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Introduction
A current events summary is a concise assessment of an event that has occurred recently or will arise in the near future. The article is possible to be analyzed utilizing the methodology of descriptive (positive) dissection. The work is considered to be completed using at least one of the following economic and social principles: cost benefit, the opportunity cost, and the marginal tenet of interdependence. The article that was selected for the particular assignment is connected with the Pandora papers scandal. The Pandora Papers is a release of nearly 12 million files that reveals personal income and tax evasion by the worlds most influential people.
Main body
Descriptive analysis is a form of research methodology that serves to depict, display constructively, or summarize data points, figures, and statistics. Accordingly, the Pandora Papers is considered as one of the most substantial information leaks since more than 600 investigators from 117 countries combed through 14 sources data, uncovering the secret material (Offshore havens). It is feasible to relate the article with the opportunity cost principle due to the fact that the journalists faced a dilemma. They had to decide whether to accept the risk and hold an investigation or to continue to work quietly in their home countries without endangering the career and reputation.
Summary
To summarize, the article was analyzed based on the fundamental concepts of descriptive statistics. The Pandora Papers refer to the opportunity cost principle since it is possible to notice the presence of the problem of choice and its features that result in estimating the outcomes and deciding. The journalists took responsibility for publishing the materials, realizing the potential consequences that could appear after the scandal.
Work Cited
Offshore havens and hidden riches of world leaders and billionaires exposed in unprecedented leak. International Consortium of Investigative journalists, 2021, Web.
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