Internship Report on Zong Pakistan Essay Example for Free

Internship Report on Zong Pakistan Essay Groups individuals according to the occasions when they purchase, use or think of buying a product. 2. Benefits Sought : Groups individuals according to the benefits they seek from the product. 3. Usage Rate : Groups individuals according to the level of usage they make of the product, be it Heavy, Medium or Light usage. 4. User Status : Groups individuals according to whether they are non-users, potential users, first-time users, regular users, or ex-users of a product Loyalty Status : Groups individuals according to their level of loyalty to the product. Hard core loyals always purchase the product / brand in question. Whilst Soft core loyals will sometimes purchase another brand, and Switchers will not specifically seek out a particular brand, but rather purchase the brand available to them at time of need, or that which was on sale. 6. Buyer Readiness Stage : Groups individuals according to their readiness to purchase the product. This segmentation model is particularly useful in formulating and monitoring the marketing communication strategies employed to move consumers towards purchase of a product or brand. Role of Segmentation: Segmentation is the first step towards customer understanding, which allows organisations to build healthy relationships with their customers. Money is made by keeping customers, and the whole idea of segmenting customers in order to build customer relationships is to turn it into a mutually satisfying relationship, says Ovum analyst (David Bradshaw, 2000).

Foreign Direct Investment (FDI) in India

Foreign Direct Investment (FDI) in India Alok Tyagi QUESTION Discuss the significance of foreign direct investment for a developing country like India? Why India has failed to attract more FDI despite being a democratic country? WHAT IS FOREIGN DIRECT INVESTMENT? MEANING: These three letters stand for direct investment. The simplest explanation of FDI would be a direct investment by a corporation in a commercial venture in another country. A key to escaping this action from investment in other ventures in a foreign country is that the business enterprise operates completely outside the economy of the corporation’s home country. The investing corporation must control 10 percent or more of the voting power of the new venture. According to history the United States was the leader in the FDI activity dating back as far as the end of World War II. Businesses from other nations have taken up the flag of FDI, including many who were not in a financial position to do so just a few years ago. The practise has grown significantly in the last couple of decades, to the point that FDI has generated quite a bit of opposition from groups such as labor unions. These organizations have expressed concern that investing at such a level in another country eliminates jobs. Legislation was introduced in the early 1970s that would have put an end to the tax incentives of FDI. But members of the Nixon administration, Congress and business interests rallied to make sure that this attack on their expansion plans was not successful. One key to introducing FDI is to get a mental picture of the global scale of corporations able to make such investment. A carefully planned FDI can provide a huge new market for the company, perhaps introducing products and services to an area where they have never been available. Not only that, but such an investment may also be more profitable if construction costs and labor costs are less in the host country. The definition of FDI originally meant that the investing corporation gained a significant number of shares (10 percent or more) of the new venture. In recent years, however, companies have been able to make a foreign direct investment that is actually long-term management control as opposed to direct investment in buildings and equipment. Foreign Direct Investment (FDI) is a measure of foreign ownership of productive assets, such as factories, mines and land. Increasing foreign investment can be used as one measure of growing economic globalization. The largest flows of foreign investment occur between the industrialized countries (North America, Western Europe and Japan). But flows to non-industrialized countries are increasing sharply. Foreign direct investment (FDI) refers to long-term participation by country A into country B. It usually involves participation in management, joint-venture, transfer of technology and expertise. There are two types of FDI: inward foreign direct investment and outward foreign direct investment, resulting in a net FDI inflow(positive or negative). Foreign direct investment reflects the objective of obtaining a lasting interest by a resident entity in one country (‘direct investor’) in an entity resident in an economy other than that of the investor (‘direct investment enterprise’). Foreign Direct Investment – when a firm invests directly in production or other facilities, over which it has effective control, in a foreign country. Manufacturing FDI requires the establishment of production facilities. Service FDI requires building service facilities or an investment foothold via capital contributions or building office facilities. Foreign subsidiaries – overseas units or entities Host country – the country in which a foreign subsidiary operates. Flow of FDI – the amount of FDI undertaken over a given time. Stock of FDI – total accumulated value of foreign-owned assets Differs from FDI, which is the investment in physical assets. DEFINITION Foreign direct investment is that investment, which is made to serve the business interests of the investor in a company, which is in a different nation distinct from the investor’s country of origin. A parent business enterprise and its foreign affiliate are the two sides of the FDI relationship. Together they comprise an MNC. The parent enterprise through its foreign direct investment effort seeks to exercise substantial control over the foreign affiliate company. ‘Control’ as defined by the UN, is ownership of greater than or equal to 10% o ordinary shares or access to voting rights in an incorporated firm. For an unincorporated firm one needs to consider an equivalent criterion. Ownership share amounting to less than that stated above is termed as portfolio investment and is not categorized as FDI. FDI stands for FOREIGN DIRECT INVESTMENT, a component of a country’s national financial accounts. Foreign direct investment is investment of foreign assets into domestic structures, equipment, and organizations. It does not include foreign investment into the stock markets. Foreign direct investment is thought to be more useful to a country than investments in the equity of its companies because equity investments are potentially ‘hot money’ which can leave at first sign of trouble, whereas FDI is durable and generally useful whether things go well or badly. FDI or Foreign Direct Investmentis any form of investment that earns interest in enterprises which function outside of the domestic territory of the investor. FDIs require a business relationship between a parent company and its foreign subsidiary. Foreign direct business relationships give rise to multinational corporations. For an investment to be regarded as FDI, the parent firm needs to have at least 10% of the ordinary shares of its foreign affiliates. FOREIGN DIRECT INVESTOR A foreign direct investor is an individual, an incorporated or unincorporated public or private enterprise, a government, a group of related incorporated and unincorporated enterprise – that is, a subsidiary, associate or branch – operating in a country other than the country or countries of residence of the foreign direct investor or investors. TYPES OF FOREIGN DIRECT INVESTMENT FDIs can be broadly classified into two types: Outward FDIs Inward FDIs This classification is based on the types of restrictions imposed, and the various pre-requisites required for these investments. Outward FDI: An outward-bound FDI is backed by the government against all types of associated risks. This form of FDI is subject to tax incentives as well as disincentives of various forms. Risk coverage provided to the domestic industries and subsidies granted to local firms stand in the way of outward FDIs, which are also known as ‘direct investments abroad’. Inward FDI: Different economic factors encourage inward FDIs. These include interest loans, tax breaks, grants, subsidies, and the removal of restrictions and limitations. Factors detrimental to the growth of FDIs include necessities of differential performance and limitations related with ownership patterns. Other categorizations of FDI Other categorizations of FDI exist as well. Vertical Foreign Direct Investment takes place when a multinational corporation owns some shares of a foreign enterprise, which supplies input for it or uses the output produced by the MNC. Horizontal foreign direct investments happen when a multinational company carries out a similar business operation in different nations. Horizontal FDI – the MNE enters a foreign country to produce the same products at home. Conglomerate FDI – the MNE produces products not manufactured at home. Vertical FDI – the MNE produces intermediate goods either forward or backward in the supply stream. Liability of foreignness – the costs of doing business abroad resulting in a competitive disadvantage. METHODS OF FOREIGN DIRECT INVESTMENTS The foreign direct investor may acquire 10% or more of the voting power of an enterprise in an economy through any of the following methods: By incorporating a wholly owned subsidiary or company By acquiring shares in an associated enterprise Through a merger or an acquisition of an unrelated enterprise Participating in an equity joint venture with another investor or enterprise Foreign direct investment incentives may take the following forms: Low corporate tax and income tax rates Tax holidays Other types of tax concessions Preferential tariffs Special economic zones Soft loan or loan guarantees Free land or land subsidies Relocation expatriation subsidies RD support Infrastructure subsidies WHY IS FDI IMPORTANT FOR ANY CONSIDERATION OF GOING GLOBAL? The simple answer is that making a direct foreign investment allows companies to accomplish several tasks: Avoiding foreign government pressure for local production. Circumventing trade barriers, hidden and otherwise. Making the move from domestic export sales to a locally-based national sales office. Capability to increase total production capacity. Opportunities for co-production, joint venture with local partners, joint Marketing arrangements, licensing, etc. A more complete response might address the issue of global business partnering in very general terms. While it is nice that many business writers like the expression, ‘think globally, act locally’, this often used clichà © does not really mean very much to the average business executive in a small and medium sized company. The phrase does have significant connotations for multinational corporations. But for executives in SME’s, it is still just another buzzword. The simple explanation for tis is the difference in perspective between executives of multinational corporations and small and medium sized companies. Multinational corporations are almost always concerned with worldwide manufacturing capacity and proximity to major markets. Small and medium sized companies tend to be more concerned with selling their products in overseas markets. The advent of the internet has ushered in a new and very different mindset that tends to focus more on access issues. SME†™s in particular are now focusing on access to markets, access to expertise and most of all access to technology. THE STRATEGIC LOGIC BEHIND FDI Resources seeking – looking for resources at a lower real cost. Market seeking – secure market share and sales growth in target foreign market. Efficiency seeking – seeks to establish efficient structure through useful factors, culture, policies or markets. ENHANCING EFFICIENCY FROM LOCATION ADVANTAGES Location advantages – defined as the benefits arising from a host country’s comparative advantages. Lower real cost from operating in a host country Labour cost differentials Transportation costs, tariff and non-tariff barriers Governmental policies IMPROVING PERFORMANCE FROM STRUCTURAL DISCREPANCIES Structural discrepancies are the differences in industry structure attributes between home and host countries. Examples include areas where: Competition is less intense Products are in different stages of their life cycle Market demand is unsaturated There are differences in market sophistication INCREASING RETURN FROM OWNERSHIP ADVANTAGES Ownership advantages come from the application of proprietary tangible and intangible assets in the host country. Reputation, brand image, distribution channels Technological expertise, organizational skills, experience Core competence – skills within the firm that competitors cannot easily imitate or match. ENSURING GROWTH FROM ORGANIZATIONAL LEARNING MNEs exposed to multiple stimuli, developing: Diversity capabilities Broader learning opportunities Exposed to: New markets New practices New ideas New cultures New competition FDI INDIAN ECONOMY The economy of India is the third largest in the world as measured by purchasing power parity, with a gross domestic product (GDP) of US $3.611 trillion. When measured in USD exchange-rate terms, it is the tenth largest in the world, with a GDP of US $800.8 billion. The economy is diverse and encompasses agriculture, handicrafts, textile, manufacturing and a multitude of services. Although two-thirds of the Indian workforce still earn their livelihood directly or indirectly through agriculture, services are growing sector and are playing an increasingly important role of India’s economy. The advent of the digital age, and the large number of young and educated populace fluent in English, is gradually transforming India as an important ‘back office’ destination for global companies or the outsourcing of their customer services and technical support. India is a major exporter of highly-skilled workers in software and financial services, and software engineering. India followed a socialist-inspired approach for most of its independent history, with strict government control over private sector participation, foreign trade, and foreign direct investment. FDI up to 100% is allowed under the automatic route in all activities/sectors except the following which will require approval of the government activities that require an Industrial License. INVESTMENT RISKS IN INDIA Sovereign Risk Political Risk Commercial risk Risk due to terrorism FDI POLICY IN INDIA Foreign Direct Investment policy FDI policy is reviewed on an outgoing basis and measures for its further liberalisation are taken. Change in sectoral policy/sectoral equity cap is notified from time to time through press notes. FDI policy permits FDI up to 100% from foreign investor without prior approval in most of the sectors including the services sector under automatic route. FDI in sectors under automatic route does not require any prior approval either by the government or the RBI. The foreign direct investment scheme and strategy depends on the respective FDI norms and policies in India. The FDI policy of India has imposed certain foreign direct investmentregulations as per the FDI theory of the government of India. These include FDI limits in India for example: Foreign direct investment in India in infrastructure development projects excluding arms and ammunitions, atomic energy sector, railway system, extraction of coal and lignite and mining industry is allowed upto 100% equity participation with the capping amount as Rs. 1500 crores. FDI limit of maximum 49% in telecom industry especially in the GSM services. FDI figures in equity contribution I the finance sector cannot exceed more than 40% in banking services including credit card operations. Foreign direct investment: Indian scenario FDI is permitted as under the following forms of investments – Through financial collaborations Through joint ventures and technical collaborations Through capital markets via Euro issues Through private placements or preferential allotments CONCLUSION A large number of changes that were introduced in the country’s regulatory economic policies heralded the liberalization era of the FDI policy regime in India and brought about a structural breakthrough in the volume of FDI inflows into the economy maintained a fluctuating and unsteady trend during the study period. It might be of interest to note that more than 50% of the total FDI inflows received by India, came from Singapore and the USA. According to findings and results, we have concluded that FII did have significant impact on Sensex but there is less co-relation with Bank and IT. One of the reasons for high degree of any linear relation can also be due to the simple data. There are other major factors that influence the bourses in the stock market.

Anorexia Nervosa Essay -- Health, Eating Disorders

Anorexia Nervosa Anorexia Nervosa is a disorder in which an individual starves them self, characterized by the refusal to consume adequate food or loss of appetite, and therefore endangers their health that originates from emotional or psychological causes. â€Å" (Paraphrased from Eating Disorders. Page 3) Anorexia nervosa (â€Å"nervous anorexia†) is an eating disorder that is characterized by a loss of appetite that endangers an individual’s health that originates from emotional or psychological causes. Under certain circumstances, anorexia nervosa may develop because of a physical disease or conditions, such as shock, nausea and allergic reactions (Shannon, 2007). The signs and symptoms of anorexia include but are not limited to dramatic weight loss, refusal to maintain minimum body weight that is normal for their age and height, consuming a specific selection of foods like those low in fat and calories. Also avoiding food in social situations like cooking, social events, and making up excuses for their refusal to eat. In addition, another sign is frequently focusing on preoccupations with their body image and weight and constantly in pursuit for flaws. Their distorted body image that they have of themselves is apparent in statements about being overweight even though they are thin. Focusing on an excessive exercise regimen and wearing baggy clothes are also signs. In females, a symptom of anorexia is missing three consecutive menstrual periods and in males a decrease in sexual desire. The types of anorexia depend on whether it is combined with bulimia, and they are classified as classic anorexia and binge eating and purging anorexia. Classic anorexia or restricting anorexia, is when an individual consumes small amounts of food an... ...e evaluated by a medical doctor, which consist of vital signs, hydration level, and electrolytes (Shannon, 2007). A balanced diet according to one’s specific needs, in order to gain weight, is constructed by a dietitian. In combination with therapy, medication can be prescribed by a medical doctor or psychiatrist to help cope with the symptoms of anorexia, for example, antidepressants can be prescribed to alleviate depression and anxiety. In addition, other medications prescribed focus to increase one’s weight and to decrease obsessive-compulsive behaviors (Shannon, 2007). Recommendations of residential and inpatient treatment by a medical doctor are given if the physical and psychological problems are severe and may take place in a hospital setting or eating disorder treatment center and of course include outpatient treatment for anorexia (Shannon, 2007).

The Importance of Celtic Culture in Sir Gawain and the Green Knight Ess

The Importance of Celtic Culture in Sir Gawain and the Green Knight   Ã‚  Ã‚   In Sir Gawain and the Green Knight, one can discover a variety of reasons why the Green Knight is indeed green.   Some can be found in open text while others one has to search for.   There is possibly another aspect involved in the holly leaf he carries in his first appearance.   The deeper aspect of the Green Knight is how he ties into the beliefs and culture of the Celts.    The most obvious reason why the green knight is green are stated throughout his introduction.   "Fellow, and his hands were green, and his face.   And his armor, and his shirt, were green, all green...everything about him was elegant green" (line 150-55,66). Every piece of clothing that the Green Knight is in is green.   His skin color was green and he was elegantly dressed in all of it. This gigantic man was the total opposite of Arthur's Knights.   They were smaller and clean-.   The Green Knight had a manly beard to symbolize Celtic culture.   He rides in on his great green horse!   "He seemed half an ogre, a giant, but clearly the biggest creature in the world" (line 141-42). The most frightening thing any of the Knights of Camelot could ever see.   The combined aspect of being green and a giant to the knights is what makes him so frightening.    Not only the great knight is green but his horse too!   "It was carved with lovely green symbols...what it meant that a knight and his horse could have such a color, could grow as green as grass, or greener!" (lines 216 233-235).  Ã‚   Today in many cultures "different" people are always striking fear into people. He is dressed in all green with his Celtic symbols surrounding him.   If any man represented their religion to the fullest i... ...re not worthy to fight him.   They don't have any beards and in his religion would be considered feeble and unrespectable.   He demonstrates his strength the entire scene he is talking with Arthur and his knights.    The Green Knight is the perfect representation of the Celtic culture   He is protected by his Celtic magic from the holly branch and the power of the god Cernunnos.   This enables him to be strong in his own beliefs and to challenge the Christian Knights.   The author created the Green Knight based on factors that all lead up to the perfect representation of the Celtic people.    Works Cited    "Coverage of Youth Crime Promotes Fear, Study Says."   (Online) Available   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   http://www.childrennow.org/newsroom/news-01/cam-ra-4-10-01.htm. 1 Dec. 2001. Wood, Juliette.   The Celts   New York: Duncan Baird Publishers, 1998.   

Mars :: essays research papers

Mars is the fourth planet from the sun at about 228 million-km (141 million miles) and the last terrestrial planet from the sun. The next five planets in order from the sun are gaseous. Mars follows closely behind Earth but is comparatively smaller, with about half the diameter of Earth and about one-tenth of Earth’s mass. Thus the force of gravity on Mars is about one-third of that on Earth. Though it is much smaller, Mars does have the same surface land area as Earth. Other than Earth, Mars posses the most highly varied and interesting known terrain in our solar system. The surface of Mars is a very hostile place however it is more like Earth’s surface than any other planet in our solar system. Much of the Martian surface is rough and cratered, but expansive flat plains and smooth hills can also be found. Unlike any other planet, there is a striking difference between the northern and southern hemispheres of Mars; one is extremely rough and old while the other is young and relatively smooth. The southern hemisphere is strewn with ancient craters of all sizes and is also elevated by a several kilometers creating a visible boundary. On the opposite end the northern hemisphere consists of a wider variety of geological features, but is obviously smoother and much younger. There are large volcanoes, a great rift valley, and a variety of channels. Volcanism is a geological process that occurs on Earth today, and has on many planetary bodies throughout the history of the solar system. No volcanism is occurring on the surface of Mars today. In the past, however, volcanism was one of the main forces creating and reshaping the surface of the planet. All of the rocks that have been observed by the Viking landers and the Mars Pathfinder Rover are generally agreed to be volcanic in origin. Tharsis is the largest volcanic region on Mars. It is approximately four thousand kilometers across, ten kilometers high, and contains twelve large volcanoes. The largest volcanoes in the Tharsis region are four sheild volcanoes named Ascraeus Mons, Pavonis Mons, Arsia Mons, and Olympus Mons. The Tharsis Montes (Ascraeus, Pavonis, Arsia) are located on the crest of the crustal bulge and their summits are about the same elevation as the summit of Olympus Mons, the largest of the Tharsis volcanoes. While not the largest of the Tharsis volcanoes, Arsis Mons has the largest caldera on Mars, having a diameter of one hundred twenty kilometers!

Fighting, Ruben Wolfe

Fighting Ruben Wolfe by Markus Zusak Fighting Ruben Wolfe is just a novel about teenage boys fighting. Discuss. Fighting Ruben Wolfe by Markus Zusak is not just about teenage boys fighting. It is also about two teenagers growing up with their family facing financial issues and about family relationships. Family in Fighting Ruben Wolfe is shown by the family being brought closer together, but they struggle because the father is currently unemployed and the mother is working two jobs, so it feels like the parents aren’t for their children as much as they were before Mr Wolfe’s accident.Mr and Mrs Wolfe are stressed because they can’t pay all the bills and as a result they can’t look after their children as well as they used to. At the beginning of the book, Sarah comes home drunk and Cameron and Ruben are at the dog track a lot. Once the boys started fighting, Mr and Mrs Wolfe don’t notice the bruises on the boys. These problems for the Wolfe family c learly show that Fighting Ruben Wolfe is just as much about family as fighting. It also shows that the family are facing financial issues. Financial issues in Fighting Ruben Wolfe by Markus Zusak are shown by family having very little money.They have hardly any money because Mr Wolfe is unemployed. In Chapter 6 of Fighting Ruben Wolfe, the first paragraph proves that they have very little money â€Å"The phone has been cut of because we don’t have the money to pay the bill. Or really Mum and Dad don’t have the money to pay it. Steve or Sarah could pay but there’s no way. It’s not allowed. It’s not even considered. † The main two characters, Cameron and Ruben have started to fight illegally so they could earn money to help pay for their bit. So there is fighting in the novel, but it is not just about fighting.These examples demonstrate that there are also financial issues in the novel. Fighting Ruben Wolfe by Markus Zusak is not just a novel about teenage boys fighting, it’s also about two teenagers growing up, showing there struggles in life, and also shows what two normal teenagers will do for their family. But the brother’s soon find out that there not just fighting for money, but also for identity, for dignity, and for each other. When Mr. Wolfe finally accepts that their broke, he goes down to Centrelink to get the doll. But as proud as Cameron and Ruben are, they go and try to stop him.Finally the parents find out that they fight. They don’t act kindly to this at the start, but then they realize how important this is to them and then they let them still compete. They keep on fighting and end up fighting each other in the end, but because both brothers are very series about their fighting, the fight series and Ruben defeats Cameron, But Cameron is very proud and didn’t give up till the very wnd. This book has taught me to be grateful for what I have and to always respect my family, this book was very interesting and I thoroughly enjoyed it. By Liam Truscott 9a

Advance Criminology

From the beginning of the world, there are two terms generated among the human beings i.e. Peace and Crime, not only in the Human being but also among the creatures of world. â€Å"Crime is an activity prohibited or not authorized by law that may be punishable by the governing authority†.Generally, the offence begins among the people for the following reasons i.e. money, property, and women. There are several types of offences committed in all the communities, when it became serious it got the face of Cognizable and if it is simple in nature  Ã‚   it is called Non cognizable.   The cognizable offices are usually serious in nature.Mostly the crimes committed by the youth are Theft, Robbery, Dacoit, Murders etc.   Because the youth are prone to do any illegal acts to achieve something or due to aberration by the Political leaders, adults as well as parents.Other than youth, the following crimes may occur like Assault, Cheating, Forgery, Nuisance etc. if the weapons are use d by the youth then it become very serious crime which is called Cognizable offence. But predominantly the sexual offences are occurred by youth only, like Adultery, Bigamy,   Rape Where the question of committing the offence of Rape a youth may do it to overcome his passion or to fulfill his sexual desire or any enmity with that particular female.   Where the question of sexual offence is concerned, It is not true to say that only Males commit crime, while females are with the par avian of males in the same manner. The punishment for any cognizable offence is Death sentence, life imprisonment, 10 years imprisonment fine or both respectively.In the present scenario of the world mostly sexual offences are in frequency among the youth, because new generation became independent. â€Å"Since the early 1990’s, youth violence has become a policy priority at entry level of American Government†[2].Every body yearn for freedom with all respect and more over there are lot of facilities to make contact with each other by means of communications like, through Cell, Internet etc and as well as there is no provision on International Level.Where as property matters are concerned crimes may occur in non cognizable comparison to other criminal offences. On the other hand crime is based on gender; race like Black, White, but this issue is mostly in U.S.A. As per  the History of USA  Blacks were not always been given an opportunities of juries, and they have been assassinated for the little violation of existing law and many of these killings occurred without any legal process.Though the Supreme court has done efficient control over this, yet the system could not eliminate racial bias.On the other hand the Carolyn Snurkowski of the Florida attorney generally office believes that the disproportionate number of blacks on death row   can explain the fact that, Many black murders result from barroom brawls that   wouldn’t call for the death penalty, but many white murders occur   on top of another offense, such as robbery† (as cited in Gest,1986.)This may be true but the Washington legal Foundation says that â€Å"blacks are arrested for murder at a higher rate than whites.†Violence has become a part of accepted backdrop in United States; there are also stringent laws to curtail them[3]. What we need now is social investment which will drive out the crimes most effectively. It is the time to act on that lines or else the next generations will feel the mistakes done by the present generation.Ultimately there is no end of crime and offences are being committed by youth It is true that we cannot find any country where there is no crime. It is also fact that there is no end of crime till the Doomsday.Bibliography:  1.Encyclopediaâ€Å" Crime† †, wikipedia, U.S,   04:12, 13 December 20072.BookFranklin E. Zimring, American youth violence, New York, 1998.  3. Newspaper Article on the InternetElliott C urrie â€Å"Crime and Punishment in America† New York Times, 1998. Metropolitan â€Å" Crime† †, wikipedia, U.S,   04:12, 13 December 2007   [2] Franklin E. Zimring, American youth violence, New York, 1998 [3] Elliott Currie â€Å"Crime and Punishment in America† New York Times, 1998. Metropolitan