Thursday, January 30, 2020
Difficulties disabling growth of market oriented system in China Essay Example for Free
Difficulties disabling growth of market oriented system in China Essay Difficulties disabling growth of market oriented system in China Introduction            The total achievements of the ongoing social economic reforms in china are very astounding, China from among the poorest nations up to 1976 when Mao Zedong died. Since then, the economy of china has grown rapidly to assume the second position of the biggest economy in the. The rapid growth of the china’s economy has brought sufficient resources to the government to further development and also has rescued million citizens from abject poverty. It is amazing to see the success and speed of the china miracle. The rapid development in china has attracted attentions worldwide in the recent years. The consequences of various aspects of the rise of china ,starting from its military muscles and expanding influence to its expanding energy supply demand, are be mostly debated within china and the international community. Thus it is crucial to correctly comprehend the achievement of china and its wide path toward higher development (Harry J Waters, 1997).            China has continuously faced many challenges to accomplish its performance in developing as in other developed states. Since 2001, commercial banks have been poorly allocating its funds disorderly. This has been a severe problem in china. The Chinese banking system has been a problem on the way has allocated funds.. The private business has relied on the informal finance for a long time. This has affected the success of the private sector. This situation is caused not only by banking system but also is due to capital market. The banks could have solved this challenge if it had lent out loans to the private sectors enterprises with a reasonable interest rate. The lack of reliable corporate credit information made it difficult for commercial banks to assess the risk of lending the loans (Wang, 1990).            The china government improved the legal environment, which occurred remarkably. China made changes to this legal system in accordance with the country’s accession. Even though, the law was so good in the country did not mean that market system was in phase. In fact, the banking system was deteriorating on the way was performing their duties. The senior executive specified some issues basing his argument on banking sector such as absence of regulations and rules on credit registry, the underdeveloped businesses liquidation law, the inability in criminal investigation for financial theft and irregularities(Rotberg, 2008). The PBC senior executive also launched the study project with association of World Bank and other monetary financial institutions (Wang, 1990). The main task was to propose a series of reforms to attain a new framework on the market system. The private sectors concerning the law on the banking system proceeded to the court with an aim to get loans from commercial banks with reasonable interest rates (Wang, 1990). This did not even succeed as planned by the complaints.            Nowadays when the commercial banks require enforcing their bill of rights to the collateral, they face many challenges. This occurs when they try to register some projects system, which they have to intervene with the court. The banks lack motivation of reconciliation therefore has to intervene with the court. They usually face trouble enforcing court decisions due to local government interference (Rotberg, 2008).            China has faced numerous challenges affecting the whole government and even the development of the country. In china, there has been fraud reports and corruption in banking sector. It is not of necessity whether financial frauds are on the increase or whether more crimes are reported and uncovered. There are three main challenges facing the banking system in China, which are high-technologically financial offences; the use of criminally obtained money to corrupt officials in order to run away punishment and to keep away from regulation, and funds crimes report with a more sophisticated means, global focus. The Chinese government is increasing institutional mechanisms for exposing and eradicating financial crime. This has been a prolonged challenge of fraud and corruption affecting the banking system in China (Wang, 1990).            The Chinese commercial banks’ strength to vie with foreign banks was posed in the context of three areas. These areas are in the domestic financial markets, in the open and developed domestic markets for future, and in world markets. Therefore, this is not easy for foreign banks to enter into the Chinese market. Banks involve in local currency where its mission does not move forward. This is much more expensive than simply opening branches (Rotberg, 2008). This affected the market oriented system negatively.            China indeed has achieved most of the objectives it set in 1978.it has improved significantly the well being of the citizens although it’s economic development has often been uneven and narrow. The last twenty seven years of growth and reforms has presented to the world the size of its, labour force, purchasing, creativity, commitment to development and the level of national cohesion. The contribution of china to the whole world as a way of growth will be ground breaking after mobilization of all of its resources. China has struggled with economic development mostly because of its population since a small challenge in its social development or economic when spread over a vast population become a huge problem. The most important strategic choice the government of china has made was to accept the economic globalization instead of separating itself from it .during 1970s the great signs of economic globalization and technological revolu tion was unfolding with huge momentum when Beijing held the trend and overturned the practices of Cultural Revolution (Kiichiro Fakasaku et al , 1999).            Based on the judgment of the development, the president of china alongside other great leaders in the government chose to take up the historic chance and shift the focus of their undertakings on the domestic development and hence tapping in to the international ones .they enforced the system of household contracting in the rural areas hence opening up fourteen coastal cities thus bringing in the economic period take off. Once again, china invoked a strategic because of the financial crisis that was rampant in. Asia and the continued struggles against globalization the decision of china to take part in economic globalization that it was facing was a great challenge .by clearly considering the advantages and the disadvantages related to economic openness and getting lessons from the history, the leaders in china decided to expanded china even more by deepening home economic reforms and world trade organization            The leadership of china has been striving to improve the relation with the whole world as their pursue their objective of rising in peace despite the downs and up the relationship of china and the united states for many years together with other dramatic alterations in the worldwide politics like the death of the soviet union. The leader in china has stuck to the fact that there are more good opportunities than problems for china in the international market today.            With respect to the strategic plans of china, it will take 45 years from today before it can be termed a modernized, medium level grown country. China will encounter several challenges before it get to 2050 mostly because of it’s over population, environmental pollution and lack of coordination among the two key factors of economic and social development. Another great challenge chain must encounter is clearly shown in series of tension that the government officials must deal with. The most common one are the gross domestic product growth and also social progress, between increasing job opportunities and upgrading technology, also the leaders are not sure whether to foster urbanization or expanding agricultural areas and others .to be able to solve all these dilemmas successfully, several properly coordinated policies are required to foster development which is more balanced and faster.            China is continuously losing its ample due to economic development and erosion that has swept the most top layer which is essential for crop production. The government of china is looking forward to add more energy creation capacity from other sources apart from oil and coal and is shifting their focus more on alternative energy development and nuclear sources. The major problem which are associated with setting up nuclear facilities and to maintain them .they are charged with the responsibility of putting heavy boundary the prevent radiation leakage which otherwise would cause terminal diseases such as cancer. Several other factors are converging to decelerate the growth and development .the debt overhang resulting from the stimulus program, slow recovery of the partners trading with china and industrial overcapacity. The economic growth in china has benefited eastern and the southern region more than the region. This has led north to inc reased disparity between south and north .the agricultural activity in has been left behind. Many farmers are struggling to make cater for their daily bread. Consequently this kind of imbalance has favored migration of workers to south china. It is struggling hard to fix this regional inequality (Shahid Yusuf, 2008). References Fukasaku, K., Mello, L. R., Organisation for Economic Co-operation and Development, Decentralisation, Intergovernmental Fiscal Relations and Macroeceonomic Governance. (1999). Fiscal decentralisation in emerging economies: Governance issues. Paris: OECD. Waters, H. J. (1997). Chinas economic development strategies for the 21st century. Westport, Conn: Quorum Books. Yusuf, S., Saich, T. (2008). China urbanizes: Consequences, strategies, and policies. Washington, D.C: World Bank. Dorn, J. A., Wang, X., UniversiteÌ de Fudan (Shanghai, Chine), Cato institute (Washington, D.C.). (1990). Economic reform in China: Problems and prospects. Chicago: University of Chicago press. Rotberg, R. I. (2008). China into Africa: Trade, aid, and influence. Washington, D.C: Brookings Institution Press. Source document
Tuesday, January 21, 2020
E-mail Essay -- Technology, Communication
Email is the most widely used communication tool within companies today. Email has been described as a curse and a blessing. Email reaches its recipients quickly and can be sent across the globe within seconds. Companies with multiple locations find this essential in communicating. Email can also reach a large number of individuals within a matter of keystrokes. Sending a mass email reaches many recipients with one consistent message. While there are many praises of email, its drawbacks must be considered as well. Email communication can financially impact an organization. Emails sent without a clear message can lead to misinterpretations which ultimately may cost the company money. Employees often complain of receiving up to and sometimes over 100 emails a day and often many do not pertain to them. For each email the employee must read to determine its value to them or spend time reading to perceive a clear message, it reduces the employee’s productivity. Managers and coworkers who use effective email techniques can increase communication accuracy, decrease frustration and increase productivity. BYRON, K. (2008). CARRYING TOO HEAVY A LOAD? THE COMMUNICATION AND MISCOMMUNICATION OF EMOTION BY EMAIL. Academy of Management Review, 33(2), 309-327. doi:10.5465/AMR.2008.31193163 This article provides a unique examination into how the emotion written in email affects its perception. Study results were measured on emails written with positive, negative and neutral emotions. Gender and relationship status were taken into account for this study. The conclusion results suggested that misinterpretations as a result of emotion written within email is inevitable and varies largely from the intended emotion of the sender and th... ...This article addresses the cost of email mistakes and the characteristics of an effective email. The charts provided not only indicate the cost of the mistakes but the hours lost in productivity. Accuracy, clarity, spelling, punctuation, grammar and conciseness were identified as characteristics of an effective email. While this article clearly identifies the cost of ineffective emails and the loss of productivity, it lacks solutions to improve efficient email writing. A source is referenced but lacks detail in study information. Studies within the literature researched support the thesis that the use of effective email techniques can increase communication accuracy, decrease frustration and increase productivity. Elements of a properly written email were identified. Training implementation and measurement proved to improve clarity and productivity.
Monday, January 13, 2020
Cognitive Dissonance in Marital Satisfaction Essay
Most people get married because they love their partner. They like the way they are with each other, honest, loving, understanding, fun, etc. Some are arranged marriage as they are unable to find the love of their life. However some get divorced as they are no longer compatible and they get turn off very easily. They are frustrated and bored. For those who want to continue to stay in an unhappy marriage due to many reasons such as the kids, their reputation, family, etc. as an alternative to divorce will ignore their feelings and convince themselves that the marriage is working well. They tend to adopt a cheerful attitude. They offered patience and understanding to make it appear as if the marriage was happy. Cognitive Dissonance is a feeling of discomfort caused by performing an action that is inconsistent with one’s belief (Franzoi, 2009, p.162). Basically it is a disagreement between one’s personal beliefs and one’s actions. It is the difference between how they would like to be and how they are. Cognitive dissonance is an aversive drive that causes people to (1) avoid opposing viewpoints, (2) seek reassurance after making a tough decision, and (3) change private beliefs to match public behavior when there is minimal justification for an action. Self-consistency, a sense of personal responsibility, or self-affirmation can explain dissonance reduction. (Socio-psychological tradition) (Festinger, as cited in Griffin, 2011) How can we observe â€Å"cognitive dissonance†in Marital Satisfaction? In Marital Satisfaction, we can observe cognitive dissonance in 3 different areas: Behavioural, Mental & Emotional. Behavioural Observation There will be marital stress. They wear ‘masks’ at home and they will feel exhausted as they struggle with their life. Their journey will be full with pain and grief. They pretend things are okay in their marriage when there is distance. They say nothing is wrong when their feelings are truly hurt. They don’t necessarily lie to their spouse; they just shade part of the truth. They don’t feel comfortable being their true self with their spouse because they are afraid of judgment or mockery. They will purchase self-help books, confessed their feelings to a marriage counsellor or friends that they can trust. They offer patience and understanding to the spouse to make it appear as if the marriage was happy. They will smile and put on a happy face especially in front of the children to avoid them from knowing but will let out their true feelings and cry it out at night. They will lay awake at night and try to rationalize things that they have done so that it is acceptable. Their physical health will be affected as they are facing with too much stress in their life. They too may run into problem as they seem to be lying to themselves. Even though cognitive dissonance can resolve internal anxiety, it can also reinforce future bad decisions or behaviours e.g. lying Mental Observation Their mind will be filled with thoughts of whether they are doing the right thing. They feel turned off with what they are doing. They could not be themselves and their anxiety in wanting to be themselves and do what they like to do increases. They have sleepless nights thinking the sacrifices that they have made to make others happy when they themselves are not happy.. The dissonance caused by such contradictions will also create an unpleasant mental tension, which can range from minor irritation to deep pain as long as it continues. They are unable to relax and feel comfortable until they have been able to eliminate the dissonance or at least reduce it considerably. They can use Self-justification to escape from the discomfort. This is also a major threat to marital satisfaction because both partners tend to justify their behaviour in a way that allows them to be right while either explicitly or implicitly making their partner wrong. Emotional Observation They will be unhappy or semi-happy. They are unwilling to admit their frustration, acknowledge their crumbling marriage and obtain a divorce due to their culture, religion or the children. They constantly experienced a lingering feeling of doubt about the relationship. With that, they attempt to change their opinions to coincide with the behaviour they felt was expected of them and adopted a cheerful attitude towards their marriage to convince themselves that the marriage is working well. On the other hand, this can also make them become stronger in facing any challenges in their life. If they are optimistic, they will make the best of the marriage as the decision is in their hands. They are not able to be the person that they are but who they are might not be the best person. Cognitive dissonance can also reinforce future good decisions or behaviours e.g. more understanding, patient, increase communication between spouse, etc. Conclusion Successful marriage is not about getting their partner to do what they want; it’s about being who they are. This aspect of cognitive dissonance isn’t bad; it can act as a motivation to be true to their deepest values, by making them behave in more loving and compassionate ways. It can help them change the unhealthy attitudes and behaviours. However, cognitive dissonance is most painful to people when some significant part of their beliefs about themselves is threatened. This usually occurs when they have done something that is inconsistent with their image of themselves. If a person has a fairly positive self-concept, believing herself reasonably smart, competent, and moral, she will use self-justification as a way to preserve her positive self-image.
Sunday, January 5, 2020
The Leadership Style Of The And Mentally Retarded After...
I worked a variety of jobs revolving around children and the mentally retarded after graduating high school with no clear idea of what I wanted to do long term and never considering a health care profession. In a way I might say it happened by accident. I moved to a new city and found a job through a staffing agency as a receptionist in an orthopedic surgeon’s office and this is when I found my calling. I truly enjoyed working with patients and made the decision to go back to school at the age of 25. Approximately a year later I began my education in Radiologic Technology and there I was exposed to Radiation Oncology. I was drawn to Radiation Oncology due to my passion for patient care and knew I could make a difference in the lives I touched. I have always described my leadership style as situational. It’s hard to define a dominate style. I would say I identify with the affiliative style. However I can also relate to servant leadership style. It has some simi lar attributes as the situational leadership style such as adapting to fit the situation. At one point in my career I worked for a large corporation experiencing constant change in addition to annual reduction in forces. This lead to staff constantly be in fear of losing their jobs and morale was low. I assessed the market workflows and make the necessitated changes. I was fortunate to have two mentors that stand out in my career specifically in my first management role. One a Regional Director and theShow MoreRelatedHistory of Social Work18530 Words  | 75 Pagesby understanding contributions of pioneers of Social Work Understanding William Beveridge Contribution that shaped global welfare policies Understanding the historical development of various fields of social work –Medical Psychiatric Social Work, School/Correctional Social Work etc Understanding the evolution of Social Welfare in India, largest democratic welfare state in the world 4 S.Rengasamy-History of Social Welfare / Social Work Understanding History through Historical Phases Read MoreStatement of Purpose23848 Words  | 96 Pages(Clinical--research)............................................................................................ 14 Psychology (cross-cultural) .................................................................................................. 16 Psychology (School) ............................................................................................................. 18 Social Work ........................................................................................................................Read MoreHuman Resources Management150900 Words  | 604 PagesCHAPTER 1 Changing Nature of Human Resource Management After you have read this chapter, you should be able to: ââ€" Identify four major HR challenges currently facing organizations and managers. List and define each of the seven major categories of HR activities. Identify the three different roles of HR management. Discuss the three dimensions associated with HR management as a strategic business contributor. Explain why HR professionals and operating managers must view HR management as an
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