Will U.S. Be Overtaken by China Research Paper Example | Topics and Well Written Essays - 1000 words

Will U.S. Be Overtaken by China - Research Paper Example The assumption and expectation that China would one day become the world’s richest country is not a new one. The country has enjoyed massive economic growth and expansion of its global presence which have made it to economically surpass tens of countries within the last 20 years to sit at the second place. The current and future economic growth of China is as fast as it is diverse, while the US is facing a lot of financial challenges2. The fact that China’s economic and socio-political performance is only expected to be better while that of the US remains shaky makes China more likely than not to overtake the US in the next few years. Important Indicators for China’s Growing Superiority For the last thirty years, China has reported impressive economic growth3. The country has in fact been the fastest growing economy in that period of time. Economists have put the economic growth of China to be 17 times what it was in 1980. An interesting fact is that China was ra pidly growing while most of the rest of the world was not doing that well financially. About ten years ago, the United States’ economy was 10 times bigger than that of China. Today, China’s economic superiority cannot be refuted and its place as a world economic power was sealed after overtaking world’s number two spot from Japan. After a long time of what seemed to have been economic slumber, China finally woke up to its potential in the eighties. Other countries including the United States started to adopt and implement neo-modern policy changes. This included opening up to unrestricted capital flows and external trade. The countries also developed policies that enabled their central banks to be increasingly independent. They also adopted tighter cyclical monetary and fiscal policies and abandoned many of the development strategies that had previously been highly successful. China on the other hand, did not adopt these policies, many of which were promoted by world financial bodies such as the IMF, World Trade Organization and the World Bank whose decisions were heavily influenced by decision makers and economic planners based in Washington. China was not a member of the WTO up until 2002. Although China’s economic acceleration involved the expansion of foreign investment and trade, its financial decisions and management were carried differently from the rest of the world4. The most outstanding difference was that China’s economy was largely controlled by the state, unlike in the US where it was liberalized. State control was meant to ensure that trade and investment decisions were in line with the development goals of the government. One of these goals was to develop and make products intended for the external or international market. China’s policies also promoted the use of enhanced technology. The aim was to transfer high level technological competence from foreign investors to the local economy. The government w as also keen on hiring Chinese for jobs at the managerial and technical levels. This meant that foreign enterprises could not compete at the same level with many domestic businesses. The economy of China is still largely controlled by the government. The state controls a huge percentage of the exchange rate and other financial systems. A substantial amount of industrial assets are also under the control of the government. When other countries were struggling under the pressure of the recent worldwide recession, China’s economy was not affected. The state-led economic system can be and should be credited for this. The country enjoyed an enviable 9.8% GDP growth though this was a fall of 3.7% mainly due to the poor performance of the international mar

Respond to Taxation No Tyranny Assignment Example | Topics and Well Written Essays - 500 words

Respond to Taxation No Tyranny - Assignment Example The other would be that as humanity is uniform so do Americans resemble Europeans in such a manner. The protagonists have also made claims that the ancestors yielded to such tyranny as they had no right to vote or either gave up their rights for certain benefits such as being protected by the law and thus the colonists have exactly that which was passed on to them by the ancestors (Johnson 1775). The attempt to gain independence has been viewed as a progressive disobedience that started as dispute to paying of taxes and has grown to questioning of legislation. This leaves the colonialist with options that are limited to either yield to the demands or to combat the uprising. With the relentless nature of the colonist the latter has an upper hand, in other words resigning of dominion is impossible but reinstating it by force is inevitable. Furthermore the colonialist feels that such drum beats of independence must not rise from such a people as those who are enslavers of other races such as Negroes (Johnson 1775). The zeal with which these claims have been put across is outstanding, but the knowledge behind them is wanting; another display of leaping without thinking. The colonialist ought to know that times have changed and only a man who supports stagnation and stunted growth would support subjection of America to the Britain. To tell the Americans to continue under the tyranny of colonization given that that is what the ancestors passed on to them is a sheer display of cowardice towards change and exposure to the deficiencies of status quo. Every American is grateful at what the ancestors did to provide a system that worked in those days. It is indeed true that the Americans resemble Europeans that is why freedom is inevitable in America just as it is in Europe. Our ancestors might have forgone their right to vote and to make legislation for the benefits of being protected by the law, for the nation

Foster Parenting and Foster Care in Louisiana Research Paper

Foster Parenting and Foster Care in Louisiana - Research Paper Example Foster parents need to develop for the child a ‘family-like environment’ (Department of Children and Family Services, Foster Parenting 2012), ensuring that the vital needs of the child, in terms of food, clothing, health and education, are fully covered. Foster parents also need to support the personal development and growth of the child (Department of Children and Family Services, Foster Parenting 2012). It should be noted that foster parents do not have parental rights, at least not at the same level as the birth parents; for this reason, foster parents need to cooperate with the local authorities and the birth parents for identifying the needs of the child in terms of daily care. The above rules are common in foster parenting schemes developed across USA. In Louisiana, authorities have focused on the support of foster parents so that the care provided to the children, in the context of foster parenting, to be as appropriate as possible. In 2003, the number of children in foster care in Louisiana has been estimated to 4,541 (Foster Care Month Organization 2005). Among those children, 53 are male, while the average age of children in foster care is 10 years (Foster Care Month Organization 2005). As of September of 2003, the average period that a foster child stays in a foster family has been estimated to 29 months, which can be characterized as rather long (Foster Care Month Organization 2005). In 2004, the number of certified foster homes in Louisiana was estimated to 2,822 (Foster Care Month Organization 2005). In order for a family to provide foster care, it has to ask for a foster care certification. The requirements of this certification are the following ones: a) provision of information to foster family in regard to the needs and the demands of the program, b) the submission of a relevant application, c) fingerprints are provided by all members of the foster family, meaning those members who are

Persuasive Analysis Animal Tesing Essay Example for Free

Persuasive Analysis Animal Tesing Essay For centuries animals have been experimented on for human benefits. People tend to forget that millions of animals are being tortured and even killed during the process of these extremely painful experiments. There are many other, more humane ways to test products that do not result in animals being harmed. For years now millions of helpless animals are suffering for our benefits. It is not fair for these harmless animals to live their entire lives in agony. Bleeding, blindness, liver problems, and ulceration, these are just some of the serious side effects of animal testing. The animals go through days and days of painful experiments, only to result in their deaths. About 50% of the animals used in these experiments die within the first two weeks and only 31% of those are euthanized to stop their suffering. â€Å"Beauty is pain† is a phrase that is commonly heard. But this saying has a whole new meaning in cosmetic testing labs where animals are being tested on all around the globe. Most women do not think twice when buying a cosmetic product. When girls put on their mascara in the morning I doubt they wonder â€Å"which animal suffered to make this?† The truth that no one wants to face is that the human race is extremely selfish. Are cosmetic products that important that we need to kill innocent animals just so we can safely wear them? Testing cosmetics on animals is not necessary. There are many others ways to test products that would not result in animals being harmed. Technology has become so advanced; scientists could run their tests through computers instead of testing on animals. The way in which animals and humans react to their environments, both physiologically and behaviorally, can be drastically different compared to humans. Animals have smaller blood vessels than humans that are distributed differently throughout their bodies. Makes you wonder why scientists in the testing labs bother testing on animals in the first place. Animals are living creatures that are experimented on against their free will. When will this animal cruelty stop? It is no different than someone beating their dog, and they get charged in caught.

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The Indian Entertainment and Media Industry has performed better in the Indian economy and is considered one among fastest growing sectors of India. It is increasing on the base of economic growth and accelerating income levels that our country has been witnessing in the last few years. This is indeed proving useful to the entertainment and media industry in India as this is a rather sensitive one and it prospers faster when it is an expanding economy. An added advantage to the entertainment and media industry in India is from the point of view of demographics where the spending of the consumer is increasing as a result of increase in disposable incomes due to sustained growth in income levels and reduced income tax in the last ten years. The present size of the industry is estimated at US$ 7 billion in 2004 and is estimated to grow at a CAGR of 14 per cent to US$ 13bn by the year 2009. The Filmed Entertainment and Television segment rules the industry succeeding to Print, Radio and the Music segments. The overall Indian economy observed a slack in 2012 due to both external and domestic factors. The fiscal and monetary stimulus given by the Government of India after financial-crisis resulted in strong growth in consumption and demand in 2009-10 and 2010-11. However, this has led to higher inflation and a powerful monetary response that reduced consumption demand. Moreover, infrastructure and corporate investment were also rallied down by the strict monetary policy and the policy bottlenecks. Externally, a slow global economy weighed down by the incessant crisis in the Euro area and prevalence of uncertainty in the US fiscal policy also increased risks to development. The Central Statistical Organization’s (CSO’s) estimates show a... ...this increasing number is eventually resulting in the growth of internet advertising, which today is standing at about INR 1 billion. †¢ The internet is being utilized for a variety of purposes, besides work, like as chatting, doing transactions, leisure, blogging etc. †¢ This serves as a large potential to marketers in the sale of their products. †¢ And with wireless and broadband becoming popular, internet reach is expected to increase in leaps and bounds. BARRIERS TO INVESTMENT The following are certain barriers to investment in the media industry; †¢ Piracy. †¢ Lack of a uniform media policy for foreign investment †¢ Level playing field with incumbents †¢ Content regulation †¢ Price regulation in the television industry †¢ Cross-media ownership rules †¢ Lack of empowered regulators †¢ Merging of the FII and FDI caps †¢ Tax treatment of foreign broadcasting companies

Importance and Scope of Commerce

Since the second part of the 20th century, the world is entered in the new era of the globalization. This era began with the creation of the GATT (General Agreement on Tariffs and Trade) in 1947 which finally lead to the creation of the WTO (World Trade Organization) in 1995. Those organizations have for objectives to accelerate, in the world scale, exchanges of goods, services by limiting the barriers of the commerce between the countries. In this era of globalization, the commerce has a central place. The importance of the commerce is in the fact that it provides goods and services which are easing the life of the consumer all around the world. Commerce is a preponderant vector of economics development and growth for countries. Indeed, the countries the most powerful, on an economical point of view, are the countries which dominate the world’s business, like the United States of America, China or Arabic countries due to the oil’s market. The opening of economies to the rest of the world and the trade liberalization (which can be reach thanks to the GATT and WTO’s work) are essential steps to improve the well-being of populations. It contributes to reducing poverty and helping countries to accelerate their progress (developing countries). The final objective of commerce is to make all the countries economically independent, in a sustainable way. Due to the importance of commerce in the present day world, there is a constant development of businesses and specific jobs in relation with commerce. That means that more and more people are engaged in commerce and concerned by this activity. So, the scope of commerce is very wide and is still changing day after day. Indeed, since the world is growing (new consumers, new way of life [†¦]) and the technology are changing, there is new businesses which open every day worldwide. Furthermore, there is a change in the world’s economy which influences the scope of commerce. For example, in one hand we can see that all the manufacturing companies are moving to developing countries to benefit of the low-cost labor force, in China or India for example. So it changes the frontiers of commerce by create new players in the world business. In the other hand, the developed countries have to find new opportunities for maintain their importance. So they explore new fields for business like the Internet. Thus, most of the companies from developed countries are moving toward the internet by the creation of a new way of make business: the e-commerce. With this opening on the virtual world for commerce, it expends more and more the scope of commerce. And you can guess that in the near future, with the development of new technologies, companies from developed countries will find other field to continue their business. So, we can conclude that the importance of the commerce in our society is very strong and that his scope is as wide as commerce is important in the 21st century. But we have to keep in mind that the current limits of commerce won’t be the same tomorrow and are not the same as yesterday because the scope of commerce is in constant evolution: each day, new entrants are coming to the business replacing other players who disappear.

Sino Soviet Split

Communism in US was embraced as an ideology but in China it was seen as an alternative)bureaucracy, different levels of productive force, dominant role of peasantry,( in china, they had no clue, so the role of town workers and farmers in US and China) different perspective to imperialism ( when communism was instilled in SO, Stalin etc was interested in bringing about a strong US empire, so they felt that other countries should subordinate to theirs, because they feel they were the leader. US volcanically and militarily aided the countries to spread communism-China, believed strictly In sovereignty, no Interference In domestic policies.Mao received extremely Limited aid, he spread It Individually. Hence, China did not see why they should have to succumb to SUE leadership. He refused to conform. In the long march to the mountain, when he recruited and spread communism, the used the farmers, and the loyalty was instilled thru how communism could help their socio economic problem. China has plenty of cheap labor. So Mao Sedona took into account all this factors. -As a result of all the difference in ideology, dominant players, ways, what happen is that when Mao finally established communism in China, he felt independent, he did not feel obligated to SO.They did not respect US s the supreme leader of communism as opposed to Eastern European countries. Ideological – approach + practice difference ( policies headed of , 2 different directions – personality , challenges to USSR supreme leadership. Communist Crises 1) Sino soviet split 2) Chinese Economic Reforms (1978) -by 1980 china was already full on economic reform. Resulting in a major crises June 4th mass demonstration and Attainment Square massacre 1 ) agriculture and farming -leasing land to the farming, in return a fixed quota, incentive to increase farming. Decentralized party power. Province power increased to make decisions.Adoption of household responsibility system. 2) industry- as china be gan to reform, how are you going to measure economic efficiency? What measures were taken to modernize Industry 1) gradual approach 2) pilot project XSL Chuan, starting with the smaller SEE, they were given autonomy. More than 6000 See's were given power. All the state Industrial, manufacturing and production of Industrial products, they were also supposed to be financially independent. They were supposed to increase the among the farmers. But the SEE failed, because of corruption, lack of training of skilled people, lack of enterprising managers. 3) open door policy 4)