Wednesday, October 30, 2019

Gratitude for the Gift of Life Essay Example | Topics and Well Written Essays - 1500 words

Gratitude for the Gift of Life - Essay Example A unique aspect of the kingdom Animalia is that we cannot produce our own food and we all must eat other organisms in order to survive. Animals have an instinctive knowing about this phenomenon. We share an intimate relationship with each other as the eaters and the eaten. Animals are intelligent creatures. They are aware of their particular part in the human food chain. Animals make the ultimate gift of their flesh to us, just as all creatures must eventually give away their earthly vessel to someone else. Even humans must succumb to death and give their flesh to the earth itself to nourish the soil and feed the plants. Humans feed the parasites and micro-organisms which consume them posthumously. We must change our perspective on animals. They are not dumb and they are certainly not helpless victims. Animals and humans have engaged in a symbiotic relationship for eons. That relationship is not for anyone to judge, though it is worth investigating. About 80 years ago, a dentist by the name of Weston Price visited pre-westernized indigenous cultures around the globe to study their diets. Wherever he visited, he found that people were eating animals as food in the same manner as their ancestors before them had done for many generations. Together the humans and animals formed a sustainable chain of life. Dr. Price found that there was a direct correlation between meat eating and physical health. The more meat that was eaten by any particular society the healthier the population. One group in particular, the Masai warriors of the Kalahari Desert in Africa live on a diet consisting almost exclusively of fresh cow's blood, milk, and beef. A symbiotic relationship exists between the cows and the Masai, otherwise known as the "lion people". Cows are treated as if they were part of the family. Masai warriors constantly protect the herd of cows from all predators, 24 hours per day and 365 days per year. In return the cows provide food f or the Masai people. Both species have lived peacefully together for countless generations. Cows are an esteemed part of Masai society. The generous Masai gifted the United States with several head of cattle after they found out about the World Trade Center disaster. It is interesting to note that there is a neighboring tribe to the Masai who practice something close to vegetarianism. These nearby villagers eat a diet high in plant protein. The Masai warriors have dominated these people for a very long time since they cannot match the physical prowess of the meat-eaters. Closer to home, the American Indians possessed a deep spiritual relationship with the buffalo. The "White Buffalo Calf Woman" is a special being from the buffalo nation who is the recipient of much thanks and honor in Native American society. She has granted many gifts to the human species besides physical nourishment. Yet that should not diminish the flesh offering from this species. Only by hunting and eating buffalo were the Indians able to survive during the pre-industrial age in North America. The buffalo benefitted from this as well. Human involvement kept the buffalo from over-population which would have thrown the entire ecosystem out of balance. The land has a carrying capacity for any particular species and too many buffalo would cause stress on the environment. The ecosystem is like a finely tuned homeostatic

Monday, October 28, 2019

Skills required by a project manager Essay Example for Free

Skills required by a project manager Essay The project manager is normally given the authority and the sole responsibility of ensuring that the direction with which a specific project is followed. He works absolutely under the guideline and the goal of the designated project or the whole organization. One of the major responsibilities is to ensure that the end items of the project are met i.e. when, by whom, what, costs, resources, discipline etc within the firm. (Cable and Adams, 1989) Although the project manager usually reports to the general manager of the company, he or she has the authority of defining the organizational structure and ensures that there is effective management of all the sectors in the production units. Since the project manager controls the effectiveness of the tasks being undertaken, in most cases, he or she is able to assign and monitor the budgets within their jurisdiction. The project manager also communicates all matters concerning the company to the general manager or the president for clarification on any matter that is pending. The project manager also communicates with the customers directly especially when dealing with formal projects. In order to therefore perform the above tasks, a project manager should be able to possess excellent skills and qualifications. One of the skills that is necessary is the ability to communicate effectively both with the management and the customers thus requiring good communication skills. The project manager should also be able to organize issues and monitor their implementation especially by junior officers. (Adams, 1990) In cases when the project manager is required to appoint an assistant project manager, the project manager must be able to be fair and treat other people equally regardless of their age, gender, race or disability. Since project manager is able to plan and execute a project successfully, he or she must be able to possess a wide combination of skills both gained in an academic standpoint and in an experimental view point. The character of the person should also be absolutely dynamic in that the project manager must be able to have problem solving abilities. The factor of being hardworking, honest and dedicated cannot also be overlooked. With such qualities, the project manager will therefore be able to ask penetrating questions, resolve interpersonal conflicts and identify unspecified assumptions. A project manager is expected to have high degree of interdependence geared towards accomplishment of tasks available. He or she is expected to stand apart from the junior employees by virtue of position held and help those under them in elucidation of matters relating to the jobs and also advocating for employees’ rights where there is prejudice. (Adams, 1990) The overall responsibilities for the project manager would be; risk analysis, time estimating, quality control, benefit realization, resource planning, and customer liaison. Managing risks and issues, planning and defining scope of the project, documentation, activity sequencing, team leadership, budget development, developing schedules, tactical influencing and creating charts and schedules (Cable and Adams, 1989) High level posting Since the company needs to have a project manager from the production department, the following are the requirements for this position. The person should have at least ten years experience in the position of project management in a busy manufacturing company. He or she must be a great team player who is ready to work with other people in the company. The person should also have a proven track record of hard work especially with the support of relevant academic background. Reference Adams, J. (1990):   Roles and Responsibilities of the Project Manager, Project Management Institute Cable, D., and Adams, J. (1989): Organizing for Project Management, Upper Darby, PA: Project Management Institute, Dinsmore Paul C., (1990):   Human Factors in Project Management.   New York: AMACOM,

Saturday, October 26, 2019

The Last Of The Mohicans :: essays research papers

The Last of the Mohicans The story The Last Of The Mohicans takes place in eastern Canada and in the area of modern New York State. This area is also called the St.Lawernce Low Lands. The book takes place in the year 1757 during the third year of the colonial wars between England and France. The books main character is about a man named Hawkeye who is a white man but his parents were killed and he was raised by a mohican man named Chingachgook. In the book Hawkeye helps a English soldier named Duncan who is escorting the two daughters of a English General Named Munro to Fort William Henry. Hawkeye Takes them to the Fort will it is under attack. Then the fort is captured by the French and everyone in the fort must leave. While they are leaving they are attacked by a band of Indians led by A Indian chief named Magua. During the battle Hawkeye escapees With Cora and Alice. The Cora and Alice are captured by Magua. Then Hawkeye and Uncas go after them and Cora and Uncas are killed. Chingachgook and Uncas are the only Mohicans left and when Uncas dies Chingachgook is the last one giving the book its title. The main character of the book is Hawkeye. Hawkeye is described as having a big head and narrow shoulders. His arms are long and skinny and he has small hands. He also has thin legs which are very long. Hawkeye is much like a Metis Because he is white and educated but raised an Indian. Hawkeye at first does not want to get involved in the war he only wants to go and trap and make some money. He only wants to take them to the fort but then he falls in love and he stays. In the book Hawkeye faces a big challenge. Munro's daughters are taken hostage by a ruthless Indian chief named Magua. Hawkeye tries saving them but Cora is killed. During the battle his adopted brother Uncas is killed. Then Chingachgook says the Mohican seed is will not be carried on to another generation but Hawkeye tells him that it will because he is Mohican at heart. The most interesting part of the book was the last battle on the rocks. The battles are the easiest to understand. They are also the most exciting they also make Hawkeye a hero type figure because he is a good fighter. Love is a major theme in the book. Hawkeye and Uncas fight for their loves. In this fight Uncas and Cora die. The Last Of The Mohicans :: essays research papers The Last of the Mohicans The story The Last Of The Mohicans takes place in eastern Canada and in the area of modern New York State. This area is also called the St.Lawernce Low Lands. The book takes place in the year 1757 during the third year of the colonial wars between England and France. The books main character is about a man named Hawkeye who is a white man but his parents were killed and he was raised by a mohican man named Chingachgook. In the book Hawkeye helps a English soldier named Duncan who is escorting the two daughters of a English General Named Munro to Fort William Henry. Hawkeye Takes them to the Fort will it is under attack. Then the fort is captured by the French and everyone in the fort must leave. While they are leaving they are attacked by a band of Indians led by A Indian chief named Magua. During the battle Hawkeye escapees With Cora and Alice. The Cora and Alice are captured by Magua. Then Hawkeye and Uncas go after them and Cora and Uncas are killed. Chingachgook and Uncas are the only Mohicans left and when Uncas dies Chingachgook is the last one giving the book its title. The main character of the book is Hawkeye. Hawkeye is described as having a big head and narrow shoulders. His arms are long and skinny and he has small hands. He also has thin legs which are very long. Hawkeye is much like a Metis Because he is white and educated but raised an Indian. Hawkeye at first does not want to get involved in the war he only wants to go and trap and make some money. He only wants to take them to the fort but then he falls in love and he stays. In the book Hawkeye faces a big challenge. Munro's daughters are taken hostage by a ruthless Indian chief named Magua. Hawkeye tries saving them but Cora is killed. During the battle his adopted brother Uncas is killed. Then Chingachgook says the Mohican seed is will not be carried on to another generation but Hawkeye tells him that it will because he is Mohican at heart. The most interesting part of the book was the last battle on the rocks. The battles are the easiest to understand. They are also the most exciting they also make Hawkeye a hero type figure because he is a good fighter. Love is a major theme in the book. Hawkeye and Uncas fight for their loves. In this fight Uncas and Cora die.

Thursday, October 24, 2019

Focus on the Learner Essay

1.Group Profile It’s a mixed group with a very mixed cultural background as only three students are actually from Germany. Four of the students were born in another country e.g. Lithuania, Turkey, France and Romania. They all moved to Germany as adults and all share German as a common language. The group is heterogeneous concerning the age they started learning English. Two students started learning as adults while the others started learning at school. Most of the students have learnt another language as an adult and therefore have previous language learning experience. The motivation for doing the course is quite high and the group can be divided into two groups – students who need English for their job/university and students who want to learn for their own enjoyment. They are all at upper intermediate level. Except for one student (who could be classed as a converger), the overall group could be classed as concrete learners. They enjoy the social aspects of learning and like to learn from direct experience. They are interested in the language and they enjoy games and group-work in class. The entire group could also be classed as communicative learners because they show a degree of confidence and a willingness to take risks. They are much more interested in social interaction with other speakers of the language than they are with analysis of how the language works. (Learning styles based on Keith Willing [1987]). 2.Strengths and weaknesses Grammar The students are weak when forming the present simple (especially 3rd person singular) (e.g. â€Å"I must to take the train†, â€Å"She like climbing†, â€Å"Stephen come from Australia†) very often confusing it with the present continuous. (â€Å"Sometimes I’m reading Turkish books†). Most students also have problems when using the simple past (â€Å"we seed it’s ill†, I gone to school with her†, â€Å"We can found this in a school†, â€Å"Where are you born?†, â€Å"She were †¦Ã¢â‚¬ ). Some students also have problems with verb-noun collocations (e.g. â€Å"She make all the housework†) Vocabulary The students have a good basic knowledge of vocabulary. They can talk about themselves, where they come from, their profession, their families, experiences they have had in the past and things they like to spend more money on. (Example of good language: â€Å"My picture is a technical object but I really don’t know what it is used for†, â€Å"Because you met the Pope, you changed your mind† â€Å"You said dug – so it is dig, dug, dug† = verb orientation). Many of the students try to translate directly from German into English (â€Å"The cat was by us†) and sometimes use a German word in a sentence, using it questioningly enabling other students to help out with the correct English word. The students respond very well, offering suggestions until correct answer is found. Most of the students focus on finding the exact translation of the unknown word rather than trying to paraphrase their idea. Pronunciation All the students have a strong L1 interference and speak with an accent. The group responds well to drilling the right pronunciation and where to put stress on the words. They are keen to sound natural and like repeating after  the teacher. Some students pronounce the endings of words that aren’t necessary e.g. â€Å"clothes†, â€Å"See† instead of sea, â€Å"Lus their jobs† Words: 208 3.Strengths and weaknesses skills Reading The students are able to read a text fairly quickly in order to understand the overall meaning. After enquiring about a few words of vocabulary (sometimes looking this up themselves in a dictionary) they are able to answer all the questions quickly and correctly. Listening The students are able to listen to texts read to them and in most cases understand the general meaning already after the first time. After hearing the text for the second time, they are able to answer questions, in most cases correctly. The students react well to instructions and during conversation they wait patiently until their dialogue partner has finished. One student is a panicky listener, the others all seem to be relaxed listeners. Writing The students have a wide range of vocabulary appropriate for the given tasks. Their sentences are well-structured and they make few mistakes. Speaking The students try to use structured sentences. If they are confident with the vocabulary hesitation is less frequent, with new vocabulary or grammar most students hesitate frequently. The students are motivated to improve their speaking ability and they make a great effort to only speak English. Some of them use gestures when they do not know a word, others switch between German and English, using the German word to fill in the gaps in the sentence (â€Å"I go with the Straßenbahn†, â€Å"I make Teig with Zimt and †¦Ã¢â‚¬ ). 4.Recommendations Language development 1.Total English Workbook (Pre-intermediate) Antonia Clare/JJ Wilson – Longman Publishers Page 8, Section 1.3Grammar : Present Simple vs Present Continuous Justification:All 3 exercises on this page help the students to distinguish between the present simple and the present continuous. It also concerns activities they can associate with 2.New Cutting Edge (Pre-intermediate Student’s Book) Sarah Cunningham/Peter Moor – Pearson/Longman Publishers Module 4, page 34Language Focus 1 Present continuous and present simple Justification:At the top left of the page there is a grammar exercise section where the students have to underline and give an example of the present simple/present continuous. Exercises 1 and 2 help to practice the use of them. 3.Language to go Student’s Book (Pre-intermediate) Gillie Cunningham/Sue Mohamed – Longman Publishers Lesson 3, page 9 – The Present (Grammar focus) Justification:Exercises for the students to practice distinguishing between Present simple and Present continuous. First of all filling in the gaps, then writing their own email and finally using the language by talking in pairs 4.Total English Student’s Book (Pre-intermediate) Richard Acklam/Araminta Crace –Pearson/Longman Publishers Chapter 1, page 14 – Review and practice Justification:Exercises for practicing both present simple and present continuous (including question-forming) 5.Clockwise Pre-intermediate Class Book Bruce McGowen & Vic Richardson – Oxford University Press Chapter 25, page 65 – Present simple and continuous Justification:Students can fill in the tables with the verb and then complete the rules for using Present simple and continuous themselves in exercise 1 6.New Edition Basis for Business David Christie – Cornelsen & Oxford Unit 2, pages 24 and 25 – Further study (Simple present and present continuous) Justification:On page 24 there is an explanation of when to use simple present and present continuous and on page 25 there are exercises to practice 7.New Edition Basis for Business David Christie – Cornelsen & Oxford Unit 3, pages 37 and 38 – Further study (Simple past and past continuous) Justification:On page 37 there is an explanation of when to use simple past and past continuous and on page 38 there are exercises to practice 8.Powerbase Pre-intermediate David Evans – Longman Publishers Unit 4, pages 30 to 33 – Going places Justification:The article on page 31 is quite interesting for the students. On page 30 they can fill-in the verbs in the past and present form and on page 32 the past simple can be practiced in exercises. 9.Business opportunities Vicki Hollett – Cornelsen & Oxford Unit 5, Growth and development, pages 50 and 51 – Past experiences Justification:The article on page 31 is quite interesting for the students. On page 50 they can fill-in a time line. On page 51 there is an explanation on when to use the simple past, questions for the students to answer and discussion exercise. Skills development 10.Business opportunities Vicki Hollett – Cornelsen & Oxford Unit 2, Telephoning to make arrangements, pages 23, 150 and 151 Justification: Students usually enjoy doing role play. In these exercises they work with a partner and discuss a) a conference programme and b) arranging a meeting. 11.Business opportunities Vicki Hollett – Cornelsen & Oxford Unit 7, Telephoning to exchange information, page 73 Justification: Students will probably find the stories on this page quite amusing. They will then discuss any car accidents or funny incidents that they have experienced themselves. References: 1.Total English Workbook (Pre-intermediate) Antonia Clare/JJ Wilson – Longman Publishers 2.New Cutting Edge (Pre-intermediate Student’s Book) Sarah Cunningham/Peter Moor – Pearson/Longman Publishers 3.Language to go Student’s Book (Pre-intermediate) Gillie Cunningham/Sue Mohamed – Longman Publishers 4.Total English Student’s Book (Pre-intermediate) Richard Acklam/Araminta Crace –Pearson/Longman Publishers 5.Clockwise Pre-intermediate Class Book Bruce McGowen & Vic Richardson – Oxford University Press 6.New Edition Basis for Business David Christie – Cornelsen & Oxford 7.Powerbase Pre-intermediate David Evans – Longman Publishers 8.Business opportunities Vicki Hollett – Cornelsen & Oxford

Wednesday, October 23, 2019

Case for Repositioning a Bank Essay

ANZ bank is over 170 years old providing a range of banking and financial products and services to more than 5.7 million retail customers on a global scale (case). . Offering 817 branches and 2600 automated teller machines (ATMs) all over Australia, ANZ is ranked in the top 4 banks in Australia along with Commonwealth Bank of Australia, National Australia Bank Ltd (NAB) and Westpac Banking Corporation. This report will identify the current position of ANZ, and how they are attempting to reposition themselves in the financial services industry. The case highlights the strengths and weaknesses of ANZ and how effective their current marketing strategy is. The strengths of ANZ which have been identified in the case are their highly customised bankcards, their trustworthy image and reputation, knowledgeable staff and the size of the firm. ANZ’s weaknesses are that their products are quite easy to imitate due to such intangibility, they are at the bottom compared to their competitors, the communication gap occurring through the reposition of their new brand and the inflexibility due to the large structure of the bank. This paper will explore two of ANZ’s main strategic issues which are the communication gap of through the repositioning and rebranding as well as ANZ’s competition in the financial industry. Key Strategic Marketing Issues The banking industry is very well established and has a limited selection of different products. Due to few substitute products, firms in the industry will find it hard to differentiate themselves from their competitors. Chenet, Dagger, & O’Sullivan (2010) state that, differentiation is important because firms uniqueness is linked to target market focus, client-perceived value and competitive advantage. In result of ANZ’s lack of communicating their service quality, limited product diversity and lack of unadaptable strategies they are ranked number four of the top four banks. ANZ needs to address the amount of ATMs it has throughout the country. Compared to its major competitors, ANZ is one of the banks with the least amount of ATMs available to its customers with almost half the amount of ATMs compared to NAB. Theory ANZ is rebranding and repositioning itself it the market to appear more appealing to customers. They are moving from an  outdated brand and position of ‘ANZ Now’ to a new brand identity and positioning strategy of ‘We live in your world’ implying a modern and fresh new feel to the company. Throughout the rebranding and repositioning process, ANZ is using a customer-led marketing approach by trying to find what customers want and giving it to them (Hooley, Piercy & Nicoulaud, 2012). However, ANZ is a very large firm which affects rebranding, creating a gap in the communication between the firm and their consumers. The slogan ‘We live in your world’ has been adapted to try and differentiate ANZ from its competitors in terms of customer satisfaction; however it has not been aimed consistently across all ANZ’s communication activities. This has resulted in confusion of the customers as well as a lack of awareness of ANZ’s message. Mayer (1975) found that larger firms can generally find it harder than a smaller firm to implement change across the whole organisation effectively and efficiently. Resources and Capabilities A resource is anything that is considered to be thought of as a strength or weakness of a firm and may be defined as those tangible and intangible assets that are tied to the firm (Wernerfelt, 1984). ANZ’s resources include the products they offer, size of the firm, the knowledgeable staff and the strong trust with their customers. ANZ seeks to â€Å"attract and develop the best connected and most respected people to be a part of the ANZ team† (ANZ, 2014). Having knowledgeable and highly skilled staff allows for a financial institution to create superior returns, thus a competitive advantage (lulow, V., Gerstman, J., & Barry, C. 2003). The size of ANZ allows ease of access to funds which will appeal to their customers through providing loans, insurance, small business and corporate. Having a strong brand image and a good reputation, ANZ have had the opportunity to build trust with their customers. The large size of a firm can be a strength; however in turn can be a weakness. Mayer, T. (1975) identified that large banks have the potential to fail if customer service is overlooked. Due to the large amount of customers ANZ has, there is the possibility that relationships with customers may diminish. Furthermore, due to the large size of the firm ANZ may appear as inflexible and changes within the organisation may take a long time, such as the current repositioning of the firm. Creating confusing amongst consumers as the message is not being communicated effectively  across all of ANZ. Competitive Advantage ANZs major competitive advantage over their main competitors is this highly customised bankcards they currently offer to their customers. ANZ have used a customer-led marketing approach with their bankcards, as this approach finds what customers want, and give it to them (Hooley, Piercy & Nicoulaud, 2012). This fits in well with their brand image they are trying to communicate; ‘We live in your world’. Rather than just providing bank cards to their customers as the other major banks do ANZ customises their cards allowing their customers to choose what colour card they want and further using their own pictures on their bank cards. This is giving the customers the chance to create their own products. These customised bank cards have given ANZ a first mover advantage allowing them to enjoy the protection of a resource position barrier (Wernerfelt, 1984). However, Barney (1991) states that to have a ‘sustained competitive advantage’ competitors are unable to duplicate the benefits of this strategy. The customised bank cards may not last that long as a major competitive advantage due to other firms being able to easily imitate what ANZ have done. Strategic Fit Skinner (1969) suggested that for a firm to strategically fit, they need to tailor their production systems to perform the tasks that are vital to success and consistent with the firm’s strategy. The current marketing strategy of ‘We live in your world’ is ANZs new an innovative fresh outlook on branding for the organisation. The strategic planning and strategic marketing of this strategy must penetrate the whole market orientation not just small sections (Hooley, Piercy & Nicoolaud, 2012). This current strategy although isn’t fitting with the needs and requirements of the market. The failure of communication between ANZs resources and capabilities is causing the new strategy to not be implemented properly to its audience (Narver & Slater, 1990). The strategy adapted isn’t connecting with their customers their desired outlook of what they wish to be perceived as. ANZ wants their consumers to focus on them being ‘trustworthy’ and ‘traditional’ but as of now they aren’t practicing what they preach. This is shown with customers feeling confused and unaware of the new adapted strategy. As  Hooley, Piercy & Nicoolaud (2012) have found the marketing strategy needs to be aligned with the overall the relevant resources, capabilities so direction can be achieved and then the overall context of corporate strategy will be accomplished. Recommendation To ensure the repositioning of ANZ is effective, they need to communicate to their consumers more effectively. Rust, Moorman, and Dickson, (2002) found that â€Å"customers differentiate between service firms on the basis of service quality†. Therefore, ANZ need to offer superior customer service through the use of their highly skilled and knowledgeable staff. The best way for ANZ to differentiate their selves is through superior quality. Farrell, Hitchens, & Moffat (1993) found that, superior quality is an effective management strategy as it helps separate firms from competitive rivalry by creating customer loyalty.

Tuesday, October 22, 2019

Npl Non Performing Loan Essays

Npl Non Performing Loan Essays Npl Non Performing Loan Essay Npl Non Performing Loan Essay Most of the financial institutions have the problem of non-performing loans. Basically, the non-performing loans (Naps) mean that the loans in default, or is close to being in default according to Investigated. In the contract terms, Naps indicates the failure to promptly pay Interest or principal when due. When the borrowers are unable to meet the legal obligation on making the required payment or are unwilling to honor the debt, the default will be taken place. With the Increase of Naps, the level of market confidence will be affected. The effect of the banks bad-loan problems can be seen at the East Aslant crisis which occurred n July 1997. During the crisis, banks balance sheets were deterioration due to the increasing of Naps which showed in the Figure 1 below (Deteriorate Guppy). The problem was started as the deregulation was exercised In the financial markets. A lot of loan borrowings from the private nonofficial business sector were easily being approved. But, the bank regulators failed to supervise the borrowers as there was a lack of expertise in screening and monitoring the borrowers at banking institutions. Hence, the default loans started to Increase and the banks net worth (capital) became lesser. The bank would have lesser fund to lend. Then, the economic activity would be reduced due to the lack of funds (Munchkins and Sneaking, 2000). Figure 1: Changes of Non-performing Loans ( Source: Van Dick and Fitch ABACA database) In additions, the Increase In uncertainty and a decrease In net worth caused a stock market declines. Then, the asymmetric information problems increased. It would become difficult to screen out good borrowers. The adverse selection and moral hazard problems Increased seriously. With the Increase of these problems, lenders were unlikely to lend out money and led to the decline of Investment and the crease of aggregate economic activity. Due to the poor business situations and uncertainty about their banks health which the bank could go broke. Depositors began to withdraw their funds from banks. The massive withdrawal of depositors would bring the bank failures. If they snowballed, bank panic would take place. The number of banks could decline. It was able to raise the interest rate even further and decreased the financial intermediation by banks. Deterioration of problems created by adverse selection and moral hazard could lead to the further economic contraction (Munchkins and Sneaking, 2000). Ultimately, market would have a stroke which was hardly recovered. Thus, market confidence wouldnt be optimistic. The stability of financial system in Malaysia could affect as well. After the Aslant crisis, governments In South-East Asian countries have taken action on solving the problems. Many rescue activities such as insertion of huge amount of government capital Into problematic Tanks, moving non-performing loans out AT banks, and setting up special government organizations to deal with non-performing loans, etc. (Ho, n. D. ). To deal with the impact of the Asian financial crisis in 1997-98, Penguins Attendant National Bertha has been set up by Bank Engage Malaysia to buy bad loans from financial institutions. Meanwhile, Adenoidal National Bertha has also been set up to recapitulate banking institutions. And the Corporate Debt Restructuring Committee was set up to reorganize large corporate debts. Other than that, Bank Engage Malaysia was also instrumental in designing and applying the selective exchange control measures introduced in September 1998 (Bank Engage Malaysia, 2003). To sustain full stability in the financial sector during the recent crisis, strong overspent commitment and support are important. It has contributed to the strength and thus returns of confidence in the industry. The support includes the timely government intervention to re-capitalist weak banks and remove non- performing loans from the banking system as well as the consolidation exercise (Public Bertha, 2000). As a conclusion, bad-loan problems should be faced seriously as they have a significant impact to a development of a country. Proper loan ad project monitoring system should be implemented in better manners. So, the asymmetric information can be avoided and then the Naps can be controlled. Question 2 The Federal Reserve System is the central bank of United State. Unlike central bank in other countries, Federal Reserve is not owned by government, it is owned by commercial banks in the district. Three of the directors are appointed by government, and government has the right to set and control salaries of high level employees. It is not a profit making institution, while Federal Reserve makes profits, member banks get 6% of investment capital as a dividend, and the rest will keep in capital account. The current chairman of Federal Reserve is Ben Aberrant. Federal Reserve controls U. S economy and it can influence world economy too. Its role and duties all into four general areas: 1 . Conducting the nations monetary policy by influencing monetary and credit condition in the economy in pursuit of maximum employment, stables price, and moderate long-term interest rates. 2. Supervising and regulating banking institution to ensure the safety and soundness of the nations banking and financial system, and protect the credit rights of consumers. 3. Maintaining stabilities of the financial system and containing systemic risk that may arise in financial markets. 4. Providing financial services to depository institutions, the U. S government, and foreign official institutions, including playing a major role in operating the nations payments system. Federal Reserve is consider an independence central bank, it has goal Independence, to set own Notation target, control AT money supply Ana exchange rate. It has the legal independence also, it is enshrined in law. It also has management independence and operation independence, to determine the best way to achieve the goal and run its operation, such as appointing staff and set budget. Public encourage central bank to be independence; the main reason is avoid Laotian take advantage in election by using monetary policy tools. When high unemployment is occur, one of the method to solve it is expansionary monetary. Compare with reeducation and retrain, expansionary monetary policy can help national output grow faster. But it is also create high inflation rate, due to money supply over in the market. To control inflation rate, government and central bank will increase interest rate to lower the inflation rate, government will increase interest rate to control it. It will finally occur high interest rate(low output) and high unemployment rate. If central bank could work independence, it could control inflation rate better cause it does not need to rush under political pressure. Monetary policy might be miss use by politician, to be their election tools. Politician can get advantage in reelection. Politician can increase money supply to make the growth of national output and consuming in short term. It creates a phenomenon that economy going very well. The after election, politician can reduce the money supply, to avoid the inflation problems. But the output peaked in the month of election, and falling ever since, due to money supply has been cut. In this situation, politician can either maintain the high output but high inflation, or cut down money supply to solve inflation problem but low output. Whatever decision government make, damage of economy system is definitely occur. To avoid politician take advantage I election and make problem to economy system by monetary policy, Federal Reserve should work independence. When Government increase annual budget, to purchase goods and services, they must finance by 3 ways-raising taxes, increase government debt, or printing new money. Public definitely not willing to pay higher taxes, raising taxes will bring bad influence to next election. Issue new government bond also not a good method, high government debt also make public unsatisfied. Hence, politician prefers print new notes for spending. And the result is, it increase inflation rate in long term (Thomas Mark, 2009). There is some argument against Federal Reserve independence. Monetary policy must be coordinate with fiscal policy, to ensure economy system working well. For example, if government increase annual budget and Federal Reserve decrease interest rate in the same period, they will create terrible inflation rate. Central bank loud never manage to control fiscal policy, so, only by placing monetary policy under control of federal government can these two policies be coordinate. Another argument against really Reserve Independence Is Tanat Independence He has failed to manage the inflation rate. For example, in sass-sass, Fed has overly expansionary monetary policy and create high inflation rate ever (Thomas Mark, 2007). Independence Federal Reserve bank has both advantages and disadvantages. Advantages of Federal Reserve being independence is ensure the Federal Reserve run without controlling of government, to avoid monetary become election tools of Laotians. An independence central bank will not create inflation problem under political pressure. Advantage of Federal Reserve being independence is, if central bank work closely with government, monetary policy can be more coordinate with fiscal policy, economy system can have stable and stronger growth. In our opinion, independence central bank is more suitable for a democratic country, like United State. In a freedom and democratic country, political manipulate to financial system are not allowed, if the incident is explore, the bad influence is deeper than Just a mistake of maintaining interest rate. We had also discussed if politician control in central banks actions, it will finally brings Inflation problem, unemployment problem and low output problems, and so on. Hence, we are strongly support Federal Reserve keep its independence and have more freedom even. Question 3 Insurance Companies are the financial intermediaries, which use the premium is paid on policies to invest on bonds, stock, mortgages and other loans. Asymmetric information occurred because of insured person has an incentive to cheat and seek for a claim from insurance companies (Munchkins and Sneaking, 2009). Insured person can lain the losses on the policies that they bought from the insurance companies, such as life, property, casualty or health insurance. Asymmetric information means lack of information is provided by the second party. There are two kind of asymmetric information, which is adverse selection and moral hazard. Adverse selection occurred before the transaction. Adverse selection means that someone is providing the fault information that affects the decision of insurance companies whether to accept or reject the insurance policies. Moral hazard occurred after the transaction. Insurance companies could not predict the ensured person will be engaged in any risky activities after buying the insurance policies (Munchkins and Sneaking, 2009). Based on the article is given, it shows the insurance companies refuse to pay medical bills to the insured person, who do not qualify for the claim. To protect the insurance industry, government proposed Medical Examination a Must for Insurance Purposes It is important to have a proper understanding of the asymmetric information in insurance industry. A proper understanding of asymmetric information is important to prevent any Truculent occurred, wanly could Drill a nudge amount AT losses to ten Insurance impasses. Refer to an article (Appendices 1) from The Star 2009, Singapore police recover 30 stolen Malaysian luxury cars. Some cars owners are forced to surrender their cars after they lost in gambling session in Singapore and reported the car have been stolen when they returned to Malaysia. The car owners are trying to cheat for a claim from their losses. Insurance companies will be suffered a huge losses if the police did not reveal the truth. Refer to the insurance industry statistic on stolen vehicles in Malaysia (Appendices 2), it shows the overall vehicle theft in 1997-2008. Number of theft was reached 46,330 cases in 2008. Claim incurred have been raised from REARM million to REARM million from 2007-2008. There is a significant increased by 1 billion in a year. If the amount of claim continuing increased in future, the insurance companies will not able to pay all the losses of policyholder. It is important for insurance companies to have a proper understanding about asymmetric information and come out with a good solution. To counter the asymmetric information, insurance companies overcome with some kind of solutions, which could reduce the adverse selection and moral hazard problems. Screening is an effective procedure to collect customer profile and allocate the risk class of policyholder (Munchkins and Sneaking, 2009). Screening is effective to reduce the adverse selection problems. There is an auto insurance rating system (Appendices 3) in US. It explained 6 factors that the driver insurance rate is determined:- 1 . Type of vehicles. (Safer car, less insured cost) 2.

Monday, October 21, 2019

I have put much thought into this topic over the last few weeks

I have put much thought into this topic over the last few weeks, and I think I am really able to speak from my heart about it. When I first thought about it, I was picturing the issues as things like affirmative action, abortion, or same sex marriages. After a lot of thinking though, I decided that these just werent the sorts of things that I would be willing to put my life on the line for. The reason for this is that although important to many, they really dont affect me to the point of me risking my life to change how they work. It may sound a bit selfish, but in order for MY life to be risked, the issue would have to affect me personally, and deeply enough to change my entire being and way of life. I just feel that some things, although important to some, are better handled by those that are affected by them that deeply. Now this is just my personal view on it, although many prominent people thought otherwise, such as Martin Luther King Jr. In his Letter from a !Birmingham Jail he spoke of the fact that we should stand up against any unjust law, whether it affects you or not . Due to the fact that issues like this werent important enough to me for risking my life, I decided it was best to think on the larger scale. It was from this that I decided what I would put my life on the line for.I feel that the Bill or Rights is the most important single document in the structure and operation of our country. It gives us many rights not available in other places of the world, and it sets us apart from everyone else as the fairest, most open minded country in the world. This is why I have decided that any movement that is working to try and take away any of the rights on the Bill of Rights is worth putting my life on the line for, because it would compromise my entire way of life. Now, for purposes of keeping the length of this paper down, I have decided to focus my attention to the...

Sunday, October 20, 2019

3 Cases of Faulty Parallel Structure of Negation

3 Cases of Faulty Parallel Structure of Negation 3 Cases of Faulty Parallel Structure of Negation 3 Cases of Faulty Parallel Structure of Negation By Mark Nichol The following three sentences, each followed by a discussion and a revision, illustrate the problem with setting up a â€Å"neither . . . nor† construction or similar phrasing without careful attention to grammatical integrity. 1. â€Å"Data coming from third-party sources can neither be made to comply with the organization’s security guidelines nor can its authenticity be trusted.† The grammatical confusion in this sentence is akin to that in a sentence in which the wording of a phrase including â€Å"not only† and â€Å"but also† is incorrectly ordered. (Search â€Å"not only . . . but also† on this site for multiple posts about frequently erroneous construction of sentences that include those phrases.) A â€Å"neither . . . nor† construction is not valid when a repeated verb (such as can) follows it; use it (with neither moved after the verb phrase â€Å"made to†) only if a single instance of a verb will serve both phrases: â€Å". . . can be made to comply neither with the organization’s security guidelines nor its (something else).† But for this sentence, let cannot take the place of â€Å"can neither†: â€Å"Data coming from third-party sources cannot be made to comply with the organization’s security guidelines, nor can its authenticity be trusted.† 2. â€Å"He does not represent neither goodness nor kindness.† Here’s another misuse of the â€Å"neither . . . nor† construction. Here, it is redundant to not; use one or the other: â€Å"He does not represent (either) goodness or kindness† (either is optional) or â€Å"He represents neither goodness nor kindness.† 3. â€Å"Smith wasn’t lamenting the view, but the decision by Yosemite National Park to change the names of some of the world’s most beloved destinations.† As with the first example, this sentence’s problematic grammar resembles that often seen in the erroneous construction of a â€Å"not only . . . but also† statement. Here, the verb lamenting should split the contraction wasn’t so that the contrast is clearly stated in â€Å"not (this) but (that)† form: â€Å"Smith was lamenting not the view but the decision by Yosemite National Park to change the names of some of the world’s most beloved destinations.† Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Style category, check our popular posts, or choose a related post below:36 Adjectives Describing Light60 Synonyms for â€Å"Trip†Comma Before Too?

Saturday, October 19, 2019

Week 10 Cis 329 technical paper Essay Example | Topics and Well Written Essays - 2750 words

Week 10 Cis 329 technical paper - Essay Example (Northcutt, 2002) Companies must be cautious of security breaches. They should follow best practices, which include having policies in place to take care of any incidents of security breaches. They should able to detect what information has been mishandled and decide who the proper monitoring authorities are and whom they can report to. Affected clients should also be alerted. The main task is to help advance security of the company’s IT infrastructure after a chain of network security breaches. These breaches comprises of someone getting in to the network who is not authorized , and accredited users being requested for their passwords by anonymous person claiming to work in the companies department. The senior systems administrator in this company will work and be able to bring together a team of systems administrators including other members of the IT (information technology) staff. His/her precise duties are going to vary depending on the area that the institution focuses on. The senior systems administrator will maintain the computer systems of the company, and offer hardware support to personal computers and other peripherals for the office workforces. The position requires that they purchase different parts for the computer network. In addition, training and supervising prospective IT employees falls under the senior administrator’s jo b description. (Northcutt, 2002) Information technology system lapses and breaches of data security may disrupt the Company’s capacity to function in the customary course of operation by potentially triggering delays or termination of customer orders, blocking the manufacture of goods, or causing the unpremeditated disclosure of Company information. Management has engaged in steps to address these concerns for its own systems by executing important network security and in-house controls. (Conti, 2007) Information system security is the practice of defending information from

Health care Education Essay Example | Topics and Well Written Essays - 750 words

Health care Education - Essay Example It is vital to place persons as well as their families in suitable context. Comprehending the wider cultural context in which families are entangled can help as important related data for directing assessments and scheduling intervention approaches. Ethnic facets such as ethics, principles, customs, and pattern of family may be utilized as clues, as a portion of the entire information gathered concerning clients who are taught. Gay (2000) has described culturally responsive teaching as consuming the cultural knowledge, previous involvements, and individual needs of diverse students in order to make learning more suitable and operative for them.  He has also defined culturally responsive teaching as comprising of these characteristics: Ethnicity is also a vital variable in how people with disabilities and/or illness are looked upon and treated by the members of their family as well as how their household, in turn, is observed by their community overall. Cultural influences facilitate ways in which symptoms are recognized and understood, suitable manners of expression of pain as well as discomfort, whether a specific chronic condition is extremely denounced or established, and whether the dependence that escorts chronic illness is disvalued or deliberated upon as a portion of the normal sequence of life. Finally, ethnicity may have a major impact on the ways in which families cooperate with health specialists and deliberations that practitioners must give for their care to be most operational. For instance, in the Latina culture, as a symbol of respect, elder persons should be spoken to by using their last name. Signalling should not be used because apparently benevolent body or hand movements may have contrary connotations in the rest of the cultures. Outright interrogative of expert such as a physician is offensive in some

Friday, October 18, 2019

Critical review the opportunities and constraints of ecotourism Thesis

Critical review the opportunities and constraints of ecotourism development in Hong Kong - Thesis Example Despite the diversified resources for ecotourism development in Hong Kong, the ecotourism industry has not germinated to become a prosperous industry. The government has already started to provide funding for the development of ecotourism in 2001 (Yeung et al., 2004). However, the ecotourism industry could not make any progress. Could it be attributed to the fact that our resources are not good enough to attract tourists? If not, what went wrong? In this context, the present chapter seeks to find the way ecotourism can capitalize the potentialities of the environmental resources including human beings for the development and growth of the economy. The researcher attempts to review the resources available in the country in detail with projection of opportunities for further development in the sector and thereby economic development. The chapter contains factual information on resources in the country supported by researcher’s assessment of how these resources are turned into means of ecotourism development. An attempt is also made by the researcher to analyze the impact of ecotourism on country’s resources. It is desirable that the study of the identification of resources for ecotourism development must precede the exploration of whether the country is really having the potentialities to make use of the resources. As understood by everyone, ecotourism is not supposed to endanger the environment and cultural heritage of a country. It must seek to find ways to enjoy the natural beauty of the country and should in no way affect the culture and lives of the local populace. One of the significant study by Cater remarked that during the 1980s, annual tourist arrivals in certain ‘ecotourism destinations’ are more than doubled and tourist receipts grew tenfold (Cater, 1994). In the early 1990s, one of the official reports of World Tourism Organization (WTO) predicted that there

Strategy Essay Example | Topics and Well Written Essays - 1000 words - 2

Strategy - Essay Example But the need to look attractive has never decreased. Hence, a good demand exists for the alternatives that are cheaper and equally attractive. The Industry: Jewelry industry is a very developed enterprise in the world. Scores of world famous brands of Gold, Platinum and Diamond are popular in New York and other big cities throughout the USA. The sales have however dropped a great deal in the recent times due to acute rise in the prices (Wallop, 2011). Jewelers have now developed a new breed of artificial jewelry that looks exactly like the original gold but costs way lesser than the original. An alloy with 82% by mass of pure copper, 11.5% zinc, 4.9% tin and small quantities of ammoniac salt and limestone shines exactly like gold with the same color. And once the alloy is obtained in ingots, the process of making jewelry from it is essentially the same as from original gold. Similarly, other alloys such as Mosaic Gold, Nuremberg Gold and French Gold all resemble original gold in appe arance and manufacturability without having traces of pure gold in them. The idea presented to Triangular Solutions is to market artificial jewelry made up of any of these alloys and decorated with semi-precious stones. We can observe that, apart from eye-catching appearance, designers’ brand names are what make the jewelry attractive. Hence, it is proposed that the jewelry must be marketed under a proper brand name. Market Size: Gold jewelry is equally popular among men and women in the country. From earrings, bracelets, bangles to crowns, a great variety of jewelry items exist that are in style among the women. Men’s variety includes bracelets, watches etc. Reports indicate that the gold sales have dropped by more than 50% in the past three years from 45 tons to about 15 tons per annum (Finch, 2009). Clearly, the reason for this drop is the rise in gold prices. Hence, if an alternative is given to the customer which is affordable and as good as the original gold, the n it is expected that the people will be attracted towards it in large numbers. Team Requirements: The team must have following members for successful execution of this business plan: Chief Executive Officer: His job will be to look after the overall operations of the business and coordinate between the teams. Jewelry Designer: His job will be to come up with new and attractive jewelry designs. Domain / Market Expert: His job will be to understand and explain market trends to the team Marketing Manager: He will be responsible for marketing and sales departments. Finance Manager: He will be responsible of the financial matters of the business Scalability of the Product: The business idea suggested here is reasonably scalable over a range of business volumes. The jewelry will be manufactured by individual workers without use of any sophisticated machine tools in general. The increase in the demand will be met easily by increasing the number of workers. Another feasible option will be to get the jewelry manufactured abroad in India or China where labor is comparatively cheap. This option can specially be considered if mass production is required to meet a very high demand. If however, the product does not gain expected popularity, the productions can simply be scaled down by decreasing the labor force. Financials: The price of gold in US markets is around $1500/oz. This amounts to around $10/carat. On the other hand, artificial gold alloys discussed above cost $0.15/carat on average. The major

Thursday, October 17, 2019

Case study Example | Topics and Well Written Essays - 500 words - 22

Case Study Example In 2008, the Manager of SGSB was anticipating to organize meetings to find organizations to collaborate with to resolve issues the graduate school has been facing. The meetings were very vital and the results would determine whether the school came to closure of continued operating. SGSB is vital as it offers management courses all over Bosnia and six other republics in the region. SGSB is located in a region previously affected by warfare causing hostility between residents and even splitting of the former Yugoslavia into regions, one of them being Bosnia. With the end of Civil war, Bosnia was in a dire condition as most assets were looted or ruined. Sarajevo, another resultant region was a great rival of Bosnia. After NATO intervention, the war concluded leaving vast economic and cultural effects. The economy of post war Bosnia was in severe need for intervention, which resulted in international aid. This crippled the economy further since the locals focused less on being productiv e (Laux & Stocker, 2010). Sponsors of SGEB realized the great need for educational business and intervened. The move to establish SGSB, a multiethnic institution was delightful, as it would enhance unity among Bosnians through collaboration during studies and in doing business. Since UD was not legalized to offer degrees in Bosnia, it collaborated with University of Sarajevo Faculty of Economics and Business, also to improve on availability of the teaching potential, as well as administration. Stocker, the manager of SGSB was prominent and competent, as he had worked with organizations such as FLAG, which had now collaborated with USAID and UD in the project. FLAG was responsible of providing managerial support. From 2004-2007, SGSB was able to train 100 graduates with faculty support from UD and local institutions (Laux & Stocker, Web). However, by 2007 the program faced challenges since UD focused much on

Causes and impacts of the War of 1812 Essay Example | Topics and Well Written Essays - 2000 words

Causes and impacts of the War of 1812 - Essay Example remained neutral. In 1805, the British defeated a combination of French and Spanish fleets near Cape Trafalgar, confirming its status as the world’s most powerful naval power. The main strength of the French, on the other hand, lay in its strong ground forces. Since the two opponents could not directly pit their strengths against one another, they resorted to economic strangulation methods. This was the first reason why Britain resorted to unfair maritime practices. The second reason was the perception that the American merchant marine was unfairly benefiting greatly from the European war, while also growing at a rapid pace thus posing a threat to Britain’s naval dominance and its commercial shipping (Harney). The British Orders in Council of 1807 decreed that all neutral ships should pass through British ports. France’s Berlin decree of 1806, and Milan decree of 1807 proclaimed Britain as commercially isolated, and condemned neutral nations whose ships adhered to the British decree. America perceived that both countries were disregarding its neutral rights, but British maritime practices were opposed more because Britain controlled the seas (Gateway New Orleans). Impressment refers to the right to search for deserters of a nation’s armed forces. Britain started stopping and searching American ships for British deserters – an act looked upon as a breach of sovereignty. American displeasure was exacerbated by the arrogant power entrusted by the British to their naval officers whereby they made unilateral, on-the-spot judgments about the nationality of any man on the boarded vessel Britain resorted to impressment because an increasing number of its sailors were deserting the navy due to discouraging factors like poor food, hard work and excessive discipline and preferring to work in the American merchant marine that itself faced a shortage of sailors and could afford to offer British deserters a wage treble of what

Wednesday, October 16, 2019

Case study Example | Topics and Well Written Essays - 500 words - 22

Case Study Example In 2008, the Manager of SGSB was anticipating to organize meetings to find organizations to collaborate with to resolve issues the graduate school has been facing. The meetings were very vital and the results would determine whether the school came to closure of continued operating. SGSB is vital as it offers management courses all over Bosnia and six other republics in the region. SGSB is located in a region previously affected by warfare causing hostility between residents and even splitting of the former Yugoslavia into regions, one of them being Bosnia. With the end of Civil war, Bosnia was in a dire condition as most assets were looted or ruined. Sarajevo, another resultant region was a great rival of Bosnia. After NATO intervention, the war concluded leaving vast economic and cultural effects. The economy of post war Bosnia was in severe need for intervention, which resulted in international aid. This crippled the economy further since the locals focused less on being productiv e (Laux & Stocker, 2010). Sponsors of SGEB realized the great need for educational business and intervened. The move to establish SGSB, a multiethnic institution was delightful, as it would enhance unity among Bosnians through collaboration during studies and in doing business. Since UD was not legalized to offer degrees in Bosnia, it collaborated with University of Sarajevo Faculty of Economics and Business, also to improve on availability of the teaching potential, as well as administration. Stocker, the manager of SGSB was prominent and competent, as he had worked with organizations such as FLAG, which had now collaborated with USAID and UD in the project. FLAG was responsible of providing managerial support. From 2004-2007, SGSB was able to train 100 graduates with faculty support from UD and local institutions (Laux & Stocker, Web). However, by 2007 the program faced challenges since UD focused much on

Tuesday, October 15, 2019

Business Essay Example | Topics and Well Written Essays - 2000 words - 3

Business - Essay Example The environment, as a result, is influenced in a negative way. On the other hand, globalization has a positive impact on poverty reduction and wealth generation of the nations, thus proving them with a wider range of opportunities for sustainable development. Introduction Globalization, as a process of unification of global markets, has been much discussed in the recent years. There exist different opinions on the issue – some view globalization as a positive thing, while others – as a negative. However, a general common opinion is that globalization is one of the principal vehicles for economic growth and wealth generation. Therefore, the goal of this paper is to research and analyze the role of globalization in the modern world as that of the driver of economic growth and wealth generation. In addition, the relationship between globalization and sustainable development will be assessed and analyzed in order to determine compatibility of the two concepts. The analysis will be based on current examples in areas such as poverty alleviation and environmental protection. ... le development and how the two principles can be used on practice with the goal of achieving a sustainable competitive advantage in the global marketplace. In order to achieve the set goals the meaning of both concepts – globalization and sustainable development – should be defined in the first place. Definitions Knight (2000, 12) defines globalization as a â€Å"growing interdependence of national economies - involving consumers, producers, suppliers, and governments in different countries.† As a result, boundaries between foreign and domestic markets are loosing their significance and businesses have more freedom to operate in foreign countries. Among the results of the process of globalization is, as Dunning (1993, 43) outlines, intensification of competition. As an economic term, globalization refers to the increasing integration of global economy caused by â€Å"incessant flows of goods and services, capital, technology and information across national borde rs† (Lucas 2004, 1). At the same time, globalization stimulates international communication and intercultural exchange. So, in a broad sense globalization can be called a continuous process of internationalization that increases interdependence of world countries in such aspects as economy, politics and culture, among others. As for sustainable development, it can be defined as a system’s desire or tendency to continuously improve and achieve certain social objectives, such as social wealth and health, improved education, increased volume of resources or increased number of social freedoms (Pearce, Barbier, and Markandya 1990, 2). Though such an improvement within the system does not have any time limits, the term implies that the changes taking place always lead to improvement and benefits the system

Monday, October 14, 2019

School Polcies Essay Example for Free

School Polcies Essay In the school display policy it should include the aim and objectives for the display. It is there to stimulate learning environment. It helps a child to gain new information and also to build their learning skills. The displays must be kept in good condition and also where possible trimmed and mounted. Staple guns and sharp pins should be kept out of reach of children and also removed properly when taking down old posters. A person may use different materials to help their posters look better and more eye catching for the children. Posters should be mounted in different ways and in different varieties. Heading, titles, letters and information must be written clearly for children to read. Display areas must be kept tidy and clean to prevent accidents. Display areas can be in the corridors, the classroom and outside the principal’s office. Staff must take pictures and record evidence for their reference. Staff have responsibility to ensure that the posters are kept in good condition and also to use health and safety procedures while putting up displays. Staff must use staple guns rather than pins as this could be dangerous if children get their hands on it. Staff must know how to approach hanging up displays that are high by using ladder not standing on chairs and tables. In the display policy it includes to use spray glue not super glue and this contains many dangerous chemicals. Display policy outline the rules and regulations that staff and students need to know before they are able to put displays up.

Sunday, October 13, 2019

Brief History of the Bauhaus :: essays research papers

An architect named Walter Gropius founded the Bauhaus in 1919 in Weimar, Germany. Gropius’ main objective of the school was to use each student’s creativity to change industrial and architectural ideas by integrating, into them, visual art. The Bauhaus sought to change the ideas of the industrial society that began in the beginning of the century. In the early Bauhaus, painters like Paul Klee and Wassily Kandinsky joined the school to teach advanced ideas of form, color and space. Klee’s work used subject matter that translated into graphical signs and symbols that invoked strong visual communications. He integrated modern art with the work of nonwestern cultures and children that charged visual communications. Kandinsky’s work at the school was based on his belief in the strong spiritual values of color and form. He taught his firm belief in the use of color and visual elements to depict the artist’s mood without the use of subject matter. Johannes Itten also played a major role in early Bauhaus. He taught a preliminary course in which his goals were to release each students creativity and to better their understanding of the physical nature of materials. Itten emphasized visual contrasts and and the analysis of Old Master paintings. He eventually left the school in 1919 because of a disagreement of how the course was to be conducted. Laszlo Moholy-Nagy took Ittens place later that year. Moholy-Nagy was a relentless experimenter who brought in new materials such as acrylic resin and plastic and later introduced students to new techniques such as photomontage and photogram. He also placed great emphasis on the use of type as â€Å"a tool of communication†. The school eventually moved on to Dessau, Germany because of tension between the school and the Weimar government. There was tension from the beginning but nothing was done until a new, more conservative administration had come into power. This led to the resignation of the director and it’s masters. Two weeks after this the students of the school each wrote letters to the government stating that they would be leaving along with the masters. The school was moved to a temporary facility in Dessau until a new school was designed and occupied in the fall of 1926. During the Dessau period the schools philosophy and identity came into full fruition. The Bauhaus Corp. was created, allowing the sale of prototypes created at the school to the industry.

Saturday, October 12, 2019

Essay --

Countless philosophies over centuries have overlooked and undermined the significance of indigenous African religions. Africa is a mainland that has long been shrouded in a cover of misjudging and stigma. The general misguided judgments about Africans are boundless and strike almost every part of African society and social orders incorporating religion. Many of the religions do not write and document everything but rather add more importance to oral history and rituals. Colonization and philosophers like Emile Durkheim have consciously or subconsciously stripped these religions of their value. Durkheim does not believe in animism because scientific laws or morals cannot back it up. Many indigenous African religions believe strongly in spirits and souls that link them to God. The idea of an isolated God does not make the supernatural un-important in Africa religions. Indigenous African indigenous religions share the same teachings like Christianity or Islam and we should not allow European philosophers as well as colonization diminishes its value. It is imperative to note that the soonest distributed perceptions about African Indigenous Religion are discovered in the reports of European voyagers, adventurers, preachers and frontier executors who interacted with the Africans in the eighteenth and nineteenth centuries. Their works were not insightful or efficient studies yet easy perceptions and shallow records intended to speak to western mindset and group of onlookers. According to the film â€Å"50 Years Later† you can grasp an understanding of the image philosophers and Europeans painted about Africans, like in the eighteenth century when Scottish philosopher David Hume said â€Å" I am apt to suspect the Negroes to be naturally inferi... ..., we revealed that regardless of a few collaborations by the ethnic nationalities with drives of imperialism, it is not simple to completely re-make the vision and observation of the individuals. While a few components of their social legacy have changed because of contacts with westernization, some different components that aggregate up into the people’s society have remained to a great extent unblemished, local and unaltered. In any case, pioneer attitude, and introductory biases and negativism have frustrated momentous research and usage for supportable advancement. This work is, hence, a clarion call for profound reflection that religion-social legacy has the limit for organizing deductive improvement generally. Society is crucial to societal improvement. There is underdevelopment in most nations in Africa in light of the fact that the foundations are broken.

Friday, October 11, 2019

Children’s Overuse of Technology

Children’s use of technology most affects a person’s cognitive development by eliminating the time that children have for other activities like proper sleep, a basketball game in the park, or just a face to face chat with a group of friends. Technology is not a proper substitute for a play ground, parks or a chat with friends where a child can find unlimited opportunities to learn valuable information about how they fit in the real world. A child’s cognitive development is not harmed directly by technology so much as it is harmed indirectly by abstaining from physical activities, failing to get proper sleep, or not interacting with peers. A study by the Kaiser foundation illustrates the enormous time children spend multi – tasking each day through technology, â€Å"Today’s youth pack a total of 10 hours and 45 minutes worth of media content into those daily 7 1/2 hours – an increase of almost 2 1/4 hours of media exposure per day over the past five years† (Henry J. Kaiser Foundation 2010, p. 1). It is not to suggest that technology plays no role in increasing a child’s cognitive development; it is to suggest that there is a widening gap between the time a child entertains themselves with technology and the moments that he or she allocate to alternatives activities. The benefits children receive from non – technology based activities are found in many research studies on cognitive development; for example, a study by preeminent sleep theorist Dr. Sadeh showed that the cognitive abilities of elementary school children deprived of just one hours night sleep would be reduced by two years the following morning (Sadeh, Gruber & Ravi 2003, p. 444 -445). Children cannot be engaged in interactive play with their peers, sleep or physical exercise which are so critical to their development, due to an overuse of isolating technological activities such as cell phones, television and video games. Children who spend too much time with technology find themselves isolated from their peers. Leading theorists like Jean Piaget understood the importance of peer interaction as a research tool that provides children with unlimited opportunities to evaluate other people’s concept of how to deal with situations that happen in the world. According to Piaget, â€Å"children gained knowledge about the world through their interaction with others and incorporated that information into cognitive structures† (Piaget 1962, p. 257). Piaget saw unscripted play as a way for children to gain new social skills by assimilating a peer’s new ideas and changing their understanding of the world to accommodate them. Children exposed to peer play gain the skill set which will allow them to progress away from an egocentric view point in which they are the center of the universe to a more abstract vision of the world that encompasses the morals needs of society. A child that has gained understanding of this is said to gain the social, emotional, and cognitive skills and behaviors that they need in order to be successful people in the world. Piaget would find educational value in any technology that allows children the opportunity to freely experiment with their understanding of the world. From the preoperational through the operational stage, children receive educational experiences even from basic technology like karaoke machines or cell phones that provide them the opportunity to test their language skills through experimentation. A child in the preoperational stage will use the karaoke machine in symbolic play to pretend to be a rock star. The operational stage children that are further along on their cognitive development might use a cell phone share ideas on what it is like to be in a rock group. However, the most promising use of technology to Piaget would be software that appears to emulate his theory of assimilation and accommodation. Indeed, Piaget believed that children learned best when a constant flow of information was acquired from others that either reinforced or challenged their perception of themselves in the world. An example of technology that might provide this is the game SimCity, which was marketed as providing people with the opportunity to test their knowledge of cities while learning to build one of their own. However, eventually Piaget would find games like this to be too restrictive in their opportunities for players to decide whether to change their self-constructs of city- life based on the limited real life scenarios in the game. The child is presented with or guided into possible actions by the software program and made to believe there are no limitations to the options one can take; however, software actions are very â€Å"narrow and circumscribed, and – what is even more important for the child – it is defined by the game developer and the manufacturer instead of by the child† (Provenzo, 1991, 1994). According to Piaget (1972), play can provide many opportunities for children to actively learn in a manner that is more intuitive than a direct instruction lesson. Piaget’s philosophy about play is validated by the following research. A study on rats that played rough with each other had a higher degree of neurotropic factor transcripts created in their brains’ cortexes than a rat raised in isolation (Gordon, Burke, Watson &Panskepp 2003, p. 17-20). Research by Diamond et al. (1966) on the thickening of a rat’s cortex showed that when a rat was allowed to freely assimilate and accommodate within an â€Å"enriched environment† (Krech, Rosenzweig& Bennett, 1960, p. 09-513) its cortex was affected profoundly as compared to other rats’ cortexes that were raised in non-enriched environments (p. 117-125). The research was designed to compare the thickening in the cortex of several rats’ brains raised in three different environments: one raised in isolation, three rats in a cage that emulated their natural environment, and three that were placed in the enriched environment. An enriched environment is defined as a cage that has enough room to accommodate the rats and toys that are added at specific intervals during their stay (Krech et al. 960, p. 509- 513). The rats were placed in the environment from 4 days to 80 days, and afterwards the cortexes were removed for comparison (Diamond et al. 1966, p. 117-125). A second set of experiments were designed to isolate factors like age or stress, which were constantly changing to reach the maximum thickening of the cortex. Data comparisons between the cortexes of the rats raised in the impoverished environments and the lone rat were measured, but not compared; however, further experimentation, in this maybe warranted in order to show the effect of peer play. In more play directed study, it was seen that rats that had played rough with each other had brains with a higher degree of neurotropic factors created in the brains’ cortex than a rat raised in isolation (Beatty, Dodge, Dodge, White & Panskepp 1982, p. 417-422). Another study of rats in social isolation showed an even more dramatic need for interactive play when a rat failed to respond with the proper defense mechanism when dealing with a dominant male rat. The study showed that rats that played with peers were successful in assimilating into society by using the tools they learned from peer interaction, much like Lev Vygotsky’s studies showed children did as well (Foroud & Pellis 2003, p. 35-43). Unlike Piaget, Vygotsky believed that a child’s learning process or cognitive development was not based on a solitary exploration of the world, but the influences of the child’s culture, environment or knowledgeable adults. Vygotsky’s studies were based on the significant improvement that children achieved on tests when they worked with an adult as compared to working alone. The test results for children working independently rarely reached the level of a child that had been taught by an adult. In the process of this adult guided development, â€Å"the child not only matures, but is rearmed. It is this â€Å"rearming† that accounts for a great deal of development and change we can that accounts for a great deal of the development and change we can observe as we follow the transition from child to civilized adult† (Luria & Vygotsky, 1992, p. 110). The times children meet with a knowledgeable peer or adult to learn a great deal of understanding is gained by the child. The growth of the child that works with an adult can be observed throughout their lives till they reach adulthood. Vygotsky would find potential in today’s technology and hope for the software technology of tomorrow that he would perceive as supporting his theory of the Zone of Proximal Distance. His theory states: â€Å"the distance between the actual developmental level as determined by independent problem solving and the level of potential development as determined through problem solving under adult guidance, or in collaboration with more capable peers [is greater]† (Vygotsky 1978, p. 6). The technology that was capable of teaching critical thinking, analysis and problem solving skills by joining them together to learn about any subject matter. Present technology does not have the natural language skills necessary to be able to respond to a child’s unlimited questions; however, games can guide a child’s thought process by the designer’s implementation of scaffolding techniques into the program. For instance, some games like Oregon Trail are appropriate educational opportunities for learning in the classroom. The game is a form of computer mediated instruction that uses information inserted into the program (scaffolding techniques) to help students complete the tasks that are important to perform an activity; however, it is limited in value since it does not allow children to interact with a knowledgeable adult or peer. Games that allow multiple players to work towards a common goal are available online and could be used to teach children in the way Vygotsky envisioned. Games like The Penguin Club or Halo are designed to allow children to work together towards a common goal; however, they are created to entertain and not to teach. Video games must be designed to capture a child’s interest and be tested to show how they improve a child’s education, or they will remain another example of a technology whose use is restricted solely to household entertainment. Other examples of technology that children use for household entertainment are described in the following study including which technologies are preferred by both sexes and which are preferred by a specific sex. â€Å"Children are far more likely to use technology for entertainment purposes to download music, chat on the social network, email friends or lay video games than do research on a topic of interest than for education† (Subrahmanyam, Greenfield, Kraut & Gross 2001, p. 7-30). The study shows boys and girls are likely to use the same technology for the same hours in school. However, after school hours boys were far more likely to play video games than girls. On the contrary, girls were far more likely to use their cell phones to text friends or communicate on the social network than their male counterparts. Both girls and boys still watched television more than any other technology. The study focused primarily on the type of technology a child used to entertain him or her self; however, the study did not delve into the effects technology use had on a child. Grant money has been expanded for research to investigate new social concerns about technology ranging from the possibilities of brain tumors brought about by excessive use of cell phones, desensitizing affects of violent video games on children towards real violence, and attention span problems caused by television and video games. A recent research study on the effects of children playing violent video games and their desensitizing effect on a child’s view of real life has challenged long held tenets of parents and researchers alike. Bowen and Spaniol (2011) designed a study to compare the emotional arousal state and long term memory of individuals that played violent video game as compared to those that did not. The participants viewed 150 photos of scenes that were designed to get a positive, negative, or natural response from the individuals. One hour later the people were asked once again to observe the scenes and this time 150 additional photos were added. The researcher then asked the individuals if they indeed had seen the photos previously and the results were recorded. Afterwards, the students were given a self-assessment test that asked them questions about their emotional state. Researchers predicted the results would show that the participants that played violent video games would remember less of the photos and have a lower level of emotional arousal. The study showed that the results were in favor of the null hypothesis and that there was no significant difference in the long term memory or emotional state of the participant that played video games and the individuals that did not. This study questioned earlier held opinions that violent video indeed caused children to be less sensitive to real life violence. Research by Carnagey, Anderson and Bushman (2007) evaluated the physiological response of individuals that watched a ten minute video showing real-life violence after playing their choice of a violent game or non-violent game for twenty minutes. The individuals that played the violent video game were predicted to have a lowerheart beat and galvanic skin response than the non violent video game watchers. The violent video players did show a lower heart rate and galvanic than the non-violent game players and were considered to be desensitized to violence (p. 489-496). The conflicting results help illustrate how little is known to whether video game technology as any direct adverse on the cognitive development of children that the concerns of society have suggested. Furthermore, studies on the effect of radio waves on heavy long term users of cell phones suggest different conclusions leading to question about its adverse affects on children as well. One study which evaluated brain tumor risk in relation to long term mobile use showed no increase in cancer in individuals that used cellphones excessively over the last ten years (Cardis 2010, p. 14). Another study showed that the brain glucose metabolism rates were significantly higher when using a cell phone causing concern that there may be negative effects from radio signals delivered to the brain (Volkow et al. 001, p. 808-813). It appears that additional research on technology is required, as was expended on television earlier in order to get a clearer picture of its effect on children. Television viewing time at a mean age of 14 years was associated with â€Å"elevated risk for attention difficulties, frequent failure to complete homework assignments, frequent boredom at school, failure to complete high school, poor grades, negative attitudes about school (i. e. hates school) overall academic failure in secondary school, and failure to obtain post-secondary (eg, college, university, training school) education† (Johnson et al. 2007, 481). The Research by Zimmerman and Christakis (2007) showed that six and seven year old children, who had watched an average of three hours of television a day as three year olds, had lower cognitive achievement scores on the Peabody Individual Achievement test for reading recognition and reading comprehension (473-479). Less sedentary activities that children do when not playing video games show a much clearer picture of the benefit they provided to a child’s cognitive development than any adverse effect technology does. Children who rode bicycles, played basketball or performed other aerobic activities at least three times a week for sixty minutes and spent an equal amount of time on muscle and bone strengthening workouts three times a week or more had significantly better grades than the children who did not (Coe, Pivarnik, Woomack, Reeves &Malina 2006, p. 515-1519). In conclusion, software technology as advanced as it may seem is not robust enough to support the theories of Piaget or Vygotsky. Advances in Artificial Intelligence for natural language would be required to make either Piaget or Vygotsky theories close to a real life learning experience. A computer game would need to be able to understand the thoughts voiced by a child and be able to respond to them fluently to recreate a real life experience. That software for video games is far from being developed. A child’s ability to learn from a computer as if it was a teacher is limited by how well the software developer provides guidance within the program to complete each task. A child will never get the freedom to explore and change his or her constructs in the world of technology as he or she can in the real world. In this day of modern technology and the information highway, it may seem ironic that the best thing a child can do to develop his or her cognitive development is to turn the television, video game or cell phone off and go for a bike ride.

Thursday, October 10, 2019

Different Perspectives of People’s Feelings

The Killing Circle: The Deferent Perspectives on Peoples Feelings Everyday around the world many terrible, and tragic crimes take place were not everyone Is aware of every single crime. Whether It Is a robbery, a kidnapping, a murder or even a case of missing books to someone out there It matters, but to others it may not. In the novel, The Killing Circle the author Andrew Paper shows that when something bad happens it tends to only affect an individual if that person were in that situation, or has a loved one in that current situation compared to society were people would just not care at all.An example this situation in real life would be let's say a fisher men's daughter was murdered and as a father he is devastated. Now to that fisher man's family this is a tragic moment in their lives, knowing that a person that they truly, deeply cared about is now gone forever. Now to society more than half of them may not be aware of this event, or be aware and Just not care because those peo ple It may not affect them personally as It would to the fisher men's family.This novel has a similar event were random murders take place, and the mall antagonist Patrick Rush does not care about what Is happening In his city and he goes not care of what happened to those people that died, until his one and only son is kidnapped by the mysterious Sandman. Andrew Paper shows that what a person feels when losing someone close to them is completely different for what society or someone not as close may go through and develops this theme by using Patrick Rush's situation as an example.To begin, everyone knows when anything big or small happens one way to find out would be probably watching or reading the news. Although the news is a good for giving people information on recent events, it is also something that hurts the hearts f the families of which the news could be about. Andrew Paper shows that when something happens to someone close to you It Is very painful, but to someone In the media It Is something that person can exploit and use to their benefit.He uses Imagery to make the readers Imagine a scenario that which the readers can feel how both a family member may feel and someone In society. For example, Mom can Imagine. A father loses his son at the movies, the boy snatched away in the time it takes to buy hot dogs and onion rings- it's a summer weekend news editor's dream come true. (Paper, 265) This example shows the father that lost his son would be devastated, worried, and angry that it happened, but this story for the news editor is something he could potentially use as the next top story in his article.Taking it a step further it even shows that when people in the society listen to this news most may not even care and that little amount that does care will slowly start to not care as well, but the family that lost their son will never stop caring until he would return safely home. Relating this to daily life there are many examples of when news porte rs take advantage of the worst situations Just to get a better rating for their show. For example, channel 6 news was trying to get out some Information on what happened to this teen who was shot out of her mother.For a parent that just lost their daughter the last thing the parent's would want at that time would be a reporter annoying them that is why that teens mother got angry and replied † ‘K, that's good' when asked for a reaction to her daughter's shooting, but then suddenly hurled a rock at ABACA photographer Marc Jackson† (Zimmerman, Para 3). This shows that even t a situation like this the reports do anything it takes to get some good news for their viewers, even if it hurts the hearts of the poor families.Furthermore, near the end of the book as stated Patrick Rush's son goes missing, and in such cases many people in this common society would simply give up on either searching for him or already think his son would be dead. In this situation the readers c an imagine what Patrick is going through, in his state of mind he allows the reading to sense how he is feeling by saying â€Å"There's the shots of local volunteers reaching for clues, for body parts.And there's the father, his skin speckled and spongy as oatmeal, aerobically pleading for his boys safe return† (Paper, 265). This shows that the volunteers in the society are already searching for clues, and Andrew Paper specifies that the volunteers are searching for body parts meaning that the volunteers must already be assuming Patriot's son to be dead. Patrick on the other hand is feeling depressed, as if he cannot move anymore without him, as if his skin feeling like it is going to melt, begging for his son to return safe.The readers can feel hat Patrick is in pain, and clearly the volunteers helping to find the boy are not, thus proving that a what a family goes through is completely different from what others in this common society would go through. This argument could b e related to a recent tragedy that happened in Toronto where a man named Tim Bosom was fallen victim to a group of evil people that murdered him over a few vehicles.A few vehicles were recovered by the police, and a statement was given by an owner of one of the vehicles. He said â€Å"it's Just a bike,' MacDougall said. ‘It's nothing compared to what the Bosoms are going through now. They'll never get Tim back. ‘This is sad, really sad† (Casey, Para 6). Mr.. MacDougall knows that what the Bosoms are going through is very difficult, and many people in Toronto probably did not even know of this incident that occurred, and do not feel what the Bosom family is going through.Thus, this recent event helps to prove that only families can understand how it feels when you lose someone because they are so close to him, compared again to society where people Just do not have that same personal connection. Finally, Patrick shows that people that only people that are close to you actually if the main and sorrow when you are gone. Although he realizes this after his son is kidnapped, he still shows that he now understands how it feels to lose someone, and why others aside from him may not. Patrick says â€Å"Harm tends to come from when you lose ones you know the best† (Paper, 267).Here Andrew Paper uses what Patrick said to show that only when a person loses someone close to them is when that person would experience any type of emotional feelings; compared to someone that might not know that person to well and may not go through the same type of feelings that someone that was close to that person goes through. Looking outside the book, everyone in the world is scared of losing someone that is close to them; by looking online you can find millions of quotes or Just ordinary people that have shared this feeling. For example, an unknown person said â€Å"I'm always scared of losing someone close to me†¦ ND Ted up to being told ‘it'll be t ine† (Losing Someone trot Death Quotes, 4). The quote said by an anonymous source is basically saying that losing someone close to you can be really scary or even depressing Just to think about, and people around you may not feel the same as you do. This is Just one opinion of the lions of people in the world, and Andrew Paper being one is trying his hardest to prove that only if a person that loses someone close to them goes through completely different feelings than a person not as close goes through.In conclusion, Andrew Paper using this novel to help prove that the emotions somebody shares when losing someone dear to them is completely different for someone that is not close to that person. By using Patrick Rush's situation as a main example he helped to prove this thesis, and by comparing it to outside sources in this essay the readers now are totally clear on his message. Anyone would be terrified to even think about losing someone like their brother, sister, mother or f ather, or even their closest friend.What the author wanted to show is that only people close to that person that might have died or gone missing feel the pain and others do not. The real life examples of Tim Bosom, the mother that lost her daughter, and many people around the world helped to prove this thesis, and the main message Andrew was trying to get across. Everyone who was read his books will understand Andrew Peer's message, but only when the readers were to go through the same ideal or situation is when they will truly realism he importance of how feelings are different for every individual.

History: Questions Essay

5. Compare and contrast policies, factors influencing success and outcomes achieved by the following â€Å"Asian Miracle† countries: Taiwan, Korea, Thailand, Malaysia, Vietnam and Laos. After the end of World War 2, East Asia experienced a rapid economic growth which lasted till 1990; before the Asian Financial Crisis. The countries that achieved substantial growth were Taiwan, South Korea, Hong Kong,  Singapore and Japan. These countries were referred to as the Asian Tigers and they were known for achieving and maintaining incomparably high growth rates and rapid industrialization between 1960 and 1990 (Lall, 1996). By the 21st century, the Asian Tigers had grown into high-income and advanced economies (Page, 1994). Initially, these countries were not expected to achieve such rapid growth as compared to Western countries (Amsden,1993). The other countries which were not far behind from the five miracle economies were Malaysia, Thailand and Indonesia. These countries were known as the Second-Generation Tigers. However, less fortunate countries such as the former French Indochina (Focusing on Vietnam and Laos) remained lagged in terms of development. Source: Summers and Heston (1991). Barro (1989). World Bank data. Figure 1 shows the eight HPAEs; all have a positive outlier in the income-growth distribution. While Malaysia, Thailand, and Indonesia are closer to the predicted values, the other five economies, Taiwan, Korea, Japan, Singapore and Hong Kong, are significantly above the predicted Gross Domestic Product growth rates on the basis of relative income level. From this chart, it is concluded that all of the HPAEs were catching up to the more developed countries. This essay analyses the causes that led to the difference in development between the Asian Tigers (5 miracle countries), Second-Generation Tigers (Second-tier countries) and the least developed ones. This essay will also state the multiple factors which led to the countries’ divergent paths and compare and analyse the impacts of each factor. The factors that will be expounded on are: (1) Economic Policies, (3) Factors influencing success and lastly, (4) Domestic and Regional Political outcomes. In 1960, the companies that achieved high growth rates and rapid industrialization were addressed as High Performing Asian Economies of Northeast Asia (HPEAs) of Northeast Asia and the Second-tier were referred to as Newly Industrialising Economies (NIEs) of Southeast Asia (Fisher & Rotemberg, 1994). Key events such as colonialism, decolonisation and the  cold war played a part in this phenomenon as it contributed to the building of HPEAs and NIEs economies. Colonialism Majority of HPEAs and NIEs countries used to be under colonial rule except for Thailand and Japan. Both Thailand and Japan used various methods to run their country; two of their main methods where their geographical location and resources available (Andressen, 2002). During the colonial era, majority of Southeast Asian countries used to have higher GDPs than Northeast Asian miracles; in the early 19th century, countries like Burma and Vietnam were wealthier than Taiwan, which GDP was $499 in 1820. During that period, both Malaysia and Indonesia’s GDP topped Taiwan and Korea until the 1940s, during the fall of colonisation. Burma and Vietnam owed most of its achievements to colonial institutions and natural resources. Unfortunately, colonialism did everything but good for both countries’ welfare (Easterly, 1994). The aim of colonialism was to acquiring full or partial political control over both countries, occupy it with settlers and exploit it economically. The Dutch, for example, introduced social classification and applied a divide-and-rule method to attain superiority over the indigenous people while exploiting them to work in plantations. The Dutch did not teach the colonies any form of manufacturing as they had no intention to invest in human resources. Similarly, British Malaya had its resources drained by colonists and when the colonist left, the countries that made up British Malaya declared independence. These independent countries continued to carry out the colonial style of administration; as this once produced significant profits, and system without the knowledge of manufacturing. The Asian Tigers: Korea & Taiwan In contrast, Korea, Taiwan, Singapore and Hong Kong, which were colonised by Japan and Britain, did not own many natural resources. Little was to be exploited from those colonies as the colonist only found their geographical  location and labourers of use. Unlike Korea and Taiwan, which were the main hub of food production and labour-intensive industries, Singapore and Hong Kong were used as import harbours. This put Singapore and Hong Kong at an advantage as basic education was provided and allowed them to gain the upper hand in industrialization when they gained independence. In 1960, during the Cold War, when political and military tension grew between both Western Bloc and Eastern Bloc, the economies of Taiwan, Korea, Japan, Hong Kong and Singapore were not affected. These Asian countries were not affected as they had leaders who put communal interests over personal benefits. Both private companies and governments of HPEAs worked together and collaborated. This act is attributed to the Confucian culture which majority of Asian countries practice. The Confucian culture emphasises on prioritising of community over individual (Johnson, 1982). Their economic strategies constituted of advanced industries supported by exceptional human resources, export-oriented, market-adjusting state interventions, efficient bureaucrats and institutional cooperation consisting of both government and certain companies. Korea and Taiwan, both former Japanese colonies, promoted their local companies and invested in improving their human resources skill and technological capability by following the Japanese model with their own adaptation (Beasley, 1987). They also used protectionist policies; such as tariffs, to ensure that their immature domestic market would not be forced to compete with foreign products. For the Koreans, their post-war economic strategy was to obtain knowledge from developed countries to adopt foreign technology. This was done to provide a foundation for its domestic industries (Woronoff, 1992). Korea’s oligopolistic development model was founded in 1960, under authoritative administration of Park Chung Hee. This development model was made up of collaboration between conglomerates called chaebols. Chaebols consisted of successful exporting companies that were chosen and given privileges (Wad, 2002). Korea’s development was also supported by its human resources. Its human resource were organised in military-like discipline. Gradually, after gaining independence from Japan, Taiwan entered into industrialisation stage by allowing government bodies to  supervise its development. In 1950, the Economic Planning Institution was started. The Economic Stabilisation Board executed the first four-years of economic plans, continued by Council for Economic Planning and Development (CEPD) who was tasked with national and regional planning (Kuznets, 1959). CEPD coordinated with ministries to ensure that development would be done according to plan but they had no authority to supervise. Government involvement could also be seen through the Ministry of Economic Affairs’ role in outlining which subdivision should be supported and this included industries of which Taiwan is reputable for: machinery, electronics, and telecommunications. In mid 1960, the government built export-allocated zones which were easy to access from harbours and airports. To stimulate export, customs and taxes were reduced and low interest loans were promoted. In 1980, labour skills gradually improved and this also resulted in the improvement of the education sector. Meanwhile, the NIEs and other less fortunate countries such as Vietnam and Laos; although predicted to be the next tigers following the success of their Northeast Asian counterparts, could not catch up with HPEAs. Some of the NIEs formed a ‘neo-patrimonial’ state. Neo-patrimonial is classified by having inefficient bureaucracy, nepotistic leaders and unstable authority. These nepotistic leaders show favouritism and public interest becomes second priority. This leads to poor economic growth along with disorganised policies. Furthermore, unlike the HPEAs that benefited from having a relatively homogenous ethnicity, Southeast Asian countries were diverse. This diversity in ethnic groups made it difficult for the ethnic groups to understand each other. In addition, due to the Cold War, the former French Indochina suffered severe political instability and economic collapse. The Second Generation Tigers: Thailand & Malaysia Similarly, Thailand and Malaysia both failed to achieve HPEAs success. In 1980, Malaysia tried to adapt HPEAs intervention model, but failed implement their policies. Thailand, on the other hand, was hindered by political  instability (Unger, 1995). In Malaysia’s case, participation of local companies was low and foreign companies played a greater role in Malaysia’s economy (Lubeck, 1992). Also, local companies depended on foreign technology and the country’s demand for advanced technical skills was not fulfilled. Furthermore, there was an ethnic divide between the indigenous people and Chinese. This prevented cohesive cooperation in both Thailand and Malaysia As for Thailand, the government, shareholders and military were unable to cooperate. The military would occasionally launch coup attempts and such attempts disrupted both political stability and economic activities. Vietnam & Laos Vietnam, Laos and Cambodia were the main Southeast Asian countries with poor economies. These countries’ economic problems were the result of internal conflicts (Tran Van Tho, 2003). The conflicts in Vietnam and Laos resulted in the victory of the communist party and as for Cambodia, the democratic government ruled. In 1970s, Vietnam was exhausted and isolated due to its involvement with the conflict between Cambodia and USA. Due to the conflict, Vietnam became one of the poorest countries in the region. Realising the need to fix their economic condition, Vietnam adapted a reformist pace by allowing private ownership in small to medium enterprises and opened itself to investments (Brown, 1995). This move led to Vietnam’s economic prospers, though lagging behind its capitalist neighbours. Vietnam currently relies on raw and secondary products (Department of Foreign Affairs and Trade, 2014). Cambodia and Laos were both alienated from being one of the Asian Miracle. Laos, being in between Thailand and Vietnam became a heated political theatre during the Cold War. Although Laos reformed it’s economic sector simultaneously with Vietnam, its economic growth pace was slow as the country relied on natural resources, agriculture and low skilled labourers. Only in early 1990 did Laos manage to expand its industry and attract foreign investors. To summarise, this essay has argued that the Asian miracle was an uneven phenomenon that only happened to some countries. It also states how rapid economic growth occurred in the eight East Asian countries; mainly focussing on Hong Kong, Korea, Taiwan, Malaysia, and Thailand. Furthermore, the common denominators of success: (1) maintaining macroeconomic stability, (2) broad-based educational strategies, (3) export growth, and (4) insignificance of industrial policy have been discussed upon. This essay argues that export push was a successful strategy, while industrial policy was â€Å"insignificant.† In conclusion, the substantial achievements of the HPEAs were owed to the collaboration of both companies and the government whose goal was to build a sustainable economy for the country. Majority of the Asian Tigers (First- tiers) were not blessed with plenty of natural resources but they managed to improve by investing in human resources and value-added goods. In addition, these countries also showed a strong unity among the society, government, and businessmen. The government’s authoritative nature created stability and helped to bring about positive impacts on the economy. The second-tier managed to get closer to the first-tiers due to the resources available. However, the second-tiers did not manage to draw alongside or surpass the first-tiers as they relied on low value-added goods, raw materials and low wage labourers. Also, their governments personal interests and corruption hindered the countries development. Citation Amsden, A. H. (1993). Why isn’t the whole world experimenting with the East Asian model to develop? Review of the World Bank’s East Asian Miracle Report, to appear in Symposium on the World Bank’s East Asian Miracle Report, in World Development. Andressen, C. A. (2002). Short History of Japan: from Samurai to Sony, Allen & Unwin. St. Leonards. Beasley, W. G.(1987). Japanese Imperialism 1894-1945, Oxford University Press, New York. Brown, FZ ‘The Economic Development of Vietnam Laos, and Cambodia’ in Young C Kim (ed.), The Southeast Asian Economic Miracle, Transaction Publishers, London, 1995 pp. 85-104 Department of Foreign Affairs and Trade, The New ASEANS: Vietnam, Burma, Cambodia, & Laos, Australian Department of Foreign Affairs and Trade. 2014. [ONLINE] Available at: http://www.dfat.gov.au/publications/catalogue/new_asia.pdf. [Accessed 03 September 2014]. Easterly, W. (1994). Explaining miracles: Growth regressions meet the gang of four. In NBER, East Asian seminar on economics 1993, T. Ito and A. O. Krueger (eds.). Johnson, C. (1982). MITI and The Japanese Miracle: The Growth of Industrial Policy, 1925-1975, Stanford University Press, Stanford. Kuznets, S. (1959). Six lectures on economic growth. Glencoe, IL: Free Press. Lall, S.(1996). Learning from the Asian Tigers, Macmillan Press Ltd., London. Lubeck, PM ‘Malaysian Industrialization, Ethnic Division, and the NIC Model’, in RP Appelbaum & J Henderson (eds.), States and Development in Asia Pacific Rim, Sage Publications, London, 1992, p.177-181 Page, J. ‘The East Asian Miracle: Four Lessons for Development Policy’, in S Fisher & J J Rotemberg (eds.), NBER Macroeconomics Annual, MIT Press 1994, pp. 219-282 Tran Van Tho. (2003). ‘Economic development in Vietnam during the second half of the 20th century: How to avoid the danger of lagging behind’ in Binh Tran Nam and Chi Do Pham (eds) The Vietnamese Economy: Awakening the dorming dragon. RoutledCurzon. Unger, D. (1995). ‘Government and Business in Thailand’, in Young C Kim (ed.), The Southeast Asian Economic Miracle, Transaction Publishers, London, 1995 pp.137-158 Wad, P ‘The Political Business of Development in South Korea’, in Edmund Terrence Gomez (ed.) Political Business in East Asia, Routledge, London & New York, 2002 pp. 182-215 World Bank, The East Asian Miracle: Economic Growth and Public Policy, Oxford University Press, New York, 1993, pp. 90-92 Woronoff, J.(1992). Asia’s Miracle Economies, 2nd ed., M. E. Sharpe Publisher. New York.