What are the main problems in China that can derail its economic Essay - 1

What are the main problems in China that can derail its economic growth - Essay Example The exports of China have reduced significantly in the recent years. In March 2012, the Chinese government declared that the Chinese economy and its gross domestic product (GDP) are expected to grow at a slower rate of around 7.5% during the year 2012. The slowdown in the rate of economic growth in China had an adverse impact on the overall condition of the global economy. This is so because China is responsible for around 20 percent of the total economic output of the world. Besides, many Asian countries are also highly dependent on the Chinese economy and its market conditions (Hart, 2012). It would be a daunting task for most of the multinational corporations engaged in the manufacturing industrial sector to register significant profits if the Chinese economic growth rate slows down. The Central Bank of China has already started taking steps through reduction in the interest rates to help the economic recovery process of China and boost the lending process in the country. This ste p was taken up by the Chinese Central Bank to protect the country’s economy from the adverse effect of ongoing financial crisis situation in the European nations. The eminent economists worldwide suggest that capital infusion would not be able to solve these growth issues of the Chinese economy in an effective manner. It is so because with the increase in funds being pumped into the economy by the Chinese government would ultimately lead to increased consumer costs and inflation. Previously it was projected that China would experience a robust economic growth in the future but there are many barriers in the path of the economic development of the country. Some of those barriers include bureaucracy, shortage in energy, reducing levels of export because of decreasing demand of Chinese manufactured products in some of the major markets like UK and USA, social unrest in the country, increase in aging Chinese population, and so on. According to a report published by BBC News in th e month of July 2012, China experienced a slowdown in its economic growth rate to around 7.6 percent. This study entails about discussing and analysing the various negative effects that certain economic factors are having on the Chinese economic growth at present and in the foreseeable future. China contributes significantly towards the overall growth of the world economy. Hence, unstable and unsustainable Chinese economy is having a significant impact in deterring the global economic condition. This study would try to shed light on some of the major problems faced by China which can be responsible for slowing down the economic growth rate of the nation in the forthcoming years. Five such major factors have been discussed in details in this study. They are : a) International trade and exports by China, b) Problems related to Chinese currency and the foreign exchange regulations prevalent in the country, c) Problems associated with the increasing aging population of the country, d) T he rising levels of income inequality within the country, and e) The present bad conditions of the Chinese banking industry. All these five reasons can hinder the path of economic development of China in a significant manner. The central idea of this study is

USA Drug Policy approach on Colombia and Afghanistan Essay

USA Drug Policy approach on Colombia and Afghanistan - Essay Example The first part of this paper will therefore focus on the US drug policy in Colombia and the second part of this paper will evaluate the US drug policy in Afghanistan. The final part of this paper will provide a comparative analysis of the US drug policy toward the two countries and will offer key findings and explain how these two different policies are designed to achieve the same goal, although influenced by different political considerations. As the paper declares the US Office of National Drug Control Policy reports that Colombia is the source of more than 90 percent of the cocaine that infiltrates the US. Likewise the US identifies Colombia as a significant source of heroin in the US. Liang-Fenton characterizes the US drug policy toward Colombia as one of â€Å"eradication, interdiction and extradition†. Eradication is aimed at the crop and invariably involves â€Å"aerial herbicide†. Interdiction involves interdicting the drugs either in the source country or en route to the US and requires cooperation with the security personnel of the source state. Extradition is motivated by eliminating and/or immobilizing drug traffickers on a state to state cooperation basis. The US response to a Colombian judge’s release from prison of Jorge Ochoa, a â€Å"notorious cocaine capo† in 1987 illustrates the point. The Colombian government’s jurisdiction over the judge was entirely limited. The US re sponded by criticizing and ridiculing Colombia and in addition subjected Colombian travelers and Colombian products to intensive checks by US Customs at entry ports into the US.

Communication in Banking Sector

Communication in Banking Sector Developing a proper communication strategy in a banking sector must be built in the context of the customers expectations. In the current time, banking organizations are no longer interested in developing better communication strategies that will serve their clients. This is because they obsessed with making money, and maximizing on their profitability. In view of this, most of this cooperation do not obtain their objectives because they are unable to attract new customers, and their normal customers run away from them, because of poor communication strategies. INTRODUCTION: During the current times, big organizations have a variety of employees who perform various jobs. The organizations employ marketing staffs, to market their services, and seek for clients. To increase their efficiency in communication, banking institutions employ company spokesmen to communicate their strategies and achievements to the stakeholders, to the government and to their shareholders (Bell and John, 23). Communication is an important element that determines the profitability and efficiency of a banking organization. A banking organization cannot attract and retain a wide customer base without initiating better and effective communication strategies. Despite these realities, banking organizations maintain poor communication strategies. One of the main reasons is their desire to maximize profits, at the expense of customer satisfaction. Trends in Communication Strategies: In 1998, Citi Group merged with Travelers, and this made them as one of the largest banking organizations in the world. The company formed CEEMEA, its subsidiary which was in charge of looking for market in Europe, Africa and Asia. The organization realized the importance of communication in a business set up. To improve their communication capabilities, the company made a series of reforms, and introduced high end communication strategies such as the integration of information technology in their business set up. The results were immediate; the profitability of the company increased by more than 100%, and the company won numerous enterprise awards, for their introduction of information technology in the banking industry. The company managed to outperform established multinational business organization such as Barclays Bank, and Standard Chartered Bank. Other banking organizations followed the example of CEEMEA, and introduced information technology in their banking system. In the case of CEEMEA, customers could access their financial details, through the internet. An individual had the capability of opening a new account with the banking organization (Mohan, 20). This made the organization to record an approximate number of two million banking accounts. This is the power of enacting proper communication channels in the banking industry. This is report outlining the effects of poor communication strategies in the banking sector. This report identifies the various needs of customers, and how the banking institution can satisfy these needs. This report identifies the strategies of competing banking organizations in relation to establishing proper communication channels, and thus creating customer satisfaction. It offers recommendations on better strategies, the business organization ought to implement. Effects of poor communication strategies and customers expectations: Banking cooperations will lose customers and fail to retain their existing ones if there communication strategies in inefficient and poor. This will most likely lead to reduced profitability, emanating from the reduction of their sales revenue. This will affect the objectivity of the banking corporation, and therefore give an edge to its competitors in the banking sector. Poor communication strategies will also affect the employees of the organization. For instance, withdrawing important information to the employees in regard to the objectives of the company, will make them loose focus, and concentrate on their desires at the expense of serving the customers. This will lead to poor and inefficient service, leading to loss of customers, and again reducing the profitability of the business organization. Poor communication with a corporation will result to a culture of rigidity, and therefore limit the innovative capacity of its employees (Bell and John, 33). The competition in the banking organization is fierce, and to survive in the market, it is important for the bank to encourage innovation. Lack of it, is recipe for poor performance, therefore giving an edge to its competitors. To encourage innovation, the banking organization must initiate proper channels of communication, and increase incentives to anybody who comes up with better business ideas. Customers expect so much from the banking corporation. One expectation of customers is honesty from the customer care staff, while giving information on certain services of the organization. For instance a customer might approach the customer care staff on the requirements of taking a loan, and how to repay the loan. It is essential for the customer care staff to act in a professional manner, and give out all the details concerning the issue at hand, and the expectations of the customer. By doing so, the customer care staff will help the banking organization to create a brand name, that depicts honesty and reliability. This is an essential element in attracting and retaining customers. Another expectation of a customer is a speedy flow of information. Customers might require certain information from the banking corporation, and to get the information, they need to contact the customer care staff. The employee might need to consult, and gather the information. This process should not take long. This is because it will create anxiety on the employee, depending on the issue at hand. There is also an issue of accessing their bank accounts. Customers require mobility in accessing their bank accounts. Their presence at the banking premises must not be essential, for them to access their banking account. They may need details of their transaction, or to check the balance in their accounts. The cooperation can device measures of ensuring that their customers can access their accounts through the internet or even their mobile phones. This will require a high degree of innovation. Solution to the Problem: One of the most effective methods of solving the communication problem within the organization is to adopt the concepts of open innovation. The cooperation needs to conduct a case study, and observe how successful banking cooperation such as Barclays Bank, Citi Group developed their communication strategies. The organization will thereafter adapt the strategies that are beneficial to them. For example integrating Information Technology in the organization is essential. This is a strategy that CEEMEA, a branch of Citi Group Cooperation enacted as part of its communication strategies (Mohan, 27). Another solution is to train its customer care staff on the better communication strategies. This is to impart on them the necessary skills required to interact with customers, and the various stake holders of the company. Customer care staffs have a responsibility to act as the public relations personnel of the banking cooperation. It is important to equip them with necessary skills of how to handle the various stake holders of the business organization, including the customers of the business (Bell and John, 31). The cooperation should create a proper communication channel, between the top management, and the junior staff. Managers of the organization should act as coaches and not administrator. This will enable them effectively communicate the objectives of the company, and will motivate the employees to work hard, so that they may help the organization to achieve its objectives. The Case of Barclays Bank: Barclays bank cooperation realizes the importance of effective communication in a banking industry. To disassociate itself from poor communication strategies, the organization has merged the marketing department with the communication department. This is because proper communication influences the degree in which a banking cooperation will achieve success in attracting and retaining customers. There is the department of internal and external communication. Internal communication has the responsibility of liaising with the marketing department to ensure the company says the right words concerning their achievements to the internal stakeholders of the company. This includes investors and various high skilled employees (Mohan, 49). The company has integrated Information Technology in its operations. Through information technology, the company is able to develop digital images of its services, therefore attracting new customers, and retaining the existent ones. The cooperation uses websites, and search engine optimizations, to make its presence felt. As a result of these measures, the organization has managed to retain its customer base, and attract new customers. Conclusion: In conclusion, the success of a banking cooperation depends on the superiority of its communication and marketing strategy. Without proper communication channels, the organization will struggle to market its services. In relation to this, it is essential for a banking organization to invest heavily in building proper communication infrastructure within its set up. The organization must re-design its goals, create a channel where junior employees will access their senior partners, and chat on the best ways of creating customer satisfaction. To create an effective communication infrastructure, the cooperation must move from its notion of profit maximization, to customer satisfaction. This will ensure that the staffs are innovative enough to come up with better ideas on how to further advance the objectives of the company. On this note, a company without better communication strategy is a company designed to fail in business.

I Was Not a Feminist :: Reflective Writing Education Essays

I Was Not a Feminist I am not a feminist.I do not go to feminist rallies, burn my bra (although I donà ­t always wear one), feel hatred towards men, nor do I spend countless hours with my sisters figuring out ways to tear gas abortion protestors or concocting tortuous plots to abolish the radical right.I am a libertarian who exercises her right to vote and always does her taxes.I read Adrienne Rich and Allen Ginsberg and Ayn Rand and James Joyce with equal fervor.I listen to Tori Amos and Dar Williams and Rush and Metallica.I do not listen to Ani DiFranco; I find her music à ¬too feminist.à ®I believe John Milton, a dead white male, changed the way western literature relates to philosophy and religion.Stupid male humor amuses me, and I am happy to cook and clean for my boyfriend because I know if I donà ­t, he will eat Wendyà ­s and his house will smell bad.I am a baseball fanatic, and love hockey and college basketball.Softball bores me, and womenà ­s basketball is not nearly as exciting as menà ­s.I enjoyed being the only woman at fraternity Super Bowl parties.I could never not eat red meat because I love the taste of a well-cooked cow.All of these things, I have been taught, do not qualify me as a feminist. So why do I feel now that these categorizations should not matter?Is it because now I sense all things I am, not the categorizations, are feminist methods of thinking and acting?Before I realized it, I was not only a feminist, but also exercising a feminist pedagogy when teaching writing.Teaching writing is a chance to help students recognize that they, too, can write intellectually about a topic they are interested in and be excited about it.As a social-expressivist tutor, I try to work in a non-directive way, engaging my students in open-ended conversations that lead them to answering their own questions and clarifying their own ideas.When I teach writing, Ià ­ve had students do everything from peer critique to creating movement from sentences to show them that everything is open to interpretation.I use Matisse to explain thesis.These practices in themselves are not necessarily feminist, but the theories behind them, for me, always have been. Bell hooks writes in Talking Back that à ¬feminist education ? the feminist classroom ? is and should be a place where there is a sense of

Tattoo Inform. Speech Outline

Title: Artistic Freedom of Speech l. Introduction A. Attention-getter: One in five U. S. adults now has a tattoo. Tattoos have been around for centuries and have different purposes all around the world. B. Significance: After my speech, the audience will have a better knowledge on why people get tattoos. C. Credibility: I have researched information based on this topic. D. Thesis Statement: To inform my audience on the reasons people get a tattoo and discuss some examples. E. Preview: A. Honor B. Religion C. Obsession II. Body A.The Samoan Islands have a long history of tattooing that dates back to encourages here the word tattoo is believed to have originated from. Hinduism tattooing and there is no prohibition. However, in Islam, tattoos are not only from being at peace with forbidden but they are believed to â€Å"prevent someone god. † 2. Some people get religious tattoos Just to snow ott their beliets. These people were not forced by their religion to get a tattoo. Some e xamples include: Christianity- crosses, bibles verses, rosary, or images of God or other religious figures. Judaism- Star of David or hebrew writing, Buddhist- buddhas or lotus flowers.Transition: We now know why people get tattoos for dedication or religious urposes. C. Finally, another reason why people get a tattoo is because of obsession. 1 . People will become so obsessed with someone or something, that they will go as far as to getting it tattooed on their skin. For example, someone obsessed with the zodiac might go get their zodiac symbol tattooed on them. Someone obsessed Michael Jackson, might get his face or song with a cartoon or celebrity such as lyrics tattooed on themselves. 2. Tattoos are also favored for making a fashion statement. Someone obsessed with permanent makeup.If you beauty might get cosmetic tattooing, also known as sing real tattoo ink. A lip tattoo make your lips look thicker. have faint eyebrows, you can get them filled in can add definition to the lip outline and your more. 3. Another form of obsession involving tattoos could be that once you get first tattoo, you want to go back to the tattoo shop and keep getting Transition: I have now informed you and on three reasons why people might get tattoos. As well as discuss some examples to help the audience understand. 1. 1. 1. 1. 1. 11†². Conclusion Many people get tattoos for different reasons.

Ethical codes and Critical thinking Essay

The issues involving Ethics vs Critical thinking has been a popular topic among researchers for many years. In depth analysis of Ethics vs Critical thinking can be an enriching experience. While it has been acknowledged that it has an important part to play in the development of man, its influence on western cinema has not been given proper recognition. Inevitably Ethics vs Critical thinking is often misunderstood by the easily lead, whom I can say no more about due to legal restrictions. Complex though it is I shall now attempt to provide an exaustive report on Ethics vs Critical thinking and its numerous ‘industries’. There is cultural and institutional interdependence between members of any community. When Thucictholous said ‘people only know one thing’ [1] he shead new light on Ethics vs Critical thinking, allowing man to take it by the hand and understand its momentum. More a melody to societies dysfunctions than a parody of the self, Ethics vs Critical thinking bravely illustrates what we are most afraid of, what we all know deep down in our hearts. Some analysts have been tempted to disregard Ethics vs Critical thinking. I haven’t. Clearly it promotes higher individualism and obeyence of instinct. As soon as a child meets Ethics vs Critical thinking they are changed. Increasingly economic growth and innovation are being attributed to Ethics vs Critical thinking. Of course, Ethics vs Critical thinking fits perfectly into the Lead-a-Duck-to-Water model. For those of you unfamiliar with this model it is derived from the Three-Amigos model but with greater emphasis on the outlying gross national product. When displayed this way it becomes very clear that Ethics vs Critical thinking is of great importance. My personal view is that the cost of living world wide are driven entirely by Ethics vs Critical thinking. Many analysts fear a subsequent depression. It is always enlightening to consider the words of the uncompromising Kuuipo H. Amster ‘Political  idealists must ideally deal, for I daily list my ideals politically.’ This quotation leads me to suspect that he was not unaccustomed to Ethics vs Critical thinking. It speaks volumes. If Ethics vs Critical thinking be the food of politics, play on. One thing’s certain. The Human species liberally desires Ethics vs Critical thinking, and what’s more human than politics? What can we conclude? Well, Ethics vs Critical thinking parades along man’s streets and man waves back. It enriches, ‘literally’ plants seeds for harvest, and always chips in.