Why Family Is Important For Success - 1282 Words

Many people have grown up to be successful individuals with happy, elegant lives. Others grow to not have the luxuries but they still consider themselves successful because they are morally straight. Everyone’s definition of success is different, but through the various definitions of success, all successful people became that way because of their families. The reasons why family is directly related with success in later life is: family can push you to do things you would not do on your own. Family will always be there for you, and family prepares you to care for others. The first reason family is related to success is because family can push one to do things one might not always do willingly. For example, in Amy Chua’s Why Chinese Mothers Are Superior, Chua shares some of her experiences raising her two daughters to be successful, professional adults. One idea Chua lives by is as follows, â€Å"...nothing is fun until you’re good at it. To get good at anything you have to work, and children on their own never want to work, which is why it is crucial to override their preferences.† What Chua is saying here is that if a child is allowed to have his own way, he would never work towards anything remotely hard. This is why family must be there to help him succeed. Another example of family fostering success in people is in Mark Mathabane’s autobiography, Kaffir Boy. Johannes (now named Mark) was one of few black children lucky enough to be able to go to school in Apartheid SouthShow MoreRelatedCulture Essay1357 Words   |  6 Pages Interview: 1.Your definition of culture? Answer: Beliefs, customs and arts of a particular society. 2.How do you define family? Answer: Family is people who you care about and would do anything for. 3. Who holds the most â€Å"status† in your family? Why? Answer: My dad; he is the main person that receives income. 4. How do you define success? Answer: Success is a moment where you have completed your goal. 5. Do you consider your parents to be successful? Answer: I believe they are extremelyRead MoreOvercoming Marginalization1408 Words   |  6 PagesOvercoming Marginalization THIS IS IMPORTANT: LOOK CAREFULLY AT WHAT YOU HAVE. ASK YOURSELF IF THERE IS ANY REPETITION? DO YOU FEEL THAT YOU ARE LOOKING AT THE SAME IDEA MORE THAN ONCE? HERE IS A SUGGESTION: YOU WRITE ABOUT SOCIAL POWER. IN BAMBARA, WHAT MIGHT SYLVIA DO WITH SOCIAL POWER? WHAT COULD SHE CHANGE IF SHE HAD IT—AND WHY? COULD SYLVIA MAYBE BECOME AS POWERFUL AS HAROLD BROWNING—OR MORE POWERFUL? Success in America usually depends on family background, family income and other factors.　RaceRead MoreArranged Marriage : The Union Between Two People For Better And Worse1724 Words   |  7 Pagesmarriage is defined as, a traditional marriage that is arranged by the families of the bride and groom where both of them give their consent to be married. This type of marriage is quite common in Muslim communities, royal families (Diplomatic Marriages) and some countries like India, Pakistan, Japan, Korea, China and Israel (By New World Encyclopedia). Arranged marriages are preferred in many cultures because they are an important tradition and custom that carried over the years. Arranged marriagesRead MoreFamily Structure Affects Students Academic Life878 Words   |  4 PagesFamily structure affects students’ academic Life Colleen Wenke, a graduate from Boston College, wrote an essay â€Å"Too Much Pressure†. In the essay Wenke states that the pressure of cheating in school was difficult to overcome because everyone was doing it. She also gives different examples in her essay to illustrate how overcoming cheating was difficult for some students in the 1990s. Cheating can increase by the lack of morality in school and family, family stress on children, and anxiety of failureRead MoreEssay Motivation behind Choosing a Career Direction1384 Words   |  6 Pagesoccur overnight, it requires time. People have planned out their career path since the beginning. To them it is really important because it determines the career they would like to pursue later in life. In that respect, is consistently a question that comes up when selecting a career tasks. For example, what ways do individuals backgrounds play a part in their career decisions? Or why standards and values are set forth on individuals choos ing a certain career. Therefore, individuals begin to changeRead MoreMy Reflection Of Happiness In Life1381 Words   |  6 PagesIn my perspective Happiness is a positive emotion and feeling you may have but at times I ask myself â€Å"why isnt emotion included in the five senses?†. Happiness is a main item people need in order to be stable, happy, and to have a good life. The main question that many people ask themselves is â€Å"how can we chase or pursue happiness in life?† Happiness isnt something that comes falling down from the sky, or that we see lying around on the ground†¦ Its something we earn with hard work and dedicationRead MoreReport from Interview1062 Words   |  5 Pagesbalancing work and family. While work is important in ensuring employees meet their family needs, it has become increasing important for senior executives to try to strike a balance between the two (Masuda Chinchilla, 2010). Ability to ensure both sides are well catered for req uires careful examination of ones conduct and building a clear time frame. Success may be achieved at workplace through putting more efforts and time. This means less time and personal touch with family members, which mayRead MoreShort Note On Success And Success1100 Words   |  5 PagesSuccess is considered to be a term that describes two things. The first one is achievement of a certain major or minor goal. This could be succeeding in making a delicious dinner, or a more global thing succeeding in a career or job. The second definition of success is more broad and subjective. Most people define succession in life as wealth, a brilliant career, achievement of family/relationship goals etc. Some may find that success comes along with fame and big amounts of money. However, we seeRead MoreAsian Americans Academic Success1728 Words   |  7 Pages School Attendance and Family Expectations Among Asian Americans Race, gender and education are status determinants in today’s society. Asian Americans’ academic success comes from a combination of helpful parents, a motivation to succeed, a supportive academic space, a supportive community and economic resources. In this paper, I will argue that Asian Americans attend college due to their cultural roots and familial expectations. Along the way to success are some hardships like stereotypes, genderRead MoreThe Action Research Cycle Analysis Will Facilitate A Process Of Dialectic Examination1249 Words   |  5 Pages Whilst some families require early care, due to returning to the workforce, some choose nursery attendance as a means of socialisation and stimulation (Gentlemen, 2010). Increasingly evidence suggests that some families see nursery as the stepping stone to school and thus a head start educationally (Gentlemen, 2010). Conclusions from the open forum, recognises that families within my setting valued the educational aspect of early years. Further investigation found that families felt that personal

The Natural Beauty And The Power Of The Sea - 3474 Words

J.M.W. Turner is arguably one of the greatest artists that ever lived having played a huge role in the arts and painting industry. Turner’s innovative painting techniques have seen his works focus a lot on the scientific and technological advances made during the times he lived. It was his perspectives in painting that made him as outstanding among other painters of his time. For instance, one aspect that uniquely identified Turner’s works included the exceptional use of color and the presentation of more abstract paintings in his works. This led to many people claiming that J.M.W. Turner as the pioneer of the modern day landscape painting. This paper will examine a comprehensive analysis of how the natural beauty and the power of the sea†¦show more content†¦The two powerful natural forces of nature played a great role in the event, for instance the sun and the waves. Such a painting ensures that the viewer of the painting the emotion, mood, and theme as inten ded by the artist (Daniels, 2000). 2.0 Light and Color Use by J.M.W Turner Most of the painting works done by Turner such as Staffa, Fingal’s Cave, Waves breaking Against the Wind, Blue Sea, and Distant Ship among others, have shown one thing in common; that is the use of color and light. Turner use of light and color was able to provide a new and dramatic that the audiences and other artists within this time significantly appreciated. Most of the colors predominantly used by Turner include orange, blue, and yellow colors. The seas and water masses used the blue colors while the red symbolized a fire or even a catastrophic occurrence in the sea. According to Costello Turner (2012), the use of this, colors has been warm yet they showed a great sense of fear as well as pandemonium. The Romantic era was inclined towards the use of these colors based on the ways they showed emotions and the hues of nature. In most of Tuner’s paintings, the use of pure colors was common as they were able to capture the true essence of the mood of the painting. For instance, Turner’s painting, The Slave Ship (1840) has embraced the use of vibrant colors in the ocean with each color portraying its different

Roger Chillingworth Character Analysis free essay sample

Roger Chillingworth Character Analysis BY MikeDMoon In Nathaniel Hawthornes novel The Scarlet Letter, the character of Roger Chillingworth was transformed from a well educated scholar into a fallen, unrighteous man. Roger Chillingworth was once kind, then becomes the symbol of vengeance, and finally becomes the personification of vengeance to the extent of losing his humanity. Roger Chillingworth (Prynne), a kind, but never warm hearted man, was not always a vengeful and diabolical creature, but once he lusted after the idea of love and kindness. During The Interview with Hester, he admits his fault of trying for love: It was my folly! I have said it. But up to that epoch of my life, I had lived in vain. The world had been so cheerless! My heart was a habitation large enough for many guests, but lonely and chill, and without a household fire. I longed to kindle one! It seemed not so wild a dream And so, Hester, I drew thee into my heart, into its innermost chamber, and sought to warm thee by the warmth in which thy presence made there! (69). We will write a custom essay sample on Roger Chillingworth Character Analysis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Chillingworths compassion and desire for love and good, over the ruel and evil atmosphere he later develops, reveals that he was not always wandering down the road of revenge, but was a man of virtue. His spiraling fall into malice and morally self destructive actions only occur after he sets himself down the road to find the other person who wronged him, the man who shares his wifes sin, and take vengeance upon him. Roger continues his personal decline by betraying his human nature and turning to a more demonic nature. The physician advanced directly in front of his patient, aid his hand upon his bosom, and thrust aside the vestment that, hitherto, had always covered it even from the professional eye .Had a man seen old Roger Chillingworth, at that moment of his ecstasy, he would have had no need to ask how Satan comports himself when a precious human soul is lost to heaven, and won into his kingdom. (127). Chillingworths demonic action of tormenting Arthur Dimmesdale shows the dec line of his human nature, for no man would put such misery upon another. Though the change in his nature, much like his moral decline, only arise hen he sets himself down the road leading to revenge. He has found the man who wronged him, he can and has taken actions against him. The only comfort that Chillingworth can find for his misery is the misery of others. Lastly, Roger Chillingworth was no longer a man of his own being, but a man possesed by the demon of revenge that he created in himself, who supplied him with all he needed to get the revenge he longed for. .. in the demeanor of the old man known as Roger Chillingworth. All his strength and energy -all his vital and ntellectual force- seemed at once to desert him; insomuch that he positively withered up, shrivelled away, and almost vanished from mortal sight, like an uprooted weed that lies in the sun. (236). All that Chillingworth had become was the demon of revenge, and once that his revenge was taken from him, once his victim escaped his reach, he had ceased to have his former drive. The very reason Chillingworth transformed so greatly was quickly leaving him, and in its leaving his demon of revenge left him and in doing so took all that was once possessed by Roger In the end, Roger Chillingworth shows that any man, whether of high or low standings, can fall into Satans grasp, but it must be through his choice. this unhappy man had made the very principle of his life to consist in the pursuit and systematic exercise of revenge. (236). He proves that any ambition to do harm to another leads to declined morality and a demonic nature. Mr. Roger Chillingworth, once a kind, but never warm hearted man, becomes the very example for every mans ability to decline from grace.

Power Struggles In Society Essays (1801 words) -

Power Struggles in Society Mills, Schudson, and Gitlin show different approaches to society and the role of mass media. Each approach helps illustrate a different focus on society. They each hold special relevance in a discussion of the history of societal beliefs. The Mass Society refers to the overall belief C. Wright Mills held in relation to the type of society he believed we live in. Mills began The Power Elite with a bold statement saying, "The powers of ordinary men are circumscribed by the everyday words in which they live, yet even in these rounds of job, family, and neighborhood they often seem driven by forces they can neither understand nor govern" (Mills, 1956, p.3). This opening sentence helps describe the attitude and beliefs of the entire book. A "power elite" exists in a society that is made up of three spheres. They are divided into economy, political, and military, with the same group of people interchanging between the three. This large group of elite is at the top making all the decisions, while the masses are at the bottom, unaware of the process that molds public opinion. Masses within this view of society are irrelevant and do not have any type of influence. The media functions as an entertainment source, keeping the masses entertained while the elite is taking care of all the important matters. It helps keep the reality and truth of the world obscured from the masses. Mills explained what the media does for the masses as "they distract him and obscure his chance to understand himself or his world, by fastening his attention upon artificial frenzies that are revolved within the program framework, usually by violent action or by what is called humor" (Mills, p.315). This helps illuminate how the mass media guides, tries to control, and manipulates the masses. Mills describes the effect of mass media as "a sort of psychological illiteracy" to the extent that we "often do not believe what we see before us until we read about it in the paper or hear about it on the radio" (Mills, p.311). The masses "standards of credulity, standards of reality, tend to be set by these media rather than by 'the masses' own fragmentary experience" (Mills p.311 ). Mass media's role helps prevent the questioning of the elite. "Families and churches and schools adapt to modern life; governments and armies and corporations shape it; and, as they do so, they turn these lesser institutions into means for their ends" (Mills, p.6). The family into which someone was born or marries into helps improve or decrease their social status. The school where one is educated or the church where one worships also plays a major role in the social standing. Schools teach skills to the masses that enable them to function in society. Institutions shape life and the masses adapt to what institutions create. The masses in the theory are very disorganized and not connected to others. An excellent way to describe to masses can be shown by watching The Twilight Zone movie. It is a state of total confusion for everyone, with each doing their own thing. The elite enjoy the state of confusion with the masses, because they are able to control the major decisions that must be made. They determine the policies and the people enlist in them. In the mass society, the elite control the policies and ways of thinking for the confused masses. Schudson approaches the nature of society in a much different way, through the idea of the democratic society. In Discovering the News, he discussed "an even distribution of income" and described the 1800's as "more people acquired wealth and political power 'bringing' with them a zeal for equal opportunity that led to the expansion of public education" (Schudson, 1978, p.44). When looking at society as a whole, you have them socially, economically, and politically integrated. "Economic development was promoted and shared by many rather than few" (Schudson, p.45). The press does not cause, but picks up elements, reflects, and builds from a democratic society. "The democratization of economic life brought with it attitudes that stressed economic gain to the exclusion of social aims; business practice more regularly began to reward strictly economic ties over

Currency Wars in China

Currency Wars in China Background The design of the international monetary system at Bretton Woods involved the management of exchange rates by only the International Monetary Fund (IMF). Changes to this system were only permitted in the event that a nation was found to exhibit both internal and external imbalance in its exchange rate.Advertising We will write a custom report sample on Currency Wars in China specifically for you for only $16.05 $11/page Learn More The approval of these changes by the IMF was dependent on the nature of the reserve stock, whereby a fall in reserves beyond a set threshold resulted in devaluing or efforts to restrain demand. Additionally, the United States was responsible for maintenance of the gold convertibility of the dollar in return for its reserve purpose. One of the reasons for devaluation of the dollar against gold was the regulation by the IMF, which prevented other nations from matching it. However, in 1971, the Bretton Woods monetary system crumpled since the US was unable to sustain the gold convertibility. Subsequently, the primary powers in the 1970s began to float their currencies, though developing markets failed to cut their ties to the dollar. The IMF proposed that any exchange rate regime was allowed with the exception of pegging to gold, though no country followed these rules.1 Following the changes in monetary systems, the US proposed that countries floating their currencies ought to examine the interests of the nation whose currency they planned to use when intervening, though the currencies to which this process was applicable was not established. Nevertheless, the countries that established their own currencies viewed their pegging value as a sovereign decision that did not require the intervention of external parties, including the issuers of their reserve currencies. This independence made the countries overlook the need to conduct regular revaluations in order to identify with the Balassa-Samuelsonâ₠¬â„¢s deductions that rapidly growing nations need to increase their real exchange rates as a control measure to undervaluation from developing. Consequently, the exchange rates of fast growing economies became undervalued.2Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Analysis of Exchange Rates The past few decades have witnessed a free-for-all exchange rate environment. During this time, the dollar has become a preferred currency owing to concerns regarding the European sovereign debt. Table 1 (in the appendix) reflects an easing of the dollar floating currencies following the re-evaluation of the vigor of the US recovery, as well as prospects arising from the expectation of new US monetary. The table indicates the calculated Fundamental equilibrium exchange rate (FEER) based on levels of real effective exchange rate indexes for 30 countries collected from the IMF’s W orld Economic Outlook (WEO) early 2000. The table also shows the changes needed to reach equilibrium for both May and October of the same year, following a constant FEER. The symbols in the final column are based on assumptions made for currencies that are undervalued (U), overvalued (O), or within 2.5% of equilibrium (E).3 From the table, it can be deduced that the United States is fast approaching equilibrium following the 5% reduction in the devaluation number obtained in May. China, on the other hand, has drifted further from equilibrium owing to its ballyhooed appreciation against the dollar since its ‘flexiblization’ in June, which has failed to compensate its depreciation against many other currencies. Other undervalued currencies in East Asian economies such as Malaysia, Taiwan, and Hong Kong have not changed between the quarters. A few currencies have been overvalued, such as the euro, yen, South African Rand, and Australian dollar, with some of these increasin g their overvaluation, such as the latter two. The exchange rate interventions pursued by different economies can be regarded as either antisocial or warranted. For instance, the efforts made by a nation to curb appreciation as a remedy for undervaluation of its currency can be considered as unjustifiable. Conversely, if that nation was overvalued relative to its FEER, then the same intervention would be regarded as fair and justified according to the cooperative international behavior.4 Table 2: country categorization by currency under or over valuation in October 2010 and exchange rate intervention in recent months Advertising We will write a custom report sample on Currency Wars in China specifically for you for only $16.05 $11/page Learn More Table 2, above, categorizes the countries in table 1 based on their exchange rate intervention. The groups include purchase of foreign currency to prevent appreciation, lack of intervention, and sale of foreign exc hange to prevent depreciation. Further classifications are made based on the countries’ exchange rate position relative to the FEER target. These are undervaluation, approximate equilibrium and overvaluation, as identified in the final column of table 1. Based on the data, it is evident that no country intervened to curb depreciation by selling its reserves, though most of them took measures to avert appreciation. Most of these intervention measures were made with the view to reducing international balances, such as interventions made by overvalued countries. However, the nations with undervalued currencies intervened in a vicious manner that is likely to increase the distortion in international imbalances, such as China. The economies that were close to their FEER value, such as Korea, also applied interventions to inhibit further appreciation, though this was not done in consideration of the international economy. There are a few countries that did not conduct any market in terventions; those in the 2nd row of table 2. These countries, including New Zealand and Canada, were overvalued.5 Data in table 2 is an indication of the numerous countries seeking interventions as a way to keep the exchange rate from moving further away from a level that is appropriate for external balance, with the exception of countries in the first row and column. Cline and Williamson note that is imprudent criticize countries for their interventions in an effort to stop inflation regardless of the condition of their economy. Most of the overvalued economies lie in the floating emerging-markets category, and they should not be criticized for preventing further appreciation. It is necessary for these developing countries to prevent the appreciation of the currencies, despite having sufficient reserves, in order to safeguard their export sector.6 Relevance of macroeconomic policies for equilibrium James Meade proposed the Meadean Theory in early 1950s. According to this theory, e very country’s macroeconomic policies are aimed at attaining internal balance (IB) and external balance (EB). The definition of these terms changed over the years, with that of IB transforming from the notion of an optimum level of employment output, to encompass inflation as well. In this regard, it was settled that IB referred to the level of unemployment at the natural rate, or the level of demand imposed by a Taylor Rule. EB, on the other hand, was considered as the constant level of reserves, owing to equilibrium between current account balance and exogenous flow of capital.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This assumption was changed by the identification of a variable, rate of interest, which was common to both flow of capital and current account balance. The definition of EB was also changed due to the awareness that the policy objective may be influenced to raise the reserve level for either self-insurance or as an indication of development. Since both industrial and developing countries can borrow or lend unlimited amounts, it is required that a country limits its current account deficits to a maximum of 4% of its GDP. The Meadean Theory was useful in establishing the IB and EB targets based on the control of exchange rates and the fiscal-monetary policy using expenditure-changing and expenditure-switching policies. The latter involves maintaining the level of demand and satisfying the need using products from another economy, which is influenced by exchange rates. Expenditure changing policies, on the other hand, influence total spending regardless of where it is spent, and are d ependent on fiscal and monetary policies, as well as the level of credit expansion. The theory holds that proper management of these policies should place an economy close to both IB and EB. As such, a country can be placed in one of four zones of disequilibrium as illustrated in figure 1 below. Figure 1: the four zones of disequilibrium The implication of the zone in which a country falls in is tabulated below. Action zone I Devalue Can either expand or contract demand zone II Can devalue, revalue or neither Should expand demand zone III Needs to revalue zone IV Can either devalue (to approach EB) or revalue (to approach IB) Should contract demand The left side of IB is characterized by a shortage of demand, which is characteristic of industrial countries like the US. In addition, these countries face challenges in increasing their fiscal due to the bond market. As such, they increase their monetary expansion. However, the exchange rates of most developed countrie s are close to equilibrium with overvaluations arising due to undervaluing of China. Australia and New Zealand do not fall in this category, and are instead placed to the right and above B on the IB curve in a similar manner to emerging market economies, which have strong demand and supply struggles, making them overvalued. These developing countries are overly reliant on the export sector to boost growth. The third group comprises developing countries like China that have profoundly controlled exchange rates. These economies are undervalued and have high levels of demand. Hence, they fall on the IB curve (towards the right due to excess demand), on the border between zones II and III.7 The situation with China The Chinese exchange rate policy has been put under question for the country’s involvement in currency manipulation through the investment of 50% of its GDP in currency reserves.8 The protectionist policy adopted by the Chinese government allows the country to subsidiz e production of its exports and import substitutes. The implications of this system on global trade are enormous mainly because China is the biggest exporter in the World. The account deficit in the United States is partly due to the large Chinese surplus. The Chinese currency policies have influenced those of other economies since high-income nations, such as Japan, Germany and the US, cannot make good use of the extra earnings in the developing countries. For such high-income nations to exhibit rational household sectors and fiscal discipline, they need to increase their investments and establish a current account surplus. Since some of these economies are already in the practice of continued savings surplus, it is possible to return to stable growth in the world economy by jointly establishing a substantial current account. The macroeconomic challenges posed by China are due to its dynamic and solvent nature as a developing economy. Additionally, China is well capable of changing the current surplus towards deficit by $300bn a year, with insignificant risk.9 Figure 2: charts showing China’s exchange rates, current account, trade and foreign exchange reserves from 2000 to 2010.10 Resolving the situation and returning the balance of the world economy requires China to take up various measures including modifications of the Chinese nominal exchange rate. Such a strategy would involve an increment in inflation that would adjust relative prices. However, inflation would also increase domestic changing with respect to relative output. As such, adjustments to the exchange rate should be complemented with the inclusion of a â€Å"cap on the intervention to stop sterilization of the monetary consequences and targets for real domestic demand, household consumption and the current account†.11 Such structural adjustments to the Chinese economy would be in order, so as to prevent escalation of exchange rates that would destroy the export industry, as well as to evade the trap posed by belligerent credit extension to enhance domestic spending relative to output.12 While there appears to be a solution, the problem lies in that China is the one with the responsibility of modifying its policies. As such, experts suggest that the Group of 20 leading (G-20) countries should join forces in persuading China to enact these changes. In the event of complete failure of such efforts, there are other alternatives such as surcharging imports or capital account reciprocity. The latter involves the concerned nations inhibiting other â€Å"countries from purchasing their financial instruments, unless these countries provided reciprocal access to their financial markets†.13 However, this attack on trade is both a brutal strategy that involves discriminatory attacks on all imports, and a violation of the rules of the World Trade Organization (WTO), just to influence the Chinese. Hence, the proposal by the US for intervention in capital markets is observed as the better approach. This would involve the persuasion of Chinese to stop purchasing the liabilities of other countries provided it ensures tight regulations on capital inflows as a direct and proportionate way to open the market.14 Conclusion As discussed in the case for China, the modification of policies holds the solution to creating both internal and external balance. The implications of adjusting policies for the 30 countries are shown in table 3 in the appendix. Since China falls on the IB curve, it should combine revaluation with stimulation of domestic policies. This would involve enhancing social security and public pensions, while redirecting demand from capital-intensive manufacture to labor-intensive services to reduce private and public saving, and increase domestic employment, and subsequent demand, respectively. Some individuals are weary that a termination of Chinese purchases of US government bonds would crumble the latter, though experts suggest tha t the global private sector has the financial muscle to fill the void, and the position held by the dollar make this scenario highly improbable. In addition, a weaker dollar could yield a positive outcome.15 Economists suggest that a solution to the currency wars should reveal a world economy where the most dynamic economy is not the largest capital exporter. Considering that China has insured itself to a high level, it should adopt policies that transform its economy to a net importer in order to benefit both its citizens and the world. Bibliography Cline, R. William, and John Williamson. Policy Brief: Currency wars. Peterson Institute for International Economics, 2010: 1-11. Eichengreen, Barry. Currency War or International Policy Coordination? Berkeley: University of California, 2013. Eichengreen, Barry. Reshaping Tomorrow: Is South Asia Ready for the Big Leap? Managing Capital Inflows, (2011): 202-236. Gagnon, Joseph, Mathew Raskin, Julie Remache, and Brian Sack. The Financial M arket Effects of the Federal Reserves Large-Scale Asset Purchases. International Journal of Central Banking, 7 (2011): 3-43. Wolf, Martin. How to fight the currency wars with stubborn China. Financial Times, (2010): 1-2. Footnotes 1 Joseph Gagnon, Mathew Raskin, Julie Remache, and Brian Sack. The Financial Market Effects of the Federal Reserves Large-Scale Asset Purchases. International Journal of Central Banking, 7 (2011): 6. 2 Ibid. 10 3 William, Cline R. and John Williamson. Policy Brief: Currency wars. Peterson Institute for International Economics, (2010): 2. 4 Barry, Eichengreen. Currency War or International Policy Coordination? (Berkeley: University of California, 2013). 5 William, Cline R. and John Williamson. Peterson Institute for International Economics, (2010): 3 6 Ibid. 5 7 William, Cline R. and John Williamson. Peterson Institute for International Economics, (2010): 7 8 Martin, Wolf. How to fight the currency wars with stubborn China. Financial Times, (2010): 1. 9 Ibi d. 1 10 Ibid. 2 11 Ibid. 2 12 Eichengreen, Barry. Reshaping Tomorrow: Is South Asia Ready for the Big Leap? Managing Capital Inflows , (2011): 203 13 Martin, Wolf. Financial Times, (2010): 2. 14 Eichengreen, Barry. Managing Capital Inflows, (2011): 214. 15 Martin, Wolf. Financial Times, (2010): 2.

Challenges Facing the East Asia Region Essay Example | Topics and Well Written Essays - 1250 words

Challenges Facing the East Asia Region - Essay Example Challenges Facing the East Asia Region a) Competing interests of China and Japan The polities, economies and the populations of East Asia are all dependent on the competing strategic interests of China and Japan, which pose a challenge to individual states within the region (IISS, 2014). This challenge has been aggravated by the security factors as well as the competition for territories amongst the two superpowers in the region such as the control over certain islands and parts of the sea (Feigenbaum, 2015). For example, Japan has made attempts at being the major player in the region in terms of security and the management of contested regions such as the Senkaku/Diaoyu Islands and the South China Sea. Moreover, the perceived closeness to the United States as is the case of Japan as opposed to China has further brought challenges in the determination of the geopolitical positioning of nations in the East Asia region. The above point implies that that the assertive reaction of China to the regional security of the East Asia region coupled with Japan’s nationalism in foreign policy has had an enduring effect on the neighboring nations, hence worsening the situation in region. For example, the Philippines and Vietnam as other players in the East Asia region have sided with Japan in the handling of the territorial issues with regard to the contested islands and sea territories. Apart from the above two dominant players, the major players in this region that derive their influence from them are North Korea and South Korea.

Strategic Audit on T-Mobile Assignment Example | Topics and Well Written Essays - 1750 words

Strategic Audit on T-Mobile - Assignment Example It gives its services using CDMA technique using the latest technology of 4G LTE. On 26th March 2013, T-Mobile came up with the un-carrier value proposition by introducing a simple concept of easy choice service and provided the customers with low price for all the popular devices in US. From April the company started selling iPhone at all the stores owned by the company along with the easy choice plan. The company by the end of first quarter of 2013 had around 34 million customers, with a total increase of 579,000 customers compared to the fourth quarter of 2012. The adjusted EBITDA for the company was $1.2 billion showing an increase of 12.4% from the last quarter of 2012 (T-Mobile, 2009). The Companies mission statement is to become world’s highest rated service providing company. With reference to the mission statement the main objective of the company is to satisfy customer needs and give the best service to the customers across the world. Because of this the company provides variety of innovative and user friendly products and services. Everywhere in the world the consumers can tally on the release of our three corporate values – reliability, simplicity and inspiration. It creates the inspiration by giving innovative services that fulfill the daily life goal of the customers. Apart from concentrating over the customers the company also takes part in various activities for the betterment of the society as a CSR activity (T-Mobile, 2014). The financial and strategic objectives of the company revolve around the single objective of having a continuous growth in the company’s revenue and also increase the sales volume by providing the best value added service to the customers. T-Mobile US Inc has shown higher growth rate than its biggest competitor AT&T Inc for the last two quarters in 2013 which shook the whole of US market. From March 2013, T-Mobile has