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The current Shipbuilding market in China
The current Shipbuilding market in China
8 pages (2000 words)
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... During the 50s in the previous century, China was far much behind globally in making ocean liners. The developmental advances of the Chinese ship construction domain have rather been spontaneous a few decades ago. By 1980, China was ranked at position 17 on global dimensions in the production of ships. The Chinese company was evaluated at 200,000GT. As time went by the Chinese ship company surrogated German taking the third position with 5% market share globally. At this time in history the Chinese company has the capacity to construct types of ships except the glide ship. The chief products of the Chinese ship manufacturing consist of large sized carriers and oil tankers. China has 70 shipyards...
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Indonesia Market
Indonesia Market
8 pages (2000 words)
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... INDONESIAN MARKET FOR SOYBEANS Introduction Indonesia is one of the worlds most populous nations, with 238 million people, nearly half of which are concentrated on Java Island alone. It is also the worlds largest Muslim country and a member of the Organization of the Islamic Conference despite being a secular state. The country is a republic with a president elected to five-year terms. It is a market-based economy which owns more than 150 state enterprises and administers the prices of some basic goods including fuel, price and electricity. The country has recovered well from the 1997 Asian financial crisis through debt restructuring, the sale of some state-owned assets, the recapitalization of the...
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The Management of Change
The Management of Change
13 pages (3250 words) , Download 3
... Management of Change Table of Contents Introduction 3 Company Overview 4 General Motor Company 4 Nissan Motor Company 4 Reasons for Change 5 General Motor Company 5 Nissan Motor Company 6 Change Management Process 8 General Motor Company 8 Nissan Motors Company 9 Problem and Success 11 General Motor Company 11 Nissan Motor Company 12 Conclusion and Recommendation 13 References 15 Introduction Change management is an approach which provides a way to transform the organization from present state to desired future state. It is one of the most significant aspects of management which can be regarded as an attempt to ensure that organizations react to the environmental factors in which it operates....
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Housing Policy Seoul, Korea
Housing Policy Seoul, Korea
10 pages (2500 words)
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... Policy in Seoul HOUSING POLICY IN SEOUL Introduction The process of urbanization in Seoul, South Korea, has been intense over the past thirty years, as has the capabilities of urban administration to manage this process. Seoul, over the course of the 20th century, has grown into one of the largest cities in the world with the most condensed and rapid transformation witnessed in the world (Yoonseuk, 2012). From a population of just 900,000 people after the Second World War, the city in 1998 reached a population of 10 million before slightly falling to its present population of 9.82 million. Moreover, the city has also experienced extensive sprawl and suburbanization, growing into a metropolis of...
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Russian Economy: Before and After the Crisis of 1998
Russian Economy: Before and After the Crisis of 1998
43 pages (10750 words)
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... Economy: Before and After the Crisis of 1998 In the year 1998 Russia devalued its currency and made an announcement that it was not in a position to repay its foreign bank debts. This announcement triggered a major financial crisis that not only made the Russian economy into scrambles but also reverberated around the world. Since then based on the rise in oil prices, the economy was limping back to normalcy. At the end of 2002 though the income levels were still 20 percent lower than that of 1998 levels, the economy was trying to make a come back. However the debacle did not happen overnight and also not due to a single factor. The financial turmoil in the Asian markets in the summer 1997 sent...
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Anti-Globalization
Anti-Globalization
5 pages (1250 words) , Download 1
... A Summary Globalization, a word tossed around like paltry change, has been the of furious debates and much-contestedarticles. Globalization-are you for it or against it Many a pitchfork has been raised (and many an eyebrow) about this oversimplified, but actually quite complicated term. And with the variety of opinions available on the topic, does the world really need yet another book on globalization Jagdish Bhagwati opens his book, In Defense of Globalization, with this query and quite succinctly, the answer is yes. There is always room for one more voice to be heard in this increasingly globalized world. The popular verdict on globalization has been one of a malevolent evil. In fact, it ha...
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The Role of the Exchange Rate Regime in Contributing to the 2001 Crisis in Argentina
The Role of the Exchange Rate Regime in Contributing to the 2001 Crisis in Argentina
8 pages (2000 words)
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... The role of the exchange rate regime in contributing to the 2001 crisis in Argentina Five years before the start of the deflation that escalated in 2001 Argentina was viewed as a model to the rest of the Latin America. It experienced economic growth, while inflation was reduced and controlled. However, by 2001 peso was devalued against the dollar, output decreased significantly, government defaulted on its debt, and inflation returned (IMF 2003, p.3). Fixed exchange regime, once deemed crucial to fighting inflation, turned the country’s seeming stability into a disaster. Argentina underwent structural changes in the 1990’s. In the late 1980’s, Argentina suffered high levels of inflation. Thus, in...
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South Korea Market
South Korea Market
4 pages (1000 words)
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... Korea Market Introduction Until recently, South Korea operated a mixed economic system. On one hand, the country adhered to the basic tenets of private enterprise and a market economy. On the other hand, it followed a highly visible policy of government intervention. Through planning, direct or indirect ownership and control of enterprises and financial institutions, regulation of foreign exchange, and implementation of appropriate monetary and fiscal policies, the Government played a crucial role in making market adjustments and maximizing incentives. This was aimed at pursuing the fulfillment of its desired economic, social, political, and cultural objectives. However, economic success, the increa...
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Scarce Resources
Scarce Resources
4 pages (1000 words)
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... is one of the serious problems that the science of economics faces. It is at the heart of the science's core issues that its founders have been intending to manage and solve. It is a given fact that the resources-whether natural, material, or human-an economy has is limited. Though some resources are renewable, still it takes time to replenish them after their consumption. We cannot entirely and exhaustively use the resources that we have for we may not use it afterwards. We have to accept the fact that scarcity, the impossibility of not getting one's need's and wants, is inescapable and unavoidable in our daily lives. Yet despite the fact that resources are limited, humans are prone to desire thin...
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International Relations to East Asia
International Relations to East Asia
10 pages (2500 words)
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... The East Asian Economic Interaction The East Asian Economic Interaction Japan and China are the most competitive economies in the East Asian region. The two countries affect trade greatly as they dominate trade systems in the region. However, each country has its own story of how it got to the current state. It is worth noting that China is currently the emerging economic power next to the United States. An analysis of the political and economic system enables one to understand the current relations in East Asia and the probable future of China as a global economy. In the 19th century, Japan decided to adopt a developmentalism ideology as a defense mechanism in the then prevailing harsh and deep...
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Sociology and politics
Sociology and politics
10 pages (2500 words)
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... Narcotizing dysfunction is characterized by the overexposure of issues carried out by the mass media. As a result of the inundation, the public tends to become passive and unresponsive to the issues that beset them even if these do affect them. The aftermath of the war in Iraq was a period wherein the media actually inundated the public with so many news items related to the outcome of the war. Among these were relevant concerns that would have led to a more critical view of the war. However, the public before, during, and after the war kept seeing, hearing, or reading about the war that it came to the extent that the public were no longer affected by it. Aside from narcotizing dysfunction, the...
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Chinas top economic challenges to maintain as one of the fastest growing economies
China's top economic challenges to maintain as one of the fastest growing economies
8 pages (2000 words)
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... Hindrances in Chinese Economic Growth Stability Hindrances in Chinese Economic Growth Stability Planet’s most populated country, with a population of more than 1.3 billion, and the second largest country by land area, China has over the past few years also marked its importance on the graph of global economy. Frail in the late 1970’s, People’s Republic of China has undertaken tremendous growth during the last three decades to reach to an astonishing height where it is now recognized as the world’s second largest economy by nominal GDP and it’s fastest growing major economy. GDP has grown swiftly at an average of 10 percent a year whereas over 500 million people have risen above the poverty line. A...
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The Government Intervention on Private Residential Property after Economic Turmoil
The Government Intervention on Private Residential Property after Economic Turmoil
61 pages (15250 words) , Download 1
... Review of the Government Intervention on Private Residential Property after Economic Turmoil Executive Summary The economic turmoil in Asia, commonly known as the Asian economic crisis took over the continent in 1997, submerging most sectors in a type of economic upheaval whose repercussion sustained even years after the termination of the crucial phase. The four South-East Asian tigers were the most deeply affected in the region. Soon after the popularization of the concept of export-led growth, the region got engrossed in paving out strategies of attaining fast growth through this channel. The South East Asian tigers of Singapore, Taiwan, Hong Kong, and South Korea., soon started concentrating i...
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The US-China Taiwan Crisis
The US-China Taiwan Crisis
8 pages (2000 words)
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... Diplomatic maneuvers and negotiations often change the of decisions within international and domestic affairs. Looking at various scenarios also provides insight into how this can alter the outcome of a given situation. When looking at the US – China Taiwan Crisis, there is a direct change that occurs with the negotiations and the outcome which occurred among the various countries. The different approaches taken through the various political structures altered the state into one which moved from being closed to having a more diplomatic viewpoint and a higher tension of global relations between countries. The interference from the US directly led to the crisis and the continuous rise in tensions from ...
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Accounting ethical issue essay
Accounting ethical issue essay
6 pages (1500 words)
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... – Accounting Ethical Issues Introduction American International Group, Inc. (AIG) is a leading insurance and financial services company with operations in more than 130 countries across the globe. The company serves individual customers, commercial ventures as well as institutional customers through its network. In addition AIG group companies are leading providers of retirement services, financial services, Auto Insurance, Health Insurance and asset management around the world. Company is listed on the New York, London, Paris, Switzerland and Tokyo Stock Exchanges. AIG is a company with strong financials, respected the world over for its financial might, but this controversy resulted in lot of its...
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China Goodwill or Badwill
China Goodwill or Badwill
5 pages (1250 words)
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... Goodwill or Bad will Policymakers and political analysts are currently in a over the new global order that is somewhat being shaped by China's rapid rise in world affairs. The possible effect and consequence of the country's growing power and influence has stimulated a lot of convergent and divergent views. In a head-to-head dialogue between Zbigniew Brzezinski and John Mearsheimer, the former conjectured that China is too preoccupied with its economic ascent and therefore not inclined to destabilize the United States' influence in the region. The latter however, firmly states that China cannot rise peacefully. Just as all the rising great powers in the world history does, China will have to take...
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Pizza Hut and GE Culture Management
Pizza Hut and GE Culture Management
6 pages (1500 words)
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... Studies GE’s Bright Idea The simplest differentiation between national and corporate culture is the difference between the cultures followed by the company from its country of origin to the national culture followed in the country where a branch or site office may be located. As discussed by Bartlett & Ghoshal (1998), the differences between national and corporate cultures can lead to conflicts between local managers and the management directives coming from the home office. The home office often wishes to recreate the corporate culture followed at their location in a country where the national culture can be significantly at odds and this can be troublesome as it was for GE. GE’s culture was ...
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Globalization
Globalization
5 pages (1250 words)
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... Analysis of an Article on Globalization The article, “Look Again, Globalization Isn't Bad for the Poor” by Joseph S. Nye, published in the New York Times (April 13, 2010) was chosen for the present analysis. The author’s interpretation of globalization and his perception of its positive or negative impacts are discussed here. The author describes globalization in an economic context. According to him, globalization has the capacity to ring in economic prosperity and narrow down the divide between the rich and the poor. He rebukes protestors, who are against the World Bank and the International Monetary Fund, and who believe that globalization is a “catastrophe for the poor”. The author interprets g...
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Recession
Recession
6 pages (1500 words)
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... STUDY OF THE 2008 RECESSION By of the of the of the School 9 March Introduction The 2008 recession generated global financial crisis (GFC) that most countries in the western world had least expected since a similar one that occurred approximately six decades ago. The world economy has since the great depression of the 1940s experienced several declines normal in economic cycles, and later recovered easily. Most declines have been trivial in the regional and national levels, with the exception of a few serious cases like the East Asian crisis of 1997 (Radelet and Sachs, 1998). It triggered short and long standing effects in nations, some of which are yet to fully recover. The beginning and impacts...
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International business
International business
4 pages (1000 words)
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... Business Ans In accounting for the transformation of the South Korean economy, Akamatsu(1961) offers a theory of economic development that is based upon the “flying geese paradigm”. The premise of this theory is that the developing country (in this case South Korea) develops its products by introduction of imports from a developed country (in this case Japan). Local production facilities are then established and the focus changes to an export based model where the developing nation races to catch up and the developed nation which is the lead goose, eventually tires and falls back. The foundation of this approach is that the developing country takes up industrialization and upgrades its own...
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Global Business and IMF
Global Business and IMF
8 pages (2000 words)
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... MONETARY FUND An international monetary organisation of 184 countries, the International Monetary Fund (IMF) has been working since 1946 to “foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty” (Clift, 2004). Initially conceived to deal with foreign exchange systems and working for the stability of foreign exchange markets, it extended its functions to preventing crises in member countries by adopting sound economic policies and guiding them towards the path of economic development. History of the IMF – Its Origins The Great Depression and the two World Wars gave a great setback t...
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Women in South Korea
Women in South Korea
10 pages (2500 words)
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... awake of South Korean women Siqi Zhou, Rui Zhu and Yanzi Wu South Korea AMID-R404 4/22 As one of the “Four Tigers” back to 1970s, South Korea showed the rest of the world its potential to become a developed country in Asian. Indeed, with its increasing number of GDP after 1960s, South Korea reached a peak in its history that other Asian countries wished to achieve. During its development, South Koreas industry made a significant contribution to economic development. Back to where South Korea began to develop, labor intensive industry is the primary force that South Korea to be one of the "four tigers" and later created "economic miracle". The development of that labor intensive industry could not...
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Should monetary policy be boring and has this been the case for the UK and the USA over the last ten years
Should monetary policy be boring and has this been the case for the UK and the USA over the last ten years
8 pages (2000 words)
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... Policy in UK and U.S.A over the Last Ten Years Table of Contents I. Introduction ……………………………………………………… 3 II. U.S. Monetary Policy in the Past Ten Years ……………………… 3 a. 1997 Risk of Inflation ...………………………………… 4 b. Effects of the Asian Crisis ……………………………… 5 c. Effects of Globalization ………………………..………. 6 III. UK Monetary Policy in the Past Ten Years …………………….. 7 a. Effects of the Asian Crisis …………..…………………. 7 b. Effects of Globalization ………………………………… 8 c. Improvements in the Financial System of Bank of England ……………………………………….. 9 V. Asian Crisis Effects on US and UK’s Broad Money Growth and Equity Prices ………………………………………………… 9 VI. Conclusion ……………………………………………………….. 10 Referenc...
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Teenagers and their awareness about sex
Teenagers and their awareness about sex
3 pages (750 words) , Download 0
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... This assignment focuses on Hong Kong’s special role in the 1997-1998 Asian financial crisis Why do teen girls become promiscuous? Why are we moved to experience this thing called sex? Do teens in a High School environment have a higher respect for another teen when they have had sex before? Adults and some media are always telling teens to wait until marriage, or at least until they are sure theyve found their soul mate. Dont throw away your virginity on a person you wont stay with, they say. Others say if you dont respect it, lose it! One thing is certain, sex is something a person simply cannot understand completely until he or she has done it. There are emotional ties and new physical sensations...
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International Business Strategy for master degree
International Business Strategy for master degree
12 pages (3000 words) , Download 1
... Total number of words: 3005 The Salim Group wants to capture whatever opportunities may arise across nations. However, global expansion has its own challenges. This is the era of global scanning where MNEs use a combination of resource-based and market-driven approaches to strategic management. However, it has now become essential to consider the positioning perspective. The Salim Group is not interested in being a product-based company focusing on core business. It has initially been selecting its business opportunities but now realizes that it should pick up whatever comes its way. The Group is now concentrating on fewer investments after the crisis. The new investments have been made in...
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Economic relations between South Korea and China
Economic relations between South Korea and China
9 pages (2250 words) , Download 1
... Relations between South Korea and China Introduction( little bit of background info about China) Trade and more so economic relations between different nations has been the beauty of the global linkage that has happened over the past few centuries. In this paper, I will discuss the relations that exist between South Korea and China in terms of trade and look at it from an economic standpoint. For centuries, China stood as a leading country, easily outpacing other countries in the fields of arts and sciences. In the 19th and the earlier part of the 20th century, however, China was overwhelmed by civil unrest, major famines, military defeats and foreign occupation. It seemed like China would never cat...
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Banking in Russia: In and Out of crisis
Banking in Russia: In and Out of crisis
40 pages (10000 words)
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... Devyatova Research proposal Banking in Russia In and Out of crisis 19/03/2006 Phairor Klairoong Executive Summary Research aim: To obtain sufficient and in-depth information on Banking in Russia, and to understand the background picture of the 1998 Russian economic crisis, and banks’ role in the crisis, and the reforms needed in Russia’s banking sector. Research Methodology: In order to obtain relevant research information, literature sources were used to streamline meaningful data, which would give a snapshot preview of the general course of dissertation. As explained through PEST/SWOT analysis, a 7-fold research strategy(she unde...
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In what ways do changes of administration in Washington affect continuity in US policy in the Asia-Pacific
In what ways do changes of administration in Washington affect continuity in US policy in the Asia-Pacific
6 pages (1500 words)
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... of Washington Administration towards US Policy in Asia-Pacific Introduction The United s has always regarded itself as a global patronof politically, economically, and militarily struggling countries. History is in fact a great witness to its Asia-Pacific conquests at the time when old-world conquistadors and colonizers were beginning to lose their influence on their colonies. Since then, the US policy on the Asia-Pacific region has often changed during the colonial and post-colonial eras. One of the driving forces behind these constantly changing policies is the change of administration, whereby the Presidents decide according to the dictates of his party’s principles his own political will, or the ...
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Write a research paper on Confucianism
Write a research paper on Confucianism
9 pages (2250 words)
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... THE CHINESE WAY OF LIFE IS THE CONFUCIAN WAY Introduction If we ask students to enumerate ten religions that they are well acquainted with, almost always Confucianism is included in that short list. But that is a big misconception because practically all historians and scholars belie that it is a religion. They all claim that Confucius, unlike Jesus Christ, Mohammed or Gautama Buddha is not a spiritual guru. There never was an instance where Confucius appealed to any ultimate higher authority or god. Although Confucius attracted so many adherents or disciples, yet Confucius never attempted to establish any monastic order or some sort of priesthood to perpetuate Confucianism as a religion. In...
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Dissertaion on: Impact of Foreign Direct Investment
Dissertaion on: Impact of Foreign Direct Investment
20 pages (5000 words)
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... of Foreign Direct Investment [Submitted by] [Submitted to] Table of Contents ……………………………………………………………. ….3 Introduction …………………………………………………………….3 Literature Review ……………………………………………………... 5 Methodology …………………………………………………………..13 Findings and Results ………………………………………………… .15 Discussions ……………………………………………………………23 Conclusions and Recommendations ……………………………….… 23 Bibliography ………………………………………………………….. 25 Abstract Foreign Direct Investment is an essential vehicle for the development of the economy of an economy. The ASEAN4 countries were one of the fastest growing regions of the world owing to the opening of the FDI. The economy of the countries developed and the domestic companies benefited due to the t...
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The Changing Global Economy
The Changing Global Economy
13 pages (3250 words) , Download 1
... 2: Answer 1: The global market producers are following a new trend to dominate the world market. To be more competitive and successful in global market firms need to understand the economies of scale. For some sectors couple of firms became so large that only a few competitor able to compete with them like Coca-Cola, Pepsi in soft drink sector and Google, Yahoo in search engine providing sector. It is a collection of economic models and apart of International Trade which aims to maximize the returns from scale. New Trade theory was developed in 1970’s and early 1980’s.The assumptions to constant return of scale are relaxed by theorist of New Trade. NTT uses the application of mathematical economics...
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Personal Financial Services in China
Personal Financial Services in China
9 pages (2250 words)
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... Financial Services in China Contents Contents 1 Introduction of Bank of China 2 Chinese financial background 3 Analysis of Chinese financial industry 4 Analysis of Chinese Personal Financial services 6 The position and Situation of Bank of China in Chinese bank industry and personal financial services industry 7 References 10 Introduction of Bank of China One of the four main publicly owned commercial banks in China is the Bank of China. The bank commenced its financial services in 1912. It is fully owned by the government of China and is the oldest one. Before 1928, it was considered as the central bank of China that controlled the monetary policy of the economy and had the right to prin...
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World monetary system and the role of IMF
World monetary system and the role of IMF
11 pages (2750 words)
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... role of International Monetary Fund in the world monetary system The International Monetary Fund plays a major role in evolution of international monetary policies and economic policies of the governments of the member countries. The policies relating to developing countries are largely influenced by the policies of IMF as they have to comply with the conditions of IMF while they demand for credit facilities. Also, there are resentments about the IMF’s interferences in the internal economic policies of the countries in matters related to opening up of industries to globalization, privatization of public sector companies, fiscal discipline, abolition of subsidies for narrowing down the budget...
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Financial economics
Financial economics
10 pages (2500 words)
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... of purchasing power parity: It is defined as an economic theory that estimates the magnitude of variation and adjustment needed on the exchange rate between variouscountries in order for the exchange to be equal to the purchasing power and capability of each currency. PPP is mathematically represented as; S=P1 /P2 Where: "S" represents exchange rate of currency 1 to currency 2 "P1" represents the cost of good "x" in currency 1 "P2" represents the cost of good "x" in currency 2 Purchasing Power Parity (PPP) is a perfect tool and component of economic theories that is used as yardstick to determine and compare the relative values of different currencies across the world. APP can be classified as e...
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Development Trends and Woman
Development Trends and Woman
4 pages (1000 words)
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... TRENDS AND WOMEN Valentine Moghadam of the United Nations Educational, Scientific and Cultural Organization (UNESCO) wrote that "the disadvantaged position of women is incontestable" (2005, p.1). This condition is even more glaring in developing countries, known as the global south. According to Ferraro and Rosser (1994), the average per capita income of people in the south in 1987 was only six percent that of people in the developed countries of the north. Women in the south are specifically the more disadvantaged sector. The Platform of Action during the Fourth World Conference on Women in Beijing in September 1995 noted that these women "lived in unacceptable conditions of poverty" (1996, cited...
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Financial Regulatory Systems
Financial Regulatory Systems
10 pages (2500 words)
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... Summary Background The paper deals with the difference and similarities between the structure of the Australian Financial regulatory system and the Singaporean one. It throws light on the history of financial regulatory system of both the nations with brief introduction of a well-structured financial system. Besides the structure and functions of the financial regulatory system in Australia and Singapore it discusses the disclosure and corporate governance in both the countries. The paper also brings forth the evolution of financial markets in Australia and Singapore. All these points are dealt with close contrast between Australian and Singaporean financial system. Main purpose of the paper The m...
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International Finance
International Finance
9 pages (2250 words)
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... Full 4 November, Contents Introduction 3 Political Risks 3 Form of Government 4 Living Standards andIncome Distribution 4 Orderliness and Leadership Succession 4 Cultural and Demographic Characteristics of Population 5 Integration within international Economic System 6 Security Risks 6 Economic Risks 7 Structure of Current Account 7 Resource Endowment, Level of Development, and Economic Diversification 7 Size and Composition of Savings and Investment 8 Rate and Pattern of Economic Growth 8 Effectiveness of Fiscal and Monetary Policy 9 Structural Economic Reforms 9 Long Term Economic Projection 10 Works Cited 11 Introduction The OECD defines foreign direct investment (FDI) as “investment that adds to...
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Oil price
Oil price
5 pages (1250 words) , Download 1
... summary: This paper shows the trends in the price of oil since 1999 and the global demand and supply of oil. It identifies the causes thathave led to the associated situations in the past as well as currently. The price of oil has been rising steadily since 2002 and the world is unlikely to see any change in this trend. The major reasons put forward for this situation are the rising global demand for oil particularly in economies like China and India which are seeing rapid growth in their economies, the production of oil growing at a slower pace and the reserves of oil being depleted. Since this rising prices is inevitable, the major countries will need to find alternative sources of energy to...
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The study in economic factors affecting on the value of Stock Exchange of Thailand Index (SET index)
The study in economic factors affecting on the value of Stock Exchange of Thailand Index (SET index)
16 pages (4000 words)
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... Review Literature review: Economic Factors affecting on the value Stock Exchange of Thailand index (SET Index) Introduction Relationship between stock market value and multiple macroeconomic variables have been very limited throughout the times. The literature review studies seven macroeconomic variables that affect stock value of Stock Exchange of Thailand through application of Arbitrage Pricing Theory (APT) with effect to change with the asset prices, monetary policy change and equity markets and its impacts on the stock values. Arbitrage Pricing Theory Arbitrage Pricing Theory is an alternative to Capital Asset Pricing Theory; the model has been used throughout time to determine returns of capit...
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A recent crisis in tourism in Thailand
A recent crisis in tourism in Thailand
12 pages (3000 words)
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... A recent crisis in tourism in Thailand A recent crisis in tourism in Thailand College Thailand stood as the second –largest player in the tourism sector in the region and one of the top 30 destinations in the globe both in indirect and direct contributor to GDP and in absolute terms. In 2010, 15.8m foreign tourists visited Thailand. However, the arrival of the foreign tourist sharply declined by 12.9% in May 2010 as contrasted the corresponding period in 2009. In the last two decades, Thailand had witnessed one after another worst crisis. The decline in numbers in 2010 was due to long-run street protests in Bangkok that dispirited the foreign tourists. In the fag end of the year 2011, Thailand met...
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Asian Economic Development
Asian Economic Development
11 pages (2750 words)
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... the Lion Roars: Singapore in the New Millennium Originally established as a trading post under the British in 19819, Singapore eventually joined the Federation of Malaya after World War II, and emerged as among the Tiger economies of Asia. Its long tradition of international trading, from a simple trading port to a cosmopolitan hub for trade, is one of the reasons why it ranks as one of the world's most prosperous nations equal to the leading countries of Europe (The World Factbook 2006). Singapore's prosperity can be explained in part by its history and traditions. The determination and foresight of its leaders also explain how it was able to consolidate and strengthen its economic and political f...
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Samsung Electronics And Its Managerial
Samsung Electronics And Its Managerial
6 pages (1500 words)
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... Samsung Electronics has experienced a meteoric rise in its field sine the Asian financial crisis, when its debts were pushing it too the brink of bankruptcy. In the ensuing years Samsung changed both its managerial, operations and product concept and has become an outstanding technology innovator, which has enabled it to evolve to the position of one of the top five companies in Asia, and holding a solid number three position among global electronic companies. "Samsung employs approximately 113,600 people in over 90 offices in 48 countries. The company consists of five primary businesses units; The Digital Appliance Business, Digital Media Business, LCD Business, and Telec...
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Business Report
Business Report
8 pages (2000 words)
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... Business Report Table of Contents Introduction 4 Body 4 Aim 4 Scope 4 Growth Rate in Next Five Years 5 Answer Identification and Explanation of Policies and Plans 5 Five Year Economic Plan 6 National Tourism Policy 6 National Eco-Tourism Plan 7 Rural Tourism Plan 8 Work Place Policies 9 Other Policies 9 Answer 2: Achieving sustainability during the time of rapid growth 10 Answer 3: Policy and Planning Implication and Recommendations 12 Conclusion 13 References 15 Appendix 17 Introduction Body Rapid growth of tourism industry is one of the important drivers of economic growth of a number of developing countries. However, it is clear that the connection between the economic growth and growth in...
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Economics
Economics
8 pages (2000 words)
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... Despite setbacks to International Trade over the last ten years due to a variety of factors, the global economy is more integrated than it ever was and these setbacks have proved to be transient and the resilience of the global economy has ensured recovery. However, the current economic slowdown is threatening the international system like never before and the concern is that International Trade may suffer as a result of protectionist measures adopted by the governments of the world as a response to their shrinking economies. I argue in this paper about the government’s stimulus package and its effects on the economy with specific reference to International Trade. My point throughout the paper is wha...
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The impact of the current recession (global financial crisis) on human resource management
The impact of the current recession (global financial crisis) on human resource management
13 pages (3250 words)
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... The emergence of Human Resources Management (HRM) is associated to the historical development of the trade and of the finances in which organizations work. Accordingly, the decisions and roles of human resource managers and functions of human resource management accept to the shifts that emerge in the cycle of economy. Since 2008, international economy has been submerged in one of the most important structural economic recessions of current times. The origin of economic crisis can be identified with the North American economic downturn (Benson and Rowley, 2004), and its results have affected all international economic sectors of production, triggering a huge and deep job crisis which has directed to ...
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South Korea Country Risk Analysis
South Korea Country Risk Analysis
7 pages (1750 words)
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... Risk Analysis – South Korea SUMMARY South Korea, the Republic of Korea, is a presidential republic, a developed country with high standard of living. To evaluate whether the nation is conducive to foreign investments, political and economic risk assessment becomes essential. The political risk assessment was conducted based on factors such as the political stability, the labor market, the population, the tax burden, and the unemployment rate. In addition, the infra structure prevalent in the country, the population and the national culture were assessed. South Korea is politically stable and has excellent infrastructure. With consistent reformation policies, the Government has been able to transform ...
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Business and Canadian Government Policy - International Trade Policy
Business and Canadian Government Policy - International Trade Policy
10 pages (2500 words)
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... and Canadian Government Policy - International Trade Policy Table of Contents Introduction 3 Thesis ment 3 Rationale and Supporting Evidence 4 Normative Analysis 5 Positive Analysis 5 Economic Analysis 7 Impact on business in Canada 8 Conclusion and Recommendations 9 References 10 Dicken, P. (2003). Global shift: reshaping the global economic map in the 21st century. London, UK: Sage. 10 Kennedy, P. (November 22, 2010). Canadian stock exchanges eye expansion in China. Stock House. Retrieved November 23, 2010, from http://www.stockhouse.com/community-news/2010/nov/22/canadian-stock-exchanges-eye-expansion-in-china 10 Nickel, R. (November 19, 2010). Canada: China inflation fight wont hit farm trade. Re...
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Governance and policy
Governance and policy
6 pages (1500 words)
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... This paper is about identifying the trends in British economic policy that are apparent because of the credit crunch in the US and UK economies since the winter of 2007. The paper explains how the trends have been identified with reference to the credit crunch as well as what caused the credit crunch. It has been said that the post WWII super debt cycle is coming to an end and it has been further pointed out that changes in the macro and micro environment ever since the last decade of the 20th century when the Bush administration in the US and the Blair administration in the UK adopted what can be called “supply side” economics, the cornerstone of which was reducing the tax rates for corporates...
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Audit of international fashion marketing
Audit of international fashion marketing
11 pages (2750 words)
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... of Contents Table of Contents 1 Introduction 2 2 Fashion Market in South Korea 3 3 Target Consumers 6 4 4 P's 7 4 Product 7 4.2 Price 9 4.3Promotion 10 4.4 Place 12 5 Conclusion 12 6 Bibliography 14 1 Introduction The Korean government has been systematically eliminating trade barriers for textiles and apparels under an agreement with the World Trade Organization (WTO) since 1992, and this has been making it easier for European and American marketers to do business in Korea (Weisman & Raper, 1998). This increasingly globalized market environment forces Korean local marketers to face more and more international competition. It also signifies that international marketers have greater opportunity to t...
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Introduction to social policy
Introduction to social policy
10 pages (2500 words)
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... to Social Policy Social Policy: The "social policy" is used by the government to apply to the policies for welfare and social protection, to the ways by which welfare is developed in a society and to the academic study of the subject. Social policy is usually concerned as policies for social service and for welfare of state, but actually it means that these policies are concerned to the issues, which are beyond government's actions. This also means the way by which welfare is promoted which shapes the development of welfare by social and economic conditions. How globalization affect social policy : Although social ...
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