liberalism is used to avoid all forms of social and political conflict. The application of the philosophy of liberalism has helped the working and poor class of people by improving their condition. The word neo means the new and modern concept of liberalism. The old concept of liberalism was based on the idea that the government of a nation must not interfere in the economic related matters. Moreover, there is no restriction in the manufacturing and production unit and all administrative barriers related to the commerce and free trade must be abolished. The aim of this application is to encourage the practice of free market within the economy of a nation. The capitalist got the opportunity to make huge margin of profit as there is no high level of restriction in doing business. The main element of the neo-liberalism is the concept of eliminating the private enterprises from all kinds of administrative and government restrictions. This result in the lower the price of all forms service and consumer products. The implication of government regulation is diminished significantly in all major public service. The privatization results in the shifting of the ownership of all major institutions including bank, railways, electric service, hospitals, highway toll service and many more to private organizations. As the concept of public good and community is eliminated the role of individual citizen of the society increases significantly. Hall, Massey Rustin (2013), stated that in the present days all the major institutions like the WTO, IMF, European Central Bank and World Bank uses the concept of neo-liberalism for shaping the organizational policy. Chile is the first country that implemented the principles of neo-liberalism in practice in 1973, during the time of e lected Allende. On the other hand, the implication of neo-liberalism in countries like Mexico has resulted in the decrease of labor wages to an extent of 40-50% and also increased the cost of living to 80%. As more than 1000 stated owned enterprise were privatized, the small and medium scale business suffered and failed to expand. Populism on the other hand, is a political philosophy that defines the political movement in favor of the population of the nation. It seeks to unite all forms of uncorrupt and unsophisticated political elites. The main objective of the populism is to guide the political and social system of the nation that is capable of delivering high quality public service. According to Kriesi Pappas (2015), the definition of populism can vary depending upon the specific demand and requirements of the people of the nation. The economic condition of the nation depends on the implicating factor of populism. The application of the principles of populism has been implemented in the economic sector of the nation so that it possible to apply the concept of neo-liberalism. In the United States the left-sided politics believes in the policy of populism, where as in Europe the right sided populism is being applied. In both cases the applicability of the principles of Populism depends on the strength of de mocracy of the particular nation. Levitsky Loxton (2013), argued that the nation, where the populist represents as the political leader of the nation, there is high chance of interaction of people belonging from different section of the society that can cause political corruption and trouble. Nevertheless, according to the all the major politicians the concept of populism is considered as one of the main driving force of democracy of the nation and also considered as the positive source of the society. The modern form of populism can be divided into two subcategories namely political and agrarian. In case of Agrariansm philosophy, the rural society of the nation is considered to be higher in power compared to that of the urban society. The movement of the farmer with the demand of radical economic growth was initiated by the US peoples party during the late 19th century. Other examples of agarariansim are the Eastern European Green rising militias that occurred during the period of post World War I. According to Wodak (2013), the right-winged kind of populism is significantly different from that of other trends of political system. The inability to transfer the coherent ideology in the practice is one of the main drawbacks of the right-winged populism. However, the main advantage of the right-winged populism is its power to exploit sharp dichotomization that is constructed along the national, regional and religious and ethnic lines. In Europe the radical form of populism is based on the opposition towards the radical Islamic belief and on the other hand, the radical populism in United States mainly focuses on the opposition towards the immigrants from the Latin American countries. The recent case of popularity of populism in the United Sates can be seen in the concluded presidential election. The republican candidate Donald Trumps win over his rival Hillary Clinton is an unprecedented example of the popularity of populism in the nation. Moreover, the recent events of mass migrat ion of the people of Syria into the European nations has triggered huge populist from the Philippines to Greece. According to the prediction of the experts the concept of populism will aim to take place in the countries like Austria, Germany France and Netherlands (Liang, 2016). Strength and Weakness of Neo Liberalism and Populism The concept of Neo-liberalism is guided by the principles of capitalism that believes in the equal distribution of wealth of the nation and it is implemented by the system of free-market. The neo-liberalism theory forms the basic economic structure of a nation that helps in the development of the free market that is aimed in removing the margin of poverty within a nation. The idea of neo-liberals can help to improve the use of modern technology in the business process and also implement innovative marketing ideas to establish the political and economic stability within the free market. This will subsequently help to improve the GNP and increase the level of profit margin of business. The wages of the labor can also be improved along with reducing the price of all types of consumer products. However, Block, Gray Holborow (2013) argued that in the developing countries the implementation of neo-liberalism will result in un-fair relationship with other developed nations. As the state has minimum power to interfere in the business dealings of private organizations, the businessman get the opportunity to implement unfair practice in business and therefore compromise the ethics of business. Moreover, as there are no guidelines for minimum wage of the labors, in many organizations the workers do not get the minimum salary. As free market allows international trade with lesser amount of restrictions, like trade tax and other government protocols, the foreign companies get the opportunity for marketing of their products in the developing nations that could result in compromising the industrial infrastructure of the respective nations. One of the most important impacts of the neo-liberalism is that it enhances the effect of the globalization. Due to the high level of competition in the global market the companies are forced to lower the prices of their products and enhance the working capability of the product. This ultimately led to increased productivity of a sector and thus there is lesser chance of crisis in the market. Mudde Kaltwasser (2012), believes that the main advantage of the populism is that it promotes the importance of sovereignty of a nation along with the implementation of democracy. It also helps to restore the reforms that are aimed to improve the social condition. The concept of populism also challenges the formal structure of the society, where the elite section enjoys more power over the weaker section of the society. Nevertheless, it is a challenging task to ensure that the distribution of the power is done uniformly, which is one the main drawbacks of populism. Appropriate Model for Removing Poverty Latin America is the region, where the political neo-liberalism is applied and imposed. Nevertheless, in countries like Chile, the rejection of the current political system resulted in increased level of poverty and widens the margin of social inequality of the nation. There is also high level of destruction environment and weaken the condition of the working class. In UK the application of the neo-liberalism resulted in the rejection of public policy. However, the concept of neo-liberalism is the prime cause for the failure and fall of the Soviet Union and the socialism in the Eastern Europe. The neo-liberalism movement also resulted in the emergence of Left governments. The neo-liberalism is based on the idea that the society can be best served by transferring the power of the lower section of the society. The diffusion of the social and economic factor of the in a single cell is one of the prime cause of improvement of economic status. The cultivation of individual post is another important part that helps the labor class of the society to gain more responsibility. According to Rpke (2014), the globalization of the present days is helpful in removing the poverty of a nation that is achieved with the help of market-friendly policies and increasing the flow of business. The nations, which have faced economic crisis has received loans from World Bank and International Monetary Fund, which is based on the structural adjustment policy of neo-liberalism. The liberalization of market can help to deal with price mechanism by reducing wage. This will in turn help to raise the funds for public development of the nation. The linearization of market will help to encourage the flow of foreign direct cash within the developing nations. The application of structural adjustments in the economic policy of the World Bank has helped to reduce the poverty level since 1990s. The World Bank has introduced the policy of poverty focused loan that will help in the weaker section of the society to remove to improve their condition. The World Bank also actively encourages the policy of the trade that improves the policy of global business condition. As the policies of Neo-liberalism is imposed over the African nations, that help to boost the export business of the region and thereby improving the economic status. The neo-liberalism helped in the policy of the World Bank that ultimately led to the development of the African nations. Even during the time of global recession and economic crisis, the neo-liberal policies are applied as one of the main agenda of the central bank for maintaining stability (Grugel Riggirozzi, 2012). The main issue that is associated with the populism is that the political leaders can exploit the power and create restrictions for the free flow of business that is easily associated with the concept of neo-liberalism. The state even has the official power to impose penalty on the traders. Hence, the traders do not enjoy the opportunities that the free market can offer. According to Gray et al., (2015), till now there is no government policy that has been more effective than the policies of economic liberty and free trade market for removing poverty and minimizing the gap of society. The huge amount of business and trade tax that is implied over all forms of trade can increase the piece of the consumer products. The only major advantage of populism over the implication of neo-liberalism is that in earlier case there is a fixed rule for minimum wage of the labor. The minimum wages ensures that the people belonging from the poor section of the society are able to meet their basic dail y requirements and also get the deserving wage. On the other hand in case of neo-liberalism, as the private enterprise and owners enjoys more power and the administration do not have the right to interfere in personal trade related matters, there is no fixed rule for the wages of the workers. Moreover, the private owners also get the chance of misusing the power they get and start adopting unfair practice. The government also does not have the opportunity to monitor the free trade and business policies that are adopted by the entrepreneurs (Jackson Srensen, 2016). In case of the populism of there is a high risk of political conflict between the elite and the weak section of the society and that can affect the economic growth of a nation. The chain of mechanism that are under the policy of the populism offer the political opportunity to the political leaders, which allows the populist movement to reach in certain power level and can even face critic from the people, who are in the opposition group. This conflict between the two rival political parties will ultimately compromise the development process of a country and the economic growth will suffer significantly. Nevertheless, the economic crisis in the free-capital market during 1980s and 1990s, when the neo-liberal movement failed, the left-winged populism gain significant popularity within few of the western nations (Stavrakakis Katsambekis, 2014). Conclusion The neo-liberalism and populism are few of the most popularly used economic and social models that are applied by the government of a nation for the improvement of common people. Both the policies are implied for the well-fare of political and economic condition of nation. The neo-liberalism policy is based on the transfer of power from the public to private domain. The main advantages of this policy are that the traders get the opportunity to practice free trade in the free economic market. The common people also enjoy the opportunity of getting lower cost products. Nevertheless, as there is no interference made by the government, the traders get the opportunity to exploit and adopt unfair and unethical business practice. On the other hand, the populism concept is based on the philosophy of the political system of the nation, which aims to satisfy the needs of the common people. The political conflict that occurs in both the case of right and left winged populism is one the major dr awbacks of this system. In order to eliminate poverty, the neo-liberalism is more effective than populism as the earlier case there is better chance of economic growth as it is seen in many cases in the past. The application of the polices of neo-liberalism has been highly effective in the African and Latin American region that has improved the economic status and reduce the gap of social status. Reference Block, D., Gray, J., Holborow, M. (2013).Neoliberalism and applied linguistics. Routledge. Duggan, L. (2012).The twilight of equality?: Neoliberalism, cultural politics, and the attack on democracy. Beacon Press. Gray, M., Dean, M., Agllias, K., Howard, A., Schubert, L. (2015). Perspectives on neoliberalism for human service professionals.Social Service Review,89(2), 368-392. Grugel, J., Riggirozzi, P. (2012). Post?neoliberalism in Latin America: Rebuilding and reclaiming the State after crisis.Development and Change,43(1), 1-21. Hall, S., Massey, D., Rustin, M. (2013). After neoliberalism: analysing the present.Soundings,53(53), 8-22. Harvey, D., Steger, M. B., Roy, R. K. (2015). A Brief History of Neoliberalism and Neoliberalism Vsi Value Pack. Hill, D., Kumar, R. (Eds.). (2012).Global neoliberalism and education and its consequences. Routledge. Jackson, R., Srensen, G. (2016).Introduction to international relations: theories and approaches. Oxford University Press. Kriesi, H., Pappas, T. S. (Eds.). (2015).European populism in the shadow of the great recession. Ecpr Press. Levitsky, S., Loxton, J. (2013). Populism and competitive authoritarianism in the Andes.Democratization,20(1), 107-136. Liang, C. S. (Ed.). (2016).Europe for the Europeans: The foreign and security policy of the populist radical right. Routledge. Mirowski, P. (2013).Never let a serious crisis go to waste: How neoliberalism survived the financial meltdown. Verso Books. Mudde, C., Kaltwasser, C. R. (2012).Populism in Europe and the Americas: Threat or corrective for democracy?. Cambridge University Press. Mudde, C., Kaltwasser, C. R. (2012).Populism in Europe and the Americas: Threat or corrective for democracy?. Cambridge University Press. Rpke, W. (2014).A humane economy: the social framework of the free market. Open Road Media. Stavrakakis, Y., Katsambekis, G. (2014). Left-wing populism in the European periphery: the case of SYRIZA.Journal of political ideologies,19(2), 119-142. Wodak, R. (2013).Right-wing populism in Europe: politics and discourse. AC Black.