Write an evaluation of a published macroeconomic forecast Essay

Write an evaluation of a published macroeconomic forecast - Essay Example This means that there is continuous growth in future, which is brought by the banks’ new advances made on the credits extended to customers. In the next quarter the economy is expected to perform even much better. Another contributor to the economic growth is the housing for the last more than 5 months, sales of real estates hasbeen evident. This is backed by the new modern homes that have been constructed and some which are still under construction. For example, CoreLogic Home Price Index rose by 1.1% in a year. This is according to chapter three of the (economic forecast publication r April 2014). In comparison, the housing construction and sales vary by 9%, construction rate being higher than the sales. This is a growth indicator. Manufacturing and processing sectors have added wonderful growth indicators to the economic growth. The May returns of this year are anticipated to be the highest for the last three years. This follows last years 5% growth, which is highest for the last three years now. Key assumptions here are that: the government does not take care of the borrowers where the cost of loans is very high. The government assumes that there is general growth. They don’t take care of the private sectors and individuals who bear the high cost of economic growth through coast of loans. The second assumption is the policy of selling the homes. It is more beneficial to hold investments than sales, especially real estates. This is in regard to the principle of the investment multiplier concept. The audience of this information is the potential investors, shareholders and the government agencies. Some areas have been exaggerated. Firstly, the sales of assets are lower in long term growth in GDP. Anothe r one is the high cost of loans shifted to borrowers. The borrowers are economically affected. Labor market shows a negative image compared to developments as said earlier in the US economic

From Isolationism to Interventionism. America's evolution Essay

From Isolationism to Interventionism. America's evolution - Essay Example These guiding principles defended their homeland borders and remained self-sufficient and unconcerned with the rest of the world. The policies changed to interventionism, which was founded on the principle of directly intervening in the affairs of other nations. The change was because of the American’s perception of the most decent and had the proper way of living, governing and hence it would take measures to guide other nations towards the same direction. Initially, the nation was largely non-interventionist state, which preferred to focus on domestic affairs and pay attention to economic policies abroad. The change occurred after the Cold World War when America was forced to storm into the war when Japanese pilots bombed the naval base at Pearl Harbor in December 1941. This changed the United States to an interventionist state. The idea of communism and the threat of Soviet Union influenced every foreign policy adopted by the U.S. A recovery program that was passed by Congr ess in 1948 sent relief funds into Western Europe and this created an influx of business in America. America later worked towards freeing nations referred to as the third world. They started practicing a policy of self-determination, not seeking conquest or economic control but instead instilling governments that were friendly. The United States through the United Nations intervened into the war between the communist government of Korea and the Republic of Korea since they saw that the Republic of Korea needed help to avoid being overrun. This war finally settled in 1953 and the borers were restored exactly as they were before the war broke. The conflict in Vietnam began in 1945 when the Vietminh declared Vietnam self-governing from France. The United States though had promised to accept the results of the elections, which were conducted in 1956 to unite the two separate nations under one democratically elected official later in 1956. They ignored it and provided weapons and trainin g for the friend faction in Vietnam and sent CIA Operatives to destabilize the Vietminh clandestinely. During the 1950s, the US government had supported a change in control of Cuba when Fidel Castro led the supporting revolution. After Castro came into power, he severed all ties with the United States and became more open about his socialist leanings. Later, the United States funded and trained troops that led a coup attempt to wrest control from Castro, which failed. John Blight said that the relation between Castro’s government and America was indirectly responsible for the alliance between Cuba and the USSR. President Harry S Truman (1945 to 1952) set before Congress his domino theory, which showed that if one pertinent nation fell into communism, it would drag all its neighbors. This led to the Truman Doctrine in 1947, which contributed to demolishment of communism (Patrick 111). Truman laid out is Point IV Program in 1949 which intended to give technical aid to third wor ld nations and also aided formation of the North Atlantic Treaty Organization which intended to counter the Soviet threat in Western Europe. President Dwight D. Eisenhower was in power between 1952 and 1960. He propagated the interventionist policies where in 1953 he used the CIA to stage coups and overthrow unfriendly governments in Iran and Guatemala. He helped to form the Southeast Asia Theory Organization after the fall of Vietnam from French control to Vietminh control in 1954. He acknowledged that there were background events and people involved in various aspects of American Interventionism. It became necessary to review the interventionism and look at different sides to debate. One of the issues was that getting involved

Economic Implications of the EU's Single Currency on German Economy - Dissertation

Economic Implications of the EU's Single Currency on German Economy - Research Plan - Dissertation Example Research Questions and Rationale for the Chosen Research Questions 1. What are the negative effects being created through the introduction of a single currency Euro on the German economy? 2. Does the benefit outweigh the disadvantages of using fixed exchange rate policy? 3. What are the economic consequences of using fixed exchange rate based on the economic experiences of Germany? Several authors suggest that it is wrong to believe that the use of a single currency could solve economic problems related to high unemployment rate, high inflation rate, low exportation volume, and economic stagnation (Carbaugh, 2009, p. 282; Frankel & Rose, 2002). For this reason, the first research question in this dissertation plan aims to identify and determine the negative effects associated with the introduction or use of a single currency on the economic situation in Germany. The EU’s single currency was implemented for the purpose of enhancing the inter-regional and inter-state trading amo ng the members of the European Union easier (European Commission. The EU Single Market, 2011). On top of the significant reduction in the cost of inter-regional and inter-state trading, the use of EU’s single currency could increase the market opportunities and promote price stability for the EU members (Canuse & Driga, 2010; Goodhart, 2007; Luker & Townroe, 1999). Considering the economic advantages associated with the use of a single currency, the second research question aims to determine whether or not the disadvantages of using a single currency under a fixed exchange rate policy outweigh its economic benefits. As a huge country, Germany was highly dependent on the exportation of agricultural, mining and industrial products since 1950s (Boyes, 2007). As part of examining the economic consequences of using a single currency, the third research question aims to explore how the use of a single currency under a fixed exchange rate policy has adversely affected Germanyâ€℠¢s ability to export agricultural, mining and industrial products today. Detailed Overall Planned Structure of Dissertation The proposed structure of the dissertation is based purely on secondary research data. In gathering related literature for this research topic, the researcher utilized the available books and other academic research materials and journals from the library of ____________(insert name of school) on top of the electronic reading materials which can be easily located using the Internet. In providing the readers with a better idea behind the need to introduce a single EU currency among the members of the European Union, the introduction part identified the 27 countries that agreed to become a part of the European Union. Aside from discussing the main purpose of conducting a literature review on this subject matter, the introduction part also provided a clear explanation behind the need to implement the Euro currency back in 1999. Since this study aims to determine t he economic implications of using EU’s single currency on German economy, the body of this research paper focused on addressing the research questions which served as a guide in conducting a literature review on this subject matter. In line with this, the body of the research paper includes determining the negative effects of introducing a single Euro currency on Germany’

Business Essay Example | Topics and Well Written Essays - 2000 words - 5

Business - Essay Example Scholars also mention that Emotional Intelligence (EI) has strong influence on the performance of employees (EP). The basis for such a statement is the assumption that emotional intelligence can enhance individual, team and organizational effectiveness. The aim of this paper is to critically examine the relationship between emotional intelligence and employee performance. In particular, this paper aims at defining why emotional intelligence is important for employee performance and how the two concepts are related. First of all this essay will attempt to provide a reader with a basic understanding of what emotional intelligence and employee performance are. Secondly, the paper will utilize existing scholarship research in order to identify the relationship between emotional intelligence and employee performance. Thirdly, analysis and evaluation of the relation between emotional intelligence and employee performance will be conducted in order to determine whether emotional intelligenc e is important for employee performance or not. Finally, the presented work will provide conclusions outlining the relationship between emotional intelligence and employee performance, as well as limitations of the given research. ... It is an ability to recognize and understand own emotional responses of self and other people accurately (Cherniss and Adler 2000, 13). The statement of Allameh et al. (2011, 349) also supports this definition saying that emotional intelligence is not a simple quality of a personality; instead, it is a combination of capabilities, which includes comprehension, judgment and perceiving of emotions – own emotions and emotions of other people. Mcshane, Olekalns and Travaglione (2010, 130) have identified four dimensions of emotional intelligence. They are self awareness, self management, social awareness and relationship management. This classification goes in line with the findings of Boyatzis, Goleman and Rhee (1999, 3). These researches have determined that â€Å"emotional intelligence includes two dimensions, internal and external. The self awareness, self image, independence feeling, self realization capacity and decisiveness regard as internal elements. The external element s are inter-individual relationship, compassion and feeling of responsibility.† Finally, many scholars and researchers argue that emotional intelligence have positive influence on employee’s job satisfaction, ability to deal with stress, and work attitudes (Mustafa and Amjad 2011, 241; Allameh et al. 2011, 348). 2.2 Employee Performance (EP) Wu (2011, 22) described employee performance as the amount of effort that employees input into their jobs. The definition of Schermerhorn, Hunt and Osborn (2005, 122) is quite similar – it states that employee performance includes two elements: quantity and quality of final results brought by employee’s or team’s effort achievement. Moreover, Befort and Hattrup (2003, 17) present another perspective at the

My Role as a Facilitator During Group Discussions Essay

My Role as a Facilitator During Group Discussions - Essay Example This paper is essential in every aspect of my academic life as it unearths my role as a facilitator during our group discussions this semester with my roles during such learning processes clearly highlighted. Individual group learning stems from the fact that as learning process becomes significant to the learning process, significant attempts shifts the learning process from the instructor’s perspective to a student learning characteristics with emphasis on an individual’s ability to organize and sustain a learning process for knowledge acquisition and learning management. (Duncan, 2006) My earlier pre-college life offered very little meaning as to what Occupational Therapy (OT) really entailed. In my wild thoughts, I had always thought of Occupational Therapists as individuals with no clearly defined role often taking up counseling roles to justify their qualification in the field. Having enrolled for an OT has indeed changed these preconceptions. Ideally, I had never experienced group learning or group facilitation as a teenager and my earlier experiences worked very little for me to improve on that general perception and so I was somehow nervous on how to set the ball rolling in motion. The College of Occupational Therapists, (COT) views â€Å"people as occupational beings† and that the discipline empowers people to fulfill or enhance their role as occupational beings. (Sabonis-Chaffe & Hussey, 1998) Within this regard, Occupational therapists ‘promote function, quality of life and the realization of people’s potential in experiencing occupational deprivation, imbalance or alienation† (COT, 2009) through collective efforts of persons. I had never had an experience towards group work and influenced what impact this would have had in my presumed social functions as an occupational therapist. My reflective interest in group facilitation derived from a creative group conducted during my course placement. Reflection, in es sence, is an old phenomenon; investigative studies by Boud, Keogh, and Walker argued that reflection is essential as it enables people to focus on their learning and experiences thus creating a new informed conceptual framework of understanding. Subsequently, group leadership assists members to capitalize on the various skills, ideas, and talents that exist among the group members for goal formulation and achievement. Putting together my leadership skills and learning process during the therapeutic classes, I facilitated a creative brainstorming session to reflect upon various issues in occupational therapy and group dynamics.  Ã‚  

Paraphrase the paragraphs in the document Essay

Paraphrase the paragraphs in the document - Essay Example n the Chinese stock market, there are basically five classes of stocks: the ordinary domestic stock (A shares), foreign shares (includes B, h and N shares), legal entity shares (C shares), government shares and employee shares. Of all the five groups of shares in the Chinese stock market, the A shares have attracted the interest of most researchers. The A shares are listed in the Shanghai Stock Exchange as well as the Shenzhen Securities Exchange. The quotation of the A shares in both financial markets is done in the Chinese renminbi Yuan and only individuals who live in the country can buy the shares. Further, the Chinese stock market differs from its counterparts in developed nations on the basis of regulations and restrictions. In the Chinese stock market, the process of offering IPOs is characterised by strict regulations and restrictions than those in developed nations. The China Securities Regulatory Commission (CSRC) sets the rules for the Chinese stock market and ensures all the dealings are conducted in accordance with the set rules. Besides determining the newly issued shares’ annual quota, the CSRC is also responsible for setting the method of determining the offering price for new shares. The CSRC is charged with the responsibility of determining the allotment of quota to different areas and provinces via specific criteria, thus providing the number as well as cumulative value of IPOs awaiting listing on the stock market. The CSRC determines the fixed offering price (online) by multiplying the company’s earnings per share by preset price earning ratio (P/ E ratio). As a result, the Chinese IPOs receive little or no feedback because of the inflexibility of the method used for setting the offer price, which makes it difficult to respond to market changes (Su & Fleisher 1999). Critically assessing the features of the Chinese stock market, it is apparent that there are many factors interplaying to yield the Chinese IPO underpricing. The factors

Job Hunting in the Health Care Environment Essay

Job Hunting in the Health Care Environment - Essay Example Medical jobs for the health care environment are available in different health care facilities. The jobs have high benefits and a lot of remuneration; therefore, the vacancies are highly competitive. Qualified professions apply for jobs. The health care environments providing these jobs include hospitals, school systems, long-term care facilities and residential based programs. The increase of the number of people opting to study health care programs is because of increase of demand for the health care professions. The jobs give professionals a chance to work in environments from which they gain exposure and career growth (Kramer, 2006). Most individuals look for jobs in this field because of the excellent remuneration prospects. A small number is service minded and have a noble call. Job-hunting these days has been made easy by the high levels of technology. The facility of online job searching makes it easy to find jobs in health care environment instead of wasting time on job list ings and newspapers. There are also recruiting agencies that have job databases therefore those looking for jobs are able to register online, and they are informed as vacancies arise. One is given the right job positions available depending on his or her job description and preferences. Job-hunting requires one to look for a growing or vital organization however, the applicants for online job should be careful to impress the employer, complete all sections of the given application, and should be careful on their typing to avoid errors (Hopkins, 2012).