On balance, does the 'rise' of China present a greater opportunity or Essay

On balance, does the 'rise' of China present a greater opportunity or threat to Australia's national interests - Essay Example Australia believed in the notion that it needs to do its defense from the Asian countries. They have held this believe ever since the early years of the cold war between Australia and Asia. Although this believe of Australia has been revised in several aspects but still some countries are a potential threat to Australia. One of such countries is the rising super power China (Capling, pp. 601-622). This essay takes into account the aspects in which australia consider china as a threat. These factors may be military, social and economical sjakjs. Nations are concerned about the present power status of China. There is a vast difference between as nation which takes 300 years to develop and one that rises in 30 years. The nation that rises in a span of 30 years is the result of its effective strategy while the one that take 300 years to develop is merely dependent on luck. China can be considered a best example of rising strategy. Many scholars have been assessing the rising strategies o f China for about 2 decades but still they haven’t reached on any conclusion regarding its power status. (White, 2013) The rise of China has made many nations think over different trade and defense issues of Asia Pacific. The ongoing strategic competition between America and China is visible to the whole world. Keeping the present conditions in mind the Australian strategists are not thinking over the regional conflict that they may face from China but are debating over the issue that how Australia must prepare itself for war. This explains that Australia views China as a present and potential trust for its defense and national interest. Australia is fully aware of the fact that China is an emerging super power; therefore it knows that unfriendly relations with China can be a major threat for its national security. The poor culture understanding between Australia and China has also increased the ideological distrust between the two rising nations. This has also negatively aff ected the economic relationship of China and Australia. The culture of both the regions differs from each other in several aspects. This must not be considered as an aspect of weak economical relations between the two countries. Australia must try to develop good cultural relationship with China, as it will foster good trade relations between the two countries and the trade between Australia and china can be profitable for both countries. (Capling, 2008) Other than this, Australia has many questions to address which may have various impacts on its future with China. There is an important question being discussed among the strategic mind of Australia based on its national interest and its defense policy. The questions that are the being discussed by Australian’s strategic mind revolves around its participation in the future war between America and China. Australia is also thinking over the fact that its defense system must be strong enough to face the China at any given time i n future. Clearly one cannot deny the fact that the rise of China has been a threat for the military of Australia since World War II(Barker, 2011). The present Australian policy is not to appease or provoke China but to support and protect Australia and build its defense so that it can face any threat in unfavorable circumstances. Australia also holds certain policies regarding supporting US as they

Heat transfer in a water-water heat exchanger Lab Report

Heat transfer in a water-water heat exchanger - Lab Report Example The heater and main switch was turned on and the water temperature controller was set at 60oc.The hot water flow rate and cold water flow rate were set to 50g/sec and 15g/sec respectively. The flow rates and stream temperature were monitored making sure that there was temperature stabilization and there was no drift of flow rate. The temperatures were then recorded in the table with the following headings; Repeat with cold water flows of;25g/sec,40g/sec and set the hot water temperature to 40oc and repeat step 2 and 3 The cold water supply was interchanged and the horse connection was returned. At this point, the exchanger had been configured with co-current flow. There was a single set readings made with hot water at 60oc, Vhot=50g/sec and Vcold=40g/sec. The results were recorded in the table The energy gained by cold stream Qc and energy lost from the hot stream was calculated for each run with the use of equations 1 and 2 in the theory sections. It was noted that the indicated flow values V, was to be multiplied by 0.001 to give mass flows (F) in S.I unit of Kg s-1 Basing on the results, it was observed that when the flow rate of the cold water was increased in the first 3, the T6 that is the midpoint also increased. The reading for T1 was never the same as the initial temperature. It is evident that heat transfer rate could be calculated with the use of heat transfer coefficient log mean temperature difference and total area (Shah and Joshi 1987; Gnielinski 1976). The same kind of results is seen to hold for counter flow and parallel heat exchangers whereby there is change in temperature for both fluids. It is not easy to analyze the cross-flow heat exchangers and there is a good estimation to the actual condition when the log mean temperature difference is used in case one stream never changes to a large extent in terms of temperature (Techo, Tickner and James 1965; Moffat 1988). It is not easy to solve heat exchanger problems in

The Potential of Coconut Bagasse in Making White Charcoal Essay Example for Free

The Potential of Coconut Bagasse in Making White Charcoal Essay AN ACT PROVIDING FOR THE REGULATION OF THE CUTTING OF COCONUT TREES, ITS REPLENISHMENT, PROVIDING PENALTIES THEREFOR AND FOR OTHER PURPOSES. The Republic Act No. 8048, also known as the â€Å"Coconut Preservation Act of 1995†, states the importance, conservation and replanting of coconut trees. The act was approved on June 7, 1995 http://www.ustcivillaw.com/Republic%20Acts/RepActNo6260.php REPUBLIC ACT NO. 6260 AN ACT INSTITUTING A COCONUT INVESTMENT FUND AND CREATING A COCONUT INVESTMENT COMPANY FOR THE ADMINISTRATION THEREOF. The republic act no. 6260, also known as the coconut investment act, states the development of the coconut industry through the provision of adequate medium and long-term financing for capital investment in the industry by creating a corporation to be known as the Coconut Investment Company. It was approved on June 19, 1971 http://www.chanrobles.com/republicacts/republicactno4403.html REPUBLIC ACT NO. 4403 REPUBLIC ACT NO. 4403 AN ACT ENCOURAGING THE ORGANIZATION OF AGRO-INDUSTRIAL COCONUT COOPERATIVES UNDER THE JURISDICTION OF THE PHILIPPINE COCONUT ADMINISTRATION, AMENDING FOR THE PURPOSE REPUBLIC ACT NUMBERED ELEVEN HUNDRED FORTY-FIVE| | The republic act no. 4403 states the aim to help planters and processors organize themselves into associations and/or agro-industrial coconut cooperatives with a view to giving them greater control in the marketing of their products, to help them obtain more credit facilities, and to assist them in getting more participation in the income of the coconut industry. It was approved on June 19, 1965 RELATED LITERATURE http://www.pyroenergen.com/articles08/black-white-charcoal.htm Black Charcoal and White Charcoal This contains the differences between black and white charcoal, the procedures in making black and white charcoal and the benefits of white charcoal. It is also said that These charcoals are made by different methods of burning. About the Author: - Junji Takano is a Japanese health researcher involved in investigating the cause of many dreadful diseases. In 1968, he invented PYRO-ENERGEN, the first electrostatic therapy device for electromedicine that effectively eradicates viral diseases, cancer, and diseases of unknown cause. http://www.whitecharcoal.com/history_country.php History and Origin of White Charcoal| The history of white charcoal in goes back several thousand years to the Jomon era (Japan) according to web of japan. During the medieval period, Japan introduced Chinese charcoal-making techniques that represented an advance for those days, and around the 14th century charcoal was in common use. In the early modern period, Chado (the Way of Tea) took on greater importance, and this led to the making of an even finer variety of charcoal for the tea ceremony. Today, Japans charcoal-making techniques are admired worldwide. We can classify the different types of charcoal used in Japan into two broad categories: kuro-zumi (black charcoal) and shiro-zumi (white charcoal). http://www.oilgae.com/energy/sou/ae/re/be/bm/bag/bag.html Bagasse (sometimes spelled bagass) is the biomass remaining after sugarcane stalks are crushed to extract their juice. Bagasse is often used as a primary fuel source for sugar mills; when burned in quantity, it produces sufficient heat energy to supply all the needs of a typical sugar mill, with energy to spare.

The Brics In The Global System Economics Essay

The Brics In The Global System Economics Essay In 2006, as BRICs mania gathered momentum, the four governments, at the initiative of former Russian President Vladimir Putin, collectively lifted themselves from the pages of investment reports to hold their first foreign ministers meeting on the sidelines of the annual UN General Assembly session. After a second meeting of the four foreign ministers in New York in September 2007, the BRICs launched a consultative process at the level of deputy foreign ministers to foster regular contacts and multilateral diplomacy. By 2008 the four BRICs foreign ministers, and on a different track the finance ministers, established a process to hold regular meetings to discuss common approaches to international problems, including the global financial crisis. Again at Russias initiative, the four BRIC heads of state met in July on the sidelines of the G8 (the G7 plus Russia) summit in Japan and plans were laid for a formal summit to be held in the Ural mountains city of Ekaterinburg, Russia in June 2009. Despite the groups improbable beginnings, BRICs were on a roll. 2. Successive communiquà ©s from follow-on meetings enumerated demands for an adjustment of global governance structures to better reflect the BRICs rising share of global output, trade, and financial flows. Nearly 60 percent of the total 14 increase in world output in 2000-2008 took place in developing and transitional countries, half of which occurred in the BRICS; their share of global GDP during the same period rose from 16 to 22 percent. Current projections estimate that China will overtake Japan as the worlds second largest economy in about 2010, and within the next two decades the top three economies in the world are expected to be China, the U.S., and India, with Russia and Brazil moving higher within the top ten. 3. BRICS symbolises the collective economic power of Brazil, Russia, India, China, and South Africa. Together the BRICS account for more than 40 per cent of the global population, nearly 30 per cent of the land mass, and a share in world GDP (in PPP terms) that increased from 16 per cent in 2000 to nearly 25 per cent in 2010 and is expected to rise significantly in the near future. The Rise of BRICS 4. BRICS, the five of the most important rising economic powers in the early twenty-first century, have emerged individually as second-tier regional powers and collectively as a joint presence in world politics. Although BRICS diplomacy took wing under Western radar, it now features well-publicised regular summits, communiquà ©s summarising common positions and demands, and activities to promote peer learning and public diplomacy. Goldman Sachss analyses may have indirectly spawned an incentive to collaborate diplomatically, but the bank is not alone in identifying (and promoting) such trends. Even before the global economic downturn, attention had begun to focus on the post-American world, a non-polar world, and especially the rise of China. 15 5. The BRICS countries have a significant strategic position on their continents: the Americas, Asia, Europe and Africa. Taken together, these five countries account for approximately 30 per cent of the earths surface. The importance of this vast territory is related to the amount of their mineral, water and energy resources, the availability of fertile land for agriculture and their biodiversity. All five countries have intensively developed activities in these areas with varying degree of success. The relative importance of agriculture and extractive activities, the transformation of mineral and energy resources and the magnitude of the BRICS agro-diversity are shown by their share in global trade in commodities and in the evolution of industrial activities. Their rich biodiversity also provides the opportunity for the development of very dynamic industries such as pharmaceuticals and biotechnology. 6. The total population of the BRICS is even more significant than their territory. The BRICS percentage of global population remained constant at around 43 percent of the worlds total population over the period 1985-2005. Chinas share of the world population declined from 22.1 percent in 1982 to 19.6 percent in 2005. However the population of all the other BRICS except Russia increased. The most significant increase in population occurred in India, which had 17.4 percent of the world population in 2005. This large share of the population represents both a challenge ad a source of opportunities. Challenges that frequently occur in large populations are those to do with the provision of water, food, energy and sanitation, as well as with the health and education systems. Other undesirable challenges associated with the population problem take the form of unemployment and the high degree of inequality in the distribution of income. These problems are common to the five countries, where a significant portion of the population lacks access to essential goods and services, and demand urgent redress. Data available from the United Nations show that Brazil and South Africa are among the countries with the worst distribution of income and that India and Russia are among those with the 16 largest percentage of the population living below the poverty line, 28.6 percent and 30.9 percent respectively in the mid 2000s. Problems related to the perverse distribution of income and limited access to public services (education, health, housing and urban infrastructure, public safety etc.) are reflected in their low human development index. 7. Huge regional disparities in human and economic development are evident in all five countries. In general, the wealthier are those that are more industrialised. Regional redistribution of income and access to essential goods and services represent a significant challenge that these five countries have in common. 8. Regarding the structure and performance of production, the combined GDP of the BRICS (in terms of purchasing power parity) represented in 2007 approximately 23 per cent of world GDP, more than the United States. In that year, China and India accounted for 10.8 percent and 4.8 percent of world GDP respectively. The economic performance of the BRICS has, however, varied widely in the last decades. China has maintained the fastest growing economy worldwide. India has grown significantly and more regularly. Russia after experiencing a severe crisis in the 1990s, and being faced with significant disorganization of the socialist economy, began a phase of significant growth in this decade propelled by the role of oil and gas in the economy. Brazil and South Africa have seen a small improvement in their economic performance, also well below their potential. 9. The spectacular economic growth in China is mostly due to the competitiveness of its manufacturing sector. It is important to point out that the industrial system in China has diversified to a significant degree during the last 25 years. The most noteworthy change, in recent years, has been the growth in the consumer durables and electronics sectors. In China, the share of technologically 17 intensive sectors in industrial output during the middle of the present decade approached 35 percent of the total value added by the manufacturing sector. This share is between 14 percent and 17 percent in the other four countries. 10. All the BRICS have raised their export and import levels in the last two decades, both in volume terms and as a share of GDP. In China, Russia and South Africa, foreign trade reached, in 2002, more than 50 percent of GDP while in Brazil and India it represented approximately 30 percent of GDP. Except South Africa, which has not increased its share of world exports in the last ten years, all the other four countries experienced high growth in exports? On the import side, all five countries increased their share of world imports, with the exception of Brazil. 11. The BRICS have been the recipient of significant amounts of foreign direct investment (FDI) in the last 50 years. Prior to 1984, Brazil received the greatest amount of FDI of all the BRICS. Although China reached the same level in 1985, Brazil continued to be a major destination for FDI during the 1990s, most notably during the process of privatization that took place during that decade. 12. China became the largest recipient of FDI in the world beginning in1993. The Chinese policy of attracting multinational companies was part of a strategy to expand their technological knowledge and later to strengthen domestic industries and companies. In China and India, where the capital account was not liberalized, FDI seems to have been concentrated in new investments in production and innovation. The other BRICS countries i.e. Brazil, Russia and South Africa, where the economies were liberalized with fewer restrictions, received more portfolio investment. This demonstrates the economic and political importance of the BRICS. The increase in the degree of influence of these countries took place during a period marked by intense transformation in the economy and global society. One of 18 this is the integration in the economy and society of significant proportion of previously marginalised segment of the BRICS population. 13. The crisis that started to affect the world economy in 2007-2008 has repositioned the role and importance of the BRICS. In a new scenario characterised by geopolitical realignment and where the role and function of the state in the economy are being redefined, their economic weight has in fact increased. Also, their capacity to remain immune is seen as a relevant source of ideas about how to survive during the crisis and to find ways of overcoming it. The differentiated role of the BRICS in the configuration of global power and the global economy will in some way constrain the evolution of their domestic system for innovation. Also, their national system of innovation are highly dependent on their historical development and on how the different domestic actors interpret global developments as well as how they position themselves in the national and international economies. On the other hand, more room for manoeuvre for setting up new industrial and technological policies may be e xpected. Significance of BRICS 14. The BRICS countries have consistently displayed high annual growth rate since 1980. China has grown at about 9.8%, followed by India at around 5.8% and Russia also at about the same level as India, while Brazil showed 2.4% growth. In comparison, the large industrialized nations group of seven (G-7) have shown 2.7% average annual growth. China and India have shown sustained growth by maintaining significantly high growth rates over a long period. 19 15. BRICS share of the global economy has increased by 1.5% over the last decade. During the period 2000-03, the BRIC countries contributed 1.4% of the annual global growth rate of 3.3% at purchasing power parity. Over the period 1980-2003, the per capita GDP at purchasing power parity has grown twelve fold in China, quadrupled in India, more than double in Brazil. In Russia, per capita GDP has increased by 50% over the 1998 levels. This indicates an overall increase in prosperity in BRICs. Accordingly the living standards have gone up in the BRIC economies, and the gap between the BRICs and advanced economies is narrowing down.(page 32 Sujatha) 16. This is also perhaps the most opportune time for forging closer links, given that the world economy is in a state of flux and a rebalancing is taking place towards the emerging economies. Their pivotal role in the global recovery has already catapulted the BRICs into the leadership role, which needs further cementing through greater interface among economies. Key Indicators and Statistics http://www.globalsherpa.org/wp-content/uploads/2011/04/BRICs-Development-Indicators-e1304046996149.gif 20 17. Economic Growth and Development of the BRICs (a) From 2000 to 2008, the BRIC countries combined share of total world economic output rose from 16 to 22 percent. Together, the BRIC countries accounted for 30 percent of the increase in global output during the period. (b) To date, the scale of Chinas economy and pace of its development has out-distancebd those of its BRIC peers. China alone contributed more than half of the BRIC countries share and greater than 15 percent of the growth in world economic output from 2000 to 2008. The chart above on key development indicators for the BRIC countries shows the sharp contrast in GDP, merchandise exports and the UNDPs Human Development Index (HDI) between China and the other BRIC countries. 18. Growing BRIC Middle Class (a) The rapid economic growth and demographics of China and India are expected to give rise to a large middle class whose consumption would help drive the BRICs economic development and expansion of the global economy.   The charts below depict how the increase in the middle class population of the BRIC countries is forecasted to more than double that of the developed G7 economies.   21 http://www.globalsherpa.org/wp-content/uploads/2011/04/brics-middle-class-income-bracket-2020-goldman-sachs-5.10-300268.png http://www.globalsherpa.org/wp-content/uploads/2011/04/expanding-world-middle-class-goldman-sachs-5.10-300246.png

Catcher in the Rye Essay: The Judgmental Caulfield :: Catcher Rye Essays

The Judgmental Caulfield of The Catcher in the Rye The Catcher in the Rye, by J.D. Salinger, is a classic novel about a sixteen-year-old boy, Holden Caulfield, who speaks of a puzzling time in his life. Holden has only a few days until his expulsion from Pency Prep School. He starts out as the type of person who can't stand "phony" people. He believes that his school and everyone in it is phony, so he leaves early. He then spends three aimless days in New York City. During this time, Holden finds out more about himself and how he relates to the world around him. He believes that he is the catcher in the rye: " I keep picturing all these little kids playing some game in a big field of rye and all. Thousands of little kids, and nobody's around-nobody big, I mean-except me. And I'm standing on the edge of some crazy cliff. What have I to do, I have to catch everybody if they start to go over the cliff..." (173). He briefly enters what he believes is adulthood and becomes a "phony" himself. By the end of the story, Holden realizes he doe sn't like the type of person he has become, so he reverts into an idealist; a negative, judgmental person. Holden's idealism is first brought forth when he describes his life at Pency Prep. It is full of phonies, morons and bastards. His roommate, Stradlater, " was at least a pretty friendly guy, It was partly a phony kind of friendly..." (26) and his other roommate, Ackley is "a very nosy bastard" (33). Holden can't stand to be around either one of them for a very long time. Later, he gets into a fight with Stradlater over his date with Jane. Holden is upset because he thinks that Stradlater "gave her the time" and that he doesn't care about her; 'the reason he didn't care was because he was a goddam stupid moron. All morons hate it when you call them a moron' (44). Holden not only sees his roommates as phonies and bastards, but he also sees his headmaster at Pency Prep as a "phony slob" (3). This type of person is exactly what Holden doesn't want to be. He strives to be a mature adult; caring, compassionate, and sensitive. Even when Holden goes out or reads a story, it is just full of phoniness, ".

Burrhus Frederic Skinner Essays -- B.F. Skinner Psychologists Psycholo

Burrhus Frederic Skinner People do on a day to day basis, many actions without realizing it, and most of the time, they don’t know why they do them. Certain reinforcements, some positive, and some negative have conditioned their actions and thoughts. All organisms, including humans, are greatly influenced by the consequences produced by their own behavior. The environment holds the key to most of the changes that occur in the way a person behaves and a human’s own behavior brings consequences that change his or her actions (B. F. Skinner). Dr. B.F. Skinner forged the theory of Behaviorism, â€Å"a school of psychology that rejects the unobservable and focuses on patterns of responses to external rewards and stimuli† (Skinner, B. F.). Burrhus Frederic Skinner was born March 20, 1904, and raised in Susquehana, Pennsylvania, where his father worked as a lawyer and his mother was a strong and intelligent housewife (Boeree). Skinner’s parents encouraged him in his schoolwork, and he was well read as a child (B. F. Skinner). B. F. was â€Å"an active, out-going boy who loved the outdoors and building things, and actually enjoyed school† (Boeree). He enjoyed literature and biology especially (B. F. Skinner). Skinner attended Hamilton College in New York State (R. W. Kentridge). â€Å"He didn’t fit in very well, not enjoying the fraternity parties or the football games. He wrote for school paper, including articles critical of the school, the faculty, and even Phi Beta Kappa! To top it off, he was an atheist – in a school that required daily chapel attendance† (Boeree). He continued to read widely and to pursue interests in literature and biology. He began to write a lot of fiction and poetry, and became known as an aspiring poet. After his junior year, he attended the Summer School of English at Breadloaf, where he met Robert Frost (B. F. Skinner). When he graduated, â€Å"he planned to spend a year writing a novel, but found that he had nothing to write about and suffered through what he would later refer to his ‘dark year’†. Skinner considered pursuing graduate study in English, but eventually settled on psychology instead. â€Å"The choice of psychology followed Skinner’s realization that what intrigued him about literature was actually human behavior, a topic he felt could be approached more suitably through science† (B. F. Skinner). The writi ngs of Frances Bacon had interested... ...ood and bad. He tested his theory by inventing the Skinner Box and operant behavior. With his theories and testing, people now know how the many actions they perform throughout the day, and why they perform them. Works Cited A Science Odyssey: People and Discoveries: B. F. Skinner. PBS. 15 May 2000. <http://www.pbs.org/wgbh.aso/databank/entries/bhskin.html>. B.F. Skinner. Boise State University. 9 May 2000. <http://education.boisestate.edu/FACHTML/cohort3/skinner.htm>. B.F. Skinner Foundation - Documents - A Brief Survey of Operant Behavior. The B.F Skinner Foundation. 14 May 2000. <http://www.bfskinner.org>. Boeree, Dr. C. George. B.F. Skinner. 9 May 2000. <http://www.ship.edu/~cgboeree/skinner.html>. Leahey, Thomas H. "Skinner, B.F." Academic American Encyclopedia. 1995 ed. R. W. Kentridge. Skinner Box. 17 May 2000. <http://www.biozentrum.uni- wuerzburg.de/genetics/behavior/learning/Skinnerbox.html>. Skinner, B. F. 17 May 2000. <http://www.encyclopedia.com/articles/11954.html>. Skinner, B. F. About Behaviorism. New York: Alfred A. Knopf, 1974. Skinner, B. F. Science and Human Behavior. New York: Macmillian, 1953.

Compensation Consultants Essay

Compensation consultants are now becoming a popular tool to assist company in managing their compensation program and corporate governance strategies. However, there are both pros and cons in using compensation consultants. On one hand, there are some clear benefits; firstly, compensation consultants can provide expert knowledge, for example, insight and advice on trends in executive compensation, an assessment of executive compensation relative to executive performance; and insight and advice on the level and mix of pay and benefits (Conyon, 2007). Although, compensation consultants are viewed as external third parties providing solutions of optimal efficient managerial compensation contracts to align the benefits of both the employee and employer in the most fair and unbiased way. They have the ability to help the firm maximize shareholder’s value by designing compensation schemes that more closely align the interests of managers with shareholders since they can bring breadth and depth of experienced from handling similar problems and benchmarking comparable (peer group) firms especially when there is high information asymmetry between different parties. Other benefits include cost reduction in recruiting/rewarding process and efficient allocation of resources by taking the tasks away from human resource, compensation committee and shareholders who may not have the knowledge and experience in determining senior executive pay package. On the other hand, there are some drawbacks in hiring compensation consultants. Firstly, compensation consultants face potential conflicts of interest that can lead to higher recommended levels of CEO pay, including the desires to cross-sell services and to secure repeat business. Evidence shows that US CEOs receive about 18% more total compensation, and Canadian CEOs receive about 33% more, when their executive compensation consultant also provides other services to the firm (Murphy & Sandino, 2010). They are more likely to help executives by pushing for higher compensations in hope of being rewarded with more consultants services with the company as such firms that hire compensation consultants are more likely to have higher CEO compensation levels than those that have not hired a consultant (Voulgaris, et al. 2010) (Goh & Gupta, 2010). However, contrary to the study of Murphy & Sandino 2010, some scholars found that the potential conflict of interest between the firm and consultant is not a primary driver of excessive CEO pay. Their explanation is that opposing incentives to maintain consultants’ credibility or safeguards put in place by compensation committees limit actions taken with regard to cross-selling incentives (Cadman, et al. , 2010). Secondly, consultant fees can be substantial; thus, the company should weigh the costs/benefits to determine whether hiring a consultant is appropriate. Thus, in my view, compensation consultants may not be part of agency problems but rather a solution to the problem of designing an optimal executive pay contract that aligns the interests of both the employee and employer if the firm can strengthen and promote transparency in its hiring process to maximize shareholder’s values.