still comprise one third of China’s and Russia’s Gross Domestic Product (Wooldridge, 2012). According to The Economist, China, alone, has 121 SOEs over which the government has direct control (2011). When bank loans are granted, the favored SOEs are the recipients and government controls the reins by retaining a controlling stake of shares. Likewise, SOEs are given preferential interest rates and allowed access to land at prices that are below market value (The Economist, 2011). Government intervention
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defines piracy as "the unauthorized duplication of copyrighted or patented material." It is a problem that affects companies all over the world. Piracy of software, movies, and music is commonplace in China. China has the second worst piracy rate in the world; about 92 percent of the software in China is pirated (Williams 2004). Various companies and governments have attempted to combat piracy, but they had not seen much success until recent years. Combating piracy is a difficult task, especially
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in large part determined by the country’s economic policies implemented by its government. The governments that keep taxation and regulation low have economies that tend to be more resilient to economic downturns. Those that have high taxes and more government programs tend to have stagnated economies. An example of government with low taxation is Singapore whose GDP per capita is one of the largest in the world has extremely low taxes. The per capita in Singapore as of 2011 is 50,324 with
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by the extreme brightness of it. However, after a while, he gets accustomed to the light, and he realizes that the world of shadows in which he had lived his whole life was a mere imitation of reality. Consequently, when he returned to the cave, he has not used to the darkness anymore and his peers
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122-15-1960:Problems and Suggestions. Introduction & Conclusion Introduction: On the eve of the 21st century we are heading towards a world which is entirely dependent on ICT. Scientifically, everyone knows that the world is sphere, however the world can still be considered as flat because of the blessings of Information Technology. In the last fifty years or so, the world has been moving so fast technologically that an enormous demand for IT has developed globally. In light of the outsourcing phenomenon
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AIA103 Australia New World Nation 3. Since the late 1940s, Australia has been transformed from a monocultural ‘British’ society to become one of the most racially and culturally diverse nations in the world. How would you explain this? Today, Australia is considered as one of the most successful nations in building a tolerant, inclusive, and culturally diverse society. Many people are willing to live in this land. However, the pace to this successful society is very tough. For the first
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World Hunger: The Ethical Issues Involved With Minimizing It Between now and tomorrow morning, 40,000 children will die from starvation. The day after tomorrow, 40,000 more children will die. Nearly 870 million people of the 7.1 billion people, or one in 8 people, in the world suffer from undernourishment. Almost all of the hungry people, 852 million, live in under developing countries while the other 15 million live in developed countries. World hunger has been and will continue to be an ongoing
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Discuss the principal feature of democratic government and non-democratic government. Give an example of each. The principal feature of democratic governments is that the power resides with the people. In a democratic system, governments are established and updated through free and fair electoral processes. Through these processes, the populace elects representatives from competing political parties. The chosen (elected) representatives govern on behalf of the people who elect them. Further
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human right in a democracy for one to express his or her thoughts, be it about the government or an occurrence. The individual can express negative or positive attitude towards the government or an occurrence. It’s normal for a positive expression to be well received, but it also hurts if the negative is said about let’s say the government. It also depends on the extremes of the criticism. An individual can decide to express in a newsgroup something like “the government is not doing well enough to ease
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Americans believe that the best economic system is the “dog eat dog world” market system. I believe the best economic system in the world is the mixed also known as the Cradle-to-Grave Welfare. The question is Should Canada and the United States have a common economic system with little government involvement? I will talk about mixed and market economic system and my opinions on both as well as which one is more beneficial for Canada. Market system, This economic system has become less and less
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