Wednesday, November 27, 2019
The GDP of Japan â⬠emerging economy
The GDP of Japan ââ¬â emerging economy Introduction Gross Domestic Product, commonly abbreviated as GDP, is used as the measure of economic growth and development for national economies. It is also called the Gross National Income (GNI). The GDP measures the national income of a given country.Advertising We will write a custom report sample on The GDP of Japan ââ¬â emerging economy specifically for you for only $16.05 $11/page Learn More In essence, Japan is a manufacturing economy and is considered as one of the most competitive economies in the world today. Japan competes with the United States economy and other developed economies in Europe such as the United Kingdom1. Japan is one of the largest economies in the world in terms of production of goods. It comes third after the United States and China respectively. However, for the purpose of this report, Japan will be considered as an emerging economy because of the recent flops in its economy. It is not considered as an economy that is com ing from scratch, but rather, from an economic downturn. This view is taken from the assessment of the Japanese economy in the year 2011 by the Bank of Japan. According to the World Bank Group, the economy of Japan has been showing positive economic outlook and coming out of the economic witnessed two years earlier. This view is based on a number of economic indicators that were noted in the year 2011 by the Bank of Japan. These indicators include the recorded rise in the overall production, as well as increased exports. These two indicators are the major signs of a performing economy2. With an increase in production and exports, the country is often on the positive side of balance of trade and balance of payments. Prior to the recent positive developments in the Japanese economy, the economy suffered due to a strong currency ââ¬â the yen. The strong yen has been causing a shrink in exports by Japan.Advertising Looking for report on business economics? Let's see if we c an help you! Get your first paper with 15% OFF Learn More Though slightly recovered, the economy of Japan is still being affected by deflationary forces. However, strong monetary policies are aiding in cushioning the economy thereby putting it back on track3. Gross Domestic Product of Japan in 2011 The GDP is calculated through the addition of the total sum of consumption expenditure, added to the total investment expenditure, plus the government expenditure, minus the net exports. This can be represented as [GDP = C + I + G + (X-M)]. The net export is the difference between exports and imports and is a very important segment of the GDP formula. It determines the real worth of the economy relative to the international economy. The GDP is calculated on an annual basis. This is done after a cycle of 365 days, and it marks that total expenditures for both the final products and services produced and consumed by the country. The GDP of Japan in 2011 In the year 2011, the Gross Domestic Product of Japan totaled to 5867.2 billion United States Dollars. This is according to the figures availed by the World Bank. The GDP of the country was at 8.87 % of the GDP of the entire world economy. This according to the World Bank group 2012 denotes one of the highest preforming economies in the world. Private consumption expenditure The private consumption expenditure of Japan stood at 282.7263 trillion Japanese yens. This was boosted by the growth in the income of households due to a strong economy and positive prospects of growth4.Advertising We will write a custom report sample on The GDP of Japan ââ¬â emerging economy specifically for you for only $16.05 $11/page Learn More Investment expenditure The total public investment expenditure of Japan stood at 0.2 trillion Japanese yens5. The government of Japan leads in the investment initiative within the country. The government spends a lot while investing in research and developme nt within the country. Government expenditure 2011 The total government expenditure in Japan in 2011 was 96.7 trillion Japanese yens. The expenditure of the government is high because the government focuses on two major dimensions of investment. These include investment in research and development, as well as real projects6. Exports Total exports for Japan in 2011 were 800.8 billion US dollars. There was a growth in from the previous year due to increased trade relations between Japan and major trading giants in the world like China. Imports The total imports into by Japan in 2011 were 794.7 billion US dollars. A high percentage of its imports came from China, which is one of its biggest trading partners. Graph of GDP of Japan in a decade The figure below is a graph of the GDP of Japan from the year 2000 to 2012. From the Graph, it is notable that the economy of Japan has been experiencing an increasing trend in economic growth. This is denoted by the increase in GDP each year from the year 2009 to the year 2012.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Source: The World Bank, 2012. Business cycle and economic development of Japan in 200s The characteristics of an emerging economy are usually denoted in the measures of GDP within that economy. These include the investment expenditure, consumption expenditure, government expenditure, and the net exports of that country. Increase in the production and exports are major milestones in economic development. As for Japan, there has been a notable increase in production as the economy picks up from the stagnated growth experienced due to economic shocks. Also, the country has worked on maintaining and even increasing the export of its manufactured goods mostly electronics and automobiles. This has helped to maintain a strong balance in the balance of trade records of Japan. Trade is the main basis on which economic development is always pegged. Therefore, a country that shows prospects of having a strong economy must be very active in international trade. Japan is indeed an icon not only in manufacturing, but also in the real global trade. Japan has been keeping a strong presence in the international market. Japan has maintained the production of standard goods that meet the demands of the market. This helps in sustaining and maintaining the country within the competitive markets. Japan has managed to penetrate the worldââ¬â¢s strongest markets like the United States, Europeans Union and the ASEAN market. Japan is also penetrating the new and promising regional markets of developing economies like Africa, South America and Asia. As of today, Japan has established strong and sustainable trade relations with many countries in the entire continents of the world. With more prospects of raising its production potential, Japan will undoubtedly become of the strongest economies in the world in respect to GDP. Japan can fall in the top group of countries in the word that are heavily investing in technological development. The high investment in technology is the reason why the company is innovative enough to produce varied and high quality products. Technology has sustained the manufacturing sector of the Japanese economy helping it match with such sectors belonging to the most economically competitive countries. Trends in Japanese government expenditure in the recent years The public expenditure is a very important aspect in economic development of a state. The public spending is dictated by various factors including the economic targets and challenges facing the country. In general, Japan has been witnessing a high rate of government expenditure in the economy. This is in order to keep the economy at par with the other developed economies. The expenditure by the Japanese has accelerated from the year 2008. This is partly because of several economic situations and conditions that have been hounding the nation. The first reason for the increased expenditure by the Japanese government in the recent times is the worldwide economic recession. The gov ernment had to cushion itself for the shocks of the recession. One way of doing that was to make the economy considerably proactive. This would enable it to develop strengths to mitigate the economic shocks arising from the international financial market. The other factor, which has led to the rise in government expenditure, is the natural disaster that rocked the country in early 2011. The government had to release a lot of money in the economy to help in mitigating the effects of the disaster to the economy of Japan7. Conclusion Japan has one of the emerging strong economies in the world despite the numerous challenges to the economy. The GDP of Japan is projected to attain more growth in the coming years basing on the trends that have been witnessed over the past five years. Bibliography BBC News, Japans economy emerging from lull, says Bank of Japan, 2011, retrieved https://www.bbc.com/news/business-12461377 Mourdoukoutas, P, The new emerging Japanese economy: Opportunities and strategies for world business, Thomson/South-Western, Mason, Ohio, 2005. Organization for Economic Co-Operation and Development (a), Government Final Consumption Expenditure in Japan (JPNGFCEADSMEI): Main Economic Indicators, 2012, retrieved https://fred.stlouisfed.org/series/JPNGFCEADSMEI Organization for Economic Co-Operation and Development (b), Private Final Consumption Expenditure in Japan (JPNPFCEQDSNAQ): Main Economic Indicators, 2012, retrieved https://fred.stlouisfed.org/series/JPNPFCEADSMEI Sexton, RL, Exploring Macroeconomics, Cengage learning, Mason, Ohio, 2012. Footnotes 1 P, Mourdoukoutas, The new emerging Japanese economy: Opportunities and strategies for world business, Thomson/South-Western, Mason, Ohio, 2005, p 25 2 P Mourdoukoutas, The new emerging Japanese economy: Opportunities and strategies for world business, Thomson/South-Western, Mason, Ohio, 2005, p 28 3 BBC News, Japans economy emerging from lull, says Bank of Japan, 2011. 4 Organization for Economic Co-O peration and Development (a), Private Final Consumption Expenditure in Japan (JPNPFCEQDSNAQ): Main Economic Indicators, 2012. 5 Organization for Economic Co-Operation and Development (b), Government Final Consumption Expenditure in Japan (JPNGFCEADSMEI): Main Economic Indicators, 2012. 6 Ibid 7 RL Sexton, Exploring Macroeconomics, Cengage learning, Mason, Ohio, 2012, p 34
Saturday, November 23, 2019
State Facts in Spanish Using the Indicative Mood
State Facts in Spanish Using the Indicative Mood In addition to traditional verb tenses, such as present and past tense, there are three moods that are also used in Spanish. These verb tenses reflect the way a sentence is constructed. The most common mood in Spanish is the indicative mood, which is used in ordinary, typical speech when making statements. In Spanish and English, the three moods are indicative, subjunctive, and imperative.à The mood of a verb is a property that relates to how the person using the verb feels about its factuality or likelihood. The distinction is made much more often in Spanish than it is in English. In Spanish, the indicative is referred to as the ââ¬â¹el indicativo. More About the Indicative Mood The indicative mood is used to talk aboutà actions, events, or true statements. It is typically used for making factual statements or describing obvious qualities of a person or situation.à In a sentence such as Ià seeà the dog, which translates to veoà el perro, the verb veo is in the indicative mood. Other examples of the indicative mood includeà Irà ©Ã a casa, which means, Ià will goà home, or compramosà dos manzanas, which translates to weà boughtà two apples. These are both statements of fact. The verbs in the sentences are conjugated, or changed into forms that reflect the indicative mood. Difference Between Subjunctive and Indicative Mood The indicative mood contrasts with the subjunctive mood, which is often used in making subjective or contrary-to-fact statements. The subjunctive mood is used to talk aboutà desires, doubts, wishes, conjectures, and possibilities, and there are many instances of its use in Spanish. For example, If Ià wereà young, I would be a soccer player, translates to,à Sià fueraà joven, serà aà futbolista.à The verb fuera uses the subjunctive form of the verb,à ser, to be. The subjunctive mood is rarely used in English. For a rare example of the subjunctive mood in English, the phrase if Ià were a rich man refers to a contrary-to-fact condition. Note, the verb were does not agree with the subject or object, but here, it is used correctly in the sentence - since in this case, it is being used in the subjunctive mood. Theà Spanish language seems to have no problem using theà verb in the subjunctive mood when the corresponding English sentence (in almost all cases) will use the indicative mood.à Use of the Imperative Mood In English, the indicative mood is used nearly all the time, except when givingà direct commands. Then, the imperativeà moodà comes into play.à In Spanish, the imperative mood is used mostly in informal speech andà is one of the more unusual verb forms in Spanish.à Since direct commands sometimes can sound rude or impolite, the imperative form may be avoided in favor of other verb constructions. An example of the imperative mood would be eat, as in a mother directing her child to eat. In English, the word can stand alone as a sentence when used in this way. The verb comer means, to eat in Spanish. This sentence would be stated simply asà come orà comeà tà º.
Thursday, November 21, 2019
Commercial Property Law Essay Example | Topics and Well Written Essays - 2250 words
Commercial Property Law - Essay Example Any conflict between the parties shall be resolved in consonance with the tenor of the contract, the spirit and letter of the relevant laws as well as applying common law principles and judicial interpretation rendered by courts or tribunals on similar issues. The interpretation of the partiesââ¬â¢ rights and obligation in contractual relationships vary and oftentimes the interest of one party may cloud its judgment thus it is important that independent minds should offer impartial opinions to aid the parties in making informed decisions. It is in this context that our firm was commissioned by Tomes Limited (Tomes) to evaluate its standing in a leasehold agreement whether its posturing against the landlord is valid. The account was assigned to me for appropriate action. II. Factual Background The leasehold contract over an Old Victorian Townhouse was constituted on 1 April 1997 for a period of twenty five years where rent review shall be made at the end of the 5th, 10th and 15th y ears of the term provided that such intention is communicated to the tenant within the 5th, 10th and 15th years. The break clause option is available to either party provided that notice shall be given to the other party during the first six months of the 15th year. The leasehold states that the ââ¬Å"tenant shall put and keep the premises in tenantable repair to include the decorations, wall-surfaces, window frames, glazing, and casements.â⬠The Landlord and Tenant Act 1954 shall be applicable as no effort to exclude its operation was undertaken by the parties. Tomes assumed the lease three years ago and utilizes the demised premises as a book shopââ¬âan activity which is not prohibited by the user clause. Its peaceful occupation of the demised properly was interrupted when the landlord demanded that Tomes undertake repair on the cracks in the corners of and right across all the ceilings after a structural inspection revealed that cracking has been caused by flexion of fl oor joists induced by the load imposed by book shelves. The engineer who conducted the structural investigation concluded that the joists may not have been permanently damaged by the load but nonetheless recommends the installation of steel reinforcement of the joists in the floor voids along with load reduction as the upper floors are not particularly well suited to the demands of book storage. III. The Opposing Views The controversy escalated when the landlord insisted that the reinforcement works as recommended by the engineer should be executed by Tomes pursuant to the repairing covenant and its obligation to repair any damage to the demised premises caused by it. The landlord further argues that without the works, the premises cannot properly be used as a book shop. Tomes disagrees claiming that the repairing covenant covers only cosmetic facade and the installation of steel reinforcement cannot be characterized simply as a cosmetic enhancement but one that requires structural repair. Tomes further refuted the move of the landlord for rent review as the review was not timely initiated within the period specified in the leasehold thus estoppel set in. Tomes suspects that the persistence of the landlord to ascribe fault against it is brought about by his recent acquisition of the controlling share in Volumes Limited (Volumes for brevity), a specialist book-seller which needs new retail premises. It would appear that the landlord wants to get Tomes out of the way to install Volumes in the premises
Tuesday, November 19, 2019
Analyzing a case study Example | Topics and Well Written Essays - 500 words
Analyzing a - Case Study Example Most companies use this before they implement a new project. This helps them understand the requirements even as they conduct market research. Strengths and weaknesses are internal factors while opportunities and threats are external. The MM Company has a good financial record since the introduction of green meters. This is evident that the product will do well if introduced to customers. The other strength of the project is that it was popular in the company. It is therefore, easier for the marketing team to convince the customers. In addition, the implementation of the project has executive support. Smith promises full support of the project, and this makes it easier to implement the project. The green project is the first one to be implemented in the market, and therefore, no competition. The company will have a competitive advantage because it will dominate the market. The project needs an outside-in approach. The manufacturing department cannot work alone. There has to be integration of all departments. For instance Werner argues that the company has been operating on separate systems for each of its silos. But this project will go against the culture and processes of the company. The project will have to integrate with ITââ¬Ës information Management Renewal project. Working with different departments in the company poses a huge political challenge (Kim, 2010). Another weakness is resources. Werner argues that MM has people but they are not able to work within the promised time. Lack of human capital will make the company incur costs of employing others who have technical skills. Delay is also another weakness whereby the project fails to meet a deadline. This will mean to put pressure on the working team. Strategies have to be implemented to ensure the success of the project. New advertisement strategies need to be employed. Since the Green project is popular in the company and the product is new in the
Sunday, November 17, 2019
Overseas Chinese and Moon Shadow Essay Example for Free
Overseas Chinese and Moon Shadow Essay Immigrants lives become very difficult when they move to a new country. They are often discriminated against due to their race and/ or nationality. This problem occurs many times throughout Dragonwings, a book by Laurence Yep. In his book, the Chinese characters who immigrate to America face many challenges in their new lives. They are thought of as inferior, have to endure many hardships, and become lonely due to the fact that they must leave the majority of their families in China. In this book, the immigrants face multiple difficulties and challenges in the new world they know as the Land of the Golden Mountain. One challenge that the immigrants face in this story is that they are thought of as inferior by Americans, or demons as they have begun to refer to them. Demons are not accepting of differences; therefore the Chinese are looked down upon, and dont get equal rights and privileges. For example, Moon Shadows grandmother tells him that his father traveled to America to work as a laundryman before he was born. She tells Moon Shadow that gold, in the Land of the Golden Mountain, is everywhere and men can scoop it up by the bucket-full. When he asks why his father does not get enough gold to return home, his grandmother replies, Demons roam the mountain up and down and they beat up any of our men who try to get the gold (6). She mentions that they are allowed to take only a small pinch of it, and only if they do all of the hard, grueling labor that they are told to do. This quote proves that Chinese (Tang) people are belittled. They are forced to work like slaves. Good-paying jobs are very difficult for them to find. They must also be careful when choosing them. Moon Shadow states, There was plenty of money to be made among the demons, but it was also dangerous (1). This states that though there are many job opportunities in America, the lives of Chinese people are sometimes put at risk. This would almost certainly not have been the case if an American were to have the same job. This demonstrates the prejudice which exists against Tang men. The book also mentions that Americans often assume Chinese people are greedy, that they are after Americans money. This fact is proven when Windrider stops to help a man, Mr. Alger, fix his car. After he mends the automobile, Mr. Alger automatically pulls money out of his pocket to tip him. Windrider says modestly, No tip, just happy to look at horseless'(57). Mr. Alger assumes that Windrider only stops to help because he wants money. Moon Shadow goes on to say that the demon stopped and studied Father as you might look at a dog that had suddenly said he was going to the opera (57). This demonstrates Moon Shadows knowledge that white people think Chinese cannot possibly get high-paying jobs due to their lack of skills or importance. These immigrants have to bear much racism and scrutinyand the insecurity that goes with itin their new homeland. Immigrants also have to face and live in many harsh, new conditions. For example, they have to put up with stereotypes and stories about them. This is proven when Moon Shadow is traveling by ship to America to meet his father for the very first time. Moon Shadow is told a story about how the [Tang men] had slept upside-down on top of their heads with knives between their teeth, and so on (11). This shows that the white people are very cruel to the Chinese, even if the story stretches the truth. To make up a story of this violent nature means that it is not far beyond them to do it. Americans also force the Chinese immigrants to live with the constant threat of violence. On one occasion, they go out with the intention of hurting the Chinese, simply for the pleasure of it. Black Dog, a relative of Moon Shadow, states, The demons are all getting drunk and getting ready for beating up Tang men. The word is to stay inside' (29). This further shows that the Chinese must face violence, a new element, in their everyday lives. Last, they must endure harsh conditions when arriving in America for the first time, going through immigration. This is a very long, torturous process. Moon Shadow explains, The demons kept us locked inside a long, two-story warehouse for a week before it was our turn to be questioned (11). This illustrates the fact that life is hardly bearable for them in the Land of the Golden Mountain. Things are very difficult, especially because of the way they are treated. The last and one of the most unbearable elements of all for immigrants is loneliness. Families are separated. Moon Shadows father leaves his wife, mother, and unborn son in China when he goes to live in America. He leaves with the expectation that he will be able to see his family in approximately five years, as most can. Moon Shadow notes, however, though there were longer separations, as with Mother and Father (3). This proves that families can be forced to endure long periods of time without seeing each other. As one might imagine, they become very lonely. Also, they often miss the appearance of the elaborate architecture and color used on buildings in China. San Francisco looks very drab to them in comparison. Moon Shadow thinks, Walking up the street, I nearly lost heart. To me, the wooden houses seemed like shells of wood which terrible monsters had spun about themselves (18). Since he is not used to the box like American homes, they seem quite foreign and even intimidating to him. He misses the familiarity of his home. Moon Shadow also shows signs of loneliness when he says, I did not go to school during the daytime like demon children because the demons would not allow me to go to any of their schools just a few blocks away (50). He does not have any Chinese friends to play with, and he does no get much contact with white children. It is plain to see that Moon Shadow and his relatives face much loneliness in their everyday lives in America. The characters in this book have very difficult lives in their new home, America. They are burdened with many challenges and hardships. Because of this, their lives in America cannot be carefree and happy. Instead they are filled with sorrow, pain, and scrutiny. They must endure the racism and cruel stereotypes that are targeted at them by Americans. They must work extra hard to find and keep good jobs. It becomes evident that their lives so far away from home are barely endurable.
Thursday, November 14, 2019
The Diary Of Anne Frank - Book Essay -- essays research papers
The Diary of Anne Frank is about a girl that kept a diary while hiding from Naziââ¬â¢s in Amsterdam for two years. The diary ends when the Naziââ¬â¢s found her and her family. Her whole family was killed in exception for her father. She was given the journal on her thirteenth birthday. She simply summarized her life for two years in this phenomenal journal. This journal was found after she was killed. The book was published in 1947. Twenty-five million copies were sold and it was written in fifty-four languages. Basically there have been a lot of reviews on this literary work. Many people have had a great deal of criticism over the Diary of Anne Frank. From great authors to simple students, all have had their own perspective and view on this everlasting and most memorable book. This truly shows how the Diary of Anne Frank is one of the most widely read books in the world. Anne Frankââ¬â¢s diary was probably the first work that people actually got too see what the Holocaust was all about. Certainly it must be the best book for the subject. The diary brings together her childhood and then only known surviving footage of Anne Frank. This is a great way to describe a portrait of Anneââ¬â¢s life, character flaws, and everything else. In order to enjoy this piece of literary work, you must first learn the importance on Jewish culture. This work is like no other of any Holocaust books. This is actually a way to experience the painful experience the Jewish people had to endure during this awf...
Tuesday, November 12, 2019
HCF Company Essay
Evaluate the option of continue or shutdown of the Malaysian or Thailand operations. Should HCF consider starting its own label? Regarding to the case, HCF have two options either to continue or shutdown operations in Malaysia or Thailand. If they choose to shutdown operation in both Malaysia and Thailand, HCF should consider a few things. Firstly, the shutting down all factories in Malaysia and Thailand would costly around RM4.3 million. The costs are refer to the sale of Penang and Butterworth factories ( RM8.5 million), Chieng Mai and Jitra (RM1.2 million) and redundancy payments around RM3.0 million at minimum. Here, there have advantage and disadvantage of pulling down operation in Malaysia and Thailand. One of the effect of closing down is harm HCF reputation as quality manufacture for both menââ¬â¢s and womenââ¬â¢s clothes. In additions, closing down the factories in Malaysia and Thailand causes HCF loss of human capital. As said by Teoh Chin Teh, Factory Operation Direc tor, a large number of employees would have to be retrenched and most of them are working with HCF more than 10 years. Thus, it will affect to workers if Malaysia factories are closed. Secondly, HCF has an option to close down the factories in Jitra and Chieng Mai only. The costs of shutting down both factories are RM1.2 million. Besides that, Jitra and Chieng Mai are located in rural area and will make HCF hard to find new buyers to sell the factories rather than Penang and Butterworth factories which is located in strategic location. Other than that, HCF can save cost of workers in Jitra and Chieng Mai and concentrated the operation in Penang and Butterworth. Regarding the issue about HCF plan to have their own label, they should take a few consideration before proceed with the planning. First, the cost for setup the label is RM32.1 million (fixed costs and advertising costs). Besides, the probability id producing own label is small about 70% while the successful is only 30%. Thus, HCF should not yet started their own label until the companies getting stable and have profit.
Subscribe to:
Posts (Atom)