Important Role Of Genome Editing - Free Essay Example

Sample details Pages: 2 Words: 582 Downloads: 6 Date added: 2019/10/30 Category Science Essay Level High school Tags: Genetic Engineering Essay Did you like this example? ABE production globally has experienced different challenges and successes in the past years. Many production plants and industries were established to produce butanol, acetone and ethanol. However, due to the increasing price trend of crude oil, these companies have been shut down in the past four years due to the rapid drop of crude oil price. Novel and new expertise for cell and process engineering will fast-track the industrial growth of biobutanol production in the future. Solventogenic clostridia are well-studied strains due to their specific ability in alcohols (butanol and ethanol) and acetone biosynthesis. Clostridium acetobutylicum used in ABE fermentation triggered lots of research interests in recent years. Despite the fact that immense efforts have been made to increase butanol yield in the during ABE fermentation, this process still suffers from low butanol yield.   Don’t waste time! Our writers will create an original "Important Role Of Genome Editing" essay for you Create order In order to improve biobutanol production, the butanol-producing abilities of the strains and the corresponding downstream process engineering are key factors (Wang et al., 2014). Though several researchers have worked extensively on this work, there are still limited number of genes that enhance carbon metabolism and sporulation in microbes. Several methods including single cross-over recombination and group II intron retargeting methods have been used. (Sillers et al., 2008; Tummala et al., 2003; Heap et al., 2007). Furthermore, the efficiency of metabolic engineered strains is not acceptable, even not as good as that achieved by the famous mutants Clostridium acetobutylicum JB200 from long-term adjustment and Clostridium beijerinckii BA101 from chemical mutagenesis (Annous and Blaschek, 1991; Xue et al., 2012). These proofs, presenting less efficiency of rational metabolic engineering compared to traditional random mutagenesis and screening, suggested disadvantaged strain development due to inadequate genetic tools and comprehension of molecular mechanism. With the improvement of genome editing technology and system biology, strain development for ABE fermentation is expected to make a significant breakthrough in coming years. In addition, in situ product recovery techniques lowers the effect of butanol toxicity and efficiently reduce the production cost via continuous removal butanol during fermentation, which will also promote the development of biobutanol production. Recent synthetic biology efforts have successfully introduced butanol toxicity tolerant and butanol- producing genes into various non-native producing microorganisms including E. coli, cyanobacteria, S. cerevisiae, C. tyrobutyricum etc. (Lan and Liao, 2012a, 2012b; Krivoruchko et al., 2013; Yu et al., 2011) Although these studies have demonstrated the potential and feasibility of applying these not-native hosts for butanol production, the butanol titers and productivities achieved are very low, some of which are disappointingly at least one order of magnitude lower than that achieved by the native butanol-producing strains Clostridium acetobutylicum JB200 or Clostridium beijerinckii BA101. Furthermore, C. acetobutylicum is a typical strain for butanol production, and thus, the genetic manipulation and process engineering strategies developed based on C. acetobutylicum can also be implemented in other species of Clostridium and non-native producing strains. Here, we review the problems and advances in butanol production by C. acetobutylicum, including mechanism and regulation of sugar uptake, metabolic engineering and genome editing for strain improvement, and integrated recovery technologies including conventional single integrated techniques and advanced hybrid recovery strategies. Based on the summarized work of the past decades, this review highlighted the important role of genome editing and impercipient metabolic regulation in C. acetobutylicum, which could contribute a lot for strain development. In addition, integration of fermentation and recovery aiming to improve the efficiency of biobutanol production was discussed.Wehope this reviewcould facilitate the development and expansion of strain and process engineering formicrobial butanol production, and the final revival of biobutanol production in the future.

Illiteracy Among African Americans Essay - 1577 Words

Running Head: Illiteracy among African Americans Illiteracy among African Americans LaKisha Heard Marygrove College Abstract The high rate of illiteracy is a major problem in the United States. Although there have been programs and initiatives started to eradicate this problem, illiteracy still plagues millions of Americans. Out of all ethnic groups, African Americans have a higher illiteracy rate. Within this project, the causes of illiteracy are revealed and viable solutions to this on-going problem will be discussed. Illiteracy Among African-Americans African-American adults do not have the ability or proper skills to read, write, or speak English correctly. African-Americans have the lowest level of literacy rates in†¦show more content†¦These African Americans with low income rates are also receiving help from the government. African American illiteracy is common because researchers feel; this ability is from cognitive and physical effects of age. Researchers feel African American are not expand to assessments of printed material written. African Americans proficiencies results showed t hirty-eight percent of them scored high on there examine. The United States has specialized a program in the schools, recreation centers, and after school programs from literacy. African Americans with illiteracy receive basic skills courses to enhance their reading, writing, and English skills. The African American programs illiteracy that supports the group by designing fundamental speaking and educational classes. These classes will better prepare and motivate African American to get their GED and workforce training. African Americans have the most students of 76% or more enrolled in these classes for illiteracy. African Americans also have outreach programs for illiteracy throughout the region. African American regions are processing new strategies for people below average functioning under level number one literacy. There are state officials, business leaders, and human resources who promote assessment class to determine the adequate needs for African Americans needing m ore help with illiteracy. The AfricanShow MoreRelatedThe Issue and History of Illiteracy Among African Americans1510 Words   |  7 PagesHistory Of Illiteracy Among African Americans Becca White Writing 123 Instructor Sydney Darby 27 May 2008 Illiteracy is a growing issue in America. The U.S. Department of Education funded the National Adult Literacy Survey (NALS) in 1992 that estimates over 90 million Americans fall well below an eight grade literacy level (Rome, 2004, pp. 84). Nowhere is this tragedy more prevalent than among the impoverished African Americans. Illiteracy has always been higher among African Americans now theRead MoreCorrelation Between Parental Literacy And Literacy1349 Words   |  6 PagesIntergenerational literacy refers to the cycle of low literacy that exists in families. 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Reading and writing was a reserve of the whites. The narrator dropped out in second grade and does not know how to read or write. She also says they could not ask why their school closed; showing a lack of power. Dee seems to possess aRead MoreVaccination Crisis And Controversies Of Africa1620 Words   |  7 PagesMarin Lucio Mare October 18, 2017 Midterm Report: â€Å"Vaccination Crisis and Controversies in Africa† The Africa past colonial, past aftereffects, and its evils like malnutrition, illiteracy, war and the refusal of a part of the population in the developed countries especially in America to let American children get vaccinated raised the problem of vaccination especially in a bruised population in Africa. The current problem is whether to suspend vaccination campaigns or to continue the vaccinationRead MoreThe Effects Of Racial Discrimination On Brazil s Situation By Disproving The Idea That It Is A Racial Democracy1603 Words   |  7 PagesBrazil as a ‘racial democracy’. 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Political association would prevent blacks from

Principles of Development Free Essays

PRINCIPLES OF DEVELOPMENT –Early foundations are critical. –Role of maturation and learning. –Follows definite and predictable pattern. We will write a custom essay sample on Principles of Development or any similar topic only for you Order Now –All individuals are different. –Each phase has characteristic behaviour. –Each phase of development has hazards. –Development is aided by simulation. –devt: is affected by cultural changes. –Social expectations in every stage. –Traditional beliefs about people of all ages. ?STAGES IN LIFE SPAN 1. PRE-NATAL PERIOD – CONCEPTION – BIRTH 2. INFANCY -Birth- end of 2w 3. BABYHOOD – 2w- 2y 4. EARLY CHILDHOOD -2-6 5. LATE CHILDHOOD -6-12 6. PUBERTY -10/11 -13/14 7. ADOLESCENCE -13/14 – 18 8. EARLY ADULTHOOD -18-40 9. MIDDLE AGE -40-50 MA / 50-60 LA 10. OLD AGE -60 -Death ?Pre-natal 270-280 days. 10 lunar months Basic body structure and organs form Rapid physical growth Vulnerability to environmental influence is great 1. Heredity endowment 2. Heredity potentials influenced strongly by envt. 3. Fixing up of sex 4. High rate of growth(1cell to 20 inches length) 5. Period of hazards 6. Attitude of significant people ?Pre-natal Hazards Period of Zygote ?starvation, Lack of Uterine preparation ? implanting wrongly, Period of Embryo ?miscarriage, ? Developmental irregularities Period of Foetus ?miscarriage, ?Pre-maturity, ?delivery complications, ?developmental Irregularities, ?Factors influence development –Age of mother, –Illness and infections –Blood RH factor –Birth complications –Drugs, x-rays, envtl. Hazards, –Paternal factors-smok,alcohol, radiations , pesticide –Maternal emotions –Diet and physical condition of the mother –Hormones ?Infancy- neonate. ?Extreme helplessness ?Shortest period ?Radical adjustment ?Loss of weight Disorganized behaviour ?High mortality ?Physical devt. ?Increase height weight, muscles ?Bones and skeleton transformed ?Brain cells grows ?Breast feeding starts ?Reflex of new born ?Sex determination ?Nature –Nurture influence *physical- obesity,aging *cognitive-IQ *psycho-social- Personality-reacting to situations, extrovert, depression, leadership,nail biting,sleepwalking,other emotions disorders like schizophrenia, infantile a utism, alcoholism. ? Sensory capacity increases ?Touch is the earliest sense ?Smell- can distinguish different odour ?Taste sense well developed Hearing is least developed ?Vision- half of the adult- color vision is absent or minimal ? SIDS-sudden infant death syndrome-crib death Motor development ?Head control ?Hand control ?Locomotion ?Grasping ?Rolling over ?Sitting up ?Crawling ?Standing Common problems Unfavorable parental environment Multiple birth Complicated birth Post maturity- pre-maturity Infant mortality Psychological –traditional beliefs Helplessness , developmental lag, plateau, lack of stimulation, new parent blue, unfavorable attitude,.. ?Babyhood ?1. True foundation,- 2. ,Age of rapid growth devt. 3Decreasing dependency 4 Increased individuality 5 Beginning of socialization 6. Sex role typing 7. Appealing age 8,Age of creativity ? Hazardous—–(Ph)mortality, crib death, illness, accidents, malnutrition, foundation of obesity, habits, (Psy)-delayed motor devt. , delayed speech, emotional,play,social, family, // ? Rolling over , Sitting up, Crawling , Standing ?Play years 2-6 ?Physical growth ,Language devt. – chatter box , Socialisation , Peer influence, Negativism, self-centered, increased independence . Trust-vs-mistrust ,Personality-emotional, temperamental, cognitive ctivity level- regularity predictability approach/withdrwal- initial response ?Age of troublesome, pre-school, pre-gang age ?Child abuse neglect ?Causes__ characteristics of abuser ?90% at home, 90% not psychotic, unrealistic expectations ? Victim ?Families ?Communities ?Cultures ?Parent – child relationship ?Attachment behaviour ?Sibling relation- regress to earlier behaviour, suck thir thumb, wet their parent, use baby talk etc ? Father to take care- interaction-play style ?Pl aymates ?Stranger anxiety separation anxiety-starts 6months,active father care reduces St. A. sep. ax. related to attachment Behaviour ? Institutionalization- not harmful, if attachment and opportunities available- eg-MR ? Sociability-1-2 less, 2-increase interest in peers, imitation vocally . ?School years 6-12 ?Learning physical skills ?Learning to get along with agemate ?Appropriate sex roles ?Develop fundamental skills- reading,writing,calculating ? Develop concepts of everyday life ?Develop conscience, morality, values ?Develop social attitudes ?Phisical devt. -Height,weight,body proportion,body build, 1-2 Teeth-permanent teeth ? Emotional and social devt. ?Personality devt. -family-ordinal position-decipline, school-techers adjestment, society-socioeconomic status, culture-social pestige. ?Adolescence11-18 ?puberty ?State of growth ?State of maturation ?Concerns about physical changes, egocentrism ?Psychological- good look grooming ?Social changes- peer influence ?Social groupings- close, crowds, organised, gangs ?Family relationship- generation gap, cultural gap, identity crisis, frictional, ? Personality changes-pleasing, ideal,maturity individuality, ? Social changes How to cite Principles of Development, Papers

Production Planning and Contro... free essay sample

Production Planning and Control for Marine and Offshore Shipbuilding Abstract In this report, I am identifying and analysing my companys (PaxOcean Shipyard) supply chain planning, control issues and providing recommendations for improvements. PaxOcean Engineering Pte Ltd (PaxOcean, n. d) is a subsidiary of a Singaporean multinational conglomerate, Kuok Singapore Limited (Kuok Singapore Limited, n.d.), established since year 2007. PaxOcean is a progressive and integrated marine and offshore service provider, offering oil rigs and vessels construction, ship repair and conversion. The shipbuilding supply chain is a very complex process (Sarder, Ali, Ferreira and Rahman, 2010), especially the length of duration it takes (normally 18 months to 24 months, depends on the vessels type, See Appendix 1 – copy PaxOcean Brouchure) to complete a newbuild vessel. It can prove very tough in successfully manage this type of supply chain without causing an undesirable impact on the rest of business functions and the overall profit of the company (Sarder, Ali, Ferreira and Rahman, 2010). In addition, shipbuilding also involve with hundreds of materials and equipment for fabrication works and assemble into a complete vessel (Appendix 2, Bill Of Materials). This report focuses on the PaxOceans supply chain and in particular on management of the material and its impact of PaxOceans bottom line. Improvements in material management will help PaxOcean in better position to receive future orders and eventually provide the Ship Owner with quality of ships needed to carry out its purpose. The overview flow of complete shipbuilding activity and competencies required as shown in. Vessels construction is a comprehensive design and long lead time process that demands careful planning and timely decision-making that meet Ship Owners requirements. Planning, optimizing and validate processes before vessel construction can be started. In fact, shipyard is an Engineer-to-order (Hicks, McGovern ; Earl, 2000) company that designs and fabricate vessel (Appendix 3) when orders are placed by Ship Owner. This process involves the cooperation of all parties, including the Ship Owner, shipbuilder and its suppliers. The process further necessitates a seamless interaction of the ship designer, equipment makers, material management, planning, scheduling and production. This is the method of interactions that can either cost the shipbuilder and Ship Owner due to rework and rescheduling or allow PaxOcean to construct the vessels at the cost and in the timeframe allotted by the contract. Due to costly of constructing vessels and current practices in shipbuilding industry, PaxOcean does not make a large profit and sometimes not at all. Discussion and Analysis Pre-Contract Signing Usually, Ship Owner provides specifications and schedules that allow PaxOcean to determine what materials and/or equipment will be needed. From this information, planning and scheduling of what materials are to be purchased, who will it be purchased from, and when to purchase it in order to meet requisition on site dates. At contract baseline, Ship Owner and PaxOcean determines what are the long lead time materials and equip ment. Normally, Ship Owner agrees to pay down-payment in order for PaxOcean to login order those long lead time and expensive major equipment such as main engine and propulsion system. In addition, the subsequent payment will be made by the Owner to PaxOcean upon production milestone is achieved. Below is an example of payment milestone associate with major deliverables. Shipbuilding Project/Production Planning In most of the shipyard including PaxOceans production planning and management in the initially centered on a Work Breakdown Structure. Systematically managing engineering data has become a subject of interest since the shipbuilding industry practising the concept of WBS, which treats each vessel as a project basis and defines the scope of works. The network gives a logical, showing the individual elements of work and their interrelation in the planned order of execution. In addition, it is used for overall planning of a project and also for detailed planning with production progress control. Since ETO process, there is the architecture of the whole production planning system and express the information flow. Therefore, shipbuilding processes in PaxOcean focusing on hierarchy and system development for production planning which flow from engineering basic design in accordance to ship owners vessel specification, to procurement, production till vessel delivery. Figure 6 shows that various tasks are need to be performed during construction, thereby making process management considerably significant. It is particularly important to plan and control production activities (Chaulya ; Prasad, 2016), because production constitutes the largest part of the overall process. For example, Project Manager has to plan when is the equipment shall be in placed, sequentially plan of ship blocks assembly, follow by equipment installation and blocks erection. As such, PM to facilitate procurement team with a list of ROS dates for dealing with suppliers on equipment estimate to arrive at shipyard.Most of the long lead-time equipment are make-to-order or engineer-to-order, therefore, it is crucial to deliver equipment on time in order to avoid any delay of vessel delivery to Ship Owner.Ship Design and Constrain Since it takes anywhere from one to two years for building a vessel; therefore, there are possibility changes to the original baseline, including design and material changes, specifically to keep up with technology changes. Ship design based on international marine rules and regulation (IMO, n.d.); different Classification Society (IACS, n.d.) includes a large communications suite that must be technologically advanced, so what was up to date at the beginning of the contract, rapidly becomes out of date as the years progress. The same goes for suppliers who can no longer provide PaxOcean with certain materials. For example, Classification Society enforce on new rules of Ocean Clean environment that all vessels must meet United States Coast Guard (USCG, n. d.) requirement; these are involved all materials/equipment streamline from a shipbuilding contract received to deliver the vessels. This is usually causes a schedule slip that renders into escalating costs and profits lost. Of course, without the material/equipment that is needed, production comes to a halt, worst scenario would be vessel is not able to deliver and sail due to not compliance.

Beginners Guide How to Change a WordPress Theme

Are you trying to figure out how to change a WordPress theme? The actual process for switching WordPress themes is fairly simple but there are some additional steps that you should take to ensure that the process goes smoothly.To help with that, Ill give you a beginner-friendly tutorial on the best way to change WordPress themes while preserving your sites existing content and functionality. But before I get to the tutorial, let me start with a quick discussion about what happens to your content when you switch WordPress themes. Most of your regular site elements will not be affected by changing themes. That is, beyond the new styling that they might get from your new theme, nothing will change with:Your posts and pages. Nothing bad will happen to your posts and pages when you switch themes.Any core WordPress settings. For example, if youre using a static homepage, that will stay the same even after you switch WordPress themes.Any plugins that youre using. As long as they arent tied to your current theme, these plugins should continue to function normally.Basic site information. Your site name and description will stay the same.But there are some theme-specific pieces of content that wont necessarily make the journey when you change themes. These are things like:Theme-specific shortcodes. If youre using shortcodes that came with your theme (rather than a standalone shortcode plugin), those shortcodes will cease to function once you change themes.A theme-specific homepage. Some themes, like our Neve themes, come with special homepage sections that function outside the normal WordPress page system in order to offer more flexibility. If you use such a theme, your custom homepage will disappear when you change themes.Themes-specific widgets. Like shortcodes, some themes come bundled with custom widgets. If youre using such widgets, they will cease to function when you change themes.Additionally, you may need to reconfigure your existing menus and widget areas but you wont actually lose any functionality with them.In a nutshell, the vast majority of your content will come through unscathed when you switch WordPress themes. But if youre using any functionality thats unique to your theme, rather than part of a plugin or the core WordPress software, you will probably lose those things when changing themes.How to change a WordPress theme the right wayIn this section, Im going to focus entirely on the how part of how to change a WordPress theme. But weve also already written a post with some steps to take before changing your WordPress theme.I encourage you to read that post for more details. But in general, we recommend that you:Back up your siteCreate a staging site (if possible)Once you have a backup (at a minimum), youre ready to move on.Step 1: Install new WordPress themeTo get started, you need to install the new WordPress theme that you want to use.To do that:Go to Appearance → ThemesClick on Add NewIf you found your theme at WordPr ess.org, you can search for it by name and click the install button:And if you purchased a premium theme or otherwise have a ZIP file, you can upload the ZIP file by clicking the Upload Theme button:Once you install your new theme, dont click the activate button yet, though.Step 2: Preview new theme with WordPress CustomizerThe WordPress Customizer has a helpful feature that lets you play around with your new theme on a live preview of your site before making it active.This is helpful because it:Lets you see how your new theme looks with your existing contentGives you a chance to correct any issues with menus or widgetsHeres how to use the WordPress Customizer to preview your new theme:Go to Appearance → Customize in your WordPress dashboardYou should see a live preview of your current themeClick Change in the Customizer sidebarClick the Live Preview button next to the new theme that you installed in the previous stepNow, you should see a live preview of your existing content using your new theme:You can see that, on my example site, WordPress was actually able to correctly sync up the existing menus and widgets with the new theme.Hopefully the same happens to you!But if it doesnt, you can also use the Menus and Widgets options in the Customizer sidebar to fix any issues that you see:Assuming your new theme makes use of the WordPress Customizer, you can also make other tweaks. And you can also click through your site to see how other pages look. For example, if you click on a blog post, WordPress will load that blog post using the preview of your new theme.Step 3: Activate new themeOnce youre happy with how things look, to make your new theme live, all you need to do is click the Activate Publish button:And thats it! You just learned how to change a WordPress theme.Wrapping things upMost people will want to switch themes at some point in their time with WordPress, so learning how to change a WordPress theme is something that every WordPress user should know.While the actual process itself is simple, doing it the right way helps ensure that you dont just switch themes, but also that your site functions just as well with your new theme as it did with your old theme.Remember, heres all you need to do:Install your new themePreview your new theme before activating it by using the WordPress CustomizerMake sure your menus and widgets look rightActivate your theme from the WordPress Customizer to make it liveIf you have any other questions about how to change a WordPress theme, leave a comment and well do our best to help out! Here's how to switch #WordPress #themes the right way

Free Essays on TV And KIDS

Recent studies from all around the world have proved that Television has an effect on people as individuals and as a whole. We have coined the phrase â€Å"couch potato† for people who sit around watching TV all the time. There has been numerous studies on people of all ages from toddlers to senior citizens on what effects television has on the human psyche. No one can say and believe that television has no effects on society. It is argued constantly whether television reflects society or society reflects what they see on television. TV has become a major part of every American home. Many other developed countries are just the same. Society is what is on television. It is real people acting like another real person writes them to act. Society is making TV so in my opinion neither society or TV actually â€Å"reflect† one another, but they blend into pure entertainment. One way or the other, people and society as a whole are affected by television in many ways. Many People like to argue that television is horrible and that it ruins kids minds. There is good evidence to support this view also. Robert DuRant is one of the many people that believe what children are exposed to teaches them how they are supposed to act. He has studied how exposure to violence in the media results in fighting, carrying a weapon, and an intention to use violence. In a study done in 1999 by the American Academy of Child and Adolescent Psychiatry, it was shown that American children watch an average of three to four hours of television a day. (American 1) The most suprising results of DuRant’s studies were that girls were more affected than boys were. Kids who had already seen violence on television were more likely to imitate what they saw and were more likely to be violent in school. Often children who see violence on the television cannot differentiate what is reality and what is television. This can mean big trouble for the child and the people who may ... Free Essays on TV And KIDS Free Essays on TV And KIDS Recent studies from all around the world have proved that Television has an effect on people as individuals and as a whole. We have coined the phrase â€Å"couch potato† for people who sit around watching TV all the time. There has been numerous studies on people of all ages from toddlers to senior citizens on what effects television has on the human psyche. No one can say and believe that television has no effects on society. It is argued constantly whether television reflects society or society reflects what they see on television. TV has become a major part of every American home. Many other developed countries are just the same. Society is what is on television. It is real people acting like another real person writes them to act. Society is making TV so in my opinion neither society or TV actually â€Å"reflect† one another, but they blend into pure entertainment. One way or the other, people and society as a whole are affected by television in many ways. Many People like to argue that television is horrible and that it ruins kids minds. There is good evidence to support this view also. Robert DuRant is one of the many people that believe what children are exposed to teaches them how they are supposed to act. He has studied how exposure to violence in the media results in fighting, carrying a weapon, and an intention to use violence. In a study done in 1999 by the American Academy of Child and Adolescent Psychiatry, it was shown that American children watch an average of three to four hours of television a day. (American 1) The most suprising results of DuRant’s studies were that girls were more affected than boys were. Kids who had already seen violence on television were more likely to imitate what they saw and were more likely to be violent in school. Often children who see violence on the television cannot differentiate what is reality and what is television. This can mean big trouble for the child and the people who may ...

The most significant trends and issues in guiding children's behavior Essay

The most significant trends and issues in guiding children's behavior - Essay Example Self discipline needs an understanding of an individual’s self and at the same time, an understanding of the couple of ways in which one can cope with the existing difficulties, disappointments, and frustrations. Self discipline gives an individual the ability to concentrate on an event so long as it is deemed necessary to enable the child learn, perfect or complete it. Guiding young kids involve a number of tasks. Parents are solely responsible for identifying and at the same time, enforcing reasonable and clear limits, while slowly giving freedom to children by trying to encourage them to be solely responsible for their self and all their actions. A positive approach is significant when teaching young children how to cope with skills and also, self-control while trying to discourage inappropriate and destructive behavior (Coloroso, 2000).Even though, children seek their freedom from the set rules and regulations that limits them at an early age, they still require constant g uidance and structure. Children upbringing as individuals depends majorly on making their own choices and facing the consequences of their actions and decisions directly (Nelson, 2002). Parents do not possess many skills for guiding their children. Preventing a child’s misbehavior takes a lot of planning and preparation. Effective and corrective discipline measures focus on the child’s development and maintains the kid's dignity and also self-esteem.In guiding children’s behavior, the kids should have choices.... Effective and corrective discipline measures focus on the child’s development and maintains the kid's dignity and also self-esteem. In guiding children’s behavior, the kids should have choices. This is an effective way in guiding a child to build decision making skills, and mould a kid’s self discipline. Nevertheless, a parent should give choices he or she is willing to allow. Parents should use more dos than don’ts in guiding a child’s behavior. They can consider giving the kid a go ahead light instead of a stop light. Guardians should set only the necessary limits. Only the principal ones and the ones viewed as necessary for a child to be safe. The set limits should also be reasonable. Is the kid capable? At times, the parent’s exceptions are too high and should be moved to fit the kid’s capabilities. The set limits should be comprehensible and clear. The parent should give information that is sufficient as well as understandable to the children and other member of the family (Nelson & Lott, 2004). The set limits should be consistent that is, they should never change at all. They should not change as the kid grows and becomes more self disciplined. Consider how past trends and societal approaches contribute to the current thoughts. In the past traditional era, physical punishment was common as a form of punishing wayward behaviors by the children. Nevertheless as, times changed, dialogue has become introduced among parents and their children preventing further instances of the physical punishment. According to Coloroso (2000), parents nowadays sit down with their kids and even discuss the punishments they deem appropriately. What are the best approaches and strategies in the early

The British and Global Economy. Industrial revolution in Britain Essay

The British and Global Economy. Industrial revolution in Britain - Essay Example This means that the industrial revolution developed after a long process of technological innovation and interaction across the land mass (Allen, 2011: 366). However, many experts argue that neither Britain nor Europe had economic advantages more that the Indian regions until the occurrence of the industrial revolution. These countries were commercialized and productive since they benefited from advanced technologies. One of the vital aspects that encouraged industrial revolution was the environmental availability of cheap and available coal in Britain. Coal was employed to produce fuel in heat industries, for example, furnaces. Eventually, it was used to produce steam power for the developing factories (Hobsbawm, 1968: 31). Britain was distinct since it had easy access to large reserves of coal, since it was an efficient source of power than wood and charcoal. The use of coal in the production of iron was efficient in the revolution means. The coalmines from early 17 the centuries were very significant, the Black Country developed in England, and it transformed the textiles centers of the world. The factories and industrial towns also developed with canals and roads (Crafts, 1987: 2). The development of railroad and steam ships widened the market of manufactured goods. Industrial revolution changed the way things were made as new machines that were invented during the 17th and 18th century. This meant that it was possible to mass production of goods in the factories. It developed from Britain and it spread through North America and Europe, resulting to an improvement on social and economic conditions. The geographical position of Britain geopolitical position, since it was an island situated off the coast of the European continent. This favored the development of British naval power and protection from the continental warfare. Naval power was necessary since it allowed Britain to conquer the trade routes and colonies that improved industrial revolution and it provides raw materials (Allen, 2011: 374). Britain was able to extract diverse amounts of wealth from the New World through the slave trade and plantations. Capitalist merchants controlled Britain and this made it efficient for it to extract wealth. It also indicated that wealth could be used to fund the development of industrial capitalism. During the 18th century, the British ships transported more than a million Afr ican slaves to the British Caribbean to offer labor. Britain built extensive utility of mercantilist trade strategies that protected the developing industries against imports that had high tariffs imposed on them (Hobsbawm, 1968: 29). According to Marxists, several factors contributed to the industrial revolution in Britain. The development of capitalism could not be defined as the primary reason of entrepreneurial spirit of the British. The British revolution was a long period of economic and political changes marked by violent upheavals such as English Revolution during the 17th century. However, during the beginning of the 18th century, Britain was identified as the European country where the social relationships were embedded firmly. There were two significant features of capitalism that are important in the industrial revolution in Britain, the first was the prior capitalist class that developed over the previous centuries asserting its dominance in the British society (Crafts, 1987: 4). The

History Essay Example | Topics and Well Written Essays - 500 words - 32

History - Essay Example Yet, new inventions and technological up-gradations are important. Neil Postman has identified a framework that has five factors that he thought is essential for any technological development. The experts feel that the frame work holds good for almost all of the technologies. The five factors are as follows: As the new technology comes in, it has certain advantages and disadvantages associated with it. But those advantages and dis-advantages are never distributed equally among the population and always there are certain gainers and some losers when a new technology is introduced. Western America had been famous for mines. It was in 1848, when James Marshall found gold at a ranch in Northern California. Soon, whole lot of Americans gathered in the region in search of luck through minerals. Some mined for gold while others for silver and other precious minerals. But the technology of mining changed soon. The crude wooden sluices that were used previously were replaced by hydraulic mining that used water jets to break the earth. Such a change impacted greatly over the economy and the society which can be co-related with the Neil Postman’s framework of new technology. As the first principle goes, the new technology called for huge investments and many of the small miners could not bear the cost and they lost the mines to big Western companies. The new technology was advantageous for the big established players and the companies as it called for huge investments. The entrepreneurs who dreamt of making it big through mines were definitely in the disadvantageous positions. The message (third principle) that came with the new technology was that more power was bestowed in the hands of the powerful and the rich with sound infrastructure only could take advantage of it. Though Postman says that the power should not be left to the few, in his fourth principle, most unfortunately same happened. It was only the big companies

A history of drumming

A history of drumming Drumming is a great way to express emotions in a musical form. Over the years drumming has changed a lot, from using just a log to using a full drum set full of different types. Many forms have come into style over the years from jazz drumming to metal-core drumming. Drumming has changed over the years from its equipment to the styles people now use. Drumming is one of the most primitive ways to create music and it has been around for eons ever since man could hold a stick he has been hitting it against some other object. The Africans have been using drumming for a long and they still use today just for about everything, it is used for ceremonies and some even use for finding food. Back in the revolutionary war drums where used to help the soldiers walk in time for when they where marching it was also used in combat to help them over come the fear these where know as war drums. Eventually man started to use drums with other instruments to come up with more types of music such as Jazz, Swing and some of the more modern rock and blues all use drums. Over the years there have been many famous people in the drumming industry from all types of music. Some great examples are Danny Carey, Jimmy Cobb, Blake Richardson and one of these drummer are well know for there bands there in and the styles they have developed over the years of play ing drums. Now Danny Carey is from the band called Tool and is know for is very off the wall random timing drumming which is very hard for other drummers to follow when they listen to his music. His style is so hard to follow because he doesnt have a set timing he goes by he just throws his sounds in where he thinks they would sound the best and that is what makes him and his band so unique from other bands. Jimmy Cobb is from the thirties and he is known for being one of the most famous jazz drummers he is mainly a self taught drummer and in know for one of the most famous jazz songs called Kind of Blue. He has played at many famous places but the one that he played in the made his so famous was Carnegie Hall. Now North Carolina is know for a lot of things but with todays music one of the more famous drummers to come out of these hill is Blake Richardson who plays with the band Between the Buried and Me. Blake and his band are known for the more progressive style of music and Blake style is all of his own in 2008 he was voted the worlds third best drummer. (History of Drumming) A style that has become more noticeable is metal-core drumming. Metal drumming is a very misunderstood style of drumming. Some think that it is comprised of just random beats that are just thrown together; but it is actually a pretty technical form of drumming. It contains some very complex rolls and fills that require the player to be focused at all times. Metal drumming originated from both the swing and jazz style of drumming, which are some of the earliest forms of drumming. Most, if not all, metal drummers train in some version of jazz and swing style when taking lessons. Metal has always incorporated jazz and swing to help them become great drummers. Jazz helps by adding more fluidity to drumming, while swing helps with speed, precision, and foot speed. (Healthy Drumming) Metal drumming has proven to be one of the more difficult forms of drumming, because of the speed required. In addition, this style of drumming has some of the more complicated beats. Some famous drummers in the metal world is Blake Richardson from the band Between the Buried and Me, Danny Carey from Tool, and Matt Greiner from August Burns Red. Each of these drummers all have their own unique playing styles, which they have developed over many years of playing the drums. Blake Richardson took many drum lessons which included jazz and swing he says Jazz and Swing are vital to any drummer if they want to become a great drummer, it helps you in many ways it helps improve your stamina do to the constant playing at a fast tempo. (Healthy Drumming) Swing drumming is a very important drum style mainly because the music is quite fast, and the beats are complex. Swing goes by many names: swing jazz, swing music, and just swing. It has been around since the 1930s it was a new upbeat version of jazz that was created so that the music could keep up with the new faster moving dances and around 1935, it had made come into its own distinctive style. Swing drumming used a lot of a technique called double bass, which helps drummers pick up the pace of a song more quickly. The double bass is where the bass drum has to kick pedals connected together so that both feet can kick the bass drum and make it sound like the drummer is playing faster. Once swing drummers incorporated double bass, the sound to make their music have more of brutal of a sound. (Healthy Drumming) The equipment for drumming has evolved greatly since its inception millions of years ago. When man first started drumming, the set up consisted of a hollow log and a medium sized stick; in contrast, todays drum set is more sophisticated. For example, cymbals made a great improvement in the sound of music with its ability to help a drummer to keep the timing of a song. When drummers buy cymbals, they have to take in how much splash or crash they want. Splash cymbals vary in sizes from six to twelve inches. The splash is often a syncopated accent to the drum. These cymbals are often hit very hard so they had to make them a little thicker. However, this thickness can cut down on the richness of the sound that they produce. Splash is a nice little cymbal to add to a drum kit because the sound it produces can add to any genre of music, not just metal or jazz. Then there are crash cymbals which are used of occasional accents and they usually add a sharp sound to the song. The term crash wa s first used by the company Zildjian who has making cymbals for over 40 years. Crash Cymbals can be mounted on a stand and played with a stick or they can be played with mallets to give them a slower sound and a more swelling crash. (Rhythmic Power) Bass drums are another crucial part to drumming, because it adds a backbone to the song itself. In other words, it gives the beat a deeper sound. Swing utilizes the bass drum very well. Originally the bass drum was help keep timing so the drummer would not kick all that quickly they kept it to a 4/4 beat a 4/4 beat is a technique that all musicians use to mark the tempo of the song. But in Swing there was the creation of the double bass pedal which allowed drummers to create an even faster beat and let them use the bass drum in different ways from keeping time to rolling on it to add the sound. There are a majority of different types of pedals, ranging from titanium pedals and aluminum pedals, to coil pedals and chain pedals. Iron Cobra is one of the more common of the pedal distributors and there latest pedal The Iron Cobra power glide double pedal uses a coil under the pedal itself to add to the power of the pedal and it also cuts down on how much energy the player uses. (Rhythmic Power) Snare drums play an even larger role in drumming than any of there other pieces I just listed mainly because it is one the first pieces ever made. The Snare drum was created originally for combat for soldiers to use on there way to battler back during the revolutionary war. Now the snare is used for all kinds of music related things it is used a lot in drum line it is the focus piece in drum line. In drum line there is usually three snare drum players that lead the rest of the line and if they get off beat even for a moment then they through the rest of the line off rhythm. Snares are usually one type of sound but some come with a dampener on them which release the springs that are attached to the bottom of the snare and when they are released it give the drum amore bass sound. There are assortment stands that can come with the snare some are made for standing up and some made for knee height when the player is sitting down. There is also the synthesized snare drum which is a pad tha t is connected to a small computer that has a large number of sounds built into its database. This snare is used as a side snare so that the drummer can use a normal snare and then this snare to give there sound a more distinct sound from other drummers. (Rhythmic Power) In conclusion drumming has been around for many years and it has been changed about every year it has been around. The equipment has changed in many different ways over the years they have been made more modern from there original forms. Forms of drumming has changed just as much as the equipment changing from just beats people put together to more distinct styles such as jazz, swing and metal. And the history for drumming is very vast since it is one of the precursors of music. Work Cited The Recorded History of Jazz Drumming. Public domain. Web. 29 Oct. 2009. . Of, Editors, and Adam Budofsky. The Drummer 100 Years of Rhythmic Power and Invention. Minneapolis: Modern Drummer Publications, 2006. Print. Nichols, Geoff. The Drum Book The History of the Rock Drum Kit. New York: Backbeat Books, 1997. Print. History of Drums. Free Articles Directory | Submit Articles ArticlesBase.com. Web. 29 Oct. 2009. . Healthy Drumming ÂÂ » Drumming Styles and Facilitator. Healthy Drumming ÂÂ » Home. Web. 29 Oct. 2009. .

Anomie Essay -- essays research papers

Although America was a confident and optimistic nation in 1917 before the introduction of the two major World Wars and the Vietnam War, this no longer is the case today. Wars have reshaped American history, politically, economically, socially and culturally. Throughout the course of time religious structures have been falling, events such the Great Depression have caused unemployment, divorce and crime rates have skyrocketed and suicide coupled with violence has gained much popularity and acceptance in the news. Many of the rigorous norms once established and followed have been disintegrating, thus providing an avenue for ever increasing chaos with an apparent state of anomie where there are no clear rules to firmly guide society. Inflations and unemployment in America have been great sources of chaos. The fact that wealth has never been evenly distributed has always caused the rebellion and in some cases retreatism posed by sociologist Robert Merton. Today Bush’s presidency has caused the jobs of many people. About 113,000 workers have been cut from payrolls since September of last year. In numerous occasions Bush has said, â€Å"The slowdown is real and is affecting too many lives. I want the American people to know we're deeply concerned about the unemployment rates and we intend to do something about it.", yet he has not developed any new plan to stop unemployment or at most decrease it. This presidential attitude in turn has led many to reject the story that society c...

Merits and Demerits of Western Culture on India Essay

How there is head and tail for a coin, there is both positive and negative impact of western culture on India and especially on Indian youth, In past in India men were our traditional dresses, but now it is entirely changed, now the Indian youth moving with jeans, t-shirts, minis, micros, etc., here we can proud of that western culture, it bringing us with the fast moving world. But when we consider the pubs, it is the thing to be strictly punished. In pubs both men and women are in drastic stage, by taking drugs, it should be punished. And we need to felt sorry for that. And there r many things to be taken from the western culture. Effect Of Western Culture On Indian Youth Well World is changing, because of lot of developments in various sectors like IT, MANUFACTURING, Revolution of E COMMERCE and many more †¦ have brought the ties between various nations/ people and their cultures to get mixed with each other. WELL I WOULD TAKE A BIASED OPINION IN THIS. Lets take example of USA. Well Indians are crazy of adopting Western Culture LIKE DRESS CODE, MUSIC, HABITS, IMPORTING FOREIGN GOODS. What not we feel so attracted to all those. But by adopting we dint loose our traditions and culture; we tend to blend both of them. It all depends on person likes and dislikes, how he /she will behave according to situations. As our friend PAVANI has mentioned like PUBS are to be strictly banned. Well that cant is possible realistically. If an individual decides what is good/bad for them every person can be in control †¦rite I finally stress points like No matter people adopt what ever the culture †¦ They shud be in the limits and act rationally according to the situations. We jus cant stop/Ban things by considering it to be western /eastern. We need to analyze what benefits we get and try to choose.options. Since what all we want is PROGRESS/DEVELOPMENT ultimately to our nation. So IT’S EVERY PERSONS RESPONSIBILY TO CONTRIBUTE HIS/HER PART TO IT. I guess always the other side of the grass is green. We sitting here always crave and imitate western people and their culture. While they are now going craze over yoga, Ayurveda and lot of other ancient traditions. What a shame we don’t have patents for yoga. Coming back to your question, yes we are in the midst of such a western craze that we have almost forgotten what our roots are. We are running a’moke over this western culture, that over the next couple of generations, we would have become truly westernised.

Asian American Experience Essay Example

Asian American Experience Essay Example Asian American Experience Essay Asian American Experience Essay Bill Ong Hing tries to discover the different ethnicities and their relation to being identified as Asian American. Bill Ong Hing remarks: â€Å"To many, then, the concept of Asian American identity may not involve a new cultural identity. Rather, it might properly be viewed as a means of achieving political integration. † There have been numerous accounts where these Asian Americans identify themselves as Chinese, Japanese, and other nationalities rather than Asian. I can recall identifying myself as an Asian American because of the Caucasian environment I grew up in. However, the people who grew up in a Taiwanese community identify themselves as Taiwanese or Chinese, rarely would they identify themselves as Asian because they do not feel an affinity with the other nationalities. The complexity of the Asian American identity demonstrates the need for a deeper understanding of the sophistication and its continuing evolution. Asian Americans tend to switch identities depending on the situation. Is the Asian American identity defined by the cultures and customs or for the political mobilization purposes? The majority tends to believe that there is not a common cultural identity established among the Asian Americans, but there is a common means of achieving political integration. As Bill Ong Hing states, â€Å"the persistence of Chinatowns, Filipino American suburbs, and Vietnamese business pockets promotes intra-community mobilization. Thus it is extremely difficult to integrate our cultures since the immigrants tend to flock to these towns instead of integrating with society. They find it easier to identify themselves easier with their nationalities than as an Asian American. However, for the purpose of political mobilization, they understand the need to identify as Asian American in order to persevere within society. These are the stories of our founding fathers. However the Asian American history fails to land in the history textbooks. They only make a passing notice of Asian Americans altogether. As Tagaki asserts, â€Å"When one hears stories about the pioneers going West to shape the land, the Asian immigrant is rarely mentioned. † The constant unfair treatment by the employers, the social pressures forcing the Asian Americans to exclude themselves from society, the government continual institution of racial and discriminatory policies has been glanced over by the historians. We need to create a â€Å"rev-vision† history to include Asians in the history of America. America has proclaimed to be the melting pot, a nation of immigrants. Yet coming from Asia, these immigrants were not accepted with open arms. They were seen as â€Å"aliens† invading their land and jobs, and even their great-grandchildren still find that they are considered â€Å"aliens† and not accepted as Americans. There has been a remarkable situation with Senator Daniel Inouye who became a target of racial slurs during a scandal. They wanted him to return back home to Japan even though Senator Inouye was born in America and was awarded a Distinguished Service Cross for his valor as an American soldier during World War II. Even when an Asian American would serve in the army and die as an American, society continued to mark Asians as aliens and foreigners. These are the reasons why there is a need to establish an identity as an Asian American. With a strong political identity, society would be able to understand that Asian Americans are indeed part of their society. Instead of being judged by the character and merit of a person, our skin complexion brought judgment from society as a whole. The history of Asia America has been shaped by the continual struggle to be accepted by society. Our forefathers came to America seeking an opportunity to succeed and create better lives for their families and relatives. These men strived to break down the racial barriers, while facing persecution from the â€Å"whites† and burdens of institutionalized racist policies from the government. They never complained about the dual wage system, being paid less than their counterparts, and yet they still were shunned from the labor markets. However, our forefathers continued to fight to establish a life in America, whether it was establishing their own Laundromat or their own restaurant. Even to this day, we have faced many types of discrimination, and even when we continue to work hard and have this American life, society still label us as â€Å"aliens. † Furthermore, with the integration of Asia America, we will continue to fight for our way of life and force society to recognize us as one of the groups of America. We will continue to create new history of our struggles as we pass these stories down generation to generation.

Social Security †a Political Gift. Government Essay (200 Level Course)

Social Security – a Political Gift. Government Essay (200 Level Course) Free Online Research Papers Social Security a Political Gift. Government Essay (200 Level Course) In the depths of the Great Depression hundreds of thousands of senior citizens are unemployed, they have no retirement and no visual means of supporting themselves. During this era it had always fallen on children to support their parents. Now, however, the children have no jobs. The economy was dreadful. Politicians consulting economist realize that for every one elderly person not working there were twelve adults not working that were working age. The economic became simple if every working person paid five cents each week to the government that the government could give decent retirement to every senior citizen and thus social security was born. What followed social security was that one, politicians love to give gifts. It’s like buying a vote. Every year they increase social security benefits. Second, demographics changed. Now there are more people who get benefits than work. Now instead of five cents a week the government takes a little more than 6% of the working mans pay. The demographics that helped social security at the beginning are now killing it. The problem comes when economist try to find a plan to save social security they find that each young working American will have to devote something like one-half of their current income. This makes the young slaves to the old. This will not work. All of the articles I read are very negative about the possibility of reform and what the politicians are really doing. Research Papers on Social Security - a Political Gift. Government Essay (200 Level Course)Never Been Kicked Out of a Place This NiceTwilight of the UAWThe Effects of Illegal ImmigrationQuebec and Canada19 Century Society: A Deeply Divided EraPETSTEL analysis of IndiaAppeasement Policy Towards the Outbreak of World War 2Relationship between Media Coverage and Social andPersonal Experience with Teen PregnancyEffects of Television Violence on Children

Decision-making Essay Example | Topics and Well Written Essays - 2000 words

Decision-making - Essay Example (Salaman, 2001. p.75) A smooth-decision making process is important for well-running of the organization. Decision-making process is considered to be the most important work the managers are assigned to deal with in an organization. This view is further consolidated by the fact that some people view managing and decision-making has two words with same meaning but different interpretations. There are infinite reasons to consider decision-making to be an integral part of organizations, a theory which has interested most of the theorists and economists. (Salaman, 2001. p.75) Some theorists believe that decision-making provides the door to the so called 'underworld' of an organization. The process involved in making a decision, brings out the political attitude of people involved, resulting in political activities being performed. So, it can be conceived that decision-making brings out two extreme conclusions about an organization. One end shows the strength of an organization in making crucial decisions, showing the solidarity of the management and their power. The other extreme is where the political games are played, where the leads play around the resources to get the decisions to go in their favour. Decisions made in an organization is always power played by people in influential powers and the way each decision shapes after going through these people is not even known to the people involved in it. The end decision always has as a byproduct in terms of disharmony within the organization but it is almost inherent and non deniable. (Salaman, 2001. p.9 7) According to Pettigrew, every decision has the above said political perspective added to it. According to him, an organization is a political playground, with different sub units having different perspective about a decision and each unit opposes the other in terms of their views, their struggle to show majority and finally, ending up in a lot of major implications both for nature and the end-decision. He views this political aspect of decision making to form the crux of any organization in creating the core structural and organizational processes. Several theists say that most of the people involved in decision making view governments as organization but find it reluctant to agree that all organizations are governments. (Salaman, 2001. p.97) They further reason for the neglect of this aspect explaining that people view decision making as part of a formal structure of an organization rather than viewing it as a political structure. Most people tend to work on decision making in psychological terms instead of seeing it in a sociological basis. In short, no person tends to see them as being political and in case if they act so, they justify it by reasoning that they do it for the well being of the organization. There are several features for this political perspective of decision-making that lends support to it. Pettigrew observes these features and explains how important they are to an organization. (Salaman, 2001. p.97) According to him, every organization is a group of several sub organizations. He views it to be a political system that is open for all. These sub-organizations specialize on each work and some of them may have to be dependent on one another to produce the result. In such cases of inter-dependence, a joint decision has to be done in a decision making process. These kinds of processes pave

Reflection -Developing a Science Caf_ Program for Your University Personal Statement

Reflection -Developing a Science Caf_ Program for Your University Library by Jeanine Marie Scaramozzino - Personal Statement Example Having said that, this concept can always be expanded, once it gets started from the library. The library cafeteria may be the best place to start this since all types of people use the library and the word can also be spread about the event. Being a library based event the participation of students, scholars, and researchers will be high. But the necessary advertising should be made to the science interested public to make Science cafe more exciting. As far as I can see the number one method to attract people is the Internet. Since most people are addicted to Facebook, Blogs, and scientific forums, the organizers can get huge publicity on the event by using such technologies. For example by using a Facebook library profile the news can be delivered to the students since higher portion of younger generation is using the Facebook. Library’s blog can also be used by starting a new discussion on Science cafe. In the article it was stated that the feedback made by participators th rough Facebook and blogs were less. But, I think the feedback could have been higher if the advertising could be done using the above stated Internet technologies.

Collaboration Assignment Example | Topics and Well Written Essays - 500 words

Collaboration - Assignment Example However, this mission would never be achieved owing to the situation in the agency. Similarly, some internal factors are influencing the operations of the agency making it underperform in meeting its goals. EHSA is facing many challenges, which is emanating from the conducts of its employees. The challenges may hinder the agency from realizing the positive results which it wants to deliver to the people since employees are the agents. One of the issues affecting the organization is the lack of commitments among its staffs to serve the people. Customer care services are very poor making some clients to go back unattended. This is very dangerous for the existence of the agency. Secondly, the organizational staffs are breaching confidentiality of client information. In many cases, the workers have openly compared clients information; a practice that is unlawful and punishable. Therefore, the current stage of the agency is below in the inter-organizational process. Hence, there are much more that the agency management needs to do in order to rescue the situation. Many methods and strategies that the agency can use to improve its services and to realize success in all that it does exist and can be put to use. One of the methods is improving customer care service to the level of clients needs and expectations (Woodside & McClam, 2014). Currently, the agency frustrates clients, and most of them go back without being given the attention they demand. Hence, there is a need to restructure personnel who frustrate clients and inform them of the expectation. This may be done by offering training services in areas related to customer service and advising them on the importance of clients to the agency (Rosenthal, 2012). Secondly, the agency can develop a privacy policy aimed at cautioning its employees and giving guidelines in relation to privacy (Rosenthal, 2012). There are many laws that

Comparing the Republic to the Modern Society Essay Example for Free

Comparing the Republic to the Modern Society Essay The relevance of The Republic to our modern society In Plato’s The Republic, Plato illustrates what his ideal city would look like. He describes the educational systems, ideal legislators and the purposes of democracy. The republic influenced many people to understand the purpose for democracy, and it led to new philosophical schools of thought. Although this work was written hundreds of years ago, it still affects our modern world today. One of the most important things that Plato stresses is the importance of education. Without education of the masses, democracy would cease to exist. When Plato was forming his ideal society, he stressed the importance of education for several reasons. Most importantly, educating citizens led to a peaceful, well-run republic. For Plato, education was not about information intake and data storage. Rather, education was drawing out the knowledge that was already in the student. He said that â€Å"the power and capacity of learning exists in the soul already† He gives an allegory of prisoners in a cave, who have never seen light before. They become free, come out of the cave and see the light. They understand that the shadows are just reflections of real things; they are not the real things themselves. They ascend up to a mountain and see the world for what it really is. Plato uses this story to illustrate what education does for the human soul. We are all born in a dark cave, chained to a wall and cannot see the light. We still around all day looking at shadows, which appear to be so real to us. Education breaks the chains of ignorance. We can ascend to the top of the mountain and look out onto the beautiful world. According to Plato, after the prisoners’ ascend all the way to the top of the mountain, â€Å"they must be made to descend again among the prisoners’ in the den and partake in labors and honors, whether worth having or not. † Plato notes that once a person is educated and has received knowledge and truth, they should go back and teach those who do not know. This still relevant today because we need to not be so focused on how high we climb up the ladder, but we need to be concerned with how we help others achieve their goals. This allegory is also used to describe justice. The prisoners’ in the cave do not know what real justice looks like. The people on the mountain tops must come down and give understanding to those who are lacking it. Plato goes on to describe the type of leader that would be perfect to run the ideal city. The type of leader that Plato describes is someone who is â€Å"wisest about the affairs of the state, and by whom the state is best administered and who at the same time have other honors and a better life then that of politics. â€Å" The ideal leader in Plato’s time is not much different from the ideal leader in our time period. We still want someone who knows and understands the problems of the state or country, who will be a good leader, and will be able to put the welfare of his people before his own. These characteristics are still what many people look for in a dependable leader. Plato describes that a good leader should not be caught up in their own wealth, they should care about their people. This is a very foundational idea that is still important in America today. We desire to have a leader who will be humble and care for us, instead of one that has a hidden agenda. According to Plato, economic self-interest and political power must be kept separate and not be allowed to work in combination to the disadvantage of the state. In mapping out his utopian society, Plato stresses the importance of democracy. In a short piece called democracy considered, Plato talks about how oligarchies decay into democracies and democracies decay into tyranny. Tyranny is formed from pursing one’s pleasures and appetites. Plato claims that â€Å"a man who is deranged and not right in his mind will fancy that he is able to rule, not only over men, but also over gods â€Å"He describes here that a man can not be a leader if he is deranged and thinks that he is the center of the universe. Plato then shows how democracy and tyranny differ. In describing the differences, Glacon says â€Å"They are the opposite extremes for one is the very best and the other is the very worst. † The republic shows many similarities to today’s society. We still have many of the same ideals in education and in government. This piece of work was criticized at the time it was written by is now honored and very influential. It was one of the first writings that began western thinking and formed many new beliefs that influenced the renaissance.

FDI Policies of India and China

FDI Policies of India and China Chapter 1: Introduction 1.1. Overview Foreign Direct Investment is a hot topic in most policy circles as it is associated in many instances with significant macroeconomic changes and improvements in the range of goods and services produced in recipient countries. Furthermore growth in recipient countries is often ascribed to these inflows and so competition for higher inflows of FDI has become competitive. Most of the developing and developed countries increase their economy by enhancing their share in the global market through FDI inflows. As FDI shows more impact on the countrys economy, most of the foreigners are investing their amount in other countries for improving their profits with less manpower and minimum initial cost. These inflows were easily achieved by the investors by just fulfilling their basic requirements and maintaining their policies. FDI can be used by the countries only when they meet some of the major requirements like transfer of capital, a source of funds for foreign operations, Control investmen t and a balance of payments flow (Nicolas, B., 2010). Even though the FDI inflows in developing countries are low that is nearly 5%, this shows more impact on the economy in terms of the development programs by introducing new technologies. This change will be occurred only in the surroundings of investment areas. Here, in this research the FDI inflows between India and China are studied by comparing both the countries. Further of this study clearly explains the various aspects that are considered by the India and China for increasing the FDI inflows in the global market and also illustrates the policies that are followed by China as most of the investors prefer China when compare to the India. Finally, it recommends some of the policies and the changes that need to be made by the Indian Government for improving its FDI inflows. 1.2. Aim and Objectives Aim: To study the variations between the FDI policies of Indian and China based on their inflows and overall performance of the economy. Objectives: To study the importance of FDI and the required fundamental policies for acquiring the FDI. To research on the impact of FDI inflows in India and China based on their overall performance. Identifying the possible steps for Indian policy makers for improving their FDI inflows. Statistically evaluating the comparison between India and China in terms of FDI inflows. 1.3. Purpose of Study This study mainly focuses on the Foreign Direct Investment, the role of FDI in India and China and also illustrates the comparison between these two countries in terms of FDI. This research is selected in order to know more about the investments made by the developing countries and the involvement in international financial banking markets to influence the global and political aspects. This study is mostly useful for the people who are willing to know about the role played by FDI in the fast growing countries like India and China where these two countries differs in their environmental conditions. While researching about the FDI in both countries, one can easily analyze that China is showing more interest in attracting the FDI and is leading their economy when compare to India. So in order to clearly investigate on this point, this study also focuses on the aspects and the policies that need to be designed by the Indian country for attracting the investors and also to increase the ov erall performance of the economy by raising the inflows when compared to China. 1.4. Research Context In this study the researcher is focused on the worlds largest two most populated countries: India and China with a greatest history background. These two countries are known to be fast growing countries in the world and are known for their ample facilities and environmental conditions. These two countries are economically improving their standards in terms of technology and infrastructural growth. However, China is considered to be more positive in terms of attracting FDIs and are almost leading the comparison with India. In this research the time is a biggest constrain and to understand the research physically is really a tough target for the researcher by visiting both countries to meet and interview/ survey the financial organizations experts from various locations. However it is also noticed that in India only the FDI policies are changing from place to place based on the local governments rules and regulations. All the major rules and regulations governed by RBI and Government o f India are applicable, addition to that the investing company also needs to ensure that the environmental and ethical issues are not disturbed by the foreign investors in local and urban areas of various parts of India. As an example, there are some pilgrim places of India which does not allow non vegetarian food or related items so in that circumstance neither Government of India or RBI cannot allow the foreigners to invest their amount for a restaurant or bar and etc. Similarly in China it is one of the largest countries in the world and is having different cultures and backgrounds with in the country. Hence from the above context it is understood that this research will mainly focus on the secondary data available and in some areas it can get into the help of people related to the financial and banking industry. 1.5. Research Methodology For conducting any type of research, the data needs to be gathered by the researcher where this collected information should be in such a way that it is valid and accurate. Researcher need to choose a suitable method from various research methods, by which the researcher can successfully finish the research. Generally there exist two different types, primary data and secondary data. Primary data mainly focus on the aim of the research where the researcher can easily collects the information from various methods like surveys, interviews, etc. Where as in the secondary data, the researcher can collect the data only from the sources like journals, books, magazines, online articles, etc. where the researcher need to collect the accurate data as these recourses will not focus on the aim of research (Kumar, R., 2005). Here in this research, researcher collects the information through secondary data as the main aim of this research is to compare the FDI inflows in both India and China. As t he time is the biggest constrain, it will be really tough target for the researcher to select the primary data as the researcher either need to do interview /survey with the concern persons by visiting two countries where it cannot be possible with the period of time. So, its better to prefer secondary data for gathering accurate information for the research by referring various resources. Hence, the research can be successfully completed by analyzing the collected information and drawing the conclusion from this data. Chapter 2: Literature review 2.1. Overview This chapter will provide the suitable information and required material for completing research successfully with no issues during the research process. At the same time the literature review gives a basic idea about the research problem solving background with additional material from their related background history. The growth of multinational enterprise (MNE) activity in foreign direct investment (FDI) has grown at a faster rate than most other international transactions as well as the trade flows between countries. The research literature review covers the objects related to foreign direct investment, detailed introduction and description of FDI and impacts of FDI. International Monetary Fund (IMF) has defined the FDI as an international investment of one company with the target of enduring relationship i.e. Investments made by company must exceed the equity of Target Company by 10%. The major requirements of the investors will help in faster growth of their organization which is explained by Nicolas, B. (2010) in terms of Control investments, supply of funds for foreign operations, a balance of payments flow and Capital transfers. 2.2. Brief History and background of Foreign Direct Investment In the present world, there exist various investment techniques for the corporations for increasing their growth. If these industries lacks in making right decisions in their investment then it may lead to reduce their growth and their level in the global market. So, many of the countries prefer Foreign Direct Investment (FDI) compare to other techniques because most of the corporations get affected financially due to their investment decisions. Mostly FDI is preferred as it is considered as an integral part of an open and effective international economic system and also referred as the major catalyst to development (OECD, 2002). In the present market, USA stood a number one position in FDI flows. According to Nicolas Breitfeld (2010, p.1), Foreign Direct Investment (FDI) is defined by the IMF as an international investment of one company with the intention of lasting relationship. Foreign Direct Investment (FDI) plays an important role in the financial sector. Generally most of the countries believe that increasing the international linkages through FDI is an important feature of financial globalization and elevates the major challenges for statistics and policymakers in industrial and developing countries (Neil, K. P., 2004). Further of this section, it clearly discusses the views of authors on FDI, the importance of FDI and mainly focuses on the issues that are being faced by the countries while introducing the FDI. Even-though authors define Foreign Direct Investment (FDI) in different ways based on their research it is mainly mend to development on countrys and globalization. Some of the authors views on FDI are discussed below: According to Organization for Economic Co-Operation and development (OECD) (2008, p.62), Foreign Direct Investment (FDI) occurs when a business located in one country (the direct investor) invests in a business located in another country (the direct investment enterprise) with the objective of creating a strategic and a lasting relationship. Here, the author suggests that occurrence of FDI exists only when the business persons invests their money in another country. They invest their income in another country by making some rules and regulations in their relationship. But according to Alexander, L. and IMFD, (2002), foreign direct investment defined as the integration of three components which are illustrated below: The branch profits need to be distributed and divided in equity without any holding withholding taxes. Accrued interest need to be paid to the direct investor by the direct investment enterprise, this can also be referred as income on debt. Earnings are reinvested in proportion with the direct investment stake. In this context, author says that the investment and the interest benefited by the business people need to be redistributed in an equal proportion among the investor and the direct investment enterprise. At the same time, Neil, K. P. (2004, p.3), discusses that according to BPM5 (Balance of Payments Manual) FDI defined as a category of international investment that reflects the objective of a resident in one economy (the direct investor) obtaining a lasting interest in an enterprise resident in another economy (the direct investment enterprise). ÂÂ  Here, the author discuss that FDI indirectly affects the economy of another country as the other country invest their income on another country for gaining interest on their investment. Even though the opinions and views of the authors differs in defining the FDI but all the authors focus on only one point that is the benefit dragged by the investor and the direct investment enterprise. These investors of get benefited globally with FDI on the interest on their investment and also increases their international linkages with the industries established in another country. ÂÂ   2.3. Impacts of FDI Foreign Direct Investment is considered as a driver of economic growth and development for developing countries which often lack the technology or capital to promote sustained economic growth and development. Mostly, FDI is considered as one of the major drivers of globalization as it continuously raises with the high growth rates before the financial crisis hit the world economy. The way through which FDI promotes economic growth and development to the countries is contentious because there is no definitive evidence and lags in supporting the literature. Even though there is no empirical evidence in representing the impact of FDI on the countries there are some theoretical explanations from which one can easily analyse the impacts of FDI on developed and developing countries. According to Bora, B. (2002, p.168), FDI flows were increasing rapidly much more quickly than international trade flows, which in turn were increasing faster than world GDP. Laura Alfaro (2003) says that FDI of fers great advantages to host countries because many of the academics and policy makers argue that there exists a most important positive effect on the development of host countries. FDI not only acts as the source of the valuable technology but also helps the countries in developing the linkages with the local firms that indirectly helps the country in raising the economy. Due to these reasons, most of the developing and industrialized countries offer incentive for encouraging the FDI in their economies. The environmental impacts of foreign direct investment may be positive, negative or neutral based on the institutional and industrial context. Gorg and Greenwood (2002) comes under a conclusion that the effect due to FDI is negative by reviewing the information from the foreign-owned to domestically owned firms. But Lipsey (2002) supports the positive benefits in preferring FDI. FDI flows attained a new record level right from the year 1990 to 2000. Then, from the year 2001 the gro wth in the investment failed and the later years it saw a steady and steep decline in global FDI flows. , Figure: Shows trends in global FDI flows during the year 1991 to 2003 (FDI, 2007, p.7). FDI affects the economic growth of the country in various aspects like it raises the formation of human capital, provides a facility to transfer the technology between the host countries and also stimulates the domestic investment. The relationship between the impact of FDI and economic growth can be easily analyzed with the help of production function and also with the other variables that affect economic growth such as domestic, trade, labour and capital (Falki, N. 2009). Production function was done based on the endogenous growth. According to Kumar, N. (1998, p.112), Direct investment was thought of mainly as a flow of capital, possibly replacing local capital or possibly representing marginal additions to the host countrys capital stock, followed by the necessity of financing dividends and interest, and possibly repatriation of capital. Some of the authors studied on the impact of FDI on economic growth in developing countries where those opinions are illustrated below: Authors views on Does FDI promote Economic Growth in developing countries S.No. Authors name Researched during the year Does FDI promote Economic Growth in developing countries (Yes/No/May be) Explanation 1. Balasubramanyam 1996, 1999 May be Requires open or neutral trade regime 2. Borensztein 1998 May be Depends on education level of workforce 3. De Mello 1999 May be Depends on degree of complementarily and substitution between FDI and domestic investment 4. Graham and Wada 2001 Yes Raised per capita GDP in Chinese provinces with FDI concentration 5. Graham 1995 May be TNCs market power can generate negative impacts 6. Loungani and Razin 2001 May be Risks 7. Lim 2001 May be Depends on tax incentives, regulatory and legal impediments, macroeconomic instability 8. Marino 2000 May be Requires open trade and investment policies 9. Mallampallyand Sauvant 1999 May be Requires human resource development, information and other infrastructure 10. Markusen and Venables 1999 Yes Raises productivity and exports of domestic firms, generates spillovers 11. Rodrik 1999 No Reverse causality: TNCs locate, rather than drive growth, in more productive and faster growing countries Table: Shows the authors explanation on Does FDI Promote Economic Growth in developing Countriesthis is a question? (LyubaZarsky, 2005, p.25) From the above table, it can be understood that out of 11 authors, only 2 authors support that FDI promotes economic growth in the developing countries as they explain that it raises the productivity, exports of domestic firms and stated a practical example that it raised the percapita GDP of china government with the help of FDI. Rodrik, opposed the views of the other authors on supporting the FDI as based on their research. From Rodrik research, it has been stated that it doesnt shown impact rather it was derived as a reverse causality. Apart from these three authors, the remaining 8 authors were in a dynamo whether to support the FDI or not because all these authors states that the impact on FDI on economic growth depends only on the circumstances that the author considers but not on any other aspects. For example: FDI shows more impact on economic growth only when the government fulfil some basic needs such as require open trade, investment policies, human resource development, i nformation, other infrastructure, etc. If these requirements are fulfilled by the government then automatically it get benefited with the FDI but if it fails in reaching those needs then it may face some risks due to the policies and the agreement between the countries. Hence, it can be stated that impacts of FDI directly depends on the situations and circumstances that are being considered by the government. By tightening of international financial conditions will have as awful effect on inflows of FDI. In the recent years, this has been main source of assets for many countries (U. N. Staff. 2009).FDI shows more effect on the economic growth of the countries as it provides various benefits to the countries that acquire FDI are illustrated below (Khan Arshad, 2007): Introduces the latest techniques and technologies of marketing and management with the help of FDI, the developing countries can know more about the latest techniques and the technologies that are being used by the developed countries. By acquiring and implementing these latest technologies in the developing countries, to some extent it can increase its growth in terms of economy. Exploitation and utilization of local raw materials usage of raw materials in the countries will be increased by exporting these excess materials to other countries and get benefited with them by importing other raw materials from other country which are shortage in their countries. Can be easily access to the new technologies as there will be a rapid flow between the countries, each of the country can know more easily about the other country and their religion. Based on this analysis, it can assess and access the technologies in their own region by making contract with the other countries. Financial flows between the countries Foreign inflows between the countries are used for financing current account deficits. The finance flows between the countries are transferred in the form of FDI where it doesnt generate interests and repayment of principal but internally raises the human capital stock through job training. Chapter 3: Empirical Literature on FDI based on INDIA and CHINA 3.1. Effects of FDI on all other countries when compared with India and china The existence of a strong negative relationship between trade share and country size was supported by the literature on trade and development. Country size and trade ratio are inversely proportional in size (larger the size of the country smaller is the trade ratio), the foreign trade, investment, and technology transfer between countries will directly affect the degree of sincerity and competitive pressures emanating from abroad (Pieter, B. 2007). Thus, the impact of these competitive pressures would be much less in a large country such as China and India than that among other East Asian NICs. In recent years china had recognized its need towards foreign trade, investment and technology with the aim of modernization, nothing like the Third World developing countries (India) that impoverished foreign capital. 1984-85 1994-95 1999-2000 2004-05 2006 2007 World 2.2 4.8 18.3 9.0 12.9 14.8 Developed economies 2.1 3.9 19.1 7.7 12.80 15.6 Developing economies 2.8 8.1 15.8 11.9 12.5 12.6 Developing Asia 2.3 7.9 12.1 9.9 11.0 10.6 East Asia 1.9 9.0 14.8 9.3 8.7 8.6 China 1.8 15.9 10.4 7.7 6.4 5.9 South Asia 0.2 1.7 2.4 3.3 6.2 5.7 India 0.1 1.7 2.7 3.1 6.6 5.8 Table 2: shows FDI inflow as percentage of gross domestic fixed capital formation (GDFCF), 1944 -2007. (Source: Prema, C. A. 2009, p.379) The average annual level of FDI inflow for developing Asia had raced sharply from US$ 19 billion during 1984 1985 to US$ 500 billion till 2007, at the same time share to developing countries have raised from 15.1 to 17.4 percent which is shown in the above table. The gross domestic fixed capital (GDFCF) as a share of FDI inflow is higher for all the developing countries in the period 1984 1996 and reversal due to the Asian financial crisis during 1997 98. FDI inflow for developing Asia with the average FDI/GDFCF ratio during entire period 1984 2007 is approximately 9 percent and 7.1 per cent when compared with all the developing countries at the same time the global average is 7.4 per cent. China is the recipient country of inward flow and the largest developing country from past two decades where it has been investigated a theoretical increase in inflow with in developing Asia. Among all the countries china was in the second position for total FDI flow as per the ASEAN countries , with increased average annual level of US$ 3 billion during 2000-2007, and from the year 1980 to 1997 almost before six years china was in the second half with US$ 30 billion which was the onset effect of financial crises from 1997-98, due to decline and with determination from about US$ 35 billion per annum before the year 1997 to an annual average of about US$ 24 billion between 1997-79. Establishment of export-oriented industries is heavily concentrated by chinas FDI, there observation on the share of FIEs for total exports in transition economies of china is two percent of expended persistently before 1980 and approximately 60 percent by the year 2006. India process to increases FDI participation in export- oriented activities which had remained at a outlier region of FDI whose one/third FDI during the independence in 1947 was a major amount of stock as a primary sector with plantation, mining and oil at the same time one/forth was the manufacturing and all the remaining stock s are in services, mostly trade, construction, transportation and utilities. The inflow started increasing in manufacturing from 1960s although with a divestment from this sector of FDI, since, low-wages, low skilled manpower are the Indias huge supply it can attract garments and other simple assembly activities which would indirectly favor the heavy foreign investment industry thus primarily focusing towards domestic market. From mid 1990s a slight increase in software is observed as well as significant competition with the world market at industrial production was not notable (Park, J. H. 2002).some of the difficulties which are to be faced and over come for fast development of the country . India faced many difficulties to attract foreign investors in both products and services market now it is only success to service industry of IT mainly. In order to overcome these difficulties to stimulate domestic demand this is given in three steps: The interest rates should be competitive in RBI. Value added tax (VAT) are to be implemented. Reduce the budget deficit through government. Figure: shows the financial states of India and china GDP the total chinas financial assets is approximately 220 per cent of GDP at the same time Indias financial assets is 160 per cent, countries savings and investment is the great strength for chinas financial system and Indias financial system is outside occur in savings and investments (Sources: Slide share 2008, slide No:18). 3.2. Fundamental policies of FDI India followed market-distorting policies on both foreign and private investments thus with this estimation about barriers for imports and exports are analyzed. Thus it become necessary to control the production and distribution as well as administered price controls etc. The impacts of opening up policies are likely to open up with foreign trade, investment and technology transfer, which would be much less in large countries of china and India when compared with all other East Asian NICs. Chinas opening policies in recent years is the success story with the favorable impact is not only for small economies but also for all large continental economies. China and India may not suffer from a large country constriction for adopting the export-oriented, outward-looking development strategy considerably (Park, J. H. 2002). The reformist policy is to fill the domestic savings gap which is necessary for economic development with foreign capital inflows, along with other goals in advanced for eign technology and managerial skills, and to promote exports to increase the foreign exchange earnings of the country. Due to open-door policy Chinas trade and inflow of foreign direct investment and loans are impressive, thus within a very short time china became a major exporting country, and an export competitor with the East Asian NICs (Newly Industrializing Countries) and ASEAN (Association of Southeast Asian Nations) countries in the Asia Pacific region. The opening policies in china have contributed to the countrys economic growth and development considering all domestic economic events. The Indias economic reforms undertaken in 1991 in light of Chinas experience with the export-oriented, foreign direct investment strategy for economic growth and development which has been examined with superiority of export-oriented, outward-looking development strategies. Thus China can provide important lessons and policy implications in economic development for all Third World developing countries like India. The success story of china open to worlds economy made it ideal for studying the relationship between trade and development as well as for testing the validity of export-promoting development strategy. 3.3. Historical Background and National Goals 3.3.1. History of FDI in India The generational explanation of history is given as follows after Indias independence: during 1947 to 48 there was the British owned the private foreign capital through the national policies resolution which is Swadeshi movement Industrial policy. In the next generation i.e. from 1949 to 1953 foreign investments where far away from trio of domestic business house with foreign capital as well as with the government nationalist sentiments. The second Economic plan was launched in 1957 as industrialization through import substitution and encouraging private investment. Some of the selected industries got foreign collaboration and JV mostly manufacturing companies which are retained participation in India FDI since 1960s, the devaluation of rupee encouraged the socialist idealism banks and foreign oil majors nationalized after late 1960s. After almost 8 years in 1968 the foreign investment board had encouraging investments on there own terms and conduction. In the year 1973as per the F oreign Exchange Act (FERA) which launched a new article that all firms should come together for their foreign equity, holding 40% of foreign equity to be considered as Indian companies due to which IBM as well as coca cola is exited. After seven years of strict vigilance on FDI, from the year 1980 licensing procedures were liberalized to softened, technology transfer and royalty payments relaxed, foreign investment was encouraged wherever possible. During 1900-s rupee value got down, withdrawal of NRI money, India turned to IMF; there was liberalization on trade regime and regulatory frame work. Many of the industries were invited by FDI and in some cases limit was increased from 51% to 100%. The service sector was again opened for FDI. The political instability after 1995 had started but a perception towards FDI had changed due to changes in government kept focus on FDI. 3.3.2. History of FDI in China China has joined the joint venture with other countries in the year1979, and by the year 1986 china became fully foreign owned enterprise. It was divided into four zones namely Shantou, Shenzhen, and Xiamen in the year 1980. After four years in 1984 it was found that chinas economic zone has fourteen cities and whole china combined by late 1900s. There was a rapid economic growth in reform period due to profusion of labour and its low costs, Rapid expansion of Chinas domestic market at the same time plays important role of overseas Chinese for increasing integration with world economy. The marketing effects are generally obtained by imports and exports in both bilateral countries. FDI is very essential for developing countries for Off setting the capital deficiency, Acquiring advanced technology, Gaining production know-how, Promoting exports as well as to Table 2: shows FDI in India-China products Trade (in million US Dollars). (Source: Prema, C. A. 2009, p.379) The two highest population countries of the world are India and China which together contain approximately 40 per cent of the worlds humidity on an adjacent landmass in Asia. Both countries are pride in birthplace of civilization entering the era of sharing worlds greatest development problem. The underdeveloped areas of these two countries is due to huge population relative to land and other resources, around 1950s there was no commitment to national planning for economic modernization as there was new governments of China and India, led by Mao Zedong and Jawaharlal Nehru so as to eliminate poverty and raise the standard of living (Park, J. H. 2002). Approaches to Development: Some of the important characteristics shared within India and China as the wealth of people relative to other rare resources such as arable land, natural resources, and capital suggesting the appropriate strategies for development would have involved production of labor-intensive goods. Among these some are exchanged for imports of capital goods and technology as per the necessity for development. For economic FDI Policies of India and China FDI Policies of India and China Chapter 1: Introduction 1.1. Overview Foreign Direct Investment is a hot topic in most policy circles as it is associated in many instances with significant macroeconomic changes and improvements in the range of goods and services produced in recipient countries. Furthermore growth in recipient countries is often ascribed to these inflows and so competition for higher inflows of FDI has become competitive. Most of the developing and developed countries increase their economy by enhancing their share in the global market through FDI inflows. As FDI shows more impact on the countrys economy, most of the foreigners are investing their amount in other countries for improving their profits with less manpower and minimum initial cost. These inflows were easily achieved by the investors by just fulfilling their basic requirements and maintaining their policies. FDI can be used by the countries only when they meet some of the major requirements like transfer of capital, a source of funds for foreign operations, Control investmen t and a balance of payments flow (Nicolas, B., 2010). Even though the FDI inflows in developing countries are low that is nearly 5%, this shows more impact on the economy in terms of the development programs by introducing new technologies. This change will be occurred only in the surroundings of investment areas. Here, in this research the FDI inflows between India and China are studied by comparing both the countries. Further of this study clearly explains the various aspects that are considered by the India and China for increasing the FDI inflows in the global market and also illustrates the policies that are followed by China as most of the investors prefer China when compare to the India. Finally, it recommends some of the policies and the changes that need to be made by the Indian Government for improving its FDI inflows. 1.2. Aim and Objectives Aim: To study the variations between the FDI policies of Indian and China based on their inflows and overall performance of the economy. Objectives: To study the importance of FDI and the required fundamental policies for acquiring the FDI. To research on the impact of FDI inflows in India and China based on their overall performance. Identifying the possible steps for Indian policy makers for improving their FDI inflows. Statistically evaluating the comparison between India and China in terms of FDI inflows. 1.3. Purpose of Study This study mainly focuses on the Foreign Direct Investment, the role of FDI in India and China and also illustrates the comparison between these two countries in terms of FDI. This research is selected in order to know more about the investments made by the developing countries and the involvement in international financial banking markets to influence the global and political aspects. This study is mostly useful for the people who are willing to know about the role played by FDI in the fast growing countries like India and China where these two countries differs in their environmental conditions. While researching about the FDI in both countries, one can easily analyze that China is showing more interest in attracting the FDI and is leading their economy when compare to India. So in order to clearly investigate on this point, this study also focuses on the aspects and the policies that need to be designed by the Indian country for attracting the investors and also to increase the ov erall performance of the economy by raising the inflows when compared to China. 1.4. Research Context In this study the researcher is focused on the worlds largest two most populated countries: India and China with a greatest history background. These two countries are known to be fast growing countries in the world and are known for their ample facilities and environmental conditions. These two countries are economically improving their standards in terms of technology and infrastructural growth. However, China is considered to be more positive in terms of attracting FDIs and are almost leading the comparison with India. In this research the time is a biggest constrain and to understand the research physically is really a tough target for the researcher by visiting both countries to meet and interview/ survey the financial organizations experts from various locations. However it is also noticed that in India only the FDI policies are changing from place to place based on the local governments rules and regulations. All the major rules and regulations governed by RBI and Government o f India are applicable, addition to that the investing company also needs to ensure that the environmental and ethical issues are not disturbed by the foreign investors in local and urban areas of various parts of India. As an example, there are some pilgrim places of India which does not allow non vegetarian food or related items so in that circumstance neither Government of India or RBI cannot allow the foreigners to invest their amount for a restaurant or bar and etc. Similarly in China it is one of the largest countries in the world and is having different cultures and backgrounds with in the country. Hence from the above context it is understood that this research will mainly focus on the secondary data available and in some areas it can get into the help of people related to the financial and banking industry. 1.5. Research Methodology For conducting any type of research, the data needs to be gathered by the researcher where this collected information should be in such a way that it is valid and accurate. Researcher need to choose a suitable method from various research methods, by which the researcher can successfully finish the research. Generally there exist two different types, primary data and secondary data. Primary data mainly focus on the aim of the research where the researcher can easily collects the information from various methods like surveys, interviews, etc. Where as in the secondary data, the researcher can collect the data only from the sources like journals, books, magazines, online articles, etc. where the researcher need to collect the accurate data as these recourses will not focus on the aim of research (Kumar, R., 2005). Here in this research, researcher collects the information through secondary data as the main aim of this research is to compare the FDI inflows in both India and China. As t he time is the biggest constrain, it will be really tough target for the researcher to select the primary data as the researcher either need to do interview /survey with the concern persons by visiting two countries where it cannot be possible with the period of time. So, its better to prefer secondary data for gathering accurate information for the research by referring various resources. Hence, the research can be successfully completed by analyzing the collected information and drawing the conclusion from this data. Chapter 2: Literature review 2.1. Overview This chapter will provide the suitable information and required material for completing research successfully with no issues during the research process. At the same time the literature review gives a basic idea about the research problem solving background with additional material from their related background history. The growth of multinational enterprise (MNE) activity in foreign direct investment (FDI) has grown at a faster rate than most other international transactions as well as the trade flows between countries. The research literature review covers the objects related to foreign direct investment, detailed introduction and description of FDI and impacts of FDI. International Monetary Fund (IMF) has defined the FDI as an international investment of one company with the target of enduring relationship i.e. Investments made by company must exceed the equity of Target Company by 10%. The major requirements of the investors will help in faster growth of their organization which is explained by Nicolas, B. (2010) in terms of Control investments, supply of funds for foreign operations, a balance of payments flow and Capital transfers. 2.2. Brief History and background of Foreign Direct Investment In the present world, there exist various investment techniques for the corporations for increasing their growth. If these industries lacks in making right decisions in their investment then it may lead to reduce their growth and their level in the global market. So, many of the countries prefer Foreign Direct Investment (FDI) compare to other techniques because most of the corporations get affected financially due to their investment decisions. Mostly FDI is preferred as it is considered as an integral part of an open and effective international economic system and also referred as the major catalyst to development (OECD, 2002). In the present market, USA stood a number one position in FDI flows. According to Nicolas Breitfeld (2010, p.1), Foreign Direct Investment (FDI) is defined by the IMF as an international investment of one company with the intention of lasting relationship. Foreign Direct Investment (FDI) plays an important role in the financial sector. Generally most of the countries believe that increasing the international linkages through FDI is an important feature of financial globalization and elevates the major challenges for statistics and policymakers in industrial and developing countries (Neil, K. P., 2004). Further of this section, it clearly discusses the views of authors on FDI, the importance of FDI and mainly focuses on the issues that are being faced by the countries while introducing the FDI. Even-though authors define Foreign Direct Investment (FDI) in different ways based on their research it is mainly mend to development on countrys and globalization. Some of the authors views on FDI are discussed below: According to Organization for Economic Co-Operation and development (OECD) (2008, p.62), Foreign Direct Investment (FDI) occurs when a business located in one country (the direct investor) invests in a business located in another country (the direct investment enterprise) with the objective of creating a strategic and a lasting relationship. Here, the author suggests that occurrence of FDI exists only when the business persons invests their money in another country. They invest their income in another country by making some rules and regulations in their relationship. But according to Alexander, L. and IMFD, (2002), foreign direct investment defined as the integration of three components which are illustrated below: The branch profits need to be distributed and divided in equity without any holding withholding taxes. Accrued interest need to be paid to the direct investor by the direct investment enterprise, this can also be referred as income on debt. Earnings are reinvested in proportion with the direct investment stake. In this context, author says that the investment and the interest benefited by the business people need to be redistributed in an equal proportion among the investor and the direct investment enterprise. At the same time, Neil, K. P. (2004, p.3), discusses that according to BPM5 (Balance of Payments Manual) FDI defined as a category of international investment that reflects the objective of a resident in one economy (the direct investor) obtaining a lasting interest in an enterprise resident in another economy (the direct investment enterprise). ÂÂ  Here, the author discuss that FDI indirectly affects the economy of another country as the other country invest their income on another country for gaining interest on their investment. Even though the opinions and views of the authors differs in defining the FDI but all the authors focus on only one point that is the benefit dragged by the investor and the direct investment enterprise. These investors of get benefited globally with FDI on the interest on their investment and also increases their international linkages with the industries established in another country. ÂÂ   2.3. Impacts of FDI Foreign Direct Investment is considered as a driver of economic growth and development for developing countries which often lack the technology or capital to promote sustained economic growth and development. Mostly, FDI is considered as one of the major drivers of globalization as it continuously raises with the high growth rates before the financial crisis hit the world economy. The way through which FDI promotes economic growth and development to the countries is contentious because there is no definitive evidence and lags in supporting the literature. Even though there is no empirical evidence in representing the impact of FDI on the countries there are some theoretical explanations from which one can easily analyse the impacts of FDI on developed and developing countries. According to Bora, B. (2002, p.168), FDI flows were increasing rapidly much more quickly than international trade flows, which in turn were increasing faster than world GDP. Laura Alfaro (2003) says that FDI of fers great advantages to host countries because many of the academics and policy makers argue that there exists a most important positive effect on the development of host countries. FDI not only acts as the source of the valuable technology but also helps the countries in developing the linkages with the local firms that indirectly helps the country in raising the economy. Due to these reasons, most of the developing and industrialized countries offer incentive for encouraging the FDI in their economies. The environmental impacts of foreign direct investment may be positive, negative or neutral based on the institutional and industrial context. Gorg and Greenwood (2002) comes under a conclusion that the effect due to FDI is negative by reviewing the information from the foreign-owned to domestically owned firms. But Lipsey (2002) supports the positive benefits in preferring FDI. FDI flows attained a new record level right from the year 1990 to 2000. Then, from the year 2001 the gro wth in the investment failed and the later years it saw a steady and steep decline in global FDI flows. , Figure: Shows trends in global FDI flows during the year 1991 to 2003 (FDI, 2007, p.7). FDI affects the economic growth of the country in various aspects like it raises the formation of human capital, provides a facility to transfer the technology between the host countries and also stimulates the domestic investment. The relationship between the impact of FDI and economic growth can be easily analyzed with the help of production function and also with the other variables that affect economic growth such as domestic, trade, labour and capital (Falki, N. 2009). Production function was done based on the endogenous growth. According to Kumar, N. (1998, p.112), Direct investment was thought of mainly as a flow of capital, possibly replacing local capital or possibly representing marginal additions to the host countrys capital stock, followed by the necessity of financing dividends and interest, and possibly repatriation of capital. Some of the authors studied on the impact of FDI on economic growth in developing countries where those opinions are illustrated below: Authors views on Does FDI promote Economic Growth in developing countries S.No. Authors name Researched during the year Does FDI promote Economic Growth in developing countries (Yes/No/May be) Explanation 1. Balasubramanyam 1996, 1999 May be Requires open or neutral trade regime 2. Borensztein 1998 May be Depends on education level of workforce 3. De Mello 1999 May be Depends on degree of complementarily and substitution between FDI and domestic investment 4. Graham and Wada 2001 Yes Raised per capita GDP in Chinese provinces with FDI concentration 5. Graham 1995 May be TNCs market power can generate negative impacts 6. Loungani and Razin 2001 May be Risks 7. Lim 2001 May be Depends on tax incentives, regulatory and legal impediments, macroeconomic instability 8. Marino 2000 May be Requires open trade and investment policies 9. Mallampallyand Sauvant 1999 May be Requires human resource development, information and other infrastructure 10. Markusen and Venables 1999 Yes Raises productivity and exports of domestic firms, generates spillovers 11. Rodrik 1999 No Reverse causality: TNCs locate, rather than drive growth, in more productive and faster growing countries Table: Shows the authors explanation on Does FDI Promote Economic Growth in developing Countriesthis is a question? (LyubaZarsky, 2005, p.25) From the above table, it can be understood that out of 11 authors, only 2 authors support that FDI promotes economic growth in the developing countries as they explain that it raises the productivity, exports of domestic firms and stated a practical example that it raised the percapita GDP of china government with the help of FDI. Rodrik, opposed the views of the other authors on supporting the FDI as based on their research. From Rodrik research, it has been stated that it doesnt shown impact rather it was derived as a reverse causality. Apart from these three authors, the remaining 8 authors were in a dynamo whether to support the FDI or not because all these authors states that the impact on FDI on economic growth depends only on the circumstances that the author considers but not on any other aspects. For example: FDI shows more impact on economic growth only when the government fulfil some basic needs such as require open trade, investment policies, human resource development, i nformation, other infrastructure, etc. If these requirements are fulfilled by the government then automatically it get benefited with the FDI but if it fails in reaching those needs then it may face some risks due to the policies and the agreement between the countries. Hence, it can be stated that impacts of FDI directly depends on the situations and circumstances that are being considered by the government. By tightening of international financial conditions will have as awful effect on inflows of FDI. In the recent years, this has been main source of assets for many countries (U. N. Staff. 2009).FDI shows more effect on the economic growth of the countries as it provides various benefits to the countries that acquire FDI are illustrated below (Khan Arshad, 2007): Introduces the latest techniques and technologies of marketing and management with the help of FDI, the developing countries can know more about the latest techniques and the technologies that are being used by the developed countries. By acquiring and implementing these latest technologies in the developing countries, to some extent it can increase its growth in terms of economy. Exploitation and utilization of local raw materials usage of raw materials in the countries will be increased by exporting these excess materials to other countries and get benefited with them by importing other raw materials from other country which are shortage in their countries. Can be easily access to the new technologies as there will be a rapid flow between the countries, each of the country can know more easily about the other country and their religion. Based on this analysis, it can assess and access the technologies in their own region by making contract with the other countries. Financial flows between the countries Foreign inflows between the countries are used for financing current account deficits. The finance flows between the countries are transferred in the form of FDI where it doesnt generate interests and repayment of principal but internally raises the human capital stock through job training. Chapter 3: Empirical Literature on FDI based on INDIA and CHINA 3.1. Effects of FDI on all other countries when compared with India and china The existence of a strong negative relationship between trade share and country size was supported by the literature on trade and development. Country size and trade ratio are inversely proportional in size (larger the size of the country smaller is the trade ratio), the foreign trade, investment, and technology transfer between countries will directly affect the degree of sincerity and competitive pressures emanating from abroad (Pieter, B. 2007). Thus, the impact of these competitive pressures would be much less in a large country such as China and India than that among other East Asian NICs. In recent years china had recognized its need towards foreign trade, investment and technology with the aim of modernization, nothing like the Third World developing countries (India) that impoverished foreign capital. 1984-85 1994-95 1999-2000 2004-05 2006 2007 World 2.2 4.8 18.3 9.0 12.9 14.8 Developed economies 2.1 3.9 19.1 7.7 12.80 15.6 Developing economies 2.8 8.1 15.8 11.9 12.5 12.6 Developing Asia 2.3 7.9 12.1 9.9 11.0 10.6 East Asia 1.9 9.0 14.8 9.3 8.7 8.6 China 1.8 15.9 10.4 7.7 6.4 5.9 South Asia 0.2 1.7 2.4 3.3 6.2 5.7 India 0.1 1.7 2.7 3.1 6.6 5.8 Table 2: shows FDI inflow as percentage of gross domestic fixed capital formation (GDFCF), 1944 -2007. (Source: Prema, C. A. 2009, p.379) The average annual level of FDI inflow for developing Asia had raced sharply from US$ 19 billion during 1984 1985 to US$ 500 billion till 2007, at the same time share to developing countries have raised from 15.1 to 17.4 percent which is shown in the above table. The gross domestic fixed capital (GDFCF) as a share of FDI inflow is higher for all the developing countries in the period 1984 1996 and reversal due to the Asian financial crisis during 1997 98. FDI inflow for developing Asia with the average FDI/GDFCF ratio during entire period 1984 2007 is approximately 9 percent and 7.1 per cent when compared with all the developing countries at the same time the global average is 7.4 per cent. China is the recipient country of inward flow and the largest developing country from past two decades where it has been investigated a theoretical increase in inflow with in developing Asia. Among all the countries china was in the second position for total FDI flow as per the ASEAN countries , with increased average annual level of US$ 3 billion during 2000-2007, and from the year 1980 to 1997 almost before six years china was in the second half with US$ 30 billion which was the onset effect of financial crises from 1997-98, due to decline and with determination from about US$ 35 billion per annum before the year 1997 to an annual average of about US$ 24 billion between 1997-79. Establishment of export-oriented industries is heavily concentrated by chinas FDI, there observation on the share of FIEs for total exports in transition economies of china is two percent of expended persistently before 1980 and approximately 60 percent by the year 2006. India process to increases FDI participation in export- oriented activities which had remained at a outlier region of FDI whose one/third FDI during the independence in 1947 was a major amount of stock as a primary sector with plantation, mining and oil at the same time one/forth was the manufacturing and all the remaining stock s are in services, mostly trade, construction, transportation and utilities. The inflow started increasing in manufacturing from 1960s although with a divestment from this sector of FDI, since, low-wages, low skilled manpower are the Indias huge supply it can attract garments and other simple assembly activities which would indirectly favor the heavy foreign investment industry thus primarily focusing towards domestic market. From mid 1990s a slight increase in software is observed as well as significant competition with the world market at industrial production was not notable (Park, J. H. 2002).some of the difficulties which are to be faced and over come for fast development of the country . India faced many difficulties to attract foreign investors in both products and services market now it is only success to service industry of IT mainly. In order to overcome these difficulties to stimulate domestic demand this is given in three steps: The interest rates should be competitive in RBI. Value added tax (VAT) are to be implemented. Reduce the budget deficit through government. Figure: shows the financial states of India and china GDP the total chinas financial assets is approximately 220 per cent of GDP at the same time Indias financial assets is 160 per cent, countries savings and investment is the great strength for chinas financial system and Indias financial system is outside occur in savings and investments (Sources: Slide share 2008, slide No:18). 3.2. Fundamental policies of FDI India followed market-distorting policies on both foreign and private investments thus with this estimation about barriers for imports and exports are analyzed. Thus it become necessary to control the production and distribution as well as administered price controls etc. The impacts of opening up policies are likely to open up with foreign trade, investment and technology transfer, which would be much less in large countries of china and India when compared with all other East Asian NICs. Chinas opening policies in recent years is the success story with the favorable impact is not only for small economies but also for all large continental economies. China and India may not suffer from a large country constriction for adopting the export-oriented, outward-looking development strategy considerably (Park, J. H. 2002). The reformist policy is to fill the domestic savings gap which is necessary for economic development with foreign capital inflows, along with other goals in advanced for eign technology and managerial skills, and to promote exports to increase the foreign exchange earnings of the country. Due to open-door policy Chinas trade and inflow of foreign direct investment and loans are impressive, thus within a very short time china became a major exporting country, and an export competitor with the East Asian NICs (Newly Industrializing Countries) and ASEAN (Association of Southeast Asian Nations) countries in the Asia Pacific region. The opening policies in china have contributed to the countrys economic growth and development considering all domestic economic events. The Indias economic reforms undertaken in 1991 in light of Chinas experience with the export-oriented, foreign direct investment strategy for economic growth and development which has been examined with superiority of export-oriented, outward-looking development strategies. Thus China can provide important lessons and policy implications in economic development for all Third World developing countries like India. The success story of china open to worlds economy made it ideal for studying the relationship between trade and development as well as for testing the validity of export-promoting development strategy. 3.3. Historical Background and National Goals 3.3.1. History of FDI in India The generational explanation of history is given as follows after Indias independence: during 1947 to 48 there was the British owned the private foreign capital through the national policies resolution which is Swadeshi movement Industrial policy. In the next generation i.e. from 1949 to 1953 foreign investments where far away from trio of domestic business house with foreign capital as well as with the government nationalist sentiments. The second Economic plan was launched in 1957 as industrialization through import substitution and encouraging private investment. Some of the selected industries got foreign collaboration and JV mostly manufacturing companies which are retained participation in India FDI since 1960s, the devaluation of rupee encouraged the socialist idealism banks and foreign oil majors nationalized after late 1960s. After almost 8 years in 1968 the foreign investment board had encouraging investments on there own terms and conduction. In the year 1973as per the F oreign Exchange Act (FERA) which launched a new article that all firms should come together for their foreign equity, holding 40% of foreign equity to be considered as Indian companies due to which IBM as well as coca cola is exited. After seven years of strict vigilance on FDI, from the year 1980 licensing procedures were liberalized to softened, technology transfer and royalty payments relaxed, foreign investment was encouraged wherever possible. During 1900-s rupee value got down, withdrawal of NRI money, India turned to IMF; there was liberalization on trade regime and regulatory frame work. Many of the industries were invited by FDI and in some cases limit was increased from 51% to 100%. The service sector was again opened for FDI. The political instability after 1995 had started but a perception towards FDI had changed due to changes in government kept focus on FDI. 3.3.2. History of FDI in China China has joined the joint venture with other countries in the year1979, and by the year 1986 china became fully foreign owned enterprise. It was divided into four zones namely Shantou, Shenzhen, and Xiamen in the year 1980. After four years in 1984 it was found that chinas economic zone has fourteen cities and whole china combined by late 1900s. There was a rapid economic growth in reform period due to profusion of labour and its low costs, Rapid expansion of Chinas domestic market at the same time plays important role of overseas Chinese for increasing integration with world economy. The marketing effects are generally obtained by imports and exports in both bilateral countries. FDI is very essential for developing countries for Off setting the capital deficiency, Acquiring advanced technology, Gaining production know-how, Promoting exports as well as to Table 2: shows FDI in India-China products Trade (in million US Dollars). (Source: Prema, C. A. 2009, p.379) The two highest population countries of the world are India and China which together contain approximately 40 per cent of the worlds humidity on an adjacent landmass in Asia. Both countries are pride in birthplace of civilization entering the era of sharing worlds greatest development problem. The underdeveloped areas of these two countries is due to huge population relative to land and other resources, around 1950s there was no commitment to national planning for economic modernization as there was new governments of China and India, led by Mao Zedong and Jawaharlal Nehru so as to eliminate poverty and raise the standard of living (Park, J. H. 2002). Approaches to Development: Some of the important characteristics shared within India and China as the wealth of people relative to other rare resources such as arable land, natural resources, and capital suggesting the appropriate strategies for development would have involved production of labor-intensive goods. Among these some are exchanged for imports of capital goods and technology as per the necessity for development. For economic