A Number Of Literatures That Discusses Important Concepts...

Chapter two: Literature review 2.1 introduction This chapter explores a number of literatures that discusses important concepts and themes of the research project. The research project demonstrates the concept of ethnicity and ethnicity in Nigeria. It explores the features of pluralistic democratic state, analysing definition of democracy; construction of pluralism and understanding of pluralistic democracy in Nigeria. Furthermore, it examines the comprehension of identity conflict; construction of national identity and the dynamics of identity conflict. 2.2 Concept of Ethnicity Ethnicity has its origin and has been used variously in addressing and classifying groups of people, constituting a term of identification. Ethnicity as a word evolved from the late Middle English (distinguishing a person not of the Christian or Jewish faith) via latin ethnnicus, Greek ethnikos (from the word ethnos (nation) (Spencer, 2014). Coupled with, Richard Jenkins relates ethnicity to the Greek word ethnos, as it refers to the social interaction of humans (Orji, 2008). A breakdown of the definition of ethnicity will provide an insight to the different perspectives on the conceptualization of ethnicity. According to Osaghae, ethnicity is â€Å"the employment or mobilization of ethnic identity and differences to gain advantage in situation of competition, conflict and cooperation† (Ukiwo, 2005, p. 4). Likewise, Ukiwo and Chazan elaborates the complex nature of ethnicity and how it creates room forShow MoreRelatedMale Professional Roles1630 Words   |  7 Pagesultimate aim of this research project is to determine what benefits the male early years professionals can provide for the children and whether they are able to influence the children’s development within the kindergarten. The main motivation for focussing on this topic is because it appears that additional research is required to enable us to determine how male early years professionals assist children’s lifestyle within the early years environment. As a result of this, a number of themes have emerged fromRead MoreA Project On Civic Rights Education1676 Words   |  7 PagesDECLARATION I hereby declare that the project entitled Civic Rights Education submitted to the Tribhuwan University, is a record of an original work done by me under the guidance of Mr. Ramesh Man Singh, Faculty Member atCollege of Applied business, and this project work has not performed the basis for the award of any Degree or diploma/ associateship/fellowship and similar project if any. [YOUR NAME] [ENROLMENTNO]] CERTIFICATE FROM THE SUPERVISOR Read MoreWhat Is Literature Review?3725 Words   |  15 PagesWhat is literature review? Discuss in not less than 2000 words Introduction: as a general rule, researchers should first investigate previous research to see whether or not others may have already addressed similar research problems and must acquaint themselves with the relevant literature. Literature review is used to help the researcher link concepts from other sources to his or her research, a good literature review require a balance. A literature review often forms part of a larger research projectRead MoreA Needs Assessment Survey in a Gastroenterology Endoscopy Community of Practice12128 Words   |  49 Pagesthe Veterans Health Administration (VHA). A small number of innovative VHA facilities have created colonoscopy-training fellowships for nurse practitioners (NPs) and physician assistants (PAs). A gastroenterology community of practice (CoP) might provide knowledge sharing and professional networking opportunities for NP and PA colonoscopists, based on assessment of their need for professional activities. A critical appraisal of relat ed literature pointed out key motivational and structural elementsRead MoreHow Does Participation Affect Health And Wellbeing?2747 Words   |  11 Pagescontribute to health and wellbeing. I will argue that participation in performance helps to influence health and wellbeing in a positive way. I will be making close reference to Elliot, Grant and Morrison’s Creative Ageing report and the Culture Health project that was carried out in Cork, Ireland and is outlined in chapter 4 of White’s book Arts Development in Community Health: a social tonic. I will refer specifically to the work of White and Brodzinksi. In the introduction of White’s book Arts DevelopmentRead MoreLeadership Through The African American Lens : Seeking Understanding3318 Words   |  14 Pagesespoused during Black History Month, yet their collective experience fails mentioning in such an important discipline as, leadership. According to the U.S. Census Bureau, African Americans comprise 13.2% of the population. Minorities will increase in the coming decades with the U.S. population becoming more ethnically and racially diverse (U.S. Census Bureau, 2014). Therefore, there is a genuine need for research on the cultural perspective behind African American leadership. African Americans haveRead MoreModern Building And Designing Practices10030 Words   |  41 Pagesacademia. These gaps will be studied during the course of this research in an exploratory manner with the ultimate objective to aid the adoption of BIM in industry. Background BIM can be defined as â€Å"a modeling technology and associated set of processes to produce, communicate and analyze building models† (Eastman et al., 2011; p: 117). Some professionals consider BIM as the key to tackling variations and ineptitudes in construction projects (Arayici et.al, 2012; Coates et. al, 2010). The adoption ofRead MoreManaging and Organizing for Innovation in Service Firms a Literature Review with Annotated Bibliography30787 Words   |  124 Pagesv i n n o va r e p o r t vr 2009:06 managing and organizing for innovation in service firms A literature review with annotated bibliography annika schilling andreas Werr stockholm school of economics Title: Managing and Organizing for Innovation in Service Firms. A literature review with annotated bibliography Author: Annika Schilling Andreas Werr - Stockholm School of Economics Series: VINNOVA Report VR 2009:06 ISBN: 978-91-85959-47-1 ISSN: 1650-3104 Published: Februari 2009 Publisher:Read MoreHealth5831 Words   |  24 PagesA framework to measure the impact of investments in health research OECD Blue Sky II Forum, September 25, 2006 Alan Bernstein, Vern Hicks, Peggy Borbey, Terry Campbell Abstract This paper describes the approach taken by the Canadian Institutes of Health Research (CIHR) to develop a framework and indicators to measure the impact of health research. The development process included national and international consultations. Key methodology challenges and measurement requirements were identified. TheRead MoreDeveloping Effective Research Proposals49428 Words   |  198 Pagespublication date: lcc: ddc: subject: Developing Effective Research Proposals Essential Resources for Social Research Punch, Keith. Sage Publications, Inc. 0761963553 9780761963554 9780585386072 English Social sciences--Research--Methodology, Proposal writing in the social sciences. 2000 H62.P92 2000eb 300/.72 Social sciences--Research--Methodology, Proposal writing in the social sciences. cover next page Page i Developing Effective Research Proposals previous page page_i next page

A comparison of poems by Wilfred Owen “Dulce et Decorum...

A comparison of poems by Wilfred Owen â€Å"Dulce et Decorum Est† and â€Å"Anthem for Doomed Youth† Wilfred Owen fought in the ww1. He enrolled into army at an early age which was probably influenced by the government’s enticing and false advertising. However in the trenches Owen soon discovered the reality of war and how horrific the war was. At first he started to take notes about the conditions. Then later in a military hospital he edited and turned these notes into poetry. â€Å"Dulce et Decorum Est† is a Latin saying widely used and understood, often at the beginning of ww1. The full title is â€Å"Dulce et Decorum EST Pro Patria Mori†; it’s sweet and right to die for your country. In other words, it is a wonderful and high honour to fight and die for†¦show more content†¦In the final stanza Owen writes as if the reader could see the bodies of the deceased soldiers, they would not stop sending young men to war, nor would they tell their children â€Å"the old lie† with â€Å"such high zest†. In the poem Owen uses the first and the second persons; he uses the first and second persons to make the reader think that what he is talking about in the poem he witnessed. He uses for example â€Å"we†,†I† and â€Å"me†. Owen uses the second person when he wants to make us reflect on the cruel reality of was. We can see the third person when Owen is describing how the soldiers are going to fig ht. â€Å"Dulce et Decorum Est† Owen uses a lot of powerful imagery in this poem. He conveys his thoughts through the use of descriptive language techniques such as: metaphors, alliteration and similes. Metaphors are used to. Alliteration makes the reader remember certain phrases, â€Å"Knock kneed†, â€Å"men marched† and â€Å"GAS! GAS!† these are all examples of alliteration and Owen is trying to hammer in the point. Imagine â€Å"Anthem for Doomed Youth† is one of Wilfred Owens best known poems. It’s about the fallen soldiers who didn’t receive their proper burials and it was as if the young soldiers were just sent there to die just like cattle, â€Å"for these who died as cattle†. This aimed at ww1 however I believe that this poem could be used to relate to soldiers today. â€Å"Anthem for Doomed Youth† the tone of thisShow MoreRelated To compare the ways in which these poems display the horrors of war.1616 Words   |  7 Pagesthese poems display the horrors of war. I have selected three poems, The Soldier, by Rupert Brooke, Dulce et Decorum Est, and Anthem for Doomed Youth, both written by Wilfred Owen. Compare how these poems show the horrors of World War 1. To compare the ways in which these poems display the horrors of war. I have selected three poems, The Soldier, by Rupert Brooke, Dulce et Decorum Est, and Anthem for Doomed Youth, both written by Wilfred Owen. I chose Anthem for Doomed Youth andRead MoreWilfred Owen1266 Words   |  6 PagesWhat is Wilfred Owen’s attitude towards WW1 and how is this shown through his poetry? Wilfred Owen was a soldier during world war one. Many of his poems were published posthumously, and now well renowned. His poems were also heavily influenced by his good friend and fellow soldier Siegfried Sassoon. Wilfred Owen was tragically killed one week before the end of the war. During the war Wilfred Owen had strong feelings towards the use of propaganda and war in general, this was due to the horrors heRead MoreClose Study of Texts - Wilfred Owen Essays1004 Words   |  5 PagesAlexandra Bucud How does Owen’s portrayal of the relationship between youth and war move us to a deeper understanding of suffering? As an anti-war poet, Wilfred Owen uses his literary skills to express his perspective on human conflict and the wastage involved with war, the horrors of war, and its negative effects and outcomes. As a young man involved in the war himself, Owen obtained personal objectivity of the dehumanisation of young people during the war, as well as the false glorificationRead MoreCulce Et Decorum Est and Anthem of the Doomed814 Words   |  3 PagesPoetry throughout the ages has influenced change in society and given voice to controversial topics. Wilfred Owen influenced his nation and became a powerful and significant agent of change through his literature as he demonstrated throughout his poetry how war is not something to be glorified yet is a horrific injustice suffered by many. By analysing Dulce Et Decorum Est and Anthem Of The Doomed it can be said that Owen’s significant message is to confront the idea of glorifying war and the patrioticRead MoreDulce Et Decorum Est and Anthem for Doomed Youth915 Words   |  4 Pageswere used to achieve this. In the two poems, Dulce et Decorum est., and Anthem for Doomed Youth, both written by Wilfred Owen, the author’s main purpose was to expose the true horrors of World War II and to challenge the romanticized view of war that poets such as Rupert Brooke held. To achieve this, Owen used familiar imagery techniques of similes and personification, and sound devices such as onomatopoeia and alliteration. In Dulce et Decorum est., Owen used the techniques of similes, †BentRead MoreEssay on Wilfred Owen3883 Words   |  16 Pages Wilfred Owen Read and Compare and Contrast the Following Poems by Wilfred Owen: [It Was a Navy Boy], Anthem for Doomed Youth and Dulce et Decorum Est. Wilfred Owen was a poet who was widely regarded as one of the best poets of the World War one period. Wilfred Owen was born on the 18th of March 1893, at Plas Wilmot, Oswestry, on the English Welsh border; he was the son of Tom and Susan Owen. During the winter of 1897-8 Tom Owen, Wilfred’s father was reappointed to Birkenhead, and withRead MoreA Comparison Between Wilfred Owen’s ‘Dulce Et Decorum Est’ and ‘Anthem for Doomed Youth’ and Siegfried Sassoon’s ‘Does It Matter?’ and ‘Suicide in the Trenches’1991 Words   |  8 PagesWilfred Owen’s ‘Dulce et Decorum Est’ and ‘Anthem for Doomed Youth’ are both poems that protest against and depict the subject of war. They both follow Wilfred Owen’s angst against those who encourage war and the savagery of warfare that he experienced himself. His poetry was devised to strike at the conscience of England during the World War. Owen’s mother had encouraged him to write poetry from an early age and when he was old enough he travelled to France to teach English when the war brokeRead MoreWilfred Owen War Poems Essay1232 Words   |  5 PagesExplain how particular features of at least two of Wilfred Owens poems set for study interact to affect your response to them. Wilfred Owens war poems central features include the wastage involved with war, horrors of war and the physical effects of war. These features are seen in the poems Dulce Et Decorum Est and Anthem for Doomed Youth here Owen engages with the reader appealing to the readers empathy that is felt towards the soldier. These poems interact to explore the experiences of the soldiersRead MoreAnalysis Of Wilfred Owen s Anthem For Doomed Youth And Dulce Et Decorum Est1224 Words   |  5 Pagesalways loved poetry, but after reading poems that have such moving stories to tell it hasn’t been hard to grow a certain fondness for them. Poetry is the telling of stories from the creative and sometimes hauntingly realistic words of a poet. The world of poetry can be wonderful. It can also be saddening, exhilarating or wonderfully exciting and the most eloquent poems can leave anybody rewinding over the story of the poem for a time afterwards. Wilfred Owen was a poet who became well renowned a fterRead MoreWilfred Owen - Comparing Poetry4003 Words   |  17 PagesFollowing Poems by Wilfred Owen: [It Was a Navy Boy], Anthem for Doomed Youth and Dulce et Decorum Est. br brWilfred Owen was a poet who was widely regarded as one of the best poets of the World War one period. br brWilfred Owen was born on the 18th of March 1893, at Plas Wilmot, Oswestry, on the English Welsh border; he was the son of Tom and Susan Owen. During the winter of 1897-8 Tom Owen, Wilfreds father was reappointed to Birkenhead, and with that the whole family moved there. Wilfred started

Contract and United Airlines Free Essays

Cardillo Travel Systems, Inc. ACT 1 Russell Smith knew why he had been summoned to the office of A. Walter Rognlien, the 74-year-old chairman of the board and chief executive officer (CEO) of Smith’s employer, Cardillo Travel Systems, Inc. We will write a custom essay sample on Contract and United Airlines or any similar topic only for you Order Now Just two days earlier, Cardillo’s in-house attorney, Raymond Riley, had requested that Smith, the company’s controller, sign an affidavit regarding the nature of a transaction Rognlien had negotiated with the United Airlines. The affidavit stated that the transaction involves $203,000 payment by United Airlines to Cardillo but failed to disclose why the payment was being made or for what specific purpose the funds would be used. The affidavit included a statement indicating that Cardillo’s stockholders’ equity exceeded $3 million, a statement that Smith knew to be incorrect. Smith also knew that Cardillo was involved in a lawsuit and that court injunction issued in the case required the company to maintain stockholders’ equity of at least $3 million. Because of the blatant misrepresentation in the affidavit concerning Cardillo’s stockholders’ equity and a sense of uneasiness regarding United Airlines’ payment to Cardillo, Smith had refused to sign the affidavit. When Smith stepped into Rognlien’s office on that day in May 1985, he found not only Rognlien but also Riley and two other Cardillo executives. One of the other executives was Esther Lawrence, the firm’s energetic 44-year-old persistent and chief operating officer (COO) and Rognlien’s wife and confidante. Lawrence, a long-time employee, had assumed control of Cardillo’s day-to-day operations in 1948. Rognlien’s two sons by a previous marriage had left the company in the early 1980s following a power struggle with Lawrence and their father. As Smith sat waiting for the meeting to begin, his apprehension mounted. Although Cardillo had a long and proud history, in recent years the company had begun experiencing serious financial problems. Founded in 1935 and purchased in 1956 by Rognlien, Cardillo ranked as the fourth-largest company in the travel agency industry and was the first to be listed on a national stock exchange. Cardillo’s annual revenues had steadily increased after Rognlien acquired the company, approaching $100 million by 1984. Unfortunately, the company’s operating expenses had increased more rapidly. Between 1982 and 1984, Cardillo posted collective losses of nearly $1. 5 million. These poor operating results were largely due to an aggressive franchising strategy implemented by Rognlien. In 1984 alone that strategy more than doubled the number of travel agency franchises operated by Cardillo. Shortly after the meeting began, the overbearing and volatile Rognlien demanded that Smith sign the affidavit. When Smith steadfastly refused, Rognlien showed him the first page of an unsigned agreement between United Airlines and Cardillo. Rognlien then explained that the $203,000 payment was intended to cover expenses incurred by Cardillo in changing from American Airlines’ Apollo system. Although the payment was intended to reimburse Cardillo for those expenses and was refundable to United Airlines if not spent, Rognlien wanted Smith to record the payment immediately as revenue. Not surprisingly, Roglien’s suggested treatment of the United Airlines payment would allow Cardillo to meet the $3 million minimum stockholders’ equity threshold established by the court order outstanding against the company. Without hesitation, Smith informed Rognlien that recognizing the United Airlines payment as revenue would be improper. At that point, â€Å"Rognlien told Smith that he was incompetent and unprofessional because he refused to book the united payment as income. Rognlien further told Smith that Cardillo did not need a controller like Smith who would not do what was expected of him†. ACT 2 In November 1985, Helen Shepherd, the audit partner supervising the 1985 audit of Cardillo by Touche Ross, stumbled across information in the client’s files regarding the agreement Rognlien had negotiated with United Airlines earlier that year. When Shepherd asked her subordinates about this agreement, one of them told her of a $ 203,000 adjusting entry Cardillo had recorded in late June. That entry, which follows, had been approved by Lawrence and was apparently linked to the United Airlines-Cardillo transaction: Dr ReceivablesUnited Airlines$203,210 Cr Travel Commissions and Fees203,210 Shepherd’s subordinates had discovered the adjusting entry during their second-quarter review of Cardillo’s form 10-Q statement. When asked, Lawrence explanation without attempting to corroborate it with other audit evidence. After discussing the adjusting entry with her subordinates, Shepherd questioned Lawrence. Lawrence insisted that the adjusting entry had been properly recorded. Shepherd than requested that Lawrence asks United Airlines to provide Touch Ross with a confirmation verifying the key stipulations of the agreement with Cardillo. Shepherd’s concern regarding the adjusting entry stemmed from information she had reviewed in the client’s files that the United Airlines payment to Cardillo was refundable under certain conditions and thus not recognizable immediately as revenue. Shortly after the meeting between Shepherd and Lawrence, Walter Rognlien contacted the audit partner. Like Lawrence, Rognlien maintained that the $203,000 amount had been properly recorded as commission revenue during the second quarter. Rognlien also told Shepherd that the disputed amount, which United Airlines paid to Cardillo during the third quarter of 1985, was not refundable to United Airlines under any circumstances. After some prodding by Shepherd, Rognlien agreed to allow her to request a confirmation from United Airlines concerning certain features of the agreement. Shepherd received the requested confirmation from United Airlines on December 17, 1986. The confirmation stated that the disputed amount was refundable through 1990 if certain stipulations of the contractual agreement between the two parties were not fulfilled. After receiving the confirmation, Shepherd called Rognlien and asked him to explain the obvious difference of opinion between United Airlines and Cardillo regarding the terms of their agreement with the chairman of the board of United Airlines. â€Å"Rognlien claimed that pursuant to this confidential business arrangement, the $203,210 would never have to repaid the United. Shepherd’s conversation with Rognlien refused. In fact, as Rognlien knew, no such agreement existed. † A few days following Shepherd’s conversation with Rognlien, she advised William Kaye, Cardillo’s vice president of finance, that the $203,000 amount could not be recognized as revenue until the contractual agreement with United Airlines expired in 1990. Kaye refused to make the appropriate adjusting entry, explaining that Lawrence had insisted that the payment from United Airlines be credited to a revenue account. On December 30, 1958, Rognlien called Shepherd and told her that he was terminating Cardillo’s relationship with Touche Ross. In early February 1986, Cardillo filled a form 8-K statement with the Securities and Exchange Commission (SEC) notifying that agency of the company’s change in auditors. SEC regulations required Cardillo to disclose in the 8-K statement any disagreements involving accounting, auditing, or financial reporting issues with its former auditor. The 8-K, signed by Lawrence, indicated that no such disagreements preceded Cardillo’s decision to dismiss Touche Ross. SEC regulations also required Touche Ross to draft a letter commenting on the existence of any disagreements with Cardillo. This letter had to be filed as an exhibit to the 8-K statement. In touche Ross’s exhibit letter, Shepherd discussed that the improper accounting treatment given that transaction resulted in misrepresented financial statements for Cardillo for the six months ended June 30, 1985, and the nine months ended September 30, 1985. In late February 1986, Raymond Riley, Cardillo’s legal counsel, wrote Shepherd and insisted that she had misinterpreted the United Airlines-Cardillo transaction in the Touch Ross exhibit letter filed with the company’s 8-K. Riley also informed Shepherd that Cardillo would not pay the $17,500 invoice that Touche Ross had submitted to his company. This invoice was for professional services Touche Ross had rendered prior to being dismissed by Rognlien. ACT 3 On January 21, 1986, Cardillo retained KMG Main Hurdman (KMG) to replace Touche Ross as its independent audit firm. KMG soon addressed the accounting treatment Cardillo had applied to the United Airlines payment. When KMG personnel discussed the payment with Rognlien, he informed them to the alleged secret arrangement with United Airlines that superseded the written contractual agreement. According to Rognlien, the secret arrangement precluded United Airlines from demanding a refund of the $203,000 payment under any circumstances. KMG refused to accept this explanation. Roger Shlonsky, the KMG audit partner responsible for Cardillo engagement, told Rognlien that the payment would have to be recognized as revenue on a pro rata basis over the five-year period of the written contractual agreement with United Airlines. Cardillo began experiencing severe liquidity problems in early 1986. These problems worsened a few months later when a judge imposed a $685,000 judgment on Cardillo to resolve a civil suit filed against the company. Following the judge? s ruling Raymond Riley alerted Rognlien and Lawrence that the adverse judgment qualified as a â€Å"material event† and thus has to be reported to the SEC in a Form 8-K filling. In the memorandum he sent to his superiors, Riley discussed the serious implications of not disclosing the settlement to the SEC: â€Å"My primary concern by not releasing such report and information is that the officers and directors of Cardillo may be subject to violation of rule 10b-5 of the SEC rules by failing to disclose information that may be material to a potential investor. Within 10 days of receiving Riley’s memorandum, Rognlien sold 100,000 shares of Cardillo stock in the open market. Two weeks later, Lawrence issued a press release disclosing for the first time the adverse legal settlement or that Cardillo remained viable only because Rognlien had invested in the company the proceeds from the sale of the 100,000 shares of stock. Additionally, Lawrence’s press release, Roger Shlonsky met with Rognlien and Lawrence. Shlonsky informed them that the press released grossly understated Cardillo’s estimated loss for fiscal 1985. Shortly after that meeting, KMG resigned as Cardillo’s independent audit firm. EPILOGUE In May 1987, the creditors of Cardillo Travel Systems, Inc. forced the company into involuntary bankruptcy proceedings. Later that same year, the SEC concluded a lengthy investigation of the firm. The SEC found that Rognlien, Lawrence, and Kaye had violated several provisions of the federal securities laws. These violations included making false representations to outside auditors, failing to maintain accurate financial records, and failing to file prompt financial reports with the SEC, In addition, the federal agency charged Rognlien with violating the insider trading provisions of the federal securities laws. As a result of these findings, the SEC imposed permanent injunctions on each of the three individuals that prohibit them from engaging in future violations of federal securities laws. The SEC also attempted to recover from Rognlien the $237,000 he received from selling the 100,000 shares of Cardillo stock in April 1986. In January 1989, the two parties resolved this matter when Rognlien agreed to pay the Sec $60,000 How to cite Contract and United Airlines, Essay examples

Potential Growth For UAE and Saudi Arabia

Question: Discuss about thePotential Growth For UAE and Saudi Arabia. Answer: Introduction The potential output describes what the economy is able to generate when entire resource including labor force, technology, natural resources, and equipment are utilized completely. It can as well describe the amount of GDP which a country can achieve upon appropriate employment of the resources (Darrat 2014). A country which is producing at potential output is operating at its full employment. It can as well mean an economic activity level whereby the AD along with AS are consistent with a stable rate of inflation. It is utilized by people who make policies when estimating inflation, and utilize it as an output degree where an increase or decline in prices remains needless (Squalli 2012). The calculation of the rate and level of growth of potential output and consequently comparing it with outcomes with witnessed patterns will help people get the measure of spare capacity grade in economy. In this paper, such concepts as capital accumulation production function, and total factor productivity are used to showcase the level of potential output that can be accomplished by Saudi Arabia and UAE in the next 20 years and key factors. The United Arabs Emirates practices open economy that has a greater per capita income alongside a substantial yearly trade surplus. UAEs fruitful energies at economic divergence have declined the share of GDP anchored on gas and oil output to twenty-five percent (Darrat 2014). Right from the oil discovery in UAE over thirty years ago, the nation has gone through a prominent transformation from a penurious area of small desert princedoms to a contemporary status with a high living standard (Squalli 2012). The government has surged expenditure on creating jobs as well as infrastructure enlargement besides opening up utilities to higher private sector engagement. The UAEs free trade regions offering one hundred percent overseas possession alongside zero taxes thus enticing overseas investors (Squalli 2012). The strategic plan for UAE for next 20 years emphasizes economic diversification and more jobs opportunities creation for nationals via enhanced education alongside escalated sector employment (Darrat 2014). The production function mechanism speaks to the supply side and indicates the link between factor inputs and output. Potential output is denoted by a combination of factors including inputs, capital, and labor, multiplied by total factor productivity. The Cobb-Douglas specification describes the production firm give as Yt=AtLt-1Kt . Yt is actual output in period t, Lt-labor employed as input, K-capital stock, A-TFP, and -share of capital in the national economy (Darrat 2014). The efficiency in labor and capital utilization is linked to improvement in TFP thus leading to higher output. TFP remains observable; and calculated by taking out contribution of capital and labor to actual output. At= Yt/ tLt-1* Kt. This method remains the best of statistical methods because it overrides drawbacks of statistical approaches (Darrat 2014). The potential growth from the Cobb Douglas function method for Saudi Arabia is 4.5% while that of UAE is 5.6% for oil-GDP growth while the non-oil growth is 6.1% and 7.0% respectively for the next 20 years. Capital accumulation describes the profits a company utilizes to enhance the base of its capital. It involves the acquisition of additional assets which can be utilized to establish extra wealth or which shall appreciate in value (Manama 2016). The UAE and Saudi Arabia have the potential of GDP growth basically for both non-oil potential growth and oil potential growth. Both UAE and Saudi Arabia have enjoyed sturdy growth over the previous decade due to high oil prices alongside expansionary fiscal policy by respective governments for development of economy. References Darrat, A.F., 2014. Are financial deepening and economic growth causally related? Another look at the evidence. International Economic Journal, 13(3), pp.19-35. Manama, B., 2016, April. Economic Diversification in Oil-Exporting Arab Countries. In Annual Meeting of Arab Ministers of Finance. Squalli, J., 2012. Electricity consumption and economic growth: Bounds and causality analyses of OPEC members. Energy Economics, 29(6), pp.1192-1205.