Neoclassical Economics and Grameen Bank Essay Example

Neoclassical Economics and Grameen Bank Essay NEOCLASSICAL ECONOMICS Neoclassical is the most widely taught form of economics in the present world, making it to be the primary take on modern day economics. In a nutshell, neoclassical economics makes an approach to economics that relates supply and demand to an individual’s rationality and his or her ability to maximize utility or profit. Neoclassical economic has also increased the use of mathematical equations in the study of various aspects of the economy. While Economic theory tries to explain how scarce resources are allocated to given and alternative ends with an approach that considers these elements as extra-economic ones. The more conceptual framework of the main schools of economic theory is the Neoclassical economics, Austrian economics, Evolutionary economics and others are based on an insufficient understanding of anthropology and this fact limits their explanatory capacity. In the understanding of neoclassical economic theory, the basic tools are elaborated under the following assumptions: (1) The neoclassical individual (consumer and producer) is defined as a given option structure. (2) All the means and ends considered have an equivalent monetary expression. 3) The only channel of communication between individuals is prices. 4) All the social relations and social ambits are considered as market exchange transaction. Concept of Microcredit and Grameen Bank Poverty is one of the vital problems of the third world countries, and to elevate poverty microcredit has become the most popular approach to address this undesirable phenomenon. According to Jonathan Murdoch, Chairman of UN Expert Group on Po verty Statistics, Microcredit stands as one of the most promising and cost-effective tools in the fight against global poverty. Based on three C (character, capacity and capital ) this model, perceived more than a quarter century ago in Bangladesh, is now being pursued around the globe. In spite of this popularity, there is skepticism about the model’s ability to make â€Å"major dent in the two poverty situation†. These criticisms, however, seem just as weak as the arguments supporting the model. One apparent reason is that both the claims and criticism are founded on the same theoretical perspective of neoclassical economics. We will write a custom essay sample on Neoclassical Economics and Grameen Bank specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Neoclassical Economics and Grameen Bank specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Neoclassical Economics and Grameen Bank specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The word microcredit did not exist before the seventies. In today’s world microcredit refers to the agricultural credit, or rural credit, or cooperative credit, or consumer credit, credit from the savings and loan associations, or from credit unions, or from money lenders. Microcredit data are compiled and published by different organizations. They are the Number of poor borrowers, and their gender composition, loan disbursed, loan outstanding, balance of savings, etc. under each of these categories, country wise, region wise, and globally. These sets of information will tell us which category of microcredit is serving how many poor borrowers, their gender break-up, their growth during a year or a period, loans disbursed, loans outstanding, savings, etc. simultaneously, Grameen credit is based on the premise that the poor have skills which remain unutilized or under-utilized. It is definitely not the lack of skills which make poor people poor. Grameen believes that the poverty is not created by the poor; it is created by the institutions and policies which surround them. In order to eliminate poverty all we need to do is to make appropriate changes in the institutions and policies, and/or create new ones. Grameen believes that charity is not an answer to poverty. It only helps poverty to continue. It creates dependency and takes away individuals initiative to break through the wall of poverty. Unleashing of energy and creativity in each human being is the answer to poverty. Grameen Bank brought credit to the poor, women, the illiterate, and the people who pleaded that they did not know how to invest money and earn an income. Grameen created a methodology and an institution around the financial needs of the poor, and created access to credit on reasonable term enabling the poor to build on their existing skill to earn a better income in each cycle of loans. The process of breaking up the vicious cycle of poverty through microcredit is elaborated below: At first a small group of five people is made where only two are granted with a loan. Depending on their performance in repayment the next two borrowers can then apply and, subsequently, the fifth number as well. The assumption is that if individual borrowers are given access to credit, they will be able to identify and engage in viable income-generating activities simple processing such as paddy husking, lime-making, manufacturing such as pottery, weaving, and garment sewing, storage and marketing and transport services. Women were initially given equal access to the schemes, and proved not only reliable borrowers but astute entrepreneurs. As a result, they have raised their status, lessened their dependency on their husbands and improved their homes and the nutritional standards of their children. Today over 90 percent of borrowers are women. The percent of women members throughout 2002 to 2003 was within close proximity of the 95% mark, from 2004 to 2005 is 96%, in 2006 is 97% and in 2007 it remain same i. e. , 97%. Graph: Percent of Women Members in Grameen Bank. â€Å"If we can come up with a system which allows everybody access to credit while ensuring excellent repayment I can give you a guarantee that poverty will not last long. † -Nobel Laureate Professor Muhammad Yunus. Founder of the Grameen Bank- Dr. Yunus has set up a ground breaking world record and today has become known throughout the world. Grameen bank’s microcredit program has been replicated in nearly every country. Since October 2006, when Professor Yunus and Grameen Bank jointly received the Nobel Peace Prize, this in interest has grown manifold. Muhammad Yunus’s vision is the total eradication of poverty from the world. Grameen, he claims, is a message of hope, a program for putting homelessness and destitution in a museum so that one day our children will visit it and ask how we could have allowed such a terrible thing to go on for so long. This work is a fundamental rethink on the economic relationship between the rich and the poor, their rights and their obligations. The World Bank recently acknowledged that this business approach to the alleviation of poverty has allowed millions of individuals to work their way out of poverty with dignity. Up to 2003, the number of members was 3. 13 million. In 2007, this figure stood at 7. 41 million. It represents an increase of 137. 25% from 2003 to 2007 and an average annual growth of 27. 45% during the year period. Graph: Growth of Membership Credit is the last hope left to those faced with absolute poverty. That is why Muhammad Yunus believes that the right to credit should be recognized as a fundamental human right. It is this struggle and the unique and extraordinary methods he invented to combat human despair that Muhammad Yunus recounts here with humility and conviction. It is also the view of a man familiar with both Eastern and Western cultures on the failures and potential for good of industrial countries. It is an appeal for action: we must concentrate on promoting the will to survive and the courage to build in the first and most essential element of the economic cycle man. Initially starting on Bangladesh, microcredit system develops its helping flow to almost 43 countries, included U. S. Naming as Grameen America, the banks entry into the US, its first in a developed market, comes as mainstream banks credibility has been hit by the mortgage meltdown and many people are turning to fringe financial institutions offering loans at exorbitant interest rates. It’s actually supposed to help those below a certain poverty line who are looking for self-employment as a route out of poverty. says Raj Desai of the Brookings Institution, U. S. ’s one of the top public policy making organizations. CRITICISM OF MICROCREDIT AND GRAMEEN BANK The microcredit system is really a blessing for the developing country. It deals directly with the poor population of the country. But the microcredit movement does have critics, who say that, some lending programs charge excessive interest rates. Also, there is concern that funding for microcredit programs will be di verted from other needed programs such as health, water projects and education. Credit programs may enable poor people to improve their situation, but they do not eliminate the need for other basic social and infrastructure services. Some other problems that have been reported with microcredit: * Turning a profit on the loan * Inability to reach the poorest of the poor * Microcredit dependency * Durability of poverty reduction Turning a profit on the loan One of the most fundamental problems with microcredit programs is the difficulty involved in actually turning a profit on the loans. In the first place, borrowers must bear not only the cost of the loan but also interest payments. Since, the interest rate is too high, they have to payback more amount than they had borrowed. Moreover, investments may not turn a profit. In this event the money to repay the loan must come from reduced consumption or borrowing from some other source, usually on worse terms. Inability to reach the poorest of the poor A second important drawback to microcredit programs is that they don’t reach the poorest members of the society. To quote, â€Å"the poorest have a number of constraints (fewer income sources, worse health and education, etc) which prevent them from investing the loan in high-return activity† The same report also writes that â€Å"there appears to be a growing consensus that moderate-poor micro-credit borrowers benefit more than extremely poor borrowers. † The reasons for this are clear. The poorest need tiny loans which are not cost effective even for microcredit programs. The poorest also place the greatest demands on microcredit a training program, which makes the cost of lending even higher. As microcredit programs are pressured to become more self-sufficient, the incentive to lend to such desperately poor borrowers evaporates. (Mayoux, 1997)   Ã‚  Ã‚   This is a major problem for microcredit programs. Although they are raising some people out of poverty and keeping some people from further poverty, they do not appear to be reaching the people who need assistance the most. In fact, such programs may even be increasing the chasm between the poorest and the rest of society. This is clearly a failure for programs whose avowed purpose is to narrow the gap between rich and poor, and rise up the poorest members of society. Micro credit dependency Another possible failure of microcredit programs lies behind seemingly benign statistics. Some researchers have proposed the idea that the high repayment rates, repeated borrowing, and low drop-out rates indicate a dependency on microcredit programs rather than an attraction to successful microcredit programs on the part of poor borrowers. Many borrowers have no alternative to borrowing from microcredit programs, and consequently cannot afford to default. Neither can they afford to stop borrowing or drop-out of the programs. There is nowhere else for them to go. In order to stay in good standing with the microcredit program, borrowers may even be forced to resort to pawnbrokers or other alternate sources of funding. Furthermore, unless borrowers can increase their incomes they may become permanently dependent on microcredit lending . This a very real possibility as was noted above. Again this is a significant failure, as many microcredit programs tout themselves as more progressive alternatives to the existing systems of informal credit which have caused so many problems in poverty stricken areas (systems such as share cropping, debt bondage, and so on). The chances of microcredit programs’ becoming just another form of debt-based oppression is real and must be addressed before microcredit programs can progress much further. And yet it has hardly been discussed up to this point. Durability of Poverty Reduction A related problem is the durability of poverty reduction. Infusions of cash in almost any amount are bound to have some effect on the poverty stricken borrowers. But this does not necessarily mean that the effect will be permanent. The poverty reductions may be rolled back in two ways. First of all, borrowers may use loans for consumption purposes which result in a momentary increase in living standards, but which must be paid for by cuts in future consumption. Secondly, borrowers must make a net profit on their investments. Otherwise, as noted above, they may become dependent on the creditor programs. Even if they do not become dependent on microcredit lenders, they will still have failed to improve their economic position. Again, this would be a failure of microcredit lenders to achieve their goals. Diverted from Other Needs There is concern that funding for microcredit programs will be diverted from other needed programs such as health, water projects and education. Credit programs may enable poor people to improve their situation, but they do not eliminate the need for other basic social and infrastructure services. CRITICISM OF GRAMEEN BANK Negative sides Many people do not appreciate Grameen Bank’s policies. They it’s a money making policy of Dr. Muhammad Yunus. Some critics strongly criticized Grameen bank’s excessive interest rates. It charges simple interest rate of 20% a year, compared with compound interest of 13-16% at Bangladesh’s commercial banks. Sudhirendar Sharma of New Delhi writes that the effect of the Grameen strategy has not been to reduce poverty but only to create a debt trap for borrowers, who are being charged very high rates of interest relative to conventional banks. Jeffrey Tucker says, â€Å"Microcredit basically bunkum and it won’t work at all without the help of massive grants, I believe Yunus has most probably been swindling money! † Even, it has attracted criticism from the present prime minister of Bangladesh, Sheikh Hasina, who commented, There is no difference between usurers [Yunus] and corrupt people. Hasina touches upon one criticism of Grameen Bank: the high rate of interest that the bank demands from those seeking credit. Similar to all microfinance institutes, the interest charged by Grameen Bank is higher compared to that of traditional banks, as Grameens interest (reducing balance basis) on its main credit product is about 20%. Another source of criticism is that of the Grameens Six teen Decisions. Critics say that the banks Sixteen Decisions force families and borrowers to abide by the rules and regulations set forth by the bank. The bank is very strict about their loan recovery. There are even allegations that they do not consider natural calamities like floods that may prevent repayment of loans quickly. Particular examples include the large number of loan defaults following the flood in 1998. Furthermore, many critics doubt the continued sustainability of the venture, citing the need for large government investment in the program. Positive sides There is no denial that Grameen Bank has changed the rural life of Bangladesh dramatically. Those people who were unable to borrow money from the Agricultural Bank, now easily get money from Grameen bank. On the other hand we can say, it has helped to improve the agriculture of Bangladesh. The poor people are taking the benefit of the small loans. It brings a vital change in the life of the Bangladeshi rural women. In Bangladesh the women were treated badly. But now, Grameen bank has changed their life significantly. Study shows that total number of borrowers’ is 4. 76 million and 96% of those are women. Grameen bank offers some exciting loans at 0% interest rates. Such as: * Higher Education Loan: Interest is 0% i. e. no interest is charged while students are studying. A 5% is charged as service charge after graduation. This scheme allows children of our members to obtain higher education in various fields like healthcare, engineering enabling them to finish their honours and masters degrees. * Struggling Member Program: This special program is designated for beggars, charging 0% interest. As of December 2006, about 90,000 beggars have received loans under this program. * Village Centre Construction Loan: Members take this loan for constructing local village centers. No interest is charged i. e. , interest rate is zero. Having some problems, although, Grameen bank is helping to improve the economic condition of Bangladesh. It’s impossible to eradicate poverty overnight, but so far the process of micro credit is handling the economic condition very well. CONCLUSION Thus, the question that must be raised with respect to eradicating poverty from the Third World is whether microcredit can contribute toward removing the constraints that limit individuals liberty. In the current development discourse, this issue is discussed under the category of â€Å"good governance†. It seems obvious that microcredit promoters can hardly challenge the vested interests, which are responsible for producing poverty in the Third World. The second Microcredit Summit (a campaign led by Dr. Yunus himself) to be held next year should seriously take into consideration this point. For the exaggeration of microcredits role and success in poverty reduction is apparently driving away society and policy makers attention from the real factors causing pervasive poverty in the Third World. Do the activities of the Grameen Bank and other micro-lenders romanticize individual struggles to escape poverty? Yes. Do these programs help some women pull themselves up by the bootstraps? Yes. Will micro-enterprises in the informal sector contribute to ending world poverty? Not a chance. Bibliography 1. Hossain, Mahabub (1988): â€Å"Credit for the Alleviation of Rural Poverty: The Grameen Bank in Bangladesh. † Washington, D. C. : IFPRI, Research Report No. 65. 2. Morduch, Jonathan and Barbara Haley (2001): â€Å"Analysis of the Effects of Microfinance on Poverty Reduction. † NYU working paper. http://www. nyu. edu/wagner/public_html/cgi-bin/workingPapers/wp1014. pdf 3. Past Five Years of Grameen Bank. 2008. Grameen Bank. 5 Aug 2009 http://www. grameen-info. org/index. php? option=com_contenttask=viewid=530Itemid=609. 4. Yunus, Muhammad. Creating a World Without Poverty. 1st. New York: Public Affairs, 2007. 5. Brue, Stanley L. The Evolution of Economic Thought. 6th. New York: Harcourt College Publisher, 2000. 6. McConnell, Campbell, Stanley Brue, and Tom Barbiero. Microeconomics . 11th Canadian Edition. McGraw-Hill Ryerson, 2007. 7. Olivier Jean Blanchard (1987). Neoclassical Synthesis, â€Å"The New Palgrave: A Dictionary of Economics†, v. 3, pp. 634-36. . Grameen Bank. Wikipedia, The Free Encyclopedia. 5 Aug 2009, 20:45 UTC. 5 Aug 2009 http://en. wikipedia. org/w/index. php? title=Grameen_Bankoldid=306275868. 9. Neoclassical economics. Wikipedia, The Free Encyclopedia. 31 Jul 2009, 21:21 UTC. 31 Jul 2009 http://en. wikipedia. org/w/index. php? title=Neoclassical_economicsoldid=305342372 10. Bouman, F. A. J. The design of microfinance policies and programmes. The WWW Virtual Library Microcredit and Microfinance. 1989. Web. 5 Aug 2009. http://www. gdrc. org/icm/concept. html.

Rumored Hype on Is Writing about Overcoming an Insecuritiy a Bad College Essay Topic Uncovered

Rumored Hype on Is Writing about Overcoming an Insecuritiy a Bad College Essay Topic Uncovered The Basic Principles of Is Writing about Overcoming an Insecuritiy a Bad College Essay Topic You Will be Able to Learn From Beginning Immediately A totally free society won't be achieved if we attempt to conquer it individually. Dominant groups want to realize that they contribute greatly to the issue. This isn't a group of people we should try and imitate. In conclusion a very ethnocentric group might be extinct and overtaken by events. The War Against Is Writing about Overcoming an Insecuritiy a Bad College Essay Topic By examining the ideas presented above, a person can make wise decisions regarding their need to cover essay services. A whole lot of so-called news articles nowadays begin like personal essays. Writing numerous drafts will be able to help you to decrease extra details. Ask folks to read your drafts to supply you corrections and suggestions on your essay. The Do 's and Don'ts of Is Writing about Overcoming an Insecuritiy a Bad College Essay Topic After years of assisting students work through the college application process, they ought to have compiled a wide sampling of essay questions from a wide array of colleges. Don't attempt to sound smart. Even though a superior literary essay will rely on existing critical works, it has to also add something new to the continuing dialogue about the central text. If you're a strong writer, you could also have the ability to present your topic in a special and intriguing way. At times, even when you're writing about an interesting, relevant subject, you are still able to appear immature or unready for college life due to the manner in which you present that topic the way you truly write your individual statement. It is very important to try to remember the academic fashion of writing and use the proper language. It has to be accomplished in a manner that would propagate the very nature of the author and would end up being an artist. Anyway, writing about something due to of private experience will be a lot simpler than writing about something you've had to make-up. Mick Jagger might be a wonderful performer and singer, he adds, but this doesn't indicate that his children are going to have the exact potential. There's maybe some evidence to imply that the author was shaken somewhat from a comfortable, materialistic existence. Much like prom dresses and cats, there's probably more than one excellent topic available for you, but eventually you are going to have to narrow it down. It is very important to establish all the awful study habits you have acquired and ditch them. You've got to learn how to prioritize and take things one step at a moment. Completing one step toward each aim is a superb start. What Does Is Writing about Overcoming an Insecuritiy a Bad College Essay Topic Mean? You may want to have a knowledgeable expert look over your essay so that they can revise your essay to perfection. Again, remember it's imperative not to plagiarize the ideas of others, but they could allow you to begin in writing your essay. Do not assume that if somebody else writes the essay for you it will create a high excellent essay. In reality, generally the essay is the only means you would have the ability to disclose your disability. There are lots of bad essays, and among the reasons might be because a good deal of popular reading contains terrible news articles, which are legion. Essays which don't demonstrate these qualities are usually afflicted by tone-deafness. Also don't forget about narration types. But What About Is Writing about Overcoming an Insecuritiy a Bad College Essay Topic? If you decide to seek the services of a writing company, it's a good idea to use all features of service they have to give. If you would like to include mention of something which you have read, even if you're not utilizing an immediate quotation, it is better to reference the source of the info. Try to remember, no reader wishes to be lectured at. It displays the sum of interest one takes to learn more about the points and the precise relevance of the suggestions and concepts which must be accomplished. This rule needs to be clear for each student. Today academic honesty is a rather important issue as it's the base of several universities' educational programs. You're an exceptional individual. It's a personal decision that will be dependent on your own disability and the way it has affected your life.

BH Subjects For Research Paper Ideas

BH Subjects For Research Paper IdeasIn researching your BH degree, you may come across many historical, British history topics for research paper ideas. Do not panic. You are in the right place for all the history research papers you have ever wanted to know.From ancient Rome to pre-historic times, Roman subjects are full of information. Make sure that you research the different topics before even starting your project. Most of the online websites offer subject that allow students to research on the internet and submit the final product. This is where you can go to get the right kind of help. Here are some of the BH subjects for research paper ideas:Classical British subjects include subjects like history, geography, and the arts. It includes subjects such as history, archaeology, art, literature, architecture, medicine, and the great cities of the country. These subjects focus on the best aspects of British history and are more known worldwide. They offer students with a deeper unde rstanding of the country's past, with a view to bring history into focus.The subjects of Shakespeare are among the most famous BH subjects for research paper ideas. You have the chance to research the works of the Bard in depth, either for school or personal use. Most of the online websites offer interactive programs that help students learn about the works of the Bard, a great part of the British culture. When the King Lear plays Shakespeare's tragedy, students are able to read about the characters' actions from the perspective of the characters.Surveys are another of the BH subjects for research paper ideas. With the help of the Internet, students can conduct surveys and research to find out information about current events, public opinion, consumer habits, issues affecting the people, and other areas. It is great to give your input on an issue before being polled on it. The surveys can also be used to establish what kind of questions need to be asked and how to properly determine a topic for research paper. The surveys make it easy for the student to get their opinion.The subjects of Victoria and Albert are included among the many history topics for research paper ideas. Victoria is the first female monarch of the British Empire and Albert was the last prime minister of the United Kingdom. These subjects cover the history of the two governments and their respective rule. It offers students a broader understanding of the British government.Napoleon and his conquests are among the BH subjects for research paper ideas. It covers the story of the great emperor and his reign. He conquered Europe, but his campaign would eventually end with his death. The subjects of the War of the French Revolution, as well as his burial at St. Helena, form an important part of this history.Each of the British subjects offered here can be easily found online. Make sure that you choose topics that are researched and not just plain facts. This will ensure that your research paper i s one of the best in the world.

Scams Involved in Peer Reviewing

Scams Involved in Peer ReviewingAcademic magazines have caught onto the trends and scams involved in academic papers. The academic publications have become more important than ever before in the year 2020. And that is why the papers that are submitted to the academic magazines should be peer reviewed.One of the reasons why academic journals can fall prey to fraudulent research papers is due to an overzealous editors. The editors of the publications need to check every paper thoroughly for grammatical errors, spelling errors, misspellings, and other potential problems. The editors also need to check the data for consistency. A scam artist will often write the paper as if it is well-written but he only skims the top of the page.Another reason why fraud studies take place is due to a failure of the editors of the publications to properly check the data before it is submitted to the publication. The data is sometimes changed or deleted and the editor will rarely find out about it. There are also times when the data is removed or destroyed.In these situations, there is no real value to the articles and research papers submitted to the publications. As such, the authors must be careful and ensure that the paper submitted to the academic journals has been properly and thoroughly checked. This is because in this world of scams, there are predators that will not hesitate to create the results they want to see.One of the ways in which academics and researchers can help to protect themselves from scams in academic journals is to ensure that the data is first checked before it is submitted. If you are a scientist or researcher and your paper does not have the data checked first, it is likely that the data will be submitted and published. In order to prevent yourself from falling prey to a scam, ensure that the data you use is original and not one of the hundreds of papers that have already been published before. Another way to ensure that the data used is original is to en sure that you only use this data for your experiments and have the author sign a release form.Another way in which academics can help themselves is to ensure that the peer reviewers check the data and provide feedback on the paper before it is submitted to the academic journals. As soon as the research paper is submitted, the referees may be unable to properly review the paper since their attention is being diverted elsewhere. This will mean that the authors must provide constructive criticism in order to avoid scams.The research papers should be updated frequently and the authors should also ensure that they avoid plagiarism and fraud. There are many cases of fraud perpetrated by academic fraudsters and the authors should be cautious about this. In order to avoid getting scammed by the fraudulent researchers, the authors should ensure that the research papers they submit to the journals are original and there are no grammatical and spelling errors.It is important that the authors s hould focus on providing constructive criticisms in the research papers so that the research papers submitted to the academic journals can be reviewed properly. There are many instances of frauds committed by these fraudsters, hence the authors should ensure that they are aware of the research paper before it is submitted.

Topics For Short Writing Essay

Topics For Short Writing EssayThere are many topics for short writing essay. They range from topics that are simple and straight forward to those that are more elaborate and have a more complicated explanation behind them. It is best to first determine what topics you wish to write about.If you know the topic, it may be easier to choose the appropriate words and punctuation to utilize in your topic. However, you may want to have more than one option. It can be quite confusing if you have to choose between several options that are quite similar in format. The best way to keep things more organized is to know which one is the correct choice for you.A good example of a well known topic is 'a single moment'. If you want to write a straightforward and simple topic, try using this phrase. However, if you want to say something that is more complex, you may want to try using some other phrase. Try using an imperative form to emphasize the point. This would give the impression that you have p ut more thought and effort into your topic.In this case, using an infinitive form would not be a good idea. As the sentence goes on, the tone will be even more pronounced. If you are writing about something that is simple, use a less common phrase. For example, 'like a hot dog on a bun'. The last part can even be shortened to 'and a bun'an apple on a stick'. In other words, the emphasis and the tone will be in the most familiar form possible.Most people learn about the grammar rules before they start to learn how to write their own articles. This is usually because they have heard many people in a lecture or a classroom telling them how to do it. If you are going to write an essay, you may want to practice and try different ways to write it so that you may acquire the correct style of writing. Once you have mastered this particular style, you will easily be able to write in that manner.There are also topics for short writing essay that come with complete instructions on how to perfo rm the task in question. This is a good way to exercise your skills without any pressure. The only problem with it is that you cannot write like the person who wrote the assignment. You will also not be as impressed if you are unable to correctly use the terms that are used in the assignment.Although it may take a while to learn how to write an essay, it is the best way to test your skills and let yourself become more proficient in writing. If you are unsure if you are good enough, you can always check out some examples of essays written by others and find out whether you have the ability to write an essay like that.