Saturday, February 15, 2020

Consumer Behaviour in the UK high street clothing sector Essay

Consumer Behaviour in the UK high street clothing sector - Essay Example Particularly, UK and US can be regarded as the innovators of industry trends. Subsequently, the retail industry in these regions is substantially competitive, organized and efficient with the growth rate of 35%. The feature of urbanization has transformed the retail format of these countries with innovative tactics and business strategies. Wal-Mart, Mark & Spencer, Morrison, Tesco and Sainsbury are some of the leading chains of UK retail industry. The introduction of global competitors on board have not only enhanced the competition in retail sector but also have groomed the taste of consumer base resulting in the wide diversity towards brands and trends with an exceptional taste. (Experian, nd). In the year 2,000 the spending of consumer (worldwide) estimated on clothes marked the figure of US$1 trillion. (al., 2006) Current consumer behavior concepts; Consumer Behaviors is the study of people buying patterns, depicting the what, when and why aspects of buying. Effective understandi ng of buyer decision making process with social and economical concerns is necessarily to be evaluated in an attempt to understand people’s want and expectations for successful growth. Consumer buying behavior in retail industry is supported by set of six consecutive actions that include: Need / Want acknowledgment. Information hunt Evaluation of substitutes. Buying decision Buying Post Purchase Evaluation. A Model of influencing factors will illustrate various grounds influencing consumer behavior. (Phillip Kotler, 2003) However, the most influencing factors that underpin the ultimate buying decision of consumer are the psychological factor that is being controlled by features like motivation, perception, believes & attitudes and learning. The role of advertising in controlling the psychological factor to steward the others cannot be under estimated. A commentator on American literature claims that, â€Å"Advertisements are the pervasive part of the American aural and visua l environment. It is impossible to ignore their wider role in providing people a general education in goods, status, values, social roles styles and art†. (Phillips, 1997) (Agnes Nairn) The role of advertising can be regarded as factor to mould consumer towards a specific pattern. The different media outlets used for advertisement includes radio, TV, billboards, internet and even the walls. In the broad spectrum the â€Å"can do† aspects of advertising plays a major role in the growth of consumption. A research conducted to unfold the fact witnessed attitude shifts when â€Å"shame campaign† was jointly launched by department of Environment in Belfast and National road safety council in Dublin in November 2000. Attitude shifts were monitored by researchers among the core target of 17-24 males and massive increase in understanding that even one drink would affect driving were found as below: ("Industry as a partner for sustainable developments") Marketing Research and Strategy; The role of Marketing Strategy in the words of John Scully can be defined as a series of integrated actions leading to a sustainable competitive advantage. Competitive advantage depicts development of features which are not simultaneously implicated or discovered by competitors. On the wide spectrum a successful strategic marketing management draws its objectives from the corporate mission of the organization, driven by organizational values and embedded in company’

Sunday, February 2, 2020

Corporate social responsibility and business Essay

Corporate social responsibility and business - Essay Example To answer the research question, there is consideration of the actual meaning of corporate social responsibility which relates to understanding the impact of business on the wider world, and considering the positive impact of the business. Corporate social responsibility is a bottom line determiner of the operation of the business. This is because a business that demonstrates enviable traits receives more customers since the business has a social obligation to its customer, implying that if the business demonstrates appropriate social responsibilities to the community which is also the customers, then they will feel much welcome to purchase from the business. In the study work of Boeger, Murray and Villiers (2008), there is evidence that taking a responsible attitude and going beyond minimum legal requirement without considering the size of the business are vital for the success of the business. The study further demonstrates that following straightforward principles that apply to an y business without considering the size is crucial for the welfare of the business. The research proposal takes into consideration the various forms of social responsibility and the bottom line impact on its success. ... The interview would entail recording of the information on questionnaires consisting of two sections. One section comprises information from the community where most are customers of the business, while the other section would be the information from the business. Most of the information in the reading is sourced as evidenced in the research work of Farquhar (2011). Literature Review Information and Data Analysis From the interview, it is evident that working with the local community comes with its benefits. From the information and previous study work of Heald (2005), many businesses find host in local customers since they are vital sources of sales. To be able to recruit employees, there is a need by the business to improve its reputation since a good relationship with the authorities and the community as a whole makes the operations of the business easy. According to Horrigan (2010), most local authorities award contracts to businesses which have a record of involvement in the com munity. Some of information from the interview explains that getting involved with the community would be in terms of supporting local charity or sponsoring a local event. This helps to prove the expertise of the business and demonstrate the face of the business. The information received explains that many businesses involve their employees while working with the community. This is in support to the research conducted by Jackson, Ones and Dilchert (2012), which explains that some businesses will let the employees choose and do voluntary activities for the community and avail pay off time for their efforts. Information received from the interviews indicates that corporate

Saturday, January 25, 2020

Tajikistan labour migration and its implications

Tajikistan labour migration and its implications Introduction Background Labour migration and remittances are one of the most evident globalisation phenomena in Tajikistan. According to UNDP Human Development Report (2005) and World Bank (2008) from 600,000 to 1,500,000 Tajik citizens migrated overseas for work in 2005 and remittances being sent by them constitute staggering 36% of national GDP of Tajikistan. Remittances are proven to be large source of external finance stimulating consumption which in turn has a very positive effect on economy, especially on services sector. According to World Bank (2005) remittances are considered as the second biggest source of development finance after foreign direct investment. While remittances serve as an important social stabilising factor, they can also act as means of internal investment and boosting in this manner local development. My analysis will focus on the role of remittance savings either in leveraging to borrow from banking systems to invest in activities such as small businesses, or in directly financing them, which as the result improve the economic welfare of migrant households in both rural and urban areas. This dissertation will be based on analysis of data sources coming from various researches conducted by international organisations and research centres about Tajikistan labour migration and its implications. I will also examine the dynamic strategic aspects of interaction between the migrant and the remittance-receiving relatives and asses the benefits of particular types of motives under remitting. Furthermore, I would like to model hypothetical usage of savings out of remittances to business opportunities and asses the implications. The Republic of Tajikistan Tajikistan is the smallest country in the Central Asia and situated in south-east part of that region. 93% of Tajikistan consists of mountains, and more than half of the country lies on an altitude higher than 3000 meters above sea level. This leaves the countrys population of approximately 7 million people to reside and produce mainly in the remaining 6.52% of arable land, struggling with landslides, earth quakes, mudslides and unreliable access to clean water.. What is more, the countrys mountainous areas not only challenging for agriculture, but also contributing to a regionalisation and division of the country as the mountain ranges separate east from west, and north from south. These regional complications became particularly pertinent during the 1992-97 Civil War where, according to the International Crisis Group (ICG), between 60,000 and 100,000 people died, approximately 600,000 were internally displaced and 80,000 left the country, including a significant amount of the Slav population. The ICG estimates the cost of the war to U.S. $7 billion, and in this way significantly slowing the countrys modest attempts for post-Soviet recovery. After the dissolution of the Soviet Union and the devastating Civil War, the country has experienced a significant decline in living standards through a rise in unemployment and poverty, and a deterioration of infrastructure, health care and education. Furthermore, the country lost its previously established export markets, sources of supplies and subsidies from Moscow (accounted to almost 40 percent of government revenue) (European Observatory on Health Care Systems, 2000). According to Trade and Investment Division (2001), â€Å"Between 1991 and 1997, the level of GDP diminished by more than 60 percent which significantly reduced the living standards of the less protected part of the population.† (p. 252). All these above mentioned factors urged Tajikistan to accumulate foreign debt, which reached $880 million US dollar by 1998. It is worth state that Tajikistan has comparative advantage in growing of cotton, which is considered as cash crop and main source of foreign exchange (World Bank Poverty Assessment Tajikistan Update). Namely the export of cotton coupled with aluminum helped the country to restore external balance. Although cotton is strategically important, the growing of that crop entails difficulties with extensive irrigation and profitability nowadays. FAO (2008) claimed cotton growers in Tajikistan were indebted about 100 million US dollars due to dramatic drop in prices for raw cotton in 2000. All these difficult situations have encouraged considerable labour emigration and a return to a more patriarchal society based on religious beliefs and old traditions as survival strategy when the traditional mans role as the main bread winner of the family is being challenged. Poverty and Migration Tajikistan was the poorest among the Soviet Union republics and nowadays, it remains the poorest country in Europe and Central Asia region. According to World Bank Poverty Assessment Tajikistan Update, Tajikistans mean per capita income by 1989 was less than half of that in Russia. Its national income per capita was less than 200 US dollars. After gaining of independence, figures were even deplorable; 81 percent of population lived under poverty line in 1999 (less than 2.15 US dollars per day at purchasing power parity). (Source TLSS 2003 and TLSS 2009). The unofficial unemployment rate was around 30%. After the end of civil war and some years of stability and peace Tajikistan experienced substantial improvements in poverty rates, which dropped to 64 percent in 2003. However, still, this is the highest rate of poverty when compared to that of poor countries in Commonwealth of Independent States, like Kyrgyzstan (54 percent in 2001) and Moldova (45 percent in 2002). (Source: Poverty A ssessments for respective countries.) Poverty rates in rural areas are higher than in urban areas. In 2003, the proportion of poor people was 65 percent in rural areas against 59 percent in urban. (World Bank Poverty Assessment Update). Provided that 73 percent of the population of Tajikistan lives in rural areas the poverty can be considered overwhelmingly rural. (World Bank Poverty Assessment Update). Given that Tajikistan has the youngest population structure of the former Soviet countries with 70 percent aged under 30, poverty is overwhelmingly among young and economically active part of the population. Lack of income means lack of opportunities: not only loss of access to food, health care and education, but also the loss of the ability to choose and control ones own life. Poverty destroys human capital and has an adverse impact on social relations, leading to violence and instability. (Saodat Olimova) Furthermore, in 2007, Tajikistan experienced the hard consequences of strong rise in international food and fuel prices; especially it is felt by people of Tajikistan. While the impact of the higher fuel and food prices and misguided market interventions of the government have been felt by everyone, many households in rural and mountainous areas seemingly are on the verge of destitution. While many vegetable prices have increased between 20-30% in the last 11 months, wheat flour has increased 81-131%, and cooking oils from 118-139%. All the while, real wages for unskilled laborers (which are too low to cover household costs to begin with) have increased by a mere of 20% (by 6% in KT). In short, wages are not keeping pace with the dramatic increases in food and fuel prices. Traditional lepeshka now cost 1 somoni of the 44.61 somoni an average teacher or nurse earns a month. Clearly, people have to find ways to survive and migration seems the only plausible way to do so. Thus, it is hard to improve ones living conditions in Tajikistan, and many find themselves forced to seek employment abroad. Furthermore comparatively improved economies of Russian Federation and other CIS countries create an appropriate environment for migration from Tajikistan. According to a year 2006 International Organization for Migration (IOM) survey on trafficking from Tajikistan, 96.9% of the approximately 1 million migrants from Tajikistan go to Russia in search of work. 1.4% of the migrants work in Kyrgyzstan, 0.7% in Kazakhstan, and another 0.7% in Ukraine. Also, according to an IOM report conducted amongst 2000 migrants in 2002, with follow-up amongst 4000 migrants in 2003, these migrants were 85% men and 15% women in 2002. Amongst men, the age groups 18-29, 30-39 and 40-49 all make up approximately one third of the migrant mass each. Olimova and Bosc divide these age groups into two, corresponding to the traditional life cycle in Tajikistan: â€Å"sons† of 18-29 years, and â€Å"fathers† of 40-49 years. The first group migrates mainly to make money to establish his own family, whereas the second group goes abroad to be able to feed his family and organize the traditional ceremonies for his children. In average, 68.5% of the migrant s are married, and 22.6% live together as in marriage in Tajikistan, but without official registration. The last group consists mainly of youth between 15 and 19 years of age. Theoretical Background GREGORIAN, D. MELKONYAN, T. (January 2008) Microeconomic Implications of Remittances in an Overlapping Generations Model with Altruism and Self-Interest, IMF Working Paper, WP/08/19. This publication illustrates the dynamic strategic aspects of interaction between the migrant and remittance receiving relatives and shows the various microeconomic implications under each particular circumstance of interaction. Gregorian and Melkonyan analyse the plethora of motives for remit in terms of altruistic and self interest behavior of the remitter. In addition, they consider the scenario where two parties could work out self-enforcing contracts to implement choices that maximise their total surplus. They also discuss both the migration and the remittance patterns in Armenia with a particular focus on push and pull factors. The main part of the paper contended an empirical estimation of the microeconomic impact of migration and remittance in Armenia on hours supplied to the market, education spending, savings and borrowing behaviour from commercial banks. In the words of Gregorian and Melkonyan, â€Å"this evidence [of the paper] suggests that the benefits of remittances might be overstated and emphasises the importance of measuring their impact in a general rather than a partial equilibrium context†. In conclusion, the authors suggest that there is a need for either direct or indirect policy measures in shaping the remittance flows and their impact on the behaviour of remittance receiving households. This article inspired me to deepen my research of the dissertation topic in terms of analysis of not only the quantitative pattern of remittances but also the behavioral aspects of this phenomenon. That is, whether the remitter has altruistic or self-interest motives while sending money back home and what the possible outcomes are under each circumstance. I will also consider models and regression methods used in the paper to estimate possible impacts of remittance on labour supply, education spending and saving/borrowing behaviour in Tajikistan. Furthermore, the above paper put forward a vague, but at the same time, ambitious notion of potential policy measures that should be taken in order to promote remittance saving for the creation of small business and entrepreneurial activities in households, which I believe will be a crucial part of my dissertation. GIULIANO, P. RUIZ-ARRANZ, M. (March 2006) Remittances, Financial Development, and Growth, Journal of Development Economics, doi: 10.1016/j.jdeveco.2008.10.005 This paper examines the relationship between remittances and growth, and in particular the influence of local financial sector development on a countrys capacity to take advantage of remittances. Giuliano and Ruiz-Arranz underline the importance of remittances in promoting economic growth whilst looking specifically at the interaction between remittances and the financial sector. This publication is considered to be the first paper to provide evidence for both complementarity and substitutability between remittances and financial development in promoting economic growth. The authors make use of newly constructed data for remittances covering 100 developing countries and illustrate that remittances boost growth in countries with less developed financial systems by providing an alternative way to finance investment and helping to overcome liquidity constraint. They also suggest that there could be an investment channel through which remittances could promote growth especially when the financial sector does not meet the credit needs of the population, where remittances act as a substitute for financial services. I plan to make substantial use of the concept of interaction between remittances and the financial sector in growth in my dissertation, as the issue of leveraging and borrowing from banking systems by remittance-receiving households is central to my dissertation topic. In particular, I want to look at the possibility of commercial banks opening lines of credit for remittance-receiving households, based on the earning of the migrant. Additionally, I will consider this papers analysis of cyclical properties of remittances to assess whether they are procyclical and predominantly profit-driven or countercyclical. Accordingly, I aim to analyse the relationship of Tajikistan GDP and capital flows and see if they are correlated. PALEI, L.V. KOROBKOV, A.V. (2007) Migrant Remittances in the CIS: The Financial and the Socio-Economic Impact, Paper presented at the International Studies Association 48th annual meeting, Chicago, IL. This paper studies the current labour migration trends in the countries of the CIS and analyses the role of remittances as a means of socio-economic stabilisation in labour migrant source countries. It also provides the core causes of migration and its aspects in the context of a globalising world. Moreover, the authors examine how remittances could play an important role in the development of the country and what policies governments should adopt in order to better utilise the development potential of remittances. The paper is valuable as a source of background information on the causes and nature of migration processes in countries of the CIS. It also provides figures on the total number of migrants and remittances sent by them. Moreover, the authors identify remittances as one of the major stabilising factors of an economy and justify this by presenting statistics on remittances as a percentage of national GDPs. The important thing about this paper was that it focused very much on Tajikistan as one the major labour migration source countries. UNDP (2005) Central Asia Human Development Report, UNDP Regional Bureau for Europe and the Commonwealth of Independent States. This report studies the level of human development in Central Asian Republics. Throughout the report, the importance of increased regional cooperation in economic and other spheres of activities is repeatedly underlined. While mentioning some of the significant vulnerabilities of the region as being, for example, largely landlocked- the report also highlights the newly emerging opportunities availability of natural resource and being surrounded by fast developing countries. In conclusion, the report stresses the necessity to continue the process of reform in different sectors of economy. This report is a good source of so called country â€Å"baseline data†. It provided statistics on economic, demographic, social, and environmental aspects of a countrys development. Additionally, it looks specifically at the issue of labour migration and its economic, social, and cultural aspect. Being prepared by UNDP an organization, particularly active in Tajikistan- the report gains additional reliability and accuracy. AMUEDO-DORANTES, C. (2006) Remittances and Their Microeconomic Impacts: Evidence from Latin America, Journal of Proceedings, Federal Reserve Bank of Dallas, 187-197. Amuedo-Dorantes provides an overview of the remitting patterns of migrants, from Costa Rica, Dominican Republic, Haiti, Mexico, Nicaragua and Peru, working and residing in the United States. She summarizes the microeconomic impacts of remittances, particularly on spheres of employment, business ownership, education and health care investments. Furthermore she emphasises the importance of remittances as a resource for the accumulation of human capital investments in education and health and as a determinant of employment patterns in remittance-receiving households in developing economies. This publication gave me the idea concerning the appropriate categorisation of purposes of remitting into two broad groups; consumption, which consists of food/maintenance, purchase of a vehicle, recreation/entertainment expenses and debt payment; and asset accumulation/investment, which consists of construction, repair or purchase of a house, purchase of tools, livestock, agriculture inputs, start/expand of business, education and health expenses and savings. BORJAS, G.L. (1999) The Economic Analysis of Immigration, in the Handbook of Labor Economics, Vol 3a, 1698-1757. This particular paper investigates labour market affects of immigration in both the host and home country. Borjas emphasises the measuring of relative skills of immigrants and evaluation of implications of relative skill differentials on economic outcomes. The author focuses on different environments and premises where the human capital of the source country influences the labour market of the host country. That is, an analysis of the factors that determine the skills of immigrants; a discussion of the implications of the income-maximization hypothesis for the skill composition of the self-selected immigrant flow, an estimation of how the skills of immigrants compare to those of natives -both at the time of entry and over time as immigrants adapt to the host countrys labor market, an examination of the concept of economic adaptation with analysis of the relationship nature of an immigrants â€Å"pre-existing† skills and the skills that the immigrant acquires in the host countr y, and finally, an evalution of the impact of immigration on the wage structure in the host country. This paper provides an important and basic understanding of the affect that immigration has on the economy of a host country. I will use the models and generalisations found in Borjas paper to analyse the migration pattern between Tajikistan and the Russian Federation. Furthermore I will use them for policy recommendation and measures in my dissertation. LEE-NAH, H. (2007) Outcome evaluation of HIV program in Tajikistan, Final report, Retrieved July 12, 2008 from http://www.undp.tj/files/ev/ev_report.pdf. The evaluation study outlined in the report was commissioned by UNDP, Tajikistan and is aimed at assessing the impact of two HIV related programs which were implemented in the country. These programs dealt with working on HIV prevention and mitigation in the following target groups: labour migrants and their families, prisoners, habitual drug users, sex workers, school youth, etc. The evaluation methods used included the thorough review of relevant documents and statistics, interviews, and site visits. The report provided an in depth analysis of the current situation with AIDS/HIV in Tajikistan and an indication of the success rate of the implemented programs, concluding with a set of recommendations on different levels of intervention and target groups. The report presented a very good source as a synthesized analysis of different documents and statistics available on HIV in Tajikistan. Specifically, it provided statistical data on the overall official number of people infected in the population (while also citing unofficial estimates), prevalence figures, and broke down the infected persons into different groups (including labour migrants). It also outlined the efforts which are being made to prevent the proliferation of HIV among labour migrants and recommendations to improve this process. The report, however, did not specifically feature any future projections of HIV infection spreading due to increasing number of labour migrants and their exposure to countries with much higher prevalence figures than those in Tajikistan. Remittances and Financial Sector in Tajikistan â€Å"Migration from Tajikistan and the consequent remittances have been unprecedented in their magnitude and economic impact.† IMF, Alexei Kiriyev, page 4-5 The measuring of remittances magnitude is still not definite:

Friday, January 17, 2020

Never: High School High Essay

Dropping out of school is an issue faced by many teens today. I feel that there are many reasons why students want to and do dropout of school. Due to my research students use dropping out of school as a way to escape from their problems. Further in this paper I will provide you with the information telling you what I recollect the problems are. One of the greatest problems students have in countries such as the US is dropping out of school. I feel that the most average reason for students turning to dropping out is because of them being affected by their family problems. One way they could become affected is by their family, is having obsessive parents. Students might feel if they stop going to school it could be the only way to get back at parents that act in such manner. Another reason for students dropping out of schools is because of their family income. Everyone knows that young people these days have the thought that they need flashy and expensive clothing to go to school. Students could also have the thought because of misguidance. They could have a family that has been raised on relying on something other than school for a key into happiness. I think if students have some desire for school one will work their ups and downs out throughout the school years. See it is possible for family to be the problem that’s makes some drop out. If a student does not feel well, it is most likely that the student’s performance decreases. I feel if the student has no desire what so ever for school there no way the student will make it through school. School is another object that forces students to give up and dropout. Changes of the family environment might also affect the student’s progression, if a parent dies, another child is born, the student has a child, and the circumstances change significantly. And some teaching staff teaches to fast and with the teacher moving too fast could cause failure in grades and that also makes students give up. Anything that causes a student to feel unsafe could make them dropout. Additionally, teachers could be the reason as well. The student is the last reason I will tell you about but is not the last reason known. If you want a good future go through school and there’s a 90% percent better chance your life will turn out better. The other students gets the student to dropout to see what happens to them because they really is the one who wants to but isn’t sure what will happen. No matter what your problems are you shouldn’t drop out of school. Teachers could be teaching in a way that’s not making the course interesting, which also could make the student bored with the course and not getting any motivation from the teaching staff leads to less attendance of the course. It’s been known for years that young people who do not earn a high school diploma face many more problems later in life than people who graduate. Dropouts are more likely to be unemployed, have poor health, live in poverty, be on public assistance, and be single parents. National leaders have demanded that schools, communities, and families take major steps to retain students but the dropout rate remains high. Every 29 seconds, another student gives up on school, resulting in more than one million American dropouts a year – or 7,000 every day. What defines a dropout? Dropping out is defined as leaving school without a high school diploma or equivalent credential such as a General Educational Development (GED) certificate as defined by the National Center for Education Statistics. Characteristics of Students Who Drop Out Social economic Background. National data show that students from low-income families are 2. 4 times more likely to drop out of school than are children from middle-income families, and 10. 5 times more likely than students from high-income families. Disabilities. Students with disabilities are also more likely to drop out. The National Transition Study estimates that as many as 36. 4% of disabled youth drop out of school before completing a diploma or certificate. Race-ethnicity. Hispanics and African Americans are at greater risk of dropping out than whites. Hispanics are twice as likely as African Americans to drop out. White and Asian American students are least likely to drop out. Academic Factors. National research also indicates that academic factors are clearly related to dropping out. Students who receive poor grades, who repeat a grade, or who are over-age for their class are more likely to drop out. Absenteeism. Students who have poor attendance for reasons other than illness are also more likely to drop out. Clearly, students who miss school fall behind their peers in the classroom. This, in turn, leads to low self-esteem and increases the likelihood that at-risk students will drop out of school. Occupational Aspirations. Young people’s perceptions of the economic opportunities available to them also play a role in their decision to drop out or stay in school. Dropouts often have lower occupational aspirations than their peers. Predictive Factors. The following individual-level factors are all strongly predictive of dropping out of high school: Grade retention (being held back to repeat a grade) Poor academic performance Moves location during high school High absenteeism High absenteeism The student’s feeling that no adult in the school cares about his or her welfare Reasons young people give for dropping out: Didn’t like school in general or the school they were attending Were failing, getting poor grades, or couldn’t keep up with school work Didn’t get along with teachers and/or students Had disciplinary problems, were suspended, or expelled. Didn’t feel safe in school Got a job, had a family to support, or had trouble managing both school and work Got married, got pregnant, or became a parent Had a drug or alcohol problem Consequences of dropping out: In recent years, advances in technology have fueled the demand for a highly skilled labor force, transforming a high school education into a minimum requirement for entry into the labor market. Because high school completion has become a basic prerequisite for many entry-level jobs, as well as higher education, the economic consequences of leaving high school without a diploma are severe. Earnings Potential. On average, dropouts are more likely to be unemployed than high school graduates and to earn less money when they eventually secure work. Employed dropouts in a variety of studies reported working at unskilled jobs or at low-paying service occupations offering little opportunity for upward mobility. Dropping out, in turn, causes other secondary, indirect problems: Public Assistance. High school dropouts are also more likely to receive public assistance than high school graduates who do not go on to college. In fact, one national study noted  that dropouts comprise nearly half of the heads of households on welfare. Single Parents. This increased reliance on public assistance is likely due, at least in part, to the fact that young women who drop out of school are more likely to have children at younger ages and more likely to be single parents than high school graduates. Prisons. The individual stresses and frustrations associated with dropping out have social implications as well: dropouts make up a disproportionate percentage of the nation’s prisons and death row inmates. One research study pointed out that 82% of America’s prisoners are high school dropouts. Why do so many students drop out school? Why do students drop out? Today MPs expressed impatience with universities for failure to block the hemorrhage of students from their courses. In the five years since the public accounts committee’s (PAC) last report on university dropout rates, just over a fifth of students still quit their original course. According to the latest figures in today’s PAC report, around 28,000 full-time and 87,000 part-time students who started first-degree courses in 2004-05 were no longer in higher education a year later. This is despite ? 800m being paid to universities over the same period to help retain those students most likely to leave their courses early. Last summer’s National Audit Office (NAO) cited several, inter-related reasons, among them personal and financial reasons, homesickness, failing to bond, dissatisfaction with, or the wrong choice of, course – where working-class students in particular may lack the confidence to change course or institution. But the PAC report suggests widening participation – the government’s desire to see more students with no history of higher education going to university – is partly to blame. But is widening participation really responsible for high dropout rates? Certainly the committee concludes that universities need to do better at providing the kind of teaching and support services those students from under-represented groups need. And there is â€Å"great disparity† between universities in the rate at which students continue to a second year of study. According to the committee’s chairman, Edward Leigh, comprehensive and reliable information upon which decisions on how to improve retention can be based – including data on why students leave – is missing in many cases. â€Å"Personal tuition and pastoral  care should also be given a higher priority and appropriate resources, especially as many universities are large and can be impersonal,† he explained. His committee’s 2002 report recommended more funding to support students from low-income backgrounds, tackling skills gaps, supporting students with disabilities and providing more information for potential students. On top of better data collection, today’s report concludes that universities should provide additional remedial academic support for students and more access to tutors for pastoral and academic help, especially as the number of students entering institutions increases. But vice-chancellors argue their universities have coped admirably with among the best student completion rates for HE internationally, despite student numbers rising by 25% between 1999 and 2004. Universities UK (UUK) president Prof Rick Trainor said: â€Å"Universities are committed to supporting their students throughout their time in higher education and have introduced many initiatives and schemes designed specifically to help students complete their studies – for example, mentoring, study skills and support. † But he conceded there was â€Å"room for improvement in certain areas†. In particular, UUK is looking at whether students who decide to leave could fill in an â€Å"exit questionnaire† to give universities more information on their reasons for dropping out. Pam Tatlow, chief executive of the Million+ group of new universities, wants to see the government commission research to look at the costs to universities of recruiting and supporting different types of students. â€Å"Our research shows that different fee regimes for full-time and part-time students [who respectively pay at the end of their course or up front] is a disincentive for people who are struggling to stay on,† she said. Quite a few universities perform better than the Higher Education Funding Council for England (Hence) benchmark sets for them, she explained: â€Å"Universities lose money if they don’t retain their students so it’s in their interest to improve retention rates. † But the money universities get for widening participation or part-time students – â€Å"premium† – does not cover costs, she warned. And universities that do more to widen participation are also likely to have more mature students who are more vulnerable to dropping out: 14% compared with 6. 8% of young entrants. Gamma Tumult, president of the National Union of Students, said: â€Å"It is vital that [widening participation] institutions are funded fairly to provide academic, pastoral and financial support – otherwise, we risk admitting students from the most disadvantaged backgrounds on a false promise. † â€Å"Markets in fees and bursaries will only exacerbate this situation and that must be taken into account in the 2009 review,† she added. Tumult also backed the idea of an exit survey and called for â€Å"more transparency† on how money is being spent. This would enable universities to reallocate funds where they are really needed, she said. Hence, which allocates universities’ widening participation funding, said it was positive drop out rates had stayed the same despite huge increases in student numbers. A spokesman said: â€Å"The funding is worthwhile because if students from non-traditional backgrounds do get through the first year in particular, they do stand a very good chance of succeeding. † Hefted is planning to hold a number of workshops with the NAO and HE representatives in March and April on how to improve performance and retention, which will inform its response to the report. As academics and administrators talk, thousands of students continue to drop out and experience the difficulties, financial and personal, this brings. The sector still seems no closer to a solution. Why Teens Drop Out of School Teens drop out of school for many reasons, and the decision to drop out is rarely spur of the moment. Kids usually drop out of school following a long process of disengagement and academic struggle. Many teens say they were bored and frustrated with classes that didn’t seem relevant to their life. Or they felt they had fallen so far behind they eventually gave up hope. Teen’s report that no one really cared about their school experience, or they felt subtly â€Å"pushed out† by school staff who perceived them as difficult or dangerous. What is absolutely predictable is that many kids who don’t finish high school do poorly in life. Without a high school diploma they will have a harder time finding a job, and they will earn much less when they do find one (about a million dollars less over a lifetime). They are more likely to have poor health, to live in poverty, and to have children at an early age, who in turn are also more likely to drop out of school. Nationally, seventy percent of inmates in prison didn’t graduate from high school. We often ask ourselves why some teens drop out of school. While some may have obvious reasons, other teens seem like a mystery and we have a hard time figuring out why some of them would drop out. Not all students are equal, some simply have special needs and school becomes too hard for them. This includes children with emotional issues, behavioral problems, learning disabilities and other teen problems that may interfere with their school work and the ability to learn. But these are not the only reasons; some kids from certain cultural background simply fail to blend into a school where another ethnicity is dominant. There are also teens that come from homes which are not supportive enough and they lack the motivation to finish school. Teens that drop out can be from both rich and poor families, but poor children with low economic standards and children of single parents have a higher risk of dropping out of high school. The rates of teens that drop out of schools depend on various factors. Teen boys are more likely to drop out of school than girls. Also Hispanic and African American teens are more likely to drop out than Asian American students and Caucasians. Students in large cities are also more likely to drop out than students from small towns and suburbs. As you can see dropping out of school can happen because of learning issues and development or even because of social factors like ethnicity and family heritage. Some of the most common reasons that influence a teen to drop out of school include: – History of poor academic achievements. – Older than classmates due to being left behind – Emotional issues – Behavioral problems – Learning disabilities – Influence by low achieving peers – Low attendance – Social issues – Family problems The reasons are plenty, and they can go from family issues and even history of abuse, drug related issues, mental problems to social issues, low standard, peer pressure, up to medical issues like poor health. Some teens get pregnant so they drop out of school, some teens simply lost interest. One of the factors is the teacher’s attitude and behavior towards students. Most students that dropped out of school reported that they were either ignored and not given enough attention by their teachers or that they were actually encouraged by their teachers to drop out of school. We all know that a teacher can sometimes go after a student; the pressure can very well be the cause of dropping out. Again, the reasons are plenty and as such it is hard to concentrate on prevention as various factors influence this outcome. While the reasons kids drop out vary, the following are six important risk factors: 1. Academic difficulty and failure. Struggling in school and failing classes is one of the main reasons teens drop out, and this pattern often shows up early. Students who fail eighth grade English or math, for example, are seventy-five percent more likely to drop out of high school. 2. Poor attendance. Teens who struggle in school are also absent a lot, and along with academic failure, absenteeism is an important future predictor for dropping out. As with the previous example, students who are absent for twenty percent of their eighth grade year (one day per week) are also highly likely to drop out in high school. 3. Being held back (retention). Linked to academic difficulty, students who are held back and who are older than the kids in their grade also tend to drop out. 4. Disengagement from school. Many kids who drop out say that school was boring and teachers did little to connect learning to real life. They didn’t feel invested in their school and they didn’t feel that adults seemed interested in them or their high school experience. 5. Transition to a new school. A poor transition from the smaller, more protected environment of middle school to the anonymity of a high school can cause a teen to have difficulty catching up-and some kids never do. 6. Other life factors. Pregnancy, family problems, and financial difficulties are all factors that distract a student from schoolwork and make keeping up more challenging. The good news is that dropping out is easily prevented. Most teens who drop out had at least passing grades, and these kids say that, with some help, they could have completed high school. Parents who are involved in their kids’ education often make the difference between academic success and failure. Kids do better when their parents care: when parents make sure their kids get to school and are progressing well and when parents communicate their expectations for success. If problems arise, involved parents have laid a solid foundation for dealing with them. Start early to prevent high school dropouts. Read the article â€Å"Seven Middle School Ideas to Stay Ahead for Parents† for tips.

Thursday, January 9, 2020

Crude Oil Last 10 Years - 4918 Words

INTRODUCTION The role of petroleum products in our lives is unquestionable. It is safe to say that oil is the cornerstone of our civilization. A pessimist might argue that without oil our industrial society will collapse and there will be rapid decline in the world population. But again that is a pessimist’s view, personally we would like to think that we will in near future find other energy sources on which we can depend and build our civilization to reach the next milestone. In this report we have tried to highlight the fluctuations of crude oil during the period of 2001-10. The scope of this report is limited only to this period as we believe that events that took place during this decade had the potential to change the oil game so†¦show more content†¦Thus the oil market participants – producers, refiners, marketers, and traders – would not have one of their bases for setting prices in their contracts and other transactions. It does not appear that the oil industry was materially affected by the closing of the Nymex, which, in any event, resumed all operations in about one week. While the immediate effect of the attacks on petroleum markets was to drive prices up, market forces – reflecting little change in supply and demand – acted quickly, and crude oil prices eased within little more than a week. Average crude oil prices paid by U.S. refiners actually declined for the month of September 2001 – falling to $ 20.82 per barrel from $24.08 in the previous month. 2002: After moving lower in 2001, crude oil prices moved higher in 2002 reaching over $30 per barrel in September 2002. Higher prices were supported by a number of factors. One was the ongoing U.S. war on terrorism and rising tensions with Iraq. There was the likely potential that military action would be taken against Iraq that would disrupt the supply of crude oil to the market. With that issue still not settled as 2002 drew to a close, crude oil prices continued to find support. While there were factors supporting higher prices, there were also factors working against them. The Organization of Petroleum Exporting Countries (OPEC) after a meeting in 2001 agreed that production of oil would be cut. TheShow MoreRelatedOil Prices And Rise And Fall Of Chinese Economy Essay1125 Words   |  5 PagesFalling crude oil prices and rise and fall of Chinese economy Who’s afraid of falling crude oil prices? Isn’t it something to celebrate from the consumers’ point of view, especially in the Asian region! The answer is perhaps â€Å"no†. Though the debate over the impact of plunge in crude oil price and its implications will continue for long, nothing can be said with fair amount of certainty as long as its link with the slowdown of Chinese economy. A substantial amount of work is being carried out by theRead MoreOil Gas Price Evolution1625 Words   |  7 PagesMoves the Oil and Gas Price? Why are oil prices and gas prices so dramatically increased in the last view years? Oil and gas price will maintain the current level or rise in the next years because of the world economy, an increased demand on oil and its production costs, the gas demand, and the investment in developing alternative energy sources. How long will the oil reserves last? It is currently estimated that the oil reserves in the United States will last for 20 to 30 years, butRead MoreOil And Demand For Oil1174 Words   |  5 PagesCrude oil is one of the most economically mature commodity markets in the world. Even though most crude oil is produced by a relatively small number of companies, and often in remote locations that are very far from the point of consumption but it is shipped all over the world. The global supply and demand determines prices for oil. Events around the world can affect the prices at our home for oil-based energy. OPEC, the large oil-producing cartel, does have the ability to influence world pricesRead MoreManaging Crude Oil Using Derivatives1604 Words   |  7 PagesMANAGING CRUDE OIL USING DERIVATIVES The present price markers for crude oil are WTI, Brent and Dubai/Oman. The crude oil derivatives contracts are traded on the New York Mercantile Exchange (NYMEX). The exchange acts as a regulatory body and as a financial trading forum for all the parties interested in buying the options. Members of the exchange carry out the trades themselves, or they act on behalf of the firms they represent through an open outcry auction held in the trading room or the floorRead MoreThe Economy Of The Oil Industry952 Words   |  4 Pagesthe last years, the oil industry practiced its deepest recession since 1990s. That being said, the recovery for this industry finally starts getting better. The Organization of the Petroleum Exporting Countries approved to change the production last year, 2016. This arrangement has been holding over to this year, with oil prices increasing for the past several months. But in recent weeks, United States records have been found greater oil prices have been faded. Ex perts think it will be years beforeRead MoreEconomic Issues Independent Research Assignment965 Words   |  4 Pages Year 10 Commerce Economic Issues Independent Research Assignment Cover sheet Submitted by: Alex Dicembre Word Count: 938 Contents page Executive summary This report will consist of the causes and consequences of the changing price of WTI crude oil and recent trends in the global price of oil. It will also include the effects of the ever-changing price of oil on individuals, business firms, governments and the economy. Data PriceRead MoreOil Drilling and Gas Extraction Industry in the US Analysis1242 Words   |  5 PagesConnor Sims, Associate SUBJECT: Oil Drilling amp; Gas Extraction Industry in the US Analysis (21111) This report presents information regarding the industry, the primary operator of oil and gas field properties. The industry fuels its key buyers, the Natural Gas Distribution (22121) and the Petroleum Refining (32411) industries, with crude oil and natural gas. The industry continuously battles a shortage of available oil. In addition, many major oil fields have been in use for decades, slowlyRead MoreThe Price Of Gasoline Prices1662 Words   |  7 PagesIn the last ten years, gasoline prices have been increasing in Canada. Consumer spending on gasoline holds a large amount of total household expenditures. In 2009, the Consumer Price Index (CPI) calculated on average that Canadians spent about six percent of their total household budget on gasoline (Statistics Canada, 2013). Therefore, gasoline prices changes on consumer price inflation. In order to make gasoline, crude oil and refineries are required. When examined, gasoline and crude oil are twoRead MoreBusa 3000 Country Paper1518 Words   |  7 Pagesis in need of policies to modernize the economy and create banking reform (U.S. Department of State). The current GNI – PPP is $283 billion USD, with the per capita around $8,110 (Google Public Data). The major natural resources in Algeria are crude oil and natural gas, produced since the 1950s (World Desk Reference). These are also the country’s major exports, totaling $57.19 billion USD in 2010. Algeria’s top export partners are the United States, Italy, Spain, France, Netherlands, Canada, andRead MoreThe Oil And Its Effects On The Economy1390 Words   |  6 PagesWe go to know on the ecuadorian oil situation, his commercialisation to national and international level, analyse the diverse systems of exploitation that at present are treated of unsuitable form and with big deficiencies in the state field Know on the functions that operate at present in Petroecuador, and his result in the Ecuadorian economy. Know those who find mayorme nte benefited with the resource of the oil in the Ecuador, and as they find structured said advantages as they were the one of

Tuesday, December 31, 2019

How Far In Your Society Should Unpopular Views Be Open For...

BP2014 Essay Issue Q12. How far, in your society, should unpopular views be open for discussion? In May 2013, Singapore’s media regulator, the Media Development Authority (MDA), introduce a new licensing framework regulating online news sites operating in Singapore. The move came as a surprise to many and elicited a wide array of responses. The Asia Internet Coalition (AIC), an industry association formed by eBay, Facebook, Google and Yahoo, argued that the new regulatory framework creates business uncertainty and stifles innovation, whereas the United States government criticised the move as a further restriction on freedom of expression in Singapore. While the Singapore government, predictably, defended the framework as necessary to†¦show more content†¦A renowned attorney, Shanmugam handles contentious debates on issues like racism, welfarism, immigration and even PAP’s authoritarian tendencies with consummate ease. He does not shy away from taking on unpopular views, and most crucially, he is not afraid of admitting that he is wrong when proven so. The fact of the matter is, examining and discussing the merits (or the lack thereof) of unpopular views legitimises the process of governance rather than undermines it. If we allow the process of open debate to reach its fullest conclusion, we will find that what remains is always the truth or the best possible decision for us to make, and that society would better for it. Obviously, there will remain those who habour fears that the unfettered discussion of sensitive and emotive issues would quickly descend into an uncivilised mess, characterised by vicious insults and illogical diatribes. Such fears are, of course, understandable, but they are ultimately misplaced. There is little evidence to suggest that Singaporeans are ill-equipped to handle the discussion of controversial and potentially divisive views; quite to the contrary. The recent debate that occurred online on the subject of homosexuality and liberal Islam was certainly a heated one. And there were, admittedly, more than a few discussants who allowed their emotions to get the better of them, not to mention nefarious trollsShow MoreRelatedFree Speech Freedom Of Speech1689 Words   |  7 Pageswisdom; and no such thing as public liberty, without freedom of speech.† With this quote in mind, freedom of speech should surely be guaranteed right in a every institution. There are various fo rms of free speech to powerful speeches at a peaceful protest to a girl posting a selfie. Freedom of speech is the key concept that is basis of every human right. This inherent right should be protected and supported in a place where young minds are developing. As political tensions have risen, so have theRead MoreMainstream Acceptance of Homosexuality in our Society Essay1452 Words   |  6 PagesMainstream Acceptance of Homosexuality in our Society In todays society, there exists a myriad of issues which, when discussed, tend to raise the temperature of the citizens proverbial blood. There are a handful of topics that always seem to escalate this temperature to the boiling point among individuals who earnestly participate in discussion, debate and argument. Some examples of such delicate subjects are the death penalty, abortion, and euthanasia. An issue that has in recent years,Read More`` On Teenagers And Tattoos `` By Andres Martin Essay1515 Words   |  7 Pagescelebrities. Teenagers are exploring the realm of body modifications at ever increasing rate, but contradictory to common opinion, tattoos are a great candidate for an emotional catalyst, source of stability in a time of need, or reminders of time long far gone. â€Å"On Teenagers and Tattoos† is an informational article, written by Andres Martin, which discusses the reasons and psychology behind the rising popularity of tattoos amongst adolescents. Martin (2000) starts by identifying the simple reason ofRead MoreFreedom of Speech Essay2165 Words   |  9 PagesFreedom of Speech With varying opinions and beliefs, our society needs to have unlimited freedom to speak about any and everything that concerns us in order to continually improve our society. Those free speech variables would be speech that creates a positive, and not negative, scenario in both long-terms and short-terms. Dictionary.com defines Freedom of Speech as, â€Å"the right of people to express their opinions publicly without governmental interference, subject to the laws against libelRead MoreEducational Theory of Socrates4392 Words   |  18 Pageswar had finished. He married and raised one child with his wife but it is thought that he had another two children with his second wife. It was after this that he started to develop his thoughts and theories. He began to question what knowledge was, how it was acquired and what made humans different from animals in their learning and education (see appendix 1). Socrates believed in the individual learning capabilities of his students. By asking them continual questions he would never leadRead MoreVirtue and Prince4449 Words   |  18 PagesWikipedia The Qualities of a Prince (Chapters 14-19) Each of the following chapters presents a discussion about a particular virtue or vice that a prince might have, and is therefore structured in a way which appears like traditional advice for a prince. However the advice is far from traditional. [edit] A Princes Duty Concerning Military Matters (Chapter 14) Machiavelli believes that a princes main focus should be on perfecting the art of war. He believes that by taking this profession a ruler willRead More Censorship - A Clash of Wills and Morals Essay4147 Words   |  17 Pagescanonized. The great works of the literary canon are each striking texts that encapsulate a new voice, idea, point of view, or controversial subject matter; each of these works contains a new and exciting concept. If there were nothing striking about these works, they would never have been canonized. However, with these new ideas and points of view comes suspicion and fear. If one critic lauds a novel for giving a new perspective on a controversial issue, there is no doubt Read MoreWhat s A Name?2889 Words   |  12 Pagesnames that roll off your tongue so everyday? Do you stop to picture Nelson, 170 years ago, imagining the people that walk the same path to work as you everyday, down Trafalgar Street? These steps that the first settlers of Nelson made, have shaped our city, creating the perfect base for following generations to make change upon. As generations have occupied Nelson, the names of these streets have developed with our culture, creating change for the future; however, as our society has changed, do theRead MoreA Look at Petas Public Relations Programs2958 Words   |  12 Pagesweaknesses of PETA’s numerous public relations campaigns, further explaining the reasoning behind PETA’s use of radical PR tactics, what comparable animal rights organizations are doing, and finally looking at how PETA can improve its public relations programs. The first topic of discussion is PETA itself. The acronym â€Å"PETA† stands for People for the Ethical Treatment of Animals. PETA is an international nonprofit charitable organization. Based in Norfolk, Virginia, the organization has affiliatesRead MoreAnarchy State and Utopia Chapter 7 Summary5678 Words   |  23 Pagesshares some error may have crept. So it is an open question, at least, whether redistribution should take place; whether we should do again what has already been done once, though poorly. However, we are not in the position of children who have been given portions of pie by someone who now makes last minute adjustments to rectify careless cutting. There is no central distribution, no person or group entitled to control all the resources, jointly deciding how they are to be doled out. What each person

Monday, December 23, 2019

The On The Peoples Republic Of China s Economy - 3088 Words

The Peoples Republic of China’s economy is now the second largest in the world with an estimated gross domestic product of $9.24 trillion USD (China, 2014). This is the result of a strict economic reform policy put into place in 1978, which removed emphasis on the agricultural sector and moved to the energy intensive sector of manufacturing. The growing demand for energy often came in the form of highly polluting coal-fired power plants, but in 1992 the Three Gorges Dam was approved with construction beginning in 1994. The world’s largest dam was intended to produce power economically, reduce environmental impacts, and help to prevent floods downstream. However, the Three Gorges Dam is often seen as highly controversial due to foreseen and unforeseen problems that have arisen following its completion in 2012 (Jackson and Sleigh, 2000). The dam may be one of China’s largest environmental oversights and social failure in recent years. For more than 300 years the Ming Dynasty ruled China overseeing great growth and prosperity, the standards of living in China during the 16th century were unparalleled even by the West (Zhu, 2012). During their reign the Great Wall of China was built as well as the Forbidden City in Beijing. In 1644 however, the Manchus overthrew the Central Plain of China resulting in the end of the Ming Dynasty and the creation of the Qing Dynasty. The Qing Dynasty was initially prosperous for the Chinese people, continuing what the Ming Dynasty had builtShow MoreRelatedChina s Problems Of Dystopian Society1426 Words   |  6 PagesChina s Problems Andrew Bond Ms. Underhill HELA November 21 2016 China has been the biggest economic structure for quite along time, but there are horrible reasons for these, and these decisions are made by the people s republic of china. The people s republic is China s government, and they make all the decisions.A dystopian society is an unbalance in a nation about the people and the government; such as china, the people s republic of china, or their government, makesRead MoreThe Rise Of The Chinese Economy1441 Words   |  6 Pagesthe international economy. One such location is China, which experienced a major shift from a society revolved around independent sustenance in the agricultural industry into a society revolved around socialism, direct funding for the Chinese government through the Chinese people, and the mass-production of goods with high demand in the global market by co-operatives. Of course, the changes in the workings of the Chinese economy developed from the changes in the politics of China. On the 1st of OctoberRead Mo reChin Culture, Economic, Political, Military Perspective1060 Words   |  5 PagesChina: culture, economic, political, military perspective Class 13D 003-17 SGT Moreno, Adam Introduction China is a nation in East Asia whose vast landscape covers grassland, desert, mountains, lakes, rivers and more than 14,000km (8699.1967mi) of coastline. China borders 14 different countries; Afghanistan, Pakistan, Vietnam, North Korea, Russia, Bhutan, Burma, Nepal, Laos, Kyrgyzstan, Mongolia, Tajikistan, Kazakhstan, and India (Kallie Szczepanski). The capital Beijing mixes modernRead MoreTrade Balance Between China And The United States865 Words   |  4 Pagestrade balance between the U.S. and China. The trade balance between China and the United States will be determined for the most recent past five years. The trend will also be illustrated using a graph and will offer the insights into the trade balance between these two countries. The impact of foreign trade will be analyzed, to include the two countries economic growth during the selected period, 2009 to 2013. The issues, concerns and ramifications on China’s economy will be discussed, along withRead MoreChin Ch ina s History1152 Words   |  5 PagesChina China’s history dates back to four thousand plus years. In that time, China has created a culture rich in philosophy and the arts. China has made amazing technological advances such as silk, paper, gunpowder, and many other products. Chinese records reach over five thousand years back. It is difficult to cover even the most important events of this old society in a short space, yet here are some highlights. The first dynasty to rule China was the Shang Dynasty (1600-1046 BCE), followed byRead MoreChin The Worlds Most Crowded Nation1715 Words   |  7 PagesChina_A brief introduction: China, a socialist country in East Asia, is the world s most crowded nation. Its unfathomable scene includes field, desert, mountain ranges, lakes, waterways and 14,500km of coastline. Beijing, the capital, blends cutting edge building design with memorable destinations including sprawling Tiananmen Square. Its biggest city, Shanghai, is a high rise studded worldwide budgetary focus. The famous Great Wall of China fortress runs east-west the nation over north. It practicesRead MoreThe United States Of America1674 Words   |  7 PagesThe United States of America is the world largest single economy with a lot of trade activities with other nations. The country has traded with other nations for centuries hence it is an important economic partner (Jensen, Quinn Weymouth, 2015). The country normally has a lot of influence in the world trade since it serves almost all the nations worldwide. In fact, most of the trade policies that affect the whole world have been proposed by the United States of America. Moreover, the country isRead MoreHuman Resource Development : China1082 Words   |  5 PagesThe emergence of People’s Republic of China in the last two decades has been remarkable. This paper will analyse and review the procedures which led to human resource development (HRD) in China. People’s Republic of China is the world’s most populous nation with an abundance of manpower availability. The human resources in China were under-utilized because of many reasons. Since China got independence in 1949 till late 1970’s, they followed a highly centralized economic planning system, unlike theRead MoreChina Between The Republic Of China1661 Words   |  7 PagesAfter The Chinese Civil War ended in 1950, a separation of ‘‘old’’ China between the Republic of China (ROC, commonly known as â€Å"Taiwan†) and the People’s Republic of China (PRC, commonly known as â€Å"China†) created legal and pol itical dilemmas (Hsieh, 2016). They both declare the island of Taiwan is an integral part of their territories. Until the 1990s, Taiwan was able to conquer her diplomatic isolation by expanding the international trade and investment flows to all of her business partners regardlessRead MoreMao Zedong : China s Economic Leader1360 Words   |  6 Pagesideologies on china. When he became China’s leader in 1949 he wanted to change china entirely. More specifically, when it came to economy Mao wanted to create an equal standard of living for the chinese people and wanted to be a completely self sufficient country. Unfortunately towards the end of his leadership nearly millions of people had died from starvation and his strive for progression was a complete failure and lead his country in retrograde. After Mao’s death in 1976, China was struggling