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The rapid rise of economies in Asia over the past few...

The rapid rise of economies in Asia over the past few decades has been phenomenal. According to (Steven, Jeffrey and Jong-Wha, 1997), Asian countries such as Hong Kong, Singapore, Taiwan, Korea, China, Malaysia, Thailand and Indonesia grew at an average of over 5.5% per year in per capita terms between 1965 and 1990. The mentioned 08 Asian countries are also known as the eight high-performing Asian economies (HPAEs). With exception to some post-war European countries, such growth rates at this magnitude and duration are unprecedented in human history. During the mentioned timeline, 23 economies in East Asia grew faster than those of all other regions (Page, 1994). According to (David, 2014), over the past decade, Asia accounted for†¦show more content†¦Overview of Singapore The republic of Singapore is a small island that gained independence from the British in 1959 when the British granted the island autonomy on internal affairs. The future looked bleak for Singapore as it faced many global and internal economic challenges. In 1963, Singapore joined with Malaya, Sarawak, Brunei and North Borneo to form the Federation of Malaysia. Singapore felt that by joining Malaysia it would benefit the economy by creating more jobs, creating a free market in the process lowering trade taxes and supporting new industrial and manufacturing industries. In 1965, due to racial riots and disagreements between Singapore and the Malaysian Federation government, Singapore withdrew from the Federation of Malaysia to become an independent, sovereign and democratic republic. Some of the challenges that it faced was; A small island with no natural resources, high unemployment rates, more ports near Singapore were developed and Singapore faced stiff completion from them, there were insufficient government schools to take in all children of school-going age, poor housing conditions as there were many overcrowded and unhygienic squatters, the population had a low proficiency in English, etc. The government focused on economic growth to ensure the survival of the country. 3. 3-pronged strategy adopted by the Government According to (The Civil Service College, 2009), a 3-pronged strategy was adopted by the government to ensureShow MoreRelatedChina And The High Asian Economies3127 Words   |  13 PagesSince the 1960s, Asia has become richer quicker than any other region across the world. China and the High Performing Asian Economies (HPAE) have been the fastest growing economies ever, demonstrating phenomenal economic growth in the years between 1965 and 1990. Compared to large parts of Asia Sub-Saharan Africa and Latin America, the HPAE’s have been highly successful at achieving high growth rates. Most of this success can be attributed to the staggering growth in Japan, the four tigers includingRead MoreEssay about Rise of China and India2237 Words   |  9 Pagesbeing answered: Does the rise of china and India pose a threat to the American power Tutor name: Daniel Ringuet Since the early stages of the 1940 America has risen to power and stayed in power. To date America is considered the only true world super power. In the past the Roman Empire, Greek and Egyptian were all very dominating but even then there were challenging dynasty so they can’t be called a ‘super power’. In today’s society the world has two more economies forcing their way to theRead MoreCan Globalization Be Made For The Poor?3039 Words   |  13 PagesIt is just advancing faster now a days, faster than ever before but it has been around hundreds or some may argue thousands of years ago. It has never had any single meaning nor had it has any definition without disagreement. It has always have different meaning to different people. Globalization is such an issue which is unavoidable but hard to specify. It has its triumphs on poverty to a great extent for the last few decades. But still there are scope to work better for the poor. This essay attemptsRead Mo reA Report on â€Å"a Study on Private Equity in India and Analysis on a Study on Private Equity Investments†7035 Words   |  29 Pagesconsideration helped me in the successful completion of this project. Contents: Objective of the study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦6 Scope of the study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..6 Limitations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..6 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.7 Past amp; Present scenario†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..11 Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..13 * 2005 to 2007†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.13 * 2007 amp; 2008†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.14 2009 Top business deals of 2009†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦15 Top ten trends of 2009†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦16Read MoreAirline Indutry - Asia Pacific Region8163 Words   |  33 Pagesincluding process reservations and bookings, customer services, corporate image, travel experience and supply chain management. 2. Airline Industry in Asia Pacific Region Faced with rising aviation fuel prices, increasing competition and airline globalization, new openings into Asian countries and additional flying routes being launched, it has been an intensive competition for Airlines. Asian airlines are campaigning aggressively to ensure passengers have the latest technology and the best availableRead MoreReady Made Garments: a Case Study on Export Performance5936 Words   |  24 Pagesplayer in the economy within a short period of time. The industry has contributed to export earnings, foreign exchange earnings, employment creation, poverty alleviation and the empowerment of women. The export-quota system and the availability of cheap labor are the two main reasons behind the success of the industry. In the 1980s, the RMG industry of Bangladesh was concentrated mainly in manufacturing and exporting woven products. Since the early 1990s, the knit section of the industry has started toRead MoreIron Steel Industry in India6375 Words   |  26 Pagescrucial to the development of any modern economy and is considered to be the backbone of human civilisation. The level of per capita consumption of steel is treated as an important index of the level of socioeconomic de velopment and living standards of the people in any country. It is a product of a large and technologically complex industry having strong forward and backward linkages in terms of material flows and income generation. All major industrial economies are characterised by the existence ofRead MoreFour Wheeler Industry in India13140 Words   |  53 Pagesunprecedented boom in demand for all types of vehicles. This boom has been triggered primarily by two factors: * Increase in disposable incomes and standards of living of middle class Indian families estimated to be as many as four million in number; and * The Indian governments liberalization measures such as relaxation of the foreign exchange and equity regulations, reduction of tariffs on imports, and banking liberalization that has fueled financing-driven purchases. Industry observers predictRead MoreConceptual Framework And Literature Review8059 Words   |  33 Pagesinfrastructural development were systematically reviewed. According to Dankani (2013) several studies have been conducted on urban growth in urban areas but most of the focus of the studies tends to be on the trend of outward growth of towns and cities rather than the nature of the built up environment that emanates from the expansion. Although research focus on urbanisation and many studies on urban growth were conducted in the past years, knowledge about the drivers of urban dynamics is stillRead MoreThe Human Resources Management of Five-Star Hotel in China12630 Words   |  51 Pages | |Chapter 6 |- |Implementation | Ch1---- Introduction of china s hotel industry. Along with the arrival of knowledge-based economy and China joining into WTO, Chinese traditional hotels organization and function, management ideas and philosophy, and services are facing comprehensive challenges, and under dramatic changes. In the new century, enhancing the development of human

Macro Economics Free Essays

1. Suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash. If the central bank does not respond to this event, what will happen to the price level? Use a diagram to assist in answering this question. We will write a custom essay sample on Macro Economics or any similar topic only for you Order Now 2. Use the loanable funds model to explain what happens to interest rates and investment if a government moves from a balanced budget position to a budget surplus. 3. Suppose that the T-account for The Open Campus National Bank (OCNB) is as follows: Assets Reserves $100,000 Loans 400,000 (a) If the central bank requires to hold 5% of deposits as reserves, how much in excess reserves does ONCB now hold? (b) If ONCB decides to reduce its reserves to only the required amount, by how much would the economy’s money supply change? 4. (a) Explain the adjustment process that creates a change in the price level when the money supply increases essay writer online. (b) Explain with the aid of a diagram what happens to the money supply, money demand, the value of money, and the price level if the central bank increases the money supply. c) Explain with the aid of a diagram what happens to the money supply, money demand, the value of money, and the price level if people demand less money at every price level. 5. Liabilities Deposits $500,000 If the central bank requires banks to hold 5% of deposits as reserves, how much in excess reserves does OCNB now hold? If OCNB decides to reduce its reserves to only the required amount, by how much would the economy†™s money supply change? Explain the adjustment process that creates a change in the price level when the money supply increases. Explain with the aid of a diagram what happens to the money supply, money demand, the value of money, and the price level if the central bank increases the money supply. Explain with the aid of a diagram what happens to the money supply, money demand, the value of money, and the price level if people demand less money at every price level. Explain, using diagrams, the effect on prices and output if: (a) farmers experience excellent growing conditions for a prolonged period. (b) households decide to spend a larger share of their income. 6. Explain, using diagrams, what happens to the interest rate, consumption, investment, and aggregate demand if the central bank sells government bonds to the public. 7. Suppose commercial banks install ATMs at every supermarket and gas station and, by making cash readily available, reduce the amount of money people want to hold. (a) According to the theory of liquidity preference, what happens to the interest rate? What happens to aggregate demand? (Assume the central bank does not change the money supply. ) (b) If the central bank wants to stabilise aggregate demand, how should it respond? How to cite Macro Economics, Papers

Factors Contributing to Poor Communication †MyAssignmenthelp.com

Question: Discuss about the Factors Contributing to Poor Communication. Answer: Introduction: Ineffective refers to when members of a team or the organization in general are unable to communicate. This may be due to poor rapport, or lack of the necessary skills required for communication. In other instances, ineffective communication may be the result of language barriers (Nguyen, 2010). The issue of effective communication is very important as organizations seek to meet their objectives. Without effective communication, the organization may not be able to foster the right kind of teamwork and collaboration needed (Nguyen, 2010). According to the principles of management by Fayol, organizations can only succeed if there is unity of direction. This means that there is cohesion, and the team moves together forward. This theory can therefore be applied to better capture organizational communication importance, and in helping eradicate ineffective communication (Fayol, 1949). To resolve ineffective communication, organizations need to identify issues that affect communication, and address them through training and a way of communication that avoids ambiguity and miscommunication (Nguyen, 2010). In hospitals for instance, Taran (2011)shows that institution can minimize indirect communication between staff members, to avoid miscommunication. Research has shown that simple modifications to communication, such as the format of a communication form in a hospital, could have highly positive effects. Lack of creativity Groups may lack the necessary skills to become innovative, due to the unwillingness to risk or think outside the box. The organization may be unable to properly carry out its mandate during the process, effectively negating the whole purpose of a team (Nguyen, 2010; University of Queensland, 2017). Teams are credited with being the hub of creativity. However, this may sometimes fail when the organization or team insists too much on unity and a common direction for the team, hereby removing any incentives for coming up with transformative ideas (University of Queensland, 2017). The human relations theory is important in analyzing this issue. Where managers ask for subordination of creativity so that the task at hand is completed, they are viewing the workers as a part for the task. However, viewing holistically will give them the space needed to become creative (Miles, 1965). To resolve this issue, the organization should make it clear that all opinions are valued, that each member should contribute their ideas, and that creativity is the most important reason for teamwork. The lack of creativity is especially seen in the government, where members may lack motivation and encouragement to advance their own ideas. By being more receptive, and having a clear mission and goals, this can be rectified (Denning, 2012). In any team, conflict is always likely to happen, as the team is composed of team members who are different in character and approach to situation. However, it is how the conflicts are resolved that determines whether the team will ultimately be successful or not (University of Queensland, 2017; Nguyen, 2010). Conflict resolution calls for fairness, and compromise. Without this, the team will be unable to properly work, and will not achieve its aims (Nguyen, 2010). Again, Fayols principles of management can be used to explain this. When there are disagreements between team members, the organizations interest should take precedence (Fayol, 1949). This is usually seen in political parties, where the individual ambitions and views of the members are usually subordinated in favor of the partys overall goals. Members who are in conflict should be encouraged to respect other ideas, and be ready to compromise. Additionally, they should be ready to negotiate to resolve issues (University of Queensland, 2017). References Denning, S. (2012). How To Make Government Innovative Again. Retrieved 09 06,2017, from forbes.com: https://www.forbes.com/sites/stevedenning/2012/03/06/could-government-invent-a-130mph-driverless-car/#1a42086d320f Fayol, H. (1949). General and Industrial Management. London, England: Pitman. Miles, R. E. (1965). Human relations or human resources? Harvard Business Review, 43(4), 148157. Nguyen, S. (2010). 8 common problems that teams encounter. Retrieved 05 06, 2017, from workplacepsychology.net: https://workplacepsychology.net/2010/12/17/eight-common-problems-teams-encounter/ Taran, S. (2011). An Examination of the Factors Contributing to Poor Communication Outside the Physician-Patient Sphere. McGill Journal of Medicine?: MJM, 13(1), 86. University of Queensland. (2017). Problems associated with group work. Retrieved 05 06, 2017, from https://www.uq.edu.au/student-services/learning/problems-associated-group-work