...The quick increase in the middle class in Asia, which is estimated 66% of the world’s middle class by 2030, has raised enormous demand for consumer goods and services, including those that are dominants of Australia firms-food, resources, education, health care and services. These advantages are really essential for Australia business to compete with local industries and the others potential foreign providers. In particularly: * “The Asia century” requires the development of financial institutions and markets and makes the larger demand for insurance, banking, risk and wealth management services. This could be completely supported by Australia financial system which is highly appreciated in both professional products and services offered, in which insurance and finance are the fourth biggest sector in Australia economy. * During the past 10 years, Asia’s appetite for Australia natural resources, especially mining, has increased. This can be illustrated by the fact that Australia firms have enough experience and capability to exploit the available natural resources and set up related industries. * Focusing on human capital investment in Asia gave Australia advantages. In particular, with a high-ranked education system in the world, Australia universities, colleges and schools are attracting a humorous number of international students, especially Asia ones. In addition, the excellent health care products and procedures as well as great medical system are also demanded...
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...RESEARCH PAPER 99/14 11 FEBRUARY 1999 The Asian Economic Crisis This paper considers the economic crisis that began in the financial markets of South East Asia in 1997 and the consequences for the economies of the region and the rest of the world. The paper provides a chronology of and explores the factors that led to the crisis. An overview is given of the policy measures that the international financial institutions (IFIs), such as the IMF, have taken to deal with the crisis. Some of the arguments and policy proposals made to try to avoid future crises are also covered. Eshan Karunatilleka ECONOMIC POLICY AND STATISTICS SECTION HOUSE OF COMMONS LIBRARY Recent Library Research Papers include: 98/119 98/120 99/1 Unemployment by Constituency - November 1998 Defence Statistics 1998 The Local Government Bill: Best Value and Council Tax Capping Bill No 5 of 1998-99 16.12.98 22.12.98 08.01.99 99/2 99/3 99/4 Unemployment by Constituency - December 1998 Tax Credits Bill Bill 9 of 1998-9 The Sexual Offences (Amendment) Bill: 'Age of consent' and abuse of a position of trust [Bill 10 of 1998-99] 13.01.99 18.01.99 21.01.99 99/5 99/6 99/7 The House of Lords Bill: 'Stage One' Issues Bill 34 of 1998-99 The House of Lords Bill: Options for 'Stage Two' Bill 34 of 1998-99 The House of Lords Bill: Lords reform and wider constitutional reform Bill 34 of 1998-99 28.01.99 28.01.99 28.01.99 99/8 99/9 99/10 99/11 99/12 Economic Indicators Local Government...
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...Strengthening the Ombudsman Institution in Asia Improving Accountability in Public Service Delivery through the Ombudsman About the Asian Development Bank ADB’s vision is an Asia and Pacific region free of poverty. Its mission is to help its developing member countries reduce poverty and improve the quality of life of their people. Despite the region’s many successes, it remains home to two-thirds of the world’s poor: 1.8 billion people who live on less than $2 a day, with 903 million struggling on less than $1.25 a day. ADB is committed to reducing poverty through inclusive economic growth, environmentally sustainable growth, and regional integration. Based in Manila, ADB is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance. Strengthening the Ombudsman Institution in Asia Accountability is essential for good governance, and in many Asian countries the ombudsman is the key accountability institution. Originating in the West, the concept of the ombudsman arrived relatively late in Asia. Yet more and more ombudsman offices are being established in Asia, and they play a critical role in the fight against incompetence and injustice on the part of government officials. This report presents in-depth research on Asian ombudsmen, with a focus on best practices and emerging issues, especially in the context...
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...Hana Bank is one of the leading banking companies in South Korea, behind Shinhan Financial Group, Kookmin Bank, and Woori. Hana Bank was founded in 1991. It took over Chungchong Bank and was merged with Boram Bank in 1998, and later it acquired the government-owned Seoul Bank in 2002. Hana Financial Group offers commercial and retail banking, insurance, trust services, currency exchange, and credit cards through more than 625 branches. Hana Bank established itself as a private bank serving wealthy clients; it carries about a third of the nation's market share of private customers. The company's international growth plans include ventures in China, Southeast Asia, the Middle East, and the former Soviet republics; it also hopes to target Korean clients in the US and Europe. In 2007 it bought a majority stake in Indonesia's Bank Bintang Manunggal. It also established Hana Bank China, which now operates about a dozen branches and offices. Then in 2008 it announced plans to buy a 20% stake in Bank of Jilin, which has more than 200 branches in northeastern China. There are numerous reasons I applied for the internship. I think choosing my career before I actually get to know it is like marrying someone I have never met. This world experience will help me to make more educated career choices. I believe that this is my chance to start explore careers in different fields and investigate specific areas within my current area of interest (Finance). I also believe this will enhance my academic...
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...Journal of Information Technology (2012) 27, 198–212 & 2012 JIT Palgrave Macmillan All rights reserved 0268-3962/12 palgrave-journals.com/jit/ Research Article Key information technology and management issues 2011–2012: an international study Jerry Luftman1, Hossein S Zadeh2, Barry Derksen3, Martin Santana4, Eduardo Henrique Rigoni5, Zhengwei (David) Huang6 1 2 Global Institute for IT Management, Fort Lee, NJ, USA; DIBA Group Pty Ltd, Melbourne, Australia; 3 Business & IT Trends Institute, University of Amsterdam (VU), Amsterdam, The Netherlands; 4 Graduate School of Business, ESAN University, Lima, Peru; 5 ˜ Universidade do Vale do Rio dos Sinos, Sao Leopoldo, Brazil; 6 College of Economics and Management, Three Gorges University, China Three Gorges University, Yichang City, Hubei, China Correspondence: J Luftman, Global Institute for IT Management, Suite 15L, Fort Lee, NJ 07024, USA. Tel: þ 612 6128 7323 Abstract The importance of the impact of IT for organizations around the world, especially in light of a very slow recovery from the global financial crisis, has amplified the need to provide a better understanding of the specific geographic similarities and differences of IT managerial and technical trends. Going beyond identifying these influential factors is also the need to understand the considerations for addressing them in light of recognizing the respective local characteristics, especially when operating in a globally linked environment, although somehow...
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...World Economic and Financial Sur veys Regional Economic Outlook Middle East and Central Asia 09 I N T E R N A T I O N A L M O N E T A R Y M AY F U N D W o r l d E c o n o m i c a n d F in a n c i a l S u r v e y s Regional Economic Outlook Middle East and Central Asia •••••••••••••••••••••• 09 I N T E R N A T I O N A L M O N E T A R Y F MAY U N D ©2009 International Monetary Fund Cataloging-in-Publication Data Regional economic outlook : Middle East and Central Asia. – [Washington, D.C.] : International Monetary Fund, 2009. p. ; cm. – (World economic and financial surveys, 0258-7440) ISBN 978-1-58906-842-1 “MAY09.” Includes bibliographical references. 1. Economic forecasting – Middle East. 2. Economic forecasting – Asia, Central. 3. Middle East – Economic conditions. 4. Middle East – Economic conditions – Statistics. 5. Asia, Central – Economic conditions. 6. Asia, Central – Economic conditions – Statistics. I. International Monetary Fund. II. Series: World economic and financial surveys. HC415.15.R445 2009 Please send orders to: International Monetary Fund, Publication Services 700 19th St. N.W., Washington, D.C. 20431, U.S.A. Tel.: (202) 623-7430 Fax: (202) 623-7201 E-mail: publications@imf.org Internet: www.imfbookstore.org The views expressed in this publication are those of the contributors...
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...presented by the article runs from agriculture through manufacturing and only later to services. As the author explained, the logic supporting the conventional path towards an advanced economy is straightforward and development typically involves moving workers from low-productivity activities such as farming to high-productivity sectors, as industry for instance. The Asian miracle followed this pattern, when cheap labour, raw goods, and lower business costs offered by Southeast Asia countries were key factor in attracting global capital and a shift from agriculture economic-based to manufacturing. However, “the Asian Miracle” faced a serious crisis in 1997 and interrupted the cycle. Nowadays, they started to enter on the service momentum. A2) How is India’s growth apparently refuting usual trend? India’s growth is going straight from agriculture to services, leapfrogging manufacturing, thanks to technology and outsourcing, which allows modern services such as software development, call centers and insurance claims, use skilled workers, exploit economies of scale and export those services worldwide. Going deeper in this case, Ejaz Ghani (2010) explains that the growth experience of India and other South Asian countries suggests that a Service Revolution—rapid income growth, job creation, gender equality, and poverty reduction led by services—is now possible. The promise of the Service Revolution is that countries do not need to wait to get started with rapid development. There...
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...The first international institution that I will be using is the World Bank, which operates in more than 100 countries. The World Bank is crucial to providing funding monetary and technical support to emergent countries all over the world. The World Bank focus is to assist fight poverty and provides populations in different countries the resources needed to run their country affectively. The World Bank helps countries build relationships, share knowledge and establish partnerships, within the public and private sector. The World Bank is an international financial organization that advances money to emergent countries and regions. Some of those countries and regions include Asia, Europe, North and South America, Middle East, and Africa. The World Bank believes in growth from within; meaning that the growth of a country should start within that country. Currently, the World Bank focus that they use to help make sure that poor countries have a range of financing options that will help poor countries meet their current and future needs. There are three supporting factors that World Bank uses to ensure that their efforts are working. Those three factors are Results, Reform, and, Open Development. The World Bank believes that by becoming aligned with the countries that they work with create a focus on delivering quantifiable results. The new Reforms that the World Bank has put in place are targeted at improving every aspect of their work with countries in poverty. The...
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...Many people have not really thought of Middle Eastern Americans as a significant racial group in the United States until after the attacks on September 11, 2001. What people do not realize is that this group of people has been in the United States for a very long time and it is usually not until something big happens that we tend to notice them within our ranks as Americans. During this paper, I will give a very brief history of the Middle Easterners immigration to the United States. There will also be talk of what their experiences have been like in the country, as well as the political, social, and cultural issues and concerns that have proven evident throughout American history. This paper will also talk about legislation enacted to constrain and then later alleviate prejudicial boundaries. The first known rush of Middle Eastern decent individuals immigrating to the United States on their own free will was in the 1880’s, during the Great Migration. Before this, the Middle Easterners were usually of slave decent, as Spanish traders around the late 15th century brought them for trade in the Americas. During the Great Migration, this group immigrated to the United States for many of the same reasons others did. The main driving factors were religious, political, and economical factors. It has been sad that most of the immigrants, almost 70 percent, that came to the United States from the Middle East during the period of 1899-1910 were mostly illiterate and poor. As the...
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...Robert B. Marks, The Origins of the Modern World: A Global and Ecological Narrative Value of Book Wonderful synthesis of recent scholarship on Rise of the West literature with an economic and ecological focus. Uses Global Historical Context to address most issues addressed in the Modern World History course. Use as: Teacher background Use isolated quotes/ chapters for all levels Review book at end of AP curriculum for review Questions raised: 1. How did industry and European-style countries called nation-states—rather than highly developed agrarian empires like China and India—come to define our world? 2. How has the gap between rich and poor increased? 3. How and why have European ways of organizing the world come to dominate the globe? 4. Was the Rise of the West a temporary blip? Scope: Global look (but especially Europe, China and India) 1400 -1900 Chapter by chapter breakdown: Intro “In the space of just 200 years, the world has seen a great reversal of fortune: where once Asians held most of the economic cards, today it is primarily Western countries and Japan.” (p. 2) Concepts addressed/ introduced in chapter: Globalization Enlightenment Communism Nation-states French Revolution Weber-Protestant work ethic Disease Industrial Revolution “modernization” Exploration/ Encounter “Progress History” Colonialism Renaissance Capitalism Slavery Modes of Historical Inquiry Comparative units of analysis Definition of Eurocentrism ...
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...CASE STUDY Merry Management Training Merry was a training consultancy producing a range of management training courses. Their own staff delivered the courses. They also marketed a range of distance learning management courses which they marketed internationally through agents. A client that successfully completed a training course would receive a Merry certificate. In the mid-1990s John Razor of Merry investigated the possibility of entering the Middle East. Research had shown that there were potential opportunities for distance learning management programmes, particularly in the Gulf States. By chance he met Yabmob Nig, the managing director of a small management consultancy firm based in Dubai called Ala-Meer Ltd. Ala-Meer was owned by two partners, Yabmob Nig and a silent partner who took no part in the management of the business. The silent partner, a local Dubai businessman, was necessary because Yabmob Nig was an expatriate from India and so could not be sole director of the business. Yabmob and John had a series of meetings and developed a good rapport. It was not thought necessary to draw up a detailed contract at this stage and so a brief memorandum of understanding (MOU) was signed. The main terms of the MOU were as follows: Client numbers grew rapidly and everyone was pleased with the market development. Merry was dispatching a large volume of material to the Middle East and Merry staff were conducting seminars in the region on a regular basis. This was the honeymoon...
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...05/13/ 2013 If I had a dream…. There would not only be peace in the Middle East, but around the world as well. America would no longer have to battle terrorist cells and other such evils in or outside of America. It would be like every day on the news we would hear only about the positive, and not news we're hearing how rampant violence is in our communities, both here in America and around the world. There is so much going on for a better world all around us that the mainstream media never shares with us. What actions can we take as a nation to make this dream come true? We can create harmonious relationships with our family, friends, coworkers and community members. We all can learn how to forgive people who have harmed you in the past. Everyone can learn how to forgive yourself for harm you have inflicted on others. Also we can heal painful wounds within you, family, community and nation. We can work on always being honest. We all can help protect the earth and teach peace to children. We can teach non-violence by example. We all can be leaders in the struggle for human decency. We all can respect the dignity of each person. We can express your views on peace to government officials. We can change a potential enemy into a friend. Everyone can help someone and be more loving and fair. Everyone can commit themselves to nonviolence, support nonviolent solutions to global issues. Everyone can speak out for a nuclear-free world. What actions can...
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...Introduction Economic globalization is rampant in the business world between all continents. Fueled by transnational circulation of ideologies, languages and the use of bi-lateral ties to improve the economies of less developed countries to the extent of embracing enhanced forms of barter system such as to use the population of a lesser developed country to manufacture products for a 1st world country. Jobs are created for the needy; products are manufactured for the other. Student exchange is a form of a globalization effort where students are exposed to an alternative lifestyle. Candidates who take part in such programs, such as the one run by The Council of Local Authorities for International Relations or CLAIR together with several Japanese Ministries, brings in to Japan, participants from over 36 countries with a total of *4,334 participants to date in a globalized effort to promote grass roots internationalization at the local level by inviting these participants to assist in international exchange and foreign language education in their local governments, boards of education and schools through out in Japan. The Japanese seeks to foster ties between the Japanese citizens and the participants through a project known as JET or The Japan Exchange and Teaching Program. Challenges are plenty, but can be resolved. Let’s take a look at a situation that had taken place a couple of years back regarding a student and her superior during her stay in Japan. * Source...
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...scholars, concerned not only with the external world but the development of the internal consciousness; the Ottoman based on a new monotheistic religion that stratified society, but also allowed numerous mathematical, scientific, and medical advances, copied by the Europeans after the Crusades. Islam began about 700 AD in the Saudi Peninsula, which at the time, was composed mostly of nomadic tribes, a few trade cities, and a disparate population. Through religion, the Arab peoples were united, so that by the years of 900-1200 AD, the Ottoman Empire could be called a state unto itself. It quickly proved to be a military strength and threat to its neighbors, at its height growing from the Iberian Peninsula through India and into Southeast Asia. The Turks expanded their empire through brilliant military tactics, horse archery, and new technologies in battle. Coupled with this more practical sense, the idea of spreading Islam, and the uniting of cultures through culture and religion, proved to be equally as powerful (Goodwin, 2003). The Ming Empire, on the other hand, had no central religion or cultural basis, unless one considers the philosophies of Confucianism. However, the success of the Mings came from the intellectual and philosophical manner in which the ruling class brought together disparate peoples, a hierarchical class structure, and the idea that regardless of the class one is born into, education and knowledge were the tools for advancement. All aspects of society...
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...SUBJECT: Art & Architecture TOPIC: Mosaics Introduction A simple form of art, Mosaic uses hundreds of small tile or pottery pieces to build large pictures and images either on the floor or on walls. The tiny little pieces of tile are known as tesserae. This technique has been adopted by many cultures throughout such as in Rome, Greece and in Middle East. The technique used in its cladding is very effective due to which this art form is long lasting Popular belief states that the Middle eastern architecture is heavily influenced by the middle ages roman and Byzantium culture and therefore has included their signature style of mosaic art form in their architecture. This holds true because the Middle Eastern region makes extensive use of this art form in its architecture especially in mosques and other such structures. Byzantium essentially inherited the mosaic art form from the Roman Empire. Even though now, Middle East is predominantly Islamic, it was once inhabited by other religions such as Greeks and Romans, thus mosaic art is invariably a part of architecture throughout the Middle Eastern region. But an important difference in Byzantium and Islamic mosaic art is the motif itself. Byzantium and Roma era made extensive use of animal and human figures. The mosaic art was depiction of life, thus extensive use of animals, birds and human forms. But in sharp contrasts, Islamic architecture even though has embraced mosaic art; it did not adhere to anthropomorphism. Adaptation...
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